CRYPTO
Biztoc.com
07 Oct 2026 · 10:45
Only Five Coins Have Gained Over the Past Year: What Do They Have in Common While Bitcoin, Ethereum, and XRP Have Plummeted?
The post Only Five Coins Have Gained Over the Past Year: What Do They Have in Common While Bitcoin, Ethereum, and XRP Have Plummeted? appeared first on 24/7 Wall St.. Among the largest cryptocurrencies …
The post Only Five Coins Have Gained Over the Past Year: What Do They Have in Common While Bitcoin, Ethereum, and XRP Have Plummeted? appeared first on 24/7 Wall St..
Among the largest cryptocurrencies by market value, Zcash (CRYPTO:ZEC), Hyperliquid (CRYPTO:… The post Only Five Coins Have Gained Over the Past Year: What Do They Have in Common While Bitcoin, Ethereum, and XRP Have Plummeted? appeared first on 24/7 Wall St..Among the largest cryptocurrencie…
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Bloomberg Terminal integrates 24/7 Hyperliquid prices for enhanced market data
Bloomberg has integrated 24/7 Hyperliquid perpetual prices for stocks, commodities, and cryptocurrencies into its Terminal platform. This development, reported by @DefiantNews, allows users to access real-time market-data monitoring for over 100 markets, enhancing the …
Bloomberg has integrated 24/7 Hyperliquid perpetual prices for stocks, commodities, and cryptocurrencies into its Terminal platform. This development, reported by @DefiantNews, allows users to access real-time market-data monitoring for over 100 markets, enhancing the Terminal’s existing financial data offerings. The integration does not permit execution or asset custody through the Terminal but places Hyperliquid’s decentralized derivatives alongside traditional financial references like Bitcoin, Nvidia, and the S&P 500. This move is expected to increase visibility and confidence in Hyperliquid’s market presence.
Key Takeaways
Bloomberg’s integration of Hyperliquid prices appears consistent with increased market visibility for the decentralized protocol.
Market pricing suggests participants view this as supportive of a potential increase in Hyperliquid’s valuation.
The introduction of round-the-clock pricing could indicate enhanced interest and confidence in Hyperliquid’s financial products.
What to Watch
Markets will likely reflect how this integration impacts Hyperliquid’s visibility and valuation in the coming months. Key indicators could include any major partnerships or increased institutional interest in Hyperliquid. Observers should watch for any changes in market confidence reflected in the Polymarket odds, particularly as the December 31, 2026, deadline approaches for Hyperliquid to reach $100.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Aptos unveils MonoMove, claiming up to 55x faster smart contract execution
The Move VM redesign posts big gains on replayed DecibelTrade transactions, but mainnet is not planned until 2027 and still needs governance approval Aptos has introduced MonoMove, a new execution engine it says can …
The Move VM redesign posts big gains on replayed DecibelTrade transactions, but mainnet is not planned until 2027 and still needs governance approval
Aptos has introduced MonoMove, a new execution engine it says can run smart contracts up to 55 times faster for onchain markets.
Blockchains usually market speed through transactions-per-second figures. MonoMove targets a quieter bottleneck: how fast the virtual machine actually processes the code inside each transaction.
What MonoMove actually changes
MonoMove is a complete redesign of the Move virtual machine (VM) and the execution stack around it. Aptos is building a new one rather than tuning the old one.
The redesign has two goals. The first is better single-thread performance, meaning how fast one processor core gets through a job. The second is parallelism, meaning how many jobs can run side by side without stepping on each other.
Two technical choices drive the design. MonoMove uses monomorphized micro-ops and a register-based interpreter.
Monomorphization means generating specialized versions of code ahead of time. The engine then avoids figuring out data types on the fly while a transaction runs. A register-based interpreter works with values held in named slots instead of constantly pushing and popping them from a stack. Both approaches aim to cut wasted work from every instruction.
MonoMove has already been integrated into Aptos’s block executor, the component that processes transactions in each block. Development is moving through numerous GitHub pull requests over the course of 2026.
The benchmark numbers
The headline figures come from internal benchmarks. Aptos replayed real mainnet transactions from DecibelTrade and compared MonoMove against the previous VM.
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The results, by transaction type:
Collateral withdrawals: up to 55x faster
Vault requests: up to 40x faster
Perpetual market requests: up to 38x faster
Order placements: up to 22x faster
End-to-end benchmarks showed throughput gains of 3-8x across workloads. Order-book matching improved approximately 7x. Liquidity-pool swaps improved 5-7x. Lending markets were also part of the tested workloads.
The gap between 55x and 3-8x is worth understanding. Execution is only one stage of processing a transaction.
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A 3-8x throughput improvement also compares favorably with the roughly 2x gains Aptos got in 2025 from Loader V2, an earlier performance upgrade.
The road to mainnet
MonoMove is not live for users yet, and the timeline runs past this year.
The development plan moves in stages. It starts with sequential execution, where transactions run one after another. It then builds toward advanced parallel support.
Several features still have to be built along the way. These include native function ports, reentrancy checks, and gas instrumentation.
Reentrancy checks guard against a classic exploit in which a contract gets called back into before it finishes its first job. Gas instrumentation is the metering system that measures how much computation a transaction uses, so users pay for what they consume.
Aptos is targeting completion of the full feature set by the end of 2026. A mainnet rollout is planned for 2027, contingent on governance approval.
To make sure the new engine behaves exactly like the old one, Aptos has set out plans for differential testing and formal verification against the legacy AptosVM. Differential testing feeds identical inputs to both engines and flags any mismatch. Formal verification uses mathematical proofs to confirm the code does what it claims.
The redesign is also meant to stay within Move’s resource-oriented safety model while adding runtime checks. Move treats digital assets as resources that cannot be copied or accidentally destroyed.
What this means for Aptos and onchain trading
The benchmark choice says a lot about where Aptos is aiming. Collateral withdrawals, vault requests, perpetual market orders, and order placements are the core plumbing of onchain derivatives and trading venues.
Several risks deserve attention. The 55x figure is an upper bound from internal tests on one application’s replayed transactions, not an independent audit. Production conditions could look different once the full feature set, including gas metering and reentrancy protection, adds its own overhead.
Feature completeness by the end of 2026 is a target, not a guarantee.
Watchers have a few concrete milestones to track. One is the pace of MonoMove pull requests through 2026. Another is whether parallel execution support lands on schedule. A third is the results of differential testing against the legacy AptosVM. The final checkpoint is the governance proposal that would bring MonoMove to mainnet in 2027.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Nvidia’s valuation lead over Apple stretches toward $1 trillion
The AI chipmaker now sits nearly a trillion dollars clear of the iPhone maker in the race for the world's most valuable company Nvidia is now worth so much more than Apple that the …
The AI chipmaker now sits nearly a trillion dollars clear of the iPhone maker in the race for the world's most valuable company
Nvidia is now worth so much more than Apple that the gap alone would rank among the largest companies on the planet. A widely circulated post on X put the difference at $1 trillion.
Market data as of October 6, 2026 shows Nvidia at approximately $5.786 trillion and Apple at $4.889 trillion. That works out to a gap of about $897 billion.
How the numbers stack up
Nvidia holds the title of the world’s most valuable company. The engine behind it is artificial intelligence. Nvidia’s chips power the data centers that train and run AI models, and demand for that hardware has been relentless.
That demand shows up in the revenue line. Nvidia reported more than $96 billion in revenue in a recent quarter, representing growth of more than 100% year over year.
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Nvidia’s stock trades at a forward price-to-earnings ratio of around 15-17 times.
Apple’s stock was up 22% year to date in 2026, lifted by demand for iPhones and its services business.
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A rivalry with plot twists
Nvidia first overtook Apple in mid-2025. A few months later, in October 2025, it became the first company ever to reach a $5 trillion market cap.
In July 2026, Apple briefly reclaimed the crown, reaching a market cap close to $4.95 trillion versus Nvidia’s $4.76 trillion. Nvidia then retook first place and has since pulled ahead by a wide margin.
Nvidia’s market capitalization sat below $20 billion in 2015. Apple has reached the $1 trillion, $2 trillion and $3 trillion marks in market value.
What this means for investors
The July 2026 flip showed that investor preference for Apple’s steadier profile can matter, at least temporarily.
That relatively modest forward P/E of around 15-17 times suggests the market is not pricing in endless hypergrowth. It also means the stock’s performance depends heavily on earnings estimates proving accurate, so any slowdown in AI spending could ripple through quickly.
CRYPTO
CryptoSlate
07 Oct 2026 · 10:45
Ethereum bears keep selling but ETH stays near $2,700 as US spot ETFs record $206 million in outflows
Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows …
Ethereum’s institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure. US spot ETH exchange-traded funds recorded $50.76 million of net outflows on Oct… Ethereums institutional demand is weakening around the same time derivatives positioning shows traders are selling aggressively without yet breaking the broader price structure.
US spot ETH exchange…
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
China’s crypto rollout could trigger Bitcoin supercycle, says Solana Company CEO
Joseph Chee argues a managed reopening of mainland crypto access could unleash a new cycle, with Hong Kong serving as Beijing's test lab A former UBS Asia investment bank chief thinks the biggest swing …
Joseph Chee argues a managed reopening of mainland crypto access could unleash a new cycle, with Hong Kong serving as Beijing's test lab
A former UBS Asia investment bank chief thinks the biggest swing factor for Bitcoin might not be in Washington or on Wall Street. It might be in Beijing.
Joseph Chee, now CEO of Solana Company, said that China reopening crypto trading and widening its use of blockchain could set off a new supercycle for digital assets. He sees Bitcoin as a particular beneficiary. His condition is a big one, though: the risks have to be managed well.
What Chee actually said
Chee made the remarks on CNBC’s Squawk Box Asia on October 6, 2026. His core argument was about scale. If the mainland reopens access, demand from China’s massive user base could be significant.
The key word in his framing is “if.” Chee tied any supercycle to effective risk management. He did not describe a done deal or a timeline. He described a scenario that depends on how carefully Beijing handles the opening.
That nuance matters. The online summary of his view leaned more confident, saying the rollout “will” trigger a supercycle. On air, the argument was conditional: a reopening could spark one, provided the risks are contained.
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He also made a point about geography. According to Chee, Beijing is using Hong Kong as a testing ground. The city lets policymakers experiment with how to handle digital asset adoption and trading before anything reaches the mainland.
One clarification is worth making. UBS itself was not linked to the comments. Chee was speaking in his current role, and his UBS background is part of his résumé rather than part of the message.
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Why Hong Kong keeps showing up in this story
Mainland China has kept strict limits on crypto trading in place since September 2021. That crackdown effectively walled off one of the world’s largest pools of potential crypto users from the market.
Hong Kong took a different path. The city has been building out regulatory frameworks that make it far more welcoming to digital assets than the mainland.
Two areas stand out. Hong Kong has developed licensing frameworks for stablecoin issuers, the companies that mint tokens pegged to traditional currencies. It has also launched pilot projects for tokenizing real-world assets.
Chee’s thesis connects these efforts to a larger plan. If Hong Kong’s rules work, they could become a template for gradual policy experiments on the mainland.
What this means for Bitcoin and the broader market
For investors, the bull case is simple to state. A reopened China could mean a wave of new capital and trading activity flowing into Bitcoin and other digital assets. Access to one of the world’s largest potential markets would be restored after years of restrictions.
The bear case is just as simple. None of this has happened. Chee described a potential reopening, not an announced one. The mainland’s 2021-era limits remain the reality on the ground.
The more useful signal to watch is Hong Kong itself. How its stablecoin licensing regime performs, and whether its tokenization pilots produce real results, will likely shape how Beijing views any broader move.
For the wider industry, the stakes go beyond price. Stablecoin issuers and tokenization firms have a direct interest in how Hong Kong’s frameworks develop. Firms that establish themselves under those rules may be best positioned if the mainland eventually follows Hong Kong’s lead.
Chee’s own position is worth noting too. As CEO of Solana Company, he runs a business with a direct stake in digital asset adoption. That does not make his analysis wrong, but readers should weigh it accordingly.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Winklevoss files for spot Zcash ETF with US SEC
The proposed fund would hold ZEC directly with Gemini as custodian, joining Grayscale and Bitwise in pursuing US spot Zcash products. Winklevoss Asset Services has filed a preliminary S-1 registration statement with the US …
The proposed fund would hold ZEC directly with Gemini as custodian, joining Grayscale and Bitwise in pursuing US spot Zcash products.
Winklevoss Asset Services has filed a preliminary S-1 registration statement with the US Securities and Exchange Commission for a spot Zcash exchange-traded fund, according to a filing submitted Tuesday.
The proposed Winklevoss Zcash ETF would hold ZEC directly, use Gemini Trust Company as custodian and charge a 0.25% annual sponsor fee. The fund is expected to list on Nasdaq under the ticker WINK.
Winklevoss Asset Services, a newly formed entity, would sponsor the fund. The trust has also entered into an agreement with Cypherpunk Technologies to serve as its “Zcash Ecosystem Partner,” assisting with areas including protocol developments and coinholder polling.
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The filing marks the latest push to bring Zcash exposure to US public markets. Grayscale launched the first US spot Zcash ETF, ZCSH, in August, attracting more than $233 million in inflows and reaching nearly $890 million in net assets within its first month.
Bitwise has also filed for a Zcash ETF, making Winklevoss the third issuer pursuing such a product.
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The Winklevoss filing would also undercut Grayscale on fees. The proposed fund carries a 0.25% sponsor fee, compared with the 2.5% fee charged by Grayscale’s ZCSH.
Winklevoss Capital Fund has indicated nonbinding interest in purchasing up to $100 million of shares in the proposed ETF through affiliates, either from authorized participants or in the market. The filing notes that the firm could ultimately buy more, less or none of that amount.
The proposal extends the Winklevoss brothers’ longstanding involvement with Zcash. Gemini was the first licensed exchange to support ZEC trading and custody, while Winklevoss-backed Cypherpunk has built a sizable ZEC treasury and mining operation.
The filing comes roughly 13 years after Cameron and Tyler Winklevoss submitted one of the earliest applications for a US spot bitcoin ETF, which the SEC later rejected in 2017 over concerns about market manipulation.
ZEC was trading around $1,350 at the time of publication, up roughly 2% over the past 24 hours, but remains about 20% below its all-time high of nearly $1,700 reached in late September.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Saudi coalition intercepts Houthi missile targeting Khamis Mushait
The Saudi-led coalition announced that it successfully intercepted and destroyed a ballistic missile launched by Yemen’s Houthi forces aimed at Khamis Mushait, a city in southern Saudi Arabia. This incident marks a continuation of …
The Saudi-led coalition announced that it successfully intercepted and destroyed a ballistic missile launched by Yemen’s Houthi forces aimed at Khamis Mushait, a city in southern Saudi Arabia. This incident marks a continuation of escalating tensions between the coalition and the Houthi movement, which resumed its missile and drone attacks following a period of relative calm after the 2022 UN-brokered truce. According to coalition spokesperson Maj. Gen. Turki al-Maliki, the interception resulted in no casualties or significant damage, although debris from previous similar incidents had caused minor damage in the area. The coalition’s military readiness to counter such threats appears to be a deterrent against further Houthi advances.
Key Takeaways
The successful interception of the Houthi missile appears to demonstrate Saudi Arabia’s military capabilities and readiness.
This development suggests a potential decrease in the likelihood of Houthi forces entering Aden by the end of October, as indicated by market pricing.
Current market pricing reflects a moderate decrease in the probability of a Houthi advance into Aden, with odds for entry by October 31 at 11.5% YES.
What to Watch
Future developments in the Houthi-Saudi conflict could further influence market perceptions regarding the likelihood of Houthi forces entering Aden. Key indicators to monitor include potential changes in military tactics by both the Houthis and the Saudi-led coalition, as well as any signs of diplomatic negotiations. Market participants will likely pay close attention to any significant military actions or statements from key actors such as Abdul-Malik al-Houthi and Saudi Crown Prince Mohammed bin Salman. A continued pattern of successful interceptions by Saudi forces could further decrease the perceived likelihood of Houthi advances.