[IMF approves $138M for El Salvador, waives breach of BTC accumulation cap]

The International Monetary Fund has completed its second and third reviews of El Salvador’s loan program and approved about $138 million in funding, Reuters reported. Although El Salvador did not meet the IMF’s condition limiting Bitcoin accumulation, the IMF granted an exception based on corrective measures by the authorities and renewed commitments. The IMF said El Salvador had made progress on fiscal reforms and that the economy was performing better than expected, amid improved public security and recovering investor confidence. It also cited a renewed commitment from Salvadoran authorities that they do not plan any additional Bitcoin accumulation beyond documented donations.
https://coinness.com/en/news/1170546

[SEC chairman says crypto has grown into a multitrillion-dollar asset class]

U.S. SEC Chairman Paul Atkins said the crypto market has grown from a niche segment in Bitcoin’s early years after its 2008 debut into a multitrillion-dollar asset class, while investor demand has continued to rise. The SEC on the same day formally proposed a new regulatory framework for crypto custody by investment advisers and regulated funds.
https://coinness.com/en/news/1170547

[Fed Vice Chair Jefferson says more time may be needed before deciding on another hike]

Federal Reserve Vice Chair Philip Jefferson said on Oct. 1 that inflation has remained too high for too long and that the risk of it becoming entrenched still exists, but more time may be needed to determine whether another rate hike is necessary. Jefferson emphasized that future policy adjustments should be decided through a close analysis of incoming data, changes in the economic outlook and the balance of risks.

Jefferson said U.S. economic activity and the labor market remain solid, while rising energy prices, a boom in AI investment and tariffs are all affecting the economy and should not be evaluated separately. He added that U.S. Treasury yields across maturities have risen further since the September meeting, suggesting investors are reassessing a changing macroeconomic environment, and said policymakers will continue to assess whether inflation can return to target quickly enough and what monetary policy stance is most appropriate as more data becomes available.

Nick Timiraos of The Wall Street Journal, often described as the Fed whisperer, said Jefferson's remarks suggested the Fed could wait longer before raising rates again, aligning with the existing view of New York Fed President John Williams. According to Timiraos, two of the Fed's top officials are effectively casting doubt on an October rate hike, even as investors had continued increasing bets on such a move until just a few days ago.
https://coinness.com/en/news/1170548

[Crypto fear and greed index rises to 69, signaling continued greed]

CoinMarketCap’s in-house crypto fear and greed index came in at 69, up two points from yesterday, indicating that market greed remains in place. The index signals extreme fear as it approaches zero and extreme optimism as it approaches 100. CoinMarketCap calculates the gauge based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.
https://coinness.com/en/news/1170549

[$2.63B in BTC options set to expire today]

According to Deribit, about $2.63 billion in Bitcoin options is set to expire at 8:00 a.m. UTC today. The put-to-call ratio is 1.03, and the max pain price, the level at which the largest number of option buyers lose their premium, is $82,000.

At the same time, about $320 million in Ethereum options is also set to expire. The put-to-call ratio is 1.12, and the max pain price is $2,660.
https://coinness.com/en/news/1170550

[BTC spot CVD chart at 9:00 a.m. UTC on Oct. 2]

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows a volume heatmap, while the lower section shows cumulative volume delta, or CVD.

- The volume heatmap tracks trading volume at each price level, and the background color becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter areas may act as support or resistance.
- The cumulative volume delta indicator shows buy and sell orders by capital size, and the line for each color rises as buy orders increase. The yellow line is based on orders ranging from $100 to $1,000, while the brown line is based on large orders ranging from $1 million to $10 million.
https://coinness.com/en/news/1170551

[WP: Disillusionment with Trump grows among young crypto investors]

Disillusionment is growing among young male cryptocurrency investors who had responded positively to U.S. President Donald Trump’s pro-crypto stance during the 2024 election, The Washington Post reported.

Crypto influencer Carl Runefelt said Trump had been seen as a hero by the crypto industry a few years ago but had now become the opposite. Runefelt added that crypto already carried a strong image as a scam, and that perception had hardened further after the president launched his own memecoin. The newspaper said disappointment had also deepened amid a sharp drop in the price of the TRUMP token, a strategic crypto reserve filled only with seized assets rather than new purchases, and the Trump family’s crypto businesses. At the same time, it said major crypto companies and industry figures still support Trump, while some investors view his appointment of pro-crypto officials to regulatory agencies and his enactment of stablecoin legislation positively.
https://coinness.com/en/news/1170552

[Altcoin season index stands at 55]

CoinMarketCap’s Altcoin Season Index stood at 55.

The index is calculated by comparing the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. A CoinNess analysis shows the market is considered to be in altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, and in Bitcoin season in the opposite case. The closer the reading is to 100, the stronger the altcoin season signal.
https://coinness.com/en/news/1170553

[Stablecoin issuers' U.S. T-bill holdings seen reaching $400B by 2030]

Stablecoin issuers’ holdings of short-term U.S. Treasuries could reach around $400 billion by 2030 if current growth trends continue, Cryptopolitan reported, citing the Federal Reserve Bank of San Francisco. The report said issuers have been increasing their T-bill holdings to manage reserves, and the pace of growth since 2023 has been faster than that of Japan, the largest foreign holder of U.S. Treasuries. Separately, global debt rose by $10 trillion over the past six months to a record $365 trillion, according to the Institute of International Finance.
https://coinness.com/en/news/1170554

[Fiserv launches Solana-based digital asset payments platform]

Global fintech company Fiserv has launched a Solana-based digital asset payments platform, Cointelegraph reported. Its first implementation is Roughrider Coin, a dollar stablecoin issued by the Bank of North Dakota, enabling more than 90 banks and credit unions to settle payments within seconds.
https://coinness.com/en/news/1170555

[Bitcoin may rise faster after clearing $85K sell wall: Glassnode]

Bitcoin buying pressure absorbed sell-side liquidity clustered around $85,000 on Sept. 30, Glassnode said on X. Glassnode said BTC had repeatedly tried and failed over the past week to absorb sell orders at that level, but the supply now appears to have been exhausted, with remaining sell orders likely withdrawn. With less sell-side liquidity above the current price, BTC could climb faster than before, according to the analysis.
https://coinness.com/en/news/1170556

[Upbit Indonesia access was restricted for nearly two months, NewsPim reports]

Upbit’s Indonesian exchange faced restrictions on website and app access inside Indonesia for nearly two months starting in mid-May under measures taken by local authorities, NewsPim reported.

Upbit Indonesia’s web and app services were restricted for users in Indonesia in May following action by local authorities. Dunamu said Upbit Indonesia did not suspend services on its own and that access was restricted under measures by local authorities. Indonesia’s Financial Services Authority, or OJK, is said to have required Upbit entities in South Korea, Thailand and Singapore to separate their digital infrastructure during a follow-up audit.
https://coinness.com/en/news/1170557
See more: https://www.newspim.com/news/view/20261002000197

[Coinbase says BTC profit-taking hit yearly high as spot and futures demand cooled]

Bitcoin profit-taking rose to its highest daily level this year, while spot and futures demand slowed, according to an X post from Coinbase Markets. On Sept. 22, coin holders realized profits on 25,700 BTC, the largest daily amount so far this year, the post said. Unrealized profit margins for short-term traders also reached 33%, the highest level since December 2024.

Over the past 30 days, apparent spot demand for BTC fell by 170,000 BTC, while growth in speculative futures demand slowed to 16,000 BTC on Sept. 29 from 164,000 BTC on Sept. 14, Coinbase said.
https://coinness.com/en/news/1170558

[Institution-linked wallet sells long-held CRV and PENDLE at $9.61M loss]

An anonymous wallet believed to be linked to an institution sold 37.26 million CRV held for three years 10 days ago at $0.35, below its average purchase price of $0.51, booking a $5.97 million loss, according to on-chain analyst EmberCN.

EmberCN said the wallet also deposited 4.01 million PENDLE held for one year to OKX three hours ago and sold the tokens at $2.38, below an average purchase price of $3.29, for an additional $3.64 million loss.
https://coinness.com/en/news/1170559

[Hong Kong SFC flags FNXAI and 1FNXAI as suspicious investment products]

Hong Kong’s Securities and Futures Commission has designated FNXAI and 1FNXAI as suspicious investment products.

According to the SFC, the two tokens are being promoted as products that seek steady returns by automatically trading financial instruments, including U.S. stocks, through an AI-based platform, and are also linked to crypto staking. The SFC said products on its suspicious list may be financial products that have not been authorized by regulators or that display questionable characteristics, and urged investors to exercise caution.
https://coinness.com/en/news/1170560

[Former Fed innovation chief says crypto progress to continue without CLARITY Act]

Sunayna Tuteja, former chief innovation officer at the U.S. Federal Reserve, said regulatory work and industry innovation will continue even if the CLARITY Act does not pass. In an interview with Digital Asset in Seoul on Oct. 1, Tuteja said the U.S. SEC and the CFTC had already begun preparing for a scenario in which the bill is not enacted and that work will continue. Tuteja added the SEC and CFTC have been issuing new guidance almost daily since the Senate rejected cloture on the CLARITY Act, calling it a very positive sign.
https://coinness.com/en/news/1170561
See more: https://www.digitalasset.works/news/articleView.html?idxno=43347

[Analyst says Bitcoin may hold up despite mounting risk-off signals]

Real Vision crypto market analyst Jamie Coutts said Bitcoin may prove more resilient than expected even as risk-off signals emerge in the dollar, the MOVE index and other markets.

In a post on X, Coutts said debt has risen faster than liquidity since 2021, with markets beginning to show signs of stress again. He said similar moves are now visible in the dollar, the MOVE index, long-term Treasury yields and credit markets, adding that stocks and liquidity-sensitive assets such as BTC have historically weakened in that environment. Coutts added, however, that BTC already underwent a sharp correction earlier than expected and is not showing excessive leverage or crowded positioning, which could help it hold up even if a risk-off phase unfolds.
https://coinness.com/en/news/1170562

[Cardano founder says ADA adoption is not his responsibility]

Cardano founder Charles Hoskinson pushed back against claims that he is responsible for ecosystem growth and broader ADA adoption, The Crypto Basic reported.

Hoskinson said Cardano is a decentralized network and he does not hold a formal role such as official leader or CEO within Cardano. He added that founders are not servants and said he is the CEO of Input Output Global, or IOG, rather than Cardano. The remarks came in response to criticism from some community members over weak ADA price performance and ecosystem growth.
https://coinness.com/en/news/1170563

[Kyobo Life discusses stablecoin, RWA partnership with SBI, Circle]

South Korea’s Kyobo Life Insurance discussed ways to work with Japan’s SBI Holdings, stablecoin issuer Circle and South Korean digital-asset custodian BDACS to apply stablecoins and real-world assets to financial services, Digital Asset reported. Kyobo Life said it held the “Bridging Finance Onchain” event with the three companies in Seoul on Oct. 1 and shared each company’s digital-finance strategy and potential areas for future cooperation.
https://coinness.com/en/news/1170564
See more: https://www.digitalasset.works/news/articleView.html?idxno=43359

[Base-based stock token DEX volume jumps 313% over 30 days]

DEX trading volume for Base-based stock tokens issued by Coinbase reached $1.5 billion over the past 30 days, up 313% from the previous 30-day period, according to Token Terminal.
https://coinness.com/en/news/1170565

[NEAR Intents lead says $3.8M exploiter identified, gives 48 hours to return funds]

Alex Shevchenko, who leads cross-chain protocol NEAR Intents, said the identity of the attacker who stole about $3.8 million has been identified and demanded the funds be returned within 48 hours, according to The Defiant.

In a post on X, Shevchenko said, "We have identified you," and called for the funds to be sent back to the Bitcoin, BNB Chain and Ethereum, and Solana addresses he disclosed. He added, "You likely know the proper procedure for responsibly disclosing a vulnerability when you find one," and said the opportunity to use that process would remain open for only 48 more hours.

The Defiant also reported the stolen funds had not yet been deposited into any of the three addresses disclosed by Shevchenko. NEAR Intents has not released details on the attacker's identity, the exploit transactions, or a breakdown of the affected assets. The protocol had previously said the hack stemmed from a bug in interactions between Omni's deposit and withdrawal infrastructure and the NEAR Intents smart contract.
https://coinness.com/en/news/1170566