nc

Bitcoin recorded its best performance in the third quarter since 2017, with an increase of 43%. Influenced by the surge in U.S. Treasury yields and weak employment data in September, the Federal Reserve's interest rate hike expectations for October have significantly cooled.

According to Gate market data, the yield on the 30-year U.S. Treasury bond rose to 5.69%, reaching a new high since 2002.

According to The Wall Street Journal, Michael S. Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced on October 5 that the CFTC has officially proposed the first batch of regulatory rules for the cryptocurrency market, aimed at promoting innovation and protecting investors.Previously, due to Congress's failure to pass relevant bills clarifying the federal legal status of cryptocurrency assets, the CFTC and SEC turned to existing statutory powers to lead the formulation of market structure rules. During the previous administration, the two regulatory agencies primarily targeted cryptocurrency exchanges, custodians, and software developers through enforcement actions, resulting in a large number of cryptocurrency companies moving overseas.The introduction of the new rules marks an important shift in U.S. federal cryptocurrency regulation from "enforcement instead of legislation" to "proactive rule-making."

Chainalysis, in its "East Asia Cryptocurrency Adoption Report" released on October 5, stated that during the period from July 2025 to June 2026, overall cryptocurrency activity in East Asia has slightly contracted due to the global bear market, but significant differentiation has emerged within the region: South Korea remains the largest retail trading center, Hong Kong is becoming a hub for institutional fund settlement, Japanese users are accelerating their shift towards DEX and perpetual contracts, while the peer-to-peer use of stablecoins in mainland China continues to expand.The report estimates that South Korea's cryptocurrency economy will reach $449.1 billion during the same period, a 12.3% increase from the previous cycle, maintaining its position as the leader in East Asia; Japan, Hong Kong, mainland China, and Taiwan are at $228.3 billion, $192.2 billion, $176.3 billion, and $140.4 billion, respectively. The growth in South Korea is mainly driven by increased capital flows related to trading platforms, with the report stating that the local trading platform ecosystem has added approximately $51.1 billion in new traffic.The most notable change in the South Korean market comes from AI token trading. Chainalysis noted that by June 2026, AI-related cryptocurrency assets have become the largest thematic sector in won trading, surpassing the popularity of payment tokens like XRP. The report recorded that Worldcoin (WLD) achieved a trading volume of $7.41 billion during the observation period, with SAHARA, VIRTUAL, BIO, and NEAR also becoming active varieties. AI token trading priced in won accounts for about 19.5 times that of the yen market, indicating that South Korean retail investors are extending their AI investment preferences from the domestic stock market to the cryptocurrency market.However, institutional funds in South Korea are still in the preparation stage. The report points out that local banks and brokerages have generally formed digital asset teams and are promoting stablecoin, custody, and tokenization pilots, but direct corporate participation in cryptocurrency investment has not yet reached scale. If the cryptocurrency asset income tax planned for implementation in South Korea in 2027 is realized as scheduled, and corporate trading restrictions continue to be relaxed, the retail-dominated landscape of the South Korean market may face reevaluation.

According to Gate market data, SpaceX (SPCX.O) stock price has reached a new high since early July, rising 5.1% recently.

According to The Defiant, the Bitcoin wallet Xverse has completed a round of strategic financing, led by Draper Associates under Tim Draper, with participation from Trust Machines and Draper Dragon.The specific terms of this financing round have not been disclosed, and Xverse has not announced its financing amount or valuation.

According to market news, the U.S. Treasury has withdrawn its previous proposal for cryptocurrency regulation concerning unhosted wallets and convertible virtual currency (CVC) mixing services.It is reported that the proposal aimed to expand the scope of monitoring cryptocurrency trading activities, including requiring financial institutions to collect and report relevant information involving unhosted wallets and cryptocurrency mixing services. This withdrawal means that the related monitoring rules will not be advanced for the time being.

According to the official announcement, Gate has launched the AGENCY perpetual contract (settled in USDT), supporting 1-10x leverage, and has simultaneously launched the AGENCY trading bot and Order Tracking feature.AGENCY (Agency) is a Launchpad on Solana equipped with AI agents and automated vaults for launching tokens.

Glassnode posted on platform X that the trend of BTC whales net depositing Bitcoin into exchanges has stopped.This trend lasted for over three months since the summer, which is twice as long as other similar trends since 2023, and ended in late August, after which the capital flow has remained negative.

According to Globenewswire, Nasdaq-listed Solana Treasury Company DeFi Development (DFDV) disclosed that it increased its holdings by approximately 26,203 SOL last week, bringing the total holdings to about 2,564,200 SOL, valued at approximately $302 million.DFDV also revealed that since the release of its second-quarter results on August 12, the holdings of SOL and equivalent assets have grown by about 11%. Additionally, it completed the first dividend payment for CHAD variable rate preferred shares on October 1. This product is designed to generate income through SOL staking and validator node operations, supporting dividend payments and serving as a financing tool for further accumulation of SOL.

According to Cointelegraph, a report by Chainalysis indicates that from the first quarter of 2024 to the second quarter of 2026, the number of independent wallets sending peer-to-peer (P2P) stablecoin transactions in China increased 43 times.During the reporting period from July 2025 to June 2026, Chainalysis recorded 18.1 million transfers involving self-custodied stablecoin holdings in China, totaling $10.41 billion. The annual turnover rate of stablecoin holdings was 33.2 times, more than three times the global average of 9.3 times. Chainalysis believes this characteristic aligns with users using stablecoins as working capital.Chainalysis estimates that the size of China's crypto economy is at least $176 billion, with domestic P2P activities accounting for 59.1%, which is 3.5 times the share during the 2025 reporting period. In March 2026, the volume of stablecoin transfers within China increased by $4.9 billion, marking the largest monthly increase during the reporting period. This growth occurred amid China's long-standing restrictions on crypto trading, as regulators introduced new rules in February targeting unauthorized RMB-pegged stablecoins and tokenized real-world assets.Chainalysis pointed out that China's P2P-dominated market contrasts with other markets in East Asia. South Korea, with $449.1 billion, has become the largest crypto economy in East Asia, with activity growing by 12.3% compared to the previous reporting period, and retail investors showing a preference for AI-related tokens. Institutional platforms in Hong Kong accounted for 16% of service inflows, nearly three times that of regional neighbors, and recorded nearly $24 billion in business-to-business inflows, issuing the first batch of stablecoin licenses in April.

According to Onchain Lens monitoring, GSR sent 303,010 LINK (4.29 million USD) to Binance after receiving tokens from Gnosis Safe.Two days ago, the same wallet sent 275,000 LINK (3.96 million USD) to Binance. In the past two days, a total of 578,010 LINK (approximately 8.25 million USD) has been sent to Binance.

According to the official announcement, Bitget Stock+ has launched the "Multi-Leg Combination Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further meeting users' professional trading needs in risk hedging, volatility trading, and directional speculation.At the same time, this feature supports the Portfolio Margin mechanism. When the options position opens and forms a risk hedge with the user's existing positions, the system will automatically reduce or offset the corresponding margin requirements, helping to enhance the efficiency of users' capital utilization.In addition, the combination strategy allows users to flexibly split the opening and closing of positions (Leg in/Leg out). Currently, this feature is available for use during regular trading hours from 9:30 AM to 4:00 PM Eastern Time. For more product details, please refer to the Bitget official platform.

According to the official announcement, Binance has launched the AI product stack Binance Intelligence, which includes three products: the free Binance AI for all users, Binance AI Pro that converts natural language into executable strategies, and Binance Agent OS for developers to build AI applications.Binance AI integrates charts, news, social platforms, on-chain data, and research tools, adjusting the interface dynamically based on user knowledge level, interests, and activity through a generative UI. It offers features such as "For You" tags, market briefings, smart tooltips, and Master Trade, gradually rolling out from today.Binance AI Pro runs each strategy in independent sub-accounts, requiring user review and approval before trading. It will be launched in a free-to-use model starting in the second half of October, with a Premium plan priced at 19.99 USDC per month. Since its launch in August 2026, Binance Agent OS has exceeded 280,000 daily calls.

According to PRNewswire, Tom Lee, Chairman of the Ethereum treasury company Bitmine, stated that as the cryptocurrency market enters what he believes to be a bull market cycle, the performance of Bitmine (BMNR) stock price during the bear market period from 2025 to 2026 is noteworthy compared to Ethereum (ETH).In the first nine months of 2026, the ETH price fell by 10%, while BMNR only dropped by 3%, achieving a relative outperformance of approximately 731 basis points (7.31 percentage points). The stock price performance of BMNR reflects the company's commitment to continuously optimizing shareholder returns, which includes executing the largest corporate treasury stock buyback program in the cryptocurrency industry, repurchasing 21 million shares in 2026 alone.Additionally, Tom Lee pointed out that from the third quarter of 2026 to the present, ETH has outperformed the S&P 500 index by 6832 basis points. Despite macro pressures such as a hawkish stance from the Federal Reserve, rising oil prices, increasing global bond yields, and tightening financial conditions, ETH has still demonstrated strong performance, leading other major macro assets.

According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced that as of October 4, 2026, the company holds 6,016,414 ETH (valued at $2,726 each, approximately $16.4 billion), accounting for 4.9% of the total supply of Ethereum (122.1 million), just 1% away from the "5% Alchemy" target.The company's total crypto assets + cash and tradable securities + "Moonshots" investments amount to $17.4 billion, which includes:ETH: 6,016,414BTC: 214Cash and tradable securities: $643 millionBeast Industries equity: $180 millionEightco Holdings (NASDAQ: ORBS) equity: $117 millionCurrently, 5,067,309 ETH (approximately $13.8 billion) has been staked, operated through the self-developed institutional-grade staking platform MAVAN, with a 7-day annualized yield of 2.63%, and an expected annualized staking yield of approximately $363 million, which could reach $431 million when fully staked.

According to CoinDesk, Armada Acquisition Corp. II (XRPN) closed at $39.42 last Friday, up 68% on the day, and has risen approximately 273% over the week, reaching a high of $53 during intraday trading, compared to $10.58 a week ago, with a further pre-market increase of 9.5% on Monday. The company is the SPAC driving the listing of XRP treasury company Evernorth, which stated that the merger is expected to be completed on October 7 (Wednesday), pending the fulfillment of remaining conditions.Evernorth is expected to hold approximately 473 million XRP at the time of closing, valued at about $714 million based on Monday's price of approximately $1.51. Its disclosed financing includes about $300 million in total cash proceeds, of which $225 million comes from a private placement, $30 million from convertible notes, and $48 million from Armada's trust funds, with supporters also directly investing in XRP. However, the company purchased 84.4 million XRP for $214.1 million by the end of 2025, at an average price of approximately $2.54, which is now worth about $127 million.Armada Trust held $241.2 million at the end of June, with each public share redemption valued at approximately $10.49. Evernorth's announcement on October 1 indicated that about $48 million of the trust funds would be reserved for trading, suggesting that approximately 80% of the trust funds would be returned to shareholders. Redemptions will reduce the number of publicly tradable shares, allowing relatively small orders to significantly drive up the stock price.

"On-Chain Detective" ZachXBT stated that he once disguised himself as a client to infiltrate a criminal gang suspected of laundering money for the North Korean-backed hacker organization Lazarus Group, and assisted in freezing funds related to the 2025 Bybit attack incident.ZachXBT indicated that after Bybit was attacked for $1.5 billion in February 2025, he discovered over 15 accounts seeking help with transactions related to the stolen funds in public Telegram and Discord groups. He then contacted a Telegram user using the alias "Jimmy Green" and built trust through multiple transactions.According to his disclosure, on March 6, 2025, he transferred $3.497 million USDC to an Ethereum address for exchanging USDC with TRON chain USDT. The Gas funds for that address trace back to the Bybit attack funds and have been publicly marked as a Bybit attack blacklist address.ZachXBT stated that in subsequent communications, the other party revealed that their team had participated in handling the stolen funds from Bybit and disclosed in advance that the funds would be transferred on chains such as Solana. By matching transaction times, amounts, and on-chain data, he discovered a wallet cluster involving over $12 million of Bybit attack funds, with funding paths including BTC→ETH→SOL→TRON and others, among which approximately 442,000 USDT had been frozen by Tether. The gang also attempted to launder money through Uniswap liquidity pools and low liquidity tokens.In addition, the other party revealed that they had helped other clients handle approximately $3 million in scam proceeds, and ZachXBT tracked the related funds flowing to sanctioned Huione Guarantee-related wallets.ZachXBT disclosed that during this investigation, he initially invested $3.497 million and bore about 5% loss risk for each transaction. The intelligence obtained was promptly provided to relevant investigative agencies and law enforcement. Since 2022, he has assisted in freezing over $75 million related to North Korea-related incidents.

Strive CEO Matt Cole disclosed that Strive purchased 2,000 BTC at an average price of $84,422 per coin, totaling approximately $169 million, increasing the company's total Bitcoin holdings to 29,462 coins.In this financing, 61.5% of the funds came from SATA, with warrants generating an additional $56.7 million in revenue.