ESMA seeks evidence tokenized collateral can be cashed out in crisis
ESMA is seeking industry feedback on the legal, liquidity and operational risks of tokenized collateral before deciding whether additional EU regulatory…
Bitcoin steadies near $82,500 after Trump rules out Iran strike before midterms
Bitcoin recovered to around $82,500 after Trump ruled out an Iran strike, but remains about 4% lower on the week, while ether has lost 9%. Source:CoinDesk
MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI
The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August. Source:CoinDesk
Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows
Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.…
Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush
About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.…
Thailand finalizes rules paving way for Bitcoin, Ether ETFs
The rules are set to take effect next week, allowing crypto ETFs to trade exclusively on the Stock Exchange of Thailand. Source:Cointelegraph
Cantor Fitzgerald faces Senate Democrat’s probe over Tether ties
The letter follows a report by the Democratic investigators last month alleging Tether’s USDT has become a key tool for Iran’s shadow banking network.…
U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet, no sale indicated
Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange, a day after $383 million hit Coinbase Prime. Source:CoinDesk
‘Bunker mode’ is a far greater challenge for institutions than individual crypto holders
As crypto debates whether holders should move funds before AI or quantum advances expose wallet keys, custody firms face a separate problem: upgrading systems…
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years. Source:CoinDesk
US government moves $770M of seized Bitcoin to Coinbase Prime
The US government moved 9,261 Bitcoin to Coinbase Prime, including 2,456 BTC in newly discovered funds pointing to federal law enforcement seizures.…
Bitcoin slips below $83,000 as Ethereum researcher's 'bunker mode' call divides crypto
Justin Drake's call to prepare for an AI break of wallet cryptography drew a mixed response as bitcoin slipped below $83,000. Source:CoinDesk