Crypto markets reel from a crash, Binance pledges relief, JP Morgan to offer crypto, and corporations are stacking BTC as Elon Musk praises it. After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling roughly $19 billion. The wipeout surpassed even the worst days of the FTX collapse in 2022, underscoring both how much the market has grown since then and how fragile it remains. The sell-off began in classic crypto fashion. Reports suggest US President Donald Trump may have misinterpreted China’s export controls, sparking a sweeping tariff threat that sent risk assets tumbling. Read more
Bitcoin steadied into weekend trading, but BTC price targets still saw a dip below $100,000 despite increasingly bullish RSI signals. Key points: Bitcoin stabilizes into the weekend, but market sentiment is anything but relaxed about the outlook. BTC price forecasts increasingly feature sub-$100,000 levels. Read more
A quantum computer powerful enough to break Bitcoin could steal coins while the network runs as usual. If a quantum computer capable of breaking modern encryption were to come online today, Bitcoin would likely be under attack — and no one would know. “Everything would look like legitimate access,” David Carvalho, CEO of post-quantum infrastructure company Naoris Protocol, told Cointelegraph. “When you think you’re seeing a quantum computer out there, it’s already been in control for months.” “You wouldn’t even know,” he said. Read more
Corporate giants are building their own L1s, shifting blockchain from neutral infrastructure to strategic moats with regulatory advantages. Opinion by: Ray Song, founder at aPriori When you’ve been around markets long enough, you start to see patterns. The tools we trade on and the rails we build on are never static. In crypto, one of the biggest shifts happening right now is at the base layer. For years, the layer 1 conversation was dominated by Ethereum if you wanted composability and a broad developer base, Solana if you wanted speed and Cosmos if you wanted sovereignty. The choice of L1 felt like picking a trading venue, evaluating fees, liquidity and execution. Read more
Robinhood’s tokenization drive on Arbitrum now includes nearly 500 US stock and ETF tokens worth over $8.5 million, as the brokerage deepens its RWA push. Robinhood has expanded its tokenization initiative on the Arbitrum blockchain, deploying 80 new stock tokens in the past few days and bringing the total number of tokenized assets close to 500. According to data from Dune Analytics, Robinhood has tokenized 493 assets with a total value exceeding $8.5 million. Cumulative mint volume has surpassed $19.3 million, offset by around $11.5 million in burning activity, signaling a growing but actively traded market. Stocks account for nearly 70% of all deployed tokens, followed by exchange-traded funds (ETFs) at about 24%, with smaller allocations to commodities, crypto ETFs and US Treasurys. Read more
OpenSea CEO Devin Finzer says the platform isn’t abandoning NFTs but expanding into a universal onchain trading hub. OpenSea CEO Devin Finzer has rejected claims that the company is pivoting away from non-fungible tokens (NFTs), saying instead that the marketplace is “evolving” into a universal platform to trade every type of onchain asset. In a Friday post on X, Finzer announced that OpenSea's October trading volume exceeded $2.6 billion, with over 90% of that amount coming from token trading, calling it the beginning of the platform’s transformation to “trade everything.” “We’re building the universal interface for the entire onchain economy — tokens, collectibles, culture, digital and physical,” Finzer told Cointelegraph. “The goal is simple: if it exists onchain, you should be able to trade it on OpenSea, seamlessly across any chain, while maintaining complete control of your assets,” he added. Read more