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In brief Bitcoin’s price is weathering a “fear-driven selloff,” according to Standard Chartered’s Geoff Kendrick. It could fall below $100,000, but that may be the last time, he wrote. After surging to new all-time highs, gold showed weakness on Tuesday. As investors react to developments between the U.S. and China over tariffs and trade, Bitcoin’s price will likely fall below the $100,000 mark before pushing toward new all-time highs, according to Standard Chartered’s Geoff Kendrick.In a Wednesday note, the global head of digital assets research at the bank wrote that “a dip below $100,000 seems inevitable, although the dump may…

During JPMorgan Chase’s 3rd Quarter earnings call, CEO Jamie Dimon warned of potential credit woes saying, “When you see one cockroach, there are probably more, and so everyone should be forewarned of this one.” Photographer: Samuel Corum/Bloomberg© 2025 Bloomberg Finance LPOn first blush, two of the biggest headlines in finance—subprime auto lender Tricolor and auto parts giant First Brands—appear to be disparate stories. Yet, they shared a single, fatal flaw: a complete lack of visibility into the collateral pledged against loans they secured from lenders.Tricolor allegedly double-pledged the same vehicles (via duplicated VINs) to secure multiple loans. First Brands reportedly…

The Ethena community-approved spot and perp DEX launched its mainnet with early access for USDe-based trading. Ethereal, the spot and perpetual futures DEX approved by Ethena community governance, announced in a Tuesday X thread that its mainnet alpha is now live, and a small group of users can start trading with USDe, a synthetic dollar stablecoin by Ethena Labs.First proposed to Ethena governance last year, Ethereal is described as the “only perps DEX building a complete all-in-one DeFi money app around USDe,” according to the project’s documentation. Under that plan, ENA holders are set to receive 15% of any future…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent letter, multiple Senate Democrats have raised concerns about a potential breach of federal ethics laws due to the US Special Envoy to the Middle East’s failure to divest from his crypto asset holdings. US Senators Question Witkoff’s Crypto Holdings On Wednesday, eight Senate Democrats, led by Senator Adam Schiff, questioned the US Special Envoy for peace missions, Steve Witkoff, about his digital asset ownership and his links to the Trump Family crypto ventures. In a letter shared by Fortune, the US lawmakers raised concerns…

Crypto chop continues, Gold drops, DraftKings buys prediction marketCrypto chop continues, tariff headlines dominate. ZEC breaks $300 before falling, leads altcoins. Waller signs Fed’s shift towards embracing crypto. ETH Foundation moves $654m ETH. BlackRock trying to pull in BTC whales to its ETFs. HK approves first SOL ETF. SOL ends support for Saga mobile phone. Galaxy profit jumps 1500% in record quarter. Bealls now accepting crypto payments. Aave outstanding loans hit $25b, to integrate Maple. Groups urge Trump to defend CFPB’s banking rule. Asian exchanges intensify scrutiny of DATs. Kadena winds down ops, KDA drops 60%.

In brief Meme stock traders have rallied behind Beyond Meat after noticing a stack of short sellers targeting the stock. Investors jumping on the trend are hoping to replicate the mania of GameStop’s 2021 short squeeze. So far, BYND has pumped by nearly 1,000% over the last five trading days. Meme stock traders believe that the plant-based food brand Beyond Meat is “the most shorted stock in the market,” echoing sentiments from 2021’s GameStop phenomenon.With that perspective gaining steam, BYND stock has now surged 963% over the past five days, according to TradingView. Nasdaq has already halted trading four times…

What is Bitcoin and who is it for? There are a plethora of catchphrases available on Twitter to cover this one. Bitcoin is for everyone… no wait, it’s for anyone! Bitcoin is a store of value. Bitcoin is a medium of exchange. We could do a classic appeal to authority and declare that Bitcoin is exactly what Satoshi described, “A Peer-to-Peer Electronic Cash System”.Bitcoin becomes what we make it. It serves the people we choose to build for. If we want Bitcoin to be a store of value or medium of exchange, we have to build the protocols and services…

In brief The NHL has signed multi-year licensing deals with prediction market startups Kalshi and Polymarket. Weekly prediction market volume surpassed $2 billion for the first time, with sports betting driving $414.7 million in volume last week. Major funding rounds have propelled valuations, with Kalshi recently raising $300 million and Polymarket securing $2 billion. The National Hockey League has inked multi-year licensing agreements with prediction market startups Kalshi and Polymarket, marking the first time a major U.S. professional sports league has authorized these platforms to use its trademarks.Prediction platforms will now compete with established sportsbook giants like DraftKings and FanDuel…

Key takeawaysBNB price must hold $1,000 support to avoid a deeper correction to $845.Spot taker CVD remains negative, suggesting waning demand.BNB (BNB) displayed weakness on Wednesday, down 10% over the last seven days, trading at $1,072. Multiple technical and onchain indicators suggest that the Binance-linked coin must hold the $1,000 support to avoid a deeper correction toward $845.BNB bulls need to defend $1,000 supportThe latest sell-off has seen the BNB price drop toward the $1,050 support level. Bulls were fighting to push BNB above this level to avoid further losses.“$BNB is holding strong around the $1,060 support zone after a…

ESRB warns of money-market fund-style stress on stablecoins.Dollar dominance of stablecoin hurts the EU’s digital finance ambitions.Stablecoin market grows to $308 billion.Stablecoins are already a $308 billion market that some suggest could reach $1 trillion by the end of this decade.But for the European Union Systemic Risk Board, the burgeoning market poses real risks for both crypto and traditional finance.In a report this month, the ESRB called for the EU’s Markets in Crypto-Assets, or MiCA, regulations to be strengthened against non-compliant stablecoins used by investors in the region.The report said such measures are necessary to protect the eurozone from disorderly…