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:

A community director at the advocacy organization Stand With Crypto said US lawmakers’ voting records on a pending market structure bill could impact their reelection chances.
New data from Chainalysis and TRM Labs shows illicit activity on CEXs has fallen sharply since early 2023. Binance is at the front of that improvement, recording the lowest illicit-exposure levels and reducing its own exposure by more than 96%. Both firms’...

A handful of XRP ETFs could launch this week, leading traders to predict the start of a new rally, but the desired bullish momentum is dependent on the altcoin holding above $2.20.
I wanted to put the current sell off in perspective... BTC corrected in 2024 -32%, 2025 -32% and right now is around -28%. This is normal. You've lived it before. SOL corrected -47%, -67% and currently -48%. Sui corrected -69% in 2023, -79%...
Yes, this is a terrible market environment. Yes, it feels like $BTC goes to $25K. Yes, it feels like #Altcoins are completely gone. No, I'm not selling my portfolio and I'm remaining patient. This is the heaviest disconnect I've ever seen...
The blog post reports that Yala Protocol’s Bitcoin-native stablecoin YU sharply de‑pegged on Sunday, falling as low as 55% below its $1 target across all supported networks, prompting a response from the Yala team acknowledging community concerns. It notes that...

Harvard University’s endowment has tripled its holding in BlackRock’s iShares Bitcoin Trust (IBIT) to roughly $443 million, making it the fund’s largest position and signaling strong institutional endorsement for spot Bitcoin ETFs. The move underscores the growing demand for crypto exposure...

The Scaramucci family, via AJ Scaramucci’s Solari Capital, invested over $100 million in American Bitcoin, a Bitcoin mining firm backed by Donald Trump’s sons, as part of a $220 million financing round before the company went public through a reverse merger. The...

Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.

The exchange's 10-year Bitcoin and Ether contracts mimic perpetuals through daily cash adjustments, giving users a regulated way to trade crypto futures in the US.

It's quite clear that #Bitcoin closes the CME gap today. Question is; where are we? Well, if we look at data, then, the fear & greed index can give an impression of the current state of the market comparable to previous...

President Trump granted a full pardon to Binance founder Changpeng Zhao, wiping out his personal criminal conviction but leaving the $4.3 billion Binance has already paid to U.S. agencies untouched. The settlement comprises criminal forfeiture and fines from the DOJ, civil...

Despite a $1 trillion crypto wipeout, a Coinbase executive said Bitcoin’s decline is structural and not bearish since few fundamentals have changed since its September price peak.
$94,000 per $BTC couldn't hold. Therefore, Bitcoin goes in search for a support level (CME gap is an obvious point). The volatility remains high, and, I think we'll find ourselves into a bottom in the first days of this week as...

Figure Technologies’ shares surged up to 15% after billionaire Stanley Druckenmiller disclosed a $77 million stake, roughly 2.1 million shares representing 1.9% of his portfolio. Analysts at Bank of America, Mizhou and Piper Sandler lifted price targets, pointing to the firm’s shift...
Inside me is two wolves. Cypherpunk values are literally the line only defense of humanity left and time is running out. 5, 10 years? In the past the corpo chain opportunity was an illusion and it was easy to ignore to build...

Bitcoin futures flip negative for the first time since March as internal flows surge and the market downturn deepens.
By popular demand, I’m releasing this interview with @mikealfred a day early. We discuss his investment playbook, AI outlook, picking winning stocks, why Bitcoin is the “most important asset in human history” and exactly how he would allocate a $1 million...

🔷Is BTCS the Better BUY??🔥🔥 w/@Charles_BTCS @NasdaqBTCS 📈 WATCH NOW👉https://t.co/6gnuwJyHXg $BTCS $ETH $BTC https://t.co/7Sl8KyYWys

The Trump Organization, in partnership with Saudi developer Dar Global, announced that the Trump International Hotel Maldives will be tokenized, allowing investors to purchase digital shares in the luxury resort during its early development. The resort, slated to open by...
During Liquidations, all asset correlations go to 1.0 During a global margin call, investors don’t sell what they want to sell, they sell what they have to sell Always remember that leverage can never make a bad investment good, but it can,...
The No Intrinsic Value argument against Bitcoin misses the point The value of a monetary network is in its settlement assurances: immutable & final Bitcoin is the first global settlement network for value that doesn't require a trusted third party, that is...
Every form of money in history has eventually failed Failed in that it was replaced by a harder form Livestock to Seashells Seashells to Metals Metals to Gold The logical successor in the Digital Age is Bitcoin It's not a scheme, it's Monetary Darwinism Adapt or Die
> Indeed, given the current staggering rate of hardware progress, I now think it’s a live possibility that we’ll have a fault-tolerant quantum computer running Shor’s algorithm before the next US presidential election. – Scott Aaronson (11/13/25)

While I think Bitcoin will go to the 200W SMA ($60k-$70k) in 2026, there is a high probability it will have a bounce back to the 200D SMA before going that low. All prior cycle bear markets were confirmed by...
These will continue to compute proof of history even after the alpenglow update
There are TWENTY TICKETS LEFT to the Bankless Summit! After that, the Summit is SOLD OUT

I think Bitcoin has a date with destiny (200 week moving average) in 2026, probably around $60k-$70k. https://t.co/O5YsNjCuri
This is important! There are two parts to how the Zcash community governs the use of Dev Funds money. This is one of them: a 5-person committee that decides how to spend 8% of the Zcash issuance. Please read.
How many of you don’t pay your crypto taxes and thought you would get away with it? It may be crime season for some of you, but you always have to pay your taxes.
🚨 Markets crashing again. 📉 BTC at $92k 📉 ETH at $3k 📉 SOL at $129 @bitsandbips breaks down what’s happening. We’re live — come bring your Qs! 🎙️📊 https://t.co/OHNrc1ywpH

Top Goon X nailed this daily price action on $ETH Buy approaching alert at the April lows and sell approaching alert at the August highs. Epic 😎 https://t.co/BYpc4YOIt3

$RIG Closed for a little profit here. Market pretty shitty overall. Not seeing much buyer momentum anywhere. https://t.co/BMuSNIRAFJ
At 16:30 pm @0xMari0 presents the Aave App at @EFDevcon.

https://t.co/Jk1YC8v9FB

#Bitcoin fractal says sub $85,000 before bounce I don't trade off fractals but it does line up with my TA. Let's see what this week's price action brings. https://t.co/5X724DjaRd

Will crypto market structure legislation ever pass? 🤔 @kkirkbos says not soon, and that the gains regulators have made could easily unravel without it. If you are a Polymarket bettor, be careful! https://t.co/SDdUHpLdVi

$ZEC Is this one going to do the same as $BNB did? Parabola break, one last reversion pump then nuke? https://t.co/JTK1Qv02HJ

The moonshot: from satellites “airdropping” buckets of undeveloped film to blockchains — it’s all about realtime communication https://t.co/cJ4ioM5iUC
every chain is an app chain
dropping some alpha during my talk today in @EFDevcon at 5 pm.
$ZEC VS $XRP WARNING BITCOIN CRASHES YEARLY GAINS WIPED OUT! https://t.co/7HzAyypyUn
We need 1000x growth in users and fees to support the valuation of crypto projects
Kudos to the NEAR and Zashi teams for each doing their part of the engineering to enable easier, safer swaps to ZEC!
Crypto things you might have missed: -Bitcoin yearly gains wiped 2025 VANISH -Tom Lee says ETH is entering a supercycle -@Aigent_Victorai launches Polymarket bot on @hedera -$ZEC flips XRP as most searched token on Coinbase JOIN THE DAILY 10:30 AM LIVESTREAM ON YOUTUBE AND...

$ETH Not really seeing much for weekly support until $2600 area https://t.co/FlnhldQei9
major vibe shift in EF and Ethereum community overall from: “we need to show how counterculture we are, even if it means being ineffective” to “we win when we make everything open and trustable, and we have to be maximally effective to achieve...
The unfortunate truth is many alts are likely to revisit their 10/10 wick lows before this is all said and done.
The wizards created a new inscription standard in honor of BIP-Knotzi. 😂😂😂
Talking about bitcoin and Zcash in Amsterdam, the country that invented the joint-stock company (shareholders with limited liability) and the world's first stock exchange, was epic. Thank you @Treasury_BTC for a great conference. Here's to the Golden Age of crypto...