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People who drink Starbucks aren’t necessarily superior, but people who drink Mixue Bingcheng are the truly superior ones.
#DeepSeekToClose10BillionYuanFunding
This mega-round—potentially reaching **100 billion yuan (~$14.9 billion USD) at a 500 billion yuan (~$75 billion USD)** pre-money valuation—is a defining landmark for the domestic Chinese AI landscape. Doubling the initial target from 50 billion yuan reflects immense domestic demand and strategic backing as DeepSeek prepares for a planned 2027 IPO (likely targeted for the Shanghai STAR Market).
Here is a breakdown of what this funding signifies across strategic, economic, and geopolitical lines:
1. Capital Consolidation on Proven Winners
Rather than spre
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$ONG ONG/USDT (4h) Consolidating Inside a Large Symmetrical Triangle
ONG/USDT is consolidating inside a large symmetrical triangle on the 4H chart, with lower highs forming beneath descending resistance and higher lows developing along the rising support.
Price is currently around $0.0848, still trading inside the structure. A confirmed 4H breakout and hold above the upper trendline around $0.087–$0.089 could validate the bullish setup and open the way toward the $0.163 measured target area.
A breakdown below the rising support around $0.079–$0.081 would weaken the bullish scenario and increas
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ONG+0.29%
Crypto trade Today
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#SKHYNIX 📉 Korean equities and SK Hynix face a confluence of macro and flow pressures.
The KOSPI dropped over 3% intraday on Oct 12, with semiconductor names at the center of the selloff. Brent crude above $100 and rising 10-year US Treasury yields are lifting the discount-rate pressure on high-multiple tech stocks. Foreign and institutional investors sold a combined KRW 3.66tn on Oct 8.
⚖️ For SK Hynix specifically, three distinct forces are at play:
Macro transmission:
High rates and oil prices continue to weigh on valuations. A retreat in both would ease this pressure, but for now, the tr
SK Hynix-10.09%
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Have idle USDT or USD1? Take a look—Gate Earn’s multiple limited-time benefits are now live
Participate in Simple Earn, fixed-term Coin Savings, or HODL & Earn to enjoy boosted yields on USDT, USD1, and other assets.
USDT Simple Earn: up to 5% APY
VIP-exclusive 7-day USDT fixed term: up to 11% APY
USD1 Simple Earn & HODL & Earn: up to 7.8% APY
45-day USDT fixed term: 4.5% APY
The Earn promotions are highly flexible. I’ll walk you through the official announcement in detail so you can choose the option that works best for you:
• If you want to keep your funds flexible, you can choose US
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USD1+0.02%
BTC and ETH rebound from their lows, but this cannot yet be considered a reversal
BTC fell to around 81000 at its lowest before rebounding, and is currently around 83600. The short-term trend is recovering, but the four-hour resistance has not yet been broken.
Do not chase longs today; wait for a rebound to the resistance zone and then observe for shorting opportunities.
【BTC Strategy】
Direction: Short
Entry: Rejected at 84050—84200, then breaks back below 84050
Target 1: 83400
Target 2: 82700
🔴 Stop-loss: Above 84480
If 84480 is broken with increased volume and the price holds above it after
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ETH-1.22%
BTC-0.03%
$NEAR A 2.64 million whale got buried alive! The waterfall crashed through 5.1—are your 5.9 “top-of-the-mountain long positions” still stubbornly holding on and waiting to die?
You thought you were buying the dip, but the whale is using you to buy a Porsche! You woke up to find the sky had fallen—are your 5.9 long positions already numb?
Reason for the drop (why you’re trapped):
Look at the data: NEAR saw large net outflows across the board, with major players aggressively draining liquidity;
Smart money Boomer had already cleared out NEAR around 5.9, making $710,000 before turning around to s
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ETH-1.17%
SOL-3.45%
$FIL ‌ Showing Strong Bullish Momentum!
$FIL is making a solid upward push, trading at $1.1710 with a +6.52% gain today.
After bouncing back from its 24-hour low of $1.0713,$FIL rallied to hit a high of $1.1804 on the 15-minute chart.
The token is building steady momentum across higher timeframes as well, showing +23.09% growth over the last 30 days and +48.39% over the past 90 days.
Trading volume remains active at 18.65M FIL ($21.81M USDT).
Keep an eye on resistance near $1.180 as bulls attempt a breakout!#GateWCTCS9GlobalTradingCompetition #GateRanksTop2inCEXNetInflows
FIL-4.28%
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$LINK Saw it on the unusual-movers list and wanted to give you the straight story first.
It's at 13.11 now, down 6% over 7 days, with 33 million in trading volume. Put bluntly, with this little volume and this level of volatility, getting on the list matters more than the market action itself. Capital is currently rummaging through the major names, and whoever it finds is whoever it finds.
Long-time followers all know what LINK does: the price-feed business, and a regular foundational player in the RWA and cross-chain narratives. But I don't see any new story behind its appearance on the unusu
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LINK-2.97%
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$BTC The U.S. government still holds more than $20 billion worth of Bitcoin and other cryptocurrencies and has been dumping them for the past few weeks. The broader market will likely remain under pressure and undergo a shakeout for some time!
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It’s coming: Pensions for public-sector retirees may be capped???
Let’s hear how much a Hangzhou woman who retired from a public institution over 30 years ago receives in monthly pension payments. No wonder they say the social security contributions of three young people are needed to support one elderly person.
#每周来晒 #South Korean stocks plunge—would you buy the dip?
The market is gripped by panic today, but I would rather look beyond short-term volatility and discuss the broader logic of memory chips.
South Korea's stock market roller coaster this year is essentially a microcosm of the memory chip cycle. The KOSPI rose 100% in the first half, leading global markets, driven by the explosive demand for AI computing power, which pushed memory chips into a supercycle. HBM (high-bandwidth memory) is in short supply, DRAM and NAND prices have surged, and Samsung and SK hynix have profited handsomely.
The
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#Gate净流入1.26亿美元位列行业第三
$126 MILLION INTO GATE: WHAT THE TECHNICALS ACTUALLY SAY
Gate’s campaign cites PANews reporting approximately $126 million in monthly net inflows, ranking third among centralized exchanges, alongside 61 million+ users across 150+ countries and regions. These figures come from the 9 October campaign post not a fresh measurement of today’s inflows.
The trading question is whether that capital translates into sustained buying. Today’s technical picture is mixed: BTC has improving hourly momentum, while GT still needs stronger confirmation.
DATA CHECK
Gate spot quotes around
BTC-0.03%
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🏆 WCTC S9 Leaderboard Guide Is Here—Choosing the Right Track Is Crucial
The competition officially begins on October 26. With three leaderboards, which one are you preparing to compete for? 🔥
👥 Team Competition: Accumulated converted trading volume, putting your team’s overall strength to the test
🏅 Individual Competition: Compete for a spot in the top 300; participants ranked 301–1000 can also receive experience ticket rewards
⚡ Event Contract PK Competition: One round every 30 minutes, testing your judgment and number of wins
💡 Trading volume weighting is also key to climbing th
GateSquare
🏆 WCTC S9 Leaderboard Guide Is Here—Choosing the Right Track Is Crucial
The competition officially begins on October 26. With three leaderboards, which one are you preparing to compete for? 🔥
👥 Team Competition: Accumulated converted trading volume, putting your team’s overall strength to the test
🏅 Individual Competition: Compete for a spot in the top 300; participants ranked 301–1000 can also receive experience ticket rewards
⚡ Event Contract PK Competition: One round every 30 minutes, testing your judgment and number of wins
💡 Trading volume weighting is also key to climbing the leaderboard:
🔥 Stocks / Event Contracts: 200%
📈 Spot / ETFs / Flash Swap: 150%
💎 Futures: 100%
The same trading volume may have significantly different conversion weights across tracks.
Are you preparing to team up and compete for the leaderboard, or challenge the rankings solo?
Bring #GateWCTCS9全球交易赛 to Gate Square to discuss your competition strategy and team recruitment plans, and find leaderboard partners in advance.
🎁 Square events are also taking place simultaneously. Form a team, share your results, discuss strategies, and take part for a chance to earn additional rewards.
👉 WCTC S9 Competition Entrance:
https://www.gate.com/competition/wctc-s9
👉 Square Event Entrance:
https://www.gate.com/campaigns/6559
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WALL STREET FINALLY GOT ITS XRP STOCK 🤩
Evernorth Holdings, the Ripple-backed XRP treasury company, started trading on Nasdaq on Monday, October 12, as XRPN. Its merger with SPAC Armada Acquisition Corp. II closed on Oct 9. On day one the stock ran to $19.38, dipped to $16.39 and closed at $16.91, down 1.05% from $17.09, on about 1.29M shares. After hours it bounced to $17.49.
Evernorth holds about 473 million $XRP plus roughly $300M in gross cash before fees. SEC filings show 80.3% of the SPAC's redeemable shareholders cashed out before the merger, which left a tiny float. That's how the old
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XRP-2.53%
#Gate位列中心化交易所净流入前二
Whale makes $710,000 and runs! Are you still stubbornly holding your 5.9 long?
The whale has had its fill and exited, leaving retail traders holding the bag at the top! Don’t let wishful thinking become the death knell for your liquidation!
Reason for the decline (why you’re trapped): NEAR is seeing large net outflows across the board, as major players aggressively siphon funds; smart money Boomer already cleared out of NEAR near 5.9, made $710,000, and then went short on ETH and SOL; the MACD has formed a bearish cross and is moving downward, with bullish momentum complete
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ETH-1.17%
SOL-3.45%
Ahhhhhhhhh……
I hate going to work, but I have no choice. I have to cherish it—after all, having a job at all is something to be grateful for……
The phrase “I love work” sounds exactly like something a scumbag would say! (Of course, toxic women say it too…)
Clearly not in love, yet still settling; unable to live without each other, yet still struggling through life together…… Not happy, but surviving!
$ETH
#闪迪重挫6%存储股收跌
ETH-1.17%
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