【Oct. 8 Early-Morning Recap】A Night in Crypto Amid Geopolitical Turmoil 👇
📉 Macro: $BTC fell below $84,000. Iran’s Revolutionary Guard announced it would blockade the “illegal shipping lanes” in the Strait of Hormuz. An attack on an oil tanker pushed prices higher, while the yield on 30-year U.S. Treasury bonds hit its highest level since 2002. Risk assets came under pressure across the board, and UBS has raised its year-end Brent crude price target to $100.
🔄 Three key signals from the project front:
① The Blast network officially announced its shutdown. Coinbase will suspend $BLAST trading on October 20. Holders must transfer their assets out by October 26; after that, they will be unable to retrieve them. (Today’s highest-rated AI event: 95 points.)
② The Winklevoss twins filed an S-1 application with the SEC for a $ZEC spot ETF, with plans to list it on Nasdaq—bringing institutional backing to the privacy sector.
③ A $28 billion bond ETF managed by Fidelity (with $7 trillion in assets under management) has been tokenized and brought on-chain via Plume (nBND), adding another major case to the RWA narrative.
💭 Commentary: Short-term fear is weighing on the market, but institutional adoption—through ETF filings and bringing RWAs on-chain—has not slowed. Stay clear-headed amid the storm.
NFA | DYOR
#BTC #BLAST #ZEC #RWA #BitcoinRecap
📉 Macro: $BTC fell below $84,000. Iran’s Revolutionary Guard announced it would blockade the “illegal shipping lanes” in the Strait of Hormuz. An attack on an oil tanker pushed prices higher, while the yield on 30-year U.S. Treasury bonds hit its highest level since 2002. Risk assets came under pressure across the board, and UBS has raised its year-end Brent crude price target to $100.
🔄 Three key signals from the project front:
① The Blast network officially announced its shutdown. Coinbase will suspend $BLAST trading on October 20. Holders must transfer their assets out by October 26; after that, they will be unable to retrieve them. (Today’s highest-rated AI event: 95 points.)
② The Winklevoss twins filed an S-1 application with the SEC for a $ZEC spot ETF, with plans to list it on Nasdaq—bringing institutional backing to the privacy sector.
③ A $28 billion bond ETF managed by Fidelity (with $7 trillion in assets under management) has been tokenized and brought on-chain via Plume (nBND), adding another major case to the RWA narrative.
💭 Commentary: Short-term fear is weighing on the market, but institutional adoption—through ETF filings and bringing RWAs on-chain—has not slowed. Stay clear-headed amid the storm.
NFA | DYOR
#BTC #BLAST #ZEC #RWA #BitcoinRecap