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Ripple is deepening its relationship with global hedge fund Brevan Howard, with the firm increasing its use of Ripple’s institutional infrastructure and digital asset products, The Block reported. Ripple Prime plans to provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds. The partnership builds on Brevan Howard’s existing investment in Ripple and its participation in Ripple’s $500 million strategic fundraising round last year.

South Korea’s ruling Democratic Party has raised the need to tax virtual assets as scheduled next year, Edaily reported. Oh Gi-hyoung, the ruling party’s floor coordinator on the National Assembly Strategy and Finance Committee, said during a government audit of the finance ministry late today that there was a need for predictability and public trust in decisions and legislation made by the National Assembly on virtual asset taxation. Oh added it would be inappropriate to immediately reverse the plan to begin taxation next year.

Raoul Pal, co-founder of financial research firm Real Vision, said a shift toward a weaker dollar could help drive further gains in the cryptocurrency market. On a Cointelegraph podcast, Pal said high bond yields and a strong dollar are constraining market liquidity. If the dollar weakens, he said, the crypto market could show signs of further upside, although a broad bullish signal has not yet formed across the full range of asset classes. On AI agents, Pal said wider use of stablecoins for content and service payments could increase demand for smart contract platforms such as Ethereum and Solana.

Coinbase announced the addition of PONS and WHUF to its listing roadmap.

The three major U.S. stock indices opened higher today. - S&P 500: +0.47% - Nasdaq: +0.58% - Dow Jones: +0.39%

Arbitrum, an Ethereum layer-2 network, has joined the Global Dollar Network, a stablecoin consortium led by Paxos, CoinDesk reported. As a result, Paxos-issued dollar stablecoin USDG has launched on the Arbitrum network. About $3.8 billion worth of stablecoins are currently in circulation on Arbitrum, with USDC accounting for around 60% of the total.

Capital Group’s growth ETF CGGR bought an additional 535,000 shares of Strategy worth $89.41 million, bringing its total holdings to 2.19 million shares valued at $366 million, Crypto Briefing reported. According to a filing, another Capital Group fund also increased its Strategy stake. ANCFX added 4.32 million Strategy shares in April, raising its total holdings to about 10.33 million shares worth $1.78 billion.

Nasdaq-listed AI education company Genius Group announced it has resumed buying Bitcoin as part of its BTC accumulation strategy. According to the company, it purchased about 10 BTC between Oct. 2 and Oct. 5 at an average price of $85,365. Genius Group said it plans to fund future purchases of BTC and AI assets through cash flow, perpetual preferred securities offerings, and its ATM program, adding it does not currently plan to use debt financing or pledge its BTC holdings or AI shares as collateral.

Ethereum restaking protocol and DeFi platform ether.fi (ETHFI) said it will launch its own stablecoin, ether.fi USD, with Ethena (ENA) set to manage its operations. The company added, "이더파이는 이미 3억 달러 이상의 스테이블코인을 운용하고 있으며, 자체 스테이블코인은 우리가 출시하는 모든 제품의 구심점이 될 것."

Ethereum founder Vitalik Buterin said at the OKX NOW event in Singapore that Ethereum transaction fees will decline further and privacy features will strengthen over time. Buterin also said the convergence of artificial intelligence and on-chain technology is accelerating, which could gradually reduce the role of conventional on-chain applications. He added that bots and AI agents may handle a large share of on-chain tasks on behalf of users in the future. In this model, AI would analyze blockchain-based proposals and transaction terms, then choose trades that match user needs, which could also reduce the importance of users directly navigating traditional app interfaces.

OKX, a crypto exchange with Chinese roots, announced on Oct. 6 it had secured strategic investment from Circle, Standard Chartered and others. It did not disclose the size of the investment and added that the round valued OKX at $25 billion.

Solana-based liquidity protocol Meteora announced the launch of DLMM Pro, a new automated market maker service. Meteora said token issuers can use DLMM Pro to directly design their liquidity allocation structures, including by setting higher fees in the early stage of a launch and lowering them gradually over time. The service also supports automatic fee adjustments based on market volatility, according to Meteora.

Solana-based decentralized platform MetaDAO has launched Backable, a Solana-based fundraising platform. Backable is a rebranded version of Futardio, which changed its name on Oct. 5, according to Backable. The platform allows founders to raise funds from participants worldwide. According to Backable, 2,407 participants have so far pledged a total of $44.2 million. Of those, 12 fundraising rounds have successfully met their targets and closed, with total funds raised reaching about $729,000.

An anonymous Ethereum whale address beginning with 0xBc0 deposited 5,513 ETH worth $14.97 million into U.S. crypto exchange Kraken about 20 minutes ago, according to on-chain analyst EmberCN. Exchange deposits are typically interpreted as intended for selling. Before that, the whale also unstaked 3,659 ETH that had been staked on the Ethereum Beacon Chain for about one year. ETH was trading at $2,715, down 0.01%, according to CoinMarketCap.

Strategy posted about $20.91 billion in mark-to-market gains on its Bitcoin holdings in the third quarter, exceeding Meta’s $19.0 billion in operating profit for the same period, Bitcoin.com reported. The third-quarter gain on Strategy’s BTC holdings would rank seventh among S&P 500 companies on that basis. Even so, mark-to-market losses of $14.46 billion in the first quarter and $8.32 billion in the second quarter left the company with a cumulative mark-to-market loss of about $1.87 billion for the first nine months of 2026. Strategy currently holds 848,000 BTC, and would need Bitcoin to stay around $85,750 through year-end to erase its year-to-date losses. According to CoinMarketCap, BTC was recently trading at $86,243.61, up 0.17%.

Global prediction market trading volume reached a record $188 billion in the third quarter, CryptoRank reported, citing its own data. Third-quarter volume rose about 70% from the previous quarter and surged 21-fold from the same period last year. Among platforms, Kalshi led the market’s growth, with sports-related prediction markets accounting for about 40% of its third-quarter volume.

U.S.-listed Bitcoin treasury company Hyperscale Data, ticker GPUS, held 220 BTC worth $19 million and $37.4 million in cash as of Oct. 4, Crypto Briefing reported. According to the outlet, the company is gradually exiting its Bitcoin mining business and shifting its focus to AI data center colocation and hosting operations in Michigan, while continuing to hold its previously accumulated BTC as a long-term reserve asset.

Strive CEO Matt Cole said on a podcast that institutional investors account for a larger share of holders in the company’s floating-rate perpetual preferred stock SATA than in Strategy’s perpetual preferred stock STRC. Cole said the gap stems from investor protections built into SATA. Under the structure, Strive cannot lower the dividend rate until the stock’s monthly average price rises above $99, and if it fails to pay dividends, the company bears a greater burden, he said, adding that the design strengthens investor protections. Separately, Strive is pursuing share buybacks of SATA worth up to $500 million and held 29,462 BTC as of Oct. 2.

The market capitalization of stock tokens, or tokenized equities, has surpassed $3.8 billion and continues to set fresh record highs, Cointelegraph reported, citing data from Token Terminal. Securitize (SECZ) accounted for about $3.026 billion of that total, giving the tokenization platform the largest market share.

Multiple bullish signals have emerged for Ripple's XRP since the start of October, BeInCrypto reported, citing CryptoQuant data. Between Sept. 26 and Oct. 4, XRP holdings on Binance and Upbit fell by a combined 104.7 million XRP, while recent whale flows to exchanges also showed net outflows dominating, according to the analysis. U.S. spot XRP ETFs posted net inflows for a 12th straight week. The outlet added that Evernorth, which holds about 473 million XRP, is set to list on Nasdaq on Oct. 8.

Andrew Cuomo, a director at OKX, a cryptocurrency exchange with Chinese roots, said at the OKX NOW conference in Singapore today that a tokenized securities exchange to be operated with ICE, the parent of the New York Stock Exchange, is expected to launch in about 30 days. Cuomo added that documents have been filed with the U.S. SEC to launch the tokenized securities exchange in the United States. The exchange is expected to operate under the SEC's "Innovation Exemption" mechanism, with the SEC set to cap the number of tradable stocks and trading volume. CoinNess previously reported that OKX and ICE were pursuing the launch of a tokenized securities exchange in the United States through their joint venture, OKXICE.

Circle said through its official channel that Circle Mint, its crypto-collateralized lending product for institutional clients, now supports the Aave market. Eligible Circle Mint customers can deposit Bitcoin, mint cirBTC, and then borrow USDC through supported third-party lending markets on ARC or Ethereum. Circle added that the Aave market support on Circle Mint expands its existing Morpho-based service and does not mean Circle is lending directly.

A CryptoQuant analysis by contributor Darkfost found sustained large-scale net Bitcoin outflows from Binance, suggesting more assets may be moving off the exchange for longer-term holding. Darkfost said Binance’s BTC reserves fell from 704,800 BTC on Sept. 20 to 663,100 BTC recently. That implies more than 40,000 BTC, worth about $3.3 billion, moved off the exchange over roughly 15 days. Binance also recorded net outflows of 23,100 BTC last week, the largest weekly net outflow since June 2023, according to Darkfost. The analyst added exchange withdrawals can be associated with long-term holding or accumulation and may help support BTC prices alongside easing selling pressure.

Spencer Applebaum, a general partner at Multicoin Capital and co-head of venture investing, said at a recent event that Hyperliquid’s HYPE token remains Multicoin Capital’s largest position. The firm said in June that HYPE was one of the largest positions in its liquid fund.

Monthly trading volume on major cryptocurrency spot exchanges rose about 20% from August to $973 billion in September, marking a second straight monthly increase, Cointelegraph reported, citing CryptoRank data. Binance accounted for the largest share, with about $280 billion in spot trading volume.