According to Lookonchain monitoring, trader Dicedicedice previously appeared to have bet that the United States would strike Iran before February 28, earning $120,000 for a 400% return. After more than 6 months of inactivity, Dicedicedice has placed bets again.
Odaily reports: CryptoQuant on-chain analyst Darkfost stated that Bitcoin (BTC) is currently clearly dominated by futures trading, with the ratio of Binance spot-to-futures trading volume at approximately 0.12, meaning futures account for roughly 90% of trading volume. Meanwhile, Binance BTC open interest fell from $10.6 billion to $9.2 billion over the past week, but spot demand remains weak, preventing the ratio from improving.
Darkfost noted that the current rally is primarily driven by the futures market, and spot buying remains the missing piece. If spot demand fails to follow through, this rally could become unstable.
Odaily News: Jeeves Inc. has announced the completion of a $110 million Series C funding round, led by CoinFund, with participation from AllianceBernstein, Coinbase Ventures, and Andreessen Horowitz (a16z), among others. The company is a fintech firm and plans to use the funds to launch a stablecoin wallet and AI agents, as well as to provide instant payment services in more countries.
Odaily: Coinbase has announced the expansion of its crypto-collateralized lending service, adding support for HYPE and ZEC as collateral. Eligible users can borrow instantly without selling their assets, with a maximum limit of $100,000. The service is currently available to U.S. users, excluding New York, and is powered by the decentralized lending protocol Morpho, running on the Base network.
Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has expressed concerns about misleading promotion in prediction markets and is currently investigating incentive programs in prediction markets.
Odaily reports that Bonk Guy stated on the X platform that PONS's current market sentiment may be at a long-term low, and compared it with PUMP: PONS's annualized revenue is approximately $156.8 million, with a market cap of about $375 million, corresponding to an annualized revenue multiple of approximately 2.39x; PUMP's annualized revenue is approximately $463.6 million, with a market cap of about $2.7 billion, corresponding to a multiple of approximately 5.82x.
Bonk Guy said that PUMP is the leading Launchpad on Solana, while PONS is the leading Launchpad on Robinhood Chain; if Robinhood Chain continues to maintain market influence in the future, he believes PONS's current valuation is worth watching.
Odaily Report: U.S. Senator Tim Scott stated that after the CLARITY Act was voted down, Democratic lawmakers prioritized political considerations beneficial to themselves over public policy, preferring to score points in political confrontation with former President Trump rather than advance a regulatory framework they believe would benefit the American people.
He pointed out that the bill's blockage means regulatory clarity for crypto and digital assets in the United States continues to be delayed, and described the process as highly politicized.
According to Odaily, Coinbase posted on X that users can now use HYPE and ZEC as collateral to obtain instant loans of up to $100,000 without needing to sell the related assets.
Odaily News: The U.S. 30-year Treasury yield rose to 5.595%, hitting a new high since 2002. (Sina Finance)
Odaily News: Pump.fun has announced the launch of the Rocket Lab trading pair. New tokens can now be paired with Rocket Lab's stock token RKLB, with the related functionality powered by Sunrise. In addition, the Holder Rewards feature can be enabled, allowing token holders to earn RKLB rewards.
Odaily reports that Blockworks has officially launched its flagship market intelligence product, Blockworks Intel, offering a screening, due diligence, and monitoring agent system covering the entire onchain market. The product is built on data infrastructure developed and maintained by Blockworks and integrates resources from the previously acquired Messari. It can screen over 40,000 assets across dimensions such as 30-day revenue, unlock schedules, development activity, market attention, and sentiment, and supports generating screening criteria through natural language and saving them as long-term watchlists.
Individual project pages integrate market data, fundamentals, research reports, unlock schedules, and token disclosure information. Users can also set alerts for security incidents, governance changes, token unlocks, and regulatory developments for individual tokens, sectors, or the entire market.
Odaily News: The Bitwise CEO posted on X platform that Avalanche continues to make progress in real-world applications. Investors can gain exposure to Avalanche through the Bitwise Avalanche ETF BAVA.
Odaily News — European ETF and ETC platform HANetf has launched the Arrow Bitcoin EUR Hedged ETC (EBTC), which HANetf says is the world's first bitcoin ETC to offer euro currency hedging. The product is designed to give euro-denominated investors exposure to bitcoin price movements while reducing the impact of EUR/USD exchange rate fluctuations on investment returns, with the related currency hedging provided by HSBC. (WSJ)
Odaily reports that Cosmos ecosystem liquid staking protocol Stride has announced plans to wind down the Stride chain's operations in an orderly manner. Users can redeem stTokens through Stride before October 12, after which the redemption function will be suspended; once the underlying staked assets are fully unlocked, a redemption pool is expected to go live on Osmosis around November 20.
stTokens will not expire, users do not need to take action before the migration, and stTokens already deployed on other chains do not need to be bridged back to Stride. stTokens such as stATOM and stOSMO, along with their corresponding underlying assets, will be migrated to Osmosis's Transmuter pool and exchanged at a fixed redemption ratio; reward accrual will cease after the migration is complete. Stride stated that Stride Labs and Stride Association have limited financial reserves, and at the current burn rate, funds are expected to be depleted by February 2027.
Odaily reports that Robinhood Crypto has announced that Robinhood Wallet users conducting Swap transactions exceeding $0.50 on Robinhood Chain will have Gas fees waived, with this offer lasting until December 31, 2026.
