Crypto is feeling jittery but curious today, with AI stocks wobbling and traders hunting for the next pocket of strength. Money is still rotating into privacy and infrastructure plays while everyone keeps one eye on the Fed.

šŸš€ Helius CEO Mert Mumtaz joined the NEAR Council to push onchain privacy, and traders went wild. NEAR ripped the hardest of the day, so privacy is clearly still a magnet for buyers.

šŸ›”ļø Safe launched Safenet Aegis, a security network spanning several chains including ARB's Arbitrum. Security upgrades rarely grab headlines, but this one sent ARB flying.

⚔ ZKsync's Airbender hit real-time proving on a single GPU, and Vitalik Buterin weighed in. ZK jumped as developers got excited about faster, cheaper proofs.

šŸ¦ Charles Schwab is opening crypto trading to all its clients and plans to add three new coins by year-end. Retail access from a giant like Schwab is the kind of news that keeps the bulls talking.

šŸ¤– AI stocks took a beating as investors questioned the returns on massive spending, and hedge funds had their worst day since August. Crypto felt the spillover as risk appetite cooled.

šŸ” Fed Chair Warsh declined to signal another rate hike after hot inflation data, giving markets a breather. The big question now is whether that macro calm lasts.

āš–ļø A judge refused to let Gemini and the CFTC undo a 5 million dollar settlement, a rare moment of regulators getting told no.

Top movers after news:

NEAR: šŸŸ¢ā†‘ +17.75%

ARB: šŸŸ¢ā†‘ +15.54%

ZK: šŸŸ¢ā†‘ +14.77%

Can NEAR's privacy push keep this momentum going, or is it just a one-day pop? šŸ¤”

Is Warsh's no-hike stance enough to calm the AI selloff? šŸ“‰

Would you trust a security network like Safenet Aegis with your assets? šŸ”

Follow me for tomorrow's digest šŸ””

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