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Stablecoin transfers quadruple to $891B as US banks expand adoption: Report

Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

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BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside

Bitcoin Magazine BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside BlackRock has filed for a new bitcoin exchange-traded fund which, if approved, would cap investors’ upside while limiting their losses.  The iShares Bitcoin Managed Protection ETF, or PBIT, would aim “to create and manage bitcoin exposure,” according to a Monday filing…

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Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

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Injective, BDACS plan Korean won stablecoin settlement for tokenized assets

Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.

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Strive buys $335M in Bitcoin, boosting holdings to 36,818 BTC

The Bitcoin treasury company added another 1,223 BTC after an earlier purchase pushed it past MARA Holdings, while continuing to expand its reserves through equity financing.

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No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish

Bitcoin Magazine No ‘Uptober’ Yet: Bitcoin Slips 2% in a Month That’s Historically Bullish Bitcoin’s price retook $82,000 on Monday as choppy trading last week stunted the coin’s gains.  The biggest cryptocurrency by market cap was recently trading for close to $82,393 — up by close to 2% over the past day but still…

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Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million

Bitcoin Magazine Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million The largest corporate holder of bitcoin, Strategy, bought another 267 BTC last week, bringing its holdings to 848,517 digital coins — worth $69.5 billion at today’s prices.  According to a Monday filing, the software company said it spent slightly…

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US prosecutors allege Saudi royal links in OpenAI bugging case

Prosecutors argue Abdulrahman Alfozan should continue to be detained in the US due to his ‘considerable support from a foreign government’

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Metaplanet to take 93.7% stake in Super League through 2,100 BTC deal

The transaction would give Metaplanet access to US capital markets, where it plans to use preferred stock offerings to finance additional Bitcoin purchases.

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US threatens Europe over Starlink restrictions

Ambassador Andrew Puzder warns about ‘devastating’ retaliation if Brussels goes ahead with plans to limit spectrum access for non-EU companies

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