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first_img Glassnode: Bitcoin saw a new inflow of 4.9 billion USD over 30 days, with the upward trend relying on existing holders

The cryptocurrency research platform Glassnode pointed out in the latest issue of The Week Onchain report that within the 30 days ending on October 5, approximately $4.9 billion of "new funds" flowed into Bitcoin, covering corporate treasury purchases, stablecoin growth, and inflows into U.S. spot Bitcoin ETFs. During the same period, Bitcoin achieved a market capitalization increase of $12.8 billion, more than double the size of the new funds.Glassnode stated that new funds only accounted for less than two-fifths of this increase, with the remainder coming from existing market funds being traded at higher prices. Data shows that since the launch of the spot ETF in January 2024, Bitcoin's upward trends have shown similar differentiation, but the scale of inflows accompanying the rises in 2024 and 2025 is far greater than the current situation. Glassnode noted that before inflows recover, the market will rely on existing holders to pay higher prices.Since September 21, Bitcoin has attempted to break through $87,000 four times without success, and as of the time of writing on Thursday, it was around $83,000, down 1% for the month. Glassnode pointed out that on the first week since January when Bitcoin closed above $85,000, about 86% of the tokens transferred to exchanges came from short-term holders who had held for less than 155 days and were in profit, marking the highest single-day proportion in the past year. CryptoQuant data shows that as of October 7, the overall cost basis for short-term holders is approximately $78,250, still in a net profit state.

Xie Jiayin: The peer-to-peer program has covered over 2.2 million people, with rewards totaling 3.49 million USD

Bitget held an offline event today to celebrate its eighth anniversary. The head of the Greater China region, Xie Jiayin, reflected on the platform's eight-year development journey, stating that Bitget has gradually expanded from a single cryptocurrency trading platform to a panoramic exchange (UEX) covering diverse scenarios such as stocks, commodities, and AI trading. As of the second quarter, the trading volume of non-cryptocurrency assets accounted for 40%, with approximately 1 in every 4 new users starting their Bitget journey through rToken.Looking towards the next phase, Xie Jiayin stated that Bitget will continue to advance the UEX strategy, expand more diverse assets and trading scenarios, and improve institutional-grade custody and over-the-counter settlement infrastructure to meet the differentiated needs of various types of institutions through diversified custody and settlement models. Institutional services will also continue to be an important strategic direction for Bitget in the next phase.At the event, Bitget simultaneously disclosed the progress of the third batch of rewards for the "Peer Program": a total of $3,495,658 in rewards has been distributed, benefiting 2,277,318 participants. Xie Jiayin expressed that the platform hopes to implement "user first" into concrete actions through product development, service upgrades, and user feedback.

DeAgentAI launches $AIA principal-protected staking financial plan: full refund of USDC at maturity, plus an additional reward of up to 50% AIA

According to official news, the DeAgentAI token $AIA has been launched on the South Korean exchange Bithumb's Korean Won market, opening the AIA/KRW trading pair. Its principal-protected staking financial plan has also officially opened. Users can participate with USDC, and upon maturity, the platform will return the equivalent amount of USDC in full according to the product terms, while additionally earning rewards of up to 50% of the actual staked AIA amount.The plan features three staking pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period being 50%, 40%, and 35% of the actual amount bought and staked, respectively. The first rewards from the three pools will be distributed uniformly after the fundraising period ends in the 3rd, 2nd, and 1st months, respectively, and will then be automatically distributed monthly. The amount of USDC returned at maturity does not fluctuate with the AIA coin price, and the originally bought and staked AIA will not be returned.The initial open quota is 500,000 USDC, with a minimum participation amount of 350 USDC per transaction, and it will close once full. Users can buy AIA using USDC on the BNB Chain through the official page and complete the staking in the same transaction. For participation methods and complete rules, please refer to the official staking page.

Bitcoin collateralized lending accelerates towards mainstream: expanding from trading financing to real needs such as tuition fees and corporate turnover

Bitcoin collateralized lending is gradually expanding from a cryptocurrency financial scene focused on trading and investment to real credit needs such as tuition fees, living expenses, business operating funds, and real estate, showing a significant change in market usage. Institutions like SALT Lending and Ledn indicate that more and more borrowers are choosing to collateralize BTC for liquidity instead of selling their holdings.Since its establishment in 2018, Ledn has issued loans totaling over $11 billion and expects this scale to grow to $1 trillion in the coming years. Its clients include entrepreneurs and institutional investors seeking operating funds, as well as individuals borrowing to pay for children's education, real estate investments, and short-term living expenses. This trend indicates that the financial attributes of BTC are extending from "tradable assets" further to "collateralizable assets." Borrowers hope to unlock its value without selling BTC while still retaining potential upside exposure.At the same time, institutions like SALT are promoting fixed-rate, long-term products, bringing crypto collateralized loans closer to traditional credit models like home mortgages. Coinbase has also recently launched fixed-rate BTC collateralized loans through Morpho. Ledn further anticipates that similar models may expand from BTC to traditional hard assets like gold, and the boundaries of the collateralized asset lending market are widening.

first_img Trump will award honors to tech executives such as Musk and Jensen Huang

According to CNBC, U.S. President Trump will honor several tech executives at the Science: A New Golden Age Summit on Thursday. The White House confirmed that SpaceX and Tesla founder Elon Musk, Google co-founder Sergey Brin, NVIDIA CEO Jensen Huang, and AMD CEO Lisa Su will receive the National Medal of Science, while Dell founder Michael Dell and Microsoft CEO Satya Nadella will receive the National Medal of Technology and Innovation. Fox News was the first to report this. White House Assistant Press Secretary Liz Huston stated that the Trump administration appreciates the contributions of these science and technology leaders, and the awardees are helping to ensure that the U.S. continues to lead the world in innovation.The summit comes just over a week after Trump hosted a lunch at the White House focused on artificial intelligence, where he stated that he had signed a morally binding document with tech leaders. CNBC reported that the aforementioned awardees have financially supported Trump or the Republican Party: Musk contributed over $290 million during the 2024 election cycle and led efforts to reduce federal employees as a special government employee under the Trump administration; Brin attended the inauguration and donated hundreds of thousands of dollars to the Republican National Committee in 2025; Huang donated to the fund for building the White House banquet hall, and NVIDIA donated $1 million to the inauguration; Dell and his wife Susan pledged $6.25 billion to provide seed funding for Trump Accounts, and AMD also contributed to Trump-related funds.
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