Analyst: Institutions Will Send Bitcoin Into Price Discovery With Massive Moves

James Lavish, co-founder of the Bitcoin Opportunity Fund, a hybrid bitcoin-based fund, referred to the bullish outcome of institutional involvement in the bitcoin market. Lavish assessed that, due to the nature of their purchases, institutions will eventually take bitcoin into price discovery stages. Institutional Adoption to Send Bitcoin Into Price Discovery Stage, Analyst States While […] Original

AI Agents May Become Liquidity Drivers for Stablecoins: Paxos Labs Exec

The next wave of stablecoin adoption may not be led by people at all. Paxos Labs’ co-founder says AI agents could become the “X-factor,” instantly shifting liquidity to the most efficient issuers and turning market fragmentation into an advantage. With clearer regulations around stablecoins passing in the United States, the stablecoin market has surged past $300 billion, becoming one of crypto’s central narratives. However, fragmentation across issuers and jurisdictions remains a challenge.  As new entrants join an increasingly diverse field — from dollar-backed leaders like Tether and Circle, to synthetic…

Historical Risk Levels Say Dogecoin Price Has Not Topped Yet, More Upside Coming?

A new technical analysis is suggesting that Dogecoin’s current rally may still have room to grow. According to crypto analyst Kevin, the historical risk levels that usually mark cycle tops are currently nowhere near flashing red for Dogecoin.  Chart analysis of Dogecoin’s historical risk levels shows that the meme coin is still sitting in what looks like a mid-cycle phase, and the kind of overheated price action that preceeds exhaustion has not yet appeared. Dogecoin Historical Risk Levels Point To More Upside Kevin’s latest post on the social media platform…

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Judge Tosses 2022 Investor Lawsuit, Says Yuga NFTs Are Not Securities

A US judge has dismissed an investor lawsuit against Web3 company Yuga Labs, ruling that the case failed to show non-fungible tokens (NFTs) meet the legal definition of securities. Judge Fernando M. Olguin ruled the plaintiffs did not demonstrate how Bored Ape Yacht Club (BAYC), ApeCoin (APE) or other NFTs sold by Yuga satisfied the three conditions of the Howey test, a standard used by the Securities and Exchange Commission (SEC) to determine whether a transaction qualifies as an investment contract. The lawsuit was originally filed in 2022. Yuba Labs…

‘Upctober’ Ignites Crypto Frenzy: Bitcoin Flirts With $124K, BNB Breaks Records

Bitcoin ( BTC) nearly touched $124,000 on Oct. 3, fueled by “Upctober” optimism. The cryptocurrency peaked at $123,966 before settling below $122,000. Bitcoin Nears Breakout Amid ‘Upctober’ Optimism On Oct. 3, bitcoin ( BTC) came close to breaching the $124,000 mark, fueled by growing optimism around the “Upctober” narrative sweeping through the crypto economy. According […] Original

CleanSpark Sells $48.7M in Bitcoin, Treasury Tops 13K BTC in September

Bitcoin miner CleanSpark ended September with 13,011 BTC in its treasury after reporting year-over-year gains in efficiency and output. The company said monthly production rose 27% from September 2024, with 629 Bitcoin (BTC) mined, and sold 445 BTC for roughly $48.7 million at an average price of $109,568. In its Friday update, CleanSpark said that fleet efficiency improved 26% year over year, while its average operating hashrate for the month was 45.6 EH/s. CleanSpark has been selling part of its monthly Bitcoin production since April as part of a push…

Ethereum Foundation Converts $4.5M ETH to Stablecoins

The Ethereum Foundation (EF) announced plans to convert 1,000 Ether (ETH) into stablecoins to finance research, grants and donations, aligning with its broader treasury strategy and involvement in funding decentralized finance (DeFi) initiatives.  The sale, worth approximately $4.5 million at current prices, was executed via CoW Swap, a decentralized trading protocol that aggregates liquidity across multiple exchanges to offer users competitive prices without relying on a centralized intermediary. Neither the foundation’s announcement nor its treasury policy specified which stablecoins it would receive in exchange for the ETH. Source: Ethereum Foundation…

FDIC Set to Discuss Rule That May Shape Banks’ Crypto Relationships

The Federal Deposit Insurance Corporation’s board of directors is set to discuss proposed rules that could impact crypto firms amid allegations of debanking. In a Thursday notice, the FDIC said its board would consider a notice of proposed rulemaking “regarding prohibition on use of reputation risk by regulators.” Though the agenda did not explicitly mention debanking concerns tied to digital assets, acting FDIC chair Travis Hill has previously criticized regulators for using “reputation risk” as justification to prevent some banks from engaging in crypto activities, such as allowing clients to…