Fed Minutes and TOKEN2049 Highlight Pivotal Week for Crypto Markets

Crypto markets are set for a pivotal week, with the Federal Reserve's September minutes and TOKEN2049 conference in Singapore taking center stage. The soft jobs report last week lowered expectations for a rate hike at the Fed's next meeting, and Wednesday's minutes will provide further insight into policymakers' views on inflation, employment, and monetary policy.

The industry's calendar belongs to TOKEN2049 Singapore (October 7-8), one of the largest gatherings in crypto, with over 25,000 attendees and a week of side events. The speaker roster includes Hyperliquid's Jeff Yan, Nasdaq's Adena Friedman, and Franklin Templeton's Jenny Johnson, among others.

Evernorth is set to begin trading on Nasdaq under the ticker XRPN, holding roughly 473 million XRP and describing itself as the largest publicly traded pure-play XRP treasury. The listing is part of the broader 'digital-asset treasury' trend, where listed vehicles raise capital to accumulate a single token.

Ethereum's Glamsterdam upgrade activates on the Sepolia testnet on Tuesday, introducing enshrined proposer-builder separation, block-level access lists, and gas repricing. This is a testnet milestone, with the mainnet activation remaining unscheduled.