Bitcoin nears 3-week low as oil heads higher on Iran strike woes (Cointelegraph)

Bitcoin fell to around $81,000, its lowest level since Sept. 21, as renewed concerns over possible US-Iran military action pushed oil prices higher, as reported by Cointelegraph. WTI crude rose to about $93.20 per barrel while Brent reached $105.88, reportedly adding to inflation worries and pressure on risk assets. The US 30-year Treasury yield also hit a fresh 24-year high of 5.73% before easing to 5.65%, while the odds of a 0.25% Fed rate hike in December rose above 70%. 

NEAR enters crypto’s top 20 after 140% surge in 30 days (Cointelegraph)

NEAR Protocol’s token climbed into the top 20 cryptocurrencies by market cap after rising about 138% over the past 30 days, trading around $5.51 with a market value of roughly $7.2 billion, as reported by Cointelegraph. The rally comes as NEAR Intents, its cross-chain trading protocol, reportedly passed $31 billion in total transaction volume, while the launch of the first U.S. spot exchange-traded product tracking NEAR also added fresh attention.

Solana Debuts Institutional Settlement Standard With J.P. Morgan Input (Decrypt)

Solana has introduced a new institutional settlement standard designed to make large financial transactions on its network more predictable and easier for banks and institutions to use, as reported by Decrypt. The framework was stated to have been developed with input from firms including J.P. Morgan, and focuses on areas like standardized transaction instructions, compliance, and settlement finality.

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