Odaily News: According to MSX.COM data, U.S. stocks closed with the Dow up 0.49%, the S&P 500 up 0.58%, and the Nasdaq up 0.45%, while the VIX fear index fell 3.29%. AI-related stocks rose broadly, with Astera Labs up 7.58%, Marvell up 5.81%, CoreWeave up 4.95%, Arista Networks up 4.09%, and Dell up 3.93%.

It is reported that MSX is a leading RWA trading platform and has listed hundreds of RWA tokens cumulatively, covering popular U.S. stocks and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest Gate data, the price of gold fell to $4,156.16 per ounce, with an intraday decline of 0.28%. The price of silver fell to $61.227 per ounce, with an intraday decline of 0.07%.

In the forex market, the U.S. dollar rose 0.03% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.70338. The U.S. dollar rose 0.22% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 158.415.

In global stock indices, the Euro Stoxx 50 index (EUSTX50) fell 0.32% intraday to 6,241.6 points; the UK FTSE 100 index (UK100) fell 0.03% intraday to 10,537.2 points; and the German DAX 40 index (GER40) fell 0.03% intraday to 25,356.8 points.

In commodities, WTI crude oil rose 0.32% intraday to $92.26 per barrel. Brent crude oil rose 0.28% intraday to $104.99 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related functions have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.

According to Lookonchain monitoring, Pump.fun sold another 102,500 SOL 8 hours ago, worth $12.41 million. It has cumulatively sold 5,347,900 SOL, worth $861 million, at an average price of $161.

Odaily News: Following reports that Peter Thiel's Founders Fund led a $5 million purchase of Anvil governance tokens, ANVL surged over 83% in 24 hours, now trading at $0.001242, with a market cap rising to $109 million. FDV is currently reported at $124 million, with 24-hour trading volume of $415,000. Anvil is built on Ethereum and aims to use digital assets as collateral for financial commitments such as payments and credit. Its research and development company, Anvil Research Labs, has simultaneously launched an SDK to help enterprises and financial institutions integrate the protocol without writing blockchain code. Consensus, Bitcoin.com, and payment company Flexa have been listed as partners.

Currently, ANVL has a total supply of 100 billion tokens, with a circulating supply of approximately 80 billion. Anvil network TVL is approximately $14 million. Unlike traditional DeFi lending protocols, Anvil primarily provides guarantees for financial commitments through on-chain collateralized assets, rather than having users borrow and pay interest.

Odaily News: According to on-chain analyst Ember Monitoring, 6 hours ago, a U.S. government address transferred out 833.6 BTC and 40,300 BNB, worth $103 million. Among them, 833.6 BTC has entered Coinbase Prime; 40,300 BNB, after multiple transfers, is currently located at address 0xBE7...81E. The U.S. government address currently still holds assets worth $28 billion, primarily consisting of 324,000 BTC, valued at $27.7 billion.

Odaily News: ether.fi has announced a partnership with MoonPay to migrate its core payment infrastructure to MoonPay's integration stack, enabling deposits, on-chain transfers, and withdrawals under a self-custody model. The two parties will launch four products: Headless Ramps for UI-free on-ramp and off-ramp, Trade for cross-chain swaps and routing, Enterprise for corporate-grade virtual accounts supporting ACH, SWIFT, and SEPA, and crypto top-ups. Following the integration, users will only need to complete identity verification once.

ether.fi disclosed that its card processed $123.7 million in spending in September across 1.5 million transactions, representing a more than 5x year-over-year increase; cumulative spending from April 2025 to date has reached $918.1 million, with platform assets under management exceeding $6 billion.

Odaily reports that Navra has announced the completion of an oversubscribed $19 million Series A funding round, led by Ribbit Capital, with participation from Baseline, DCM, and others. Jump Crypto and Figure Technology Solutions are strategic investors. Navra primarily provides access to multiple blockchain venues through a single interface, with direct connections to DeFi yield protocols and cash ramps. It offers keyless self-custody services that meet qualified custody requirements, with built-in AI agents; the institutional version also supports enterprise team management and full audit trails.

Odaily News: The Dubai Virtual Assets Regulatory Authority (VARA) issued a reserve asset audit circular on October 6, clarifying the minimum requirements for independent audits of VASPs. VASPs must maintain reserves of no less than 100% of customer liabilities throughout the entire review period, held 1:1 in the same virtual assets, with daily reconciliation. The audit scope must cover hot wallets, warm wallets, cold wallets, third-party wallet infrastructure, and third-party custodied assets, and must verify customer asset segregation, wallet control, and whether any re-staking, lending, or other use exists.

Odaily News: Prediction market platform Kalshi has won a partial preliminary injunction against the state of Illinois. On October 2, Judge Martha M. Pacold of the U.S. District Court for the Northern District of Illinois ruled that the state's sports betting licensing regime and related criminal provisions may be preempted by federal law and cannot currently be enforced against Kalshi.

The ruling temporarily blocks Illinois from requiring Kalshi to hold a state license, which was originally intended to restrict traders to those aged 21 or older and physically located within the state, as well as to limit the sporting events that contracts could track. The court also declined to rule on Illinois's newly established prediction market fees.

Pacold stated that contracts on championship winners may constitute swaps under the Commodity Exchange Act and should be traded on designated contract markets and subject to federal regulation. This determination differs from the Ninth Circuit Court of Appeals' August conclusion that such contracts constitute gambling rather than swaps.

This is Kalshi's first victory in federal court since July. Illinois's new budget law imposes a 1.75% fee on the first 5 million relevant transactions on exchanges, then 3.5% thereafter, plus a 15% gross revenue fee and a per-transaction fee of 25 or 50 cents; the court has asked the parties to submit supplemental briefs on the fee issue. (Bitcoin.com News)

Odaily News: Bitcoin News posted on X platform that the SEC has approved Cboe BZX to list the 3x Bitcoin ETF launched by Volatility Shares. The product aims to track 3 times the daily fluctuation of the Bitcoin futures benchmark. When Bitcoin futures rise 1%, the fund targets a 3% gain before fees; when they fall 1%, it targets a 3% loss. The ETF still needs to wait for its registration statement to become effective before trading, and the fund holds Bitcoin futures rather than spot Bitcoin.

Odaily News: Two Hyperliquid wallets linked to Abraxas Capital Management collectively hold approximately $1.58 billion in net short exposure, with Bitcoin and Ethereum-related positions valued at approximately $948 million. As of 2:55 PM EST on October 6, both wallets maintained these positions.

The positions in both wallets include approximately 189,400 ETH and 5,120 BTC, with unrealized losses of approximately $115 million. On-chain data shows that both addresses hold substantial assets and have records of millions of dollars in deposits, and their spot holdings may hedge part of the short exposure.

London-based investment firm Abraxas Capital Management has been identified by Nansen and Arkham Intelligence as the entity behind the related addresses, with Arkham labeling them as affiliated with Heka Funds. In addition to BTC and ETH, both wallets also hold short positions in assets including SOL, HYPE, ENA, XRP, SUI, and PUMP. (Bitcoin.com News)

Odaily News: Abstract has announced that the network will gradually wind down, with the chain set to cease operations on December 15, 2026, after which any funds not migrated will become inaccessible. Users can migrate their assets through the official migration center or the native cross-chain bridge, with the native bridge expected to have a delay of approximately 3 hours. Abstract stated that a chain focused on consumer-grade crypto is difficult to sustain as a standalone model, citing factors such as a limited DeFi ecosystem and weak on-chain liquidity that have led to stagnant network growth. Abstract, launched by the Pudgy Penguins team, is an Ethereum Layer 2 network that had previously attracted over 400,000 users and deployed more than 144 applications. Abstract is reminding users to beware of fraudulent migration websites.

Odaily News: The UK government has appointed Barclays, HSBC, Lloyds, Morgan Stanley, NatWest, and RBC Capital Markets as joint lead managers for its first digital-native government bond, the Digital Gilt Instrument (DIGIT), which is expected to be issued in the first quarter of 2027. The six banks will provide underwriting, investor communication, and distribution services.

DIGIT will be issued through a platform within the UK Digital Securities Sandbox and will test the application of distributed ledger technology in the issuance and full lifecycle of government bonds, including on-chain settlement. Lucy Rigby, Economic Secretary to the UK Treasury, stated that the project aims to explore the application of distributed ledger technology in the sovereign debt market and to advance the development of the UK's digital financial infrastructure.

HSBC was appointed in February as the distributed ledger technology provider for the pilot, and in July reached an agreement with London Stock Exchange Group to develop a connectivity solution for a digital securities depository. (Cointelegraph)

Odaily reports that trade.xyz announced on X that LRCX is now live, supporting 10x leverage and offering 24/7 trading year-round.

Odaily reports that trade.xyz posted on X stating that UMC is now live, supporting 10x leverage and operating 24 hours a day, 365 days a year.

Odaily News: Umia announced it has raised $6.11 million through a 7-day UMIA token auction, selling 34.6% of the total UMIA supply at a fully diluted valuation of $18 million. Approximately 45% of the subscription funds came from institutional investors, with 10 funds and nearly 700 individual bidders participating, including Galaxy Ventures, DCG, and Draper Associates. Umia provides legal frameworks, on-chain auctions, and governance tools for crypto projects, and its first external project, Slop.cash, is expected to launch in Q4 2026.