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Bitmine doubled down on ETH during the crash — bought 126,971 ETH last week. 🚀🧾 The firm’s biggest weekly purchase in 2026 pushes its holdings toward ~5% of supply, signalling that an institutional treasury still sees long-term value in Ethereum fundamentals despite a deep drawdown. This matters for network economics and staking/liquidity dynamics — not just price noise. Source: CoinDesk

Chainlink CCIP pulls >$1.1B this week — projects are switching bridges. Following April’s Kelp DAO exploit, major protocols (Virtuals, Lombard, others) have migrated large positions off LayerZero and onto Chainlink’s Cross‑Chain Interoperability Protocol (CCIP). This week alone CCIP attracted over $1.1B in token value, signalling a fast industry rotation toward bridges prioritizing verified security and auditability. Expect more wrapped‑assets and L2 flows to standardise on CCIP. 🔐🚀 Source: CoinDesk.

Ethereum ramps up scaling: more blobs, lower L2 costs Core developers are pushing to increase EIP‑4844 (proto‑danksharding) blob capacity this year — a practical step before full danksharding. That means rollups will be able to post far more cheap calldata per block, cutting L2 settlement costs and improving UX for dapps and builders. Expect faster, cheaper batching and renewed pressure on single‑chain throughput assumptions. 🔧⚡️ Why it matters: this is the plumbing that makes multi‑L2 scale real and keeps Ethereum competitive as rollups onboard mainstream users. Source: ethereum.org

Paxos cleared by the SEC — bridging TradFi and crypto. The SEC has granted Paxos registration as a clearing agency, marking the first time a blockchain-native firm gets this approval. This lets Paxos offer regulated post-trade clearing services and could accelerate institutional access to tokenized markets, custody integrations, and compliant settlement rails. Expect faster institutional product builds and renewed focus on compliance across on‑chain infrastructure. 🚀🔗 Source: Decrypt

🔥 #FTT Caroline Ellison, the former head of Alameda Research, has been sentenced to two years in prison. All crypto Events by GG

🚫 #ETH The SEC has postponed its decision on BlackRock’s Ethereum ETF options until November 10 – document here. All crypto Events by GG

☪️ Bybit launches the world's first "Crypto Islamic Account! Bybit has introduced a unique "Crypto Islamic Account," designed to comply with Shariah principles. This account allows users to engage in spot trading with 75 tokens that are certified as Sharia-compliant. The move marks a significant step in making crypto trading accessible to the Islamic finance community. All crypto Events by GG

🔥 "The SEC has approved the listing of options for BlackRock’s spot Bitcoin ETF – document ▫️Eric Balchunas: 'The SEC’s decision is just one step in the approval process; green lights from the OCC and CFTC are still required.' ❗️Larry Fink, CEO of BlackRock: 'Bitcoin is a legitimate financial instrument that deserves to be part of investment portfolios.' ▫️Bitwise: 'The launch of BlackRock's spot Bitcoin ETF options will lead to significant volatility.' All crypto Events by GG

Donald Trump: "Cryptocurrency has a bright future. It can help pay off the U.S. national debt of $35 trillion." Web 3 World

👀 BlackRock is preparing for a potential debt crisis in the U.S... They forecast a rise in "institutional interest in Bitcoin" amid the Fed's rate cuts and U.S. debt issues (Forbes). Web 3 World

😳 Kamala Harris is now leading Donald Trump by 4% on Polymarket -see. Web 3 World

⚡️ Jerome Powell (Chairman of the Federal Reserve): ✔️ The economy remains generally strong. ✔️ The labor market continues to cool, which is a significant step forward compared to the beginning of this year. ✔️ Today's decision reflects growing confidence that labor market stability can be maintained. ✔️ Consumer spending remains steady. ✔️ Inflation has noticeably decreased but remains above our target level. ✔️ The labor market is not a source of increased inflationary pressure. ✔️ We expect stable GDP growth. ✔️ Inflation risks have diminished. ❗️ The risks of worsening conditions in the labor market (employment) have increased. ✔️ Our forecasts are not a plan or decision. ✔️ We will adjust the Federal Reserve's monetary policy as necessary. ✔️ If the labor market situation worsens, we can respond. ❗️ We can lower interest rates faster or slower, or pause if appropriate (depending on the economy). ✔️ Most Federal Reserve governors supported today’s 50 basis point cut, but there was strong debate.

#Opinion 🧐 Crypto companies may begin leaving the US if Kamala Harris becomes president – CEO of Nansen. “If Trump wins, it will have a very optimistic effect on the crypto industry. With another president, there’s a strong chance of a relatively hostile environment.” Web 3 World

🐃 Bank of America notes improved investor sentiment for the first time since June (fund manager survey) The surveyed managers oversee assets worth $632 billion+. ▫️ Optimism in the markets is driven by expectations of a Fed rate cut. ▫️ Recession remains a key concern, but respondents don't expect it within the next 12 months. ▫️ 79% of fund managers predict a "soft landing." ▫️ Respondents are actively increasing SHORT positions in Chinese stocks and LONG positions in gold. ▫️ 42% of fund managers believe the global economy will NOT grow over the next 12 months. ▫️ Investment in cyclicals and commodities is at a seven-year low. ▫️ 6 out of 10 respondents think the current Fed monetary policy is "too restrictive."

🔥 The Fed meeting is set for tomorrow (18:00 UTC) The consensus forecast is a 50 bps rate cut (65% probability). ❗️Twitter is buzzing with comparisons between 2007 and 2024, noting that in 2007 the Fed also cut rates for the first time after a prolonged tightening cycle. ▫️ BlackRock believes the Fed's rate cut won't be as significant as the market expects. ▫️ Reuters analysts predict a 25 bps cut at tomorrow’s meeting, with two more 25 bps cuts later this year. Web 3 World

👌 #TWT Trust Wallet responded to the "spreading FUD" The delisting of TWT on Binance is a RUMOR. Someone posted a fake image of a delisting announcement, misleading people. Reports of a hack are also false, all funds are safe. They thank everyone who "debunked the FUD by posting evidence online." Web 3 World

🔽 According to Bloomberg, tech stocks are dropping due to Apple's disappointing iPhone 16 demand, which fell short of expectations. Additionally, traders are bracing for decisions on interest rates from the Federal Reserve and the Bank of Japan. ❗️#Records The Dow Jones Index hit an all-time high today. Web 3 World

🌐 #RWA SWIFT plans to implement infrastructure for settlements with tokenized assets. Web 3 World