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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 reported that Sentora analyzed approximately $1.63 billion in liquidations on Ethereum lending platforms over the past year, with 89% completed through same-chain atomic routes. Due to thin DEX liquidity and transfer restrictions on whitelisted RWA collateral, future liquidations will increasingly shift to off-chain market makers, RFQs, and solver routes. Atomic routes are efficient but depend heavily on on-chain DEX liquidity.

ME News reports that on October 18 (UTC+8), Samsung Electronics will use TSMC’s 3nm process to produce next-generation custom HBM base dies for NVIDIA. This marks Samsung’s first collaboration with TSMC in HBM manufacturing. NVIDIA requires Samsung, SK hynix, and Micron Technology to use TSMC’s process to manufacture NVHBM base dies and adopt sixth-generation DRAM technology. Samsung plans to continue producing standard HBM and custom products for other customers in-house. (Source: ChainCatcher)

Next week’s token unlocks: ZRO 23.28 million, 3.83% of circulating supply, $43.3 million, 10/20 19:00; XPL 227 million, 5.02%, $17.9 million, 10/25 20:00; H 266 million, 6.84%, $15 million, 10/25 08:00; SOSO 23.46 million, 5.63%, $6.9 million, 10/24 17:00; SOON 20.24 million, 3.50%, $6.3 million, 10/23 16:30; KAITO 17.6 million, 3.69%, $5 million, 10/20 20:00; COAI 19.55 million, 6.36%, $5 million, 10/25 15:00.

On October 18, the Cysic cross-chain bridge was hit by an unauthorized attack, and 10 million CYS were minted on BNB Smart Chain. The bridge has been paused. Preliminary findings indicate that the attacker gained access to the database. The tokens were minted at 12:31:38 UTC, and the receiving address was blacklisted at 13:47:52 UTC. The address held approximately 2.8 million CYS at the time, and transfers were restricted. The incident was limited to message processing and minting on the cross-chain bridge; it did not affect the mainnet or other systems, and no assets were stolen from user wallets. Actual losses and any transfers or exchanges are still under investigation. A security firm has been engaged, and a follow-up report will be published. CYS is used for network incentives.

Darkfost noted that since late August, small- and mid-cap crypto assets have seen the most significant market cap growth. The gap between their monthly and annual average market caps has widened, with the current ratio at 41%, compared with around 7% for BTC and 3.5% for large caps. This pattern is rare, as markets are usually led by BTC. However, small- and mid-cap assets are more sensitive, and the trend could reverse quickly. (Source: ChainCatcher)

A CITIC Securities research report said that after U.S. September CPI and PPI came in above expectations, the 10-year yield fell back to around 5.05%, indicating that inflation pricing pressures are quickly fading and the long-term anchor is shifting toward the “growth/AI cycle.” Markets are pricing in tail risks to AI capital spending alongside stagflation, though this remains an early-stage probe. In the near term, U.S. stocks may continue to see sector rotation, with capital shifting from AI to energy, defensive consumer stocks, and healthcare. Hong Kong stocks may be affected by a pullback in overseas AI hardware trades and Indonesia’s removal from the MSCI Emerging Markets Index.

Adam Aron said AMC does not agree with Robinhood launching AMC stock tokens in the United States. The SEC has asked Robinhood to obtain AMC’s consent or, at a minimum, stop taking related actions. Aron called the tokens “fake, synthetic stock” that could affect AMC’s capital structure, emphasizing that AMC should control its own financial destiny rather than have Robinhood manipulate it.

HIP-3 market deployer Entropy launched the Anthropic Pre-IPO market on Hyperliquid. ANTH is currently priced at $1,909, down 0.25% over the past 24 hours. Its OTC market cap has fallen to $1.909 trillion, from $2.1 trillion at the beginning of the month. The 24-hour trading volume is $5.6 million, with open interest at $40 million. Source: ODAILY.

Variational founder Lucas Schuermann announced the project’s roadmap on X: In 2025, it will achieve initial growth and validate the Omni broker business model. In 2026, it will launch RWA-based perpetual and swap contracts, bringing traditional financial liquidity on-chain. In 2027, it will launch Variational Pro, covering options, structured products, and other over-the-counter derivatives to provide institutional-grade on-chain trading.

ME News reported on October 18 that on-chain investigator Specter reposted a post on X alleging that InfoFi project BILL may be a scam. BILL is down about 97% from its all-time high. Over the past two months, 17 team-related wallets deposited approximately 988 million BILL into CEXs, and another independent address deposited 360 million BILL this week. All of the tokens originated from team multisig wallets.

ME News, October 18 (UTC+8) — Citrini analyst jukan posted on X that Samsung Electronics has decided to use TSMC’s 3nm process to manufacture NVHBM base dies at NVIDIA’s request. Samsung Electronics has not completely ruled out using its own foundry lines and is validating the use of those lines if NVHBM demand exceeds TSMC’s.

Crypto trader Ansem believes the market is shifting toward a focus on individual projects’ fundamentals, capital inflows, and real-world business performance. Identifying mispriced assets and teams that can deliver will become more important, rather than relying solely on Bitcoin and Ethereum. The investment thesis for altcoins in the current cycle is different from past cycles, with assets such as HYPE and ZEC still posting independent rallies in a weak market.

Eight countries have signed an additional protocol extending its scope to virtual assets and VASPs, with the aim of combating cross-border money laundering and terrorist financing. Measures include emergency freezing or confiscation of virtual assets when a transaction poses a risk, expanding FIUs’ authority to suspend crypto transactions, establishing asset recovery and management agencies, prioritizing the return of confiscated assets to victims, and, in principle, dividing recovered funds exceeding €10,000 equally among participating countries, while encouraging the use of confiscated assets for public purposes.

ME News, October 18 (UTC+8) — NVIDIA Senior Vice President of PC Jeff Fisher said in an interview that production of the RTX 5090 graphics card has not been discontinued. He emphasized that the RTX 5090 is an extremely important core product for NVIDIA and that the company will continue supplying it. Jeff Fisher also acknowledged that supply chain capacity remains constrained, but said NVIDIA is doing everything it can to ensure the product launches smoothly. (Source: ODAILY)

Darkfost noted that after Bitcoin encountered resistance around $87,000, MVRV fell below its historical 30th percentile (around 25.7%), indicating that the market entered a transitional phase after capitulation selling. The metric compares current levels against historical context; its current reading corresponds to about 25% of historical observations, still within the market accumulation range. However, BTC has moved out of the extreme undervaluation zone, which often coincides with market bottoms.

Citi says AI-driven earnings and changes in the investor base are weakening the traditional link between U.S. Treasury yields and U.S. equity valuations. Rising interest rates may have a greater impact on growth expectations than on valuations. Its valuation model puts the S&P 500’s fair P/E range at 17.1–22.1x, versus the current 22.4x, suggesting the market is optimistic. Since late August, cyclical and defensive stocks have been weighed down by interest rates, while growth stocks have held up on AI-driven earnings expectations. Rising Treasury yields are partly due to increased bond supply, rather than an overheating economy. The shift toward defined-contribution pensions, younger investors’ preference for higher equity allocations, and overseas inflows are supporting U.S. equity valuations. The key question now is what new sources of capital could continue to drive the stock market higher.

VerityAI has received an investment from AURUMX Capital. AURUMX holds Hong Kong SFC Type 4 and Type 9 licenses and MSB credentials, and has previously received investment from Titan Foundation USA and BlockX. VerityAI turns market research and predictive signals into verifiable on-chain reputation assets, building a reputation assessment system for digital market contributors and supporting institutional adoption. Its flagship product, Signal Explorer, is now live on Morph Mainnet and BNB Chain and had generated nearly 20,000 on-chain signals as of 2026-10-16.

In the first three quarters of 2026, 115 companies listed in Hong Kong, raising a total of approximately HK$385.566 billion—already exceeding the full-year level for any year since 2011. Looking ahead to the fourth quarter, Deloitte and KPMG said fundraising could approach HK$500 billion. The hot market has benefited intermediaries, with the top three underwriters accounting for a combined share of about 42%. However, sponsor resource constraints and the quality of their work remain under regulatory scrutiny. In October, the SFC said resource pressures had eased: the share of the five most active sponsors had fallen to 65%, and the workload of principal signatories had decreased by 78%. It also cautioned against opaque arrangements during IPOs and after listing, and urged vigilance regarding subscription instructions and potential manipulation.

ME News, October 18 (UTC+8) — Musk said that Optimus humanoid robots and Cybercab driverless taxis will account for the vast majority of Tesla’s value. He believes that, in terms of economic scale, superintelligence, robotics, solar energy, and large-scale space transportation are areas with the potential for staggering growth. (Source: ChainCatcher)

ME News reports that on October 18 (UTC+8), South Korea’s five major cryptocurrency exchanges plan to meet with the government on October 20 to push for a fourth delay of the 22% cryptocurrency tax, which was originally scheduled to take effect in January 2027. South Korea’s cryptocurrency tax policy has already been delayed three times. A bill proposed by the ruling party would further postpone its implementation until 2029. The meeting will hear industry views on cryptocurrency taxation arrangements; whether the tax will be delayed again remains uncertain. (Source: ODAILY)