🟢 Market Update
• Bitcoin (BTC)** surged to \$116,800, up over 3.6% in the past 24 hours.
• Massive \$35B+ in daily trading volume showing renewed institutional interest.
• Analysts suggest BTC could test \$120K if volume sustains.
🧑⚖️ Tornado Cash Verdict Shakes Dev Community
• Roman Storm , co-founder of Tornado Cash, found guilty of running an unlicensed money transmission service.
• Acquitted of money laundering, but could face up to 5 years in prison.
• Raises serious questions for open-source developers in DeFi.
📈 UK Greenlights Crypto ETNs for Retail
• Starting October 8, UK retail investors can trade Bitcoin and Ethereum ETNs.
• Marks a major regulatory shift toward mainstream crypto access.
• London Stock Exchange to list regulated products.
🇺🇸 401(k) Crypto Access Approved
• New U.S. executive order allows **crypto, private equity, and real estate in 401(k) retirement accounts.
• Opens potential \$10 trillion market to Bitcoin, Ethereum, and altcoins.
• Aimed at expanding investment flexibility for American workers.
🔥 What You Need to Know
• BTC price breakout is supported by volume — key level to watch: \$120K.
• Regulations are shifting in favor of mainstream access.
• Legal precedent** from the Tornado Cash case could impact DeFi innovation.
• Institutional entry points like 401(k) plans and ETNs will reshape market dynamics.
💬 What do you think? Are we entering the next bull phase or just a fakeout?
👇 Drop your thoughts in the comments & follow for daily crypto updates!