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When Iowa Attorney General Brenna Bird filed lawsuits against CoinFlip and Bitcoin Depot earlier this year, a few astroturfed voices cried that this consumer protection push was “anti-crypto.” They’re wrong. Crypto ATMs – physical kiosks that let users buy crypto – have become a vehicle for fraud, and they need reform.Law enforcement, regulators, and consumer advocates have all raised concerns about these machines for years. DC AG Brian Schwalb sued Athena Bitcoin in September. Pennsylvania AG Dave Sunday has warned that BATMs are a “magnet for scammers.” Arizona AG Kris Mayes even posted “STOP” signs at some crypto ATM locations. Congressional scrutiny…

The bankruptcy estate of the now-defunct crypto exchange FTX has dropped its bid to limit payouts to creditors in certain “restricted foreign jurisdictions.”On Monday, the FTX Recovery Trust filed a notice withdrawing its request to implement special procedures for jurisdictions such as China, which had been flagged as potentially restricted under the confirmed bankruptcy plan.“If and when the FTX Recovery Trust seeks to renew the relief requested in the Motion, the FTX Recovery Trust shall file a motion and provide notice in accordance with the applicable rules,” the notice states, adding that the motion has been withdrawn without prejudice.The trust…

In a significant move to broaden institutional access to tokenized assets, BounceBit has announced a collaboration with financial giants OKX and Standard Chartered. This partnership aims to enhance the custody and execution of tokenized U.S. Treasuries through innovative CeDeFi strategies, according to BounceBit. Integration of Tokenization Strategies The collaboration leverages Prime’s tokenized Treasury CeDeFi strategies by pairing custody at a Global Systemically Important Bank (G-SIB) with off-exchange settlement and execution on OKX. This integration is designed to fit seamlessly into existing institutional workflows, allowing for scalability and practical tokenization. Operational Mechanics Prime sources regulated tokenized cash equivalents from Franklin Templeton’s…

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market remains under pressure and falling in October. Bitcoin BTC$108,145.21 has dropped 3% to $107,500 in the past 24 hours, while ETH, XRP, BNB and SOL have seen even bigger losses. The CoinDesk 20 Index fell more than 4%. Among the top 100 coins, only ICP, ASTER and HASH remain in the green, with ASTER boosted by Binance co-founder ChangPeng “CZ” Zhao’s disclosure of his exposure to the token.It’s worth flagging that BTC has recently decoupled from the tech-heavy Nasdaq index, with upside likely capped by consistent profit-taking by long-term…

Denmark, which holds the European Council presidency, has reportedly withdrawn the proposal that would have forced platforms like Telegram, WhatsApp and Signal to allow authorities to screen messages before they’re encrypted and sent. The proposed legislation, known as Chat Control, was first introduced in May 2022 as a method to combat the spread of illicit and illegal content through messaging services. A revived version of it came up this year, with critics arguing again that it would undermine encrypted messaging and people’s right to privacy.The withdrawn proposal means it will remain voluntary. Minister of Justice Peter Hummelgaard stated that the proposal will…

The XRP price is trading at around $2.55, posting a modest 1.7% daily gain. Its trading volume has surpassed $2.16 billion. Despite this rebound, XRP is trapped below a solid resistance level of around $2.60. That’s a level where technical indicators signal a decisive move could unfold soon.With a market cap of $153 billion, XRP maintains its position as the fourth-largest cryptocurrency, but traders are watching key levels closely as momentum narrows within a tightening structure.XRP/USD Technical Picture: Descending Triangle PressureXRP’s daily chart displays a descending triangle pattern, a setup often associated with bearish continuation when support gives way. The…

Dash (DASH) has experienced a significant price surge, reaching its highest point since May 2022. This upward trend is largely attributed to the growing demand for privacy-centric cryptocurrencies, according to CoinMarketCap. Market Dynamics and Price Surge Over recent days, Dash’s value has escalated dramatically, with the token’s price climbing to $92. This marks a substantial increase from its year-to-date low of $18. Consequently, the market capitalization of Dash has surpassed $1.12 billion. One of the primary factors contributing to this surge is the heightened interest in privacy tokens. As more investors seek digital assets that offer enhanced privacy features, Dash…

November has a big reputation in bitcoin lore, but the typical November is modest and the blockbuster average is skewed by 2013’s moonshot.Crypto influencer Lark Davis called November bitcoin’s “strongest month” with an average gain near 42%. The CoinGlass Bitcoin Monthly Returns heat map shows that number is real for the mean across 2013–2025, but it is not the whole story: November’s median is 8.81%, and the mean is pulled up by 2013’s +449.35% outlier.That distinction — mean vs. median — matters. The median describes a typical November across cycles. The mean is sensitive to outsized moves, and 2013 towers…

Bitcoin could be in the middle of an unofficial initial coin offering (ICO) as OG coin holders rotate out and fresh blood scoops up the tokens, distributing the supply across a broader number of people, macro analyst and Wall Street old hand Jordi Visser says. In a Saturday episode of entrepreneur Anthony Pompliano’s podcast and a post on Substack, Visser said old coins that have been dormant for years are on the move, “Not all at once. Not in panic. But steadily,” and new investors are stepping in, “accumulating on dips.” “In the traditional world, this moment is called an IPO. It’s…

During the European session, Ethereum (ETH) is trading near $3,802, showing mild gains as traders weigh whether the next move will be a breakout or a pullback. With a market cap of $467.7 billion, ETH remains the second-largest cryptocurrency, but its price action has tightened notably inside a symmetrical triangle pattern that’s been forming since mid-October.This setup reflects growing indecision as volatility compresses between key resistance at $4,255 and support around $3,680–$3,750. Buyers continue to defend the lower boundary, while sellers maintain control near the top. For now, the market is at a standstill, and traders are watching closely to…