Abstract Shuts Down – Second Ethereum L2 to Fold
Pudgy Penguins-backed Abstract, the consumer-focused Ethereum Layer-2, will shut down on December 15, 2026.
Users must bridge assets out before then or risk losing access. The team cited stagnant growth, thin liquidity, limited DeFi, and unsustainable costs after losing tens of millions.
This comes just days after Blast’s shutdown announcement. The second major Ethereum L2 to wind down in a week.

#FedSeptemberMinutesLeanHawkish Fed September Minutes Lean Hawkish: What It Could Mean for Markets
The release of the Federal Reserve’s September meeting minutes has drawn renewed attention from investors as policymakers appear to maintain a relatively cautious and hawkish stance toward monetary policy. The tone of the minutes is particularly important because markets closely watch the Federal Reserve’s assessment of inflation, employment, economic growth, and the appropriate path for interest rates.
A hawkish Federal Reserve generally indicates that policymakers remain concerned about inflati

ICYMI, last week I compared @worldnetwork and @Concordium’s different approaches to private identity.
This week I went through some of their docs, and I found a few more things that make those differences a bit clearer when it comes to AI agents.
World starts with proof of personhood. A verified human can delegate their World ID to an agent, proving that a real, unique human sits behind it. That’s especially useful for Sybil resistance.
Concordium $CCD approaches the problem differently:
Its Agent Registry gives the agent its own onchain identity anchor, linked to the verified human or busines

Gate Social National Day Rising Stars: Post & Go Live to Win GT https://www.gate.com/campaigns/6434?ref=VLARBF1YAG&ref_type=132

Tonight, it may pierce the previous low at 2356.

😭 $421.59M crypto liquidations in just 1 hour!
Longs: $395.34M
Shorts: $26.25M
Bad day for leverage traders.

Many people see the Fear and Greed Index still at 64 in the “Greed” range and instinctively assume altcoins can still be chased. This is a typical misconception—warm market sentiment does not mean every coin is being supported by capital, especially when it has already fallen below key moving averages.
$AD is currently experiencing this kind of divergence. The current price is 0.2298, down 10.44% over 24h; MA5=0.24078 has fallen below MA20=0.250445, confirming a clear bearish alignment; RSI is only 16.2, indicating deep oversold conditions; the MACD histogram at -0.002024 is still weakening,

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😭Guys, I checked the screen in the middle of the night and almost threw my phone into the toilet—Bitcoin fell below $81k, ETH plunged straight to $2,423, and $709 million was liquidated in 24 hours, including $647 million in longs. It's a bloodbath! This isn't a pullback; it's the market maker bulldozing the longs!💥
I stared at the charts all day, puzzled. There was no major news, so how did the candlesticks suddenly turn into a waterfall? ETH's one-hour RSI crashed to 8.91. How many times have I seen that level in my eight years in crypto? The last time was the 3/12 black swan, followed by

Still 2 days left.
Never forget 10/10.

Something interesting is happening with tokenized stocks
For a long time, putting traditional assets onchain was mostly about proving that it could be done.
Now the conversation is starting to shift toward what those assets can actually do once they are onchain.
September gave us a good example
Tokenized equity assets reached a record $4.87B, while monthly onchain trading volume climbed to $15.6B But one number stood out to me
@RobinhoodApp processed $6.57B in trading volume, giving it roughly 42% of the market in a single month.
That kind of shift is hard to ignore.
And I don’t think Robinh

$HOOD
It’s making a swing low. NP

🚨 US YIELDS PUSHING, BITCOIN JUST LOST 81.7K
Guys, long-term bond yields keep printing new highs and risk is getting dumped.
$BTC trading at 81,250 (-2.3% in past 24hrs)
1hr liqudiations : 80.17M longs wiped
•Hold 81.1K = bounce shot back to 82K
•Lose 81.1K = 80K next, don't catch knives

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This profit has me feeling anxious and terrified, afraid the market will come to its senses tomorrow and blacklist me. 😳
When I checked the charts after lunch, $EDGE made another push higher, but follow-through was insufficient and the rebound lacked strength. Every upward surge seemed just short of breaking through. I judged that the pressure at the highs was still there, so I continued shorting around 0.12489. The message was simple: don’t chase longs; wait for it to pull back. With the resistance overhead still holding, the bears still had a chance.
This move provided the answer. Once 0.1

#CFTCProposesNew���CryptoAssetMarket”Category
🔥 CFTC’S CRYPTO MARKET FRAMEWORK: A POTENTIAL TURNING POINT FOR INSTITUTIONAL CAPITAL
The U.S. Commodity Futures Trading Commission (CFTC) is proposing a new regulatory category for certain crypto markets called the “Crypto Asset Market” or CAM.
This is more than a terminology change.
The proposal could create a clearer regulatory pathway for qualifying crypto trading venues and markets involving leverage, margin or financing.
Most importantly, this is still a PROPOSAL, not final regulation. The CFTC is seeking public feedback, and the final fram

I didn’t expect to even break even, but it ended up putting me straight into profit. This service is seriously on point.😭
While everyone was still watching from the sidelines, I kept an eye on $HOOKED ’s key level. It was tested three times without breaking—this kind of bottoming structure is exactly where I don’t hesitate. Went long.
From 0.005716 to 0.009448, +641.61%. Those on board should be laughing themselves awake.
Take 80% off the table first, protect the remaining 20% at the entry price, and let the profits run if it keeps surging.
Money made is the realization of your understanding;

#BTC Major cryptocurrencies collectively tumble, with Bitcoin testing 83k and the Fear & Greed Index at 64—will support break?
Selling pressure in the crypto market continued to intensify this week. Bitcoin fell 2.46% over 24 hours, hitting a low of 82787; Ethereum fell even more, dropping 4.39% to 2577 and breaking below the 2600 level. SOL fell 3.35% to 116.5; XRP fell 4.86% to 1.4243, with all four major cryptocurrencies weakening.
Total liquidations across the crypto derivatives market reached $712 million, with more than 123k people forcibly liquidated. The largest liquidation order appea