performance

Galaxy Research Research Director Alex Thorn stated that since the second half of October, Bitcoin returns have been primarily driven by the Asian trading session, while the European trading session has dragged down overall performance.The chart he shared shows that as of October 20, calculated from October 1, the cumulative return of Bitcoin during the Asian trading session was 3.9%, 1.1% during the U.S. trading session, and -5.5% during the European trading session; the return for buying and holding all day during the same period was -0.7%.

Brent crude oil prices remain above $107, with reports of tanker damage in the Strait of Hormuz, and the shadow of supply disruptions has not dissipated.Federal Reserve Chairman Waller dampened expectations for an interest rate hike in October, and the dollar recorded its worst weekly performance since early September.

Matt Cole, the CEO of Bitcoin Treasury Company Strive, stated on the X platform that the long-term trend of currency depreciation will continue to drive the appreciation of scarce assets. Bitcoin, as digital gold, is still in its early stages of development, and as the market matures, its long-term performance is expected to surpass that of gold.Cole pointed out that over the past 55 years, gold has had a compound annual growth rate that exceeded the growth rate of the U.S. M2 money supply during multiple periods. Specifically, since 1970, the rates have been 9% and 6.7%, respectively; since the global financial crisis, they have been 9.5% and 6.3%; and since the COVID-19 pandemic, they have been 18.3% and 6.5%. Cole believes that as the debt crisis continues to worsen, the long-term outperformance of scarce assets relative to the dollar may further expand.For Strive, the key to outperforming Bitcoin lies in maintaining a high Bitcoin exposure multiplier and sufficient liquidity, rather than simply reducing financing costs. He emphasized that establishing and maintaining high Bitcoin exposure while avoiding financial risks is extremely challenging, and the market currently underestimates Strive's competitive advantages in Bitcoin exposure amplification and liquidity management. Its core investment philosophy is to reduce dollar exposure in the long term and increase Bitcoin allocation.

The speech by Federal Reserve Chairman Waller failed to boost the dollar, with the Bloomberg Dollar Spot Index dropping 0.4% on Friday, set to record its worst weekly performance since September 4. The dollar weakened against most major currencies, with the euro rising. Waller did not comment on monetary policy at the International Monetary Fund annual meeting, and investors reduced their bets on a rate hike by the Federal Reserve this month.

The modular blockchain project Celestia announced the launch of Eden, a high-performance EVM chain running on Celestia. Celestia stated that Eden will serve as an "Agentic Commerce" experimental sandbox to test the behavior and infrastructure needs of AI Agents when autonomously making payments, trading, and calling models on-chain.Celestia indicated that as AI Agents begin to participate in more frequent on-chain transactions, the market demand for block space, real-time settlement, and low-friction payments will continue to rise. Eden will help teams observe what kind of transaction environment Agents need, how they manage funds, and how their on-chain behavior will affect network design.The first experimental project of Eden is Botfun, currently in closed testing. According to Celestia, participating Agents can issue tokens independently and trade around narratives generated by other Agents; each model inference call is paid on-chain via x402.Celestia claimed that this experiment briefly positioned Eden as one of the largest x402 networks by transaction count. From a technical configuration perspective, Eden is an EVM-compatible chain that supports atomic batch transactions, application-paid Gas, and larger smart contract deployments, with the native Gas token being TIA. These designs will reduce the friction of signatures and fees when Agents continuously execute payments, exchanges, and interactions.

According to data from the CoinGlass platform, Gate's stock perpetual contracts rank second across the network, with several popular stock derivatives, such as SPCX, SKHYNIX, SNDK, and SOXL, having positions that also rank second across the network, only behind Binance.Real-time data from the platform shows that Gate SPCX has a position of 144 million USD, accounting for 14.65% of the total market share; SKHYNIX has a position of 137 million USD, accounting for 15.38%; SNDK has a position of 150 million USD, accounting for 18.62%; and SOXL has a position of 143 million USD, accounting for 23.92%.

Elon Musk stated that the Star Mind computer, jointly developed by SpaceX and Nvidia, has performed far beyond almost everyone's expectations and plans to achieve mass production next year.

According to Gate market data, U.S. pre-market S&P 500 mini index futures fell 0.3%, Nasdaq 100 index futures fell 1.1%, and Dow Jones index futures rose 0.3%. The "Seven Sisters" concept stocks and the optical communication sector saw widespread declines, while the biotechnology sector saw widespread gains.NVIDIA fell 1.54%, Apple rose 0.76%, Microsoft fell 0.46%, Google fell 1.58%, Amazon fell 1.47%, Meta fell 1.47%, and Tesla fell 1.40%.Lumentum fell 3.50%, Corning fell 3.28%, Coherent fell 3.34%, Applied Optoelectronics fell 3.15%, Ciena fell 3.14%, Broadcom fell 1.77%, and Marvell Technology fell 2.80%; Eli Lilly rose 1.25%, Johnson & Johnson rose 1.76%, Moderna fell 1.67%, Novo Nordisk rose 1.20%, AbbVie rose 1.00%, and Merck rose 1.23%.

Morgan Stanley's third-quarter profit grew, with revenue from stock trading reaching $5.8 billion, exceeding market expectations of $4.9 billion.The wealth management business attracted a record $232 billion in net new assets, expanding its total scale to $8.4 trillion.

OpenAI has launched the GPT-6.1 Sol model, whose performance is close to Astra, but the standard token price is only one-fifth of Astra.

Anthropic released Claude Sonnet 5.5 this Monday, as an upgraded version of Sonnet 5 launched in June this year. The official statement claims that this mid-range model operates over 30% faster than the previous generation, excelling in clearly defined daily tasks, fixing defects, and creating documents, slides, and spreadsheets, while also possessing sharp design capabilities. Its pricing remains at $2 per million input tokens and $10 per million output tokens, which is half of Opus 5.5, and the token consumption per task is nearly one-third less than Sonnet 5.In the Terminal-Bench 4 test, Sonnet 5.5 scored 70.6%, higher than Opus 5.5's 66.4%, and Sonnet 5's score was only 10.3%. Results from the independent testing organization Artificial Analysis also show its lead, recording 63.6% and 59.6%, while OpenAI's GPT-6 Astra scored 59.1%. In the GDPval-AA assessment of real job performance across 44 occupational categories, Sonnet 5.5 received a score of 1844, which is roughly on par with Opus 5.5's score of 1846, while GPT-6 Sol scored 1487.

The artificial intelligence research organization Epoch AI posted on X: AI is becoming cheaper at a faster rate than any other transformative technology in history. The cost has decreased by approximately 47% each quarter since 2023 at a given performance level.This speed is 4 times faster than DNA sequencing, 6 times faster than computing, 18 times faster than lithium batteries, and 54 times faster than electricity (as of 1973).

On Tuesday, Anthropic released Claude Opus 5.5, the first model in its Claude 5.5 series. Anthropic stated that the new model's performance on most tasks has reached the level of its most expensive flagship model, Claude Fable 5.1, but the operating costs are 20% lower than the previous generation Opus 5 and 60% lower than Fable 5.1. In terms of pricing, the input and output token prices for Opus 5.5 are $4 per million and $20 per million, respectively, while the cache read price has dropped to $0.2 per million.In benchmark testing, Opus 5.5 scored 66.4% on Terminal-Bench 4, higher than Fable 5.1's 55.8% and GPT-6 Astra's 57.9%; FrontierCode scored 54.4%, higher than Fable 5.1's 50.3%; GDPval-AA v2.1 scored 1846, higher than Fable 5.1's 1735. However, GPT-6 Astra still leads Opus 5.5 in the AutomationBench and Terminal-Bench-Science 0.1 tests.This is the first model released after Anthropic CEO Dario Amodei called on the industry to slow down the pace of AI capability enhancement, and it continues to use the same cybersecurity and biosafety measures as Fable 5.1.

According to Gate market data, the US dollar is expected to record its best weekly performance in three months, following signals from the Federal Reserve indicating further interest rate hikes. The US Dollar Index (DXY) has risen about 1.1% this week and has slightly surpassed the 200-day moving average.JPMorgan Chase, Standard Chartered Bank, and others believe that the Federal Reserve's interest rate hikes have removed the biggest obstacle to the strengthening of the US dollar.

According to Ars Technica, Mozilla's latest "State of Open Source AI" report states that the performance gap between the U.S. closed-source cutting-edge models and China's open-source weight models has narrowed to about 4.4 months. Open-source models represented by Moonshot AI's Kimi K3 are only three points behind Anthropic Fable 5 in the comprehensive score of the Artificial Analysis Intelligence Index, but the cost is only about 30% of that.METR calculations show that the strongest closed-source models can reliably complete human expert tasks lasting about 12 hours, while the strongest open-source models can currently reliably complete tasks lasting about 7 hours. It is expected that in about 4 months, open-source models will catch up to the current closed-source level. Mozilla believes that most organizations should default to using open-source models and only pay a premium for closed-source models in scenarios requiring specialized, high-intensity retrieval and long context. Paying for cutting-edge artificial intelligence models costs five times that of regular purchases, but it provides a 4-month first-mover advantage.

SK Hynix and its union have reached an agreement on performance bonuses. According to the agreement, 50% of the bonus will be paid in cash, and the remaining 50% will be paid in company stock.SK Hynix originally planned to pay the entire performance bonus in cash. This means the company now needs to repurchase stock equivalent to at least 50% of the total bonus amount.

ETH has increased by 60.62% so far in the third quarter of this year, marking the second-best third-quarter performance on record, only behind the 66.55% in the third quarter of 2025.