Fed Stands Pat, Bitcoin Holds Steady—But a December Rate Hike Is in Play The Federal Reserve held its benchmark interest rate steady on Wednesday, voting 10-2 to keep the federal funds target range at 3.75% to 4.00%. The decision marked a pause after the central bank resumed rate hikes in September, while leaving the door…
Bitcoin slipped nearly 2% ahead of Strategy’s third-quarter results, narrowing the gap between the value of the company’s Bitcoin reserve and what it paid to build it. CoinDesk reported that the largest corporate holder’s coins were worth only about 6% more than their purchase cost. The move puts renewed attention on a corporate Bitcoin treasury…
Ripple Roars Toward $900M Milestone as XRP Gains Wall Street Access Ripple’s push deeper into institutional finance is accelerating, with the company approaching a projected $900 million annualized product revenue run rate as custody and payment channels linked to XRP expand. The move underscores Ripple’s broader strategy of combining payments, trading, treasury management, and digital-asset…
Solana Breakpoint London Expands Lineup With Revolut Chair and Former UK Leaders The Solana Foundation has added a new wave of speakers to its Breakpoint 2026 conference in London, bringing senior political figures and financial-services leaders into the lineup alongside executives building on Solana. In an update announced on Oct. 27, the foundation said the…
JUDGES SPLIT ON SEC’S CRYPTO SWEEP The Fifth Circuit just handed the SEC a narrow win but a broader headache. In a 2-1 split, the court refused to block the agency’s enforcement action against a crypto platform, yet it simultaneously flagged serious constitutional concerns about how the agency picks its targets. The ruling keeps the…
Court Slams Brakes on Envy Blockchain’s Texas Escape Plan Texas judges just blocked a crypto mining startup from dodging a civil suit by claiming it had no real ties to the state. The Eighth Court of Appeals refused to let Envy Blockchain and its co-defendants wipe the case off the docket through an emergency mandamus…
Robinhood Misses Q3 Earnings as Crypto Revenue Falls and Prediction Market Bets Grow Robinhood reported third-quarter 2026 results that showed continued growth in its core trading business and prediction markets, but weaker cryptocurrency activity weighed on the overall picture. For the quarter ended Sept. 30, Robinhood posted total net revenue of $1.42 billion, up 12%…
Coinbase Slaps Down SEC, Wins Major Crypto Appeal In a stunning rebuke to federal regulators, the Third Circuit Court of Appeals has ordered the Securities and Exchange Commission to reconsider its refusal to clarify crypto trading rules, handing Coinbase a procedural victory that could reshape how digital assets are policed. The ruling forces the agency…
SEC Victory Locks Bilzerian’s Fortune, Crypto Hopes Take Hit The District of Columbia federal court just reaffirmed a 23-year-old asset freeze against Paul Bilzerian, slamming the door on any attempt by the notorious 1980s raider to claw back seized funds. In a terse, two-page order, Judge Royce Lamberth ruled that Bilzerian’s latest motion to dissolve…
Bitcoin commentator Mike Alfred has said bitcoin will reach $100,000 by Thanksgiving, a view published as of October 28, 2026, after the asset recovered above $81,000. His call rests in part on a reported concentration of leveraged short positions near $84,000, although that position data has not been independently confirmed in the exchange liquidation reports…
Listed companies are increasingly using a new SEC process to object to blockchain-based versions of their shares being traded on a proposed venue operated by OKX and Intercontinental Exchange. The objections do not amount to a broad prohibition on tokenized stocks, but they create a practical constraint for a market structure that depends on issuer…
SEC Loses Key Appeal Over Crypto Investment Contracts A federal appeals court just handed the SEC a setback in its campaign to police digital assets, ruling that certain blockchain-based sales arrangements are not automatically securities. The decision narrows the agency’s reach and hands exchanges and DeFi projects fresh ammunition to push back against enforcement actions….
Itaú Unibanco has notified Brazil’s central bank of its cryptocurrency trading and custody operations, becoming the first bank in the country to formalize such activity under the new digital-asset framework. The filing places an existing service, rather than a newly announced product, into the regulatory process established for institutions already authorized to operate in Brazil’s…
Court Slaps SEC in Major Crypto Classification Ruling The Supreme Court just handed the SEC a stunning procedural defeat that could reshape how digital assets are regulated. By siding with a crypto firm over the Commission’s broad enforcement tactics, the justices signaled that the agency’s aggressive “everything is a security” approach may finally hit a…
Coinbase says a security incident at analytics provider Amplitude exposed contact information connected to a small subset of its customers. The exchange says its own systems were not accessed without authorization and that customer funds remain safe. The disclosure has drawn attention because contact details can be used in phishing and social-engineering campaigns, even where…
Judge Slaps CFTC in Kitchen Appeal, Redefines Crypto Oversight The D.C. Circuit just reversed the CFTC’s penalty against trader Trevor Kitchen, ruling that the agency exceeded its authority when it treated crypto-based perpetual contracts as futures without proving they were offered on a U.S. exchange. The decision lands like a thunderclap, instantly narrowing the CFTC’s…
Bithumb has confirmed that an unauthorized external party accessed its internal mobile groupware system and leaked personal information, adding the crypto exchange to a series of cybersecurity incidents reported by South Korean financial companies on Wednesday. The scope of the Bithumb incident remains unsettled. Reuters reported that the exchange was investigating whether its member data…
DoubleZero Brings Kalshi Election Data to Crypto Traders DoubleZero is expanding access to Kalshi’s political market data ahead of the U.S. midterm elections. The move gives institutional and automated traders real-time election-market information as betting activity continues to accelerate. The catalyst is the growing demand for political prediction data. Kalshi’s markets track outcomes tied to…
Investor who urged a crypto-to-AI pivot in 2023 says bitcoin could revisit $57,000 Technology investor and podcast host Jason Calacanis urged followers to sell bitcoin on Tuesday, arguing that the cryptocurrency could fall back to $57,000 within the next 12 months and would not set another record high. Bitcoin was trading near $79,600 at the…
Bank Tests Proprietary Stablecoin Across Stellar Network A US bank has tested its proprietary USBDC stablecoin in a cross-border transfer between its North American and European entities. The transaction took place on the public Stellar blockchain, offering a live example of how banks could use blockchain rails to move money internationally. The pilot was sparked…
