x

According to Gate market data, U.S. stocks opened with the Dow Jones up 0.46%, the S&P 500 index down 0.4%, and the Nasdaq down 1.29%. The chip sector opened lower for four consecutive days this week, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) dropping 6%, Micron Technology (MU.O) down 3.9%, Western Digital (WDC.O) down over 5%, and NVIDIA (NVDA.O) down over 3%.

According to Gate market data, SpaceX (SPCX.O) opened down 5%.

Stripe announced a collaboration with Plasma to develop a multi-currency stablecoin card, aimed at allowing individuals and businesses to spend the currencies they already hold in their accounts, reducing unnecessary currency conversion and foreign exchange costs. Plasma will serve as the design partner, integrating with Stripe's stablecoin card infrastructure, enabling customer account balances to be used for payments through the multi-currency card.The expanded infrastructure will support US dollars, Brazilian reais, euros, Mexican pesos, and Colombian pesos; stablecoins include USDC, OUSD, and qualified stablecoins that meet the requirements of the GENIUS Act. The Stripe stablecoin card service currently covers over 30 countries, with plans to expand to over 100 countries by 2027.For example, users holding euros will be able to spend directly in euros in the future, without needing to convert to US dollars first; businesses can issue currency cards that match their spending needs. Stripe also plans to support cardholders in spending from multiple account balances and automatically selecting the appropriate currency at the time of purchase.

The cryptocurrency trading platform Bitfinex stated that among the approximately 60,000 BTC accumulated by Bitcoin whales, most were purchased since late August, with buying prices ranging from about $80,000 to $86,000.Bitfinex noted that this price range is roughly equivalent to Bitcoin's current price. The platform also mentioned that if these whales continue to hold the aforementioned Bitcoin during this round of correction, the price just above $80,000 will receive support.

In September, the U.S. PPI annual rate recorded 6.3%, the highest since May 2026, exceeding market expectations of 5.3%.In September, the U.S. PPI monthly rate recorded 1.3%, significantly higher than the market expectation of 0.5%. In September, U.S. retail sales monthly rate recorded 0.8%, above market expectations.

For the week ending October 10, the number of initial jobless claims in the United States was 199,000, expected to be 200,000, and the previous value was revised from 197,000 to 198,000.

In September, U.S. retail sales increased by 0.8% month-on-month, higher than the expected 0.3%. The previous value was revised from 1.2% to 1.1%.

According to Bitcoin News monitoring, a certain address has held 4,581.94 bitcoins since March 3, 2020, and transferred all of them in a transaction on October 12. The price when these bitcoins were acquired was approximately $8,830, valued at about $40.5 million; at the time of transfer, the price was around $82,350, corresponding to a value of about $377 million.Four new addresses each received 1,000 bitcoins, while the fifth address received 581.94 bitcoins, with a transaction fee of 732 satoshis. As of the next day, none of the five addresses had made any transfers. The address had previously ignored 22 dust transactions, including an attempt to poison a similar address.

According to Lookonchain monitoring, about 9 hours ago, 3 wallet addresses jointly sold 2.9 billion $PUMP at an average price of $0.00434, totaling 12.58 million $USDC.

The AI Agent project NeoSoul token DNA will be launched on October 16 on Binance Alpha, OKX perpetual contracts, as well as exchanges like Bitget, Gate, MEXC, and KuCoin. The DNA airdrop query is now open.In addition, according to Binance Wallet news, Binance Alpha will be the first platform to launch DNA, and eligible users can use Binance Alpha points to receive the DNA airdrop.

Binance announced that the Assets Under Management (AUM) for its tokenized stock product bStocks has surpassed 1 billion USD, making it the fastest tokenized stock product in the world to reach this scale. Since its launch on June 11, 2026, bStocks achieved this milestone in just about four months. As of now, the cumulative trading volume of bStocks has exceeded 40 billion USD, with an average daily trading volume of over 300 million USD, and nearly 100 assets launched.Since its launch, the 1:1 conversion scale between directly held stocks and bStocks has reached 6 billion USD. Binance stated that bStocks can be used as collateral in eligible scenarios and supports round-the-clock trading, on-chain settlement, and wallet-to-wallet transfers. As the scale of assets, trading volume, and application scenarios continue to expand, bStocks is driving the evolution of tokenized stocks from a single trading asset to collateral and broader crypto-financial applications, further exploring the integration of traditional equity assets with on-chain financial infrastructure.

Lido announced the integration of direct ETH staking functionality for Arbitrum, Base, Linea, and Optimism Layer 2 networks into its official staking interface, which was announced on October 15. This process is supported by Chainlink's cross-chain interoperability protocol CCIP, allowing users to directly obtain wstETH on the originating network without manually transferring ETH across chains to Ethereum and back.Lido stated that users' ETH will be exchanged for wstETH through dedicated liquidity pools on the same L2, with the Chainlink price feed reflecting the exchange rate of the Lido protocol rather than the exchange market price. The underlying staking still occurs on the Ethereum mainnet: the ETH deposited by users on L2 will automatically be transferred to Ethereum and staked through Lido, after which wstETH will be sent back to replenish the local liquidity pool. Users receive the wrapped version of stETH, wstETH, which maintains a fixed balance while its value reflects staking rewards.This functionality integrates existing cross-chain infrastructure into Lido's own interface. Lido previously introduced relevant channels for Arbitrum, Base, and Optimism in October 2024, with third-party frontends including XSwap, OpenOcean, and Interport, while Linea followed up in October 2025. In terms of fees, users will still need to pay L2 transaction gas, and cross-chain costs come from the separately funded contract balance rather than staker deposits;

According to on-chain data platform SolanaFloor, Circle minted approximately 750 million USDC on the Solana network in the past 24 hours.

According to The Block, citing South Korean media Digital Asset, South Korean cryptocurrency influencer "Coin King" Jonbur Kim (original surname Park) was acquitted of fraud charges by the Southern District Court of Seoul. The case involved allegations of cryptocurrency fraud amounting to approximately 340 billion won (about 253 million USD).The court stated on Thursday that the prosecution lacked sufficient evidence to prove the relevant crimes. Jonbur Kim had previously been accused of participating in fraudulent issuance, listing, false disclosures, and price manipulation, with the tokens involved primarily including Podo Coin and Artube.

According to Coinglass data, if ETH breaks through $2,480, the cumulative short liquidation intensity on mainstream CEX will reach $1.622 billion. Conversely, if ETH falls below $2,245, the cumulative long liquidation intensity on mainstream CEX will reach $580 million.

According to Cryptoquant data, the cumulative amount of XRP flowing into Binance from whales in the past 30 days has risen to 1.669 billion, reaching a new high in 7 months, surpassing the level of approximately 1.65 billion in September, indicating that the activity of large holders transferring XRP to trading platforms has intensified recently.The increase in whale inflows may raise the tradable supply of XRP on trading platforms, and if large holders choose to sell, it could increase market selling pressure. However, inflows do not necessarily indicate an imminent sell-off; they may also involve wallet rebalancing or the use of other trading services on Binance. This indicator alone cannot determine the future price trend of XRP; it still requires observation in conjunction with net flow, trading volume, and price changes.

Bai Xue, Deputy Director of Research at Dongfang Jincheng, stated that U.S. inflation rebounded significantly in September, with the CPI rising 3.7% year-on-year and the core CPI rising 2.6% year-on-year. The rebound in inflation has strengthened the necessity for the Federal Reserve to continue raising interest rates this year, with an increased probability of holding steady in October and raising rates by 25 basis points in December.

According to the market information platform Liquid247.xyz, the Hyperliquid address 0x3ff54f...f705 currently holds a BTC short position of 539.102 coins, with a nominal value of 43.7708 million USD.At the time of publication, BTC is quoted at 81,192 USD.

Blockworks released a status report on cryptocurrency inference service providers, stating that global computing power investment is substantial and demand still exceeds supply; the market capitalization of liquidity crypto AI is approximately $24.9 billion, lower than Crusoe's $30.9 billion, and no decentralized computing network has disclosed verifiable revenue exceeding tens of millions of dollars.The report compares seven crypto-native inference providers on OpenRouter: Venice, Phala, Darkbloom, io.net, AkashML, NEAR AI, and Chutes. Over the past month, the seven have processed an average of about 211 billion tokens daily, accounting for about 1% of the platform's daily average of 21.9 trillion tokens. Venice processed about 87 billion tokens daily, with the team stating in July that its annual recurring revenue reached $100 million, with OpenRouter contributing less than 10%; Phala averaged about 54.6 billion tokens daily over the past week, up from about 5 billion in July.Chutes is the Bittensor inference subnet SN64, operating approximately 4,350 GPUs, with the team claiming to process 160 billion tokens daily, with OpenRouter channels averaging 5.7 billion. Akash has 283 active GPUs, down from a peak of about 897, with an annual leasing fee of about $3.7 million, and GPU incentives have ended. io.net's demand has nearly doubled over the past month to an average of 14.8 billion tokens daily.