Odaily News: Bitcoin Treasury company Strategy's market cap has just surpassed YouTube competitor Rumble. Strive has surpassed over 140 public companies in the past month. (Bitcoin Treasuries)

Odaily report: Crypto analyst Darkfost posted on X with a chart, stating that compared to the end of August, the Bitcoin market trend has shown a clear shift, which can be observed from changes in the Capital Cost Basis. This metric calculates a weighted realized price based on transaction volume (USD), giving higher weight to BTC purchased at higher prices, thereby more accurately reflecting the actual cost of market capital.

Data shows that at the end of August, BTC was still struggling near this key level, but Bitcoin has now closed above the capital cost basis of approximately $80,400 for several consecutive weeks. This means that most of the capital invested in the market is now in slight profit. As investor positions gradually turn profitable, market stability is strengthening by the day, which is a positive signal for the current BTC consolidation phase.

According to Gate data, the US dollar to offshore Chinese yuan (USDCNH) exchange rate fell to 6.700, currently at 6.69989, down 0.1% in 24 hours.

Odaily News: According to an official announcement, South Korean crypto exchange Bithumb has announced that it will add support for Bedrock (BR) and Dolphin (POD) Korean won trading markets.

Specifically, Bedrock (BR) will open for trading on October 6 at 19:00, with the supported network being BNB Smart Chain. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 590 Korean won, and the required number of deposit confirmations is 15.

Dolphin (POD) will open for trading on October 6 at 20:00, with the supported network being Base. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 1086 Korean won, and the required number of deposit confirmations is 200.

Bithumb reminds users that deposits are only supported via the specified networks, and transfers from other networks will not be supported.

Odaily News: Crypto mining company Fortitude has secured priority allocation for Bitmain's next-generation Zcash miners, with both parties reaching a non-binding commitment for a potential purchase amount of up to $100 million. Under the agreement, the relevant miners are expected to begin delivery in the second quarter of 2027, with the specific timeline still subject to final product specifications and pricing arrangements. It is reported that this collaboration will help Fortitude establish an early position in next-generation Zcash mining equipment and further expand its infrastructure capabilities in the privacy coin mining sector. (The Block)

Odaily News: Bank of Japan Governor Kazuo Ueda said on Tuesday: "We will continue to raise policy rates and adjust the degree of monetary easing gradually, in line with developments in economic activity, prices, and financial conditions. We will consider the timing and pace of adjustments after assessing risks and the likelihood of our baseline economic and price scenarios materializing." Ueda's remarks came as economists widely expect the Bank of Japan to keep its current policy unchanged at its next policy meeting, which concludes on October 30.

Ueda reiterated the Bank of Japan's policy stance and economic assessment, suggesting he sees no need to overturn this market expectation, while also leaving room for a rate hike after October. Overnight index swap market pricing shows that investors see about a 12% probability of a BOJ rate hike this month; when the December meeting is taken into account, that probability rises to about 90%. (Sina Finance)

At the OKX NOW Summit in Singapore, OKX showcased an AI ecosystem comprising products such as Agent Trade Kit, OnchainOS, Agentic Wallet, OKX AI, and the AI Builder Program, enabling agents to move from market analysis to trade execution while expanding into scenarios including onchain asset management, service transactions, and developer monetization. The event also featured a demo of the upcoming AI Bot, which allows users to create personalized trading strategies through natural language.

This system connects exchanges, onchain infrastructure, wallets, and an agent services marketplace, supporting AI in managing assets and executing trades under user authorization, while also enabling users to subscribe to professional agent services and developers to turn strategies and knowledge into income.

Odaily News: ARK Invest CEO Cathie Wood said that when investors assess the next wave of technology trends, they should shift from focusing on where developers spend their time to tracking the spending behavior of AI Agents — that is, observing which services autonomous software pays money to. As AI Agents evolve from answering questions to autonomously executing tasks, the market needs to pay attention to how these agents choose services, complete transactions, and where funds flow. In the future, payment activity generated by AI Agents may reflect real technology adoption more than product launches themselves.

Predicting market developments for 2027, Cathie Wood said that OpenAI, Anthropic, and NVIDIA will continue to be at the core of AI infrastructure competition, while compute supply, energy, capital investment, and model reliability will remain key constraints on industry expansion. If AI Agents have already begun autonomously selecting services and making payments, then tracking their money flows could become an important way to measure AI commercialization progress. (CrowdFundInsider)

Odaily News: A 28-year-old Russian national identified as a core member of the globally notorious ransomware gang Qilin was arrested in Japan and lawfully extradited to Germany on October 2. Reports state that the man is suspected of illegally breaching a German logistics company's systems in September 2024, encrypting its data, and demanding and extorting approximately $165,000 (about 26 million yen) in Bitcoin. Investigations show that within the Qilin criminal network, he was responsible for building attack systems and received a proportional cut of the ransom payments collected by various affiliate execution teams.

Japanese police took him into custody in late May of this year while he was traveling in Osaka, and he was subsequently handed over to German authorities after the Tokyo High Court ruled that the conditions for extradition were met. Qilin operates on a "ransomware-as-a-service" (RaaS) model and previously claimed responsibility in 2025 for a cyberattack on Japan's Asahi Group. (Nada News)

Odaily News: Nine Japanese institutions, including Sumitomo Mitsui Banking Corporation, Daiwa Securities, SBI Securities, Progmat, and Datachain, have announced the completion of Phase 2 validation of "Project Trinity." The project aims to eliminate settlement desynchronization risks through Delivery versus Payment (DvP).

During the testing, Daiwa Securities and SBI Securities simulated the START market of the Osaka Digital Exchange (ODX), using ST corporate bonds issued by SBI VC Trade and trust-type stablecoins issued by Sumitomo Mitsui Banking Corporation to complete two cross-chain synchronized settlements, thereby validating the feasibility of the T+2 settlement cycle at this stage. (Nada News)

Odaily News: Wall Street IPO activity has slowed to a trickle, with weak investor demand for new listings and market concerns over excessive valuations weighing on a quarter that had been expected to see a wave of offerings. Delays to the listings of Anthropic and OpenAI have also dampened sentiment in the U.S. equity capital markets. The head of equity capital markets at a major U.S. asset management firm said: "Nobody cares about any company other than Anthropic right now." Investment bankers' brisk business this year was largely driven by SpaceX's June IPO. But growing market concerns about a downturn in the AI industry and public opposition to data centers have caused the IPO market to dry up in recent weeks.

The banker added that investors are increasingly questioning the "detached from reality" valuations of companies tied to the AI investment boom. Data from BCA Research shows that shares of tech companies that went public this year have fallen by an average of about 23% since their first day of trading, further fueling concerns that banks underpriced deals too aggressively in order to win underwriting mandates. (Sina Finance)

Odaily News: AI security platform Hadrian has announced the completion of a $40 million funding round, co-led by Forgepoint Capital International and SmartFin, with participation from existing investors including HV Capital, Motive Partners, Picus Capital, and Oetker Ventures.

Following this funding round, Hadrian's cumulative funding has reached $65 million. The funds will be used to expand into European and American markets, grow its engineering and research teams, and further develop its AI-driven cybersecurity platform.

Hadrian states that with the rapid advancement of AI technology, cyberattack methods are evolving — attackers are beginning to use AI agents to automate attack processes, while many enterprise security teams still rely on manual penetration testing. The company cites data showing that 87% of organizations still use manual penetration testing, and more than 70% of security teams struggle to determine whether vulnerabilities are truly exploitable.

Hadrian combines Continuous Exposure Management with AI agent penetration testing to simulate an attacker's perspective for enterprises, helping them discover external attack surfaces, verify real risks, and optimize remediation priorities. (businesswire)

Odaily reports that a whale, through 2 linked wallets, spent $991,000 to buy 0.28% of the Artificial Inu supply between September 3 and 17. Artificial Inu reached an all-time high market cap of $450 million on September 17, then fell 70%. As of now, the whale's position remains unchanged and it has lost $600,000.

At the OKX NOW Summit in Singapore, the OKX Web3 team showcased the latest developments across products including OKX Wallet, DEX trading terminal, and DeFi. According to the team, X Layer, as the underlying network of the OKX Web3 ecosystem, continues to grow, with DeFi TVL expanding roughly 11x this year and hitting an all-time high in September.

Among these, ExchangeOS has encapsulated capabilities such as matching, risk control, margin, and settlement into modular components. In the future, through XIP-Exchange OS, an X Layer improvement proposal, developers will be supported in gradually accessing shared trading infrastructure and liquidity to create onchain markets more quickly. Onchain spot and perpetual markets built on ExchangeOS are about to enter public beta.

Odaily News - Crypto analyst Axel Adler posted that Bitcoin long-term holders (LTHs) have reduced their holdings for the 7th consecutive week, but this has not yet hindered BTC price appreciation, as the market is still absorbing the supply released by long-term holders.

Data shows that the long-term holder position change indicator remained positive from February to early August this year, with long-term holders accumulating approximately 1.2 million BTC in May. The indicator turned negative on August 17 and has been in a state of reduction for 7 consecutive weeks. As of September 28, the long-term holder position change showed a decrease of 73,400 BTC, expanding from a decrease of 1,100 BTC a week earlier.

Axel Adler noted that compared to the approximately 1.07 million BTC reduced by long-term holders in November 2025, the current scale of reduction remains relatively limited. If long-term holders' reductions reach hundreds of thousands of BTC again in the future while BTC price stops rising, it may signal that the market's capacity to absorb supply is declining.

Additionally, the long-term holder SOPR indicator has now been above 1 for the second consecutive week, indicating that long-term holders are taking profits. On September 21, the indicator rose to 1.24, the highest level since January this year; as of September 28, LTH SOPR stood at 1.18, meaning that BTC being moved has realized approximately 18% in realized profit relative to its cost basis. Current data shows that long-term holders are gradually exiting with profits as BTC price rises, while new demand is still able to absorb the supply released by the market.

Odaily: Arc, the L1 network under Circle, has open-sourced a USDC lending example application built on Borrow Kit. The example covers market discovery, loan sizing, depositing cirBTC as collateral, borrowing USDC, health monitoring, repayment, and liquidation. According to the official announcement, developers do not need to write custom smart contracts or maintain direct integrations with lending protocols.