This Week in Crypto: Government Shutdown, Hedera Upgrade, and UK ETNs Spotlight
Here’s what’s on the radar for the week starting October 6, highlighting key events in cryptocurrencies, blockchain, and macroeconomic developments shaping digital asset markets. For daily updates, subscribe to Crypto Daybook Americas for a concise morning briefing.
Crypto markets could face uncertainty as the U.S. government shutdown limits the release of major economic data, making it harder for traders to gauge broader market trends.
The shutdown also pauses approvals for new U.S. exchange-traded funds (ETFs). Meanwhile, U.K. retail investors are set to regain access to crypto exchange-traded notes (ETNs) for the first time in four years. In August, the Financial Conduct Authority lifted its ban, citing a more mature market and improved investor understanding of these products.
In industry developments, Hedera is rolling out a mainnet upgrade to enable batch transactions, boosting network efficiency. At the same time, Jito DAO is voting on whether to double the number of validators on Solana’s StakeNet platform, aiming to optimize the economic performance of the Jito Stake Pool.
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