Digital asset products saw $224m inflows, but momentum reversed later in the week amid stronger macro data and hawkish expectations — link | AI comment

Crypto hedge fund Split Capital winds down as its founder nabs new gig as an exec at stablecoin startup Plasma — link | AI comment

FDIC approves proposal to implement GENIUS Act requirements and standards — pr | AI comment

Coinbase plans Australia expansion after securing AFSL license — link | AI comment

Global Risk Institute's latest survey of 26 quantum computing experts indicates the probability of a cryptographically significant quantum computer emerging within 10 years is estimated to be between 28% and 49% on average.
It is estimated to be between 51% and 70% within 15 years — link | AI comment

South Korea to bring RWAs and stablecoins under existing financial frameworks: report — link | AI comment

White House economists says stablecoin rewards won’t harm banks — link | AI comment

Morgan Stanley launches Wall Street’s first bank-led Bitcoin ETF — link | AI comment

U.S. Treasury proposes demands that stablecoin firms be set to police bad transactions — link | AI comment

Stablecoin volumes could hit $1.5 quadrillion by 2035 as onchain payments begin to rival Mastercard, Visa: Chainalysis — link | AI comment

Morgan Stanley’s Bitcoin ETF draws $34 million on day one — link | AI comment

Japan's cabinet approves bill to classify crypto assets as financial products: Nikkei — link | AI comment

HSBC and Standard Chartered-led group land Hong Kong’s first stablecoin licenses — link | AI comment

U.S. CPI: +3.3% YOY (EST. +3.4%)
U.S. CORE CPI: +2.6% YOY (EST. +2.7%)

BTC liquidity failed to recover following the Oct. 10 crash. Average 1% depth fell from ~$8M to ~$3M before stabilizing at ~$6M. Other major assets similarly remain below pre-crash liquidity levels — link | AI comment

Digital asset investment products saw $1.1bn of inflows, the strongest since January, driven by improved lower than expected CPI and easing geopolitics — link | AI comment

Circle CEO Allaire defends decision not to freeze USDC in Drift exploit, citing 'moral quandary' — link | AI comment

Strategy has acquired 13,927 BTC for ~$1 billion at ~$71,902 per Bitcoin — link | AI comment

BitMine's ETH holdings reached 4.875 million after acquiring 71,524 tokens over the past week — link | AI comment

SEC carves out path for some crypto interfaces to bypass broker registration — link | AI comment

CME Bitcoin futures activity slumps to 14-month low as basis trade unwind drains institutional demand — link | AI comment