Spot gold fell below $4,200.

The Securities and Futures Commission (SFC) of Hong Kong and the Accounting and Financial Reporting Council (AFRC) today signed a new Memorandum of Understanding (MOU), expanding their regulatory cooperation beyond oversight of financial reporting and related audit work for listed entities. The new MOU covers financial and compliance reporting of licensed corporations, virtual asset service providers licensed by the SFC, SFC-authorized funds, and registered open-ended fund companies, as well as relevant audit and assurance work carried out by their auditors. Additionally, the MOU establishes a comprehensive framework for information sharing, case referral, mutual assistance, and coordinated inspections and investigations related to regulatory matters of common concern to both parties.

According to data from Alternative, the Crypto Fear & Greed Index stands at 74 today, just 1 point away from "Extreme Greed", with a weekly average of 70. Meanwhile, HTX market data shows Bitcoin has pulled back to the $83,000 level, currently trading at $83,488; Ethereum is at $2,656, down 1.52% in 24 hours. Altcoins are seeing mixed performance with sector rotation: some previously strong altcoins have entered a correction, while others that were weak earlier are rallying. Notable moves include: QNT up 52% to $261, ONE up 21% to $0.0027, GRT up 18% to $0.032, PUMP up 15.8% to $0.005, SEI up 14.5% to $0.0826; SAGA down 17.3% to $0.0255, PHA down 17.8% to $0.06, RUNE down 9% to $0.727, ZAMA down 8% to $0.082.

According to Lookonchain monitoring, long positions in HYPE have been continuously liquidated as the token’s price declines. On-chain data shows that one address was liquidated of 11,796 HYPE tokens an hour ago, worth approximately $1.06 million. The address currently still holds a long position of 47,184 HYPE, valued at around $4.24 million, with its new liquidation price standing at $88.50.

As $HYPE falls, $HYPE longs are getting liquidated! 0x1add had 11,796 $HYPE ($1.06M) liquidated an hour ago and still holds a 47,184 $HYPE ($4.24M) long. New liquidation price: $88.50

Samsung Electronics is accelerating construction of the first mass production line (Phase 1, Ph1) at its Pyeongtaek Campus 5 (P5). According to reports, Samsung is in talks with major equipment suppliers to bring forward the Ph1 equipment installation timeline from the originally scheduled third quarter of next year to the second quarter. Driven by surging demand for high-end DRAM and NAND in the AI sector, Samsung aims to speed up its capacity expansion. P5 is Samsung Electronics’ next-generation semiconductor production base, slated to launch operations in 2028. This year’s third quarter saw Samsung kick off construction of the Ph1 cleanroom, which is primarily used to control micro-pollutants and environmental conditions such as temperature and humidity inside the wafer fab. Samsung had previously planned to complete the Ph1 cleanroom at P5 by early next year, but had already advanced the timeline by roughly six months, so equipment introduction was initially expected in Q3 next year. However, Samsung’s equipment investment progress for P5 has further accelerated recently. An industry insider noted that Samsung has informed relevant parties of its plan to shift the Ph1 equipment arrival time from the original July-August next year to May-June next year. Given the early completion of the cleanroom, the project schedule had already been adjusted once before, and the overall investment pace has now quickened further.

Well-known trader Doctor Profit said he has sold all his QNT holdings to lock in profits. QNT surged from $50 to $374 in just a few days, with this rally generating substantial gains. Current market funding rates are elevated, indicating overcrowded long positions. Additionally, he observed that some large accounts have started selling privately while still urging the market to continue buying through public channels.