during the market rebound, a whale deposited 23 million USDC into HyperLiquid in the past 3 days to avoid the liquidation of its 249 million US dollars worth of BTC short position (20 times leverage). Currently, the position is floating at a loss of approximately 21.5 million US dollars, but has already received 7 million US dollars in funding fees.

 BTC Development, which has been listed on Nasdaq, announced the completion of a $253 million initial public offering by issuing 25,300,000 shares priced at $10 per share, and trading under the stock code "BDCIU". The company plans to seek enterprises in the Bitcoin ecosystem for share exchanges, asset acquisitions, share purchases, restructurings, or similar business combination transactions.

JPMorgan analysts predict that the price of Bitcoin may reach $165,000 by the end of 2025. Reasons given by the analysts include: Bitcoin is currently undervalued compared to gold; at the same time, the inflow of funds into Bitcoin ETFs is continuously increasing.

according to market news, Metamask will launch a points program to reward points for Swap and bridging, and points can be exchanged for token rewards.

FTX issued a reminder to users to beware of phishing emails that appear to be from Kroll or FTX Recovery Trust, as well as some websites that appear to be FTX customer portals. FTX emphasized that the official platform will not ask users to connect their wallets. Some users reported receiving fake compensation emails from FTX, mentioning the need to generate an XPUB and download a tool, which is very dangerous.

 according to on-chain analyst Yu Jin's monitoring, the whale/institution that has already made a profit of $85.34 million through ETH waves has once again taken profit by selling 12,500 ETH (worth $56.77 million): it sold 12,500 ETH through FalconX and exchanged it for $56.77 million USDC, at a selling price of $4,542. The whale/institution, which bought 60,333 ETH at the end of September, has sold most of it: in the last 3 days, it has sold 55,830 ETH and exchanged it for $247 million USDC, making a profit of $93 million.

 OpenAI CEO Ultraman stated in a blog post: "The amount of user-generated video content far exceeds our expectations, and many videos have a very small audience." "We must find a way to make the video generation business profitable." Ultraman said that the company plans to share some of the revenue with the copyright holders who hope users generate their characters. The specific model still needs to be tried repeatedly to determine, and the related plan will be launched soon. (Wall Street News)

Tether CEO Paolo Ardoino released a demo video of the wallet development toolkit WDK on the X platform, showing key points of the product, including: 100% built by Tether, packaged UI components can be reused, about to be open-sourced, completely non-custodial, suitable for any platform/operating system (including mobile and desktop), supports USDT, USDT0, and passed security audits, etc.

 the Australian Reserve Bank kept the benchmark interest rate unchanged at 3.6%, in line with market expectations, the bank has already cut interest rates three times this year. 

 according to The Information: OpenAI's revenue for the first half of the year was $4.3 billion, an increase of about 16% compared to the full year revenue of last year; cash consumption was $2.5 billion, with a large portion of it being research and development costs for developing artificial intelligence and running ChatGPT. 

the 2-year Japanese government bond yield rose 1 basis point to 0.935%, the highest level since June 2008. 

an analyst said that an exchange-traded fund (ETF) tracking the trading activities of US politicians and individuals and companies closely related to the US president could be launched as early as this Friday. The fund, named Tuttle Capital Government Grift ETF (code: GRFT), was first proposed by Tuttle Capital Management earlier this year. Bloomberg ETF analyst Eric Balchunas pointed out that GRFT could go live as early as this Friday, as the US Securities and Exchange Commission (SEC) designated October 3 as the effective date for Tuttle's S-1 registration statement on Monday.

according to on-chain analyst OnchainLens (@OnchainLens), a whale withdrew 3,629 ETH from Binance an hour ago, worth $15.22 million. Currently, the whale holds 3,666 ETH, with a total value of $15.36 million.

Sky announced on the X platform that the latest "Star" project Keel in the Sky ecosystem has been launched. This is a capital engine for Solana. Keel is leveraging the power of Sky to expand liquidity, credit, and tokenized asset scale on the Solana network. With a liquidity blueprint of $25 billion, Keel's capital engine is ready to kick off the next phase of growth in Solana DeFi development.

On September 30th, according to The Block, Bitcoin staking has been launched on Starknet. The project claims that this is the first time that trustless Bitcoin staking has been achieved on a Layer2 network. Holders can earn rewards while retaining custody of their assets, supporting network consensus. Starknet refers to this as the "Bitcoin strategy for long-time Bitcoin holders."

 the market shows SOL falling below $210, now trading at $209.99, with a 24-hour increase of 0.41%. The market is fluctuating significantly, please manage risks.

the market shows that ETH has fallen below $4300, now at $4293.93, with a 24-hour drop of 3.87%. The market is fluctuating significantly, please manage risks carefully.

 according to the official announcement, Bithumb has added the ZeroG (0G) Korean won market.

 Kris, CEO of Crypto.com, posted on social media today to clarify the security incident that occurred in 2023. He stated that the company has disclosed in reports to NMLS and relevant regulatory agencies that an employee was targeted in a phishing attack, but the incident was brought under control within a few hours, did not affect the security of customer funds, and only a small number of users had some personal information compromised.

On September 22nd, HyperEVM's AMM DEX Upheaval released a roadmap, which includes JumpPad (token launch without permission), Aggregator (Upheaval Aggregator becomes the default router for Hyperliquid, aggregating all pools and venues, ensuring every exchange defaults through Upheaval), Fiat On-Ramp (unlocking capital inflow), Liquidity Hub (providing liquidity support for new tokens), veUP governance (users lock UPHL to obtain veUPHL, reducing liquidity supply and continuously pushing up token prices; veUP holders vote on reward allocation direction, while project parties compete for voting rights by bribing holders.)