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TD Cowen Managing Director Lance Vitanza stated at the Bitcoin Treasuries conference in New York that institutional investors are no longer debating whether to hold Bitcoin, but rather discussing how to hold it. He predicts that the price of Bitcoin will reach $132,000 by 2027.Vitanza pointed out that Bitcoin is evolving from a single asset into a capital market ecosystem that encompasses common stocks, preferred stocks, bonds, and income-generating products. He analyzed the assessment methods for digital credit and which Bitcoin treasury companies can survive in a market downturn, mentioning Strive, Metaplanet, and Nakamoto, emphasizing the importance of having actual operating businesses.He also discussed the potential impact of MSCI index exclusions on Bitcoin treasury companies, as well as blockchain monitoring, front-running behavior, and trust issues regarding Bitcoin prices. He believes that well-operated Bitcoin treasury companies may perform better than Bitcoin itself.

Anthony Bassili, President of Coinbase Asset Management, stated that his team has a price target for Bitcoin to exceed $300,000 by 2030. He also pointed out that as the market capitalization of Bitcoin continues to expand, its cyclical return rates will keep narrowing, and achieving parity with gold is a longer-term process.In the interview, Bassili also discussed how pension funds, endowment funds, and sovereign funds allocate Bitcoin, as well as the common allocation ratio of 1% to 5% of Bitcoin adopted by wealth advisors. He introduced the user base and operational logic of the Coinbase Bitcoin Yield Fund and discussed the time required for tokenized products, such as tokenized funds and iCapital linked funds, to reach advisory channels.Additionally, he analyzed the correlation between Bitcoin and gold in the era of fiscal dominance and mentioned the value storage index that incorporates Bitcoin and gold into the same vehicle.

Bitcoin recorded its best performance in the third quarter since 2017, with an increase of 43%. Influenced by the surge in U.S. Treasury yields and weak employment data in September, the Federal Reserve's interest rate hike expectations for October have significantly cooled.

Michael Saylor, the founder and executive chairman of the Bitcoin treasury company Strategy (formerly MicroStrategy), stated that driven by the rise in Bitcoin prices, the company recorded a book profit of $21 billion in digital assets for the third quarter, returning to profitability. As of October 4, the company holds 848,000 Bitcoins, valued at approximately $72.6 billion at current prices, along with $5.7 billion in dollar assets.Last week, the company spent $28.7 million to acquire an additional 334 Bitcoins and repurchased $176 million of STRC preferred stock. Bitcoin prices rose over 40% in the third quarter, marking the best quarterly performance in years, with recent quotes around $85,655, and a 30-day increase of over 8%. Following the announcement, Strategy's stock (MSTR) rose nearly 2% during New York trading hours.Previously, Strategy announced a plan that may periodically sell Bitcoin to raise up to $1.25 billion for dollar reserves, paying preferred stock dividends and interest expenses, or repurchases, after which its pace of Bitcoin purchases slowed. The company was forced to sell Bitcoin earlier this year, and CEO Phong Le told investors that the company has a "bulletproof balance sheet." In the quarterly financial report in July, Strategy recorded a loss of $8.22 billion.

According to The Defiant, the Bitcoin wallet Xverse has completed a round of strategic financing, led by Draper Associates under Tim Draper, with participation from Trust Machines and Draper Dragon.The specific terms of this financing round have not been disclosed, and Xverse has not announced its financing amount or valuation.

Glassnode posted on platform X that the trend of BTC whales net depositing Bitcoin into exchanges has stopped.This trend lasted for over three months since the summer, which is twice as long as other similar trends since 2023, and ended in late August, after which the capital flow has remained negative.

According to the official announcement, Bitget Stock+ has launched the "Multi-Leg Combination Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further meeting users' professional trading needs in risk hedging, volatility trading, and directional speculation.At the same time, this feature supports the Portfolio Margin mechanism. When the options position opens and forms a risk hedge with the user's existing positions, the system will automatically reduce or offset the corresponding margin requirements, helping to enhance the efficiency of users' capital utilization.In addition, the combination strategy allows users to flexibly split the opening and closing of positions (Leg in/Leg out). Currently, this feature is available for use during regular trading hours from 9:30 AM to 4:00 PM Eastern Time. For more product details, please refer to the Bitget official platform.

According to PR Newswire, Bitmine Immersion Technologies (NYSE: BMNR) announced that as of October 4, 2026, the company holds 6,016,414 ETH (valued at $2,726 each, approximately $16.4 billion), accounting for 4.9% of the total supply of Ethereum (122.1 million), just 1% away from the "5% Alchemy" target.The company's total crypto assets + cash and tradable securities + "Moonshots" investments amount to $17.4 billion, which includes:ETH: 6,016,414BTC: 214Cash and tradable securities: $643 millionBeast Industries equity: $180 millionEightco Holdings (NASDAQ: ORBS) equity: $117 millionCurrently, 5,067,309 ETH (approximately $13.8 billion) has been staked, operated through the self-developed institutional-grade staking platform MAVAN, with a 7-day annualized yield of 2.63%, and an expected annualized staking yield of approximately $363 million, which could reach $431 million when fully staked.

"On-Chain Detective" ZachXBT stated that he once disguised himself as a client to infiltrate a criminal gang suspected of laundering money for the North Korean-backed hacker organization Lazarus Group, and assisted in freezing funds related to the 2025 Bybit attack incident.ZachXBT indicated that after Bybit was attacked for $1.5 billion in February 2025, he discovered over 15 accounts seeking help with transactions related to the stolen funds in public Telegram and Discord groups. He then contacted a Telegram user using the alias "Jimmy Green" and built trust through multiple transactions.According to his disclosure, on March 6, 2025, he transferred $3.497 million USDC to an Ethereum address for exchanging USDC with TRON chain USDT. The Gas funds for that address trace back to the Bybit attack funds and have been publicly marked as a Bybit attack blacklist address.ZachXBT stated that in subsequent communications, the other party revealed that their team had participated in handling the stolen funds from Bybit and disclosed in advance that the funds would be transferred on chains such as Solana. By matching transaction times, amounts, and on-chain data, he discovered a wallet cluster involving over $12 million of Bybit attack funds, with funding paths including BTC→ETH→SOL→TRON and others, among which approximately 442,000 USDT had been frozen by Tether. The gang also attempted to launder money through Uniswap liquidity pools and low liquidity tokens.In addition, the other party revealed that they had helped other clients handle approximately $3 million in scam proceeds, and ZachXBT tracked the related funds flowing to sanctioned Huione Guarantee-related wallets.ZachXBT disclosed that during this investigation, he initially invested $3.497 million and bore about 5% loss risk for each transaction. The intelligence obtained was promptly provided to relevant investigative agencies and law enforcement. Since 2022, he has assisted in freezing over $75 million related to North Korea-related incidents.

Bitget PoolX has launched a new ETH locking event, where users can lock ETH to share a 200,000 USDT airdrop.As of the time of publication, the yield rate for the ETH locking pool is reported at 16.81% APR. The locking channel is open from October 5 to October 9.

According to official data from Bitget, the second batch of rewards for its "Peer Program" has been completed. So far, the platform has distributed a total of 2,786,953 USDT rewards to 1,529,978 users.This event will last until October 26, and users can participate without registration. During this period, Bitget will continue to set up a user-exclusive prize pool with 30% of the platform's trading fee revenue, offering trading rewards, asset rewards, and VIP exclusive rights to different user groups.

Bitcoin Treasuries posted on platform X that the Japanese listed company Remixpoint (3825.T) increased its holdings by 7.45 bitcoins, currently holding 1508.72 bitcoins, ranking 37th among the top 100 companies by BTC holdings.

CryptoQuant analyst Axel Adler Jr. stated that as of October 4, the number of Bitcoin short-term holders increased by 87,000 to 3.94 million over the past 30 days, remaining above the previous month's level for seven consecutive weeks. This metric has been positive since August 18, indicating that the supply of Bitcoin that has been transferred in the last six months is increasing.Currently, the average cost for Bitcoin short-term holders is approximately $74,100, with an overall unrealized profit of about 15%, roughly flat compared to a week ago but lower than the peak of 19% on September 22. Meanwhile, the average cost has risen by about $1,000 compared to a week ago, indicating that as Bitcoin prices rise, the entry costs for short-term holders are also increasing. $74,100 is a key level to watch. If Bitcoin falls below this level, short-term holders will overall turn to unrealized losses; if the 30-day holding change also turns negative, it would mean that the position size of this group is beginning to shrink, potentially further weakening the market structure.

Bitcoin analyst Willy Woo stated on platform X that approximately 5% of the global population holds Bitcoin, while about 8% of countries have established policies for purchasing or holding Bitcoin.In a follow-up response, he added that around 12% of countries actually hold Bitcoin and distinguished between actual holdings and the proactive establishment of policies for purchasing and holding.

According to Catcher Predict monitoring, in the market prediction event "Bitcoin Price Prediction for October 5" on Polymarket, the "Yes" option for the sub-market "86,000" experienced a sharp fluctuation in winning probability, plummeting from 59.5% an hour ago to the current 33.5% (a fluctuation of 26%). Please note the impact of related breaking news.

According to a report by CoinGecko, Ethereum's native token ETH outperformed Bitcoin in the third quarter, with a price increase of 70%, surpassing Bitcoin's 42% increase. However, during the same period, ETH's liquidity significantly narrowed compared to Bitcoin.From July 6 to September 30, the average daily market median depth of ETH was only 35% to 45% of Bitcoin's, while it was at least 60% during the same period last year. Market depth measures the total dollar value of buy and sell orders within a certain price range. The depth of ETH within a 0.15% price range was between 13 million to 14 million dollars. CoinGecko stated that ETH still maintained good liquidity in this range, with most exchanges having both buy and sell side depths exceeding 1 million dollars.The liquidity of other mainstream tokens is also thinning. Solana's SOL saw its depth within a 2% price range drop from about 28 million dollars per side last year to about 20 million dollars this year. XRP's total depth remained stable at around 30 million dollars, but the order book was biased towards buyers, with buy orders around 18 million dollars and sell orders around 14 million dollars. CoinGecko pointed out that XRP's market capitalization is about 40% higher than SOL, but the depth within the 2% price range is lower because SOL's average daily trading volume is still 25% higher than XRP.

Michael Saylor, the founder of Bitcoin Treasury Company Strategy, posted on the X platform stating that Bitcoin can serve different types of investors. BTC provides direct ownership, MSTR offers leveraged Bitcoin exposure, while STRC provides income opportunities, and its 30-day price volatility is lower than all "Seven Giants" stocks.Michael Saylor added that digital capital is the foundation of digital equity and digital credit.

According to SoSoValue data, last week's trading days (Eastern Time from September 28 to October 2) saw a net inflow of $241 million into Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $450 million, bringing IBIT's historical total net inflow to $65.73 billion; followed by Ark & 21 Shares ETF ARKB, with a weekly net inflow of $25.52 million, currently ARKB's historical total net inflow stands at $1.4 billion.The Bitcoin spot ETF with the highest net outflow last week was Fidelity ETF FBTC, with a weekly net outflow of $168 million, currently FBTC's historical total net inflow is $10.9 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $108.89 billion, with an ETF net asset ratio (market capitalization relative to Bitcoin's total market capitalization) of 6.42%, and the historical cumulative net inflow has reached $57.79 billion.

Well-known trader Killa posted a prediction that BTC will break its historical high between April 26 and August 2, 2027. The attached chart compares historical cycles, indicating that the bottoming period in 2022 and 2026 has shortened, suggesting that the cycle rhythm has accelerated due to an earlier bottom. It is estimated that Bitcoin could reach a new high as early as May to July 2027.Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

On-chain data analysis platform Glassnode stated that the largest liquidation cluster for Bitcoin is located around $90,000. If the price reaches this level, leveraged shorts will be forced to close their positions.Glassnode noted that when looking back over the past two months, smaller liquidation clusters can be seen around $83,000 and $75,000. Regardless of which side the price touches, it could accelerate the next round of market fluctuations.