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CryptoQuant founder Ki Young Ju posted that the Bitcoin bear market cycle has ended, and a bull market or sideways consolidation is expected in the next 12 to 24 months.Previously, on March 18, 2025, he predicted that the Bitcoin bull market cycle would end, leading to a bear market or sideways consolidation for 6 to 12 months, and now officially announces the end of that predicted cycle.

From October 9 to 11, Gate, as the official sponsor and long-term partner of the F1 Red Bull Racing Team, hosted a VIP exclusive hospitality event during the 2026 F1 Singapore Grand Prix, inviting dozens of global VIP clients, core partners, and special guests to experience the unique charm of top-level motorsport. During the event, Red Bull Racing driver Max Verstappen started from pole position and ultimately won the race, achieving Pole to Win, while invited guests witnessed this exciting moment and shared in the joy of victory.This VIP hospitality event combined race viewing, premium reception, and exclusive brand experiences, providing invited guests with F1 Paddock Club luxury box viewing and brand interaction experiences. The Gate brand logo appeared in several key locations, including the rear wing, front wing, driver helmets, and race suits of the Red Bull Racing cars, showcasing the depth of the collaboration between the two parties. Previously, Gate had invited Red Bull Racing drivers Max Verstappen and Isack Hadjar to participate in a driver meet-and-greet and exclusive handprint ceremony during the TOKEN2049 event in Singapore, and hosted VIP private events to further enrich the forms of collaboration.From the TOKEN2049 international industry event to the F1 Singapore Grand Prix, Gate deeply integrates global top-tier event resources with high-end customer experiences, deepening its strategic cooperation and global partnership with the Red Bull Racing Team, expanding brand international influence, and promoting the integration of Web3 with mainstream culture.

Microsoft CEO Satya Nadella published an article discussing the trust framework for the era of superintelligence. He stated that traditional software can trace behaviors back to specific code paths, whereas current superintelligent systems lack this mechanistic understanding and cannot attribute model behaviors and outputs to specific training data or weight configurations. However, they are being deployed and are accessing sensitive data, executing critical actions on behalf of others. He emphasized that responsibility for intelligent behavior cannot be outsourced to model providers, nor can superintelligence be accepted or rejected as a series of nested black boxes.Nadella proposed that the supply of intelligence should be separated from the authorization of intelligence, surrounding nondeterministic models with deterministic system design, human control, and operational procedures, and establishing industry standards when existing standards are insufficient. He suggested managing cutting-edge models with closed-source and open-source weights as internal risks, not because they are inherently malicious, but because agents with sufficient capability that can access important systems may make mistakes or be compromised. Relevant practices include establishing identities, restricting permissions, recording activities, and setting isolation boundaries, with the transparency of the model's reasoning chain becoming a non-negotiable starting point.He further stated that permissions and action controls must be placed outside the model, and the model, orchestration layer, and action space should be separated. Principles include avoiding reliance on a single model as the sole dependency for important outcomes or for verifying its own work, ensuring that critical actions leave tamper-proof and human-readable evidence, continuously testing for failures, attacks, and boundary conditions, allowing organizations to independently decide on access and action permissions, validating independently of the intelligence being verified, presuming that the model has been compromised and supporting mid-course pauses or shutdowns, and timely disclosing and sharing lessons within the industry when failures or compromises occur. He concluded that the most trustworthy superintelligent systems are those that require the least trust in the model itself.

According to a report by Nomura Securities, the AI company Dark Moon is developing a large model with 50 trillion to 60 trillion parameters. Compared to the Kimi K3 released in July this year, the parameter scale of the new model is nearly doubled. The report states that the current biggest bottleneck is the lack of high-end training computing power, and the specific training progress is still unclear.Additionally, according to the aforementioned news, Kimi K3.1 will be released before mid-October, focusing on enhancing the Agent's ability to continuously complete long-duration tasks. The team plans to further optimize the model through post-training, computer operation records, and real task data. The related content is a paraphrase and not an official announcement from Dark Moon.

The Ethereum scaling network Starknet, built by StarkWare, has indicated that it is actively considering transforming into an independent Layer 1 network (L1), with 2027 set as the target date to become the first fully quantum-resistant network. STRK was approximately $0.073 on Friday, up about 20% in 24 hours, more than doubling from around $0.03 in April.StarkWare CEO Eli Ben-Sasson stated that after becoming L1, Starknet will be able to control security upgrades independently, without waiting for Ethereum to advance related work. As a Layer 2 network (L2), Starknet currently relies on Ethereum for security; after transitioning to L1, it will verify and secure transactions on its own.Eli Ben-Sasson pointed out that quantum computers may potentially break the elliptic curve cryptography used by Bitcoin and Ethereum in the future, and developments in AI in the field of mathematics also pose another risk. The Ethereum roadmap is expected to complete its core quantum-resistant infrastructure around 2029, while Starknet plans to advance this to 2027; currently, no quantum computer exists that can break these systems.

Fidelity Digital Assets Vice President Chris Kuiper stated, "The bear market may not be over." He believes that the rebound since August could either be the starting point of a new rally or just a bounce within the bear market, "an upward price movement does not guarantee the end of the bear market"; according to a four-year cycle, November is a key window to observe (the last bear market bottom was in November 2022), but he also emphasized that historical cycles have never precisely repeated, and BTC may decline again, potentially setting a new low in November or later.A more positive signal is that during the period from June to mid-August, the volatility of digital assets rapidly increased after being low, resembling the end of previous bear markets, which may indicate that selling pressure is nearing exhaustion, while stablecoin transfers, RWA, and institutional participation continue to grow during the same period.

Artificial intelligence company Anthropic is establishing a presidential candidate outreach program, forming an internal team to collaborate with bipartisan presidential candidates on AI issues ahead of the 2028 U.S. election, assisting leadership in developing political strategies and operating political funding projects. The company is hiring a political program manager responsible for establishing and operating related programs for the 2028 election cycle, identifying potential candidates from both parties, providing AI policy education to candidates and their advisors on equal terms, preparing executives for dialogues, and planning party platforms, conventions, and transitions in advance. The position requires over 12 years of experience in campaigns, party committees, or political organizations, along with a record of credible bipartisan collaboration, with a salary ranging from $295,000 to $345,000.Fortune reports that the program is taking shape ahead of the November midterm elections and the company's potential initial public offering, which could be valued at up to $2 trillion. Bruce F. Freed, chairman of the Center for Political Accountability, stated that it is not uncommon for businesses to maintain relationships with presidential campaign teams, but he has not seen such a formal presidential election outreach arrangement. California Democratic Senator Alex Padilla noted that this hiring indicates that cutting-edge model companies are also establishing political operations beyond their products, emphasizing that education and influence are not the same, and urged Anthropic to disclose more details. Katie Harbath, founder and CEO of Anchor Change, believes the unusual aspect is that this role is also responsible for political action committee funding. Anthropic did not immediately respond to requests for comment.

StarkWare CEO Eli Ben-Sasson published an article discussing the necessity of upgrading Starknet to L1 to address threats from the post-quantum era. He pointed out that quantum computing threats may be closer than expected, and the rapid development of AI could break existing security assumptions, necessitating that blockchain enters a "shelter mode" to quickly achieve future-proofing.Key elements include: adopting appropriate cryptographic technologies, having cryptographic flexibility, and becoming an independent L1. As L2, Starknet relies on Ethereum's security. Ethereum aims to achieve full quantum resistance by the end of 2029, while Bitcoin has yet to make such a commitment. If Starknet upgrades to L1, it could achieve this by 2027. This move would allow it to independently control security migration, becoming a quantum-resistant network for public or private transactions and asset holdings.

Phoenix Technology cited a report from Business Insider stating that U.S. President Trump said on Thursday that anyone who does not use his preferred term Superintelligence (SI) will be considered an enemy of the White House. Trump posted on his social media platform that the White House believes anyone using the term Artificial Intelligence (AI) instead of what he calls the more accurate new term Superintelligence is an enemy. The report stated that the White House has begun the process of renaming Artificial Intelligence, with Trump stating that the term Artificial Intelligence implies that the technology is fake.The report also mentioned that at the end of September this year, Trump signed an executive order after meeting with industry leaders at the White House, requiring federal departments and agencies to use Superintelligence and SI instead of Artificial Intelligence and AI in official letters, public communications, websites, and other official communications to the maximum extent permitted by law. This order does not apply to private companies like OpenAI, as the White House does not have the legal authority to enforce it.The report further stated that SpaceX CEO Elon Musk posted on X that he will rename the Artificial Intelligence department SpaceXAI to SpaceXSI. The department was originally named xAI, and in February of this year, SpaceX announced the acquisition of Grok developer xAI, which was renamed SpaceXAI in July. As of Thursday afternoon, its X account still displayed as SpaceXAI. OpenAI CEO Sam Altman denied any renaming plans in an interview with the Politico podcast, stating that the company has been discussing Superintelligence extensively and will continue to do so in the future.

South Korean Deputy Prime Minister and Minister of Strategy and Finance Lee Hyeong-ryeol stated that in response to the virtual asset taxation policy planned for implementation in 2027, various opinions proposed by the National Assembly, as well as those from experts, industry professionals, and relevant stakeholders, will be widely collected. South Korean lawmaker Kim Sang-hoon questioned that several months before the implementation of the virtual asset taxation, the relevant infrastructure is still not fully developed, including insufficient tracking and verification capabilities for trading records on overseas exchanges, DEX, DeFi, and other platforms.Regarding the expected tax revenue scale from virtual asset taxation, Lee Hyeong-ryeol stated that there are indeed parts that are "difficult to accurately grasp." Since taxation requires obtaining taxpayer declaration data first, further tax estimation can only be conducted after the relevant declaration system is launched next year, and a careful evaluation of the related policies will be carried out.

Crypto trader Killa posted on platform X that Bitcoin has once again failed to break through $87,000. The 10x long position established based on the expectation of a breakout from the secondary testing high has been stopped out at breakeven.Due to the failure to break out and the price returning to the entry point, he is currently focusing on the $80,000 to $82,000 range, considering re-establishing a 10x long position. Killa stated that he still holds BTC long positions at $62,600 and $76,400, and there is currently no reason to rush into establishing new long positions. However, he remains bullish and expects the price to rise further. The current market situation is characterized by low cycle fluctuations, while he mainly engages in high cycle trading and emphasizes the importance of risk management.

Eli Ben-Sasson, co-founder and CEO of StarkWare, stated that Starknet, as an L2 relying on Ethereum's underlying security, is considering various options, including transitioning to L1, in order to independently control the network security migration process and address the cryptographic risks posed by quantum computing and AI.Starknet is built on ZK-STARK, possesses cryptographic agility, and has developed a post-quantum security migration roadmap. Ethereum plans to achieve full resistance to quantum attacks at L1 by the end of 2029, while Bitcoin has not made a similar commitment. Starknet expects to implement related upgrades as early as 2027.

According to Iranian media Fars News, Iranian President Ebrahim Raisi stated that the country is in a "state of total war."

Elon Musk stated that if TSMC is willing, they might be able to sublease part of the TeraFab area, but only limited to this.

The President of the International Monetary Fund (IMF), Kristalina Georgieva, stated that governments must urgently respond to the challenges posed by the imbalanced development of artificial intelligence, long-term energy shocks, and record levels of debt accumulation. She pointed out that the AI boom is driving inflation, and energy and food shocks will also push up inflation. Georgieva urged central banks in various countries to adopt a cautious hawkish stance.

According to the Financial Times, the European Union is considering implementing a universal tax measure targeting large enterprises to tax major American technology companies. This move aims to increase revenue for the EU while avoiding a strong backlash from the Trump administration.

According to Catcher Predict monitoring, the "Next French Presidential Election" event is currently among the hottest trades on the prediction market Polymarket, with a cumulative funding pool size reaching 1.461 billion dollars. The option with the highest market consensus is "Marine Le Pen," with a corresponding winning probability of approximately 43.25%.

The TOKEN2049 official Side Event "Stablecoins & Payments: Funds Flow," hosted by the global stablecoin payment infrastructure service provider WasabiCard, grandly opened today in Singapore. The event gathered industry guests from traditional finance, blockchain, stablecoins, payments, and AI fields, focusing on cutting-edge topics such as asset tokenization (RWA), real payments with stablecoins, and AI Agents.Guests from institutions and companies such as Circle, Plume, Mirae Asset, NIUM, Lotus Tech, Safeheron, AWS, and WIDTH participated in on-site discussions, sharing industry practices and cutting-edge viewpoints around three main directions: tokenized capital markets, the transition of stablecoins from settlement to real-world payments, and autonomous execution and payment infrastructure in the era of AI Agents.In addition, WasabiCard will appear as a Gold Sponsor at TOKEN2049 Singapore 2026 from October 7 to 8. During the conference, the WasabiCard team will showcase its two core businesses, global card issuance and global remittance, at booths PB4-24 and 25, and engage with partners from the global finance, payment, and digital asset industries to explore more collaboration opportunities.

According to informed sources, Dark Side of the Moon has completed its final round of private financing, with a valuation of approximately 50 billion USD, and is advancing towards an initial public offering (IPO) in Hong Kong in the first quarter of next year.Sources say that the company has also begun preparations to understand investor intentions, with preliminary talks with investors potentially starting as early as this month. Informed sources indicate that discussions are still ongoing, and the timing of the IPO may also change.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: KaBuM! Ilha das Lendas vs 9z Globant (BO5) - CBLOL Promotion Playoffs", the "Yes" option win rate for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation, soaring from 51.5% an hour ago to the current 90.5% (a fluctuation of 39%). Please note the impact of related breaking news.