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Crypto journalist Eleanor Terrett reported that Jonathan Gould, the head of the Office of the Comptroller of the Currency (OCC), stated that the final rules for implementing the GENIUS Act are expected to be released soon, by the end of October.Gould made this statement at the "Building the New Digital Economy" event hosted by the Milken Institute, which coincided with DC Fintech Week.

According to The Defiant, OKX announced the launch of the Onchain Spot and Perps public beta within its app. Qualified users can use free points (XP) to simulate trading in stock, index, and commodity markets, preparing for subsequent real fund trading. This simulated trading competition shares a prize pool of 250,000 USDT with Outcomes Season 3, running from October 14, 22:00 EST to November 14, 11:00. XP points have no cash value and cannot be withdrawn, transferred between accounts, or exchanged for financial instruments.The first simulated markets include gold, S&P 500 ETF, SpaceX, and Nvidia themes, with separate trading pairs for spot and perpetual contracts. Participants are testing trading strategies rather than purchasing shares of the aforementioned companies. OKX's product announcement indicates that qualified customers come from Southeast Asia, Northeast Asia, the Commonwealth of Independent States, as well as the Middle East and North Africa; users must complete identity verification and use a passkey to open a dedicated on-chain account through their existing OKX account.The trading venue operates on Exchange OS built on X Layer, and OKX refers to this account as self-custodial, supporting a unified balance between spot, perpetual contracts, and Outcomes. The spot and perpetual markets share margin, eliminating the need for internal transfers between product accounts.OKX stated that after the competition ends, real fund trading will be opened, allowing users to fund their on-chain accounts from their OKX exchange accounts, with spot and perpetual contracts settled on-chain in USDS. The activity XP and positions will not convert to real fund positions.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale fund made a single purchase of $50,142.3 on "KKS Lech Poznań vs Bayer 04 Leverkusen" event, targeting "Bayer 04 Leverkusen." Based on the current transaction price, the latest corresponding winning probability for this target is 70%.

According to Cointelegraph, the Central Bank of Russia stated in updated regulatory guidelines that arrangements for individuals to conduct peer-to-peer transactions in crypto assets will continue until July 1, 2027. After that, related transactions must be completed through authorized intermediaries. The Central Bank of Russia also clarified that individuals are not allowed to transfer crypto assets from digital accounts to self-custody wallets.Russia is expanding its regulated crypto market, with the country's largest bank, Sberbank, having been authorized to provide crypto asset trading services, having previously been approved to become a digital asset custodian. The new crypto asset regulatory rules in Russia took effect on September 1, bringing trading operators and custodians under the supervision of the Central Bank of Russia; the country still prohibits the use of cryptocurrencies for payment of goods and services. Jan3 CEO Samson Mow stated that P2P transactions are more resilient to regulatory crackdowns than centralized platforms.

According to Coinglass data, if ETH breaks through $2,453, the cumulative short liquidation intensity on major CEXs will reach $1.322 billion. Conversely, if ETH falls below $2,232, the cumulative long liquidation intensity on major CEXs will reach $500 million.

According to Coinglass data, if BTC breaks through $84,078, the cumulative short liquidation intensity on mainstream CEX will reach $2.276 billion. Conversely, if BTC falls below $76,602, the cumulative long liquidation intensity on mainstream CEX will reach $1.065 billion.

According to Gate market data, SpaceX (SPCX.O) opened down 5%.

In an interview video published by Bitcoin Magazine, philosopher Troy Cross provided answers on whether Bitcoin can truly achieve "the separation of money and state." He stated that he does not expect governments to abandon printing money anytime soon, but believes that Bitcoin serves as a check against endless monetary expansion, as people will choose to seek refuge in Bitcoin.Cross believes that academia will be the last group to understand Bitcoin, following innovators, financial practitioners, and journalists. He mentioned that the "Getting Bitcoin" initiative has made it to The Wall Street Journal, with related Bitcoin articles receiving 4 to 6 times the normal click rates. He also cited a survey from the Nakamoto Project, indicating that Bitcoin is moving towards normalization, while also increasingly showing signs of partisanship and polarization.In the interview, Cross also discussed the branding issues Bitcoin faces, as it is often confused with the broader category of crypto assets, and why price trends, education, and "Number Go Up" have become a universal language. He mentioned the need to bridge the gap and reach the 82% of people who do not yet hold Bitcoin, and explained how Bitcoin can keep governments honest. The video chapters also touched on the setbacks of the Clarity Act and why Bitcoin continues to move forward.

Grayscale announced a partnership with the investment platform Republic to offer Grayscale's investment products to qualified investors, including the Grayscale DeFi Fund, Grayscale Decentralized AI Fund, and Grayscale Data Network Trust.Among them, the DeFi Fund covers tokens such as UNI, AAVE, ONDO, ENA, CRV, and LDO; the Decentralized AI Fund covers tokens such as NEAR, TAO, RENDER, and FIL; the Data Network Trust provides investment exposure to the native token DATA of the DATA Network.

According to Bloomberg, Ripple's main brokerage division, Ripple Prime, is launching perpetual contracts for real-world assets (RWA) aimed at institutional clients, covering over 100 reference markets including stocks, indices, ETFs, and commodities. This product is offered through Trade.xyz on Hyperliquid, continuing Ripple Prime's previous strategy of opening up cryptocurrency perpetual contract trading to clients.This arrangement supports cross-position margin sharing. Michael Higgins, CEO of Ripple Prime International, stated that this move helps institutions improve capital efficiency and position management. Clients can pair perpetual contracts with underlying assets for basis trading or use the contracts for directional trading to gain exposure to relevant assets during traditional market closures and on weekends.In the past year, the open interest of RWA perpetual contracts on several major trading platforms has increased from nearly zero to $9 billion. Higgins also mentioned that traditional hedge funds are "very close" to directly participating in the tokenized RWA market, with the key being the establishment of infrastructure that meets their counterparty and anti-money laundering requirements.

Blackstone Group has established a $200 billion data center investment portfolio and partnered with Google for cloud computing business. Blackstone has also invested in AI labs such as OpenAI, providing loans secured by Broadcom and NVIDIA chips, and invested in cooling equipment for power plants and data centers. President Gray stated that AI investment is Blackstone's most important project.

The AI Agent project NeoSoul token DNA will be launched on October 16 on Binance Alpha, OKX perpetual contracts, as well as exchanges like Bitget, Gate, MEXC, and KuCoin. The DNA airdrop query is now open.In addition, according to Binance Wallet news, Binance Alpha will be the first platform to launch DNA, and eligible users can use Binance Alpha points to receive the DNA airdrop.

Cryptocurrency analyst Darkfost stated that there has been no substantial change in the technical assessment of Bitcoin. The fifth wave of the first wave has ended at the expected position, and the second wave adjustment may be coming next. This adjustment wave could drop to $74,600, corresponding to the usual 0.382 Fibonacci retracement level.Currently, Bitcoin has fallen below the 21-period EMA and is at the support level of the 50-period EMA, which is seen as a strong support; the 200-period EMA is around $75,800, leaving some space from the current price. The RSI has returned to the neutral level of 50, but the gap with the 14-period SMA has widened.Darkfost believes this indicates that a corrective rebound in wave B may occur before the final wave C arrives. He stated that there are currently no concerning signals, and the mid-term trend of Bitcoin remains positive.

Well-known trader Doctor Profit stated that after Bitcoin previously bottomed out and rose significantly above the 50-day moving average, it has not retraced to that moving average until now, and it has now tested this support level. He believes that this support will hold, and Bitcoin will continue to rise from the current level.

According to EmberCN monitoring, PUMP has dropped 16% in the past 24 hours, and one address may be the driving force behind the decline. This address sold 1.264 billion PUMP in a single transaction on-chain about 7 hours ago, exchanging it for 5.483 million USDC, with an average transaction price of approximately $0.0043.Due to the large one-time sell-off, this transaction incurred about 5% slippage loss. Ember estimates that if the order had been split into multiple transactions, it could theoretically have cashed out about $5.78 million; this direct sale only obtained $5.48 million, resulting in a loss of about $300,000.

According to The Defiant, the HashKey Chain administrator transferred 142,818 USDT by temporarily replacing the contract, and about six minutes later, the original deposit code was restored. HashKey Chain is an Ethereum Layer 2 network launched by HashKey Group, primarily aimed at compliance and institutional-level application scenarios.The report shows that this temporary replacement did not change the final state of the deposit code, but a multi-signature composed of five members, requiring three signatures, still retains the immediate upgrade authority, allowing upgrades to the contract to be executed without a time lock delay.

According to The Block, citing South Korean media Digital Asset, South Korean cryptocurrency influencer "Coin King" Jonbur Kim (original surname Park) was acquitted of fraud charges by the Southern District Court of Seoul. The case involved allegations of cryptocurrency fraud amounting to approximately 340 billion won (about 253 million USD).The court stated on Thursday that the prosecution lacked sufficient evidence to prove the relevant crimes. Jonbur Kim had previously been accused of participating in fraudulent issuance, listing, false disclosures, and price manipulation, with the tokens involved primarily including Podo Coin and Artube.