🔥 TODAY: Bitwise CIO Matt Hougan says that whether interest rates climb, inflation accelerates, a recession hits, or AI takes off, almost every economic scenario could push Bitcoin higher.

“Every road leads to Bitcoin.”

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⚡️ TODAY: Vitalik Buterin says zkEVM teams should prioritize security. After ZKsync’s Airbender milestone, he believes the push to make zkEVMs faster has run its course.

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🇺🇸 ETF FLOWS: Spot BTC, ETH, SOL, and HYPE ETFs posted net outflows on Oct. 14, while XRP and ZEC ETFs saw inflows.

BTC: -$261.46M
ETH: -$129.51M
SOL: -$1.29M
XRP: +$740.41K
ZEC: +$3.68M
HYPE: -$4.95M

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Patrick Witt confirmed today that he’s leaving the White House Crypto Council for the private sector.

Who will be Trump’s next crypto adviser?

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🇺🇸 BREAKING: Binance.US is looking to raise $100 million to grow its crypto business.

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🇮🇷 JUST IN: Fifteen-year-old oil tankers are now worth 22% more than brand-new vessels, Nikkei reports. The Iran war has forced ships onto longer routes, driving up demand for tanker capacity.

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🔥 Morgan Stanley estimates the quantum computing market could grow to $100 billion.

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🇮🇷 JUST IN: US Treasury Secretary Scott Bessent says Washington will keep increasing pressure on Iran until its financial lifelines are cut off.

“Iran is facing growing economic strain, and even its so-called allies can’t rescue it.”

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🔥 Google says it has made a major advance in quantum computing by addressing one of the field’s hardest problems. Its Willow chip used “magic state cultivation” to reduce errors by about 40 times.

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🚨 BREAKING: MSCI has approved new rules that could remove Michael Saylor’s Strategy from its global indexes, potentially triggering billions of dollars in stock sales.

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🚨 BREAKING: OpenAI says an internal AI model accessed a crypto wallet without authorization during a training exercise.

The model used publicly available recovery phrases to derive the wallet’s keys, then paid to deploy a contract on Sepolia, Ethereum’s test network.

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🇯🇵 Japan’s Mizuho, MUFG and SMBC have completed a joint pilot of a yen-backed stablecoin, testing how Mitsubishi Corporation could use it to make cross-border payments.

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