This week, U.S. spot Bitcoin ETFs recorded a net outflow of $202.4 million, while IBIT alone saw a net inflow of $176.9 million.

According to data from the BIT Stock Platform, Intel closed down 28.58% on Friday, trading at $65.76, marking its worst single-day performance since the 1970s. The roughly 10% stake held by the U.S. government in Intel lost around $120 billion in value that day, though the investment remains profitable. Nvidia’s Intel stake also lost roughly $60 billion in value. Ahead of the earnings report, Intel’s stock had rallied around 150% year-to-date. On the earnings front, Intel projected fourth-quarter revenue of $15 billion to $16 billion, below the LSEG-consensus market estimate of $17.1 billion. Adjusted earnings per share were forecast at $0.25, missing the expected $0.43. Chief Financial Officer David Zinsner stated that the PC market slowdown will persist at least through the first half of 2027, with rising costs for memory and other components weighing on the industry. Additionally, an explosion at Intel’s Israeli wafer fab this month killed two people and critically injured one, forcing an extended shutdown that impacted shipments of 10-nanometer chips. Zinsner projected the accident would result in a total revenue loss of around $6 billion over two quarters. Foundry services remain a key part of Pat Gelsinger’s push to transform the company. Intel’s 18A chip has entered mass production at its new Arizona facility, though the new chip has no external customers yet. Gelsinger said two customers are expected to be announced over the next two quarters, and development of the 14A chip is also making significant progress. D.A. Davidson downgraded Intel’s rating from Buy to Neutral, noting that while the PC industry faces broad pressure, the weakness in its business has left current valuations unsustainable. Raymond James Chief Market Strategist Matt Orton argued that this is not a “moment of reckoning” for the AI sector, with fundamentals remaining strong, though investors need to reassess their still-crowded positions in the space.

StandX has released a statement announcing that the DUSD airdrop collection, originally scheduled to open at 08:00 Beijing time on November 1, has been delayed. The delay stems from Binance’s withdrawal service remaining suspended; StandX added that the airdrop will be made available once Binance restores its withdrawal services, to ensure the stability of the DUSD stablecoin.

According to an official announcement, Bitget will implement dynamic leverage management for 21 forex currency pairs including EURUSD (Euro/US Dollar) and USDJPY (US Dollar/Japanese Yen) starting November 1, with the maximum leverage increased to 2,000x. The platform will also adopt a tiered margin calculation mechanism, applying corresponding margin rates to positions within different exposure tiers. This adjustment further enriches CFD leverage configuration options, improves capital efficiency and strategy flexibility, and meets users' trading needs across various market environments.

Per an official announcement from Huobi HTX, Huobi Earn will launch the "Warm Winter Together" special campaign at 15:00 (UTC+8) on October 31. During the event, users who subscribe to 7-day fixed-term products of BTC, ETH, TRX, USDT, USDC, USDS, and USDD will enjoy a high 10% annualized subsidy, with a total subscription quota of up to $100 million, allocated on a first-come, first-served basis.

Well-known trader Doctor Profit wrote that although Bitcoin has fallen below the daily EMA50 and MA50 supports in the $80,000 to $81,000 range following the latest black swan event, it remains within its bullish fractal structure. He emphasized that $76,000 is a critical support level, as a breakout above this area previously confirmed the start of the bull market. A breach of $76,000 would severely undermine bullish sentiment and raise the risk of a drop to $67,000 to $69,000. As long as $76,000 holds, he sees no immediate need for panic. The trader frames the recent price action as a large-scale washout that triggered massive liquidations and panic selling, while maintaining his belief that the bull market will persist. He is still holding long positions opened at $80,400 and all spot buys made at $60,000. If Bitcoin breaks below $76,000, he will acknowledge his wrong long bet in the $80,000 to $81,000 range, but will not turn bearish, instead viewing the current movement as a consolidation phase ahead of the next rally.

According to monitoring by EmberCN, approximately 1.223 million SOL tokens (valued at around $117 million) were transferred to Coinbase Prime from a single deposit address two hours ago. At the time of the transfer, SOL was trading at roughly $95.55. The identity of the transferor and the specific purpose of the transaction remain unclear, and it is currently impossible to confirm whether the relevant SOL will be sold.