Crypto

Bitcoin treasury Metaplanet has announced a new plan to buy more BTC: Use its holdings as collateral to take a $130 million loan.

The approval came as the US Senate is expected to soon vote on prospective CFTC Chair Michael Selig as a replacement for acting chair Caroline Pham. Prediction platform Polymarket has received regulatory approval from the US Commodity Futures Trading Commission to operate an intermediated trading platform. In a Tuesday notice, Polymarket said the CFTC issued an Amended Order of Designation, which will allow the company to “operate an intermediated trading platform subject to the full set of requirements applicable to federally regulated US exchanges.” According to Polymarket, the approval will result in the platform onboarding brokerages and customers directly and facilitating trading on US venues. “This approval allows us to operate in a way that reflects the maturity and transparency that the US regulatory framework demands,” said Polymarket founder and CEO Shayne Coplan. Read more

Acting Chairman Caroline Pham said the group will help usher in a new era of market structure, including a focus on digital assets.

Negative Bitcoin funding rates and large short liquidity zones could be a sign that a short-squeeze to $90,000 and higher could be on the cards. Bitcoin’s (BTC) recovery from last week’s deep correction is beginning to solidify, with the price pushing back toward the $87,000 to $90,000 zone after sliding from $106,000 to $80,600 in just 10 days. The rebound has revived discussions about whether BTC has reached a local bottom, even as a key whale cohort continued to offload its supply. Key takeaways: Read more

LunarCrush data indicate XRP social activity has risen with U.S.-listed ETFs from Bitwise, Grayscale, Rex Osprey, and Teucrium now trading, tying higher mentions and engagement to product launches even as Galaxy Score and sentiment readings remain choppy. The post From Grayscale ETFs to Federal Bank Chatter: LunarCrush Shows How News Triggers Sentiment Swings in XRP appeared first on Cryptonews.

The strong price action occurred on below-average volume.

The nation's fifth-largest commercial bank explores how a bank can issue stablecoins on a public blockchain.

Current fair value sits near $99,000, framing a potential recovery target in the $96,000–$99,000 zone if sentiment and liquidity improve.

Crypto majors rallied alongside a broad market surge, with BTC up 2% to $87,400, ETH up 4% to $2,920, BNB up 1% to $850, and SOL up 5% to $136, while KAS (+22%), ENA (+13%), and SUI (+11%) led the day’s top movers. The NASDAQ jumped 2.7% as stocks such as GOOG (+6%) and TSLA (+7%) posted strong gains. In policy and industry developments, the White House launched the “Genesis Mission,” described as a Manhattan Project–style initiative for AI, and Binance along with CZ faced new accusations of enabling crypto transactions for Hamas. Kraken hinted at a debit card debut expected today, and Tether purchased another 1 million Rumble shares, pushing the YouTube rival’s stock sharply higher. Meanwhile, the European Central Bank reiterated its warnings that the rapid growth of stablecoins could introduce stability risks to the wider financial system.

American financial services company MSCI’s October consultation on “digital asset treasury companies” arrived at a time when the mechanics of Bitcoin (BTC) exposure had already begun to fracture. By mid-2025, three roughly equal-sized channels funneled institutional capital into BTC: regulated spot ETFs managing north of $100 billion, mining operations with embedded BTC exposure, and a […] The post Inside the JPMorgan boycott drama defending Bitcoin treasuries being kicked off major indexes appeared first on CryptoSlate.

The token's price action points to fading buyer interest, with initial strong trading activity giving way to a sharp decline in participation.

New SEC rules could reshape the crypto ETF landscape by speeding up approvals, reducing the shutdown backlog and giving issuers a clearer and faster path to market. The SEC introduced new post-shutdown guidelines that explain how registration statements, including crypto ETF filings, progress through Sections 8(a) and 461 of the Securities Act. Generic listing standards approved in September 2025 removed the need for individual 19(b) approvals for qualifying crypto ETPs. The government shutdown created a backlog of more than 900 filings, pushing issuers to rely on the automatic 20-day effectiveness mechanism under Section 8(a). Read more

The EU-licensed digital bank becomes the first financial institution to issue a token on Stripe and Paradigm’s layer-1 blockchain Tempo. Payments company Klarna has launched a stablecoin, becoming the first digital bank to issue a token on Tempo, the new layer-1 blockchain developed by Stripe and Paradigm. According to Tuesday’s announcement, the new stablecoin is pegged to the US dollar and is currently live on Tempo’s testnet, with an upcoming mainnet launch set for 2026. Called KlarnaUSD, the stablecoin was built by Bridge, a stablecoin infrastructure provider also owned by Stripe. The move expands Klarna’s long-standing payments partnership with Stripe across its 26 global markets. Read more

U.S. Bank has begun testing custom stablecoin issuance on Stellar, citing asset controls and reliability as key features, as major institutions explore programmable money. At the same time, the ECB has warned that fast-growing stablecoins could transmit financial risks across borders. The post U.S. Bank Taps Stellar Network for Custom Stablecoin Trial, Backed by PwC and SDF appeared first on Cryptonews.

Klarna has announced KlarnaUSD, a fully dollar-backed token on Stripe’s Tempo blockchain, as it has joined global payment companies issuing stablecoins to test faster, lower-cost cross-border payments for its more than 100 million users ahead of a planned 2026 launch. The post Klarna Moves Into Stablecoins via Stripe-Backed Tempo Blockchain in Sweden appeared first on Cryptonews.

BNB retests key 2024 breakout level as futures interest dips and user activity grows. Traders eye $950–$1,050 if support holds.

Binance allegedly facilitated the transfer of over $1 billion to sanctioned entities including Hamas and Iran's Revolutionary Guard Corps, a lawsuit said.

Metaplanet has secured a new $130M Bitcoin-backed loan to add BTC, expand its options income business and support share buybacks, even as it reports large unrealized losses and launches Mars and Mercury preferred shares to address a market discount to its Bitcoin reserves. The post Metaplanet Doubles Down: $130M Loan to Buy More BT Despite $643M Loss – Bold or Reckless? appeared first on Cryptonews.

One analyst found that 40% of Bitcoin is held at a loss, while ETH and SOL data currently stand at 40% and 75% respectively. Should investors be worried? Recent data from Glassnode showed Bitcoin (BTC), Ether (ETH), and Solana (SOL) reflecting record high levels of their supply held at a loss.  However, a closer examination of the locked supply, institutional holdings, and staking structures revealed that the effective liquid supply under pressure is significantly lower than the implied percentages, especially for Ether and Solana.  Key takeaways: Read more

Anthropic released Claude Opus 4.5, completing its three-model lineup upgrade with benchmark-topping coding performance and a dramatic 67% price cut.