Crypto News

Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say Banks worried about losing customers to stablecoins may already have a counterweight: the interest rate on a savings account. That's the takeaway from a new working paper published by the Bank for International Settlements, the Basel-based bank for central banks. Using weekly U.S. data from January 2019 through June 2025, BIS economist Iñaki Aldasoro and Rashad Ahmed of the Andersen Institute for Finance and Economics found that stablecoin growth slows when banks raise deposit rates. Stablecoin market capitalization grew by about 15% over a typical 10-week span in the sample used by the researchers. A...

Hyperliquid Founder Jeff Yan Proposes New Regulatory Model to Bring Wall Street Onchain Key Takeaways Hyperliquid founder Jeff Yan proposes regulating financial firms operating on blockchain infrastructure rather than the underlying network. Kraken's parent company, Payward, is pursuing regulated US derivatives trading using Hyperliquid technology. The proposal could open blockchain-based markets to Wall Street, but US regulators have not endorsed Yan's framework. Hyperliquid Founder Jeff Yan Proposes New Regulatory Model Hyperliquid founder Jeff Yan has proposed a regulatory framework that could allow Wall Street institutions to operate on blockchain infrastructure without requiring the underlying network to register as a...

The Crypto Cop Who Took Down a Global Scam Network from Brooklyn The Crypto Cop Who Took Down a Global Scam Network from Brooklyn Assistant District Attorney Alona Katz heads the Virtual Currency Unit at the Brooklyn District Attorney’s Office. By the time Alona Katz hurried home from her office in downtown Brooklyn late on Oct. 6, the trap was already set. After months of planning, the chief of Brooklyn's crypto fraud unit was about to orchestrate one of the most sweeping international crackdowns a local prosecutors' office had ever attempted. The Operation The operation, which took place across three time zones, was the culmination of a chase Katz had begun almost as soon as she was appointed chief of Brooklyn District...

Operation Choke Point 2.0: From Crypto Grievance to Federal Finding The Office of the Comptroller of the Currency (OCC) has released findings revealing that major banks have implemented subjective reputation policies that have disadvantaged lawful businesses, including those within the cryptocurrency industry. This has fueled calls for reform, as the findings support complaints about crypto debanking but do not prove a coordinated government campaign. The review examined nine of the largest national banks under OCC supervision between 2020 and September 2025, analyzing nearly 100,000 complaints, hundreds of individual decisions, and approximately 420,000 pages of bank documents. OCC Finds Reputation Policies Across Nine Major Banks...

Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change Polymarket vs. CME Fedwatch Odds The September consumer price index rose 3.7% year over year, above the 3.6% consensus and August's 3.4%. Core inflation, which excludes food and energy, also came in above expectations: it increased 0.3% month over month against a 0.2% forecast, and 2.6% annually against 2.5% expected. Gasoline prices rose 9.1% on the month. The report pushed FedWatch's October hike probability from about 22% before the release to approximately 37%-44%. Polymarket's price moved more modestly, from 20% late Tuesday to 24% in the report's snapshot. The macro repricing had a direct risk-asset channel: expectations of higher interest rates can lift...

Strategy, Metaplanet Face Exit From MSCI Indexes as the Index Provider Adopts New Test Strategy, Metaplanet Face Exit From MSCI Indexes as the Index Provider Adopts New Test MSCI will stop handling crypto treasury companies under a separate set of rules. The index provider announced on Oct. 15 that it is adopting, "with minor modifications," the framework it proposed in August for barring so-called non-operating companies from its Global Investable Market Indexes. It will end the interim measures it had applied to companies whose digital asset holdings made up 50% or more of their total assets. The change takes effect with the November 2026 Index Review, as of the close of Nov. 30. MSCI's announcement does not name any company. It...

Bitcoin Bounces, But Where Does It Go Next? Here’s What the Charts Say Bitcoin Bounces, But Where Does It Go Next? Here’s What the Charts Say Bitcoin is trading at $82,295, up 1.28% in 24 hours, after a Thursday slide below $80,000, its first dip under that level in more than a month. Ethereum gained 4.17% to $2,473.17, Solana rose 3.02%, and XRP added 2.03%. Zcash is the strongest of the top 15 largest coins, jumping 10.29% to $1,222.02, lifting its market cap to $20.67 billion, and roughly erasing the almost 10% it lost on Thursday. In general, the market is bouncing today after spending most of the week heading in the other direction. Thursday's drop triggered $948 million in liquidations, 90.6% of them longs, per CoinGlass...

SEC Approves Binary Options on Coinbase and MARA Metrics, but Not a Bet on Bitcoin’s Price SEC Approves Binary Options on Coinbase and MARA Metrics, but Not a Bet on Bitcoin’s Price The SEC has approved a securities-exchange rule change that allows standardized binary options tied to company performance indicators, and the decision touches the crypto sector more directly than most. For BTC USD traders, the key point is that these contracts do not track the Bitcoin price. They turn on whether a reported business metric meets a set condition. The Commission voted on October 13, and Chairman Paul Atkins described the order as a step toward harmonization, innovation, and investor choice. Approval of a framework is not the same as a...

Binance.US Seeks $100 Million to Expand Its Crypto Business Binance.US Seeks $100 Million to Expand Its Crypto Business Binance.US is looking to raise as much as $100 million as the crypto exchange seeks to beef up its US business amid intensifying competition for digital-asset customers. The company is targeting a valuation of about $1 billion in the private round, according to a person familiar with the matter, who asked not to be identified discussing confidential information. World Liberty Financial, co-founded by President Donald Trump among others, was among those made aware of the fundraising, according to people familiar with the matter. Another person familiar with the situation said the Trump family's crypto venture isn't...

Morning Minute: Google Clears a Major Quantum Hurdle, Bitcoin Still Safe Morning Minute: Google Clears a Major Quantum Hurdle, Bitcoin Still Safe Today's top news: Crypto majors rebound despite hot PPI; BTC at $82.7k MSCI finalized index rules putting Strategy at risk of removal White House has no crypto lead after Patrick Witt announces departure Binance US tries to raise $100M at $1B valuation Jupiter rolls out Papertrade-like perps product, does $1B volume first day Google Clears a Major Quantum Hurdle, Bitcoin Still Safe Eight days ago an Ethereum researcher told large holders to move their coins. Today Google published a result that makes him look less paranoid and more early. Google Quantum AI cut a critical class of...

Ripple Prime Opens 24/7 Swaps on Stocks, Metals and Currencies, With Virtu Already Trading Ripple Prime Opens 24/7 Swaps on Stocks, Metals and Currencies, With Virtu Already Trading Ripple Prime, Ripple's institutional prime brokerage, now lets clients hold positions on stocks, indices, commodities, and currencies at any hour through swaps tied to perpetual futures on Hyperliquid, Ripple announced on Oct. 15. Market maker Virtu is one of the institutions already using the product. The swaps track more than 100 markets across stocks, stock indices, ETFs, metals, energy, and currencies, and they trade and settle 24/7, weekends included. How the Swaps Work Clients do not trade on Hyperliquid themselves. Ripple Prime enters each swap...

Toncoin Sends Delayed on Coinbase: Is the TON Network Down? Toncoin Sends Delayed on Coinbase: Is the TON Network Down? Coinbase warned that users may face delayed sends on the TON Network, a disruption that can leave customers waiting to move GRAM (former Toncoin) off the exchange. The available evidence points to delayed Coinbase sends. It does not establish that the TON Network itself has failed. The distinction matters: a delay in one exchange's withdrawal service can affect access to funds without stopping transactions across the underlying network. Now the question is whether this is a Coinbase transfer bottleneck or evidence of a wider network problem; current reporting supports the former, while leaving the technical cause...

Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro Pressures Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro Pressures Altcoins have taken a hit over the past 24 hours, with major tokens seeing "outsized drawdowns" compared to Bitcoin. Experts say that this has largely been prompted by macro pressures pushing prices down. With the market cap of all cryptocurrencies dropping by 2.5% to $2.8 trillion, Ethereum dropped by 5.5% to a $289 billion market cap over the past 24 hours, XRP fell by 5.1% to $82.4 billion, and Solana slipped by 3.8% to $60.6 billion. Meanwhile, industry leader Bitcoin has slipped by 3.1% on the day and 2.6% on the week, sitting at a market cap of $1.6 trillion. It comes after the consumer price...

Fireblocks Opens Stablecoin Marketplace for Payments Firms, Says It Takes No Spread Fireblocks Opens Stablecoin Marketplace for Payments Firms, Says It Takes No Spread A payments company that needs stablecoins has typically shopped for them one over-the-counter (OTC) desk at a time, logging into a separate system for each dealer. Quotes often lapse before they can be lined up against one another, and credit limits and balances get reconciled by hand. Fireblocks wants to move that shopping onto its own platform, where, the company says, many of those firms already keep their stablecoin treasuries. The digital asset infrastructure firm launched Fireblocks Liquidity Market on Thursday. Customers can ask several desks for a price on the...

Bitcoin and ethereum prices today, Wednesday, October 14, 2026: Crypto prices sliding after higher-inflation report Bitcoin and Ethereum Prices Today, Wednesday, October 14, 2026: Crypto Prices Sliding After Higher-Inflation Report Bitcoin (BTC-USD) opened at $83,092.65 on Wednesday, October 14, 2026, up 1.6% from Tuesday's open. As of 9:15 a.m. ET this morning, the price of bitcoin fell to $82,418.56. Ethereum (ETH-USD) opened at $2,496.22 on Wednesday, October 14, 2026, up 2.1% from Tuesday's opening price. The price of ethereum moved down this morning to $2,461.69 as of 9:15 a.m. ET. Prices for both bitcoin and ethereum opened higher than yesterday's open and back in line with Monday's open. However, bitcoin and ethereum are...

Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data Bitcoin dipped below $81,000 on Thursday, extending its slide a day after U.S. consumer prices rose faster than expected and revived bets on another Federal Reserve rate hike. The leading cryptocurrency is currently trading at $81,002, down 2.7% over the past 24 hours and 2.5% over the past week, after slipping to an intraday low of $80,444. Consumer prices rose 3.7% in the year to September and prices rose 0.6% over the month, the largest monthly increase in five months, driven mainly by energy costs tied to the war with Iran. Traders' odds of a Fed rate hike this month jumped to 43%...

AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny AI Agents Made 138 Million Crypto Payments in a Year. Most Were Tiny AI agents are beginning to spend real money, and increasingly they're paying in crypto. That's the picture from a new Chainalysis report, which found that autonomous AI agents have made more than 138 million cryptocurrency payments through x402, the Coinbase-incubated protocol that lets software pay for online services automatically. The report, part of the blockchain analytics firm's annual Geography of Crypto series and focused on North America's $3 trillion crypto economy, frames "agentic commerce" as one of the sector's fastest-emerging use cases. The growth has been steep. Cumulative...

Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table Bitcoin fell 1.5% to $82,142 on Wednesday after U.S. inflation came in hotter than expected, dragging most of the crypto market down with it. Ethereum dropped 2.8% to $2,440, Solana lost 1.9%, and XRP slid 1.3%, while the total crypto market cap shed 0.7% to $2.8 trillion. The Consumer Price Index rose 0.6% in September and 3.7% over the past year, up from 3.4% in August, according to the Bureau of Labor Statistics. Economists expected 3.6%. Gasoline prices jumped 9.1% in a single month and accounted for more than half of the increase. Core CPI and Fed Response Core CPI, which strips out volatile food...

Bitcoin to $1M? Calamos CEO Doubles Down as Russia’s Biggest Bank Prepares Crypto Trading Calamos CEO Stands by $1 Million Bitcoin Call Calamos Investments CEO John Koudounis is standing by one of Bitcoin's most extreme institutional price forecasts as banks deepen their involvement with digital assets. In an interview published on Oct. 9, Koudounis reaffirmed his belief that Bitcoin will eventually reach $1 million. The head of the approximately $50 billion asset manager expects institutional adoption to accelerate as banks lend against Bitcoin. However, that thesis was put to a fresh test this week after Russia's largest bank secured permission to enter the country's regulated crypto market. Koudounis believes Bitcoin could...

Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry Strive Adds 3,311 Bitcoin as Warrants Covering 15.3 Million Shares Near Expiry Holders of Strive's traditional warrants have exercised $208 million worth ahead of their 5 p.m. ET expiry on Tuesday, adding that roughly 15.3 million remained. That figure matches the count of shares underlying the outstanding warrants in a company filing, not the number of warrants themselves. The Nasdaq-listed bitcoin treasury company also disclosed that it bought 3,311 BTC between Oct. 5 and Oct. 9 at an average of about $84,500 a coin, fees included. That took its stack from 29,462 BTC on Oct. 2 to 32,773 BTC a week later. Cash and cash equivalents rose to about $310.3...