Odaily News: SK Group Chairman Chey Tae-won: Chip demand is expected to continue growing rapidly. (Jinshi)

Odaily reports, according to Gate data, gold (XAUUSD) has risen above $4,200/oz, currently at $4,200.22/oz, with a 24-hour gain of 1.7%.

Odaily reports that according to crypto researcher defioasis, the main token issuance platforms across the Solana, Robinhood Chain, BSC, and Arc ecosystems collectively issued over 1.9 million tokens in September, setting a new all-time high.

Among them, Pump.fun issued over 1 million tokens, Pons issued over 570,000, and Argus and StonkFun each issued over 100,000 tokens.

1. Variational "Top 2 Whale": Will never sell VAR at TGE, and will add positions in both spot and futures;

2. Ansem: If quantum risk threatens Bitcoin, ZEC valuation could approach BTC; the possibility of a pure Meme coin surpassing Bitcoin is extremely low;

3. Hyperliquid cumulative protocol revenue surpasses $1 billion, has bought back and burned over 41 million HYPE;

4. Nasdaq CEO: Tokenization could unlock billions of dollars in trapped capital across the global financial system; AI is crucial for 24/7 trading;

5. With approximately $350 million in collateral value, addresses associated with Abraxas Capital continue to reduce ETH leverage;

6. Pons founder buys Bitcoin spot for the first time in nearly 3 years;

7. "Setting ten big targets first": Will begin reducing positions if BTC drops below $79,000, and will close all long positions if the daily candle closes below $78,000;

8. Worth $1.542 billion, the U.S. government deposited 17,733 BTC and 750 WBTC to Coinbase Prime over the past 3 days, during which BTC fell 6.9%;

9. A suspected whale from a certain country is frantically "farming points" on Variational, generating $2.1 billion in trading volume in a single week.

Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.

Odaily News: Rolling position trader AguilaTrades went long on Bitcoin yesterday at $82,823, then closed the position at a stop loss of $81,940, losing $300,000. In the early hours of this morning, he opened a short position on 200 BTC at $81,743, with a notional value of $16.48 million, and is currently down $150,000 on paper; of his $700,000 principal, only $250,000 remains.

Odaily News: Decentralized perpetual contract trading platform Hyperliquid's cumulative protocol revenue surpassed $1 billion as of June 30, 2026. The platform recorded approximately $492 billion in trading volume in the first quarter of 2026, ranking second only to Coinbase by trading volume.

Approximately 97% to 99% of Hyperliquid's protocol fees are directed through the Assistance Fund for open-market HYPE repurchases, with over 41 million tokens cumulatively repurchased and burned, valued at more than $1 billion.

Hyperliquid operates its own blockchain, and HIP-3 allows users to create permissionless asset markets based on price feeds. Protocol revenue primarily comes from opening and closing trading fees, as well as fees charged for creating new markets; funding rates are periodically exchanged between long and short parties, and the protocol does not retain this portion of funds. (Bitcoin.com News)

Odaily report: An address linked to Abraxas Capital (0xed0c...4312) has recently increased ETH collateral and reduced borrowing leverage. Last night, the address moved 20,000 ETH from Aave to Spark, then repaid approximately $55 million in USDS; today, it borrowed another $10 million in USDS, bringing the net reduction in borrowing to approximately $45 million. Over the past week, the address added a net 57,000 ETH in deposits on Spark, of which 50,000 ETH was migrated from Aave. During the same period, it borrowed a cumulative $93.38 million in USDS and repaid approximately $93 million in USDS, leaving the borrowing scale roughly flat, while the health factor rose from 1.59 to 2.42. As of press time, the address holds approximately 140,800 WETH in deposits on Spark, with collateral value of approximately $350 million, total debt of approximately $124 million, corresponding to a borrowing leverage of approximately 1.55x. Based on current collateral and debt calculations, liquidation could be triggered if ETH's price falls to approximately $1,028.

Odaily reports: The Solana blockchain network plans to reduce its target block time from 250 milliseconds to 200 milliseconds when it enters Epoch 1053 on Friday, completing a series of缩短 adjustments that began at 400 milliseconds in August.

This upgrade will enable the network to produce 5 blocks per second, while simultaneously lowering the compute cap per block to keep overall throughput roughly unchanged.

Faster block production may reduce transaction latency and transaction arbitrage activity, but it will also increase validator voting demands, put pressure on network connectivity, and shorten the transaction validity window. (CoinDesk)

PPP prediction market tool monitoring shows that on Polymarket, the probability of "Gemini 4.0 will be released before October 9" has fallen to 3%, down 47% in 24 hours.

If Google officially releases Gemini 4.0 before the deadline and makes it available to the public, including a public beta or a rolling waitlist open for registration, the market will resolve to "Yes"; otherwise, it will resolve to "No".

Gemini 4.0 must be explicitly released under that name, or officially recognized as the next-generation model after Gemini 3. Versions such as Gemini 3.0 Flash and Gemini 2.5 do not qualify.

Closed testing, private access, and models that are not actually made available to the public do not count. If Google's official website clearly labels a qualifying version and the public can genuinely access it, this will also be considered a formal announcement.

Resolution will primarily be based on official information from Google, with reference to the consensus of credible media reports.

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

According to Gate data, Brent crude oil (XBRUSD) briefly pulled back to $106/barrel and is now trading at $105.99/barrel, up 0.2% over 24 hours.

Odaily News: According to SoSoValue data, yesterday (October 8, US Eastern Time), Ethereum spot ETFs recorded a total net outflow of $72.544 million.

The Ethereum spot ETF with the largest single-day net inflow yesterday was Fidelity ETF FETH, with a single-day net inflow of $5.503 million. FETH's total historical net inflow now stands at $2.334 billion.

Next was Morgan Stanley Ethereum Trust MSSE, with a single-day net inflow of $1.3209 million. MSSE's total historical net inflow now stands at $42.679 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock ETF ETHA, with a single-day net outflow of $71.1208 million. ETHA's total historical net inflow now stands at $12.849 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $15.636 billion, with the ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) reaching 5.17%, and cumulative historical net inflows having reached $13.316 billion.

Odaily News: According to SoSoValue data, yesterday (US Eastern Time, October 8), Bitcoin spot ETFs recorded a total net outflow of $244 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Franklin Bitcoin ETF EZBC, with a single-day net inflow of $4.7143 million. EZBC's total historical net inflow has now reached $330 million.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity ETF FBTC, with a single-day net outflow of $197 million. FBTC's total historical net inflow has now reached $10.519 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.914 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.38%, and cumulative historical net inflows totaling $57.086 billion.

Odaily reports that the Spanish government approved Royal Decree 813/2026 on October 8, 2026, tightening anti-money laundering regulations. Under the new rules, all transactions at crypto ATMs in Spain must undergo reliable identity verification, whereas previously some small-amount physical terminal transactions did not require full identity verification. Operators will be given an 18-month transition period to deploy advanced electronic identity verification systems.

Odaily News: The crypto market recorded total liquidations of $1.19 billion over the past 24 hours, with long positions accounting for over $1 billion of that total. ETH liquidations reached approximately $356 million, surpassing Bitcoin's $298 million; measured as a share of market capitalization, ETH's liquidation rate was roughly six times that of Bitcoin. Interest rate concerns, geopolitical tensions, and warnings related to AI weighed on the leveraged market.

Bitcoin rebounded to around $82,200 after Donald Trump ruled out the possibility of striking Iran before the midterm elections, followed by approximately $25 million in liquidations within the next 4 hours, most of which came from short positions. (CoinDesk)

Odaily News: Crypto KOL Ansem stated in a conversation with Market Bubble and Banks that as AI continues to develop and intelligence gradually becomes commoditized, the value of culture, attention, and collective belief will become increasingly prominent.

Ansem believes that if quantum computing risk becomes a substantial threat to Bitcoin, Zcash (ZEC) could achieve a valuation close to Bitcoin by leveraging its privacy attributes and the narrative of being a superior store of value. He revealed that he currently holds a small amount of spot ZEC but has not actively built a long position.

Additionally, Ansem acknowledges Meme coin KOL Murad's view that cultural and belief-based assets may command a premium, but believes it is extremely unlikely that pure Meme coins will surpass Bitcoin in market capitalization. He pointed out that in a future environment where AI Agents proliferate and intelligence supply becomes excessive, personal influence, culture, and collective belief may become sources of value with greater scarcity.