1.Brent Crude Falls Amid Iran Talks
Brent crude edged lower near $109 per barrel as traders assessed inaccurate reports of U.S.-Iran agreement progress. Prices fell 3.3% intraday before recovering, with December contracts settling at $108.79 amid Middle East tensions and upcoming U.S. midterm elections affecting energy markets. 
2.Elon Musk Confirms Tesla-SpaceX Merger Discussions
Elon Musk confirmed SpaceX and Tesla have formed special committees to discuss merger, stating it would be a good idea. This follows SpaceX's strong Q3 2026 results showing $14.6 billion revenue, up 161% year-over-year driven by AI and Starlink growth with $4.4 billion net income.
3.US Navy Halts Aevex Drone Boat Purchases
The US Navy will stop buying Aevex Corp's BlackSea drone speedboats over performance issues after spending more than $130 million on the technology, according to Bloomberg reports citing people briefed on the matter regarding the defense contract termination.
4.SpaceX Starship Weekly Launch Target Announced
Elon Musk announced SpaceX expects Starship to achieve weekly launches in first half of next year, increasing to at least twice weekly in second half, marking significant scaling of the company's next-generation rocket program for commercial and government missions.
📊 Market Shifts
1.Wrapped ETH Listed on Canton Network
Temple platform on Canton Network listed BETH, a wrapped ETH product issued by BitSafe, enabling institutions to move between ETH and dollar liquidity. Users deposit ETH on Ethereum to receive BETH on Canton, with BitSafe already issuing CBTC wrapped Bitcoin on the network.
2.82 Crypto Projects Shut Down in 2026
At least 82 crypto projects have reportedly shut down in 2026 as weak demand, depleted funding, falling revenues and security breaches force closures across the industry, highlighting ongoing challenges in the current market environment for blockchain startups and protocols.
3.Stablecoin Volume Hits $891B in Q3 2026
Brent crude edged lower near $109 per barrel as traders assessed inaccurate reports of U.S.-Iran agreement progress. Prices fell 3.3% intraday before recovering, with December contracts settling at $108.79 amid Middle East tensions and upcoming U.S. midterm elections affecting energy markets. 
2.Elon Musk Confirms Tesla-SpaceX Merger Discussions
Elon Musk confirmed SpaceX and Tesla have formed special committees to discuss merger, stating it would be a good idea. This follows SpaceX's strong Q3 2026 results showing $14.6 billion revenue, up 161% year-over-year driven by AI and Starlink growth with $4.4 billion net income.
3.US Navy Halts Aevex Drone Boat Purchases
The US Navy will stop buying Aevex Corp's BlackSea drone speedboats over performance issues after spending more than $130 million on the technology, according to Bloomberg reports citing people briefed on the matter regarding the defense contract termination.
4.SpaceX Starship Weekly Launch Target Announced
Elon Musk announced SpaceX expects Starship to achieve weekly launches in first half of next year, increasing to at least twice weekly in second half, marking significant scaling of the company's next-generation rocket program for commercial and government missions.
📊 Market Shifts
1.Wrapped ETH Listed on Canton Network
Temple platform on Canton Network listed BETH, a wrapped ETH product issued by BitSafe, enabling institutions to move between ETH and dollar liquidity. Users deposit ETH on Ethereum to receive BETH on Canton, with BitSafe already issuing CBTC wrapped Bitcoin on the network.
2.82 Crypto Projects Shut Down in 2026
At least 82 crypto projects have reportedly shut down in 2026 as weak demand, depleted funding, falling revenues and security breaches force closures across the industry, highlighting ongoing challenges in the current market environment for blockchain startups and protocols.
3.Stablecoin Volume Hits $891B in Q3 2026