Daily Summary, 8 October

Results of the Day, October 08

Regulation and Institutions
* Russia: The SPB Exchange is technically ready to launch cryptocurrency trading and is discussing this with the Central Bank.
* USA: The SEC is preparing an “innovative exception” for crypto projects—a special regime that will allow startups to test blockchain solutions under the regulator’s supervision without fearing immediate lawsuits and fines.
* Kazakhstan is strengthening control over cryptocurrency after a seizure of $16,700,000.

Finance and Investments
* Gold, for the first time in history, is above $4000 per ounce.
* The Central Bank of Russia named gold and Bitcoin the most profitable assets of September.
* Tether and Circle led the rating of projects with the highest monthly revenue in September.

Major Deals and Movements
* Nvidia is investing $2 billion in Elon Musk’s xAI—the company aims to raise about $20 billion to build a giant data center in Memphis.
* YZi Labs (CZ’s project, former Binance Labs) is launching a $1,000,000,000 fund to support the BNB ecosystem.
* Trump’s associates plan to raise up to $1 billion to purchase TRUMP.
* Analysts recorded the largest in 2025 movement of 32,322 BTC ($4 billion) from wallets inactive for 3-5 years.

Technology and Analytics
* Solana is significantly ahead of Ethereum at a comparable stage — 21Shares.
* The queue for withdrawing from Ethereum staking exceeded $10 billion (2.4 million ETH).
* MetaMask is launching futures trading and plans integration with Polymarket.