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According to Bloomberg, the prediction market platform Kalshi plans to launch exchange-traded futures contracts tracking the U.S. Consumer Price Index (CPI) and core CPI in December. They are promoting related products to major banks and hedge funds and have hired former Barclays trader Michael Ashton, known as "Mr. Inflation," to design the contracts and expand institutional clients.If launched, this would become a unique futures product directly tracking the CPI, helping institutional investors hedge against inflation and the risks of changes in Federal Reserve interest rates, and allowing Kalshi to further enter the traditional derivatives market dominated by the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE). Kalshi has confirmed that it is developing CPI futures but has not disclosed specific launch details.

QCP stated that the credit risks related to AI infrastructure are accelerating in repricing. CoreWeave's bond yield has risen to about 15% this year, as the market begins to reassess high financing costs and debt sustainability.The related pressure has spread from CoreWeave to the broader neocloud infrastructure sector, dragging down the performance of tech stocks and crypto assets, while pushing funds towards long-term U.S. Treasury bonds.

Supermicro (SMCI.O) has launched the NVIDIA Vera CPU rack, which is a rack-level solution equipped with 256 CPUs and designed with 100% liquid cooling. It is compatible with the NVIDIA Vera Rubin platform and supports large-scale intelligent agent artificial intelligence applications.

BTCPay Server has updated the optional WooCommerce/WordPress deployment through its Docker installer to address the recently disclosed serious PHP vulnerability. Users running WooCommerce on BTCPay Server should update immediately, which can be done by clicking "Update" directly within BTCPay Server.

AI Agent trading project NeoSoul announced today that Alan, former product head at Tencent and ByteDance, has been appointed as Chief Product Officer (CPO), fully responsible for product direction.Alan graduated from Tsinghua University and has worked on AI products at Tencent, ByteDance's TikTok, and SenseTime, with 8 years of Web3 experience. NeoSoul stated that it will continue to invest in product research and development, with a long-term focus on Agentic Trading.

NVIDIA has successfully won central processing unit (CPU) chip orders from the rapidly growing artificial intelligence startup Modal. Modal had previously only used Intel and AMD chips, indicating that NVIDIA has made significant progress in entering this market.

According to the Binance Research weekly report, the U.S. CPI rose to 3.7% in September, with energy contributing more than one-third, and the PPI increased year-on-year to 6.3%. Based on the EIA oil price path, the overall CPI may peak at around 3.9% in October and fall back to about 2.6% by March 2027.In terms of AI, Anthropic's revenue grew by 45% quarter-on-quarter in the third quarter, significantly lower than the previous growth rate of more than double; its Binance Pre-IPO contracts fell by 8.8% over two trading days, while the yield on CoreWeave bonds maturing in 2032 rose to about 16%. Binance Research believes that the cooling demand for AI and rising financing costs are simultaneously affecting AI infrastructure transactions.

Clearpool announced the 2026 v4 protocol whitepaper and stated that its institutional credit market has been operating on multiple EVM-compatible networks and is further expanding to the XRP Ledger. The whitepaper reveals that the institutional credit protocol will collaborate with Ripple and Cicada Partners to expand to the XRP Ledger for the settlement of the regulated stablecoin RLUSD, and will migrate the token from CPOOL to the new token CLEAR at a 1:1 ratio.The total supply of CLEAR is 1.429 billion tokens, with 1.125 billion tokens in circulation at the time of migration, accounting for 78.75%; this migration and the XRPL expansion have been approved through Snapshot voting, with a support rate of 97.16%. Since its operation began in 2021, the protocol has issued loans totaling approximately $965 million, with borrowers including Jane Street, Flow Traders, and Wintermute, and currently supports six EVM chains. 50% of the protocol fees will be used for open market repurchases and permanent destruction of CLEAR. XRPL products are preparing for testing on Devnet.

The U.S. September CPI unexpectedly rose to 3.7%, raising concerns about inflation. The U.S. bond market initially saw yields surge after the data was released, but then fell back to a three-week low due to safe-haven buying.Tonight, PPI and retail sales data will be released, and market volatility may increase.

Federal Reserve's Barkin stated that the CPI report was higher than his expectations.

The U.S. September seasonally adjusted core CPI year-on-year is 2.6%, expected 2.50%, previous value 2.40%.The U.S. September seasonally adjusted core CPI month-on-month is 0.3%, expected 0.20%, previous value 0.30%. The U.S. September seasonally adjusted CPI month-on-month is 0.6%, expected 0.60%, previous value 0.40%.

The U.S. September seasonally adjusted CPI annual rate is 3.7%, expected 3.6%, previous value 3.40%.

Bitcoin has retreated from around $86,000 at the beginning of October, fluctuating in the range of $81,000 to $84,000 in recent days, while the US dollar has strengthened and US Treasury yields remain high. Cloud, the chief analyst at Huobi HTX, believes that the likelihood of breaking down from the fluctuation range is greater.The ISM services price index rose to 74.0 in September, the highest since July 2022, and the one-year inflation expectation from the University of Michigan rose to 4.7% in October. The rise in price components and inflation expectations indicates that the probability of CPI exceeding expectations this Thursday is not low; if this materializes, the pricing for interest rate hikes at the end of the year will be further strengthened, and the lower bound of $81,000 will be tested first. Only if CPI is below expectations will the breakthrough of the upper bound of $84,000 have sustainability.The recent decline in chip stocks is mainly due to the repricing of AI capital expenditures and hardware profit expectations. The retracement of Bitcoin is smaller, indicating that its pricing is more aligned with macro liquidity, and its correlation with the AI narrative is weakening; however, this divergence is temporary. Once the US dollar and long-term interest rates regain dominance in pricing, the linkage will quickly strengthen, with the CPI announcement on Thursday evening serving as a recent testing window.

The U.S. Bureau of Labor Statistics will release the September CPI data tonight at 20:30. The agency expects the overall CPI year-on-year increase to rise from 3.4% in August to 3.6%, with a month-on-month increase of 0.6%, marking the largest increase in nearly five months, mainly driven by a rebound in energy prices. The core CPI is expected to increase by 2.5% year-on-year and 0.2% month-on-month, lower than the previous value of 0.3%.This CPI report is the last inflation report before the Federal Reserve's interest rate meeting on October 27-28. CME data shows that the market currently expects a 17% probability of a rate hike by the Federal Reserve in October. If the core CPI month-on-month increase reaches 0.3%, it may reinforce expectations for a rate hike this month; if it meets the expectation of 0.2%, the Federal Reserve may pause action and delay the rate hike decision until December. In addition, the U.S. will release PPI data on Thursday, and both CPI and PPI will affect the market's judgment on future inflation trends and the Federal Reserve's policy path.

CoinShares pointed out in its latest biweekly market report that last week, the net outflow of the U.S. spot BTC ETF was $679 million, with a single-day net outflow of $485 million on Wednesday, setting a record for the largest single-day outflow since June; the ETH ETF saw a net outflow of $542 million last week, accumulating nearly $700 million in outflows over nine consecutive trading days.BTC approached $87,000 on October 5, then fell back to about $80,300, and subsequently rebounded to around $83,500. The report shows that the correlation between BTC and the Nasdaq index has risen back to about 40% of the long-term average, while the correlation with inflation-linked bonds continues to strengthen.CoinShares believes that the U.S. CPI data to be released this week will be an important variable: if the core CPI rises by 0.3% month-on-month, it may strengthen market expectations for a rate hike by the Federal Reserve in October, putting BTC at risk of testing $80,000 again.

Danske Bank analyst Silje Bue stated that the US dollar remains near an 18-month high due to weakened market risk appetite and supportive comments from Federal Reserve officials regarding interest rate hikes.The market is focused on the US inflation data on Wednesday to assess the Federal Reserve's future interest rate decisions. Bue mentioned that even if the CPI data indicates that the Federal Reserve may raise rates once each quarter, the strong pattern of the dollar may be difficult to change.

Macquarie Group strategist Thierry Wizman stated that the U.S. September CPI is expected to accelerate, but it is unlikely to prompt the Federal Reserve to raise interest rates in October.Analysts expect the overall CPI in September to increase year-on-year from 3.4% in August to 3.6%. Market pricing indicates that the probability of the Federal Reserve raising interest rates at the meeting on October 28 is about 19%.

Bitfinex Alpha's latest report indicates that whether Bitcoin can regain the $84,500 level this week will depend on whether the U.S. CPI data changes market expectations for interest rates and yields, as well as whether spot market buying can follow up.This round of correction is similar to multiple adjustments during the previous recovery phase, and investors with holding costs within the original trading range have not shown significant selling. However, spot buying remains a weak link in the current market, with Bitcoin ETF investors' average holding cost around $84,340, and the current price is below this level, leading some investors to potentially sell as the rebound approaches their cost level.Analysts believe that if this week's core CPI month-on-month increase is 0.2% or lower, it may reduce market interest rate hike expectations and drive yields down, providing room for BTC to rise; if the core CPI reaches 0.3% or higher, it may continue to suppress the performance of risk assets. BTC may fluctuate in the range of $81,300 to $84,500 in the short term.If the price breaks through and stabilizes above $84,500, while ETF fund flows are strong, the market may retest the year-to-date opening level of $87,722; if it falls below $81,300 with continued capital outflow, it may further dip to around $77,400, the true market average level.