Latest Crypto News & Market Updates

Man Behind the XRP Lawsuit Could Get a White House AI Role Soon

President Trump is weighing Jay Clayton, the former SEC chairman who sued Ripple, for the role of White House AI czar.　　That possibility has unsettled parts of the crypto community, which is still watching Claytons regulatory legacy closely.　　Sponsored　　Sponsored　　What Do Reports Say About Clayton as AI Czar？　　CNN reported that Trump is actively seeking to fill the AI czar position within days. Clayton currently serves as Director of National Intelligence, overseeing the 18-agency intelligence community.　　Asked about the role, Trump called Clayton “a good man” and said having him take it “is a good idea.”　　President Trump is expected to name his intelligence chief, Jay Clayton, as the White Houses new AI czar.　　Clayton already oversees 18 intelligence agencies and is expected to keep that post, folding AI policy into the spy portfolio. 　　The choice breaks with David Sacks, the…　　Clayton signaled his approach to AI oversight during his July confirmation hearing for the intelligence post. He argued that AI requires careful handling because it represents both opportunity and risk.　　Former AI czar David Sacks left the position in March. His government employee status had expired, leaving the role vacant for months while Trump searched for a replacement.　　No formal timeline for naming a successor has been announced publicly.　　Sponsored　　Sponsored　　Why

Within 1 weeksIndustry

Trump Is Hosting Yet Another Meme Coin Dinner: Here Are the Details

In briefThe TRUMP meme coins top 185 holders will attend a Nov. 22 gala dinner with President Trump at his Virginia golf club, though no attendee will get a private meeting with him.The event follows the Clarity Acts Sept. 15 Senate failure, where restrictions on Trumps crypto holdings were a central sticking point.Trump earned more than $635 million from the meme coin in 2025, mostly from licensing royalties, according to his financial disclosure.　　President Donald Trump is putting another dinner on the table for his biggest meme coin backers, just weeks after a fight over his crypto interests helped sink the industrys top legislative priority.　　The official account for the TRUMP meme coin announced Wednesday on X that top holders will attend a “gala dinner” with Trump and three as-yet-unnamed “superstars” on Nov. 22. The event will take place at Trump National, the Washington-area Virginia golf club that hosted the tokens first dinner last year.　　Myriad: Where does Solana go next？ Click to make your prediction.　　Seats go to the top 185 registered holders, according to the event page run by Fight Fight Fight LLC, the company behind the coin. Holders are ranked by a time-weighted score that rewards holding more tokens for longer,

Within 1 weeksIndustry

BlackRock offers a glimpse of how tokenization may change your investment portfolio

For most investors, building a portfolio still means either buying a collection of stocks, bonds and funds themselves or handing the job to an asset manager.　　Tokenization may eventually blur that distinction.　　BlackRock, the worlds largest asset manager, offered a glimpse of what that could look like with Ondo Finance via Intelligent Portfolios, packaging professionally constructed investment strategies into individual tokens on the blockchain.　　The three portfolios, developed by BlackRock for Ondo, combine different assets into strategies focused on high income, diversified growth and high growth. Instead of buying and rebalancing the underlying investments separately, an investor can hold a single token representing the portfolio.　　That may sound like a small change. After all, mutual funds and ETFs have bundled investments into single products for decades.　　But putting the portfolio itself onchain potentially gives it characteristics that traditional structures dont have. It can move between wallets and platforms, be visible onchain and potentially be used as collateral for borrowing or plugged into other financial products.　　That starts to move tokenization beyond simply creating blockchain versions of individual stocks, bonds and funds.　　Why this matters　　Most of the tokenization boom so far has focused on individual assets: Treasury funds, private credit, stocks and ETFs.　　The BlackRock-Ondo products point toward the

Within 1 weeksExchange

Six US banks have failed in 2026 but the numbers look nothing like 2023

Six US banks have failed in 2026 so far, which is one more than in 2023 and enough to make another banking-crisis headline practically write itself.　　But before we start reliving Silicon Valley Bank, its worth looking at what those six banks actually held: about $1.43 billion in combined assets, compared with roughly $552.54 billion at the banks that failed in 2023, according to historical numbers from the Federal Deposit Insurance Corporation (FDIC).　　Counting each bank as one gives you a perfectly accurate number and a pretty lousy sense of scale. This years total includes a lender with $3.73 million in assets, which gets the same vote in the tally as a bank the size of SVB.　　Related Company Silicon Valley Bank Commercial banking company　　Meanwhile, FDICs latest industry assessment shows stronger profits and fewer banks on its problem list. That doesnt mean the six failures were harmless, or that every surviving bank is doing well, but anyone selling a 2023 rerun has some explaining to do.　　Nano Bancs Sept. 25 closure brought the count to six and supplied the largest failure of the year so far. The Irvine, California, lender reported $736 million in assets, and the FDIC estimated a $114 million cost to

Within 1 weeksIndustry

The Pope Has Thoughts on AI Art—And They're Not Flattering

In briefPope Leo XIV said in an Oct. 2 post on X that there is an “ontological difference” between human art and what machines generate.He said the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”The post follows a May encyclical on AI and a Sept. 25 speech in Paris in which he cited it.　　Pope Leo XIV said Friday that there is an “ontological difference” between human art and what machines generate, and that the Church wants to renew an alliance with artists and cultural institutions to “safeguard our humanity.”　　The pope posted the message on X, where he has shared AI warnings before.　　Myriad: Who wins the midterm elections？ Click to make your prediction.　　“There is an ontological difference, even before an aesthetic one, between art and what a machine can generate through statistical calculation based on millions of images created by others. Algorithms lack the spark of humanity,” the Pope wrote.　　“Ontological” is philosophy-speak for what something fundamentally is, as opposed to how it looks. His point is, essentially, that a painting by a person and an image from a model can look alike and still be totally different things. He says that gap exists before

Within 1 weeksIndustry

Bitcoin Price Gets Squeezed at $84K as $85K Becomes the Next Test

Bitcoin traded between $84,614 and $84,887 on Saturday, Oct. 3, 2026, after a sharp rejection from a 24-hour intraday high of $87,085, leaving the market wedged between short-term consolidation and a broader bullish structure. The immediate tape has cooled, but every tracked moving average remains bullish while the oscillators are largely neutral, creating a technical tug-of-war as bitcoin searches for its next directional leg.　　Key TakeawaysBitcoins price holds near $84,600 to $84,887 after retreating from the $87,219 area.BTC faces its first upside trigger between $85,000 and $85,500.Bitcoins 12 tracked moving averages remain bullish as MACD signals a bearish reading.　　1-Hour Chart: Bitcoin Builds a Tight Base After the Sell-Off　　The 1-hour chart shows bitcoins price settling into consolidation after falling from $87,219 to $83,841, with the price subsequently building a narrow shelf around $84,400 to $84,700 as volume steadily declined. That compression puts $84,800 to $85,000 in the spotlight as the first upside trigger, while a clean hourly break accompanied by expanding volume would bring $85,500 and then $86,000 to $86,500 into view.　　BTC/USD 1-hour chart via Bitstamp on Oct. 3, 2026.　　On the flip side, losing $84,300 would expose $83,841, followed by $83,500. A defended retest of $84,300 to $84,500 offers a clearer short-term

Within 1 weeksIndustry

Stellar Unlocks New DeFi Milestone at Over $273 Million

As Stellar continues to prove itself as a fast-growing crypto project, challenging XRP even across the DeFi ecosystem, the network has just reached a new milestone.　　With the network seeing increased participation among users, it has subsequently recorded notable growth across its DeFi applications, pushing it to reach a new record in its total value locked as of October 2.　　Stellar TVL hits all-time high　　Per the latest data from DeFiLlama, Stellar has seen its DeFi TVL surge to nearly $273 million, marking the highest level it has ever reached since it launched.　　This new record has drawn attention from market participants as it has come just one week after it initially climbed to about $265 million.　　This suggests that Stellar has continued to witness steady growth of capital deployed across protocols based on its network, driving further growth in its native token, XLM.　　In addition to its record TVL growth, the network has also recorded substantial increases in its onchain activity. Stellar now boasts about $934.54 million in stablecoin market capitalization and about $2.82 billion in active real-world asset (RWA) assets under management.　　Stellar active addresses near 100,000 milestone　　Following the surge in its DeFi performance, user participation in the Stellar network has also continued to increase,

Within 1 weeksIndustry

Ripple President Highlights XRP Ledger's Next Big Institutional Growth Phase

The XRP Seoul event is happening now at the Grand Hyatt Seoul with more than 5,000 attendees. One of the major highlights of the event was Ripple President Monica Longs discussion about how financial institutions are moving on-chain, using XRPL for collateral mobility, tokenized assets, and payment infrastructure.　　The discussion was moderated by Christina Chan, Senior Director of Ecosystem Growth at Ripple, on how Ripple is bringing XRP utility to institutional finance.　　The XRPSeoul2026 X account posted key takeaways from the much-anticipated fireside chat with the Ripple President, including institutional shift and capital market use cases, building institutional-grade rails on XRPL and ecosystem growth, and predictions for the future.　　Regulatory clarity is propelling financial institutions from experimenting with blockchain to deploying on-chain infrastructure, with an emphasis on 24/7 collateral mobility through tokenized money market funds, treasury-backed repos, and cross-border payments enabled by stablecoins.　　To meet enterprise requirements, Ripple is expanding XRPLs capability stack with permissioned privacy controls, native yield and lending protocols using XRP/RLUSD, and decentralized exchange (DEX) payment integration handled directly by Ripple to reduce customer complexity.　　XRP Ledger aims to achieve exponential growth over the next year through regional incubators such as the Korea Financial Innovation Program and partnerships with top-tier institutions. It

Within 1 weeksIndustry

Chainalysis AI traces $387M Bitget hack in under 10 minutes

Chainalysis has used its in-house AI to cut more than 20 hours of manual bridge reconciliation to under 10 minutes while investigating the $387 million stolen from Bitget.　　SummaryChainalysis says AI accelerated cross-chain matching while investigators directed the work and reviewed results.The firm attributes the attack to North Korean actors, putting their 2026 theft above $1 billion.Investigators tracked stolen XRP through cross-chain swaps to Bitcoin addresses controlled by the attackers.Bitget has offered separate 5% rewards for qualifying help freezing and recovering stolen funds.　　Chainalysis said in its Oct. 1 report that investigators built custom automation to connect transactions across blockchains after the Sept. 24 breach. The reported time saving concerned matching bridge deposits with payouts, one part of an investigation involving Bitget and law enforcement partners.　　Working around the clock, the firms investigation team used the tools to follow fragmented transaction trails and share findings with the exchange and authorities. According to the report, newly identified addresses received stolen-fund labels within minutes, making the information available to compliance teams through its data platform.　　Chainalysis AI matched transfers while investigators directed the case　　Under the process described by the firm, investigators set the matching rules, checked the results, and decided which leads to pursue. Its AI

Within 1 weeksIndustry

Leveraged funds Bitcoin futures shorts fall by 5,300 BTC-equivalent as longs shrink

Leveraged funds reported Bitcoin futures shorts fell by about 5,300 BTC-equivalent in the week to Sept. 29, narrowing their net short even as their aggregate long exposure shrank.　　Related Asset Bitcoin #1 BTC · $84,851.68 24-hour change: down 0.47% Loading price history… 24H Down 0.47% 7D Up 0.85% 30D Up 4.37%　　The Commodity Futures Trading Commission‘s latest futures-only figures, released in the Oct. 2 reporting cycle, cover CME standard and micro Bitcoin futures plus Coinbase Derivatives’ nano Bitcoin and nano perpetual-style futures. The totals convert different contract sizes into BTC-equivalent exposure; they describe futures positions, not transfers of physical bitcoin.　　Compared with Sept. 22 positions, the funds reported shorts fell 5,299.69 BTC-equivalent and longs fell 908.99 BTC-equivalent. Their net short consequently narrowed by 4,390.70 BTC-equivalent, from 40,110.83 to 35,720.13. Their combined short exposure still exceeded their longs. These long and short columns exclude separately recorded, offsetting spread positions.　　A better net figure can result from shrinking positions on both sides when shorts fall faster. In this snapshot, aggregate futures long exposure did not expand.　　The individual products did not move uniformly. Standard CME futures accounted for 4,310 BTC-equivalent of the reduction in reported shorts, while their leveraged-fund longs increased 1,175 BTC-equivalent. Longs fell in CME

Within 1 weeksIndustry

...

3638

...

1000