Will October Be an Uptober or Downtober?
Crypto markets are cooling off as Bitcoin and Ethereum slide, leaving traders wondering if October will redeem summer’s gains or deepen the pullback. Meanwhile, Vitalik Buterin is preaching the gospel of low-risk DeFi as Ethereum’s true backbone, pushing projects to stay lean and secure.
Other Big Beats
Tether is shooting for a jaw-dropping $500 billion valuation in its next funding round, Polymarket snagged a prime cameo on South Park, and SEC chair Gary Gensler had a spicy CNBC moment. On the policy front, ex-CFTC commissioner Paul Atkins is lobbying for pro-crypto rules, there’s a heated debate about whether Coinbase’s Base needs Nasdaq-style oversight, and Vietnam just nuked 86 million bank accounts to enforce its new digital ID mandate.
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