Bitcoin sits just above $80,000 as AI-led selloff and hotter inflation hit risk assets
September CPI came in above forecasts while AI and Asian equities sold off, with South Korea's Kospi down 8% and nearly $1 billion in crypto bets liquidated.
Coindesk · +4 outlets
Strive buys 3,311 or 2,822 BTC, edging past MARA in corporate treasury rankings
Strive's roughly $235M to $280M bitcoin purchase, funded partly by $369M in warrant exercises, moves it up the corporate holder rankings.
Theblock · +14 outlets
EBA designates Circle's USDC as EU's first 'significant' e-money token
The designation brings dual supervision of Circle's EU issuer with new supervisory responsibilities starting Nov. 12.
Theblock · +12 outlets
Strive launches 15% SATS preferred stock IPO to raise $500 million for bitcoin
The preferred offering carries a 15% dividend and ranks junior to Strive's existing SATA series, funding further bitcoin accumulation.
Traders Union · +14 outlets
Kraken parent Payward to buy Lithuania's Saldo Bank in push into deposits and lending
The deal would make Payward the first crypto firm to acquire an EU bank, securing a licensed deposit and lending footprint.
Coindesk · +14 outlets
Evernorth taps Ripple, Kraken, Coinbase and BitGo for $473M XRP treasury
After its Nasdaq debut, Evernorth plans a phased move into XRP lending and yield strategies with several institutional partners.
Theblock · +14 outlets
Hex and PulseChain founder Richard Heart detained in Istanbul, Turkish media report
Reports say police seized $4 million in cash and 64 luxury watches during a raid; police have yet to confirm the detention.
Coindesk · +14 outlets
Metaplanet unveils $380 million buyback after shares crash nearly 90% from peak
The buyback follows a steep share decline and comes as the bitcoin treasury firm's strategy draws scrutiny.
CryptoSlate · +5 outlets
Solana sets Oct. 21 for Alpenglow upgrade targeting 99% faster finality
The mainnet plan calls for a live consensus replacement with roughly 150ms finality and a coordinated validator handoff.
Cryptoslate · +3 outlets
Michael Saylor says bitcoin has bottomed, predicts return above $100,000
The Strategy chairman called the bull market underway in Bloomberg TV remarks, also addressing a potential MSCI index removal.
finance.yahoo · +14 outlets
Strategy buys 250 BTC for $21.5M, total holdings reach record 848,250 BTC
The small purchase coincided with a $192.4M repurchase of STRC preferred stock and analyst debate over its preferred-share financing approach.
CryptoNinjas · +13 outlets
Patrick Witt exits White House crypto adviser role as Clarity Act stalls
The departure marks another leadership shift in the administration's crypto policy team amid stalled market structure legislation.
Theblock · +14 outlets
Standard Chartered pushes $2 trillion stablecoin forecast to 2030 as supply growth stalls
The bank revised its earlier 2028 timeline because stablecoin supply growth has slowed this year.
Theblock · +14 outlets
Kalshi CEO defends prediction markets as insider trading concerns mount
Tarek Mansour said states should not lead oversight of U.S. prediction markets and argued the platforms make bad actors easier to identify.
Theblock · +14 outlets
BlackRock's Fink names AI data-center moratorium as a U.S. recession trigger
The BlackRock CEO voiced alarm over $40 trillion in national debt while tying recession risk to a halt in data center buildouts.
Coindesk · +11 outlets
Hyperliquid founder says U.S. oversight should target platforms, not the blockchain
Jeff Yan told Bloomberg that regulation should apply to firms using the network rather than the underlying protocol.
Coindesk · +11 outlets
Binance shutters bitcoin mining pool after hashrate falls 65%
Computing power directed at Binance Pool fell from 26 EH/s in December to about 9 EH/s, with remaining miners facing a Nov. 10 cutoff.
Coindesk
BNY, Citadel Securities complete first tokenized Treasury repo on major triparty platform
The workflow marks an early institutional use of tokenized assets in core repo settlement infrastructure.
Theblock