CRYPTO
Biztoc.com
09 Oct 2026 · 20:45
Clarity Act Sponsor Says SEC, CFTC Crypto Rules Cannot Replace Legislation
House Financial Services Committee Chairman French Hill said the Securities and Exchange Commission and Commodity Futures Trading Commission cannot provide the regulatory certainty cryptocurrency markets need through administrative rulemaking alone. Hill ackn… House Financial …
House Financial Services Committee Chairman French Hill said the Securities and Exchange Commission and Commodity Futures Trading Commission cannot provide the regulatory certainty cryptocurrency markets need through administrative rulemaking alone. Hill ackn… House Financial Services Committee Chairman French Hill said the Securities and Exchange Commission and Commodity Futures Trading Commission cannot provide the regulatory certainty cryptocurrency mar…
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
Lawrence Wong warns the AI tech rally will eventually face a correction
Singapore's prime minister says the AI chip boom is powering growth, but urges the country to use the good times to prepare for the turn Singapore Prime Minister Lawrence Wong has a message for …
Singapore's prime minister says the AI chip boom is powering growth, but urges the country to use the good times to prepare for the turn
Singapore Prime Minister Lawrence Wong has a message for anyone riding the global AI trade: enjoy it, but don’t get attached.
Speaking at the Forbes Global CEO Conference in Singapore on October 8, 2026, Wong said the worldwide tech rally will eventually run into a market correction. It’s an unusual thing to hear from a leader whose economy is currently one of the rally’s beneficiaries.
What Wong actually said
Wong’s core argument was simple. The AI-driven surge in tech has been good for economic growth, but bubbles have an expiration date.
“No boom is indefinite.”
His advice was to make the most of the current stretch of strong external demand. That means using the window to build up capabilities, pull in investment and create better jobs before the momentum fades.
Wong also pointed to where the benefits are showing up. Demand for AI chips has strengthened Singapore’s semiconductor industry. That boost has spilled over into related sectors, including logistics and professional services.
Why Singapore has skin in the chip game
Singapore accounts for roughly 10% of global semiconductor production. For a city-state of its size, that is an outsized slice of one of the world’s most strategically important industries.
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Wong name-checked two of the heavyweights operating there: GlobalFoundries and Micron. Both produce memory and specialty chips that are in high demand right now.
The economic payoff is already visible in the official numbers. Singapore has revised its GDP growth forecast for the year upward to a range of 4.5% to 5.5%.
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The upgrade was credited to strong non-oil exports, driven mainly by the semiconductor sector. So the country’s improved outlook is tied pretty directly to the AI chip cycle.
That is the tension at the heart of Wong’s remarks. The same force propping up this year’s forecast is the one he expects to cool off at some point.
The labor question
Wong didn’t limit his comments to markets. He also addressed what AI means for workers.
He emphasized Singapore’s tripartite model, a cooperation framework between government, employers and unions. The idea is that all three sides work together so workers share in the gains as technology reshapes industries.
One distinction in his framing stood out. The priority is protecting workers, not protecting every individual job.
Wong called for proactive policy measures to deal with AI-related disruption. He also stressed making sure the economic gains are distributed fairly, rather than pooling at the top of the chain.
What this means
For investors, the most interesting part of Wong’s comments is who said them. This isn’t a short seller or a contrarian fund manager calling the top. It’s the leader of a country that directly benefits from AI chip demand, openly planning for the day that demand cools.
Notably, Wong offered no timeline. He said a correction will come eventually, not that one is imminent.
For Singapore specifically, the exposure cuts both ways. A roughly 10% share of global semiconductor production is a major strength while chip demand is surging. It also means a downturn in that demand would land with real weight on the economy, from the fabs to the logistics and services firms that grew alongside them.
That is likely why Wong’s emphasis falls on capabilities and investment rather than simply riding the cycle. If the country uses the boom to deepen its skills base and attract long-term commitments, it has more to fall back on when the cycle turns.
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
USDT’s grip on Asia-Pacific stablecoin payments loosens to 91%
A Ripple-commissioned CoinDesk Research report finds Tether's share slipping as compliance-focused stablecoins like RLUSD gain ground Tether’s USDT still runs the stablecoin payments show in Asia-Pacific. It just runs slightly less of it than …
A Ripple-commissioned CoinDesk Research report finds Tether's share slipping as compliance-focused stablecoins like RLUSD gain ground
Tether’s USDT still runs the stablecoin payments show in Asia-Pacific. It just runs slightly less of it than before.
A CoinDesk Research report found that USDT’s share of identified stablecoin payment volume in the region fell from 98% in early 2025 to 91% as of July 2026. The cause is not a collapse. It is a slow migration toward stablecoins built around compliance and regulatory approval, with Ripple’s RLUSD cited as an example.
What the numbers show
Ripple commissioned the report, and CoinDesk Research published it on September 15, 2026. Updates on RLUSD’s growth followed through early October 2026.
The headline finding is about geography. Asia-Pacific accounted for 51.2% of global identified stablecoin payment volume in the dataset, totaling $30.9 billion.
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That volume moved across 426 corridors in 28 countries.
Within that regional market, USDT’s share dropped 7 percentage points over roughly a year and a half. A 91% share is still dominant, but it means 9% of identified volume now flows through other stablecoins, up from just 2% in early 2025.
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The report also broke down what the payments were for. Business-to-business transactions made up 37.1% of Asia-Pacific stablecoin payment volume in the first half of 2026.
The compliance pitch
The research frames USDT’s slide as part of a broader diversification. Institutions, it argues, increasingly favor stablecoins that emphasize compliance, transparency and regulatory integration, rather than choosing based on liquidity alone.
RLUSD is pitching a different value proposition. The Ripple-issued stablecoin gained regulatory clearance in Japan as a new electronic payment instrument. It is now distributed through SBI VC Trade.
One caveat worth flagging: the report was commissioned by Ripple, the company behind RLUSD. That does not invalidate the data, but readers should weigh the framing around compliance-focused stablecoins with that relationship in mind. The research also does not specify how much of USDT’s lost share went to RLUSD specifically versus other alternatives.
What this means for the stablecoin market
Investors and traders should watch three things. First, whether the non-USDT share keeps growing in future data or stalls near current levels. Second, whether RLUSD and similar tokens secure approvals in other Asia-Pacific jurisdictions beyond Japan. Third, whether the B2B share of volume rises, which would suggest corporates are leaning further into stablecoin rails.
CRYPTO
ZyCrypto
09 Oct 2026 · 20:45
Dogecoin (DOGE) Price Is Ready to Explode as Analyst Eyes SSL Sweep
Dogecoin (DOGE) ptraded lower Thursday as a broader crypto market selloff weighed on digital assets. Bitcoin fell below $84,000, hitting $81,254 before partially recovering. The downturn triggered a wave of long-position liquidations across the …
Dogecoin (DOGE) ptraded lower Thursday as a broader crypto market selloff weighed on digital assets. Bitcoin fell below $84,000, hitting $81,254 before partially recovering.
The downturn triggered a wave of long-position liquidations across the market. According to CoinGlass, traders liquidated about $688.8 million in crypto positions over the past 24 hours.
Nevertheless, Dogecoin is approaching a key technical decision point, with one analyst warning that the meme coin could be preparing for a sell-side liquidity (SSL) sweep before making its next major move.
Crypto analyst Trader Tardigrade believes Dogecoin is repeating a structure seen during a previous uptrend. According to the analyst, DOGE has formed a series of lower highs while repeatedly finding support around a former swing-high area.
“Always prepare for the SSL Sweep during an uptrend,” Trader Tardigrade stated in a Tuesday tweet.
The analyst identified the recent low as the key sell-side liquidity (SSL) target. A sweep would involve DOGE moving below that level to collect liquidity before potentially reversing higher.
He also said traders should closely monitor the DOGE price action after it moves below the SSL. A rejection could set the stage for another new high, while sustained acceptance beneath the level could signal that DOGE is transitioning from an uptrend into sideways trading.
Notably, the setup comes as DOGE remains compressed inside a descending triangle, according to analyst Ali Martinez. The pattern has tightened as price moves toward its apex, raising the possibility of a bullish breakout.
Martinez has flagged $0.095 as a key confirmation level. He previously said a four-hour close above that threshold could validate a bullish breakout and open the door toward $0.106.
DOGE has nevertheless struggled beneath nearby resistance. The cryptocurrency recently traded around $0.098, where about 28 billion DOGE previously changed hands.
That resistance could determine whether the anticipated breakout gains traction.
Despite the technical pressure, large holders have been accumulating Dogecoin. Last week, data showed whales bought more than 1.14 billion DOGE over a 96-hour period, worth about $112 million at the time.
The buying emerged around the $0.098 resistance zone, suggesting that some large market participants may be positioning ahead of a potential breakout.
However, Martinez warned that clearing $0.098 would not immediately remove all overhead barriers. The next significant supply zone is around $0.11, where approximately 4.98 billion DOGE previously changed hands.
At press time, DOGE price was trading at $0.083, down 6.11% in the past 24 hours.
CRYPTO
Common Dreams
09 Oct 2026 · 20:45
Big Payback: Corporations That Enjoyed Enforcement Rollback Plowed $200 Million Into Pro-Trump Super PAC
The Trump administration's canceled enforcement actions against at least 205 corporations accused of wrongdoing have been cases of powerful companies "getting what they paid for," according to a new report by government watchdog Public …
The Trump administration's canceled enforcement actions against at least 205 corporations accused of wrongdoing have been cases of powerful companies "getting what they paid for," according to a new report by government watchdog Public Citizen.
Building on an analysis it released earlier this week regarding hundreds of canceled investigations and dismissed lawsuits against companies, many of which have ties to the administration, the group on Thursday published a follow-up report detailing just how much some of the corporations paid to have their legal troubles wiped away.
Companies that have benefited from the cancellation of enforcement have given $210.5 million in contributions and pledges to MAGA, Inc. and other super political action committees (PACs) that worked to elect President Donald Trump and other Republicans in 2024 and are continuing to back right-wing candidates in the midterms.
As Common Dreams reported Wednesday, SpaceX and Tesla CEO Elon Musk has benefited from at least eight canceled actions, with lawsuits filed against the former company by the Department of Justice’s Civil Rights Division and the National Labor Relations Board dismissed and an investigation into data center pollution presumably closed. Tesla has avoided three investigations that the National Highway Traffic Safety had begun and one that the Department of Labor has opened into contract compliance.
The cancellations didn't come for free, Public Citizen said. Musk—who also served in the administration last year and is now helping with a Pentagon project—donated $5 million to MAGA, Inc. and has pledged to spend $100 million to help elect Republicans this year.
“Corporations and ultrawealthy executives with enormous financial interests before the federal government are pouring extraordinary sums into the president’s political operation,” said Public Citizen co-president Robert Weissman. “Once the check is cashed, the administration is pulling back enforcement actions meant to punish corporate misconduct. It’s a great deal for the corporate wrongdoers—at the expense of their victims and the American people.”
Crypto.org is another top beneficiary of Trump's favorable treatment of the cryptocurrency industry, Wall Street, Big Tech, and large corporations that have pledged to help push his far-right agenda in the elections.
The Securities and Exchange Commission had been investigating allegations that the crypto platform was trading unregistered securities. The probe was abruptly closed in March 2025, after the company gave $35 million to MAGA, Inc. and $2 million to Keep America Great, another super PAC aligned with the president.
“Once the check is cashed, the administration is pulling back enforcement actions meant to punish corporate misconduct."
Gemini, co-founded by Tyler and Cameron Winklevoss, had been facing a similar investigation, but it was also closed after the company gave $20 million to MAGA, Inc.—on top of $10 million each that the two founders personally donated.
"Allowing corporations to make political payments in order to make enforcement go away is hardly a model for governing that supposedly prioritizes 'law and order,'" wrote Rick Claypool, research director for Public Citizen, in the report. "On the contrary, it is indicative of a profoundly unjust and arbitrary mode of enforcement organized around the principles of rewarding insiders, punishing outsiders, and concentrating power in the hands of an increasingly authoritarian president."
He noted that while the Trump administration has demonstrated little interest in addressing corporate wrongdoing, "enforcement personnel and resources are being channeled toward punishing immigrants, activists, and perceived political opponents."
"Restoring the rule of law will be a challenge for the future," wrote Claypool, "and the path forward will require a rebalance of priorities that ensures that corporations and the powerful cannot pay to protect themselves from federal enforcement that holds them accountable when they break the law."
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
Ethereum open interest drops 11.7% to lowest level since June 2026
Traders are pulling leverage out of ETH derivatives as prices consolidate and funding rates turn negative Ethereum traders are quietly heading for the exits. Open interest in ETH derivatives has fallen 11.7%, reaching its …
Traders are pulling leverage out of ETH derivatives as prices consolidate and funding rates turn negative
Ethereum traders are quietly heading for the exits. Open interest in ETH derivatives has fallen 11.7%, reaching its lowest level since June 2026.
Nobody is panic selling. Leveraged traders are simply closing positions, and the futures market is getting noticeably smaller as a result.
What the numbers show
Measured in coins, ETH derivatives open interest has slipped to 12.49 million ETH as of late September to early October 2026. One dataset puts that as the lowest reading since March 1, 2026.
That figure reflects a drop of 1.46 million ETH from the levels recorded during the early July recovery.
The selloff in positioning also had a single dramatic day. Aggregate ETH contract open interest fell 7.53% in one session in early October, landing at approximately $31.8 billion.
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Binance, which holds a large share of ETH derivatives activity, tells a similar story. Recent estimates place ETH open interest on the exchange somewhere between $3.25 billion and $6.2 billion.
Earlier this year, Binance ETH open interest fell to approximately $4.16 billion in late June. That marked its lowest point in over three months at the time.
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Shorts are holding the wheel
Funding rates on certain exchanges have now turned negative. That means bearish traders are paying to keep their positions open, which suggests they are currently in control of perpetuals.
All of this is happening while ETH trades in a fairly narrow band. Prices have been consolidating between $2,600 and $2,800, with spot market activity outweighing derivatives trading.
The bigger deleveraging picture
Analytics providers Coinglass and CryptoQuant have both tracked the ongoing deleveraging across ETH markets. Their data points to a broad caution about holding leveraged positions right now.
The pattern is not unique to Ethereum. Bitcoin futures have shown similar behavior, where falling open interest tends to reflect weaker speculative demand.
What this means for ETH traders
Lower open interest cuts both ways. On the positive side, less leverage in the system means fewer positions that can be forcibly liquidated if prices move sharply, as current leverage levels remain subdued compared to previous peaks.
The negative funding rates complicate that picture. They show that active traders expect further declines and are positioning accordingly.
There is also a contrarian wrinkle. When shorts crowd into a trade and pay to stay there, a sudden move higher can force them to buy back positions quickly, which can amplify any upside.
A few indicators are worth tracking from here. The first is whether open interest stabilizes near 12.49 million ETH or keeps sliding. The second is funding. A return to positive rates would suggest long traders are regaining confidence, while deeper negative rates would signal growing conviction among bears. The third is the price range itself. A move outside $2,600 to $2,800 would likely pull sidelined traders back in, in whichever direction the break occurs.
Exchange-level data also deserves attention. Binance figures, given the platform’s share of ETH derivatives, could offer an early read on whether leverage is returning or still draining.
CRYPTO
Pypi.org
09 Oct 2026 · 20:45
dcex 0.36.3
dcex - DEX & CEX trading library English | 繁體中文 dcex is a Rust-backed exchange library with synchronous and asynchronous Python clients and a standalone Rust crate. It covers market data, account queries, order …
dcex - DEX & CEX trading library
English | 繁體中文
dcex is a Rust-backed exchange library with synchronous and asynchronous Python clients and a standalone Rust crate. It covers market data, account queries, order APIs, and public and private WebSocket streams.
Broker codes: dcex does not set or attach a broker code or broker tag by default. You can specify one explicitly when the exchange API supports it.
Forked from krex, a simplified version of the ccxt Python library.
Installation
Python:
pip install dcex # or, in a uv-managed project: uv add dcex
Rust:
cargo add dcex
Key features
Synchronous and asynchronous Python HTTP clients, plus public and private WebSocket clients.
HTTP, WebSocket, and signing APIs for direct use from Rust.
A Product Table Manager (PTM) that normalizes exchange symbols and trading specifications.
Support for multiple CEX and DEX platforms; available endpoints vary by exchange.
Documented withdrawal, market-maker and partner endpoints are in scope; current coverage and specification gaps are recorded in the endpoint ledger. API withdrawals have no second confirmation; they execute on submit. Trading API keys should not have withdrawal permission. PTM includes listed options from Binance, Bybit, and OKX; option trading remains exchange-specific.
Supported exchanges
Exchange HTTP Sync HTTP Async WS Public WS Private Binance Yes Yes Yes Yes Bybit Yes Yes Yes Yes OKX Yes Yes Yes Yes Bitget Yes Yes Yes Yes Kraken Yes Yes Yes Yes MEXC Yes Yes Yes Yes BingX Yes Yes Yes Yes KuCoin Yes Yes Yes Yes Hyperliquid Yes Yes Yes Yes Lighter (Mainnet + Robinhood) Yes Yes Yes Yes Backpack Yes Yes Yes Yes Aster Yes Yes Yes Yes Extended Yes Yes Yes Yes Ondo Yes Yes Yes Yes Arcus Yes Yes Yes Yes
Bitget began migrating accounts to UTA on 2026-09-15. Classic-account private endpoints that Bitget rejects for UTA accounts (error 40085) have been removed; public market-data, tax and institutional-loan endpoints that still work remain. Use a UTA account for trading. See the official UTA upgrade guide and account settings.
Private WebSocket support includes authenticated or address-scoped user-data streams. Trading WebSocket APIs are available for Binance, Bybit, Bitget, OKX, KuCoin and Kraken Spot; Hyperliquid and Lighter accept signed actions, and Arcus provides signed request construction. Lighter Mainnet and Robinhood use separate credential profiles; select the network per client (Mainnet is the default); see .env.example and the Lighter examples. Ondo spot currently supports only public market data (depth, trades, symbol_info, history and WS spot channels); Ondo has not published its spot trading API, so private operations such as placing or cancelling orders with a -SPOT symbol fail locally without sending a request.
Endpoint coverage, limitations and verification.
Python quick start
Synchronous HTTP:
import dcex client = dcex . binance () print ( client . get_klines ( product_symbol = "BTC-USDT-SWAP" , interval = "1m" ))
Asynchronous HTTP:
import asyncio import dcex.async_support as dcex async def main (): client = await dcex . binance () try : print ( await client . get_klines ( product_symbol = "BTC-USDT-SWAP" , interval = "1m" )) finally : await client . close () asyncio . run ( main ())
Additional profiles cover Binance Alpha, Aster Prediction, KuCoin Classic/Pro and Kraken Spot V1. Bitget SBE returns raw binary frames for caller-side decoding.
Public WebSocket:
import asyncio from dcex.ws import binance async def main (): async with binance . public () as ws : await ws . subscribe_agg_trades ( "BTC-USDT-SPOT" ) print ( await ws . recv ()) asyncio . run ( main ())
Product Table Manager
PTM maps normalized product_symbol values, such as BTC-USDT-SWAP , to exchange-native exchange_symbol values and exposes trading metadata. Clients use this mapping where applicable.
Fields Meaning exchange , product_symbol , exchange_symbol Exchange and normalized/native symbols product_type , exchange_type Normalized and exchange-specific market types base_currency , quote_currency Product currencies price_precision , size_precision Price and size increments min_size , min_notional Minimum size and notional size_per_contract Contract multiplier
from dcex.product_table.manager import ProductTableManager table = ProductTableManager . get_instance ( "binance" ) print ( table . get_exchange_symbol ( "binance" , "BTC-USDT-SWAP" )) print ( table . get_product_symbol ( "binance" , "BTCUSDT" , product_type = "swap" )) print ( table . rows ()[ 0 ])
More examples and development
Runnable examples are in Python sync, Python async and WebSocket, and Rust. They focus on public data or read-only account queries. Private HTTP examples require credentials; private stream examples require credentials or a user address.
uv run python examples/sync/binance_public.py uv run python examples/async/binance_ws_public.py cargo run -p dcex --example binance_ws_public
For direct Rust usage, see the crate README. The default test suite runs offline with uv run pytest ; live suites are opt-in. See the contributing guide for development and testing details.
This project uses the MIT License; see the third-party notices for additional licenses.
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
Arc plugs Morpho Vaults into its Earn Kit SDK for USDC yield
Circle's layer-1 blockchain now lets developers route USDC and EURC into curated Morpho Vaults with a few lines of TypeScript Arc, the layer-1 blockchain developed by Circle, has rolled out its Earn Kit SDK. …
Circle's layer-1 blockchain now lets developers route USDC and EURC into curated Morpho Vaults with a few lines of TypeScript
Arc, the layer-1 blockchain developed by Circle, has rolled out its Earn Kit SDK. The kit lets developers connect USDC sitting in Arc apps directly to curated Morpho Vaults so users can earn interest.
What the Earn Kit actually does
The Earn Kit SDK is part of Arc’s broader App Kits suite. Its job is narrow and practical: embed USDC and EURC earning features inside applications without forcing builders to become DeFi engineers.
Developers skip several chores that normally come with offering yield. There is no need for custom DeFi protocol integrations, no vault contracts to write and no markets to bootstrap from scratch.
Instead, the SDK takes care of the plumbing. It handles vault discovery, deposits, position tracking and withdrawals on the developer’s behalf.
For builders, the interface is a set of TypeScript methods. Functions such as exploreVaults and deposit stand in for the smart contract code that would otherwise be required.
The setup is non-custodial. Users keep control of their funds through their own wallets, and their USDC sits in vault contracts rather than with the app or Arc.
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Early numbers and partners
Day-one deposits topped $150 million across USDC and EURC vaults.
Two integrations are already on the board. Pulsar Money Earn and SafePal have both connected to the framework.
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On the vault side, curators include Steakhouse Financial and Galaxy. Curators decide how deposited funds are allocated across lending markets, so the quality of curation largely shapes what depositors are actually exposed to.
At launch, the supported opportunities involve lending backed by ETH and BTC collateral. In plain terms, depositors’ stablecoins are lent to borrowers who post Ethereum or Bitcoin as security.
The kit also supports cross-chain deposits facilitated by CCTP, along with gas sponsorship. That means users may not need to hold a separate token just to pay transaction fees.
The SDK went live on testnet shortly after it was announced on approximately September 16, 2026. Full mainnet deployment is expected by late September 2026.
Why Morpho sits at the center
Morpho was established as Arc’s primary credit layer on around September 16, 2026. The Earn Kit is essentially the developer-friendly front door to that credit infrastructure.
Morpho’s role on Arc goes beyond passive yield. It provides variable-rate lending and borrowing, which gives the network a native place for stablecoin capital to find borrowers.
Arc’s App Kits are built around a cluster of stablecoin functions: funding, earning and borrowing. The Earn Kit fills in the earning piece of that puzzle.
What this means for builders and users
There are risks worth keeping in view. Yield from lending is only as sound as the collateral and the curation behind it, and launch-stage opportunities are concentrated in ETH- and BTC-backed loans.
A sharp drop in either asset would test the liquidation mechanics of these vaults. The non-custodial design protects users from an app misusing funds, but it does not shield them from market risk inside the vault itself.
The things to watch are fairly concrete. First, whether mainnet arrives on the expected late-September timeline. Second, whether more apps follow Pulsar Money Earn and SafePal in plugging in.
Third, whether deposits keep climbing beyond the $150 million opening mark across USDC and EURC vaults. Finally, if Arc expands beyond ETH and BTC backing, the risk profile of these vaults will shift, and developers will need to decide which opportunities they are comfortable putting in front of their users.
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
Curve Finance: Ethereum’s Glamsterdam upgrade may boost DeFi execution
Curve Finance has announced that Ethereum’s upcoming Glamsterdam protocol upgrade could significantly enhance decentralized finance (DeFi) execution by increasing blockspace and improving transaction reliability during network congestion. The upgrade aims to boost Layer 1 …
Curve Finance has announced that Ethereum’s upcoming Glamsterdam protocol upgrade could significantly enhance decentralized finance (DeFi) execution by increasing blockspace and improving transaction reliability during network congestion. The upgrade aims to boost Layer 1 execution capacity through various technical changes, including block-level access lists and parallel processing. Although tested on the Sepolia testnet with a raised block gas limit, Glamsterdam has not yet been activated on the Ethereum mainnet.
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Market activity suggests that the announcement from Curve Finance has influenced Ethereum price predictions for October. The news is seen as potentially supportive of Ethereum prices by improving DeFi capabilities, which could drive higher network usage and demand for ETH. Current markets indicate some optimism, though overall confidence in reaching higher price targets remains mixed.
The Ethereum market has seen fluctuating activity with some sub-markets reflecting increased optimism. Notably, markets pricing a dip to $2,400 in October are currently priced at 82% YES, suggesting a strong expectation of this scenario. Meanwhile, the likelihood of Ethereum reaching $3,300 in October remains lower, with a 3% YES pricing.
Key Takeaways
Curve Finance’s statement on the Glamsterdam upgrade appears to suggest potential improvements in DeFi, which could influence Ethereum’s market performance.
Current market pricing reflects mixed sentiment, with higher confidence in ETH price decreases compared to significant increases.
The upgrade’s impact on Ethereum’s mainnet remains crucial for future price movement, as successful deployment could alter expectations.
What to Watch
Observers should monitor Ethereum’s mainnet activation timeline for the Glamsterdam upgrade, as confirmation or delays could significantly impact market sentiment. Additionally, any statements or clarifications from the Ethereum Foundation on the upgrade’s progress might influence market pricing. A successful mainnet launch could be consistent with scenarios where Ethereum prices see upward pressure, particularly if accompanied by increased DeFi activity.
CRYPTO
Crypto Briefing
09 Oct 2026 · 20:45
BNB Chain leads tracked chains in tokenized equities with 41% market value
With 187,112 funded addresses and a 41% slice of tracked market value, BNB Chain has become the busiest home for on-chain stocks Wall Street spent decades building exchanges with opening bells and closing hours. …
With 187,112 funded addresses and a 41% slice of tracked market value, BNB Chain has become the busiest home for on-chain stocks
Wall Street spent decades building exchanges with opening bells and closing hours. A growing share of tokenized stock trading now happens on a blockchain that never sleeps, and that blockchain is BNB Chain.
As of October 8, 2026, BNB Chain counted 187,112 addresses holding at least $10 in tokenized equities. That base accounts for approximately 41% of the total tracked market value in the category, the largest share of any network.
The numbers behind the lead
By late September, the network had scaled to $1 billion in tokenized stocks. That figure translated to a 34% market share in a sector whose total capitalization had climbed past $3 billion.
BNB Chain became the first blockchain to cross $1 billion in tokenized stocks and ETFs, ahead of Ethereum at 22% and Solana at 20%.
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Holder counts tell a similar story. BNB Chain leads with around 1.8 million addresses, equal to a 45% share of tokenized equity holders. That is a broader count than the 187,112 addresses carrying at least $10, which filters out dust balances and inactive wallets.
The chain recorded more than $100 billion in on-chain transfer volume during the third quarter of 2026 alone.
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How the sector got here
The broader market has been on a tear. Tokenized equities were valued at approximately $700 million in January 2026. By September, the category had pushed beyond $3 billion, a more than fourfold jump in roughly nine months.
Product launches did much of the heavy lifting. Binance rolled out its bStocks initiative in June 2026, and the offering went on to gather hundreds of millions in assets under management. Ondo Global Markets also contributed products that made it easier to access and trade tokenized equities on BNB Chain.
Tokenized equities allow 24/7 trading, fractional ownership and integration with DeFi protocols. Most tokenized equities are backed by underlying shares held in regulated custody.
What this means for the tokenized stock race
BNB Chain did not win this niche by being the only chain capable of hosting stock tokens. What BNB Chain had was a direct pipeline to Binance’s user base, plus low transaction fees that make frequent, small trades practical.
BNB Chain still trails Ethereum in the broader real-world asset market, which spans categories beyond equities.
Three things are worth tracking from here. First, whether bStocks and Ondo Global Markets keep adding assets under management at their recent pace. Second, whether Ethereum or Solana respond with issuer partnerships aimed at retail stock buyers. Third, whether the sector’s total capitalization keeps compounding from its current level above $3 billion.