链捕手ChainCatcher

According to a ChainCatcher report, Aave founder Stani Kulechov said he was disappointed by the European Central Bank (ECB) and the European Banking Authority (EBA)’s responses to the MiCA consultation. He said the two institutions not only advocated banning interest on stablecoin payments, but also proposed limiting crypto-asset service providers (CASPs) from offering users access to DeFi, including services involving non–MiCA-authorized stablecoin yield protocols.
Kulechov said that related views also involve restricting DeFi services to specific user groups through “appropriateness testing,” and potentially establishing a certification regime for DeFi lending protocols. He believes that if regulators decide which protocols are suitable for European users, it could create more closed ecosystems, weaken the liquidity and network effects of open DeFi, and limit European users’ opportunities to participate in on-chain finance.

ChainCatcher news: Arthur Hayes said that U.S. policymakers may support the AI industry and government debt financing by issuing additional money, which could push up cryptocurrency prices. If China were to shift from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also watching financial pressures in France, including credit default swaps related to BNP Paribas and the spread on French government bonds.
Portal Ventures managing partner Catrina Wang said that banks and asset management companies have an advantage in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, noted that public chains can help institutions reach customers beyond their own networks. Justin Kugel, executive vice president of World Liberty Financial, said demand from users for asset management and investment assessments still leaves room for intermediaries.

Author: Dong Jing, Wall Street Insights

The U.S. September nonfarm payroll report will be released this Friday (October 2). It is the last employment data point ahead of the October 28 Federal Reserve meeting, yet the market’s pricing of its impact has fallen to a recent low—while historical experience suggests that when the market is least concerned, that’s often when the data most stirs the market.
Wall Street’s median expectation is for 90,000 new jobs, a sharp drop from August’s 162,000. The market is highly focused on whether the August data will be revised significantly downward. An abnormal seasonal adjustment previously exaggerated overall employment performance, making September’s figures face extreme base-effect uncertainty.

Author: Simon Taylor, founder of Fintech Brainfood
Compiled by: Jiahun, ChainCatcher
Cloud computing and mobile internet are no longer the main forces driving transformation in financial services. Taking the baton are smart tokens (units that AI models use to process and generate information) and value tokens (on-chain tokens representing currency or assets).
A decade ago, the ideas that made fintech different—such as mobile-first, cloud computing, and replacing bank branches with APIs—are now standard equipment for financial companies worldwide. Once these practices become commonplace, fintech shifts from the next direction of innovation to the industry’s everyday routine.

The October 6 themed event will focus on on-chain capital markets and stablecoin real-world payments. Representatives from organizations including Circle, Visa, Lotus Technology, NIUM, Plume, Safeheron, WIDTH, Mirae Asset, and AWS will participate in the discussion
Global stablecoin payment infrastructure provider WasabiCard announced that it will host a themed event, “Stablecoin & Payments: Funds Flow,” on October 6, 2026 in Singapore. The event will be held at Raffles Singapore, featuring an invitation-only tea gathering and a thematic forum format. It will bring together industry participants from stablecoin issuers, card payment infrastructure, institutional-grade real-world asset providers, digital asset services, payment security, and the technology sector.

ChainCatcher message: The encryption analyst alicharts, together with mainstream crypto assets’ long-term K-line charts, uses a technical analysis perspective to forecast the likely top of this bull market for the major coins as follows: Bitcoin’s first target is the prior high of $125,000. If it breaks above that level, it may reach the upper boundary of the rising channel—close to $190,000. Ethereum’s monthly chart shows the rising channel it has followed over the past 5 years. The channel’s upper rail near $5,000 is a key level to watch. If it breaks above that 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 will strengthen the bullish case. The pattern’s potential target is expected to be close to $2,744.

ChainCatcher message: In a post on the X platform, Adam of the Greeks.live research institute said that 30.5k BTC options are set to expire, with a Put/Call Ratio of 1.07. The maximum pain point is $82,000, with a notional value of $2.63 billion. 116k ETH options are set to expire, with a Put/Call Ratio of 1.17. The maximum pain point is $2,660, with a notional value of $320 million.
The first weekly delivery day after the quarterly delivery date. On the delivery day, the BTC price bounced back noticeably; large over-the-counter call options transactions were active, and BTC has been trading in a range around $85,000 for more than a week. Adam said that the main tenors’ implied volatility this week fell compared with last week, but rose compared with two weeks ago, and is currently at the low end of this bull cycle. The monthly realized volatility shows a similar trend; volatility risk premia for the main tenors have declined across the board. The Gex peak is at $90,000 and above, while Gex that points in the downward direction has been redistributed. After 10 months of a bear market, this cycle has already seen a small bull run lasting more than one month, and is now in a sideways consolidation phase, with market sentiment improving.

Message from ChainCatcher, according to Decrypt; following a notice from Europol, Spanish police in Alicante arrested a 16-year-old Romanian suspect, suspected of serving as the administrator and main operator of the ransomware gang KillSec.
Two more suspects in their twenties were arrested in the UK and Romania, respectively; in addition, a developer who had just turned 18 this August was identified, but was not apprehended because some of the offenses were committed during his minority.
This operation, codenamed Operation KillSwitch, was led by the Criminal Police Department of the German state of Hamburg along with the city’s public prosecutor’s office, investigating roughly 1,000 suspected attacks worldwide; about 500 have already been confirmed as successful intrusions.