🔥 Twenty minutes later, all $300 trillion PYUSD were burned.

Looks like someone pressed the wrong key.

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🇺🇸 🇨🇳 TODAY: President Trump says the U.S. is in an active trade war with China, insisting "We're in one now." More details at ct.com.

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🔥 Quick update: Ethereum remains the leading ecosystem for onboarding new developers in 2025, with more than 16,000 unique developers joining the community.

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🇺🇸 Today, SEC Chair Paul Atkins has named crypto, digital assets, and tokenization the agency’s top priority as it forges a robust framework to welcome innovators back to the United States. Read more: ct.com

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🔥 Key takeaway: In Q3 2025, publicly listed companies accounted for 95% of ETH holdings. Twenty-seven firms now hold 4.63 million ETH, worth about $19 billion, per Bitwise. Read more: ct.com

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🚨 Polymarket launches new up/down equity markets, letting you bet on stock-price moves with The Wall Street Journal and Nasdaq as the resolution sources. Learn more at ct.com

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🇬🇧 LATEST: The Bank of England will lift the caps on stablecoin holdings once digital assets no longer threaten the economy, describing the restrictions as temporary.

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⚡️ Update: Brevis' Pico Prism demonstrates 99.6% real-time proving of Ethereum blocks with consumer-grade GPUs, edging us toward 10,000 TPS and phone-based validation.

Read more: ct.com

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🇺🇸 Big update: The U.S. government now holds 316,760 BTC (about $35.9 billion), placing it among the largest BTC holders on record, according to CryptoQuant. Read more: ct.com

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🚨 Breaking: The Bank of England says the caps on stablecoin holdings—roughly $13,000 to $27,000—are temporary measures to keep markets steady during the transition. Read more: ct.com

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🔥 Quick update: Tokenized gold hits a fresh all-time market-cap high of $3.28B, up 2.1% in the last 24 hours. Read more at ct.com

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🚨 Hot off the press: a16z’s crypto arm is committing $50 million to Jito, the Solana-based staking protocol—its largest investment in the project to date. More details: ct.com

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🔥 Hot off the press: Tom Lee of BitMine says Ethereum remains Wall Street’s preferred blockchain, but he cautions the digital-asset treasury space could already be in a bubble. Read more: ct.com

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🔥 Bullish signal: Treasury-backed firms and ETFs together hold about 12.5 million ETH, roughly 10.31% of Ethereum’s total supply. Learn more at ct.com

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🔥 Breaking: Gold just reached a historic milestone, becoming the first asset to clear a $30 trillion market cap. Read more: ct.com

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⚠ Quick update: VanEck has filed an S-1 for a Lido Staked Ethereum ETF. More details at ct.com.

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🇺🇸 Florida is moving a bill for the 2026 session to set up a Strategic Bitcoin Reserve, with room to direct up to 10% of state funds and retirement portfolios into Bitcoin and crypto ETFs. More details: ct.com

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🚨 Breaking news: Ripple Labs is steering a $1 billion fundraising drive to seed an XRP-focused digital-asset treasury, arranged via a SPAC, Bloomberg reports. More details at ct.com

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🔥 BRIAN ARMSTRONG: “In ten years, crypto will be used by many more people, even if they don’t realize they’re using it.”

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🔥 BREAKING: Newsmax, the NYSE-listed company, has approved up to $5 million to purchase Bitcoin and Trump Coin over the next 12 months as part of its crypto reserve.

Read more: ct.com

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🇺🇸 ETF FLOWS: On Oct. 16, roughly $530.9M of BTC and $56.8M of ETH were sold.

Read more: ct.com

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