Odaily reports: Blockworks researcher Kunal Doshi posted on X platform that the gap between Pump.fun and the fomo app on mobile is rapidly narrowing. Currently, the former's trading volume has reached nearly 50% of fomo's, and the number of daily active traders is essentially on par as well. With the addition of perpetual contracts and gacha mechanics, Pump.fun's competitiveness as a one-stop trading application is steadily increasing.

Earlier reports indicated that Pump.fun was revealed to be paying a fixed fee of $30,000 per month to attract FOMO users to migrate to its app.

Odaily Report: According to ZachXBT monitoring, after the July 2025 security incident at Indian exchange CoinDCX, its deposit address TQKJQ was still used by a liquidity provider (LP) for 10 months. Until April and May 2026, this address was still consolidating user deposits to CoinDCX's current public hot wallet and receiving gas fees. Based on this, ZachXBT believes that the CoinDCX team has $15.8 million in user deposits untracked. CoinDCX previously responded that user funds are safe, the related claims are misleading, and the transactions involved came from old wallet addresses created in January 2025, which were compromised in July 2025.

Odaily reports that according to Gate data, the Euro Stoxx 50 (EUSTX50) has fallen to 6,100 points, currently at 6,098.61 points, with a 24-hour decline of 0.8%.

Odaily reports that predict.fun posted on X stating that Anthropic may report a net loss of $80 billion, but its likelihood of completing an IPO before year-end appears to be increasing. Prediction market data shows that Anthropic's probability of going public before 2027 rose overnight from 74% to 86%.

Odaily reports: JPMorgan strategists believe that market concerns over financing the AI buildout are overdone, and given that investors have already significantly reduced related positions, the recent selloff in AI-related stocks may gradually lose momentum.

The strategist team led by Nikolaos Panigirtzoglou wrote that investors' previous heavy bets on semiconductor stocks have largely been unwound, including those of hedge funds and trend-following investors. Their gauge of overall equity positioning has also fallen significantly from its mid-September peak, which may limit the scope for further declines.

Odaily: Publicly listed fintech company Alpha Modus has announced its first purchase of 3,170 BTC through a PIPE transaction, ranking 27th on the Bitcoin 100 list.

According to MSX.COM data, US cloud infrastructure companies' pre-market share prices fell, with Nebius (NBIS.O) down 5.6% and Coreweave (CRWV.O) down 5.2%.

Odaily reports: Market data shows that Hong Kong stocks closed with the Hang Seng Index down 3.03% and the Hang Seng Tech Index down 5.03%. Tech internet stocks, the semiconductor supply chain, and the biotech sector fell. Lenovo Group (00992.HK) dropped nearly 11%, Hua Hong Semiconductor (01347.HK) fell 9.5%, WuXi Biologics (02269.HK) declined 8.4%, and Alibaba (09988.HK) dropped over 6%.

Odaily: The XRP Ledger vulnerability fix patch saw validator support once drop to 26 out of 35, resetting the activation countdown and delaying its effective date to November. Support has now recovered to 31, but the two-week countdown needs to be recalculated, causing the patch to miss its originally scheduled activation window.

Odaily: According to MSX.COM data, in US pre-market trading, Tesla (TSLA.O) fell 5% after previously lowering its annual capital expenditure forecast; SpaceX (SPCX.O) fell 2.5%; IBM (IBM.N) fell 5.6%.

According to MSX.COM data, US chip stocks fell in pre-market trading, with Intel (INTC.O) down nearly 5% and Super Micro Computer (SMCI.O) down 4.8%.

Odaily reports: According to an official announcement, Gate's Futures Meme Zone has launched KIMCHI futures trading, trading bots, and copy trading features. The futures support 1x to 10x long and short positions.

It is reported that KIMCHI (Aura Final Boss) is a Meme coin issued on the SOL chain.

Odaily reports: According to monitoring by on-chain analyst Ai Yi, an address has been heavily long on XMR since August 9, with its position reaching a peak of 36,000 XMR. It closed out the position on October 20 for a profit of $3.441 million, with an opening price of $383.23 and a closing price of $513. Today XMR rose 12%, hitting a three-month high. Because the address closed its position two days early, it missed out on approximately $4.77 million in potential profits.

Odaily report: In response to a community user's evaluation of SpaceX and Tesla's earnings performance, giving them an A+ and an F- respectively, Musk responded: "Fair enough, we'll make the earnings more worth watching next time."

In addition, Musk also responded to SpaceX's computing power deployment plans for next year. Investor Brad Gerstner revealed that SpaceX plans to deploy about 25% of the new computing power in the United States next year, corresponding to related computing power infrastructure construction that may require raising about $400 billion in funding. Musk stated that SpaceX is expected to achieve more than 10 gigawatts of computing power deployment next year.