⚡️DAILY RECAP⚡️
• 🇺🇸 Anthropic officially files to go public on the Nasdaq under the ticker $ANT.
• 🇺🇸 CFTC Chair Mike Selig says the agency is working on new rules to let crypto exchanges register directly with US regulators.
• 🇺🇸 US banking regulator OCC urges American banks to explore issuing their own stablecoins.
• 🇨🇦 Canada releases new draft stablecoin regulations requiring 1:1 reserves and maintaining its proposed ban on interest payments.
• Crypto hardware wallet maker Keystone reports a security breach and plans to destroy 18,835 wallets.
• Ripple launches new AI-powered tools to help businesses manage money and process payments using $RLUSD.
• 🇧🇷 Brazil’s stock market crashes 18% following President Lula’s unexpected election victory.
@Smart__Selena Keystone says existing users’ private keys and funds were not compromised.
The main concern is that hackers could use the stolen verification key to create fake wallets that appear genuine
JUST IN: Crypto hardware wallet maker Keystone says hackers stole customer data and a device verification key.
The company will destroy 18,835 wallets and suspend shipments over security concerns.
JUST IN: 🇧🇷 Brazil’s stock market crashes 18%, its worst daily decline in 36 years.
This comes after President Lula unexpectedly won Brazil’s presidential election.
JUST IN: Tom Lee's BitMine $BMNR buys 10,452 Ethereum worth $24 million.
Total holdings now stand at 6.05M $ETH valued at $15 billion, equaling 4.99% of total supply.
⚡️DAILY RECAP⚡️
• 🇪🇺 ECB plans to test the digital euro in 2027, with a potential launch in 2029 to reduce reliance on Visa and Mastercard.
• 🇰🇷 South Korea plans to delay its 22% crypto profits tax until 2029 for the fourth time.
• 🇱🇻 Latvia plans to introduce new rules for tokenizing real-world assets in 2027.
• Binance founder CZ predicts AI agents will replace credit cards with crypto payments, increasing crypto transactions by 1,000,000x.
• 🇺🇸 Mastercard praises Ripple’s $RLUSD stablecoin during an XRP Ledger event in New York.
⚡️KEY EVENTS TO WATCH NEXT WEEK:
Monday:
• 🇺🇸🇮🇷 US stock markets reopens amid renewed US-Iran tensions and surging oil prices.
Tuesday:
• 🇺🇸 US Consumer Confidence data.
Wednesday:
• 🇺🇸 Federal Reserve interest rate decision + Kevin Warsh press conference.
• 🇺🇸 $MSFT and $GOOGL earnings.
Thursday:
• 🇺🇸 US PCE inflation + Q3 GDP data.
• 🇪🇺 European Central Bank interest rate decision.
• 🇺🇸 $AMZN earnings.
Friday:
• 🇯🇵 Bank of Japan interest rate decision.
• 🇪🇺 Eurozone Q3 GDP data.
• 🇺🇸 US wage inflation data.
I will cover the developments that actually matter and break down what they mean for markets.
⚡️DAILY RECAP⚡️
• 🇮🇱 Israel’s central bank rejects Netanyahu’s plan to use crypto to evade sanctions.
• $BTC falls below $80,000 and $ETH nears $2,300, with over $500 million in long liquidations amid growing US-Iran tensions.
• 🇺🇸🇦🇪 President Trump, World Liberty Financial, and Steve Witkoff sued over alleged illegal profits tied to a $2 billion UAE-linked crypto deal.
• 🇺🇸 $1.7 trillion Franklin Templeton clears final hurdle to launch two ETFs that turn stock dividends into Bitcoin.
• 🇸🇪 Sweden’s central bank urges lawmakers to reconsider launching a digital currency amid growing stablecoin competition.
• Coinbase CEO Brian Armstrong predicts AI agents will generate $5 trillion in global commerce by 2030.