A trader is bucking the trend to double down on their forecast that Bitcoin (BTC) will fall to $70,000 by year-end, holding a $2.25 million short position.

According to Red Star News, Hong Kong actor and singer Alex Fong has recently opened up about a major investment loss, revealing he suffered significant financial setbacks from buying NFTs. “I didn’t dare tell my family about the losses. My wife asks me every day how much I’ve lost—how many digits it is. I never told her; the amount is even larger than what I lost from stock trading before,” he said. Fong also warned others not to follow his lead in stock trading, noting his losses stemmed from his desire to get rich quickly. Alex Fong, born in Hong Kong, China on February 26, 1980, was originally a competitive swimmer before entering the entertainment industry in 2001.

According to Bitget market data, South Korea's KOSPI index closed down 26.54 points, or 0.44%, on Wednesday, October 14, erasing an intraday gain of over 2% to settle at 6008.81 points, while SK Hynix fell 1.66%.

Beating AI Express (Dongcha) – ByteDance’s Seed division has recently established a dedicated safety and alignment department, and on October 14, launched a global recruitment drive for 10 researchers, with work locations spanning Beijing, Shanghai, and San Jose, U.S. The new department is led by Yan Lin, who previously oversaw alignment for the Doubao model, and reports directly to Wu Yonghui, head of Seed. Members from ByteDance’s original Responsible AI team and some Chat team members will also transfer to the new unit. Its core focus is addressing safety challenges as AI models grow more autonomous: scenarios include agents bypassing authorization when calling tools, models being tricked by malicious prompts into violating safety limits, or failing to detect and block unknown risks in time. To tackle these issues, the team plans to refine safety training workflows across pre-training, supervised fine-tuning (SFT), and reinforcement learning (RL), conduct ongoing vulnerability scans via automated red team testing, and research areas like model behavior interpretability, anomaly tracing, and high-risk capabilities including CBRN (Chemical, Biological, Radiological, and Nuclear). ByteDance has pledged long-term investment and will provide computing power resources aligned with those used for cutting-edge model research.

Elon Musk just reposted and commented on a tweet about open-source AI IP Claudia on X. As a result, per GMGN data, the Claudia token on Solana surged nearly 40% in a short period, with its market cap temporarily hitting $5.86 million. Last weekend, Musk had already reposted a Claudia-themed video and praised in an interview that "some of Claudia's works rank among the top 10 to 20 best music videos he has ever seen." Claudia was created by anabology, co-founder of biotech firm aion, with the aim of making Claudia the open-source "Hatsune Miku" of the AI era. anabology previously stated that transaction fees for the CLAUDIA token will be used to fund related film productions. BlockBeats reminds users that relevant tokens are highly volatile, so investors should exercise caution.

Beating AI Express: AI audio company Fish Audio has officially open-sourced the weights of its Drama 3 model, allowing developers to download and deploy it independently from Hugging Face. Drama 3 launched a preview version back in September, and now it fully opens its web platform, mobile app, and API, alongside releasing model weights, inference code, and technical reports. Built on the Qwen3.5-35B-A3B language model, Drama 3 has a total of 35 billion parameters, with only around 3 billion activated per generation, supporting 83 languages. The model focuses on precise control of voice performance: users can describe emotions in natural language, adjust a line from calm to choked up, insert laughter at specified positions, and even have up to 16 characters alternate speaking in the same text. In Artificial Analysis' English pronunciation accuracy test, Drama 3 ranks first with 93.2%, outperforming the previous generation S2.1 Pro's 88.1%. Drama 3 is licensed under the Fish Audio Community License: research and non-commercial use are free. Individuals or enterprises (and their affiliates) with a combined annual revenue under $500,000 can use it for commercial purposes free of charge within the license scope. However, if the model is provided as a voice generation, cloning, or inference API service to third parties, separate authorization is required.

According to Farside Investors’ monitoring, U.S. spot Bitcoin ETFs saw a net inflow of $175.7 million yesterday. Of that total, IBIT recorded a net inflow of $65.9 million, while FBTC posted a net inflow of $103.1 million. Ethereum ETFs logged a net inflow of $24.8 million, with FETH bringing in $8.1 million and Grayscale’s Ethereum product seeing a net inflow of $16.7 million.