Daylight Raises $75M to Build Decentralized Energy Network

Bitfarms has successfully raised its convertible senior notes offering from $300 million to $500 million, driven by strong investor demand. This increase not only highlights the growing interest in the company but also supports its ambitious plans for expansion in artificial intelligence and computing. This move is significant as it reflects confidence in Bitfarms' future and the broader market's potential.

BNY Mellon is taking a cautious approach to stablecoins, indicating that while they are not ready to launch their own token, they are actively developing the necessary infrastructure to support one in the future. This is significant as it shows the bank's commitment to staying relevant in the evolving digital currency landscape, ensuring they can adapt quickly if the demand for stablecoins increases.

Daylight has successfully raised $75 million to revolutionize the home energy sector by integrating cryptocurrency into the grid's upgrade process. This innovative approach aims to align homeowner incentives with grid stability, showcasing how financial innovation can play a crucial role in modernizing energy systems. This funding not only highlights the growing intersection of technology and energy but also emphasizes the potential for crypto to drive sustainable practices in everyday life.

Daylight has successfully raised $75 million to develop a decentralized solar energy grid, addressing the significant barrier of high upfront costs associated with solar panel and battery installation. This funding is crucial as it paves the way for broader adoption of solar energy, making it more accessible to individuals and communities. By removing financial obstacles, Daylight aims to accelerate the transition to renewable energy sources, which is vital for combating climate change and promoting sustainability.

Hyperliquid has just launched HIP-3, allowing anyone to create perpetual futures contracts by staking $20 million. This move is significant as it democratizes access to decentralized finance (DeFi), enabling more builders to participate without needing committee approval. However, it raises questions about whether the existing safeguards can manage the potential influx of new markets and participants. As DeFi continues to evolve, this could be a pivotal moment for the industry.

Bitwise's chief investment officer, Matt Hougan, has commended decentralized finance (DeFi) platforms for their impressive resilience during the recent market crash. He believes that the swift recovery of the crypto market is a strong indicator of its underlying strength. This perspective is significant as it highlights the growing stability and reliability of DeFi solutions, which could encourage more investors to engage with cryptocurrencies.

In October 2025, the landscape of cryptocurrency wallets is thriving, with new options for Bitcoin, NFTs, and DeFi access. This is significant because as digital assets continue to gain popularity, having the right wallet can enhance security and ease of use for investors and collectors alike. The latest wallets offer innovative features that cater to the evolving needs of users, making it easier than ever to manage and trade digital currencies.

SG-FORGE and Bitpanda have announced an expansion of their partnership into the decentralized finance (DeFi) space, focusing on stablecoins. This collaboration is significant as it highlights the growing integration of traditional finance with blockchain technology, potentially offering more stability and accessibility in the crypto market. By leveraging their combined expertise, they aim to enhance user experience and foster innovation in financial services.

Sky has launched a new Risk Capital Token as part of its growing presence in the decentralized finance (DeFi) sector. This innovative token aims to attract investors looking for opportunities in the rapidly evolving crypto landscape. By introducing this token, Sky not only enhances its portfolio but also contributes to the broader adoption of DeFi solutions, making it an exciting development for both the company and the industry.

RootstockLabs has unveiled Rootstock Institutional, a groundbreaking initiative that aims to unlock $260 billion in idle Bitcoin held by institutions. With over 2.6 million BTC currently sitting unused, this move could significantly boost the decentralized finance (DeFi) landscape. By facilitating the deployment of these assets, Rootstock is not only enhancing liquidity in the market but also encouraging more institutions to engage with blockchain technology. This development is crucial as it represents a shift towards greater adoption of cryptocurrencies in traditional finance.

Elon Musk recently expressed his admiration for Bitcoin's ability to withstand inflation, stating that 'it is impossible to fake energy.' This perspective highlights the growing recognition of Bitcoin as a valuable asset in today's economic climate. Musk's endorsement could further bolster Bitcoin's credibility and attract more investors, making it a significant topic in the financial world.

Chainlink has teamed up with S&P Global to provide real-time risk assessments for major stablecoins, marking a significant step for traditional finance into the world of decentralized finance (DeFi). This partnership is crucial as it enhances transparency and trust in stablecoins, which are becoming increasingly popular in the financial landscape. By offering on-chain risk scores, they aim to help DeFi protocols make informed decisions, ultimately fostering a safer environment for users and investors alike.

Crypto traders are reacting positively to a significant signal from the US money markets, where the Secured Overnight Financing Rate (SOFR) has shown a notable spread against the Federal Reserve's overnight reverse-repo (ON RRP) rate. This unusual gap suggests tightening funding conditions, which could indicate a potential pivot in monetary policy by October. Such developments are crucial for the crypto market as they may influence investment strategies and market dynamics, making it an exciting time for traders looking to capitalize on these shifts.

Thumzup Media has made an exciting move by integrating Dogecoin for creator payouts, marking a significant step in the corporate adoption of meme coins. This development not only highlights the maturation of the cryptocurrency market but also aims to reduce cross-border transaction fees, making it easier for creators to receive payments. As technical analysts monitor Dogecoin's support levels, this integration could attract more speculative capital, potentially benefiting both Thumzup and the broader crypto community.

France is stepping up its regulatory efforts by auditing Binance and other cryptocurrency exchanges, aiming to strengthen its influence in enforcing the Markets in Crypto-Assets (MiCA) regulations across Europe. This move is significant as it highlights France's commitment to establishing a robust regulatory framework for the crypto industry, which could enhance investor protection and market stability in the region.

As October unfolds, traders are closely watching Bitcoin and XRP to determine which cryptocurrency will experience a breakout first. With Bitcoin facing critical resistance levels and XRP consolidating at multi-week lows, the market is filled with anticipation. This situation is significant as it could set the tone for the rest of the month and influence trading strategies across the board.

This week has been significant for Solana as a16z invests $50 million into staking firm Jito, while DeFi Development Corp acquires 86,000 SOL worth $9.5 million. With Solana treasury firms now holding approximately 13.5 million SOL valued at around $2.3 billion, this represents a remarkable 466% increase year-to-date. The upcoming launch of the Snorter Token trading bot adds to the excitement, highlighting the growing interest and investment in the Solana ecosystem.

Gold has recently tested a crucial resistance level, which could indicate the start of a new bullish phase in the market. This is significant for investors as it suggests potential price increases ahead, making it an opportune time to consider gold investments. The movement in gold prices often reflects broader economic trends, and a bullish phase could signal increased confidence among investors.