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:

Asia’s mid‑cap companies are emerging as a new source of demand for Bitcoin, with Japan’s Metaplanet now holding more than 30,000 BTC and Korea’s Bitplanet launching a supervised, rules‑based accumulation program. These moves follow earlier corporate treasury experiments by firms such as Nexon and Meitu and coincide with recurring billion‑dollar inflows into Bitcoin ETFs, suggesting the region could ultimately absorb up to 30% of the annual new BTC supply.

The stablecoin issuer saw strong growth in the third quarter, reporting a $17 billion increase in circulating USDT and $135 billion exposure to U.S. Treasuries.

Filecoin (FIL) jumped 4.3% to $1.4792, rebounding from Thursday's sharp decline as the broader crypto market rallied. Trading volume spiked to 5.46 million tokens, a 98% increase over the 24‑hour average, confirming strong buying at the $1.41 support level. Technical analysis...

Coinbase reported third‑quarter transaction revenue of $1.05 billion and adjusted EBITDA of $801 million, both beating consensus estimates. While analysts agree the beat was driven by derivatives, subscription services and the Deribit integration, they diverge sharply on outlook: bullish analysts cite expanding...

Coinbase is buying ETH Last quarter Coinbase increased its ETH holdings by $100m. That's 148k ETH worth $617m. ETH and BTC are the two assets Coinbase continues to accumulate for its treasury. This makes sense. The 1st generation of Coinbase was built on bitcoin....

Every time the Treasury General Account (TGA) drains, liquidity flows back into markets, and risk assets pump. Currently, the TGA is climbing because of the U.S. government shutdown. Gov closed = cash piles up Gov reopens = liquidity boost Keep an eye on...

Macquarie upgraded Core Scientific (CORZ) to Outperform from Neutral and lifted its price target to $34, roughly a 90% increase from the prior $18, after the CoreWeave merger collapsed. The failed deal gives the bitcoin‑miner‑turned‑AI‑infrastructure firm flexibility to lease its...

During market corrections, projects are massively mispriced. It will take some time, but then, they'll come back to their fair value. $APT is one of them. They are on the lowest valuation in the past four years, however, they keep expanding...

Nigeria’s fintech leader Flutterwave has partnered with Polygon Labs to launch a stablecoin‑based cross‑border payment network covering 34 African countries. The platform will use Polygon’s Ethereum‑compatible infrastructure to accelerate transaction speed and slash settlement costs, with the aim of bypassing...

Meteora, the dominant liquidity engine on Solana, operates a suite of AMMs—including DLMM, DAMM v2, and a Dynamic Bonding Curve— that routes the majority of the chain’s trading volume and generates continuous fee revenue. The protocol launched its native MET token...

With Ethereum's december upgrade to fusaka Base will be able to scale to 400-500 mgas by early 2026 Base at 10k-20k tps in a few months Wild Actually read the entire Base scaling post This is one of the best and most well funded...

Western Union filed a trademark for “WUUSD” one day after announcing its USDPT stablecoin on the Solana blockchain, covering digital‑wallet software, stablecoin payment processing and crypto‑trading services. The company plans to launch USDPT in early 2026 through Anchorage Digital Bank,...

On Oct. 20 a failure in Amazon’s US‑EAST‑1 region cascaded through the crypto ecosystem, causing degraded service at Coinbase, timeouts at Infura and Alchemy, and stalls in several roll‑up sequencers. The outage did not affect blockchain consensus but exposed the heavy...

Standard Chartered projects the market for tokenized real‑world assets to swell from about $35 billion today to $2 trillion by 2028, with the bulk of that growth expected on Ethereum because of its reliability and network effects. The bank forecasts roughly $750 billion...

Brazil's OranjeBTC, the country's largest bitcoin treasury firm, repurchased 99,600 shares for 1.12 million reais (about $220,000) to narrow the discount between its market price and the net asset value of its 3,708 bitcoin holdings, worth roughly $409 million. The buyback follows...
deep future when we get to the point where an autonomous AI agent can run an ethereum validator we will have crossed a significant milestone ethereum is a property rights system for humans and AI validators are the military AI's joining the army to...

This one remains one of the strongest set-ups. Immediately reversing after the correction yesterday and on edge of a breakout upwards. It's $BTR. I've mentioned it several times, but the #Bitcoin ecosystem is a strong one to be keeping an eye on. I think...
Gold = a 6,000-year bubble? 😳 Ex-Citi Chief Economist Willem Buiter joins @bitsandbips to explain: 💰 Why central banks should sell their gold 🪙 Why he thinks Bitcoin still isn’t money 🏦 Why CBDCs and stablecoins may win the future Timestamps: 💰 0:00 Introduction 🏺 0:28 Is...
The #Altcoin markets crashed massively on October the 10th. Yesterday, we've seen another market correction of more than 10% on the #Altcoins. What is the role of a market maker? Wintermute explains it here: https://t.co/gJWal9m78B
The Bitcoin Whitepaper dropped 17 years ago. It was 2008, hardworking Americans got screwed by the banks, some lost everything. In 2025 the banks are vertically integrating Bitcoin and everything else that gave retail a chance.
Keep up the pace! Spending policy proofs for agents transacting in USDC
Stablecoin and Stablechain Mania https://t.co/Hft0Jyr0U5

JUST IN: Jack Dorsey's Square to offer $50 in $BTC to the first 20,000 merchants to accept Bitcoin. https://t.co/TJX3etNtua
Larry Fink wants to tokenize everything. Therefore, I pay attention to the top RWA crypto projects that will be or are ETFs. It's very simple.
Zillions. Will try to have a ZEC presence at this as much as possible
Fun fact: the bitcoin whitepaper is only 9 pages long. https://t.co/EM9LwpmNkB

$TAO Strong. Hopefully it can finally close above resistance https://t.co/WWSTEtHCfZ

Unchained is live today at 11:30am ET! Tune in as @HadickM and @hexonaut join the show to discuss the continuing stablecoin/stablechain craze 🔥 📺: X, YouTube, PumpFun, Twitch
Developer friendly API that abstracts chains, gas and allows to operate with assets. User friendly app to hold and trade all assets with any wallet provider or PassKey. Growth.
3 business models that work in crypto: * asset issuance * assets under management * volume
🚨 Bitcoin & Burgers 🍔 @fold_app has partnered w/@SteaknShake for new Bitcoin Burger rewards program Customers who purchase a Bitcoin Burger or Bitcoin Meal can redeem their receipt on Fold for $5 in bitcoin while supplies last 🔥 https://t.co/36xmhKO19e
Btw at this point in the cycle I'm waiting for a devastating crash before I start buying again... When I say devastating I mean when people genuinely think crypto cannot recover, its over. Until then, I'm watching closely and sitting tight.
6m tps would run on 40gbps. Firedancer demo last year sustained 1mtps with full global replication on 10gbps links. Not even dual 20s or anything fancy. My grandma has 10gbps at ho me.

𝗝𝗨𝗦𝗧 𝗜𝗡: Treasury Secretary Bessent just met with Singapore Prime Minister to boost adoption of crypto and stablecoins. https://t.co/OnlWmI5DlF

Adjusted VS Non-Adjusted TA levels: When new data comes in, you have to update your levels, as the same levels might not be tradeable anymore. Example👇 https://t.co/S6keNYYBBR

Reached 2025's highest daily payment app volume last week at $72M! More and more growth happening in Latin Amerca with @aveniaio driving $25M in volume in a single day Looking forward to meeting Latin American builders at Money Rails at DevCon Sign up...

17 years ago Satoshi published the Bitcoin white paper and forever changed the way we think about money and solved the double-spend problem. Happy Bitcoin Day 🧡 https://t.co/Dm3Z1Z4Tze

Ethereum will 2x L2 capacity again by January This will be the second 2x since May Shipping. Scaling. Staying decentralized. https://t.co/cWNcBffqeW

Ticket prices go up tonight for Bitcoin Amsterdam! Don’t miss this fantastic conference and the chance to hear Jack Mallers, Tyler & Cameron Winklevoss, Saifedean, Adam Back and many more speakers! Use code HODL for discounted passes. Link in thread. https://t.co/GM5e3SrD9N

Happy 17th Bitcoin white paper anniversary! Undeniably the most consequential money paper ever written in history. https://t.co/r1oAgGl40G

$KARRAT New lows ✅ https://t.co/PzLn1ZbLRw

$PUMP We've seen a lot of altcoins lose 99smma support, pop back above as a deviation and then continue to sell off further. Is PUMP destined for the same? https://t.co/Ijh3M54UUB
Crypto is the payment layer for AI

10 of the last 12 six month #Bitcoin candles have been green. $BTC Perma-bears picked the wrong asset. https://t.co/I29egdobkJ
The markets look heavy. BTC...ETH...BNB...SOL...ZEC... Scanned every coin in my watchlist. Here's where to look if you actually want to make money🧵:
i like that megaeth is building new apps not just copy pasting ethereum defi
17 6,205 148,920 8,935,200 536,112,000 Whether you measure in years, days, hours, minutes or seconds, we are still so very early in Bitcoin time… 🧡 ⏰ 🚀
Question: Can we have both privacy and composability? Could 2 apps be composable if both were private? The answer is: It's not trivial but yes. Or Yes, but it's not trivial (depends on the type of person you are) https://t.co/r3DEiSBBCA
When you understand Ethereum you realize nothing in crypto is close. Other chains are chasing slot times and TPS. Only bitcoin and ethereum are chasing decentralization. And bitcoin has decided (so far) not to upgrade to snarks cryptography and scale. End game bullish.

https://t.co/tziOeqxF8s