Odaily reports that according to MSX.COM data, at the U.S. stock market open, Corning rose 2.8%, with AT&T signing a multi-year fiber supply agreement with Corning valued at over $3 billion. The storage sector rose collectively, with Micron Technology up 2%, SanDisk up 1.8%, Western Digital up 2.2%, and SK Hynix up 1.7%.

Odaily reports: Veteran trader Peter Brandt says Bitcoin has likely bottomed out for this cycle and entered a new bull market. He has raised his cycle top forecast from the previous $250,000 to $300,000 to $300,000 to $600,000 by late 2029, adding that hitting $500,000 is "very likely."

However, Peter Brandt warns that Bitcoin could pull back to $65,000 to $66,000 in early October to flush out momentum chasers. Brandt is also skeptical of XRP's investment value, calling it a "fool coin," and said that XRP having payment use cases and Ripple having banking partners does not necessarily mean its value will rise. (Cointelegraph)

Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones Industrial Average fell 0.09%, the S&P 500 rose 0.08%, the Nasdaq rose 0.26%, and the VIX fear index fell 1.56%. AI-related stocks rose broadly, with Marvell up 2.68%, KLA up 2.53%, Broadcom up 2.52%, Teradyne up 2.33%, and Arm up 2.28%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, 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 data from Gate, the price of gold has risen to $4,158.66 per ounce, with an intraday gain of 1.04%. The price of silver has risen to $60.914 per ounce, with an intraday gain of 0.7%.

In the forex market, the US dollar fell 0.06% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.70815. The US dollar rose 0.01% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 157.372.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.17% intraday, to 6,334.7 points; the UK FTSE 100 Index (UK100) fell 0.49% intraday, to 10,669.1 points; the German DAX 40 Index (GER40) fell 0.03% intraday, to 25,511.4 points.

In commodities, WTI crude oil fell 3.27% intraday, to $93.9 per barrel. Brent crude oil fell 2.15% intraday, to $100.94 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, enabling deep integration between crypto assets and traditional financial assets. Gate TradFi-related features 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.

Odaily News: Bitwise Asset Management announced the launch of the Bitwise NEAR ETF (ticker: NRR) on NYSE Arca, described as the first spot NEAR ETP in the United States, with a management fee of 0.75%. The fund plans to stake the NEAR held by the fund through its in-house staking team, targeting participation in approximately 5% average staking rewards.

Odaily News: Chainlink announced on September 28 the launch of a connectivity framework that allows banks to connect to the SWIFT blockchain ledger through the Chainlink platform while retaining transaction signing keys. The framework coordinates institutional systems' interactions with the ledger via the Chainlink runtime environment, and banks adopting the self-signing model do not need to hand over authorization keys to Chainlink.

The SWIFT ledger supports 24/7 tokenized deposit payments, with final settlement still completed through existing mechanisms such as real-time gross settlement. Seventeen banks from six continents, including ANZ, HSBC, Citi, Standard Chartered, and UBS, are preparing to conduct tokenized deposit pilots on the SWIFT ledger.

Odaily reports that according to OKX market data, PUMP has broken through 0.0058 USDT, currently trading at 0.005805 USDT, with a 24H gain of 9.57%.

Odaily News: SharpLink stated on X that it earned 406 ETH in staking rewards this week, with cumulative staking rewards now reaching 28,351 ETH. The company stated that ETH, as productive capital, is fulfilling its intended purpose.

Odaily News: Multi-strategy hedge fund ExodusPoint Capital Management is partnering with Anthropic to further integrate the AI model Claude into its hedge fund operations. ExodusPoint will integrate Claude into its internal AI platform Atlas to enhance investment research, portfolio management, and operational efficiency. Currently, more than 80% of the firm's employees use Atlas on a weekly basis. (Bloomberg)

Odaily reports that according to Lookonchain monitoring, a whale withdrew 7,500 ETH worth $20.5 million from Binance in the past 30 minutes.

Odaily reports that DeFi researcher Ignas posted on X platform stating that he originally worried tokenomics innovation had stagnated, but that is not the case. After going through a cycle of low-float, high-FDV token launches, the crypto industry is once again experimenting with new token mechanisms,

Ignas cited examples: ZCAT provides ZEC rewards to holders through a 3% transfer tax; BUN/Mosh uses a "Bundle Launch" to let funding supporters share trading fees but prevents them from withdrawing LP; STONK uses fee revenue for market-cap-weighted buybacks and burns of the top 15 compliant tokens; VVV/DIEM allows users to stake VVV to mint DIEM, then stake DIEM to obtain daily AI credits; ORBIO converts trading fees into AI credits for stakers; and BP requires staking for at least 1 year to qualify for future IPO equity conversion, with token supply unlocks determined by project growth milestones.

Ignas believes the common thread among these projects is the attempt to make tokens no longer just fundraising tools, but assets with real value. However, he pointed out that many of these mechanisms still rely on speculators continuing to trade, and "speculation" still dominates the crypto market.

Odaily News: Trading firm Raven has announced the completion of a strategic funding round at a $90 million pre-money valuation, with Coinbase Ventures and CMCC Global participating. Founded in 2023, Raven initially provided liquidity for crypto trading and expanded into prediction markets in the second quarter of 2025.

Odaily Report: Hyperliquid has now listed BVIV, a Bitcoin implied volatility index contract deployed by Markets.xyz, supporting up to 5x leverage.

Odaily News: A trader is currently long on 1.67 billion PUMP tokens with 10x cross leverage, with a notional value of approximately $9.61 million, an entry price of $0.005579, a current profit of approximately $288,000, and an ROE of approximately 30.9%. The account equity is approximately $970,000, of which $961,000 is margin for this single position, and the liquidation price is approximately $0.00208762.

Odaily reports: a16z crypto has published a post stating that one of the core values of blockchain is "creating entirely new markets." Through permissionless issuance and global distribution, it breaks through the long-standing constraints of traditional financial markets—such as listing committees, legal frameworks, and geographic fragmentation—enabling market supply to better match global potential demand.

According to a16z crypto, from perpetual contracts, spot DEXs, and prediction markets to lending, meme coins, NFTs, and real-world asset tokenization, nearly all representative markets in the crypto industry have benefited from this mechanism. Among them, perpetual contracts are the most direct embodiment of this trend. In July of this year, onchain RWA perpetual contract trading volume reached an annualized scale of $1.4 trillion, accounting for approximately half of Hyperliquid's trading volume. As mechanisms such as HIP-3 and HIP-4 lower the barriers to market issuance, a16z crypto expects that onchain markets will continue to expand into commodities, foreign exchange, indices, 24/7 equity exposure, as well as previously underserved risk assets such as CPI, computing power, music, social trends, and sports.

Odaily News: AI chip leasing company Nscale, which plans to go public, is relatively small and newly established. Although it has grown rapidly over the past year and has signed contract revenue comparable to that of veteran competitor CoreWeave, nearly all of its approximately $103 billion in contract commitments depend on data centers that have not yet been built, and some projects have not even raised all the construction funds they need. Nscale's previously submitted IPO filing shows that the company is seeking to pursue an IPO at a valuation of approximately $35 billion. (The Information)