1. CZ responds to accusations, calling them far-fetched; Binance says Bitcoin depegged only after it bottomed
CZ called the accusations far-fetched. Binance said Bitcoin bottomed at 05:20 (UTC+8), and the depegging event began at 05:36 (UTC+8); Ethena and Haseeb Qureshi of Dragonfly said the timeline did not add up. Star Xu replied that Bitcoin fell first, and leveraged cycles exacerbated the decline. -Original
2. During the crypto market pullback, whales accumulated around 15,000 BTC, over 166,000 ETH, and 45 million XRP in 72 hours
During the crypto market pullback, whales accumulated around 15,000 BTC, over 166,000 ETH, and 45 million XRP in the past 72 hours. -Original
3. Morgan Stanley adds to its Bitcoin holdings, bringing its total to 10,600 BTC
Morgan Stanley added 91.69 BTC through its spot Bitcoin exchange-traded fund, MSBT, bringing its total holdings to 10,639 BTC, currently worth approximately $880 million. - Original
4. Total holdings of U.S. spot Bitcoin ETFs surpass 2 million BTC, accounting for 10.02% of supply
Total on-chain holdings of U.S. spot Bitcoin ETFs have surpassed 2 million BTC, reaching approximately 2.013 million BTC, or 10.02% of the current BTC supply. The value of their on-chain holdings has reached approximately $227.6 billion. - Original
5. BlackRock’s IBIT holdings surpass 804,800 BTC, with a market value exceeding $65.186 billion
According to official BlackRock data, as of October 8, IBIT held 804,800 BTC, with a market value of $65.186 billion. - Original
6. State Council issues opinions proposing the creation of a national blockchain network and a nationwide integrated computing power network
The full text of the State Council’s Opinions on Developing New Quality Productive Forces has been released. It proposes optimizing the layout of national data infrastructure and building a nationwide integrated computing power network and a national blockchain network. - Original
7. Trump and Netanyahu hold emergency talks about possible renewed U.S.-Israeli strikes on Iran; no final decision has been made
U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have been in frequent and urgent communication about the possibility of renewed U.S.-Israeli military strikes against Iran, but no final decision has been made. Netanyahu does not intend to take military action before Israel’s parliamentary elections later this month. The Israeli military is assessing the likelihood that the U.S. will resume military operations against Iran and making preparations. - Original
8. Texas court dismisses shareholder lawsuit against Coinbase directors; Armstrong welcomes ruling
On October 2, the Texas Business Court dismissed shareholder Gary Guillaume’s derivative lawsuit against Coinbase directors because the plaintiff had not first made a written demand to the board. The court did not rule on the alleged misconduct. Coinbase CEO Brian Armstrong praised the ruling on October 9, saying it encourages more companies to incorporate in Texas. - Original
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