BlockBeats News, Oct. 23: Mike McGlone, senior commodity strategist at Bloomberg Intelligence, wrote that since the start of 2026, assets including U.S. natural gas, Bitcoin, gold, silver, platinum, palladium, lead, nickel, and iron ore have all followed a “rise first, then fall” trend, which could spread further through the end of the year.
McGlone pointed out that U.S. stocks need to remain resilient to prevent the risk of a market downturn from spreading further.
BlockBeats News, October 23: According to an official announcement, Ethena’s synthetic dollar USDe has been natively deployed on X Layer. Users can now hold and trade USDe within the X Layer ecosystem. This deployment will further expand the use cases for stablecoin assets in the X Layer ecosystem and lay the groundwork for greater composability in future DeFi applications, providing more asset options for on-chain trading, liquidity, and yield strategies.
OKX Wallet is expected to support USDe staking in the future and add USDe to its existing Loop Earn feature, allowing users to participate in related on-chain strategies with one tap.
Peskov: Russia-U.S.-Ukraine talks to begin in the first half of November; Russia has begun supplying diesel to the U.S.
BlockBeats News, Oct. 23: Russian presidential press secretary Dmitry Peskov said that Russia, the United States and Ukraine will begin talks on security guarantees for Russia and Ukraine in Abu Dhabi in the first half of November. The format of the trilateral talks is currently under discussion, but European participation has not been ruled out. Peskov also confirmed that Russia has sent its first tanker carrying diesel to the United States. Under an agreement reached between Russia and the United States, Russian diesel supplies to the U.S. have begun and will continue at a steady pace. Russian President Vladimir Putin and U.S. President Donald Trump spoke by phone on the 9th and agreed that Russia would supply diesel to the United States and global markets. On the 10th, the Russian government announced a partial lifting of the diesel export ban, allowing 500,000 tonnes of diesel to be supplied to global markets for now. Rosneft will sign diesel supply contracts with foreign trading partners under government coordination. (CCTV News)
7 Addresses Place $42 Million in BTC Sell Orders Today, Concentrated in the $83,400–$85,000 Range
BlockBeats News, Oct. 23 — According to TradingBeats monitoring, BTC is currently trading at around $81,850. Today, 7 key addresses on Hyperliquid placed 90 limit sell orders concentrated between $83,400 and $85,112, totaling approximately 510.22 BTC, with a notional value of about $42.896 million. The orders are just 1.9%–4.0% above the current price. These sell orders are primarily longs arranging in advance to take profits. Among them: A $30.846 million “reduce-only” sell order: from 5 long addresses, intended to reduce existing long positions after a price rise. At $83,583, a $5.349 million regular sell order: plans to sell 64 BTC. The account holds a 124 BTC long position; if the position remains unchanged, execution would reduce it by approximately 51.6%.
BlockBeats News, October 23: The MGBX platform has launched an exclusive promotion for new users, open to eligible newcomers. During the promotion, users can claim welcome rewards by completing tasks such as registration, identity verification, deposits, and contract trading. They can also unlock the chance to earn higher rewards by completing tiered trading growth tasks, with a maximum of 30,000 USDT per user.
BlockBeats News, Oct. 23: According to HTX market data, ETH has fallen below $2,400 and is currently trading at $2,398.19, down 0.08% over the past 24 hours.
BlockBeats News, October 23: Web3 collectible toy project Capybobo released a preview video yesterday, outlining its vision for AI-generated interactive games. The project aims to transform children’s educational experiences through personalized gameplay and extend the companionship of in-game characters into physical collectible toys.
According to the project’s concept, AI will generate different storylines based on each player’s interactions, bringing learning into the gameplay. The same capybara character will have different adventures with different players. These experiences will become each character’s own memories, gradually shaping its unique personality.
The characters’ memories and personalities will also carry over to their corresponding physical IP toys, bringing the companionship found in the game into the real world. Each toy will hold stories shared with its user and have a “soul” of its own.
BlockBeats news, Oct. 23: Futu Securities International (Hong Kong) Limited, a subsidiary of Futu Holdings, announced that it has opened BNB deposit and withdrawal services to eligible professional investors (PIs) in Hong Kong. Eligible professional investors can now deposit BNB from self-custody wallets into their Futu Crypto accounts, or withdraw BNB to verified whitelisted addresses via the BNB Smart Chain (BEP20) network.
Previously, PantherTrade, a Hong Kong SFC-licensed virtual asset trading platform wholly owned by Futu, listed BNB and began offering BNB trading pairs to eligible professional investors in Hong Kong.
Sweden’s central bank calls for a fresh assessment of the e-krona, warning that stablecoins and the digital euro could undermine the krona’s role in payments
BlockBeats reports, Oct. 23, that Sweden’s central bank is urging lawmakers to reassess the need to issue an electronic krona (e-krona), warning that the Swedish krona’s role in the payment system could face long-term pressure as foreign-currency stablecoins and the digital euro develop. Riksbank Deputy Governor Per Jansson said that if cash becomes further digitized while the Swedish krona lacks a convenient digital form, the domestic currency may struggle to compete with digital payment tools that can be used across borders. Although the central bank has not yet decided whether to formally issue an e-krona, it hopes preparations will begin at the legislative level as soon as possible, since the necessary institutional and technical work is expected to take at least five years.
BlockBeats News, October 23: Data from prediction market platform Predict.fun shows that the 2026 League of Legends World Championship group-stage match between Gen.G and IG will begin at 01:00 Beijing time on October 24. The match will be a BO1, and the market currently gives Gen.G a 78% chance of winning and IG a 22% chance.
Note: Prediction market odds may change in real time as trades are made. Please refer to the platform for the latest odds.
BlockBeats News, October 23: According to monitoring by Onchain Lens, trader Boomer currently holds short positions worth approximately $30.55 million on Hyperliquid, including a HYPE short position with a notional value of approximately $2.53 million. The position is currently showing an unrealized loss of approximately $39,700.
Data shows that Boomer’s overall unrealized P&L is currently around +$129,800. He has accumulated losses of approximately $2.11 million over the past 30 days, while his all-time cumulative profit stands at approximately $22.58 million. Whether he is betting on a further market decline cannot be confirmed based solely on his current short positions.
BlockBeats News, October 23: CryptoQuant analyst Darkfost said in a post that Brent crude prices have remained above $100 per barrel amid ongoing tensions in the Gulf region and intensified Ukrainian attacks on Russian refineries. Rising oil prices are feeding through to the global economy, driving up the costs of production, services, and commodities. This is allowing inflationary pressures to permeate the economy further and could increase the risk of an economic slowdown, thereby limiting market liquidity—especially funds flowing into high-risk assets such as Bitcoin. Darkfost noted that, over the long term, when Brent crude remains above its annual average and enters a strong uptrend, BTC tends to lose momentum. Conversely, when oil prices fall sharply, BTC is more likely to recover. He emphasized, however, that this does not mean there is a simple, direct causal relationship between oil prices and BTC. What truly affects risk assets is the macroeconomic environment that accompanies high oil prices. Oil prices briefly fell in July this year, giving BTC an opportunity to rise, but Brent crude has since rebounded significantly. Although funds may still rotate between different markets and help BTC continue its rally, the current macroeconomic environment is not conducive to a sustained inflow of new liquidity into the market.
Bitunix Analyst: Treasury Rally Fails to Mask Supply-Demand Pressures as AI Selloff Triggers Global Asset Repricing
BlockBeats News, October 23: Global financial markets saw a rare divergence across asset classes. As tech stocks came under selling pressure, funds flowed into U.S. Treasuries. The 10-year Treasury yield fell 19.3 basis points in a single day to 4.952%, its biggest drop since March 2023, while the 2-year Treasury yield also fell 18.8 basis points. Rising concerns over the situation in the Middle East, French fiscal risks, and returns on AI investments prompted investors to reduce risk exposure. Short covering in bonds may also have amplified the rally, but this is not enough to show that markets have fully shifted to pricing in a recession.
XMR Follows ZEC in Defying the Trend: How Smart Money Is Playing It
BlockBeats news, October 23: Global stocks and crypto markets have been sluggish this week, but veteran privacy coin Monero has bucked the trend, posting a 9.4% weekly gain. There has been no major positive news surrounding Monero. The spark behind XMR’s rally may have been a prediction posted by renowned trader and chart analyst Peter Brandt. On Wednesday, he said, “Monero’s current chart pattern looks very similar to silver’s before its sharp rise to $125. A comparable large-scale rally may be brewing.” Beyond the improving technical picture, how does smart money view Monero’s potential for a major rally? BlockBeats breaks it down below:
Meta Shares Plunge 7%: Why Is Goldman Sachs Raising Its Price Target? Growth and Risks Behind $230 Billion in AI Investment
Summary: Advertising revenue continues to grow, and AI monetization is beginning to show results, but massive capital expenditures remain the market’s biggest concern. Editor’s note: Meta’s latest earnings report highlights a central tension in Big Tech’s AI investments: artificial intelligence is beginning to generate revenue for existing businesses, but the investment needed to build the next generation of AI infrastructure still far outpaces the realization of profits from new businesses. On October 22, Goldman Sachs published a review of Meta’s third-quarter results (Q3'26 Review: Core Advertising Momentum Builds), maintained its “Buy” rating on Meta, and raised its 12-month price target from $860 to $885.
A collaboration between Pump.fun and Kimchi—why did it end up looking like a scam?
Original title: (A collaboration between Pump.fun and Kimchi—why did it end up looking like a scam?) Original author: BlockBeats | We're hiring! Early morning, October 20, 2026. A wallet with a lifespan of just three hours minted a coin on pump.fun. It was called Kimchi, In its first transaction, it spent 87 SOL, or about $9,073, to buy 793 million tokens—79.3% of the total supply. At the 40-second mark, three addresses started buying. Less than a minute after the token was launched, pump.fun’s official account posted three images. There was no text, just billboards on New York streets reading: PILL YOUR FRIENDS, be the next kimchi.
BlockBeats News, Oct. 23: Bridgewater’s China business unit told investors that the firm had become less bullish on gold. In a letter to investors in September, the Shanghai-based hedge fund said it had gradually reduced its previously overweight position in gold.
The reason is that rising interest rates have increased the opportunity cost of holding gold, while higher oil prices have dampened demand from energy-importing countries such as India. (Jinshi)
HTX Research’s Latest Report on the Midterms and Crypto Markets: Elections Shift Policy Expectations, While Macroeconomics and Capital Flows Set the Market’s Ceiling
Source: HTX Research Recently, HTX Research, the research arm of Huobi HTX, published its latest report, “Outlook for the Crypto Market Around the 2026 U.S. Midterm Elections,” analyzing how the upcoming midterms could affect the pace of crypto legislation, regulatory intensity, and asset pricing. The report suggests that the midterms may reshape policy expectations over the next two years, but that short-term prices will still be driven by inflation, financing costs, and capital flows. From the run-up to the election through its immediate aftermath, the market is more likely to see heightened volatility, repeated repricing, and divergence among assets, making a sustained rally based on a single political narrative unlikely.
BlockBeats News, October 23: Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, said that Hong Kong’s progress in “tokenization” is moving from the “experimental stage” to the “implementation stage.” Hong Kong is currently home to more than 1,400 fintech companies, including 8 virtual banks, 4 virtual insurers, and 12 licensed virtual asset trading platforms, and has made strong progress in advancing “tokenization.”
Hui said that HKEX is working to launch a pilot tokenized warehouse receipt financing program next year. In partnership with designated banks, the project will use distributed ledger technology to enable commodity warehouse receipts to be used as collateral. HKEX is also building a multi-asset tokenization platform that will include commodity warehouse receipts from approved warehouses.
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