Analysis: Bitcoin's macro pressure now hinges on oil prices, with US-Iran negotiations on the Strait of Hormuz being the key factor.

Monochrome Exchange (@Monochrome_EN), founded by Jeff Yew (@jeffyew_), co-founder and former CEO of Binance Australia, has launched its $MCR IEO, raising over 5.5M $USDT so far.

Monochrome Exchange (@Monochrome_EN), founded by Jeff Yew (@jeffyew_), co-founder and former CEO of Binance Australia, has launched its $MCR IEO, raising over $5.5M USDT so far.

DYORSWAP has released an update on its compensation process, announcing that it has completed audits of all affected addresses. For addresses with bridge amounts under 5 ETH, compensation will be issued at a uniform rate of 40% of the bridged amount, regardless of whether the funds were used for transactions. For addresses that bridged more than 5 ETH, DYORSWAP noted that some may be linked to phishing or fraudulent bridging operations, so these will undergo separate reviews. Users who bridged over 5 ETH and believe they are legitimate affected parties can contact DYORSWAP for identity and address verification. The official compensation distribution address is 0xdf25f88aa6cde9937fdcfcf10fa349528c79dbf9; users are reminded to verify this address carefully. DYORSWAP stressed that it will never request users to transfer funds, sign suspicious transactions, or pay any fees to claim compensation.

Bitwise has filed the final prospectus for its NEAR spot ETF, while releasing a 39-page NEAR investment report co-authored by Bitwise Chief Investment Officer Matt Hougan. The report outlines multiple price scenarios for NEAR: a base case projection of $155 by 2030, a bull case target of $562, and a bear case of $1.63. It does not shy away from the risk of sharp downside for NEAR’s price. In the bull case, Bitwise compares NEAR to Visa, noting that Visa processed $15.7 trillion in payment volume in 2024 and currently holds a market capitalization of roughly $701 billion, using this as one reference point for NEAR’s future potential value. The report concludes with the product page for Bitwise’s European NEAR ETP.

Strategy founder Michael Saylor has once again shared updates on the firm’s Bitcoin tracker, stating, “Even more orange.” Per past patterns, the orange dots on the tracker represent Strategy’s Bitcoin purchase records, so this move may signal the company will increase its BTC holdings. Strategy typically discloses changes to its Bitcoin holdings the day after such announcements.

Beating AI Express News: P Equity Research analyst Mr. P stated in a September 26 podcast that the widely cited claim that hyperscale cloud providers have "10-year demand visibility" is unconvincing, noting cloud firms can barely predict demand changes two years out, and AI infrastructure investment will ultimately remain constrained by cyclical spending. In the near term, AI inference demand will continue driving growth in demand for storage products including HBM, DRAM, and NAND. Mr. P projects next year’s capital expenditure (capex) by hyperscale cloud providers will reach $1.1 trillion to $1.2 trillion, with storage spending accounting for 50% to 60% of that total—equivalent to roughly $500 billion to $700 billion; UBS even forecasts this figure could hit $900 billion. Mr. P added that the current AI computing power bottleneck has shifted from a simple shortage of GPUs to other areas: power, advanced packaging, storage, and ABF substrates. Older-generation GPUs like the H100 still maintain high secondary market prices, while rental costs for B-series GPUs continue to rise. Supply tightness for ABF substrates is expected to persist until 2028 to 2030 or later, and orders for gas turbines from makers including Mitsubishi, Siemens, and GE Vernova are already booked past 2030. On the data center interconnect front, Mr. P predicts copper cables and optical communications will coexist for years to come. NPO is likely to see expanded adoption starting in 2027, while CPO may begin ramping up in 2028 to 2029, though mainstream adoption will not arrive until after 2030.