Economy

TradFi Meets Crypto: Schwab, Visa and Coinbase Expand Digital Asset Services
Charles Schwab, Visa, and Coinbase have announced major expansions integrating digital assets into traditional finance, while the IMF warns of lingering liquidity risks.

Cryptocurrency Markets Face Downturn as Viral Bitcoin Predictions Spark Doubt
Cryptocurrency markets showed a negative trend as Bitcoin traded at $81,246. Meanwhile, viral social media posts predicting Bitcoin at $145,000 face skepticism due to lack of verification.

Viral 2018 Bitcoin Prediction Prompts Skepticism Over Data and Origin
A viral 4chan crypto prediction targeting $145,000 for Bitcoin in October 2026 faces heavy skepticism due to unverified origins, altered data, and mathematical flaws.

EU Grants Circle's USDC Significant Status Under MiCA Regulations
The European Banking Authority has classified Circle's USDC as a significant electronic money token under MiCA rules, making it the first EU stablecoin with this status. While granting regulatory legitimacy, the decision imposes strict reserve requirements.

Arthur Hayes Predicts Ethereum Could Reach $200,000 Amid AI Market Risks
BitMEX co-founder Arthur Hayes predicts Ethereum could hit $100,000 to $200,000 amid potential AI market shocks, while recent chip stock drops spark massive crypto liquidations.

Bitcoin Tests $84,000 Threshold as Tech Stocks Face Sharp Losses
Bitcoin hovers around $83,400 amid market volatility and declining institutional inflows, while Asian tech stocks face steep drops over AI valuation concerns.

Crypto Markets Slip as European Retailers Pull Ledger Wallets
Crypto markets trended downward on Wednesday as Bitcoin fell to $83,692. Meanwhile, European retailers pulled Ledger hardware wallets over unapproved component modifications.

European Retailers Pull Ledger Wallets Amid Supply Chain Tampering Fears
European retailers pull Ledger hardware wallets after devices sold in Southeast Asia were found with hidden components designed to steal recovery words.
Russia Authorizes Sberbank for Crypto Trade to Bypass Sanctions
Russia has authorized state-owned Sberbank to offer crypto trading and custody for foreign trade, aiming to bypass Western sanctions. Simultaneously, Moscow imposes strict caps on retail investors and bans private P2P transactions.
Bitwise to Close Dogecoin ETF After Failing to Attract Investor Demand
Bitwise is shutting down its Dogecoin ETF, traded under ticker BWOW, after failing to attract meaningful demand and managing just $726,000 in assets by October 2026.
Jeonbuk Bank Becomes First in South Korea to Offer Bitcoin-Backed Loans
South Korea's Jeonbuk Bank became the first in the nation to offer corporate loans backed by Bitcoin. Enabled by new legal frameworks, the service provides liquidity to businesses without requiring asset sales.
Israeli Crypto Exchange Bit2C Being Acquired by eToro Group
Israeli crypto exchange Bit2C is being acquired by eToro in a deal involving asset deficit coverage and continuation of services for local users.
Bitcoin Drops to $82,534 and Ethereum Falls 9.19% in Crypto Market Slump
Leading cryptocurrencies experienced a negative trend this week, led by Bitcoin dropping to $82,534.2 and Ethereum falling by 9.19% to $2,492.49.
NEAR Intents Recovers $3.8 Million After Hackers Return Stolen Crypto Funds
NEAR Intents suffered a $3.8 million cyberattack, but the CEO identified the attacker, leading to a full refund within 48 hours. Meanwhile, a new crypto ETF launched and NEAR prices recovered.
Investigator ZachXBT Spends $349,700 Infiltrating North Korean Crypto Ring
Blockchain investigator ZachXBT spent $349,700 in an undercover operation to infiltrate a North Korea-linked Lazarus Group money laundering network following the massive Bybit hack.
Bank of Israel Finalizes New Guidelines for Crypto Deposits in Banks
The Bank of Israel has finalized new crypto banking guidelines effective May 2027, abolishing the automatic 100,000 shekel threshold for source-of-funds checks and shifting to a risk-based approach.
Bitcoin Falls Below $83,000 Amid Hormuz Tensions and Rising Bond Yields
Bitcoin fell below $83,000 to $82,734 on Wednesday amid rising oil prices, surging US bond yields, and renewed tensions surrounding the Strait of Hormuz.
Crypto Market Plunges: Bitcoin Falls to $83,614 and Ethereum Drops Over 5%
Cryptocurrency markets faced heavy losses as Bitcoin dropped to $83,614 and Ethereum fell over 5%. Dollar-pegged stablecoins remained stable amid the broader market downturn.
Conduit Technology Sues USDT Issuer Tether Over Frozen Funds in New York Court
Conduit Technology is suing USDT issuer Tether in a New York federal court, demanding the release of $2.76 million in frozen funds and damages over an allegedly improper asset freeze.
Strategy Expands Bitcoin Holdings to 848,000 Coins with $28.7M Purchase
Strategy purchased 334 additional Bitcoins for $28.7 million, bringing its total holdings to 848,000 coins with an estimated paper profit of $9 billion.
China Warns on Crypto Espionage While Singapore Activity Surges
China's Ministry of State Security warns that cryptocurrencies are used for espionage and security threats, while Singapore's crypto activity surged by 55.4% to $284 billion.
NEAR Intents Recovers $3.8 Million After CEO Ultimatum to Hacker
Crypto platform NEAR Intents successfully recovered $3.8 million in stolen funds within hours after its CEO issued an ultimatum to the hacker, while the NEAR token surged by 4.8%.
ECB Explores Three Pathways for Integrating Central Bank Money into Blockchain
The ECB is evaluating three models to integrate central bank money into blockchain networks, aiming to support tokenized financial assets and modernize settlement systems.
BlackRock and Ondo Finance Launch Tokenized Intelligent Portfolios
BlackRock and Ondo Finance launched Ondo Intelligent Portfolios, offering three tokenized investment strategies managed by smart contracts on the blockchain.
Bitcoin Holds Near $85,000 as Crypto Market Consolidates Amid High Rates
The crypto market remains stable as Bitcoin trades around $85,270 and investors await monetary easing catalysts amidst high global interest rates and soaring stablecoin reserves.
Coinbase CEO Brian Armstrong Projects Bitcoin Will Reach $400,000 by 2030
Coinbase CEO Brian Armstrong projects Bitcoin could reach $400,000 by 2030, driven by the four-year halving cycle and growing institutional adoption.
Bitcoin ETFs Post $102.7 Million Inflow as Markets Eye 'Uptober' Rally
U.S. Bitcoin ETFs recorded $102.7 million in net inflows on the first day of October, rebounding from previous outflows and bringing total assets to $109.3 billion.
How Stablecoins Are Disrupting Global Banking and Liquidity
Stablecoins are transforming global payments and threatening banking stability by enabling rapid capital flight during financial crises, forcing traditional banks to adapt.
DogeOS Launches Public Testnet to Bring Smart Contracts to Dogecoin
DogeOS has launched a public testnet introducing Ethereum-compatible smart contracts and ZK-rollups to Dogecoin, aiming to expand utility beyond basic payments.
Belarus Approves First Two Crypto Banks with Strict Capital Rules
Belarusian authorities have approved the registration of the country's first two crypto banks, setting high capital requirements and establishing a dual oversight model.
Crypto Market Shifts: Altcoin Deposits Surge Amid Bitcoin Dominance Decline
A sharp rise in altcoin deposits on crypto exchanges signals potential selling pressure, even as capital begins shifting from Bitcoin toward specific sectors like DeFi and AI.
Bitcoin Drops to $83,000 Amid US-Iran Tensions and Hormuz Strait Standoff
Bitcoin dropped to $83,000 amid rising US-Iran tensions over the Strait of Hormuz, triggering over $300 million in crypto liquidations while spot ETFs continued seeing strong inflows.
Goldman Sachs Opens $100 Billion Treasury Fund FTIXX to Digital Asset Firms
Goldman Sachs provides digital asset firms access to its $100 billion FTIXX Treasury fund via the Lynq network, bypassing tokenization in favor of traditional fund integration.
Iran Uses Tether Stablecoins to Bypass US Sanctions, Senate Report Reveals
A U.S. Senate report reveals that Iran heavily utilized Tether's USDT stablecoin to bypass sanctions and fund proxy groups like Hezbollah through shadow banking.
Crypto Market Plunget: Bitcoin Drops to $83,076 Amid Risk-Off Sentiment
Cryptocurrency markets tumbled as Bitcoin traded at $83,076 and Ethereum dropped to $2,667. The downturn reflects a classic Risk-Off sentiment driven by US monetary tightening expectations and macro data uncertainty.
Solana Memecoin PIGGYBANK Surges to Massive Valuation Amid Extreme Volatility
A new Solana memecoin named PIGGYBANK has reached a multi-billion dollar market cap, trading alongside JTO tokens while highlighting extreme volatility and community-driven features.
Ethereum's 2030 Roadmap: Vitalik Buterin Unveils the Cryptographic World Computer
Ethereum founder Vitalik Buterin has released a 2030 roadmap to transform the network into a cryptographic world computer, aiming to slash block times and phase out legacy blockchain structures.
MicroStrategy Proposes Daily Dividend Payouts for Preferred Stock Series
MicroStrategy is proposing a daily dividend accumulation model for four series of its U.S.-traded preferred stock to boost liquidity and capital-raising potential for its Bitcoin strategy.
Crypto Forum Launches Campaign Demanding Major Digital Asset Reform for Knesset Elections
The Israel Crypto, Blockchain, and Web3 Companies Forum launched 'Israel Chooses Crypto' to demand digital asset reform, citing a KPMG study showing 120 billion shekels in potential economic growth.
