Binance ORCA funding rate reaches -200%, with high bearish sentiment in the market

[BlackRock CEO Explores Tokenization of Long-Term Investment Products] BlackRock's CEO revealed that the company is studying the tokenization of long-term investment products like iShares to drive innovation and optimize investment methods. (Source: Zhitong Finance)

[Cosmos Health Increases Ethereum Holdings by $300,000] On October 14, Nasdaq-listed company Cosmos Health announced an additional purchase of $300,000 worth of Ethereum, bringing its total investment to $1.8 million. This acquisition is part of its $300 million digital asset financing plan.

[Intensive Macro Events May Affect Easing Expectations, Bitcoin Leverage Decline Supports Rebound] HTX Research analyst Chloe pointed out in the HTX DeepThink column that this week is packed with macro events, including speeches by Federal Reserve officials, the release of the Beige Book, and U.S. September PPI and retail sales data. These key indicators may influence market expectations regarding the pace of easing for the remainder of the year. According to FedWatch data, the market is still betting on 1–2 rate cuts within the year, putting short-term pressure on the U.S. dollar and potentially leading to a flexible release in the valuation of risk assets. In the crypto market, Bitcoin's leverage ratio has significantly declined from its monthly high, with the market entering a "healthy deleveraging" phase. Risk exposure has decreased, accumulating momentum for a subsequent rebound. It is expected that in the next 1–2 weeks, Bitcoin's price will fluctuate within the $108,000 to $118,000 range, gradually building a new price platform.

[Mastercard Applies for Virtual Asset Payment Processing Trademark] According to reports from Jinse Finance, Mastercard has submitted a trademark application related to 'virtual asset payment processing,' indicating its strategic positioning in the digital asset sector.

[Perpetual Contract DEX Open Interest Drops to Multi-Month Low] According to Jinse Finance, following the market crash on October 11, the open interest of perpetual contract DEXs plummeted from $26 billion to less than $14 billion, hitting its lowest level in several months.