This week, the US stock market enters earnings season, with five tech giants becoming the market focus. The earnings reports of COIN and MSTR will be released after the market closes on Thursday.

On October 31st, Michael Burry, who served as the real-life prototype for the protagonist in the movie "The Big Short", appeared to issue a rather ambiguous warning to retail investors regarding market exuberance. He made a post on social media stating, "There will be times when we encounter a bubble. There will be times when we can 'ride the wave'. And there will be times when going against the mainstream is the only path to victory." At the time of his posting, an increasing number of people were beginning to question the financial stability of the AI frenzy. For instance, this week, NVIDIA became the first company to exceed a market value of $5 trillion. Its market capitalization currently accounts for nearly one-tenth of the total market capitalization of the S&P 500, surpassing the GDP of India, Japan, and Germany. Michael Burry is renowned for his cautionary remarks about the market and the economy. However, this time, his post did not specifically point to any particular bubble

October 31st. Late at night on October 31st, U.S. President Trump tweeted, urging Senate Republicans to get rid of legislation that obstructs parliamentary rules in order to break the nearly month-long deadlock in the government shutdown. This so-called "nuclear option" aims to advance a budget bill through a simple majority vote. However, top Republicans remain firmly opposed. Senate Majority Leader McConnell reiterated that he would not initiate this process for appropriation legislation. Since the start of the U.S. government shutdown, approximately 750,000 federal employees have been placed on furlough without pay. The Congressional Budget Office estimates that if the shutdown persists, it could cause the U.S. fourth-quarter GDP to decline by up to 2%. Market anxiety due to the political deadlock has increased, resulting in a shaky U.S. dollar index and a retreat in short-term U.S. Treasury yields. Bitunix analysts pointed out that Trump is once again using high-risk political ta

On October 31st, based on CloverPool data, the Bitcoin network completed a new round of difficulty adjustment at 18:14:53 on October 29, 2025 (Block Height 921,312). The difficulty value increased by 6.31% to 155.97 T, hitting a new all-time high again. The current average hash rate of the Bitcoin network has risen to 1.13 ZH/s, and the next difficulty adjustment is expected to occur in approximately 12 days.

On October 31st, as monitored by LookOnChain, the token VALOR issued on the America Launchpad platform has now become the second-largest holding in the official wallet of the TRUMP Meme Coin team (only second to TRUMP). Up to now, a total of 27.37 million VALOR (approximately $240,000) has been transferred to the team wallet.

On October 31st, based on Alternative Data, the Fear and Greed Index of cryptocurrencies today is 29 (yesterday it was 34), and market sentiment still remains in a state of "Fear." Note: The Fear and Greed Index ranges from 0 to 100 and incorporates the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

The token $VALOR, launched on America Launchpad, is now the largest holding(after $TRUMP) in the Official Trump Meme team wallet. A total of 27.37M $VALOR ($240K) has been transferred to the team's wallet so far.