Day: October 16, 2025

California Law Preserves Abandoned Bitcoin Holdings

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Over the weekend, California Governor Gavin Newsom signed a bill into law that preserves abandoned Bitcoin (BTC) holdings — a step forward that could provide legal clarity for custodians and crypto holders. The bill was an update to unclaimed property law (UPL) and contained one key provision: Abandoned Bitcoin or crypto holdings that are transferred to the state must be maintained in their original format (not sold for cash) for a certain amount of time. States with similar laws require that crypto be liquidated into cash immediately. This can create…

What Is Driving LAB Token’s 200% Price Rally?

Key Notes LAB token rallied over 200%, reaching a high of $0.2581 before consolidating near $0.2198. Market cap surpassed $51 million, while trading volume jumped nearly 12%. Technical indicators show strong bullish momentum but hint at short-term profit-taking. LAB token has taken the crypto market by surprise, skyrocketing from a daily low of $0.08582 to a high of $0.2581, marking an impressive 200% rally within a short time frame. At the time of writing, LAB trades around $0.2198, maintaining much of its explosive gains. The token’s trading volume has surged…

How Synthetix, Ronin and Celo saw the light

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In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi — it has seven times more TVL than its nearest rival — while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the “extractive” L2 roadmap was at its peak, mobile payments network Celo quietly closed down…

Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!”

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Michael Saylor’s latest push to steady Bitcoin holders arrived as markets wobbled this week. A 15-second clip and a fresh corporate buy were timed closely, and both landed while investors were still digesting a sharp pullback that pushed Bitcoin near $102,000 before a rebound. Related Reading Saylor Issues Viral Warning According to a short cinematic video titled “Don’t Feed The [Bitcoin] Bears,” Saylor used a playful metaphor — “Ursus Bitcoinius, the Bitcoin Bear” — to urge holders not to reward bearish chatter. Based on reports, Strategy, formerly MicroStrategy, also announced…

Privacy 2.0: Encrypted Computing’s Blockchain Revolution

One of the core tenets of blockchain protocols has been the provision of privacy for users, even if the chains are publicly verifiable and relatively transparent. This is becoming increasingly important as personal privacy rights seem to be eroding, evidenced by the European Union’s recent push for a chat control law that would allow mass scanning of private communications and encrypted messages. The latest episode of The Clear Crypto Podcast delves into the importance of privacy-preserving protocols in conversation with Yannik Schrade, co-founder and CEO of Arcium. Schrade unpacks the…

Is the bull market over? #Bitcoin #crypto #cryptotrading

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Standard Chartered Named OKX’s Institutional Custodian In EEA

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Standard Chartered, a major global banking group, is deepening ties with cryptocurrency exchange OKX, becoming its institutional custodian in the European Economic Area (EEA). Standard Chartered and OKX launched a collateral mirroring program in the EEA, allowing local institutional clients to keep their crypto directly in Standard Chartered’s custody, OKX announced on Wednesday. The launch marks an expansion of a pilot initially launched in Dubai in April, aiming to enable institutions to keep their assets with a globally systemically important bank (G-SIB) while mirroring the balances into OKX for trading.…

Mt. Gox Repayment Triggers $544M Crypto Liquidations

Key Notes Bitcoin whales have begun mild profit-taking, with wallets holding 10–10,000 BTC selling 17,554 BTC. Crypto market volatility has surged ahead of key macro events such as the expected Fed rate cuts by month-end. Mt. Gox’s 34,000 BTC repayment deadline looms on October 31, 2025, raising fears of renewed sell-side pressure. Crypto market liquidations have once again increased to a massive $538 million, as Bitcoin and altcoins faced yet another selling pressure. BTC BTC $111 176 24h volatility: 0.8% Market cap: $2.21 T Vol. 24h: $70.18 B is down…