Aave hikes GHO borrow rates to rescue depleted stablecoin pools

Aave‘s Ethereum Core market lists a 4.5% borrowing rate for GHO, aligning the stablecoin’s borrowing cost with the savings rate TokenLogic reported on Oct. 2.  Related Asset GHO GHO · Stablecoin  The next test is whether the change brings USDC or USDT into the reserves available to savers who choose to convert withdrawn GHO into USDC or USDT.  Aave describes its savings token (sGHO) as redeemable instantly into GHO, so a holder who wants USDC needs a separate conversion. A higher borrowing rate can change the incentive to repay, but the route used to acquire that repayment GHO determines whether stablecoins enter the reserves.  Related Asset Aave AAVE · $181.82 24-hour change: up 1.18%  The DAO service provider reported a depleted USDC GHO Stability Module (GSM) on Oct. 2, and said the rate increase should help replenish reserves if borrowers obtain repayment GHO through the modules.  Related Asset USDC USDC · Stablecoin  The effect on reserves depends on borrowers bringing stablecoins into those modules, and the new rate alone does not demonstrate improved USDC conversion liquidity.  Aavescans Core GHO data dated Oct. 5 displays a 4.5% borrow APR. Its daily snapshots show 4.25% at midnight UTC on Oct. 3 and 4.5% at midnight on Oct. 4 and Oct.

2 دن پہلےانڈسٹری

US Treasury drops proposed reporting rules for wallets and crypto mixers

The U.S. Treasury has moved to withdraw two proposed crypto rules from 2020 and 2023 that would have expanded financial institutions reporting and recordkeeping duties for self-custody wallets and mixing transactions.  FinCEN, the Treasury bureau responsible for enforcing the Bank Secrecy Act, said it would take no further action on its proposed wallet rule, while a separate notice withdrew both the mixer proposal and its underlying money laundering finding. Deputy Director Jimmy L. Kirby signed both documents, which were filed for public inspection on Oct. 5.  In explaining the wallet decision, the bureau cited the Trump administration‘s efforts to ensure digital asset regulations are “fit-for-purpose.” Both notices referred to the July 2025 report from the President’s Working Group on Digital Asset Markets.  US Treasury drops wallet reporting and identity checks  According to the wallet notice, the December 2020 proposal would have required banks and money services businesses to collect information about certain crypto transfers involving wallets held outside regulated financial institutions.  Under the proposed framework, institutions would have kept transaction and counterparty records and verified their customers identity when a covered transfer exceeded $3,000. For transactions above $10,000, they would also have submitted a report to FinCEN, the notice explained.  The reporting threshold also covered several

2 دن پہلےانڈسٹری

CFTC seeks public input on crypto trading rules under CTX and CAM

The U.S. Commodity Futures Trading Commission has opened a consultation on two crypto regulatory frameworks, Regulation CTX and Regulation CAM, with written comments due within 60 days of publication in the Federal Register.  The CFTC announced on Oct. 5 that its advance notice of proposed rulemaking seeks public input on a federal framework under Section 2(c)(2)(D) of the Commodity Exchange Act. According to the agency, the notice concerns retail commodity transactions involving crypto assets, which it calls crypto asset transactions, or CTXs.  In the announcement, the commission said comments would inform potential future action, including rulemaking, rather than put a completed framework into effect. The agency requires written submissions within 60 days of the notices Federal Register publication and will post received comments on Regulations.gov.  CFTC crypto rules would offer a federal registration option  In an Oct. 5 opinion article, CFTC Chair Michael Selig said Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets would set requirements for registered exchanges offering crypto trading. He described the framework as an option for firms seeking a single federal market regulator.  According to Selig, participating exchanges could offer retail customers margined, leveraged or financed crypto trading, activities he distinguished from ordinary spot transactions on state-licensed platforms.  On compulsory registration,

2 دن پہلےانڈسٹری

New CFTC Crypto Rule Takes Lessons From the $8 Billion FTX Fraud

The Commodity Futures Trading Commission (CFTC) opened public comment on Monday for new crypto trading rules that exchanges could choose to join. Chairman Michael Selig cited FTX, whose founders misappropriated about $8 billion in customer funds.  The CFTC regulates futures and other bets on commodity prices. Yet the one FTX unit it oversaw kept customer money safe, while about 130 sister companies went bankrupt.  Sponsored  Sponsored  What the CFTC Wants to Regulate in Crypto Trading  The notice is an early step that asks for public feedback before any rule is written. It covers retail crypto trades made with borrowed money or platform financing.  Federal law already requires such deals to run on a CFTC-regulated exchange. The agency now wants crypto-specific rules, including a new exchange category called a “crypto asset market.”  “Under my leadership, the Commission will take every necessary step to establish regulations that are designed to prevent, rather than only prosecute after the fact, fraudulent schemes such as FTX,” Selig wrote.  Selig‘s announcement revisited an old CNBC coverage of FTX’s $32 billion valuation.  Sponsored  Sponsored  What Exchanges Gain and Give Up by Signing Up  In a Wall Street Journal op-ed, Selig said the rules would not force crypto onto CFTC platforms. The agency lacks that power without Congress, where the

2 دن پہلےانڈسٹری

Strategy buys just 334 Bitcoin as preferred-share buybacks reach $1.45 billion

Strategy (formerly MicroStrategy) made its smallest positive Bitcoin purchase of 2026 even as a 43% quarterly rally in the cryptocurrency helped generate a $20.9 billion gain on its digital-asset holdings.  Related Company Strategy Business intelligence software  In an Oct. 5 filing with the US Securities and Exchange Commission (SEC), the Michael Saylor-founded company said it bought 334 Bitcoin for $28.7 million between Oct. 1 and Oct. 4 at an average price of $85,838.80, taking its holdings to 848,000 BTC. The acquisition fell below the previous yearly low of 520 BTC bought in June.  The slowdown contrasts with the performance of Strategy‘s existing Bitcoin position. Bitcoin gained about 43% during the third quarter, lifting the carrying value of the company’s holdings to $70.82 billion as of Sept. 30.  Related Asset Bitcoin BTC · $85,306.49 24-hour change: down 0.13%  Strategy estimated a $20.91 billion digital-asset gain for the quarter under fair-value accounting. The gain does not represent realized trading profit, but the rally pushed its Bitcoin value above its roughly $63.97 billion aggregate acquisition cost.  Related Person Michael Saylor Executive Chairman · Strategy  Chaitanya Jain, Strategys head of investor relations, said:  “Every $1,000 increase in BTC price [during the third quarter represented] a $848 million fair market value gain to

2 دن پہلےانڈسٹری

Bitcoin Price Fails to Break $87K as CFTC Signals New Crypto Rules

Bitcoin rallied to an intraday peak of $86,969 before erasing most of the gains and returning to trade near $85,200 with a $1.71 trillion market cap.  Key TakeawaysBitcoin faced rejection near $87,000 on Oct. 5, paring gains to trade at $85,200 with a $1.71 trillion market cap.The 24-hour price action triggered over $109 million in bitcoin position liquidations, led by $62 million in lost short bets.Analysts still eye “Uptober” gains as the CFTC opened a 60-day window for public input on new crypto rules.  Bitcoin Rejection Near $87K Triggers Intraday Volatility  Bitcoin wiped out early gains on Monday as the cryptocurrency again appeared to face rejection near $87,000 amid unusual volatility for a single 24-hour period. The topsy-turvy price action tempered market excitement sparked by the belief that October, historically a bullish month for bitcoin, will deliver even greater gains than August and September.  Market data shows bitcoins price was hovering just above $85,200 on Sunday afternoon when a sudden rally pushed the price to $86,969, an intraday peak. Soon after reaching that mark, the price descended sharply and traded below $85,500 shortly after midnight. The cryptocurrency twice attempted another run at $87,000 but lost momentum before reaching its earlier peak.  During bitcoins latest attempt,

2 دن پہلےانڈسٹری

Metaplanet reveals net income strategy to fuel Bitcoin accumulation

Japanese investment and Bitcoin treasury company Metaplanet introduced a net interest income strategy on Monday, seeking to invest capital in income-generating assets and use the net interest to fuel its Bitcoin accumulation and dividend payments.  The move is part of the companys revised capital allocation policy under which 10% to 15% of assets can move into strategic investments, including mergers and acquisitions and interest-generating assets.  Bitcoin (BTC) remains the company‘s core treasury reserve asset, accounting for 85% to 90% of total assets, Metaplanet revealed in a Monday notice. The decision aims to enhance the Japanese company’s financing capacity and credit quality to grow its BTC holdings per share through additional acquisitions.  The company revealed the fundraising model in the wake of shareholder concerns about Metaplanets governance and complex capital structure. On Friday, Metaplanet issued five corrected securities filings clarifying that CEO Simon Gerovich does not hold majority voting rights in MMX Ventures, a shareholder in Metaplanet.  Metaplanet Notice Regarding Further Revision of Capital Allocation Policy. Source: Metaplanet  In response to the corrections, pseudonymous Metaplanet shareholder Bitcoin Pharaoh urged the company to explicitly name who owns MMX Ventures, clarify the 23.8% stake listed to be indirectly held by Gerovich and to name the two unnamed executives

2 دن پہلےانڈسٹری

Treasury yields at 5% threaten extending Bitcoins best quarter since 2017

Bitcoin (BTC) is coming off its best third quarter since 2017, but extending the rally may prove more difficult as Treasury yields above 5% offer investors an increasingly attractive alternative to risk assets, according to Delphi Digital.  In its latest weekly newsletter, Delphi highlighted Bitcoin‘s 43% gain in the third quarter, followed by a third straight weekly advance last week. However, “the grind higher is happening against real resistance,” Delphi wrote, pointing to the Federal Reserve’s September rate hike and surging Treasury yields, which have reached multi-decade highs.  “When a government bond pays over 5% risk-free, every risky asset has to work harder to deserve the money,” Delphi wrote.  Bitcoin has so far managed to overcome the hurdle, helped in part by growing interest in the so-called debasement trade, or the view that persistent government borrowing and currency expansion will erode the dollars purchasing power.  According to Vanessa Grellet, managing partner at crypto-focused venture firm Arche Capital, “the debasement trade doesn‘t require low interest rates,” given investors’ growing focus on federal deficits and the governments rising interest bill.  Against this backdrop, Bitcoins price briefly topped $87,000 last week before correcting lower. It has gained more than 35% since mid-August, shortly after the US Treasury announced

2 دن پہلےانڈسٹری

Claude AI Predicts BTC Path After the Monday Dump Warning

An analyst suggests Bitcoin tends to decline on Mondays following a rise on Sundays. The sample size is five weeks. Ali Martinez flagged the pattern on October 4, pointing to five consecutive Sunday-Monday pairs between August 29 and September 28. In each, Monday reversed Sundays direction.  Claude AI predicts BTC stays rangebound rather than dumping, because the chart signal behind the warning has a weaker record than the headline suggests. BTC trades near $86,044, up about 1.1% over 24 hours. Volume has jumped 81% to $22.2 billion, with a market cap of $1.72 trillion.  SUNDAY PUMP = MONDAY DUMP  1/6 ????????  — Ali Charts (@alicharts) October 4, 2026  Market Intelligence: Crypto Analyst Reveals Upcoming Coinbase Listings  How Strong Is Ali Martinezs Sunday to Monday Pattern?  Weaker than five out of five implies. Five weeks is thirty-five trading days. Coin flips produce runs of five regularly, and the article notes the final Sunday gain was nearly flat. That makes the fifth data point marginal at best.  The second signal has more substance. Bitcoins four-hour chart flashed a TD Sequential sell signal. Comparable signals preceded declines of 1.74%, 4.37%, 3.11% and 1.96%.  Note what those numbers actually say. The average decline is roughly 2.8%. From $86,044, that is a move to

2 دن پہلےانڈسٹری

CFTC Unveils Plan to Bring Crypto Exchanges Under Federal Oversight

In briefThe CFTC published an advance notice outlining Regulation CTX and Regulation CAM, which would let crypto exchanges register as a new type of federally regulated “crypto asset market.”Under the agencys preliminary reading, merely offering leverage could bring even fully paid trades under CFTC oversight unless customers take actual delivery of their crypto.The public has 60 days to comment. Exchanges that dont offer leverage could keep operating under state licenses.  The CFTC wants to give crypto exchanges a federal home, and leverage is the key that unlocks the door.  The agency is moving forward with further rulemaking proposals following the collapse of the Clarity Act, the legislation that would have established the ground rules for most cryptocurrency activity in the United States but last month fell short. The CFTC on Monday published an advance notice of proposed rulemaking, an early step that seeks public input before formal rules are drafted.  Myriad: Who wins the midterm elections? Click to make your prediction.  Its proposal outlines two linked frameworks: Regulation Crypto Asset Transactions, or Regulation CTX, and Regulation Crypto Asset Markets, or Regulation CAM. The public will have 60 days to comment once the notice appears in the Federal Register.  The plan rests on a 2010 Dodd-Frank

2 دن پہلےانڈسٹری
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