๐ Global & Macro: No major macroeconomic headlines in this hour; focus remains on institutional crypto adoption.
๐ฆ RWA & Institutional: Wells Fargo is reportedly exploring Bitcoin buying and selling services, serving over 70 million customers and managing $2.6 trillion in assets. This signals continued institutional interest in crypto offerings.
โก Crypto & Markets: INFINIT launched a custodial trading vault on Hyperliquid, offering managed trading strategies. Collector Crypt reported Q3 revenue of $433.5 million and gross profit of $25.4 million. BTC is down 1.52% at the time of reporting.
๐ก Key Takeaway: Institutional crypto adoption advances with Wells Fargo’s exploration, while DeFi innovation and strong earnings from crypto firms highlight sector resilience despite BTC’s dip.