Happy Monday!

Bitcoin jumped 3% on Monday thanks to the longest-ever government shutdown nearing its end — but $109,000 remains the line in the sand.

Coinbase is launching a new platform that allows investors to purchase tokens before they are even launched: here’s how it works.

Plus, if you’re interested in a different spin on the Magnificent 7 approach to investing, check out this webinar to get an exclusive pre-launch look at Cboe’s “Magnificent 10” index.

TOP STORY

Bitcoin Up 3% On Shutdown Progress — But $109,000 Remains The Target

Bitcoin has rallied above $106,000 on Monday as investors reacted to a bipartisan Senate deal to end the historic U.S. government shutdown.

The U.S. Senate voted 60-40 Sunday night to advance a framework that would reopen the government after 40 days, restoring funding for key agencies through January 2026.

Lawmakers struck a compromise ensuring back pay for furloughed federal workers and a December vote on extending Affordable Care Act tax credits.

Read the full scoop here.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are up today as the government shutdown seems to finally be nearing its end: here’s what’s driving markets today.

Dogecoin has surged 4% and could be gearing up for a big reversal after a long downtrend — is this dog ready to run?

XRP jumped 7% on Monday as the long-awaited spot XRP ETFs are getting ready for launch — all-time highs coming soon?

FINTECH FOCUS

Coinbase Brings Back Pre-Listing Access For Tokens As COIN Targets $369

Coinbase Global Inc. is trading near $322 on Monday, up 4.7%, after the company announced a new digital token sales platform modeled after early crypto fundraising programs.

According to The Wall Street Journal, Coinbase will launch a platform that allows individual investors to buy new digital tokens before they list on its exchange.

The exchange said it plans to host about one token sale per month, with investors submitting purchase requests during a one-week window.

An algorithm will then allocate tokens in an equitable manner. The first project, Monad, will debut next week.

Read the full scoop here.

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