The latest crypto news update for October 6, 2026 is led by U.S. regulatory withdrawals, new leveraged-product approvals, and a sharp rotation into small-cap tokens.
Top Story
FinCEN withdrew a proposed rule that would have required banks and crypto businesses to report transfers above $10,000 involving self-controlled wallets. Treasury also withdrew a separate proposed rule covering crypto-mixer transactions. Neither proposal had taken effect.
The withdrawals remove two significant reporting proposals targeting private-wallet activity. The decision came as the CFTC opened a rulemaking process for leveraged and margined spot crypto trading for retail customers.
The SEC also approved a Cboe BZX rule change covering six 3x leveraged exchange-traded products, including products linked to Bitcoin and Ethereum. The products were not yet trading because their registration statements still required effectiveness.
Market trading remained mixed. Bitcoin and Ethereum declined, while smaller tokens recorded extreme gains. Derivatives data showed long-heavy liquidations, with $38.24 million in Bitcoin positions and $12.83 million in Ethereum positions cleared during the past 24 hours.
Major Price Moves
Market Overview
Bitcoin traded at $85,312.27, down 0.92% over 24 hours, with $24.7B in volume. Ethereum traded at $2,697.44, down 0.77%, with $12.8B in volume.
Top 10 Gainers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| ELIZAOS — ElizaOS | $0.0004108 | 155.29% | $19.7M | |
| RLC — iExec RLC | $0.9194 | 140.58% | $284.7M | |
| V4 — Programmable | $0.005167 | 95.84% | $6.0M | |
| SN116 — SolMev | $11.6433 | 80.33% | $9.9M | |
| ZEUS — Zeus Network | $0.004014 | 74.92% | $15.7M | |
| RAD — Radworks | $0.4070 | 54.28% | $93.3M | |
| AEON — AEON | $0.06954 | 30.67% | $23.2M | |
| MNDE — Marinade | $0.03076 | 27.78% | $5.5M | |
| SWORDCAT — cat wif sword | $0.003963 | 27.27% | $5.9M | |
| BTW — Bitway | $1.1742 | 24.85% | $28.1M |
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| MINA — Mina Protocol | $0.1350 | -20.35% | $25.0M | |
| STRK — Starknet | $0.05201 | -11.62% | $115.6M | |
| MON — Monad | $0.02901 | -10.84% | $59.2M | |
| SAND — The Sandbox | $0.06577 | -10.44% | $92.3M | |
| SKY — Sky | $0.08729 | -8.77% | $46.8M | |
| SHFL — Shuffle | $0.4105 | -8.30% | $1.4M | |
| PONS — Pons | $0.3748 | -7.67% | $29.1M | |
| FARTCOIN — Fartcoin | $0.1724 | -7.56% | $34.9M | |
| BONK — Bonk | $0.000003758 | -6.81% | $46.9M | |
| AKE — Akedo | $0.02991 | -6.38% | $6.9M |
Top 20 by Market Cap
| Rank | Coin (symbol + name) | Price | 24h % | 24h Volume | Market Cap | |
|---|---|---|---|---|---|---|
| 1 | BTC — Bitcoin | $85,312.27 | -0.92% | $24.7B | $1.71T | |
| 2 | ETH — Ethereum | $2,697.44 | -0.77% | $12.8B | $329.4B | |
| 3 | USDT — Tether | $0.9998 | 0.01% | $53.8B | $184.1B | |
| 4 | BNB — BNB | $779.15 | -1.66% | $446.5M | $103.8B | |
| 5 | XRP — XRP | $1.4976 | -0.85% | $2.2B | $94.5B | |
| 6 | USDC — USDC | $1.0000 | — | $17.4B | $74.2B | |
| 7 | SOL — Solana | $119.77 | -1.18% | $2.8B | $70.5B | |
| 8 | TRX — TRON | $0.3366 | 0.37% | $212.2M | $32.0B | |
| 9 | STETH — Lido Staked Ether | $2,696.38 | -1.06% | $7.7M | $26.5B | |
| 10 | ZEC — Zcash | $1,323.01 | 0.67% | $3.1B | $22.4B | |
| 11 | HYPE — Hyperliquid | $93.16 | 1.62% | $1.2B | $20.7B | |
| 12 | DOGE — Dogecoin | $0.09439 | -0.95% | $912.2M | $14.7B | |
| 13 | WSTETH — Wrapped stETH | $3,359.58 | -0.96% | $4.8M | $12.4B | |
| 14 | XMR — Monero | $557.65 | 4.22% | $95.8M | $10.5B | |
| 15 | LINK — Chainlink | $13.84 | -2.42% | $349.6M | $10.4B | |
| 16 | WBT — WhiteBIT Coin | $85.29 | -0.05% | $26.2M | $10.1B | |
| 17 | USDS — USDS | $0.9997 | -0.02% | $184.4M | $10.1B | |
| 18 | ADA — Cardano | $0.2697 | -0.84% | $990.1M | $10.1B | |
| 19 | WBETH — Wrapped Beacon ETH | $2,980.91 | -1.11% | $3.9M | $10.0B | |
| 20 | WBTC — Wrapped Bitcoin | $85,315.71 | -1.02% | $99.4M | $9.9B |
Other Key Events
Ethereum prepares for the Glamsterdam capacity test
Ethereum developers fixed a Sepolia configuration issue before the Glamsterdam test. Validators were scheduled to begin proposing 200 million-gas blocks at 13:53:36 UTC on October 6, replacing the previous 60 million-gas setting.
The test represents a major increase in block capacity. It follows the SEC’s approval of leveraged Ethereum exchange-traded products, although those products still required effective registration statements before trading.
Base vault reportedly loses roughly $6 million
A Base-based vault reportedly lost approximately 1,783 wstETH, valued near $6 million. Reports attributed the incident to a compromised permission-list entry.
The incident did not involve a direct compromise of the Base network or Aave’s core lending contracts, according to available reports. The exploit remains a reported incident rather than a confirmed network-wide failure.
In Brief
- Gate initially listed V4, identified as Programmable, through Gate Trenches at 03:59 UTC on October 6. The token’s public chain was listed as Robinhood.
- The restoration of the X accounts belonging to Shaw Walters and ElizaOS was reported as the catalyst for ELIZAOS’s 155.29% rise. No official X or ElizaOS confirmation was found.
- RLC went live on Token Terminal, the only identifiable official development during its 140.58% surge. No confirmed listing, partnership, unlock, hack, or protocol launch was found.
- Starknet’s v0.14.4 mainnet upgrade was scheduled for 08:10 to 08:20 UTC on October 6. The upgrade supports blocks containing up to 1.1 billion L2 gas.
- The next reported STRK unlock is scheduled for 15 October 2026, involving about 127 million tokens, or roughly 1.28% of circulating supply.
What to Watch
- Bitcoin is testing the $85,000 area. A move below it would place the $84,000 zone in focus.
- Ethereum is near $2,700. The $2,650 level is the next downside reference after its 0.77% decline.
- Ethereum’s 200 million-gas Glamsterdam Sepolia test is scheduled for October 6 at 13:53:36 UTC.
- The next STRK unlock is scheduled for 15 October 2026 and covers about 127 million tokens.
- BTC liquidations reached $38.24 million, with 75.2% from longs. ETH funding was +0.0042% per four hours, making leverage and liquidation data key indicators for the next session.