Odaily Planet Daily News: Glassnode posted on X that after multiple attempts to break through in nearly a week, the buyers have absorbed the sell wall around $85,000 yesterday, and the remaining sell orders seem to have been withdrawn. The selling pressure above the current Bitcoin price has decreased, and Glassnode believes this may accelerate the upward movement of BTC prices.

BlockBeats message, October 2, according to Glassnode monitoring, the selling liquidity wall above BTC has disappeared. Buyers broke through the sell wall near 85,000 USD yesterday, which had been tested multiple times for nearly a week but failed to break through previously.

In the past hour, total liquidations across the network reached $29.73 million, with $3.73 million from long positions, with $26.00 million from short positions. BTC liquidation $126.51 million, ETH liquidation $27.85 million.

Odaily Planet Daily News: The Korean Financial Services Commission has proposed regulatory guidelines for the issuance and trading of security tokens, intending to allow stocks, bonds, funds, and certain fractionalized investment securities to be issued and circulated in the form of tokens. The relevant regulatory framework is planned to take effect on February 4, 2027. According to the proposal, securities token issuing companies that directly manage customer accounts must have a minimum paid-in capital of 4 billion won and must have dedicated compliance and technical personnel. Amendments to the capital market regulations will also add a new over-the-counter bond trading license, and limit individual investors' annual net purchases at each over-the-counter exchange to within 1 billion won. The proposal will be open for public comments from Friday to November 11, after which it will enter the approval process. South Korea previously announced a three-phase roadmap to transition the issuance and trading of securities to a distributed ledger infrastructure.

BlockBeats message, October 2nd, the流动性质押 protocol Kinetiq, based on the Hyperliquid ecosystem, has ended its kPoints loyalty program and opened KNTQ token subscription. Token holders can purchase allocated KNTQ at a price of $0.26 per token within 10 days.