Binance Launches Binance Pick Campaign with Prize Pool of Up to 1 Million USDC

Odaily: Bank of America believes that the recent correction in US memory stocks has largely decoupled from fundamentals, with valuation multiples having bottomed out, and the market's concerns about the AI memory boom turning to bust are overdone. The bank expects that average selling prices, revenue, and profit margins for memory chips will remain at super-cycle levels in 2027-2028, and even if earnings growth slows, absolute levels will remain near historical highs. (Cailianshe)

Odaily reports: In response to the recent stock market decline that has caused a significant shrinkage in the valuation of domestic Korean stocks held by the National Pension Service, South Korean President Lee Jae-myung stated on the 19th: "We are continuously assessing what policy measures need to be taken to normalize the stock market. We will hear a comprehensive report in the near future and take necessary measures."Lee Jae-myung said: "After a sharp rise in stock prices, a correction is inevitable, and no one knows to what extent the correction will go. Unlike in the past, it is now difficult for the government to directly intervene in the financial market or securities market, and doing so is not advisable." However, he pointed out: "The Korean stock market is severely undervalued. One of the biggest reasons for this phenomenon is that negative perceptions of transparency and fairness in the market have not yet been completely eliminated."Regarding market trends and prospects, he said the government is monitoring closely. He said: "In the stock market, many people keep telling themselves over and over 'it won't fall, it won't fall,' and end up getting stuck holding losses. We need to minimize this situation as much as possible." (Yonhap)

Odaily reported: According to MSX.COM data, AI-related stocks are broadly higher in US pre-market trading, with INTC up 4.04%, MRVL up 3.52%, KLAC up 3.37%, ARM up 3.28%, and MU up 2.69%.It is reported that MSX.COM is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering US stock and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Odaily Reports: According to an official announcement, Binance will officially launch its flagship campaign BinancePick on October 21, 2026 (UTC), allowing users to share a prize pool of up to 1,000,000 USDC through trading and predictions. Early-bird reservations open on October 19, and the more people who reserve, the larger the prize pool that gets unlocked. The campaign includes completing tasks such as daily check-ins, trading, and referrals to earn points, which can then be used to participate in prediction markets. Rewards are divided into a season leaderboard (500,000 USDC), a weekly leaderboard (400,000 USDC in total), and a participation reward (100,000 USDC).

According to MSX.COM data, US memory stocks broadly rose in pre-market trading: SanDisk up 3.56%, Micron Technology up 2.44%, SK Hynix up 3.85%, Seagate Technology up 2.55%, and Western Digital up 2.11%.

According to MSX.COM data, Intel (INTC.O) shares rose 3.67% in pre-market trading. Previously, JPMorgan upgraded its rating on the stock from underweight to neutral.