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Bitcoin only needs a 15% move upward to liquidate $17B in shorts, setting the stage for a potential explosive short squeeze.$17 Billion in Shorts at Risk as BTC Nears Critical LevelWhy the Market Is Watching CloselyIs a Short Squeeze Imminent?

Steak 'n Shake cuts 50% in fees by accepting Bitcoin globally. A major step forward in crypto adoption!Bitcoin Cuts Fees for Steak ‘n ShakeWhy This Matters for CryptoWhat’s Next?

SEC Chair Paul Atkins says the U.S. is 10 years behind in crypto regulation, calling it the agency’s top priority moving forward.SEC Chair: Catching Up on Crypto Is ‘Job One’Regulatory Delay Costs the U.S. LeadershipWhat This Could Mean for the Industry
- 08:17Grayscale releases latest Solana report: SOL's inflation-adjusted return is about 3%, with an average transaction fee of only $0.02 year-to-date.On October 19, according to the latest report released by Grayscale on Solana, Solana currently leads in users, trading volume, and transaction fees, which are the three most important metrics for measuring blockchain activity. The Solana ecosystem collects approximately $425 million in fees per month, with annualized revenue exceeding $5 billion. Solana stands out in a highly competitive market by offering fast, low-cost transactions and an attractive new user experience. On-chain transaction costs have remained relatively low, with users paying an average transaction fee of only $0.02 so far this year. The supply of SOL tokens is currently growing at an annual rate of about 4% to 4.5%. In addition, SOL stakers can earn a nominal return rate of about 7%, so the actual (inflation-adjusted) return rate for SOL stakers is about 2.5% to 3%. If the Solana network develops over time—with more users, more transactions processed, and more fees earned—Grayscale believes that investors can expect the price of SOL to rise.
- 08:10El Salvador has accumulated 8 more BTC in the past 7 days, bringing its total holdings to 6,354.18 BTC.According to ChainCatcher, El Salvador has accumulated an additional 8 bitcoins, bringing its total bitcoin holdings to 6,354.18, with a total value of $678.7 million.
- 08:00China holds 60% of global artificial intelligence patents, becoming the world's largest holder of AI patents.According to a report by Jinse Finance, at the sub-forum of the 22nd Shanghai International Intellectual Property Forum, Cui Lingling, General Manager of the Patent Affairs Department of Baidu, stated that China's number of artificial intelligence patents now accounts for 60% of the global total, making it the world's largest holder of AI patents. An increasing number of innovators are actively investing in the AI field, and China's technological innovation and iteration vitality are continuously strengthening. (Golden Ten Data)