Bitcoin shorts face liquidation pressure, as Trump pledges not to strike Iran ahead of the midterm elections.

Telegram has released version 13.0, bringing interface adjustments, updated connection methods, and optimized video messaging. Despite the update covering multiple functional changes, Telegram has categorized it as "bug fixes and minor improvements", with a detailed update announcement yet to be posted on its official blog. On the wallet front, the former Telegram Wallet service has been renamed Walt, removed from Telegram settings, and is now accessed via the mini-program interface. The update also added support for web proxies, allowing users to establish secure connections through an alternative method; a new pause button has been added during AI bot replies, and users can now report mini-programs that violate platform rules. Other changes include: Android video message resolution upgraded from 384×384 to 480×480 at 30 FPS; the search button removed from the bottom navigation bar; and Liquid Glass visual effects for iOS 27 optimized. Additionally, Telegram is expected to launch a new crypto wallet, Gram Wallet, though the service is not yet open to users. Telegram 13.0 has also raised the minimum supported operating system version to iOS 15, so devices running iOS 13 or iOS 14 will be unable to install the update. The version is now available for download via the Apple App Store, Google Play, and Telegram’s official website.

According to EmberCN’s monitoring, as Bitcoin (BTC) rallied past $83,000, well-known trader AguilaTrades’ short position was just forced to stop loss, incurring an additional loss of roughly $250,000. AguilaTrades had not publicly opened any trading positions for 14 months prior, but has suffered consecutive losses since returning: he opened a long position yesterday, losing around $300,000; he then reversed to a short position, only to be stopped out near the low as BTC rallied, adding another ~$250,000 in losses. It is reported that his $700,000 principal has shrunk to approximately $150,000 in a single day, pushing his total cumulative losses to about $38.16 million.

According to foreign media reports, several of Wall Street’s largest banks are expected to disclose combined third-quarter stock trading revenue of nearly $19 billion when they release their earnings reports next week. However, as capital market activity cools, performance gaps between the banks are gradually emerging, with some institutions outperforming competitors significantly. This marks a sharp contrast to the first half of this year, when nearly all of the U.S.’ five major banks benefited from a trading boom, with their equities and fixed income trading divisions remaining busy. Based on analyst estimates compiled as of Thursday’s New York market close, Goldman Sachs Group, set to release its earnings report next Tuesday, is projected to rank first among major banks with $5.1 billion in Q3 stock trading revenue. Morgan Stanley is expected to follow closely, with stock trading revenue of $4.9 billion; JPMorgan Chase is forecast to generate $4.5 billion; and Bank of America’s stock trading division is projected to deliver $2.6 billion in revenue. (Jinshi)

According to EmberCN’s monitoring, Hyperliquid’s largest long trader currently holds a long position worth approximately $320 million across 10 addresses, with an unrealized profit of around $8.77 million. The position mainly consists of 1,400 BTC and 82,000 ETH, with the average entry price for the BTC long at $75,967 and the average entry price for the ETH long at $2,493. The trader has primarily profited from long positions in BTC and ETH, and has accumulated around $116.7 million in total profits from multiple long trades so far this year.

Bank of America strategist Michael Hartnett said that in the week ending Oct. 7, money market funds drew $166.4 billion in inflows, marking the largest weekly inflow since April 2020. Over the same period, bond funds and stock funds saw inflows of $33.8 billion and $12.4 billion respectively, indicating investors are significantly increasing their allocations to cash-like assets. Hartnett noted that the current high-interest rate environment makes cash itself highly attractive in terms of returns, so the massive size of money market funds can no longer be simply viewed as "dry powder" for the stock market waiting to enter. He summarized the current capital flow logic as "No rate cuts, no reduction in cash", arguing that only when the Federal Reserve launches sustained and significant monetary easing is it more likely to drive large-scale capital outflows from cash-like assets. Recently, U.S. 10-year and 30-year Treasury yields have continued to climb, and the Fed raised the federal funds rate target range to 3.75%-4.00% in September. Against the backdrop of sustained high cash yields and recovering bond appeal, the stock market is facing dual competition from cash and fixed-income assets. Hartnett also cited the Nov. 3 U.S. midterm elections as a key event that could trigger major stock market volatility this year, and warned investors to watch for risks including deteriorating breadth in the U.S. stock market and rising long-term Treasury yields.

According to U.S. media reports, U.S. Treasury Secretary Scott Bessent said the Trump administration is escalating its "maximum pressure" campaign against Iran to an "absolute isolation" operation. Beyond financial sanctions, the U.S. will further restrict Iran’s access to international markets, transportation networks, and financial resources via measures including maritime blockades, aviation restrictions, and cutting off land routes. Bessent revealed in an interview at the Newsmax NPolicy Summit in Washington on Thursday that the U.S. government "may seize approximately $1 billion worth of crypto assets this week," noting authorities have located the assets and are taking steps to isolate them. He added that the U.S. is cooperating with the United Arab Emirates and Oman, and coordinating with Pakistan and Turkey, to cut off Iran’s land transport routes. The administration’s stated goal is to fully block Iran’s oil exports and restrict international travel by Iranian officials and individuals affiliated with the regime. To date, the report has not disclosed the specific crypto assets involved in the seizure, wallet addresses, implementing agencies, or legal basis for the action, and it remains unclear whether the operation has been formally executed.