Crypto liquidations hit $550M as Bitcoin price dips below $84K
Bitcoin fell 2.3% in two hours amid suspicion over the appearance of leveraged BTC short positions on Hyperliquid. Source：Cointelegraph
Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem…
Robinhood adds bitcoin worth $25 million to its balance sheet
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting…
Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.…
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham. Source：CoinDesk
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find productmarket fit despite attracting major brands and a community…
Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital…
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral protocol easier for businesses…
Crypto is expanding the boundaries of what can be priced
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of…
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an…
Capital starting to rotate back to crypto from AI: Raoul Pal
Real Vision founder Raoul Pal says a pause in the AI stock rally could help crypto attract capital, while AI agents are likely to boost Ethereum and Solana…
US crypto rules need to survive the next election
US crypto rules could be vulnerable to political change after the midterms. Former New York Gov. Andrew Cuomo argues Congress needs to pass durable, bipartisan…