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.
CRYPTO
Crypto Briefing
06 Oct 2026 · 18:45
Bitcoin rally sets the mood as TOKEN2049 Singapore draws crypto’s biggest names
Around 25,000 attendees are expected at Marina Bay Sands as Bitcoin's rebound revives talk of a new bull market Crypto’s power players are converging on Singapore this week. They are arriving with something the …
Around 25,000 attendees are expected at Marina Bay Sands as Bitcoin's rebound revives talk of a new bull market
Crypto’s power players are converging on Singapore this week. They are arriving with something the industry hasn’t packed in a while: optimism.
TOKEN2049 Singapore 2026 runs October 7-8 at Marina Bay Sands. It lands just as a Bitcoin rally has investors whispering about a fresh bull market.
The numbers behind the gathering
The event is expected to draw approximately 25,000 attendees. They will represent more than 7,000 companies from over 160 countries.
The show floor is set to host more than 500 exhibitors. Over 300 speakers will take the stage across the two days.
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TOKEN2049 Week stretches from October 5-11 and features more than 1,000 side events.
The timing also overlaps with the Formula 1 Singapore Grand Prix.
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Bitcoin’s comeback sets the tone
Bitcoin traded at roughly $58,000 at the end of June. It has since climbed to around $86,000. That run marks the cryptocurrency’s strongest quarterly performance since late 2024.
Wall Street keeps showing up
BlackRock, J.P. Morgan, Nasdaq and Franklin Templeton are all set to be represented at the conference.
Hyperliquid CEO Jeff Yan and Polymarket CEO Shayne Coplan are on the schedule. World Liberty Financial co-founder Eric Trump is also slated to appear.
How TOKEN2049 got this big
TOKEN2049 Singapore drew around 7,000 participants in 2022. By 2025, attendance had reached a record 25,000. That is more than a threefold increase in three years.
This year’s projection of approximately 25,000 attendees would roughly match last year’s record.
CRYPTO
Pypi.org
06 Oct 2026 · 18:00
candlefeed 0.3.2
Official Python client for the CandleFeed crypto market-data API — OHLCV, funding, open interest, liquidations, basis, Deribit options across Binance, Bybit, OKX, dYdX, Hyperliquid and Huobi. Returns pandas DataFrames. A required part of this …
Official Python client for the CandleFeed crypto market-data API — OHLCV, funding, open interest, liquidations, basis, Deribit options across Binance, Bybit, OKX, dYdX, Hyperliquid and Huobi. Returns pandas DataFrames. A required part of this site couldnt load. This may be due to a browser
extension, network issues, or browser settings. Please check your
connection, disable any ad blockers, or try using a diffe…
CRYPTO
Crypto Briefing
06 Oct 2026 · 18:00
Broadcom faces scrutiny over $42B financing deal with Anthropic ahead of IPO
This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only. Observers should monitor any further disclosures from …
This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only.
Observers should monitor any further disclosures from Anthropic or Broadcom that might affect Anthropic’s IPO pricing. Regulatory actions or guidance from the SEC could also influence market expectations. Additionally, any significant updates from Anthropic regarding its financial projections or IPO timing may impact market sentiment, particularly in light of current predictions that lean towards a lower-than-expected market cap.
Broadcom is under scrutiny following the disclosure of its substantial lending relationship with AI lab Anthropic , revealed in Anthropic’s IPO documents. The relationship involves a $42 billion financing agreement, potentially convertible into Anthropic shares, raising concerns about pricing conflicts and compute access. This development adds complexity to Broadcom’s role as both a supplier and financier to Anthropic, which is slated to become Broadcom’s largest compute customer by 2027. The news has prompted a reevaluation of Anthropic’s anticipated IPO market cap.
Disclaimer
This article contains analysis of publicly available information and market data and is for informational purposes only. It does not constitute investment advice or a recommendation to buy, sell, or hold any asset or contract.
Content may include AI-assisted interpretation and may be incomplete or subject to change. Market conditions may evolve rapidly, and the timing of information may affect how it is interpreted.
Market participants may act on similar information at or around the time it becomes available. You are solely responsible for any decisions made based on this content.
For additional details, please review our full Disclaimer & Risk Disclosure.
CRYPTO
The Times of India
06 Oct 2026 · 17:45
Bitcoin price today: BTC USD nears $88,000 as short sellers pile up - will the crypto hit $93,000 next?
Bitcoin price today: Bitcoin has shown potential for rapid gains but struggles to maintain them. Today, BTC stands near $87,000, amidst rising ETF inflows and leveraged positions that could affect future price movements. Will …
Bitcoin price today: Bitcoin has shown potential for rapid gains but struggles to maintain them. Today, BTC stands near $87,000, amidst rising ETF inflows and leveraged positions that could affect future price movements. Will Bitcoin reclaim its momentum and … Bitcoin has already shown that strong buying can push it sharply higher. The harder part has been keeping the gains.Bitcoin Price Today
The cryptocurrency is now back near the level where its Septem…
MACRO & FED
Biztoc.com
06 Oct 2026 · 17:15
The Fed Won’t Turn Dovish – So, Here’s the Play
Listen to the audio version of this article (generated by AI). Why Wall Street misread Friday’s jobs report… the data weren’t dovish, they were messy… the Fed is due for a pause, not a …
Listen to the audio version of this article (generated by AI).
Why Wall Street misread Friday’s jobs report… the data weren’t dovish, they were messy… the Fed is due for a pause, not a pivot… the metal that performs well regardless of rates… how Jonathan Rose… Listen to the audio version of this article (generated by AI).Why Wall Street misread Fridays jobs report the data werent dovish, they were messy the Fed is due for a pause, not a pivot the metal tha…
CRYPTO
CryptoSlate
06 Oct 2026 · 17:15
CFTC makes its biggest move yet to bring offshore crypto trading back to the US
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for …
The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation. On Oct. 5, the financial regulatory agency opened rulemaking for Regulation Crypto … The Commodity Futures Trading Commission (CFTC) is offering US crypto exchanges a federal route to retail leverage as Congress remains stalled on market-structure legislation.
On Oct. 5, the financi…