bullish

Telegram founder and CEO Pavel Durov stated that despite the recent general decline in the cryptocurrency market, GRAM has still risen against the trend. He believes that GRAM is the only cryptocurrency that has truly integrated into a large social ecosystem and is currently severely undervalued.Durov mentioned that GRAM should rank among the top three in the CoinMarketCap cryptocurrency market capitalization list and is confident that this goal can be achieved in the future. He revealed that over the past 48 hours, more than 1 million self-custody wallets for Gram have been activated on the Telegram platform, and GRAM has risen approximately 14% in the 24 hours prior to his post.

Cathie Wood's investment firm Ark Invest reduced its holdings in Block, Bullish, and its own Bitcoin ETF on Monday, while increasing its positions in SoFi Technologies and Nvidia stocks. According to Ark's latest trading disclosure, it sold 68,997 shares of Block, founded by Jack Dorsey, worth $6.1 million; and sold 49,767 shares of Bullish, worth $1.1 million. On the same day, Block's stock price rose 3.6%, closing at $88.56; Bullish increased by 7%, closing at $22.8.Ark also reduced its holdings in its own Ark 21Shares Bitcoin ETF (ARKB) by $1.6 million. The fund has a net asset size of $2.15 billion and recorded a net outflow of $9.9 million on Monday, which is part of the total net outflow of $201.1 million for U.S. spot Bitcoin ETFs on that day. Meanwhile, Ark purchased $6.8 million worth of SoFi Technologies stock and $16.2 million worth of Nvidia stock.SoFi's stock price rose 3.33% to $16.75 on Monday. The company's latest financial report showed that as of the end of September, it had 503,000 crypto products, with gross revenue from crypto trading increasing by 20% quarter-over-quarter to $161.6 million; last month, SoFi also launched an interest-bearing tokenized deposit product called SoFi Earn. Nvidia's stock fell 4.27% to $178.67 on Monday, after the company stated that its board is investigating the relationship between CEO Jensen Huang and a woman identified by intelligence officials as a Chinese spy. Ark regularly adjusts ETF weights to keep individual stock holdings within 10% of the fund's portfolio.

Santiment stated that in the past two weeks, wallets holding 1 to 10 BTC have accumulated an additional 10,076 BTC, while wallets holding 10 to 100 BTC have added 4,131 BTC, totaling an increase of 14,207 BTC.Santiment pointed out that this type of holding group is usually more patient than small retail wallets, tending to increase their holdings during market panic and reduce exposure after a strong rebound. The agency believes that the inflow of over 14,000 BTC into these wallets during a significant market sell-off is a bullish signal, but it remains to be seen whether this trend can continue. If BTC stabilizes at the $75,000 level and wallets holding 1 to 100 BTC continue to accumulate, regaining $78,000 and $80,000 will further strengthen the judgment of a local bottom formation; however, if the price falls below recent lows and related wallets start to reduce their holdings, this signal will weaken.

Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that although the ETH price continues to be disappointing, this more reflects the market's lack of patience. In 2026, the wave of tokenization is steadily advancing and making significant progress, with the vast majority of tokenized assets built on Ethereum. Ethereum founder Vitalik Buterin also reaffirmed ETH's positioning as a store of value.In addition, Tom Lee believes that the cryptocurrency bull market has just begun, and the AI narrative has not absorbed all the new capital. Overall, the outlook for the cryptocurrency market remains bullish for the next 24 to 36 months, and he calls on investors to be prepared.

According to The Block, StoneX Financial has initiated coverage of the cryptocurrency exchange Bullish, giving it a "Buy" rating and a target price of $42, indicating an upside potential of about 97%. Analyst Mark Palmer pointed out that Bullish's upcoming $4.2 billion acquisition of Equiniti is a key part of its bullish argument.Palmer stated that after the transaction is completed, Bullish will become the transfer agent for about 30% of S&P 500 companies and half of the FTSE 100 companies, controlling a critical node for converting stocks from database entries into tokens. The on-chain scale of tokenized stocks is currently about $2.1 billion, while the global stock value reaches $151 trillion, with the tokenized asset market potentially reaching $9.4 trillion by 2030.Bullish's adjusted revenue for the second quarter grew by 62% year-over-year to $92.6 million. StoneX also highlighted risks related to delays or failures in the Equiniti transaction, a slowdown in tokenization adoption, and competition from Nasdaq, DTCC, NYSE, Securitize, and others.

According to the official announcement, the cryptocurrency trading platform Bullish (BLSH), listed on the New York Stock Exchange, has appointed former NYSE President Stacey Cunningham as the company's president.Cunningham previously served as the president of NYSE Group, being the first woman to lead the exchange group, and held the position of Chief Operating Officer, responsible for technology modernization and the integration of several exchange mergers; prior to that, she held senior positions at Nasdaq. She currently also serves on the boards of Cloudflare, the New York Stock Exchange, and Georgetown University's Psaros Center for Financial Markets and Policy, and was an operating partner at private equity firm Advent, as well as an advisor to Uniswap Labs.Bullish CEO Tom Farley stated that her expertise in market structure, operational experience, and issuer relations will play a key role in the company's efforts to combine traditional financial infrastructure with blockchain technology.Bullish is advancing its tokenized securities strategy: in May 2026, it announced the acquisition of transfer agent Equiniti for $4.2 billion (serving nearly 3,000 issuer clients and over 20 million shareholders), with the transaction expected to be completed in January 2027; the company has also been approved to conduct tokenized securities trading in Gibraltar and has launched tokenized stock trading initiated by its own issuers.

According to The Block, Cathie Wood's Ark Invest purchased $2.44 million worth of Coinbase stock on Thursday, while the stock fell 9.69% that day.Ark Invest also sold 109,522 shares of Bullish stock, valued at approximately $2.27 million, and 119,841 shares of Bitmine stock, valued at approximately $2.28 million. Both Bullish and Bitmine saw declines of over 10% that day.

The dust has settled on the U.S. midterm elections, with the Democratic Party winning control of both chambers of Congress, and Trump has stated that he accepts the election results. After the uncertainty dissipated, the market rebounded significantly, with the S&P 500 index rising nearly 2% in a single day, the Dow Jones index increasing by over 3%, and the VIX experiencing its largest single-day drop since April 2025. Institutions such as JPMorgan, Nomura, HSBC, and Citadel Securities have successively released bullish reports.The core logic is that institutions had significantly deleveraged before the election, and short positions in the stock market were close to a five-year high. Citadel Securities stated that the net position of CTAs in U.S. stocks is approximately negative 3.3 standard deviations, placing it in the 10th percentile since 2018. Retail investors have net bought nearly $33 billion over 22 consecutive trading days since October 5, and the corporate buyback authorization window has also quickly reopened, with new authorizations reaching $1.5 trillion this year.Tech stock valuations are compressing simultaneously. The price-to-earnings ratio of the Nasdaq 100 has dropped to 19.1 times, the lowest since October 2022; the price-to-earnings ratio of semiconductor components has fallen to 13.8 times. HSBC views the Anthropic IPO as a key turning point for a comprehensive bullish trend in tech stocks. Historical data shows that since 1938, the S&P 500 has risen in 95% of the years in the 12 months following midterm elections, with an average increase of about 14%.

Cryptocurrency trader Doctor Profit posted that Bitcoin is currently testing the Level 2 key price level mentioned in his previous report. He stated that if BTC breaks through this level and successfully recovers, maintaining stability in the daily close, it will be an important bullish signal, indicating that the market has digested the panic selling triggered by the Binance hacking incident, and the sell-off phase may be coming to an end, with buyers regaining control of the market.

According to The Block, Ark Invest, led by Cathie Wood, purchased 12,835 shares of Circle Internet Group stock on Tuesday, worth approximately $965,000; at the same time, it sold 37,754 shares of Bullish stock, worth approximately $867,000. Both stocks rose on that day.

According to an official announcement from Bullish, the cryptocurrency exchange Bullish (BLSH) listed on the New York Stock Exchange has selected Solana, Aptos, and Ethereum as its initial network partners for its stock tokenization service. Issuers can independently choose the network to issue tokenized stocks initiated by them, while the official equity registration records will still be maintained by the transfer agent.Among them, Solana is the first supported network, and Aptos and Ethereum will be integrated subsequently, with no specific timeline announced. Previously, Bullish demonstrated the transfer of 61 million tokenized Bullish reserved shares on Solana with Equiniti on October 27 at the New York Stock Exchange. This batch of shares is intended for the acquisition settlement with Equiniti, and the transaction is expected to be completed by January 2027, pending regulatory approval.

According to The Block, Cathie Wood's Ark Invest purchased $3.4 million worth of Coinbase stock, $2.6 million worth of Circle stock, and $645,820 worth of Robinhood stock, all three stocks closed lower on the same day. Ark also sold $2.3 million worth of Bullish stock, which fell 5.6% on that day.

In terms of the S&P 500, when the Republican Party controls Congress, 65% of respondents expect the U.S. stock market to accelerate or maintain its current pace of growth over the next 12 months (with an average monthly increase of about 1.3% this year); when the Democratic Party controls Congress and during a split Congress, this proportion is 37% and 44%, respectively.In terms of bonds, a Democratic-controlled Congress is considered more favorable, with 53% of respondents expecting U.S. Treasury yields to decline at that time, while the proportions for a split Congress and Republican control are 36% and 26%, respectively.

In an interview published in Bitcoin Magazine, energy and macro analyst Doomberg stated that the United States is pressuring its allies to continue holding U.S. Treasury bonds, which is changing the way central banks calculate their reserve assets. He pointed out that in a crisis situation, "you sell what you can sell, not what you want to sell," which explains the short-term weakness of gold since February 28.Doomberg believes that in the long term, this situation is "extremely bullish" for gold and Bitcoin as neutral reserve assets. He also mentioned that younger generations, who are more deeply reliant on the internet, are more likely to choose Bitcoin as a reserve or value storage tool.

Renowned trader Doctor Profit stated that he still maintains a bullish outlook on Bitcoin and believes that Binance's need to compensate for stolen assets may bring buying pressure. He mentioned that the portion that cannot be compensated through asset recovery or the company's existing holdings needs to be repurchased, but the specific purchase amount has not been disclosed.According to his estimates, the related events involve approximately 6.3 billion dollars, of which about 3 billion dollars have been frozen. He expects that after Tether and Circle reissue the corresponding assets, the remaining gap will be about 3.3 billion dollars, accounting for approximately 2.05% of Binance's total assets. If no more funds are frozen subsequently, Binance will need to repurchase about 3.3 billion dollars worth of crypto assets, including Bitcoin.Doctor Profit views this potential replenishment demand as an inflow of funds and stated that this incident has not shaken his bullish stance. He still holds a long position in Bitcoin opened at 80,400 dollars and spot purchases at 60,000 dollars, claiming that he was prepared for volatility before entering the market and will not exit his position due to this incident.

CryptoQuant founder Ki Young Ju posted on platform X that the Coinbase premium has hit a 4-year low. The last time this level occurred was after the FTX collapse in November 2022, when Bitcoin bottomed out; he believes that market sentiment has become pessimistic enough to be bullish.

Renowned trader Ansem stated in the podcast "Market Bubble" that he has recently shifted from a bullish to a bearish stance, reducing his positions and taking profits over the past few days, while also shorting a portion.Regarding stocks, Ansem believes that mainstream targets have seen significant increases, accumulating a large amount of unrealized profits, and have hardly experienced any proper corrections. Now, significant de-risking and profit-taking are starting to occur. He thinks that the U.S. stock market may be at the tail end of the macro cycle, with funds withdrawing.For the cryptocurrency market, Ansem believes that crypto performed strongly in Q3, but it may just be a counter-trend rebound rather than the beginning of a new bull market. Crypto had previously outpaced the weakness in stocks, rebounding after being oversold; if stocks continue to weaken, they may drag crypto down with them, and Bitcoin could fall back to around $70,000. He also expressed continued optimism about tokenized stocks, viewing them as a key pathway to bring more traditional capital onto the blockchain, as well as a catalyst for the next wave of real users and capital inflow, and reiterated his positive outlook on ZEC, emphasizing its privacy Bitcoin attributes.