Executives at Rivian Automotive, Lucid Group and Scout Motors said they do not expect stronger federal support for electric vehicles even if Democrats take control of Congress in January. According to Sina Finance, the executives shared that view after Democrats’ historic midterm election victory. Scout CEO Scott Keogh said the company was built from the outset without relying on legislation or other uncertain support. Rivian CEO RJ Scaringe said the company does not plan around government policy and expects progress to face significant obstacles, though he hopes Democrats and U.S. President Donald Trump can find common ground. Lucid CEO Silvio Napoli said the company would welcome any positive measures. Lucid is backed by Saudi Arabia’s Public Investment Fund. The Trump administration has ended or rolled back Biden-era support for climate initiatives and electric vehicles, including consumer incentives of up to $7,500. Automakers, including General Motors, had relied on such tax credits to support sales and help make electric vehicles profitable. Democrats are expected to focus on health care, data centers, oversight of the Trump administration and affordability. Rachel McCleery, executive director of the Coalition for Reimagined Mobility, a program of the nonprofit policy advisory group SAFE, said affordability could encompass vehicle costs and expected legislative debate over electric vehicles and supply-chain incentives. She said reducing car costs is a priority for Democratic policymakers and that electric vehicles are part of that agenda. Keogh said he would prefer support for vehicle production, which could lower costs and eventually prices for consumers. Electric vehicles typically cost more than internal-combustion models. Before the Trump administration ended incentives of up to $7,500 in September 2025, electric vehicle sales had surged; sales have since fallen from their peak. Cox Automotive data showed that, through September, the average price of a new electric vehicle exceeded $54,800, while the industry-wide average price was slightly above $51,100 in the previous month. Cox Automotive director of industry insights Stephanie Valdez Streaty said incentives can accelerate adoption, but the industry should aim to make electric vehicles affordable and appealing with or without them.

According to ChainCatcher, trader and chart analyst Peter Brandt said in a social media post that Bitcoin may have formed a valid head-and-shoulders pattern. If confirmed, he said, Bitcoin may have already reached its all-time high and may not surpass it again during his lifetime. Brandt previously predicted Bitcoin’s 2018 crash.

Anthropic’s potentially record-setting IPO is tied to a roughly $1.4 trillion targeted valuation, Bloomberg reported. Bloomberg News’ Bailey Lipschultz and Bloomberg Intelligence’s Mandeep Singh discussed investor demand and compute costs on Bloomberg This Weekend. They also examined how Nvidia’s upheaval following Jensen Huang’s departure is changing the outlook for AI investment and computing capacity, and what Anthropic’s market debut could signal for OpenAI and the broader AI trade.

Jito’s Block Assembly Marketplace (BAM) has 380 connected validators and covers more than 40% of Solana’s staked SOL. According to Odaily, Jito said the validators account for approximately 173.6 million SOL in stake.

Solana co-founder Toly responded today to Bankless co-founder David Hoffman’s earlier discussion of blockchain resource requirements by demonstrating a lightweight node test. According to Odaily, a Solana mainnet full node used less computing power than a single tablet CPU core and a 5G connection to sync from scratch to the latest block and begin voting in 10 seconds; the test included parallel compilation with make -j and initial snapshot synchronization. In 2023, Toly said running Solana would cost less than running all EVM chains combined and that Solana processed more transactions than all EVM chains combined. Hoffman responded that Solana had not sufficiently tried to lower the barrier to running a node, and said lower resource requirements are a long-term cultural requirement for blockchain systems and make blockchains more sustainable.

America’s aging population is rapidly increasing demand for home care workers, but many jobs pay too little to support a family, according to Bloomberg. Ai-jen Poo of the National Domestic Workers Alliance says the country will need hundreds of thousands more home care workers in the coming decades. Harvard economist Lawrence Katz says workforce expansion alone will not be enough if workers have little opportunity to advance. The challenge is whether care work can follow manufacturing’s path from low-wage labor to a stable route to the middle class.

With markets closed over the weekend, the crypto market was hit by a new round of severe price and sentiment shocks.

Satoshi Nakamoto acknowledged Bitcoin's privacy shortcomings as early as Section 10 of the white paper, and today's privacy technologies offer more nuanced answers than just "anonymity."

Goldman Sachs believes the dollar still has room to rise in the short term, but a substantial reversal will occur in 2027. The core driver supporting this rally is the continued rise in expectations for AI-related investments, and once these expectations peak, the dollar will also face the same inflection point.

Multiple attacks in October 2026 exposed the vulnerabilities of the Internet. AI agents can both attack and harden, and the key is prevention rather than patching.

According to Coinglass data, there have been 13 instances of single-day liquidations exceeding $500 million in the past year, with 3 of them exceeding $1 billion.

This week, 14 blockchain startups raised $43.5 million in funding.

JPYC has been issued for a full year and its application scenarios have expanded, but its circulation scale has only reached about a quarter of the internal target.

The departure of Nvidia founder Jensen Huang is suspected to be a meticulously planned "hunt".

Why are investors with $15 billion no longer solely investing in cryptocurrencies? Golden Finance reveals the truth behind top capital's shift towards AI and robotics.

The individual was engaged in USDT over-the-counter (OTC) trading. Because a bank card received RMB payments from an underground money exchange chain, the public security authorities initiated an investigation on suspicion of illegal business operations.