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@Coinbase launches “Coinbase Business” for USDC payments, offering 4.1% APY on balances and integrations with QuickBooks/Xero. Exploring stablecoin utility across platforms amid competition with Circle. #Update #Crypto $USDC
The Bitcoin network hashrate fell to 1,030 EH/s in early October, down 5 EH/s from previous highs; U.S. miners’ market cap hit $79B, with daily revenue per EH/s rising 6%. #Update #Crypto $BTC
@BNY_Mellon is exploring stablecoin infrastructure development but hasn’t committed to launching its own token, focusing on supporting the ecosystem instead. #Update #Crypto $USDC
Federal Reserve Governor Michael Barr warns of risks in stablecoin regulations, citing past financial crises; industry awaits clarity post-GENIUS Act while Tether’s USDT operates offshore. #Update #Crypto $USDT
@Daylight has raised $75M to expand its blockchain-based power network, including $15M in equity and $60M in project financing, to develop a decentralized electric grid and “DayFi” protocol. #Update #Crypto
@Ripple is acquiring treasury software provider GTreasury for $1 billion, enhancing its corporate finance offerings and targeting legacy systems in treasury departments. #Update #Crypto $XRP
Citizens initiates coverage of @SharpLink with a $50 price target, forecasting ETH above $7,000 by 2026. Shares rise 2% to $15.45 as company raises $76.5M #Update #Crypto $ETH
@Kraken has acquired Small Exchange, a U.S.-licensed derivatives platform, for $100M, enhancing its trading capabilities ahead of a planned IPO in 2026. #Update #Crypto $BTC $ETH
Australia’s Minister for Home Affairs Tony Burke proposes new powers for AUSTRAC to restrict crypto ATMs, citing links to money laundering and scams as usage surges to 2,100 terminals. #Update #Legal $AUD
Bitcoin remains steady near $111,000 amid global market caution due to China’s trade measures; total crypto market cap holds at $3.8 trillion. DOGE gains 4% daily. #Update #Crypto $BTC
On Wednesday, @Paxos mistakenly minted $300 trillion of PYUSD on Ethereum due to a technical glitch, quickly resolved by burning the excess. All customer funds remain safe. #Update #Crypto $PYUSD
Bitcoin trades at $110,500, down 2%, amid U.S.–China tensions; Ethereum at $3,900, down 4%. Gold rises to $4,141.81/oz as safe-haven demand increases. #Update #Crypto $BTC $ETH
@Square will enable over 4 million small businesses to accept Bitcoin payments via the Lightning Network starting November 10, enhancing treasury efficiency for Bitcoin holders. #Update #Crypto $BTC
Eric Trump plans to tokenize real estate, offering fractional ownership tied to a developing building via @WLFI, potentially using its USD1 stablecoin for public investment. #Update #Crypto $USD1
