Odaily reports that Bank of America strategist Michael Hartnett said money market funds attracted $166.4 billion in inflows in the week ending October 7, the largest weekly scale since April 2020. He believes that as long as the Federal Reserve does not initiate sustained and significant monetary easing, this batch of funds will find it difficult to leave cash-like assets on a large scale in the short term. Hartnett summed up the current logic of capital flows in one sentence: "No rate cut, no reduction in cash."

Unlike the common previous judgment that "too much cash will eventually flow into the stock market," he believes that the current elevated level of cash does not necessarily mean there will be massive potential buying power for stocks in the future, because cash itself can already provide relatively attractive yields. The market now expects that the Fed's next rate hike is more likely to occur in December rather than at the late-October meeting. The rates market is also pricing in the possibility of continued tightening in the coming months. In this environment, cash is no longer a "waiting asset" with almost no yield.

Money market funds and short-term bonds can provide relatively high interest while price volatility is significantly lower than that of stocks and long-term bonds, so investors have no obvious incentive to rush into taking on more risk.

Odaily News: The Zcash development team plans to incorporate quantum-resistant signature opcodes into the network in January 2027, supporting transaction verification through hash-based signatures to reduce the threat that breakthroughs in quantum computing technology pose to wallet key security. However, the official activation time has not yet been determined. Zakura engineer Roman Akhtariev stated that the mechanism will be primarily applied to Zcash's transparent transaction system. As of Thursday, approximately 11.96 million ZEC were held in the transparent address pool, accounting for about 70% of the 16.98 million ZEC in circulation. In addition, Zakura has launched a wallet balance query tool based on Private Information Retrieval (PIR), and an experimental version is already available through the "Private queries" setting in the Zcash wallet Vizor.

Odaily News — According to on-chain analyst Yu Jin's monitoring, Hyperliquid's biggest long whale currently holds $320 million in long positions across 10 addresses, with unrealized profits of $8.77 million. The positions include 1,400 BTC and 82,000 ETH, with an average entry price of $75,967 for the BTC longs and $2,493 for the ETH longs. This entity primarily goes long on BTC and ETH, and has accumulated $117 million in profits this year through multiple rounds of long positions.

Odaily reports that security researcher beaksec (Emiliano Versini) has disclosed a high-risk vulnerability, CVE-2026-107181, affecting Telegram Desktop 7.2.8 and earlier versions. Attackers can craft a malicious tg:// link to read arbitrary local files via IPC injection, including tdata session files, and send them to an attacker-controlled channel, potentially leading to account takeover. The vulnerability has been fixed in version 7.2.9.

Odaily Report: Telegram has released version 13.0 with a built-in Gram Wallet, which will be gradually rolled out to all users.

According to MSX.COM data, US optical communications leader Lumentum rose over 6% in pre-market trading, while Coherent gained more than 4%. Lumentum's CEO stated that optical component capacity has been "sold out" through early 2029.

According to Odaily, Bitcoin Treasuries posted on X that Barclays, with a scale of $2.3 trillion, has reiterated its Buy rating on Bitcoin treasury company Strategy (MSTR) and raised its target price to $175. Barclays categorizes Strategy alongside fintech giants such as Visa and Mastercard.

Odaily News: As artificial intelligence technology is increasingly viewed as a national security issue, amid growing calls for stronger AI regulation and following multiple cybersecurity incidents caused by out-of-control AI systems, companies developing frontier AI technology are intensifying efforts to establish connections with U.S. President Trump's White House. Since the beginning of this year, Anthropic has appointed at least two former Trump administration officials, one to its board of directors and another as head of frontier compute strategy. OpenAI has hired at least three officials who previously served in the Trump administration, working on strategy and special projects.

Michelle Nie Duncan, a visiting research fellow with the Technology and National Security Program at the Center for a New American Security (CNAS), said companies have realized that the Trump administration holds many policy tools that can affect their businesses, including federal government procurement, supply chain risk designations, and export controls, and that the government is willing to use these measures. "These companies have learned from Anthropic's experience and realized that maintaining good relations with the White House is beneficial," she said. (CNBC)

1. Yilihua: Currently leaning toward BTC dropping below $79,000; bullish on a pullback but not shorting;

2. Binance will add monitoring tags for BICO and CVC on October 9;

3. Holdings increased to approximately 848,000 BTC; Strategy has no fixed Bitcoin holding target, and Michael Saylor says the digital asset "gold rush" will continue until 2035;

4. Fidelity Vice President of Research: The bear market may not be over yet, and BTC has yet to face the November cycle test;

5. MARA Holdings sold 996 Bitcoin, worth $81.13 million;

6. SK Group Chairman Chey Tae-won: Chip demand is expected to continue growing rapidly;

7. In September, the four major public chains' main Launchpads issued over 1.9 million tokens, setting a record high;

8. With cumulative profits of $9.26 million and a 100% win rate, a certain address went long on 12,000 ETH with 20x leverage;

9. Binance Alpha will remove 14 tokens on October 9;

10. U.S. optical communications sector rebounded in pre-market trading, with Lumentum saying optical component capacity is "sold out" through early 2029.

PPP prediction market tool monitoring shows that the probability of "BTC will hit $75,000 in the remaining period of October" on Polymarket has dropped to 26%, down 6% in 24 hours.

According to the settlement rules, this market is based on the Binance BTC/USDT trading pair. Within the specified month in the title (from 00:00 ET on the 1st of the month to 23:59 ET on the last day), if the high price of any 1-minute candle is equal to or higher than the price specified in the title, it will immediately settle as Yes; otherwise, it will be No. This market is based solely on the High price of Binance BTC/USDT 1-minute candles. Prices from other exchanges, trading pairs, or spot markets are not taken into account.

Join the PPP signal push community to stay one step ahead and seize the opportunity.

Odaily News: Network School has announced the completion of a new funding round led by Polychain Capital, with participation from Andreessen Horowitz (a16z), Coinbase, Balaji, and others. The specific amount of the funding was not disclosed, and the project is valued at $2 billion. Olaf Carlson-Wee, founder and CEO of Polychain Capital, announced the above information at the Network State conference.

Odaily: The European Securities and Markets Authority (ESMA) has published a consultation paper seeking industry feedback on the legal, liquidity, and operational risks of tokenized collateral, in order to assess whether clearing institutions can obtain and liquidate such assets under market stress, and to determine whether new EU regulatory measures are needed.

ESMA Chair Verena Ross stated that legal certainty, infrastructure interoperability, and appropriate regulation are needed to create the conditions for the safe cross-border operation and scaling of tokenized markets. Tokenized collateral is entering European clearing operations, enabling banks and investors to obtain securities more quickly to meet margin requirements.

The assessment will also examine whether current EU rules can support clearing institutions in obtaining and liquidating tokenized collateral in the event of a member default. In July 2025, Eurex Clearing launched a collateral service based on distributed ledger technology, and JPMorgan completed its first real-time transaction for Dutch pension investor PGGM.

ESMA will also assess tokenized forms of assets held by traditional financial infrastructure, assets natively issued on distributed ledgers, and their relationship with stablecoins, central bank money, and tokenized deposits. The European System of Central Banks launched Pontes in September 2025 to settle tokenized asset transactions in central bank money, and to connect blockchain infrastructure with existing settlement systems. (Cointelegraph)

Odaily News: Bybit today added 6 stock perpetual contracts: United Microelectronics (UMCUSDT), T-Rex 2x Long BMNR ETF (BMNUUSDT), Viking Therapeutics (VKTXUSDT), StablecoinX (USDEXUSDT), Breakwave Tanker Shipping ETF (BWETUSDT), and MP Materials (MPUSDT), with up to 25x leverage. During the launch period, limited-time fee promotions are available: 0% maker fee and 50% off taker fee.

Odaily News: According to an official announcement, South Korean crypto exchange Bithumb will list the XDP token on the Korean won market, with trading expected to open at 21:00 local time.

Odaily News: Bitget has launched a dual CandyBomb campaign, running from October 9 at 18:00 to October 19 at 18:00 (UTC+8). Details are as follows:

Exclusive for new futures users: Complete designated net deposit and futures trading tasks to share a prize pool of 0.2 BTC, with a maximum of 0.002 BTC per person;

Exclusive for new TradFi futures users: Trade designated contracts such as SanDisk and Micron to share a prize pool of 8 rSNDK, with a maximum of 0.08 rSNDK per person.