pro

According to Glassnode data, Bitcoin holders have recently continued to take profits, but the scale is relatively limited, with a net profit of approximately 5.1 billion dollars realized in the past 7 days.This level is closer to the end of 2023 and is significantly lower than during the previous major market peak phase.

StarkWare stated in an update on September 23 that the estimated GPU computing cost for preparing a quantum secure Bitcoin (QSB) transaction has dropped to below $67, a decrease of about 79% compared to the approximately $320 computing expenditure for the first similar mainnet transaction in August. According to StarkWare, the first QSB transaction was packaged and confirmed on August 26, with the engineering work completed by Tomer Giladi, and submitted directly through MARA's Slipstream service. The preparation process consumed about 3100 GPU hours, utilized around 100 GPUs, and incurred a computing cost of approximately $320, excluding Bitcoin network transaction fees.This cost reduction resulted from the quantum secure Bitcoin optimization challenge initiated on September 16 by StarkWare, Yukon Research, and Eigen Labs. The challenge invited developers, researchers, and AI agents to optimize transaction construction software, ultimately resulting in 62 adopted improvements across two computational tasks required to prepare a QSB transaction, with benchmark tests showing an estimated computing cost reduction of about 79%. The relevant dashboard currently indicates that the estimated cost has further decreased to $66.The QSB proposal was released by StarkWare researcher Avihu Levy in April, introducing hash-based quantum attack protection for transactions without altering Bitcoin's consensus rules. Due to limited cost, complexity, and applicability, he described it at the time as an emergency measure while continuing to advocate for adjustments at the protocol level.

PPP market prediction tool monitoring shows that the probability of "OpenAI's valuation reaching $975 billion before September 30" has risen to 63%, a 30% increase in 24 hours.If OpenAI's private market valuation published on Nasdaq Private Market reaches or exceeds $975 billion by September 30, 2026, it will be settled as "Yes"; otherwise, it will be "No". If OpenAI completes an IPO or direct listing during this period, the listing price and the public market valuation after listing will also be referenced. Subsequent modifications to historical data by NPM are generally not counted unless they correct obvious data errors.

As Japan ends its holiday, the risk of yen intervention has once again become the focus. The yen has fallen for two consecutive weeks, approaching the 160 mark. Strategists believe that the 160 mark will once again test Japan's tolerance for yen depreciation.Strategists at the Commonwealth Bank of Australia stated that if the USD/JPY breaks above 160, it will increase the likelihood of official intervention, especially considering that Japan has recently conducted a currency check.

According to Arkham monitoring, trader 0x344 established a BTC long position worth $105.39 million on Hyperliquid within two days, with a leverage of 20 times.This position once had an unrealized profit of $2.44 million yesterday, but as the BTC price retraced, the trader has closed all positions, ultimately realizing a profit of $176,600.

According to a 46-page report from financial investment data company PitchBook, the market platform Kalshi has a baseline scenario valuation of approximately $30.4 billion, a peak valuation of about $42.1 billion during strong market performance, and a pessimistic scenario of $22.8 billion. Kalshi completed a $1 billion Series F financing in May this year, with a post-money valuation of $22 billion.PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profits reaching $3.7 billion, and believes that partnerships with platforms and market makers such as Robinhood and Susquehanna will help consolidate market share. The report lists the regulatory risks of the sports prediction market as a key variable affecting valuation, with data showing that the sports market currently contributes about 69.9% of Kalshi's event fee revenue; if Exotics products such as multi-event combinations are included, the proportion rises to 82.4%.Several states in the U.S. and Native American tribes are suing over the legality of Kalshi's sports prediction products, and related cases have created discrepancies between federal appellate courts, with the Supreme Court expected to intervene next year. PitchBook believes that even if the final ruling is unfavorable to Kalshi, the company may still adjust its business model through state-level licensing and the development of non-sports prediction products, but a significant decline in sports revenue will still notably impact its growth expectations.

According to the official announcement, Bitget has launched 462 stock spot rTokens including rGPRO (GoPro), rHSAI (Hesai), rBRZE (Braze), rALRM (Alarm.com), and rZLAB (Zai Ding Pharmaceutical), covering multiple fields such as information technology, healthcare, and utilities. As of now, the Bitget platform supports a total of 2,601 rTokens.It is reported that rTokens, identified by the letter r + stock code (for example, rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as Nasdaq and the New York Stock Exchange through cooperation with the compliant brokerage Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form 1:1, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Polygon Foundation CEO Sandeep Nailwal announced that 100 million POL has been permanently destroyed, accounting for about 1% of the total supply. Previously, Sandeep Nailwal stated that the relevant destruction contract is ready and can be triggered by any member of the community, and mentioned that the community may consider conducting a POL destruction once every quarter in the future.

According to Ark Invest Tracker data, Cathie Wood's Ark Invest increased its holdings by 5,589 shares of 3IQ SOLANA STAKING ETF (approximately $51,000).

According to Ledger Insights, the latest statistics on bank cryptocurrency activities for the second half of 2025 released by the Basel Committee on Banking Supervision (BCBS) show that the overall prudent exposure of banks remains flat, but the composition of assets has changed significantly.In the Americas, the proportion of BTC in bank cryptocurrency exposure dropped sharply from 75.8% to 44.2%, while ETH rose to 38.5%, and SOL and XRP accounted for 7.8% and 5.6%, respectively. Other regions have shifted more towards stablecoins. Customer-related activities grew significantly, with a 93% increase in the Americas to 6.4 billion euros, while Europe saw a 25% decrease to 1.9 billion euros.

According to token unlocking data from the crypto asset data platform RootData, Swarm Network (TRUTH) will unlock approximately 113.19 million tokens at 0:00 Beijing time on October 1, with a value of about 1.53 million USD.

According to Lookonchain monitoring, a certain whale has completely closed all of its long positions of 1,425 BTC, with a position value of approximately 119.3 million USD, realizing a profit of about 1.5 million USD.

The U.S. stock BNB Treasury Company Nano Labs issued a risk warning stating that its founder Jack Kong's personal X account has been compromised. Recently, the content related to tokens and artificial intelligence trading models posted on that account is neither authorized by him nor the company.The company emphasizes that it has not issued or endorsed any related token projects and reminds users not to click on suspicious links, transfer funds to related contracts, or trust private messages, to guard against fraud.

The Cosmos ecosystem protocol Neutron faced a governance proposal that was manipulated by an attacker. The related address spent approximately 20,199 USDC to buy NTRN and staked 31.6 million NTRN about 12 minutes before the voting ended, ultimately allowing the proposal to pass with an 82% approval rate. Subsequently, the management rights of 11 contracts were transferred to the attacker, and they migrated to malicious code, stealing approximately 4.4 million dollars in assets.To recover the funds, Cosmos Hub validators coordinated a chain halt for nearly 24 hours and 48 minutes, and during the restart process, approximately 1.23 million ATOM were transferred from the attacker's wallet to a new address, with plans to return them to the original holders.

The on-chain derivatives protocol Variational announced that the Token Generation Event (TGE) for the token $VAR is scheduled for the fourth quarter of 2026. The initial token distribution includes 32% genesis allocation, 18% ecological reserve, and 50% for team and investor shares. The genesis tokens will be airdropped according to the proportion of Variational points held and will be 100% unlocked at TGE; the ecological reserve will be retained by the Variational Foundation for ecological growth and distributed at its discretion.The team and investor tokens will be locked for 12 months after TGE, followed by a minimum unlocking period of three years. Team members are also subject to individual vesting arrangements, and the specific shares for both parties will be announced before TGE. Variational stated that it plans to use all revenue directed to the treasury for the repurchase and destruction of $VAR. Weekly point distribution will continue until TGE, with 150,000 points distributed each week; accounts must hold at least 1 point to qualify for signing terms and receiving the genesis allocation, and any unclaimed portion will be destroyed.Variational originally planned to end the points program in the third quarter of 2026 and subsequently launch $VAR, but this timeline has been delayed due to significant strategic partnerships. In the final weeks before TGE, the project will conclude private testing, launch Omni on the public mainnet, expand exchange functions, and release trading APIs, while also announcing details on repurchase and token usage, and disclosing the impact of new partnerships on Omni, Pro, and traditional financial markets on-chain when conditions permit.

On September 23, according to Bloomberg, asset management company BlackRock adjusted its positions in its approximately $300 billion model portfolio, increasing its equity exposure while maintaining a positive outlook on artificial intelligence.According to an investment outlook seen by Bloomberg, in the United States, BlackRock directed funds towards large-cap stocks and shifted some of its artificial intelligence exposure from industry-leading companies to those it believes will benefit from or are adopting the technology. In terms of international allocation, BlackRock reduced its regional tilt towards the United States, developed markets, and emerging markets.

According to Bloomberg, informed sources revealed that the Trump administration is considering promoting the use of dollar-denominated stablecoins overseas to solidify the dollar's status as a global reserve asset.The U.S. government is also exploring the establishment of joint ventures with private companies and supporting stablecoin projects to maintain the dollar's monetary dominance and enhance demand for U.S. Treasury bonds.

Meta Platforms has released the Meta VR Glasses virtual reality headset priced at $1,299, featuring an external computing module design that significantly reduces the weight of the headset to about 100 grams. Meta stated that the new VR glasses are expected to drive the Reality Labs business towards profitability, with pricing aimed at ensuring that each device is not sold at a loss.

Meta Platforms announced that it will integrate Muse into all of the company's smart glasses products.