Coinbase Files for National Trust Charter to Bridge Crypto and Traditional Finance

This week saw a significant boost in crypto funding, with projects raising a total of $351 million across 13 deals. Leading the charge was Flying Tulip, securing an impressive $200 million in a seed round, while xMoney followed with $21.5 million. This surge in investment highlights the growing interest in decentralized finance and finance-focused ventures, indicating a vibrant future for the crypto industry.

This week has been a remarkable one for cryptocurrency exchange-traded funds (ETFs), which saw an impressive inflow of $1.2 billion over just five days. This surge indicates a growing confidence among investors in the crypto market, suggesting that more people are looking to diversify their portfolios with digital assets. The positive trend not only reflects the resilience of cryptocurrencies but also highlights the increasing acceptance of ETFs as a viable investment vehicle in this space.

MetaMask is set to distribute $30 million in LINEA token rewards, a move that could significantly boost user engagement and adoption. This initiative not only incentivizes current users but also has the potential to attract new users, thereby fostering growth in the broader crypto wallet ecosystem. It's an exciting development for the crypto community, highlighting MetaMask's commitment to enhancing user experience.

The Ethereum Foundation has made a significant move by converting $4.5 million worth of ETH into stablecoins, signaling a strategic shift in how it funds projects and grants. This decision comes at a time when Bitcoin's value has surged, highlighting the Foundation's proactive approach to managing its assets. By transitioning to stablecoin holdings, the Foundation aims to stabilize its financial resources, ensuring that it can continue to support innovative projects in the crypto space. This move not only reflects confidence in the market but also positions the Foundation for future growth.

Coinbase and Samsung have strengthened their partnership, allowing Galaxy smartphone users to buy cryptocurrency directly through their devices. This integration not only simplifies the process of purchasing crypto but also enhances the user experience for Samsung customers, making it easier for them to engage with digital currencies. This move is significant as it reflects the growing acceptance of cryptocurrency in mainstream technology and could encourage more users to explore the crypto market.

Crypto analyst Bobby has shared exciting news about XRP, revealing that its price has completed a significant double-bottom pattern after seven years. This consolidation hints at a potential parabolic rally, with predictions suggesting that XRP could soar to double digits, possibly reaching $19. This development is crucial for investors and enthusiasts as it indicates a strong bullish trend for the altcoin, potentially leading to substantial gains.

Coinbase is making a significant move by applying for a national trust charter with the Office of the Comptroller of the Currency. This step is aimed at enhancing its payment operations, especially as the U.S. sees a rise in favorable cryptocurrency policies. This is important because it could pave the way for more robust and regulated crypto transactions, benefiting both the company and its users.

The article discusses the potential impact of a government shutdown on the cryptocurrency sector, noting that while a short-term shutdown may not significantly affect crypto's initiatives in Washington D.C., the consequences of a prolonged shutdown remain uncertain. This is important as it highlights the resilience of the crypto industry amidst political challenges and raises questions about its future interactions with government regulations.

Brazil's largest investment bank has made waves in the crypto world by naming five token picks through its crypto platform, Mynt. This move highlights the growing institutional demand for cryptocurrencies, emphasizing the importance of network security and real-world applications. As more traditional financial institutions embrace digital assets, it signals a significant shift in the investment landscape, making it an exciting time for both investors and the crypto market.

Bitcoin is making headlines again with a remarkable $985 million in net inflows recorded on October 3, 2025. This marks the fifth consecutive day of positive flows for Bitcoin ETFs, highlighting a growing confidence in the cryptocurrency market. Such significant inflows not only reflect investor optimism but also indicate a potential resurgence in Bitcoin's popularity, which could have broader implications for the financial landscape.

Bitcoin's recent surge to around $122,000 has sparked strong bullish sentiments in the crypto market, with analysts suggesting that we may be entering a new accumulation phase. Swissblock's detailed analysis sheds light on the current market dynamics, highlighting potential profit and loss drivers. This is significant as it indicates a possible path toward Bitcoin's all-time high, attracting both investors and enthusiasts eager to capitalize on the momentum.

The stablecoin market has reached a remarkable $300 billion, which experts believe could serve as 'rocket fuel' for the broader cryptocurrency rally. This surge not only highlights the increasing adoption of stablecoins but also indicates a deeper integration of cryptocurrencies with global finance. As more investors and institutions recognize the potential of stablecoins, this could lead to significant growth in the crypto market, making it an exciting time for both seasoned investors and newcomers.

BitDigital is making waves in the finance world by becoming the first publicly traded Ethereum Decentralized Autonomous Token (DAT) to deploy unsecured leverage. This innovative approach combines traditional debt instruments with decentralized models, marking a significant evolution in how blockchain companies can raise capital. This move not only sets a precedent for future Ethereum DATs but also highlights the growing acceptance of decentralized finance in mainstream markets.

Bitcoin and XRP are currently testing key resistance levels, with Bitcoin recently surpassing $120,000. While XRP has reached $3.10, it struggles to maintain a breakout. Analysts suggest that if these resistance levels hold, there could be potential short-term gains. However, there's also a risk of declines for both cryptocurrencies in the upcoming week. This situation is crucial for investors as it could dictate market trends and trading strategies.

Today's crypto news highlights the latest trends and events affecting Bitcoin prices and the broader cryptocurrency landscape. With ongoing developments in blockchain technology, decentralized finance (DeFi), non-fungible tokens (NFTs), and regulatory changes, it's essential for investors and enthusiasts to stay informed. Understanding these dynamics can help navigate the ever-evolving market.

Coinbase has taken a significant step by filing for a National Trust Charter, aiming to create a bridge between the world of cryptocurrency and traditional finance. This move is crucial as it could pave the way for greater regulatory clarity and acceptance of digital currencies in mainstream finance, potentially enhancing user trust and expanding the market. As the crypto landscape evolves, such initiatives are vital for fostering innovation while ensuring compliance with financial regulations.

Stripe's CEO has highlighted how yield-bearing stablecoins are set to revolutionize the financial landscape by compelling traditional banks and financial institutions to provide real yields on customer deposits. This shift is significant as it could enhance the competitiveness of the banking sector and offer consumers better returns on their savings, ultimately benefiting the economy.

NFT sales have seen a remarkable resurgence, more than doubling to $256.9 million, a significant increase from last week's $84.6 million. This surge is largely attributed to Bitcoin's impressive rally to the $122,000 mark, which has invigorated the entire market. This turnaround is crucial as it indicates renewed interest and investment in NFTs, suggesting a potential recovery in the digital asset space.