Soneium, a Layer2 network under Sony, announced that the second season event has been completed, and users with a score of 80 points or above can mint NFT badges. The distribution this time is divided into two phases: the first phase is for users with scores of 84-100 points, and the second phase is for users with scores of 80-83 points. The NFT badges distributed in the two phases are completely identical.

On October 27th, according to the announcement of Huobi HTX, Huobi HTX will open the deposit service for PING at 17:00 on October 27th (GMT+8). PING/USDT spot trading will open at 19:00 on October 27th (GMT+8). The withdrawal service for PING will open at 19:00 on October 28th (GMT+8).

 the market shows that BTC has fallen below $115,000, now trading at $114,990, with a 24-hour increase of 2.84%. The market is fluctuating significantly, so please be prepared for risk control.

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spot gold fell 2% intraday to $4023.82 per ounce.

 the market shows SOL fell below $200, now trading at $199.95, with a 24-hour increase of 2.96%. The market is fluctuating greatly, please be prepared for risk control.

Pan Gongsheng, Governor of the People's Bank of China, stated at the 2025 Financial Street Forum Annual Meeting today that in recent years, virtual currencies issued by market institutions, especially stablecoins, have continued to emerge, but overall they are still in the early stages of development. International financial organizations and financial regulatory authorities such as central banks generally hold a cautious attitude towards the development of stablecoins. Ten days ago, at the IMF/World Bank Annual Meeting held in Washington, stablecoins and the potential financial risks they may pose became one of the most discussed topics among finance ministers and central bank governors from various countries. The common view mainly focuses on the fact that stablecoins, as a financial activity, currently cannot effectively meet the basic requirements in terms of customer identification, anti-money laundering, etc., amplifying the loopholes in global financial regulation, such as money laundering, illegal cross-border fund transfers, terrorist financing, etc. The market speculation and speculation atmosphere is strong, increasing the vulnerability of the global financial system and impacting the currency sovereignty of some underdeveloped economies. Since 2017, the People's Bank of China, together with relevant departments, has successively issued multiple policy documents to prevent and deal with the risks of speculation in domestic virtual currency trading, and these policy documents are still effective. Next, the People's Bank of China will continue to crack down on the operation and speculation of domestic virtual currencies in cooperation with law enforcement agencies, maintain economic and financial order, and closely monitor and dynamically assess the development of stablecoins overseas. (Financial Frontline)

 Gina Bolvin, President of Bolvin Wealth Management Group, expects the Fed to cut interest rates by 25 basis points this week and in December. She said that in order to significantly reduce long-term US bond yields, there must be clear evidence that the Fed's interest rates are heading towards the 2% level. Bolvin pointed out that the biggest risk facing the market at the moment is that if employment remains resilient, policies supporting economic growth may put pressure on inflation, and the Fed may not need to cut interest rates as expected by the market, causing the bond market to need to be repriced.

 according to the data of the Hong Kong stock market, as of the close, the turnover of 6 Hong Kong virtual asset ETFs today was 40.8242 million Hong Kong dollars, including: Huaxia Bitcoin ETF (3042.HK) with a turnover of 19.52 million Hong Kong dollars, Huaxia Ethereum ETF (3046.HK) with a turnover of 15.1 million Hong Kong dollars, Jiashi Bitcoin ETF (3439.HK) with a turnover of 0.7419 million Hong Kong dollars, Jiashi Ethereum ETF (3179.HK) with a turnover of 0.5322 million Hong Kong dollars, Boshi HashKey Bitcoin ETF (3008.HK) with a turnover of 2.22 million Hong Kong dollars, and Boshi HashKey Ethereum ETF (3009.HK) with a turnover of 2.71 million Hong Kong dollars.

On October 27th, according to Cryptoquant data, Evernorth Holdings has accumulated 388,710,606.03 XRP (about 9.94 billion US dollars), becoming one of the major XRP institutional investors. The company, backed by Ripple, plans to go public through a SPAC merger with Armada Acquisition Corp II (NASDAQ: AACI), aiming to raise over 1 billion US dollars to expand its XRP reserves.