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Bitcoin rebounds as trade tensions ease and Israeli hostages are released, with buyers returning to the market after last week's cryptocurrency crash.



Yieldbasis recently completed a $5 million funding round (accounting for 2.5% of total supply) through Kraken and Legion, with a fully diluted valuation (FDV) of $200 million.

Multiple institutions predict that the bull market climax will continue in Q4, led by projects such as Monad, Meteora, Limitless, Zama, and MegaETH.



This is the most brutal liquidation day since the FTX collapse... The automatic deleveraging algorithms of centralized exchanges have wiped out $19 billion (or even more than that)...

Earned $80 million in 24 hours? On-chain investigations point to former BitForex CEO Garrett Jin.
- 02:34Ethena Labs: USDtb becomes the first federally regulated stablecoin compliant with the GENIUS ActAccording to a report by Jinse Finance, Ethena Labs has disclosed that the USDtb smart contract has been transferred to Anchorage Digital. This milestone localization initiative makes USDtb the first federally regulated stablecoin to be issued in compliance with the GENIUS Act framework.
- 02:29RWAfi layer protocol Novastro will postpone its TGE date, but it will still take place this month.Jinse Finance reported that RWAfi layer Novastro announced on Twitter that its originally scheduled TGE on October 15 will be postponed, but it will still take place this month. The team stated that last week's market crash made the original timing less ideal, so they decided to delay. In addition, the first phase of the Kaito Yapper reward snapshot (from May 13 to August 5) has been completed, and the second phase (from August 6 to October 15) will be completed tomorrow (UTC+8). The third snapshot will be conducted during the TGE week.
- 02:29Demand for Bitcoin and Ethereum put options surges as the market hedges against downside risksJinse Finance reported that after last Friday's liquidation wave, the options market shows that investors are preparing for a possible further decline in bitcoin and ethereum. Sean Dawson, Head of Research at Derive.xyz, pointed out that short-term volatility sentiment in the market is heating up, with traders buying large amounts of bitcoin and ethereum put options to hedge potential risks. Data shows that in the bitcoin market, there has been a surge in demand for put options with strike prices of $115,000 and $95,000 expiring on October 31, while call options with a strike price of $125,000 expiring on October 17 have shifted from buying to selling, reflecting a bearish short-term market sentiment. In addition, traders are also focusing on ethereum options with strike prices of $4,000 (expiring October 31) and $3,600 (expiring October 17), while a large amount of put options with a strike price of $2,600 expiring on December 26 have also been bought. Coin Bureau co-founder Nic Puckrin stated that although the recent plunge has cleared excessive leverage, bitcoin needs to break through key resistance levels to reach new all-time highs.