In September, DEX spot trading volume was approximately 26% of CEX spot trading volume, while 86% of RWA perpetual contracts were traded on-chain.

Morgan Stanley released its third-quarter financial results, reporting net revenue of $20.34 billion, exceeding the consensus estimate of $19.89 billion. The firm posted earnings per share of $3.03 for the quarter, while net interest income came in at $3.25 billion, beating the forecast of $2.78 billion.

Qivalis, an alliance backed by 37 major European banks, has secured an electronic money institution (EMI) license from De Nederlandsche Bank (DNB, the Dutch central bank), bringing it closer to issuing euro-denominated electronic money tokens (EMT), a regulated stablecoin format. The firm still needs to fulfill remaining requirements under the EU’s Markets in Crypto-Assets (MiCA) regulation, including publishing a whitepaper, and plans to distribute the tokens via banks, crypto exchanges, and payment service providers over the coming months rather than directly to consumers. Under the EU MiCA framework, EMTs must be pegged to a single fiat currency, issued by authorized credit institutions or EMIs, redeemable at par at any time, and non-interest bearing. Since its launch in September 2025, the Qivalis alliance has expanded to include 37 European banks including BBVA, BNP Paribas, ING, and DZ Bank, and has selected Fireblocks to provide digital asset infrastructure.

Dongcha Beating AI News Flash: Finding files on Mac typically requires remembering names or keywords. If you only recall a zebra appearing in a video segment, or a podcast episode discussing sleep, traditional file search tools are of little help. Independent developer Abdur Rahim’s open-source tool DigUp solves this by enabling direct content-based file searches. Type in "zebra in video" and it will jump to the exact frame where the zebra appears; search for "segment discussing sleep" and it will pinpoint the relevant timestamp in the podcast. It can also search photos, PDFs, and even open the exact page of a specific clause in a contract. DigUp leverages Google DeepMind’s EmbeddingGemma 2 model, released on October 6. This model converts text, images, audio, and video into comparable numerical features, allowing users to find corresponding visuals or audio based on a text description. DigUp pre-indexes selected folders, and during searches, it can also precisely match details like invoice numbers and error codes. All indexing and search processes run locally on Mac, eliminating the need to upload private files to the cloud. Free and open-source, DigUp has earned over 3,000 GitHub stars in less than a week since its launch. It currently only supports Macs with Apple’s custom silicon, requiring macOS 14 or later. First-time use requires downloading an approximately 865 MB model and spending time building the index.

According to TradingBeats' monitoring, at least 14 accounts (with positions exceeding $100,000) opened new U.S. stock positions in the afternoon session. Among these, 12 accounts opened long positions totaling approximately $3.2081 million, while the other 2 accounts opened short positions totaling around $725,500. The new long positions are concentrated in the storage sector. Micron Technology (MU), SanDisk (SNDK), and SK Hynix (SKHY) accounted for about $2.6695 million in new long positions, making up roughly 83.2% of the total long position volume in this round. Specifically, Micron attracted 5 accounts to open new long positions, totaling approximately $1.384 million, with a volume-weighted average price of $947.99. SanDisk saw 2 accounts opening long positions totaling around $678,200, at a weighted average price of $1,455.36. SK Hynix had 1 new long account buying about $607,300. Short positions also centered on semiconductors and storage: one account opened a new short position of roughly $379,000 in SOXL in the afternoon, then closed it entirely; another account opened short positions of approximately $181,100 in SanDisk and $165,300 in Micron respectively. The remaining new long positions are distributed across Applied Materials (AMAT), Microsoft (MSFT), Nebius (NBIS), Broadcom (AVGO), and the Korean stock leverage ETF (KORU), with total position amounts of about $118,700, $103,900, $102,600, $103,300, and $110,100 respectively. Positions in Broadcom and KORU have since been exited.

Galaxy Research Head of Research Alex Thorn noted in a recent post that despite the growth of institutional and centralized Bitcoin holdings in recent years, more than half of the cryptocurrency’s supply remains in addresses with unknown ownership. He argues that a significant portion, possibly even the majority, of Bitcoin is still held by individuals via self-custody. Per Galaxy Research’s supply attribution map, based on block height 971,382 and an unspent Bitcoin supply of roughly 20.098 million BTC, "unattributed" addresses account for 55.1% (about 11.1 million BTC). Among attributed holdings, exchanges make up 17.9%, ETFs and funds 6.0%, Patoshi (linked to Satoshi Nakamoto’s early mining patterns) 5.6%, followed by custodial institutions, miners, and corporations, among others. Top attributed holders include Coinbase, BlackRock’s IBIT, Binance, Fidelity Custody, and Strategy.

According to TradingBeats' monitoring, Houthi forces have recently carried out continuous attacks on key Saudi facilities. This morning, Saudi Aramco's headquarters complex in Dhahran was hit by a missile, triggering a limited fire in an administrative building, with no casualties reported. The complex hosts a critical operations center responsible for coordinating Saudi oil fields, pipelines, refineries, and export facilities. Meanwhile, transportation risks in the Strait of Hormuz have been escalating recently. The UK Maritime Trade Operations (UKMTO) confirmed that an oil tanker and a container ship were each struck by unidentified projectiles; the incidents remain under investigation, and market concerns over tightening crude oil supplies have intensified. Per TradingBeats' data, as of 18:00 Beijing time, WTIOIL on Hyperliquid traded at approximately $94.24, rising around 1.2% following the news release and about 3.4% higher than the same time the previous day. Its 24-hour trading volume reached roughly $136 million, with a day-over-day increase of around 16.2%.