According to BlockBeats, Bridgewater Associates founder Ray Dalio has expressed concerns about the current state of U.S. quantitative easing. He argues that while past quantitative easing efforts by the Federal Reserve served as a stimulus during economic downturns, the current approach is stimulating a financial bubble. Dalio highlights that when the supply of U.S. Treasury bonds exceeds demand, and the Federal Reserve is actively printing money and purchasing bonds, while the Treasury Department shortens the maturity of debt issuance to address the lack of demand for long-term bonds, these actions are indicative of the late stages of a classic 'big debt cycle.' The fiscal policies of the U.S. government are currently highly stimulative, driven by substantial existing debt and large deficits, financed through significant Treasury issuance, particularly at shorter maturities. Dalio suggests that this form of quantitative easing effectively monetizes government debt rather than simply reinjecting liquidity into the private sector. He warns that the current situation is distinct and potentially more dangerous and inflationary. Dalio describes it as a bold and risky gamble on growth, particularly growth driven by advancements in artificial intelligence, financed through liberal fiscal, monetary, and regulatory policies. He emphasizes the need for close monitoring to manage these dynamics effectively.

币安在 X 宣布，币安 Alpha 将上线 Folks Finance（FOLKS），Alpha 交易将于 2025 年 11 月 6 日 20:00（UTC+8）开始。持有至少 226 个币安 Alpha 积分的用户可申领代币空投。在 Alpha 活动页面申领12个 FOLKS 代币空投。若活动未结束，则分数门槛将每五分钟自动降低 5 分。本次申领空投将消耗 15 个币安 Alpha 积分。用户需在 Alpha 活动页面 24 小时内确认申领，否则视为放弃领取空投。

Moon Ga-bi criticised an AI-generated video that falsely showed her son’s face using her personal photos without permission. She confirmed her son’s face has never been revealed and called for people to stop spreading fake images and videos.

币安 Alpha 将上线 Folks Finance (FOLKS)，Alpha 交易将于 2025 年 11 月 6 日 12:00 (UTC) 正式开启。拥有至少 226 点币安 Alpha 积分的用户可按先到先得的方式领取 12 枚 FOLKS 代币的空投。如果奖励池未全部发放完毕，积分门槛将每 5 分钟自动降低 5 点。请注意，领取空投将消耗 15 点币安 Alpha 积分。用户必须在 24 小时内于 Alpha 活动页面确认领取，否则将被视为放弃领取。

ملخص تحليل الذهب اليوم الاتجاه العام للذهب: حيادى. نقاط دعم الذهب اليوم: 3970 – 3920 – 3850 دولار للاوقية. نقاط مقاومة الذهب اليوم: 4040 – 4090 – 4130 دولار للاوقية. توصيات تداول الذهب اليوم: بيع الذهب من مستوى المقاومة 4085 دولار والهدف 3900 دولار والاستوب 4120 دولار source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%b0%d9%87%d8%a8-%d9%8a%d8%ad%d8%a7%d9%88%d9%84-%d8%a7%d9%84%d8%aa%d9%85%d8%b3%d9%83-%d8%a8%d9%85%d8%b3%d8%aa%d9%88%d9%89-%d8%a7%d9%84-4000-%d8%af%d9%88%d9%84%d8%a7/148768

DeFiance Capital CEO Arthur 在 X 平台发文表示，近期他通过忽略所有宏观层面的干扰，转而专注于加密原生的供需因素，交易表现更好。他认为，除非美国传统金融的参与者通过交易所以实际行动大规模买入，否则他们看涨加密货币的言论都是虚假的。加密市场中大部分边际风险资本仍由离岸和韩国的中心化交易所驱动，而这些交易所在过去几个月已进入长期下滑趋势。

Galaxy Digital lowers its year-end bitcoin target from $185,000 to $120,000 due to slowing momentum in the ‘maturity era’ of the bitcoin market. source: https://www.cryptopolitan.com/galaxy-cuts-bitcoin-price-target/

According to PANews, the CEO of DeFiance Capital has emphasized a shift in focus towards internal supply and demand factors within the cryptocurrency market, rather than macroeconomic influences. He noted that while U.S. traditional finance professionals often express bullish sentiments towards cryptocurrencies, their actual engagement remains limited. Additionally, he pointed out that the marginal risk capital in the current crypto market primarily originates from offshore and South Korean centralized exchanges (CEX). However, these exchanges have experienced a structural decline in trading volumes over the past several months.

ملخص تحليل اليورو دولار اليوم الاتجاه العام: هبوطى. نقاط الدعم لليورو دولار اليوم: 1. 1470 – 1. 1400 – 1 source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d9%81%d9%86%d9%8a-%d8%a7%d9%84%d9%8a%d9%88%d8%b1%d9%88-%d8%af%d9%88%d9%84%d8%a7%d8%b1-eur-usd/%d9%87%d9%84-%d9%85%d9%86-%d8%a7%d9%84%d9%85%d9%85%d9%83%d9%86-%d8%aa%d8%b1%d8%a7%d8%ac%d8%b9-%d8%ae%d8%b7-%d8%a7%d9%84%d8%a7%d8%aa%d8%ac%d8%a7%d9%87-%d8%a7%d9%84%d8%b1%d8%a6%d9%8a%d8%b3%d9%8a-%d9%84/148765

Key Takeaways: Ethereum fell under $3,000 for the first time in months amid heavy liquidations. source: https://coindoo.com/whales-accumulate-1b-in-ethereum-as-analysts-warn-of-fragile-recovery/

Arthur Hayes 在 X 平台发文表示，ZEC 的下一个目标价是 1000 美元，并希望所有空头继续做空。

如果OpenAI没有成功，会给经济带来怎样的影响。

OpenAI has asked the US government to provide loan guarantees to help fund its trillion-dollar AI infrastructure plans. The company aims to lower borrowing costs and attract more investors while delaying profitability and an IPO.

Bybit Pay, the payments arm of the world’s second-largest crypto exchange, has officially set foot in Sri Lanka after launching operation in a country where tourism and crypto meets.

理解近期的下跌，以及加密货币接下来最有可能的走向。

Stream xUSD实为伪装成DeFi稳定币的"代币化对冲基金"，宣称采用Delta中性策略。如今该基金已在疑点重重的状况下资不抵债。

BTC,杠杆交易,永续合约,DeFi清算,交易所,Bankless：为何当前加密市场情绪如此悲观？ 金色财经,10月的闪崩、收益率泡沫以及时间轴上的糟糕氛围。

Michael Saylor continues his unwavering focus on Bitcoin as his company, Strategy, has filed for an initial public offering (IPO) of shares denominated in euros. The move marks a significant shift in direction for the company, designed to raise funds specifically for purchasing more Bitcoin while expanding into new capital markets.

Canton代表的是RWA赛道一个相对务实的方向，但它能走多远，一是取决于监管政策的演进速度，二是取决于传统金融巨头拥抱链上化的决心。

Ripple has confirmed it has no plans to go public, choosing to stay private despite other crypto firms launching IPOs. The company raised $500 million at a $40 billion valuation to fund its global expansion and product development.