According to Odaily, a Satoshi-era address moved 100.02 BTC worth $8.55 million after 16 years of dormancy. Bankless co-founder David Hoffman suggested that the transfer may be intended as preparation against quantum attacks.

Odaily News: Bankless founder David Hoffman posted on X platform that if Bitcoin's daily closing price rises above $86,600, it would release a strong signal; if it further rises above $87,400, it would be an "astronomically bullish" signal.

Odaily News: Bankless co-founder David Hoffman shared stock trading information for ZEC treasury company Cypherpunk Technologies on X, stating that CYPH has hit another all-time high and that his recent investment performance has been strong.According to the trading information he shared, David Hoffman has achieved nearly 5x returns since buying CYPH in June.

Odaily reports that David Hoffman, founding partner of Bankless Ventures, posted that the crypto market occasionally sees a single asset concentratedly absorbing capital transfers from Bitcoin holders. ETH exhibited a similar pattern in 2021, and ZEC in 2026 is becoming a new consensus allocation target for some Bitcoin capital.Hoffman stated that ZEC's market cap has risen from approximately $200 million to around $26 billion, but remains small compared to Bitcoin's market cap of roughly $1.7 trillion. It would only take convincing a small portion of Bitcoin holders to allocate a modest amount to ZEC to potentially generate sustained buying pressure. Additionally, he believes NEAR is absorbing the relatively weaker "smart contract buying pressure" in 2026.

Odaily News: Bankless co-founder David Hoffman posted on X, stating, "We are now in altcoin season, and the real market moment is coming sooner than expected." It is reported that David Hoffman announced the liquidation of his ETH holdings on May 21, and subsequently bought VVV, NEAR, ZEC, HYPE, and LIT, all of which have significantly outperformed ETH.

1. Spot Bitcoin ETFs recorded total net inflows of $159 million yesterday, with only BlackRock's IBIT seeing net inflows;2. Spot Ethereum ETFs saw total net outflows of $39.2445 million yesterday, marking 3 consecutive days of net outflows;3. Robinhood upgrades its tokenized stock dividend mechanism, allowing dividend entitlements to be counted on the ex-dividend date;4. Bankless co-founder: NEAR is a generalized version of ZEC;5. Some mainstream meme coins on Robinhood Chain rebound, with SHROOM up over 60% in 24 hours;6. Cumulative trading volume surpasses $10 billion, with 80% of Robinhood stock token trading volume coming from Uniswap;7. Zcash plans to activate NU7 mainnet upgrade on November 5, shortening block time to 25 seconds while retaining the halving cycle;8. Lee Jae-myung acknowledges shortcomings of single leveraged ETFs but does not apologize for investor losses;9. Bolivia pledges to establish a virtual asset regulatory framework to prevent capital outflow through crypto markets;10. Robinhood Ventures Fund I invests $25 million in AI infrastructure company Crusoe;11. He Yi: Binance has no so-called "middlemen" or "listing fees," and will reserve airdrop allocations for users.

Odaily reports that Bankless co-founder David Hoffman posted on X platform, stating that NEAR is a generalized version of ZEC. He said that ZEC encrypts money, while NEAR encrypts business activities. Privacy-focused ZEC cannot cover other privacy needs in life, whereas NEAR can extend privacy capabilities to a broader range of scenarios.According to OKX market data, NEAR briefly rose to 3.503 USDT, now trading at 3.498 USDT, with a 24-hour gain of nearly 30%.

Odaily News DeFi researcher Ignas posted on X: "After David Hoffman (Bankless founder) sold his ETH, he reallocated his portfolio into some of the best-performing tokens, such as LIT and ZEC. NEAR also performed well, and only VVV underperformed the broader market. Although the market was full of fear, uncertainty, and doubt (FUD) at the time, and it was also very close to the ETH bottom, the goal of aggressive crypto investors has always been to outperform BTC and ETH. Well done, David."Previously reported, Bankless co-founder David Hoffman announced in June this year that he had sold all his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.

Odaily reports that Cordant, a stablecoin and digital asset financial infrastructure provider, has announced the completion of an $8 million seed funding round. Participating investors include Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new capital will support the company's introduction of new payment networks and AI automation tools. Cordant is collaborating with financial institutions on product development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Notably, Latin American digital asset and payment platform Bitso, as well as blockchain infrastructure company Paxos, have both invested and are serving as design partners. (Businesswire)

1. Bitcoin spot ETFs saw a total net inflow of $108 million yesterday, with BlackRock's IBIT leading at a net inflow of $80.8192 million.2. Ethereum spot ETFs saw a total net inflow of $53.83 million yesterday, with BlackRock's ETHA leading at a net inflow of $45.2916 million.3. CFTC prevents Kalshi from canceling sports event contract positions for Michigan users.4. Visa report states AI agent payments have entered the practical stage, with stablecoins being more suitable for high-frequency, low-value payments.5. Bankless founder responds to "selling ETH near the bottom": the current price has not yet reached his liquidation price.6. SK Hynix ADR and common shares on the Korean stock market will be open for exchange at the end of the month, but arbitrage trading may be difficult to implement.7. South Korea plans to include crypto assets in the scope of compensation for victims of telecom financial fraud.8. Tim Draper reveals reasons for missing the investment opportunity in Coinbase, believing it was too early for the crypto market to go mainstream.9. RWA perpetual contract trading volume hit an all-time high in June, exceeding $100 billion for the first time.10. Goldman Sachs raises Robinhood price target again to $137.11. Floating losses on South Korean individual stock leveraged ETFs have expanded by over 8.8 trillion won in nine days.