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Canada’s Office of the Superintendent of Financial Institutions has finalized 2027 guidance that eases some capital rules for banks’ hedged crypto positions. Under the new guidance, banks holding long and short positions in the same cryptocurrency with the same maturity across multiple regulated exchanges may offset those positions for capital purposes if they meet certain conditions. Previously, positions had to be calculated separately by exchange, forcing banks to hold capital at levels above their actual risk. The measure applies only to “Group 2a” crypto exposures that meet hedge requirements, while assets on unregulated exchanges or those that fail to meet the requirements are excluded. The new guidance will take effect in November 2026 or January 2027, depending on a bank’s fiscal year.

An anonymous whale address has withdrawn a total of 36,360 ZEC, worth about $41.56 million, from Binance, OKX, Kraken and Gate over the past six days, continuing to accumulate the token, according to Onchain Lens. The address also recently withdrew another 6,520 ZEC, worth about $7.67 million, from Binance and Kraken, extending the buying spree.

DraftKings’ tokenized stock, DKNG, recorded $39 million in trading volume within three hours of launching on Solana. DKNG was issued by Backpack Securities and is backed one-to-one by custodied DraftKings shares. Holders can redeem the tokens for actual shares or transfer them to existing brokerage accounts. In 2026, daily trading volume for Solana-based tokenized stocks at one point exceeded $600 million, while total issuance stood at about $684 million in early September.

Nasdaq is pursuing a second-quarter 2027 launch of tokenized shares that preserve full shareholder rights under the name Nasdaq Equity Token, or NET, Crypto Briefing reported. NET is designed as a blockchain-based version of Nasdaq-listed shares and would offer the same voting and legal rights as conventional stocks. Unlike some existing tokenized stocks that function as synthetic assets tracking only share prices, issuing companies would retain control over shareholder registries and corporate governance. To support the effort, Nasdaq Ventures invested $100 million in Payward, the parent company of crypto exchange Kraken, and Payward’s xStocks platform is expected to serve as core infrastructure for NET distribution. NET also plans to support 24-hour trading and on-chain settlement.

Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance. - The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line in the corresponding color rises. The yellow line is based on orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.

CoinMarketCap’s in-house crypto fear and greed index rose one point from yesterday to 68, indicating that the market remained in greed territory. The index is designed so readings closer to zero signal extreme fear, while readings closer to 100 indicate extreme optimism. CoinMarketCap calculates the gauge based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put-to-call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.

Competition in the tokenized stock market is shifting from simple issuance to distribution and real-world use, according to Binance Research. Active tokenized stock market capitalization has risen 314% this year to $4 billion, while monthly trading volume surged from $237 million in January to $7.9 billion in August. Binance Research said bStocks and Robinhood accounted for 0.8% of total tokenized stock trading volume in June, a share that expanded to 82.3% in August and 87.8% so far in September. DeFi TVL tied to tokenized stocks also increased from $21.6 million to $289 million. Binance Research added future competitiveness will depend less on issuance itself and more on the ability to attract users, maintain liquidity and expand on-chain use cases.

Cantor Fitzgerald has more than doubled its price target on Bitmine Immersion Technologies (BMNR) to $63.60 from $30.60 and maintained an Overweight rating, according to Crypto Briefing. The firm said Bitmine, an Ethereum accumulation company, has been shifting from its legacy crypto mining business to a strategy centered on building ETH as a core asset, and that this is changing how the company is valued. Bitmine currently holds about 5.93 million ETH and is also pursuing staking and validator businesses. The new target implies roughly 163% upside from the stock price of $24.20 at the time the report was released. Cantor Fitzgerald also said the crypto bear market could bottom around October.

Global investment bank Cantor Fitzgerald has partnered with prediction market platform Kalshi to support prediction market trading for around 3,000 institutional clients. Through Cantor Fitzgerald, institutions including hedge funds and family offices will be able to execute large block trades while minimizing the market impact of their orders. Global quantitative trading firm Susquehanna International Group, or SIG, will provide pricing and liquidity for the trades.

The three major U.S. stock indices closed higher today. - S&P 500: +0.86% - Nasdaq: +0.96% - Dow Jones: +0.98%

Coinbase announced it will convert all GYEN held on the platform into USDC between Oct. 26 and 30 as GMO-Z.com, the issuer of GYEN, is shutting down the stablecoin business. No conversion fee will be charged. GYEN transfer functions will be suspended effective Oct. 26.

Strategy said its preferred stock STRC has reached its highest level since June 1. It was trading at about $98.4, leaving it $1.6 short of recovering its $100 par value. Strategy plans to issue additional preferred shares once the par value is restored and use the proceeds to buy BTC.

Grayscale said a recent rise in Zcash (ZEC) prices has sharply improved mining profitability, driving up mining activity and strengthening network security, Wu Blockchain reported. Grayscale said a single ZEC mining machine now generates about twice the daily mining reward of a Bitcoin mining machine, while revenue per megawatt-hour is about four times higher than Bitcoin on a power-efficiency basis. The firm added that Zcash and Bitcoin mining hardware are not interchangeable, so the comparison does not reflect the same machine model. Based on standardized hashpower, Grayscale estimated total Zcash mining activity has increased by more than 2.5 times this year, adding the trend could create a virtuous cycle.

According to CoinNess market monitoring, BTC has fallen below $77,000. BTC is trading at $76,900.12 on the Binance USDT market.

A Fireblocks custody address deposited 19.4 million USD1 into Binance over the past hour, Onchain Lens reported. The wallet has deposited about $149.8 million worth of USD1 into Binance over the past 13 days. USD1 is a dollar-pegged stablecoin issued by World Liberty Financial (WLFI), which is backed by the Trump family.

European crypto asset manager CoinShares said the latest U.S. August consumer price index data was not favorable for Bitcoin, according to Wu Blockchain. CoinShares said the CPI data raised the likelihood of a U.S. rate hike and increased the risk of the Federal Reserve keeping its hawkish monetary policy in place longer than expected. With no dovish signal in the CPI data to support expectations for Fed easing, Bitcoin’s near-term upside may remain limited, CoinShares said. The firm added Bitcoin may need additional catalysts to extend gains beyond $80,000, including weaker-than-expected economic data, a more dovish Fed policy stance, or new policy developments that could lift market expectations for rate cuts.

India Finance Minister Nirmala Sitharaman urged the Reserve Bank of India, or RBI, to accelerate pilot programs for wholesale and retail digital rupees, citing tokenization and same-day settlement, Crypto Briefing reported. Sitharaman described CBDCs as a core part of India’s evolving financial infrastructure, according to the report.

Bitcoin Suisse plans to cut up to 50% of its Switzerland-based workforce as part of a broader international expansion strategy, Crypto Briefing reported. Up to 60 employees are affected, mainly in office, administrative, and software development roles. Those functions are set to be consolidated into an existing hub in Bratislava and a newly established development center in Vietnam. The company’s IT office in Copenhagen will also close. Bitcoin Suisse said the move is not a response to Bitcoin price volatility or financial difficulties, but part of a long-term shift from a Switzerland-centered business to a broader international financial services platform.

Some banks do not want the Clarity Act to pass, a16z Crypto head of policy and general counsel Miles Jennings said in an interview with Crypto in America. Jennings said the banking sector argues stablecoin rewards would trigger deposit outflows, but he has not seen specific evidence so far to support that claim. Jennings also said administrative action by the U.S. SEC alone would make it difficult to provide founders with long-term regulatory certainty regardless of changes in administration. He added that if the agency continues the "regulation by enforcement" approach seen under former SEC Chairman Gary Gensler, the outflow of crypto entrepreneurs and founders from the U.S. could deepen.

Grayscale Head of Research Zach Pandl said August U.S. consumer price index data could have a temporary negative effect on the crypto market. In a post on X, Pandl said a higher CPI reading would imply a greater likelihood of a Federal Reserve rate hike, which could act as a "speed bump" for crypto, though he expects any pullback to be limited. Pandl added the dip could present a good opportunity for investors who missed the chance to buy during August’s sharp rally. The U.S. Department of Labor said today that August CPI rose 3.4% from a year earlier, in line with market expectations of 3.4%. On a monthly basis, CPI increased 0.4%, also matching forecasts of 0.4%.

U.S. spot Ethereum ETFs recorded total net inflows of $1.75 billion in August, Unfolded reported. The figure marked the largest monthly net inflow since August last year. Ethereum ETF inflows have shown a clear rebound after net outflows in 2025, with BlackRock’s ETHA leading the gains. The media outlet said the trend could be seen as a positive sign that institutional demand for Ethereum is recovering.

Wintermute deposited 61,847 ETH worth about $160 million to Binance and Coinbase over the past three hours, according to Lookonchain monitoring. Such exchange deposits are typically interpreted as being intended for selling.

India’s Maharashtra state is considering tokenizing state-owned assets to raise funds for new infrastructure projects, with power transmission infrastructure emerging as a central focus, CoinDesk reported. Transmission lines generate ongoing fee income as they move electricity across the grid, but the large amount of capital invested in existing facilities is tied up and difficult to redirect to new projects. Against that backdrop, Maharashtra plans to tokenize 40% to 50% of its transmission infrastructure, distribute part of the revenue to investors, and secure funding through token sales for the state government. The funds would be used to build new transmission lines, expand solar power generation, construct energy storage facilities, and increase grid capacity. Asset tokenization for holdings beyond power infrastructure, including real estate, is also under review, according to CoinDesk.

ETH has fallen by 2.16% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,550.73.

ZEC has fallen by 3.03% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $1,157.62.