Odaily reports that Bitget announced on X that the first batch of rewards from the Bitget Alliance Program has been distributed, with $1.9 million USDT given out to over 763,000 users within 3 days.
Odaily reports, according to Lookonchain monitoring, Maven 11 (0x122...301F) sold 115,000 HYPE at an average price of $93.84 a week ago, worth $10.79 million. As HYPE declined, Maven 11 bought back 40,000 HYPE today at $89, worth $3.56 million.
Odaily News: After cryptocurrency industry organizations filed a lawsuit, Illinois state government officials agreed to postpone the implementation date of the 0.2% digital asset tax from January 1, 2027 to July 1, leaving time to address related legal disputes. The delay arrangement still requires court approval.
The Digital Chamber previously filed a lawsuit over the tax in July, arguing that the relevant provisions were included in the state budget without sufficient discussion and public feedback. The organization stated that the delay does not mean the tax has been abolished, and it will continue to pursue the overturning of the tax through litigation.
Additionally, the Illinois Department of Revenue had previously published a draft of the digital asset tax implementation rules and opened public comment until October 30. (Cointelegraph)
Odaily News: NEAR Intents has stated that it has identified the attacker responsible for the loss of user funds and has demanded the return of $3.8 million within 48 hours through a "responsible disclosure" mechanism, after which the window will be closed.
NEAR Intents suspended services on Thursday after discovering a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and its smart contracts. A preliminary investigation showed that the attack resulted in the theft of $3.8 million in user funds, and the platform has committed to fully compensating affected users.
On-chain investigator ZachXBT disclosed that the related funds were transferred to the KuCoin exchange and subsequently bridged to Bitcoin. (Cointelegraph)
Odaily News: A new proposal has been submitted on the NEAR governance forum by Sal Ternullo, CEO of Svrn AI, recommending that the NEAR token issuance rate be reduced from 2.5% to 1.6% over 24 months, with a long-term push toward a fixed total supply. The proposal is currently open for discussion among validators, House of Stake representatives, and the broader NEAR community.
The NEAR team stated that the NEAR Intents incident did not involve any vulnerability in NEAR Protocol or the native NEAR token. The network continued producing blocks and processing transactions without downtime during the period.
According to Lookonchain monitoring, a whale bought 654,300 UNI at an average price of $7.17 through Flowdesk in the past month, worth $4.69 million, and currently has an unrealized profit of $1.15 million.
Odaily News: Coinbase-issued tokenized stocks on the Base network reached $1.5 billion in DEX trading volume over the past 30 days, representing a 313% increase compared to the previous 30-day period. Of this, approximately $1.4 billion in trading volume occurred on Aerodrome, while Uniswap V4 saw approximately $83.8 million in trading volume.
Odaily reports that Sui posted on X that transferring 1 or 1 million USDsui on the Sui network costs 0, and stablecoin transfers are free at the protocol level.
Odaily News: According to Trump Meme monitoring, the meme coin TRUMP will hold its third gala dinner on November 22 at Trump National in Washington, D.C., with U.S. President Trump and three other guests in attendance.
According to the event arrangements, TRUMP holders will be ranked based on a time-weighted leaderboard calculated from September 30, with the top 185 holders eligible to attend the dinner; among them, the top 29 will also receive VIP reception privileges.
Odaily reports that according to SoSoValue data, yesterday (US Eastern Time, October 1), spot SOL ETFs recorded a total daily net outflow of $5.9079 million.
Among them, Grayscale Solana Trust (GSOL) recorded a daily net inflow of $5.3804 million, with cumulative historical net inflows currently reaching $170 million.
Bitwise Solana Staking ETF (BSOL) recorded a daily net outflow of $6.5117 million, with cumulative historical net inflows currently reaching $1.218 billion.
As of press time, the total net asset value of spot SOL ETFs stands at $1.906 billion, the SOL net asset ratio is 2.74%, and cumulative historical net inflows have reached $1.606 billion.
Odaily News: According to SoSoValue data, yesterday (US Eastern Time, October 1), XRP spot ETFs recorded a total daily net inflow of $4.0655 million.
Among them, Franklin XRP ETF (XRPZ) saw a single-day net inflow of $4.0650 million, with a cumulative historical net inflow of $505 million.
Canary XRP ETF (XRPC) saw a single-day net outflow of $3.1776 million, with a cumulative historical net inflow of $490 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.695 billion, with an XRP net asset ratio of 1.79%, and cumulative historical net inflows have reached $1.794 billion.
Odaily News: According to SoSoValue data, yesterday (U.S. Eastern Time, October 1), ZEC spot ETFs recorded a single-day total net outflow of $28.259 million.
Yesterday, the Zcash ETF (ZCSH) saw a net outflow, with a single-day net outflow of $28.259 million, while its historical cumulative net inflow currently stands at $239 million.
As of press time, the total net asset value of ZEC spot ETFs is $818 million, with a ZEC net asset ratio of 3.61%, and cumulative historical net inflows have reached $239 million.
Odaily News: Crypto trader Ansem posted on X platform stating that he recently swapped part of his Solana (SOL) holdings into PUMP, betting that PUMP will subsequently surge above $0.01. He noted that PUMP breaking its all-time high would open up higher valuation space for newly issued tokens. Since this summer's lows, PUMP has risen approximately 5x and is still undervalued, with its long-term accumulation phase and buyback mechanism still ongoing, while its cross-chain mobile app is gaining more attention.
Additionally, Ansem stated that BTC, ETH, and SOL have all recently held their range highs, with relatively healthy price action. Although no large-scale liquidation event has occurred yet, most market participants remain in wrong positions, and further upside is expected. Altcoins have entered different cyclical stages, with ZEC, HYPE, and PUMP being the three major trend assets he is currently most focused on. Among them, ZEC has performed exceptionally well over the past year, rising from approximately $40 in September 2025 to a range of $400 to $1,600 in Q3 2026, with market cap growing from about $500 million to $20 billion. It has now entered a high-volatility phase similar to the 2017 BTC cycle, potentially experiencing more dramatic rallies and pullbacks.
Regarding the Q4 crypto market outlook, Ansem's overall judgment leans bullish. He believes October may see a pullback and open interest (OI) flush, but the market is still in an early bull phase. Chasing rallies with high leverage carries high risk, while high-conviction spot positions are relatively more advantageous.
1. US SEC proposes clarifying crypto asset custody rules for investment advisers and funds;
2. Foreign media: Anthropic seeks IPO as early as mid-November, and plans to meet with potential investors on October 14;
3. Citi raises its 12-month Bitcoin price target to $113,000;
4. VanEck ETF wallet sells BTC and ETH worth approximately $10.76 million through Gemini;
5. Ethereum Foundation launches zkAPI to support anonymous payments for AI API fees;
6. Cathie Wood: ARK Invest's ETF strategy has incorporated Kalshi;
7. A cumulative $4.29 billion worth of HYPE has been burned, with Hyperliquid burning another $1.8 million in the past 24 hours.
Odaily News: Citigroup has raised its 12-month price target for Bitcoin from $82,000 to $113,000, and its price target for Ethereum from $2,240 to $3,028.
Citigroup expects that crypto asset ETF inflows could reach $5 billion over the next year, and believes that factors such as a recovery in ETF demand and a weakening U.S. dollar could provide support for the crypto market. In May and June of this year, U.S. spot Bitcoin ETFs saw combined net outflows of nearly $7 billion, but fund flows began to reverse starting in July, with net inflows exceeding $2 billion in September. (Fortune)
