believe

According to Cointelegraph, the market believes there is a 100% probability that the Federal Reserve will raise interest rates in December. CME FedWatch data shows a 90.8% probability of a 25 basis point increase and a 9.2% probability of a 50 basis point increase. The total of these two probabilities adds up to 100%, corresponding to the market's pricing outcome for the interest rate hike in December.

At a White House press conference, U.S. President Trump once again discussed the infidelity incident involving Jensen Huang, the founder and CEO of NVIDIA. Trump stated that he was shocked when he first heard about it, believing that Huang is a very high-quality person and that he is undoubtedly going through immense pain.On November 8 local time, Huang admitted to being unfaithful in a letter to his employees, stating that his actions hurt his wife and children, with no excuses, and he is willing to take full responsibility and accept criticism. Trump mentioned this matter during an interview with reporters before returning to Washington on the 8th, saying that he had not spoken to Huang about it, only knowing that he is a good person, but no one can say for sure what the situation really is.

In response to the sharp decline in U.S. stocks yesterday, most traders and analysts on Wall Street believe that the main reason is not a deterioration in fundamentals, but rather the liquidation by hedge funds. Noel Smith, Co-Chief Investment Officer of Kai Asset Management, stated: "It is extremely rare to see such a decline without significant market news. It smells like liquidation."In addition to the report last night by Bloomberg that multi-strategy hedge fund Walleye Capital will streamline its internal long-short equity business, the market generally expects several funds to be undergoing complete liquidation, or that the pods (independent investment teams) within multi-strategy funds are being forced to close positions or liquidate.According to a list released this morning by the well-known financial research community Special Situations, several hedge funds are facing difficulties, including Axebrook, Walleye, Engineers Gate, Lone Pine, Millennium internal pod, Verition pod, and Samlyn, mainly involving large redemptions, shutting down internal teams, or changing PMs.It is worth mentioning that during the major turbulence in the U.S. stock market in July this year, the AI hedge fund Situational Awareness also encountered a similar incident, with fund assets shrinking by 67%, and subsequently reached an emergency exit deal with Citadel, selling most of its publicly traded stock holdings at a discount.

Citrini analyst Jukan commented on social media regarding the "Marvell acquisition of Lumentum" event, stating that the only explanation for Lumentum's management accepting this deal is their lack of confidence in the current AI development cycle. They believe the market will collapse within two to three years.

Renowned trader Doctor Profit stated that although Bitcoin has lost the daily EMA50 and MA50 support in the $80,000 to $81,000 range after this black swan event, it is still within its bullish fractal structure. He emphasized that $76,000 is a key support level, as breaking through this area previously confirmed the start of a bull market. If it falls below this level, it would severely impact the bulls and pose a higher risk of dropping to the $67,000 to $69,000 range; as long as it holds above $76,000, he believes there is no need to panic for now.He views the recent market action as a large-scale washout that triggered significant liquidations and panic selling, and he still believes the bull market will continue. He stated that he is still holding long positions opened at $80,400 and all spot purchases made at $60,000. If it breaks below $76,000, he will acknowledge that his bullish judgment in the $80,000 to $81,000 range was incorrect, but he will not turn bearish; he still sees the current trend as a cleansing before the next round of upward movement.

Zhao Changpeng posted on platform X in response to discussions related to SPCX stock, stating that he has never indicated a desire to sell SPCX stock. The previous mention of holding the stock was because related posts compared Binance to FTX, which might lead outsiders to mistakenly believe that Binance lacks funds. What he actually wanted to express is that Binance holds other assets in addition to cryptocurrency assets.Zhao Changpeng also stated that the scale of the relevant assets held by Binance is merely a drop in the ocean for the counterpart and cannot pose a threat. He mentioned that SPCX will still be a quality stock worth holding long-term for a long time to come. He simultaneously urged the public not to describe this matter as a confrontation and that there is no need to deliberately create divisions.Previously, Zhao Changpeng responded to Musk's comments about Binance being hacked, stating: "I have great respect for you, but now is not the time for jokes. Our SPCX stock (from our $500 million investment in your acquisition of Twitter) is now worth over a billion dollars. I would greatly appreciate it if you could show a bit of support."

The whale "Set ten major goals first" updated its Bitcoin market views and position operations on the X platform. He stated that he previously believed the BTC price would struggle to break below the $78,000 mark, but the actual price has remained above $79,000 until it fell below that level after a recent black swan event.He had previously closed about two-thirds of his long positions near $76,000 to guard against similar extreme market conditions occurring again. After observing the market stabilize over the past two days, he has re-entered full long positions in the $76,000 to $78,000 range, with his core judgment unchanged, still believing that $58,000 is the bottom of this cycle for BTC.He further pointed out that the bottom of the first phase of this bull market may be around $118,000, while the target for the second round of increases is double that of $78,000, which is about $150,000, and he expects BTC to reach $120,000 within this year.

Liquid Capital founder Yi Lihua stated that investing and trading test patience the most. At that time, when ETH was fluctuating around 3000 USD, it was easy to get tempted to buy in halfway.Recently, since Bitcoin's pullback from 86,000 USD, it has also been in a long period of fluctuation. It is very important to control oneself, and I believe there will be great opportunities for bottom fishing ahead. The benefits of the crypto industry have already passed; only through true understanding and mental effort can one achieve excess returns.

AI startup Tavus released a new model called Griffin on October 1, referring to it as the first "human interaction model" that can understand and generate face-to-face conversations, paying attention not only to wording but also to expressions and pauses. Tavus stated that in tests, after a one-minute video call with Griffin-Lite, 26 out of 54 participants (48%) believed the other party was a real person; its previous generation system only convinced 1 out of 41 participants.Participants were told they would have a one-minute video call with another person to discuss things they were looking forward to this year, and only at the end of the call were they asked if they suspected the other party was not a real person. Tavus noted that those who became suspicious typically noticed within 20 seconds. This result comes from Tavus's own research page, where participants were recruited through a channel they call an independent research platform. Community comments on X pointed out that these results have not been independently verified and do not meet standard protocols.In the NVIDIA VideoFDB benchmark, Tavus claimed Griffin-Lite ranked first, with a generation dimension score of 3.83, the next best system scoring 2.8, and human reference scoring 3.92; the perception dimension score was 3.73, with the strongest baseline at 3.44 and human reference at 4.2. Tavus stated that NVIDIA independently conducted this evaluation. Griffin supports full duplex, allowing it to listen, see, and speak simultaneously, with an average audio-video delay of 0.43 seconds on the NVIDIA H100 chip. Tavus completed a $40 million Series B funding round led by CRV in November 2025.

Writer and author of "The Price of Tomorrow," Jeff Booth, stated in a video interview with Bitcoin Magazine that the price target of $1 million for Bitcoin is "thinking too small." He believes that pricing Bitcoin in a constantly depreciating fiat currency is equivalent to valuing it within a system manipulated by currency devaluation, making such a target invalid. In his view, Bitcoin is not just a token or an asset, but the beginning of a decentralized, secure, and privacy-focused protocol stack, which will ultimately resemble the internet, and it is also the first true free market in human history.In the interview, Booth also discussed AI valuation and technological deflation. He believes that a free market will drive the prices of AI services toward zero, and this deflationary force brought by AI will conflict with a monetary system built on debt. He mentioned the United States' debt of up to $40 trillion, bond yields, and a financial system that is approximately $350 trillion in size and essentially insolvent, linking AI singularity theory, market fear, and monopolistic regulation.In the longer-term section, Booth talked about the adoption timeline of Bitcoin and emphasized that Bitcoin is not just an asset. He also discussed the global expansion of Bitcoin payments and the circular economy, as well as ideas such as private equity supported by Bitcoin and permanently held enterprises, outlining a deflationary future priced in Bitcoin.

The whale "First set 10 big goals" posted on social media, stating, "I mentioned at the beginning of the month that if BTC stabilizes at 80,000 USD, it will aim for 100,000 USD, the last opportunity to board."

The White House spokesperson stated that the Federal Reserve's interest rate hike is "quite regrettable." Higher rates will not change oil prices.U.S. President Trump still believes in the independence of the Federal Reserve.

White House economic advisor Hassett stated, "Both Trump and I believe there is no reason to raise interest rates, and it is important for the Federal Reserve to maintain the status quo before the election. Trump fully respects Waller's independence."