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Odaily News: The Ethereum development team completed an emergency software update on the Sepolia testnet ahead of the Glamsterdam upgrade test, fixing an issue that could cause some validators to produce low-capacity blocks. The test will raise the Sepolia network's gas limit from about 60 million to 200 million to validate Ethereum's future plans for boosting network throughput. Ethereum validator client Prysm released version 7.2.1 on Monday evening; the previous version was released before the relevant Sepolia parameter adjustments, meaning validators who did not manually change their settings would still run at the 60 million gas limit. The update will ensure validator nodes participate in the Glamsterdam test as expected.

Odaily News: The Ethereum development team completed an emergency software update before the Glamsterdam upgrade test on the Sepolia testnet, fixing an issue that could cause some validators to produce low-capacity blocks. The test will raise the Sepolia network's gas limit from about 60 million to 200 million, validating Ethereum's future network processing capacity improvements.

Glamsterdam is Ethereum's next major upgrade, and Sepolia, as a testnet, will deploy the related improvements first to simulate the upgrade's effects. Gas is the unit that measures the computational capacity an Ethereum block can handle. Raising the gas limit means a single block can contain more transactions and more complex on-chain operations, but it also increases the computational pressure on nodes running the network.

Ethereum validator client Prysm released version 7.2.1 on Monday evening, adding the 200 million gas limit configuration. The previous version was released before the relevant Sepolia parameter adjustments, so if validators did not manually change the settings, they would still run with a 60 million gas limit. This update ensures validator nodes can participate in the Glamsterdam test as expected. (CoinDesk)

Odaily News: Bitcoin is facing selling pressure, stalling near $87,000 for the third time since September 23. FxPro analyst Alex Kuptsikevich said that since early last week, BTC has formed a pattern of "higher local lows," but bulls still lack sufficient upward momentum. The price is now approaching the apex of a triangle formed by horizontal resistance and an ascending support line. A breakout from this pattern could bring greater volatility to the market.

The total crypto market cap has fallen back to about $2.93 trillion. Meanwhile, U.S. stocks have performed strongly, with the Nasdaq 100 hitting a record closing high and the S&P 500 less than 0.5% from its all-time high. However, U.S. Treasury yields continue to climb, with the 10-year yield rising to 5.32%, near its highest level since 2002.

Market observers believe that for BTC to break through $87,000, sufficient buying pressure is needed to absorb the persistent selling pressure near that level. Once it holds above that level, it could open further room toward its nearly 8-month high. (CoinDesk)

Odaily News: According to SoSoValue data, Ethereum spot ETFs recorded a total net inflow of $111 million yesterday (October 5, US Eastern Time).

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF ETHA, with a single-day net inflow of $130 million. ETHA's total historical net inflow now stands at $13.4 billion. Notably, ETHA implemented a 1:3 reverse stock split on October 6, meaning every 3 shares were consolidated into 1 share, with the share price adjusted to 3 times the original, while the total market value of holdings remained unchanged.

The Ethereum spot ETF with the highest single-day net outflow yesterday was Fidelity's ETF FETH, with a single-day net outflow of $18,881,900. FETH's total historical net inflow now stands at $2.328 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $17.69 billion, the ETF net asset ratio (market value as a proportion of Ethereum's total market value) is 5.34%, and cumulative historical net inflows have reached $13.913 billion.

Odaily News: According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $89.8978 million yesterday (October 5, US Eastern Time).

The Bitcoin spot ETF with the largest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $69.853 million. IBIT's historical total net inflow has now reached $65.802 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Ark Invest and 21Shares' ETF ARKB, with a single-day net outflow of $85.2054 million. ARKB's historical total net inflow has now reached $1.316 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $110.773 billion, the ETF net asset ratio (market value as a proportion of Bitcoin's total market value) is 6.43%, and cumulative historical net inflows have reached $57.698 billion.

Odaily News: Roman Storm posted on X that the US Department of the Treasury recently acknowledged in a filing that its previous rules regarding mixers were problematic and noted that the policy could have a "chilling effect" on lawful activity. Storm said that although the relevant Treasury department now believes the policy is problematic, the US Department of Justice in his case still maintains that even lawful transactions through Tornado Cash constitute illegal conduct because they could be used for money laundering, sanctions evasion, and other criminal purposes. Storm said the government's non-criminal division considers the policy improper, while the criminal justice division believes all related transactions constitute crimes; he has been detained and prosecuted for more than 1,139 days and said his case stems from developing open-source code. Storm also said the Southern District of New York (SDNY) filed a new document today, and the US Department of Justice is still pushing for his conviction.

Odaily News: According to Arkham monitoring, LayerZero has purchased over 162,000 ZRO tokens again, worth approximately $347,000, bringing its cumulative buyback total to 2.538 million tokens, valued at approximately $5.4 million.

Meanwhile, the ZRO price has risen above $2.13 and is approaching the $3 resistance level. LayerZero co-founder Bryan Pellegrino has previously expressed optimism about ZRO's long-term development on multiple occasions, and this buyback has further drawn community attention.

Odaily News: Canary Capital said its proposed staking Injective ETF is "coming soon," with the ticker INJC. The product will provide exposure related to staking yields on the INJ token.

Meanwhile, the Injective Foundation announced the launch of the Trench Treasury program, aimed at supporting ecosystem projects built on INJ and rewarding community members. The program will further drive the development of the Injective ecosystem. (The Block)

Odaily News: Stablecoin payment infrastructure provider Rain has submitted an application to the US Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank in New York. If approved, the bank would provide institutional clients with digital asset and US dollar fiduciary custody, as well as stablecoin reserve management services.

Rain said Rain National Trust Bank could also issue and redeem US dollar-backed stablecoins under the GENIUS Act. Brandon Soto, former chief financial officer of Square Financial Services, will serve as president and CEO of the proposed bank, subject to OCC review.

The Independent Community Bankers of America (ICBA) sued the OCC on Friday, accusing it of allowing non-depository trust banks to engage in broad non-fiduciary activities beyond its regulatory authority. The ICBA is asking the court to overturn the OCC's chartering rule issued in March 2026 and Interpretive Letter 1176 from 2021, and to block the approval of more charters based on those documents.

The Crypto Council for Innovation said the lawsuit is intended to limit innovation. The ICBA complaint states that the OCC has approved or conditionally approved at least 21 trust banks, of which at least 13 are cryptocurrency companies. (Cointelegraph)

Odaily News: Virtuals Protocol announced on X that the Virtuals App has entered closed beta. The app features a personal AI, a built-in wallet, and market access, allowing users to discuss investment ideas, research targets, and execute trades in group chats. Currently, the Virtuals App is limited to an iOS closed beta and requires an invitation code for access.

Odaily News: Google Cloud has officially disclosed that its Blockchain Node Engine and Blockchain RPC services are scheduled to terminate operations on December 15, 2026, and is reminding customers to complete migration arrangements as soon as possible. To this end, Google Cloud has partnered with blockchain infrastructure service provider Quicknode, designating it as the officially recommended RPC infrastructure successor. Customers can redeploy nodes and RPC endpoints through the Google Cloud Marketplace or the Quicknode platform, and must complete application configuration adjustments and workload validation before the services officially shut down; at that time, Google will automatically delete existing Blockchain RPC endpoints on December 15.