Today's Market行情
BTC price is $81,681.63, down 0.86% in the last 24 hours.
ETH price is $2,222.10, down 1.28% over the past 24 hours.
XRP price is $1.308, down 2.31% over the past 24 hours.
BNB price is $721.63, down 1.03% in the last 24 hours.
SOL price is $104.30, down 1.36% over the past 24 hours.
TRX price is $0.33504, up 0.90% in the last 24 hours.
DOGE price is $0.08084, down 0.68% in the last 24 hours.
HYPE is priced at $80.023, down 2.65% over the past 24 hours.
News Updates
Microsoft and OpenAI are collaborating on a secret project to collect AI training data.
According to CoinDesk, a court document unsealed on October 16 revealed that Microsoft instructed its employees to keep confidential a web scraping project conducted on behalf of OpenAI to collect artificial intelligence (AI) training data. Under the project codenamed "Project Mango," OpenAI paid Microsoft to develop and operate a web crawler that copied web content, which was subsequently used to train models including GPT-4o.
OpenAI has officially hired Graham Seamans from SpaceX.
CoinDesk reports that OpenAI has officially hired Graham Seamans from SpaceX to lead sales for its cybersecurity business line, marking the latest move by OpenAI to recruit talent from Elon Musk’s AI team. OpenAI is currently accelerating its commercial expansion, aggressively growing enterprise customer sales while exploring new revenue streams such as advertising to pave the way for a potential future IPO. Musk previously sued OpenAI, which he co-founded, arguing that its shift toward a for-profit model violated its original public-benefit mission—but he ultimately lost the case. Following this, Musk founded xAI, a competing AI development company, and merged it with SpaceX.
Google partner Novacore Labs completes asset acquisition with AIBOTICS
According to CoinDesk, Google partner Novacore Labs has completed an asset acquisition with AIBOTICS to expand its AI, drone, mapping, and automation platform in Jamaica.
Wall Street anxiety intensifies as AI downturn and $110 oil shock converge.
CoinDesk reports that Bloomberg has noted Wall Street has been betting on remarkable AI growth throughout the year while remaining concerned about persistent inflation. This week, investors once again felt the impact of both risks: a deep downturn in the AI sector is affecting its debt financing, while oil prices have reached $110 per barrel, threatening inflation control.
This week, the S&P 500 fell approximately 2.1%, the Nasdaq dropped 4.5%, and the Dow rose 0.6%.
According to CoinMarket, this week, the S&P 500 fell approximately 2.1%, the Nasdaq dropped 4.5%, and the Dow rose 0.6%. The Philadelphia Semiconductor Index declined 11.4%—marking eight consecutive trading days of losses—while the memory chip index slid 17.6%, the S&P 500 Semiconductor & Equipment Index fell 9.4%, the AI Software Pioneer Index dropped 6.5%, and the AI Winners Index declined 12.2%. The Interest Rate Cut Winners Index rose 1.2%. The Big Tech Seven Index fell 2.7%, and the Mega-Cap Tech Index dropped 4.4%. The S&P 500 initially closed down 1%, and the Nasdaq 100 initially closed down 2.4%.
Crypto Updates
Cipher Digital: Issuing $850 million in convertible senior notes on October 16
According to CoinWorld, Cipher Digital issued $850 million in 0.00% convertible senior notes on October 16, with a maturity date of 2032. This information has been filed with the SEC.
El Salvador purchased 1 additional Bitcoin today, increasing its strategic reserve to 7,807 BTC.
CoinDesk reports, according to Bitcoin Magazine, El Salvador purchased one additional Bitcoin today, bringing its total strategic reserve to 7,807 Bitcoins.
The Cobo wallet will be shut down on December 1; users must withdraw their assets before this date.
According to CoinDesk, Cobo has announced that its consumer wallet app will be shut down on December 1, 2026. Users must withdraw their assets before this date, or they will be subject to a monthly account maintenance fee of at least $100. As stated in Cobo’s notice, users must complete asset transfers by November 30, with the shutdown taking effect at 00:00 UTC+8 on December 1. Cobo also requires users to replace or remove their Cobo wallet receiving addresses stored on exchanges, mining pools, and other platforms to prevent funds from being mistakenly sent to outdated addresses. This shutdown applies only to the consumer wallet app; Cobo has not accepted new registrations since 2021 and has primarily focused on institutional wallet services.
The BTC DVOL index is at 38.17 points.
CoinDesk data: The latest reading of the BTC DVOL index is 38.17 points.
This week, CME open interest decreased by 3.17%.
CoinDesk data: According to the CME's weekly crypto positioning report, BTC open interest this week stands at 20,752 contracts, a 3.17% decrease week-over-week; ETH open interest is at 25,543 contracts, a 7.72% decrease week-over-week.
Opinion
Bank of America warns: AI spending will reach $1 trillion over the next year, surpassing the 1990s tech boom.
CoinDesk reports that Bank of America has warned that over the next year, hyperscale cloud companies are expected to spend $1 trillion on artificial intelligence (AI), surpassing the tech boom of the 1990s. According to Bank of America’s analysis, this spending represents approximately 3% of U.S. GDP—nearly triple the 1.1% seen during the 1990s tech boom and higher than the 2.2% attributed to the railroad boom of the 1870s. Bank of America strategist Sebastian Raedler warned that most past capital cycles “ended in disappointment.” Since the summer, the average price of AI-related tokens has declined by approximately 50%.
Anthropic receives a BB+ credit rating and secures $35 billion in chip financing.
CoinDesk reports that Anthropic recently received a BB+ credit rating from KBRA, just one step away from investment grade. This rating comes as the company prepares for a $35 billion chip financing round. Additionally, Wall Street banks are organizing a separate $60 billion financing plan to support its acquisition of AI chips from Google and Broadcom.
Citigroup: The U.S. Treasury will reduce the issuance of long-term Treasuries.
CoinDesk reports that Citigroup strategists say the U.S. Treasury will reduce the issuance size of long-term Treasuries in next month’s quarterly refunding announcement. Survey responses indicate that Treasury officials are considering such a move. The Treasury has sought input from dealers on long-end buyback operations and structural demand trends to assess potential adjustments to the auction sizes of nominal coupon bonds and floating-rate notes. Citigroup believes the Treasury will cut the auction sizes of both the 20-year and 30-year Treasuries by $3 billion each on November 4. Since the last refunding announcement, a significant sell-off in long-end yields has prompted the Treasury to shift long-term issuance toward shorter-term T-bills.
OpenAI has poached another sales executive focused on AI from SpaceX.
CoinDesk reports that OpenAI has poached another AI-focused sales executive from SpaceX. OpenAI has hired Graham Symes, formerly of Elon Musk’s SpaceX, to lead sales for its cybersecurity division. This is the latest in a series of hires by the company from Musk’s AI ventures. Symes has led the sales team at xAI since August 2025 and was involved in the company’s renewed efforts to pitch its Grok chatbot to Wall Street. He stated that he will be joining OpenAI’s cybersecurity team. Symes is the latest sales executive to be recruited by OpenAI from SpaceX’s AI division. According to his LinkedIn profile, prior to joining xAI last year, Symes worked at MongoDB for approximately eight years.
AWS CFO: AI spending is sustainable, with server investment payback periods under three years
According to CoinDesk, AWS Chief Financial Officer John O’Farrell stated that spending on AI infrastructure and services is sustainable, with related investments driving substantial innovation. He noted that AWS’s AI capital expenditures are generating returns, and businesses should view AI as a tool to enhance productivity, not merely as a means to cut costs. O’Farrell also mentioned that, as of the second quarter, AWS’s order backlog approached $500 billion, encompassing large enterprises and AI labs, as well as small and medium-sized businesses. He expressed confidence in the company’s capital expenditure strategy and emphasized that demand is genuine. Additionally, the return on investment for AWS’s AI servers is less than three years. O’Farrell said internal AWS data shows a roughly linear relationship between token usage and productivity gains; AWS has already achieved significant ROI and productivity improvements and plans to further increase its investments in this area.