Day: October 15, 2025

Sony Bank files for OCC charter to issue and manage US stablecoins

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Key Takeaways Sony Bank, majority-owned by Sony, is seeking a national trust bank charter with the OCC to enable it to issue and manage stablecoins in the US. This move marks Sony Bank’s entry into the US stablecoin and digital asset market via federal regulatory channels. Share this article Sony Bank, a Japanese financial institution majority-owned by Sony, has filed for a national trust bank charter with the Office of the Comptroller of the Currency to issue and manage stablecoins in the US market. The application represents Sony Bank’s expansion…

DOGE Bulls Dip Buy, Data Shows Zero Top Signals

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Key takeaways: Onchain data shows short-term holders are accumulating despite volatility. Technical patterns mirror past Dogecoin bull cycles, hinting at a breakout phase to $1.60 by Q1, 2026.  Dogecoin (DOGE) experienced a steep drop on Oct. 10, with prices plunging to $0.08 from $0.25 in a sudden 66% flash crash. Despite a swift recovery to $0.20, the move wiped out over $365 million in long positions, more than four times the previous yearly high of $89 million in long liquidations. While leveraged markets underwent a massive reset, spot traders could…

OKX CEO Star Xu Slams Huione Group After $15B DOJ Crackdown

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OFAC and FinCEN have exposed Huione Group’s billion-dollar laundering trail. OKX founder and CEO Star Xu has condemned the controversial Cambodian financial conglomerate, Huione Group, and said the entity has “caused serious damage in the crypto space” while stressing that the exchange maintains strict compliance controls to prevent any association with it. Xu’s statement came shortly after an enforcement action led by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) on October 14, in coordination with the UK’s…

BTC Uptober Depends On Fed Rate-Cut Odds, Stocks

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Key takeaways:  Bitcoin is down 4.3% in October despite historically strong monthly returns. The CME FedWatch tool shows a 96.7% probability of a 25% interest rate cut, fueling optimism. Inflows into the spot Bitcoin ETFs and equities correlation hint at a potential rebound. Bitcoin (BTC) may be down 4.3% in October so far, but optimism around the month’s historically bullish trend remains intact. Since 2019, Bitcoin’s average October gain has stood near 20%, with a median return of roughly 15%. While this year’s performance currently lags, market participants are looking…

Coinbase adds BNB to asset roadmap

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Key Takeaways Coinbase has added BNB, the native token of BNB Chain, to its asset roadmap, indicating a potential future listing. The move follows Coinbase’s implementation of the ‘Blue Carpet’ process for transparent and merit-based token listings. Share this article Coinbase, a leading cryptocurrency exchange, added BNB to its asset roadmap today. BNB is the native token of BNB Chain, a blockchain network focused on high-throughput decentralized finance. The addition aligns with Coinbase’s recent introduction of an updated “Blue Carpet” process for asset issuers, which emphasizes a merit-based approach with…

Peter Thiel’s Erebor Approved as Silicon Valley Bank Rival Emerges

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Erebor, a financial services company backed by billionaire Peter Thiel, has received regulatory approval to launch in the United States — a move that could help fill the gap left by the collapse of Silicon Valley Bank in 2023. According to a report by the Financial Times on Wednesday, Erebor has secured a preliminary banking charter but must still clear several compliance and security hurdles before it can begin operations — a process that could take several months. The approval was confirmed by the Office of the Comptroller of the…

Peter Thiel-backed Erebor Bank wins preliminary green light from OCC for national charter

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Key Takeaways The OCC conditionally approved the de novo national bank charter for Erebor Bank. The OCC reiterated its openness to banks engaging in digital asset activities if conducted safely and soundly. Share this article Erebor Bank, a new US bank backed by prominent technology entrepreneurs, including Palmer Luckey, Joe Lonsdale, and Peter Thiel’s Founders Fund, has secured preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) for a new national charter in Columbus, Ohio. According to a Wednesday statement from the OCC, the approval comes…

How to Read Crypto Charts in 2025 Like a Pro

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Key takeaways Crypto charts display open-high-low-close (OHLC) data. OHLC data helps traders track price movements, analyze volatility and identify trading opportunities. The X-axis represents timeframes, while the Y-axis shows price levels, either on a linear or logarithmic scale. Volume bars below the chart help confirm market participation. Candlestick charts remain the most popular for their detail, while line charts offer quick overviews, and bar charts provide an alternative OHLC breakdown. Common patterns such as head and shoulders, double tops and bottoms, triangles, flags, pennants and wedges capture trader sentiment and…

Why Are These Ripple (XRP) ETF Filings the Worst Idea Ever? Analyst Explains

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What’s happening with these new XRP ETF applications? Ripple’s chances of having exchange-traded funds tracking the performance of its own token in the US continue to be extremely high, even though the US SEC keeps delaying almost all applications. However, there is a new set of filings that went on the SEC’s desk this week, which stirred some controversy in the crypto community. VolShares filed for 5x single stock and crypto ETFs incl COIN, CRCL, GOOG, MSTR, NVDA, PLTR, TSLA, Bitcoin, Ether, Solana, XRP… They haven’t even approved 3x…

While Gold Hits All-Time Highs, Bitcoin Slips Under $111,000

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Key points: Bitcoin risks hitting $102,000 again as support higher up looks increasingly weak. Analysis suggests the bull market may be at risk as a result. Gold hits a fresh all-time high, with BTC price action left far behind. Bitcoin (BTC) selling increased at Wednesday’s Wall Street open as BTC price metrics showed little signs of a rebound. BTC/USD one-hour chart. Source: Cointelegraph/TradingView BTC price forecasts see $102,000 as pivotal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting around $111,000, down nearly 2% at the time of writing.…