Affected by concerns about Asian stock markets and the AI sector, Bitcoin fell below $81000 and rebounded to around $83000

[Ki Young Ju: Bitcoin Bear Market Cycle Ends, Entering Bull Market or Sideways Movement in the Next 12-24 Months] On October 13, CryptoQuant founder Ki Young Ju stated that the Bitcoin bear market cycle has ended, and it is expected that a bull market or sideways movement will occur in the next 12-24 months. Ki Young Ju had previously predicted on March 18, 2025, that the Bitcoin bull market cycle would end, followed by 6-12 months of a bear market or sideways movement. Now, he officially announces the conclusion of that predicted cycle.

Tencent plans to launch the open-source model Hy4 in 2026 and initiate a $5 billion USD and offshore RMB bond issuance program, with USD bonds having maturities of 10 and 20 years, and offshore RMB bonds having maturities of 10 and 30 years. (Source: Bloomberg)

Ledger SAS is reviewing its device sales policies and processes, and evaluating anti tampering protection measures to address the previous hardware wallet incident where $90 million in cryptocurrency was stolen due to the implantation of spyware. Chief Technology Officer Charles Guillemet stated that users who suspect their devices have been tampered with should first refer to the Ledger security operation guide and send the suspicious device to Ledger for inspection.

Bank of Korea Governor Shin Hyun song stated that the appreciation of the Korean won is beneficial to the economy, as it enhances household purchasing power and helps alleviate economic development disparities. The Bank of Korea will maintain a restrictive monetary policy until inflation returns to its target level. Currently, inflation, exchange rates, and financial stability factors are pointing towards the same policy direction.

BTC has risen, with a trading volume of $46.9 billion in the past 24 hours and a circulating market value of $1.67 trillion, representing a 1.26% increase in market value. Data for reference only