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The S&P 500 hit a new record high last week, gaining 1.09% as tech and AI stocks led the rally. Investors shrugged off the government shutdown, with markets now expecting Fed rate cuts in October and December. Gold nears $4,000 as investors and central banks rush in amid inflation, rate cuts, and fading trust in fiat. Up 40% this year, it’s now seen less as a hedge and more as a conviction asset in a weakening dollar era. CoinDesk Indices, which track the broader crypto market, fell 0.11% in the past 24 hours, while Bitcoin and Ether up 0.24% and 0.04%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is CELO, up 23.6%, as Celo and Ethereum drive a surge in stablecoin adoption and on-chain payment growth.
Celo (CELO), founded in 2017, is a mobile-focused blockchain platform enabling global crypto payments via phone numbers. It supports decentralized apps for social impact, such as universal basic income and crowdfunding. The network uses two tokens: CELO for governance and cUSD, a dollar-pegged stablecoin. Celo’s latest “Stable Mag” highlights record growth in stablecoin adoption. USDT activity on Celo hit all-time highs with $7.3B in Q3 transfers and 6M users, solidifying it as the #2 transport layer for Tether. EY’s Nightfall testnet launched on Celo to enable private, enterprise-grade payments, and Tether Gold (XAUt) deployed on-chain. Meanwhile, Ethereum’s stablecoin supply reached $177B, reflecting accelerating global momentum for on-chain financial infrastructure.
Plasma, a Layer 1 blockchain built for global stablecoin payments, has joined Chainlink SCALE and integrated Chainlink as its official oracle provider to power real-time payments, stablecoin liquidity, and cross-chain connectivity across 60+ networks. Chainlink’s CCIP, Data Streams, and Data Feeds are live on Plasma from day one, providing secure market data and interoperability for developers. Aave is also live on Plasma, bringing deep stablecoin liquidity to the ecosystem. With over $2B in stablecoin liquidity at launch and native EVM support, Plasma aims to drive scalable, low-cost onchain payments and position itself as the leading infrastructure for global stablecoin adoption.
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
29 September 2025 | 26.9 | 491.1 | 518.0 |
30 September 2025 | 0.0 | 429.9 | 429.9 |
01 October 2025 | 9.2 | 666.6 | 675.8 |
02 October 2025 | 2.8 | 624.4 | 627.2 |
03 October 2025 | 18.3 | 966.8 | 985.1 |
Total (weekly) | 57.2 | 3,178.8 | 3,236.0 |
Current Total (from inception): | (24,107) | 84,124 | 60,017 |
Between September 29 and October 3, 2025, Bitcoin spot ETFs recorded total inflows of $3.24 billion, with $57 million from GBTC and $3.18 billion from non-GBTC funds. The strongest day was October 3, 2025, when inflows reached $985 million, mostly driven by non-GBTC products. Cumulatively since inception, GBTC has seen $24.1 billion in outflows, while non-GBTC ETFs have attracted $84.1 billion, resulting in a net total inflow of $60.0 billion.
Reya has launched zero-fee BTC and ETH perpetual trading, joining the trend of fee-free DEXs that rapidly attract traders. With no trading costs, users can experiment with tighter strategies while earning early rewards before competition rises. Reya’s roadmap and tokenomics will be announced soon.