MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

ME News reports that on October 14 (UTC+8), Dutch semiconductor equipment manufacturer ASML raised its full-year sales forecast for the third consecutive quarter, expecting 2026 sales to be between €44 billion and €45 billion. Third-quarter net sales rose to €11.66 billion. ASML plans to increase production capacity for low-numerical-aperture extreme ultraviolet lithography equipment by 30% next year and said it will be unable to fully meet market demand in 2027 and 2028. (Source: ChainCatcher)

UOB senior strategist Quek Ser Leang said the dollar index’s upward momentum is weakening, and its upside may be limited going forward. If it retreats, it is more likely to test the 21-day EMA at 101.50. BondBloxx’s Bianco noted that although U.S. Treasury yields are above 5%, the truly unusual period historically was the prolonged low-interest-rate environment after the financial crisis, not the current high-yield environment.

Williams said AI equipment supply may take more than two years to catch up with demand, potentially pushing up inflation, while AI infrastructure drives up chip and related prices. Supply and demand may not rebalance for two years or longer, he said, and another rate hike may still be needed. Despite higher interest rates, AI investment remains strong. AI supply shortages could affect Bitcoin miners; IREN signed a $2.8 billion AI cloud contract in July, increasing miners’ financing needs and making lenders more selective.

Mark Newton said global stock markets are likely to consolidate in the short term before strengthening, with strong performance expected from November through April of next year. A weaker dollar will benefit emerging markets. He believes this is not a time to panic, and that a pullback from mid-to-late October through November could become the best buying opportunity of this cycle. Source: ChainCatcher.

Bell said the midterm elections in November are unlikely to become a major driver of financial markets and may only trigger political uncertainty. The market’s core drivers remain the AI trade, inflationary pressures related to foreign policy, and the Federal Reserve’s response, none of which are likely to be materially affected by the midterm elections. By comparison, labor market conditions and inflation trends may have a greater impact on the market. Employment is currently weak, while rising food and energy prices are pushing inflation higher.

Bill Adams, chief U.S. economist at Fifth Third Bank, expects September CPI to rise again due to a rebound in gasoline prices. Higher fuel costs could push up airfares in core CPI, while increases in other core components will likely be more moderate. New and used vehicle prices may decline slightly, while prices for most durable goods are expected to change little; housing inflation may slow further. PPI may rise more than CPI, as higher diesel prices and transportation and warehousing costs push up PPI; healthcare services are expected to see a relatively moderate increase due to seasonal factors.

Standard Chartered has launched a cryptocurrency trading service for affluent clients, initially available in the UAE to eligible professional investors under VARA authorization, with plans to expand to other markets. In partnership with Zodia Markets and supported by WRB, CIB, and SC Ventures, the service provides end-to-end institutional-grade custody, liquidity, and client access without requiring a separate wallet. Clients can buy and sell Bitcoin and Ethereum through their Standard Chartered accounts, enabling integrated custody and settlement.

ME News reported on October 14 (UTC+8) that the International Monetary Fund (IMF) said U.S. economic growth is insufficient to quickly address the country’s widening government debt and fiscal deficit problems, and that the United States needs to take additional measures to improve its fiscal position. The organization believes that although higher economic growth can help improve debt burden indicators, relying solely on growth may not be enough to offset the pressure caused by high deficits, rising interest expenses, and the continuously increasing debt burden. (Source: PANews)

A stablecoin infrastructure platform announced the joint release of a white paper with multiple institutions, focusing on stablecoin payment infrastructure as it moves from on-chain settlement toward real-world payments. Stablecoin transaction volume exceeded $28 trillion in Q1 2026, while the stablecoin B2B payment market reached $226 billion in 2025, representing year-over-year growth of 733%. The industry still lacks a systematic framework that provides comprehensive coverage and connects on-chain assets with real-world commerce. The white paper will focus on infrastructure, end-to-end costs, compliance and risk management, and enterprise implementation, with the full version expected to be released within 1–2 months.

According to people familiar with the matter, Bank of America is no longer involved in the potential underwriting of Moonshot AI’s Hong Kong listing. The bank had previously held discussions about serving as an overall coordinator for the Hong Kong IPO but was not formally appointed. Moonshot AI plans to list in Hong Kong as early as the first quarter of 2027, raising up to approximately $5 billion. Goldman Sachs is currently the only U.S. bank selected to participate in the IPO and will serve as a sponsor alongside China International Capital Corporation and Deutsche Bank.

Bitcoin analyst Willy Woo said that as the supply shock brought about by the halving weakens, Bitcoin may break free from its four-year cycle and instead follow global macroeconomic markets. Some early holders are selling due to memories of the four-year bear market, but relevant indicators have not yet reached the standards typical of a Bitcoin bear market. Whether Bitcoin will break the four-year pattern can only be confirmed after a top forms. In addition, Bitcoin deleveraged earlier than U.S. stocks, and its recent shift in correlation with stocks is rare since 2017.

ME News, October 14 (UTC+8) — According to on-chain data monitoring, over the past 12 hours, a whale received a total of 1,162 BTC, worth approximately $96.77 million, from cryptocurrency market maker Wintermute through five newly created wallets. The related fund flows may indicate that a large whale purchased Bitcoin through Wintermute, but the buyer’s identity and the nature of the transaction have not yet been confirmed. (Source: PANews)

ME News, October 14 (UTC+8) — According to MyToken data, $408 million worth of cryptocurrency futures contracts were liquidated across the market over the past 24 hours. BTC liquidations totaled $94.2838 million, ETH liquidations totaled $72.9298 million, SOL liquidations totaled $34.3718 million, and XRP liquidations totaled $7.0680 million. (Source: MyToken)

A survey found that September’s CPI rose 0.6% month over month and 3.6% year over year, while core CPI rose 0.2% month over month and 2.5% year over year. Energy drove overall inflation higher; if this continues for two quarters, inflationary pressure could spread to areas such as food, keeping core inflation under pressure and potentially prompting the Federal Reserve to take further action.

ME News reported on October 14 (UTC+8) that OneKey founder Yishi discussed how to turn an iPhone into a cold wallet, recommending at minimum using an iPhone 17 or newer model running iOS 27 or later, and replacing the device every 1 to 2 years. Yishi emphasized that this is only a personal security recommendation and is not officially certified or guaranteed secure by Apple. Even if older devices are disconnected from the internet, the risks posed by others gaining physical access to the phone cannot be eliminated. (Source: PANews)

Bincheng police received a report that 1,300 USDC and NFT digital collectibles worth tens of thousands of yuan had been stolen from a digital wallet belonging to Xie. Through on-chain fund tracing and police-business collaboration, they identified Chen as a major suspect. On October 9, Chen was apprehended in Fengyang County, Chuzhou, Anhui. After arriving at the police station, Chen initially denied the allegations but later confessed to the theft when confronted with blockchain evidence. Chen is currently under criminal detention, and his family has compensated the victim for the losses. This is Bincheng’s first case involving the theft of virtual currency.

The Tianjin Second Intermediate People’s Court filed the case in September and applied to confiscate the illegal proceeds of Qian Zhimin, who is involved in an illegal fundraising case exceeding 40 billion yuan. The cryptocurrencies involved include approximately 72,700 Bitcoin Cash, approximately 72,700 Bitcoin Gold, approximately 72,700 Bitcoin SV, approximately 3.606 million XRP, and approximately 70.0812 million Dogecoin. Other assets include U.S. dollar, euro, and pound sterling cash, jewelry, and bank balances. Prosecutors stated that Qian is suspected of fundraising fraud and that the assets seized in the United Kingdom, where Qian fled, should be recovered in accordance with the law, returned to affected participants, and then confiscated.

Lorenzo Valente, Head of Digital Asset Research at ARK Invest, posted on X that Variational’s RWA perpetual trading volume surpassed Trade.xyz’s for the first time in over a year. He believes RWA perpetuals will become Hyperliquid’s primary source of future growth and could account for approximately 90% of its growth. HIP-3 outsources market operations to third parties, meaning Hyperliquid will need to rely on external platforms to remain competitive, further intensifying competition in the RWA perpetual market.