The Daily Flight🦉

• Crypto Continues To Bleed As Stocks Also Pullback

  Bitcoin falls below $108K while the stock market index returns to Extreme Fear

• Gold Breaks Out To Over $4,350/oz

  Gold refuses to slow down as it becomes the first asset to hit $30T market cap

• Regional Bank Stocks Plummet Amid Borrowing Issues

  Zions Bancorp & Western Alliance Bank fall 10%+ after both face loan problems

• Trump Gives Recap of Recent Call With Putin

  Trump makes progress with Russia as meeting is now planned for next week

• US 10-Year Treasury Yield See New Yearly Low

  Treasury bonds see more demand as the 10-Year yield fall to lowest since 2024

• Charles Schwab Looks To Add Crypto Trading in 2026

  The $10T asset manager will plan to add spot crypto trading starting next year

• Ripple Acquires GTreasury For $1B

  Ripple makes new acquisition with focus on corporate treasury management

• Tom Lee Says The Bubble Has Burst For Digital Asset Treasuries

  Concerns rise over DATs as Tom Lee and others make note of falling valuations

• BlackRock Updates Money Market Fund To Serve Stablecoin Issuers

  BlackRock reveals money market fund to hold reserves for stablecoin issuers

• Eric Trump Says Family Has Made Over $1B From Crypto

  The Trump family remains heavily invested in crypto with profits of over $1B

• California Passes Law Allowing State Government To Custody Crypto

  The 4th largest economy on earth will now be able to custody digital assets

• SEC Commissioner Says Tokenization Is a Huge Focus

  Hester Peirce highlights importance of tokenization and the need for privacy

• Chainlink & MegaETH Launch Real-Time DeFi Oracle

  MegaETH partners with Chainlink to offer real-time data with smart contracts

• Robinhood Announces Several New Token Listings

  $ASTER, $XPL, & $VIRTUAL are now all available for trading on Robinhood

• a16z Makes Investment Into Solana Staking Protocol Jito

  The VC received an undisclosed amount of $JITO tokens in return for $50M

• Florida Introduces New Bill For A Strategic Bitcoin Reserve

  House Bill 183 would let the state put 10% of public funds into digital assets

• Uniswap Integrates Solana on Web App

  Uniswap expands chain integrations as users can now make trades on Solana

• Pudgy Penguins Announce Partnership For Institutional Adoption

  Pudgy partners with Invariant bipartisan lobbying group to push adoption in DC

• MoonPay Introduces Commerce Solution For Crypto Payments

  MoonPay Commerce lets merchants accept crypto majors, alts, & memecoins

• CME Group Reports Record High in Crypto Futures Trading

  CME shows over $900B in trading volume for crypto futures & options in Q3

• Bank of England Limits Individual Stablecoin Holdings

  The UK says stablecoin holdings for individuals will be capped at $13K-$27K

• OpenSea Users Reveal Treasure Chest Rewards

  Wave 1 is over as traders can now open treasure chests and see their rewards

• Meteora Opens Wallet Checker For $MET Allocations

  $MET checker goes live as users can claim tokens or an NFT on October 23rd

• Jupiter Announces New Changes Around $JUP

  Jupiter plans to scale back DAO along with updates to staking & token burns

• Rekt Brands Show Off Latest Drink Collab With Ledger

  Rekt will plan to introduce their new drink partnership next week with Ledger

• Goodies Tease Upcoming Telegram Activation

  Several top crypto communities make posts about Goodies and Telegram

⬇️ Help us stay ad-free & share below! ⬇️