π₯ LATEST: Ethereum's validator queue surges to a two-year high, with more than 860,000 ETH (~$3.7B) waiting to be staked.
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β‘οΈ Paolo Ardoino: We wonβt have a truly stable society until Bitcoin becomes the worldβs primary currency.
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β‘ Update: Wintermute urges the SEC to clarify that network tokens such as BTC and ETH should not be classified as securities.
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π₯ BREAKING: SEC Chair Paul S. Atkins says clarifying crypto rules is a priority on the Spring 2025 agenda, alongside deregulatory reforms.
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π¨ BREAKING: Nasdaq plans to tighten oversight of firms raising funds to hoard crypto, aiming to curb stock-price boosts, per The Information.
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π₯ Today, Backpack EU launches as one of Europeβs first exchanges to offer regulated perpetual futures.
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π₯ BULLISH: Saylor's Strategy buys 1,955 BTC for about $217.4M at $111,196 each, now holds 638,460 BTC.
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π₯ UPDATE: South Africaβs Altvest Capital aims to raise $210 million to buy BTC, and will rebrand as βAfrica Bitcoin Corp.β
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π NEW: Bitcoin whales dumped 115,000 BTC, worth about $12.7 billion, last monthβthe largest sell-off since mid-2022. The move signals heightened risk aversion among big investors, according to CryptoQuant.
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β‘οΈ UPDATE: The Crypto Fear & Greed Index has risen to 51, moving from 'Fear' last week to 'Neutral' today.
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π¨ Update: The odds of a September rate cut have surged to 100%.
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π₯ UPDATE: Forward Industries has raised a $1.65B private placement to bolster its Solana treasury strategy.
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π₯ Big news: Nasdaq is pursuing SEC approval to allow investors to trade tokenized stocks on-chain with equal priority.
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π₯ Breaking news: The SEC has acknowledged the filing for the Canary Spot Staked $SEI ETF.
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π°π· BREAKING: Upbit, South Korea's largest crypto exchange, is launching its own Layer-1 blockchain, Giwa.
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π°πΏ JUST IN: Kazakhstan's President Tokayev has floated a plan to establish a strategic crypto reserve.
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πΊπΈ Just in: Standard Chartered now expects the Fed to cut rates by 50 basis points next week after softer U.S. jobs data.
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π¨ Alert: SwissBorg has been hit by a $41.5M breach, losing 192,600 SOL, per ZachXBT.
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πΊπΈ NEW: The SEC's Crypto Task Force is convening a public roundtable on Oct. 17 to discuss financial surveillance and privacy.
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πΊπΈ Breaking news: Congress has introduced a bill directing the Treasury to study the creation of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, including a feasibility assessment and a custody framework for federal digital assets.
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π°π· NOW: South Korea's Upbit unveils GIWA, an Ethereum Layer 2 built on the OP Stack, offering 1-second block times, EVM compatibility, and a mission to lower barriers to blockchain adoption.
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