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The Web3 Daily Brief: Must-Know Updates, Token Trends & Innovations
Your trusted source for the latest market moves, bold insights, and breaking news in crypto — delivered daily.
Amid high chances of a US shutdown from October 1, hedge assets like Bitcoin, Gold and Silver have continued to rally today. US is currently on the edge of a government shutdown as Republicans and Democrats clash over healthcare and federal spending. Polymarket data shows that the odds of the shutdown have surged to 85%.
The U.S. Securities and Exchange Commission (SEC) is reportedly moving to approve proposals that will enable stocks to trade on-chain just like crypto. This comes as more companies look to tokenize their stocks for easier access.
Ethereum price continues to dominate discussions as analysts highlight repeating cycles that historically triggered strong rallies. The ETH price has once again shown signs of resilience after a liquidity reset, with oversold conditions resembling previous setups. Pundits suggest this structure mirrors earlier phases that produced explosive gains. Meanwhile, institutional participation and whale activity provide additional conviction. | Dogecoin price crashed to an important support level as the crypto market pulled back. This crash could be brief as one analyst predicts that it will go parabolic in October as the recently-launched DOJE ETF inflows gains steam. |