According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

Two senior Iranian security officials have revealed that Iran has drawn up plans to strike submarine communications cables in the Gulf if the U.S. and Israel launch another attack; one official added that they will also block repairs to extend the communication outage. Officials from Iran’s Islamic Revolutionary Guard Corps (IRGC) had previously threatened to target seven major undersea internet cables beneath the Strait of Hormuz if Iran’s infrastructure is attacked. These threats have introduced new communication risks to cloud computing and AI infrastructure in the Gulf region. Reuters reported that past attacks by Iran hit two Amazon Web Services (AWS) facilities in the United Arab Emirates (UAE) and damaged infrastructure near an AWS facility in Bahrain. Analysts noted that simultaneous damage to multiple cables could disrupt financial transactions, e-commerce, and cloud services, though the actual impact depends on traffic rerouting capabilities and backup line capacity. International bandwidth passing through the Strait of Hormuz accounts for less than 1% of the global total, so the direct impact on global communications may be limited. Microsoft plans to invest over $10 billion in the UAE, Saudi Arabia, Qatar, and Kuwait by 2030, and allocate more than $400 million to improve submarine and terrestrial network connections in the Middle East, to enhance the resilience of its digital infrastructure.

According to Farside's monitoring, net inflows into U.S. spot Bitcoin ETFs totaled $301.2 million this week. The breakdown is as follows: BlackRock’s IBIT saw a net inflow of $565.7 million; FBTC recorded a net outflow of $116.6 million; BITB posted a net outflow of $18.5 million; ARKB had a net outflow of $99.6 million; EZBC notched a net inflow of $7.3 million; MSBT saw a net inflow of $6.5 million; GBTC registered a net outflow of $51.8 million; and BTC recorded a net inflow of $8.2 million.

Crypto analyst Darkfost noted in a post that spot Bitcoin ETFs recorded net inflows of 5,183 BTC this week. While the inflow volume remains relatively modest, it has turned the 2026 cumulative fund flow of these ETFs positive from negative. As of now, year-to-date net inflows for spot Bitcoin ETFs stand at 10,784 BTC, after being in net outflow for most of the earlier period.

Current market consensus expects the U.S. Federal Reserve (Fed) to hold interest rates steady at its next rate-setting meeting next Wednesday. The CME Group’s FedWatch tool shows the market assigns only a roughly 10% probability of a 25-basis-point rate hike by the Fed in October. Some Fed officials have recently leaned toward pausing rate hikes to assess inflation trends and the impact of surging energy prices driven by the Middle East conflict. While expectations for an October rate hike have cooled, the market still broadly anticipates another Fed rate hike in December. David Mericle, chief U.S. economist at Goldman Sachs, believes the Fed may adopt a pace of 25-basis-point rate hikes at every other policy meeting, with the next hike likely in December and another in March next year. Another key highlight of the upcoming meeting is the press conference by Fed Chair Jerome Powell. Since Powell has consistently avoided providing clear forward guidance, the market will closely watch his remarks on recent inflation, financial conditions, and the threshold for further monetary policy tightening in 2027.

According to Lookonchain monitoring, HYPE has dropped 22% from its recent high. The largest HYPE short address, 0xf02d, currently holds 715,334 HYPE short positions valued at approximately $54.57 million, with an unrealized profit of $5.56 million. It has also earned around $620,000 in funding fee revenue.

HYPE has dropped 22% from its peak. The largest $HYPE short, 0xf02d, currently holds a short on 715,334 $HYPE ($54.57M), with $5.56M in unrealized profit and another $620K earned in funding fees.