BasisDesk

Daily Brief · October 7, 2026

Daily Brief: US Orders Strategic Bitcoin Reserve; OKX Valued at $25B

The US government has ordered the creation of a Strategic Bitcoin Reserve, while OKX secured a strategic investment at a $25 billion valuation and the CFTC proposed a new federal crypto trading…

6 storiesAudio edition
October 7, 2026basisdesk.news
BasisDesk

Story 1 of 6

US President Orders Creation of Strategic Bitcoin Reserve and Digital Asset Stockpile

An executive order bars federal agencies from selling forfeited $BTC, establishing the US government as a permanent long-term holder and directing the Treasury to evaluate budget-neutral strategies to acquire more…

October 7, 2026basisdesk.news
BasisDesk

Story 2 of 6

OKX Secures Strategic Investment From Circle, Ripple and SC Ventures at $25B Valuation

The funding round extends a prior investment led by Intercontinental Exchange. OKX will use the capital to expand platform infrastructure and develop real-world asset tokenization features.

October 7, 2026basisdesk.news
BasisDesk

Story 3 of 6

CFTC Proposes New Crypto Rules to Establish Federal Trading Framework

The CFTC published an Advanced Notice of Proposed Rulemaking on Oct. 5, 2026, for Regulation CTX and Regulation CAM, allowing registered exchanges to offer retail customers leveraged trading under a single federal…

October 7, 2026basisdesk.news
BasisDesk

Story 4 of 6

Winklevoss Asset Services Files S-1 Registration for Spot Zcash ETF

Winklevoss Asset Services filed with the SEC on Oct. 6, 2026, to list the Winklevoss Zcash ETF on Nasdaq under the ticker WINK, with Gemini Trust Company serving as custodian for the spot $ZEC holdings.

October 7, 2026basisdesk.news
BasisDesk

Story 5 of 6

Ripple Prime Expands Multi-Asset Brokerage Mandate to Brevan Howard Funds

Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to Brevan Howard, which manages approximately $35 billion in assets and backed Ripple's 2025 funding round.

October 7, 2026basisdesk.news
BasisDesk

Story 6 of 6

Securitize Expands in South Korea via Partnerships With KB Securities, Optimism, and LG CNS

The tokenization firm signed agreements to launch onchain funds on OP Mainnet with KB Securities and build domestic stablecoin and treasury infrastructure in South Korea with LG CNS.

October 7, 2026basisdesk.news
BasisDesk

The numbers

Bitcoin fell 2.8% to $83,716, leading a broader market decline that pushed the total cryptocurrency market capitalization down 2.5% to $2.81 trillion, while Ether dropped 4.9% to $2,579.

October 7, 2026basisdesk.news
BasisDesk

What to watch

  • US agency accounting reports due within 30 days of the executive order, followed by a Treasury legal and custodial evaluation within 60…
  • The close of the 60-day public comment period following the CFTC's ANPRM publication in the Federal Register.
  • SEC review milestones and 19b-4 exchange rule filing status for the proposed Winklevoss Zcash ETF.
October 7, 2026basisdesk.news
BasisDesk

Keep reading

Read and listen to the full brief

Every item links to a source-verified story. Free, no sign-up.

October 7, 2026basisdesk.news
Read and listen to the full brief