Market News

The Bitcoin layer's co-founder returns to lead Stacks Labs after a five-year gap, and STX rallies sharply. Stacks, a layer built to bring smart-contract functionality to Bitcoin, saw its native token STX climb sharply on October 1. The rally coincided with news that Muneeb Ali is returning as CEO of Stacks Labs.

Spot Bitcoin exchange-traded funds saw strong inflows over the third quarter, coinciding with a sharp rise in the token's price. Spot Bitcoin exchange-traded funds recorded substantial net inflows during the third quarter, with figures reported at either $6 billion or $6.3 billion depending on the source.

A brief bounce tied to softer inflation data lost steam when bond yields failed to retreat. Bitcoin touched $85,500 in the wake of a softer inflation print, according to CoinDesk, before the move reversed. The initial pop came after data pointed to easing price pressures, a reading traders typically interpret as supportive for riskier assets…

A bullish indicator hit 90 out of 100 even as traders showed signs of pulling back and analysts flagged a key support level near $80,000. Bitcoin's recent upward move appears to be losing steam, according to market data cited this week.

The new fund includes staking rewards and comes with a long-term 2030 price projection from Bitwise. Bitwise has introduced the first U.S. spot exchange-traded fund built around NEAR Protocol's native token, according to reporting from TronWeekly, BeInCrypto, and Crypto News Australia.

BitMEX co-founder's bullish call contrasts with more cautious near-term price discussion elsewhere in crypto media. Arthur Hayes, the former chief executive of derivatives exchange BitMEX and a well-known commentator on macro and crypto markets, has said Ethereum's price could rally to $5,000. The comment was reported by crypto.news on September 28.

CryptoBriefing and Coinfomania both report CryptoQuant data on long-term holders exiting shallow stress, but give conflicting Bitcoin prices and disagree on whether MVRV fell below 1.0. CryptoBriefing and Coinfomania both report CryptoQuant data on long-term holders exiting shallow stress, but give conflicting Bitcoin prices and disagree on whether MVRV fell below 1.0.

Australia's central bank signals further tightening may be needed to contain inflation. The Reserve Bank of Australia has raised its official cash rate to 4.6%, according to SmartCompany. The level marks the highest point for Australian interest rates in 15 years.

Fresh institutional demand for spot ether exposure comes as another issuer's XRP fund also logs new inflows. Investors in BlackRock's spot Ethereum exchange-traded fund bought approximately $15 million worth of ether, CryptoBriefing reported. The purchase reflects ongoing demand from institutional and retail clients accessing ETH through a regulated fund structure rather than direct token custody.

Spot Bitcoin funds attracted billions in new capital as investors reacted to a US Treasury debt buyback proposal. US spot Bitcoin exchange-traded funds recorded a significant round of inflows this week. The move came after reports of a Treasury debt buyback plan circulated among investors.

A closely watched shareholder vote tied to Evernorth and fresh ETF inflow data are set to test XRP's resolve near the $1.55 level. XRP is entering a week that traders and analysts describe as pivotal, with two separate developments drawing attention.

The enterprise blockchain token's rally follows conflicting reports of a US bank deal and broader UK-US bank adoption of Quant's technology. Quant, the token behind the Overledger blockchain interoperability platform, has posted one of the sharpest gains in the crypto market this month.

Risk assets retreated after comments suggesting military action against Iran could continue. Bitcoin and Nasdaq futures fell after President Trump indicated he would not rule out further military strikes on Iran. The comments unsettled investors who had hoped recent tensions might ease. Geopolitical risk has repeatedly rattled crypto and equity markets this year.

Conflicting weekly gain figures from two outlets underscore a fast-moving rally tied to banking sector interest. Quant Network's native token QNT posted one of the sharpest moves in the crypto market this week.

Developers reportedly reorganized the chain to erase blocks tied to a flaw that let new coins be created outside protocol rules. Zano, a privacy-oriented cryptocurrency project, has reportedly rolled back approximately one month of its blockchain history to address a bug that allowed coins to be generated outside its designed monetary policy.

Rising exchange deposits raise questions about whether the altcoin rally can hold its gains. Altcoins have added roughly $371 billion in combined market value since June, according to data cited by crypto.news and AMBCrypto. The gain marks one of the more notable expansions for the broader token market outside bitcoin this year.

Both major cryptocurrencies posted strong quarterly returns, with Ethereum outpacing Bitcoin by a wide margin. Bitcoin posted a 44% gain over the third quarter, according to Bitcoin.com News. The outlet described it as the second-best third-quarter performance for the cryptocurrency on record.

Analysts point to Bitcoin's historical October strength as traders watch for a repeat performance in 2026. Bitcoin's price action heading into October has once again put the so-called 'Uptober' phenomenon in the spotlight.