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According to Philippine crypto media BitPinas, in response to CoinDesk's previous report regarding Coinsph facing the risk of license revocation due to alleged involvement in offshore betting transactions, the Philippine crypto trading platform Coinsph stated that its virtual asset service provider (VASP) license under Betur Inc. and the electronic money issuance (EMI) license of DCPay Philippines are currently both valid, and it denies providing services to non-compliant offshore betting operators.Coinsph stated that the restrictions imposed by the Philippine central bank only involve fiat currency top-ups to DCPay through InstaPay and PESONet, while cryptocurrency trading, withdrawals, and other payment services are still operating normally. The company also acknowledged that the central bank has requested it to improve its internal control measures and is currently cooperating with regulatory requirements. The Philippine central bank declined to comment on specific regulatory matters.

Fidelity Digital Assets recently released an analysis stating that the yield on the U.S. 10-year Treasury bond has recently risen to its highest level since the birth of Bitcoin, while the scale of U.S. federal debt has surpassed $40 trillion, with interest expenditures exceeding Medicare, becoming the second-largest expenditure item in the federal budget.Fidelity pointed out that the correlation between Bitcoin and the U.S. 10-year real interest rate has been low for a long time in the past, but has gradually turned positive in recent years, with the correlation rising above 0.6 in 2026, reaching a historic high. Over the past two months, Bitcoin has risen nearly 30%, while the yield on the U.S. 10-year Treasury bond has increased by more than 10% during the same period.Fidelity believes that as government debt rises, financing costs increase, and concerns over fiscal intervention intensify, Bitcoin's fixed supply limit of 21 million coins may enhance its appeal as a potential hedge against currency depreciation and a portfolio diversification tool. If the current trends in debt and interest rates continue, government interest expenditures may even become the largest expenditure item in the federal budget in the future.Data from the U.S. Treasury Department shows that the federal budget deficit for fiscal year 2026 has risen to $1.99 trillion, up from $1.78 trillion in fiscal year 2025, marking the highest level since the pandemic. Despite the Trump administration's commitment to cut spending, military expenditures, Social Security spending, and interest on national debt continue to rise, coupled with a decline in corporate tax revenue, further widening the fiscal deficit.

According to Catcher Predict monitoring, the predicted market on Polymarket for the event "Counter-Strike: Legacy vs. BetBoom Team - Thunderpick World Championship Group B," the "Legacy" option in the sub-market "Map 2 Winner" has experienced a drastic fluctuation in win rate, plummeting from 63.5% an hour ago to the current 31.5% (a fluctuation of 32%). Please note the impact of related breaking news.

Santiment tweeted that the number of wallets holding between 10 to 10,000 bitcoins has reached 20,338, setting a new historical high. Despite the significant fluctuations in bitcoin prices during this period, the number of this group has shown strong growth since mid-July.Santiment believes that, based on historical experience, this group is closely related to the future price trends of bitcoin. When prices fluctuate, if more large holders enter this range, it indicates that wealthy investors still maintain confidence rather than choosing to exit during market weakness.

On October 16, SBI Holdings and Startale Group announced their participation in Open Standard to explore the interoperability of the dollar-pegged stablecoin OUSD and the yen-denominated trust-based stablecoin JPYSC. The article states that Open Standard will launch in June 2026, and the alliance already includes over 140 global companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, with OUSD already publicly launched on-chain. The announcement clarified that this only involves exploring a pilot project and does not represent the launch of new commercial services or the initiation of production environment settlements or trading activities.Yoshitaka Kitao, Representative Director, Chairman, President, and CEO of SBI Holdings, stated that cross-border transactions will become more common, and seamless conversion between yen and dollar stablecoins is crucial. Joining Open Standard and exploring related proof of concepts is an important step. He also mentioned that the SBI Group has been the first in Japan to offer dollar stablecoins USDC and RLUSD. Startale Group CEO Sota Watanabe stated that joining Open Standard reflects both parties' belief that the future of finance is on-chain, borderless, and interoperable, and that the pilot interoperability of JPYSC and OUSD is of significant importance.JPYSC is issued by SBI Shinsei Trust Bank and is positioned as an on-chain yen settlement infrastructure compliant with Japan's Payment Services Act and trust law framework. In July 2026, SBI Global Asset Management, DigiFT, and Startale announced a proof of concept for tokenized securities settlement and distribution payments, considering the future use of JPYSC. Open Standard claims it was established in 2026, with founding partners including Coinbase, Mastercard, Shopify, Stripe, and Visa, and over 200 institutions have signed up to add OUSD to the platform.

According to The Defiant, Jupiter has launched a beta trading product called YOLO, which supports up to 1000 times leverage, and this product has not yet been audited.According to the official statement, users trade against the platform's capital pool (house) in this product. When the capital pool is insufficient, users' profits will be queued for processing, and there is no guaranteed payment time.

According to Bloomberg, the New Taipei District Court in Taiwan has authorized Taiwan's communication regulatory agency and internet registration agency to block domestic access to Coinbase and the prediction market platform Kalshi, due to allegations of providing election betting services.This blockage occurs a few weeks before the local elections in Taiwan, which will test the public support for President Lai Ching-te's government. Some Coinbase users in Taiwan have reported that they have been unable to access the platform normally since Wednesday.

According to on-chain investigator vxdb, the cryptocurrency exchange platform Gamdom is suspected to have been hacked, involving a total asset value of approximately 4.208 million USD.In terms of losses by chain, EVM networks such as Ethereum, BNB Chain, Polygon, Arbitrum, and Optimism account for about 2.2 million USD, Solana approximately 965,000 USD, TRON around 375,000 USD, and Bitcoin about 668,000 USD.On-chain tracking shows that some of the stolen funds have been transferred to platforms such as Hyperliquid and THORChain through cross-chain bridges and token exchanges.

According to Catcher Predict monitoring on-chain data, it predicts significant capital movements in the market Polymarket. A large whale invested $98,000 in the event "Manchester City FC vs. Paris Saint-Germain FC," specifically targeting "Manchester City FC." Based on the current transaction price, the latest corresponding winning probability for this target is 49%.

U.S. short-term interest rate futures fell as the market increased bets on the Federal Reserve raising interest rates after the inflation data was released. The U.S. Dollar Index DXY rose nearly 40 points in the short term, currently reported at 102.52.In addition, the market has increased bets on the Federal Reserve raising interest rates three more times before the end of 2027.

According to Bitcoin.com analysis, the U.S. prediction market platform Kalshi saw a single-day nominal trading volume of up to $3.9 billion over the weekend, with combo bets contributing about 70% of the weekend's nominal trading volume.The analysis also pointed out that nominal trading volume measures the face value scale of contracts and does not equate to the actual cash invested by buyers, nor does it represent the number of new users on the platform. Therefore, this metric cannot directly reflect Kalshi's actual capital inflow or user growth situation.

Palantir's Chief Technology Officer Shyam Sankar stated in an interview on CBS News' "Face the Nation" that many AI researchers have started smoking to demonstrate their confidence in AI to other researchers. He quoted the attitude of such researchers saying, "I truly believe in AI; it will cure cancer, so I’m showing you that I’m all in." Sankar did not name any specific researcher nor cite survey data; this statement was made in passing when host Margaret Brennan pressed him on why he was so focused on the topic.In the interview, Sankar referred to effective altruism as a "millennial-style doomsday cult" and mentioned FTX founder Sam Bankman-Fried as the most well-known representative of the movement. He also cited Pascal's idea that everyone has a "God-shaped hole" in their heart, claiming that some researchers are trying to fill this hole with a machine god called AGI.Medical data contrasts with this claim. The U.S. CDC states that smoking causes about one-third of cancer deaths in the U.S., and cigarette smoke contains at least 69 known carcinogenic chemicals, with smokers being about 25 times more likely to develop lung cancer than non-smokers. Anthropic CEO Dario Amodei stated in August that the promise of AI curing cancer is "more of a cliché than inspiring," and that only a true cure for cancer can win public trust. CBS polling shows that 50% of Americans believe the problems created by AI outweigh the problems it solves, and 45% want the government to limit the use and development of AI.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Ceasefire between the United States and Yemen," the sub-market "October 18" for the "Yes" option has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 91% (a fluctuation of 41%). Please note the impact of related breaking news.

According to The Block, the Federal Trade Commission (FTC) is conducting an early review of the online sports betting industry, focusing on allegations of false or misleading advertising by betting companies such as FanDuel and DraftKings. Prediction market platforms like Kalshi and Polymarket are expected to be outside the scope of the review.

According to Bloomberg, Coinbase co-founder Fred Ehrsam is betting personal funds on Venezuela's oil industry. He referred to this opportunity to become a significant oil producer as an "excellent opportunity" and compared it to the once-in-a-generation investment opportunities that helped him join the ranks of billionaires.The startup founded by Fred Ehrsam, Primavera, has recently signed multiple contracts with the state-owned oil company Petróleos de Venezuela S.A. (PDVSA) and is preparing to take over the operations of several oil fields in the country.Primavera has also hired senior oil industry professionals from Chevron and Occidental Petroleum to assist in building the necessary infrastructure to support the production of conventional oil and heavy crude.

CoinShares pointed out in its latest biweekly market report that last week, the net outflow of the U.S. spot BTC ETF was $679 million, with a single-day net outflow of $485 million on Wednesday, setting a record for the largest single-day outflow since June; the ETH ETF saw a net outflow of $542 million last week, accumulating nearly $700 million in outflows over nine consecutive trading days.BTC approached $87,000 on October 5, then fell back to about $80,300, and subsequently rebounded to around $83,500. The report shows that the correlation between BTC and the Nasdaq index has risen back to about 40% of the long-term average, while the correlation with inflation-linked bonds continues to strengthen.CoinShares believes that the U.S. CPI data to be released this week will be an important variable: if the core CPI rises by 0.3% month-on-month, it may strengthen market expectations for a rate hike by the Federal Reserve in October, putting BTC at risk of testing $80,000 again.

The unresolved ceasefire between Russia and Ukraine has led to a rebound in crude oil prices, and the market's bets on another interest rate hike before the end of the year are heating up, putting pressure on the gold and silver markets once again. According to CoinGlass data, gold (XAU) is currently priced at $4,183.22, with a 24-hour decline of 0.61%; silver (XAG) is currently priced at $60.25, with a 24-hour decline of 1.42%.During the market fluctuations, the trading volume of related contracts on Gate has continued to rise: the trading volume of Gate silver contracts reached $124 million in 24 hours, ranking second in the industry; the trading volume of Gate gold contracts reached $363 million in 24 hours, firmly holding third place in the industry; meanwhile, the open interest of Gate XAU gold contracts reached $411 million, ranking second in the industry.Gate has pioneered the trading sector for perpetual metal contracts and CFD contracts, covering mainstream metal trading targets such as gold, silver, and platinum, supporting 24/7 trading and USDT settlement. Relying on Gate's innovative unified account system, users can configure diverse assets such as stocks, metals, foreign exchange, indices, and commodities without cross-platform operations, helping users achieve a more flexible and efficient one-stop global asset strategy layout amid volatile markets.

xAI launched the X subscription plan, integrating Grok, Grok Bot, Cursor, and X Premium benefits globally, with subscription fees ranging from 8 to 200 USD per month.

According to a report by The Block citing The Wall Street Journal, the prediction market platform Kalshi is investigating several trades that correctly bet on Trump appointing Katie Zacharia as White House Press Secretary before the announcement was made. Trump confirmed the appointment in a post on Truth Social on Friday afternoon, with Zacharia replacing Karoline Leavitt.At least three bets totaling approximately $173 were placed before the media reported on the candidate, with the market expected to pay out about $9,600 in total after settlement. One bet of about $19 was placed around 10:42 PM (Eastern Time) on Thursday, with an expected payout of $1,896; two other bets of approximately $74 and $80 were placed around 1:41 PM on Friday, with expected payouts of $3,689 and $4,023, respectively.The report stated that a few days before the news broke, Kalshi traders assigned a probability of about 1% to Zacharia. This investigation comes after the Commodity Futures Trading Commission reached a settlement in August with a former White House teleprompter operator who had traded on markets related to Trump’s speeches on Kalshi.