Crypto’s latest crash has pushed the combined market cap of digital asset treasury firms down from July’s $176 billion peak to about $99 billion today.Some DATs are already trimming their treasuries, with FG Nexus selling 10,000 ETH this week to fund buybacks.

[Federal Reserve's Logan: Keeping Rates Unchanged in December May Be More Appropriate] Lorie Logan, President of the Federal Reserve Bank of Dallas, stated that maintaining interest rates unchanged at the Federal Reserve's December meeting might be more appropriate to avoid the scenario of having to raise rates again after excessively loosening policy. Speaking at an event in Zurich, Logan noted that unless there is clear evidence showing inflation will accelerate its decline or the labor market will cool rapidly, she finds it difficult to support another rate cut in December. She emphasized that in the absence of clear evidence for further easing, keeping rates stable helps better assess the current degree of policy tightening and avoids unnecessary financial and economic volatility caused by erroneous rate cut decisions.

[Grayscale Transfers 1,808 BTC and 6,568 ETH to Coinbase] According to Arkham monitoring, Grayscale has transferred 6,568 ETH (approximately $17.97 million) and 1,808 BTC (approximately $151.63 million) to a Coinbase Prime address.

Bitmine increased its holdings by 63100 ETH ($174 million) this week, bringing its total holdings to 3.623 million ETH ($9.66 billion). Meanwhile, BlackRock reduced its holdings by 43200 ETH ($119 million) today, bringing its holdings to 3.605 million ETH ($9.91 billion). （Lookonchain）

[Federal Reserve's Logan Reiterates That the View of an October Rate Cut Is Unreasonable] Federal Reserve's Logan reiterated that the view of an October rate cut is unreasonable.