Odaily News: Bitcoin Treasuries posted on X that Wall Street giant Cantor Fitzgerald has raised its price target for Bitcoin treasury company Strategy MSTR from $186 to $208, citing an upward revision to its Bitcoin forecast. The target price implies 45% upside.

According to Odaily monitoring, a certain address's contract account has incurred a cumulative loss of approximately $26.24 million. Between 22:16 and 22:52 on October 16, 2026, its net BTC position shifted from approximately $3.018 million short to approximately $558,000 long. During this period, it closed approximately $3.427 million in short positions and approximately $16,000 in long positions, while opening approximately $574,000 in long positions and approximately $406,000 in short positions. The loss from this closing was approximately $7,359.

Address: 0x7b7f72a28fe109fa703eeed7984f2a8a68fedee2

According to Odaily monitoring, a contract account of a certain address has accumulated profits exceeding $25 million. Between 21:22 and 22:17 on October 16, 2026, it added approximately $11.02 million in XYZ100 short positions while closing approximately $896,000 in short positions. As of 22:18, its XYZ100 short position value increased to approximately $28.13 million, a net increase of approximately $10.11 million from the previous approximately $18.12 million.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06

Odaily: Bitcoin News posted on X that France is considering a 31.4% capital gains tax on certain Bitcoin-to-stablecoin conversions, an exit tax on crypto assets worth more than €800,000, and mandatory reporting of self-custodied wallet assets valued at no less than €100,000. The related proposals also include allowing crypto asset losses to be carried forward for 10 years, but none have yet become law; the French National Assembly has rejected the revenue portion of the 2027 budget, and the relevant measures still need to be resubmitted for deliberation.

Odaily News: After the U.S. stock market opened, the TSLA contract price dropped to $364.8, a decline of about 1.3%, briefly falling below the approximately $365.3 level seen at the start of the Roadster unveiling event, with all gains after the event once fully erased. A whale holds a TSLA short position worth about $10.5 million. The position had previously shown an unrealized loss of about $310,000 and now shows an unrealized gain of about $66,000, and remains open. Another whale's TSLA long position suffered partial liquidation, with about 2,093 contracts forcibly liquidated, worth about $764,000, resulting in a loss of about $27,800. This address still holds about 6,697 TSLA long contracts, using 20x cross margin leverage, worth about $2.45 million, with an unrealized loss of about $84,000, and the liquidation price of the remaining position is about $361.8.

Odaily reports: Lido on the X platform introduced the Fallback Exits mechanism adopted by its in-development lending product Lido Lend. This mechanism allows lenders to complete full or partial withdrawals by seizing borrower collateral when the borrowed asset lacks sufficient liquidity, providing lenders with an additional exit channel.

According to the introduction, Lido Lend is built on a modified version of Morpho Blue, using isolated lending markets composed of related assets, such as wETH and wstETH, and USD stablecoins and U.S. Treasury RWA. When the Fallback Exits mechanism is triggered, borrowers whose loan-to-value ratio (LTV) is closest to the liquidation threshold (LLTV) will be affected first, and their outstanding debt will be reduced accordingly.

Lido stated that specific technical specifications and market parameters will be announced within the next two weeks, and Lido Lend will be deployed to mainnet after completing the DAO governance process.

Odaily reports: Cobo Wallet has announced that its App services will officially shut down on December 1, 2026. Users must transfer out all assets and update any Cobo Wallet receiving addresses previously set on other platforms before 23:59 on November 30, 2026. For assets not transferred out after the deadline, Cobo will charge a monthly management fee of 2% of the remaining account assets, with a minimum monthly charge equivalent to $100.

Odaily News: Bitcoin mining service provider Sazmining has announced the launch of an individual purchase program that allows customers to directly own immersion hashboards developed by Proto, the Bitcoin mining hardware division of Jack Dorsey's company Block. Sazmining will handle installation, operation, and maintenance at its U.S. mining sites, and any Bitcoin mined will be sent directly to the customer's personal wallet.

Each hashboard is priced at $4,187, with a down payment of $1,397 and the remaining amount payable over 18 months with zero interest. The equipment is expected to begin operating between November and December 2026, with roughly 200 TH/s of computing power per board and energy efficiency of about 15 J/TH.

Sazmining will charge a flat rate for electricity and maintenance fees and provide customers with hashboard operation services. Founded in 2018, the company operates mining sites in the United States, Paraguay, and Norway, serving both individual and institutional customers. (Bitcoin.com News)

Odaily reports that decentralized perpetual contract trading platform Lighter posted on X teasing that "options season" is coming, hinting at plans to launch options trading products. The official launch date and product details have not yet been disclosed.

Odaily News: French hardware wallet manufacturer Ledger received multiple reports of malicious implants months before its latest security crisis occurred. Former Mt. Gox CEO Mark Karpelès stated that at least two people had contacted Ledger since December 2025 to report tampered devices, but no public warning was found to have been issued.

Security researcher Joe Grand stated that on March 4, 2026, he reported a malicious implant to Ledger. The implant was found in a Nano X purchased through Lazada in Thailand in August 2025. Ledger confirmed the findings and said it would launch an internal investigation, but did not proactively alert customers.

Mark Karpelès believes that the increase in the number of reports and the growing sophistication of the techniques used should prompt Ledger to take action and at least remind customers to remain cautious. Ledger declined to comment on how it handled Joe Grand's disclosure, only directing people to view its public statement on X.

The Ledger security crisis became public on October 9, involving the loss of crypto assets from wallets sold by Southeast Asian authorized reseller CryptoBilis; Ledger confirmed that one affected device contained an unauthorized implant. Trezor had also previously received reports involving devices tampered with by unauthorized sellers. (Cointelegraph)

Odaily reports: According to an official announcement, Gate Pre-IPOs' inaugural project SpaceX (SPCX) will conduct its fourth batch of stock rights unlock on October 17 at 20:00 (UTC+8). The total unlock amount this time is 11,865 SPCX (calculated based on the quantity after a 1:5 stock split), corresponding to 7% of the target company's original total allocation. Previously, 41% of the stock rights have been unlocked, with the remaining proportion at 59%. Therefore, this unlock will be converted based on 11.86% of users' actual SPCX holdings at the time of snapshot, and the corresponding stocks will be distributed directly to Gate stock accounts at a 1:1 unlock ratio.

The scope of this unlock includes SPCX that users previously acquired and held through Pre-IPOs subscriptions, as well as SPCX purchased subsequently; SPCX that has already been sold will not be included in this round of unlock. Users are advised to check their SPCX holdings and pending orders in advance to ensure that the SPCX used for this unlock is in an available state.

Gate is the industry's first platform to support Pre-IPO share unlocking and directly distribute listed company stocks to users. This is the fourth batch of 7% stock unlock for SpaceX (SPCX). The remaining portion will be processed promptly in accordance with the target company's unlock rules, subject to Gate's official announcements.

Odaily News: According to weekly DeFi data released by Sentora, DeFi total value locked (TVL) fell by $1.34 billion over the past 7 days to $122.25 billion; stablecoin supply decreased by $1.35 billion over the same period to $305.24 billion. Sentora believes that the similar magnitude of decline in both metrics suggests capital may be exiting the on-chain market.

Other data shows that RWA total value locked dropped to $4.04 billion, and Ethereum's share of TVL fell to 57.79%. In the DeFi lending market, the volume of high-risk loans within 5% of their liquidation price dropped to $6.72 billion, down $395 million from last week.

Meanwhile, the stablecoin available liquidity ratio rose 1.37 percentage points to 21.40%, and the ETH available liquidity ratio rose 1.20 percentage points to 18.80%.

Odaily News: Changxin Technology announced that it expects to achieve operating revenue of 265 billion to 270 billion yuan in the first three quarters of 2026, a year-on-year increase of approximately 7.3x to 7.4x; net profit attributable to shareholders of the listed company is expected to be 131 billion to 132.5 billion yuan, compared with a loss of 5.28 billion yuan in the same period last year, achieving a year-on-year turnaround to profitability.

Changxin Technology stated that the performance growth was mainly driven by factors such as continued growth in AI computing power demand and improvement in the DRAM industry's prosperity, with related products in short supply and prices rising significantly. At the same time, the company continues to advance production capacity construction, product research and development, and process technology upgrading.

In addition, the company's chairman Zhu Yiming proposed to repurchase 1 billion to 2 billion yuan of the company's shares, with the repurchased shares intended for employee equity incentives, employee stock ownership plans, or reducing registered capital. The relevant plan still needs to go through review procedures. (Jinshi)

Odaily News: According to MSX.COM data, Strategy shares fell 4%. This follows MSCI's warning that Strategy may be removed from its global index.

According to Reuters, MSCI has decided to exclude companies that meet the criteria for being classified as non-operating companies from its global investable market indexes, and Strategy has been placed on the potential removal list. MSCI will announce the final list on November 11, and the related adjustments will take effect after the close on November 30.

Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones rose 0.3%, the S&P 500 gained 0.12%, the Nasdaq fell 0.17%, and the VIX fear index dropped 3.77%. AI-related stocks broadly declined, with CoreWeave down 7.3%, Micron down 3.49%, Astera Labs down 2.89%, Arm down 2.8%, and KLA down 2.58%.

It is reported that MSX is a leading RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token assets such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest data from Gate, the price of gold fell to $4,161.4 per ounce, down 0.24% intraday. The price of silver fell to $57.436 per ounce, up 0.72% intraday.

In forex, the US dollar fell 0.06% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.68534. The US dollar rose 0.03% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 158.042.

In global stock indices, the Euro Stoxx 50 (EUSTX50) rose 0.13% intraday to 6,218.27 points; the UK FTSE 100 (UK100) rose 0.55% intraday to 10,862.8 points; the German DAX 40 (GER40) rose 0.79% intraday to 25,678.7 points.

In commodities, WTI crude oil rose 0.04% intraday to $97.95 per barrel. Brent crude oil rose 0.23% intraday to $107.91 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the multi-asset allocation experience.