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In September, long-dormant Bitcoin addresses transferred 5,419.45 BTC, worth approximately $457 million, involving 94 transactions. The amount transferred was lower than August's 6,427.59 BTC but higher than July's.Among them, wallets created in 2016 transferred 1,556.53 BTC, involving 13 transactions. Wallets created in 2013 transferred about 888.91 BTC, distributed across 26 transactions. Additionally, about 57 transfers involved Bitcoin that had been dormant for 12 to 16 years; the highest amount transferred on September 6, reaching 1,620.39 BTC.

Bitcoin Magazine reported that the Chief Business Officer of the cryptocurrency exchange platform Coinbase stated that the company is working with advisors from six globally systemically important banks to increase exposure to Bitcoin.Coinbase Chief Business Officer: The company views this as an opportunity to expand the market and provide individuals with more ways to access Bitcoin. Globally systemically important banks are large banks identified by the Financial Stability Board that have a significant impact on the global financial system.

EntropyLab has released the first candidate version of its self-contained Bitcoin key and wallet calculator v1.0rc1. The application runs as a single HTML file, requiring no internet connection and does not generate entropy on its own; users can provide their own entropy to calculate keys and wallets in a completely offline environment.The tool supports multi-signature, PSBT, BIP-85, Silent Payments, vanity addresses, watch-only wallet exports, and random number analysis. This version is reproducible and can be verified through the signatures of four independent signers; the team recommends that users download and verify the file before transferring it to an isolated network computer. The official version v1.0 will be released after the candidate version testing is completed.

According to the Arbitrum Security Committee report, in response to the increasingly complex risks of AI-assisted attacks, Arbitrum took emergency action around 23:30 Beijing time on October 2 to temporarily halt the activation of new Stylus contracts on the Arbitrum One and Nova networks.This restriction mainly targets programs and application updates that require new activation, while already activated Stylus applications can continue to operate, and the deployment and execution of regular Solidity contracts are not affected. Arbitrum officials stated that this preventive measure stems from threats of WebAssembly program attacks targeting non-standard Stylus compiler toolchains, and no risk of fund theft has been discovered so far. The main concerns are on-chain activity and denial-of-service (DoS) attacks. Developers can still extend the lifecycle of existing programs through a permissionless keep-alive renewal mechanism, but they cannot activate expired programs or new version applications.

According to monitoring by Glassnode, investors who previously bought at high prices in the Bitcoin market are currently selling off. Data shows that there are two groups currently in a loss state: one group consists of investors who bought at a price of $97,000 one to two years ago, and the other group consists of investors who bought at a price of $89,000 six to twelve months ago.Analysis indicates that investors who entered during the price increase in 2025 are currently selling the most Bitcoin daily, while those who bottomed out during the market decline show a strong willingness to hold and are not selling off in large quantities.

Concrete (CT) is about to launch on Bitget PoolX. Users can lock up BTC to participate in the distribution of 1,111,111 CT airdrop, with a personal lock-up limit of 50 BTC. The lock-up period is from October 4th, 22:00 to October 12th, 22:00 (UTC+8).This PoolX supports a long-term holding bonus mechanism. The system will provide additional bonuses based on the minimum holding amount of the corresponding locked assets in the past 15 days. For more details, please refer to the official Bitget platform.

According to Matthew Sigel, the head of digital asset research at investment management company VanEck, Bitcoin is currently in the early stages of a bull market, with strong market performance. VanEck has set a mid-term target for Bitcoin's market capitalization to reach half of gold's market capitalization (approximately $500,000) and believes that in the long term, if Bitcoin can capture a significant share of global energy trade, its price could reach $3 million by 2050.Sigel pointed out that the correlation between Bitcoin and gold has reached a multi-year high, and the continuous inflow of institutional investors through channels such as spot ETFs has provided support for the market. Additionally, Bitcoin mining companies, due to their possession of scarce electricity resources in the AI economy, have seen a significant increase in the value of their mining equipment and energy contracts, providing new opportunities for investors. Regarding the quantum computing risk that the market is concerned about, Sigel stated that while this is a problem that needs to be addressed, the community has already begun to pay attention and actively respond, and this does not constitute a reason to sell Bitcoin.

Analyst Ali posted on platform X that Bitcoin recently faced resistance at $87,000, during which whales took profits and sold over 30,000 BTC. At the same time, $87,000 is also the upper boundary of the price channel that has been suppressing BTC for more than the past two weeks.Ali stated that in the short term, attention should be focused on the lower boundary of the channel at around $82,500. If BTC falls back to this level and whales begin to accumulate again, it will serve as a confirmation signal for considering buying on dips, with the next rebound target looking towards $87,000.

The Nasdaq-listed Bitcoin mining company Bitdeer posted on platform X that, as of the week ending October 2, its Bitcoin mining output was 292.3 BTC, and it sold 292.3 BTC during the same period, resulting in a net increase of 0 BTC, currently maintaining a zero Bitcoin position.

CryptoQuant analyst Axel Adler Jr. stated that in the past 30 days, Bitcoin's realized market capitalization grew by 1.2% (approximately 12.8 billion USD), reaching 1.079 trillion USD on October 2. Compared to a growth rate of 0.66% a month ago, its growth rate has doubled.

Renowned trader Killa posted that he expects Bitcoin's peak this year to reach $97,000, with most of the year remaining below that price level in a range-bound movement.Killa stated that in the short term, $80K-$83K is critical for Bitcoin. If it falls below that, the next possible range will be $74K-$77K. That could very well be the last capitulation bottom before pushing towards $97K.However, if the strength continues, the pullback could be much shallower, possibly only down to the low of $80K, followed by the next wave of increase.

Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate did not advance the CLARITY Act, stablecoin platforms retain the space to offer balance rewards to customers, and exchanges like Coinbase continue to hold the advantages of existing state-level licenses and the integration of trading and brokerage services.The U.S. Securities and Exchange Commission (SEC) has issued a five-year exemption for tokenized stock trading, allowing eligible platforms to test using licensed automated market makers and liquidity pools. Hougan listed Securitize, which will serve tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. SEC staff updated the token buyback guidelines, stating that for networks that are functional and do not have a centralized party, buyback announcements do not constitute a commitment relied upon by buyers for expected profits; this guideline does not have legal effect.

CryptoQuant CEO Ki Young Ju posted on the X platform that this round of the Bitcoin bull market will bring a 3-5 times increase, rather than another round of parabolic surge exceeding 10 times, followed by a milder bear market.Ki Young Ju pointed out that in this cycle, the MVRV has never fallen below 1. Even at the lows, BTC has remained above the average on-chain cost basis for holders. Some investors have incurred losses, but overall holders have never fallen into a loss.

According to Onchain Lens monitoring, BlackRock's Bitcoin spot ETF IBIT received 2,309.6 Bitcoins from Coinbase Prime, with the post indicating a value of approximately 196.6 million USD.

According to Gate market data, due to network revenue being unable to cover maintenance costs, the Layer 2 network Blast announced it will cease operations. Following this announcement, South Korea's two major cryptocurrency exchanges, Upbit and Bithumb, have placed BLAST on their trading watchlists. BLAST has cumulatively dropped over 40%, currently priced at $0.0002433, with a market capitalization of approximately $24 million.

On October 2, at 11:30 AM Eastern Time, the Arbitrum Security Committee executed an emergency upgrade on Arbitrum One and Nova, suspending the activation of all new Stylus contracts on both chains, while adding a protective mechanism against BoLD single-step proofs in the dispute system of Arbitrum One. The Arbitrum Foundation stated that this action is part of ongoing proactive security measures aimed at protecting the security and integrity of the network.Stylus allows developers to write smart contracts using languages such as Rust and C++, while maintaining compatibility with the Ethereum Virtual Machine, with its programs compiled into WebAssembly format. This suspension primarily targets manually written WASM programs that do not use the standard Stylus compiler toolchain and have not yet been patched by the current version of ArbOS. The Security Committee increased the gas required for activation to the theoretical maximum by calling ArbOwner.setWasmActivationGas(2^64 - 1), making new activations economically unfeasible. Activated Stylus contracts are unaffected and can continue to execute and renew, and the deployment and execution of Solidity contracts are also unrestricted.The newly added BoLD protection allows anyone to pause the settlement from Arbitrum One to Ethereum when two conflicting and accepted answers appear in the same dispute step, which may delay unconfirmed withdrawals to allow the Security Committee to deploy fixes. Officials pointed out that the currently discovered Stylus-related vulnerabilities mainly affect the activity of the chain, such as denial-of-service attacks, and do not jeopardize user funds.

Bloomberg ETF analyst Eric Balchunas posted on platform X that the U.S. Securities and Exchange Commission (SEC) has just approved 3x long Bitcoin, Ethereum, gold, silver, crude oil, and natural gas ETPs under the Securities Act of 1933.

Austrian cryptocurrency exchange Bitpanda's co-CEO Christian Trummer stated in Cointelegraph's Chain Reaction program that with the implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA), European crypto users' trust in regulated platforms has increased. He pointed out that most users trust regulated market participants more than managing private keys themselves.Trummer described the preference for self-custody as a small circle focused on "Crypto Twitter," believing that most users are more inclined to choose regulated service providers. He also called on regulators to enforce MiCA more strictly, stating that some companies are still providing services to European customers without obtaining a MiCA license, putting compliant businesses at a competitive disadvantage.The transition period for existing crypto service providers under MiCA ended no later than July 1, and the European Securities and Markets Authority (ESMA) instructed national regulators to take action against unauthorized companies that continue to provide crypto services after the transition period. ESMA subsequently called for stronger regulatory powers to address unauthorized crypto services and third-country companies soliciting business from EU investors without MiCA authorization.

According to Catcher Predict monitoring, in the market prediction event "Bitcoin Breakthrough on October 3" on Polymarket, the "Yes" option for the sub-market "84,000" experienced severe fluctuations, plummeting from 92.05% an hour ago to the current 53.6% (a fluctuation of 38.45%). Please note the impact of related breaking news.