Odaily News: On October 16, according to SoSoValue data, the crypto market sectors overall showed a modest upward trend, with the AI sector performing notably well, rising 3.63% in 24 hours. Among them, Akedo (AKE) rose 16.45%, and Venice Token (VVV) rose 10.25%. Meanwhile, Bitcoin (BTC) rose 0.54%, breaking through $82,000; Ethereum (ETH) rose 0.78%, breaking through $2,400.
In other sectors, the DePIN sector rose 2.54% in 24 hours, with Grass (GRASS) up 9.34%; the Layer2 sector rose 2.11%, with Starknet (STRK) up 11.48%; the PayFi sector rose 1.94%, with Zcash (ZEC) up 7.92%; the DeFi sector rose 1.46%, with Curve DAO (CRV) up 7.56%; the Layer1 sector rose 1.16%, with Injective (INJ) up 13.88%.
Additionally, the Meme sector fell 0.26%, though Pons (PONS) rose 9.40%; the CeFi sector fell 0.22%, with OKB down 3.29%.
Crypto sector indices reflecting historical sector performance show that the ssiAI, ssiDePIN, and ssiRWA indices rose 3.87%, 3.24%, and 2.92% respectively.
According to Odaily, citing Gate data, South Korea's KOSPI index intraday gains widened to 3.3%, currently standing at 5,737.91 points. SK Hynix rose 2.22%, and Samsung Electronics rose 1.79%.
Odaily reports: According to MSX.COM data, U.S. stocks closed with the Dow up 1.08%, the S&P 500 up 0.33%, the Nasdaq up 0.08%, and the VIX fear index down 2.43%. AI-related stocks rose broadly, with SoundHound AI up 7.95%, The Trade Desk up 7.8%, EPAM up 6.66%, ServiceNow up 6.14%, and Atlassian up 6.09%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: Bitcoin bottomed out and rebounded at $80,000, with previously strong coins recovering. NEAR is now trading at $5.3281, up 9.9% in 24 hours; ZEC is now trading at $1,234.78, up 8.53% in 24 hours; PYTH is now trading at $0.09335, up 10.5% in 24 hours, hitting a new high since last November; INJ is now trading at $8.563, up 11.98% in 24 hours, hitting a new high since last November.
Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale opened max-leverage long positions on BTC and ETH worth $187 million 4 hours ago. The BTC long position is 1,822 coins, valued at $150 million, with an entry price of $82,409 and a liquidation price of $80,634; the ETH long position is 15,270 coins, valued at $37.33 million, with an entry price of $2,455 and a liquidation price of $2,406. The whale's most successful previous trade yielded a profit of $14.8 million: going long on NEAR at $2.14 in late August and taking profit at $4.88 in late September.
Odaily News: Nvidia CEO Jensen Huang stated that data center operator CoreWeave's financial condition is improving. Nvidia is CoreWeave's computing equipment supplier. Speaking at an event in Stockholm, Huang said: "CoreWeave's strength is growing every day." He believes there is no need for Nvidia to provide financial guarantees for CoreWeave. "I am optimistic. In fact, their cost of capital is declining."
Previously, confidence in CoreWeave in the credit market had deteriorated, with concerns that its default risk was rising, and Huang is seeking to restore market confidence in the company. CoreWeave is an important case for testing the sustainability of the business models of emerging AI infrastructure companies. These companies have emerged to meet what companies like Nvidia describe as nearly unlimited growth in AI computing demand. Companies such as CoreWeave have borrowed heavily with the support of suppliers including Nvidia, raising market concerns about circular financing creating artificial demand.
