⚡️ Backpack Securities’ tokenized BlackRock $BLK is live on Solana Backpack Securities-issued $BLK is live on $SOL via Sunrise and Raydium. Trading pairs are supported by Stonk and PumpFun.
🚨 JUST IN: Absa becomes Africa’s first bank to offer $BTC and crypto custody. South African banking giant Absa, with 13 million clients, has become the first bank in Africa to offer Bitcoin and cryptocurrency custody. The bank now provides $BTC and crypto custody services.
📉 Series A is emerging as the venture market's new bottleneck Seed rounds are holding firm, especially for AI startups, but fewer funds can write $10–15M Series A checks. Just 23 funds with $200–500M in capital were active in 2022, while 2023 and 2024 combined produced only 24. Older vintages are largely spent — 2021 funds have roughly 14% of capital left and 2022 funds about 24% — as demand climbs: 24.1% of AI startups reach Series A within eight quarters of seed, versus 19.2% of all others.
🇪🇺 EU regulators proposed expanding MiCA, Europe's crypto rulebook. The proposal adds stronger powers to freeze crypto assets, oversight of staking and lending services, and control over which companies can offer DeFi access. It also restricts unapproved stablecoins and tightens rules on crypto promotions and unauthorized platforms. Nothing changes yet, as the proposal still needs approval.
🔥 NOW: Fiserv launches its digital asset platform on $SOL with Bank of North Dakota’s Roughrider Coin. Fiserv says the platform is live on $SOL, starting with Bank of North Dakota’s Roughrider Coin. The coin lets 90+ banks and credit unions settle payments in seconds.
🛰️ SpaceX plans to launch orbital AI data centers that will be more powerful than the entire International Space Station. Elon Musk shared new details on SpaceX’s Star Mind project, a network of orbital supercomputers. Each satellite will generate over 250 kW of solar energy—20% more than the entire ISS—and use NVIDIA GPUs, likely GB300, liquid radiators about 160 m², and SpaceX-made solar panels, according to Musk. The economics and viability of orbital data centers, including long-term solar radiation effects, remain uncertain.
📈 iTrustCapital CEO says over 50% of clients are buying Bitcoin The CEO of the $1.3 billion platform iTrustCapital says more than half of its clients are buying $BTC, according to Bitcoin Magazine. The CEO added that investors have been allocating over time since the $58,000 low.
🇬🇧 UK's Smarter Web Company opens IPO of MORE preferred shares, targeting up to £25M The London-listed firm is seeking as much as £25 million through the offering of its MORE preferred shares, according to BTCTimes. Between £5 million and £8 million of the proceeds are earmarked for $BTC purchases.
📉 $BTC has crashed around every U.S. midterm election in its history. $BTC fell shortly before or after each U.S. midterm election on record. The question is whether it will happen again.
⚠️ Report: LATAM stablecoin liquidity concentrated among few providers Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” according to Cointelegraph. The report found that just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.
⚡ AI Agents Cross 10 Million Payments on XRP Ledger The Ripple-backed XRP Ledger recorded 10 million payments from AI agents, per U.Today's Oct. 1 morning crypto roundup. The same update noted a US bond shock that ended Bitcoin's ETF inflow streak. $XRP $BTC
⚖️ CLARITY Act falls short, but crypto rules still take effect The CLARITY Act failed to pass. Crypto rules were implemented regardless, according to CoinDesk.
📉 US Bond Yields Drop From New 24-Year Highs, $BTC Tries to Hold Local Uptrend US bond yields fell sharply around Thursday’s Wall Street open, Cointelegraph reported. Bitcoin price action sought to preserve a local trend of higher lows.
🚨 Citi Raises 12-Month $BTC Target to $113,000 Citi has raised its 12-month Bitcoin ($BTC) price target to $113,000, reversing a major bearish revision made three months ago, according to U.Today. The Wall Street banking giant attributed the change to renewed ETF inflows.
🏦 U.S. Congressional Research Service: Banks Need Clarity Act to Expand Crypto Operations The U.S. Congressional Research Service warned that banks cannot expand crypto operations without passage of the Clarity Act, according to a Bitcoin Telegram channel post. The warning states the legislation’s passage is required for that expansion.
🤝 Crypto sponsorship isn't just a logo. It's a rights + activation investment. Score the rights package, budget for activation, and measure delivery before you commit. Read our full guide: https://crynet.io/insights/crypto-sponsorship-strategy-rights-activation
📅 Evernorth's Ripple-backed $XRP treasury has an October 8 Nasdaq debut date. Evernorth cleared the final hurdle to list the first actively managed, Ripple-backed XRP treasury on Nasdaq, according to U.Today. The Nasdaq debut is scheduled for October 8.
🚨 ZachXBT: $NEAR Intents Exploited for $3.8M+ ZachXBT says the $NEAR Intents exploit netted over $3.8 million. The stolen funds were sent to KuCoin and bridged to $BTC.