Jimmy Song slams Bitcoin Core devs for 'fiat' mentality on OP_Return

Coinbase has reached a significant milestone by surpassing $347 billion in Bitcoin holdings, with over 3 million BTC currently under its custody. This achievement highlights the growing trust and reliance on Coinbase as a leading cryptocurrency exchange and custodian. As more investors turn to digital assets, Coinbase's robust custody solutions are becoming increasingly important, ensuring security and accessibility for both individual and institutional investors.

Recent analyses from eight AI models suggest that cryptocurrencies like Bitcoin (BTC), Solana (SOL), Chainlink (LINK), Ethereum (ETH), and XRP are poised for significant growth in the fourth quarter. This is exciting news for investors and enthusiasts alike, as it indicates a potential bullish trend in the market, which could lead to increased interest and investment in these digital assets.

Bitcoin traders are eyeing critical price levels as the cryptocurrency approaches $116,000. With the market focusing on the $117,200 mark and upcoming US macroeconomic data, this could signal important trends for investors. Understanding these levels is crucial for traders looking to navigate the volatile market effectively.

This week, the crypto fundraising scene saw a significant boost with Capital B securing $68.85 million, primarily aimed at advancing AI and the Bitcoin ecosystem. Additionally, Finary raised $29.4 million, highlighting the growing interest and investment in crypto-related technologies. This surge in funding is crucial as it not only supports innovation in the sector but also reflects a positive outlook for the future of cryptocurrency and its applications.

Bitcoin's network activity has surged to new heights in 2025, indicating a potentially brighter future for its price. Despite a recent dip below $115,000, the cryptocurrency showed resilience by attempting to reach $118,000 after the Federal Reserve's interest rate cut. This fluctuation highlights the volatility of Bitcoin, but the latest on-chain data suggests that a stronger price performance could be on the horizon. Understanding these trends is crucial for investors and enthusiasts alike, as they could signal significant opportunities in the cryptocurrency market.

The recent surge in illiquid Bitcoin supply, now at 72% of the total, signals a bullish trend for the cryptocurrency market. This increase, driven by long-term holders who are not selling their assets, suggests a growing confidence in Bitcoin's value. As more investors choose to hold rather than trade, it could lead to reduced market volatility and potentially higher prices in the future. This trend is significant as it reflects the changing dynamics of Bitcoin ownership and its implications for the overall market.

Bitcoin is experiencing a positive shift following the Federal Reserve's recent interest rate cut, which has led to a new phase in market dynamics. As BTC consolidates its price, investors are optimistic about the potential for further gains. This development is significant as it indicates a healthy divergence in the market, suggesting that Bitcoin could be positioned for a strong upward movement in the near future.

Bitcoin is currently facing a critical moment as it approaches the $118,000 resistance level. Analysts are closely watching whether BTC will break through this barrier or experience a correction. This situation is significant for investors and traders alike, as it could influence market trends and investment strategies in the cryptocurrency space.

Grayscale's launch of a multi-asset crypto ETF on NYSE Arca is a significant step towards mainstream acceptance of cryptocurrencies. This move not only enhances regulatory clarity but also opens up new investment opportunities for both individual and institutional investors. As more traditional financial platforms embrace digital assets, it signals a growing recognition of the importance of cryptocurrencies in the financial landscape.

El Salvador has taken a proactive step by splitting $678 million worth of Bitcoin into 14 different wallets to protect against a potential future quantum threat. While some view this as a wise precaution, others see it as unnecessary theatrics. This move highlights the ongoing debate about the security of cryptocurrencies in the face of emerging technologies, making it a significant topic for investors and policymakers alike.

Bitcoin's illiquid supply has reached a record 14.3 million BTC, with over 72% of circulating Bitcoin now considered illiquid. This trend indicates a decrease in sell-side pressure, which could lead to a more stable market as big investors accumulate. The growing illiquidity suggests that many holders are not looking to sell anytime soon, potentially driving prices up in the future.

The recent 25-basis-point interest rate cut by the Federal Reserve has sparked a surge in cryptocurrency prices, with BNB hitting an all-time high of over $1,000. This rally, led by Bitcoin and Ethereum, has reignited investor interest in risk assets, particularly altcoins like Solana. The Fed's indication of potential further rate cuts is encouraging for growth-oriented investments, making this an exciting time for the crypto market. As investors look for opportunities, the momentum in cryptocurrencies could lead to significant gains in the coming weeks.

An expert has predicted that credit markets are on the verge of a significant surge, which could have a major impact on the cryptocurrency landscape. This development is crucial as it suggests a potential shift in investment strategies and market dynamics, possibly leading to increased adoption and innovation in the crypto space.

In a significant move for the Bolivian economy, major companies like Toyota, Yamaha, and BYD have started accepting Tether as a payment method. This shift comes as the country faces a shortage of US dollars, prompting businesses to explore stablecoins as a viable alternative. This development not only highlights the growing acceptance of cryptocurrency in everyday transactions but also offers a potential solution to the financial challenges faced by local businesses.

Tim Draper, a prominent venture capitalist, has expressed strong confidence in Bitcoin and blockchain technology, predicting they will spearhead a new era in global finance. This is significant as it highlights the growing acceptance and potential of cryptocurrencies in mainstream financial systems, suggesting that innovations in this space could reshape how we conduct transactions and manage assets.

Coinbase is currently under fire from its users due to slow response times and inadequate support, especially following a significant data breach that compromised the information of over 69,000 customers. This situation has led to heightened frustration among users, prompting the company to pledge improvements in its customer service approach. It's crucial for Coinbase to address these concerns, as customer trust is essential for its reputation and future growth.

The SEC's task force is currently reviewing regulations surrounding DeFi lending, engaging in discussions with a prominent crypto firm. This meeting is significant as it highlights the ongoing efforts to establish clearer guidelines in the rapidly evolving decentralized finance sector, which could impact how these platforms operate and ensure investor protection.

Today's crypto news covers the latest trends and events affecting Bitcoin, blockchain technology, DeFi, NFTs, Web3, and crypto regulations.