Crypto Pro Updates
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πŸ—½πŸ‘€ CME will launch options on #SOL and #XRP futures on October 13 to launch.
πŸ’³πŸ€ #USDT Rain (Visa's platform for stablecoins) and Tether's Plasma have announced a partnership, integrating Rain's card infrastructure with Plasma, allowing USDT to be used for purchases at over 150 million merchants worldwide.
πŸ’ΈπŸ“ˆ #SYRUP Maple Finance has collected $4 billion in deposits, becoming the largest decentralized financial lending protocol in the world. dlnews
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πŸ’° #BIO Arthur Hayes' Maelstrom supports raising $7M in Bio Protocol dlnews.com
πŸ†• #OG Binance launches OG premarket trading.
πŸ™‹β€β™‚ #CRV Curve Finance offers "Yield Basis," a $60 million plan to transform CRV into an income-producing asset designed to enhance investor utility and returns.
πŸ“‰πŸ€” #BTC Bollinger Bands are at their tightest level ever.
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βš οΈπŸ‡ΊπŸ‡Έ #macro #FOMC Fed rate: 4.25% (expect: 4.25% / prior: 4.5%)
πŸ‡ΊπŸ‡ΈπŸ‘€ #macro #FOMC The Fed's accompanying letter:
- Fed forecasts another 50bp rate cut this year;
- forecast labor market weakening;
- economic activity is slowing;
- inflation remains stubbornly above target.
πŸŽ’πŸ’Έ CoinGlass: >$110 million has been liquidated in the last hour
πŸ€” #SOL Forward Industries has applied for up to $4 billion to participate in the Marketplace Capital Attraction Tendered (ATM) program. The proceeds will be used for working capital, corporate purposes and growth initiatives, but the most prominent use case relates to the expanding Solana Treasury (SOL) strategy. financefeeds
πŸ‡ΊπŸ‡Έβœ… #ETF SEC approves common listing standards for ETFs, paving the way for crypto-ETFs to be listed under a simplified procedure without direct approval.
πŸ‡ΊπŸ‡Έ #ETF The SEC has approved the listing and trading of the Grayscale Digital Large Cap Fund covering #BTC, #ETH, #XRP, #SOL and #ADA, as well as options with hourly settlement on the Cboe Bitcoin US Index ETF and the Mini-Cboe Bitcoin US Index ETF.
πŸ‘ #AVAX South Korea's BDACS launches the first stablecoin backed by Korean won on Avalanche, #KRW1. x
πŸ“‰ #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled ~$51.3 million.

Total net outflows of spot ETH-ETFs amounted to ~$1.9 mln.
πŸ‡ΊπŸ‡Έ #TRUMP #BTC The PumpFun live stream installed a gold statue of Trump holding BTC outside the White House. cointelegraph
πŸ€” #ETH #SOL The head of Galaxy Digital's DeFi division called Ethereum's 45-day exit queue length "alarming" and compared it to Solana, where it only takes two days to exit the steakage.

Vitalik, commenting, said that opting out of Ethereum steaking "is like a soldier deciding to leave the army," adding that steaking is "taking on a solemn duty to protect the blockchain." cointelegraph
πŸ€– #AI Nvidia is partnering with Nscale, a UK-based mining company, on AI development. #mining cointelegraph
πŸ‡ΊπŸ‡ΈπŸ•Ή Coinbase CEO says he is involved in crypto market structure legislation to "make sure we never have another Gary Gensler." #regulation
πŸ‘ #ETH Coinbase joins Open Intents Framework to develop Ethereum crosschain ecosystem. theblock.co
🀝 #XRP DBS, Franklin Templeton and Ripple have signed a memorandum of understanding to offer trading and lending solutions using tokenized money market funds on the XRP Ledger platform. coindesk.com