US GOV Re-Opens! XRP Up as ETF Launches! VISA Launch USDC Pilot!
Crypto majors traded decrease, with most down 1–2% earlier than rebounding on information of the US authorities reopening. Bitcoin (BTC) fell 2% to $103,200, Ethereum (ETH) slipped 1% to $3,500, Binance Coin (BNB) misplaced 1% to $966, and Solana (SOL) declined 2% to $157. XRP stood out, gaining 2% on the day and 9% over the week forward of its ETF launch. Amongst prime movers, AB surged 30%, whereas ZEC and QNT rose 8% and seven%, respectively. In macro and coverage information, the White Home Press Secretary remarked that October CPI information “might by no means come,” sparking market chatter. The Crypto Concern & Greed Index hit 15 (Excessive Concern) final night time—its lowest since March 4, 2025. FanDuel introduced a partnership with CME to launch a prediction market platform referred to as FanDuel Predicts, whereas the U.S. Division of Justice created a Crypto Rip-off Strike Drive with the FBI and Secret Service to fight worldwide “pig-butchering” networks tied to organized crime. Coinbase revealed plans to depart Delaware and reincorporate in Texas, citing a friendlier regulatory setting and stronger governance protections. In the meantime, SEC Chair Paul Atkins clarified that community tokens and digital collectibles aren’t thought-about securities until investor revenue expectations depend upon third-party managerial efforts. Visa launched a pilot to pay creators and gig staff in USDC, permitting fiat-funded payouts to decide on stablecoin rails forward of a broader 2026 rollout. Individually, Arthur Hayes suggested Zcash holders to withdraw ZEC from exchanges into shielded wallets amid heightened volatility and liquidity considerations.