On October 15, Protocol Labs and the Filecoin Foundation’s 6-year token release program will officially reach its scheduled end—new supply will be slashed by about 75% directly. That’s the biggest “food shortage” in Filecoin history. In the same month, miners’ wages are also cut in half: 0.0032 → 0.0016 FIL/TiB/day.
Plainly put: FIL used to be like an all-you-can-eat buffet—you could grab whatever you wanted. After this, it becomes a limited, rationed supply. Take it or leave it.
On the chart, these past two days have been pretty well-behaved: after dipping to 0.98 on October 2, it bounced up for two straight days. The current price is 1.06, inching higher while riding MA7 (1.05) and MA25 (1.045). The range 1.02–1.05 is the “cushion” under your feet; up above, at 1.084, there’s a gatekeeper standing there (yesterday’s high). Once it clears the gatekeeper, look to 1.15.
Back in September, it already quietly ran up once—up 22%. This time, the supply contraction is basically “declared in the code,” out in the open. The question is: does the market dare to follow?
A stablecoin that hit two headlines at once yesterday 👀
Just now, a report from the U.S. Senate said that USDT has become Iran’s financial lifeline. Tether immediately responded: it has cooperated in freezing nearly $550 million worth of sanctioned funds.
On the other side, things get even more interesting: Utexo, in which Tether has invested, announced that this month it will directly issue USDT on Bitcoin’s mainnet using the RGB protocol, and it will also support privacy transfers. Imagine this—$1.8 trillion in stablecoins just goes onto the BTC chain to lie flat.
Someone asked me what I think about USDT from a technical perspective? Bro, its candlestick chart is basically a straight line—looks like the charting guy is out of a job. While everyone else is jumping around, it stays at 0.9997 unmoved— the steadiest “office worker” in the whole market. To read it, you only need to check three things: whether its peg is stable (stable), how much liquidity is being released (183.3 billion is still going up), and whether the cops are actually checking (the report is already here).
When big money runs, the first thing they cling to is it. If it sneezes, the whole market catches a cold.
Good news and “Lei” fly together; the one that rises the most doesn’t necessarily mean it’s the safest
ZRO is up 13.32% over the past 24 hours, trading at 2.0068. The news flow has been pretty lively: on Oct 1–2 it rebounded from a low of 1.07 to around 1.9. The story is that institutions bought via OTC, along with expectations for Zero L1 and progress on partnerships involving stablecoins; also, since April, Stargate revenue has been 100% used to buy ZRO.
But there’s plenty of “Lei” too: on Oct 3, an address related to a strategic partner transferred 8 million ZRO (about $14.98 million) to Coinbase Prime, and there’s another unlock scheduled for Oct 20.
Technical picture: the bulls are aligned, and the MACD histogram is still growing, but the daily RSI is 78.8—overbought. Trading volume has shrunk to just 0.33 times its usual level. A breakout to a new high on decreasing volume—I'm not too comfortable chasing.
COLLECT is up 31.53% over the past 24 hours, with trading volume at 4.13 times the usual level—overall volume momentum is the strongest. But when you look back at the past few days, there hasn’t been anything in terms of announcements, partnerships, or even listing activity— the last time there was any movement was Binance Alpha’s trading competition in early September.
What’s interesting is that the daily RSI is only 47.2, still in the neutral zone, meaning this move hasn’t overextended on the daily timeframe. However, the price is still below the MA50 (0.0401). In essence, this is a deep-drop recovery—only if it can hold the MA20 (0.0183) can it be considered to have really stabilized.
In 24 hours, it surged 122.96%, with trading volume reaching 639 million yuan; volume is 3 times the 7-day average—real money seems to be flowing in.
However, the price is still below the MA50 (0.0575) and MA200 (0.0723). The 4h RSI has climbed to 80.7, entering the overbought zone, and the ATR price move rate is 26.8%. The medium-term trend hasn’t turned—this looks more like a rebound after a deep drop. Before chasing higher, first see whether it can hold above the MA20 (0.0325).
BNB Watch: Tokenized Stocks Market Cap Breaks $1 Billion; Technicals Rise Above All Moving Averages
🏦 Fundamentals BNB Chain has just become the first blockchain to reach a tokenized stocks and ETFs market cap of $1 billion, with a scale of about $1.1 billion, representing roughly 30% of the global market in this segment. 📌 On-chain is live: 709+ tokenized stocks and ETFs, with cumulative trading volume exceeding $5 billion 📌 The newly launched bStocks support 1:1 endorsement, zero-fee redemption, and 24/7 trading. Comes with daily collateral proofs and can be integrated with DeFi protocols such as Venus, Lista DAO, PancakeSwap, and Aster. 📌 The BNB Hack “Tokenized Stocks” special event is ongoing (ends Oct 11, with a $20,000 prize pool)
Coinbase Chief Business Officer: Currently Advising with Six Major Banks to Increase Bitcoin Exposure
On October 4, according to disclosures by Bitcoin Magazine, Coinbase’s Chief Business Officer said the company is working with advisors from six global systemically important banks to increase its exposure to Bitcoin. Coinbase’s Chief Business Officer: The company views this as a way to expand the market and provide individuals with more avenues to access Bitcoin. Global systemically important banks are large banks recognized by the Financial Stability Board as having a significant impact on the global financial system. $BTC $ETH $SOL