Bitcoin’s realized cap rise in the 30 days to Oct. 5 came mostly from existing holders, not fresh capital, Glassnode data showed. Bitcoin (BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points: Read moreContinue Reading

ESMA urged EU crypto firms to halt services involving non-MiCA-compliant stablecoins, giving regulators three months to address existing exposures. The European Securities and Markets Authority (ESMA) has urged EU crypto firms to stop providing services involving stablecoins that aren’t compliant with the Markets in Crypto-Assets Regulation (MiCA) framework, setting a three-month deadline to address existing...Continue Reading

Greece’s draft bill proposes a 10% tax on crypto capital gains, with exemptions for annual gains of up to 500 euros and crypto-to-crypto swaps. Greece’s Ministry of National Economy and Finance published a draft bill on Wednesday proposing a 10% tax on individuals’ crypto capital gains, with an exemption for annual gains of up to...Continue Reading

Eligible US Galaxy will be able to send USDC to crypto wallets and transfer funds to bank accounts in more than 60 countries. Samsung plans to introduce USDC transfers to the Samsung Wallet payment app for eligible US Galaxy users in the last week of October. The company announced that the feature will let users...Continue Reading

NEAR climbed into the top 20 cryptocurrencies by market capitalization, as NEAR Intents surpassed $31 billion in cumulative transaction volume. NEAR Protocol’s native token entered the top 20 cryptocurrencies by market capitalization on Thursday after rising $138% in the last 30 days, according to CoinGecko.  At the time of writing, NEAR traded around $5.51, up...Continue Reading

Standard Chartered plans custody for cryptocurrencies, stablecoins and tokenized assets for institutional and eligible corporate clients in Singapore. Standard Chartered announced plans to launch digital asset custody services for institutional clients in Singapore. The London-headquartered multinational bank plans to offer custody services for select cryptocurrencies, stablecoins and tokenized real-world assets to institutional clients and corporate...Continue Reading

Bitcoin ETFs erased October’s net inflows with $485 million in withdrawals, while Ether funds logged a seventh straight outflow session. US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow. The withdrawals were the largest since June 25, when the funds lost $691.7 million, according...Continue Reading

Former New York Governor Andrew Cuomo urged the crypto industry to balance its support for Democrats and Republicans if they want federal crypto legislation passed. The crypto industry’s heavy backing of US Republicans has alienated Democrats whose support is needed to pass federal crypto legislation, says former New York Governor Andrew Cuomo. Speaking in a...Continue Reading

Canton CEO Yuval Rooz compared blockchain adoption to Uber and Airbnb, arguing that widespread adoption could help insulate it from potential policy reversals. Digital Asset co-founder and CEO Yuval Rooz said the crypto industry should use the current regulatory environment to accelerate institutional adoption, arguing that widespread use of blockchain could make it harder for...Continue Reading

The Ethereum researcher said crypto users should consider moving funds to fresh addresses, warning AI could threaten private-key security before quantum computers do. Ethereum researcher Justin Drake has urged the industry to prepare for “bunker mode,” recommending users gradually move assets to fresh addresses amid concerns that advances in artificial intelligence could undermine the cryptography...Continue Reading