๐บ๐ธ 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
๐จ 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
๐ฅ 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.
๐จ New: Coinbase's latest survey finds that 67% of institutions and 62% of non-institutional investors expect Bitcoin to surpass $130,000 in the next 3โ6 months.
๐บ๐ธ UPDATE: The U.S. government shutdown continues as the Senate blocks a funding package once again โ the tenth time this has happened. Read more: ct.com
๐บ๐ธ Quick take: markets are pricing in roughly a 96.8% likelihood of a 25-basis-point cut to the Fed funds rate at the October 29, 2025 meeting. More details: ct.com
โก๏ธ INSIGHT: Grayscale reveals the first U.S. spot crypto ETFs with staking, enabling investors to earn blockchain rewards within a regulated product. A development that brings Wall Street closer to DeFi. ๐ Learn more. Read more: ct.com
๐จ U.S. spot ETFs faced a tougher week. Bitcoin ETFs posted net outflows of $1.12 billion, while Ethereum ETFs saw net outflows of $311 million. What do you think next week will bring? Read more: ct.com
๐จ Just in: Ondo Finance is pressing the SEC to pause Nasdaq's tokenized-securities plan, arguing it lacks transparency and tilts in favor of Wall Street giants.