Odaily reports that Darkfost posted on X platform stating that Bitcoin is approaching the average cost basis of two holding groups: investors holding for 18 months to 2 years have a cost basis of approximately $88,350, while investors holding for 6 to 12 months have a cost basis of approximately $89,200.

Darkfost noted that cost basis represents the average holding cost of a group, not a natural support or resistance level; as the price approaches this range, the behavior of relevant investors may change, and this area can be viewed as a potential risk zone. The group of investors holding for 6 to 12 months has been at an overall loss for nearly a year, with some investors potentially having bought at market highs; some may sell after breaking even, while others may continue buying to lower their holding costs.

Odaily reports: On December 13, 2025, a young couple in Smith Wood, Birmingham, UK, experienced what is suspected to be a premeditated home invasion at their residence. As the couple returned home and opened the door, three men got out of a nearby vehicle and forced their way into the property, demanding the transfer of a large amount of cryptocurrency; a fourth individual provided instructions to the attackers via video call.

Police stated that the husband was beaten and suffered serious injuries, while his pregnant wife was threatened at knifepoint. After obtaining cryptocurrency and several high-value watches, the attackers fled in what is believed to be a black BMW X3. Crimestoppers is offering a reward of up to £10,000 for information, applicable to information that ultimately leads to the arrest and conviction of those involved.

Odaily News: Bloomberg ETF analyst Eric Balchunas stated that based on market valuations disclosed by mutual funds holding Anthropic, Anthropic's valuation has grown 22x since June 2024, roughly 10 times the increase of the Nasdaq 100 Index and Nvidia. Fidelity has the largest exposure to Anthropic, followed by CapGrp and BLK; due to the relatively low weighting of these holdings, mutual funds have only benefited marginally from Anthropic's valuation growth.

Odaily: According to a post by Bitcoin News on X, during a Dutch parliamentary debate, the State Secretary grouped cryptocurrency alongside cognac, gold, silver, and Pokémon cards, and explained why cryptocurrency was not included in the proposed tax amendment. The discussion then shifted to the potential tax discrepancies this arrangement could create: cryptocurrency ETFs may be subject to different tax rules than directly holding cryptocurrency.

According to gmgn market data, the market cap of GM on BSC has surpassed $10 million.

The GM meme originated from a meme selfie posted by CZ; the token interprets GM as "Green Morning," an expression that corresponds to the color green representing gains in both U.S. stock and crypto contexts, and has also been likened to an English version of "the bull is here."

According to Odaily, Circle has disclosed that it has submitted a response to the European Commission's targeted consultation on MiCA. Circle stated that MiCA has currently authorized approximately 30 e-money tokens, but among the top 25 stablecoins by global market capitalization, only USDC, USDG, and EURC are regulated under MiCA. Circle recommends preserving the multi-issuance structure, whereby MiCA-authorized EU entities and foreign regulatory entities jointly issue globally circulating stablecoins, and establishing an equivalence and recognition regime for foreign-regulated stablecoins similar to EMIR, CSDR, and MiFIR, with the regulator in the jurisdiction where the issuing institution is located taking primary responsibility for supervision, while the EU level conducts equivalence determinations and EBA entity recognition.

Odaily News: Stani Kulechov posted that he is disappointed with the European Central Bank and the European Banking Authority's response to the MiCA consultation. The related proposal advocates banning stablecoin payment yields, and suggests restricting crypto asset service providers from offering users access to DeFi, limiting the groups of users who can access DeFi through "suitability tests," and also considering implementing a certification system for DeFi lending protocols, but without clearly specifying an actual enforcement framework. Stani believes that having regulators decide which protocols are suitable for European users could create more closed ecosystems and weaken the liquidity and network effects of open financial networks; excessive restrictions may also increase resistance to innovation. He stated that stablecoins, DeFi, and tokenized securities are expected to reduce friction in financial services, improve transparency, and expand users' access to financial services, and called on European regulators to place users and their interests at the core of the regulatory framework, saying "DeFi will ultimately win."

1. Hyperliquid will receive its first AQAv2 reserve revenue distribution tomorrow, approximately $14.5 million for HYPE buybacks

2. Trump's support among young voters dropped from 43% to 19%, questioned over using crypto for profit

3. BTC and ETH options expiring this week have a combined notional value of $2.95 billion

4. Bitcoin futures buying pressure rises to highest since August 19, open interest increases by nearly 9,000 BTC in 24 hours

5. South Korea plans to implement security tokenization rules by 2027, setting capital thresholds for issuers and retail trading limits

6. Arthur Hayes: Money printing could drive cryptocurrency prices higher

7. Spanish police arrest 16-year-old suspected of operating crypto ransomware KillSec

8. Price target raised to $240, Citi increases Strategy price target

9. Deribit officially merges with Coinbase International

Odaily reports that in the "League of Legends WSCI 2026 Finals T1A vs. SLY" prediction event, an account

(0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) with a loss of $1.18 million purchased $252,000 worth of T1A to defeat SLY, with an average entry price of 64.2¢ and a purchase of 409,416.9 shares.

The match began on October 2 at 17:00, with a BO5 format, and the two sides are currently tied 1:1.

Odaily reports that Bitcoin Treasuries posted on X that Citi has raised its target price for Bitcoin treasury company Strategy from $136 to $240, citing an upward revision to its Bitcoin price forecast. The target price implies 50% upside from the current price.

Odaily reports that THORChain has announced that the ZEC liquidity pool is now live. The network completed a node churn, and all nodes have begun monitoring the Zcash chain. THORChain stated that trading functionality will be the next step; current liquidity is relatively shallow, and early traders should be aware of risks such as slippage. Previously, THORChain added native Zcash support in a protocol upgrade, including UTXO handling, RPC logic, and a ZEC price oracle, and continues to advance mainnet integration.

Odaily reports that Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.

Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.

Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.

Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)

Odaily News: QCP noted that Bitcoin broke out of its range to reach $86,913, the highest since September 23, up 14.6% from its September 15 low. Over the same period, the 30-year U.S. Treasury yield hit 5.62%, while the 10-year yield rose as high as 5.29%; real rates rose 44 basis points in September, while breakeven inflation barely moved. Gold fell 8.5%, while Bitcoin rose 12%. QCP believes this rally was driven by concentrated capital flows, with spot ETFs seeing inflows of $3.5 billion and $2.6 billion in August and September, respectively.

Odaily reports: Deribit posted on X that the migration of Deribit and Coinbase International has been completed, with both customers and liquidity now consolidated onto Deribit. Users can trade spot, options, perpetual contracts, and futures across crypto, equities, and pre-IPO markets on the same platform.

Odaily News: Crypto custody company Copper has launched institutional trading services for Hyperliquid perpetual contracts, allowing clients to trade through API and platform interface while keeping assets secured in its non-custodial MPC infrastructure.

Odaily reports that Adam, a researcher at Greeks.live, posted on X that on October 2, 30,500 BTC options expired, with a Put Call Ratio of 1.07, a max pain point of $82,000, and a notional value of $2.63 billion; 116,000 ETH options expired, with a Put Call Ratio of 1.17, a max pain point of $2,660, and a notional value of $320 million. On the first weekly expiry day after the quarterly delivery, the BTC price rebounded significantly on the delivery day, block trades in call options were active, and BTC has been fluctuating around $85,000 for more than a week.

Adam said that this week, implied volatility across major tenors declined compared with last week and rebounded compared with two weeks ago, and is currently at a low since the start of this bull market; the trend in monthly realized volatility was similar, and the volatility risk premium across major tenors all declined. The peak Gex is at and above $90,000, and Gex in the downside direction has become dispersed again. After cryptocurrency experienced a 10-month bear market, this cycle has already seen a small bull market lasting more than a month, and it is currently in a sideways correction phase, with market sentiment having improved somewhat.