News linked to both this project and an event.
JPMorgan assesses that contract renewals and expansion, along with AI product version upgrades, support a Q3 beat, but as AI monetization is more likely to occur in 2027, further re-rating will require evidence of stable organic cRPO growth. Maintains Overweight with a $150 price target, implying 3.2% upside from current levels.
10x Research's latest crypto market weekly report notes that the crypto market broadly suffered a sell-off last week, with altcoins declining significantly more than Bitcoin. The 141 tokens it tracks fell 14% on average, while Bitcoin dropped only 3% over the same period.10x Research states that trading volume in the crypto market is currently declining, stablecoin supply continues to contract, and ETF fund flows have turned to net outflows, reflecting mounting pressure on market liquidity.However, options market pricing indicates that pressure remains relatively low, while speculative positions in the CME futures market are near highs, suggesting that the derivatives market has not yet fully reflected the weak performance of the spot market.10x Research believes that investors should focus this week on key Bitcoin technical levels, Ethereum position allocation, as well as capital flows and position changes in the altcoin market.
Odaily News — On October 16, B.AI published its weekly token ranking for domestic model brands covering October 9 to 15. Xiaomi's model token usage held steady at No. 2 for the third consecutive week, surging 49.9% week-over-week, with its platform token usage share rising 10.4 percentage points. DeepSeek continued to lead this week with a total of 1.03T tokens. Zhipu grew 44.3% week-over-week, with its platform share increasing 3.7 percentage points, ranking No. 3. Moonshot's token usage skyrocketed 286.5% week-over-week. With multiple models competing side by side, real usage bears witness to market shifts. B.AI continues to expand model options, empowering developers to flexibly access diverse AI capabilities. Log in to b.ai to explore.
Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.
10x Research released a report stating that the top ten cryptocurrencies by market capitalization have continuously shifted over the past decade, indicating that holding altcoins long-term is not the optimal strategy—momentum trading is more critical. A bullish stance can be maintained if an altcoin trades above its 6-month or 12-month moving average; once it falls below, investors should decisively reduce positions. Using a dual-screening framework based on fundamental catalysts and risk management, the firm has currently identified six altcoins exhibiting strong bullish catalysts and meeting risk-management criteria. Historical data shows such a carefully selected portfolio is likely to significantly outperform Bitcoin.
CryptoQuant analyst Axel Adler stated that Bitcoin has lost its structural upward momentum amid a sharp deterioration in the macroeconomic environment. This is a significant signal, suggesting the market is currently more in a "Risk-off" phase. Until its on-chain "Impulse" indicator returns above the zero line, every BTC rebound still lacks confirmation.He pointed out that the recently published fourth part of his "Decision Architecture for Bitcoin" focuses on building a macro framework based on the US Dollar Index (DXY), the 10-year US Treasury yield, and the VIX volatility index. The core argument is that not all macro fluctuations will disrupt the on-chain structure, but when macro factors truly enter "dominant mode," the market may temporarily lose upward momentum even if on-chain data is positive.Additionally, CryptoQuant added a dashboard for US spot Bitcoin ETFs this week, covering data such as weekly net inflows, cumulative flow, 30-day ETF Flow Momentum, demand changes over the past four weeks, and capital distribution among various funds. Currently, the 30-day momentum of the ETF stands at just $362.8 million, whereas this indicator reached a high of $13.21 billion in December 2024 and hit a low of -$5.36 billion in November 2025.Adler emphasized that the Coinbase Premium Index remains a crucial indicator for observing US spot demand. When the index stays consistently above zero, it indicates that US buying is still supporting the market. If it turns negative, even if BTC rises, its upward trend may lack genuine US demand support.
According to independent analyst Markus Thielen, HYPE has become one of the strongest-performing tokens in the crypto market since the outbreak of the Iran conflict, surging over 100% from its 2026 lows—with particularly pronounced outperformance relative to Bitcoin. The core driver behind this strength lies in Hyperliquid’s ongoing expansion beyond crypto into other asset classes, having successively launched TradFi-linked products such as oil and SpaceX perpetual contracts, thereby attracting substantial capital inflows. Thielen notes that this trend reflects a broader acceleration by crypto exchanges into high-volatility, topical traditional financial derivatives—and signals that the intrinsic value of crypto infrastructure itself is gradually surpassing the crypto narrative. Although HYPE is already a highly crowded long position with strong conviction among market participants, its current momentum remains robust.
According to official announcements, following last week’s record highs for two major U.S. stock indices, the Q1 earnings season is in full swing. To meet investors’ demand for allocating to volatile assets, Bybit TradFi has launched the sixth batch of its “Stock Carnival” expansion—adding 45 popular U.S. equities. With this addition, the total number of tradable assets on Bybit TradFi has surpassed 400, including nearly 300 equity instruments.