Blockchain.com praised Malta’s regulatory clarity while member states still argued over how MiCA should apply across the EU. Blockchain.com, one of the oldest crypto platforms operating a wallet and a blockchain explorer, has received regulatory approval in Europe as it ramps up compliance efforts. Blockchain.com obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Maltese Financial Services Authority (MFSA), the company said on Thursday. With the license, Blockchain.com is enabled to provide custody and wallet services in 30 European Economic Area (EEA) countries and plans to roll out institutional services, including treasury management. Read more
Bitcoin fielded fresh leveraged shorts on Thursday as whales appeared to bet on downside volatility around another announcement from US President Donald Trump. Key points: Bitcoin whales flip bearish on BTC price action hours before Trump makes another White House announcement. “Insider” market bets have featured prominently since Oct. 10, when Bitcoin hit $102,000 on Binance. Read more
Bitcoin traded 13% below its $126K all-time high as traders said the BTC price could drop to $88K over the next few days if key support levels don’t hold. Key takeaways: The emergence of a bear flag on the daily chart projects a Bitcoin price drop to $88,000. Traders said BTC price may drop as low as $97,500 if key support levels are broken. Read more
BNB turned a sluggish October for Bitcoin into a breakout month, driven by memecoin trading, rising fees and Aster’s ascent despite renewed scrutiny on Binance. October is historically one of Bitcoin’s (BTC) best-performing months, but this year, BNB (BNB) is stealing the show. “Uptober” — coined to describe Bitcoin’s typically bullish Octobers — began on a high note this year, when the US government shutdown had just begun. Now, as Washington’s funding deadlock stretches past three weeks, that optimism has faded amid trade tensions and the aftermath of a historic liquidation event. Meanwhile, BNB, the native token of Binance’s BNB Chain, has set new all-time highs twice this month. The network is experiencing a surge in memecoin trading and is competing directly with Hyperliquid in the decentralized perpetuals market through its Aster platform. Read more