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XAI³ Core Team - Cryptocurrency News Updates Begin

Current time: 12:00 PM New York Time, 5:00 PM UTC.

"The key to investing is a deep understanding of the company you are investing in. The market provides new information every day, and news is an important source."

Hello everyone, we will begin providing continuous updates on today's cryptocurrency market news. Wishing all XAI³ core team members a week of successful profits.
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XAI³ reports, market sources say that SoftBank has approved the remaining $22.5 billion investment in OpenAI

XAI³ reports, U.S. President Donald Trump posted on the social media platform Truth Social, stating that Canada was caught red-handed running fraudulent ads that tampered with Ronald Reagan’s tariff speech.

The Reagan Foundation said that Canada “selected portions of President Ronald Reagan’s audio and video clips to create a promotional campaign that distorts the original meaning of his radio address,” and that “no permission or authorization was sought or granted prior to using and editing those remarks.”

In light of what it called Canada’s serious distortion of facts and hostile actions, Trump announced that the U.S. would impose an additional 10% tariff on top of Canada’s current tariff payments.

XAI³ reports, on the 25th local time, the Office of the Prime Minister of Canada released a joint statement regarding the situation in Ukraine.

It is understood that Ukraine, together with Canada, the United Kingdom, France, Germany, Italy, and 14 other countries, as well as the European Union and the Council of Europe—a total of 17 parties—jointly issued the statement.

The statement expresses the parties’ desire for a just and lasting peace for Ukraine. All sides firmly support an immediate ceasefire and propose using the current line of contact as the starting point for negotiations.

The parties reaffirm the principle that international borders must not be changed by force. The statement also notes that the parties are developing measures to make full use of Russia’s frozen sovereign assets to ensure Ukraine receives the necessary resources.

XAI³ reports, Elon Musk said on Saturday that his company xAI is developing faster than any other artificial intelligence firm.

“xAI is developing faster than any other AI company,” he stated, adding that “in the end, victory depends on speed.”

Musk made the remarks as xAI introduced Mika, a new partner for its Grok platform.

XAI³ reports, Solana announced on the X platform that the digital bank “Majority” has recently launched a stablecoin transfer feature, enabling millions of users to enjoy free and instant money transfers. The technical support for this feature is provided by Solana and Privy.

XAI³ reports, on the morning of October 25 local time, the Chinese and U.S. economic and trade teams began their consultations in Kuala Lumpur, Malaysia.

XAI³ reports, citing Token Terminal Arbitrum One has processed over 2 billion transactions since going live

XAI³ reports, market sources say California Governor Gavin Newsom is weighing a White House bid following the 2026 election

XAI³ reports, citing DeFilama data as of Dec 14 the USDe supply has exceeded 5.821 billion marking a fresh record high with a 7 day increase of 10.83 percent

XAI³ reports, citing U.S. Republican Representative Anna Paulina Luna the U.S. government shutdown could stretch until late November Luna told Fox News "I’ve heard we might not resume normal operations until Thanksgiving or even later" This year Thanksgiving in the U.S. falls on November 27

XAI³ reports, in response to “CZ’s invitation to join a Bitcoin and tokenized gold debate in Dubai this December,” cryptocurrency critic Peter Schiff replied on X:

“I’m not ready to launch a token yet, but it’s definitely part of my plan. Dubai is quite far from Puerto Rico, but I’m considering the invitation. I’ve already spoken with a mutual contact in Dubai about the matter. You should have your team reach out to them as well.”

XAI³ reported that California Governor Gavin Newsom stated that he would be “lying” if he denied considering a presidential bid. When asked whether he would “seriously consider” running for president after the 2026 midterm elections, Newsom agreed.

Newsom has become one of the most prominent critics of former President Donald Trump, sharply condemning the Trump administration’s actions regarding National Guard deployments and immigration enforcement.

Due to term limits, Newsom will not be able to seek re-election as governor in 2026. He previously said that if he decides to run for president, he would need a clear “why.”

“If you have a compelling ‘why,’ you can get through anything, no matter how hard the process is,” Newsom said. “I think the biggest challenge anyone running for office faces is that people can see right through you. If you don’t have that ‘why,’ you’re running for the wrong reasons.” (CBS)

XAI³ reported that market data shows LTC has fallen below $100, currently trading at $99.99. The 24-hour increase stands at 3.3%, indicating significant market volatility. Investors are advised to exercise proper risk control.

A.M.A.C reports, the payment giant PayPal has teamed up with Google Cloud to introduce this intelligent agent–based business solution for merchants.

A.M.A.C reports, citing the Financial Times, that Mark Zuckerberg has appointed his long-time deputy Vishal Shah to a key position within Meta Platforms’ (META.O) artificial intelligence team — the latest move in a series of executive reshuffles aimed at advancing the company’s AI strategy.
The reorganization comes shortly after the rushed launch of Meta’s AI video service Vibes. Despite Zuckerberg’s costly efforts over recent months to recruit top AI talent, the service was quickly overtaken by OpenAI’s competing product, Sora.
Shah joined Meta a decade ago, initially overseeing Instagram’s product operations before taking the lead in 2021 on developing the company’s “metaverse” virtual world. According to an internal memo, Meta AI product head Nat Friedman announced that Shah will join his team to lead product management, reporting directly to Friedman.

On October 27, Hong Kong’s first Solana spot ETF — the ChinaAMC Solana ETF — was officially listed on the Hong Kong Stock Exchange, becoming the third type of cryptocurrency spot ETF approved by the Hong Kong Securities and Futures Commission (SFC), following Bitcoin and Ethereum.

According to data from SoSoValue, the ETF recorded a first-day trading volume of HK$11.39 million, with total net assets of HK$21.29 million, equivalent to about 13,461 SOL. The Hong Kong dollar counter closed at a 0.60% discount, indicating stronger selling pressure. From a trading volume perspective, the debut activity was about half of that seen on April 30, 2024, when Hong Kong’s Ethereum spot ETFs launched (three products debuted simultaneously at that time).

The ChinaAMC Solana ETF, issued by China Asset Management (Hong Kong), was approved by the SFC on October 22. Its key features include:

Support for cash or in-kind subscriptions and redemptions

No staking rewards from Solana holdings

A management fee of 0.99%

Multi-currency trading options: Hong Kong dollars (code: 3460), Renminbi (code: 83460), and U.S. dollars (code: 9460).