[Coin World] Meta's Chief AI Scientist Yann LeCun criticized a certain company's researchers for celebrating their so-called mathematical breakthrough with their large language model, stating that they "have been hyped up by their supporters." Google DeepMind CEO Demis Hassabis described the situation as "embarrassing." A certain company's vice president Kevin Weil claimed in a now-deleted tweet that their large language model solved 10 previously unsolved Erdős problems and made progress on another 11 problems. However, mathematician Thomas Bloom clarified that this is a "serious distortion" and pointed out that the AI merely found existing literature solutions that he was unaware of. One researcher from the company admitted that their large language model can only find known references, but he believes it still demonstrates its powerful literature retrieval capability.

[Coin World] The latest data from a certain data platform shows that in the prediction contracts related to "When will the U.S. government shutdown end", the probability of the option "Ending on or before November 30" is 75%, while the probability of "Ending before November 15" is 59%. In the short term, the probability of "Ending before October 24" is only 6%, indicating that the market generally believes that the government will find it difficult to resume operations in the short term.

Intercontinental Exchange invests $2 billion in the prediction market, Kalshi raises $300 million, making the Crypto Assets market increasingly mainstream. Although Augur and Gnosis reached peaks, they still faced technical barriers. Kalshi received CFTC approval, and a certain platform acquired QCEX to enter the US market.

[Coin World] Bitcoin analyst Jon Glover warns that the bull run that began in early 2023 has ended, and he predicts that the prolonged bear market could push Bitcoin prices down to $70,000 or even lower—a 35% drop from the current level of approximately $108,000. Glover cites Elliott Waves theory and expects this round of stagnation to last at least until the end of 2026, with prices potentially fluctuating between $70,000 and $80,000. Data shows that the trading prices of put options will remain at a premium before 2026, indicating that traders are preparing for continued downside risks.

Nubila has partnered with Weather Underground to integrate its hyper-local real-time weather data into WU's forecasting system, enhancing the accuracy and timeliness of meteorological services. Nubila deploys over 20,000 weather devices in a decentralized manner, providing reliable weather data to support AI and Web3 applications, driving the development of a climate-smart future.

Countries in Asia are actively promoting the development of digital finance. Hong Kong has launched a Bitcoin ETF to attract significant funds, Japan is preparing a new fund, and Singapore plans to establish a tokenization asset framework. This indicates that under the trend of de-dollarization, the transformation of digital finance is accelerating.

Despite the significant rise in volume on decentralized exchanges (DEX), the UNI token has fallen 86% from its peak in 2021. Critics argue that it has failed to translate the protocol into token value successfully. However, data platforms point out that the application of capital management mechanisms may stimulate the recovery of UNI, with 10 million UNI recently flowing out of exchanges.

[Chain News] On October 19, according to on-chain analysts, a mysterious Whale with 220 million dollars in go long BTC and ETH has increased the position by 24.66 BTC in the past 20 minutes and is still increasing the position, bringing the total Position to 231 million dollars, currently still facing unrealized losses of 4.42 million dollars. Among them:

[BiPushing] The AI-based decentralized talent network TradeTalent has completed a funding round of $8 million, led by Nasdaq-listed Allied Gaming & Entertainment and technology engineering company Hicop Engineering Pte. Ltd. The funds will be used to enhance AI skill verification capabilities, expand the global network of enterprises and talents, and further integrate and optimize the platform's trustless infrastructure.

On-chain analyst Murphy pointed out that the fair value of Bitcoin is calculated based on the historical average of the MVRV ratio, which has always served as the dividing line between bull and bear markets. In the current cycle, Bitcoin has consistently been above its fair value, and during a bull run, the times when it approaches fair value are often the best times to buy.

[CoinWorld] According to data platforms, a total of 130 million USD in the crypto assets market was liquidated in the past 24 hours, of which long positions were liquidated for 68.16 million USD and short positions for 61.86 million USD. Bitcoin liquidation was 12.17 million USD, and Ethereum liquidation was 28.83 million USD.

Jay Chou's friend, magician Cai Weize, claimed that his account was locked after managing and investing over 100 million Bitcoins, and subsequently went missing. Jay Chou is looking for him on social media and has unfollowed him. Cai Weize was active in the Blockchain investment circle, involved in multiple fields, and used his relationship with Jay Chou to attract investments. His whereabouts are currently unknown, and the management company has not yet responded.

Hyperliquid founder Jeff rebutted rumors about the platform "prioritizing protocol revenue," emphasizing that the automatic reduce position mechanism (ADL) has brought substantial net gains to users, and pointed out that this mechanism aims to drop system risk and achieve a win-win situation. Jeff also explained the simplicity and robustness of the ADL logic.

The UK tax authority sent 65,000 letters to investors suspected of owing taxes on Crypto Assets, with a 134% increase in function volume. Crypto Assets are considered investments, and sales or exchanges are subject to Capital Gains Tax, while income is subject to income tax. The prospect of tax rate changes has raised concerns.

【币界】Metaplanet Co., Ltd. holds unrealized gains of Bitcoin (BTC) have significantly decreased. At its peak, the gains were nearly 600 million USD, but at the time of writing, that number stands at 41.15 million USD.

[Chain News] On October 18, news emerged that Kevin Hassett, Director of the National Economic Council at the White House, stated that he plans to give a speech on artificial intelligence within one to two weeks. Trump still hopes for a friendly resolution to the government shutdown issue. The government shutdown would lead to a halt of nearly everything except defense.

The founder of a certain trading platform stated that Bitcoin will lead the market rebound, emphasizing that it is not only a hedging tool but also a substitute for the traditional financial system. He believes that Bitcoin has limitless characteristics and is accumulating a large amount of BTC, serving as the CEO of a new company.

[Chain News] PANews, October 18 - Following Trump's remarks on Friday easing trade tension anxieties, along with a rebound in regional bank stocks, Wall Street finally welcomed a positive close to the stock market after a week of unease. Spot gold has achieved its ninth consecutive week of pump, a phenomenon that is extremely rare. Wall Street is about to enter a crucial week for interpreting the truth about American companies: the third quarter earnings reports are entering a peak period, and inflation data will also make a significant appearance. Here are the key points that the market will focus on in the new week:
Monday 22:00, US September Conference Board Leading Index MoM
On Tuesday, the Federal Reserve held a payment innovation conference to discuss stablecoins, artificial intelligence, and tokenization; at 21:00, Federal Reserve Governor Waller delivered the opening speech at the Federal Reserve Board's payment innovation conference;
On Wednesday at 03:30, Federal Reserve Governor Waller will deliver closing remarks at the Federal Reserve Board's payment innovation conference;
Friday 20:30, US September non-seasonally adjusted C

[Coin World] A recent report from Deutsche Bank shows that gold's share in global "forex and gold" reserves has risen to 30%, while the dollar's share has dropped from 43% to 40%. Deutsche Bank analysts believe that, assuming current holdings remain unchanged, the price of gold would need to rise to about $5790 per ounce to match the dollar's share.

[Coin World] The UK Tax Authority ( HMRC ) has issued nearly 65,000 tax warning letters regarding Crypto Assets for the 2024-25 tax year, more than double last year's amount, as the department intensifies efforts to recover unreported digital gains. This surge comes against the backdrop of expanded data-sharing powers and an increase in Crypto Assets holdings, with an estimated 7 million investors currently in the UK. HMRC receives transaction data from major exchanges and will automatically gain access to records of global exchanges under the OECD's Crypto Assets Reporting Framework by 2026. Tax experts note that many investors may not be aware of these liabilities, as even exchanging Crypto Assets can trigger taxable events.