OKX market data shows that BTC rebounded above 121,000 USDT and is now trading at 121,021.1 USDT, narrowing its 24-hour decline to 1.82%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 120,000 USDT, currently trading at 119,959 USDT, a 24-hour drop of 2.53%. (This newsletter was generated with AI assistance.)

According to MLM monitoring, a Bitcoin whale just deposited 80 million USDC into Hyperliquid and shorted 3,500 Bitcoin (approximately $420 million) within two minutes. The whale reportedly deposited 3,000 BTC (approximately $365 million) into Hyperliquid on October 8th, while still holding 29,300 BTC (approximately $3.57 billion) in its wallet address at the time.

The bill proposed by the US Democratic Party to end the US government shutdown failed to obtain enough votes to pass in the Senate, and the vote is still ongoing. (Jin Shi)

Binance Wallet stated in a post on the X platform: "Following community reports, a token (CA: 0x444******************ffdfe) has been maliciously manipulated to increase points. Trading volume points for this token will not be counted towards Alpha Points. We will continue to monitor and ensure fairness in the points system, and we reserve the right to take further action."

Stablecoin payment infrastructure Rhuna announced the completion of a $2 million seed round of funding, led by Aptos Labs, with participation from Acc Ventures, X Ventures, NewTribe Capital, Keyrock, CoinMarketCap Labs, FunFair, and Lémanique. Rhuna provides a single programmable layer that supports real-time stablecoin settlement in scenarios such as wallet-native checkout and point-of-sale systems. (Chainwire)

According to MLM monitoring, after making a $44 million profit on September 19th, "Big Brother Maji" Huang Licheng has now lost nearly all of his account gains, leaving him with a current profit of just $1 million. He suffered a $42 million loss in 20 days, but still holds nearly $150 million in long positions, with an overall leverage of 14.7x.

Federal Reserve Governor Waller said the job market may have turned negative in the past few months, and the labor market is now his biggest concern. Waller said: "Job growth may have been negative in the past few months. The labor market is very weak, and this is the key point for policy and what we need to understand." The September non-farm payroll report, originally scheduled for release last week, was delayed due to the government shutdown. Waller was appointed to the Federal Reserve Board by US President Trump in 2020 and is currently the favorite to succeed Powell as Fed Chairman. Powell's term expires in May next year. Waller said his interview went well and discussed serious economic issues, "without any political factors." Waller also said that he hopes to continue to cut interest rates, but stressed that policymakers should remain cautious. (Jinshi)

According to Ark Invest Tracker, Ark Invest has reduced its holdings in SOL treasury company Brera Holdings through its subsidiary ARKK for four consecutive days, including 44,859 shares on October 9, 65,810 shares on October 8, 17,828 shares on October 7, and 54,400 shares on October 6.

According to market news: Kalshi raised $300 million at a valuation of $5 billion.

The latest research shows that the threat of a "51% attack" facing Bitcoin is seriously underestimated by the market, and an attacker only needs about $6 billion to destroy Bitcoin.

Artificial Intelligence, OpenAI, AI Narratives Are Becoming Outrageous Golden Finance, "Better to Kill by Mistake than to Let It Go"

Recommended reading for this evening: 1. The global use of stablecoins, as seen in $13 trillion in transactions; 2. Large-scale dust attack on over 2 million BTC: What are Solomon Brothers trying to do?; 3. Cryptocurrency Anti-Money Laundering Guidelines for Financial Institutions;

In the end, the only ones who really make big money are the owner of the mill, the dealer who sets up the game, and the platform that creates dreams.

加密货币已不再是全球经济中的边缘角落，而它正在重塑金融服务与商业格局。

OpenAI’s Sora app has reached over one million downloads in under five days, growing faster than ChatGPT during its early launch despite being invite-only in the US and Canada. The AI-driven platform lets users create short videos with text prompts or “cameos,” but its rapid popularity has raised copyright and moderation challenges.

Stablecoins have evolved from a "crypto-native" concept to a core fulcrum of the digital strategy of financial giants.

Japan’s incoming prime minister, Sanae Takaichi, is set to break more than one barrier. Not only will she be the first woman to lead the nation, but she may also become the first leader to steer Japan out of its post–Mt. Gox regulatory paralysis — and toward a new era of crypto innovation.

Exchanges, In-Depth Comparison of the Seven Major Centralized Exchanges: Which One is the Real Money Printer for Investors? Golden Finance, Does the Choice of Exchange Really Affect the Probability of Profit?

Coinbase and Mastercard are in advanced talks to acquire London-based stablecoin startup BVNK, with the deal potentially valued between $1.5 billion and $2.5 billion. Sources indicate Coinbase is currently leading the negotiations as both firms aim to strengthen their positions in the growing stablecoin payments market.