Odaily News: According to MSX.COM data, US memory chip stocks broadly declined in early trading, with SanDisk down 6.74%, Micron ADR down 6.08%, Micron Technology down 4.31%, SK Hynix down 4.09%, Seagate Technology down 2.85%, and Western Digital down 2.15%. The Philadelphia Semiconductor Index fell 2.07%.

According to Gate data, international crude oil prices continue to rise. WTI crude oil futures are up 2.28%, at $93.940 per barrel; Brent crude oil futures are up 2.25%, at $107.073 per barrel.

Odaily reports that AI computing power operator KONST has completed a $30 million Series B funding round, led by ADATA Technology, with strategic participation from corporate investors including M Mobility and Pegatron Venture Capital. The new funds will be used to expand its AI data center construction and accelerate its Token Factory strategy. (Aithority)

Odaily: A whale address swapped UBTC for 16,700 ETH over the past 22 hours, worth approximately $42.46 million, with an average purchase price of about $2,541.89.

Odaily News: According to multiple independent sources, Liang Wenfeng has recently been paying close attention to the embodied AI sector and has been in discussions with several entrepreneurs in the field, exploring directions such as robotics, large models, and interaction with the physical world. Sources familiar with the matter revealed that Liang Wenfeng is currently considering whether DeepSeek should further enter the embodied AI space, with potential approaches including building an in-house team to develop it directly, or entering through investment in related companies. (Phoenix Technology)

Odaily reports that the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.

Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.

Odaily reports that Lookonchain posted on X platform that on October 12, Bitcoin ETFs recorded a single-day net inflow of 127 BTC, valued at $10.49 million; the 7-day net outflow was 8,538 BTC, valued at $704 million. Ethereum ETFs recorded a single-day net outflow of 25,400 ETH, valued at $64.22 million; the 7-day net outflow was 208,600 ETH, valued at $526 million.

Odaily News: StoneX has raised the price target for digital asset tokenization platform Securitize (SECZ) by 50% to $18 and maintained its buy rating. StoneX stated that Securitize has evolved from a tokenization service provider into a "market operator," but the market still views it as a mere tokenization vendor, not yet fully reflecting its business transformation. SECZ fell more than 6% intraday to $12.96, with its market cap dropping to $2.105 billion.

Odaily Report: Vitalik posted on X platform, stating that for those who support vaccines, or who criticize vaccines but are open to the following view—that vaccines could play a significant role if developed in a more open-source, open-science manner that serves the public—he strongly recommends learning about PopVax.

According to MSX.COM data, the three major U.S. stock indices opened mixed, with the Nasdaq down 0.05%, the Dow up 0.17%, and the S&P 500 up 0.03%. The memory sector weakened, with SK Hynix and SanDisk falling over 3%, and Micron Technology dropping more than 2%.

Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones rose 0.28%, the S&P 500 gained 0.1%, the Nasdaq fell 0.03%, and the VIX fear index rose 3.98%. AI-related stocks declined broadly, with Astera Labs down 3.98%, Micron down 3.92%, Teradyne down 3.15%, Arm down 2.73%, and Super Micro Computer down 2.5%.

It is reported that MSX is a leading RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering popular U.S. stock and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

According to the latest data from Gate, the price of gold fell to $4,175.04 per ounce, down 0.54% intraday. The price of silver dropped to $60.548 per ounce, down 0.64% intraday.

In forex, the US dollar rose 0.02% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.69364. The US dollar rose 0.28% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 158.62.

In global stock indices, the Euro Stoxx 50 index (EUSTX50) fell 0.13% intraday to 6,197.85 points; the UK FTSE 100 index (UK100) rose 0.43% intraday to 10,630.1 points; the German DAX 40 index (GER40) rose 0.25% intraday to 25,255.7 points.

In commodities, WTI crude oil rose 1.96% intraday to $95.07 per barrel. Brent crude oil rose 3.14% intraday to $109.67 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web端, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the diversified asset allocation experience.

Odaily reports: Bank of England Deputy Governor Sarah Breeden stated that, given the many other developments underway in the digital payments space, there is no rush to introduce a central bank digital currency to the public.

Speaking to the Atlantic Council at the IMF annual meetings in Bangkok, Breeden said the decision on whether to proceed with a retail CBDC (known as "Britcoin" in the UK) will depend on "what other ways we can get the benefits of tokenization and innovation." Breeden emphasized that the Bank of England wants domestic firms to develop a successful sterling stablecoin, providing an alternative in a market dominated by dollar stablecoins and preventing UK residents and businesses from having to rely solely on dollar stablecoins to access innovative payment services.

Odaily News: According to the Bitfinex Alpha report, whether Bitcoin can reclaim $84,500 this week will depend on whether U.S. CPI data changes market expectations for interest rates and yields, and whether spot market buying can follow through. BTC previously fell from a high of $87,197 on October 2 to a low of $80,347 on October 8, a maximum decline of about 7.9%. During this period, it briefly dropped below $81,300 before quickly recovering; that level had previously been the range high and has now flipped back into support.

Bitfinex said this pullback is similar to multiple corrections during previous recovery phases, and investors whose cost basis is within the original trading range have not shown obvious selling. At the same time, after about $1.18 billion in positions were liquidated across the crypto market on October 8, leverage levels dropped significantly, with no large-scale re-leveraging observed. Future price action will depend more on spot demand. However, spot buying remains the weaker link in the current market. The report noted that Bitcoin ETF investors' average holding cost is about $84,340, and with the current price below that level, some investors may choose to sell as the rebound approaches their cost basis.

On the macro side, Bitfinex believes inflation and the interest rate environment continue to weigh on BTC. Core PCE inflation is currently at 3%, most Fed officials still expect another rate hike this year, and the U.S. 10-year real Treasury yield is about 2.91%. If this week's core CPI rises 0.2% month-over-month or less, it could reduce market rate hike expectations and push yields lower, providing room for BTC to rise; if core CPI reaches 0.3% or higher, it could continue to suppress risk asset performance.

Bitfinex expects BTC may fluctuate in the short term between $81,300 and $84,500. If the price breaks above and holds $84,500 while ETF flows strengthen, the market may retest the $87,722 level seen at the start of the year; if it falls below $81,300 accompanied by continued outflows, it may further decline to around $77,400, the true market mean level.

Odaily News: According to on-chain analyst Ember Monitoring, last week Bitcoin treasury company Strategy increased its holdings by 250 BTC, with a purchase amount of approximately $21.55 million and an average purchase price of approximately $86,194 per BTC.

As of now, Strategy holds a total of 848,250 BTC, with a position value of approximately $70.532 billion. The cumulative average cost is $75,444 per BTC, with a current unrealized gain of approximately $6.536 billion and a return of approximately 10.2%.

Meanwhile, Ethereum treasury company Bitmine increased its holdings by 12,532 ETH last week, with a purchase amount of approximately $32.6 million and an average purchase price of approximately $2,601 per ETH.

Currently, Bitmine holds approximately 6,028,946 ETH, with a position value of approximately $15.319 billion. The cumulative average cost is $3,334 per ETH, with a current unrealized loss of approximately $4.781 billion and a loss of approximately 23.8%.

In addition, Bitmine's subsequent ETH accumulation plan may be nearing a phased conclusion. Bitmine Chairman Tom Lee previously stated at the TOKEN2049 conference in Singapore that once the company's ETH holdings reach 5% of the total supply, it will stop further accumulation. Currently, Bitmine is still about 77,442 ETH away from the 5% target. Based on the recent pace of accumulation, it is expected to reach this target in about one month.

Odaily News: Trader Killa stated on X platform that Bitcoin short-term holder (STH) supply recently reached "overheated" levels, a situation similar to the price action in 2023 after the market broke away from the macro bottom, potentially serving as another signal of market bottom formation.

Killa pointed out that after Bitcoin short-term holder supply reached similar highs in 2023, BTC price continued to rise and maintained an uptrend in higher timeframe (HTF) trends. The current market structure is quite similar to previous cycles, and investors should not overly rely on the Fear and Greed Index to judge market direction. Killa stated that market sentiment may remain irrational for extended periods, and short-term sentiment indicators do not necessarily reflect long-term trends.