CrypticWeb3_

Tom Lee sees a massive upside for Ethereum.

The Fundstrat co-founder predicts $ETH could reach $25,000–$50,000 over the long term, supported by institutional adoption and the growth of tokenized financial markets.

Tom Lee believes Ethereum could become a major settlement layer for global finance. At $50,000 per ETH, its market capitalization would reach approximately $6.1 trillion, assuming a supply of 122 million ETH.

France is targeting wealthy crypto holders.

Lawmakers have proposed an exit tax on households moving abroad with over €800,000 in crypto, alongside new taxes on crypto-to-stablecoin swaps from 2027.

The proposed rules would bring crypto taxation closer to traditional financial assets in France. Both measures remain subject to parliamentary approval, with January 2027 as the proposed start date.

Ripple's $RLUSD gains institutional custody support.

Standard Chartered now offers RLUSD custody on the $XRP Ledger in Dubai, with plans to integrate the stablecoin as eligible collateral for institutional trading through LMAX Group.

Standard Chartered and LMAX Group aim to let institutions use RLUSD as trading collateral while keeping the assets in bank custody, reducing transfer risks and improving capital efficiency.

473 million XRP is heading to Nasdaq.

Ripple-backed Evernorth has completed its SPAC merger, bringing 473 million XRP and $300 million in gross cash proceeds as its shares are expected to begin trading on Nasdaq today under the ticker XRPN.

Evernorth is expected to begin Nasdaq trading today under XRPN, backed by investors including Ripple $XRP , SBI Group, Pantera Capital, Kraken, and GSR. The company plans to ring the Nasdaq closing bell on October 14.

Nvidia is investing big in American science.

The company has pledged $1 billion to support superintelligence and quantum computing research across the US, targeting breakthroughs in medicine, energy, and advanced materials.

Nvidia's five-year commitment will support US research institutions, quantum computing development, and cloud providers working on government projects.

Blockchain.com wants to enter prediction markets.

The company has applied for CFTC licenses to offer prediction markets and crypto derivatives in the US, targeting both retail and institutional investors.

If approved, Blockchain.com could bring digital asset management, crypto derivatives trading, and prediction markets together on a single platform.

Polkadot now has its own community-governed stablecoin.

dotUSD has launched on mainnet, with governance controlled by DOT holders through OpenGov instead of a private company.

The stablecoin initially relies on $USDT reserves, with plans to introduce more decentralized collateral options. Its launch follows a governance vote that received 98.4% support.

Starlink Mobile is getting a major upgrade.

SpaceX has announced an 800 MHz spectrum acquisition agreement and FCC approval for 15,000 next-generation satellites, bringing its satellite-to-phone network closer to broader coverage across the US.

SpaceX plans to combine satellite connectivity with ground-based mobile infrastructure, allowing ordinary smartphones to stay connected across cities, rural areas, and cellular dead zones.

Private markets are coming onchain.

Ondo has launched Private Markets, giving eligible investors tokenized exposure to leading private companies before their IPOs, with 24/7 secondary trading.

Investors no longer have to wait for an IPO to trade their exposure. Ondo plans to expand its onchain private markets across AI, robotics, cybersecurity, biotech, and more.

Greece wants to tax crypto profits at 10%, with smaller gains exempt.

A new draft bill proposes a €500 annual exemption and a lower tax rate than the 15% previously considered.

The proposal comes as the EU introduces DAC8 crypto reporting requirements, with transaction data from 2026 set to be reported in 2027. Greece still needs to clarify how different crypto transactions and investment losses will be taxed.

Giggle Academy grew from 100,000 learners to 2 million in nine months.

Founded by @CZ , the free education platform reached over 2 million learners across 193 countries.

Its progress so far:
• 2M+ learners across 193 countries
• 150+ volunteers
• More than 30M+ organic views
• 2,000+ storybooks, lessons, flashcards and games for playful learning

No ads. No subscriptions. Free learning for children worldwide.

$XRP is now available through Paxos’ regulated crypto brokerage platform.

Financial institutions partnering with Paxos can now access XRP trading and custody services through its existing infrastructure.

The addition allows Paxos’ financial partners to expand their digital asset offerings with XRP without developing separate trading or custody infrastructure.

Tether $USDT is exploring a national currency-backed stablecoin in Kazakhstan.

The company has partnered with the country's central bank and Alatau City Authority to study a tenge-pegged stablecoin and asset tokenization.

The agreement is still exploratory, with the three parties focusing on research, pilot development and training before any potential product launch.

Ripple Custody now supports the Canton Network.

The integration brings Canton’s institution-focused blockchain assets into Ripple’s existing custody infrastructure, allowing financial institutions to manage assets across multiple networks within one platform.

Ledger users can now borrow stablecoins against their Bitcoin $BTC holdings.

The new feature uses Morpho to provide self-custodial loans backed by wrapped BTC, with transactions approved through Ledger hardware devices.

Users can monitor their loan-to-value ratio, add collateral, repay loans or borrow more directly within Ledger Wallet, without depositing their assets into a centralized lending platform.

Samsung is bringing stablecoin payments to millions of Galaxy users.

The company is integrating @Solana Official -powered $USDC transfers into Samsung Wallet and Samsung Pay across 82M eligible U.S. Galaxy devices.

The rollout starts in the last week of October.

Users will be able to send USDC to compatible wallets and eligible bank accounts in 60+ countries, with fiat on- and off-ramps built in.

And Solana isn't alone.

Samsung is also integrating @Sui $SUI for USDC.

Stablecoins are moving from standalone crypto apps into everyday consumer wallets.

Securitize is expanding its tokenization push into South Korea.

The company is partnering with LG CNS to develop tokenized assets and infrastructure for the country’s financial market.

The collaboration will focus on three areas: market development, technology and product collaboration, and building digital asset infrastructure for South Korea’s financial sector.

Brevan Howard is expanding its use of Ripple’s institutional infrastructure.

Ripple Prime will provide the $35 billion hedge fund with multi-asset brokerage, clearing and financing services.

The partnership builds on Brevan Howard’s existing investment in Ripple and its participation in the company’s $500 million strategic funding round last year.

Hong Kong is expanding its regulatory framework for digital assets.

New legislation will bring crypto trading, custody, advisory and asset management services under dedicated licensing requirements.

HashKey and BitGo are expanding their institutional crypto partnership.

The two firms will collaborate across staking, trading, custody and RWA tokenization.

The partnership brings their infrastructure services under a broader relationship aimed at expanding institutional access to digital asset services, particularly across Asian markets.