Viewpoint: This cycle, the crypto market may peak earlier than the US stock market, and Bitcoin may also bottom out ahead of the stock market.

According to monitoring by EmberCN, approximately 1.223 million SOL tokens (valued at around $117 million) were transferred to Coinbase Prime from a single deposit address two hours ago. At the time of the transfer, SOL was trading at roughly $95.55. The identity of the transferor and the specific purpose of the transaction remain unclear, and it is currently impossible to confirm whether the relevant SOL will be sold.

Beating AI News Flash, according to Bloomberg, OpenAI CEO Sam Altman met with approximately 50 Samsung Group executives in South Korea on October 31 to discuss deepening cooperation in memory chips and AI infrastructure. Attendees represented Samsung’s business units spanning electronics, finance, and biotech, with topics ranging from AI’s impact on industries, corporate decision-making, and business opportunities over the next decade. The meeting takes place against the backdrop of a global memory chip shortage and ongoing price hikes, as surging demand from data center operators further fuels competition for chip supplies. The world’s top five AI infrastructure players are set to invest over $3 trillion in the coming years, with memory chips making up around one-third of data center expenditure. The gathering also follows the pair’s previously announced partnerships, including supplying memory chips for OpenAI’s Stargate infrastructure project and co-developing AI data centers, with initiatives such as offshore floating data centers included.

Per data from X platform, the official X account of Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has deleted its earlier tweet about its collaboration with Trade.xyz, while still retaining the repost of Trade.xyz’s promotional copy. Earlier, Bloomberg reported that ICE and Trade.xyz are partnering to bring perpetual contract products to the U.S. regulated market. The market will feature independent clearing, KYC (Know Your Customer) and AML (Anti-Money Laundering) systems, be built on Hyperliquid’s platform, and utilize Trade.xyz’s products linked to stock indices, commodities, and currency prices. The project is currently pending regulatory approval. ICE’s official X account had previously published a promotional post for the partnership, and the purpose behind the deletion remains unclear.

In response to external interpretations of his earlier comments about SpaceX holdings as an attempt to pressure Elon Musk, Binance founder Changpeng Zhao (CZ) issued a clarification, stating he never intended to sell his SpaceX shares nor had any motive to threaten anyone. CZ explained that referencing Binance’s SpaceX stake was to address discussions comparing Binance to FTX and questioning its financial standing, to show that Binance holds assets beyond cryptocurrency, not to pressure Musk. He stressed that Binance’s SpaceX holding is just a "drop in the bucket" relative to SpaceX’s total size, so it could never constitute a threat, and called SpaceX a high-quality stock worthy of long-term investment. Earlier, CZ had publicly disclosed that Binance invested $500 million when Musk acquired Twitter, and its current SpaceX stake is valued at over $1 billion. In response to Musk’s teasing, CZ previously said he hoped Musk would offer some support during Binance’s challenging period.

StonkFun announced that its website has resumed access. The team previously voluntarily took the site offline and migrated it to new infrastructure. All on-chain functions are currently operating normally, and no user impacts have been identified by the team. The official noted that some networks may take up to one hour to sync domain changes, advising users to wait one hour before connecting their wallets via the website.

Beating AI News Flash: OpenAI’s 28-day product sprint is now on Day 26. ChatGPT now supports fast account switching on iOS and Android, eliminating the need to repeatedly log out, with up to two accounts able to be logged in simultaneously. Chat history, memory, and subscriptions remain separate, and the desktop version will roll out the feature soon. Tibo also teased in advance that a "banked reset" (rollover credit reset card) will be offered in the final two days. Unlike the previous global reset that directly refreshed the quota, this reset opportunity will be stored in users’ accounts, allowing them to use it manually when their quota is nearly exhausted.