MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

BitMine Chairman Tom Lee said that ahead of last week’s nonfarm payrolls report, the market broadly expected the Federal Reserve to remain hawkish and raise interest rates three more times this year, with the probability of an October hike at around 75%. He predicted that inflation would decline over the next six months due to disruptions from special factors, giving the Fed room to slow the pace of rate hikes and allowing U.S. Treasury yields to return to normal. The strength of technology stocks and Bitcoin is viewed as a signal, as risk assets cannot sustain a prolonged rally in a tightening environment. The current market appears to have already priced in a shift toward looser financial conditions.

According to Coinglass, as Bitcoin strengthens, perpetual contract funding rates on mainstream CEXs/DEXs indicate that bearish market sentiment has eased significantly. Funding rates are a mechanism for exchanging long and short funds to balance the prices of contracts and their underlying assets, and platforms do not charge fees. The funding rate baseline is 0.01%; rates above this indicate bullish sentiment, while rates below 0.005% indicate bearish sentiment. Source: ChainCatcher.

ME News, October 5 (UTC+8) — Prediction market data shows that “Lion vs. Panther” reached a trading volume of $7.9M over the past 24 hours, with market participation increasing significantly.

CoinShares’ latest survey shows that the percentage of affluent investors holding digital assets ranges from 54% to 70%, and existing holders have a strong inclination to increase their holdings in 2026. At least 85% of current investors across the five markets plan to increase their holdings, with the figure reaching 91% in the United States, the United Kingdom, and Germany, compared with 78% in Switzerland and 71% in Sweden.

ME News reported on October 5 (UTC+8) that the U.S. Treasury Department announced sanctions against a member of Hamas’s military wing, two French nationals, and two charitable organizations, accusing them of raising more than $2 million for Hamas over a six-year fundraising campaign through cryptocurrency and so-called humanitarian donations. The Treasury Department said that Faouzi Barika and Amel Oualid raised funds in France under the guise of humanitarian aid and subsequently transferred the funds to Hamas. The network raised more than $2 million between 2020 and 2026, of which $1.5 million was raised after Hamas’s attack on Israel on October 7, 2023. The two also provided funds to Saleem Abdallah Saleem in Gaza

Greek prosecutors have charged a cryptocurrency Ponzi scheme in which approximately 10,000 investors were defrauded of about $8 million. Nine suspects, including two Greek military personnel, are under investigation, and police have arrested 17 people. The organization operated as a Ponzi scheme, recruiting through local civic groups and promising to double investors’ funds. A 44-year-old man, head of the Katerini Association of Artificial Intelligence Enthusiasts, was remanded in custody, while six others were released on bail ($15,000–$20,000). The minimum investment was €800, while VIP membership required €5,000. The Katerini area is estimated to have recruited 1,842 members, involving approximately €2 million.

Metaplanet CEO Simon Gerovich disclosed on X that the company sold and repurchased Bitcoin during the third quarter, resulting in a net increase of approximately 1,000 BTC. As of September 30, Metaplanet held 44,000 BTC, ranking as the world’s second-largest publicly listed Bitcoin treasury. The company also launched a net interest income strategy aimed at establishing recurring revenue and reducing capital costs. In October 2024, its holdings increased to 1,018.17 BTC, making it Asia’s second-largest corporate Bitcoin holder.

Morgan Stanley strategists said that earnings growth in U.S. stocks remains strong following the pullback since early summer. Valuations in capital goods and other asset-heavy sectors have recovered, while earnings expectations have been raised, creating a better investment environment. Analysts expect third-quarter earnings for the S&P 500 to increase by approximately 25% year over year, driven by AI demand, capital expenditures by cloud computing giants, and a resilient macroeconomic environment.

Metaplanet announced a net purchase of 1,000 BTC in the third quarter of the fiscal year ending December 31, 2026, bringing its total holdings to 44,000 BTC as of September 30. During the same period, it sold 10,000 BTC and repurchased 11,000 BTC, demonstrating its ability to monetize its holdings, strengthening market confidence, and broadening future financing channels, including the issuance of corporate bonds and preferred stock, to further increase its Bitcoin holdings.

According to a QCP report, the macro narrative reversed within three weeks, with the consensus for an October rate hike fully priced out and expectations for a Federal Reserve pause heating up. September nonfarm payrolls increased by just 29,000, the unemployment rate was 4.2%, and wage growth was 3%, supporting an October pause; the probability of a rate hike is approximately 22%. Bitcoin is around $86,700, and Ethereum is at $2,725. The key event is the October 8 FOMC minutes, with attention on hawkish dissent and the direction of CPI pricing.

James has entered into an endorsement partnership with the prediction platform Polymarket worth approximately $15 million annually, drawing attention. There is currently no evidence of any wrongdoing. James is an endorser, not an investor, and the partnership focuses on non-NBA markets such as soccer, making it different from the Leonard case. The matter highlights the increasingly complex relationship between professional sports and prediction markets: The NBA can regulate salaries but has difficulty restricting off-court commercial dealings, while players’ information or influence could affect prediction trading. How to distinguish legitimate endorsements from potential conflicts of interest has become a new challenge.

ME News reported that on October 5 (UTC+8), Arkham posted on X that in February 2025, it identified more than 1,000 addresses belonging to Kelsier Ventures (Hayden Davis) and published the complete collection for the first time. These addresses held nearly $300 million in assets at the time, primarily LIBRA tokens; they currently hold only about $2 million. (Source: PANews)

ME News announced on October 5 that Plume launched a Plume vault backed by Fidelity Total Bond ETF FBND. FBND is the largest bond ETF managed by Fidelity, with more than $28 billion in off-chain assets under management. It is actively managed, has a 20-year track record, and primarily invests in investment-grade bonds, high-yield bonds, and emerging-market debt. According to the official announcement, this is the first step in its partnership with Fidelity, with plans to introduce other Fidelity assets in the future.

Injective Co-Founder and CEO Eric Chen said that a U.S. ETF linked to INJ could launch by 2027, ahead of expectations. The SEC website shows that two INJ-related ETF filings already exist: the 21Shares Injective ETF and the Canary Staked INJ ETF. Both were filed in 2025 and updated their S-1s in September.

On October 5, Polymarket CEO Shayne Coplan cited a post comparing Polymarket’s and Hyperliquid’s revenue and HYPE’s market capitalization, suggesting that he may share his views at the Token2049 conference. The community speculated that this was related to the POLY token, while Rollup founder Andy reposted, “POLY is coming.” According to predict.fun data, the probability of an official token being launched by 2026-12-31 is only 13%. Source: ODAILY.

As of October 4, BTC held by short-term holders over the past 30 days increased to 3.94 million BTC, up by 87,000 BTC. It has remained above the previous month’s level for seven consecutive weeks and has been positive since August 18, indicating that the amount of supply transferred over the past six months is increasing. The short-term cost basis is approximately $74,100, with unrealized gains of about 15%, essentially unchanged from last week but below the September high. The cost basis rose by approximately $1,000 from last week, as the cost of new positions increased alongside the price. If the price falls below $74,100, short-term holders will move into unrealized losses. If the 30-day position change turns negative, the amount held may contract, potentially weakening the market structure.

ME News, October 5 (UTC+8) — Prediction market data shows that trading volume for “Broncos vs. 49ers” reached $5.6M over the past 24 hours, with market participation increasing significantly.

ME News reports that, starting October 5, the three-part documentary series “The Downfall of Telecom Fraud in Northern Myanmar” premiered on CCTV, documenting the process by which public security authorities, in cooperation with relevant departments, dismantled criminal groups in northern Myanmar. The first episode reveals the telecom fraud ecosystem, the second focuses on the pursuit of fugitives across borders, and the final episode discloses the joint China-Myanmar operation in Muse and the three-nation China-Myanmar-Thailand crackdown on scam compounds in Myawaddy. It also introduces the 46-country international alliance against telecom and online fraud initiated by China.

ME News, October 5 (UTC+8) — Prediction market data shows that “Lions vs. Panthers” reached a trading volume of $7.9M over the past 24 hours, with market participation increasing significantly.

ME News reported that on October 5 (UTC+8), Hong Kong Secretary for Financial Services and the Treasury Christopher Hui said that, in response to the innovative development of financial technology, the government will submit legislative amendment proposals within this year to establish a licensing regime for virtual asset trading, custody, advisory, and management services. The Hong Kong Financial Services and the Treasury Bureau, together with the Hong Kong Monetary Authority, is also studying ways to improve the legal framework and promote stronger detection and removal of scam-related content, including content generated through the misuse of AI (artificial intelligence), by the technology, telecommunications, and other sectors. (Source: BlockBeats)