**[Trump Pushes "Nuclear Option" to Address Government Shutdown Crisis]** On October 31, U.S. President Trump posted late at night, urging Senate Republicans to abolish legislative filibuster rules and pass the budget bill with a simple majority vote in an attempt to break the nearly month-long government shutdown deadlock. However, Senate Majority Leader Thune stated that the procedure would not be initiated for appropriations legislation. The shutdown has already caused approximately 750,000 federal employees to go on unpaid leave, and the Congressional Budget Office estimates that if it continues, it could drag down U.S. Q4 GDP by as much as 2%. Bitunix analysts believe that Trump's move aims to turn the shutdown issue into leverage for the election campaign, which could further exacerbate fluctuations in financial market confidence. Investors should pay close attention to congressional negotiations and credit market reactions.

[TRUMP Official Meme Coin Team Wallet Holds 27.37 Million VALOR Tokens] On October 31, the token VALOR issued by the America Launchpad platform became the largest holding in the TRUMP official Meme Coin team wallet, second only to TRUMP. As of now, the team wallet has received 27.37 million VALOR, equivalent to approximately $240,000.

[Western Union Applies for 'WAmericaD' Trademark, Potentially Expanding Cryptocurrency Services] Western Union recently submitted a trademark application for 'WAmericaD' to the United States Patent and Trademark Office, indicating plans to launch services covering cryptocurrency wallets, cryptocurrency trading, and stablecoin payment processing. The application documents reveal that the WAmericaD trademark involves stablecoin exchange, trading, and payment processing, while potentially supporting broader cryptocurrency services, including software for managing and verifying transactions, cryptocurrency exchanges, and financial brokerage services. Additionally, the documents mention cryptocurrency lending, as well as securities and derivatives trading, which significantly differ from Western Union's traditional business operations. Notably, in early October, Western Union also filed a trademark application related to its planned stablecoin USDPT, which is set to launch on the Solana blockchain in 2026. It remains unclear what specific distinctions exist between WAmericaD and USDPT. The WAmericaD trademark application has been accepted but has not yet been assigned to an examiner.

[Strategists Predict the Federal Reserve May Inject Additional Liquidity Before December Meeting] Wall Street strategists warn that recent market funding pressures have intensified, with active trading in SOFR futures and the spread between the federal funds rate, while repo market rates remain elevated. Mark Cabana, Head of U.S. Rates Strategy at Bank of America, stated that the decline in reserves and increased issuance of Treasury bills will continue through November, potentially forcing the Federal Reserve to inject additional liquidity before the December meeting. Cabana noted in his report that the Fed may view current funding pressures as temporary, but as quantitative tightening persists, funding pressures could continue and worsen.

[Michael Saylor Says Strategy Is Not Considering Acquiring Bitcoin Treasury Companies for Now] Strategy Chairman Michael Saylor stated during the third-quarter earnings call that the company has little interest in acquiring other Bitcoin treasury companies, primarily due to various uncertainties. He noted that merger and acquisition activities typically take six to nine months or even a year to complete, and ideas that initially seem promising may become unsuitable after a few months. Nevertheless, he did not completely rule out the possibility of acquisitions in the future.