Saturday, October 10

Crypto

Bitcoin ETFs Rebound as Crypto Miners Extend AI Pivot

A $116 million hardware wallet exploit has reopened one of Bitcoin’s oldest debates: Is holding your own keys worth the risk? Days later, US spot Bitcoin ETFs recorded their strongest inflows since April, prompting Bloomberg analyst Eric Balchunas to wonder…

Bank Leumi to Offer BTC, ETH and SOL Trading with Galaxy

Israel’s Bank Leumi has partnered with Galaxy Digital to let customers trade Bitcoin (BTC), Ether (ETH), and Solana (SOL) through the bank’s investment platform, with the service expected to launch in early 2027.The companies said Friday that customers of Leumi…

Bitcoin Slips From Weekly Close Target In Drop To ,500

Bitcoin (BTC) declined into Friday’s Wall Street open as traders increasingly saw a BTC price breakdown next.Key points:Bitcoin stays below $63,000, heading steadily closer to new August lows while US stocks build on record highs.Analysis says that $63,220 must be…

Solana’s Fee Overhaul Increases Burn and Makes Resource Hogs Pay

Solana is preparing to change how it charges for computing resources on the network.Solana Improvement Document (SIMD-0553) would make its most resource-intensive users pay more while cutting the costs for simpler transactions. As a bonus, it would increase SOL’s burn…

Bitcoin Eyes New August Lows As Binance Longs Face A ‘Cleanout’

Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming.Key points:Bitcoin long positions face multiple threats as BTC price action heads toward new August lows, analyst warns.The correlation between Binance open interest…

ECB Finds Crypto Payment Acceptance Below 1% in Euro Area

Crypto remains a marginal payment option among euro area businesses even as other forms of digital payments gain ground, according to a new European Central Bank (ECB) report.Just 0.2% of companies selling goods and services online accept crypto assets, the…

NUSD Redemptions Paused as Neutrl Reviews Reserves

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear. On Thursday, Neutrl said it had also paused other protocol…

Figure Loan Marketplace Volume Reaches .3B in Q2

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly profit nearly tripled. On Thursday, Figure said net income rose 192% year over year to $87 million,…

Tether Completes First Full Financial Audit of 2025 Accounts

Tether completed the first full independent audit of its annual financial statements, with KPMG US issuing a clean opinion on the stablecoin issuer’s 2025 accounts.The audit covered Tether’s balance sheet, income statement and cash flows for the year ended Dec.…

City of Baltimore Goes After Prediction Markets for Sports Betting

The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.In a Thursday notice, the Baltimore mayor’s office said that the two prediction market companies operated “illegal,…

Bullish Q2 Revenue Rises 62%, Sending Shares Higher

Bullish shares jumped around 13% in early trading Thursday after the institutional-focused crypto exchange and CoinDesk owner reported a 62% year-over-year increase in second-quarter adjusted revenue and more than tripled its adjusted EBITDA.Bullish reported $92.6 million in adjusted revenue for…

Custodia Gets Crypto Industry Backing in Supreme Court Fed Case

The Blockchain Association urged the US Supreme Court to hear Custodia Bank’s challenge to the Federal Reserve’s denial of its application for a master account, which would give the crypto-focused bank direct access to the Fed’s payment system.In an amicus…

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