Hyperliquid's founder once turned down a $1 billion valuation funding proposal, sticking to a "Zero External Investment" approach.

According to The Wall Street Journal, HANetf has launched the world’s first euro-hedged Bitcoin exchange-traded product (ETP), noting that demand from its European client base is shifting. While Bitcoin is a digital currency, it is typically priced in U.S. dollars, which creates additional foreign exchange risks for investors seeking to reduce their dollar exposure. As Bitcoin becomes increasingly integrated into institutional portfolios, some investors may prefer to avoid adding further dollar risk on top of their existing exposures to U.S. dollar-denominated assets like U.S. stocks, U.S. Treasuries, gold, and oil.

US President Trump said Iran is suffering a severe defeat and will soon end, predicting that oil prices will drop sharply.

Cosmos ecosystem liquid staking protocol Stride announced plans to orderly cease operations of its Stride chain. Users can continue redeeming stTokens normally via Stride until October 12; after that, the redemption function will be suspended. Once the underlying staked assets complete unbonding, a redemption pool is expected to launch on Osmosis around November 20. stTokens will not expire, and users do not need to take any action before migration. stTokens deployed on other chains do not require bridging back to Stride to participate in subsequent redemptions. Per the plan, all stTokens including stATOM, stOSMO, and their corresponding underlying assets will be migrated to Osmosis’ Transmuter Pool and exchanged at a fixed redemption ratio. All remaining staked assets will be unbonded and transferred to relevant pools. After migration is complete, reward accumulation will stop, and the fixed redemption ratio will be maintained. Stride stated that users will then be able to convert stTokens to their corresponding underlying assets via Osmosis. Stride added that Stride Labs and the Stride Association currently hold limited treasury reserves, which are projected to be depleted by February 2027 at the current burn rate. The Stride chain’s current total value locked (TVL) is approximately $6 million. The team noted that continuing to operate the chain without sustained funding support would be irresponsible, so it decided to complete an orderly exit while sufficient resources remain, prioritizing the secure withdrawal of user funds as its top priority.

According to official announcements, Robinhood Wallet transactions on Robinhood Chain now have zero gas fees, applicable to swaps valued at over $0.50 made before December 31, 2026.

Director of the U.S. National Economic Council Kevin Hassett said the U.S. economy is still absorbing the impacts of pandemic-related fiscal stimulus implemented during former President Joe Biden’s term, and attributed some of the pressures during the high-inflation period to subsequent large-scale spending policies. Hassett told a program on Tuesday that the U.S. is "still working to shake off" the aftereffects of pandemic-era spending. He noted that fiscal support during the pandemic was originally designed to fill economic gaps, but the scale of subsequent spending exceeded what the economy actually required. "We wanted to fill the gaps, not do more," Hassett said, referring to pandemic stimulus policies during former President Donald Trump’s first term. He added that the Biden administration’s continuation of pandemic-era spending levels and diversion of funds to other areas was one of the key factors contributing to subsequent problems. The remarks come as the U.S. enters the late stage of its midterm election cycle, with inflation, cost of living and economic performance emerging as key issues in partisan debates. Trump administration officials have repeatedly emphasized the link between current economic problems and policies of previous administrations in recent weeks.

US President Trump stated that he will sign a strong executive order on artificial intelligence, renaming AI as "Super Intelligence" (SI).