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Federal Reserve Chairman Waller stated that artificial intelligence will impact the economy on the demand side before affecting the supply side.

Bitcoin News posted on platform X stating that Michael Saylor explained that Strategy intends to have investors accept selling Bitcoin as part of its overall financial strategy. When Strategy initially sold 32 Bitcoins, the market reacted excessively; subsequently, the market absorbed the sale of thousands of Bitcoins without a negative impact on the price.Saylor stated that when it aligns with the interests of shareholders and credit investors, Strategy must be able to buy and sell Bitcoin.

Financial Associated Press reported on October 12, citing market research firm Counterpoint Research, that the ongoing construction of artificial intelligence infrastructure continues to squeeze the supply of storage chips, putting pressure on costs and supply in consumer electronics. Preliminary data shows that global smartphone shipments in the third quarter of 2026 are expected to decline by 20% year-on-year, reaching the lowest level for the same period since 2012. The storage chip crisis has impacted the smartphone market for the second consecutive quarter, with rising chip costs increasing the overall bill of materials, leading manufacturers to raise retail prices. Since 2026, global smartphone retail prices have cumulatively increased by about 20%.Samsung remains the global leader, with its market share rising to 23% in the third quarter, although shipments declined by 3% year-on-year, marking the largest share increase among major manufacturers. Apple's share rose to 22%, marking its first time surpassing 20% in the third quarter, but shipments declined year-on-year. The absence of the base model iPhone 18 this year resulted in a lower channel distribution scale in the first month of new product launches compared to the previous year's iPhone 17 series. The iPhone 18 Pro series performed better than its predecessor in China and India.Xiaomi's shipments in the third quarter declined by over 30% year-on-year, with its market share dropping to 10%. Both OPPO and vivo saw their shipments decline by over 20% year-on-year, with shares falling to 9% and 8%, respectively. Counterpoint senior analyst Shilpi Jain stated that consumers are holding onto their existing devices for longer and are considering more refurbished devices. Counterpoint indicated that global smartphone shipments are unlikely to see a significant recovery before improvements in storage chip costs and supply.

In the past three weeks, investors have withdrawn from U.S. mortgage bond funds at a historically rare pace, with the outflow ranking among the seven most severe since early 2021. As interest rates soared, the mortgage-backed securities index recorded its second worst monthly performance on record in September.Strategist Erica Adelberg stated that the Federal Reserve's tightening of monetary policy may weaken banks' demand for MBS, and MBS supply is expected to decline before the end of the year.

The Ethereum staking withdrawal queue has retreated from last week's peak. After MetaMask began withdrawing validators, the withdrawal queue once climbed to about 851,000 ETH, and is currently down to about 767,000 ETH. Previously, on September 29, the queue was only about 166,000 ETH, growing more than five times in just a few days, reaching about 2% of the total staked ETH of approximately 43.6 million.On September 30, MetaMask disclosed a security incident affecting some of its infrastructure and took the affected validators offline as a precaution. Its update on October 1 stated that the investigation found no signs of impact on wallets or customer funds. In addition to its wallet services, MetaMask also operates validators for the staking service provider Lido. Ethereum security researcher Kaden estimates that this precautionary withdrawal involves about 17,000 validators and approximately 523,000 ETH, although MetaMask has not confirmed this data.Lido expects that as the affected validators withdraw and their balances are extracted, these ETH will gradually be restaked, a process that may take about 45 days. During the downtime, the affected validators will miss out on rewards, and Lido stated that stETH holders do not need to take any action. Meanwhile, the demand for entering the staking queue has cooled, with about 1.5 million ETH waiting to enter, and the estimated waiting time is about 25 days.

Linea's official statement indicates that some validators supporting the Yield Boost treasury are withdrawing as a precaution due to the MetaMask staking incident. Linea emphasizes that the funds and control of the staking treasury itself have not been affected.The impact of this incident is that during the period when relevant validators withdraw and are replaced by new validators, the net staking rewards that provide funding sources for ecosystem incentives will temporarily decrease. Linea stated that it is closely monitoring the situation's progress.

Due to the disruption of capacity expansion plans in the Middle East caused by the war between the U.S. and Iran, OPEC+ has postponed the oil capacity assessment work. This assessment aims to determine the oil production quotas for 2027, which was originally scheduled to be completed by the end of September 2026, and is now expected to be completed by mid-November.

NEAR co-founder Illia Polosukhin stated that NEAR Intents and near.com have resumed operations, but some related services of the affected networks are still restricted.Illia mentioned that the approximately $3.8 million attack exploited vulnerabilities in the Omni deposit and withdrawal infrastructure and the interaction with NEAR Intents smart contracts, with the impact limited to USDT on BSC. The NEAR core protocol, NEAR tokens, and other applications were not affected, and affected users will receive full compensation.

Ethena founder Guy Young posted on social media that he is aware of the current "security incident involving a certain Ethereum node operator."The supported assets of USDe currently do not include any direct exposure to stETH or any other liquid staking tokens. It is expected that there will be no impact on Ethena.

Nate Geraci, President of ETF Store, expressed that his initial interpretation of the latest notice from the U.S. Treasury regarding 351 exchanges is not as optimistic as some industry insiders. Geraci believes that if the asset portfolio transferred into the ETF significantly differs from the ETF's own investment strategy, it may face issues, especially in cases where the related assets are quickly reduced or completely sold off through physical redemptions.He also pointed out that the Treasury's guidance is not clear regarding the specific applicable boundaries, making it currently difficult to determine which operations may be permitted. Further guidance is expected to be issued in the future.

The Wall Street Journal reported that a small group of artificial intelligence researchers is discussing how to avoid catastrophic artificial intelligence risks in a co-working space named Constellation in Berkeley, California. Sources close to the space indicated that employees from Anthropic also have office space there. The report noted that Anthropic researcher Jacob Coxon resigned this month, bringing public attention in the U.S. to the notion that "uncontrolled AI development could end humanity."The report stated that individuals in the relevant AI safety circles have been concerned about this issue for over a decade. They have honed their arguments in shared houses in the Bay Area and exchanged predictions at conferences in Berkeley and the Bahamas, discussing ideas such as purchasing remote islands, stockpiling iodine tablets, or relocating to desert electromagnetic shielding bunkers. A cocktail named "Death With Dignity" appeared on the drink menu at an event in 2022, referencing an article that suggested humanity is doomed to fail.The Wall Street Journal stated that these so-called doomsayers are among the earliest employees of OpenAI and Anthropic, both of which were founded on the principle of preventing AI dangers. They continue to exert influence, with some personnel and project funding coming from networks associated with effective altruism, including the former CEO of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried; the report noted he is currently serving a 25-year prison sentence.

CryptoQuant analyst Darkfost stated that a recent paper explored the possibility of implementing privacy transactions on Bitcoin, characterized by the ability to achieve this directly on Bitcoin L1 without the need for a soft fork, making privacy transactions a native feature.Darkfost mentioned that he is not a developer and lacks the relevant technical background, but this idea is quite appealing. He believes it could be an important direction for Bitcoin's evolution according to Satoshi Nakamoto's original vision, while potentially diminishing the appeal of privacy projects like Zcash and Monero.

Capital Economics stated that if the United States implements a diesel export ban, customers in Latin America and Europe will be the first to be affected, and global prices will also be impacted. Chief Commodities Economist David Oxley mentioned that the reduction in U.S. diesel flows will weaken a key supplemental source in the global market. Capital Economics estimates that a comprehensive ban could reduce global marine diesel supply by 30%.

The Organization for Economic Co-operation and Development (OECD) stated that investments driven by artificial intelligence have helped the global economy perform slightly better than expected this year, but the impact of commodity price shocks caused by conflicts in the Middle East is expected to weigh on economic growth momentum in 2027.The OECD predicts that the global economic growth rate will rise to 3%, down from the 3.1% forecast in June. AI infrastructure spending has become an important pillar supporting economic resilience, but the global outlook remains affected by factors such as fluctuations in the energy market.

According to GMGN market data, the Solana ecosystem meme coin Super Inu briefly surged over 3 times, with a current market value of 7.23 million USD. Super Inu was issued on the Stonk platform, inspired by Trump forcibly renaming AI to Super Intelligence, pairing it with the tokenized US stock Nvidia.During a recent speech at the United Nations General Assembly, Trump expressed his desire to rename artificial intelligence to "Super Intelligence," stating that all American documents will use "Super Intelligence." According to market news, the related token has a small market value, with significant price volatility; the bottom chips have already made substantial profits, and there may be considerable selling pressure in the short term, so users should invest cautiously.

According to The Guardian, UK media publisher Reach, which includes The Mirror and The Express, announced the layoff of 220 editorial positions due to a significant shift in reader behavior towards AI-generated summaries, resulting in a substantial decline in website traffic.David Higgerson, the company's Chief Content Officer, stated that this is the result of a "huge shift" in how audiences access content. Reach's data shows that traffic from Google has decreased by 46% year-on-year, and digital revenue has also slightly declined to £128.9 million.Meanwhile, the company will close three online brands: KentLive, AberdeenLive, and GalwayBeo, while adding approximately 60 editorial positions, focusing on subscription services and long video content to seek a sustainable development path.

Phemex CEO Federico Variola stated in Cointelegraph's Chain Reaction program that AI has a "net negative impact" on the cryptocurrency industry. He believes that AI diverts funds from the crypto sector on one hand, while on the other hand, it empowers attackers to exploit protocols through means such as social engineering or vulnerability exploitation, increasing cybersecurity costs for small teams. This pressure may push the crypto industry towards greater centralization.Variola expressed that it is difficult to maintain an optimistic view of AI in the crypto space, as many so-called fixes actually encourage more rather than less centralization. He also warned that as AI becomes more widespread, threats such as device breaches or social engineering will increase, reducing the appeal of DeFi to ordinary retail users. However, he acknowledged that AI agents have practical value in helping investors build portfolios or make better trading decisions, but he expects that AI agents will not completely replace human trading decisions.The context of this statement is that Phemex announced an AI transformation in February this year, planning to integrate AI into product development and internal operations. Additionally, in July this year, attackers exploited a vulnerability in the Coldcard hardware wallet to steal approximately $116 million in Bitcoin, a vulnerability widely believed to have been discovered through malicious use of AI; Coinkite CEO Rodolfo Novak warned at the time that the speed at which AI-assisted code reviews find vulnerabilities has surpassed that of the industry's most experienced experts. CertiK senior blockchain investigator Natalie Newson pointed out that AI can also become one of the greatest defensive forces.