๐๐ #ETH saw over $2.2 billion in exchange outflows this week, bringing Ethereum exchange reserves to a 9-year low.
๐ฅณ Fintech company OnePay, majority owned by Walmart, will soon offer cryptocurrency trading and storage services on its mobile app in partnership with ZeroHash. cnbc
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๐ฆ Deutsche Bank made its first cross-border euro payment via the Partior blockchain platform in partnership with DBS.
๐บ๐ธ๐ #ETF Crypto in America: The U.S. government shutdown has delayed the SEC's routine approval process for cryptocurrency ETFs. While the SEC can still act in emergency situations, approvals of IPOs and ETFs, including pending applications for LTC, SOL, XRP and others, will likely be put on hold until the government reopens.
๐ฅ๐ค #COIN Samsung has partnered with Coinbase to provide cryptocurrency to more than 75 million Galaxy users via Samsung Pay
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๐ฎ #BTC Analysts at Standard Chartered predict BTC will reach $135,000 in the near term if the government shutdown drags on, and expect a price of $200,000 by the end of the year.
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๐บ๐ธ๐ #macro US (Sep):
- S&P Composite PMI: 53.9 (pre: 54.6);
- S&P Services PMI: 54.2 (pre: 54.5);
- ISM Services PMI: 50 (pre: 52).
- S&P Composite PMI: 53.9 (pre: 54.6);
- S&P Services PMI: 54.2 (pre: 54.5);
- ISM Services PMI: 50 (pre: 52).
๐ #BTC Swissblock: The Short-Term Holder cost basis (~$111.6K) continues to act as the pivot between bullish continuation and bearish risk.
Five successful defenses since May highlight structural resilience.
Five successful defenses since May highlight structural resilience.
๐ฆ #ETH Goldman Sachs sees an increase in institutional participation in Ethereum
๐ธ๐ CoinGlass: >$130 million liquidated in the last hour
๐ต๏ธโโ๏ธ๐ #BTC Taker Buy Volume just spiked to $1.62B in a single hour.
๐๐ค #BTC Glassnode: After last weekโs record options expiry, Bitcoin open interest reset sharply. This "clears the board" of hedging noise and sets the stage for Q4. The rebuild in OI now reflects deliberate positioning on direction & volatility, not just expiry mechanics.
๐ CryptoRank: Perp Volume Soars Past $9 Trillion
Traders assume more risk, driven by on-chain perpetuals. Institutional investments and wider crypto adoption fuel a surge. Competition among perpetual DEXs boosts volume, risk appetite increases, #ETF demand is strong, and crypto interest grows.
Perpetual futures (or perps) are a type of derivative contract that enables traders to speculate on the price movements of cryptocurrencies or other assets, without owning the underlying assets.
Traders assume more risk, driven by on-chain perpetuals. Institutional investments and wider crypto adoption fuel a surge. Competition among perpetual DEXs boosts volume, risk appetite increases, #ETF demand is strong, and crypto interest grows.
Perpetual futures (or perps) are a type of derivative contract that enables traders to speculate on the price movements of cryptocurrencies or other assets, without owning the underlying assets.