Latest Crypto Updates: U.S. Shutdown, BNB All-Time High, and Cardano’s Google Cloud Investment

This weekend’s crypto updates reveal a blend of political developments, crypto market movements, and new partnerships in the industry. The top three highlights include Washington delaying the budget until late next week, Binance reaching new all-time highs, and a new strategic alliance between

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has formed a new alliance with Google.

The key takeaways include:

• Government shutdown may have benefits
• Poor job statistics are preferable

According to CNBC yesterday, the ongoing government shutdown is likely to enhance the probability of an additional rate cut. The suspension of public employment and similar government services is beneficial for the fiscal deficit, but it may cause challenges when operations resume to ((((normal)))). Here are the three main stories:

1. Recent Crypto Insights: Will the U.S. Government Shutdown Disrupt Crypto Progress?

The U.S. government shutdown is now in its third day, and prediction marketplaces are preparing for a prolonged struggle. Data from Polymarket indicates:

• 43% of traders anticipate the shutdown will persist beyond October 15.
• 35% believe it will conclude between October 10 and 14.
• Only 20% expect a swift resolution by October 9.

“The statistics highlight the lack of confidence in Washington currently,” stated one trader on Polymarket.

There will be NO jobs report tomorrow.

2 weeks after the Fed reduced rates due to a frail labor crypto market, jobs data has been indefinitely put on hold.

Until the government shutdown concludes, there will be no BLS labor statistics.

We’re 26 days away from the next Fed meeting with tomorrow’s data suspended…

— The Kobeissi Letter (@KobeissiLetter) October 3, 2025

The primary contention in Washington involves healthcare subsidies and expenditures. Republicans accuse Democrats of inflating benefits for unauthorized immigrants; Democrats counter that they’re protecting essential programs. Federal employees have started missing their paychecks.

Will I still incur tariffs during a government shutdown? These are the crucial inquiries.

From a crypto perspective, the regulatory environment is hindered: with the SEC and CFTC at a standstill, approvals such as BTC ETFs may face delays.

DISCOVER: 20+ Next Crypto to Explode in 2025

BNB Soars Past $1,100, Establishing New Peaks. Will it Reach $2k Before 2026?

BNB, the native asset of Binance’s BNB Chain, has reached a new high of $1,111.90, climbing over +7% in 24 hours and +17% this week, based on CoinGecko data.

Standard Chartered estimates the coin could surge to around $1,275 by 2025, in sync with Bitcoin’s overall ascent. On-chain activity within BNB Chain is also seeing a significant uptick:

BNB developers are initiating upgrades, featuring a new minimum network fee of 0.05 gwei to reduce expenses and a strategic plan to achieve 20,000 TPS with 150-millisecond finality by 2026.

DISCOVER: Top 20 Crypto to Buy in 2025

Cardano Receives Institutional Validation from Google Cloud

I haven’t encountered anyone who has executed even one transaction on Cardano. It hasn’t come up in my X feed at all, and I follow around a thousand accounts varying from founders and developers to traders and humorists.

I can’t mention a single dApp, crypto token, wallet, website, organization, or project related to Cardano. So, what accounts for its substantial trading market capitalization?

Jokes aside – these are humorous remarks, ADA community. Please don’t judge me too harshly! – there are partnerships and an optimism prevailing over reality for ADA.

Google Cloud has commenced locking tokens ADA on the Cardano blockchain, representing a significant institutional endorsement for the ecosystem.

Retail stakers will see unchanged rewards, but institutional validators enhance decentralization and promote credibility. With Google already operating nodes for Tezos and other blockchain systems, its involvement adds further institutional trust to Cardano. That’s everything for this weekend.

EXPLORE: Government Shutdown Causes Crypto ETF Delay at SEC

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