Odaily Report: He Yi quoted Musk's previously posted CZ-related meme on X, paired with the classic red and blue pill scene from the film "The Matrix," and posted asking: "Which color pill do you choose?"

Previously, Musk used a CZ-related meme to respond to the crypto market downturn, after which CZ responded with a "took an arrow to the knee" meme. OKX CEO Star also joined the interaction, joking: "The richest man is jealous of the richest man, so he 'smears' the richest man again!"

As the related interactions continued to draw attention, according to GMGN data, the market cap of the related Meme coin GM (GREEN MORNING) has surpassed $7 million.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily reports: Data shows that prediction market trading volume reached $123 billion in October, setting a new all-time monthly high, up 57.5% month-over-month and more than double August's figure. Among this, sports markets recorded $26 billion in trading volume, crypto markets about $14 billion, and political markets over $800 million, up 43% month-over-month, mainly driven by the U.S. midterm elections on November 3.

Odaily reports: Ahead of Friday's release of the U.S. October nonfarm payrolls report, bond traders have already bet that the U.S. Treasury market will rise further, while market expectations for the Federal Reserve to continue raising rates have continued to cool. After the U.S. midterm elections, global stock markets suffered a sell-off, driving investors toward U.S. Treasuries this week as a safe haven, and the 10-year Treasury yield fell on Thursday to its lowest level since early September.

As the stock market sell-off intensified further, the 10-year Treasury yield stood at 4.82% on Friday. The recent rally in the bond market has strengthened traders' confidence that yields will fall further. One options market trade bets that the 10-year Treasury yield could fall to 4.7% by the end of next week; another trade expiring on November 20 bets that the yield will fall to about 4.35%.

Gennadiy Goldberg, head of U.S. rates strategy at TD Securities, said the data due Friday is expected to be slightly weak, but the market is still mainly focused on economic fundamentals. He noted that the U.S. economy remains quite strong and the labor market is showing a "low hiring, low layoffs" pattern, so the market has already sharply reduced rate hike expectations over the past few weeks.

Odaily reports: According to MSX.COM data, in pre-market trading, Dow futures fell 0.8%, S&P 500 futures rose 0.24%, and Nasdaq 100 futures rose 1.1%. Some chip stocks rebounded: AMD (AMD.O) rose 5.3%, TSMC (TSM.N) rose 5.3%, Nvidia (NVDA.O) rose 2.9%, and Broadcom (AVGO.O) rose 3.8%. SpaceX (SPCX.O) and Tesla (TSLA.O) rebounded 2% and 1.4% pre-market, respectively.

Odaily: South Korean cryptocurrency exchange Gopax has announced the suspension of all trading services in order to transfer all customer assets to cold wallets. The platform stated that this move is a precautionary security measure in response to multiple recent security breaches and data leak incidents at financial institutions. (The Block)

Odaily reports: Former Fidelity investment fund manager George Noble warned on Thursday that Nvidia is heading down a path similar to the dot-com bubble burst by "propping up" customers who purchase its artificial intelligence (AI) hardware. In a post on social media, Noble noted that Nvidia currently accounts for about 8% of the S&P 500, double the weight Cisco held at the peak of the dot-com bubble in 2000. He believes the semiconductor giant is repeating the same mistakes, falling into the "exact same" trap that dealt a devastating blow to Cisco more than two decades ago.

According to MSX.COM data, the 24-hour declines of multiple US stock-related contracts have widened. MU is down 10.2%, now trading at 696.68 USDT; AMD is down 10.0%, now trading at 429.23 USDT.

Odaily reports: Digital asset management company Hyperliquid Strategies stated that its subsidiary has applied to become a Futures Commission Merchant (FCM), aiming to bring Hyperliquid-based perpetual contract markets to the United States. Both the application and the proposed market are subject to regulatory approval.

Hyperliquid's HIP-3 framework allows operators to deploy customized perpetual contract markets on the protocol's on-chain infrastructure. The proposed feature would also support the creation of permissioned markets accessible only to approved addresses. Hyperliquid Strategies stated that the subsidiary will handle U.S. client accounts for permissioned markets deployed on Hyperliquid.

Intercontinental Exchange (ICE) announced on October 29 a agreement with Trade[XYZ] to bring Hyperliquid-based perpetual markets to the United States, and plans to operate dedicated markets and clearing structures; this plan is likewise subject to regulatory approval. (Cointelegraph)

Odaily reports: On-chain analyst nooman posted on X that the trend of Meme coin trading platforms pivoting to perpetual contract businesses is accelerating. On Thursday, the number of daily active traders for perpetual contracts on both FOMO and Pump.fun saw significant growth.

Among them, FOMO perpetual contracts had nearly 4,000 daily active traders, with single-day trading volume reaching $334 million; Pump.fun perpetual contracts had nearly 1,200 daily active traders, hitting an all-time high, with single-day trading volume reaching $25.3 million.

Odaily reports that AnubisChain has recently continued to expand its global ecosystem partnerships, having established collaborations or completed integrations with multiple Web3 infrastructure and ecosystem platforms including Layerzero, Stargate, The Graph, DEXTools, CoinMarketCap (CMC), CoinGecko (CG), AC Wallet, Bitget Wallet, OpenFour, and goPlay, covering on-chain data, market analysis, wallet services, asset issuance, and gaming and entertainment, among other areas.

As globally established infrastructure providers join successively, AnubisChain is gradually building a more comprehensive public chain ecosystem, further lowering the barrier to entry for developers and users, and laying the foundation for global asset circulation, ecosystem application innovation, and long-term scalable development.

Odaily reports: Derivatives platform SkyArrow has announced its upcoming launch, with AnubisChain becoming its first supported network and settlement layer. Users can directly use the on-chain stablecoin DAI as margin to participate in perpetual contracts such as BTC and ETH, with up to 50x leverage. The platform adopts a hybrid matching model combining an order book and AMM, and uses a unified omnichain margin account to aggregate collateral across multiple chains, eliminating the need for cross-chain transfers. After launch, trading incentives and market-making rebates will be launched simultaneously.

Odaily reports that CryptoQuant posted on X that Bitcoin failed to sustain its rebound after reclaiming the $80,000 level and subsequently fell back to the $75,000-$76,000 range, primarily pressured by the sharp sell-off in U.S. tech stocks and AI-related equities. The key issue remains weak spot demand: futures market positioning improved briefly, but spot buying has yet to recover, making it difficult to support a sustained rally. On-chain data shows that approximately 11,003 BTC flowed out of exchanges on November 5, and the 60-day cumulative accumulation metric for wallets holding more than 10,000 BTC also turned positive; however, the volume of retail BTC inflows to Binance increased notably, suggesting short-term holders may still face selling pressure. Additionally, Bitcoin ETF fund flows remained weak on a weekly basis, and stablecoin liquidity has yet to recover.

CryptoQuant believes that current selling pressure may be easing, but a sustained Bitcoin rebound still requires new buying interest to enter the market. Going forward, focus should be on whether the $73,000-$76,000 support range holds, and whether spot demand, ETF fund flows, and stablecoin liquidity improve in tandem.

According to DefiLlama data, Gate recorded a net capital inflow of approximately $203 million over the past 24 hours, ranking third among global centralized exchanges.

Odaily: Vlad Tenev stated that stock tokens have launched on Robinhood Chain and are open to developers, allowing anyone to build around them, and AI Agents can now interact directly with stock tokens. Robinhood believes that existing public chains cannot fully meet its specific needs, and Robinhood Chain aims to become the preferred chain for RWA and Meme. Robinhood has already provided a DApp browser and featured Robinhood Chain token displays in Robinhood Wallet, and has also launched featured token displays in the search and Crypto sections of its main app.

Odaily Report: Amid a recent sharp decline in Samsung Electronics' share price following the U.S. midterm elections, Samsung Electronics co-CEO Roh Tae-moon purchased 3,000 shares of the company's stock. The purchase price was 210,000 KRW per share, totaling 630 million KRW. After the transaction was completed, Roh Tae-moon's holdings in Samsung Electronics increased from 124,280 shares to 127,280 shares. This stake increase is interpreted as a move to demonstrate his willingness for responsible management. (Yonhap)

Odaily reports: In line with the global trend of strengthening tax oversight of digital assets and combating cross-border tax evasion, crypto-asset reporting will be implemented in Hong Kong SAR, China starting in 2027. Under general understanding, commonly traded assets in the global market such as Bitcoin, Ether, and Solana will all be included. Joseph Chan Ho-lim, Under Secretary for Financial Services and the Treasury of Hong Kong, revealed that to ensure the effective implementation of the Crypto-Asset Reporting Framework, a series of arrangements will be introduced, including mandating reporting crypto-asset service providers with a reporting nexus to Hong Kong to register with the tax authorities, and requiring relevant service providers to maintain due diligence records. A dedicated task force has already been established to provide technical support and answer inquiries for the industry.

It is understood that the crypto industry is focused on at least two key aspects: first, the areas that the tax authorities' guidelines will cover, particularly whether the scope of "covered service providers" will extend to custody, brokerage, and over-the-counter trading; second, the list of the first batch of exchange partners, which is believed to directly determine which countries' tax authorities will be able to see transaction data on Hong Kong platforms after 2028. (Caijing Magazine)