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Pakistan says Middle East oil crisis accelerates EV adoption

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Haroon Akhtar, the prime minister's adviser on industry and production affairs, told Jin10 that surging oil prices and a diminished appeal for gasoline-powered cars are compressing the payback period for higher EV purchase costs to roughly one to one and a half years. He said this dynamic could help Pakistan reach its electric vehicle adoption target earlier than planned.

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Trader Takes 20x Short Across BTC, ETH, SOL, XRP and DOGE on Aster

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A trader on Aster is shorting BTC, ETH, SOL, XRP, and DOGE with 20x leverage, and all positions are currently in profit.

The total short exposure stands at $26.5 million, with unrealized gains of $586,000.

Ethereum: 3,629 ETH, value $9.33 million, unrealized gains $163,000.

Solana: 73,728 SOL, value $8.52 million, unrealized gains $141,000.

Dogecoin: 48.37 million DOGE, value $4.24 million, unrealized gains $224,000.

XRP: 1.68 million XRP, value $2.37 million, unrealized gains $53,000.

Bitcoin: 24 BTC, value $1.99 million, unrealized gains $5,600.

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Cointelegraph Denies Sale Talks, Demands Public Correction From CoinDesk

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Cointelegraph says it is not pursuing a sale and asserts that CoinDesk's article is based on incorrect information and contains several factual errors. The company has asked CoinDesk to issue a public correction and to publish it with the same prominence as the original report rather than a quiet rewrite.

Foresight News had previously reported that CoinDesk, citing people familiar with the matter, suggested Cointelegraph might be seeking a buyer after a sharp drop in website traffic, with no sale price disclosed.

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Project Eleven Partners With Quantus to Integrate Blockchain Into Strongpoint Custody

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Project Eleven has formed a partnership with Quantus to bring Quantus' blockchain capabilities into Strongpoint, its institutional custody platform. The collaboration will cover integration work, key management processes, and transaction support to enable institutions to manage Quantus assets using Strongpoint's existing hardware, policies, approval workflows, and audit controls.

Foresight News reports that the combined effort aims to provide support in the first quarter of 2027. In January, Project Eleven closed a $20 million financing round led by Castle Island Ventures.

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Bitcoin Whale Opens 40x Short on 400 BTC

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A monitored address initiated a 40x leveraged short position on 400 Bitcoin in the early session, with the position valued at $33.13 million and an entry price of $83,171.70 per BTC.

According to Foresight News, the trade shows an unrealized profit of roughly $134,000 at present.

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Tokyo Financial Exchange to Introduce BoJ Overnight Call Rate Futures

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Jin10 reports that the Tokyo Financial Exchange plans to roll out a new futures contract this month tied to the Bank of Japan's overnight unsecured call rate, a product intended to let traders position on rate moves between policy meetings and hedge against rising volatility in rates.

Officials say the exchange's existing three-month TONA futures have not fully met demand, with traders seeking tools that reflect shifting rate expectations tied to each BoJ decision.

A wholesale business department director at the exchange noted that rate volatility has become more active and demand for derivatives is increasing.

Even as the market anticipates ongoing rate hikes from the BoJ, activity in the three-month TONA futures has weakened in recent months, with September volume down nearly 50% from a year earlier.

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Tanker struck by projectile near Qatar in rare Gulf attack

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A tanker was struck by a projectile in waters north of Madinat ash Shamal, Qatar, according to the United Kingdom Maritime Trade Operations. Sina Finance reported the hit occurred in that area, and authorities have not disclosed the ship's identity or who was responsible. The attack was the first tanker incident in the deep Persian Gulf in about a month.

On September 9, UKMTO said a vessel was struck by an unidentified projectile roughly 28 nautical miles southeast of Al-Faw, Iraq. Since then, most attacks have concentrated on the Strait of Hormuz and nearby corridors.

The flare-up comes as tensions between Washington and Tehran rise. U.S. officials said the White House has asked the Pentagon to outline strike options against Iran for possible use before the U.S. midterm elections, though details on scale, targets, and whether any action will proceed remain under discussion.

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Polymarket Rays Option Climbs to 55.5% on 23-Point Swing

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Catcher Predict tracked a sharp move in Polymarket’s Tampa Bay Rays vs. New York Yankees market, with the Rays option rising from 32.5% to 55.5% in roughly one hour—a 23-point swing.

ChainCatcher attributes the sudden shift to potential breaking news affecting the market.

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