Author: Chris Smith
Funding the Bitcoin Hoard: How Strategy’s Complex Capital Raises Fuel Its $73B BTC Bet
Reading Time: < 1 minuteStrategy continues to execute its aggressive Bitcoin acquisition strategy, adding 220 more BTC for $27 million.
Crypto ETPs See Unprecedented Volume Amid Unprecedented Liquidations
Reading Time: < 1 minuteLast week painted a contradictory picture for digital assets: while the market suffered its largest-ever liquidation event in dollar terms, crypto exchange-traded products (ETPs) saw record-breaking activity.
Geopolitical Shock Triggers Historic $10 Billion Crypto Liquidation Event
Reading Time: < 1 minuteThe cryptocurrency market experienced a historic liquidation event, with nearly $10 billion in positions forcibly closed over a 24-hour period.
Reports Suggest Trump Administration Considering Pardon for Binance Founder CZ
Reading Time: < 1 minuteAccording to sources cited by New York Post columnist Charles Gasparino, the White House is reportedly “leaning toward a pardon” for Changpeng “CZ” Zhao, the founder of Binance.
Solana ETF Approval Looks Likely, But Inflows May Pale Next to Bitcoin and Ether
Reading Time: < 1 minuteThe path for US spot Solana ETFs appears clear, with JPMorgan analysts citing an established CME futures market and a key October 10 deadline.
Bybit Clears Major Hurdle, Secures Full Crypto License in UAE
Reading Time: < 1 minuteBybit has achieved a significant regulatory victory, securing a full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority (SCA).
Gemini Bets on Aussie Crypto Boom, Launches Local Hub to Tap 25% Penetration Rate
Reading Time: < 1 minuteCiting Australia’s “quite significant” crypto penetration rate of 23-25%, US exchange Gemini is making a major expansion push with a new locally registered company.
Crypto Industry Wins Concessions as Bank of England Plans Stablecoin Cap Waivers
Reading Time: < 1 minuteThe Bank of England is set to grant major exemptions to its controversial stablecoin holding limits, a direct response to widespread industry concerns.
BNY Mellon Eyes 24/7 Instant Payments with New Tokenized Deposit Plan
Reading Time: < 1 minuteThe Bank of New York Mellon (BNY Mellon) is weighing a plan to let its clients make payments that settle in seconds, any time of day, by using “tokenized deposits” on a blockchain.
EU Regulator ESMA Seeks Direct Control of Crypto Supervision in Power Consolidation
Reading Time: < 1 minuteThe European Union’s markets watchdog is moving to bring the cryptocurrency sector under its direct control, a significant power grab that would end the current era of national oversight.
Grayscale Unlocks Staking for US Spot Ethereum ETFs in Industry First
Reading Time: < 1 minuteGrayscale is bringing crypto-native utility to traditional finance with the announcement that its spot Ethereum ETFs are the first in the US to enable staking.
UK to Allow Retail Crypto ETNs, But With Strict Safeguards
Reading Time: < 1 minuteThe UK’s financial watchdog is carefully unwinding its crypto restrictions by lifting a ban on retail access to crypto ETNs.
Bitcoin Rallies to $125,700 All-Time High as Government Shutdown Fuels Momentum
Reading Time: < 1 minuteBitcoin achieved a new milestone early Sunday, cresting above $125,000 as its historic “Uptober” performance collides with a crisis of confidence in traditional governance.
Wall Street Embraces the Crypto Clock: CME’s 24/7 Futures Move Legitimizes Non-Stop Trading
Reading Time: < 1 minuteThe CME Group is bringing the “always-on” nature of crypto to the heart of Wall Street.
Shutdown, Gold Rally Fuel Bitcoin’s Push Toward Record Highs
Reading Time: < 1 minuteBitcoin’s march toward $121,000 is being fueled by a confluence of macro factors, including a US government shutdown and a powerful rally in gold.
Nasdaq-Listed Treasury Aims to Shake Up Stablecoin Race with Yield-Giving Token
Reading Time: < 1 minuteThe stablecoin arena is set for a new challenger as Sui Group Holdings unveils a two-pronged strategy.
Swedish MPs Push Bitcoin Reserve to Block CBDC
Reading Time: < 1 minuteTwo members of Sweden’s parliament are making a dual-pronged push for financial innovation.
SEC Issues No-Action Letter Permitting Crypto Custody via State Trust Companies
Reading Time: < 1 minuteThe US Securities and Exchange Commission has clarified that investment advisers may use state-chartered trust companies as qualified custodians for cryptocurrency assets.
EU Draws Battle Lines, Moves to Ban Key Type of Stablecoin
Reading Time: < 1 minuteA top EU financial watchdog is pushing to outlaw a specific class of stablecoins.
Crypto Products See $812M Outflow, But Annual Inflows Remain Robust
Reading Time: < 1 minuteA wave of negative sentiment, isolated primarily to the US, led to $812 million in outflows from crypto investment products last week.
Banks, Brokers Can Now White-Label Binance’s Crypto Engine
Reading Time: < 1 minuteIn a strategic move to capture the institutional market, Binance is offering its full-stack crypto infrastructure as a white-label service.
Kraken Seeks $20 Billion Valuation in Pre-IPO Push
Reading Time: < 1 minuteKraken is aiming for a $20 billion valuation in a new pre-IPO funding round, signaling strong investor confidence in the crypto sector’s resurgence.
Ethereum ETFs Hit With Massive $796 Million Weekly Outflow
Reading Time: < 1 minuteInvestors are pulling capital from Spot Ethereum ETFs at a record pace, with last week’s outflows hitting $795.6 million—the largest since the funds launched.
Hashdex Adds Altcoins to Flagship Fund
Reading Time: < 1 minuteIn a significant boost for crypto investors seeking diversified exposure, Hashdex has added XRP, Solana, and Stellar to its Nasdaq Crypto Index US ETF (NCIQ).
Cloudflare Joins Stablecoin Race with ‘NET Dollar’ as Citi Projects $2 Trillion Market
Reading Time: < 1 minuteWeb infrastructure giant Cloudflare has announced plans to launch a US dollar-pegged stablecoin called “NET Dollar,” entering a market that major financial institutions are increasingly betting on.