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Pharmaceutical and defense industries are heavily investing in AI, yet concerns about overvaluation persist
Pharmaceutical and defense industries are heavily investing in AI, yet concerns about overvaluation persist

- Novartis acquires Avidity Biosciences for $12B to advance gene therapy and AI-driven drug development. - The deal reflects biotech's M&A trend, leveraging AI to accelerate innovation and reduce R&D costs. - Palantir and BigBear.ai see AI-driven growth through defense contracts, but face valuation risks amid high multiples. - Forbes survey highlights AI strategies in high-growth firms, with regional and sector adoption disparities. - Experts warn of valuation risks as AI-focused M&A surges, with execution

Bitget-RWA·2025/10/29 19:28
Bitcoin Updates Today: Bitcoin Shows Strength as Fed's Shift to Dovish Stance Eases Powell's Ambiguity
Bitcoin Updates Today: Bitcoin Shows Strength as Fed's Shift to Dovish Stance Eases Powell's Ambiguity

- Fed Chair Powell's speech triggered sharp Bitcoin swings, dropping 2% before rebounding amid mixed policy signals. - 3.75%-4.00% rate cut and QT pause injected liquidity, boosting crypto inflows as Bitcoin neared $113,000. - Political tensions and Trump's tariff rhetoric added volatility, though markets focused on Fed's dovish pivot. - 80% chance priced for December rate cut, with crypto markets embracing easing cycle despite Powell's uncertainty.

Bitget-RWA·2025/10/29 19:28
Ethereum News Update: Bitcoin Price Swings Trigger $2.95B Wave of Crypto Liquidations
Ethereum News Update: Bitcoin Price Swings Trigger $2.95B Wave of Crypto Liquidations

- Crypto market saw $2.95B in leveraged liquidations as Bitcoin surged past $116,000, triggering massive short position collapses and heightened volatility. - Ethereum faced $522M in 24-hour liquidations while ETHZilla liquidated $40M in ETH for share buybacks, raising concerns about price stability. - Traditional markets contrasted crypto turmoil with $170.6M in corporate buybacks, while Bitmain's $135M ETH purchase signaled institutional confidence. - Blazpay's $925.7K presale raised investor confidence

Bitget-RWA·2025/10/29 19:28
America’s Strategic Move in the Hemisphere: Aircraft Carrier Redeployment Heightens Strain Amid Unraveling Middle East Truce
America’s Strategic Move in the Hemisphere: Aircraft Carrier Redeployment Heightens Strain Amid Unraveling Middle East Truce

- U.S. deploys Ford Carrier Strike Group to Latin America to combat drug trafficking, escalating regional tensions and straining Venezuela-Colombia relations. - Trump's "narco-terrorism" strategy faces backlash as Maduro condemns operations and Colombia accuses U.S. forces of civilian casualties. - Shifting carriers to Latin America leaves Mediterranean/Mideast vulnerable, coinciding with Gaza ceasefire collapse and rising Israeli-Hamas clashes. - Analysts warn Ford's absence risks destabilizing Iran-Houth

Bitget-RWA·2025/10/29 19:28
Defying Memecoin Skeptics: $HUGS Blends Nostalgic Appeal with Blockchain Functionality
Defying Memecoin Skeptics: $HUGS Blends Nostalgic Appeal with Blockchain Functionality

- Milk Mocha ($HUGS) token combines deflationary mechanics with a 40-stage presale, burning unsold tokens to reduce supply and increase value. - The token powers a metaverse/gaming ecosystem with NFTs, in-game purchases, and physical merchandise, creating multi-layer utility for holders. - Community governance via DAO allows staking for 50% annual yield and voting on resources, aligning developer and user incentives. - Near-full whitelist and rising token prices highlight scarcity-driven access, prioritizi

Bitget-RWA·2025/10/29 19:28
Flash
21:01
BNB surpasses $660
According to Jinse Finance, market data shows that BNB has surpassed $660 and is now trading at $660.18, with a 24-hour increase of 1.04%. The market is experiencing significant volatility, so please manage your risks accordingly.
20:56
Trump: US-Iran Agreement Is Basically Settled, Awaiting Final Confirmation
US President Trump stated that an agreement between the US, Iran, and several other countries has basically been settled and is awaiting finalization. Investor Mark Connors said that Bitcoin may be entering a new phase of outperforming traditional assets, as its longest downturn relative to the S&P 500 ended in early May. He believes that persistent inflation, high oil prices, and a "long-term high interest rate" environment put pressure on bonds and may be favorable for Bitcoin.
20:49
The US-Iran agreement is nearly finalized, and BTC rebounds above $76,000.
Odaily reports: Market data shows BTC has rebounded and surpassed $76,000, currently trading at $76,800. ETH has rebounded and surpassed $2,100, currently trading at $2,130. Coinglass data indicates that in the past hour, $103 million was liquidated across the network; $12.809 million in long positions and $89.8094 million in short positions were liquidated. Among them, in the past hour, BTC saw $44.25 million liquidated across the network, while ETH saw $38.61 million liquidated. Previously, it was reported that Trump stated the US-Iran agreement was basically reached.
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