MEXC: Adjust process to address user demand for unlocking $3 million account

Japan has become the 11th country, after the United States, to use state supported resources for Bitcoin mining, indicating that the support for cryptocurrency mining at the national level is expanding. （Bitcoin Archive）

The former president of FTX US stated that cryptocurrency leveraged trading has become a "major issue" in the industry, which may lead to increased market volatility and increased investor risk. He pointed out that the popularity of leveraged trading has led many investors to face huge losses during market volatility. The community has different reactions to this viewpoint, with some calling for strengthened regulation to protect the interests of investors. （Decrypt）

[Bitcoin Drops Nearly 5% in October, First October Decline in Six Years] Bitcoin recorded a nearly 5% decline in October 2025, ending its streak of consecutive gains. This marks the first October decline in six years. Earlier, Bitcoin hit an all-time high of over $126,000 on October 6, but its price subsequently fell sharply, briefly dropping to around $104,000 between October 10 and 11. This month's performance contrasts sharply with the gains seen in gold and the Nasdaq index, highlighting the rotation phenomenon among assets. Despite the poor performance in October, Bitcoin has still risen over 16% since the beginning of the year.

The ongoing U.S. government shutdown may become the longest in history, with reverberating effects on crypto legislation.

[Bitcoin Production Cost Rises to $112,084, Mining Companies Face Profit Pressure] Latest data shows that Bitcoin production cost has risen to $112,084, after previously reaching a peak of $115,098.12 on October 9. The continuous increase in costs may significantly impact Bitcoin mining companies, especially in terms of sales and administrative expenses. Analysts point out that mining companies need to take measures to reduce operating costs to address current profit pressures and maintain business stability.