XRP Ledger starts carrying fund records from Brazil operator overseeing $4 trillion

SummaryCSD BR is recording ownership of selected BTG Pactual investment funds on the public XRP Ledger, while its database remains the official record for registration, custody and settlement.The blockchain copy is intended to let approved institutions verify ownership changes in real time, reducing the slow and costly reconciliation process while preserving identity checks and regulatory controls.After testing the system with live fund records, CSD BR and Ripple plan to explore issuing and trading assets directly on the ledger, potentially including real-estate and agribusiness receivables.  A Brazilian financial-market operator responsible for more than 22 trillion reais of registered assets, roughly $4 trillion, has begun putting records for investment funds run by BTG Pactual, Latin Americas largest investment bank, onto the XRP Ledger.  CSD BR, which operates regulated registration, securities-depository and settlement systems in Brazil, will use the public blockchain as a second record of who owns shares in selected BTG Pactual investment funds, per a release shared with CoinDesk.  A depository keeps the official list of who owns which securities. When an investor buys into a fund, the depository updates its records, while the banks acting for investors keep books of their own and regularly check them against the depositorys to make sure the

09-30Industry

AERO price prediction - Identifying the next short-term target for the altcoin

Aerodynamic Finance (AERO) is back on traders watchlists after staging a sharp recovery over the last 24 hours. The rally came shortly after the token faced heavy rejection around the $0.72–$0.82 imbalance zone after a day of bearish correction.  Instead of extending its decline, buyers stepped back in and drove AEROs price up by 12%, shifting short-term momentum back in favor of the bulls. These bullish advances were not only driven by spot buying, but also derivatives data. This could be evidence of growing confidence among traders.  Source: TradingViewFutures market turns bullish  Besides the bullish technical set up and indicator, the networks Open Interest rose by double digits over the past 24 hours, showing that fresh capital has been entering the market rather than existing positions simply rotating. At the time of writing, the total Open Market exposure amounted to $38 million after an 11% spike.  Source: Santiment  At the same time, long positions seemed to be making up around 65% of total market exposure. The spike suggested that most traders have been positioning themselves for further upside, instead of another pullback.  Source: CoinalyzeWhales are adding to the momentum  As far as the token‘s holders’ sentiment is concerned, the networks whales have been making strategic moves across

09-30Industry

Euro stays pressured near YTD low below 1.1350 vs USD ahead of US PCE

The EUR/USD pair remains under some selling pressure for the third straight day and trades around the 1.1330 region during the Asian session on Wednesday, near its lowest level since May 2025, which it touched the previous day. Moreover, the fundamental backdrop seems tilted in favor of bearish traders and suggests that the path of least resistance for spot prices is to he downside.  The European Central Bank (ECB) President Christine Lagardes dovish-leaning comments on Tuesday leaned against market bets for another rate hike in October, which is seen as undermining the shared currency. The US Dollar (USD), on the other hand, retains its bullish bias near a two-month high and turns out to be another factor exerting some downward pressure on the EUR/USD pair.  The initial market reaction to New York Federal Reserve (Fed) President John Williams comments on Tuesday, saying that the US central bank need not rush its next move, turns out to be short-lived as traders are still pricing in over a 90% chance of a rate hike by the year-end. Adding to this, the US-Iran standoff underpins the safe-haven buck and validates the negative outlook for the EUR/USD pair.  In fact, hopes for a diplomatic solution to end

09-30Industry

Chainlink Rally Cools with Hodlers Cashing Out and CCIP 2.0 Chasing Big Money

Price Action:Chainlink rallied 12% and briefly moved above $15 before pulling back to around $14.67. Despite the decline, the token remains nearly 35% higher over the past month.Holder Activity:Santiment reported a drop in non-empty wallets to 912,020, suggesting some smaller investors are taking profits, though overall holder levels remain near yearly highs.Institutional Growth:CCIP 2.0 launched for institutions and asset issuers, with major firms integrating the technology and Coinbase and Wyoming expanding network usage in traditional finance.  Chainlink reached a new 2026 high after a strong recovery over the past month, with $LINK surging 12% on Tuesday and briefly pushing above $15. The move extended a rally that has lifted the token nearly 35% over the last month. At the time of writing, however, $LINK had pulled back to around $14.67, down almost 4%from recent highs. Data from Santiment suggests that some smaller holders are taking profits into strength, though the broader picture remains relatively stable. The number of non-empty wallets slipped to 912,020, yet Chainlink still maintains a holder count close to the highest levels recorded this year.  Smaller Holders Take Profits After Strong Recovery  The decline in non-empty wallets points to selling activity among smaller $LINK holders, but it does not necessarily

09-30Exchange

Kalshi Valuation Could Nearly Double to $40B: What Would Justify It?

Kalshi is in advanced talks to raise about $1 billion at a valuation near $40 billion, according to Reuters, nearly double its price valuation from May.  Kalshi, a US exchange for trading real-world event outcomes, would gain about $18 billion in value since May, a jump of roughly 82%.  What the Kalshi Valuation Implies for Revenue  Tiger Global and Dragoneer Investment Group are among the reported investors. Sequoia Capital and Wellington Management are in talks to lead the round.  Sacra, a private markets research firm, estimates Kalshi hit $3.5 billion in annualized revenue in June. That compares with $735 million in 2025. At $40 billion, the estimate implies a multiple of roughly 11 times revenue.  Kalshis own May disclosure was more modest, putting annualized revenue above $1.5 billion.  Kalshis growth has been outpacing it close rival Polymarket. Image Source: Sacra  Sacra calculates that sportsbook operator DraftKings trades at about 2.1 times revenue. Sports contracts, however, make up roughly 80% of Kalshis volume.  Matching the DraftKings multiple at $40 billion would require about $19 billion in annual revenue. That is more than five times Sacras June estimate.  Investors appear to be pricing a different business. Reuters reports Kalshi wants to become a multi-asset trading platform. That would pit it against

09-30Industry

Indonesian Rupiah gains on robust Chinese PMI data, budget assurance

USD/IDR extends its losses for the second consecutive day, trading around 17,860 during Asian hours on Wednesday. The pair depreciates as the Indonesian Rupiah (IDR) gains strength, driven by improving market sentiment following stronger economic activity in China, Indonesias top trading partner.  Official data from China‘s National Bureau of Statistics (NBS) showed the Manufacturing PMI creeping back into expansion territory at 50.1, matching market forecasts and recovering from August’s 49.8 reading. Meanwhile, the NBS Non-Manufacturing PMI saw a notable boost, rising from 49.0 in August to 50.2, comfortably beating the market expectation of 49.3.  Private sector data further highlighted China‘s economic momentum across broader sectors. China’s RatingDog Manufacturing PMI climbed to 52.1 in September, outperforming both the previous reading of 51.5 and the 51.6 consensus estimate. Additionally, the Services PMI edged up to 51.6, topping both the prior months 51.4 and the expected 51.1, signalling steady overall improvement.  Investor confidence in the Rupiah received an extra boost from domestic policy assurance. Indonesias Finance Minister Suahasil Nazara reassured lawmakers that the state budget was designed with prudence and credibility to effectively buffer the national economy against persistent global uncertainty.  However, the downside of the USD/IDR pair could be restrained as the US Dollar (USD) gains

09-30Industry

Tether says it helped freeze $550M in Iran-linked USDT this year

Stablecoin issuer Tether said it helped authorities freeze nearly $550 million in Iran-linked USDT during 2026, as a Senate Democrat called for an investigation into the stablecoin issuer on Monday.  In a statement on Monday, the company said it has been working closely with international law enforcement for years. This year alone, it froze more than $130 million in USDT across four wallets, and in April, it froze more than $344 million linked to the Central Bank of Iran.  “Tether has consistently demonstrated that USDT is not a haven for sanctioned actors, terrorist organizations or criminal networks,” said Tether CEO Paolo Ardoino.  The statement from Tether came as Democratic investigators on the Senate Permanent Subcommittee on Investigations released a report alleging USDT had become a key channel for Iran to evade sanctions.  Investigators found that 84% of 846 crypto wallets sanctioned over ties to Iran had transacted exclusively or nearly exclusively in USDT. The findings prompted US Senator Richard Blumenthal to call on the Treasury and Justice departments to investigate potential sanctions violations.  Tether said its cooperation with authorities globally had resulted in more than $4.9 billion in assets being frozen, including more than $2.4 billion connected to US authorities.  “The record is public: the DOJ,

09-30Industry

Crypto.com AI agent still in ‘stealth mode’ nearly 8 months after Super Bowl debut

Crypto.com says its personal AI agent venture, pitched to perform a broad set of tasks from trading stocks to updating online dating profiles, is still under construction, months after a Super Bowl debut that got so much attention it crashed the website.  Ai.com, a business line of Crypto.com, promoted the launch of its AI platform in a $15 million ad during the fourth quarter of the Super Bowl in February. The website crashed within minutes as curious users flocked to reserve a handle for their own personal AI agent.  However, nearly eight months later, the website continues to display a message that AI agent generation is queued due to high demand.  ai.coms message to users regarding the status of their AI agent. Source: ai.com  Speaking to Cointelegraph, a spokesperson for Crypto.com confirmed the AI agent platform is still being worked on. “ai.com continues building in stealth mode; we are happy to provide more details when we fully launch to the public,” they said.  The prolonged wait comes as rival exchanges have already begun offering AI assistants focused on narrower tasks, such as trading and portfolio management.  On Tuesday, Robinhood announced new in-app AI agents that can perform automated trading. In July, Kraken added AI-powered financial tools

09-30Industry

Morning briefing: EUR/USD holds above crucial support at 1.1300

The Dollar index has risen and has scope to test 101.60/80 or even 102 in the near term but thereafter it is to be seen whether the index declines back or manages to rise above 102. Similarly, Euro is holding above crucial support at 1.13 which if breaks would indicate an initial bearish breakout signal for a deeper decline in the medium to long term. USDJPY and EURJPY have fallen sharply and can test 155 and 176/175 before pausing for a rebound. EURINR is bearish below 109. USDCNY is headed towards 6.70/69 while USDINR saw selling by the RBI near 96.15 and declined to close below 96 yesterday but the decline may not sustain for long and we may expect an initial test of 95.80/60 before rebounding back to 96+ levels. Aussie can dip to 0.69 while Pound may hold above crucial support at 1.32.  The US Treasury Yields sustain higher. The bullish view is intact. They have room to rise further. The US PCE data release today will need a close watch. The German Yields have dipped. This is likely to be short-lived. They can rise back and go further higher. The outlook remains bullish. The 10Yr GoI has come

09-30Industry

Apple Patches iOS Flaw That Could Let Attackers Run Malicious Code on iPhones

Apple released a security update after confirming an iOS vulnerability may have been exploited in highly sophisticated targeted attacks.  Apple has released iOS 26.7.1 and iPadOS 26.7.1 on September 28th with a security fix for a serious vulnerability that could allow attackers to run arbitrary code on affected devices.  The tech giant said the issue involves an out-of-bounds write in CoreGraphics and added that the flaw could be triggered by processing a specially crafted file.  SlowMist Warns Crypto Users  Apple confirmed that it may have been exploited in an “extremely sophisticated attack” against specific targeted individuals on iOS versions before iOS 27.  Meanwhile, SlowMist said the vulnerability is relevant to iOS attack activity it has been tracking. The security firm also warned that crypto users should pay particular attention. It urged them to update their Apple devices and avoid suspicious links, files, and app installation prompts. Users should also be careful when downloading apps or opening content from unknown sources.  The vulnerability affects a range of Apple devices, including iPhone 11 and later models, along with several recent iPad models.  Malicious FomoPeek iOS App  A week earlier, SlowMist had reported an iOS-related security threat involving the FomoPeek app. The security firm said it received multiple reports of users

09-30Industry
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