News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →Brazil’s Stock Market Crashes After Lula’s Upset Victory
Brazil’s stock market lost more than $200 billion in value at the open on Monday after President Luiz Inácio Lula da Silva beat Senator Flávio Bolsonaro in Sunday’s runoff, a result that prediction markets had priced at roughly a one in five chance. The iShares MSCI Brazil ETF, ticker EWZ, a basket of Brazilian stocks that trades in New York like a single share, fell as much as 26% from Friday’s close of about $42.60, touching $31.40 before trimming the loss to about 23% at $32.84 by 10:38 a.m. ET. That is memecoin-sized volatility for a fund built around Brazil’s biggest companies, and it leaves EWZ roughly where it started 2026 after a 34% gain through Friday. The dollar rose as much as 12% against the real on Friday, while the Ibovespa, Brazil’s benchmark stock index, fell as much as 17% to about 170,000 points. For a dollar-based investor, those moves at their worst combine to a loss of about 26%, in line with the ETF’s low. B3, the São Paulo exchange, halted trading for 30 minutes after the Ibovespa fell 10% from Friday’s close, its first circuit breaker since the COVID-19 pandemic. A circuit breaker is an automatic pause meant to slow panic selling, but the index kept sliding after trading resumed. Investors had been positioning for the opposite result since Bolsonaro unexpectedly finished first in the Oct. 4 first round, with 47.03% of valid votes to Lula’s 45.16%. The Ibovespa jumped 7.85% the next day and EWZ gained more than 10% on bets that Bolsonaro would tighten public finances and open the way to lower interest rates. Monday’s drop erased that rally and, at its lows, left the Ibovespa about 11% below its Oct. 2 close. But Lula didn’t just beat Bolsonaro, he also beat prediction markets. Polymarket gave Bolsonaro an<a href="https://x.com/Polymarket/status/2114003200017575948" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> 82% chance</a> of winning the day before the vote, and Kalshi had him near 80% on Sunday morning. Both platforms are<a href="https://decrypt.co/resources/what-are-decentralized-prediction-markets-myriad-polymarket-kalshi" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow"> prediction markets</a>, where a contract that pays $1 if a candidate wins trades at 80 cents when traders see an 80% chance. Polling pointed to a coin flip rather than a favorite, with the latest Datafolha survey tied at 50% each among valid votes and CNT/MDA showing Bolsonaro ahead 50.5% to 49.5% in mid-October. Lula won 51.79% to 48.21%, a margin of about 4.4 million votes, according to Brazil’s Superior Electoral Court. Bolsonaro said on Sunday night that he does not recognize the result and will ask the courts to annul the election, after pledging in August to respect the outcome. He objected to Supreme Court Justice Cristiano Zanin’s decision to extend voting until 7 p.m. at the request of Lula’s campaign, which he said changed the rules midgame. His own campaign had separately asked for extr
Meme coin and AI agent launch platform Bullshot completes $7.7 million in funding
币界网消息，Meme币和AI代理发行平台Bullshot完成770万美元融资，由P2 Ventures和Animoca Brands领投，参投方包括AWS、B1 Ventures、Becker Ventures、Poolz Ventures、Credit Scend、Panoray Venture、Genesis Capital、Crypto Paradise、TBV、Oneam Capital、Invest Dr、Summit Golden Limited、3Gen Digital HK Limited和Black Tita。
Financial Associated Press, October 27 — The foreign ministers of Iran and Egypt held a phone call to discuss the situation in the Middle East, emphasizing the need to maintain stability through diplomatic means.
CoinWorld news, Cailian Press, October 27: The foreign ministers of Iran and Egypt held a phone call to discuss the situation in the Middle East, emphasizing the need to maintain stability through diplomatic means.
Zhejiang: encourage more private enterprises to "take the lead" in fields such as artificial intelligence
On the 27th, Zeng Xiaopeng, Deputy Director of the Zhejiang Provincial Department of Science and Technology, stated that Zhejiang will thoroughly implement measures related to enterprises leading scientific and technological research and the transformation of achievements, giving enterprises more of the "right to set the questions," the "right to lead," and the "right to evaluate" in innovation, so that more private enterprises can "take the lead" in fields such as artificial intelligence, integrated circuits, and biotechnology.
BTC saw a net capital inflow of 2,193.5793 BTC over the past 24 hours.
BiJie.com data: BTC saw inflows of 9,245.839 BTC and outflows of 7,052.2598 BTC over the past 24 hours, for a net inflow of 2,193.5793 BTC. This figure comes from the rolling 24-hour calculation of the same BTC fund distribution interface, with the net amount calculated as inflows minus outflows. It does not represent net exchange inflows, on-chain exchange flows, or institutional fund flows, and should not be conflated with deposit/withdrawal data from any single exchange. Compared with the same-calculation snapshot 24 hours ago, it is up 293.6%; compared with the same-calculation snapshot 7 days ago, it is up 194.36%.
Russia's latest attack marks a significant escalation of its military operations targeting our logistics.
According to CoinWorld news, Ukrainian President Zelensky: Russia's latest attack marks a significant escalation of Russia's military operations targeting our logistics.
Russia launched 16 ballistic missiles and more than 280 drones at Ukraine overnight.
Ukrainian President Zelensky: Russia launched 16 ballistic missiles and more than 280 drones at Ukraine overnight.
VIX期权Put/Call比报0.33
CoinWorld US stock data: The VIX options Put/Call ratio is 0.33, with call option trading volume higher than put option volume on the day. Compared with the same-caliber snapshot 7 days ago, it is down 0.1.
Iran's news agency: Countries are accelerating the withdrawal of gold from New York to avoid becoming geopolitical "hostages."
According to a report by CoinWorld, the Iranian news agency wrote in an article that against the backdrop of tensions created by Trump, distrust of the United States among various countries has intensified. In recent months, multiple countries, including close U.S. allies, have taken action to transfer gold reserves stored in New York vaults to other locations. This move not only reflects countries' emphasis on geopolitical risks but also demonstrates control over their core reserve assets, carrying significant symbolic meaning.
Binance applies to Brazil's central bank for a cryptocurrency license and delists 22 crypto assets.
Binance has submitted an application for a cryptocurrency service provider license to the Central Bank of Brazil through its entity Bbrasil, and has adjusted its services for Brazilian users, restricting cryptocurrency lending and margin trading while delisting 22 crypto assets. Thiago Sarandy, General Manager of Binance Brazil, said the company hopes to maintain an ongoing dialogue with the Central Bank of Brazil in order to potentially restore some products that were suspended in order to comply with regulations.