U.S. Shutdown Hits Federal Workers as IRS Eases Corporate Crypto Tax Rules

Vanguard Prepares to Offer Bitcoin and Crypto ETFs to U.S. Clients, Following Market Trend and Regulatory Shift

Vanguard, the $9 trillion asset manager, is reportedly preparing to offer Bitcoin and crypto ETFs to its U.S. brokerage clients, reversing its previous reluctance. The move follows growing adoption of Bitcoin and Ethereum ETFs, which have seen massive inflows, and aligns with the pro-crypto regulatory environment under the current administration. Vanguard’s CEO, Salim Ramji, who previously launched BlackRock’s Bitcoin spot ETF, is expected to drive the initiative, potentially unlocking significant new liquidity for digital assets among the firm’s 50 million investors.

VisionSys AI Partners with Marinade Finance to Launch $2 Billion Solana-Based Digital Treasury, Begins $500 Million SOL Staking Program

VisionSys AI Inc. announced that its subsidiary Medintel Technology has partnered exclusively with Marinade Finance to launch a Solana-based digital treasury program valued at up to $2 billion. The first phase will acquire and stake $500 million in SOL over six months. Marinade will manage staking operations, ensuring security, compliance, and optimized performance. The initiative aims to strengthen VisionSys’s balance sheet, enhance liquidity, and integrate AI-driven strategies with Solana’s blockchain to explore next-generation DeFi and tokenomics solutions.

U.S. Government Shuts Down, 750,000 Federal Workers Furloughed, Air Travel and Economic Data Delayed Amid Funding Standoff

The U.S. government partially shut down on October 1, 2025, after Congress and the White House failed to agree on funding, potentially furloughing 750,000 federal workers and delaying critical economic reports. Republicans, led by President Trump, tied the shutdown to broader government restructuring, while Democrats pushed for extended healthcare benefits. The standoff could last weeks, disrupt air travel, and add uncertainty to financial markets as both parties seek leverage ahead of the 2026 midterms.

Bitcoin Eyes $160,000–$200,000 Rally as Spot, Whale, and ETF Demand Surge in Final Quarter of 2025

Bitcoin is showing strong on-chain signals for a potential year-end rally, with CryptoQuant projecting a price range of $160,000–$200,000 if demand continues. Spot demand has been rising at over 62,000 BTC per month since July, while whale holdings and U.S.-listed ETFs are also increasing. Bitcoin has surpassed the key on-chain realized price of $116,000, signaling a shift back into a bullish cycle. CryptoQuant highlights growing stablecoin liquidity and lower unrealized trader gains as additional bullish factors, aligning with other forecasts from Standard Chartered, Bitwise, and Fundstrat projecting significant upside for Bitcoin.

Senate Finance Committee to Examine Digital Asset Taxation After IRS Eases CAMT Rules on Unrealized Crypto Gains

The U.S. Senate Finance Committee is holding a hearing on digital asset taxation just one day after the Treasury and IRS issued interim relief on how crypto is treated under the Corporate Alternative Minimum Tax (CAMT). The new guidance, contained in Notices 2025-46 and 2025-49, allows companies to exclude unrealized gains and losses on digital assets from their CAMT income — a major win for large Bitcoin holders like Strategy, which would have otherwise faced billions in tax liability. The hearing, led by Chair Mike Crapo, will feature testimony from Coinbase and Coin Center representatives as lawmakers consider broader tax adjustments for the growing digital asset sector.