Peter Brandt Flags Stellar (XLM) as Long-Shot Crypto Bet 
Crypto Lobbying Hits $13M as Clarity Act Stalls 
QNT Whales Move $10M to Exchanges After 400% Rally 
WordPress Malware Uses Ethereum to Evade Removal 
Robinhood Stock Nears $114 as Jobs Data Boosts Risk Appetite 
Cardano Price Struggles as NIGHT Token Surges 20% 
NEAR Intents Hack Drains $3.8 Million, NEAR Price Falls 7.5% 
Bitwise Launches NEAR ETF as $562 Bull Case Fuels AI Crypto Buzz 
Citi Raises Bitcoin Target to $113,000 as Crypto Outlook Improves 
Ethereum Price Eyes $3,000 as Fed Rate Hike Odds Drop 
XRP Rises as Evernorth Merger Vote Clears Key Nasdaq Hurdle 
Hyperliquid Sets $856 Million HYPE Token Unlock for October 
Evernorth Set for Nasdaq Debut With 473 Million XRP Treasury 
Midnight NIGHT Token Surges 86% as Smart Contract Launch Nears 
Bitcoin Futures Open Interest Plunges 49,000 BTC in Biggest Drop Since 2025 
Add as a preferred source on Google
Bitcoin ended the third quarter with a 42.71% gain, while September broke its historically weak pattern with a 6.33% increase, according to CoinGlass. The strong performance puts attention on “Uptober,” a month that has historically delivered an average Bitcoin return of 18.52% and recorded only three negative closes.
However, Bitcoin’s bullish seasonality comes as the cryptocurrency industry faces growing security and financial risks. Hackers stole $766.49 million from crypto companies in September, a 462% increase from August, highlighting mounting pressure on digital asset infrastructure.
BitMart has also acknowledged in court that it is insolvent, disclosing a $319.5 million balance-sheet deficit that had allegedly remained concealed since 2021. Following panic withdrawals, affected customers are expected to receive Restitution and Continuum tokens under the exchange’s recovery plan.
Elsewhere, MetaMask suffered an incident in which rewards from 18 validators were redirected. The Grayscale Zcash ETF recorded $30.25 million in outflows, while ZEC liquidations reached $14.55 million.
Regulatory uncertainty is another issue facing crypto markets. SEC Commissioner Hester Peirce is leaving the agency on October 2, reducing the commission to two sitting members ahead of the October 20 comment deadline for the Regulation of Crypto Assets.
Traders are now watching whether Bitcoin can defend the $82,000-$83,000 range after ETF outflows, with U.S. Treasury yields above 5.3% and the dollar remaining strong. Other key developments include confirmation of Ripple’s re-escrow of most of its 1 billion XRP release, Bitget reopening withdrawals and BitMart’s largest clients responding to its restructuring proposal.
On-chain activity is also attracting attention, including Robinhood Chain volumes above $2 billion and more than 80% XRPL validator support for Permission Delegation and Batch amendments.
October began without a major shift in market conditions. Bitcoin’s attempt to break $85,000 stalled amid bond-market pressure, but XRP-related developments—including a $15 billion RWA pilot with CSD BR, Cryptex ETF inclusion and 10 million AI-agent payments through t54—are keeping attention on blockchain fundamentals as crypto markets enter historically strong Uptober territory.
