NEWS DAILY · Daily News
2026.10.29 Thursday

🧭 Crypto Market

1️⃣ Today's good news: the Fed kept interest rates unchanged at 3.75–4.00%. It feels like BTC has a shot at reaching $90K before the end of the year.

2️⃣ A security incident at a staking provider under Solflare affected validator keys, pausing the distribution of staking rewards on approximately 1.56 million SOL. Users' principal is safe (staked assets are in users' own accounts). The team is migrating to a new validator and has pledged compensation.

3️⃣ PEPE surged approximately 14–17% in a day, pushing its market cap past $2 billion. An address linked to Justin Sun is sitting on about $9.62 million in unrealized gains (it has been buying steadily for nearly 10 days, while tokens continue to leave exchanges), making PEPE one of the few large-cap meme coins to post double-digit gains alongside rising volume and price that day.

4️⃣ A Solana meme coin launch went wrong: during a livestream, @mikadontlouz mistakenly shared the private key to a wallet holding half the token supply, thinking it was the contract address. About $40,000 worth of tokens were immediately dumped, and the community called it “another classic live demonstration of a blunder.”

5️⃣ RLUSD launched on Coinbase and Robinhood and received a Moody's A2 rating during Ripple Swell, marking another step forward in institutional adoption of stablecoins.

📌 U.S. Stock Market

1⃣ The Fed kept rates unchanged at 3.75–4.00%. All three major indexes rose, with the Nasdaq up over 1%; after uncertainty was resolved, tech stocks continued their strong run.

2⃣ SK Hynix rose over 13% and Oracle gained over 10%. Institutions expect memory supply shortages to continue through 2030.

3⃣ NVIDIA and AMD took stakes in Meta and expanded their collaboration on the Muse series of models, giving Meta a dual boost in computing power and models ahead of its earnings report.

4⃣ Oracle led AI cloud stocks amid multiple catalysts (Cerebras/Vera Rubin); NVIDIA remained a heavyweight leader, the SOX index strengthened, and AI heavyweight stocks broadly performed well.

🌍 International Headlines

1⃣ The high-speed rail collision in Spain has killed 68 people. Dispatch recordings have surfaced, shedding light on what happened. Rescue and investigation efforts are ongoing.

2⃣ The date for trilateral talks between Russia, the U.S., and Ukraine is expected to be announced soon, following consultations among multiple parties and a renewed signal of substantive progress.

3⃣ The Foreign Ministry responded to the EU's trade defense instruments: China hopes the EU will respect the principles of a market economy and fair competition, avoid abusing trade remedies, and promote healthy and stable China-EU relations.

💻 IT · AI Technology

1⃣ NVIDIA and Meta are expanding their collaboration on the Muse series of models, while NVIDIA and AMD take stakes in Meta, further linking AI computing power with the model ecosystem.

2⃣ OpenAI launched GPT-6.1 Terra and plans to purchase Google's TPU chips, reducing its reliance on NVIDIA alone and intensifying competition among closed-source giants for computing power.

3⃣ Sequoia China and Unitree Robotics launched the “Shanyu · Venture Program,” accelerating the commercialization of embodied AI and robotics.

#Bitcoin #Ethereum #Solana #Crypto #AI
https://x.com/flyiiawei/status/2115620949836062946
Beginners should watch more and trade less. If buying crypto, buy only $BTC