Basel Committee To Review Crypto Risk Weighting For Banks

Today in crypto, the chair of the Basel Committee on Banking Supervision told the FT they may need a “different approach” to the current 1,250% risk weighting for crypto exposures that applies to banks, US Senator Tim Scott said he’s pushing a vote on the crypto market structure bill in December, and a Cloudflare outage…

BTC’s Drop To $90K Signals A Deep Capitulation Phase, And Buy Signal

Bitcoin’s (BTC) drawdown on Monday pushed the asset into a 26.7% loss, narrowly overtaking the 26.5% slide seen in April, and marking the steepest correction of the current bull market. The move red-lined multiple market structure indicators, suggesting the current correction could be a final leverage washout phase. Bitcoin bull market correction levels. Source: CryptoQuant…

2026 May See a Surge of Crypto ETF Approvals — Analyst

The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at…

Kenya Warns No Licensed VASPs as Bitcoin ATMs Appear in Malls

Bitcoin ATMs were spotted across major shopping malls in Nairobi days after Kenya implemented its first comprehensive cryptocurrency law, creating an immediate stress test for regulators who claim that no crypto provider is yet authorized to operate.  Local media outlet Capital News reported that several major malls across Nairobi had new machines branded “Bankless Bitcoin”…

Researcher Claims Coinbase Developing Kalshi Powered Prediction Market

Crypto exchange Coinbase is working on creating a website for a prediction markets platform, according to a tech researcher who posted screenshots seemingly indicating it will be backed by Kalshi. Jane Manchun Wong, a tech researcher and blogger known for discovering in-development features on Big Tech sites, posted to X on Tuesday that Coinbase is…

Bitcoin ETFs Sales Near $3B, Threaten Worst Month On Record

Bitcoin exchange-traded funds (ETFs) are closing in on $3 billion in net outflows for November, putting the products on track for their worst month yet after BlackRock’s fund logged its biggest day of redemptions on record. US spot Bitcoin (BTC) ETFs extended their five-day losing streak Tuesday, logging another $372 million in net negative outflows,…

Basel Rethinks Crypto Rules After US, UK Pushback

Global bank regulators are preparing to revisit their most stringent crypto rules after the United States and the United Kingdom refused to implement them, a move that threatens to unravel the long-standing consensus of the Basel Committee.  In an interview with the Financial Times, Erik Thedéen, the governor of the Swedish central bank and chair…

Bitcoin Signals Decline Toward $75K After Breaking 2023-Era Support

Key takeaways: Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target. BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end. Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize…

Senators Call for Probe Into Trump-Linked Crypto Firm Over Security Risks

World Liberty Financial, a crypto company closely tied to US President Donald Trump and his family, is facing fresh scrutiny after two Democratic Party senators urged federal regulators to investigate the firm over alleged ties to sanctioned actors in North Korea and Russia. In a letter sent to Attorney General Pamela Bondi and Treasury Secretary…

BlackRock's Bitcoin ETF, IBIT, Posts Record One-Day Outflow of $523.2 Million

The average spot bitcoin ETF buyer sits near a $90,000 cost basis, leaving most investors roughly flat. Source link