Elon Musk announces that Flōki has resumed duties as CEO of 𝕏. Twitter #Xsource

#FLOKI gains 20% amid positive market sentiment. Mask shares re-tweet highlighting the surge.
View the chart here.

There was a total outflow of $513 million from investment products into digital assets last week. Bitcoin (BTC) experienced an outflow of $946 million, while Ethereum (ETH) saw an inflow of $205 million. Solana (SOL) recorded an inflow of $156 million. For more details, see the CoinShares report.

The Bitcoin strategy purchased 168 BTC last week.

Open Campus raises $5 million in funding.

Nillion Announces Community-Driven NIL Token Buyback and Burn Program

Greenlane Holdings has announced a $110 million private placement to support Berachain's treasury strategy. Additionally, the company intends to become one of the largest public holders of BERA.

BitMine (BMNR) acquired 203,800 ETH last week.

Clearpool initiates authorized buyback program. Read more here.

The U.S. government shutdown could potentially end within the week, according to Elizabeth Hassett.

Solana's Gemini launches branded credit card with automatic SOL rewards.

NIL surged nearly 10% following news of a buyback initiative, which spurred active buying activity. Conversely, BERA declined 6% after Greenlane Holdings announced a $110 million funding round to acquire the token. Despite some buying pressure driven by the announcement, significant sell-offs occurred on Bybit.
#Careport 📊 Chart

NIL surged nearly 10% following news of a buyback launch, which spurred active trading. Conversely, BERA declined 6% amid reports that Greenlane Holdings secured $110 million to acquire the token. Despite some buying activity driven by the announcement, significant sell-offs occurred on Bybit.
#Careport 📊 Chart

TAO TAO Synergies (TAOX) has announced that its total holdings of TAOs have reached 54,058.

According to a Glassnode report: Activity across spot, futures, options, and ETF markets is decreasing, with multiple indicators reaching historically low levels. While Bitcoin's recent rebound offers a glimmer of optimism, market structure remains fragile. Until investor confidence is restored, caution is expected to dominate market movements.

According to a Glassnode report, activity across spot, futures, options, and ETFs is declining, with many indicators reaching historically low levels. Despite a recent rebound in Bitcoin, market structure remains fragile. Until confidence is restored, market movements are expected to be driven more by caution than optimism.

Limitless Exchange, a prediction marketplace on Base, has secured $10 million in seed funding ahead of the launch of its #LMTS token. The round attracted investments from 1confirmation, DCG, Coinbase Ventures, Arrington Capital, and others. Read more.

Blockchain.com is in talks to go public through a SPAC, according to sources. coindesk

Near Protocol is set to upgrade its main network on October 28, reducing the maximum inflation rate from 5% to 2.5%, aiming to improve decentralization and increase returns for veNEAR holders.

Earlier DWF indicated that if Near Protocol successfully cuts inflation to 2.5%, it will purchase an additional 10 million NEAR.

South Korea's Financial Services Commission (FSC) is moving to transition virtual asset exchange regulation from self-regulation to government oversight, aiming to bolster oversight of platforms such as Upbit and Bithumb. The regulator also plans to introduce a licensing system for stablecoin issuers and establish reserve asset management rules, mandating that at least 100% of reserves be held in highly liquid assets.

Ethena is set to announce the launch of two new products in the next three months.