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Senior Crypto Research Strategist Matt Mena from cryptocurrency investment product issuer 21Shares stated that Bitcoin may regain $85,000 after macroeconomic uncertainties subside and further rise towards $90,000. If there is a pullback, the price could still drop to around $81,000. The U.S. Producer Price Index (PPI) will be released, and the Federal Open Market Committee (FOMC) meeting is scheduled for October 27 to 28.Mena believes that last week's drop of Bitcoin below $85,000 has reflected some downside risks brought by higher inflation data, and after subsequent macro data is released, it may test the $85,000 resistance level again. The core Consumer Price Index (CPI) for September rose 0.3% month-on-month and 2.6% year-on-year, higher than economists' expectations of a 0.2% month-on-month increase. Since 2023, Bitcoin has averaged a 1.21% increase within 7 days after the core CPI exceeded expectations; Mena expects ETH to consolidate around $2,500 in the short term, then attempt to rise to $2,800 to $3,000, with a potential target of $130 for SOL by the end of this quarter.

Morgan Stanley CEO Ted Pick expects that the annual spending in the field of artificial intelligence will remain around $1 trillion in the next 5 to 10 years. He stated that the role of banks is to regulate the pace of AI capital expenditures to adapt to market demand.

According to a report by The Block, Standard Chartered Bank has postponed its prediction for the stablecoin market to reach a scale of $2 trillion from 2028 to 2030. Geoffrey Kendrick, the bank's global head of digital asset research, stated that the $2 trillion scale estimate remains unchanged, but he believes the market will need an additional two years to reach it. Over the past 12 months, the supply of stablecoins has remained in the range of $300 billion to $320 billion, currently around $309 billion. Kendrick believes this slowdown is cyclical rather than structural, as it occurs during a period of weak activity in the cryptocurrency market.Kendrick pointed out that despite the stagnation in supply growth, the use and trading activity of stablecoins continue to rise. The on-chain original transfer amount set a monthly record of $19 trillion in May, with an average monthly scale of nearly $10 trillion this year, higher than the $4 trillion expected in 2025.The monthly average circulation velocity, which measures the number of times each dollar of stablecoin is transferred, has doubled this year to about 30 times, compared to 15 times in 2025, with USDT maintaining around 7 times, while USDC has increased from 45 times to about 80 times. Kendrick stated that the differences stem from different uses, with USDT primarily used for dollar savings in emerging markets, while USDC is more used for payments, financial transactions, and early payments between AI agents.Kendrick expects that competition in stablecoin payments and trading in developed markets will be the most intense, with potential challengers including Open USD, stablecoin infrastructure provider M^0, and the A+ network, which plans to allow banks to issue shared stablecoins and retain reserve earnings.

Morgan Stanley's CEO stated that artificial intelligence trading is crucial for the development of banking business.

According to Bitcoin.com News citing Turkish media Sözcü, Richard Heart, the founder of HEX and the L1 public chain PulseChain, was detained by Turkey's National Intelligence Organization (MİT) in a joint operation with the police at a residence in Istanbul. The operation seized approximately 4 million dollars in cash, 53 Rolex watches, 11 Patek Philippe watches, firearms and ammunition, as well as a large amount of electronic equipment. His wife, A.K., was also detained.The U.S. SEC previously accused him of issuing unregistered securities through related projects, raising over 1 billion dollars, and allegedly misappropriating at least 12 million dollars to purchase luxury goods. The related lawsuit was dismissed in 2025 due to jurisdictional issues. In addition, Heart is wanted by Finnish authorities for serious tax evasion and assault cases.

According to the official blog of Avalanche, the Dubai International Financial Centre (DIFC) court has announced the adoption of Avalanche blockchain technology to provide globally verifiable digital authenticity certificates for its court orders and hearing records.The system binds encrypted hashes of documents to unique NFT certificates on the Avalanche C-Chain, allowing any institution to verify document authenticity within seconds without contacting the court, while the document content and confidential information are not stored on-chain, maintaining complete privacy.Avalanche's settlement speed is less than one second, and records are non-reversible. In addition, the Telecommunications and Digital Government Regulatory Authority (TDRA) of the UAE is also collaborating with Ava Labs to integrate Avalanche technology into the Digital Vault blockchain layer of the national digital identity platform UAE PASS, which serves over 12.5 million users, further promoting the construction of a credible verification system for government documents on-chain in the UAE.

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.

In a post on platform X, Saifedean Ammous, the author of the 2018 academic work "The Bitcoin Standard," stated that Bitcoin already possesses monetary functions. Holding Bitcoin is equivalent to using Bitcoin as currency. Its limited use as a payment method does not prove that its monetization process will not continue to advance. He believes that as Bitcoin matures, its volatility will be lower than that of gold, and its market capitalization will surpass that of this largest precious metal globally.Ammous's viewpoint is a response to the relevant discussions in the work "Better Money: Gold, Fiat, or Bitcoin?" by American economist Lawrence H. White. White cited content from Chapter 6 of that book on platform X, stating that Bitcoin's supply is fixed and cannot respond to changes in demand, resulting in excessive price volatility, making it difficult to become the reliable medium of exchange that people need. This is also the reason why stablecoins have surpassed Bitcoin in trading volume.Similar judgments have been made in the industry previously. In May 2025, André Dragosch, the European research director at Bitwise, told Cointelegraph that their internal forecast predicts Bitcoin will reach $1 million by 2029, at which point its market capitalization could be comparable to gold. However, Bitcoin's current market capitalization of approximately $1.6 trillion needs to grow at least 18 times to exceed gold's nearly $29 trillion market capitalization and become the largest asset in the world.

According to news from the Anthropic official website, Anthropic announced the opening of its fifth office in the Asia-Pacific region in Singapore and signed a memorandum of understanding with the Ministry of Communications and Information of Singapore. Both parties will collaborate in areas such as AI safety, model evaluation, and responsible AI adoption.Singapore is one of the most active markets for Claude globally, with over a thousand government agencies and enterprises, including GovTech Singapore, DBS, Grab, and GIC, already deploying Claude. Among them, over 1,500 engineers at GovTech Singapore have adopted Claude Code to advance the modernization of government systems, while Grab saves approximately 40,000 hours of manpower each quarter with the help of a Claude-driven sales assistant.

OPPO announced a collaboration with the AI Agent product Manus, integrating Manus's Agent capabilities directly into the mobile system assistant AI Mind Pilot. This marks Manus's first system-level collaboration with a mobile manufacturer.The related features will debut in ColorOS 17, which will be equipped on the Find X10 series. Users can handle multi-step tasks through the system assistant without needing to open Manus separately.

According to "Du Jia," Tencent is conducting a small-scale test of its personal investment analysis assistant "Rena Lan Cai," which has a PC version and a WeChat mini-program, supporting connection to WeChat. This product is positioned as an AI assistant for individual investors, helping users obtain and understand market and company information, and is currently in a small-scale testing phase.The web version breaks down the investment research workflow into visual modules, with core features including market quick reads, individual stock tracking, and AI Q&A. The market quick read summarizes global market dynamics, continuously updated in the morning, noon, closing, and evening, and associates market information with the user's watchlist; the left sidebar allows users to customize stocks of interest and displays real-time market data, while the right side features an intelligent Q&A panel linked to the day's quick read content, supporting follow-up questions about industry rankings, cash flow in financial reports, and more. In addition to the PC version, Rena Lan Cai is also launched as a WeChat mini-program, with basic functionality aligned across both platforms and conversation records shared. The product also appears in the WeChat chat list as a WeChat ClawBot intelligent entity, allowing users to directly access investment research capabilities in the chat window.The report states that Alibaba is also internally testing its AI investment research product Qovest, and Baidu's previously released Kuku AI is also focusing on investment research, as major companies collectively enter the personal investor AI investment research space. Rena Lan Cai essentially serves as an investment research assistance tool, not providing investment advice and avoiding direct trading compliance red lines.

According to official disclosure, Standard Chartered announced that it has received approval from the Virtual Assets Regulatory Authority (VARA) in the UAE to officially launch cryptocurrency trading solutions for professional investors in the UAE.Eligible affluent clients can buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through their existing bank accounts, without the need to set up a separate wallet or use third-party platforms.

According to a report by the Korean News Agency, the Commissioner of the National Tax Service of Korea, Lim Kwang-hyun, stated during a National Assembly Finance, Economy, and Planning Committee inspection that the National Tax Service is preparing to announce taxation standards for virtual assets in November.Lim Kwang-hyun pointed out that the taxation standards for transaction types such as airdrops, hard forks, staking, and decentralized finance (DeFi) focus more on the economic substance rather than the form of the transaction, with whether it is a transfer or a loan being the key determining factor. If airdrops and hard forks have the nature of a transfer or loan, they should be considered taxable objects, while some details regarding staking still need to be discussed with the Ministry of Economy and Finance.

Doubao Mobile Assistant stated that the 30-day public announcement period for its "Screen Automation Operation Declaration Agreement" (SAEP) ended on October 14, 2026, and it will gradually lift the screen automation operation permissions for third-party applications. Applications that have explicitly declared refusal of operation permissions will not be operated by the agent.After the public announcement period ends, developers can still declare refusal at any time, and Doubao Mobile Assistant will provide feedback within 3 working days. This agreement is aimed at cross-application operations of graphical interface agents, allowing developers to declare their interaction strategies with the agent.

Mysten Labs reports that the Sui network has completed its first native post-quantum Devnet transaction. This Devnet implementation introduces the ML-DSA-65 account signature, allowing accounts to authorize transactions directly using this post-quantum signature scheme. ML-DSA-65 belongs to the ML-DSA series defined by the National Institute of Standards and Technology (NIST) FIPS 204 standard, and Sui uses it as the native protocol signature scheme for everyday accounts.Sui is also planning to introduce a hash-based SLH-DSA-SHA2-128s (FIPS 205) for high-value vaults in Move smart contracts. The two schemes are based on lattice-based and hash-based mathematical problems, respectively, so a weakness in one scheme will not affect the other. Since Sui keys are deterministically derived from seeds, users can migrate to post-quantum keys using existing mnemonic phrases; the already launched address aliases allow accounts to update authorization keys without transferring assets.Post-quantum accounts are being rolled out in an optional, incremental manner, following the online path of zkLogin and passkey. Sui states that the goal for the post-quantum vault is to go live on the mainnet within this year, with the native ML-DSA-65 accounts aiming to enter the testnet by the end of the year, and the mainnet native account authentication goal set for the first quarter of 2027, with the final timeline depending on independent audits and testnet feedback.

The Hyperliquid Assistance Fund has accumulated over 48 million HYPE tokens, with a total expenditure of approximately 1.365 billion USD. Currently, the market value of these tokens has risen to about 3.953 billion USD.The Hyperliquid Assistance Fund primarily continues to repurchase HYPE from the open market through protocol trading fee income, serving as the core mechanism for returning value to token holders. Recently, Hyperliquid has also injected part of the USDC reserve earnings into the Assistance Fund through the AQAv2 framework to further expand the sources of repurchase funds, making the repurchase no longer completely reliant on trading fees.

An important ruling has been made by a UK court regarding the cross-border asset recovery dispute involving over 61,000 Bitcoins related to the illegal fundraising case of Tianjin Blue Sky Ge Rui in China. On October 12, local time, a judgment obtained by Caixin from the High Court of England and Wales indicated that the UK High Court determined that the property rights claims made by Chinese investors regarding the Bitcoins in question should be judged according to Chinese law rather than UK law.This means that approximately 16,000 Chinese victims who have participated in the UK recovery process may not be able to share in the substantial appreciation gains brought about by the soaring Bitcoin prices under UK law, and can at most recover their principal and interest.

Binance stated that it was awarded the "Outstanding Contribution Award of the Community Chest Timely Rain Fund - Tai Po Fire Relief" at the Community Chest Annual Award Ceremony for the 2025/2026 fiscal year in Hong Kong, in recognition of its assistance and donations following the Tai Po fire.After the fire last year, Binance Group donated 10 million Hong Kong dollars to the Community Chest of Hong Kong for disaster relief and recovery efforts. Eowyn Chen, Chief Marketing Officer of Binance and representative of Binance Charity, accepted the award on behalf of the group.Binance claimed that since its establishment in 2018, Binance Charity has donated over 47 million US dollars, covering 87 countries and regions and benefiting more than 4.2 million people.