European stocks fell on Thursday, with the pan-European STOXX 600 down 0.9% and bank shares sliding nearly 2% to a more than three-month low. Oil climbed more than 3% on continued worries about Middle East supply disruptions, lifting inflation concerns. Investors are looking for fresh policy signals from the European Central Bank, the Federal Reserve and the Bank of England, wary that sticky inflation could limit the scope for rate cuts and weigh on growth.

At the TOKEN2049 conference in Singapore on October 7, Bitmine Chairman Tom Lee said the company needs to buy about 100,000 more ETH to reach its target of 5% of circulating supply, after which it will stop accumulating. Bitmine reported holdings of 6,016,414 ETH—around 4.9% of supply—after buying roughly $41 million worth over the prior week. U.S. spot ETH ETFs have recorded outflows for six consecutive trading days. With those developments, ETH fell 5% over the week to around $2,500.

Indian stocks extended their decline on Thursday, with the Sensex down more than 1,200 points at one stage and the Nifty sliding over 400 points. The move followed the Reserve Bank of India’s surprise 25-basis-point rate hike to 5.50% and a shift in its policy stance from “neutral” to “calibrated tightening,” which dented market optimism. Rising crude oil prices and foreign outflows added to the selling pressure.

Bitwise Chief Investment Officer Matt Hougan wrote in an October 7 memo that NEAR rose 198% in Q3 and that its Intents product has surpassed $30 billion in cumulative volume. He said Intents is projected to generate about $45 million in fees this year, with some revenue returned to tokenholders via buybacks, according to Bitwise. Over the same quarter, Bitcoin gained 43% and Ethereum rose 71%.

FinCEN formally withdrew the December 2020 proposal that would have imposed recordkeeping, customer identity verification and reporting requirements on certain transactions involving unhosted and other covered wallets. The move means the proposal will not take effect as drafted, leaving self-custody workable without the added compliance burden. The withdrawal applies only to that specific 2020 proposal and does not change existing anti-money-laundering obligations for financial institutions. Regulators could still propose a new version in the future.

Strategy (MSTR) falls -6.79% to $153.37 on October 7, 2026, with MSCI index-eligibility risk and a weaker Bitcoin tape shaping the session. This report reviews the verified move, the evidence limits, and the technical levels traders are watching.

TSMC reported consolidated revenue of about NT$511.86 billion (approximately USD 16.07 billion) for September 2026. That was up 54.6% from September 2025. Revenue edged down 0.6% from August 2026, according to a company release.

IREN (IREN) falls -6.27% to $38.69 on October 7, 2026, with reliability concerns and peer-sector selling shaping the session. This report reviews the verified move, the evidence limits, and the technical levels traders are watching.