[Data: Digital asset treasuries now hold a larger share of ETH's total supply than Bitcoin] According to a report by Jinse Finance, (citing Bitcoin.com News), digital asset treasuries now hold a larger share of ETH's total supply than Bitcoin. This is bad news for ETH: under the Proof-of-Stake mechanism, large holders can gain disproportionate control over the network. In contrast, Bitcoin's Proof-of-Work mechanism does not have this centralization risk.

[Telegram Founder Predicts Bitcoin Will Reach One Million Dollars] Telegram founder Pavel Durov stated in an interview with Lex Fridman that he believes the price of Bitcoin could reach $1,000,000 in the future.

[Decrypt: Bitcoin and Gold Rise, Driven by U.S. Government Shutdown Concerns] Bitcoin and gold prices have both risen amid concerns over a potential U.S. government shutdown, while the stock market has declined. Data shows that investors tend to turn to safe-haven assets during periods of heightened economic and political uncertainty. Historically, similar political deadlocks have typically pressured traditional markets while boosting demand for cryptocurrencies and precious metals. Market participants caution that despite the growing risk-off sentiment, price volatility risks should still be monitored. (Decrypt)

[CryptoQuant + Market Leverage Ratio + Upward Trend + Potential Volatility Risk] Data shows that the estimated market leverage ratio is rising, indicating that investors are using higher leverage as they enter October. Analysts point out that this trend could drive price breakthroughs but also increases the risk of rapid liquidation chain reactions in the market. Close attention to changes in leverage levels is required. (CryptoQuant)

[BlackRock Bitcoin ETF Supports Physical Redemption] BlackRock's Bitcoin ETF now allows institutional investors to directly exchange ETF shares for Bitcoin through physical redemption. (Bitcoin Archive)