Cryptonews

Bitcoin Magazine Charles Schwab Sees 90% Spike in Crypto Interest, Plans Spot Bitcoin Trading in 2026 Charles Schwab is seeing booming engagement from retail investors in its crypto products. In an interview with CNBC, CEO Rick Wurster said that visits to Schwab’s crypto platform have increased by 90% year-over-year, signaling strong investor appetite for Bitcoin ETFs, Bitcoin futures, and other crypto exchange-traded products. Schwab clients now hold roughly 20% of all crypto ETPs in the U.S. Wurster emphasized that the company is responding to this demand by providing a wide array of crypto investment options and educational resources, combining digital access with traditional client support through calls and branch offices. Charles Schwab will also offer spot Bitcoin trading in the first half of 2026. CEO Rick Wurster shared the news during Schwab’s third-quarter earnings call , where the company reported $134.4 billion in net new assets, marking a 48% year-over-year increas...

Bitcoin Magazine Arthur Hayes Preparing $250 Million Private Equity Fund for Crypto Firms Arthur Hayes, co-founder of BitMEX and a prominent figure in the bitcoin world, is reportedly preparing for a high-profile return to the sector.  His family office, Maelstrom , is seeking to raise at least $250 million for its debut private equity fund, Maelstrom Equity Fund I, which hopes to acquire four to six medium-sized companies in the crypto space, according to Bloomberg reporting. Each investment is expected to range between $40 million and $75 million, focusing on firms that provide trading infrastructure, data analytics, and other technology services to the crypto ecosystem. Arthur Hayes is known for creating the perpetual swap, transforming crypto trading platform BitMEX. He became the youngest African American crypto billionaire and received a pardon from President Trump after BitMEX’s anti-money laundering failures.  “$BTC on sale,” Hayes posted on X today. “If t...

Bitcoin Magazine Bitcoin Price Slides to $104,000 as Market Fear Hits ‘Extreme’ Levels Bitcoin price has sharply reversed course after reaching a record high above $126,000 just two weeks ago — and the downturn isn’t letting up. The price has now slipped into the $104,000 range, extending a multi-day decline that’s driven market sentiment to its most cautious level in months. Currently, the bitcoin price is is $105,485, but the price was as low as $103,516 in early morning trading on some exchanges. According to the Bitcoin Fear & Greed Index, sentiment now stands at 22/100, marking a shift into the ‘Extreme Fear’ category. The index, which ranges from 0 (extreme fear) to 100 (extreme greed), is widely viewed as a gauge of investor psychology and potential market turning points. Last Friday, on October 10, Bitcoin and the broader crypto market witnessed a drastic and sharp sell-off as President Trump announced sweeping 100% tariffs and export controls in response to Chin...

Bitcoin Magazine Tether Donates $250K to OpenSats to Support Bitcoin and Freedom Tech Tether, the largest company in the digital assets space, announced a $250,000 donation to OpenSats , a 501(c)(3) charity that funds projects strengthening Bitcoin and open, censorship-resistant technologies. The donation will support OpenSats’ operations and grant-making efforts. It will help fund free and open-source initiatives, including protocol development, privacy tools , research, and education, Tether said.  OpenSats directs 100% of donations to grantees, keeping operational costs separate to maintain transparency. “We at Tether believe that Bitcoin, and the free, open-source software that powers it, are indispensable to a freer and decentralized future,” said Paolo Ardoino, CEO of Tether. “OpenSats is on the front line supporting the continued growth of this ecosystem by funding the next generation of innovators, and we are proud to support their work.” Founded to create a sustai...

Bitcoin Magazine Bitcoin Price Struggles Below $110,000 as Gold Soars to New Heights Bitcoin price finds itself in a precarious balance, hovering at $110,000 over the last couple of days after a recent surge to all-time highs and then a drastic pullback.   On the flip side, gold is in a relentless run to new all-time high as more investors run for safe-haven assets. Bitcoin price dropped to $108,000 over the weekend but rebounded to the $116,000 range early this week. Over the last couple of days, the bitcoin price has been between $110,000 and $112,000.  Bitcoin’s current positioning reflects signs of consolidation and of being undervalued, according to Bitcoin Magazine Pro data. Bitcoin price rebounded from an oversold level on the Advanced NVT Signal for the first time since $75K, indicating it’s currently undervalued based on network activity. But it appears like the broader crypto market is navigating risk-off sentiment as trade tensions between the U.S. a...

Bitcoin Magazine U.S. Bank Launches Crypto and Money Movement Division, Names Jamie Walker to Lead U.S. Bank has established a new Digital Assets and Money Movement organization, in hopes to “to accelerate development of and grow revenue from emerging digital products and services such as stablecoin issuance, cryptocurrency custody, asset tokenization and digital money movement.” In other words, U.S. Bank is further jumping into the bitcoin and broader crypto space.  The Minneapolis-based institution, the fifth-largest bank in the United States, announced that payments veteran Jamie Walker will lead the new division.  Walker, who has been with U.S. Bank for over two decades, currently serves as head of Merchant Payment Services (MPS) and CEO of Elavon, the bank’s global merchant acquiring business. He will continue in that role until a successor is named, after which he will report to Dominic Venturo, U.S. Bank’s chief digital officer. “Digital assets are rapidly ev...

Bitcoin Magazine Kenya’s New VASP Law: A No-BS Legal Guide for Bitcoin and Crypto Builders Kenya has passed a Virtual Asset Service Providers (VASP) law that fundamentally reshapes the regulatory landscape for digital assets in the country. In plain English: it doesn’t regulate Bitcoin the protocol or your private self-custody . Instead, it regulates companies that touch customer assets — exchanges, custodians, token issuers, investment advisors, brokers, and trading platforms. The law creates a licensing perimeter around commercial intermediaries and gives regulators enforcement teeth over that perimeter. Think of it as drawing a regulatory fence around businesses that handle other people’s bitcoin and crypto, whilst leaving individual users and peer-to-peer (P2P) transactions outside the gate. This distinction is critical: the Act targets virtual asset services , not the underlying technology or private ownership. If you’re holding your own keys and transacting directly with ...

Bitcoin Magazine Bitcoin Price Falls to $110,000 as Bitcoin Corporate Adoption Hits Record Highs Bitcoin is holding steady in the $110,000s today, a little over a week after surging to a new all-time high above $126,000. Bitcoin price slipped from 24-hour highs near $113,600 to the low $110,000s today. This price action follows a rough weekend that saw over $19 billion in leveraged positions liquidated, forcing more than 1.6 million traders out of their positions as cascading margin calls swept across exchanges. The bitcoin price fell to the low $100,000s on Friday, October 10, as U.S. and China trade tensions rattled global markets. President Donald Trump announced new 100% tariffs on Chinese goods after Beijing unveiled sweeping export controls set to begin Nov. 1.  At the time of writing, bitcoin is trading around $111,500. Bitcoin and growing corporate interest  Corporate interest in bitcoin accelerated sharply in the third quarter of 2025, with 172 public comp...

Bitcoin Magazine Bitcoin Mining Stocks Are Ripping: BTDR, CIFR, IREN and CLSK Among Winners Bitcoin mining stocks have been on the rise in recent months, and today’s gains continue that momentum. This sector-wide rally has pushed the combined market capitalization of major miners to over $90 billion — more than double levels from just two months ago. Leading the charge today is Bitdeer Technologies (BTDR), whose shares jumped as much as 30% early Wednesday to $27.31, hitting their highest level in over a year. The Singapore-based miner reported a 32.9% increase in realized hashrate in September, fueled by the deployment of its proprietary mining rigs , making it the world’s fifth-largest public Bitcoin miner.  Bitdeer also mined 452 BTC in September, a 20.5% rise from August, and its self-mining hashrate now stands at 35 exahashes per second (EH/s), with a target of 40 EH/s by month’s end. Bitcoin mining stock success The monthly momentum has spread across nearly the ent...