Crypto did not wait for the weekend. After a choppy session that saw the broader market slip about four percent, the evening brought a steady drumbeat of real world adoption, policy moves, and a few flashpoints of volatility. On the institutional rails, JPMorgan lit up its private blockchain with JPM Coin, giving big clients instant dollar transfers and a signal that Wall Street is building in public view. Visa leaned in with a pilot for direct USDC payouts to wallets, aiming at creators and gig workers and the cross border workflows that have long needed an upgrade. Coinbase chose Singapore for the first international launch of Coinbase Business, a USDC powered toolkit for startups. And Square flipped on Bitcoin payments for more than four million merchants worldwide, making it easier for consumers to spend BTC at the point of sale and for merchants to choose settlement flows that fit their risk. Exchange traded products and tokenization stole a share of the spotlight. Bitwise’s Chainlink ETF surfaced on the DTCC list under the ticker CLNK, a sign of plumbing prep that pushed Chainlink (LINK) into the evening chatter. Canary Capital’s spot XRP ETF also appeared on the DTCC site, and separate anticipation for an XRP ETF listing on Nasdaq this week helped nudge XRP higher by about ten percent. Flows told their own story as Solana products drew strong inflows even while Bitcoin and ether funds saw sizable outflows before a late rebound into BTC led by BlackRock and Fidelity. Off chain, Franklin Templeton expanded its Benji platform to the Canton Network to widen access to compliant tokenized assets, while Yahoo Finance struck an exclusive data partnership with Polymarket to pipe on chain prediction markets to a mainstream audience. Policy makers were busy too. The SEC signaled work on a token taxonomy framework to better delineate which assets are securities and which are not, a move that could give room for exemptions where appropriate. Brazil’s central bank finalized a sweeping rulebook that will treat stablecoins as foreign exchange beginning in 2026, aiming to curb scams while formalizing cross border use. The UAE pushed its digital money effort from pilot to practice with its first government transaction in Digital Dirham over mBridge, a milestone for CBDC plumbing. In the UK, Kraken co CEO Arjun Sethi argued that rigid rules are fraying the user experience and burdening retail. And Andreessen Horowitz urged US Treasury to lean on privacy preserving tools like zero knowledge proofs and decentralized identifiers in any GENIUS Act implementation. DeFi and crypto infrastructure had momentum. Uniswap (UNI) ripped more than fifty percent after its team proposed activating protocol fees and plowing them back into growth, with trading volumes surging and boldfaced buyers adding to the buzz. Lighter, an Ethereum based perp DEX platform, raised sixty eight million dollars at a one point five billion dollar valuation led by Founders Fund and Ribbit Capital, a fresh vote for on chain derivatives. On the real world assets front, Turbo Energy (TURBO) teamed with Taurus and the Stellar Development Foundation to tokenize debt for solar and battery projects in Spain, a template that could travel well beyond Iberia. Stablecoins and their stewards continued to be a pillar. Circle reported a strong third quarter as USDC circulation lifted revenue and profits, even as shares sold off on higher expense guidance, and the company weighed a native token for its Arc Network to spark developer activity. Sui rolled out USDsui, a native stablecoin designed with Stripe owned Bridge to deepen DeFi and payments on the network, adding another entrant to the stablecoin race. And SoFi became the first US bank to let customers trade crypto directly in app, a small interface change with potentially large implications for retail access and liquidity. It was not all smooth sailing. Bybit’s security lab flagged that sixteen major blockchains, including Ethereum and BNB Chain, have mechanisms that can freeze funds and another nineteen could add them, raising thorny questions about user protections versus censorship resistance. Hyperliquid paused transactions after dramatic moves in memecoin POPCAT (POPCAT) triggered liquidations and allegations of manipulation, a reminder that thin markets and leverage can still turn on a dime. A welding accident sparked a fire at Bitdeer’s Ohio mining site, though no rigs were installed and operations were not disrupted. Markets themselves remained jumpy. Bitcoin (BTC) faced pressure as whales and miners shuttled coins to exchanges, stoking concerns about further selling even as some analysts framed the move as a chance for a reset. Ethereum (ETH) hovered near three thousand five hundred after a larger drawdown, with chart watchers split between caution and hopes for a final leg higher into year end. Solana (SOL) kept winning inflows, a rare bright spot in the day’s flow picture. In privacy land, Arthur Hayes warned Zcash holders to self custody, coinciding with a sharp slide in Zcash (ZEC), while a Winklevoss backed reboot under the Cypherpunk Technologies banner disclosed a sizable ZEC treasury position. Elsewhere, VCI Global said it will acquire one hundred million dollars worth of Oobit tokens, further cementing Tether’s influence as it becomes VCI Global’s largest shareholder after the deal. Calastone plugged its tokenized distribution platform into Polygon (MATIC) to modernize fund distribution for thousands of institutions. Shiba Inu (SHIB) looked to add real world utility through a partnership with Unity Nodes, tying token incentives to telecom infrastructure. And Canary Capital filed for the first MOG Coin ETF, a memecoin bid to bridge crypto culture with traditional wrappers. Finally, a few threads to watch into the next session. XRP’s ETF debut scheduled for Thursday could be a tone setter for altcoin exposure. The brewing taxonomy at the SEC may dictate how fast new assets get green lit. And if Visa’s USDC pilot and Square’s BTC acceptance widen even modestly, the payments rail narrative may matter more to prices than a single chart pattern. The sun sets on a messy but meaningful day, and the pipes keep getting built.
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📈💰The Federal Reserve announced today that it will maintain its current interest rates, citing a strong job market and moderate economic growth. This decision comes as no surprise to those in the crypto community, as many have been anticipating this outcome for weeks. However, this news may have some investors feeling slightly disappointed, as they were hoping for a rate cut to boost the market.💸💻Crypto tickers such as BTC, ETH, and XRP have been trending upwards in recent weeks, with many investors hoping for a continued bull run. However, with the Fed's decision to keep interest rates steady, some may be wondering if this will have a negative impact on the market. While it's impossible to predict the exact effect on crypto prices, it's important to remember that the Fed's decision is based on a variety of factors and not solely on the crypto market.📉🌎The Fed's decision also has implications for the stock market, with many investors closely watching the anno...
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