By Omkar Godbolole (all time and unless otherwise indicated)
Bitcoin It remains in an upward trend, despite the setback during the night. The largest cryptocurrency in the world is on fire, since almost 10% has been recovered in a week.
While the buzz around BTC is natural, other subsectors, such as real world assets (RWAS), light up and deserve attention.
On Monday, Ondo Finance, one of RWA’s five projects for market value, announced the acquisition of Oasis Pro, an American firm with complete SEC corridor agent, ATS, ATS and transfer agents.
The acquisition allows Ondo to offer compatible tokenized securities products in the United States, including the issuance, trade and management of tokenized assets as actions, corporate debt and structured products. The Token Ondo increased almost 5% to 96 cents, while continuing to operate well below its December 2024 of $ 2.14.
In a parallel development, the block chain of layer 2 centered on RWA, Plume Network, said the SEC has registered it as a transfer agent.
The license allows the plume to administer the digital values ​​and records of shareholders directly in the chain, which supports interoperability with the US Depository Trust & Clearing Corporation (DTCC) settlement. The native token (plume) of the network increased 25% to more than 12 cents in the ad.
Taken together, these ads indicate that the digitalization and tokenization of traditional assets are gaining regulated traction, closing the gap between traditional finances and blockchain innovation.
In other news, the Ark de Venture Fund by Cathie Wood invested around $ 10 million in Securitize, a tokenization firm backed by Blackrock. The stake makes it the eighth largest possession of ARK.
Speaking of the market perspective, the lower resistance path for BTC remains on the upper side, backed by ETF tickets. However, there is an interesting point to take into account: each of the ETFs of times previously obtained $ 1 billion or more in one day or two, the price of Bitcoin put an interim upper part and subsequently corrected lower, according to Coindesk James Straten analyst.
In addition, the dollar index, which tracks the value of the green back against important currencies, remains resistant despite the discussions of faster Fed features in the context of the closure of the United States government.
A possible rally in the backback could weigh on cryptocurrencies and gold. The latter is closing rapidly in the $ 4,000 mark, a rally that is concerned about Citadel. Stay alert!
What to see
For a more complete list of events this week, see the “Cryptocurrency Week” of Coindesk.
- Crypto
- Macro
- October 7, 10:05 am: Vice President of Supervision Fed for Supervision Michelle W. Bowman offers welcoming comments at the Community Banking Conference of 2025, St. Louis, Mo. Watch Live.
- October 7, 10:30 am: Conversation with the governor of the Fed Stephen I. They look at the policy perspective of the Association of Management Funds (MFA) 2025 in New York. Look live.
- Earnings (Estimates based on data data)
Token events
For a more complete list of events this week, see the “Cryptocurrency Week” of Coindesk.
- Government votes and calls
- Gnosis Dao is voting on GIP-138 to finance Nodesentinel, a validating monitoring tool used by 94 operators for 60k+ validators. The vote ends on October 7.
- You unlock
- Lanza Token
- October 7: Kgen (KGEN) will be listed in Binance, Mexc, Bingx, Kucoin and others.
- October 7: Klink Finance (Klink) that will be listed in Binance, Kucoin and others.
Conferences
For a more complete list of events this week, see the “Cryptocurrency Week” of Coindesk.
Token talk
By Oliver Knight
- The Token XPL of Plasma shrugged the negative feeling of last week, increasing by more than 11% as it approaches the $ 1.00 mark after sliding to $ 0.87 on Monday.
- The project fought against criticism about the alleged tokens sales of the founding team, a founder of Claims Paul Faecks firmly refuted last week.
- There were also complaints about the plasma equipment after the links to the layer 2 less impressive network explosion.
- “From our 50 team, three spent time on Blur or Blast,” Faecks wrote in X. “The members of our team also come from Google, Facebook, Square, TeMek, Goldman Sachs and Nuvei.
- Now, with the negative feeling in the Plasma Rearvisor mirror, the stablecoin -centered block chain is beginning to find its rhythm, reinforced for $ 5.1 billion in total blocked value (TVL), $ 1.2 billion of which is located in the protocol of the plasma savings vault.
- Attention at Token Xpl is also increasing as the daily negotiation volume increased by more than 90% on Tuesday to $ 5 billion.
Derivative positioning
- BNB is leading the growth of future interest in open interest in most important tokens, including Bitcoin, a sign of continuous capital entries in the market.
- A worrying signal: OI in Fartcoin Token not serious has increased by more than 12% in the last 24 hours. That typically represents the foam, often observed in the interim market.
- Volatility in XRP can increase, since the open interest in the perpetuals called in USDT and USDT that appears in the main exchanges has increased to 938 million XRP, the highest level since the end of July.
- Although BTC looms near records, the market does not seem overheated. Annualized financing rates most tokens, including memecoras, remain in about 10%.
- In the CME, BTC Open Interest has seen a modest rebound at three weeks, but remains well below 211k BTC in December last year. Meanwhile, Ether OI has reached a record of 2.2 million ETH.
- In Delibit, merchants chase the BTC Toro calls spreads, and some take profits in long call positions and move towards the most strike bets. In general, calls still seem cheap in relation to puts.
Market movements
- BTC has dropped 0.84% ​​from 4 PM ET on Monday to $ 124,220.89 (24 hours: +0.27%)
- ETH has dropped 0.17%to $ 4,683.25 (24 hours: +2.58%)
- COINDESK 20 has dropped 1.09% to 4,360.28 (24 hours: +0.43%)
- The reference rate composed of Ether Ether Cesr rises 3 PB to 2.85%
- The BTC financing rate is at 0.0076% (8,3132% annualized) in Binance
- DXY has risen 0.34% to 98.44
- Gold futures have not changed at $ 3,978.10
- Silver futures have dropped 0.57% to $ 48.17
- Nikkei 225 closed without changes at 47,950.88
- Hang Seng closed 0.67% to 26,957.77
- Ftse has not changed to 9,479.43
- Euro Stoxx 50 does not change to 5,627.61
- Djia on Monday closed 0.14% to 46,694.97
- S&P 500 closed 0.36% at 6,740.28
- The Nasdaq compound closed 0.71% to 22,941,67
- The S&P/TSX compound closed 0.2% to 30,531.88
- S&P 40 Latin America closed 0.86% to 2,877.42
- The US 10 -year treasury rate increases 0.6 PB by 4,168%
- E-mini s & p 500 futures have not changed to 6,785.25
- E-mini nasdaq-100 futures have not changed to 25,186.00
- The average E-mini Dow Jones Industrial Industrial has dropped 0.17% to 46,878.00
Bitcoin statistics
- BTC domain: 58.82% (-0.17%)
- Bitcoin ether ratio: 0.03768 (0.29%)
- Hashrat (seven -day mobile): 1,022 eh/s
- Hashprice (spot): $ 52.18
- Total rates: 4.41 BTC / $ 550,867
- CME Futures Open Interest: 147,835 BTC
- BTC with a gold price: 31.2 oz
- BTC vs Gold Market Cap: 8.80%
Technical analysis
- ETH increased to $ 4,740, marking an upward break of a consolidation against trend identified by trends that connect on August 24 and September 13.
- The rupture points to the resumption of the broader bullish trend and the scope of the maximum record.
- On the negative side, the minimum of Monday of $ 4,489 is the level to overcome the bears. That would invalidate the bullish rupture.
Cryptographic equities
- Global Coinbase (COIN): closed Monday at $ 386.07 (+1.59%), -1.44% at $ 380.51 in the previous market
- Internet Circle (CRCL): closed at $ 148.51 ( +1.87%), +1.96% at $ 151.42
- Galaxy Digital (GLXY): Closed at $ 38.84 ( +7.41%), +2.70% at $ 2.70%
- Bullish (BLSH): closed at $ 68.79 (+6.14%), -0.36% at $ 68.54
- Mara Holdings (Mara): closed at $ 20.57 (+9.3%), -1.12% at $ 20.34
- Riot Platforms (Riot): closed at $ 21.56 (+10.91%), -0.42% at $ 21.47
- Core Scientific (Corz): closed at $ 17.91 ( +0.51%), +0.28% at $ 17.96
- CleanSTark (CLSK): closed at $ 17.43 ( +9.35%), +0.75% at $ 17.56
- COINSHARES VALKYRIE BITCOIN MINERS ETF (WGMI): closed at $ 52.29 ( +8.51%), +1.36% at $ 53.00
- Exodus movement (exod): closed at $ 31.7 (+5.46%), -3.03% at $ 30.74
Crypto Treasury Companies
- Strategy (Mstr): closed at $ 359.69 (+2.29%), -1.58% at $ 354.00
- Semler Scientific (SMLR): closed at $ 30.75 (+0.62%)
- Sharplink Gaming (Sbet): closed at $ 19.24 (+5.83%), -0.73% at $ 19.10
- UPEXI (UPXI): closed at $ 7.7 (+3.49%), -2.6% at $ 7.50
- LITE STRATEGY (LIT): Closed at $ 2.6 (+1.56%), -0.77% at $ 2.58
ETF flows
Spot BTC ETFS
- Daily net flow: $ 1,190 million
- Cumulative net flows: $ 61.20 billion
- Total BTC holdings ~ 1.34 million
Spot Eth Ethfs
- Daily net flow: $ 176.6 million
- Cumulative net flows: $ 14.61 billion
- Total eth holdings ~ 6.75 million
Source: Farside Investors
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