Despite Ripple receiving final approval from National Trust Bank of America in October to expand cooperation with Wall Street institutions, with an expected annualized product revenue of nearly $900 million, the cryptocurrency XRP related to its ecosystem still fell by about 16% that month. Reports indicate that the business growth of Ripple, the adoption of RLUSD, and the use of XRP Ledger do not necessarily translate directly into investment demand for XRP.

As diesel prices approach $7 per gallon and Tesla's $290,000 Semi trucks begin to be delivered to paying customers, the article reviews how Trump's " One Big , Beautiful Bill Act " policies have strengthened the 179 deduction for Section and points out that this may help fleets to transition to electrification more quickly. The article states that the 179 deduction for Section and 100% bonus depreciation can be combined when eligible, for use with commercial electric vehicles, charging infrastructure, and related equipment.

TechCrunch Mobility states that the autonomous driving industry is experiencing a second, even greater wave of enthusiasm, and AI foundational models are lowering the barriers to entrepreneurship and fostering the emergence of more startups. The article also summarizes several financings, collaborations, and developments in the automotive industry, including Bedrock Robotics, Rivian, Waymo, GM, and Ford, among others.

XRP Insights data shows that within the week ending October 31, the balance of the tracked exchange wallet XRP decreased by 133 million units; at the same time, on November 1, Ripple unlocked 1 billion XRP from custody as planned, worth approximately $1.25 billion. The article points out that withdrawals from exchanges and the unlocking of assets from custody do not necessarily mean selling; on that day, the price of XRP hovered around $1.25.

The Jeffrey Rosenberg of BlackRock indicates that oil prices and U.S. Treasury yields were highly correlated this year, but in October this relationship suddenly dissipated. The market then began to view the weakening of AI trades as a sign of a slowdown in the U.S. economy. He believes that the AI craze is affecting growth, inflation, and bond market pricing, and the debt financing of ultra-large cloud providers is also transmitting more pressure to the public bond market.