US Stock Futures Dive Further

Whale bc1qsz, linked to (Matrixport), deposited 1,000 $BTC ($83.94M) into #Binance again an hour ago.

According to on-chain data, HyperCore transferred 447,824 HYPE tokens to liquid staking protocol Kinetiq 25 minutes ago, valued at approximately $39.56 million.

According to official sources, Citigroup announced today that it is expanding its Citi Token Services to Japan and the United Arab Emirates, further advancing its strategy to build a more interconnected, 24/7 operating financial ecosystem for corporate and financial institution clients. This expansion marks the latest milestone in Citigroup’s digital asset strategy for its services business, which focuses on addressing clients’ real-world needs by building bank-grade infrastructure to connect the traditional financial system with emerging digital networks.

According to a report by The Wall Street Journal, DeFi Technologies Inc. announced that its subsidiaries Valour Inc. and Valour Digital Securities Limited (collectively referred to as "Valour") have officially launched the Swedish krona (SEK)-denominated Zcash (ZEC) Exchange Traded Product (ETP).

Wintermute noted in a report that, on the macro front, risk assets extended their rally last week. Even as the U.S. 10-year Treasury yield broke above 5% – a level not seen since 2007 – the market showed no significant flight-to-safety sentiment. Crypto assets led gains, with altcoins rising around 5% overall, followed by Bitcoin (BTC). The Nasdaq also notched gains, while U.S. Treasuries with maturities of 20 years or longer underperformed. The report identified oil prices as a key factor influencing expectations for an October rate hike. Currently, crude oil shipments through the Strait of Hormuz remain significantly below pre-conflict levels, with Brent crude trading near $103 per barrel. If oil prices stay near or above $100 per barrel, market expectations for another October rate hike could stay elevated, shifting the core question to whether risk assets can absorb further near-term rate increases amid ongoing bond market pressure. In the crypto market, BTC closed above its 50-week moving average on the weekly chart for the first time last week. The current level of $82,500 marks the upper edge of its previous consolidation range and a key level to watch this week. If it holds, this could underpin the prior breakout; a break below would reignite concerns about the breakout’s validity. Meanwhile, BTC’s market dominance has risen, the breadth of altcoin gains is at a high level, and institutional options trading continues to increase allocations to year-end low-Delta call options and call spreads.

According to HTX market data, AAVE has surged past $170, currently trading at $172.37, with a 16.17% increase in the last 24 hours. Today’s reports indicate that the founder of Aave announced he is considering adding a token burn mechanism to Aavenomics 3.0.