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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.
SPYX+0.72%
NAS100+0.91%
NVDA+1.31%
META+0.27%
DELL+3.82%
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Federal Reserve's Hammack: Nonfarm payrolls are consistent with recent hiring trends, leaving ample time to decide what policy stance to adopt
Federal Reserve’s Hammack said the September employment data was consistent with recent hiring trends, with approximately 29,000 jobs added and the unemployment rate at 4.2%, in line with industry performance. Over the past 12 months, an average of approximately 41,000 jobs were added each month, indicating that hiring is stabilizing. She said there is still sufficient information to determine the monetary policy stance before the meeting at the end of this month and fulfill the Fed’s mandate.
Will the US confirm the existence of aliens by October 31? The probability of “Yes” plunged 47.9 percentage points in a single day
ME News, October 3 (UTC+8) — Prediction market data shows that in the market on whether “the United States will confirm the existence of aliens by October 31,” the probability of the “Yes” option fell from 48.9% to 1.1%, a 47.9-percentage-point decline in a single day.
Will the US Confirm the Existence of Aliens by October 31? The Probability of an Affirmative Result Has Dropped Sharply
ME News, October 3 (UTC+8) — Prediction market data shows that in the market for the event “The United States will confirm the existence of extraterrestrial life by October 31,” the probability of the affirmative outcome fell from 48.9% to 1.1%, a single-day decline of 47.9 percentage points.
The browser is back online, and the Symbients are beginning to awaken again.
ME News, October 3 (UTC+8) — WWW AI Token Launchpad Outage and Frontend Private Key Exposure Controversy: An official post on X stated that some browsers intermittently went offline while parts of the backend were being restarted. All browsers are now back online, and Symbients are gradually awakening as browser sessions reconnect. (Source: ODAILY)
ME+4.87%
Arbitrum Security Council Emergency Pauses New Stylus Contract Activations and Adds BoLD Protection
The Arbitrum Security Council implemented an emergency upgrade on Arbitrum One and Nova at 11:30 on October 2 Eastern Time, pausing the activation of new Stylus contracts and adding BoLD one-step protection to the dispute system. To mitigate the risk, `ArbOwner.setWasmActivationGas` was increased to 2^64-1. Already activated Stylus and Solidity contracts are unaffected. If two mutually conflicting answers are both accepted at a dispute step, the BoLD protection will pause settlement to Ethereum. Unconfirmed withdrawals may be delayed to allow for remediation. Officials said the vulnerability primarily affects chain liveness and does not threaten user funds.
ARB-1.75%
Microsoft X Account Hijacked to Promote Clippy-Themed Meme Coin
ME News reported that Microsoft’s official X account was accessed without authorization on October 3. The account briefly followed and reposted unofficial meme coins and changed its profile picture to Clippy, then deleted the posts and restored the account about 30 minutes later. Microsoft said it would pursue legal action and had not authorized anyone to use intellectual property such as Clippy. The related CLIPPY token and the Clippy MSFT account had claimed to hold a $200,000 liquidity pool, while some promoters claimed it was backed by Microsoft stock. There is no evidence of this, and the token has no official connection to Microsoft.
MSFT+0.92%
ICBA Sues OCC Over Issuance of Trust Bank Charters to Crypto Companies
ME News, October 3 (UTC+8) — The ICBA sued the Office of the Comptroller of the Currency (OCC), alleging that it approved multiple crypto companies to establish digital asset trust banks, allowing these institutions to avoid the same regulatory standards as traditional banks and creating a competitive disadvantage. (Source: ODAILY)
Canary Revises Pepe ETF Filing Again, Bloomberg ETF Analyst Eric Balchunas Says It May Signal the End of Crypto Winter
ME News, October 3 (UTC+8) — Bloomberg ETF analyst Eric Balchunas posted on X that Canary has just revised its Pepe ETF filing again, which may be another sign that the crypto winter is over. A few months ago, the market would not even have considered launching a Pepe ETF.
PEPE-2.95%
Bitpanda Co-CEO: MiCA Increases Users’ Trust in Regulated Platforms
In a Chain Reaction interview, Bitpanda Co-CEO Trummer said that the implementation of MiCA has increased European users’ trust in regulated platforms. Mainstream users prefer regulated service providers over self-custody, which he called a niche interest of Crypto Twitter. He also called for strict enforcement, revealing that some companies are providing services to EU customers without licenses. The transition period ended on July 1, and ESMA has called on national regulators to take action against unauthorized companies while pushing for stronger regulatory powers to crack down on unauthorized firms and third-country companies soliciting EU investors.
The Fed’s October meeting rate outlook draws attention as the probability of “no rate change” rises by 20.5 percentage points
ME News, October 3 (UTC+8) — Prediction market data shows that for the prediction “Will the Federal Reserve’s interest rate remain unchanged after the October 2026 meeting?”, the probability of the “Yes” option rose from 63.5% to 84.0%, an increase of 20.5 percentage points in a single day.
Initial payout will cover approximately 1% of losses; Velocity opens compensation claims for the April theft incident.
Velocity (formerly Drift), a perpetual futures exchange on Solana, has opened claims for compensation for the April theft. Users can receive 1 DFX for every 1 USDT lost. The current payout rate is approximately 0.0104 USDT per DFX, equivalent to about 1% of the loss. The compensation pool contains approximately 3.11 million USDT, while the total DFX supply is approximately 299.5 million tokens, with no further issuance planned. Claims close on 2028-01-01. Tether has committed up to $127.5 million to support the relaunch and compensation, and the foundation said the pool will be replenished with protocol revenue. Losses in April were previously estimated at approximately $295.4 million.
SOL+0.44%
DRIFT-5.39%
USDT0.00%
Stand With Crypto Supports Bipartisan Candidates in the Midterm Elections
The U.S. crypto advocacy organization Stand With Crypto announced its support for a group of bipartisan candidates in the midterm elections, including Ohio Republican Senator Jon Husted, Iowa Republican candidate Ashley Hinson, and New Hampshire Democratic candidate Chris Pappas. It also endorsed more than 30 House members and candidates who voted in favor of the digital asset market structure bill, and plans to run ads in six House races to promote pro-crypto candidates. Previously, the CLARITY Act failed to reach the 60-vote threshold in the Senate, while the House passed it last year.
CFTC: Net short positions in the S&P 500 increased to 355,697 contracts
ME News, October 3 (UTC+8) — The U.S. Commodity Futures Trading Commission (CFTC) reported that, for the week ended September 29, equity fund speculators increased their net short positions in S&P 500 CME contracts by 575 contracts to 355,697, while equity fund managers reduced their net long positions in S&P 500 CME contracts by 33,658 contracts to 901,255. (Source: ChainCatcher)
XRP is currently priced at $1.4586, down 3.2% over the past 24 hours.
ME News, October 3 (UTC+8) — According to CoinMarketCap market data, XRP is currently priced at $1.4586, down 3.2% over the past 24 hours. (Source: CoinMarketCap)
XRP+0.12%
BTC fell below 84,000 USD, down 1.7% over 24 hours, currently priced at 83,915 USD.
ME News reported on October 3 (UTC+8) that, according to CoinMarketCap market data, BTC fell below $84,000 and is currently trading at $83,915, down 1.7% over the past 24 hours. (Source: CoinMarketCap)
BTC0.00%
Will the US Confirm the Existence of Extraterrestrials by October 31? The Probability of Agreement Has Plummeted
According to ME News, on October 3 (UTC+8), in the prediction market for “the United States confirming the existence of extraterrestrial life by October 31,” the probability of the “Yes” option dropped sharply from 32.1% to 1.1%, falling 31.1 percentage points in a single day.
U.S. September job growth fell short of expectations, and Bitcoin rose above $86,000.
The U.S. added 29,000 jobs in September, below expectations of 84,000. The combined figure for the previous two months was revised down by 60,000, and the unemployment rate rose to 4.2%. The probability of a rate hike in October fell from 70% to approximately 14%. Bitcoin is trading at $86,152, down about 1.4% from its September high, with an intraday high of $87,173. The total crypto market capitalization exceeded $3 trillion, up 2.5% over 24 hours, with Bitcoin’s dominance at 59.1%.
BTC0.00%
Aave Labs Proposes Establishing a Foundation to Bring Its Brand and Intellectual Property Under DAO Governance
ME News reports that Aave Labs has proposed a plan to gradually place its brand and intellectual property under DAO oversight. The first phase would establish a legal entity in the Cayman Islands and appoint independent executives, but the transfer of ownership of trademarks, domain names, and code repositories is not included in the first phase and can only be implemented after multiple subsequent governance votes.
AAVE+2.79%
XRP fell below 1.5 USD, down 0.5% over 24H, currently priced at 1.4992 USD
ME News, October 3 (UTC+8) — According to CoinMarketCap market data, XRP has fallen below $1.5 and is currently priced at $1.4992, down 0.5% over the past 24 hours. (Source: CoinMarketCap)
XRP+0.12%
A whale went 10x long on WLD, with a position return of approximately 655%.
According to TradingBeats, the Hyperliquid whale address 0x77ee holds a long position of approximately 10.23 million WLD with 10x cross margin leverage, an average entry price of approximately $0.35, unrealized profits of approximately $2.34 million, and a position return of approximately 655%. The position has been held for more than four months since late May. The WLD perpetual contract is priced at approximately $0.58, up approximately 15.2% over the past 24 hours.
WLD+11.55%
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