BTC traded at $84,400, down 2.38% over 24 hours, while ETH stood at $2,688.72, down 2.55%. Gold was at $4,333.40 and silver at $64.695; the S&P 500 and Nasdaq 100 fell 0.75% and 0.85%, respectively, while WTI and Brent fell 0.76% and 0.95%.
1. BTC liquidations hit $225M in an hour
Per Coinglass, total liquidations reached $225 million over the past hour, including $219 million in longs and $6.62 million in shorts. BTC liquidations totaled $57.49 million and ETH $59.87 million.
Assets to watch: BTC, ETH
2. U.S. 5-year Treasury yield tops 5% for first time since 2007
The U.S. 5-year Treasury yield rose 19.04 basis points to 5.032%, its first time above 5% since 2007.
3. RWA perpetuals volume surged 44x in August: a16z
Per a16z crypto, RWA perpetuals tied to stocks, gold and other traditional assets reached $117.3 billion in August volume, up 44x year over year, with $4.8 billion in open interest; about 86% of that volume, roughly $101 billion, traded on-chain.
Assets to watch: XAU
4. Meta unveils palm-sized AI device Muse Charm
Meta unveiled the Muse Charm, a palm-sized AI device with a roughly 2-inch OLED touchscreen and a 5G modem, running a new operating system built for the Muse assistant. It is planned for release before December, with pricing undecided.
Assets to watch: META
5. SoftBank issues $11.1B in bonds to fund OpenAI bet
SoftBank issued $11.1 billion in bonds to help fund its OpenAI investment, sending its shares up more than 7%.
Assets to watch: OPENAI
6. CME plans BCH and UNI futures for October 19
CME plans to launch BCH and UNI futures on October 19, subject to regulatory review. The BCH standard contract is sized at 250 BCH and the UNI standard contract at 10,000 UNI.
Assets to watch: BCH, UNI
7. 250M USDC minted on Solana
On-chain data shows USDC Treasury minted 250 million USDC on Solana.
Assets to watch: SOL
8. Whale moves 42,000 ETH to Galaxy Digital
Per Onchain Lens, a whale transferred 42,000 ETH (about $111.88 million) to Galaxy Digital to sell, after accumulating the ETH through Galaxy Digital OTC channels over the past two months.
Assets to watch: ETH
9. Galaxy adds $100M sUSDS to corporate treasury
Galaxy Digital used its own balance-sheet capital to add $100 million of Sky Protocol's sUSDS to its corporate treasury and approved sUSDS as collateral for its institutional trading business.
Assets to watch: SKY
10. Forward Industries plans $25M raise to buy more SOL
Forward Industries, a Nasdaq-listed Solana treasury company, plans to issue 3.125 million shares at $8 each to raise about $25 million, with net proceeds earmarked for buying more SOL.
Assets to watch: SOL
Market snapshot
BTC: $84,400 (24h -2.38%) | ETH: $2,688.72 (24h -2.55%)
Gold: $4,333.40 (+0.35%) | Silver: $64.695 (-0.41%)
WTI: $91.46 (-0.76%) | Brent: $102.10 (-0.95%)
S&P 500: 7,706.03 (-0.75%) | Nasdaq 100: 30,470.29 (-0.85%)
1. BTC liquidations hit $225M in an hour
Per Coinglass, total liquidations reached $225 million over the past hour, including $219 million in longs and $6.62 million in shorts. BTC liquidations totaled $57.49 million and ETH $59.87 million.
Assets to watch: BTC, ETH
2. U.S. 5-year Treasury yield tops 5% for first time since 2007
The U.S. 5-year Treasury yield rose 19.04 basis points to 5.032%, its first time above 5% since 2007.
3. RWA perpetuals volume surged 44x in August: a16z
Per a16z crypto, RWA perpetuals tied to stocks, gold and other traditional assets reached $117.3 billion in August volume, up 44x year over year, with $4.8 billion in open interest; about 86% of that volume, roughly $101 billion, traded on-chain.
Assets to watch: XAU
4. Meta unveils palm-sized AI device Muse Charm
Meta unveiled the Muse Charm, a palm-sized AI device with a roughly 2-inch OLED touchscreen and a 5G modem, running a new operating system built for the Muse assistant. It is planned for release before December, with pricing undecided.
Assets to watch: META
5. SoftBank issues $11.1B in bonds to fund OpenAI bet
SoftBank issued $11.1 billion in bonds to help fund its OpenAI investment, sending its shares up more than 7%.
Assets to watch: OPENAI
6. CME plans BCH and UNI futures for October 19
CME plans to launch BCH and UNI futures on October 19, subject to regulatory review. The BCH standard contract is sized at 250 BCH and the UNI standard contract at 10,000 UNI.
Assets to watch: BCH, UNI
7. 250M USDC minted on Solana
On-chain data shows USDC Treasury minted 250 million USDC on Solana.
Assets to watch: SOL
8. Whale moves 42,000 ETH to Galaxy Digital
Per Onchain Lens, a whale transferred 42,000 ETH (about $111.88 million) to Galaxy Digital to sell, after accumulating the ETH through Galaxy Digital OTC channels over the past two months.
Assets to watch: ETH
9. Galaxy adds $100M sUSDS to corporate treasury
Galaxy Digital used its own balance-sheet capital to add $100 million of Sky Protocol's sUSDS to its corporate treasury and approved sUSDS as collateral for its institutional trading business.
Assets to watch: SKY
10. Forward Industries plans $25M raise to buy more SOL
Forward Industries, a Nasdaq-listed Solana treasury company, plans to issue 3.125 million shares at $8 each to raise about $25 million, with net proceeds earmarked for buying more SOL.
Assets to watch: SOL
Market snapshot
BTC: $84,400 (24h -2.38%) | ETH: $2,688.72 (24h -2.55%)
Gold: $4,333.40 (+0.35%) | Silver: $64.695 (-0.41%)
WTI: $91.46 (-0.76%) | Brent: $102.10 (-0.95%)
S&P 500: 7,706.03 (-0.75%) | Nasdaq 100: 30,470.29 (-0.85%)