Galaxy Digital is transitioning from a cryptocurrency trading company to financial and data center services, having signed a contract for the Helios data center and started to follow long-term stable income. Its corporate fund management business has seen significant rise to reduce reliance on trading revenue fluctuations. This strategic transformation may change its future growth model, providing a more predictable source of income.

Author: Aki Wu said Blockchain
At the end of October 2025, Nvidia's stock price reached a historic high, with a market value exceeding $5 trillion, becoming the first company in the world to cross this market value threshold. Since the emergence of ChatGPT at the end of 2022, Nvidia's stock price has risen more than 12 times, with the AI revolution not only pushing the S&P 500 index to new heights but also sparking discussions about a technology valuation bubble. Today, Nvidia's market value even surpasses the total size of the entire cryptocurrency market, ranking just below the United States and China in terms of global GDP. It is remarkable that this superstar of the AI era once had a "honeymoon period" in the cryptocurrency field. This article will review Nvidia's tumultuous history with the cryptocurrency mining industry and why it chose to pivot towards AI.

Bank of America strategist Hartnett pointed out that although U.S. stocks are highly valued due to the AI boom, gold and Chinese stocks are effective hedging tools to cope with the potential risks of an AI bubble. He believes that AI stocks will continue to lead the market in the short term, but high valuations may trigger risks. Gold can hedge against inflation, and the Chinese stock market is performing strongly, especially showing potential in the generative AI sector.

Author: Abby Schultz; Source: Barrons
Affected by the fluctuations in the company's stock price, the rankings of the billionaires in the global rich list, dominated by technology giants, underwent a reshuffle in October.
Indeed, according to the Bloomberg Billionaires Index, Tesla CEO Elon Musk remains firmly seated as the world's richest person, with a net worth of $469 billion as of the end of October. Despite Tesla's stock price falling by 4.6% on Thursday, many AI stocks are also undergoing corrections, and this decline has not shaken his position. Oracle Chairman Larry Ellison holds steady in second place, with a net worth of $323 billion. Earlier this year, Ellison was ranked fourth on the Bloomberg Billionaires list, but due to Oracle's financial results disclosed on September 9, which greatly exceeded expectations, the stock price surged, allowing him to rise to second place by the end of the third quarter. He owns about 41% of this enterprise software manufacturer, making him the company's largest shareholder. According to Barron'

On October 28, the U.S. market launched three new crypto asset ETFs, among which Bitwise's Solana spot stake ETF attracted a large influx of funds and became the focus. In contrast, the ETFs for Hedera and Litecoin performed poorly. This listing marks an intensification of competition in the digital asset space, reflecting the opportunities brought by regulatory changes. More ETFs are expected to be listed in the future, and the innovative staking strategy of BSOL may impact market liquidity.

Two American brothers exploited a vulnerability in the MEV Bots to carry out a hacker attack, stealing approximately $25 million in Crypto Assets and engaging in extortion. The U.S. Department of Justice has filed criminal charges, classifying this behavior as a serious crime and emphasizing the necessity of legal regulation in the Blockchain sector.

The European Central Bank announced that the digital euro project has entered the preparation stage, with relevant regulations expected to be passed in 2026, pilot testing in 2027, and formal issuance in 2029. The digital euro will complement cash, enhance European monetary sovereignty, promote innovation among payment service providers and financial infrastructures, profoundly impact stablecoins and related financial projects, and may trigger global Central Bank digital currency competition.

The U.S. Secretary of Energy urges the Federal Energy Regulatory Commission to expedite the grid access approval for large electricity consumers such as BTC mining companies and AI data centers. The new regulations are expected to enhance grid resilience and attract more institutional investment.

Recently (around October 20, Eastern Time), Amazon's cloud services experienced a large-scale outage, which severely affected many blockchain systems in the encryption ecosystem, and even Ethereum was not an exception.
According to relevant data, approximately 37% of the nodes on the Ethereum mainnet are hosted on Amazon Cloud, thus these nodes have also become victims of this downtime incident. The offline status of these nodes has also affected the performance of the Ethereum mainnet.
So many people online began to echo: "The decentralization of Ethereum is fake."
Such events and their potential consequences were a frequent topic of discussion in the early encryption ecosystem. I remember reading quite a few articles on this subject when I first entered the encryption ecosystem. The predecessors at that time had already provided clear explanations on such issues, so during that era, these questions did not evoke such a response.
As time passes, perhaps the predecessors of that year have already left this ecosystem, or...

Author: Phyrex Source: X, @Phyrex\_Ni
To begin with, after the US stock market closed on Thursday, MSTR announced its financial report, with earnings per share of $8.42, exceeding market expectations of $7.90. The revenue for the third quarter was $128.7 million, while the market expectation was $118.3 million. MSTR's third-quarter financial report surpassed market expectations, and the after-hours price rose by more than 5%.
As of October 26, 2025, MSTR holds a total of 640,808 coins of $BTC , with a total cost of 47.44 billion USD, equivalent to a cost of 74,032 USD per Bitcoin. Currently, the BTC price is 107,300 USD, with a paper profit of 21.333 billion USD. Among them, the net profit (paper) for the third quarter is 2.8 billion USD.
This is a