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Morgan Stanley Wealth Management has partnered with Galaxy Digital to allow eligible clients to lend crypto assets in exchange for shares of spot crypto ETPs, marking a significant step in integrating traditional finance with digital assets.
Better and Coinbase have funded the first Fannie Mae-backed mortgage allowing homebuyers to use Bitcoin as collateral for their down payment. This milestone could make homeownership more accessible to crypto investors.
A wallet linked to Ethereum co-founder Joseph Lubin transferred 110,000 ETH to secure a $259 million DAI debt. Analysts say this is a defensive move to reduce liquidation risk, not a sale.
Joseph Lubin, co-founder of Ethereum, transferred 80,001 ETH (worth ~$121.6M) from a wallet that had been inactive for over three years. The wallet still holds approximately 243,300 ETH (~$370M). The tokens have not yet been deposited into any known exchange.
1. OVERNIGHT MOVES
Rep. Brad Sherman argues government payments in stablecoins would create a tax evasion economy and threaten the U.S. dollar. He says this would create an alternative financial system outside traditional banking.
Bitcoin's price surge has triggered massive short liquidations, with $27 billion in short positions wiped out compared to just $1.4 billion in long liquidations. This extreme imbalance highlights the intense market volatility and the risks of betting against Bitcoin's upward momentum.
Bitcoin recently experienced a massive wave of long liquidations, totaling $1.28 billion over just five days. This unusual market activity suggests deeper forces at play beyond a typical price pullback.
Cryptocurrencies lost $390 billion this week, with Bitcoin and Ether leading the decline. This marks the steepest weekly drop since the FTX exchange collapse in 2022. The sell-off followed a major Bitcoin sale by Strategy, a prominent investment firm.
Bitcoin's price at $60,000 shows a -54.1% deviation from its power law trend, close to the -56.6% deviation seen on November 21, 2022, the worst day of the last bear market. The Z-score is -1.13σ versus -1.21σ, indicating Bitcoin is already in bear market territory, according to analyst Adam Livingston.
America's largest banks are creating a new digital currency network to prevent customers from moving deposits to stablecoins. This move aims to integrate traditional banking with blockchain technology, offering tokenized deposits as an alternative to crypto-based stablecoins.
Measuring crypto profits and losses by supply alone isn't enough. Investors should also consider the capital deployed to gain those positions, as it significantly impacts market behavior and individual outcomes. This approach provides a more nuanced understanding of market dynamics.
A dormant Bitcoin address holding early-mined coins worth billions moved for the first time in 14 years after receiving a legal notice. The move comes as part of a $285 billion lawsuit demanding proof of ownership by November 5, 2025.
Zcash disclosed a flaw that allowed undetectable counterfeiting of its privacy coin, ZEC, causing its price to drop 38%. The vulnerability has sparked renewed debate about the risks of privacy-focused cryptocurrencies.
Visa is testing private stablecoin settlement on the Canton network with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.
Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.
South Korean police have reportedly launched the country's first illegal gambling probe into local Polymarket users amid election-betting scrutiny. The investigation marks a significant regulatory action against decentralized prediction markets.
Russia has sanctioned a 17-year-old British teenager for reporting on a ruble-pegged stablecoin allegedly used to evade sanctions. The teen's father, political activist Bill Browder, called this the first time a high school student has been targeted by an authoritarian regime.
Strategy (formerly MicroStrategy) sold a portion of its Bitcoin holdings for the first time since 2022, citing emerging quantum computing risks. The company's stock dropped following the announcement, highlighting investor concerns about the security of Bitcoin in the face of advancing technology.
Three of America's biggest banks are building a shared blockchain network to tokenize assets and compete with stablecoins. The project, set to launch next year, aims to reduce reliance on traditional deposits.