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According to Glassnode's latest on-chain weekly report "Swept and Refilled," Gate has performed outstandingly in the tokenized gold spot and perpetual contract markets, with its position size and trading volume market share continuously increasing.The report indicates that since the beginning of 2026, Gate has contributed 42% of the net increase in the global tokenized gold perpetual contract open interest, surpassing all other tracked exchanges. At the same time, Gate's 7-day average position size for tokenized gold perpetual contracts corresponds to a gold exposure of 1.7 tons, ranking first in the world, ahead of OKX's 1.5 tons.In the spot market, Gate's market share of tokenized gold spot trading volume surged from 0.6% in 2024 to 12% so far in 2026, expanding to 20 times its original size. The report also notes that as market share continues to grow, Gate has become one of the most prominent trading platforms for the growth of tokenized gold spot market share this year. The simultaneous expansion of the spot and derivatives markets further reflects Gate's market competitiveness and growth potential in the field of tokenized gold trading.

Glassnode's latest weekly report shows that as of October 19, the average holding cost of the Bitcoin treasury companies it tracks is approximately $80,200.The daily closing price of Bitcoin has remained above this level since September 18, but corporate buying has not resumed with the price rebound. The monthly increase in holdings since June has been less than 10% of the peak in November 2024.

Glassnode published that the key price level for Bitcoin in the fourth quarter is still being held. The institution previously pointed out in the "Charting Crypto" report with Colin Basco and the Coinbase Institutional team that BTC faces resistance in the range of $87,000 to $87,800. Since then, the Bitcoin price has been blocked in that range and continues to oscillate and consolidate below.Glassnode believes that if Bitcoin breaks through the current consolidation range, the market may experience significant volatility, but there is still a large area of selling pressure around $90,000 above.

According to on-chain analysis platform Glassnode, the leverage level in the altcoin market remains high. Since the leverage rate peaked earlier this month, the prices of related cryptocurrencies have experienced a pullback, but over 40% of large-cap altcoins still have leverage rates close to the highest levels of the year.The proportion of mid-cap altcoins in a high-leverage state has risen to a year-to-date high. Glassnode points out that if prices continue to decline, a large number of long positions in the market may face the risk of being liquidated.

Glassnode released data on platform X stating that during yesterday's BTC decline, there was once again a situation of seller capitulation. Each wave of loss selling coincided with local bottoms: early August, mid-August, and mid-September.Since the peak in September, profit-taking has slowed down. If this pattern holds, the sell-off just above $80,000 yesterday would mark the bottom.

The cryptocurrency payment card data platform PayGlass Beta version is officially launched, aiming to provide users with comprehensive, accurate, and timely cryptocurrency card payment data. Currently, RedotPay, KAST, and Plasma One occupy the top three positions on the list.It is reported that PayGlass (https://www.payglass.io/) systematically compiles and analyzes different card projects around the core indicators and key features of cryptocurrency cards, covering multiple dimensions such as transaction volume, fee rates, cashback and promotional benefits, and issuing teams, helping users to better understand the product characteristics, cost structures, and service differences of various cryptocurrency cards.

According to Glassnode data, Bitcoin is currently near a support level, but there is a large cluster of long liquidations below. If the price drops further, it may trigger a chain liquidation, with another liquidation cluster around $75,000. In contrast, over the past week, there has been a continuous accumulation of short liquidation positions above $85,000, and the vulnerability of the long liquidation area below is higher than that of the short liquidation area above.

Ramp, the corporate expense management platform, co-founder and co-CEO Eric Glyman announced on October 13 the launch of the AI workspace Glass for the entire company. Glyman stated that providing the best models and the most tokens to every employee does not equate to becoming an AI-native company. He mentioned that in one week in May 2026, Ramp consumed $1.5 million in tokens, after which a small team transformed the environment built by the employees who were best at using AI into a work method available to all.Glass advocates starting from the existing knowledge of the company rather than from a blank conversation. As of the announcement, 323 employees have edited the content in Glass over 6,500 times. In terms of feature requests, there were about 300 entries that needed to be manually input into Salesforce each month; after a client manager stored prompts in Glass in May, they now capture about 20,000 entries per month and have sent out over 5,000 emails regarding the features requested by clients. The product supports integration with company knowledge from Linear, Notion, Google, Slack, Gong, etc., allowing multiple people to collaborate in the same session. After migrating its own work, Ramp's billing decreased by 30%, and it is currently opening up for the first batch of enterprises.

On Tuesday, Alibaba Group launched the Qwen Glasses N1 series smart glasses at an event in Hangzhou, extending its artificial intelligence strategy into consumer electronics. The company claims to be a full-stack artificial intelligence provider in China, covering everything from data centers and software to end products. The series starts at a pre-discount price of 2999 yuan (approximately 450 USD). Bloomberg reported that this price is not lower than that of industry leader Meta's Ray-Ban smart glasses, with Alibaba aiming to compete on quality and functionality, not just price.Wu Jianjun, General Manager of Qwen AI Hardware Products, stated that the new glasses are equipped with an improved 50-megapixel camera and sensors. The Pro version is priced at 3499 yuan and features eye-tracking capabilities, with a standby time of 25 hours or 9 hours of music playback on a single charge. The new model is about a year after the first version released last November, integrating the Qwen AI assistant more closely and expanding its functionalities. Following Meta's example, Alibaba is trying to make smart glasses an entry point for its artificial intelligence tools and agents. Last month, Meta launched a simplified version of smart glasses without a camera, priced at 349 USD, primarily for interaction with the Muse AI assistant.

Co-founder of Glassnode, Rafael Schultze-Kraft, stated based on on-chain data that approximately 6.26 million BTC public keys have been exposed, accounting for 31.2% of the current supply, up from 24.8% at the beginning of 2021.Among them, about 4.33 million were exposed due to address reuse, and approximately 1.94 million are related to script types. He emphasized that this statistic does not indicate that quantum attacks are realistically feasible, nor can it be used to assess the security status of exchanges or custodians.

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.

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.

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.

According to Glassnode data, long-term holders of BTC have remained in profit throughout this cycle. This has never happened in previous bear markets since at least 2015.In each previous bear market, the long-term holder MVRV (LTH-MVRV) indicator would drop below 1 at the bottom of the cycle, causing this group to fall into a loss. However, this time, the indicator bottomed out above 1 and is currently rising again.

According to monitoring by Glassnode, investors who previously bought at high prices in the Bitcoin market are currently selling off. Data shows that there are two groups currently in a loss state: one group consists of investors who bought at a price of $97,000 one to two years ago, and the other group consists of investors who bought at a price of $89,000 six to twelve months ago.Analysis indicates that investors who entered during the price increase in 2025 are currently selling the most Bitcoin daily, while those who bottomed out during the market decline show a strong willingness to hold and are not selling off in large quantities.

On-chain data analysis platform Glassnode stated that the sell wall above Bitcoin has disappeared. The buy orders absorbed the sell wall at the $85,000 level yesterday, which had been tested multiple times over the past week but failed to break through.Glassnode indicated that the remaining sell orders also seem to have been removed. With the reduction in sell-side liquidity above, the price may rise more quickly.

Meta Platforms stated that it will introduce Muse into its AI glasses in the coming months.

Tianfeng International Securities analyst Guo Mingqi published that his latest supply chain check shows that NVIDIA has begun testing fiberglass-free copper-clad laminates primarily made of hydrocarbon resin to replace the previously tested fiberglass-free PTFE copper-clad laminates, along with fiberglass-free hydrocarbon prepregs. The test aims to confirm whether this combination can meet the requirements of the Rubin Ultra NVL576 exchange tray PCB. NVL576 is an eight-rack interconnection solution expected to enter mass production in the second half of 2027.Guo Mingqi stated that preliminary tests conducted to enhance PCB manufacturability show that the fiberglass-free hydrocarbon copper-clad laminate has met the high-frequency electrical requirements of the exchange tray. Its electrical performance lags behind the original PTFE solution but is better than the M9 level solution and exceeds the M10 published specifications. This result does not represent the final material selection, indicating that NVIDIA is still seeking higher PCB manufacturing yields and production efficiency while meeting electrical requirements.Guo Mingqi mentioned that Shengyi Technology is currently the leading supplier for the NVL576 exchange tray material evaluation, with related materials including fiberglass-free PTFE copper-clad laminate SG5300N, fiberglass-free hydrocarbon copper-clad laminate SG1030N, and fiberglass-free hydrocarbon prepreg SIF09. SG1030N and SIF09 still contain a small amount of PTFE. He also stated that once specifications are confirmed and mass production begins, Shengyi Technology is expected to accelerate procurement from Chinese hydrocarbon material suppliers such as Dongcai, Shengquan, and potential supplier GCH Technology.

Glassnode stated that spot traders are turning to the altcoin market. Data shows that the current spot trading volume of altcoins is about 4 times that of Bitcoin's spot trading volume, reaching the highest level since September 2025.Glassnode indicated that the demand for higher-risk assets has increased, a phenomenon that has historically been associated with the formation of Bitcoin's cyclical tops.

Glassnode posted on platform X, stating that spot traders are turning to altcoins, and the total spot trading volume of altcoins has now approached nearly 4 times that of Bitcoin, reaching the highest level since September 2025.Glassnode pointed out that this rise in demand for high-risk assets has often coincided with phase tops of BTC in the past.