Bitcoin, Ethereum and the rest of crypto: price drivers, regulation, ETF flows and on-chain events.
Illustrative · UnsplashRipple received final OCC approval for Ripple National Trust Bank to manage segregated reserves backing RLUSD stablecoin. US spot Bitcoin ETFs recorded $110 million net inflows after $774 million in prior withdrawals. Ethereum postponed Hoodi testnet fork after identification of 13 potentially affected smart contracts.
Every edition keeps its sources and the mood it reported at the time.
Strategy made no Bitcoin purchases or sales for the week of October 19-25, holding steady at 848,517 BTC acquired for $64.02 billion at an average of $75,446 per BTC; the company repurchased 2,068,459 shares of its STRC preferred stock for $204.9 million. Strive acquired 6,182 BTC between October 17 and 23, its largest purchase to date; total Bitcoin holdings now stand at 43,000 BTC; the company also established a $1 billion ATM program for its SATS preferred stock.
The SEC proposed rules titled Regulation Crypto Assets to create a tailored securities offering regime for certain crypto investment contracts. Bitcoin advanced roughly 23% for the week in its largest weekly gain since March 2023 supported by declining yields and crypto policy optimism. President Trump hosted crypto industry leaders at the White House on August 19 and called on Congress to pass a fair version of the Clarity Act.
President Trump met with two dozen cryptocurrency industry leaders at the White House and called on Congress to pass the CLARITY Act for digital asset legislation. Bitcoin rose 5.2% to around $71,880 and Ether rose over 9% to $2,289 following the meeting. The SEC proposed Regulation Crypto Assets creating exemptions for certain crypto asset investment contracts up to $5 million over four years and $75 million per 12-month period with state securities law preemption.
Where each beat stood in the latest edition.
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Open HealthNeutralHealth & ScienceAfrica CDC sends Ebola experts to investigate Nigeria's first case in over a decade
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