Bitcoin slips below $84,000 as oil rally on Iranian tanker attacks triggers $487M in long liquidations
A Middle East supply shock drove oil higher and forced leveraged crypto longs out, with layer-2 tokens leading losses while bitcoin held near its 21-day moving
CoinDesk · +3 outlets
Circle, Ripple and Standard Chartered back OKX at a flat $25B valuation in an extension round
The exchange's raise places stablecoin issuers and a major bank among its backers as OKX pushes beyond spot trading into payments and tokenized assets.
Decrypt News · +14 outlets
Ripple expands Brevan Howard relationship with Ripple Prime brokerage, clearing and financing
The $35 billion manager, an investor in Ripple's $500 million raise, will route multi-asset prime brokerage through Ripple's unit.
Cointelegraph · +13 outlets
SEC clears 3x leveraged bitcoin and ether ETFs for trading
The approval widens access to amplified crypto exposure for US brokerage accounts, raising questions about retail risk.
Decrypt News · +14 outlets
NYSE owner ICE joins OKX to launch tokenized US stocks marketplace
The venture would put Nvidia, Tesla and Apple exposure onchain, with the SEC already having cleared a related filing.
CoinDesk · +10 outlets
Ripple expands into Turkey with Garanti BBVA custody and RLUSD rails, targeting a $200B market
Ripple is selling custody and its stablecoin rather than XRP in the inflation-hit market, expanding the RLUSD footprint.
finance.yahoo · +8 outlets
CFTC proposes crypto rules to fill the congressional gap, chair airs frustration with lawmakers
The agency is advancing federal oversight of crypto exchanges without waiting for legislation, though officials acknowledge limits to its authority.
finance.yahoo · +4 outlets
Treasury withdraws proposed $10,000 reporting rule for crypto sent to private wallets and mixing rule
Officials cited a chilling effect on legitimate activity, a win for privacy advocates and self-custody users.
CoinDesk · +14 outlets
Evernorth delays Nasdaq debut of largest public XRP treasury to October 12 on administrative issue
The delayed XRPN listing removes a near-term catalyst traders had been watching as XRP trades near $1.50.
finance.yahoo · +14 outlets
Robinhood adds $25 million of bitcoin to its balance sheet as it deepens crypto push
The move aligns the brokerage with corporate treasury strategies and follows its lead in tokenized equities volume.
The Block · +14 outlets
Ripple treasury mints 30 million RLUSD as XRPL stablecoin supply climbs
The XRP Ledger's stablecoin supply rose about 8% in a week, putting it within $50 million of Avalanche, though the jump reflects one issuer's minting.
finance.yahoo · +8 outlets
Winklevoss group files for Zcash ETF with 0.25% fee and WINK ticker on Nasdaq
A second Zcash ETF filing adds to a broader rotation into privacy coins as bitcoin stalls.
The Block · +8 outlets
Pudgy Penguins' Abstract becomes second Ethereum layer 2 to shut down in a week
The closure adds to consolidation pressure across Ethereum scaling networks competing for users and fees.
CoinDesk · +14 outlets
Solana Foundation unveils institutional settlement program with J.P. Morgan input
The escrow program settles a tokenized trade and its payment atomically, aiming at bank-grade settlement workflows.
finance.yahoo · +14 outlets
CFTC chair names six cryptocurrencies as digital commodities
The classification signal matters for which tokens fall under CFTC rather than SEC oversight.
Yahoo Finance · +14 outlets
Grayscale upgrades XRP ETF so GXRP can use XRP directly for creations and redemptions
In-kind creation for a spot XRP ETF improves the vehicle's operational efficiency versus cash-only settlement.
The Crypto Basic · +4 outlets
US spot bitcoin ETFs shed $90M as BTC trades about 32% below its year-old record high
Outflows reversed two days of inflows with bitcoin below $86,000, a year after its $126,000 peak.
Cointelegraph
Conduit sues Tether over $2.76 million freeze, saying it has no legal entitlement to funds
The suit tests the legal basis for stablecoin issuers freezing balances at law enforcement's request.
The Block