According to Jin10, Fars News reported that enemy drones attacked two fishing boats 14 nautical miles south of Qeshm Island, leaving two fishermen missing and two injured.

Short-term holders transferred more than 36,600 BTC at a loss to exchanges within 24 hours, reflecting pressure on the group. According to ChainCatcher, Darkfost reported the transfers.

Global markets swung sharply in the week to Friday, October 30. Precious metals fell hard, US tech stocks sold off on worries about AI spending, and the Federal Reserve held rates without ruling out a December hike. Strong US growth and inflation data kept expectations of higher rates in place.Gold and Silver SlumpSpot gold closed Friday at $3,876.89 an ounce, down 6.7% for October, while silver closed at $49.13, down more than 18% for the month. Stronger-than-expected US data reinforced expectations of high interest rates, and rising real rates weighed on both metals, according to the summary. Brent crude found support from Middle East supply risks.Tech Stocks Sell OffThe Nasdaq and S&P 500 fell for a third straight week as enthusiasm for AI trades cooled. The Nasdaq lost 5.3% in October, its worst month since March 2025. Alphabet fell as much as 13% intraday on concerns about capital spending and cash flow, and Intel plunged 28.58% on Friday, its worst day since 1974. Apple closed with a market value of $5.03 trillion, ahead of Nvidia’s $4.93 trillion, to reclaim the title of the world’s most valuable listed company.Fed Holds in a Split VoteThe Federal Reserve voted 10-2 to keep rates unchanged, with two officials favoring a 25 basis point hike. Chair Kevin Warsh said the US economy is growing strongly but inflation has run above target for nearly six years, and future decisions will depend on incoming data. Data released the next day supported the hawkish case: third-quarter GDP grew at a 3.4% annualized rate, above the 3.2% forecast, and core PCE inflation rose to 3.1% in September from 3.0%. CME FedWatch shows a 75% chance of a 25 basis point hike in December.AI Spending Under ScrutinyThe cost of building AI infrastructure became a central market concern. Meta announced an equity financing plan of up to $97.5 billion, SpaceX raised about $40 billion through equipment leasing, and Oracle said it expects to need up to $20 billion in outside financing by fiscal 2030. Anthropic publicly filed for an IPO, disclosing revenue of $16.3 billion for the first half of 2026 and about $637 billion in long-term computing and infrastructure commitments.Chipmakers Post Strong ResultsAI demand continued to lift chipmaker earnings. SK Hynix’s third-quarter operating profit jumped 632% from a year earlier, and SanDisk’s revenue rose 378% in its first fiscal quarter of 2027. Even so, the week’s sell-off showed investors are focusing more on whether AI spending can turn into real profits and free cash flow.

Crypto may have peaked earlier than the US stock market this cycle, crypto trader Ansem said on Saturday, October 31, in a post shared on X. Because risk appetite this cycle has been driven largely by AI and US stocks, he argued, the two markets may top out at different times. If crypto’s recent rebound is only a counter-trend rally and stocks are just beginning a larger correction, crypto could face another leg down. Even so, Ansem said bitcoin may bottom before the broader stock market if both keep falling. He said he is not certain this scenario will play out and will watch how prices react at key levels.Bitcoin set its record above $126,000 in October 2025 and is now about 38% below it, while the Nasdaq 100 peaked on October 6 this year and has since fallen more than 7%.

According to Jin10, Iran's Mehr News Agency reported that Supreme National Security Council Secretary Rezaei said in an interview that Iran's defensive capabilities have improved and become significantly stronger and more complete compared with before. He said Iran's offensive capabilities have also increased significantly, and that the destructive power, speed, and ability of its missiles to penetrate enemy air defenses have improved. Rezaei said that if confrontation breaks out again, Iran's response will be stronger, more destructive, and more punitive than before, and the United States and the Israeli regime will suffer greater losses.

Central banks around the world left interest rates unchanged this week as officials in the US and Europe assessed the risk that high energy prices could fuel inflation, according to Bloomberg.

OPay Ltd., a Nigeria-focused payments platform, halted its New York Stock Exchange IPO, which was scheduled to begin trading on Friday, citing a regulatory inquiry, according to Bloomberg.

According to Jin10, South Korean media reported that SK Group Chairman Chey Tae-won had lunch with OpenAI CEO Sam Altman on the 31st. Industry insiders said they discussed cooperation on AI business. The specific content of their talks has not been made public, but they were reportedly believed to have discussed potential cooperation on high-bandwidth memory (HBM) supplies and next-generation AI infrastructure. SK Group has maintained close cooperation with OpenAI, including as a key partner in its large-scale AI infrastructure project, Stargate.

Venture capital, artificial intelligence, financing, anonymous interviews with frontline investors and entrepreneurs: Who is forcing whom to chase consensus? Golden Finance: No one genuinely enjoys chasing consensus, yet most people are doing it.

BTC, Wall Street, Satoshi Nakamoto, Bloomberg: 18th Anniversary of the Bitcoin White Paper – Has it Truly Matured After Being Accepted by Wall Street? Golden Finance: Bitcoin is Entering Adulthood. At least in terms of age, it certainly is.

Confidence supports financing, and financing supports investment; once confidence weakens, the contraction of funds will in turn dampen investment and growth expectations.

Africa, Stablecoins, Crypto Market, Chainalysis Report: Sub-Saharan Africa Becomes the Fastest Growing Crypto Region Globally. Golden Finance reports that the sub-Saharan African crypto market has surpassed $100 billion, with South Africa leading the way.

Elon Musk, Changpeng Zhao, Binance; Musk seemingly subtly criticizes Binance; Binance hack alarms Trump; Intel stock price plummets; former Intel engineer posts article; Jinse Finance: What have KOLs on X been talking about in the past 24 hours?

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3228, providing you with the latest and fastest news on the digital currency and blockchain industry.

Anthropic has filed for an IPO, with an expected valuation of $1.5 trillion to $2 trillion. Looking at the revenue and gross margin in the prospectus, is a large-scale model company a good business?

SlowMist Security Team Recapsulates the $783,000 ZKLink Theft: Arbitrator's arbitrary external calls superimposed on uncleaned transient storage, allowing attackers to exploit multiple vulnerabilities.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Buying a 5-year default insurance policy on $1 million of Oracle debt costs $31,500 a year; CoreWeave costs $114,500. The credit alarm bells for AI are ringing.