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Today 02/10/2026
Aave founder criticizes ECB and EBA MiCA consultation response, saying related proposals may restrict European users' access to DeFi. October 2 — Aave founder Stani Kulechov posted that he is disappointed with the responses of the European Central Bank (ECB) and the European Banking Authority (EBA) to the MiCA consultation. He pointed out that the relevant institutions not only advocate banning yield payments on stablecoins, but also recommend restricting crypto asset service providers (CASPs) from providing users with access to DeFi, including yield protocols involving stablecoins not authorized under MiCA, without clearly explaining the actual enforcement framework. Stani also mentioned that the proposals suggest limiting the group of users who can access DeFi through so-called "suitability tests," and considering the introduction of a certification system for DeFi lending protocols. He believes that if regulators decide which protocols are suitable for European users, it could lead DeFi to form more closed ecosystems and weaken the liquidity and network effects of open financial networks. Stani said that excessive restrictions may increase resistance to innovation and slow the development of open, transparent, and auditable financial infrastructure. He believes that stablecoins, DeFi, and tokenized securities are expected to reduce friction in financial services, improve transparency, and expand users' access to financial opportunities, and he called on European regulators to place users and their interests at the core of the regulatory framework. Finally, he said: "DeFi will win in the end." 4 min ago Citigroup raises Strategy price target to $240. October 2: Citi raised its price target on Bitcoin treasury company Strategy from $136 to $240, citing an upward revision to its Bitcoin price forecast. The target price implies 50% upside from the current price. 4 min ago THORChain has listed the ZEC liquidity pool, and native Zcash transactions will enter the next stage. October 2: THORChain announced that the ZEC liquidity pool is now live, the network completed a node churn, and all nodes have begun monitoring the Zcash chain. THORChain stated that trading functionality will be the next step; current liquidity remains shallow, and early trading requires attention to risks such as slippage. Previously, THORChain added native Zcash support in a protocol upgrade, including UTXO handling, RPC logic, and a ZEC price oracle, and continues to advance mainnet integration. 36 min ago Alliance DAO co-founder: 2010 and 2020 were the best investment eras for cryptocurrency, with fairness superior to today's AI era. October 2: Alliance DAO co-founder QwQiao posted a reflection, saying that the cryptocurrency eras of the 2010s and 2020s will forever be the greatest. Anyone on Earth with an internet connection could own assets that would ultimately be worth trillions of dollars at a valuation of less than 1 billion dollars. In contrast, almost all other tech waves, including artificial intelligence, originated in Silicon Valley, and only a few people who were already close to the core circle could become extremely wealthy. 36 min ago Privacy project MASK market cap breaks through $35 million, hitting a new high, up over 70% in 24 hours. October 2nd, according to GMGN data, the market capitalization of the Solana chain privacy narrative token MASK has broken through 35 million USD, reaching a historic high, with a 24-hour increase of over 70%. The current market capitalization is 34.91 million USD, with a trading volume of 2.7 million USD during the same period. MASK uses ZEC as the base pool pairing and utilizes the ZEC/MASK trading pair to provide liquidity, aiming to offer ZK privacy services for any crypto activity. BlockBeats reminds users that the price of related tokens fluctuates significantly, and investment requires caution. 51 min ago Fairblock launches privacy stablecoin CUSD on Arbitrum, supporting public or private transfers. October 2 - Decentralized privacy solution Fairblock announced the launch of the privacy stablecoin CUSD. This stablecoin is built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate, with its initial deployment on Arbitrum. CUSD supports public transfers and can also conceal payment amounts and account balances. Institutions can use it to protect payroll distribution, treasury management, and OTC settlement information, while individuals can hide on-chain payment amounts and transaction flows. Fairblock stated that it will subsequently drive adoption and expand the use of privacy features through economic incentives, with more details to be announced separately. 51 min ago Forward Industries increased its SOL holdings by 948,600 in the fourth fiscal quarter, bringing its total holdings to 8,501,300. October 2 — Forward Industries (NASDAQ: FWDI), the largest Solana treasury company, released an update on its SOL treasury management strategy for the fourth fiscal quarter ended September 30, 2026. During the quarter, Forward increased its holdings by 948,601 SOL and equivalents, a 13% increase, from 7,552,698 as of June 30, 2026 to 8,501,298 as of September 30, 2026, representing approximately 1.4% of Solana's circulating supply. The average cost of the SOL added during the quarter was $83 per token. 1 hr ago AMLBot: Bitget attacker suspected of mixing chains twice, about $700,000 in assets blocked. October 2: Blockchain anti-money laundering platform AMLBot stated that the Bitget attacker apparently confused Ethereum with Arbitrum twice while transferring stolen funds, resulting in about $700,000 in assets being blocked. Of that, about 267,000 USDC was sent to a Chainflip deposit channel on the wrong chain, and the related address was subsequently blacklisted by Circle; another approximately 160 ETH (about $430,000) was bridged to Arbitrum and then sent to a channel that exists only on Ethereum, and the funds are currently stuck. AMLBot believes the two transactions may have been executed by automated scripts. 1 hr ago Brent crude extends intraday decline to 3%. October 2, according to Bitget market data, Brent crude oil's intraday decline expanded to 3%, currently reported at $98.38 per barrel. WTI crude oil is now down 3.8%. 1 hr ago Mainstream coin bull market peak analysis: Bitcoin could reach as high as $190,000, Ethereum $8,800. October 2 — Crypto analyst alicharts, combining long-term K-line charts of mainstream crypto assets, predicted from a technical analysis perspective the tops of various mainstream coins in this bull cycle as follows: Bitcoin's first target is the previous high of $125,000. If it breaks above this high, it may reach the upper boundary of the ascending channel — close to $190,000; Ethereum's monthly chart shows an ascending channel it has followed over the past 5 years. The upper rail of the channel near $5,000 is a level to watch. If it breaks above this level, the projected move would point to $8,800; SOL's monthly chart appears to be forming a cup-and-handle pattern, with the neckline around $295. If the monthly close breaks above this line, it would strengthen the bullish case, and the pattern's potential target is estimated at close to $2,744. 1 hr ago A wallet suspected to belong to an Aave team member sold 50,000 AAVE over the past week, exchanging it for 8 million USDC. October 2nd, according to Ember monitoring, an address suspected to be a member of the Aave team has successively sold 50,000 AAVE over the past week, exchanging for 8 million USDC at an average price of $160. This address had previously received 108,000 AAVE from the Aave Team wallet vesting between October 2020 and October 2021. Currently, this address still holds 30,000 AAVE, worth approximately $5.5 million. 1 hr ago Binance will support the upgrade of the partner brokerage system, and stock trading will be suspended tomorrow from 19:00 to 22:00. October 2 — Binance announced that due to a system upgrade by its partner brokerage, US stock trading on the Binance platform will be temporarily suspended. During this period, users will be unable to place stock trading orders. The system upgrade window is from 19:00 to 22:00 on October 3, 2026. 1 hr ago Utexo, backed by Tether, plans to issue USDT on the Bitcoin network this month. October 2nd, Tether-backed Utexo plans to issue USDT on the Bitcoin network this month. Utexo co-founder Viktor Ihnatiuk stated that the company has obtained a commercial license to issue USDT on Bitcoin and plans to provide APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Utexo will be based on the RGB protocol and the Bitcoin UTXO model, keeping most transaction data off-chain, focusing on supporting three types of applications: USDT privacy transfers, direct exchange between native BTC and USDT, and lending using native BTC as collateral, without the need to wrap BTC onto other blockchains. USDT was first issued on the Bitcoin network in 2014 via the Omni protocol, after which Ethereum and Tron gradually became the main circulation networks. Utexo also plans to expand to the Lightning Network after USDT goes live on the Bitcoin network. (CoinDesk) 2 hr ago Trump's support among young voters dropped from 43% to 19%, raising questions about him using crypto for profit. October 2 — Trump's support among voters aged 18 to 29 fell from 43% to 19%. Some young cryptocurrency investors have described his crypto project as a money-making scheme and criticized the TRUMP Meme coin for exploiting supporters familiar with cryptocurrency. Morten Christensen, an investor holding a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was running for president. He said that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025. Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues USD1, a stablecoin pegged to the U.S. dollar, whose market value exceeds $4 billion. (Bitcoin.com News) 2 hr ago Long.xyz launches community vault LP upgrade feature, supporting stock token liquidity market making. October 2: Long.xyz, an RWA liquidity and token launch platform on Robinhood Chain, has launched a community treasury LP upgrade feature. Community treasuries can now allocate stock token liquidity directly to USDG/STOCK pools. The generated LP fees will flow back to the treasury, where they can be used to compound the same USDG/STOCK LP positions and fund upcoming modules. This feature will first be opened to high-value OG trading pair treasuries, then gradually expanded to all LONG trading pairs. 2 hr ago Bitget's peer program has distributed 1.9 million USDT in rewards, covering over 760,000 users. October 2nd, according to Bitget official data, the Bitget Peer Program has distributed its first batch of rewards, cumulatively distributing 1,907,455 USDT to 763,543 users within 3 days. It is reported that this event will continue until October 26th. During this period, Bitget will continue to set up an exclusive user prize pool with 30% of the platform's trading fee income, offering trading rewards, asset rewards, and VIP exclusive benefits to different user groups. 2 hr ago Hyperliquid will receive its first AQAv2 reserve revenue distribution tomorrow, approximately $14.5 million for HYPE buybacks. October 2nd, according to relevant information, Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3rd). The approximately 14.5 million USD in passive yield generated from the USDC reserve will flow into the Assistance Fund for buying back HYPE. 2 hr ago US September nonfarm payrolls preview: job growth expected to slow, October rate hike expectations have fallen sharply. October 2 — The United States will release the September nonfarm payrolls report at 20:30 Beijing time on Friday. The latest Reuters survey shows that U.S. nonfarm payrolls for September are expected to increase by 90,000, significantly lower than the 162,000 increase in August, while the unemployment rate is expected to remain at 4.1% for a third consecutive month. After the Federal Reserve implemented its first rate hike in three years in September, this report will become one of the key data points for judging whether the labor market remains resilient and whether another rate hike is needed in October. Markets are currently focused not only on the number of new jobs. August employment data was unexpectedly strong, but some economists believe this may have been affected by seasonal adjustment factors, and the August increase could be revised down when the September data is released. Before the release of the September nonfarm payrolls report, market expectations for another Federal Reserve rate hike in October had already fallen sharply. As of Thursday, markets priced in about a 28% probability of a rate hike at the Fed's October 27-28 meeting, down from nearly 69% a week earlier. Therefore, the most important information in tonight's employment report is not only whether nonfarm payrolls meet the market expectation of 90,000. Whether the unemployment rate can remain at 4.1%, whether wage growth accelerates again, and whether the strong 162,000 increase in August will be significantly revised down will jointly determine the market's judgment on the resilience of the U.S. labor market and the pace of the Federal Reserve's next policy moves. 2 hr ago Hong Kong stocks closed with the Hang Seng Index down 2.6%, tech stocks broadly declined. October 2, according to Bitget market data, Hong Kong stocks closed with the Hang Seng Index down 2.6% and the Tech Index down 2.2%. Xiaomi Group fell nearly 4%, Seres rose over 6%, Tencent Holdings and Alibaba fell over 2%, Zhipu dropped 2.26%, and MINIMAX fell 2.96%. 2 hr ago Current Bitcoin futures market buying pressure is approaching the "8.19" level, with bulls regrouping once again. October 2 — Crypto analyst @AxelAdlerJr stated that the current Bitcoin futures market buy pressure indicator has risen to 4.9, reaching its highest level since August 19. Open interest increased by nearly 9,000 BTC within 24 hours, indicating that traders are once again beginning to build positions. The buy pressure indicator measures the balance of buying and selling in the market and is weighted by the magnitude of changes in open interest. A reading of 4.9 indicates that the pressure accumulated over the past 12 hours is nearly five standard deviations above the average level of the past week. This surge may be accompanied by the establishment of long positions and the closing of short positions. @AxelAdlerJr believes that if Bitcoin's price can remain above $85,000 when upward momentum weakens, it would indicate that this rally is likely to continue. The main risk for newly opened long positions lies in the price falling below $83,000: liquidation could accelerate the decline. 2 hr ago Well-known trader: Any Bitcoin pullback is a buying opportunity, and the current reasonable bottom-fishing level is around $82,500. October 2 — Well-known trader Killa posted that the current Bitcoin trend has clearly shifted, yet we are still at the peak of the "market doubts the bull market" phase. In the 2023 bull market, if one went long on every sweep of an "established low" (meaning a low that has been confirmed by the market and has already shown support), the deepest price drop below that low was only 8%; in some cases, it only broke below by 4–5% before immediately rallying again. Our current "established low" is 82.5K; based on historical performance, the expected downward deviation is likely to be very small. As a quantitative trader focused on BTC, Killa previously predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and turned long during the market-wide decline on June 5. 3 hr ago Aave founder responds: The module involved is a third-party external adapter, not an Aave v3 contract affected. 10 月 2 日，针对 SlowMist 报告称 Aave v3 循环策略中使用的 Safe 模块遭利用、损失约 114.09 ETH（约 31 万美元）一事，Aave 创始人 Stani Kulechov 表示，该事件并非 Aave v3 合约遭到攻击。 Stani Kulechov 称，涉事模块是构建在 Aave v3 之上的第三方外部适配器（external adapter），此次事件对 Aave v3 本身没有影响。 Blockbeats 此前消息，Aave v3 Loop Safe 模块遭遇攻击，攻击者利用 FlashLoopAdapter 的 open()/close() 访问控制漏洞，通过伪造 Safe 认证及任意模块执行，从两个 Safe 多签地址窃取约 114.09 ETH，并偿还约 1300 WETH 债务以解锁抵押品。 4 hr ago Analysis: Signs of whale capital returning are emerging, with stablecoin inflows to Binance growing over 40% from their low point. October 2 — CryptoQuant analyst Darkfost posted that whales holding large amounts of funds are increasing the scale of stablecoin transfers to Binance. Data shows that for whale addresses transferring more than $1 million in stablecoins in a single transaction, their cumulative 30-day inflow has risen from $21.7 billion to $30.5 billion, an increase of more than 40% compared with more than a month ago. Typically, stablecoin inflows to trading platforms often mean that funds are preparing for market positioning, so the increase in whale stablecoin inflows may be related to potential buying pressure. Data shows that whale stablecoin inflows previously exceeded $61 billion at the October high, then experienced a relatively long decline. Recently, as Bitcoin's structural trend has changed, whale capital behavior has begun to shift, but they still remain cautious. Darkfost said that current whale capital deployment is affected by multiple factors, including market expectations for an "October rally," as well as macroeconomic factors such as conflict, inflationary pressure, and continuously rising bond yields. 5 hr ago Drift's compensation plan has sparked community dissatisfaction, with only about $1 currently redeemable for every $100 in losses. October 2. Earlier today, the Drift Foundation opened claims and redemptions for the April 1 security incident. Affected users can receive newly issued compensation tokens, DFX, at a ratio of 1 USD to 1 token based on verified losses. DFX is a standard SPL asset on Solana, with a fixed total supply of approximately 299.5 million tokens, corresponding to about 295.4 million USD in verified losses, and it will not be minted further. Users can burn it on the official portal and redeem it for USDT at the redemption price, or transfer it to secondary markets such as Raydium for trading. The redemption price is determined by the balance of the recovery pool divided by the number of DFX tokens that have not yet been burned. It is reported that the pool contains about 3.11 million USDT, corresponding to a redemption price of about 0.0104 USD, meaning that for every 100 USD lost, only about 1 USD can be redeemed. This ratio immediately sparked strong dissatisfaction in the community. Some users pointed out that the nominal "full certificate" only covers about 1% of losses once implemented, equivalent to an immediate 99% shrinkage, far short of the full compensation previously expected. Although the plan also lists support commitments of up to 127.5 million USD from Tether, up to 20 million USD from partners, as well as follow-up sources such as fee sharing from the new trading platform Velocity and recovery of stolen funds, these funds are mostly caps or installment arrangements and did not enter the pool on the day the portal opened. It is worth noting that the price of DFX has risen significantly since trading opened. Although the redemption price remains at around 0.0104 USD, the secondary market transaction price rose from about 0.01 USD to about 0.03 USD, an increase of about 210% in 24 hours. This rally reflects expectations for future inflows, rather than an increase in the balance of the recovery pool. The token can be freely transferred, and the transaction price does not have to equal the redemption price; current liquidity is only about 200,000 USD, so a small amount of buying can push the price up. Summarizing community views, buyers are mainly betting on two things: first, if Tether, partner capital injections, protocol revenue, and recovered funds arrive one after another, the redemption price could in theory be significantly higher than the current 1 cent; second, early redemptions and the unclaimed portion after the claim window closes on January 1, 2028, will both be burned, so each subsequent inflow will be shared by fewer tokens. 5 hr ago Glassnode: The sell wall above $85,000 for Bitcoin has disappeared, which may provide room for further gains. October 2nd, according to Glassnode monitoring, the seller liquidity wall above BTC has disappeared. Buyers broke through the sell order wall near $85,000 yesterday, a level that had been tested multiple times over nearly a week but failed to break through. Glassnode stated that the remaining sell orders now appear to have been withdrawn as well, and seller liquidity above BTC has decreased, which may provide more room for further price increases. 5 hr ago US media: Trump once asked Grok about capturing Maduro and considered its performance 'very outstanding' October 2. Time magazine published a long report on Trump on October 1. The report mentioned that after Trump returned to the White House, he became increasingly fascinated by artificial intelligence capabilities. Last December, Musk secretly returned to the Oval Office of the White House to meet with Trump, during which Trump spent several hours asking Musk's AI chatbot Grok about questions related to his presidency and political legacy. Trump also asked Grok what the Venezuelan people would do if the United States captured Maduro. Grok replied that Maduro is very unpopular in Venezuela, and many Venezuelans might celebrate his downfall. The following month, Trump ordered an operation to capture Maduro, and celebrations subsequently appeared on the streets of Venezuela. According to multiple officials, this made Trump believe that Grok performed very well. (Jinshi) 5 hr ago "Nonfarm Payrolls Preview" U.S. stocks are poised for new highs—can the prosperity created by AI withstand tonight's data test? October 2nd, according to TradingBeats monitoring, the U.S. September nonfarm payroll data will be released tonight at 20:30. On the previous trading day, the S&P 500 index closed at 7,666.45 points, about 1.7% away from its record closing price of 7,798.99 points; the Nasdaq 100 index closed at 30,501.56 points, only about 0.75% away from its record closing price of 30,732.40 points. Both major indices have approached their previous highs. How are the market's internal structure and large funds positioning themselves? Indices approach new highs, gains still concentrated in AI heavyweight stocks On the previous trading day, Nvidia rose about 1.1%, becoming one of the stocks contributing the most to the S&P's rise, while Micron rose about 3% over the same period. As of September 30th, Nvidia's weight in the S&P 500 was about 8.38%, ranking first among all constituent stocks, with Apple and Microsoft accounting for about 7.37% and 5.78%, respectively. If Nvidia, Microsoft, Alphabet, Amazon, Broadcom, Meta, and Micron are combined, their weight in the S&P 500 has reached about 30.2%. The performance of AI and related technology leaders still has a significant impact on the direction of the index. At the same time, according to relevant market reports, the 10-year U.S. Treasury yield rose to 5.34%. U.S. stocks appear close to new highs on the surface, but internally they have clearly been losing strength: over the past month, the median S&P 500 constituent stock fell about 5%, the equal-weighted index fell for seven consecutive weeks, bank stocks dropped more than 12% from their highs, and utilities approached a bear market. The current index is still being held at a high level by a few AI giants. If AI profit expectations loosen, the broad weakness hidden beneath the index may be exposed in a concentrated way. New funds lean toward going long According to TradingBeats monitoring, from the opening of U.S. stocks this Monday to now, there have been a total of 6 new AI-related long positions on Hyperliquid that are still worth more than $1 million, with total net buying of about $13.309 million, mainly concentrated in Micron, Nvidia, Meta, and Google; during the same period, two new short positions in Micron totaling about $3.001 million appeared. Looking only at newly entered funds, the direction is still clearly biased toward longs. Existing funds show: during the same period, 5 old long positions in Nvidia, Google, and Meta were all cleared, with cumulative selling of about $20.038 million; in addition, existing short positions continued to add to the above AI leaders and Amazon, with total newly added short exposure of about $6.384 million. Among them, two addresses closed a total of about $14.3 million in Nvidia long positions yesterday, but still hold a combined about $17.23 million in SP500 long positions, which is closer to reducing exposure to a single AI leader rather than withdrawing from the index at the same time (0x044a, 0xdfb6). At the same time, another address opened a new Nvidia long position of about $3.01 million, Google saw a new long position of about $1.17 million, and Micron had a new short fill of about $1.5 million. The order book structure shows: near $225.3-$229.4, Nvidia still has about $1.786 million in new long buy orders, but above at $235.82-$248.22 there are simultaneously about $5.106 million in sell orders; below, Meta retains a plan to add about $2.455 million in longs, and near $1040.7, Micron has about $2.4 million in new long buy orders. Divergence has already extended to the index side. This morning, one address started from a flat position and shorted about 401 XYZ100 contracts, with cumulative opening of about $12.257 million at a cost of 30567.8 points (0x42bc); another address also newly opened about $4.24 million in SP500 shorts yesterday. At the same time, SP500 has about $6.133 million in full-position take-profit orders near 7899 points, while XYZ100 has about $3.408 million in sell orders to continue adding shorts near 30702 points. Liquidation lines Hyperliquid's SP500 and XYZ100 contracts are quoted at about 7688 points and 30624 points (USD), respectively. If the S&P retests its previous high. Above it, the first liquidation price for four million-dollar-level SP500 shorts is at 7863.5 points, involving current positions of about $23.65 million; of which about $18.66 million is concentrated in address (0xb4ea). Below the current price, four major long liquidation lines are distributed from 7596.5 to 7518.9 points, involving positions of about $19.39 million, about 1.2%-2.2% away from the on-chain current price; the largest single one, about $9.58 million, is at 7518.9 points (0xcf53, 0x572c, 0x9277, 0x2322). 6 hr ago In the past hour, $121 million was liquidated across the network, mainly short positions. October 2, according to Coinglass data, as Bitcoin broke through $86,000, rising 1.35% in the past hour, total liquidations across the network during the same period reached $121 million, including $2.55 million in long liquidations and $119 million in short liquidations. 6 hr ago Bitcoin breaks through the $86,000 mark, with an intraday gain of 1.35%. October 2nd, according to HTX market data, Bitcoin broke through $86,000, currently reported at $86,030.09, with a daily increase of 1.35%. 6 hr ago El Salvador's Bitcoin holdings limit issue resolved, IMF approves $138 million disbursement. October 2: The International Monetary Fund (IMF) approved the disbursement of 138 million USD to El Salvador as part of its 1.4 billion USD Extended Fund Facility (EFF) program. In this review, the IMF approved a waiver for El Salvador regarding previously unmet program requirements related to Bitcoin accumulation limits. The IMF stated that El Salvador has taken corrective measures and committed to continuing to reduce the government's involvement in Bitcoin-related activities. According to IMF disclosures, El Salvador is expected to refrain from further Bitcoin accumulation beyond the already recorded donations, while continuing to strengthen transparency disclosures and the regulatory framework for government-held crypto assets. This disbursement is part of El Salvador's 40-month EFF program, totaling approximately 1.4 billion USD, which was approved in 2025. 6 hr agoLatest News
Quickly follow the market changes happening now.
Today · 02/10/2026
Aave founder criticizes ECB and EBA MiCA consultation response, saying related proposals may restrict European users' access to DeFi.
October 2 — Aave founder Stani Kulechov posted that he is disappointed with the responses of the European Central Bank (ECB) and the European Banking Authority (EBA) to the MiCA consultation. He pointed out that the relevant institutions not only advocate banning yield payments on stablecoins, but also recommend restricting crypto asset service providers (CASPs) from providing users with access to DeFi, including yield protocols involving stablecoins not authorized under MiCA, without clearly explaining the actual enforcement framework. Stani also mentioned that the proposals suggest limiting the group of users who can access DeFi through so-called "suitability tests," and considering the introduction of a certification system for DeFi lending protocols. He believes that if regulators decide which protocols are suitable for European users, it could lead DeFi to form more closed ecosystems and weaken the liquidity and network effects of open financial networks. Stani said that excessive restrictions may increase resistance to innovation and slow the development of open, transparent, and auditable financial infrastructure. He believes that stablecoins, DeFi, and tokenized securities are expected to reduce friction in financial services, improve transparency, and expand users' access to financial opportunities, and he called on European regulators to place users and their interests at the core of the regulatory framework. Finally, he said: "DeFi will win in the end."
Citigroup raises Strategy price target to $240.
October 2: Citi raised its price target on Bitcoin treasury company Strategy from $136 to $240, citing an upward revision to its Bitcoin price forecast. The target price implies 50% upside from the current price.
THORChain has listed the ZEC liquidity pool, and native Zcash transactions will enter the next stage.
October 2: THORChain announced that the ZEC liquidity pool is now live, the network completed a node churn, and all nodes have begun monitoring the Zcash chain. THORChain stated that trading functionality will be the next step; current liquidity remains shallow, and early trading requires attention to risks such as slippage. Previously, THORChain added native Zcash support in a protocol upgrade, including UTXO handling, RPC logic, and a ZEC price oracle, and continues to advance mainnet integration.
Alliance DAO co-founder: 2010 and 2020 were the best investment eras for cryptocurrency, with fairness superior to today's AI era.
October 2: Alliance DAO co-founder QwQiao posted a reflection, saying that the cryptocurrency eras of the 2010s and 2020s will forever be the greatest. Anyone on Earth with an internet connection could own assets that would ultimately be worth trillions of dollars at a valuation of less than 1 billion dollars. In contrast, almost all other tech waves, including artificial intelligence, originated in Silicon Valley, and only a few people who were already close to the core circle could become extremely wealthy.
Privacy project MASK market cap breaks through $35 million, hitting a new high, up over 70% in 24 hours.
October 2nd, according to GMGN data, the market capitalization of the Solana chain privacy narrative token MASK has broken through 35 million USD, reaching a historic high, with a 24-hour increase of over 70%. The current market capitalization is 34.91 million USD, with a trading volume of 2.7 million USD during the same period. MASK uses ZEC as the base pool pairing and utilizes the ZEC/MASK trading pair to provide liquidity, aiming to offer ZK privacy services for any crypto activity. BlockBeats reminds users that the price of related tokens fluctuates significantly, and investment requires caution.
Fairblock launches privacy stablecoin CUSD on Arbitrum, supporting public or private transfers.
October 2 - Decentralized privacy solution Fairblock announced the launch of the privacy stablecoin CUSD. This stablecoin is built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate, with its initial deployment on Arbitrum. CUSD supports public transfers and can also conceal payment amounts and account balances. Institutions can use it to protect payroll distribution, treasury management, and OTC settlement information, while individuals can hide on-chain payment amounts and transaction flows. Fairblock stated that it will subsequently drive adoption and expand the use of privacy features through economic incentives, with more details to be announced separately.
Forward Industries increased its SOL holdings by 948,600 in the fourth fiscal quarter, bringing its total holdings to 8,501,300.
October 2 — Forward Industries (NASDAQ: FWDI), the largest Solana treasury company, released an update on its SOL treasury management strategy for the fourth fiscal quarter ended September 30, 2026. During the quarter, Forward increased its holdings by 948,601 SOL and equivalents, a 13% increase, from 7,552,698 as of June 30, 2026 to 8,501,298 as of September 30, 2026, representing approximately 1.4% of Solana's circulating supply. The average cost of the SOL added during the quarter was $83 per token.
AMLBot: Bitget attacker suspected of mixing chains twice, about $700,000 in assets blocked.
October 2: Blockchain anti-money laundering platform AMLBot stated that the Bitget attacker apparently confused Ethereum with Arbitrum twice while transferring stolen funds, resulting in about $700,000 in assets being blocked. Of that, about 267,000 USDC was sent to a Chainflip deposit channel on the wrong chain, and the related address was subsequently blacklisted by Circle; another approximately 160 ETH (about $430,000) was bridged to Arbitrum and then sent to a channel that exists only on Ethereum, and the funds are currently stuck. AMLBot believes the two transactions may have been executed by automated scripts.
Brent crude extends intraday decline to 3%.
October 2, according to Bitget market data, Brent crude oil's intraday decline expanded to 3%, currently reported at $98.38 per barrel. WTI crude oil is now down 3.8%.
Mainstream coin bull market peak analysis: Bitcoin could reach as high as $190,000, Ethereum $8,800.
October 2 — Crypto analyst alicharts, combining long-term K-line charts of mainstream crypto assets, predicted from a technical analysis perspective the tops of various mainstream coins in this bull cycle as follows: Bitcoin's first target is the previous high of $125,000. If it breaks above this high, it may reach the upper boundary of the ascending channel — close to $190,000; Ethereum's monthly chart shows an ascending channel it has followed over the past 5 years. The upper rail of the channel near $5,000 is a level to watch. If it breaks above this level, the projected move would point to $8,800; SOL's monthly chart appears to be forming a cup-and-handle pattern, with the neckline around $295. If the monthly close breaks above this line, it would strengthen the bullish case, and the pattern's potential target is estimated at close to $2,744.
A wallet suspected to belong to an Aave team member sold 50,000 AAVE over the past week, exchanging it for 8 million USDC.
October 2nd, according to Ember monitoring, an address suspected to be a member of the Aave team has successively sold 50,000 AAVE over the past week, exchanging for 8 million USDC at an average price of $160. This address had previously received 108,000 AAVE from the Aave Team wallet vesting between October 2020 and October 2021. Currently, this address still holds 30,000 AAVE, worth approximately $5.5 million.
Binance will support the upgrade of the partner brokerage system, and stock trading will be suspended tomorrow from 19:00 to 22:00.
October 2 — Binance announced that due to a system upgrade by its partner brokerage, US stock trading on the Binance platform will be temporarily suspended. During this period, users will be unable to place stock trading orders. The system upgrade window is from 19:00 to 22:00 on October 3, 2026.
Utexo, backed by Tether, plans to issue USDT on the Bitcoin network this month.
October 2nd, Tether-backed Utexo plans to issue USDT on the Bitcoin network this month. Utexo co-founder Viktor Ihnatiuk stated that the company has obtained a commercial license to issue USDT on Bitcoin and plans to provide APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Utexo will be based on the RGB protocol and the Bitcoin UTXO model, keeping most transaction data off-chain, focusing on supporting three types of applications: USDT privacy transfers, direct exchange between native BTC and USDT, and lending using native BTC as collateral, without the need to wrap BTC onto other blockchains. USDT was first issued on the Bitcoin network in 2014 via the Omni protocol, after which Ethereum and Tron gradually became the main circulation networks. Utexo also plans to expand to the Lightning Network after USDT goes live on the Bitcoin network. (CoinDesk)
Trump's support among young voters dropped from 43% to 19%, raising questions about him using crypto for profit.
October 2 — Trump's support among voters aged 18 to 29 fell from 43% to 19%. Some young cryptocurrency investors have described his crypto project as a money-making scheme and criticized the TRUMP Meme coin for exploiting supporters familiar with cryptocurrency. Morten Christensen, an investor holding a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was running for president. He said that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025. Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues USD1, a stablecoin pegged to the U.S. dollar, whose market value exceeds $4 billion. (Bitcoin.com News)
Long.xyz launches community vault LP upgrade feature, supporting stock token liquidity market making.
October 2: Long.xyz, an RWA liquidity and token launch platform on Robinhood Chain, has launched a community treasury LP upgrade feature. Community treasuries can now allocate stock token liquidity directly to USDG/STOCK pools. The generated LP fees will flow back to the treasury, where they can be used to compound the same USDG/STOCK LP positions and fund upcoming modules. This feature will first be opened to high-value OG trading pair treasuries, then gradually expanded to all LONG trading pairs.
Bitget's peer program has distributed 1.9 million USDT in rewards, covering over 760,000 users.
October 2nd, according to Bitget official data, the Bitget Peer Program has distributed its first batch of rewards, cumulatively distributing 1,907,455 USDT to 763,543 users within 3 days. It is reported that this event will continue until October 26th. During this period, Bitget will continue to set up an exclusive user prize pool with 30% of the platform's trading fee income, offering trading rewards, asset rewards, and VIP exclusive benefits to different user groups.
Hyperliquid will receive its first AQAv2 reserve revenue distribution tomorrow, approximately $14.5 million for HYPE buybacks.
October 2nd, according to relevant information, Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3rd). The approximately 14.5 million USD in passive yield generated from the USDC reserve will flow into the Assistance Fund for buying back HYPE.
US September nonfarm payrolls preview: job growth expected to slow, October rate hike expectations have fallen sharply.
October 2 — The United States will release the September nonfarm payrolls report at 20:30 Beijing time on Friday. The latest Reuters survey shows that U.S. nonfarm payrolls for September are expected to increase by 90,000, significantly lower than the 162,000 increase in August, while the unemployment rate is expected to remain at 4.1% for a third consecutive month. After the Federal Reserve implemented its first rate hike in three years in September, this report will become one of the key data points for judging whether the labor market remains resilient and whether another rate hike is needed in October. Markets are currently focused not only on the number of new jobs. August employment data was unexpectedly strong, but some economists believe this may have been affected by seasonal adjustment factors, and the August increase could be revised down when the September data is released. Before the release of the September nonfarm payrolls report, market expectations for another Federal Reserve rate hike in October had already fallen sharply. As of Thursday, markets priced in about a 28% probability of a rate hike at the Fed's October 27-28 meeting, down from nearly 69% a week earlier. Therefore, the most important information in tonight's employment report is not only whether nonfarm payrolls meet the market expectation of 90,000. Whether the unemployment rate can remain at 4.1%, whether wage growth accelerates again, and whether the strong 162,000 increase in August will be significantly revised down will jointly determine the market's judgment on the resilience of the U.S. labor market and the pace of the Federal Reserve's next policy moves.
Hong Kong stocks closed with the Hang Seng Index down 2.6%, tech stocks broadly declined.
October 2, according to Bitget market data, Hong Kong stocks closed with the Hang Seng Index down 2.6% and the Tech Index down 2.2%. Xiaomi Group fell nearly 4%, Seres rose over 6%, Tencent Holdings and Alibaba fell over 2%, Zhipu dropped 2.26%, and MINIMAX fell 2.96%.
Current Bitcoin futures market buying pressure is approaching the "8.19" level, with bulls regrouping once again.
October 2 — Crypto analyst @AxelAdlerJr stated that the current Bitcoin futures market buy pressure indicator has risen to 4.9, reaching its highest level since August 19. Open interest increased by nearly 9,000 BTC within 24 hours, indicating that traders are once again beginning to build positions. The buy pressure indicator measures the balance of buying and selling in the market and is weighted by the magnitude of changes in open interest. A reading of 4.9 indicates that the pressure accumulated over the past 12 hours is nearly five standard deviations above the average level of the past week. This surge may be accompanied by the establishment of long positions and the closing of short positions. @AxelAdlerJr believes that if Bitcoin's price can remain above $85,000 when upward momentum weakens, it would indicate that this rally is likely to continue. The main risk for newly opened long positions lies in the price falling below $83,000: liquidation could accelerate the decline.
Well-known trader: Any Bitcoin pullback is a buying opportunity, and the current reasonable bottom-fishing level is around $82,500.
October 2 — Well-known trader Killa posted that the current Bitcoin trend has clearly shifted, yet we are still at the peak of the "market doubts the bull market" phase. In the 2023 bull market, if one went long on every sweep of an "established low" (meaning a low that has been confirmed by the market and has already shown support), the deepest price drop below that low was only 8%; in some cases, it only broke below by 4–5% before immediately rallying again. Our current "established low" is 82.5K; based on historical performance, the expected downward deviation is likely to be very small. As a quantitative trader focused on BTC, Killa previously predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and turned long during the market-wide decline on June 5.
Aave founder responds: The module involved is a third-party external adapter, not an Aave v3 contract affected.
10 月 2 日，针对 SlowMist 报告称 Aave v3 循环策略中使用的 Safe 模块遭利用、损失约 114.09 ETH（约 31 万美元）一事，Aave 创始人 Stani Kulechov 表示，该事件并非 Aave v3 合约遭到攻击。 Stani Kulechov 称，涉事模块是构建在 Aave v3 之上的第三方外部适配器（external adapter），此次事件对 Aave v3 本身没有影响。 Blockbeats 此前消息，Aave v3 Loop Safe 模块遭遇攻击，攻击者利用 FlashLoopAdapter 的 open()/close() 访问控制漏洞，通过伪造 Safe 认证及任意模块执行，从两个 Safe 多签地址窃取约 114.09 ETH，并偿还约 1300 WETH 债务以解锁抵押品。
Analysis: Signs of whale capital returning are emerging, with stablecoin inflows to Binance growing over 40% from their low point.
October 2 — CryptoQuant analyst Darkfost posted that whales holding large amounts of funds are increasing the scale of stablecoin transfers to Binance. Data shows that for whale addresses transferring more than $1 million in stablecoins in a single transaction, their cumulative 30-day inflow has risen from $21.7 billion to $30.5 billion, an increase of more than 40% compared with more than a month ago. Typically, stablecoin inflows to trading platforms often mean that funds are preparing for market positioning, so the increase in whale stablecoin inflows may be related to potential buying pressure. Data shows that whale stablecoin inflows previously exceeded $61 billion at the October high, then experienced a relatively long decline. Recently, as Bitcoin's structural trend has changed, whale capital behavior has begun to shift, but they still remain cautious. Darkfost said that current whale capital deployment is affected by multiple factors, including market expectations for an "October rally," as well as macroeconomic factors such as conflict, inflationary pressure, and continuously rising bond yields.
Drift's compensation plan has sparked community dissatisfaction, with only about $1 currently redeemable for every $100 in losses.
October 2. Earlier today, the Drift Foundation opened claims and redemptions for the April 1 security incident. Affected users can receive newly issued compensation tokens, DFX, at a ratio of 1 USD to 1 token based on verified losses. DFX is a standard SPL asset on Solana, with a fixed total supply of approximately 299.5 million tokens, corresponding to about 295.4 million USD in verified losses, and it will not be minted further. Users can burn it on the official portal and redeem it for USDT at the redemption price, or transfer it to secondary markets such as Raydium for trading. The redemption price is determined by the balance of the recovery pool divided by the number of DFX tokens that have not yet been burned. It is reported that the pool contains about 3.11 million USDT, corresponding to a redemption price of about 0.0104 USD, meaning that for every 100 USD lost, only about 1 USD can be redeemed. This ratio immediately sparked strong dissatisfaction in the community. Some users pointed out that the nominal "full certificate" only covers about 1% of losses once implemented, equivalent to an immediate 99% shrinkage, far short of the full compensation previously expected. Although the plan also lists support commitments of up to 127.5 million USD from Tether, up to 20 million USD from partners, as well as follow-up sources such as fee sharing from the new trading platform Velocity and recovery of stolen funds, these funds are mostly caps or installment arrangements and did not enter the pool on the day the portal opened. It is worth noting that the price of DFX has risen significantly since trading opened. Although the redemption price remains at around 0.0104 USD, the secondary market transaction price rose from about 0.01 USD to about 0.03 USD, an increase of about 210% in 24 hours. This rally reflects expectations for future inflows, rather than an increase in the balance of the recovery pool. The token can be freely transferred, and the transaction price does not have to equal the redemption price; current liquidity is only about 200,000 USD, so a small amount of buying can push the price up. Summarizing community views, buyers are mainly betting on two things: first, if Tether, partner capital injections, protocol revenue, and recovered funds arrive one after another, the redemption price could in theory be significantly higher than the current 1 cent; second, early redemptions and the unclaimed portion after the claim window closes on January 1, 2028, will both be burned, so each subsequent inflow will be shared by fewer tokens.
Glassnode: The sell wall above $85,000 for Bitcoin has disappeared, which may provide room for further gains.
October 2nd, according to Glassnode monitoring, the seller liquidity wall above BTC has disappeared. Buyers broke through the sell order wall near $85,000 yesterday, a level that had been tested multiple times over nearly a week but failed to break through. Glassnode stated that the remaining sell orders now appear to have been withdrawn as well, and seller liquidity above BTC has decreased, which may provide more room for further price increases.
US media: Trump once asked Grok about capturing Maduro and considered its performance 'very outstanding'
October 2. Time magazine published a long report on Trump on October 1. The report mentioned that after Trump returned to the White House, he became increasingly fascinated by artificial intelligence capabilities. Last December, Musk secretly returned to the Oval Office of the White House to meet with Trump, during which Trump spent several hours asking Musk's AI chatbot Grok about questions related to his presidency and political legacy. Trump also asked Grok what the Venezuelan people would do if the United States captured Maduro. Grok replied that Maduro is very unpopular in Venezuela, and many Venezuelans might celebrate his downfall. The following month, Trump ordered an operation to capture Maduro, and celebrations subsequently appeared on the streets of Venezuela. According to multiple officials, this made Trump believe that Grok performed very well. (Jinshi)
"Nonfarm Payrolls Preview" U.S. stocks are poised for new highs—can the prosperity created by AI withstand tonight's data test?
October 2nd, according to TradingBeats monitoring, the U.S. September nonfarm payroll data will be released tonight at 20:30. On the previous trading day, the S&P 500 index closed at 7,666.45 points, about 1.7% away from its record closing price of 7,798.99 points; the Nasdaq 100 index closed at 30,501.56 points, only about 0.75% away from its record closing price of 30,732.40 points. Both major indices have approached their previous highs. How are the market's internal structure and large funds positioning themselves? Indices approach new highs, gains still concentrated in AI heavyweight stocks On the previous trading day, Nvidia rose about 1.1%, becoming one of the stocks contributing the most to the S&P's rise, while Micron rose about 3% over the same period. As of September 30th, Nvidia's weight in the S&P 500 was about 8.38%, ranking first among all constituent stocks, with Apple and Microsoft accounting for about 7.37% and 5.78%, respectively. If Nvidia, Microsoft, Alphabet, Amazon, Broadcom, Meta, and Micron are combined, their weight in the S&P 500 has reached about 30.2%. The performance of AI and related technology leaders still has a significant impact on the direction of the index. At the same time, according to relevant market reports, the 10-year U.S. Treasury yield rose to 5.34%. U.S. stocks appear close to new highs on the surface, but internally they have clearly been losing strength: over the past month, the median S&P 500 constituent stock fell about 5%, the equal-weighted index fell for seven consecutive weeks, bank stocks dropped more than 12% from their highs, and utilities approached a bear market. The current index is still being held at a high level by a few AI giants. If AI profit expectations loosen, the broad weakness hidden beneath the index may be exposed in a concentrated way. New funds lean toward going long According to TradingBeats monitoring, from the opening of U.S. stocks this Monday to now, there have been a total of 6 new AI-related long positions on Hyperliquid that are still worth more than $1 million, with total net buying of about $13.309 million, mainly concentrated in Micron, Nvidia, Meta, and Google; during the same period, two new short positions in Micron totaling about $3.001 million appeared. Looking only at newly entered funds, the direction is still clearly biased toward longs. Existing funds show: during the same period, 5 old long positions in Nvidia, Google, and Meta were all cleared, with cumulative selling of about $20.038 million; in addition, existing short positions continued to add to the above AI leaders and Amazon, with total newly added short exposure of about $6.384 million. Among them, two addresses closed a total of about $14.3 million in Nvidia long positions yesterday, but still hold a combined about $17.23 million in SP500 long positions, which is closer to reducing exposure to a single AI leader rather than withdrawing from the index at the same time (0x044a, 0xdfb6). At the same time, another address opened a new Nvidia long position of about $3.01 million, Google saw a new long position of about $1.17 million, and Micron had a new short fill of about $1.5 million. The order book structure shows: near $225.3-$229.4, Nvidia still has about $1.786 million in new long buy orders, but above at $235.82-$248.22 there are simultaneously about $5.106 million in sell orders; below, Meta retains a plan to add about $2.455 million in longs, and near $1040.7, Micron has about $2.4 million in new long buy orders. Divergence has already extended to the index side. This morning, one address started from a flat position and shorted about 401 XYZ100 contracts, with cumulative opening of about $12.257 million at a cost of 30567.8 points (0x42bc); another address also newly opened about $4.24 million in SP500 shorts yesterday. At the same time, SP500 has about $6.133 million in full-position take-profit orders near 7899 points, while XYZ100 has about $3.408 million in sell orders to continue adding shorts near 30702 points. Liquidation lines Hyperliquid's SP500 and XYZ100 contracts are quoted at about 7688 points and 30624 points (USD), respectively. If the S&P retests its previous high. Above it, the first liquidation price for four million-dollar-level SP500 shorts is at 7863.5 points, involving current positions of about $23.65 million; of which about $18.66 million is concentrated in address (0xb4ea). Below the current price, four major long liquidation lines are distributed from 7596.5 to 7518.9 points, involving positions of about $19.39 million, about 1.2%-2.2% away from the on-chain current price; the largest single one, about $9.58 million, is at 7518.9 points (0xcf53, 0x572c, 0x9277, 0x2322).
In the past hour, $121 million was liquidated across the network, mainly short positions.
October 2, according to Coinglass data, as Bitcoin broke through $86,000, rising 1.35% in the past hour, total liquidations across the network during the same period reached $121 million, including $2.55 million in long liquidations and $119 million in short liquidations.
Bitcoin breaks through the $86,000 mark, with an intraday gain of 1.35%.
October 2nd, according to HTX market data, Bitcoin broke through $86,000, currently reported at $86,030.09, with a daily increase of 1.35%.
El Salvador's Bitcoin holdings limit issue resolved, IMF approves $138 million disbursement.
October 2: The International Monetary Fund (IMF) approved the disbursement of 138 million USD to El Salvador as part of its 1.4 billion USD Extended Fund Facility (EFF) program. In this review, the IMF approved a waiver for El Salvador regarding previously unmet program requirements related to Bitcoin accumulation limits. The IMF stated that El Salvador has taken corrective measures and committed to continuing to reduce the government's involvement in Bitcoin-related activities. According to IMF disclosures, El Salvador is expected to refrain from further Bitcoin accumulation beyond the already recorded donations, while continuing to strengthen transparency disclosures and the regulatory framework for government-held crypto assets. This disbursement is part of El Salvador's 40-month EFF program, totaling approximately 1.4 billion USD, which was approved in 2025.