Sunday stayed quiet on price. Strategy’s October 5 8-K took the bitcoin stack to 848,000 coins after a 334-coin add. The SEC put a crypto custody proposal for funds and advisers in the Federal Register, with comments due December 7, 2026. CFTC market oversight gave designated contract markets a short window to strip expiration dates off perpetual-style index futures. New York’s attorney general closed a Celsius-era case against Alex Mashinsky with a permanent industry ban and up to $35 million.
Our CoinGecko snapshot fetched at 00:07 UTC on October 11, 2026 put Bitcoin at $82,926, up 0.50%, ether at $2,504.04, up 0.81%, and Solana at $110.01, up 1.04%. Global market cap sat near $2.81 trillion, with bitcoin dominance about 59.1% and 24-hour volume about $46.5 billion. LlamaRisk queued a Monad PT cap double on Aave V3, Grove scoped an 800,000 USDS October grant, Prysm shipped v7.2.1, and Kraken closed a Sonic funding delay. Map the tape with Bitcoin history, Ethereum history, How to read a crypto market snapshot, plus custody and perpetual futures notes.
Strategy holds 848,000 BTC after buying 334 coins
Strategy Inc's October 5, 2026 8-K says the firm bought 334 bitcoin from October 1 through October 4 at an average purchase price of $85,838.8, for an aggregate $28.7 million including fees. Of that, $15.7 million came from net proceeds of 92,894 Class A (MSTR) ATM shares and $13.0 million came from USD cash. Holdings as of 4:00 p.m. Eastern Time on October 4 stood at 848,000 BTC, with an aggregate purchase price of $63.97 billion and an average of $75,440.7. The same filing shows no ATM preferred sales in that window, while STRC buybacks ran 1,033,168 shares for $102.6 million from September 28 to 30 and 740,634 shares for $73.7 million from October 1 to 4.
SEC proposes crypto custody rules for funds and advisers
The Federal Register published an SEC proposed rule on October 6, 2026 titled Adviser and Regulated Fund Custody Rules; Crypto Custody Rules, with comments due December 7, 2026. The release would add Investment Company Act custody rules for how regulated funds may hold crypto securities and similar investments, and it would amend the Advisers Act custody rule for registered advisers that custody client crypto funds and securities. It also proposes to modernize today's custody rules, redesignate the Advisers Act custody rule, and amend Form ADV, Form ADV-E, and Form N-CEN, including new questions on tokenized private funds and regulated fund shares. The package is 91 FR 63870, RIN 3235-AN46, Release Nos. IA-7023 and IC-36353, File No. S7-2026-35, running 234 pages.
CFTC lets DCMs convert perpetual-style index futures through Oct 20
CFTC Release 9308-26, dated October 5, 2026, says the Division of Market Oversight issued no-action relief so designated contract markets can convert existing perpetual-style broad-based security index futures into true perpetual futures. DCMs may remove expiration dates after meeting customer-protection steps in Staff Letter No. 26-29: solicit feedback from holders with open positions, give advance notice and a chance to exit, provide risk disclosures, and leave other material contract terms unchanged. They must file the amendments under CFTC Regulations 40.5 or 40.6 and certify compliance. The no-action positions expire on October 20, 2026.
NY AG bars Mashinsky from crypto and seeks up to $35 million
On October 9, 2026, New York Attorney General Letitia James said she secured up to $35 million from Alex Mashinsky, co-founder and former CEO of Celsius Network LLC, plus a permanent ban from the securities, commodities, and cryptocurrency industries. James sued him in 2023, alleging he misled hundreds of thousands of investors, including more than 26,000 in New York, about Celsius safety while the platform took high-risk bets. Mashinsky is serving a 12-year federal prison sentence, was ordered to forfeit more than $48 million to the federal government, and Celsius bankruptcy recoveries for investors and creditors have exceeded $3.4 billion. Under the state settlement he must pay New York $25 million if he fails to forfeit an additional $10 million in ill-gotten gains federally, and $10 million more if he does not serve the full prison term.
LlamaRisk queues a Monad PT-AUSD cap double on Aave V3
On October 9, 2026, LlamaRisk posted a Risk Stewards note to raise the Aave V3 Monad supply cap for PT-AUSD-17DEC2026 from 30,000,000 to 60,000,000 after the reserve hit 100.0% utilization, which would leave it near 50.0% of the new cap. Top suppliers showed health factors from 1.01 to 1.18 with a median of 1.03, all with outstanding debt, mostly USDC then USDT0 against the PT in stablecoin E-Mode, priced with a linear discount oracle on the AUSD/USD feed. Pendle AMM liquidity on Monad was 3.88 million, split 47% PT and 53% SY, with implied APY easing from 6.0% to about 5.3%. The PT matures on December 17, 2026 and then redeems at par; LlamaRisk said it will implement the change through the Risk Steward process.
Grove's Oct 22 spell sends 800,000 USDS and retires CCTP v1
Grove's technical scope for the October 22, 2026 Sky spell, posted October 7, would send 800,000 USDS from the Grove SubProxy to the Grove Foundation Multisig as the October 2026 operating grant. The same spell would revoke SUBMISSION_ROLE on the Grove Executor on Avalanche from the Grove Circle CCTP v1 Governance Relay Receiver, leaving only the CCTP v2 receiver able to queue governance actions. Circle's CCTP v1 deprecation begins October 31, 2026 and completes December 1, 2026, and Sky Core asked Grove to retire the v1 relay before that window. The USDS transfer would run when the executive vote executes, while the Avalanche role change waits on message delivery; Grove said no new audit is needed because the spell only calls existing audited contracts.
Prysm v7.2.1 fixes Gloas builder auth and turns on partial columns
Offchain Labs tagged Prysm v7.2.1 on October 5, 2026 as a validator-client update for Gloas builder configuration. Proposer settings files now take builder auth_data and builder_pubkeys as 0x-hex, matching the keymanager API, instead of base64, so operators testing Gloas builders need to review those files before upgrading. Partial data columns are on by default, gossiping PeerDAS data at the cell level; --disable-partial-data-columns falls back to full columns, and --partial-data-columns is deprecated. The tag also adds the Sepolia GAS_LIMIT_SCHEDULE so validators default to a 200 million gas limit from the Sepolia Gloas fork at epoch 353024, October 6, 2026, 13:53:36 UTC, unless a proposer sets a different gas_limit.
Kraken resolves a four-day Sonic (S) funding delay
Kraken opened a Sonic (S) funding incident at 13:09 UTC on October 6, 2026, saying deposits and withdrawals on that gateway may be delayed while other funding methods operated normally. The venue marked the incident minor and investigating. It posted a resolved update at 17:21 UTC on October 10, 2026. The status page does not quantify stuck transfers or name a root cause beyond the Sonic funding gateway.
