In November 2025, the crypto market will be at a structural turning point: after fiscal recession and peak interest rates, liquidity will flow back to the private sector, risk assets will become more differentiated, and the U.S. Treasury General Account (TGA) will only receive funds and not withdraw them due to the U.S. government shutdown. The balance will expand from about $800 billion to more than $1 trillion, which is equivalent to withdrawing about $200 billion of liquidity from the market and exacerbating the tightness of funds in the banking system.

When the market starts to "speak": An earnings experiment and a trillion-dollar AI prediction.

The top three performing crypto concept stocks this week were VVPR, CIFR, and IREN.

Will Virtuals become the home of "robots" on Base?

In a market with such poor conditions, the harder you try, the more money you lose; even AI-powered cryptocurrency trading is not immune.

Stablecoin startup ZAR raised $12.9 million in a new funding round; AI education agent platform VideoTutor completed an $11 million seed funding round.

x402 is an open-source protocol that transforms dormant HTTP status codes into a fully functional on-chain payment layer for APIs, websites, and autonomous proxies.

This market doesn't reward "completion," but rather the continuous "creation of new things."

From October 7th to October 20th, 2025, the cryptocurrency market continued its rotation pattern, with BTC rebounding from $102,100 and ETH stabilizing at $3,680 before trending upwards.

A list of Robotics-related projects

While some argue that x402 and ERC-8004 are merely part of a larger narrative of the convergence of cryptography and AI, they do unlock practical inter-agent payment mechanisms, laying the foundation for large-scale applications.

Instead of trying to chase every upward trend, select a few narratives, study them in depth, and plan ahead.

Encrypted incremental entry points are deserted, and existing funds are struggling to stay afloat. In this market environment, am I just here to hand over money to "insiders"?

Compared to competing with the market, this time AI's opponent has become another AI.

People who have very high expectations of themselves often have low resilience.

The emergence of the x402 may well mark the beginning of the machine economy era.