Brad Garlinghouse, the CEO of Ripple Labs, called out the Wall Street banking lobbyists who have sought to resist the movement of his company and other crypto firms into the banking sector and into the Federal Reserve’s so-called master accounts. The crypto sector “should be held to the same standard” on money-laundering protections and other
Bitcoin price is trading near $111,500. Losing this region could trigger a deeper correction below $100,000 toward the $97,700 range low. Summary Bitcoin trades within a $126K–$97.7K high-timeframe range. $111.5K acts as the key pivot for short-term direction. Losing this level could drive a correction below $100K before recovery. Bitcoin’s (BTC) price is entering a
Summary BTC price is trading around $112k-$113k ahead of the October 24, 2025, CPI report, as traders brace for extreme volatility. Derivatives posture is highly leveraged, with open interest and implied volatility indicating an impending major move. ETF inflows totaled over $2.7 billion in early October; however, daily flows remain erratic, indicating institutional hesitancy. A
Follow the Leader Having previously warned of the regulatory risks presented by platforms that enable users to monitor and copy trades made by successful traders, Robinhood seems to have decided that if you can’t beat them (or maybe more to the point, they have beaten the regulators), you might as well join them. Join IG,
Indian telecom giant Reliance Jio is partnering with Aptos Foundation and Aptos Labs to bring blockchain-based rewards to its more than 500 million customers. Jio, the country’s largest mobile network operator, plans to integrate Aptos’ layer-1 blockchain to distribute digital rewards through its telecom services. The move was announced by the company’s general manager and
Zeta Network is using Bitcoin as the foundation for a major expansion of its treasury. The company said it leveraged SolvBTC to secure a $231 million investment dedicated to scaling its financial resources. Summary Zeta Network secured a $231 million Bitcoin-backed investment through a private placement using SolvBTC, a yield-generating wrapped Bitcoin token. The deal
Last Friday, the Bitcoin market faced difficulties. In a few hours, the price of BTC plummeted from over $120,000 to less than $110,000, but still stopping above $100,000. However, it remained below $110,000 for just over an hour, and then it immediately bounced back. In fact, it returned there on Sunday, five times, but never
The U.S. Office of the Comptroller of the Currency has granted conditional national bank status to Erebor Bank, a new tech-oriented bank seeking to rise into the gap left by the collapse of several such lenders in 2023, including Silicon Valley Bank. OCC chief Jonathan Gould said the Wednesday approval — the first new-bank charter
The U.S. government now possesses an additional $14 billion more in Bitcoin. The only question is: What are they going to do with all that digital gold? On Tuesday, the Department of Justice announced it had successfully seized over $14.4 billion worth of Bitcoin from Chen Zhi, the head of a Cambodia-based business conglomerate alleged
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Monad Opens Airdrop Portal Ahead of Token Launch Ethereum’s Fusaka Rolls Out on Sepolia; Hoodi Testnet Up Next Monero Releases Privacy Boost Against Sneaky Network Nodes Ethereum Foundation Expands