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More →Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that timeline. Standard Chartered-backed stablecoin venture Anchorpoint says it will take a cautious approach to opening its Hong Kong dollar-backed stablecoin to retail users, declining to confirm a launch date after rival HSBC rolled out RedCoin, <a href="https://www.scmp.com/business/cryptocurrency/article/3372060/standard-chartered-led-anchorpoint-plans-retail-stablecoin-hsbc-redcoin-launches" rel="nofollow noopener" target="_blank">>according</a> to the South China Morning Post. The <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">venture</a> released its institutional stablecoin product in August and previously <a href="https://anchorpoint.hk/faqs/" rel="nofollow noopener" target="_blank">>indicated</a> a retail offering could arrive as early as the end of 2026. Anchorpoint CEO Dominic Maffei declined to confirm that timeline at a Friday press conference, saying the company would take a prudent approach. “We believe it’s important to build the market out in a long-term, sustainable manner,” Maffei said, adding that rushing a launch “does not make sense.” The update comes after <a href="https://cointelegraph.com/news/hsbc-launches-redcoin-hong-kong-dollar-stablecoin-payme" target="_blank" rel="nofollow">HSBC launched its Hong Kong dollar-backed RedCoin</a> on Friday for the 3.3 million users of its PayMe app. <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">Anchorpoint grew out of a partnership</a> between Standard Chartered, Animoca Brands and telecommunications provider HKT, which was announced in February 2025, following their joint participation in Hong Kong’s stablecoin issuer sandbox in July 2024. Animoca’s role is to bring its blockchain expertise and industry network to the venture and help develop uses for the stablecoin across the Web3 ecosystem. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/hashkey-begins-beta-distribution-of-hong-kong-regulated-hkdap-stablecoin" target="_blank" rel="nofollow"><em><strong>HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin</strong></em></a>
The scope of the crude oil spill off the coast of the UAE has expanded, and multiple beaches have been closed.
Bitcoin World news, satellite images show that an oil spill from a damaged tanker off the coast of the United Arab Emirates is expanding, leading to more beach closures and raising concerns about environmental impact. Images captured on October 24 by the European Union's Copernicus satellite observation network show that over the past few days the oil spill has continued to expand, with large patches of dark oil pollution appearing on the sea surface near the coast of the northern emirate of Umm Al Quwain and spreading along the coastline. The UAE said on Friday that relevant departments are taking measures to control the situation, and the Ministry of Climate Change and Environment has also begun an environmental assessment. Experts said the source of the spill is a tanker named gem no.2. Shipping industry sources said the vessel was attacked by an unidentified flying object and caught fire last month, and the fire was subsequently extinguished. Authorities in several northern emirates of the UAE have taken response measures to restrict public access to coastal areas.
JP Morgan将Boot Barn目标价下调至248美元
CoinWorld news, JP Morgan lowered the target price of Boot Barn Holdings, Inc. from $282 to $248.
German business outlook improves unexpectedly for a sixth consecutive month.
According to a report by Bihang, German business sentiment unexpectedly improved for a sixth consecutive month, highlighting that the country's economy is recovering from a prolonged downturn. The expectations index published by the German ifo Institute for Economic Research rose to 91.6 in October from 90.4 the previous month; economists had expected it to edge down to 90. Meanwhile, the index measuring the current economic situation unexpectedly declined slightly. ifo President Clemens Fuest said: "The economic recovery is continuing, although companies' assessments of the current situation are somewhat more pessimistic." Despite inflation triggered by the Iran war and heatwaves disrupting transport on key waterways, Germany, Europe's largest economy, has still performed surprisingly strongly this year. Large-scale spending on infrastructure, defense, and AI has provided support for economic expansion. The German government recently raised its 2026 economic growth forecast to 1.3%.
SPY off-exchange short sale volume ratio reported at 57.08%
CoinWorld US stock data: SPY's off-exchange short selling volume accounted for 57.08% of the total that day. Compared with the same-caliber snapshot 7 days ago, it rose by 11.6483 percentage points.
Morgan Stanley: Semiconductor stocks' support level may be about 15% below current levels.
According to a report by Bijie Network, Morgan Stanley said that the pressure on semiconductor stocks may ease somewhat next month. The strategist team led by Mike Wilson maintained its forecast that the S&P 500 index will reach 8,000 points by the end of the year, but pointed out that semiconductor stocks, as a key sector, may find support at a level far below current levels. The strategist team said that as the market becomes doubtful about when the revenue opportunities brought by AI will materialize and how large they will be, semiconductors and other industries benefiting from capital expenditure are becoming the "epicenter" of financing concerns. They believe that it is normal for the market to pay attention to this supply pressure, and that such concerns are likely to persist until financing is completed. The good news is that the correction in the semiconductor sector has entered its "final stage" and is expected to end in mid-November. The bad news is that the sector may fall another 10% to 15%, and the Philadelphia Semiconductor Index may fall to around 9,500 points in the future.
Musk predicts a bloodbath in AI cloud services, with more than 200 companies facing bankruptcy.
According to a report from Bijie Network, Musk warned that more than 200 AI cloud service providers may face bankruptcy or consolidation as lenders tighten financing. In a tweet on October 25, he stated that the debt market has largely stopped providing financing to companies without major sources of revenue, meaning these emerging cloud service companies will face enormous pressure to survive. Musk also mentioned that only a few companies may survive. According to Gartner's forecast, by 2030, more than 80% of AI cloud service providers will cease to operate independently, and AI infrastructure spending is expected to face more than $3.5 trillion in impairment risk by 2030. Despite these concerns, Gartner expects spending on AI-optimized cloud infrastructure to grow from $66 billion in 2027 to $174 billion in 2030.
Shanghai: Accelerate the deployment of low-orbit and medium-orbit constellations, and explore the coordinated development of multi-orbit constellations and the planning and construction of computing-power constellations.
Jiemian News: [Shanghai: Accelerate the deployment of low-orbit and medium-orbit constellations, explore the coordinated development of multi-orbit constellations and the planning and construction of computing-power constellations] Cailian Press, October 26 — Shanghai has issued the "Shanghai Satellite Internet Industry Innovation and Development Action Plan (2027-2030)." It mentions exploring a multi-orbit coordinated development constellation system. Accelerate the deployment of low-orbit and medium-orbit constellations, explore the coordinated development of multi-orbit constellations and the planning and construction of computing-power constellations, and build an elastic, complementary, globally seamless space-ground integrated network. The constellation will have more than 3,000 satellites in orbit, complete the construction of the VDES system, strive for network capacity of more than 150 Tbps, and achieve constellation networking based on inter-satellite laser links.
German union leader criticizes Audi CEO for attending Trump event.
According to CoinWorld news, Christian Benner, chairman of the German metalworkers' union IG Metall, strongly condemned Audi CEO Gernot Döllner for attending Trump's campaign event in Georgia, calling the move "extremely embarrassing" and saying it has heightened tensions surrounding Audi's restructuring plan. At the event, Trump announced that Audi plans to invest about $4 billion to build a new plant near Macon to produce its largest SUV models. Döllner thanked Trump for his support at the time and called the project an "excellent opportunity" between Audi and the United States. Benner warned that labor representatives will have a say in how the plant plan moves forward, that worker representatives are still seeking guarantees for Audi and Volkswagen plants in Germany, and that any new U.S. plant would ultimately need approval from Volkswagen's supervisory board, where employees hold half the seats.
Chris Dixon：a16z crypto扩展为a16z frontier
According to CoinWorld news, a16z managing partner Chris Dixon said that expanding a16z crypto into a16z frontier stems from the gradually blurring boundaries between crypto and fintech, Wall Street, and mainstream technology. Stablecoins have become a common tool for fintech companies, and asset tokenization is also developing rapidly. The team will further explore frontier areas that have not yet been fully covered, continuing the approach of seeking investment opportunities from the second-order effects of technological development.