.@RebeccaRettig1 names LeBron James Person of the Week on The Policy Protocol as celebrity partnerships push prediction markets further into the mainstream: “I think this really is a testament to how mainstream prediction markets have come and how much they are part of just the cultural zeitgeist.” Thank you to @realfi_co for being a sponsor of the CoinDesk Media Network.

🎥 @cryptomanran is calling for a historic run in crypto as he sees Bitcoin setting the stage for the next leg higher: “I think it's gonna be crypto's biggest bull market ever.” Thank you to @Grayscale for being a sponsor of the CoinDesk Media Network.

Could rising Treasury yields become a key market theme next week? Explore the latest equities outlook covering the levels, developments, and storylines traders are watching in the days ahead. Find out more:

New clip: the risk hiding inside stock-token trading. 🃏 Memecoins built on top of synthetic tokens 📉 Weekend trading with zero underlying liquidity 💸 "Faces ripped off," in Brett Redfearn ( @Observatory13 )'s words Full conversation with @laurashin. 🎧

ADOPTION: 🇪🇺$34 billion-AUM UniCredit, serving over 20 million customers, is exploring crypto custody, trading, tokenized investments and stablecoin services, per Bloomberg. Its core markets span Italy, Germany, Austria, and Central and Eastern Europe. The bank is reviewing technology providers. No final decisions or launch date have been announced.

Will the Fed hike rates next week?

Hot take If you're running a 0-person business (AI only), you WILL lose to businesses with a human-first approach. The most important hires in your company are now AI orchestrators. I.e. People that have taste and can review/curate the work of agents. Skills are becoming less valuable, and the value of taste/agency is sky rocketing.

Thailand SEC Proposes Limits on Stablecoin Transfers to Third-Party Wallets, With ~$150K Daily One-Way Cap Thailand’s SEC opened a consultation on new stablecoin rules that would require deposits and withdrawals through regulated digital asset operators to originate from and go to accounts or wallets verified as belonging to the same customer. Inbound and outbound transfers would each be capped at about $151,000 per person, per operator, per day. The cap would not apply to transfers between Thai-regulated operators that comply with the Travel Rule. The SEC said the proposal aims to reduce risks related to money laundering, cybercrime and circumvention of cross-border transfer rules.

🚨 UPDATE: Oracle founder Larry Ellison canceled plans to sell up to 50 million $ORCL shares worth roughly $7.5 billion.

Sam Altman says OpenAI probably won’t go public this year, calling now an “ill-advised moment” for an IPO. That comes after OpenAI filed confidentially for a possible listing earlier this year. Altman also backed tougher AI safety checks as concerns grow over how fast frontier models are advancing.

LATEST: 🇬🇧Two crypto entrepreneurs donated a combined £72 MILLION to Reform UK, the right-wing British political party led by Nigel Farage, per BBC. Ben Delo and Christopher Harborne each gave a record £36 MILLION. Harborne had already donated £9 MILLION in August. Delo said he wanted to give Reform a “fair fight” at the next election. Reform said the money would help hire “the brightest and best minds to work on policy and the most comprehensive plan for government ever”. The donations come as police investigate allegations that senior party figures discussed disguising donations from foreign backers. Reform denies wrongdoing.

The Fed will hike rates next week and December, warns JP Morgan 🚨 🚨

Ukmto: status of crew, damage assessment and environmental impact currently unknown

Ukmto: Vessel hit by unidentified projectile while passing Strait of Hormuz

Private construction relative data centers from December 2023, per WSJ:

A disappointing first day for TRON's first US spot ETF. According to @SoSoValueCrypto, the first US-based spot @trondao ETF saw zero net inflows on its first trading day. It saw just $16,700 in trading volume. It is unclear whether the poor activity is down to Canary's decision to charge a management fee of some 1.1% or a lack of investor interest in TRX.

why are other AI companies only hitting the brakes publicly now? who were we racing against before, humanity?

⚡️UPDATE: OpenAI will NOT go public this year as concerns grow over AI safety, per Reuters. Sam Altman says now is “an ill-advised moment to go public,” as U.S. lawmakers demand tighter rules after reports of AI agents hacking external systems.

JUST IN: Elon Musk says he has been "sounding the alarm on AI for a long time."

⚡️ NEW: The SEC contains Grayscale’s filing to rename the Litecoin Trust as the “Grayscale Litecoin Trust ETF,” aiming to list shares on NYSE Arca under $LTCN.