Crypto

Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend. Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process. While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently broke a 15-year uptrend, just as ETF adoption accelerated. In this week’s Crypto Biz, we look at Bitcoin whales’ turn toward TradFi, Ripple’s latest public market play, Galaxy Digital’s standout Q3 earn...

CZ refutes Warren’s corruption claims after Trump’s pardon, denying money laundering charges and accusing her of spreading misinformation.

Crypto.com has pursued OCC approval that would bring its Trust and custody services under a National charter, aligning operations with bank supervision across blockchains, ETFs, and institutions while addressing governance and compliance expectations. The post Crypto.com Wants a National Trust Bank License – What Would a Federal License Really Change? appeared first on Cryptonews.

Despite the October flash crash and deleveraging event, Bitcoin traders are in for a record options expiry event at the end of the month. Here's what to expect.

US inflation ticked up to 3.0% year over year in September, and futures markets still price a Federal Reserve rate cut next week. Headline CPI printed 3.0% on the year and 0.3% on the month, while core CPI held at 3.0% year over year and 0.2% month over month. Gasoline rose 4.1% on the month […] The post Inflation to set up Bitcoin melt-up as rates to fall to 2.75% by next October appeared first on CryptoSlate.

DeFi connected to Bitcoin has been reshaped as funding and access have moved toward TradFi: JPMorgan has explored accepting BTC and ETH as loan collateral, and Fidelity has added Solana trading for eligible U.S. clients, influencing liquidity, spreads, and settlement paths. The post Think Banks Don’t Move Markets? Bitcoin’s DeFi Hopes May Be Crushed by TradFi’s Collateral Grab appeared first on Cryptonews.

Bitcoin bounced off the $107,000 support, but the recovery is expected to face significant resistance in the $112,000 to $116,000 zone. Do charts point to any altcoins taking the lead? Key points: Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up. Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume. Read more

Bitcoin bounced off the $107,000 support, but the recovery is expected to face significant resistance in the $112,000 to $116,000 zone. Do charts point to any altcoins taking the lead? Key points: Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up. Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume. Read more

Cardano trades near key support with falling open interest and bearish EMAs. Analysts eye this crucial line as potential accumulation level.

In an interview with Cointelegraph, Galaxy Digital’s head of research explains why Bitcoin is at a pivotal moment, and what could define its next downturn. Bitcoin’s bull market is holding strong, but a slip under $100,000 could spell trouble, Galaxy Digital’s head of research Alex Thorn told Cointelegraph. “I think the bull market is structurally intact, but it’s at risk,” Thorn said, noting that the market is at a “pivot point” where sentiment could shift quickly. “If you were to lose 100K now, I think it would create a lot of anxiety that could put that structural bull market in jeopardy.” Despite the massive Oct. 10 liquidation, he insists that the pullback was not driven by Bitcoin’s fundamentals. “Nothing about Bitcoin’s drop… has been fundamental about Bitcoin,” he said. “It’s really trading like a macro asset.” Read more

In an interview with Cointelegraph, Galaxy Digital’s head of research explains why Bitcoin is at a pivotal moment, and what could define its next downturn. Bitcoin’s bull market is holding strong, but a slip under $100,000 could spell trouble, Galaxy Digital’s head of research Alex Thorn told Cointelegraph. “I think the bull market is structurally intact, but it’s at risk,” Thorn said, noting that the market is at a “pivot point” where sentiment could shift quickly. “If you were to lose 100K now, I think it would create a lot of anxiety that could put that structural bull market in jeopardy.” Despite the massive Oct. 10 liquidation, he insists that the pullback was not driven by Bitcoin’s fundamentals. “Nothing about Bitcoin’s drop… has been fundamental about Bitcoin,” he said. “It’s really trading like a macro asset.” Read more

The initiative reflects stablecoins' rising significance in the financial services world.

The crypto firm is the latest to seek a MiCA license in Malta, as EU regulators raise concerns about uneven supervision across member states.

VanEck has reported that Bitcoin aligns with Global money trends as M2 and associated Liquidity metrics have correlated with long-term returns, reaffirming a $180K target amid elevated futures leverage, institutional flows, and a $108K–$125K consolidation band. The post Bitcoin Set to Explode to $180K as Global Money Floods In: VanEck CEO appeared first on Cryptonews.

Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential. Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum. Read more

Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential. Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum. Read more

If approved, the charter would allow the crypto exchange to offer federally regulated custody and trust services in the United States. Crypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide. In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC). A National Trust Bank Charter is a federal license from the OCC that lets a company operate as a limited-purpose trust bank. Instead of taking deposits or making loans, a trust bank focuses on holding, managing and safeguarding assets for clients. Read more

If approved, the charter would allow the crypto exchange to offer federally regulated custody and trust services in the United States. Crypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide. In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC). A National Trust Bank Charter is a federal license from the OCC that lets a company operate as a limited-purpose trust bank. Instead of taking deposits or making loans, a trust bank focuses on holding, managing and safeguarding assets for clients. Read more

Thai SEC and CCIB have carried out a raid on a Worldcoin-linked iris center in Bangkok over alleged unlicensed WLD exchange services. Officials have cited user protection and AML concerns involving World operations, the Thai SEC action, and WLD compliance. The post World Still Not Off the Hook: Thai SEC Raids Iris Scanning Hub Over WLD Token Breach appeared first on Cryptonews.

The stablecoin cross-border integration will only be for payments coming from and going to the United States, Zelle's parent company said. Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States. Zelle launched in 2017 and already features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s announcement: The Zelle platform is collectively owned by the member banks that use the service, including, but not limited to, Wells Fargo, JP Morgan, Capital One and PNC. Read more