Today’s crypto headlines were led by weaker market flows and a mix of policy and infrastructure developments. Bitcoin and Ether faced selling pressure, while EU, Greek, and U.S. policy stories, plus new institutional and consumer crypto rails, kept the agenda broad.
Bitcoin weakens as ETF outflows and risk aversion build
Bitcoin slipped below $83,000 as investors pulled money from U.S. spot ETFs, which posted their biggest daily outflow since June and erased October’s net inflows. Broader market stress from rising Treasury yields, higher oil prices, and a stronger dollar added to the pressure.
Sources: CoinDesk, Cointelegraph, CoinDesk
Policy moves focus on stablecoins, taxes, and corruption
EU lawmakers pushed crypto onto the bloc’s anti-corruption agenda, while ESMA urged crypto firms to stop servicing stablecoins that do not comply with MiCA. In Greece, draft legislation would set a 10% capital gains tax on crypto, with a small annual exemption and a proposed November submission to parliament.
Sources: Cointelegraph, Cointelegraph, Decrypt, CoinDesk, Cointelegraph
Institutional and consumer rails expand
Standard Chartered said it plans to offer institutional custody for cryptocurrencies, stablecoins, and tokenized assets in Singapore. Samsung Wallet also said eligible U.S. Galaxy users will be able to send USDC through the app, including cross-border transfers and moves to bank accounts in more than 60 countries.
Sources: CoinDesk, Cointelegraph, Decrypt, Cointelegraph
Security, settlement, and onchain finance remain in view
Ethereum researcher Justin Drake again warned that AI could threaten wallet cryptography sooner than quantum computing, prompting discussion of a “bunker mode” approach for holders. Separately, Sui’s Hashi said it has more than $500 million in Bitcoin finance commitments ahead of mainnet launch, and NUVA said its HOME token will give eligible investors exposure to U.S. home equity credit.
Sources: Decrypt, CoinDesk, CoinDesk, Cointelegraph, CoinDesk
Government-held and older Bitcoin move
The U.S. government moved 9,261 BTC to Coinbase Prime, including newly identified seized funds. In a separate transaction, 100 BTC mined in 2010 moved after more than 16 years of inactivity.
Sources: Cointelegraph, CoinDesk