Gate Daily (September 29): Apple CEO Tim Cook holds BTC and ETH; Telegram claims France intervened in Moldova's elections.

Bitcoin (BTC) started strong this week with a rebound, reporting around $112,230 on September 29. Apple CEO Steve Cook revealed he holds Bitcoin and Ethereum, but has no plans to invest Apple's $200 billion cash reserve in Bitcoin or other encryption assets. Durov claimed that French intelligence requested Telegram to review content related to the Moldova elections. ARK Invest CEO Cathie Wood compared Hyperliquid to Solana's early commitments, calling it a "newbie."

Today's Outlook

1. U.S. August NAR seasonally adjusted pending home sales index (month-on-month), previous value was -0.4%.

2. Cleveland Fed President Harker participates in a policy group discussion.

Macroeconomic Events & Crypto Circle Hotspots

1. Apple CEO Tim Cook recently revealed during The New York Times DealBook online summit that he is a cryptocurrency investor and specifically holds Bitcoin and Ether. He stated that crypto assets, including Bitcoin and Ether, can reasonably be included in a diversified portfolio as a prudent allocation strategy. Cook mentioned that while billionaires may hold their own cryptocurrencies, he has no intention of investing Apple’s $200 billion cash reserves into Bitcoin or other crypto assets. "I don’t think people buy Apple stock to get exposure to cryptocurrency," he commented, adding that Apple will also not accept cryptocurrency as a payment method for its products at this time.

2. Pavel Durov, co-founder of Telegram, claimed that French intelligence officials asked him to review political content related to the Moldovan elections on the messaging platform, but he refused. Durov stated that officials contacted him and indicated that if he reviewed the content, they would speak favorably to the judge handling his case in France. He posted on Telegram on Sunday: "The Telegram team received a second list, which includes so-called 'problematic' Moldovan channels. Unlike the first list, these channels are almost all legal and fully comply with our rules. Their only commonality is that the political positions they express are not welcomed by the French and Moldovan governments. We rejected this request."

3. ARK Invest CEO Cathie Wood compared Hyperliquid's early commitments to Solana, referring to it as a "Newbie." "This is very exciting. It reminds me of early Solana, which has already proven its worth, and you know, it has been on par with the giants," Wood said in a recent interview with the Master Investor podcast. Wood did not confirm whether she holds any position in Hyperliquid, but she stated that the protocol is worth watching. Her remarks come as competition among perpetual futures DEXs is intensifying. In early September, Aster launched a token that surpassed Hyperliquid in both trading volume and open interest.

Market Trend

1. Latest Bitcoin News: $BTC This week opened with a strong rebound, currently reported around 112,230 USD, with a liquidation of 49.83 million USD in the past 24 hours, mainly from short positions;

2. The US stock market rose on September 26, as investors ignored the still high inflation data and the new wave of tariffs imposed by President Trump, taking advantage of the three-day downward trend to buy at lower prices. Investors are increasingly worried that the US stock market may pull back, but they hope that this week's employment data can reproduce a "Goldilocks" result. The S&P 500 index rose by 0.6%, the Dow Jones Industrial Average rose nearly 300 points, an increase of 0.7%, while the Nasdaq Composite Index rose by 0.4%. All three major indices closed in the red for the week, with the Nasdaq experiencing the largest decline of 0.7%. The Philadelphia Semiconductor Index rose by 0.3%.

(Source: Gate)

3. In the Gate BTC/USDT liquidation map, based on the current 112,077.00 USDT, if it drops near 110,989 USD, the total liquidation amount for long positions exceeds 200 million USD; if it rises near 113,219 USD, the total liquidation amount for short positions exceeds 365 million USD. The liquidation amount for shorts is significantly higher than for longs, so it is recommended to reasonably control the leverage ratio to avoid triggering large-scale liquidations during market fluctuations.

(Source: Coinglass)

4. In the past 24 hours, BTC spot inflow was 1.24 billion USD, outflow was 1.05 billion USD, with a net outflow of 190 million USD.

(Source: Coinglass)

5. In the past 24 hours, contracts such as $ASTER, $XPL, $HYPE, $LIGHT, and $STBL have seen net outflows leading to trading opportunities.

News Updates

1. Nate Geraci: The coming weeks are crucial for spot cryptocurrency ETFs.

2. The Babylon community proposes to reduce the inflation rate of the BABY token by about 30% and introduce the BTC-BABY joint staking feature.

3. Supportive of encryption, New York City Mayor Eric Adams has withdrawn from the re-election campaign due to financial difficulties.

4. The trial for the laundering case involving 60,000 Bitcoins is imminent in London, with Chinese victims testifying remotely.

5. The Firedancer team of Jump proposed to remove the block limit on Solana after the Alpenglow upgrade.

6. An address containing 400 BTC was activated after being dormant for 11.9 years.

7. Hypurr NFTs have been deployed to HyperEVM and distribution has been completed.

8. Michael Saylor releases the Bitcoin Tracker message again, and this week may reveal the accumulation data.

9. Data: Tokens such as SUI and EIGEN will have a large unlock this week, with SUI unlocking a value of approximately 137 million US dollars.

10. Falcon Finance: FF token claims will open tomorrow at 20:00, and staking services will also be available.

X KOL Selected Insights

Phyrex Ni (@Phyrex_Ni): "Sunday's operations will be a bit simpler. The price trend today was almost stagnant, with hardly any movement throughout the day. However, starting from 9 PM Beijing time, there was a gradual rise. I checked at that time and didn’t see anything noteworthy. I wonder if it’s the news about Cook holding BTC and ETH that triggered some small market articles. However, I did see that in China, it’s the small coins."

"Of course, in my personal understanding, there is still a probability that Cook continues to hold positions, at least he should be holding Bitcoin. However, this should not be regarded as a short-term positive. Starting tomorrow, the challenges for October will begin. There are several troubles in October: one is the theory that Token2049 must drop during its meeting, and another is that there will be a large amount of labor data in the middle of the week, as U.S. officials have started to speak. Also, a friend asked if the upcoming short holiday in China would affect the market. My personal view is very simple: the liquidity in the Asian time zone is inherently quite low. Even South Korea and Japan have not contributed significantly to the trading volume of Bitcoin in the Asian time zone. The domestic holiday in China may indeed lead to some market makers entering holiday mode, but the impact on liquidity should be quite limited."

"Looking back at the data for Bitcoin, the turnover rate continues to decline, but there is still a discrepancy with my statement about entering below 50,000 coins, as it is still above 50,000. This indicates that the sentiment of ordinary investors has not fully stabilized. Let's first take a look at the data for U.S. stock futures in the early trading on Monday. I think everything else is fine; the URPD data still shows that long-term investors have not exhibited obvious panic, the price ranking is still very healthy, and even those investors who are currently trapped above still have a strong willingness to hold, showing no signs of large-scale selling. Therefore, I think the current market is still relatively stable. We just need to see if there will be any new negative news."