News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →DeepSeek and MiniMax receive global AI usage approval
BiJie Network news, according to Reuters, China's DeepSeek and MiniMax have received global approval for AI use, with the relevant news released by an entity affiliated with state media.
The Hong Kong Monetary Authority has designated 12 banks as market makers for offshore renminbi liquidity.
According to Biji.com, the Hong Kong Monetary Authority announced that, effective October 27, it has designated 12 banks as primary liquidity providers for the offshore renminbi market, with the relevant designation period to take effect after the current designation period ends.
Analyst: UK-listed company The Smarter Web acquires 20 bitcoins, bringing total holdings to 2,850.
According to CoinWorld news, the UK-listed company The Smarter Web ($SWC) recently purchased another 20 bitcoins, bringing its total holdings to 2,850. The company ranks 30th in the Bitcoin 100 ranking.
Volvo and Gucci earnings miss expectations, dragging European stocks lower.
Volvo and Gucci's earnings fell short of expectations, causing European stocks to decline for a second consecutive trading day. Disappointing results from companies such as Gucci, combined with concerns over high oil prices and the AI boom, weighed on the stock market. The European Stoxx 600 index fell 0.3%, with the automotive sector leading the decline. Volvo Cars' shares plunged as much as 25% after it reported a third-quarter loss. Gucci's third-quarter sales decline exceeded expectations, hindering the brand's multi-year turnaround process. Although the energy and construction sectors performed relatively well and led the broader market, European stocks have fallen nearly 4% from their August highs in recent weeks. Strategists at Barclays noted that the third-quarter earnings season for European and U.S. companies got off to a solid start, but the number of positive surprises decreased, and macroeconomic concerns also dampened the positive stock price reactions to earnings.
Volvo Car's stock plunged 31% on declining sales in China and the US and news of layoffs.
CoinWorld news, according to CNBC, Volvo Cars' stock plunged 31% due to deteriorating market conditions in China and the US as well as layoff news. The Swedish automaker noted that the "severe" market conditions have negatively impacted its free cash flow.
IMF: AI is expected to boost economic growth in the Middle East and Central Asia.
According to a report from Bijie Network, the International Monetary Fund (IMF) stated on the 22nd that the application of artificial intelligence technology is expected to boost the annual economic growth rate of the Middle East and Central Asia region by 0.1 to 0.6 percentage points in the medium term, with the specific increase depending on each country's level of digital development and its capacity to apply AI technology to production activities. The IMF's economic outlook report for the Middle East and Central Asia noted that the application of AI technology provides an important opportunity for the region's economies to raise productivity and strengthen growth momentum. Several Gulf countries, including the UAE, are increasing investment in the field of artificial intelligence. The report also mentioned that, affected by the US-Israel-Iran conflict, the economies of the Middle East, North Africa, Afghanistan, and Pakistan are expected to contract by 1.3% in 2026, but are expected to rebound with 6.6% growth in 2027. The IMF forecasts that the UAE economy will grow by 7.7% in 2027, 2.4 percentage points higher than its April forecast this year, and expects that investment in the field of artificial intelligence will raise the UAE's annual economic growth rate by about 0.5 percentage points.
Exchange-traded product options Put/Call ratio reported at 1.11
Coin World US stock data: The Put/Call ratio for exchange-traded product options is 1.11, with put option trading volume higher than call option volume on the day. Compared with the same-caliber snapshot 24 hours earlier, it decreased by 0.01; compared with the same-caliber snapshot 7 days earlier, it increased by 0.39.
New York Attorney General seeks $1.3 billion from Novatech founder
New York Attorney General Letitia James is seeking $1.3 billion from Novatech founders Cynthia Petion and Eddy Petion, while four promoters will return nearly $6 million in illicit gains and be permanently barred from the securities, commodities, and cryptocurrency industries, according to Bihang News.
Middle East spot crude oil prices fell, and transportation through the strait remains unimpeded.
Data from Bijing.com: Recently, spot crude oil prices in parts of the Middle East have declined. Despite the threat of attacks, producers and global traders have become more adept at transporting goods through the Strait of Hormuz. Asian refiners revealed that in recent days, the number of spot crude oil offers has increased, with sellers marketing cargoes at more competitive prices. A cargo of Iraqi Basrah Medium crude was sold via ship-to-ship transfer in the Gulf of Oman outside the Strait of Hormuz at a discount of nearly $10 per barrel to the Dubai crude spot benchmark. Brent crude oil futures contracts are on track for a third consecutive weekly gain, with prices on Friday reaching their highest level since May. Warren Patterson, head of commodities strategy at ING Group, said that although oil transport flows in the Middle East remain stable for now, the market is concerned about whether this stability can be sustained if attacks occur again.
DeFi total value locked daily snapshot reports 90.399 billion USD
CoinWorld data: The daily snapshot for 2026-10-23 shows that total DeFi TVL was $90.399 billion, a decrease of 1.87% compared with the previous statistical period on the same basis.