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The S&P 500 slipped 0.53% amid weak earnings and renewed US-China trade concerns. Gold slid 1.5% to $4,050 ahead of the US CPI report, though it remains up 54% YTD on Fed easing bets. The Coindesk Indices, which tracks the broader crypto market, fell 1.50% with Bitcoin and Ether down 3.57% and 4.53%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is BERA, up 3.8%, after Berachain entered traditional finance through Greenlane’s $110M BERA treasury launch.
Berachain (BERA), founded in 2021, is a Layer 1 blockchain using Proof-of-Liquidity consensus to align security with ecosystem liquidity, while remaining fully EVM-compatible. The Berachain Foundation announced its support for Greenlane Holdings (NASDAQ: GNLN) in launching the first BERA digital asset treasury, following Greenlane’s $110 million private placement. The initiative marks Berachain’s expansion into traditional capital markets and broadens the reach of its Proof of Liquidity model.
Aave DAO has proposed a long-term $50 million annual token buyback program using DeFi revenues, aiming to make buybacks a permanent part of its tokenomics. The plan follows previous successful initiatives, including a $4 million buyback in April, and would see weekly repurchases of $250,000–$1.75 million in AAVE tokens. The move comes ahead of the Aave v4 upgrade, which will introduce a modular architecture to enhance efficiency and scalability.
BTC spot ETF flows
Category | Flow (millions) |
GBTC | (56.6) |
Non-GBTC | (118.4) |
Total | (175.0) |
Yesterday, Bitcoin spot ETFs recorded $175 million in total outflows, including $56.6 million from GBTC and $118.4 million from other issuers.
Reya, created by the former Voltz team, is a new Ethereum trading project airdropping 1B VLTZ tokens to Voltz badge holders, Genesis NFT holders, and the Uniswap DAO. VLTZ offers a 10% trading fee discount and can be burned for REYA at TGE. The claim window runs Oct 22–Nov 5, with unclaimed tokens redistributed to the top 20 Reya traders by PnL. New users can still trade to compete for these rewards.