What's happening: Bitcoin ETF Custody Concentrates Power, Raising Systemic Risk
Spot Bitcoin exchange‑traded funds now hold over $54 billion, roughly 1.5 million BTC. The ETF structure places the underlying coins in a trust controlled by a handful of custodians, with Coinbase identified as the dominant custodian, creating a single point of operational failure.
Also developing:
Stellar (XLM) surged 2.3% to break the critical $0.2460 resistance level, propelled by a notable increase in trading volume that outpaced its seven‑day average. Institutional inflows were identified as the primary driver, indicating measured accumulation rather than speculative spikes. The price action suggests a shift from short‑term consolidation to a potential upward trend, with the breakout occurring on higher-than-usual liquidity. Analysts note that sustained volume support will be crucial for further advances toward the next resistance zone around $0.260.
An inspiring conversation with investor and entrepreneur @ericjackson. He shares insights into finding 100x investing opportunities, disrupting the real estate market to make homes more affordable, the importance of “buying quality” and why he’s “bullish as Michael Saylor” on Bitcoin. Alright...
Things i like about Reya: 1) it's a perp dex - proven pmf, 1ms latency for HFTs 2) first based rollup appchain - sync composable with ethereum L1 liquidity, that's new 3) ethereum economics - 20% of fees burn ETH, eth validators get...
Prediction market operator Polymarket has secured an Amended Order of Designation from the U.S. Commodity Futures Trading Commission, permitting it to run an intermediated trading platform under the full regulatory regime applied to U.S. exchanges. The clearance enables the firm...
The U.S. Commodity Futures Trading Commission (CFTC) announced the formation of a new CEO Innovation Council, inviting senior executives from the financial and technology sectors to join. Acting Chairman Caroline Pham said the council will guide the agency’s efforts to...
The strong price action occurred on below-average volume.
Grayscale’s spot Dogecoin ETF fell short of expectations on its launch day.
Rate cut odds just went from 33% to 84% in a week The jump came after NY Fed President Williams hinted at "further adjustment in the near term" The rest of the Fed remains split, but the market is listening to the...
U.S. Bank, the United States' fifth‑largest commercial bank, is piloting the issuance of a custom stablecoin on the Stellar public blockchain. The bank aims to leverage Stellar's low‑cost, fast settlement capabilities to create a dollar‑backed digital token for internal and...
"Assuming that Nova Digital has not yet exercised the refund right, they haven't asked for their $25 million back - if that ( $BERA 's) price doesn't go above $3 by February, it is in Nova Digital's interest to ask...
The Ethereum Foundation last month announced the Privacy Cluster to make privacy “a first-class property of the Ethereum ecosystem.” At Ethereum Devconnect, I spoke with the EF's Andy Guzman & Oskar Thorén about: 👀 The formation of Privacy Cluster amid...
MSCI’s October consultation on "digital asset treasury companies" coincides with a fragmentation of Bitcoin exposure channels, as institutional capital by mid‑2025 is split among regulated spot ETFs exceeding $100 billion, mining firms with built‑in BTC holdings, and emerging treasury‑style vehicles. JPMorgan...
TON’s price retreated after a brief, ecosystem‑driven rally, slipping toward the $1.50 support level. Early session buying surged but quickly lost momentum, with trading volume collapsing and the token failing to sustain its gains. Technical indicators now show weakening demand...
The SEC has issued post‑shutdown technical guidance that lets crypto ETF issuers choose between the automatic 20‑day effectiveness provision under Section 8(a) or an accelerated effectiveness request via Rule 461, streamlining the path to launch. The guidance follows the approval of generic...
Unification snapshot passed with resounding support!! No major delegates voted against ~63,000,000 yes ~18 no The protocol fee smart contracts have now been added to our $15.5m cantina bug bounty Find a critical, receive generational wealth After about a week of this bounty being...
Tomorrow, you'll be able to track Leios progress 24/7: Wednesday 26 November 9.00 UK - DNS change 11.00 UK - Leios Development Tracker is available publicly 12.00 UK - Leios Development Tracker: Blogpost Go Live 12.30 UK - Leios Development Tracker: Socials (X, LinkedIn, Discord)...
A group of victims of the Oct. 7 Hamas attacks has filed a lawsuit against cryptocurrency exchange Binance, alleging the platform enabled the movement of more than $1 billion to sanctioned entities such as Hamas and Iran’s Revolutionary Guard Corps. The complaint...
Digital asset treasury (DAT) firms collectively hold millions of dollars in Ethereum, but a sharp decline in ETH's price to below $3,000 has left many of those holdings deeply underwater. The firms, which purchased the cryptocurrency at significantly higher price...
SKALE announced the launch of its "Expand" initiative on Base, Ethereum's second‑largest Layer 2 with over $4.3 billion TVL, enabling its SKALE Manager contracts to run on any EVM‑compatible chain. The platform offers gasless transactions, instant execution, and encrypted processing, allowing the...
An analyst’s data show that roughly 35‑40% of Bitcoin, 37% of Ether and 70% of Solana are currently held at a loss, but the figures overstate sell‑side pressure because large portions of each token are locked or held by institutions....
Had a blast on the Partnering to Create Wealth podcast with @dfmarcus of New York Private Bank & Trust. We talked about everything from why I'm betting big on Gen Z founders to why @Bitcoin is better tech than gold. Here's what...
The post explains how EtherFi lets users earn yield by staking, restaking, and using auto‑compounding liquidity vaults that allocate funds across protocols like Pendle, Aave, and Hyperbeat. It highlights the platform’s $7 billion TVL, optional TradFi‑style membership plans with crypto‑linked credit...
The long-awaited Polymarket US has been cleared to launch.
The Internet Computer (ICP) token broke through the pivotal $4.20 resistance level, doing so on higher-than-average trading volume that signaled strong buying interest. The price advance was confirmed by a noticeable surge in breakout volume, suggesting institutional or large‑scale participation....
At Ethproof, away from all the marketing gimmicks and limelight @drakefjustin in his presentation crowned ZiskVM as the NUMBER 1 zkVM overall. Ranking was as follows: Rank 1 : ZiskVM Rank 2 : zkSync Airbender Rank 3 : Airbender His analysis is based on multiple...
#Bitcoin 4H range established. Note that support outlined did hold which is why price bounced but just rejected at local highs. Break above or below range sets up next directional move. OBV still showing weakness. https://t.co/q45aWTsGb2
BONK surged past a key overhead resistance level as its trading volume spiked to 85% above its average, indicating heightened market interest. The breakout was followed by modest pullbacks that established a new support zone, suggesting the price may now...
Polymarket lands CFTC approval 🦅 2025 US launch is only at 63% though... https://t.co/V7dx4QT234
"I think the big takeaway from how I look at it, is I don't think he (Smokey) actually challenges the facts in the article very much." - Jack Kubinec discussing SmokeyTheBera's response on the Berachain's Secret Investor Refund Right story https://t.co/aofq5GYHF9
Imagine a bank powered by Bitcoin. https://t.co/svrtfbuX2y
Steve Ehrlich (@Steven_Ehrlich ) is live with Jack Kubinec ( @whosknave ) discussing the Berachain secret investor refund right story. https://t.co/OJiKfdPiHV
@codephobic @Uniswap We would not put a $15.5m bounty on bugs in unaudited code
@epochzer0 @miroyato @fileverse Guerrilla interoperability is the "chaotic" version of the thing that Harberger taxes are the "lawful" version of. (CC @glenweyl )
Be Your Own Swiss Bank. Templar is enabling lending to borrow against native $ZEC without trusting Centralized Intermediaries. Zypher Lending is NEAR. nillions
@cemozer_ 128bits security is the standard in the space (and outside the space). 64bits security it’s just not safe.
Basically crypto influencers in a nutshell https://t.co/cf8FCgxQEd
We've had the fortune to host a podcast with @SergeyNazarov in New York, during @chainlink's Smartcon! Basically; we have no clue what's yet to come in this cycle. Sergey explains why, and how, with @chainlink. Watch the...
Crypto things you might have missed: -$1.7T giant says $XRP is foundational to finance -SOL ETFs log 20 consecutive days of net inflows -Bullish $HBAR news from Coinbase -Rollover your IRA to a crypto IRA with @iTrustCapital JOIN THE DAILY 10:30 AM LIVESTREAM ON...
This aged well. You didn’t need to buy Bitcoin treasury company equity, but you were greedy. You just needed to buy Bitcoin.
Very keen to be seeing what #Bitcoin will do at these levels. Losing $85.5K could potentially give a retest at the $80.8-82K areas. Holding here = target zone of $90-92K in the coming days. To me; lower timeframe crucial zone...
Minimmit will help power fast finality with even faster blocks on Tempo Congrats to @_patrickogrady and team on the paper https://t.co/ORWV0y24L3
@gideonheilpern2 We could bounce back to 100k before hand… anything is possible
It's great to see more clearly regulated stablecoins coming online; we're excited to have QCAD as a Day 1 currency launching on @arc
"Bitcoin is inevitable. It's when, not if." https://t.co/UkzmxHB5Bp
@BAT0SHI @NikoJilch Bitcoin + a future version of Djed + Midnight/Hydra would definitely fix it
Something that replicates the functionality of a central bank, but without the centralized control of a nation-state. Instead, it's an emergent, self-evolving, and resilient protocol. In other words, sound money that cannot be evil nor influenced by politics to the detriment...
@zooko No trusted setup. We are using STARKs . We have also an optional PLONK/FFLONK wrapper that uses universal setup.
I see a lot of people praying for bitcoin to drop to $50,000 so they can "go all in" I actually think 50k bitcoin is possible, however... If it drops to those prices, most of you would be too terrified to buy!
"I think Ethereum and Zcash are very much philosophically aligned, especially this privacy part of Ethereum community" - Oskar Thorén discussing ETH privacy https://t.co/aofq5GY9PB
@jbaylina Is it trustless/no-trusted-setup/mathematically-verifiable? 😍