Basel Committee reviews bank crypto-asset rules amid stablecoin surge: Report

Posted on 31/10/2025 by admin

Global banks may soon take a more favorable view of cryptocurrencies as the Basel Committee on Banking Supervision (BCBS) prepares to revise its landmark guidance on crypto exposure, according to a Bloomberg report published Friday.

Citing sources familiar with the matter, Bloomberg revealed that the Basel Committee’s 2022 guidance on banks’ treatment of crypto will be updated next year to reflect a more accommodating stance. This comes after the initial 2022 standards led many banks to avoid crypto altogether, interpreting the rules as a cautionary signal.

The Basel Committee has recently held talks assessing the appropriateness of its previous rules, which have yet to be fully implemented by major jurisdictions including the United States, United Kingdom, and the European Union.

### The Need for Updated Rules

The surge in stablecoins’ popularity drives the need for new regulations. Stablecoins were recently regulated in the US through the GENIUS Act and are now permitted for payment uses.

Under current Basel rules, stablecoins issued on public blockchains face the same capital charges as higher-risk assets like Bitcoin (BTC) and Ether (ETH). This equivalence has drawn criticism from market participants who argue that regulated, asset-backed stablecoins carry significantly lower risks.

### A Powerful Standard-Setting Body

The Basel Committee is a global organization responsible for setting international standards on bank regulation, focusing on capital adequacy, risk management, and supervision. Its frameworks, such as Basel III, aim to ensure banks worldwide remain stable and resilient — thereby reducing the risk of global financial crises.

### Industry Perspectives

Chris Perkins, president of investment company CoinFund, commented in mid-August that the capital requirements imposed by the Basel Committee create a “chokepoint” restricting the growth of the crypto industry. Perkins stated:

> “It’s a very nuanced way of suppressing activity by making it so expensive for the bank to do activities that they’re just like, ‘I can’t.’”

### Varied Approaches Across Countries

According to the Bloomberg report, some countries, including the US, are proactive in reviewing the standards before implementation to remain ahead of regulatory developments. Others prefer to adopt the current standards first and consider revisions at a later stage.

Notably, the European Union’s Markets in Crypto-Assets (MiCA) Regulation already allows stablecoins to receive capital treatment aligned with their backing, typically in cash and cash equivalents.

—

As the Basel Committee moves forward with updating its crypto exposure rules, the banking and crypto sectors alike will be watching closely for changes that may impact how digital assets are integrated into the traditional financial system.
https://cointelegraph.com/news/maybe-a-hed-like-basel-committee-reviews-bank-crypto-asset-rules-amid-stablecoin-surge?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Here’s How Much Bitcoin Michael Saylor Still Holds in 2025

Posted on 30/10/2025 by admin

Michael Saylor’s early conviction in Bitcoin has evolved into one of the most remarkable personal investment stories in modern financial history. The MicroStrategy co-founder, who first revealed his personal Bitcoin holdings back in 2020, is now seeing his bet pay off in extraordinary fashion as the leading cryptocurrency hovers around the $110,000 mark.

In an X post dated October 28, 2020, Saylor disclosed that he owned 17,732 BTC, purchased at an average price of $9,882 per coin. At the time, Bitcoin was trading below $14,000, and many institutional investors were still skeptical about adopting digital assets. Saylor’s personal investment totaled roughly $175 million.

Today, at around $110,000 per BTC, that same stash is worth nearly $1.95 billion—representing a gain of more than 1,000% in just five years.

### From Skeptic to Bitcoin’s Loudest Advocate

Before his public embrace of Bitcoin, Saylor was known for running one of the largest business intelligence companies in the world. In the early 2010s, he was openly skeptical about cryptocurrencies. But by 2020, faced with the accelerating devaluation of fiat currencies and the rising appeal of digital scarcity, he began to reassess his stance.

His personal accumulation of Bitcoin preceded MicroStrategy’s historic move to convert a portion of its corporate treasury into BTC. Saylor informed the company’s board of his own holdings before the firm made its first purchase, ensuring full transparency.

This step marked the beginning of what would become one of the largest and most influential Bitcoin accumulation strategies ever executed by a public company.

### MicroStrategy’s Strategy Becomes a Blueprint

MicroStrategy’s entry into Bitcoin not only reshaped its own identity but also influenced broader corporate treasury policies across the tech and finance sectors. The company now holds 640,808 BTC, valued at nearly $70.6 billion based on current market prices.

Saylor’s steadfast advocacy and consistent accumulation have positioned MicroStrategy as a de facto Bitcoin proxy stock. Shares of the company have closely mirrored Bitcoin’s performance, often serving as a leveraged play for institutional investors seeking exposure to the crypto market without directly purchasing BTC.

Despite periods of volatility and market downturns, Saylor has maintained his long-term thesis: that Bitcoin is a superior form of money designed to outlast inflationary pressures, currency debasement, and political uncertainty. His frequent appearances on financial media and social platforms have made him one of the most visible ambassadors of the Bitcoin movement.

### Bitcoin Consolidates Above $110K

Recent data from TradingView shows Bitcoin continuing to hold above the $110,000 level, with moderate volatility but consistent support near the six-figure zone. After a strong performance throughout the year, BTC has shown resilience even amid tightening monetary conditions and shifting macroeconomic signals.

The current trend highlights investor confidence returning to the market as expectations build around the next wave of institutional inflows, fueled by ETF approvals, sovereign fund interest, and renewed adoption from major payment networks.

At this price, Saylor’s personal holdings alone account for nearly $2 billion, and MicroStrategy’s total BTC position is among the most valuable single-asset corporate treasuries in the world. Together, they represent a combined exposure exceeding $26 billion to Bitcoin—a figure unmatched by any other institution.

### A Long-Term Vision Still Unfolding

Five years after Saylor’s disclosure, his conviction remains unchanged. He continues to advocate for dollar-cost averaging into Bitcoin and has often referred to the asset as “digital energy” or “digital property.”

While skeptics continue to question Bitcoin’s volatility and long-term scalability, Saylor’s persistence has solidified his status as one of the asset’s most influential champions.

As Bitcoin flirts with new highs, both Saylor’s personal fortune and MicroStrategy’s market valuation remain tightly bound to the cryptocurrency’s performance. With growing institutional interest and an increasingly mature digital asset market, his early faith in Bitcoin appears far from misplaced, and the story of his 17,732 BTC purchase has become part of crypto legend.

—

**Author:** Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
https://coindoo.com/heres-how-much-bitcoin-michael-saylor-still-holds-in-2025/

Pi Coin Surges Over 30% as Bulls React to Major Network Milestone

Posted on 29/10/2025 by admin

Pi Network’s native token, Pi Coin, is once again in the spotlight as it extends its impressive recovery streak, surging more than 30% over the past week. The latest upswing follows growing market enthusiasm after reports confirmed that Pi Network has joined the ISO 20022 group, aligning itself with leading compliant digital assets such as Ripple (XRP) and Stellar (XLM).

**Pi Coin Targets Key Breakout Levels**

After rebounding from the $0.19 area last week, Pi Coin continued to climb steadily, reaching above $0.28 in today’s session—its highest level since early September. The move represents an 11% gain in the last 24 hours and signals renewed confidence among traders.

Technical charts show that Pi has successfully broken out of its consolidation range, reclaiming momentum after multiple retests of the $0.23 support zone. This breakout confirms a short-term trend reversal and places the next major resistance around $0.36, where the price was last rejected in August.

A sustained move above this level could open the door toward a broader mid-term rally. Market analyst Devid James commented that the recent upward breakout highlights a strengthening price floor and expanding buying pressure, noting that the bullish structure could remain intact as long as Pi stays above $0.23.

**ISO 20022 Alignment Strengthens Market Confidence**

Beyond price action, Pi Network’s integration with the ISO 20022 standard has been a major catalyst behind its latest rally. The alignment places Pi alongside global financial messaging protocols already adopted by major banks and compliant cryptocurrencies such as XRP and Stellar.

This development enhances Pi Network’s potential for interoperability with traditional financial systems, paving the way for smoother cross-border transfers and improved regulatory compatibility. For investors, the move signals growing maturity and institutional readiness for Pi’s ecosystem.

**Expanding Ecosystem and KYC Progress**

The broader Pi Network ecosystem continues to evolve rapidly. In Q4 2025, the network is expected to implement the long-awaited Protocol 23 upgrade, which will focus on scalability improvements and faster transaction throughput.

Meanwhile, the project’s KYC expansion remains strong. Over 3.36 million additional Pioneers have completed full identity verification under the network’s revised system, while another 4.76 million previously tentative cases are now eligible for full KYC completion. This progress is expected to accelerate mainnet migration and overall ecosystem stability.

**The Road Ahead**

With its price regaining strength and institutional prospects improving, Pi Coin appears to be entering a more defined growth phase. Still, traders will be watching closely for confirmation above $0.36, a key breakout point that could determine whether Pi’s current momentum evolves into a full-fledged rally.

—

*The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

**Author:**
*Alexander Zdravkov*
Reporter at Coindoo

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
https://coindoo.com/pi-coin-surges-over-30-as-bulls-react-to-major-network-milestone/

Trump Criticizes Fed Chair Powell Over Interest Rate Policy

Posted on 29/10/2025 by admin

**President Trump Criticizes Federal Reserve Chair Jerome Powell at Asia-Pacific Economic Cooperation Summit**

On October 29, 2025, President Donald Trump openly criticized Federal Reserve Chair Jerome Powell during the Asia-Pacific Economic Cooperation (APEC) summit held in South Korea. Trump ridiculed the Fed’s interest rate policies, highlighting ongoing tensions that could influence U.S. economic strategies and impact market confidence—particularly in interest-sensitive assets such as cryptocurrencies.

### Trump Mocks Powell: Calls for Faster Rate Cuts

Speaking at the APEC summit, Trump labeled Jerome Powell as “Jerome ‘Too Late’ Powell,” a sharp critique of the Fed chair’s handling of interest rate cuts. His remarks drew laughter from the audience and underscored his frustration with what he perceives as the slow pace of monetary policy adjustments.

Trump emphasized his insistence that the Federal Reserve keep interest rates low despite inflation risks. He confidently predicted that the U.S. economy will achieve 4% growth in early 2026—a forecast significantly more optimistic than the median economist predictions.

“We will not let the Fed raise interest rates because they are worried about inflation three years from now,” Trump declared, reinforcing his stance against the Fed’s cautious approach.

### Crypto Markets Watch Fed Moves Amid Rate Debate

Historically, President Trump’s public criticisms of the Federal Reserve have triggered short-term market volatility and sparked debates regarding the stability of the U.S. dollar. Such debates have indirectly fueled interest in cryptocurrencies as alternative stores of value.

As of now, Bitcoin (BTC) is priced at $113,069.26, according to CoinMarketCap. The cryptocurrency boasts a market capitalization of $2.25 trillion and maintains a market dominance of 59.22%. With a maximum supply capped at 21 million and a circulating supply of approximately 19.94 million BTC, the digital asset experienced a slight decline of 0.51% in the last 24 hours.

—

Stay tuned for more updates on how Federal Reserve policies and global economic developments continue to shape market dynamics and investor sentiment.
https://bitcoinethereumnews.com/tech/trump-criticizes-fed-chair-powell-over-interest-rate-policy/?utm_source=rss&utm_medium=rss&utm_campaign=trump-criticizes-fed-chair-powell-over-interest-rate-policy

Trump Nominates Michael Selig as New CFTC Chair

Posted on 25/10/2025 by admin

U.S. President Donald Trump has chosen Michael Selig as the chair of the Commodity Futures Trading Commission (CFTC), according to Bloomberg reports on Friday. This nomination replaces his previous nominee, Brian Quintez, following pressure from Tyler and Cameron Winklevoss, founders of Gemini.

### Selig as the New CFTC Chair

Michael Selig currently serves as chief counsel for the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force and Senior Advisor to SEC Chairman Paul Atkins. Before joining the SEC, Selig was a partner at the law firm Willkie Farr & Gallagher LLP, where he specialized in asset management and digital assets regulation.

Selig’s extensive background positions him well to promote greater coordination between the SEC and CFTC, two key agencies overseeing financial markets. This nomination is closely tied to the implementation and impact of the CLARITY and GENIUS Act, which are expected to shape crypto regulation.

With Selig at the helm of the CFTC, he will have direct influence on how major cryptocurrencies and tokenized assets are regulated in practice. He is expected to leverage his cross-agency experience to harmonize regulatory frameworks related to spot crypto trading, tokenized collateral, and investor protections. These efforts are likely to advance institutional confidence in regulated digital assets.

### Industry Reaction

Earlier this month, when Selig emerged as the leading candidate for CFTC Chair, Jake Chervinsky, chief legal officer at the Variant Fund, described the development as a pivotal moment for U.S. crypto policy. He said:

> “There’s nothing more important for crypto policy than the White House nominating a new CFTC chair, and nobody better than Mike Selig for the job. I’ve had the honor of knowing Mike for years, and he’s the real deal: a brilliant lawyer and proven leader perfect for this role.”

Chervinsky also praised Selig as a trustworthy and skilled lawyer with proven leadership experience, qualities that could help stabilize and advance crypto oversight in a positive and more predictable manner.

### What’s Next? Senate Vote

Following President Trump’s nomination, Selig must be approved by the U.S. Senate before officially taking office. The confirmation process involves a hearing before the Senate Agriculture Committee, which typically handles CFTC nominations.

During the hearing, Selig will likely face questions regarding his qualifications and his stance on current U.S. regulations. If he receives Senate approval, Selig can officially begin his term as Chair of the Commodity Futures Trading Commission.
https://coinpedia.org/news/trump-nominates-michael-selig-as-new-cftc-chair/

Fintech Giant Robinhood Embraces Binance Coin (BNB) and Hyperliquid (HYPE)

Posted on 23/10/2025 by admin

Robinhood, a popular retail trading platform that allows users to invest in stocks, ETFs, and cryptocurrencies, has officially listed BNB, the native token of Binance. With over 26 million clients, Robinhood offers trading in various digital assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), Shiba Inu (SHIB), and many more.

The addition of BNB to Robinhood’s platform has sparked enthusiasm across the crypto community. Some prominent users on X (formerly Twitter) believe this move could trigger an additional price surge for BNB. One user, known as Investor Jordan, described the initiative as “massive,” predicting that BNB could soar past $2,000 “once the crowd returns.”

As of now, BNB’s price hovers around $1,090. This marks a notable decline from the all-time high of nearly $1,400 reached earlier this month, yet it still represents an impressive 45% increase over the past three months.

At its peak, BNB became the third-largest cryptocurrency by market capitalization, exceeding $190 billion. However, Tether’s USDT has since reclaimed its spot in the top three, pushing Binance’s native token to fourth place with a market cap of approximately $150 billion.

You may also like:
– BNB Meme Coin Frenzy Creates Overnight Millionaires and Costly Mistakes
– Bitcoin (BTC) Taps a New ATH Above $126K, These Alts Head South: Market Watch
– Binance Coin (BNB) Flips Ripple (XRP) Following Record-Breaking Price Surge
https://cryptopotato.com/fintech-giant-robinhood-embraces-binance-coin-bnb/

Are Stablecoins Just Corporate Versions of CBDCs?

Posted on 19/10/2025 by admin

While stablecoins are often promoted as a bridge between traditional finance and digital assets, venture capitalist Jeremy Kranz believes they may instead be paving the road toward corporate-controlled money. The Sentinel Global founder has raised alarms about what he calls “central business digital currency,” a new form of private money that, in his view, mirrors the surveillance and control mechanisms of state-backed CBDCs.

Kranz argues that trusting major financial institutions to issue digital dollars could expose users to the same dangers they fear from governments. “If a large bank decides who can transact, freezes balances, or enforces political restrictions, how is that different from a central bank digital currency?” he asked. He warned that regulatory frameworks like the Patriot Act already grant corporations and authorities significant control over access to funds.

### Hidden Risks Beneath the Promise of Stability

According to Kranz, the notion that stablecoins are safer than cryptocurrencies is misleading. Those backed by cash or short-term government securities are still vulnerable to liquidity crises—digital versions of the same “bank runs” that once toppled financial institutions.

Meanwhile, algorithmic and synthetic stablecoins carry their own fragilities, relying on market behavior and code that can unravel in moments of extreme volatility. He compared these systems to experimental engines: impressive, but prone to failure when pushed too hard.

“People assume stability means safety,” Kranz said. “In reality, it just means the risk is harder to see.”

### Innovation Moving Faster Than Oversight

The rapid evolution of tokenization and blockchain-based finance, Kranz added, is producing both extraordinary opportunities and dangerous blind spots. He described the current wave of innovation as “ten black swan events happening at once,” where breakthroughs in one corner of the market can trigger unexpected consequences elsewhere.

The total value of stablecoins in circulation recently passed $300 billion, according to DeFiLlama—a sign of surging adoption but also growing systemic exposure. With so much money now tied to private issuers, Kranz fears the next major disruption could come from within the sector itself.

### A Divided Political Landscape

The debate has also spilled into Washington, where the new GENIUS stablecoin bill has split lawmakers. Supporters view it as a necessary regulatory step, while critics call it a disguised path toward centralized digital control.

Representative Marjorie Taylor Greene went as far as calling it a “Trojan Horse,” claiming it could usher in a cashless society run by institutions capable of freezing or monitoring every transaction.

For Kranz, the heart of the issue isn’t whether digital currencies are public or private—it’s who holds the power to turn them off. He believes the same technology that could democratize finance can also be used to confine it, depending on who’s behind the code.

“Technology doesn’t choose sides,” he said. “But people do. And that’s what investors need to understand before they hand their trust to a token.”

—

**About the Author**

Alex is a reporter at Coindoo and an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content.

Follow his publications to stay up to date with the most important trends and topics.
https://coindoo.com/are-stablecoins-just-corporate-versions-of-cbdcs/

Bitcoin Cash Plunges 8.2% as Federal Rate Cuts Signal Economic Headwinds

Posted on 17/10/2025 by admin

**Quick Take on Bitcoin Cash (BCH)**
– Trading at $467.40 (down 8.2% in 24 hours)
– Federal Reserve rate cuts trigger risk-off sentiment across crypto markets
– Bitcoin Cash testing lower Bollinger Band support at $480.32
– Strong correlation with Bitcoin’s decline amplifies selling pressure

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### Market Events Driving Bitcoin Cash Price Movement

The most significant catalyst pressuring BCH price today is Bitcoin’s sharp decline below critical support levels. This breakdown triggered a market-wide selloff affecting all major altcoins. Bitcoin Cash has closely followed this bearish momentum, with a strong correlation between the two cryptocurrencies during periods of market stress.

Adding to the negative sentiment, the Federal Reserve’s unexpected resumption of rate cuts signals mounting economic concerns, causing investors to flee risk assets. This macroeconomic development has particularly impacted cryptocurrency markets, as digital assets remain sensitive to shifts in monetary policy and overall economic outlook.

Earlier this week, corporate Bitcoin holdings surged to $117 billion, providing some institutional validation for the crypto sector. However, this positive is currently overshadowed by immediate selling pressure driven by Bitcoin’s technical breakdown and broader economic uncertainty.

—

### Bitcoin Cash Technical Analysis: Testing Lower Support

#### Price Action Context
Bitcoin Cash price has fallen decisively below all major moving averages. The current level of $467.40 sits well beneath the 7-day Simple Moving Average (SMA) at $517.10 and the 20-day SMA at $556.46. BCH is now trading closer to its 200-day moving average at $482.17—a critical long-term support level that could determine its next major directional move.

Trading volume stands at $52.9 million on Binance spot markets, indicating heightened selling activity, though not at panic levels that would suggest capitulation.

#### Key Technical Indicators
– **RSI (Relative Strength Index):** At 30.92, BCH is entering oversold territory, suggesting the potential for a near-term bounce if broader market conditions stabilize.
– **MACD (Moving Average Convergence Divergence):** Remains deeply bearish at -20.08, with the histogram continuing to decline, indicating persistent downward momentum.
– **Stochastic Oscillator:** At 14.06, confirming the oversold condition.
– **%B Indicator:** At -0.0848, BCH is trading below the lower Bollinger Band, typically a sign of extreme selling pressure.

—

### Critical Price Levels for Bitcoin Cash Traders

**Immediate Levels (Next 24-48 hours):**
– **Resistance:** $480.32 (lower Bollinger Band acting as resistance)
– **Support:** $443.20 (24-hour low and key psychological level)

**Breakout/Breakdown Scenarios:**
– A break below $443.20 could trigger additional selling toward the $400 psychological support level.
– Conversely, a recovery above $480 would need to reclaim the lower Bollinger Band to signal potential stabilization, with initial upside targets at $517 (7-day SMA).

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### BCH Correlation Analysis

– **Bitcoin:** A high positive correlation continues, with BCH amplifying Bitcoin’s 24-hour decline.
– **Traditional Markets:** Bitcoin Cash is following broader risk-off sentiment as Federal Reserve policy shifts suggest economic weakness.
– **Sector Peers:** Underperforming relative to some large-cap altcoins but aligned with the overall crypto market direction.

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### Trading Outlook: Bitcoin Cash Near-Term Prospects

**Bullish Case**
Stabilization above the 200-day MA at $482.17, combined with Bitcoin finding support, could spark a relief rally toward the $517-$530 resistance zone. Oversold RSI conditions support the potential for a technical bounce if macro sentiment improves.

**Bearish Case**
Failure to hold $443.20 support amid continued Bitcoin weakness could see BCH price test the $400-$420 range. Fed policy uncertainty and broader economic concerns remain significant headwinds for risk assets.

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### Risk Management Recommendations

Conservative traders should consider stop-loss orders below $440 for long positions, while the high daily Average True Range (ATR) of $34.53 suggests that position sizing should account for continued elevated volatility in the current market environment.

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*Image source: Shutterstock*
https://Blockchain.News/news/20251017-bitcoin-cash-plunges-82-as-federal-rate-cuts-signal-economic

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