At the opening of the US stock market, the Dow Jones Industrial Average rose 145 points, the Nasdaq rose 85 points, and the S&P 500 index rose 0.28%.

[Kyrgyzstan Issues $50 Million Stablecoin and Suspends Nationwide Crypto Mining Operations] Kyrgyzstan has issued the national stablecoin USDKG, with an initial batch of approximately 50.14 million units, each with a nominal value of $1. The stablecoin is issued by a state-owned enterprise controlled by the Ministry of Finance and backed by gold reserves, intended for use in cross-border payments and trade. The government plans to increase the allocation to approximately $500 million, with a final target of around $2 billion. Additionally, Energy Minister Talaybek Ibraev announced that due to power shortages, all crypto mining operations nationwide have been disconnected from electricity and the internet, with consumption restrictions implemented. Meanwhile, electricity is being imported from neighboring countries (including Russia) to alleviate energy pressures.

[Main Password: The US encryption regulatory framework is accelerating its formation, with the main player making a $100 million bet in this direction] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

[Federal Reserve's Williams Says Asset Expansion Needed Soon] Federal Reserve's Williams stated that the time for the Fed to expand its asset scale again will not be too long. The standing repo facility can be used effectively without stigma and should be utilized when necessary. He also mentioned closely monitoring liquidity signals in the market.

[Canaan Technology Produced 92 Bitcoins in October, Total Holdings Reach 1,610 Bitcoins] Canaan Technology announced its Bitcoin production and mining operations for October 2025, producing 92 Bitcoins in October. As of the end of October, the company’s total holdings reached 1,610 Bitcoins and 3,950 Ethereum.