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U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

ME News reported that on October 14, institutional trading platform FalconX and synthetic dollar protocol Ethena launched a $1 billion secured lending arrangement funded by USDe stablecoin reserve assets. The arrangement uses overcollateralization, with Ethena holding a first-priority security interest. FalconX’s cumulative trading volume has exceeded $2.5 trillion. The information was disclosed by market intelligence account msbintel, which also mentioned Ethena’s official account. Source: ChainCatcher.

Ripple has partnered with Privy to support XRPL on the Privy developer platform. Following the integration, developers can add XRPL wallets to their applications without building wallet infrastructure themselves, enabling wallet creation, management, transaction signing, and other features. The integration supports XRP, the RLUSD stablecoin, and other assets on the XRPL network.

Analysis shows that the Bitcoin Bank Adoption Index rose to 34% in Q3 2026, led by Fidelity at 77%, followed by JPM at 47% and BNY at 46%. Adoption of Bitcoin and digital asset services among major global banks is increasing, but remains at an early stage. Traditional financial institutions are advancing digital asset infrastructure, while Bitcoin-related services are expanding from investment products to custody, financing, and applications. The index’s increase this quarter was driven by broader access to ETFs/ETPs, growing institutional custody, and the development of BTC-backed lending, with stablecoins and asset tokenization also contributing.

ME News, October 13 (UTC+8) — The U.S. Federal Trade Commission (FTC) is conducting an early-stage review of the online sports betting industry, with a focus on allegations that sportsbooks such as FanDuel and DraftKings engaged in deceptive or misleading advertising. Reports indicate that prediction market platforms such as Kalshi and Polymarket are not expected to fall within the scope of the review. (Source: PANews)

MoonPay has announced the appointment of Anne Giviskos as its global chief financial officer, while Mouna Ammari Siala will continue serving as interim CFO of MoonPay’s U.S. business. Giviskos previously served as interim CFO and chief accounting officer at Navan and also held senior roles at the New York Stock Exchange and Euronext. Regarding a potential listing, a MoonPay spokesperson said the current focus is on building an iconic private company and continuing to expand its payments, stablecoin, and financial markets businesses.

ME News reported on October 13 (UTC+8) that hardware wallet manufacturer Trezor posted on X, stating that in light of the recent Ledger supply chain incident, it will significantly reduce the number of distributors to more effectively vet its partners. In a letter to distributors, Trezor Chief Commercial Officer Danny Sanders stated that the authorization of the notified distributors will terminate on January 1, 2027. Trezor will no longer ship products to them effective immediately, but they may continue selling their remaining inventory before then. For distributors that continue the partnership, Trezor will update its legal framework and conduct stricter reviews of the procurement, storage, and handling processes for its devices. Trezor emphasized that there is currently no evidence that Trezor devices have been compromised, and that this is a precautionary measure. Trezor had previously also stated that

Rain launches Rain Wallet, embedded in partner applications, enabling users to receive payments, save, spend, and transfer funds. Wallet balances can be used directly for purchases with Rain Cards. Login supports passkeys, email, or phone verification codes. The non-custodial wallet is currently available to partners and supports 12 networks: Arbitrum, Avalanche, Base, BNB Smart Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync. Custodial wallets and yield on balances will be launched by year-end.

Goldman Sachs used proceeds from wealthy clients’ gains on the SpaceX IPO to arrange $450 million in charitable donations in advance. The donations were disclosed as a special charge in its quarterly report, reducing diluted earnings per share by approximately $1. With SpaceX valued at approximately $1.77 trillion, wealthy clients profited handsomely when it went public, and Goldman Sachs also received hundreds of millions of dollars. CEO Solomon previously said that such windfall gains could be used to make large-scale charitable donations in advance to improve tax efficiency.

CoinShares’ latest biweekly report showed that U.S. spot BTC ETFs saw net outflows of $679 million last week, while ETH ETFs saw net outflows of $542 million, bringing the cumulative total to approximately $700 million. BTC briefly approached $87,000 before falling to $80,300 and rebounding to $83,500. BTC’s correlation with the Nasdaq recovered to approximately 40%, while its correlation with inflation-linked bonds strengthened. This week’s CPI will be a key variable. If core CPI rises 0.3% month over month, it could boost expectations of a Federal Reserve rate hike, and BTC could test $80,000 again.

ME News reported on October 13 that on-chain analyst Ai Yi’s monitoring showed that Machi reduced his position twice today, realizing actual losses of approximately $1.01 million and $12,000. He still holds a 25x long position of 7,150 ETH, with a position size of approximately $17.86 million and a liquidation price of $2,472.78, just $26.52 away from liquidation. He had a profit of $5.46 million on October 5, but his account balance is now $562,000, with cumulative losses of $11.27 million over the past 7 days.

Glassnode notes that Bitcoin has recently rebounded from the ETF cost basis level, which has become an important support for the market. BTC remained below the cost basis for most of this year, and the rebound in May was also rejected in that range. BTC is currently finding support at around $81,500; if this support breaks, the next key level to watch is the True Market Mean, at approximately $77,500.

DRW and Marex execute a total return swap through Derivnex on the Canton Network, referencing S&P Dow Jones Indices’ on-chain corporate bond benchmark, the iBoxx USD Liquid Investment Grade Index. The swap gives both parties exposure to the index without holding the bonds. Kaiko combines the benchmark data with access rules and S&P-authorized controls, providing Derivnex with signed official index values for valuation. Derivnex expresses the terms through Canton smart contracts using a common derivatives trading domain model. Future plans include migrating margin, collateral, and contract payments to the same infrastructure to improve efficiency.

Sui Devnet has completed testing of native post-quantum signatures. The new version supports ML-DSA-65 post-quantum signature verification for transaction authorization by regular accounts; Move will introduce SLH-DSA-SHA2-128s signatures to protect high-value assets. Existing accounts can derive post-quantum keys through their mnemonic phrases and update authorization using address aliases, without transferring assets. A post-quantum vault is planned for deployment on mainnet by the end of 2026, with native ML-DSA-65 accounts to be introduced on the testnet. The goal is to achieve native account authentication on mainnet in Q1 2027, with the timeline subject to security audits and testing.

Ledger announced that it is working with German retailer MediaMarkt Saturn on an investigation and has suspended online and in-store device sales. This follows reports from German users that devices may have been tampered with. No loss of funds has been reported so far. Ledger said it has found no evidence of a system breach. Customer service will review the reports, and Donjon will inspect the devices. The company advises users to contact support through official channels. Ledger will never proactively call or send direct messages, or ask for a recovery phrase. Beware of unverified information, and do not obtain information through unofficial channels.

If the Democratic Party wins a majority in the House or Senate in the midterm elections, it will gain subpoena power and stronger investigative capabilities, exposing Wall Street banks, crypto companies, and prediction market regulation to greater scrutiny. Democrats plan to investigate the business ties between Trump, his family, and the crypto and prediction market sectors, with a focus on conflicts of interest. Casten and others may increase their influence over crypto regulation after Democrats take control of the House. Analysts say the investigations could increase companies’ compliance costs, operational pressure, and reputational risks.

Bloomberg ETF analyst Balchunas said Defiance CEO Matt Bielski stated that Yamo Pharma’s L1-79 has changed lives. His 4-year-old son Lev has autism. L1-79 is in Phase 2 clinical trials and may become the first FDA-approved drug for autism. Approximately 1 in every 31 children in the United States is diagnosed with autism, and Bielski’s youngest son is among them.

ME News reported on October 13 that Strive purchased 3,311 Bitcoin last week, bringing its total holdings to 32,773; approximately $208 million worth of warrants have been exercised, with about 15.3 million remaining, set to expire at 5 p.m. Eastern Time. SATA’s $100 minimum issue price has become a mandatory provision in the governance documents, formally establishing the relevant protection mechanism.

On October 13, the 2026 Nobel Prize in Economic Sciences was awarded to Michael Woodford and Robert Hall in recognition of their contributions to the theory of monetary policy stability. Commentary noted that Woodford’s research challenged Warsh’s position on forward guidance and transparency, emphasizing that central bank explanations of policy decisions are themselves an important monetary policy tool. This will make the Federal Reserve’s future interest rate signaling and communication methods a focal point.

JPMorgan Chase and Goldman Sachs are leading the underwriting of a total $5 billion loan for Volta Infrastructure Holdings (Volta AI), but will underwrite only $1.3 billion of the term loan to reduce their own risk exposure. The $1.3 billion term loan will be used to pay the leasing costs for Bitdeer’s data centers. The parties involved declined to comment.