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According to CoinDesk, asset management giant Franklin Templeton recently added approximately 150 million dollars worth of tokenized money market fund shares to the XRP Ledger (XRPL), increasing the total supply of sgBENJI tokens on the network from about 48 million to 193 million.Based on the transaction record of 1.039 dollars per share, the total value is approximately 200 million dollars.

According to Dune data, the nominal trading volume of cryptocurrency-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting a new historical high. Among them, Bitcoin short-term fluctuation contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single transaction volumes exceeding $1 million. Some traders even used trading bots to seize opportunities just seconds before the contracts expired.Currently, cryptocurrency has become the second largest trading category on the two platforms, second only to sports. Cryptocurrency trading platforms such as Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or collaborating with prediction markets. Meanwhile, the decline in spot trading volume on centralized exchanges has also prompted crypto platforms to seek business diversification. However, as multiple states in the U.S. have raised legal challenges against sports prediction contracts, the direction of related regulations may also impact industry development.

The issue surrounding the military version of the "Starlink" satellite communication system within Ukraine has led to differing opinions from the United States, Ukraine, and SpaceX. Ukrainian President Zelensky stated that the Ukrainian military faces speed limits when using "Starlink," while U.S. President Trump claimed he was unaware and stated that the speed limits had been lifted. SpaceX CEO Musk indicated that any restrictions are determined by the U.S. military and ultimately depend on the U.S. President.

According to a report by Reuters, as of Friday, 22 companies have submitted objections against listing their U.S. stocks in tokenized form on the tokenized stock platform OKXICE, jointly launched by OKX and the Intercontinental Exchange, the parent company of the New York Stock Exchange. The latest batch of companies opposing includes Wells Fargo, Arm Holdings, and Intuit, following Microsoft and Alphabet, the parent company of Google, who joined the opposition the previous week. Among the 22 companies mentioned, 16 are listed on Nasdaq, while only 6 are listed on the New York Stock Exchange.Nasdaq issued guidance in September regarding the U.S. Securities and Exchange Commission's innovation exemption mechanism, reminding issuers that "they must be cautious about their own participation," and stated that the consequences for liquidity, price discovery, and long-term shareholder value may not become apparent until the experiment has progressed for some time. Andrew Cuomo, co-chairman of OKXICE and former governor of New York, indicated that more objections are expected for the joint venture platform, as companies wish to avoid being among the first to test this stock model.Earlier this month, the joint venture platform submitted documents to the U.S. Securities and Exchange Commission, planning to provide tokenized stock listings for 62 companies. Cointelegraph sought comments on Intuit's decision to withdraw from the plan but did not receive an immediate response; spokespeople for Wells Fargo and Arm Holdings declined to comment.

Bitcoin infrastructure company Blockstream announced the launch of consulting services for financial institutions and established an office in Lugano, Switzerland. This business enables banks, asset management institutions, and others to directly connect with Blockstream's engineering team and Bitcoin infrastructure. Blockstream Consulting Services will assist institutions in assessing, designing, and implementing Bitcoin-based financial infrastructure, as well as developing related solutions such as tokenized asset issuance and confidential settlements, covering areas such as technology strategy, system architecture, integration, and implementation.Blockstream stated that the Lugano office will serve Swiss clients, including those in Zurich, Geneva, and Zug, and will act as its European business hub, supporting client relationships, strategic partnerships, and collaboration with local financial and technology communities. The company's Chief Marketing Officer Peter Bain stated that Switzerland has a long-standing banking tradition and a regulatory framework supporting digital assets, making it an important market for Blockstream; the company aims to provide local expertise in markets where it sees demand for Bitcoin infrastructure, and the consulting business along with the Lugano office will bring customized Bitcoin solutions to European financial institutions.Founded in 2014, Blockstream's business covers Bitcoin custody, settlement, payments, asset issuance, and self-custody, with products including the sidechain Liquid Network, Elements, Simplicity, Core Lightning, Jade hardware wallet, and Blockstream App. The company has launched Simplicity smart contracts on the Liquid network and added Lightning Network support for the Jade hardware wallet. Co-founder and CEO Adam Back stated that the next phase of Bitcoin adoption is to integrate into the existing financial system, and the company's experience in Bitcoin cryptography, protocol development, and engineering can address the related complexities. This announcement did not disclose the pricing of the consulting services, the size of the Lugano office's staff, or the names of clients.

According to Catcher Predict monitoring, in the Polymarket prediction market for the event "NATO and Russia Military Conflict," the sub-market "December 31" option "Yes" has experienced a dramatic fluctuation in winning probability, dropping from 49% an hour ago to the current 17.5% (a fluctuation of 31.5%). Please note the impact of related breaking news.

The decentralized perpetual contract protocol Lighter announced the inclusion of weETH as collateral for perpetual contract trading on the platform. The platform calculates the trading margin based on 70% of the weETH index value, which sets a 30% discount on the collateral asset.At the same time, Lighter has set the maximum supply limit of weETH collateral across the platform to 1000 units. After the adjustment, users can use weETH as margin to open perpetual contract positions on Lighter.

The Kremlin expressed gratitude to Melania Trump for her contribution to the Oleshky humanitarian agreement, as the Russian and Ukrainian military are determining the ceasefire date in the region.

JUST announces the official release of the new white paper. As an important ecological document following the brand upgrade, the new white paper systematically outlines the JUST ecological architecture, the positioning and collaborative relationships of the three core product lines, and provides detailed explanations of the updated JST token economics, covering key content such as governance mechanisms and buyback and burn arrangements.The new white paper helps users, developers, and the community to gain a more comprehensive understanding of the upgraded ecological layout, token mechanisms, and long-term development direction, further enhancing ecological transparency and providing a clear reference for subsequent ecological participation and development integration.

In October, the U.S. Consumer Confidence Index slightly declined to 48, nearing a historical low. The University of Michigan Consumer Survey indicated that the index fell from 48.1 in September to 48, below economists' forecast of 46.3.The current index is 10% lower than a year ago and 15% lower than in February, before the conflict in Iran.

According to The Washington Post, based on data from the Federal Election Commission (FEC), the top 50 donors before the 2026 midterm election cycle have collectively contributed approximately $2.39 billion, with about $1.54 billion going to the Republican camp, about $590 million to the Democratic camp, and approximately $259 million to special interest groups.The cryptocurrency industry holds several positions among the major donors. Coinbase ranks 11th with approximately $57.7 million, while Gemini founders Cameron and Tyler Winklevoss have donated a total of about $55.3 million, placing them 12th; Ripple contributed about $49.6 million, and Foris Dax about $38.6 million. Among individual donors, Elon Musk leads with approximately $369 million, with his funds primarily directed towards super PACs and related organizations supporting Republican candidates.

According to Gate market data, the Philadelphia Semiconductor Index rose by 0.5% after a drop of 6.7% in the previous trading day.

The cryptocurrency wallet Phantom is opening the Kalshi prediction market to users in the United States, allowing users to trade event contracts directly within the Phantom app. This feature will begin rolling out on October 23 and will gradually expand coverage over the coming weeks. Users must first complete Kalshi's KYC.Transactions will be conducted using the CASH stablecoin in the Phantom Cash account, and funds will be converted to fiat currency for settlement after being transferred to Kalshi. Withdrawals and profits will return to Phantom Cash. Phantom currently shows a fee of $0.02 per contract, with a small additional fee for network transfer.Due to local regulatory controversies, Phantom will restrict market categories in certain states: Michigan temporarily blocks sports markets; Nevada restricts sports, elections, politics, and entertainment markets; Washington state has broader restrictions, including categories such as culture, technology, and geopolitics. Phantom's General Counsel Kevin Jacobs stated that the company believes the CFTC's jurisdiction over relevant products is clear and will continue to comply with existing restrictions in various states.

Bitwise released a report indicating that Bitcoin is currently holding resiliently around $82,000, a price level close to the spot ETF holding cost. Key support levels below include the short-term holder cost price of approximately $74,800 and the real market average of about $77,600. The former can serve as a reference for judging the short-term market direction, while the latter corresponds to the price level at which half of the invested capital in the market is in profit or loss. The price range formed by these two points may become the dividing line between bulls and bears.The trading range for Bitcoin over the past 30 days and 60 days has narrowed to 1.8% and 3.0%, respectively, with the implied volatility at-the-money for each term also approaching the lower end of the distribution range over the past three years. Among them, the 3-month and 6-month implied volatility are at the 0.8 and 0.2 percentiles of historical distribution, indicating that the market's pricing for future volatility has dropped to extremely low levels.So far this week, net inflows into U.S. Bitcoin spot ETFs have reached $1.074 billion, rising in sync with the cumulative trading volume of the spot market, providing support for Bitcoin prices and offsetting some macro pressures. However, realized profits in the market have also increased, particularly among long-term holders. Meanwhile, the net position change indicator for long-term holders is negative, suggesting they may be in a distribution phase, which could be one reason for the ongoing consolidation of Bitcoin prices.

AI chip company Cambrian (688256.SH) announced that its operating revenue for the third quarter was 3.531 billion yuan, a year-on-year increase of 104.47%; the net profit attributable to shareholders of the listed company was 1.404 billion yuan, a year-on-year increase of 147.74%.The announcement showed that the company's operating revenue for the first three quarters was 9.526 billion yuan, a year-on-year increase of 106.76%; the net profit attributable to shareholders of the listed company was 3.715 billion yuan, a year-on-year increase of 131.49%. The performance change was mainly due to the company's continuous market expansion and active support for the implementation of artificial intelligence applications. The Science and Technology Innovation Board Daily noted that the company's net profit for the second quarter was 1.298 billion yuan, based on which the net profit for the third quarter increased by 8% quarter-on-quarter.

According to Gate market data, U.S. semiconductor stocks rose broadly before the market opened, with SK Hynix up 5.5%, SanDisk up 2.8%, and Micron Technology up 2.62%.

CryptoQuant analyst Darkfost stated that due to the ongoing tensions in the Gulf region and Ukraine's increased attacks on Russian refineries, Brent crude oil prices remain above $100 per barrel. The rise in oil prices is transmitting through the global economy, pushing up production, service, and commodity costs, further permeating inflationary pressures into the economic system, and potentially increasing the risk of economic slowdown, thereby limiting market liquidity, especially for funds flowing into high-risk assets like Bitcoin.Darkfost pointed out that from a long-term trend perspective, when Brent crude oil remains above the annual average and enters a strong upward trend, BTC tends to show slower performance; conversely, when oil prices drop significantly, BTC is more likely to experience a recovery. However, he emphasized that this does not mean there is a simple direct causal relationship between oil prices and BTC; what truly affects risk assets is the macroeconomic environment accompanying high oil prices. In July of this year, oil prices briefly retreated, providing BTC with an opportunity to rise, but Brent crude has since rebounded significantly. Although funds may still rotate between different markets, driving BTC to continue its upward trend, the current macro environment is not conducive to sustained new liquidity flowing into the market.

The venture capital firm a16z published comments from co-founder Marc Andreessen on X regarding open-source AI. Marc Andreessen: If the only way for children to learn AI is to work at one or two companies, it would be hard for parents to accept.He also stated that in an open-source world, every child can understand how the relevant technology works. Without open-source, AI will inevitably be concentrated in one or two companies, or even directly in the hands of the government.Marc Andreessen also used the analogy of "government sushi," asking people to imagine "government AI," and stated that open-source is a safeguard to ensure this scenario does not become a reality in the future.

Evan Conrad published an article on October 22 titled "The end of startups," with the subtitle "The coming credit crunch." Evan Conrad stated that within the next six months, most AI startups will be unable to purchase computing power, as global computing power is sold out. To obtain capacity, new clusters need to be contracted, and it is becoming increasingly difficult for non-investment-grade entities to secure online capacity.Evan Conrad mentioned that startups are not investment-grade, thus they are required to pay larger upfront payments. He has seen cases where 100% of the contract amount is required to be prepaid, as lenders and cloud providers are unwilling to take on additional credit risk. He believes that investment-grade tenants are scarce, and due to leveraging and selling to non-investment-grade token buyers, their ratings are downgraded, which he refers to as a credit bottleneck. He anticipates that investment-grade GPU buyers will increasingly demand that token buyers themselves be investment-grade or pay large upfront deposits.In the article, he provides an example where, at the time of writing, B300 could be purchased for $6 per hour and then sold for approximately $30 per hour for inference. He expects GPU prices to rise, and the gross margin for inference layers to decline, making it harder for clients with poor credit to obtain tokens. He proposed that lenders treat GPU clusters as collateral and stated that the physical delivery forward market SF Compute could allow lenders to use GPU hours on a liquidity book as collateral, rather than relying on a single service provider's cluster.