Crypto

David Sacks has said the U.S. is in an excellent position to pass crypto market structure rules this year with bipartisan support. Senate Democrats have met industry CEOs, and Brian Armstrong has said Thanksgiving has been floated as a timeline, while some groups have voiced DeFi concerns in DC now. The post U.S. In ‘Excellent Position’ To Pass Crypto Market Structure Legislation This Year, David Sacks Says appeared first on Cryptonews.

New Chainalysis figures show Turkey maintaining strong crypto volume despite stricter oversight. Retail activity has cooled amid KYC and transfer caps, while institutional investors and altcoin trading have continued to expand across the MENA region. The post Turkey Leads MENA with $200B in Crypto Volume – but Chainalysis Warns It’s ‘All Speculation’ appeared first on Cryptonews.

A wallet alleged to have connections to President Trump's family closed a major Bitcoin short ahead of Thursday's price jump.

The Singapore-based digital bank plans to broaden its crypto and fiat offerings for institutional clients, citing growing demand for programmable finance. Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to about $45 million, according to the Economic Times. Founded in 2023 by fintech veterans Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov, Pave Bank provides institutional and corporate clients with both traditional and programmable banking services, while also facilitating transactions involving digital assets. Programmable banking services allow businesses to automate financial operations such as payments, transfers, and treas...

The US has never owed more money that it does today, and some believe the solution isn’t political reform or higher taxes but Bitcoin itself. America’s national debt has crossed $38 trillion, surpassing the country’s annual GDP by nearly 31%. Notably, the figure also marks one of the fastest periods of debt accumulation in modern […] The post How high would Bitcoin price need to go to erase US $38 trillion debt? appeared first on CryptoSlate.

Carlson claims Bitcoin enables "totalitarian control," warning digital currencies could enforce obedience.

The acquisition completes Fireblocks' tech stack, the company said on Thursday, allowing it to offer more institutional-grade services to clients. Fireblocks, a digital asset infrastructure company, announced on Thursday that it acquired Dynamic, an enterprise-focused wallet provider. The integration of Dynamic’s tech stack into Fireblocks adds to the company’s suite of institutional-grade services, which includes treasury management, custody options, and wallet services, according to Thursday’s announcement. Dynamic provides the wallet infrastructure for 50 million onchain accounts, including accounts for crypto exchange Kraken and Web3 Companies like Magic Eden and Ondo Finance, according to Fireblocks. Michael Shaulov, CEO of Fireblocks, said: Read more

The firm's stock rose Thursday, and has traded solidly above $1 during October.

Crypto executives have faced sharp questioning from Democratic senators as negotiations over the market structure bill have slowed. While CEOs have reported progress, the Senate remains divided on timing and process, leaving the bill’s future in question after earlier House passage. The post Stop Being Republicans’ Lapdog’ – Crypto CEOs Face Senate Fury as Bill Stalls appeared first on Cryptonews.

Cryptomus has been fined $126 million for failing to report thousands of high-risk transactions tied to child abuse, ransomware, and Iran-linked transfers.

The trend has most definitely not been your friend this week as dips get bought and rallies get sold.

Beyond Meat is facing its first test since becoming a meme stock sensation, with its stock down more than half since the peak. Can it rebound?

The addition of SOL comes amid growing institutional interest in the Solana network, as the community positions it as the hub of internet capital markets. Fidelity, a financial services company, has added Solana trading to its platform, making the network’s native token available to both institutional and retail clients. Solana (SOL) is now available to buy, sell, and trade on Fidelity Crypto, Fidelity Crypto for IRAs, Fidelity Crypto for Wealth Managers, and Fidelity Digital Assets’ platform for institutional investors, a spokesperson confirmed to Cointelegraph on Thursday. The spokesperson added: The added support for SOL signals that cryptocurrencies are maturing as an asset class, further reducing the gap between legacy and digital finance. Read more

Binance founder Changpeng Zhao confirmed in an Oct. 23 post on X that he has received a pardon from US President Donald Trump. He said: “Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice. Will do everything we can to help make America the Capital of Crypto […] The post Trump tariff short trader who made $200M correctly predicts Binance’s CZ pardon appeared first on CryptoSlate.

The artwork also pays homage to Damien Hirst.

Aave Labs’ latest deal follows a string of institutional initiatives, including its Maple Finance integration and Horizon RWA marketplace. San Francisco–based Stable Finance has been acquired by Aave Labs, the developer behind the Aave lending ecosystem, as the firm expands into consumer-facing onchain services. Founded in 2023, Stable Finance’s mobile app allows users to deposit funds from bank accounts, cards, or crypto wallets to earn yield on stablecoins through overcollateralized decentralized markets. The deal, announced Thursday, also brings Stable Finance’s founder Mario Baxter Cabrera and his engineering team into Aave Labs. Financial terms of the acquisition were not disclosed.  Read more

Bitcoin trades near $108K after falling below STH cost basis. Analysts eye $37K LTH support as retail selling spikes and whales accumulate.

Open interest across CME’s regulated markets jumped 27% since Oct. 10, signaling growing conviction among large traders.

For decades, physicists have promised that quantum computing would one day outrun classical machines. That day may have arrived. On Oct. 22, Google’s Willow quantum processor completed a task that supercomputers would need 150 years to finish by compressing centuries of calculation into two hours. Industry experts say the result, verified by Nature, isn’t only […] The post Can Google’s 13,000× “quantum echoes” put Bitcoin’s keys on a clock? appeared first on CryptoSlate.

As Treasury yields sink, Spark’s $100 million move into Superstate’s regulated crypto carry fund signals DeFi’s pivot toward uncorrelated yield sources. Decentralized finance (DeFi) lending protocol Spark has rotated a portion of its treasury reserves from US government bonds into crypto-native yield strategies, signaling new approaches to onchain yield generation as Treasury returns continue to compress. On Thursday, Spark said it allocated $100 million of its stablecoin reserves to Superstate’s Crypto Carry Fund (USCC), a regulated basis-trading fund that generates yield from price differentials between spot and futures markets across major digital assets. The fund allows DeFi protocols to earn market-neutral yield from the same derivatives markets traditionally used by hedge funds. According to Superstate’s website, USCC manages about $528 million in assets and currently produces a 30-day yield of 9.26%. Read more