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In brief Bitmine bought another 15,112 ETH (~$41 million), raising its holdings to 6,016,414 ETH (about $16.4 billion), or 4.9% of supply—99% of the way to its “Alchemy of 5%” target—extending a weekly buying streak. Chairman Tom Lee said a crypto bull market is “underway,” touting ETH’s outperformance of the S&P 500 by 6,832 basis points this quarter despite macro headwinds. Total holdings, including cash and “moonshots,” hit $17.4 billion. Bitmine Immersion Technologies extended its unbroken buying streak this week, scooping up another 15,112 Ethereum, worth about $41 million, as chairman Tom Lee insisted a crypto bull market is “underway.”The…

In brief Metaplanet sold 10,000 BTC and repurchased 11,000 during the third quarter, a net gain of 1,000 that brings its holdings to 44,000 BTC. It sold more than the full principal of its bonds and borrowings, held the cash, and left the debts outstanding. The sale produced a U.S. capital loss, against which it estimates a deferred tax asset of about $97 million. Metaplanet sold 10,000 BTC and bought back 11,000 during the third quarter, the Tokyo-listed treasury company disclosed, in a round trip staged to prove to credit rating agencies that it is both able and willing to…

European USDC holders seeking dollars from Circle could have to wait if reserves cannot move between its French and U.S. issuers, even while retaining their claim to a dollar. Circle’s current European redemption policy allows temporary delays during failed reserve rebalancing, exposing a cash-access boundary inside a token that is interchangeable worldwide.That boundary matters as Circle presses Europe to preserve cross-border co-issuance. Its Oct. 1 response to the European Commission’s MiCA review argues that the structure keeps global stablecoin liquidity within Europe’s regulatory perimeter. The existing terms show what can happen when the reserve transfers supporting that structure cannot be…

In brief Citigroup raised its 12-month Bitcoin target to $113,000 from $82,000, and its Ethereum target to $3,028 from $2,240. It expects $5 billion of crypto inflows over the next year, at a slower but steadier pace. The Bitcoin target sits about 10% below the record set in October 2025. Citigroup has raised its 12-month price target for Bitcoin to $113,000 from $82,000, and for Ethereum to $3,028 from $2,240, citing stronger activity across crypto markets, a supportive macro backdrop and the return of ETF inflows, Reuters reported.Both targets are increases of around 35% on the bank’s previous numbers. Bitcoin…

In brief U.S. spot Bitcoin ETFs drew $102.7 million Thursday and $31.7 million Friday, opening October with $134.4 million in net inflows, per Decrypt’s tracker. The inflows followed a $148.7 million outflow on Sept. 30, which ended a nine-session streak. A soft jobs report cut October rate-hike odds, but Myriad traders still give a 93% chance Bitcoin won’t hit a new high this year. Bitcoin ETFs are living up to the “Uptober” meme, so far at least.U.S. spot Bitcoin ETFs drew $102.7 million on Thursday and another $31.7 million on Friday, according to Decrypt’s Bitcoin ETF tracker. That’s $134.4 million…

In brief The Independent Community Bankers of America sued the OCC in D.C. federal court, challenging its authority to grant national trust bank charters to crypto firms and asking the court to void a March 2026 rule and Interpretive Letter No. 1176. CEO Rebeca Romero Rainey said the charters let crypto companies gain a federal bank’s credibility without obligations like FDIC insurance, capital standards and the Community Reinvestment Act; the suit also seeks to vacate Protego’s conditional charter. It escalates an ongoing fight as firms like Circle, Ripple, Kraken’s parent and Trump-tied World Liberty pursue OCC charters. America’s community banks…

In brief President Trump announced a “Super Intelligence Force” to coordinate federal AI policy, with Director of National Intelligence Jay Clayton widely reported as its leader and the administration’s new AI czar. As SEC chair in Trump’s first term, Clayton brought 57 crypto cases and sued Ripple over XRP in one of his final acts. Clayton later advised crypto firms, then oversaw the prosecution of Tornado Cash developer Roman Storm as interim U.S. attorney in Manhattan. The man who started the SEC’s crackdown on crypto is now steering Washington’s approach to artificial intelligence.President Donald Trump announced on Truth Social on…

In brief Near Intents recovered the full $3.8 million stolen in Thursday’s exploit, general manager Alex Shevchenko said Friday, and the team has ended its investigation. The return came after Shevchenko publicly told the attacker “We have identified you, sir” and gave them 48 hours to return the funds. An on-chain message that appears to come from the exploiter said “we were in the wrong” and urged others to use bug bounties. Near Intents got its money back.The cross-chain swap service said Friday that the roughly $3.8 million drained in an exploit on Thursday has been returned in full. The…

Binance will require Brazilian users to provide additional information for cross-border crypto transfers starting Nov. 1.The exchange said customers sending crypto abroad or receiving it from nonresidents must disclose the purpose of each transfer and identify the counterparty type. Corporate accounts must also say whether the other party belongs to the same economic group.Binance will report the transactions monthly to Brazil’s central bank under Resolution BCB No. 521/2025, which brings international virtual-asset transfers into the country’s foreign-exchange framework.The requirement creates a new compliance checkpoint for cross-border crypto flows. Withdrawals cannot be submitted until the questionnaire is completed, while incoming deposits…

In brief EU consumer authorities have opened coordinated actions against nine games companies over how they sell in-game currencies. The guidelines require real-world prices to be shown and a 14-day right of withdrawal, including on unused currency. Cryptocurrencies are carved out of the principles entirely. European consumer authorities have opened eleven coordinated actions against ten video games companies over the way they sell and price in-game virtual currencies, the European Commission said Wednesday.The Consumer Protection Cooperation Network, which groups national enforcement bodies and is coordinated by the Commission, named Activision Blizzard UK, Crytek, InnoGames, King.com, Mojang, Plarium Europe, PLR Worldwide…

In brief Near Intents paused service Thursday after a bug in its Omni deposit and withdrawal layer let an attacker take about $3.8 million. On-chain sleuth ZachXBT says the funds went to KuCoin and were bridged to bitcoin; Near Intents promises full compensation and has contacted law enforcement. The NEAR token fell 6.7% to $4.96 following the exploit, two days after Near Intents denied service to a North Korea-linked hacker. Near Intents, a tool for swapping crypto across different blockchains, stopped service on Thursday after an attacker drained about $3.8 million from it. The team says a bug in how…