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With only 22 days left until the U.S. midterm elections, Fairshake, aligned with the stance of the U.S. cryptocurrency industry, and its affiliated Political Action Committee (PAC) have ramped up advertising to support their identified "crypto-friendly" candidates. According to documents disclosed by the Federal Election Commission (FEC) on Saturday, the PACs Defend American Jobs and Protect Progress have collectively spent $2.7 million on media and direct mail production to support Democratic and Republican candidates running for the U.S. House of Representatives in 2026. Fairshake's funding primarily comes from donations from investment bank Cantor Fitzgerald, cryptocurrency exchange Coinbase, and Ripple Labs.Specific expenditures include: over $76,000 for House Majority Whip Tom Emmer, $73,000 for House Agriculture Committee Chair Glenn Thompson, $512,000 for California Congressman Pete Aguilar, and $500,000 for New Jersey Congressman Josh Gottheimer. A few days earlier, Fairshake announced it would additionally support 32 House candidates in 2026, with 6 of them each receiving $1 million in media support.

Cryptocurrency exchange Binance announced the official launch of the personalized trading interface Binance AI for global English users. This free tool is based on generative UI and can customize market information, portfolio tracking, and trading functions according to users' interests and trading experience levels, with more language versions being rolled out gradually. A Binance spokesperson revealed to The Block that since testing began on September 7, approximately 150,000 users have participated in the trial.The features of Binance AI include AI-generated portfolio performance summaries, analysis of popular volatile assets, voice alerts, and on-demand text or audio market briefings. The product was demonstrated in a live broadcast last week, alongside the upcoming Binance AI Pro. Binance's Vice President of Product, Jeff Li, stated that the market is becoming increasingly complex, but tools for understanding the market should be easier to use. This interface aims to make market information more accessible to users, whether they are novice traders or managing more complex positions.Binance Co-CEO Richard Teng described the product in an announcement on October 5 as part of the company's efforts to make financial information more accessible. He stated that finance has always been built for those who already understand it, blockchain allows everyone to enter the market, and AI empowers everyone with the knowledge to navigate the market. In April of this year, Teng discussed the company's super app strategy with The Block, which includes plans on how to utilize artificial intelligence.

The Falcon 9 rocket for SpaceX's 35th commercial resupply mission of the "Dragon" spacecraft has been vertically erected at Launch Complex 40 in Florida, with a planned launch on the 13th at local time, targeting a launch time of 6:33 AM Eastern Time (18:33 Beijing Time on the same day).

According to Coinglass data, if ETH breaks through 2,636 USD, the cumulative short liquidation intensity on mainstream CEX will reach 878 million USD. Conversely, if ETH falls below 2,401 USD, the cumulative long liquidation intensity on mainstream CEX will reach 553 million USD.

Investment bank StoneX has raised the target price for the tokenization platform Securitize from $12 to $18, an increase of 50%, while maintaining the buy rating given by analyst Mark Palmer. This adjustment comes on the first trading day after the launch of Securitize Stocks, which saw the stock drop by as much as 10% in early trading on Monday, with the new target price still about 45% higher than the stock price at that time. Palmer noted that although SECZ's stock price rose last week due to the news of the platform's launch, the market still views it as a tokenization service provider, while the company has actually evolved into a market operator.StoneX pointed out that in the second quarter, Securitize's trading volume of $5.3 billion generated most of its tokenization revenue from integration fees, with the trading volume itself being almost unmonetized. The launch of Securitize Stocks is expected to change this situation, allowing the company to start charging fees from trading and services, and potentially earning collateral-related income in the future. Last week, the platform introduced stocks such as Apple, NVIDIA, and Tesla to Solana, with transactions settled in USDC, and the tokens backed one-to-one by the underlying stocks, allowing holders to enjoy dividends and shareholder rights.StoneX expects Securitize's revenue to approach $120 million in 2027, growing to about $198.5 million in 2028, with an annual growth rate of approximately 65%. Based on Palmer's target price of $18, the corresponding enterprise value to revenue multiple for the 2028 forecast is about 14.5 times. The firm believes that as the scale of tokenized stock trading fees expands, the company's revenue structure will shift from one-time integration fees to ongoing trading and service charges.

The media and conference organization NEXTPredict announced that it has executed the first trade in the flight cancellation market through Kalshi to hedge investments for its October summit, locking in $3 million in guarantees. The company paid a premium of $12,000, and if the cancellation rate of flights arriving at New York's Kennedy International Airport on October 21 exceeds 50%, the contract will automatically pay out, covering the summit costs, as October 21 is the main travel day for attendees. Susquehanna acted as the market maker for this transaction.Kalshi launched the flight cancellation market after self-certifying the contract with the U.S. Commodity Futures Trading Commission (CFTC) on July 14, allowing participants to trade on whether the cancellation volume at specific airports exceeds preset thresholds. This market does not target individual flights and has clear anti-manipulation clauses. NEXTPredict is a media and event platform focused on the global prediction market industry, launched by the NEXT.io team. Its flagship event, the "Global Prediction Market Summit," will be held from October 22 to 23, 2026, at Convene Hudson Yards in New York, bringing together founders, executives, investors, and policymakers.NEXTPredict and Kalshi position this trade as institutional hedging, similar to how airlines hedge against fuel costs or farmers hedge against crop yields, rather than betting on the fate of the summit.

According to Bitcoin Magazine, Lorenzo Valente, the Director of Digital Asset Research at Ark Invest, stated in a video interview with Bitcoin Magazine that despite Bitcoin's lackluster performance and even decline this year, Ark Invest has not changed its long-term view, still considering Bitcoin over a five-year cycle and believing its development is still in the early stages. He also introduced Ark's Big Ideas report and discussed Bitcoin's role as digital gold and a permissionless currency.Valente pointed out that the rise of stablecoins has changed Ark's judgment on the emerging market Bitcoin narrative. He also talked about the rise of tokenized stocks and real-world assets, as well as the functionalities that tokenized stocks can achieve that traditional brokerage accounts cannot.Additionally, he mentioned the impact of rising interest rates, inflation, and AI on Bitcoin's macro outlook, and explored which tokenized business models will ultimately prevail, as well as the possibility of tokenizing U.S. assets for offshore markets.Regarding the market outlook, Valente provided Ark's perspective on Bitcoin's future over the next 12 to 18 months and discussed the four-year cycle and key points to watch moving forward. Ark's Big Ideas report set a Bitcoin price target for 2030, and the reasons why institutional funds are still on the sidelines were also among the topics he discussed.

According to CoinDesk, Bitmine Immersion Technologies Chairman Tom Lee stated that the intergenerational wealth transfer occurring in the coming years could become an important factor driving the next round of demand in the cryptocurrency market. Based on research data from the IRS and Fundstrat, it is estimated that between 2026 and 2028, approximately $1.5 trillion to $2 trillion in wealth will be transferred between generations.As young investors inheriting wealth typically have a higher risk appetite, this may increase their allocation to risk assets such as cryptocurrencies and stocks. Tom Lee added that Wall Street's accelerated adoption of blockchain technology for asset tokenization, the development of AI applications, and treasury companies holding cryptocurrencies for the long term could also become driving factors for future market growth.

According to Forbes, venture capitalist Alex Lazarow wrote that in the past two years, Stripe, Mastercard, and Circle have acquired American stablecoin infrastructure company Bridge, British BVNK, and Singapore cross-border payment platform Tazapay, respectively, with a total transaction value exceeding $3 billion. These three companies were established between 2020 and 2022, raising a total of approximately $200 million, indicating that stablecoin payment infrastructure is becoming a field where traditional payment giants and cryptocurrency companies are competing to establish a presence.Among them, Stripe announced in 2024 that it would acquire Bridge for slightly over $1 billion; the total value of Mastercard's acquisition of BVNK could reach up to $1.8 billion, including $1.5 billion in base consideration and $300 million in contingent consideration; Circle agreed to acquire Tazapay for $400 million in stock, with the transaction expected to be completed in 2027. The growth in stablecoin adoption, the gradual clarification of regulatory frameworks, and the rising demand for real-time cross-border payments are the main factors driving mergers and acquisitions.Data shows that in 2025, the adjusted transaction volume of stablecoins is expected to grow by 91% year-on-year, reaching $10.9 trillion, close to Visa's $14.2 trillion; the scale of real-world payments is expected to more than double, reaching approximately $390 billion. These transactions reflect that acquirers value not only stablecoin technology but also verified business scale, payment networks, and compliance qualifications.As stablecoin payment infrastructure matures, applications such as dollar accounts, stablecoin payment cards, and cross-border remittances are also emerging, and in the future, more local infrastructure companies similar to Bridge and BVNK may be acquired in various regions around the world.

According to PR Newswire, NASDAQ-listed company TROOPS Inc. (TROO) announced that it has signed a conditional share purchase agreement with EFFORCE Group, planning to expand its digital asset infrastructure business through this transaction.EFFORCE was founded by Apple co-founder Steve Wozniak and focuses on blockchain technology, digital assets, and sustainability. After the transaction is completed, Wozniak will retain his rights as a shareholder of EFFORCE. TROOPS stated that this merger will combine the advantages of both parties in technology, regulatory compliance, business expansion, and market channels to create a digital asset infrastructure platform covering multiple fields.

In the past three weeks, investors have withdrawn from U.S. mortgage bond funds at a historically rare pace, with the outflow ranking among the seven most severe since early 2021. As interest rates soared, the mortgage-backed securities index recorded its second worst monthly performance on record in September.Strategist Erica Adelberg stated that the Federal Reserve's tightening of monetary policy may weaken banks' demand for MBS, and MBS supply is expected to decline before the end of the year.

Binance stated that it was awarded the "Outstanding Contribution Award of the Community Chest Timely Rain Fund - Tai Po Fire Relief" at the Community Chest Annual Award Ceremony for the 2025/2026 fiscal year in Hong Kong, in recognition of its assistance and donations following the Tai Po fire.After the fire last year, Binance Group donated 10 million Hong Kong dollars to the Community Chest of Hong Kong for disaster relief and recovery efforts. Eowyn Chen, Chief Marketing Officer of Binance and representative of Binance Charity, accepted the award on behalf of the group.Binance claimed that since its establishment in 2018, Binance Charity has donated over 47 million US dollars, covering 87 countries and regions and benefiting more than 4.2 million people.

Bitwise Chief Investment Officer Matt Hougan recently stated in an interview that Bitcoin's market capitalization could rise to $30 trillion in the next decade, with a path similar to the long-term expansion following the launch of gold ETFs.He compared two time points: in 2004, when gold ETFs were introduced, the gold market was approximately $2.5 trillion; by 2024, when Bitcoin spot ETFs are expected to launch, Bitcoin's market capitalization is around $2 trillion.Hougan believes that the long-term upside potential for Bitcoin remains significant, and the real risk does not lie at the protocol level or in quantum computing, but rather in whether investors can navigate multiple bull and bear cycles and maintain their holdings.

Bitfinex Alpha's latest report indicates that whether Bitcoin can regain the $84,500 level this week will depend on whether the U.S. CPI data changes market expectations for interest rates and yields, as well as whether spot market buying can follow up.This round of correction is similar to multiple adjustments during the previous recovery phase, and investors with holding costs within the original trading range have not shown significant selling. However, spot buying remains a weak link in the current market, with Bitcoin ETF investors' average holding cost around $84,340, and the current price is below this level, leading some investors to potentially sell as the rebound approaches their cost level.Analysts believe that if this week's core CPI month-on-month increase is 0.2% or lower, it may reduce market interest rate hike expectations and drive yields down, providing room for BTC to rise; if the core CPI reaches 0.3% or higher, it may continue to suppress the performance of risk assets. BTC may fluctuate in the range of $81,300 to $84,500 in the short term.If the price breaks through and stabilizes above $84,500, while ETF fund flows are strong, the market may retest the year-to-date opening level of $87,722; if it falls below $81,300 with continued capital outflow, it may further dip to around $77,400, the true market average level.

According to Bloomberg, the fintech company OPay Digital Services Ltd., backed by SoftBank, plans to raise approximately $500 million through an IPO in New York and a private placement.Sources revealed that the financing includes about $200 million in a concurrent private placement, with Standard Bank Group as the investor. As the information has not yet been made public, the sources requested anonymity.OPay primarily provides services such as mobile payments and digital finance. If the plan to go public in the U.S. proceeds, it will become another company supported by SoftBank seeking to raise funds in the public capital markets.

According to PRNewswire, Ethereum treasury company Bitmine Immersion Technologies disclosed an increase of 12,532 ETH last week. Currently, the company's cryptocurrency holdings include 6,028,946 ETH, 214 BTC, equity in Eightco Holdings worth 85 million yuan, and shares in Beast Industries valued at 180 million dollars.Currently, Bitmine has staked 5,067,309 ETH (worth approximately 12.9 billion dollars).

According to GlobeNewswire, the Nasdaq-listed Solana treasury company DeFi Development (DFDV) disclosed that it increased its holdings by approximately 22,070 SOL last week, bringing its total holdings to about 2.5862 million, valued at approximately $302 million.The company stated that since the announcement of its second-quarter financial report on August 12, its SOL and equivalent asset reserves have grown by about 12%. Additionally, the recently established $300 million over-the-counter issuance plan (CHAD ATM) will provide an additional source of funding for the continued expansion of SOL reserves in the future.

According to on-chain analyst Yu Jin's monitoring, the NASDAQ-listed SOL treasury company SkyAI (SKYA) is liquidating its SOL reserves. About half an hour ago, the company transferred 211,623 SOL to Coinbase Prime.SKYA announced yesterday that it has recently sold approximately 1 million SOL. Including the approximately 211,600 SOL transferred to the trading platform today, the company is expected to have sold a total of about 1.25 million SOL in the past 5 days, valued at approximately 138 million dollars at current prices.According to the company's announcement, this sale of SOL reserves is to repurchase 95% of its issued shares.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Shanghai Rolex Masters: Zizou Bergs vs Carlos Alcaraz," the sub-market "Shanghai Rolex Masters: Zizou Bergs vs Carlos Alcaraz" option "Zizou Bergs" has experienced a dramatic fluctuation in winning probability, soaring from 10.5% an hour ago to the current 55.5% (a fluctuation of 45%). Please note the impact of related breaking news.

CryptoQuant analyst Axel Adler stated that the market absorbed 220,374 BTC last week, while the net flow to exchanges remained negative at -3,863 BTC.He pointed out that despite the high inflow of Bitcoin to exchanges, the net outflow data indicates that buyer demand in the market is still stronger than selling pressure, showing that some funds are absorbing market supply.