Odaily星球日报讯 世界贸易组织总干事伊维拉 13 日在日本东京说，美国的关税措施对全球贸易构成挑战。据彭博新闻社报道，伊维拉当天在东京与日本首相石破茂会面时说，当前贸易领域面临非常严峻的形势，但同时也存在诸多机遇，应以此为契机应对挑战。另据日本广播协会报道，伊维拉和石破茂一致认为，有必要共同努力应对世贸组织争端解决机制的缺陷等问题，恢复世贸组织的向心力。

世贸组织总干事：美国关税措施对全球贸易构成挑战

Odaily Odaily News: World Trade Organization Director-General Ngozi Okonjo-Iweala said in Tokyo, Japan on the 13th that the US tariff measures pose a challenge to global trade. According to Bloomberg News, Ngozi Okonjo-Iweala met with Japanese Prime Minister Shigeru Ishiba in Tokyo that day and said that the current trade field is facing a very serious situation, but there are also many opportunities, and we should take this opportunity to respond to challenges. According to the Japan Broadcasting Association, Ngozi Okonjo-Iweala and Shigeru Ishiba agreed that it is necessary to work together to address the shortcomings of the WTO dispute settlement mechanism and restore the centripetal force of the WTO.

WTO Director-General: US tariffs pose a challenge to global trade

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Messari released "The Crypto Theses 2026," a report that predicts future trends in public blockchains, DeFi, AI, DePIN, and TradFi. From Messari's perspective, 2026 will be a pivotal year for cryptocurrencies, marking a shift from "speculative" to "system-level integration."

Author: Messari
Compiled/Translated by: ODIG Invest
Messari Releases "The Crypto Theses 2026"...