Adam Posen, director of the Odaily Planet Daily's Institute for International Economics and a former Bank of England policymaker, said that the government shutdown itself and the turmoil surrounding the Bureau of Labor Statistics "have exacerbated widespread doubts about U.S. governance and reliability... This is important. It will ultimately affect reserve management and monetary policymaking, and affect the outlook for volatility in the United States that did not exist before." With major gaps in the data flow covering about a quarter of global economic output, the longer the government shutdown lasts, the more unclear the outlook will become. "Of course, there is still a lot of information out there, and policymakers are investing a lot of energy in collecting micro data and anecdotal evidence on the United States," said Robert Kahn, head of global macro at the Eurasia Group. "But how best to put it all together, and importantly, how the market will react to the news, are key unknowns. As time goes by, uncertainty continues to accumulate and the risk of making mistakes is rising." (Jinshi)

According to BitcoinTreasuries.NET, Hamak Strategy (HASTF), a West African listed gold miner, is raising $46.55 million to purchase more Bitcoin.

According to on-chain analyst Yu Jin, a whale (0xb9f...d365) has recently invested heavily in ETH, after suffering a $2.04 million loss in the ETH flash crash. The whale initially bought ETH at $4,300 in early September, but the position was liquidated in the flash crash on the morning of October 11th, resulting in a $2.04 million loss. The day after the liquidation (October 12th), the whale withdrew 9.5 million USDC from Binance and invested in ETH again. The whale currently holds a long position of 18,900 ETH, valued at $78 million, with an average entry price of $3,717.

According to Odaily Planet Daily, Jonas Goltman, deputy chief market economist at Capital Economics, said that U.S. Treasury yields may be about to bottom out. He pointed out that U.S. Treasury yields have recently fallen due to renewed tensions in trade relations, but "unless the trade war actually breaks out again, we do not believe that U.S. Treasury yields will fall further significantly in the short term." Goltman explained that the main reason for the current relatively low U.S. Treasury yields is that although market concerns about an economic recession have eased, "in recent months, the Federal Reserve's policy outlook has clearly shifted towards lower interest rates." He added that Federal Reserve Chairman Powell also made it clear in his speech on Tuesday that he still plans to continue cutting interest rates. (Jinshi)

According to a report from Huoxun Finance on October 15th, FineryMarkets, a provider of encrypted electronic communications networks and SaaS, stated in a report that during the recent cryptocurrency market crash, over-the-counter (OTC) desks played a crucial role as a "shock absorber," stabilizing trading, curbing market volatility, and limiting the spread of broader systemic risk. The company explained that, unlike centralized channels like Binance, which rely on central, visible liquidity, OTC desks provide off-exchange liquidity in a unique, private environment tailored to each participant. This "dark pool liquidity" significantly reduces the contagion of systemic risk and helps avoid bank runs, which can be triggered by visible panic on public order books.