-

U.S. Treasury Secretary Scott Bessent says the move is necessary to compete effectively against “non-market” economies like China. Trump's Anti-China Price Controls Send Bitcoin to $111K China and the U.S. are now embroiled in an all-out trade war and it appears bitcoin has taken the brunt of the impact, more so than stocks. U.S.

+

Brad Garlinghouse has asked that Ripple be “held to the same regulatory standards as a bank” as the company awaits a decision on a national charter from the OCC.

-

Coinbase has placed BNB on its listing roadmap, indicating intent while trading has remained contingent on market-making support and technical readiness. The move has followed public criticism, as Blue Carpet has offered direct access to listings teams and Coinbase has reiterated that listings are free.

-

The crypto community witnessed an unexpected event when Paxos minted $300 trillion in PYUSD stablecoins on Ethereum. The minting occurred on Wednesday afternoon and briefly made PYUSD the world's largest stablecoin by supply.

+

Delayed by government shutdown, but is Solana ETF approval closer than you think?

-

Economist and long-time Bitcoin critic Peter Schiff has once again targeted the cryptocurrency, questioning its status as “digital gold” after the recent market correction that saw BTC prices tumble sharply. Schiff's commentary comes amid rising gold prices and renewed geopolitical tensions, which have affected investor sentiment across financial markets.

+

Coinbase's addition of BNB on their listing roadmap foretells new trading strategies.

+

Bitcoin Magazine Compass Coffee Shop Debuts First-Ever Bitcoin Payment on Square Terminal in Washington, DC Small businesses will soon be able to receive payment in bitcoin via their Square terminals. Compass Coffee Shop Debuts First-Ever Bitcoin Payment on Square Terminal in Washington, DC Micah Zimmerman.

+

Stripe enables automated recurring USDC payments via this smart contract, starting with Base Chain & Polygon L2s.

-

A prominent cryptocurrency trader, known for high-stakes bets, has opened a substantial short position on Bitcoin, reigniting fears of potential market turbulence. The trader, previously profiting from large market swings, has now committed nearly half a billion dollars on a leveraged short, drawing attention from retail and institutional investors alike.

+

The Cardano and XRP ecosystems could further deepen their ties following the announcement that the Cardano Foundation has joined the MiCA Crypto alliance. Meanwhile, the organization unveiled the MiCA-compliant ADA white paper, providing a bullish outlook for the ecosystem.

+

Publicly traded Dogecoin and Bitcoin treasury firm Thumzup is now considering adding DOGE reward payments to its mobile app.

+

TL;DR Cathie Wood doubles down on Bitcoin and files with the SEC to launch three new ETFs amid the surge in spot products. The lineup includes the ARK Bitcoin Yield ETF, focused on generating cash flow, and the DIET Bitcoin ETFs, designed to provide downside protection without losing exposure to the asset.

+

The Artificial Intelligence Infrastructure Partnership (AIP), a consortium led by BlackRock's GIP with members like Nvidia, Microsoft, and xAI, is purchasing Aligned Data Centers from Macquarie for a record-high $40 billion to expand vital AI capacity.

+

-

Paxos Trust Company has made history by temporarily minting the entire global debt on the Ethereum (ETH) network. On Wednesday, during the mid-North American session, Paxos minted $300 trillion in PayPal USD (PYUSD) before burning them within an hour.

+

TL;DR VanEck projects that Bitcoin could reach $644,000 per unit following the 2024 halving, capturing half of gold's market value. The firm estimates that if BTC participates in 10% of international payments and 5% of domestic transactions, central banks could hold 2.5% of their assets in BTC.

-

Shares in Ethereum treasury firm ETHZilla fell more than 5% after the company announced a 1-for-10 reverse stock split.

+

Digitap, a new entrant in the cryptocurrency space, is rapidly making waves by positioning itself as a formidable competitor to established tokens like XRP and XLM, particularly in the realm of cross-border payments. Recent projections suggest that Digitap could experience up to 100 times growth, potentially securing a place among the top 50 cryptocurrencies globally.

-

The recent market-wide crash that sent the XRP price tumbling to $1.2 before an immediate rebound has left traders wondering whether the worst is over. Crypto analyst Steph, in a detailed technical analysis shared on X, noted that the latest move could be an important turning point for XRP.

+

Assessing the potential returns for James Wynn's bet for Q4.

-

Those who got swept up in the constant hype within the crypto space might be surprised to find out that Bitcoin is on track to record its fourth-worst year to date.

-

A high-profile Bitcoin whale, previously known for profiting from large-scale short positions, has intensified its bearish stance, raising alarms across crypto markets. The trader, often referred to as the “Trump Insider Whale” by blockchain researchers, has reportedly increased their short exposure by $392 million, sparking renewed fears of a potential market correction.

+

Zeta looks to raise $230 million worth of BTC and SolvBTC in an Oct. 16 private placement in exchange for ZNB stock and warrants.

+

The Ethereum Foundation (EF) announced a fresh treasury deployment of 2,400 ETH (approximately $9.6 million at current prices) and about $6 million in stablecoins into Morpho's yield-bearing vaults.