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On Oct 05, 2025, 10:49 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 123,000 USDT benchmark and is now trading at 123,010.726563 USDT, with a narrowed 0.67% increase in 24 hours.

Key Takeaways:BNB price surged past the $1,100 psychological barrier, hitting a new all-time high (ATH) near $1,190.Bitcoin (BTC) trades around $122,500, nearing its record of $124,457.Ethereum (ETH) remains strong at $4,505, roughly 9% below its prior peak.Institutional demand and ecosystem expansion continue to drive Binance Coin’s Q4 performance.BNB Smashes Through $1,100, Marks Fresh All-Time HighBinance Coin (BNB) extended its bullish streak on Friday, surging past the key $1,100 mark to reach a new all-time high of $1,190.35 before stabilizing near $1,175. The milestone underscores BNB’s growing dominance among major cryptocurrencies, supported by increasing institutional demand and expanding real-world utility across the BNB Chain ecosystem.Over the past 24 hours, BNB has gained nearly 7%, while weekly and monthly performance are up 21% and 39%, respectively. Its market capitalization now exceeds $163 billion, solidifying its position as one of the world’s top digital assets.The breakout above $1,100 — a long-standing psychological resistance — signals renewed investor confidence and potential entry into a new bullish cycle.Bitcoin and Ethereum Consolidate Near Key HighsWhile BNB leads the market’s momentum, Bitcoin (BTC) and Ethereum (ETH) are consolidating just below their all-time highs.Bitcoin currently trades around $122,500, roughly 1.6% below its August record of $124,457.Ethereum sits at $4,505, about 9% shy of its 2021 peak near $4,954.Both assets have rebounded sharply amid growing expectations of U.S. interest rate cuts and renewed inflows into Bitcoin ETFs, which have reignited optimism across the broader crypto market.Institutional Flows and BNB Chain Growth Fuel the RallyBNB’s recent rally has been amplified by expanding institutional participation. Notably, Kazakhstan’s state-backed Alem Crypto Fund recently added BNB to its digital asset reserves — a move that underscores increasing global confidence in the Binance ecosystem.The BNB Chain continues to attract developers and DeFi users through low fees, strong liquidity, and seamless integration across Web3 platforms. These ecosystem tailwinds are helping to elevate BNB beyond its early reputation as a mere “exchange coin,” transforming it into a core infrastructure asset in the multi-chain economy.Technical Indicators Signal StrengthFrom a technical standpoint, BNB remains firmly bullish.The RSI (Relative Strength Index) sits near 77, showing strong momentum though approaching overbought territory.The MACD indicator has formed a bullish crossover, suggesting continued buying pressure.Analysts note that sustained closes above $1,100 could keep the uptrend intact, with potential targets between $1,250 and $1,300 if momentum persists through October.Can BNB Extend Its Lead Into Q4?With its new record high and improving fundamentals, BNB enters Q4 as one of 2025’s top-performing crypto assets. Market analysts expect continued upside if exchange reserves remain low, institutional inflows rise, and BNB Chain adoption accelerates.Key support sits near $1,050, while a decisive break above $1,200 could trigger further buying. As Bitcoin flirts with its own record high, the BNB rally adds fuel to the argument that the next leg of the crypto bull market may already be underway.

Key Takeaways:Bitcoin briefly surged above $125,700 before pulling back to the $122K–$123K range.Exchange-held BTC has dropped to a six-year low as over 114,000 BTC (≈$14B) left centralized exchanges in two weeks.The rapid supply drain signals rising long-term conviction among holders and institutions.Bitcoin’s Rally Pauses Below $123KBitcoin’s powerful October rally took it to a new all-time high above $125,700 over the weekend before settling near $122,500 today. The milestone extends Bitcoin’s remarkable recovery since late September, when it briefly dipped below $110,000.Analysts view $126,500 as the next key resistance level. A confirmed breakout above that range could trigger accelerated upside momentum toward new price discovery zones.Exchange Balances Sink to Multi-Year LowsThe total amount of Bitcoin held on centralized exchanges has plunged to around 2.83 million BTC, the lowest level since mid-2019. Some data providers estimate balances as low as 2.45 million BTC, marking a seven-year trough.More than 114,000 BTC — worth over $14 billion — has left exchange wallets over the past two weeks. Such steep outflows usually indicate that investors are moving their coins into long-term storage or institutional custody rather than preparing to sell.When fewer coins remain on exchanges, the available supply for trading shrinks — often tightening liquidity and increasing the likelihood of sharp price reactions to buying pressure.Signs of a Supply Crunch EmergingSeveral industry figures have noted that liquidity is thinning across major trading venues. Some over-the-counter desks reportedly face limited spot inventory as institutional buyers absorb supply faster than miners and exchanges can replenish it.At the current pace of withdrawals, analysts warn that any spike in demand — whether from ETFs, macro catalysts, or institutional funds — could amplify volatility and drive prices higher.Uptober Momentum BuildsDespite short-term consolidation, Bitcoin remains on track for a strong start to “Uptober,” a historically bullish month for the crypto market. With exchange reserves at multi-year lows, miner issuance tightening, and ETF inflows accelerating, market participants are watching closely for a decisive break above $126K that could set the stage for Bitcoin’s next leg higher.

On Oct 05, 2025, 10:32 AM(UTC). According to Binance Market Data, BNB has crossed the 1,160 USDT benchmark and is now trading at 1,160.390015 USDT, with a narrowed 0.38% increase in 24 hours.

According to ChainCatcher, 10x Research posted on X that Bitcoin exchange balances have fallen to their lowest levels in six years, indicating a rapid depletion of supply. The firm added that billions of dollars in ETF inflows and a quiet shift in institutional behavior suggest that Bitcoin’s breakout to a new all-time high may have deeper roots.

According to Foresight News, El Salvador's Bitcoin holdings have seen a substantial increase in value. Reports from Bitcoin Archive indicate that the country's cumulative unrealized gains amount to $475 million, with the total value of its Bitcoin holdings reaching approximately $775 million.

According to Foresight News, Metaplanet CEO Simon Gerovich wrote on X that Bitcoin’s new all-time highs reflect a global awakening to a monetary system that can finally be trusted — one where freedom, rather than debt, defines prosperity. 

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $4.2T, up by 0.59% over the last 24 hours.Bitcoin (BTC) traded between $121,510 and $125,708 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $123,880, up by 1.23%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include TUT, CELO, and DUSK, up by 26%, 19%, and 16%, respectively.Top stories of the day:Key Upcoming Global Economic Events to WatchFederal Reserve Likely to Cut Interest Rates in OctoberBitcoin Accumulation Trends Shift as Mid-Sized Holders Increase Holdings El Salvador's Bitcoin Holdings Show Significant GainsSolana ETP Flows Exceed $500M as CME Futures Hit Record $2.16BBlockchain Network Revenue Declines in September Amid Reduced VolatilityBNB Hits Record $1,190 as Bitcoin and Ethereum Hover Near All-Time Highs Bitcoin Retreats to $122K After Hitting $125K Peak as Exchange Balances Fall to Six-Year Low Solana Leads in Active Addresses Among Top BlockchainsMarket movers:ETH: $4570.89 (+1.68%)XRP: $3.0368 (+1.03%)BNB: $1163.38 (+0.19%)SOL: $234.73 (+2.48%)DOGE: $0.26341 (+4.17%)ADA: $0.8741 (+3.03%)TRX: $0.3427 (+0.73%)WLFI: $0.2019 (+0.10%)WBTC: $123947.9 (+1.32%)LINK: $22.81 (+3.97%)

On Oct 05, 2025, 07:56 AM(UTC). According to Binance Market Data, Ethereum has crossed the 4,600 USDT benchmark and is now trading at 4,611.47998 USDT, with a narrowed 2.62% increase in 24 hours.

Binance announced that KGen (KGEN) will be available for trading on Binance Alpha starting 2025-10-07 14:00 (UTC). Eligible users can use Binance Alpha Points to claim their airdrop on the Binance Alpha Events Page between 2025-10-07 14:00 (UTC) and 2025-10-08 14:00 (UTC).In addition, Binance Futures will launch the KGENUSDT Perpetual Contract on 2025-10-07 14:30 (UTC), offering up to 50x leverage.   

Binance announced on X that Binance Alpha will open trading for Cypher (CYPR) on October 5, 2025, at 9:00 (UTC). Once trading begins, users holding at least 200 Binance Alpha Points can claim an airdrop of 400 CYPR tokens on a first-come, first-served basis. If the rewards are not fully distributed, the points threshold will automatically decrease by 15 points every hour.Claiming the airdrop will consume 15 Binance Alpha Points, and users must confirm their claims on the Alpha Events page within 24 hours; otherwise, it will be considered a forfeiture of the airdrop.

According to Binance Market Data, Bitcoin has crossed 125,000 USDT, reaching a high of 125,877.30 USDT and marking a new all-time high.

On Oct 05, 2025, 04:47 AM(UTC). According to Binance Market Data, BNB has crossed the 1,180 USDT benchmark and is now trading at 1,181.219971 USDT, with a narrowed 0.52% increase in 24 hours.

According to the announcement from Binance, significant updates are scheduled for collateral ratios and leverage tiers affecting various assets and USD-M Perpetual Contracts. Starting from 2025-10-07 at 06:00 (UTC), Binance will adjust the collateral ratios for specific assets under Portfolio Margin. The update is expected to be completed within approximately 30 minutes. Notably, the collateral ratio for ZEC will increase from 10% to 20%. Further adjustments will occur on 2025-10-10 at 06:00 (UTC), impacting assets such as XEC, OSMO, STORJ, TLM, and LQTY, with collateral ratios decreasing to 20% and 15% respectively. In addition to collateral ratio changes, Binance Futures will revise the leverage and margin tiers for several USD-M Perpetual Contracts. These updates are set to take place on 2025-10-07 at 06:30 (UTC) and are anticipated to be completed within one hour. The adjustments will affect contracts including DAMUSDT, CUDISUSDT, XNYUSDT, HANAUSDT, XPINUSDT, YALAUSDT, BTRUSDT, AKEUSDT, ALCHUSDT, BLESSUSDT, NAORISUSDT, DOLOUSDT, VINEUSDT, A2ZUSDT, BARDUSDT, 1000SATSUSDT, JASMYUSDT, SFPUSDT, and BSVUSDT. Users are advised to monitor their positions closely as existing positions opened before the update will be affected, and futures running grid might expire due to changes in leverage and margin tiers. Binance emphasizes the importance of users monitoring the Unified Maintenance Margin Ratio (uniMMR) to prevent potential liquidation or losses resulting from these changes. The collateral ratio adjustments will directly impact the uniMMR, necessitating careful attention from users to manage their positions effectively. These updates reflect Binance's ongoing efforts to optimize trading conditions and risk management for its users.

According to BlockBeats, recent data from Coinglass indicates that after a strong rebound in the crypto market, Bitcoin is set to challenge its historical highs. Current funding rates on major centralized and decentralized exchanges suggest that the market remains neutral and has not entered an overheated phase. Funding rates are a mechanism used by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the platform charging a fee, to adjust the cost or profit of holding contracts and keep contract prices close to the underlying asset prices. A funding rate of 0.01% is considered the baseline. When the rate exceeds 0.01%, it indicates a bullish market sentiment, while a rate below 0.005% suggests a bearish outlook.

On Oct 05, 2025, 04:06 AM(UTC). According to Binance Market Data, BNB has crossed the 1,170 USDT benchmark and is now trading at 1,170.530029 USDT, with a narrowed 0.20% increase in 24 hours.

According to Foresight News, Ethereum co-founder Vitalik Buterin has published an article titled "Memory access is O(N^(1/3))," challenging the conventional understanding of arithmetic operations and memory access time. Buterin argues that while arithmetic operations such as addition, multiplication, and division for fixed-size numbers are typically considered to require a single time unit, memory access is inaccurately perceived to take the same amount of time. Buterin explains that both theoretically and practically, memory access requires O(N^(1/3)) time. For instance, if the memory size increases eightfold, the time needed for read and write operations doubles. He emphasizes that this principle has significant implications for cryptography and algorithm optimization. Buterin calls for future computational models to more accurately reflect the hierarchy of memory and physical limitations, suggesting that current models do not adequately account for these factors. His insights aim to influence the development of more realistic computational frameworks that can better address the complexities of memory access in various technological applications.

According to BlockBeats, analyst @ali_charts has indicated that Ethereum encounters minimal visible resistance after surpassing the $4,555 mark. This observation is based on the 'realized price distribution chart,' which suggests a potential for further upward movement in Ethereum's price.

According to Foresight News, data from Dune reveals that payment giant Stripe has achieved a total USDC transaction volume of $102 million across Ethereum, Base, and Polygon blockchains. Of this amount, Polygon accounts for $51 million, Ethereum for $48 million, and Base for $3 million. In September, Stripe generated over $17 million in transaction volume across all chains, with Polygon slightly leading the way.

Bitwise’s Matt Hougan Says Solana Could Become Wall Street’s Preferred Stablecoin and Tokenization NetworkKey Takeaways:Bitwise CIO Matt Hougan called Solana “the new Wall Street” due to its unmatched speed, throughput, and transaction finality.He said stablecoins and tokenization will transform global finance — a view echoed by BlackRock, the SEC, and the Bank of England.Solana’s $13.9B stablecoin supply and rapid settlement times make it a leading candidate for institutional adoption and ETFs.SOL price trades around $227, down 22% from its 2025 highs, but technicals suggest an approaching breakout setup.“Solana Is the New Wall Street,” Says Bitwise CIOBitwise’s Chief Investment Officer Matt Hougan believes Solana (SOL) is emerging as the blockchain of choice for Wall Street institutions focused on stablecoins and real-world asset (RWA) tokenization.Speaking with Solana Labs’ Akshay Rajan on Oct. 2, Hougan said major financial leaders are now recognizing the scale of disruption that stablecoins and tokenized assets will bring to traditional finance.“Really important people are saying that stablecoins will reinvent payments and tokenization will reinvent stock, bond, commodity, and real estate markets,” Hougan said.“When they look at where to build, Solana’s speed, throughput, and finality make it extraordinarily attractive.”He highlighted Solana’s settlement time improvement from 400 microseconds to 150 microseconds, describing it as a metric that resonates deeply with high-frequency trading environments used by Wall Street institutions.Ethereum Still Leads, but Solana Gains GroundAccording to RWA.xyz, Solana’s stablecoin market share has grown to 4.7%, representing $13.9 billion in tokenized stablecoins.That’s still a fraction of Ethereum’s $172.5 billion, which commands 59% of the total onchain stablecoin market — or 65% including layer-2s like Arbitrum, Base, and Polygon.Even so, analysts say Solana’s throughput advantage and growing institutional narrative make it the network to watch for the next wave of financial tokenization.Offchain Labs’ AJ Warner recently compared Solana’s total value locked (TVL) to Ethereum’s, arguing that Ethereum’s ecosystem remains stronger for now.“TVL isn’t everything,” he said, “but if you’re launching a new stablecoin, the EVM still leads.”Bitwise Expands Solana Exposure Ahead of ETF DecisionBitwise has been increasingly vocal about Solana’s potential.Last week at Token2049 Singapore, CEO Hunter Horsley argued that Solana could outperform Ethereum in the upcoming staking ETF race, citing its faster unstaking mechanism that allows funds to redeem assets faster.“ETFs need to be able to return assets on very short time frames,” Horsley said. “That’s a huge challenge for Ethereum — but not for Solana.”Bitwise already operates a Physical Solana ETP with institutional-grade custody, though it currently holds only $30 million AUM.The firm’s spot Solana ETF is still awaiting SEC approval, with a final decision due Oct. 16.Technical Analysis: SOL Price Consolidates Ahead of Key DecisionAccording to CoinDesk Research, Solana traded between $228.19 and $237.04 from Oct. 3–4, forming a tight consolidation range after several weeks of volatility.Support: $228–$229 zone (recently broken intraday)Resistance: $237.04 short-term highVolume: Peaked at 3.29M units at 17:00 UTC, then declined to 42K by closeA late-session break below $229 on rising volume indicated renewed selling pressure, possibly signaling short-term weakness.Still, analysts note that Solana’s medium-term structure remains bullish above $220, with any sustained rebound likely to retest the $250–$255 resistance zone.At press time, SOL traded around $227, down 2% on the day and 22% below its January 2025 all-time high.The Bottom LineAs institutional interest in stablecoins and tokenized assets accelerates, Solana’s ultra-fast settlement, low fees, and finality could make it a prime candidate for Wall Street adoption.If approved, Bitwise’s Solana ETF could mark a pivotal step in bridging traditional finance and blockchain infrastructure, positioning Solana at the center of the next phase of digital asset growth.