Deutsche Bank and DWS-backed EURAU stablecoin goes multichain with Chainlink

Stellar is making a significant move by partnering with Chainlink to enhance its decentralized finance (DeFi) capabilities. By integrating Chainlink's solutions, Stellar aims to improve data standards and cross-chain interoperability, which are crucial for the growth of DeFi applications. This collaboration not only positions Stellar to attract more users but also highlights the increasing importance of interoperability in the blockchain space, making it a noteworthy development for the future of finance.

Chainlink's LINK has seen a 3.6% bounce from its recent lows, thanks to Stellar's integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Streams. This collaboration is significant as it enhances the flow of tokenized assets across different blockchain networks, potentially increasing the utility and adoption of both platforms. As the blockchain ecosystem continues to evolve, such integrations are crucial for fostering interoperability and expanding the reach of real-world assets.

Chainlink's LINK token has dropped 8% below its support level, reflecting the broader weakness in the cryptocurrency market. This decline is notable despite the ongoing growth in adoption, highlighted by a recent partnership with Ondo. The situation underscores the volatility in the crypto space, where even positive developments can be overshadowed by market trends.

Chainlink has been selected as the oracle provider for Ondo's tokenized assets, marking a significant step in the integration of blockchain technology in finance. This partnership is crucial as it enhances the reliability and efficiency of asset tokenization, allowing for more secure and transparent transactions. As the demand for tokenized assets grows, this collaboration positions both companies at the forefront of innovation in the financial sector.

Ondo Finance has teamed up with Chainlink to enhance the adoption of tokenized stocks and ETFs, marking a significant step in the integration of real-world assets into the blockchain space. This partnership is crucial as it not only facilitates easier access to these financial instruments but also promotes innovation in the financial sector, potentially attracting more institutional investors to the world of digital assets.

Ondo has partnered with Chainlink to enhance its offerings by integrating reliable data feeds for over 100 tokenized equities. This collaboration is significant as it aims to provide investors with accurate and real-time information, thereby improving transparency and trust in the tokenized equity market. By leveraging Chainlink's decentralized oracle network, Ondo is set to revolutionize how investors interact with tokenized assets, making this a noteworthy development in the blockchain space.

Chainlink's token experienced a drop but quickly rebounded by 4% amid volatility driven by the Federal Open Market Committee (FOMC) announcements. This fluctuation highlights the ongoing uncertainty in the crypto market, as traders react to economic signals. Understanding these movements is crucial for investors looking to navigate the complexities of cryptocurrency trading.

Safello and Deutsche Bank are set to launch the first TAO ETP on the SIX Swiss Exchange, marking a significant moment in the growing trend of crypto exchange-traded products. This development is part of a broader wave of crypto ETFs emerging globally, including new funds for Solana, Litecoin, and Hedera in markets like the US and Hong Kong. This matters because it reflects increasing institutional interest in cryptocurrencies and could pave the way for more mainstream adoption.

Bitcoin has recently dropped below the $110,000 mark, causing significant concern among traders and investors. This decline was triggered by the US Federal Reserve's decision to cut interest rates and signal an end to quantitative tightening, leading to a wave of panic selling. The volatility has tested investor confidence and resulted in the liquidation of leveraged positions, highlighting the ongoing uncertainty in the market. Understanding these movements is crucial for anyone involved in cryptocurrency, as they reflect broader economic trends and investor sentiment.

Australian police have successfully cracked crypto wallets, recovering over $7 million in illicit digital assets. This significant achievement highlights the ongoing efforts of law enforcement to combat cybercrime and protect the integrity of the financial system. By reclaiming these funds, authorities not only disrupt criminal activities but also send a strong message about the importance of security in the digital currency space.

A recent discussion on X sparked by crypto analyst Scott Melker has brought attention to the XRP Ledger and its utility. Melker's question about the current pitch for XRP, separate from Ripple, engaged his million followers, leading to a vibrant exchange of ideas. This conversation is significant as it highlights the evolving narrative around XRP and its role in the cryptocurrency landscape, encouraging both supporters and skeptics to share their insights.

The New Hampshire Senate has decided to stall a bill aimed at deregulating crypto mining after a split vote, reflecting growing public concern over the proposal. Lawmakers believe further study is necessary before making any changes to local controls on crypto mining. This decision is significant as it highlights the ongoing debate about the balance between technological advancement and community impact, especially in a state where crypto mining has become a contentious issue.

Historically, October has been a great month for Bitcoin, often referred to as 'Uptober' due to its consistent price surges. However, as October 2025 comes to a close, Bitcoin is currently about 4% down, breaking its seven-year streak of closing the month in profit. This shift is significant for investors and enthusiasts who rely on past trends to predict future performance, raising concerns about the stability of the cryptocurrency market.

Vineet Budki warns that Bitcoin's four-year cycle remains intact, predicting a significant 70% drop in the next market downturn. He emphasizes that many investors lack a solid understanding of Bitcoin's economic properties, which could lead to panic selling at the first signs of trouble. This insight is crucial as it highlights the volatility of cryptocurrencies and the importance of informed investing, especially in uncertain market conditions.