Bitcoin (BTC) is down 'just' 32% a year after the record high of $126,000
In traditional markets, a drop that size would count as a crash. For bitcoin, that's a far gentler slide than in past bear markets
Macro
Rates, inflation, commodities and the dollar.
Crypto is expanding the boundaries of what can be priced
As the industry has matured, however, its focus has shifted to creating new markets instead of new assets. We have now three major examples in the form of prediction markets, oil and gold perpetuals on Hyperliquid, and pre-IPO perpetuals. These products created real-time, continuously tradable markets around existing things (news, commodities, private firms) that previously lacked them
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
Pantera Capital, Theta Blockchain Ventures, Bullish and Protoscale Capital also participated in the purchase of ANVL tokens, according to a Monday announcement. The terms and valuation of the transaction were not disclosed. Anvil told CoinDesk the tokens came from its existing treasury rather than being newly issued
Bitcoin dips below $84,000 as oil jumps on Iranian tanker attacks
DOGE led the losses among the majors, sliding 5% to about 9 cents. HYPE dropped nearly 4% to about $91, and ether lost 3.5% to about $2,610. XRP fell nearly 3% to about $1.46, while BNB, SOL, ZEC and TRX each slipped between 1% and 2.5%, according to CoinDesk data
Taurus outlines three technical hurdles for banks adopting Swift’s blockchain network
“If you want to connect today to the Swift ledger, you need three things,” Brahimi said in an interview with CoinDesk. “You need your own permissioned ledger that interacts with that of Swift, you need wallet capabilities, and you also need tokenization and smart-contract capabilities to be able to integrate the Swift smart contracts.”
Crypto trading giant GSR launches onchain vault business with $100M bet
The business, dubbed Hare, is being built alongside liquidity distribution platform Turtle and will create and manage onchain vaults. GSR's multi-year commitment will mostly take the form of a credit facility, with its capital going into Hare's products as anchor liquidity before outside investors arrive
Kazakhstan’s central bank explores stablecoin and tokenization projects with Tether
The National Bank of Kazakhstan (NBK), Tether and the Alatau City Authority signed a memorandum of understanding to study stablecoins, asset tokenization and decentralized finance, the parties said Wednesday in a press release
Crypto media firm Cointelegraph is looking for a buyer after Google penalty crushed web traffic
The amount of money the crypto media firm has been shopping itself for was not revealed by the source, who spoke on the condition of anonymity as the matter is private
Ethereum’s Glamsterdam test runs near 200 million gas per block after upgrade
The upgrade activated Tuesday on Sepolia, where developers try software with tokens that carry no real value before introducing it to Ethereum itself
How people use bitcoin (BTC)-backed loans beyond trading
Loans taken by locking up bitcoin BTC$82,800.62 as collateral are increasingly used to fund real-world expenses such as tuition fees, slow months, and business cash, according to two long-standing lenders
Standard Chartered to expand institutional crypto and RWA custody to Singapore
The service, which remains subject to applicable regulatory requirements, would be available to institutional clients and accredited investor corporate clients, the bank said Thursday. It would sit within Standard Chartered’s financing and securities-services business rather than operate as a retail crypto product
Ethereum researcher's AI security warning stirs debate as bitcoin extends slide: Crypto Markets Today
Ethereum Foundation researcher Justin Drake used a post on X, viewed almost 4 million times, to urge the industry to begin planning for what he called "bunker mode."
'Bunker mode' crypto shift forces custodians to rethink multi-chain key management
However, for banks and custodians, the harder issue may be whether their key management, approval and audit systems can cope as different blockchains adopt varying quantum-resistant security standards
Crypto for Advisors: Digital assets outran stocks and gold in Q3
Digital assets rebounded sharply in the third quarter of 2026, ending three consecutive quarters of losses and delivering their strongest performance of the year. As presented in CoinDesk’s latest Quarterly Review and Outlook, the recovery was shaped by easing geopolitical pressure, a more constructive liquidity backdrop and the return of institutional flows
U.S. government moves $1 billion in bitcoin tied to Bitfinex hack wallet
The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address, with a second transaction going to a different address. No exchange deposit was recorded, a pattern more consistent with wallet reshuffling than a sale
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes. What next?
“We will not be attacking Iran at any time prior to the Midterm Elections to be held in the United States on November 3rd,” Trump said in a Truth Social post, published at 12:17 p.m. ET
XRP Ledger adds new controls for banks, stablecoins and tokenized funds
The feature, called PermissionDelegationV1_1, activated on Oct. 8, according to monitoring site XRPL Dashboard. Upgrades require more than 80% support from trusted validators, the operators who confirm transactions, for two straight weeks. With the current list of 35, that means at least 29 supporters
Sam Altman-backed bitcoin (BTC) insurer Meanwhile raises $37.5 million investment
The funding round was led by existing investor Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo and others. The Bermuda-based company has now raised a total of $180 million, according to an emailed announcement on Thursday
Trump's Iran pledge underpins crypto gains as bitcoin (BTC) bears face liquidation pressure: Crypto Daily
Bitcoin BTC$82,800.62 held near $82,600 after President Donald Trump said he would not strike Iran before the U.S. midterm elections, pulling the largest cryptocurrency off Thursday’s low of roughly $80,400 and turning the liquidation pressure onto bearish traders
Zcash developers set January target for quantum-resistant payments after ‘bunker mode’ scare
“Our team plans for post-quantum signature opcodes to land in Zcash in January,” Roman Akhtariev wrote in an engineering post for Zakura, one of the programs used to run the Zcash network and validate its transactions
Ledger investigates potential wallet tampering after reports of $86 million in crypto stolen
Pseudonymous blockchain investigator Specter said on X that more than $86 million in crypto may have been stolen from hundreds of wallets. There hasn’t been any independent confirmation of the amount of user assets affected
Newer AI models missed more payment fraud in Coinbase’s benchmark
A fixed historical replay found weaker fraud coverage across three model upgrades, while GPT’s precision improved
BREAKING: Security Vulnerability Discovered in Popular Altcoin - Block Production Halted
Developers have discovered a significant security vulnerability in one of the cryptocurrency market's popular altcoins
BlackRock offloaded almost $500 million of this crypto in a week
BlackRock’s spot Ethereum (ETH) ETF recorded nearly $500 million in net outflows over the five trading sessions ending October 9.