Crypto News Today — October 6, 2026

Binance's BTC reserves dropped by nearly 40,000 coins since September 20th as whales moved stablecoins back to the exchange.

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Bitcoin remains near $85,500, facing resistance at $86,700 and support at $83,300 amid ETF outflows.

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Bitcoin's current bear market shows a shallower decline compared to past downturns.

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US spot Bitcoin ETFs saw outflows of $90 million as Bitcoin's price fell below $86,000.

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Benjamin Cowen forecasts Treasury yields will peak pre-midterms, potentially benefiting Bitcoin and risk assets.

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Bitcoin's latest attempt to break through $87,000 was unsuccessful as it retreated to $85,600.

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Bitcoin futures open interest dropped by $1.4 billion, but spot market activity increased to offset the decline.

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Strive's plan to repurchase $500M in shares could strain its Bitcoin-backed cash reserves.

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Trump's proposed $5,000 payout could inject liquidity into the crypto market, similar to 2021 trends.

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Cardano's CIP-113 introduces asset separation and permission hooks for restricted tokens.

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The new open-source program aims to revolutionize asset transfers for financial institutions.

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Key figures from Bitwise, Grayscale, and leading projects discuss post-quantum security and privacy solutions.

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The new open-source program enables institutional trades to be settled in seconds rather than days.

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The new open-source 'DvP' protocol enables atomic settlement of institutional trades on Solana within seconds.

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Ethereum's EEZ has successfully tested atomic transactions between Layer 1 and Layer 2 networks.

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EEZ demonstrates a cross-chain transaction between Ethereum mainnet and layer 2 rollups.

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Ethereum developers are experimenting with a 200 million gas limit on the Sepolia testnet to evaluate potential capacity upgrades.

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Ethereum's Glamorous validator client received a critical update ahead of a Sepolia test aimed at boosting block capacity.

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LayerZero's ZRO token nears $2.15 after a 41% weekly rally, driven by buyback plans and increased trading activity.

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Charles Hoskinson has once again publicly urged Gemini to list Cardano's native token ADA.

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NEAR price has rallied significantly in the past month, reaching $5.16 with strong technical indicators.

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South Korea's AI investment trend has extended into crypto markets, with Worldcoin emerging as a key beneficiary.

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Ondo Finance has introduced a platform offering tokenized notes for private market investments, starting with an AI company pre-IPO.

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OKX Money combines savings, spending, and earning features for dollar stablecoins in a single app.

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Virtuals Protocol has released a closed beta iOS app featuring AI-driven trading capabilities.

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The planned merger between Parataxis Ethereum and Parataxis Korea has been canceled due to legal and financial uncertainties.

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Bahrain-based crypto exchange Rain joins the growing list of firms seeking US trust bank status.

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An undercover operation has reportedly uncovered a Chinese crime network laundering over $1 billion for the notorious Lazarus Group.

The cryptocurrency market experienced a relatively flat day with minor fluctuations in Bitcoin's price.

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BitMine Immersion Technologies' stock has outperformed Ethereum YTD, according to chairman Tom Lee.

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Payward partners with Singapore Gulf Bank to offer 24/7 US dollar funding for institutional clients.

Changer+ has launched a multi-chain wallet focused on making stablecoin transactions more accessible and user-friendly.

OKX Money offers a new platform for dollar-backed stablecoin transactions and savings in high-growth regions.

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