{"id":102232,"date":"2025-10-05T09:35:34","date_gmt":"2025-10-05T09:35:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102232"},"modified":"2025-10-05T09:35:34","modified_gmt":"2025-10-05T09:35:34","slug":"latest-crypto-news-u-s-shutdown-bnb-ath-and-cardanos-google-cloud-bet","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102232","title":{"rendered":"Latest Crypto News: U.S. Shutdown, BNB ATH, and Cardano\u2019s Google Cloud Bet"},"content":{"rendered":"

Here\u2019s the latest crypto news as the weekend is showing us a mix of politics, price action, and institutional partnerships. The big three stories are that Washington won\u2019t pass a budget until late next week, Binance broke ATHs, and <\/p>\n

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\n\t\t\t\t\tCardano<\/span>
\n\t\t\t\t\tADA<\/span><\/p>\n

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\n\t\t\t\t\t\t1.81%<\/span>
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\n\t\t\t\t\tCardano<\/span>
\n\t\t\t\t\tADA<\/span>
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\n\t\t\t\t\t\t$0.8607<\/span>
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\n\t\t\t\t\t\t\t1.81% \/24h<\/span>
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\n\t\t\t\t\t$1.30B<\/span>
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\n\t\t\t\t\tPrice 7d<\/span>
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\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a>
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\t has a new partnership with Google.<\/p>\n

The upshot is:<\/p>\n

Govt shutdown good
\nBad job numbers<\/a>, good<\/p>\n

Yesterday, CNBC said that the government shutdown will likely increase the chances of another rate cut. Public jobs and other gov\u2019t services getting shut down is bullish for fiscal deficit, but it will bite in the ass once they return to ((((normal)))). Here\u2019s the top 3 stories:<\/p>\n

1. Latest Crypto News: Will the US Government Shutdown Derail Crypto Momentum?<\/h2>\n

(Source: Polymarket<\/a>)<\/p>\n

The US government shutdown has entered its third day, and prediction markets are bracing for a long battle. Data from Polymarket<\/a> shows:<\/p>\n

43% of traders expect the shutdown to last beyond October 15.
\n35% believe it will end between October 10\u201314.
\nOnly 20% expect a quick resolution by October 9.<\/p>\n

\u201cThe numbers show how little confidence there is in Washington right now,\u201d one Polymarket trader said.<\/p>\n

There will be NO jobs report tomorrow.<\/p>\n

2 weeks after the Fed cut rates due to a weak labor market, jobs data has been indefinitely suspended.<\/p>\n

Until the government shutdown ends, there will be no BLS labor data.<\/p>\n

We’re 26 days from the next Fed meeting with tomorrow’s suspended\u2026<\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) October 3, 2025<\/a><\/p>\n\n

The latest fight in Washington comes down to healthcare subsidies and spending. Republicans are accusing Democrats of padding benefits for undocumented immigrants; Democrats say they\u2019re defending core programs. Federal workers are already missing paychecks.<\/p>\n

Do I still pay tariffs<\/a> during a government shutdown? These are the real questions.<\/p>\n

The crypto angle is regulatory: with the SEC and CFTC stalled, approvals like Bitcoin ETFs risk being pushed back.<\/p>\n

DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

BNB Blows Past $1,100 and Sets New Records. Can it Hit $2k Before 2026?<\/h2>\n
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