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:
By the numbers: Pepeto raises $7M in token presale

Bitcoin rebounded to roughly $106,500, up about 4% in 24 hours, while its market dominance slipped to 59.1% as altcoins such as XRP, XLM and HBAR posted double‑digit gains. Total value locked in DeFi climbed to $142.8 billion, driven by 20% jumps in Starknet Bridge and Suilend inflows. The rally is tied to the U.S. announcement of a $2,000 tariff‑related dividend for citizens, lifting the CoinMarketCap altcoin‑season indicator to 34 and spurring retail enthusiasm. Meanwhile, derivatives show mixed signals – puts dominate BTC options, calls are premium on ETH, and open interest rose for several tokens, highlighting a divergence between spot strength and futures positioning.
lowercase snarks Words like laser, scuba, radar began uppercase. LASER — Light Amplification by Stimulated Emission of Radiation SCUBA — Self-Contained Underwater Breathing Apparatus RADAR — RAdio Detection And Ranging When a technology matures and becomes reliable, trusted, commoditised, it earns the lowercase. Lean Ethereum...

In today’s Unchained Daily: • 💥 Bitcoin bounces to $106K after 40-day gridlock ends • 🏦 Fed governor thinks stablecoins might push rates lower • 💳 Trump wants to hand out $2K checks from tariffs – bullish? • 🧍 CZ says “no ties”...

Bitcoin surged past $106,000 on Monday, retaking the 365‑day moving average near $102,444, while a CME futures gap around $104,170 hints at a possible short‑term pullback. The rally lifted crypto‑related and AI‑linked equities in pre‑market trading, with Galaxy Digital up...
In today's Unchained Daily: • Bitcoin bounces to $106K after 40-day gridlock ends • Fed governor thinks stablecoins might push rates lower • Trump wants to hand out $2K checks from tariffs – bullish? • 留 CZ says "no ties"...
Enjoyed my conversation with Alex Thorn of Galaxy Research on his Galaxy Brains discussing our US plans and why we are so positive on the future of Altcoins and tokenization in general! and for disclosure: Galaxy Digital holds a financial...

Jim Chanos ended an 11‑month short on Strategy (MSTR) after the company’s multiple net‑asset‑value (mNAV) compressed from 2.5× to 1.23×, erasing the premium that once justified his bet. The move comes as other bitcoin‑treasury firms such as Metaplanet and KindlyMD...

We have a very interesting trading contest in @CoinDCX’s Web3 mode: > DYOR, trade in Web3 mode > Earn assured meme coin airdrops. > Also stand a chance to win a PS5. If you haven’t explored Web3 mode yet, do try it out and...
I'm getting constant questions on my #Altcoin portfolio. 'You're a fool, why aren't you selling your positions?' Well, I'm not. I'm writing my thesis on my investment theory, and it remains the same. If it shifts, I'll make a video about the...

In this episode, Iggy Ioppe, CIO of Theo, explores the merging of traditional finance and crypto, emphasizing that high‑speed traders now dominate Wall Street and that tokenizing assets alone isn’t enough without robust spot‑market liquidity. He discusses current trends in...
Worse case scenario for Bitcoin at this point in the cycle? We discuss scenarios in more detail in the video. 🚀Follow @rektcapital for more level-headed insights on Bitcoin

Right now, millions of people are using digital dollars across the global. Adoption of stablecoins is here and growing fast.

Zenrock launched zenZEC, a wrapped Zcash token on Solana, and it has generated roughly $15 million in trading volume since its Oct. 31 debut. The token combines Zcash’s zero‑knowledge privacy with Solana’s high‑speed, low‑cost infrastructure, using Zenrock’s decentralized multi‑party computation (MPC) network...

Crucial resistance coming up for #Bitcoin. The government shutdown is nearly over, which would be an ideal signal for the markets to turn back into bull mode. To be honest, if $BTC breaks through $110K, we'll likely see a rally towards...

Ledger, the French maker of cryptocurrency hardware wallets that safeguards roughly $100 billion in bitcoin, is weighing a New York initial public offering or a private financing round next year, according to the Financial Times. CEO Pascal Gauthier said he is spending...

CoinDCX Monthly Transparency Report: October 2025 As we have been doing every month for over a year, I am happy to share our monthly transparency report. It includes: -> Proof of Reserves (PoR) -> New developments at CoinDCX -> Monthly Spot Trading Volume -> Top...

If First Brands had tokenized its receivables, it would have been much harder to double-pledge assets and defraud lenders One of the biggest advantages of tokenization is the increased transparency it brings to corporate activity Tokenize everything, and we gain the ability...

Bitcoin surged 4.2% to $106,269 and Ethereum jumped 7.4% to $3,643 after a bipartisan Senate funding deal raised odds that the U.S. government shutdown will end by mid‑week, according to Polymarket. The market’s perception of a shutdown resolution flipped from...
In bullish altcoin conditions a lot can happen You can turn a $5,000 account into a $50,000 account Don't get greedy and don't think you need large capital to make nice gains Many people will go too big and end up just...
ZK is for scaling blockchain ZK is for privacy on blockchain ZK is for not letting anyone else control you
Big bounce across the crypto market Here's my updated analysis + setups for how I'm trading it. Watch now: https://t.co/ySNJvaehh2

$344.84M HAS BEE WIPED OUT IN CRYPTO LIQUIDATIONS OVER THE PAST 24 HOURS! 👀 LONGS: $79.97M SHORTS: $264.87M https://t.co/r2tcHTicp3

$ETH is on a crucial level of support. I think we'll hold up here, break the lower timeframe resistance at 0.03450, and start to rally towards 0.045. $ETH to outperform $BTC. https://t.co/a1vzhMGYq4

BREAKING 🚨 THE TRADER WHO CALLED THE OCT 10 CRASH IS NOW UP $6.8M IN UNREALIZED PROFIT! 🚀 https://t.co/m5VVXEibMf
Excellent explanation on what makes Starknet unique. In reply to the question 'but isn't ZK complicated?', I would add that developers don't need to deep dive into all the complex ZK stuff. Cairo does it for them.
The gateway to Bitcoin defi is coming soon! read this to level up fast on what they are doing!

BULLISH 🚨 THE CRYPTO MARKET CAP SURGES BY $150 BILLION IN A SINGLE DAY! TOTAL NOW OVER $4 TRILLION! 🚀 https://t.co/Jsu3BM8AyY

It's claim day again! With @Phemex_Official’s BTC Vault: • Earn weekly BTC (up to 15% APY) • No lock-up, stay liquid • Claim every Monday Exclusive via my link 👇 👉 https://t.co/y6m83TWX6j Crypto trading is high risk. Capital at risk. T&Cs apply. https://t.co/UUG6ifBkje
What a weekly candle close. Are we ready for a green week on the markets?

BREAKING 🚨 CFTC CHAIRMAN APPROVES BITCOIN TRADING ON U.S. EXCHANGES! https://t.co/JqFYCI1lhh
“People are not rational. They are rationalizing. Once you understand this simple fact, all the oddest human behavior will suddenly make way more sense.” - Co-Creator of Dogecoin (Billy Markus)
Bitcoin Reclaims the 50W Moving Average https://t.co/sfins43gdS
I've said this before but most people will perform better in bullish altcoin conditions by diversifying smaller amounts across multiple altcoins rather than heavy size in 1 to 2 Emotions, selling early, panic selling small dips & pump chasing are all...
Satoshi went on to create proof of history and 400ms optimistic confirmations for solana’s TowerBFT. Of course she did a much better job covering her tracks the second time around.
#Bitcoin key weekly support level HELD last week. Sellers were unable to force a close below. Uptrend maintained as long as price stays above that level on a closing basis.
Zcash haters are demonstrating the value and importance of Zcash.
I created Litecoin as a fun side project in 2011. 14 years later, institutions are adding it to their balance sheets and can access it through traditional markets. Wild to think that it will outlive me. Thanks @AndrewAsksHow for having me!
> The consensus was the future of Bitcoin adoption will be built on Lightning. This surprised me a bit. I think people really underestimate how fundamental an advancement HTLCs are. We will probably still be using HTLCs in 100 years (or...
🎙️ What questions do you have about privacy coins? 🎭 And which ones are you most interested in? 👇

USG is back doing what it does best, printing money and handing out goodies. $BTC and $ZEC 2 da moon! https://t.co/yNoNST8NzX

Bitcoin managed to close above the 50W SMA https://t.co/cBa0VlNtai

Bitcoin Dominance has gone up 8 weeks in a row. And yet every week, people act like its crashing https://t.co/EjlvDkTpaY
I am looking forward to explaining @ARKInvest’s #bitcoin price target at @official_cantor fitzgerald’s crypto conference this week. While stablecoins are usurping one of the roles we expected #BTC to play in emerging markets, its role as a store of value...
#Bitcoin 4H bull break.

If you listen to the mainstream media you will miss out on the world's greatest opportunities. On April 3, 2013, when 1 bitcoin was worth $138 dollars, the FT said bitcoin was on its way to becoming the next bubble,...

$DCR Decred has followed through on a setup shared in the Hall of Fame Pro over a year ago Rallied +140% across the Range & broke out from it for a +500% rally overall Decred took time but maybe the upside...
This attitude is very wrong. The EU can do sting operations to enforce this. If they do this, it will crush retail acceptance of Bitcoin in the EU, and among all companies with EU exposure. "Cypherpunks write code" is an idiotic ideology....
Check out my interview with @CryptoKid where we talk about Bitcoin for the rest of this year and what 2026 likely has in store
“For cypherpunks, all bytes are equal and we welcome anyone to contribute to our anonymity sets and to our economic strength.”
Driving lower block times with SPICE on @NEARProtocol