Omitolihp echo

ᚷᛗ - Amundi, Europe's largest asset manager, launched a tokenized share class of its STOXX Europe 600 equity index fund on Ethereum via CACEIS infrastructure. - Nasdaq-listed Hyperliquid Strategies (PURR) filed with the CFTC to register as a Futures Commission Merchant so it can carry US client accounts for permissioned HIP-3 markets on Hyperliquid. - Zilliqa is migrating from its standalone Layer 1 to an Ethereum Layer 2 for regulated institutions, the Zilliqa Institutional Layer, or ZIL. The new network will feature vLEI-based identity, permissioned markets, and settlement on Ethereum. Believe!

ᚷᛗ - U.S. Democrats are discussing expanding Maxine Waters' Crypto Investor and Consumer Bill of Rights (a 2025 Clarity Act amendment) into a broader market-structure bill next Congress. It would boost the SEC's role, limit the CFTC's, add ethics rules restricting Trump and federal officials' crypto activities, and incorporate prior Democratic provisions. - US spot Ethereum ETFs saw $53 million in net inflows on Nov 4, ending a multi-day outflow streak. Bullish!

ᚷᛗ - CFTC Chairman Mike Selig announced that equity perpetual futures can now begin trading for the first time on CFTC-registered U.S. exchanges. - Ethereum's Justin Drake believes a full post-quantum + post-AI transition is possible by December 2028, one year ahead of the Foundation's 2029 quantum-resistance target. - Morgan Stanley, J.P. Morgan, and Citi are among the first banks using DTCC's new Tokenization Service for U.S. stocks, ETFs, and Treasuries. - Moscow Exchange plans to list Bitcoin and USDT in December, expanding sanctioned-market access to major crypto assets. Bullish!

ᚷᛗ Kultists! - Michael Saylor's Strategy acquired 811 $BTC and repurchased $208M of $STRC. It now holds 849,327 BTC plus $4.9B in USD assets.⁠ - Tom Lee's Bitmine bought another 5,000 $ETH ($11.22M). It now holds 6.065M ETH ($13.7B), equal to 4.96% of total supply.⁠ Keep stacking, keep believing!

ᚷᛗ and Happy New Week, Kultists! - Binance has resumed phased withdrawals (starting with BTC, then ETH and others across 15 networks). It has covered 95% of losses from its own reserves, making users whole. Net outflows reached $3.64B (2.1% of assets) in the first 9.5 hours after reopening. - Markets held up better than feared: BTC trading at $77,800–78,000 and ETH at $2,280–2,300. Spot BTC ETFs saw $643M in outflows on Oct 30 (the largest in months); ETH ETFs logged their worst month since the 2024 launch ($1.6B outflows in October). This is how bottoms are made. Bulls will be back soon, only stronger! 💪

ᚷᛗ Kultists! - Binance was hit by a record $6.4 billion hack (the largest crypto theft ever), which drained wallets across 10 chains in about 20 minutes on October 29. Analysts from TRM Labs, Elliptic, and Chainalysis link it with high confidence to North Korea’s TraderTraitor/Lazarus group. - Polymarket paused briefly after a smaller third-party breach ($2.6M). - Hyperliquid surged 17% after ICE (NYSE owner) partnered with TradeXYZ to launch regulated U.S. perpetual futures on Hyperliquid tech (HIP-3), pending CFTC approval; Stanley Druckenmiller also involved. I'm only 90% bullish today! 😸 Hope tomorrow will be better!

ᚷᛗ Kultists - U.S. spot Bitcoin ETFs recorded a third straight day of inflows ($137M on October 28), totaling $424M over three days and flipping October net inflows positive ($111M). Bullish!

ᚷᛗ - Thailand's Supreme Court ruled Bitcoin is legal property. - US spot Bitcoin ETFs recorded $176 million in net inflows on Oct 27 (second consecutive day). Bullish!

ᚷᛗ - Tom Lee's Bitmine bought 10,452 $ETH last week, lifting total holdings to ~6.05M ETH. - UK-listed The Smarter Web Company disclosed a purchase of 20 Bitcoin (~$1.59M), raising total holdings to 2,850 BTC under its ongoing treasury plan. - CFTC is advancing a voluntary federal registration pathway for crypto exchanges (leveraged/margined retail trading), aiming to apply derivatives-style protections. Bullish!

ᚷᛗ and Happy New Week, Kultists! - Over one-third of ETH supply is now staked at a record ~44 million ETH (~36%), the sixth consecutive quarter of growth. - Franklin Templeton ($1.8T AUM) completed Nasdaq listing registration for FBEQ and FIBT (effective October 27). The funds start at ~95% US stocks / 5% Bitcoin and systematically reinvest stock dividends into Bitcoin exposure. Bullish news keeps coming!

ᚷᛗ Kultists - HSBC begins rolling out its Hong Kong dollar-backed stablecoin RedCoin to over 3.3 million PayMe users. - South Korea is advancing forex law changes to treat stablecoins as official payment instruments. Still bullish!

ᚷᛗ - Switzerland's FINMA approved the country's first retail spot Bitcoin ETF (BBIT by BIT Asset Management; direct BTC holdings, open to retail), expected to list on SIX Swiss Exchange in November. - SEC lists three firms that notified intent to operate tokenized securities venues (TSVs) under its new Innovation Exemption for onchain NMS stock trading: TSV LLC (Canton Network), OKXICE (OKX + ICE), and Kephas Corp. - US spot Bitcoin ETFs recorded $528M net inflows on October 21 while ETH ETFs recorded $15M. Bullish!

ᚷᛗ - The US OCC finalizes GENIUS Act rules for stablecoin issuers, covering reserves, redemption, and custody. - Strategy has repurchased $193M of $STRC and acquired 267 $BTC. They now hold 848,517 BTC and $5.3B of USD Assets. Bullish!

ᚷᛗ - US spot Bitcoin ETFs saw $526.6M net inflows on October 19 (largest since September 22). - Bitmine (Tom Lee) bought another 12,535 ETH, lifting holdings to 6.04M ETH. - BlackRock filed for a new buffered Bitcoin ETF offering downside protection via options and fixed income while capping some upside. Bullish!

ᚷᛗ and Happy New Week, Kultists! - JPMorgan’s JPM Coin (a token representing USD deposits) is now live on Ethereum, giving institutional clients native on-chain cash that sits alongside the assets, collateral, and counterparties they already transact with. - Ethereum’s Glamsterdam upgrade is advancing, with the Hoodi testnet scheduled for October 26. This is the final public testnet step before a potential December mainnet launch. Bullish!

ᚷᛗ - Microsoft announced Magnetar, the first zkVM that is general-purpose (RV64), post-quantum, and built for recursion. - Lido enabled direct ETH staking on Arbitrum, Base, Linea, and Optimism via Chainlink CCIP, eliminating the need for manual bridging. - Ethereum + L2s settled $16.75T (77%) of all stablecoin transfer volume over the prior 90 days, confirming dominance in on-chain finance. Bullish!

ᚷᛗ - zkSync has launched Airbender Prime, the first Ethereum prover to achieve real-time proving on a single GPU. It successfully proved 99% of 7,200 consecutive Ethereum mainnet blocks in under 10 seconds each. - Base is launching Denim, its fourth hard fork, on Sepolia on October 21, featuring 200ms blocks. Bullish!

ᚷᛗ - DRW and Marex completed the first OTC swap referencing a fully tokenized index on blockchain infrastructure (S&P’s tokenized iBoxx USD Liquid Investment Grade Index). - Ethereum to Gnosis deposits now confirming in 12–24 seconds (vs. prior 13 minutes) via Ethereum’s Fast Confirmation Rule. - Interactive Brokers (5.5 million client account, $964 billion in client equity) launched Ethereum staking, with compounding rewards paid in ETH. - US spot Bitcoin ETFs saw $176M net inflows and Ethereum ETFs $25M yesterday. Bullish!

ᚷᛗ - Strategy (Michael Saylor) bought another 250 BTC for ~$21.5M; holdings hit a record 848,250 BTC (>4% of supply). - BitMine (Tom Lee) added 12,532 ETH, reaching ~6.03M ETH (~4.9% of supply, near 5% target). Bullish!

GM and Happy New Week, Kultists ☕️ Feels like this week's gonna be bullish!