Gemini disclosed a net loss of $159 million in its third quarter report, and its stock price fell to a historic low of $15.80. The company is trying to transform into a "super application" to improve the situation. （Cointelegraph）

[CryptoQuant Founder: MicroStrategy and ETF Buying Slowdown May Impact Market Dominance] CryptoQuant founder and CEO Ki Young Ju stated that Bitcoin whales have sold billions of dollars since the price reached $100,000. He previously judged that the bull market cycle had ended but delayed this conclusion due to inflows from MicroStrategy and Bitcoin spot ETFs. Ki Young Ju believes that if these buying forces weaken, the market may once again be dominated by sellers, as selling pressure remains heavy at present.

Binance SPX/USDT perpetual trading volume surged 6 times within 10 minutes, with a turnover of 28.67 million US dollars in the past 24 hours, a decrease of 5.68% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[Trump Says Unfavorable Ruling Could Lead to Tariff Refunds Exceeding $3 Trillion] U.S. President Trump stated that the U.S. Supreme Court was provided with incorrect data. If an unfavorable ruling is made on the tariff issue, the refund amount will exceed $3 trillion, including invested funds, funds pending investment, and repatriated funds. A blow of this magnitude would constitute an insurmountable national security incident and have a devastating impact on the future of the United States, potentially making it difficult for the nation to sustain itself.

[Whale Deposits 1.19 Million USDC into HyperLiquid and Opens UNI Long Position] On-chain data shows that address '0xB29' deposited 1.19 million USDC into the HyperLiquid platform and opened a 5x leveraged UNI long position. The total value of the position is $4.47 million, with a liquidation price set at $7.4.