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:

In this episode, Saneel Sreeni of the Ritual Foundation breaks down the post‑crash L1 landscape, explaining why most layer‑1 chains will consolidate and how Ritual aims to become the sovereign execution layer for AI‑driven on‑chain decisions. He connects AI advancements to crypto by detailing the Infernet protocol, the role of “bids” in decentralized options trading, and the broader vision of AI‑powered execution. The conversation also touches on the market crash recap, the integration of AI with on‑chain governance, and the future of crypto infrastructure.

Bunni DEX announced it will re-license its v2 smart contracts from a restrictive Business Source License to the permissive MIT license, effectively opening its full feature set to developers. The move removes prior usage restrictions and has drawn praise from...

Bitcoin, Ripple, Solana and Cardano traded flat after Google announced a quantum computing breakthrough, reviving long‑standing fears that such advances could undermine cryptocurrency security. The muted price action comes as October looks set to deliver the weakest gains for investors...
Saying the obvious. Most people “in crypto” know this, most people “not in crypto” may not understand yet. Tokenizing gold is NOT “on chain” gold. It’s tokenizing that you trust some third party will give you gold at some later...

Bitfinex analysts warn that apathy toward Bitcoin ETFs—marked by a lack of sustained inflows—is putting pressure on a key Bitcoin support level and creating “demand-side fragility.” The absence of steady ETF-backed buying risks weakening order books and could make BTC...

WazirX said it will resume trading on Friday after a year-long shutdown triggered by a $230 million security breach that froze assets and halted withdrawals, marking the final step in a recovery process. The restart follows extensive remediation and controls...

Bitcoin miners have increased debt by roughly 500% to $12.7 billion as they borrow heavily to buy new mining rigs and invest in AI infrastructure to compete in the global hashrate race. The surge in leverage reflects a capital-intensive push...

A widely watched Bitcoin volume indicator — dubbed the “grand daddy” of volume gauges — has fallen to its weakest level since April, suggesting dwindling trading conviction and raising the risk of a corrective sell-off that could push Bitcoin below...

ARK Invest-backed Quantum Solutions has become the largest Ether treasury holder outside the United States, signaling a major institutional accumulation of ETH. The firm has set an ambitious 100,000 ETH treasury target, underscoring a strategic bet on Ether as a...

XRP’s price action has narrowed into a tight range between $2.33 and $2.44, with traders monitoring a breakout above $2.41 or a drop below $2.33 to define the next directional move. The contraction signals building volatility and a likely sharp...

Dogecoin is testing $0.19 support while price has remained range-bound, but traders note rising volume diverging from flat price as a classic accumulation signal. That divergence often precedes a volatility expansion within 24–48 hours, suggesting a near-term breakout—either a bullish...

There are ~716M global crypto owners currently, and based on current trends I believe we will have 1 billion crypto owners by end of 2028! But only 40-70M of crypto's 716M global owners are monthly active users transacting onchain. This massive...

Solana decentralized exchange Jupiter has launched a beta predictions market built with CFTC-regulated Kalshi, allowing users to wager on real-world outcomes as it tests the new product. The beta is currently live on Jupiter’s platform with a planned full rollout...

Crypto analysts warned Bitcoin could undergo a “final flush” down to roughly $104,000 — near its 50-week moving average — before resuming a broader bull market, citing elevated leverage and historical support dynamics. The prospective pullback is framed as a...
Ocean Protocol faces backlash after allegedly dumping $120 million in Fetch.ai tokens following its ASI Alliance exit, prompting public accusations and legal threats. https://lnkd.in/ee2DM4ZJ
Kadena's collapse underscores how even veteran-led blockchains can falter in tough markets, with its token plunging 84% after operations were halted. https://lnkd.in/eKEVxu6C

T. Rowe Price, the $1.8 trillion asset manager, filed to list its first US-listed Active Crypto ETF, marking the firm's initial formal entry into the crypto ETF market. The unexpected move by a long-established legacy manager underscores growing institutional interest...

Galaxy Digital CEO Mike Novogratz said it would take “crazy stuff” for Bitcoin to reach $250,000 by year-end, casting doubt on bullish predictions from other high-profile advocates. His comments contrast a cohort of optimists who cite strong institutional demand and...

Ethereum Layer‑2 project MegaETH announced a community-led raise via Sonar with an English auction starting at $1 million and capped at $999 million, timed with the launch of MEGA pre‑market perpetuals on Hyperliquid. The pre‑market briefly implied a $6 billion...

A new report finds many young Australians say their biggest financial regret is not buying Bitcoin when it traded around US$400 a decade ago, believing crypto gains could have significantly accelerated their property purchases. Respondents say missed crypto returns left...

XRP PRICE LAGGING BUT VOLUME SUGGESTS INTITUTIONS ARE ACCUMULATING?! 10/22/2025 #cryptocurrency #crypto #hedera #xrp #xrpcommunity #cryptowendyo #bitcoin #ethereum #solana #wendy #hedera #hbar #avax #bnb
Really like where this is going AI is scaling fast, but without verifiable compute it’s hard to trust the outputs. EigenCloud are tackling that exact problem. Cool to see it recognised in the @a16zcrypto State of Crypto report

The episode examines swirling rumors that Ethereum’s founders are selling their holdings, questioning whether a major price dump is imminent or merely FUD and market manipulation. It highlights the broader stress on altcoins and explores how traders might profit amid...

BINANCE FOUNDER CZ SAYS “TOKENISING GOLD IS NOT ‘ON CHAIN’ GOLD.” https://t.co/5UljI9fU3W
TUCKER CARLSON BELIEVES THE CIA PLAYED A ROLL IN THE CREATION OF BITCOIN PERSONALLY I DON’T THINK THIS THEORY IS STUPID IN THE SLIGHTEST https://t.co/U9NZf4tUfG

Infrastructure provider Primev announced a “FAST RPC” that enables Ethereum mainnet transfers to reach effective block times as low as ~200 milliseconds by issuing millisecond-scale preconfirmations. The RPC preconfirms transactions before final inclusion in blocks, cutting user-facing latency from seconds...
Bitcoin Bull Market Support Band https://t.co/mr7f0vrTNU

UPDATE 🚨 TOKYO-LISTED QUANTUM SOLUTIONS ANNOUNCES IT BOUGHT 2,365 $ETH IN JUST 7 DAYS, MAKING IT JAPAN’S LARGEST ETH TREASURY COMPANY! https://t.co/KzKqvjE0lY

Citadel founder Ken Griffin and Citadel disclosed multimillion-dollar stakes in DeFi Development Corp., a treasury company tied to the Solana blockchain, marking a notable institutional bet on Solana-linked assets. The filings show sizable investments by one of Wall Street’s largest...

BREAKING 🚨 STANDARD CHARTERED PREDICTS BITCOIN MAY DIP BELOW $100K THIS WEEKEND, BUT IT’LL BE BRIEF, PROBABLY THE LAST TIME $BTC IS UNDER $100K! 👀 https://t.co/E9A1R6U2rY

We've been getting a lot of questions about bulk orders for schools, non-profits and companies for Bitcoin is for Everyone. Bulk orders can be purchased here for a significant discount: https://t.co/KoK8mXsO9Q Thank you all so much for your interest in...

Senators led by Banking Committee Chair Tim Scott introduced the STREAMLINE Act to modernize the 1970 Bank Secrecy Act by raising reporting thresholds — boosting the Currency Transaction Report trigger to $30,000 from $10,000 and lifting Suspicious Activity Report bands...
Solana did it first

POLYMARKET NOW SUPPORTS $BNB DEPOSITS AND WITHDRAWALS ON ITS PLATFORM! https://t.co/nvuGpzsbFC

In this episode the host warns that XRP may be on the brink of a 50% price collapse, citing technical indicators, regulatory pressures, and broader market weakness as warning signs. The discussion expands to highlight systemic risks facing major altcoins,...
If you think knowing who created Bitcoin matters, you don’t understand it. Bitcoin is open source. Nobody has special rights, and everyone can verify that. It doesn’t matter who created Bitcoin. Bitcoin is neutral technology, like math. Who invented math, @TuckerCarlson?
Three months into the DAT revolution, we’re happy to support Japan’s first institutional-grade ETH DAT. Expanding access to innovation in global capital markets is key — thrilled to do this alongside @Quantum_SKK2338 and @FrancisBZhou.

A $654 million ETH transfer by the Ethereum Foundation this week set off a governance storm, prompting scrutiny of developer pay and transparency and culminating in the public resignation of core developer Péter Szilágyi. The turmoil has intensified criticism of...

VANECK SAYS OCTOBER'S BITCOIN PULLBACK IS A MID-CYCLE RESET, NOT A BEAR MARKET! Leverage has normalised, on-chain activity is rising, and liquidity continues driving the cycle! https://t.co/RNmcnB6BB1
Early success for Kraken’s Tydro market powered by @aave. Higher.
The government shutdown has halted the drain of the TGA + No RRP to drain > Less liquidity (temporarily) > sloppy crypto as the pointy end of the liquidity spear. This too shall pass.. If you don't understand best ask @grok...
Real Bitcoin on @spark > wrapped Bitcoin.
This is a damn good thread. Really glad Harsh is studying this stuff, since he's interested in Zcash consensus protocol upgrades.
Defi does NOT have KYC. Defi can have disclosures.
Banks take custody. Crypto neobanks give it back. On Unchained, Itamar Lesuisse & Mike Silagadze join to discuss: Credit without credit scores How crypto neobanks allow your cash to earn 10%+ Onchain FX as the next big market https://lnkd.in/ex5_axSh
Basically markets continue to fumble until the next big macroeconomic event comes in: CPI. That's going to provide a direction of the markets of #Bitcoin, and also what we could expect from the FED. #Altcoins are down 20-40% on the month,...
It is nonsensical to debate the merits of this technology based on crypto asset price movements. This tech works. It will be deployed at scale. Price is a derivative of that. That’s how early we are. Invert.
CT getting bearish crypto when there hasn't been a huge move down is confirmation that market is in exhaustion phase https://t.co/JgzaYXYM9K
Let's share some alpha and give some money away... shall we? https://t.co/vDyVoomuic
A VC told me "you can only innovate 1 thing", challenge accepted. The reason every article on Flying Tulip is so long is that we are innovating on; lending, trading, derivatives, stablecoins, insurance, and even yield. Time to deliver on...