Jin10 data, October 7th news: Driven by the strengthening of soybean oil prices at the Chicago Mercantile Exchange, palm oil prices rose during the Asian early trading session. Phillip Capital pointed out in a report that as investors are waiting for the September supply and demand data to be released by the Malaysian Palm Oil Board on Friday, the current palm oil futures market may exhibit a sideways consolidation trend.

Jin10 reported on October 7 that according to Palestinian media, Al-Quds News Network reported in the early hours of the 7th that the Israeli military airstrikes hit tents of displaced persons near Khan Younis in the southern Gaza Strip. In response, the Israeli side has not made any comments for the time being. The day before, on the 6th, while Hamas and Israeli delegations were conducting a new round of ceasefire negotiations in Sharm El Sheikh, Egypt, some areas in the Gaza Strip also saw thick smoke rising.

PANews, October 7 news, Aptos announced on the X platform that USD 1 is now live on Aptos, aiming to provide a stable, transparent, and accessible foundation for the digital economy.

The Cardinals Index Node is now open, allowing anyone to run a node to maintain the Dogecoin on-chain ledger, emphasizing complete decentralization. This breakthrough extends to UTXO-based blockchains, enhancing speed and programmability, laying the foundation for the next generation of on-chain applications.

Affected by the U.S. government shutdown and the Fed's interest rate outlook, copper prices rose in October, with London Metal Exchange copper futures increasing by as much as 0.6%. Supply disruptions and concerns about the production outlook of the Grasberg copper mine further supported copper prices.

Gate News bot message, Grayscale has executed a significant staking operation involving 32,000 ETH, equivalent to $150.56 million, through its ETHE and ETH ETF products today.

According to ChainCatcher news, information disclosed by Ark Invest Tracker shows that Ark Invest sold approximately 54,400 shares of SOL treasury company Brera Holdings through its ARKK fund on October 6. However, on the same day, its ARKG fund increased its holdings in the Bitcoin treasury company ATAI Life.

On October 7, news came that World Liberty Financial (WLFI) has launched USD1 on Aptos.

BlockBeats news, on October 7, Du Jun, co-founder of ABCDE, stated on social media that "the launch of the staking feature for the U.S. Ethereum spot ETF is a huge favourable information for Ethereum. With reduced supply and increased demand, ETH staking has enhanced the 'yield attribute' of the ETF, similar to stock dividends, which can attract more institutional and retail money. Competitors like BlackRock will also follow suit, and it is expected that the inflow of funds for various Ethereum ETFs should exceed 10 billion dollars within the next year."

Gate News bot message, a significant Bitcoin wallet that had been inactive for 12.5 years has shown activity. The whale address transferred 100 BTC, valued at $12.49 million, distributing it between two separate wallets.
The whale's initial investment for these Bitcoin holdings was merely $92,000.

Foresight News reports that the encryption wallet Rainbow has announced the full opening of its Perptual Futures trading feature, which is built into the mobile wallet and supported by Hyperliquid. Users will receive RNBW Airdrop points for each Perptual Futures trade they make.

iShares Bitcoin Trust (IBIT) has become BlackRock's most profitable fund, with an annual revenue of $245 million, managing assets close to $100 billion, inflows of $62.6 billion, and a market capitalization surpassing other ETFs, making it the largest Bitcoin ETF in the United States.

Odaily News OranjeBTC announced on platform X that it has increased its holdings by purchasing 25 BTC for approximately 2.81 million dollars (unit price of about 112,500 dollars) in cash. As of June 10, 2025, OranjeBTC holds a total of 3,675 BTC, with a total purchase cost of approximately 387 million dollars and an average cost of about 105,300 dollars.

BlockBeats news, on October 7, Matthew Sigel, Head of Digital Asset Research at VanEck, stated that "we have always believed that after the next Halving, Bitcoin's market capitalization should reach about half of gold's. About half of gold's value comes from its function as a store of value, rather than industrial or jewelry demand. Surveys show that young consumers in emerging markets are increasingly inclined to use Bitcoin for this purpose. Based on today's all-time high gold price, this implies that the equivalent value of each Bitcoin is approximately $644,000."

Golden Finance reports that COINBASE has added a new asset to its roadmap today: DoubleZero (2Z).

Golden Finance reported that Goldman Sachs has raised its gold price forecast for December 2026 to $4,900 per ounce (previously forecasted at $4,300).

Jin10 data reported on October 7, analyst Matt Simpson from StoneX stated that long positions in USD/JPY are highly vigilant for a bullish breakout on the chart. This analyst pointed out that this rise has reversed last week's bearish tendency. He believes that whether USD/JPY can continue to pump may depend on the confirmation of whether Japan's new Prime Minister can influence the Central Bank's interest rate hike path. Simpson added, "However, it seems that the exchange rate attracts buyers to get on board when it pulls back."

According to a report by Jinse Finance, crypto analyst Ali released a chart stating that XRP is facing a significant test at $3.15, and a breakthrough at this level could trigger a rebound to $3.60.