- Stablecoin market capitalisation reached $300 billion; Crypto.com obtains a full stack of CFTC derivatives licenses; Cronos companions with Amazon Internet Providers (AWS) to advance institutional tokenisation and real-world belongings (RWA).
- US spot BTC ETFs had a web influx of US$3.2 billion final week, the second largest weekly web influx since inception. Spot ETH ETFs noticed a web influx of $1.3 billion in the identical interval, in comparison with a web outflow of $796 million the week earlier than.
- On the macro aspect, the US authorities entered a shutdown starting final Wednesday, the primary time since 2018. This briefly halted the discharge of key financial knowledge together with jobs stories. ISM Manufacturing PMI elevated to 49.1 from 48.7 in August, the seventh consecutive month the PMI remained beneath 50, indicating manufacturing contraction. The most recent CME FedWatch Instrument confirmed a 95% probability of a charge minimize in October, in comparison with 89% the week earlier than. Australia’s RBA held charges steady and remained cautious on inflation.
- Notable replace: Tether is looking for not less than $200 million for a digital asset treasury firm that may purchase Tether’s gold token XAUT.
- Notable occasions within the coming week: US Fed Chair Powell Speech and FOMC Minutes, New Zealand RBNZ Curiosity Charge Choice.
Value, quantity, and volatility indices have been up by +11.56%, +11.11%, and +14.30% respectively final week. All tokens in our index noticed constructive progress final week. BTC reached an all-time excessive above $125,500 over the weekend, whereas ETH surpassed $4,600. This coincided with the US authorities shut down earlier final week, which some analysts imagine shifted consideration in the direction of bitcoin’s store-of-value role. US spot bitcoin ETFs additionally recorded the second-largest weekly web influx final week.
Stablecoin market capitalisation reached a milestone of $300 billion final week, reaching $303 billion as of 5 October and marking a 48% progress year-to-date. That is supported by rising institutional adoption and rising regulatory readability (e.g., US GENIUS Act), fostering confidence.
Prime-cap tokens elevated in costs final week. BTC and ETH elevated by +10.1% and +9.0%, respectively.
Value improve was led by APT. Aptos partnered with Trump family’s World Liberty Financial to deploy the USD1 stablecoin, in addition to different retail and banking merchandise.
All key classes elevated in market capitalisation within the final seven days, led by Layer-1 and Layer-2.
Crypto.com & Cronos Information
- Crypto.com has approval of a full stack of US Commodity Futures Trading Commission (CFTC) derivatives licenses, changing into the primary main cryptocurrency platform globally to carry Futures Fee Service provider (FCM), Designated Contract Market (DCM), and Derivatives Clearinghouse Organisation (DCO) licenses within the US for derivatives.
- Cronos partnered with AWS to speed up institutional adoption of tokenisation and RWA by making Cronos knowledge, infrastructure, and AI instruments extra accessible to builders. AWS will present chosen Cronos builders with as much as $100,000 in credit to assist the event of tokenisation pilots, DeFi protocols, and AI-powered purposes.
- Crypto.com, Cronos, and Morpho introduced a collaboration to expand DeFi lending and tokenisation opportunities. The events will collectively launch stablecoin lending markets backed by wrapped belongings reminiscent of CDCBTC and CDCETH. The primary vaults on Cronos community are anticipated in This autumn 2025, giving customers the flexibility to borrow in opposition to their holdings or provide belongings into Morpho Vaults.
- Crypto.com and Sharps Know-how (STSS) introduced the expansion of STSS’s Solana-focused digital asset treasury strategy, leveraging Crypto.com’s custody infrastructure and OTC desk.
- Crypto.com partnered with SOL Methods (CSE: HODL) to support its treasury strategy and power validator integration. SOL Methods will diversify its custody operations by utilising Crypto.com Custody for a portion of its treasury operations. As well as, SOL Methods’ validator companies will likely be made out there to Crypto.com’s institutional custody shoppers.
Adoption
Regulation
Funding Automobiles
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