
Decrypt
Senator Elizabeth Warren raised concerns about Beast Industries' acquisition of Step, cautioning the company to be careful as it considers incorporating crypto into its mobile banking app for young investors. The 12-page letter focused on Step's past involvement in crypto, including promoting risky investments to teens.
LATEST NEWS

bitcoinmagazine.com
Nordea Bank Abp will introduce a synthetic ETP linked to Bitcoin in December 2025, catering to experienced investors seeking alternative asset exposure. The product, manufactured by CoinShares International Limited, will be available on Nordea's platform without advisory services.

Coindesk
Flutterwave partners with Polygon Labs to enhance cross-border payments in Africa, aiming to reduce costs and speed up transactions using blockchain technology. The collaboration will initially target multinational clients like Uber and Audiomack before expanding to retail remittances through Flutterwave's Send App.

Coindesk
Standard Chartered predicts a $2 trillion market capitalization for non-stablecoin tokenized assets by 2028, matching the expected size of the stablecoin market. DeFi, based on blockchain technology, operates on transparency and code-based trust, enabling non-banks to handle financial activities.

Coindesk
Plasma's XPL token, once highly anticipated, has plummeted by over 80% since its peak in September, now trading at $0.309. Despite claims refuting market manipulation, XPL faces the risk of dropping out of the top 100 tokens with a market cap of $550 million.

Decrypt
U.S. investors have shown decreased interest in Ethereum and Bitcoin, with Bitcoin experiencing a 2.8% price drop, leading to significant liquidations in the crypto market. Factors such as macro uncertainty, bond yields, and fading speculative appetite are contributing to this shift.

Decrypt
The Australian Federal Police Commissioner disclosed how a data scientist cracked a $6 million crypto wallet, preventing a criminal from profiting. By identifying a pattern missed by computers, the analyst decoded a 24-word recovery phrase, leading to another successful wallet recovery.

Decrypt
Thai authorities apprehended a Chinese national accused of orchestrating a crypto Ponzi scheme that defrauded nearly 100 individuals in China. The suspect, Liang Ai-Bing, was arrested in Bangkok after a raid on a luxurious residence where he had been evading Chinese law enforcement.

Decrypt
Experts suggest that Bitcoin may benefit from gold's recent pullback, potentially leading to a catch-up trade. Gold historically recovers from similar drops within two months, while Bitcoin remains relatively strong this week.

Decrypt
IBM's recent quantum advancement with a 120-qubit entangled state brings the possibility of a quantum computer capable of breaking Bitcoin's encryption closer. The experiment showcases multipartite entanglement, a crucial step towards quantum computers powerful enough to crack modern cryptography.

Decrypt
Michael Saylor remains optimistic about Bitcoin, expecting it to reach $150,000 by year-end due to decreasing volatility and a more structured market. He also predicts a potential rise to $1 million per coin in the next four to eight years and $20 million in the long term.