The latest in digital assets, markets and regulation.
JPMorgan projects Bitcoin will yield 10% annually over the next decade, outperforming stocks and gold. However, the bank warns that volatile correlations make it unsuitable for portfolio diversification, labeling it a speculative hedge against monetary easing.
ECB Executive Board member Frank Elderson argues that regulatory simplification must not compromise banking resilience. He identifies market fragmentation as the main barrier to European competitiveness and proposes raising the small-bank threshold to €10 billion. Elderson also warns of AI-driven cyber risks and non-bank interconnections.
Sophon set a Nov. 25 deadline for users to withdraw assets before shutting down its Ethereum layer-2 mainnet. The move follows a June decision to migrate to Base due to high maintenance costs, mirroring Abstract's recent closure announcement.
US spot Bitcoin ETFs saw $526.7M in net inflows on Monday, the highest since Sept. 22, driven largely by BlackRock’s IBIT. Conversely, Ether ETFs recorded $103.3M in outflows, extending a three-week losing streak.
DHS ordered the immediate removal of DeepSeek products and related third-party services from federal civilian IT systems, citing data exposure risks to China. The ban prohibits new purchases and expands earlier restrictions, mirroring actions taken by Australia in early 2025.
First-time users in Scottsdale, Arizona, successfully paid for gyros and coffee using Bitcoin via Lightning wallets. Despite the state's 2025 reserve legislation lacking coin purchases, over 219 merchants now accept BTC, demonstrating practical consumer adoption independent of government action.
Corporate Bitcoin buying slowed sharply in Q3 2026 as stock premiums collapsed, prompting analysts to predict selective future growth. Established players may attract capital first, while smaller firms abandon treasury strategies amid stricter investor scrutiny on funding costs.
IMF warns AI borrowing raises debt costs; U.S. Treasury dismisses $40 trillion debt concerns. Russia attends G20 amid protests, while China sees reduced risk focus due to perceived U.S.-China stability.
AnchorWatch Trust Company launched Nevada-chartered Bitcoin custody with fees capped at $10,000 monthly, offering up to $370 million in client-named insurance via Lloyd’s syndicates. The service includes multi-institution key distribution to reduce concentration risk for public companies and high-net-worth individuals.
XRP Ledger developers added a second amendment to fix the new lending protocol before it goes live. The patch addresses flaws in the original code while it awaits validator approval, ensuring the feature launches securely rather than requiring post-deployment repairs.
Anthropic commits 5% of shares to a Public Benefit Fund before its IPO, totaling ~20% with other pledges. Elon Musk counters by promising SpaceX shares to all U.S. children, citing direct distribution over fund structures.
SkyAI sold its entire Solana treasury and launched a $201.3 million tender offer to repurchase shares and warrants. The company holds $223.8 million in cash post-liquidation, reversing its prior crypto accumulation strategy while continuing to develop an AI-driven financial platform on Solana.