ppi

The U.S. October PPI year-on-year will be announced at 21:30 Beijing time, with a previous value of 6.3% and a forecast value of 6.6%; the U.S. October core PPI year-on-year will be announced at 21:30, with a previous value of 5% and a forecast value of 5%.

On the prediction market platform Polymarket, the market regarding whether NVIDIA CEO Jensen Huang will announce his resignation or be dismissed before a specific date showed that the probability once rose to about 91%, but has now fallen to 78%.As of the time of publication, the total trading volume of this series of markets is approximately $15.25 million. Pricing by different deadlines: about 59% for November 12, about 63% for November 13, about 74% for November 30, about 78% for December 31; about 82% for March 31, 2027, and about 86% for December 31, 2027.

The independent Solana validator alliance Layer33 responded to the adjustments of the Solana Foundation Delegation Program (SFDP) rules. The alliance is composed of independent validators, aiming to push for independent operators to collectively hold at least 33% of the network's stake. Layer33 stated that it acknowledges the foundation's remarks that the network scale has exceeded the initial launch plan, the validator pool has matured, and it faces challenges that were not envisioned in the early stages, believing that the delegation mechanism should evolve accordingly. The organization indicated that the new rules replace long-term contributors with short-term participants for a duration of 12 months.Layer33 mentioned that the foundation, in subsequent statements, indicated that participants from the Alpenglow community cluster provided crucial assistance and should receive direct rewards; part of the related adjustments is to make such rewards possible. The organization stated that the SFDP currently holds over 10 million SOL in remaining delegation, and providing substantial rewards to cluster participants does not require dismantling the existing plan; the foundation expressed that the intended recipients of the rewards are precisely the group prioritized for exit. Layer33 also noted that validators remaining in the program will see their SFDP delegation decrease from approximately 85,000 SOL to 55,000 SOL, reducing by about 30,000 to 35,000 SOL; some operators have already shut down nodes and canceled their Breakpoint schedules.Layer33 stated that it does not demand the foundation to change direction but rather to advance in the correct order and update the requests made in the previous open letter: to suspend weekly exit batches until communication regarding not abandoning contributors improves; to supplement details on rewards for Alpenglow community cluster participants; to disclose the analysis behind the 300,000 SOL external staking graduation line, the cap of 100 validators, the 12-month term, and the 55,000 SOL delegation scale; to publish an impact assessment on the current validator pool, including how about 75% of members are identified as non-contributors; to conduct formal consultations with existing SFDP members with processes and timelines; to disclose contribution-based delegation standards and application processes, running parallel with discretionary delegation; and to explain why the program places more emphasis on new validators rather than contributors who have operated and improved the Solana network for many years.

Derive option pricing shows that the probability of Bitcoin closing below $70,000 on Christmas has risen from 15% last week to 31%.

According to Cointelegraph, former Ripple Chief Technology Officer David Schwartz stated that he has sold the vast majority of his cryptocurrency holdings due to a lower personal risk tolerance.Schwartz revealed that his cryptocurrency asset holdings have decreased from approximately 26 million XRP, 1,500 BTC, and 40,000 ETH to about 3 million XRP, 1 BTC, and 6 ETH currently.

The Solana Foundation developer relations personnel stated that Direct Mapping is about to go live on the mainnet and recommended developers enable the relevant features for program testing.

According to Gate market data, the panic index VIX fell by 15%, dropping below 24 points.

Amazon launches a text-based shopping feature through Alexa, helping users search and compare products, track promotions and price changes, and complete purchases on behalf of users. This feature is currently being rolled out to a small number of invited users in the United States, with plans to expand its availability in the coming weeks.

According to Arkham monitoring, a certain whale took advantage of the ETH price drop of over 6% to quickly purchase 10,000 ETH through a newly created wallet from Coinbase, worth approximately 23.28 million USD.

According to Gate market data, the decline in the optical communication sector of the US stock market has continued to widen: FOTO (FOTO) fell 8.12%; Marvell Technology (MRVL) fell 8.18%; Applied Optoelectronics (AAOI) fell 12.01%; Lumentum (LITE) fell 10.34%; Coherent (COHR) fell 8.12%; Ciena (CIEN) fell 10.85%; Fabrinet (FN) fell 8.45%; AXT (AXTI) fell 14.18%.

Investor Serenity (@aleabitoreddit) posted that the current market deleveraging has become quite severe, with investors indiscriminately selling stocks related to the AI industry chain. Some companies' stock prices have even fallen back to levels before significant orders and performance expectations were realized.Serenity cited the storage chip company ESMT as an example, noting that the company has a market capitalization of about $2 billion, achieving a gross profit of $526.2 million and a net profit of $330 million in the third quarter, with net assets of approximately $937 million, of which net cash is about $740 million. Based on current performance annualized, its price-to-earnings ratio is only about 1.6 times. Despite ongoing market concerns about the cycle peaking, unsustainable profits, and lack of competitive barriers, the trend of DDR2 and DDR3 production lines exiting is tightening supply, and ESMT expects to hedge against declining consumer demand in the fourth quarter by raising product average prices.Serenity also pointed out that manufacturers like Samsung and Micron are gradually exiting DDR2 and DDR3 production lines, and Nanya Technology has also stopped related production lines, while ESMT's revenue mainly comes from these two types of storage products. It believes that the market underestimates the price support brought by the contraction of traditional storage supply and ignores the situation where Micron, Samsung, SK Hynix, and SanDisk are locking in profitability through long-term supply agreements and price floors. Serenity criticized that the market is selling off AI and storage industry chain companies that actually generate substantial cash flow while shifting funds to companies like Walmart, which has a price-to-earnings ratio of about 47 times, and CrowdStrike, which has a forward price-to-earnings ratio of about 180 times. The current focus is not on the actual free cash flow generated by companies but rather on indiscriminate selling.

According to the official announcement from Alchemy Pay, the company has obtained a Money Transmission License (MTL) issued by the Mississippi Department of Banking and Consumer Finance. Currently, the number of states in the U.S. where it has obtained a money transmission license has increased to 20, and applications for licenses in several other states are still under review.

According to the latest data, the results for 154 seats in the U.S. House of Representatives in this midterm election have been determined, with the Democratic Party winning 102 seats and flipping 5 seats, while the Republican Party won 52 seats.The election forecasting organization Decision Desk HQ (DDHQ) has predicted that the Democratic Party will gain control of the U.S. House of Representatives, regaining a majority after four years as the minority party, thus ushering the U.S. into a new era of divided government. There are a total of 435 seats in the House of Representatives, and a majority party needs to win 218 seats.

According to Gate market data, the three major U.S. stock index futures continue to decline, with the Nasdaq 100 index futures down over 2%, the S&P 500 index futures down 0.85%, and the Dow futures down 0.35%.

Anthropic has open-sourced FlashProve, bringing the commonly used zkSNARK (zero-knowledge proof) technology from the cryptocurrency field into AI model inference.This technology was originally designed to prove the validity of blockchain transactions without disclosing transaction details. Anthropic aims to use it to solve another problem: when users pay a high price for an AI model's API, how can they know if the service provider has secretly switched to a cheaper model?FlashProve allows service providers to first generate encrypted fingerprints for the model weights and then provide mathematical proof for the inference results. Users do not need to obtain the model weights or rerun the model; they can check whether the specified output comes from the previously committed set of weights. Claude was also involved in the development and optimization of this system.Anthropic has already completed experiments on Meta's 400 billion parameter model Llama 4 Maverick. For every 1024 tokens of context processed, the generated proof is about 19 MB, and verification on a regular CPU takes about 17 seconds.However, currently, each proof can only verify one output token and cannot validate an entire response. The GPU computation time required to generate the proof is also about 70 to 95 times that of regular inference. Whether it can be used to identify API service providers that secretly switch models in the future will depend on when the cost of proof generation can be reduced.

According to an update released by Matt Palmer, the demonstration of Grok Bot's features includes shopping cards, product pages, order tracking, and payment.The demonstration also covers custom modes, team Bot login and setup, sharing and finding team Bots, as well as Slack connector requests and Vault contacts. Musk retweeted the introduction, calling it an improvement for Grok Bot.

Glassnode released data on social media indicating that BTC sellers have been continuously cutting losses below $80,000. Last week saw the longest duration of daily net realized losses since mid-August.The concentrated loss periods in August and September both formed at local lows. If the price can stay above $75,000, it will once again align with this pattern.

According to Coinglass monitoring, the balance of Bitcoin wallets on Binance has decreased for four consecutive days, reaching approximately 652,300 BTC today.On October 30, when Binance was hacked, its Bitcoin wallet balance was about 675,500 BTC, a reduction of approximately 23,200 BTC. Additionally, possibly influenced by Binance's opening of withdrawals, data shows that the balance of Bitcoin wallets on Binance decreased by about 15,894.17 BTC in the past 24 hours.