Topics of Crypto World

Gate Research Daily Report: On October 31, BTC experienced a rapid pullback from its high followed by a short-term rebound; ETH continued its downward trend but showed signs of stabilizing at the lows; GT stabilized and rebounded around $12.57 after repeatedly breaking support; JELLYJELLY rose approximately 40.56% within 24 hours. Strategy’s Q3 profit fell to $2.8 billion, and Bitcoin’s premium hit an 18-month low; Ethereum officially scheduled the Fusaka upgrade for December 3; after a pullback, Ethereum rebounded in the evening, with its trading range narrowing.

Gate, a global leading cryptocurrency exchange, has announced the official launch of CrossEx, its pioneering cross-exchange trading and clearing platform. Designed for professional investors, quantitative teams, and institutional clients, CrossEx serves as an all-in-one trading infrastructure that connects multiple exchanges, aiming to break existing barriers and enable unified management and efficient coordination of assets and strategies across platforms.

Since mid-October 2025, BTC and ETH have remained in a high-level consolidation phase, with price structures and volatility showing clear divergence while short-term momentum has weakened. In the derivatives market, leveraged positions have undergone deleveraging followed by gradual recovery, with ETH positions displaying stronger resilience. On October 10, long-position liquidations exceeded $19 billion, reflecting mounting pressure at higher price levels and fading short-term confidence. Overall structure remains stable, though the rebound momentum appears limited. In terms of quantitative strategies, the RSI-based reversal model has performed solidly in assets such as BTC, delivering cumulative returns of around 50%. However, higher returns are still accompanied by greater volatility and drawdown risk. In contrast, the Gate Quant Fund focuses on market-neutral arbitrage and hedging strategies, emphasizing stable returns and robust risk management to provide investors with a more balanced and sustainable qu

Gate Research Daily Report: On October 31, BTC experienced a rapid pullback from its high followed by a short-term rebound; ETH continued its downward trend but showed signs of stabilizing at the lows; GT stabilized and rebounded around $12.57 after repeatedly breaking support; JELLYJELLY rose approximately 40.56% within 24 hours. Strategy’s Q3 profit fell to $2.8 billion, and Bitcoin’s premium hit an 18-month low; Ethereum officially scheduled the Fusaka upgrade for December 3; after a pullback, Ethereum rebounded in the evening, with its trading range narrowing.

Dive into Polymarket’s explosive growth in 2025 and explore how it leverages blockchain-based prediction markets, regulatory adaptation, and user-driven innovation to reshape the landscape of information trading and speculation—while uncovering early investment opportunities in the new market cycle.

In Q3 2025, the NFT market posted $1.58 billion in trading volume across 18.1 million sales transactions. With speculative activity waning and infrastructure development surging, utility-driven assets have emerged as the primary growth engine. From low-cost minting to sports and ticketing solutions, and platforms mandating royalties, NFTs are transitioning from a collectibles-based economy to a utility-driven one, marking the start of a new era of practical applications.

As speculative sentiment declines in 2025, a distinct group of winners remains in the crypto market. Rather than trading coins or chasing market trends, these individuals consistently earn stable returns through arbitrage. This article, based on in-depth interviews with four arbitrage professionals, reveals the evolution of their strategies: from manual trading-based arbitrage to high-frequency quantitative trading, and from airdrop harvesting to cross-chain arbitrage. Their experiences demonstrate a more measured and pragmatic approach to achieving sustained success in the cryptocurrency industry.

The article notes that while the x402 protocol is currently gaining significant adoption, the ERC-8004 standard—its complement and potentially more impactful counterpart—is emerging. It analyzes the relationship between the two protocols: x402 addresses payment challenges for AI Agents, while ERC-8004 focuses on Agent identity, reputation, and verification. The article indicates that ERC-8004 may represent a foundational infrastructure opportunity for the next phase of the Agent Economy.

Over the course of a ten-day AI trading model competition, six leading models—DeepSeek, Qwen3, Claude, Grok, Gemini, and GPT5—engaged in a head-to-head contest using identical sets of technical data inputs, yielding markedly different results. This article provides a comprehensive analysis of each model’s trading behavior, activity frequency, win rate, profit-to-loss ratio, and holding period. The results highlight that strategies emphasizing low trade frequency, trend following, strict stop-loss controls, and high profit-to-loss ratios tend to be more profitable. Conversely, approaches characterized by high-frequency trading, low profit-to-loss ratios, and loose stop-loss rules are more susceptible to losses. The article further posits that AI is transitioning from a “research tool” to an active “live trading agent,” with its decision-making frameworks offering valuable lessons for human traders.

This article provides an in-depth analysis of how stablecoin systems are quietly becoming "narrow banks" within the financial landscape. Stablecoins absorb substantial fiat-pegged assets backed by U.S. Treasury bonds, and in doing so, they siphon capital from the traditional banking sector. The author describes this as a "liquidity black hole," emphasizing that the rapid growth of stablecoins could undermine banks’ credit creation processes and disrupt monetary policy transmission. This development introduces novel systemic risks that are transnational and blockchain-based, moving beyond conventional finance.

The article highlights the increasing volume of Ethereum staking and offers an in-depth analysis of client adoption across execution and consensus layer nodes, along with insights into node geographic distribution and cloud service utilization.

This article systematically reviews the current development of Web3 prediction markets. It provides an in-depth analysis of the technical architecture, business models, market dynamics, and compliance challenges of top platforms. As financial instruments leveraging collective intelligence to predict future events, prediction markets have experienced exponential growth in 2024 and 2025.

The article offers an in-depth analysis of Polymarket's technology and market performance, while also examining its potential for practical use cases including hedging, arbitrage, and liquidity provision.

This report highlights that as of August 2025, the global stablecoin market capitalization has reached $280 billion, with annual on-chain settlement volumes surpassing $30 trillion. Stablecoins are evolving from mere crypto trading instruments into global financial infrastructure. This explosive growth is driven by regulatory implementation and the entry of major enterprises. The enactment of the GENIUS Act, the Stablecoin Bill, and the MiCA Regulation mark the beginning of a “compliance grand era” for stablecoins. Their model has advanced into a “Peg + Yield + Application” triad, expanding across payments, yield generation, and real-world applications. At the same time, competition has shifted from “token battles” to “infrastructure battles,” with players such as Tether, Circle, Stripe, and Alchemy Pay building proprietary blockchains to capture dominance in payments and settlements.

This article reviews the evolution of Crypto Private Wealth Management (Crypto PWM), highlighting its shift from traditional “human + bank” relationship models to an open digital ecosystem. With the growth of global high-net-worth individuals (HNWIs) and the maturing crypto market, Crypto PWM is entering a new stage of institutionalization and regulation.