Fortitude plans to invest up to $100 million to purchase Bitmain’s next-generation Zcash mining rigs.

According to analyst alicharts, Bitcoin has established a major support zone between $83,300 and $84,600. URPD data shows that 1.59 million BTC have been traded within this range, providing a defendable level for buyers. On the other hand, Bitcoin whales have increased their holdings by 14,335 BTC since October 1, worth approximately $1.22 billion. alicharts believes that if Bitcoin can hold the support level and break above $86,700, there will be no major selling pressure until around $105,000.

According to The Block, tokenized money fund issuer Spiko announced the completion of a $90 million Series B financing round led by venture capital firm NEA. Following this round, Spiko’s total funding has reached $120 million. Currently, the firm’s assets under management (AUM) stand at $2.7 billion, with operations covering more than 25 jurisdictions. Spiko plans to use the proceeds from this financing round to launch new fund products, expand into additional markets, and scale its team.

According to Bitget's market data, Brent crude oil fell more than 1% intraday, now trading at $98.45 per barrel. WTI crude oil is down 1.25%, at $87.32 per barrel.

According to Bitget's market data, major Hong Kong stock indices rallied today. By the close, the Hang Seng Index rose 1% and the Hang Seng Tech Index gained 0.94%. Total trading volume for the Hang Seng Index market reached HK$98.265 billion. Among popular tech stocks, Zhipu surged strongly throughout the day, closing up 7.59%.

Saudi General Authority of Civil Aviation said today (Oct 6) that on the evening of Oct 5 local time, King Abdulaziz International Airport in Jeddah and Najran International Airport were attacked by Yemen's Houthi forces, leaving 3 people injured and limited material damage. According to a video statement released by a Houthi spokesperson on the same evening, the group launched three rounds of strikes against Saudi Arabia that day, including targeting King Khalid International Airport in the Saudi capital Riyadh. (CCTV International News)

Based on Bitcoin’s historical price data, multiple analysts have identified cyclical patterns in the time spans between highs and lows across its four bull-bear cycles over the past decade: All-Time Low (ATL) 2015 → All-Time High (ATH) 2017 ≈ 1,064 days; ATH 2017 → ATL 2018 ≈ 364 days; ATL 2018 → ATH 2021 ≈ 1,064 days; ATH 2021 → ATL 2022 ≈ 364 days. Bitcoin’s last bull market peaked on October 7, 2025. Calculating by these patterns, Bitcoin has officially exited its bear market bottom and entered the next bull run cycle as of today. As a result, many analysts have begun forecasting peak prices for this crypto bull cycle. BlockBeats has compiled technical analysis from analyst alicharts, who, based on long-term K-line charts of major cryptocurrencies, projects the following peak prices for leading assets in this cycle: Bitcoin could rise to $190,000, and Ethereum to $8,800. Renowned trader and chart analyst Peter Brandt—who accurately predicted Bitcoin’s 2018 crash—recently stated clearly: “The market has likely seen the cycle low and is now entering a new Bitcoin bull cycle.” Brandt also raised his forecast for Bitcoin’s next cycle peak, revising his year-end 2029 target range from $250,000–$300,000 (set in July this year) to $300,000–$600,000. Prominent trader Killa published a note predicting that BTC will break its all-time high between April 26, 2027, and August 2, 2027.