The brief

Market mood▼ Bearish

AI-assisted A summary of our reporting on this date. Highlighted phrases link to the full story.

Bitcoin broke below Tuesday's low, touching about $80,150, as Seoul stocks sold off, First Print reports.

The EU's banking regulator named USDC the first significant e-money token under MiCA, taking over reserve supervision from 12 November.

Kraken's parent Payward agreed to buy Lithuania's Saldo Bank, which would give it an EU banking licence.

The White House's top crypto adviser, Patrick Witt, has left the President's digital-asset council, with no successor named.

Babylon asked Aave to accept native bitcoin as loan collateral on V4, without wrapping it.

A 1.3% jump in US producer prices, the biggest since 2022, sent bitcoin below $80,000 for the first time since 18 September as Wall Street opened.

Bank-backed Qivalis won a Dutch e-money licence for its planned euro stablecoin, which still needs a MiCA white paper before launch.

US spot bitcoin ETFs lost $261.4 million on CPI day, their worst session since 7 Oct, with BlackRock's IBIT and Fidelity's FBTC both redeeming, Farside data show.

VanEck pulled its filing for a Lido staked-ether ETF, a fund that would have held stETH, a year after first filing it.

Australia's securities regulator proposed custody, trading and capital rules for crypto platforms, with licence applications due by October 2027.

Bitcoin rebounded to about $82,300 after a $79,709 low on the PPI open, with Friday's Deribit expiry still stacked with $78,000 and $80,000 puts.

Mastercard and BVNK launched Global Money Platform, a single API for fiat and stablecoin accounts, cards and payouts, with Nuvei and Marqeta among the first users.

Markets today

Prices from CoinLore, sentiment from Alternative.me
CoinPrice24h7 daysMarket capLatest coverage
BitcoinBTC $82,501.81 1.07% up 0.38% down $1.65T Bitcoin rebounds to $82,300. Friday’s put wall is next
EthereumETH $2,459.90 1.80% up 3.85% down $301B VanEck withdraws Lido staked ether ETF filing a year after S-1
SolanaSOL $105.94 1.38% up 7.60% down $57.5B Solana’s Alpenglow upgrade will replace TowerBFT on 21 Oct
XRPXRP $1.34 0.51% up 4.70% down $80.2B XRP Ledger patched a bug that could have created XRP from nothing
Binance CoinBNB $730.63 0.23% up 4.92% down $102B Coin Levels 9 Oct: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ADA
Total crypto market$2.75T1.24% up
Traded in 24 hours$150B
Share of the market

Bitcoin 60.0%Ether 11.0%Others 29.0%

Fear & Greed Index

53Neutral62 yesterday

Understand the essentials

All guides
What is a MiCA-compliant stablecoin? The EU’s rules, explained GuideWhat is a MiCA-compliant stablecoin? The EU’s rules, explainedUnder MiCA, a stablecoin offered in the EU needs an authorised issuer, full reserves and redemption at par. Here's what that means for you.7 min read What is a quantum attack on bitcoin? Exposed keys, explained GuideWhat is a quantum attack on bitcoin? Exposed keys, explainedQuantum computers can't break bitcoin today. Here's what a future attack would target, why some coins are more exposed than others and what you can do.8 min read What are tokenized stocks? How on-chain shares work and what you own GuideWhat are tokenized stocks? How on-chain shares work and what you ownTokenized stocks are crypto tokens that track a company's shares. Some are real shares recorded on a blockchain; many are a separate product that only follows the price. This guide explains the models, the rules in the US and EU, and what can go wrong.8 min read What are crypto liquidations? How leverage can wipe out a trade GuideWhat are crypto liquidations? How leverage can wipe out a tradeCrypto liquidations happen when an exchange automatically closes a trader's leveraged position because losses have eaten through the collateral, or margin, backing it. The trader loses most or all of that margin. Liquidations are why crypto prices sometimes fall or jump much faster than the news alone would suggest.6 min read What is a crypto custodian? How custody works, and who holds your keys GuideWhat is a crypto custodian? How custody works, and who holds your keysA crypto custodian is a company that safeguards the private keys to digital assets on behalf of clients. This guide explains how custody works, who the main types of custodian are, how the rules differ in the US and EU, and what can go wrong.7 min read What is DeFi lending? How crypto loans work without a bank GuideWhat is DeFi lending? How crypto loans work without a bankDeFi lending lets you lend and borrow crypto through smart contracts instead of a bank. Borrowers lock up more collateral than they borrow, and anyone can liquidate a loan that becomes unsafe.6 min read

The desks

Every beat we cover, newest first

Bitcoin

Coinbase sets out what it wants from bitcoin’s post-quantum upgrade All 82 Bitcoin stories

Ethereum

Interactive Brokers launches Ethereum staking for clients through zerohash All 33 Ethereum stories

Altcoins

Aptos turns on an encrypted mempool that hides transactions until blocks are final All 33 Altcoins stories

Regulation

South Korea blocks 27 unregistered crypto exchange websites, including KuCoin and MEXC All 23 Regulation stories

Markets

Bitcoin Hits $65K As Failed Breakouts And ETF Outflows Drag Market All 8 Markets stories

Institutional

Evernorth closes its SPAC merger with 473M XRP; 80% of public shares redeemed All 13 Institutional stories

Our reporters

All authors

All news

158 articles, page 4 of 16
Bitcoin ETFsETF Desk: bitcoin ETFs take in $21.1M on 9 Oct, ending a two-day outflow runBlackRock's IBIT took in $22.4 million on Friday, enough to tip bitcoin funds back into inflows after $729.0 million of redemptions on Wednesday and Thursday. Ether funds extended their outflow run to nine days.2 min read Crypto CrimeSecurity Alert, update: $92.9M traced from 311 wallets in the Ledger reseller drain; Tether froze $10MA blockchain-data firm now counts $92.9 million taken from 311 wallets on five chains. Tether has frozen $10 million in USDT, and about $15 million was swapped into a stablecoin Tether cannot freeze. Ledger has not confirmed a cause.4 min read CFTCCFTC proposes to write event contracts into the definition of ‘swap’Two documents issued on Friday evening aim to settle who regulates prediction markets. One draws a line around sportsbooks. The other would put event contracts inside the CFTC's own rulebook.3 min read DeFiAerodrome and Velodrome set 21 Oct upgrade to Aero, with VELO at about 0.044 AEROTwo DEXs that hold about $431 million between them become one exchange across seven chains. The upgrade is one-way, and nothing converts automatically.2 min read AMLJapan’s FSA urges early end to ID-photo KYC, crypto exchanges includedJapan's Financial Services Agency (FSA) asked financial institutions on Friday to stop accepting photos of identity documents for online account opening before the legal cut-off. The agency cited a run of customer-data leaks.2 min read DeFiStarknet weighs becoming its own L1 to be quantum-safe by 2027An Ethereum layer 2 wants to own its upgrade clock. The idea has moved the token, but nothing has been proposed, costed or voted on.2 min read crypto enforcementBessent: US will ‘probably’ seize $1 billion in Iran-linked cryptoThe Treasury Secretary gave no wallets, tokens or legal basis. No Treasury or Justice Department announcement of a seizure had appeared by Friday evening.2 min read BitcoinBitcoin ends the week near $82K. Positioning is leaning long againSpot recovered from Thursday's $80,328.6 low without fresh leverage, but long positions are back near two to one. Here is what we are watching into the weekend and Wednesday's CPI.4 min read crypto enforcementTether blacklists four THORChain vaults on Tron, then reversesFour of the vault addresses THORChain uses to hold USDT on Tron were added to Tether's blacklist at 12:09 UTC on Friday and removed 3 hours 21 minutes later. Tether has not said why.3 min read crypto enforcementCelsius’s Mashinsky gets lifetime ban in New York deal of up to $35MThe attorney general says the former Celsius chief executive is barred for life from the securities, commodities and crypto industries. The payments depend on his federal case.3 min read