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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.

According to on-chain data, whale Lee Goon Wang has just sold 15,000 ZEC on Hyperliquid through a limit sell order, worth approximately 23 million dollars.The sell order was placed at a price about 30 dollars lower than the market price at that time, a decrease of about 2%.

According to The Block, the UK's Financial Conduct Authority (FCA) has obtained a court order requiring two individuals involved in a fraudulent cryptocurrency investment scheme to jointly repay £851,402, with plans to return the funds to the victims.At least 65 investors have collectively lost £1.54 million, and the amount being recovered is approximately half of that.

According to on-chain analyst Specter, North Korea is laundering funds across multiple chains, including underlying chains such as dYdX, Noble, and Osmosis, and has opened perpetual contract positions on dYdX.

According to QCP analysis, the global market opened under multi-asset pressure, with investors reducing risk exposure. The Nasdaq 100 index fell from 744.45 to 737.76 in pre-market trading, gold dropped from $4260 to $4147, Bitcoin decreased from $84500 to $82800, and the dollar index also declined, reflecting broad deleveraging rather than a shift to safe-haven assets.QCP stated that the main driving factor is geopolitical: the United States rejected a ceasefire condition proposal regarding the Strait of Hormuz last weekend, reigniting concerns over energy supply disruptions and driving a significant rise in Brent crude oil. This week, the U.S. macroeconomic calendar is packed. Following the recent interest rate hike by the Federal Reserve, the PCE price index and non-farm payroll report are key data points, and the market remains highly sensitive to data that could influence further adjustments in monetary policy. In terms of crypto options, front-end implied volatility remains high, with traders pricing for downside protection. Spot Bitcoin ETF fund flows show hesitation amid broader clearing. Bitcoin's recent technical strength faces dual pressure from geopolitical uncertainty and macroeconomic data risks, with key support levels being closely monitored.

A federal jury in San Diego, USA, ruled on Friday that Apple must pay over $5.7 billion in damages for using patented technology from the haptic patent company Taction Technology, according to Caixin. This is the highest patent compensation amount in U.S. history. Taction sued Apple in 2021, claiming that its sales of devices infringing on touch technology improperly utilized related innovations; the case was dismissed in 2023 but was later reinstated by the Federal Circuit Court of Appeals.Apple issued a statement strongly opposing the verdict and the amount of damages, stating that the ruling lacks factual basis. Apple stated that its haptic engine is fundamentally different from Taction's technology, and tests conducted during the trial confirmed this, asserting that it did not use Taction's technology and would appeal. Taction's chief attorney, Lance Yang, thanked the jury and mentioned that the company waited five and a half years for the case to go to trial.The core of the lawsuit revolves around two vibration-based haptic sensor technologies designed to allow users to perceive the device's response to input. Taction claims that Apple’s haptic engine in the Apple Watch and iPhone used its inventions without authorization. Apple's haptic engine was launched in 2014 with the Apple Watch and was used in the iPhone 6s and iPhone 6s Plus the following year, replacing the older vibration motors. Since Apple insists on appealing, the amount of damages will need to be determined first by the presiding judge before entering the appeals process for final confirmation.

Analyst Darkfost pointed out that the MVRV ratio (Market Value to Realized Value ratio) of short-term holders (STH) of Bitcoin has risen to its highest level since November 2025. This increase was driven by the price breaking through the short-term holder cost benchmark of approximately $73,100, significantly enhancing market momentum between August and September.The current MVRV ratio is 1.15, indicating that short-term holders are, on average, in a 15% profit state, and their holding market value has exceeded the realized value. This level is worth close attention, as it may prompt short-term holders to take action, especially to realize profits.

Strategy announced that the special shareholders' meeting is scheduled to be held online on October 28 at 10:00 AM (Eastern Time), with the record date for stock ownership set for September 25, where common stock shareholders will vote.Previously, Strategy indicated that it plans to change the dividends for STRF, STRC, STRK, and STRD to be accrued daily, and related matters will be voted on at this shareholders' meeting.

Aave founder and CEO Stani Kulechov tweeted that he measures Aave's potential market by the range of assets that can be used as collateral; the more types of collateral assets there are, the greater the lending market opportunities.He stated that Aave started with crypto assets and then expanded into securities through tokenized stocks on Coinbase and Horizon RWA, and in the future will further cover assets such as solar energy, batteries, GPUs, robotics, and space infrastructure. He categorized the last type of assets, such as solar energy, batteries, and GPUs, as abundant assets.

Stablecoin issuer Circle Internet Group (NYSE: CRCL) disclosed in an 8-K filing submitted on September 25 that co-founder P. Sean Neville has resigned from the board for personal reasons, effective immediately, reducing the board size from 8 to 7 members.On the same day, Chief Financial Officer Jeremy Fox-Geen notified the company of his intention to resign, but will remain until the end of 2026 to assist with the transition. Circle has engaged an executive search firm to find successors. The company stated that the departures of both individuals were not due to disagreements regarding the company's operations, policies, or practices.

The U.S. stock BNB cryptocurrency treasury company Nano Labs and Chairman Kong Jianping stated that their X account previously suffered a phishing attack and has now successfully regained control. Kong Jianping mentioned that the attacker sent phishing emails to his commonly used email address, and his AI assistant mistakenly identified the fake link in the email as the official X verification page, leading him to input the verification code sent to his linked email into the phishing page, ultimately resulting in the account being stolen; during this time, the account briefly posted several scam messages.Kong Jianping reminded users not to click on unofficial links, and even if the AI determines the link to be trustworthy, they should remain vigilant. He also suggested setting the email linked to X to an address that is not easily known to outsiders to reduce the risk of account theft.

Chi Lo, a strategist at Societe Generale, stated that although the market expects two more rate hikes, it is unlikely that the Federal Reserve's rate hike in September will mark the beginning of a new tightening cycle similar to that of 2022 to 2023. Instead, this may signal the start of preventive rate hikes aimed at bringing inflation back to target levels by reversing last year's three rate cuts.He noted that further rate hikes will not alleviate external shocks such as war and energy price inflation, but they will ease financial market concerns about the Federal Reserve's anti-inflation credibility. The Federal Reserve cannot continue to ignore recurring shocks or those that fail to dissipate as expected. By slowing down activity in other areas of the economy to curb inflationary pressures, further rate hikes may also carry the risk of pushing the economy into stagflation.

Trader degentrading (@degentradingLSD) pre-market analysis shows the following major signals in the current market:Macroeconomic Level: The 10Y yield has risen to 5.2%, and the 30Y has risen to 5.5%, approaching historical highs; the South Korean stock market opened down 2.5%, with the memory and semiconductor sectors (SK Hynix, Samsung, MU, SNDK) generally down 2% to 5%. It is expected that price movements will continue to fluctuate before MU's earnings report is released.New Cloud Computing: The investment payback period for computing projects is now less than a year, and market perceptions are changing. It is expected that the new cloud sector will undergo rapid revaluation, and the issue of power bottlenecks is also receiving increasing attention.Tech Stocks: META is weak pre-market, focusing on buying at the 690 support level or opportunities for breaking historical highs. If the large-scale data center sector breaks through as a whole, META, MSFT, and others will face paradigm-level repricing.Cryptocurrency Market: Mainstream coins and altcoins are generally weak, with BTC possibly testing the 82K support level; last week, TAO and DOGE were reduced, and CRDO was taken for profit to release risk capital. During the KBW period, crypto sentiment is usually somewhat positive, and this week's strategy focuses on finding short-term bullish opportunities.

The Hong Kong Accounting and Financial Reporting Council (AFRC) announced the signing of a new Memorandum of Understanding with the Hong Kong Securities and Futures Commission, expanding regulatory cooperation beyond the oversight of financial reporting and related auditing work of listed entities.This includes the financial and compliance reporting of licensed corporations, SFC-licensed virtual asset service providers, SFC-recognized funds, and registered open-ended fund companies, as well as the related auditing and assurance work conducted by their auditors.

According to Digital Asset, Yoon Jong-joon, the digital financial policy officer of the Financial Services Commission (FSC) of South Korea, stated that they are considering introducing a market maker system for the virtual asset market to enhance market efficiency and stability. Although the current "Virtual Asset User Protection Act" prohibits market-making activities, this move indicates that the FSC intends to revisit and consider the introduction of this mechanism in the second phase of the legislative process.Yoon Jong-joon also mentioned that exchanges need to have sufficient capital and operational capabilities, and core functions (such as transaction execution, trading support, and abnormal trading monitoring) may shift from self-regulatory oversight to public regulation; governance rules related to major shareholders and management are expected to be strengthened; after the bill is enacted, it is expected to promote business diversification, the establishment of a trustworthy trading environment, a digital asset issuance and disclosure system, a Korean won stablecoin, and enhanced user protection, among other things.

According to the Economic Daily, the shipment of optical CPO related equipment for joint packaging is increasing. Suppliers such as ZhiDe, GaoMingTie, and DongYouDa have stated that orders from Europe, America, and Asia are flooding in, with order visibility extending to the second quarter of next year, and they are simultaneously starting factory expansions. Customers' demand for high-precision motion platforms and automated optical coupling equipment is increasing, with a noticeable rise in clients from Southeast Asia, including Singapore and Malaysia, in addition to major manufacturers in Europe and America.ZhiDe stated that after receiving thousands of orders for international CPO equipment, they have recently made new gains and are negotiating cooperation on CPO alignment modules with domestic and major manufacturers in Europe and America, with overall orders initially looking at a thousand units. The company is expanding production in the Shugu Garden and Nanke Park in response to demand, expecting to launch new capacity in the fourth quarter and continue to ramp up production next year.GaoMingTie has been certified by the world's top ten optical communication brands and has secured orders for 800G and 1.6T optical module coupling alignment modules, with optical communication product revenue accounting for 79% in the first half of the year. The company has acquired about 60% equity in an optical and medical factory in Taichung, and after establishing a production assembly line, the estimated capacity can be expanded by more than double, with the Dongguan subsidiary expected to ramp up production after mid-next year. DongYouDa is collaborating with the Japanese company Junhe on CPO optical coupling equipment, with order visibility extending to the second quarter of next year, and has already initiated plans to establish factories in Vietnam, India, and Mexico, increasing capacity utilization from 70% by the end of 2025 to 80%.

According to the Economic Daily, major companies such as Apple, NVIDIA, AMD, Qualcomm, and MediaTek are racing towards AI and high-performance computing, recently increasing their orders for TSMC's 2-nanometer family capacity by 10% to 20%. As a result, TSMC is accelerating the expansion of its 2-nanometer family, with progress exceeding expectations. TSMC has consistently refrained from commenting on customer information and market rumors.The market originally estimated that TSMC's monthly capacity for the 2-nanometer family would be around 90,000 to 100,000 wafers by the end of this year, with expectations for continued double-digit growth to reach 110,000 to 140,000 wafers by 2027. Industry sources indicate that due to strong customer demand, the monthly capacity is expected to surge to 120,000 wafers by the end of this year, achieving the originally set 2027 target ahead of schedule. Sources say that in response to the demands from Apple and non-Apple customers, the speed and scale of new capacity for the 2-nanometer family are setting new records, far exceeding the ramp-up speed of the 3-nanometer family in its first year.TSMC's Senior Vice President and Co-COO, Wei Chen-Hao, stated at this year's North America Technology Forum that in response to strong demand from AI and other sectors, there will be five 2-nanometer fabs ramping up simultaneously for the first time this year, including two in Hsinchu and three in Kaohsiung; the wafer output in the first year of 2-nanometer will increase by 45% compared to the first year of 3-nanometer in 2023; the compound annual growth rate of 2-nanometer capacity from 2026 to 2028 will reach 70%. TSMC's 3-nanometer capacity in the Southern Taiwan Science Park is expected to reach nearly 180,000 wafers per month in the fourth quarter of this year, and three new 3-nanometer fabs are being established in Taiwan, Arizona in the United States, and Japan. The second fab in the United States is planned to begin mass production in the second half of 2027.

According to the data panel on the ChainCatcher official website, regarding BTC wallet balances, in the past 7 days, among the top 10 exchanges by balance, only two had net inflows; Binance had the largest decline, at 2.95%.In terms of exchange asset transparency proof, the top three exchanges with net outflows of reserve assets were Deribit (-340 million USD), Bybit (-291 million USD), and MEXC (-99.5608 million USD); in terms of net inflows, Binance had the highest inflow, reaching 703 million USD, followed by Bitfinex (+321 million USD) and OKX (+40.4574 million USD).

Ethereum co-founder Vitalik Buterin announced today that the original novel "Snowmoon" has been completed, consisting of 32 chapters.The novel unfolds in a speculative science fiction setting, depicting a world that heavily relies on cryptography and decentralized governance. The story focuses on the ideological conflicts between societies such as Veridia and the Arctic Empire, involving elements like zero-knowledge proofs, second voting, privacy technologies, and content-oriented tax mechanisms, integrating themes of mechanism design and digital sovereignty that have long been of interest to Vitalik.The work is released under the GPL v3 license. Vitalik stated that adaptations into films, animations, and other derivative works are allowed, but requires the related production pipeline (including AI prompts, scripts, and other non-generic materials) to be open-sourced. He declared that all text was written by him, with AI assistance only used for spelling and grammar checks, consistency verification, and webpage formatting, and noted "Snowmoon was written with love."