Industry Regulation and Institutional Developments S&P Global Ratings Launches New Framework: On October 5, S&P Global Ratings officially launched a new risk assessment framework for on-chain lending vaults. Deposits in the sector have reached $10 billion, up from just $1.5 billion two years ago. The framework will assess multiple factors, including credit, liquidity, governance, and blockchain security. Whale Activity and On-Chain Movements: According to on-chain analysts, the founder of POAP transferred 4,000 ETH (approximately $10.79 million) to the Gemini exchange today. They still hold more than 54,000 ETH.
Regulatory and Policy Developments The U.S. introduces a major digital asset tax bill (ADAPT Act) On October 1, U.S. Senator Steve Daines officially introduced the 56-page “Act to Align Digital Assets and Tax Principles” (ADAPT Act). The bill aims to establish clear tax rules for stablecoin payments, network fees (gas fees), staking, and lending. It also proposes that digital assets used to pay network, transaction, or gas fees of $10 or less be exempt from recognizing gains or losses. In addition, it provides tax exemptions or simplified reporting for compliant purchases of goods and services using U.S. dollar stablecoins.
Market Trends and Institutional Updates Macroeconomy and Market Performance Entering October, the market is closely watching the U.S. September jobs report (non-farm payrolls), CPI data, and the Federal Reserve’s monetary policy direction. Although the crypto market has recently seen an inflow of funds and a quarterly rebound (such as Bitcoin recovering somewhat over the past quarter), analyses indicate that most mainstream assets still face pressure from macro high interest rates (e.g., U.S. Treasury yields remaining at relatively elevated levels) when viewed against their year-to-date trend. The market is overall searching for direction amid “fragmented repairs” and a shift toward compliance.
RWA tokenization platform listed OpenWorld and VerifyMe have officially announced the completion of their business merger, forming a digital tokenization platform for real-world assets. They began trading on Nasdaq on October 1 under the code “OPNW,” advancing institutional-grade RWA tokenization.
Follow me and take Answer 1 to take away the $SOL 红包!
#BTC After surging, the price pulled back—is this a shakeout or a top?
Bitcoin just surged to $86,976 before meeting resistance and pulling back. It’s now trading around $86,073.
This move coincided with three major developments:
📌 Bitcoin spot ETFs saw $6.34 billion in net inflows in Q3 📌 The odds of a Fed rate hike in October fell to 17% 📌 BTC met resistance and pulled back after testing $87,000
There’s plenty of positive news, but the price still couldn’t hold above $87,000.
Looking at the chart, the long upper wick left after the surge shows that there was significant selling pressure near $87,000.
For now, though, I’m more inclined to view this pullback as:
A shakeout during an uptrend, rather than a near-term top.
Why?
On the one hand, institutional money continues to flow in, providing ongoing support for BTC from long-term investors. On the other hand, the current macro environment hasn’t deteriorated significantly.
The price has now pulled back to test moving-average support around $86,000. The key thing to watch next is how well this level holds.
As long as $85,800 isn’t decisively broken, this short-term pullback looks more like a shakeout within the broader uptrend.
What we really need to watch out for is a change in market structure if support fails.
So there’s no need to rush to a conclusion just yet— A pullback after a surge doesn’t necessarily mean we’ve hit a top; it could also be building momentum for the next breakout.
Crypto is not only about charts, price movements, and market trends. Understanding the fundamentals and being able to answer simple questions correctly is also an important part of becoming a better market participant.
So today, I’m turning the Red Packet into a small crypto knowledge challenge.
Here’s the question:
What is the largest cryptocurrency by market capitalization?
Take a moment before answering. Don’t just guess based on which coin you see trending the most. Think about overall market value and the role the asset plays in the broader crypto market.
The goal is simple: test your knowledge, share your answer, and see how many people can get it right.
There is no need to overcomplicate it. Sometimes the simplest questions are a good reminder of how much we actually understand about the market.
#MUA After trading for this long, I want to ask you a question. Right now, on the road to trading, what is the biggest obstacle for you? A. I can’t understand technical analysis B. I understand it but can’t control myself C. Position sizing has no rules D. My mindset collapses the moment I lose E. I don’t know how to trade at all Leave a comment and tell me—I’ll definitely come back to it. Just out of curiosity, I also want to see where everyone gets stuck.$BNB
I'll just get to the point: 1️⃣ In crypto, only the primary market can turn your fortunes around—and among primary-market projects, only LUCiC stands out in terms of liquidity pool size, community size, and community strength! 2️⃣ If we go by Binance's listing requirements, LUCiC is currently the primary-market project that comes closest! Its liquidity pool is deep enough, and its community is big enough! 3️⃣ LUCiC is also one of the only projects across the entire internet willing to share 80% of its profits with everyone through real dividends! Remember: the only one 🙏 4️⃣ So read the three points above carefully—and keep them in mind! Don't be a stubborn contrarian! The opportunity to change your destiny might be right here!
Something to watch out for, everyone: Since October, Bitcoin has failed four times to break above its opening price of $87,000. If it gets rejected again, bullish sentiment may falter. I have red envelopes here 👉👉👉👉👉🧧🧧🧧🧧🧧👈👈👈👈
Life is like driving: set your direction and step on the gas. In your career, keep moving forward and breaking through! Don’t fear challenges or wait for opportunities—create them yourself! What I want isn’t just to reach my destination, but to stand at the summit! 😊
🌺@听澜321 The wheat waves speak, while the heart stays silent!
Singing a slow song, just an amateur My voice isn't perfect, but I put my heart into it
Life Sometimes needs a little something useless yet beautiful May we all have a wheat field of our own May you, listening to this song, be treated gently by time~ #比特币现货ETF三季度净流入63.4亿美元