Google releases new security system to help banks store and transfer cryptocurrencies

A Glassnode report indicates that Bitcoin's realized volatility has fallen to approximately 25% in the past month, and realized losses from each decline since August have continued to narrow. Bitcoin is currently trading within a range, and the market is focused on the Federal Reserve's interest rate decision on October 28th. Bitcoin has fallen back below the $84,000 to $85,000 range. The US spot Bitcoin ETF has seen net inflows of approximately $67 million over the past two weeks, and there is approximately $42 million in buy orders in the $78,000 to $79,000 range on Binance's spot order book. AI Interpretation: The Federal Reserve's interest rate decision, as a core indicator of monetary policy, directly determines the pace of tightening or easing of global liquidity. The current market's speculation on the interest rate path has entered a critical window, and policy direction will reshape the valuation logic of risk assets. The final tone of the interest rate decision will end market speculation on monetary policy and trigger large-scale position adjustments in capital markets. Investors need to be highly vigilant about the sharp fluctuations brought about by policy shifts; the interest rate decision is currently the most critical variable affecting financial market pricing.

Goldman Sachs and BlackRock alumni raised $4 million to put farm and apartment loans on the blockchain.

Birch Hill has raised $4 million in seed funding, led by Multicoin Capital, with participation from ParaFi Capital, Castle Island Ventures, and Nascent, bringing its total funding to $6.5 million. Birch Hill is the official Vault curator for the lending protocol Morpho and has applied for broker-dealer status with the Financial Industry Regulatory Authority (FINRA). It plans to securitize and put multi-family residential, agricultural, and energy loans in the US on the blockchain and met with the SEC's Cryptocurrency Working Group in August. (Source: Decrypt)

Ripple projects annualized product revenue of $900 million by the end of 2026, with growth coming from payments, custody, stablecoins, prime brokerage, and treasury businesses. The number of customers and partners using multiple Ripple products has tripled this year. Ripple expects its payment network's cumulative transaction volume to approach $150 billion by the end of the year, with its stablecoin RLUSD reaching a market capitalization of $2.6 billion. This Monday, Ripple received final approval from the U.S. Office of the Comptroller of the Currency to establish a National Trust Bank and expanded its tokenized trade finance partnership with Bank of New York Mellon on the XRP Ledger. XRP has fallen nearly 30% this year, with a market capitalization of $83 billion. (Source: The Block)

[Tarek Mansour: Kalshi Plans to Raise Age Threshold and Limit Deposits for Younger Users] Tarek Mansour, CEO of prediction market platform Kalshi, stated that the company is in discussions with regulators to increase user protection measures and is willing to raise the participation age threshold to 21. Kalshi will impose a monthly deposit cap of $2,500 on users under 21 and will create special accounts for these users to deter high-risk behavior. (Source: Bloomberg)