Liquid State · News & perspective
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The developing story
US Treasury daily par yield curve. 10Y −17bp / 2Y −16bp versus the prior session. 2s10s 31bp.
South Korea data center player Elice surged 30% after plunging about the same amount following its IPO one day earlier.
Tesla maintained its $972 million Bitcoin treasury unchanged through Q3 2026, with no liquidations reported. The company's unwillingness to sell positions it as a structural floor in spot markets.
US Treasury daily par yield curve. 10Y +1bp / 2Y +2bp versus the prior session. 2s10s 32bp.
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data.
SpaceX’s blowout quarter revived the AI trade, but oil topped $110 again. XS.com warns that losing $82,500 opens a path toward $70,000.
US spot Ether ETFs have shed $1.08 billion so far in October, the biggest monthly outflow of 2026, while Bitcoin ETF inflows slowed after Monday’s spike.
Institutions can trade through Ripple Prime and post RLUSD as collateral. Finding enough buyers and sellers for large positions could prove harder.
Alpenglow will replace the voting system Solana has used since 2020, targeting roughly 150-millisecond finality after months of testing that included a failed migration and rollback.
US spot bitcoin ETF create/redeem. IBIT filled. ETH −$26.1m same session.
US Treasury daily par yield curve. 10Y −3bp / 2Y +2bp versus the prior session. 2s10s 33bp.
Litecoin broke above $60.24 resistance and is trading at $60.64, with $64.36 as the next structural target. Volume confirmation during high-volume sessions will determine if the breakout holds.
From the archive · Selected reading
