Japan’s FSA May Let Banks Hold Bitcoin and Other Cryptocurrencies

Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday…

L1 Is The New Battleground, And The Playing Field Isn’t Even

Opinion by: Ray Song, founder at aPriori When you’ve been around markets long enough, you start to see patterns. The tools we trade on and the rails we build on are never static. In crypto, one of the biggest shifts happening right now is at the base layer. For years, the layer 1 conversation was…

BitMine Buys $1.5B In Ether As Tom Lee Remains Bullish On ETH

Fundstrat’s Tom Lee has echoed the sentiment that digital asset treasury hype may be coming to an end, but remains bullish on Ether, having purchased $1.5 billion worth since the market crash. BitMine Immersion Technologies has scooped up a total of 379,271 Ether (ETH) worth almost $1.5 billion since the record crypto market liquidation event…

Japan’s FSA May Let Banks Hold Bitcoin and Other Cryptocurrencies

Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as current supervisory guidelines, revised in 2020, effectively ban banks from holding crypto due to volatility risks, according to a Sunday…

Bitcoin Price Shows Signs That $126K Was The Peak

Key takeaways: Market analysts say the Bitcoin bull run could soon come to an end.   BTC price risks a 50% correction to $52,200 if key support levels fail, according to technical analysis. Bitcoin (BTC) fell to $103,500 on Friday, resulting in over $916 million in liquidations of leveraged long positions and dampening sentiment in BTC…

Galaxy Analyst Explains Why Bull Run Is Far From Over

October’s wobble hasn’t broken the cycle, Alex Thorn, Galaxy Digital’s head of research, argues. The note was first sent to subscribers of Galaxy Research’s Weekly Research Brief and later reproduced on X. Thorn says the Oct. 10 sell-off began with high leverage slamming into thin order books, then worsened as exchange auto-deleveraging capped some market-maker…

Bollinger Spots W Bottoms In Ether And Solana Charts

Renowned technical analyst John Bollinger has identified patterns in Ether and Solana charts that could suggest a big move ahead, especially if something similar happens with Bitcoin. John Bollinger has identified “potential ‘W’ bottoms” in Bollinger Bands, a volatility indicator that he invented, on Ether (ETH) and Solana (SOL) charts, but the pattern has yet…

Bollinger Spots W Bottoms In Ether And Solana Charts

Renowned technical analyst John Bollinger has identified patterns in Ether and Solana charts that could suggest a big move ahead, especially if something similar happens with Bitcoin. John Bollinger has identified “potential ‘W’ bottoms” in Bollinger Bands, a volatility indicator that he invented, on Ether (ETH) and Solana (SOL) charts, but the pattern has yet…

Stablecoins Are Just CBDCs in Privately-Issued Wrapper: VC

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability,…

Bitcoin, Altcoins Continue Sell-off: Is Uptober Over?

Key points: Bitcoin is finding buying support below the $107,000 level, but the relief rally is likely to be sold into. Several altcoins have reached strong support levels, but the lack of a solid rebound suggests the downward pressure may continue for a while. Bitcoin (BTC) remains under pressure as bears attempt to maintain the…