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.

Last week, Bitcoin spot ETFs recorded net inflows of $241 million, with IBIT leading at $450 million and historical cumulative net inflows of $65.730 billion; ARKB recorded weekly net inflows of $25.5222 million, bringing its cumulative total to $1.40 billion. On the outflow side, FBTC recorded weekly net outflows of $168 million. As of press time, total net assets stood at $108.890 billion, the net asset ratio was 6.42%, and historical cumulative net inflows totaled $5.779 billion.

According to monitoring by Odaily Meme Express, “China Dragon” on BSC has surpassed a market capitalization of $690,000. Some users refer to it as a concept token based on the “BSC Chinese Space Station mascot,” while others call it “Asteroid on BSC” and “China’s mascot.” Meme Express uses Odaily’s exclusive AI model to screen trending assets. The content is based on publicly available information and does not constitute investment advice. Users should conduct their own research and be aware of the high volatility risks of meme coins.

ME News reported that NFT whale Pranksy posted on X, saying “BAYC ruined NFTs,” arguing that projects like BAYC have obscured the technology behind NFTs, that the public now only sees NFTs as ape projects, and that the market is flooded with copycat projects. Greg Solano responded that Pranksy had previously sold BAYC assets he believed could be extremely valuable for millions of yuan, and accused him of promoting copycat projects. He also said that Pranksy had founded multiple NFT companies, which have since been removed from his bio, emphasizing, “Either be the change you want to see, or enjoy the wealth of BAYC.”

ME News reported on October 5 that well-known BTC-focused quantitative trader Killa predicts Bitcoin will break its all-time high between April 26 and August 2, 2027. An accompanying chart comparing historical cycles shows that the time between the 2022 and 2026 bottoms has shortened, suggesting an accelerated cycle, with a new high potentially being reached as early as May to July 2027. Killa previously predicted the market top in 2025 and has more than 200,000 followers on X. He shorted Bitcoin at $74,688 in late April and switched to a long position during the sharp drop on June 5. Source: ChainCatcher.

ME News, October 5 (UTC+8) — Prediction market data shows that trading volume for “Atlanta Braves vs. Los Angeles Dodgers” reached $2.3M over the past 24 hours, with market participation increasing significantly.

ME News reports that gold rose during the Asian session on October 5. Société Générale noted that weaker-than-expected U.S. personal consumption expenditure data in late September could curb bets on a Fed rate hike in October. Market pricing shows the probability of an October move at around 40%, providing initial support for gold prices. Gold appears to be caught in a tug-of-war, with structural buyers, including central banks and ETF inflows, facing macro headwinds such as a stronger U.S. dollar and rising interest rates.

ME News, October 5 (UTC+8) — According to CoinMarketCap market data, BNB has surpassed $800 and is currently quoted at $800.7, with a 24-hour increase of 1.7%. (Source: CoinMarketCap)

Zcash advocacy organization PGPZ filed a lobbying registration in Washington on October 1. Its sole lobbyist is Executive Director Divij Pandya, and its issues include the CLARITY Act and two digital asset tax proposals. PGPZ was established in June as a spin-off of Electric Coin Co.’s Pretty Good Policy for Crypto. Founder Paul Brigner said the organization aims to pursue serious, credible policy engagement in Washington. In August, it received $750,000 in funding from Zcash Community Grants for its first year of work.

ME News, October 5 (UTC+8) — The extended filing deadline for individual federal income tax returns for the 2025 tax year in the United States is October 15. The U.S. Internal Revenue Service (IRS) stipulates that this deadline applies to taxpayers who previously requested an extension and is not a new deadline specifically for crypto assets. The extension only extends the tax filing deadline, not the tax payment deadline. For digital asset transactions in 2025, Form 1099-DA provided by brokers may not include the cost basis. Taxpayers must still calculate the relevant gains or losses themselves and report them as required. (Source: PANews)

10/5, ME News reported: If they previously requested an extension, U.S. digital asset holders must file their 2025 federal tax returns by 2026-10-15; the extension applies only to filing, and any taxes owed must still be estimated and paid by 2026-04. Unpaid balances will accrue interest and late-payment penalties. Brokers have reported 2025 transaction income on Form 1099-DA, but the cost basis may be incomplete. In September, the Senate failed to advance the CLARITY Act by a 49-50 vote. The SEC/CFTC will continue developing rules on issues such as trading and custody without waiting for Congress. The penalty for late filing is 5%-25% per month, with a minimum penalty after 60 days.

ME News, October 5 (UTC+8) — Prediction market data shows that “Jaguars vs. Bengals” reached a 24-hour trading volume of $2.5M, with market participation increasing significantly.

ME News reports that Aptos Governance Proposal 206 would enable ChunkyDKG V1 in full mode and encrypted_transactions, hiding transaction contents through distributed key generation before consensus ordering. Validators would collaborate to decrypt them, reducing front-running and MEV risks. Voting ends on October 6. Approval currently stands at nearly 100%, but voter participation is only 2.69%, still below the 24.8% quorum threshold.

ME News, October 5 (UTC+8) — S&P Global Ratings has launched a risk assessment framework for on-chain lending vaults. Deposits in this sector have now reached $10 billion, up from $1.5 billion two years ago. The framework will assess credit, liquidity, vault manager, blockchain, protocol, security, and governance risks. It will subsequently conduct assessments of the first batch of vaults. (Source: ODAILY)

ME News, October 5 (UTC+8) — Prediction market data shows that the “Chiefs vs. Raiders” market saw trading volume reach $3.0M over the past 24 hours, with market participation increasing significantly.

ME News, October 5 (UTC+8) — Prediction market data shows that the “Broncos vs. 49ers” market reached $4.9M in trading volume over the past 24 hours, with market participation increasing significantly.

ME News, October 5 (UTC+8) — Prediction market data shows that in the prediction on whether Flávio Bolsonaro will win the 2026 Brazilian presidential election, the probability of the “win” option rose from 60.1% to 85.5%, an increase of 25.4 percentage points in a single day.

ME News, October 5 (UTC+8) — Prediction market data shows that the “Cardinals vs. Giants” market reached $2.6M in trading volume over the past 24 hours, with market participation significantly increasing.

ME News reports that on October 5 (UTC+8), according to CoinMarketCap data, BTC broke above $86,000 and is currently quoted at $86,034, up 0.9% over the past 24 hours. (Source: CoinMarketCap)