Crypto's Half-Finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats
Top crypto executives, including leaders from Coinbase, Chainlink, Uniswap, Kraken and Galaxy Digital, are meeting this week with up to 10 Senate Democrats to try to revive stalled U.S. market‑structure legislation after contentious Democratic draft language and a federal funding impasse slowed progress. Industry leaders say proposed DeFi provisions are unworkable and risk derailing negotiations, and they aim to get talks back on track and maintain open lines with lawmakers. With prior deadlines missed and Senate timelines slipping into 2026, passage of comprehensive crypto rules now appears increasingly unlikely this year, raising uncertainty for firms awaiting clear regulatory guardrails.
Monad’s Fast EVM Chain Promises ‘Night and Day’ Performance Gains
Monad, a new EVM‑compatible layer‑1 gearing up for a token airdrop and mainnet launch, says its reengineered virtual machine can deliver “night and day” performance gains that could rival the fastest blockchains. The team cites four technical levers—parallel execution, asynchronous...
Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources
Blockchain.com has held talks to go public in the U.S. via a SPAC and has appointed Cohen & Company Capital Markets as an adviser, according to sources; the company says it is preparing to be a public company when markets...
Bitcoin Mining Profitability Declined More Than 7% in September: Jefferies
Jefferies said bitcoin mining profitability fell more than 7% in September as a roughly 2% drop in BTC price and a ~9% rise in network hashrate pushed margins lower. Public North American miners produced 3,401 BTC in September (down from...
BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift
BNB climbed 1.4% in 24 hours, trading between about $1,077 and $1,144 during a volatile session that saw volume spike to 128,847 tokens—nearly double the daily average—while bitcoin rose 2.6% and the CoinDesk 20 index gained 2.5%. The rally was...
Wall Street Bank Citi Sees Stablecoins Powering Crypto’s Next Growth Phase
Citi says stablecoins are set to power crypto’s next growth phase, noting they have risen alongside the market after the GENIUS Act and prompting the bank to lift its 2030 digital‑asset market‑cap outlook to $1.9 trillion. The bank finds stablecoins...
Crypto Markets Today: BTC Reclaims $111K, ETH Tops $4K After Last Week’s Sell-Off
Bitcoin and ether rebounded Monday, with BTC trading near $111,000 and ETH back above $4,000 after last week’s $500 billion sell‑off, sparking a broader market lift that drove LINK up 14% and FLOKI 27%. Derivatives flows show persistent bullish conviction—BTC...
Michael Saylor Highlights Yield Gap Between STRF, STRD Preferred Stock Offerings
MicroStrategy Executive Chairman Michael Saylor flagged a widening credit spread between the company’s senior preferred stock STRF—trading above par at $109 with a 9.1% yield—and its junior preferred STRD, trading at $78 with a 12.7% yield, reflecting differing payout priority...
Crypto Traders Eye Major Events to Relieve Market Woes: Crypto Week Ahead
Crypto markets, down after mid‑October liquidations with BTC and ETH below early‑October highs, face a packed calendar this week that could alter momentum. Key catalysts include ETHZilla's 1‑for‑10 reverse split on Oct. 20 and Zilliqa’s major Zilliqa 2.0 hard fork...
XRP Investor Says $3M in XRP Was Stolen; Cold Wallet Maker Says Seed Import Made Wallet Hot
A U.S. retiree says more than $3 million worth of XRP (about 1.21 million tokens) was stolen after his Ellipal hardware‑wallet seed was imported into the company’s mobile app, which Ellipal says would store private keys on the device and...
‘Ether Caught Fire’: ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds
CoinGecko’s Q3 report finds Ethereum led crypto’s recovery as investors rotated capital away from Bitcoin into altcoins, DeFi and tokenized assets, with ETH rising 68.5% to close the quarter at $4,215. The broader market added more than $500 billion in...
Stablecoins' $1 Peg Is a 'Misconception,' Says NYDIG After $500 Billion Market Meltdown
NYDIG’s research head Greg Cipolaro warned that the widely believed $1 peg for stablecoins is a misconception after a $500 billion crypto market sell‑off exposed sharp price swings—most notably Ethena’s USDe briefly trading as low as $0.65 on Binance while...
It’s Time for the Crypto Industry to Take the Threat of AI and Quantum Computing Seriously
Kostas Chalkias warns that AI and looming quantum computing advances pose an existential threat to blockchain integrity, arguing the industry is underestimating risks that could enable stealthy AI-driven attacks or, ultimately, quantum reversal of private keys. He cites research showing...
Bitcoin Price Could Collapse to $70K or Lower as Bull Market Is Over: Elliott Wave Expert
Ledn CIO and Elliott Wave analyst Jon Glover declared Bitcoin’s bull run over after a recent drop from about $126,000 to roughly $104,000, saying the five-wave bullish structure has completed and a sustained bear market could last at least until...
XRP, SOL Break Ahead with Bullish Reset in Sentiment as Bitcoin and Ether Stay Stuck in the Gloom
Options markets are signaling a bullish reset for XRP and Solana as 25‑delta risk reversals on Deribit turned positive across Oct. 31, Nov. 28 and Dec. 26 expiries, with XRP trading around $2.33 and SOL near $186. By contrast, bitcoin...
There Are Three Major Tailwinds for Crypto’s Next Rally, Says Galaxy Digital’s Alex Thorn
Galaxy Digital head of research Alex Thorn says the structural crypto bull market remains intact despite Oct. 10’s sell‑off, citing roughly $19 billion of liquidations as Bitcoin fell from about $126,300 to an intraday low near $107,000 and Ether slid...
Analyst Says He ‘Nibbled’ HYPE Below $34, Eyes $28 Area as Downtrend Persists
Pseudonymous analyst Pentoshi said he took a small spot position in Hyperliquid’s HYPE token under $34, filling roughly 20% of his target and planning to add toward $30–$28 and “go hard” if it falls below $30. He flagged a broader...
Ripple CLO Rejects the Narrative That Crypto Is Just a Tool for 'Crime and Corruption'
Ripple Chief Legal Officer Stuart Alderoty pushed back against recent New York Times pieces in an Oct. 17 X post, calling the portrayal of crypto as primarily a tool for “crime and corruption” “lazy and inaccurate.” He emphasized that public...
'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos
Six wallets tied to crypto hackers panic‑sold 7,816 ETH during the Oct. 10 market crash and then rebought the same amount at higher prices, resulting in roughly $13.4 million in net losses, according to blockchain tracker Lookonchain. The attackers dumped...
'Deploying More Capital — Steady Lads': Bitcoin Treasury Companies Struggle to Halt Plunge
Public companies that hold bitcoin as their treasury asset have seen steep share-price collapses, driven partly by an 11-day bitcoin drop from a Oct. 3 peak above $126,000 to about $106,801.68 and by preexisting investor skepticism. Selected bitcoin-treasury companies have...
Bitcoin-Holding Institutions Seeking Yield, DeFi Capabilities
Institutional holders of Bitcoin are increasingly pursuing Bitcoin-native yield and DeFi capabilities through platforms like Rootstock and Babylon, shifting the narrative from passive “digital gold” to a productive asset. New infrastructure enables staking, restaking and BTC‑backed stablecoins or collateralized products...
State of Crypto: How to Square Decentralized Finance With Regulatory Compliance
At D.C. Fintech Week a panel of industry and regulatory experts debated whether decentralized finance can be made compliant without undermining decentralization, focusing on developers' potential liability and practical tools for risk management. Panelists — including BIS Innovation Hub’s Maha...
Will Interest Payments Make Stablecoins More Interesting?
Global stablecoin rules are converging on requirements for high‑quality reserves, audits and explicit bans on issuers paying interest, but those prohibitions may be porous in practice as exchanges already market “rewards” and users can route coins into DeFi yield instruments....
XRP Stabilizes After Early Dip, Traders Eye $2.40 Breakout
XRP steadied after an early-session dip to $2.19, recovering to about $2.33 as institutional buyers absorbed selling and trading volume spiked to 246.7 million—nearly triple the 24‑hour average. The token traded in a $2.19–$2.35 range (7% intraday) as markets positioned...
Your Company's Balance Sheet Is Doomed Without Bitcoin
In an opinion piece, Musqet founder David Parkinson argues that corporate treasuries must adopt Bitcoin to protect balance sheets from monetary debasement, warning that traditional cash-heavy strategies risk underperformance and potential fiduciary breaches. He notes public companies now hold over...
Stellar Lumen's XLM Token Down 6% Amid Heavy Sell Pressure
Stellar Lumens (XLM) fell about 6.25% to roughly $0.303 amid heavy institutional selling and algorithmic liquidation, with trading volumes spiking to roughly 89–91 million tokens during peak liquidation hours. Analysts say coordinated corporate profit-taking and treasury rebalancing set systematic resistance...
U.S. Fed's Barr Catalogues Dangers to Be Dodged in Future Stablecoin Regulations
Federal Reserve Governor Michael Barr warned regulators and the crypto industry to avoid repeat mistakes as they prepare rules under the new GENIUS Act, flagging run risk from stablecoins redeemable at par but backed by assets that may be questioned...
The Rise and (Mostly) Fall of the PIPE Model in Bitcoin Treasury Strategies
Once touted as a rapid way for public firms to amass bitcoin, the PIPE financing model is facing fresh scrutiny after recent collapses in the market value of firms that used it aggressively. Healthcare-turned-bitcoin treasuries like KindlyMD/Nakomoto and Strive raised...
Crypto for Advisors: Litecoin Explained
CoinDesk’s Crypto for Advisors highlights Litecoin as a resilient, pragmatic crypto asset—trading at about $92.51 and serving as “silver” to Bitcoin’s gold—built in 2011 as a faster, lower-fee fork of Bitcoin. Key technical differentiators include a 2.5-minute block time, 84...
Andreessen Horowitz’s A16z Invests $50M in Solana Staking Protocol Jito
Andreessen Horowitz’s a16z crypto led a $50 million private token sale into Jito Foundation to fund expansion of its Solana staking protocol and validator technology. The funding will bankroll open-source infrastructure, developer tools and liquid staking products—JitoSOL has a market...
MoonPay Launches Unified Crypto Payments Platform 'MoonPay Commerce'
MoonPay launched MoonPay Commerce, a unified crypto payments platform that folds Helio’s checkout tech into MoonPay’s offerings and is already used by more than 6,000 businesses including Shopify, the Solana Foundation, Ledger and CoinMarketCap. The platform powers Solana Pay on...
How Deep Could BTC Crash If Bulls Fail to Defend $107K–$110K Support Zone?
Bitcoin is perched just above a critical $107,000–$110,000 support zone around the $111,700 mark, and analysts warn that failure to hold that band could trigger a sharp sell-off and volatile price swings. A break below the zone would likely force...
Bitcoin Treasury Companies Should Lean Into the Lightning Network
Voltage executive Bobby Shell argues that corporate Bitcoin treasuries should shift from passive holdings to active use on the Lightning Network, deploying idle BTC into liquidity channels to earn native, noncustodial yield via routing fees and transaction-volume rewards. The move...
The Protocol: Monad Airdrop Portal Opens as Token Launch Nears
The Monad protocol opened its airdrop portal as it prepares for an imminent token launch, enabling users to claim allocations ahead of distribution and signaling a key milestone in its rollout. The announcement comes alongside broader crypto infrastructure updates—Ethereum’s Sepolia...
SoloTex Set to Bring Tokenized Stocks to U.S. Retail Traders With FINRA Green Light
SoloTex, a platform built by Texture Capital and Sologenic, has secured FINRA approval to offer tokenized, on‑chain stock ownership to U.S. retail investors, executives said. The move aims to let retail users hold real digital representations of equities on blockchain...
Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet
Bitcoin miner stocks rallied as BlackRock, Nvidia and Microsoft joined a roughly $40 billion investment to build AI data centers, marking the first deployment by the newly formed Artificial Intelligence Infrastructure Partnership. The move is part of a broader plan...
Analysis: DATs Keep Buying Bitcoin, Outperforming ETFs Is the Hard Part
Digital Asset Treasuries (DATs) continue to accumulate bitcoin but have largely failed to outperform holding spot BTC or ETF products, with most corporate treasuries—including MicroStrategy and GameStop—lagging Bitcoin’s roughly 23% year-to-date gain. Only a few outliers, such as Twenty One...
Coinbase to Increase Investment in One of India’s Largest Crypto Exchanges
Coinbase has agreed to invest in CoinDCX, one of India’s largest crypto exchanges, in a deal that values the company at $2.45 billion post-money and remains subject to regulatory approvals. CoinDCX reported July 2025 annualized group revenue of 11.79 billion...
The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says
A sudden crypto sell-off that saw Bitcoin tumble from about $122,000 to $103,000 and a brief USDe depeg to $0.65 on Binance triggered widespread altcoin losses, but Finery Markets says over-the-counter (OTC) desks absorbed much of the shock. The firm...
Stripe's Bridge Applies for National Bank Trust Charter to Expand Stablecoin Business
Bridge, the stablecoin infrastructure firm acquired by Stripe, has applied for a national bank trust charter from the U.S. Office of the Comptroller of the Currency, a move aimed at enhancing its regulatory framework to support the burgeoning stablecoin market....
U.S. Targets Cambodian Pig Butchering, Takes $14B in Bitcoin as Biggest Ever Seizure
U.S. authorities have launched a major crackdown on the Prince Group, a Cambodian conglomerate linked to forced-labor scams, including notorious "pig butchering" schemes that defraud Americans. The Justice Department has indicted the group's leader, Chen Zhi, for money laundering and...
Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins
Citigroup CEO Jane Fraser has endorsed tokenized deposits as the future cornerstone of digital finance, arguing they offer superior infrastructure and compliance advantages over stablecoins. Speaking during the bank's third-quarter earnings call, Fraser highlighted that Citi's tokenized services can now...
XLM Suffers Massive Sell-Off on Heavy Volume Spike
Stellar's XLM token experienced a significant sell-off, plunging 8% from $0.36 to $0.33 on October 14, 2025, amid a spike in trading volume to 63.1 million tokens, surpassing its 24-hour average of 36.85 million. The decline intensified after XLM broke...
Monad Opens Airdrop Portal Ahead of Token Launch
Monad Foundation has launched its airdrop portal ahead of the highly anticipated MON token launch, allowing users to verify eligibility until November 3, 2025. The initiative targets approximately 230,500 individuals, including 5,500 core community members and 225,000 broader crypto users,...
CoinDesk 20 Performance Update: Index Plunges 6.2% as All Constituents Trade Lower
The CoinDesk 20 Index has experienced a significant decline of 6.2%, dropping to 3683.7 as of Monday afternoon, with all constituent cryptocurrencies trading lower. Bitcoin fell 3.9% and Bitcoin Cash dropped 5.6%, while NEAR and SUI were notable laggards, decreasing...
Is Elon Musk Getting Interested in Bitcoin Again?
Elon Musk has reignited interest in Bitcoin, suggesting a renewed focus on its energy-based value during a recent online discussion. This comes after Tesla's significant $1.5 billion investment in Bitcoin in 2021, followed by a withdrawal from accepting it as...
Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein
Circle, the issuer of the USDC stablecoin, is projected to maintain profitability despite potential revenue pressures from declining U.S. interest rates, according to Bernstein. The firm estimates a 9% revenue drop for every 25 basis points cut, yet anticipates robust...
Asia Morning Briefing: China Renaissance’s BNB Treasury Highlights a Shift in Asia’s Crypto Playbook
China Renaissance's Enflux has announced a $600 million initiative focusing on infrastructure tokens, signaling a strategic pivot in Asia's cryptocurrency landscape. This move highlights a growing preference among Asian investors for assets that facilitate transaction efficiency rather than traditional store-of-value...
Investment Bank China Renaissance Plans $600M BNB Treasury With YZi Labs: Bloomberg
The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.
Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation
The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.