Summary of Major Crypto News on October 1, 2025 ✅ Market Overview The crypto market showed bullish signs with the start of 'Uptober'. Bitcoin (BTC) rose by 3%, breaking through $117,000 and trading in the range of $114,000 to $117,000. Ethereum (ETH) increased by about 4%, reaching around $4,300, while Solana (SOL) surged over 5%, settling in the $210 to $220 range. Ripple (XRP) maintained the $2.9 to $3 level. The total market capitalization recovered to about $4 trillion, rising by 0.03% to 3%. Despite uncertainties surrounding a U.S. government shutdown, crypto has gained attention as a hedge asset, leading the rally, and historically, there is an expectation of an average 22% increase in October. ETF flows also showed strength, with BTC ETF inflows recorded at $430 million and ETH ETF inflows at $127 million. However, Pendle's TVL plummeted by 50% ($13 billion to $6.6 billion), causing some unease in certain DeFi sectors. ✅ Regulatory and Institutional News - The SEC and CFTC declared their cooperation on crypto regulation as a top priority, which is expected to positively impact market stability. - The SEC officially recognized state trust companies partnered with Coinbase and Kraken as crypto custodians (no-action letter). This is likely to expand institutional accessibility. - The U.S. and U.K. are jointly pushing for a crypto regulatory framework to facilitate cross-border transactions. - The nomination of Brian Quintenz, a candidate for CFTC chair, was withdrawn, leading to continued regulatory uncertainty. - Data delays may occur due to the U.S. government shutdown, but crypto policy is expected to maintain a significant direction based on bipartisan support. ✅ Adoption and Technological Developments - Stripe launched a stablecoin issuance platform, accelerating entry into mainstream finance with the acquisition of Bridge for $1.1 billion and a bank license application. - The probability of Solana ETF approval is rated at 100%, with potential issuance next week. SUI and Polkadot ETFs are also set to be listed on DTCC. - Phantom wallet, in collaboration with Stripe and Stablecoin Labs, launched a U.S. dollar-pegged stablecoin called CASH, expanding from a wallet to a payment platform. - Chainlink, UBS, and SWIFT are conducting a pilot for tokenization in the $100 trillion fund industry. - Visa and Circle have initiated a cross-border payment pilot using USDC and EURC. - Cronos and AWS announced a partnership for tokenization, RWA, and AI DeFi. - China opened a digital yuan center in Shanghai and introduced a marine yuan stablecoin. - Kazakhstan launched a local crypto fund. - Hashdex is pushing to expand crypto ETFs in the U.S. using the SEC's 'generic listing'. ✅ Corporate and Investment Trends - Tether purchased an additional 8,880 BTC (approximately $1.05 billion). The USDT supply is nearing $174 billion. - MicroStrategy acquired an additional 196 BTC (approximately $22 million), bringing its total holdings to 640,031 BTC. - Trump-related company World Liberty Financial announced plans to expand tokenized financial products and crypto debit cards. - Brazil's OranjeBTC is intensifying local institutional competition with its listing on the B3 exchange. - Meta shareholders rejected a proposal to hold BTC on the balance sheet. - The increase in AI hackers has revealed the limitations of bug bounty programs, highlighting the need for enhanced security. ✅ Outlook and Other - Analysts predict that Bitcoin's price could reach $170,000 by the end of the year, supported by institutional accumulation and ETF inflows. - Gold prices reached an all-time high ($3,900/ounce), positively impacting demand for safe-haven assets in crypto as well. - There is rising anticipation for an altcoin season, with SOL's target price set at $250 to $280 and XRP's target price at $3.25 to $3.62. - The cumulative amount of hacking damages has reached $2.17 billion. The fusion of AI and crypto is emerging as the next frontier. 👉 Overall, the market maintains a positive momentum, but some DeFi unease and regulatory variables warrant caution. Thorough self-research is recommended before investing.