The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East. Source: https://www.coindesk.com/markets/2024/10/02/bitcoin-etfs-bleed-2426m-biggest-outflow-since-sept-3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2024/10/02/tokenization-allows-more-efficient-collateral-transfers-digital-asset-euroclear-and-world-gold-council-found-in-pilot-project/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets. Source: https://www.coindesk.com/markets/2024/10/02/bitcoin-plunge-causes-450m-in-bullish-crypto-bets-liquidated/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days. …

Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research …

Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple. Source: https://www.coindesk.com/policy/2024/10/01/bitwise-takes-a-step-toward-xrp-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ardoino says there’s more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure. Source: https://www.coindesk.com/business/2024/10/01/tethers-usdt-has-uses-beyond-crypto-markets-trading-ceo-paolo-ardoino/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sean “Diddy” Combs has hired Sam Bankman-Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and …

Robinhood customers in the European Union can now transfer more than 20 cryptocurrencies, including include bitcoin, ether, solana and USD coin, in and out of the trading app. Source: …

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel. Source: https://www.coindesk.com/markets/2024/10/01/bitcoin-slides-below-63k-diverging-from-gold-as-middle-east-tensions-flare-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines