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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, October 17 (UTC+8) — According to MyToken data, total crypto market liquidations across all exchanges over the past 24 hours reached $406 million. BTC liquidations totaled $110 million, ETH liquidations totaled $102 million, SOL liquidations totaled $15.205 million, and XRP liquidations totaled $8.1345 million. (Source: MyToken)

ME News, October 17 (UTC+8) — El Salvador purchased 1 Bitcoin for its strategic Bitcoin reserve that day, bringing its holdings to 7,807 bitcoins. El Salvador became the first country to make Bitcoin legal tender in September 2021 and has since continued to purchase and hold Bitcoin through the government. (Source: ODAILY)

ME News, Oct. 17 (UTC+8) — According to a 2026 survey of 10,000 U.S. cryptocurrency holders conducted by Sentora, approximately three-quarters of U.S. digital asset holders want to manage these assets through the banks where they hold accounts. The survey also noted that asset balances in exchange accounts reflect, to some extent, the level of services offered by banks. (Source: Foresight News)

ME News reported on October 17 (UTC+8) that the Iranian Islamic Revolutionary Guard Corps Navy said a supertanker carrying more than 2 million barrels of crude oil struck a mine and exploded in the Strait of Hormuz, causing a major fire. The tanker had turned off its positioning and radar systems and attempted to transit the strait under the protection of the U.S. military. The IRGC warned that the Strait of Hormuz was closed and that vessels violating the closure would face serious consequences. (Source: ChainCatcher)

ME News, October 17 (UTC+8) — The Solana Accelerate China team said that, due to higher-than-expected registration numbers and to comply with local event guidelines, the Solana Accelerate Shenzhen event originally scheduled for October 20 will be postponed. Registration information will be retained, and participants will be notified as soon as a new event date is confirmed. (Source: PANews)

The French National Assembly passed budget amendment I-3898, which proposes that, starting January 1, 2027, crypto-asset swaps involving e-money tokens under the MiCA framework be subject to capital gains tax at a flat rate of 31.4%. Tax liability would be triggered even if the assets are not converted into euros. The measure covers stablecoins such as USDC and EURC; Chainalysis says USDT is outside its scope. The amendment still needs to pass the budget vote and undergo Senate review, and has not yet become law.

Microsoft and Health-ISAC obtained a court order to block and redirect domains supporting YAM Store, CoGUI, and Iron Man. Since the start of this year, the three services have sold stolen accounts and phishing tools to criminals, sending more than 1 billion phishing messages, targeting 75,000 organizations, and generating tens of millions of dollars in revenue. Microsoft has frozen more than 20,000 accounts and blocked more than 100,000 domains. Transactions were conducted in USDT and ETH, and Cloudflare said buyers could also use USDC. TRM Labs helped track and freeze related assets; the amount frozen was not disclosed.

ME News reports that on October 17 (UTC+8), tech reporter Mark Gurman said Apple launched the iPhone Duo early despite supply shortages to get it to market sooner. Supply is not expected to become relatively plentiful until at least November. Apple has not disclosed whether its retail stores will have the device in stock on launch day. (Source: ChainCatcher)

ME News reported on October 17 (UTC+8) that the third-quarter report published by stablecoin payment network Borderless.xyz showed that the median cost of sending a $200 remittance through stablecoin payment rails was 1%, or $2. By comparison, according to World Bank data, the median cost through traditional remittance channels was 6.36%, or $12.72. This puts the cost of stablecoin remittances about 84% lower. The comparison uses Borderless’s third-quarter 2026 pricing and World Bank data from the same period in 2025. The cost advantage is also significant in emerging markets. Stablecoin remittance costs in sub-Saharan Africa were 2.9%, compared with 8.46% for traditional transfers; in Latin America, the figures were 1.25% and 5.64%, respectively. For business payments, a $10,000 stablecoin transfer

ME News reports that on October 17 (UTC+8), U.S. President Trump made the following remarks: “I know some details about the Russia-Ukraine conflict. I’ll disclose them at some point, and I hope it ends. The Biden administration did a lot of bad things regarding Ukraine.” When asked about inflation, Trump again claimed: “Oil prices will fall soon. Israel has been a great help to Saudi Arabia, and the Abraham Accords are once again on Saudi Arabia’s agenda.” (Jin10) (Source: ODAILY)

ME News, Oct. 17 (UTC+8) — According to CoinMarketCap market data, BTC fell below $81,000 and is currently trading at $80,956, down 0.5% over the past 24 hours. (Source: CoinMarketCap)

ME News, October 17 (UTC+8) — According to CoinMarketCap market data, ETH fell below $2,400 and is currently trading at $2,397.0, down 1.4% over 24 hours. (Source: CoinMarketCap)

ME News reported that Warsh made no comments or provided any guidance on monetary policy at the IMF annual meetings in Bangkok, prompting markets to scale back bets on a rate hike later this month. The dollar weakened, ending a four-week rally, and the index fell on Friday. The euro rose, potentially ending a five-week losing streak, as the blackout period ahead of the October policy meeting began.

SEC disclosures show that investment adviser Unique Wealth filed a 13F-HR report with approximately $10.4 million in Bitcoin-related exposure. 13F-HR reports disclose qualifying securities holdings quarterly and do not include direct crypto asset holdings, so these positions are typically securities-based exposure, such as spot Bitcoin ETFs.

ME News, October 17 (UTC+8) — LayerZero Labs, in collaboration with the a16z Crypto research team, Carnegie Mellon University, and Imperial College London, released a new research result, Aerie, aimed at improving the efficiency of post-quantum cryptographic signature aggregation. According to the announcement, Aerie is built on Akita, a previously introduced lattice-based polynomial commitment scheme. On a MacBook Pro equipped with an Apple M4 Max chip, it can aggregate 32,768 Falcon-512 signatures in 0.65 seconds using 16 CPU cores, with no GPU acceleration, and a peak memory usage of approximately 2.1 GiB. LayerZero said that compared with the previous Orthus scheme, Aerie

NEAR Intents’ postmortem report said that approximately $3.8 million in assets was withdrawn due to a flaw in its deposit notification feature. The attacker used a smart contract that deliberately caused notifications to fail. Deposited tokens were returned, but the ledger still credited the balance. Across 23 failed transactions, this generated fraudulent balances, which were used to withdraw real tokens from September 29 to October 1 and transfer them to other blockchains. The vulnerability was in the contract layer, not the Omni infrastructure. The attacker returned all funds within 36 hours of discovery, and all affected users were fully compensated. The team has strengthened balance monitoring and removed the feature on October 7. A security researcher who discovered the vulnerability received a $300,000 bounty.

ME News reports that Order No. 212 of the U.S. Bankruptcy Court for the District of Delaware approved a settlement agreement between MVMT Labs and parties related to Rushikesh Manche, on one side, and Movement Network Foundation and other foundation-related parties, on the other, in connection with MVMT Labs’ Chapter 11 bankruptcy case. The specific terms and scope of the release of disputed claims remain subject to confirmation in the complete documents. Source: PANews.

In an interview with Bitcoin Magazine, Lark Davis said BTC is consolidating around $80,000, but the next bull market is just around the corner. He said a bottom may form at $57,000, citing signals such as whale accumulation and the two-week MACD. He believes BTC and altcoins still offer opportunities, with ETF inflows driving the market. He also discussed whether the four-year cycle has broken down, comparing the situation to how gold ETFs reshaped market structure. Other topics included this being the shortest and shallowest bear market in history, as well as the outlook for Bitcoin regulation in light of a U.S. strategic reserve and the Clarity Act. He said enshrining it in law would boost Bitcoin’s legitimacy.

ME News, Oct. 16 (UTC+8) — According to MSX.COM data, Strategy (MSTR) extended its decline to 6.46%, trading at $141.5. In related news, MSCI plans to exclude companies whose asset structures are more akin to investment funds than traditional operating businesses, based on the proportion of operating assets and several financial metrics. Because Strategy holds a large amount of Bitcoin, it has been identified as a potential candidate for removal from the index. The final list of affected companies is expected to be announced on Nov. 11. The market is concerned that if Strategy is removed from MSCI-related indexes, passive funds that track those indexes may be forced to reduce their MSTR holdings.

ME News, Oct. 16 (UTC+8) — The credit default swap (CDS) market shows that CDS prices for tech companies such as Microsoft, Nvidia, Meta, and Amazon have risen sharply since fall 2025, with some even doubling. This suggests investors are questioning whether the AI boom can generate enough returns to support large-scale debt-financed investment. The market is concerned that tech companies could face excessive debt burdens, similar to the situation before the 2008 financial crisis. (Source: ChainCatcher)