
SEC Proposes Conditional Self-Custody for Advisers and Funds
The SEC would let advisers and funds hold crypto themselves where no permitted custodian exists. Comments run 60 days from Federal Register publication.
Altcoins, ETH & general crypto

The SEC would let advisers and funds hold crypto themselves where no permitted custodian exists. Comments run 60 days from Federal Register publication.

CoinMarketCap greeted the new month by telling followers that September spending returns 100x in October. Bitcoin traded near $84,800 on Thursday after a green September. The seasonal record behind the slogan is strong, uneven and one year out of date.

Lloyds settled $750,000 of live obligations with Visa in USDC over seven days. Funds landed in under an hour, weekends included.

Florida's payment stablecoin regime took effect on 1 October. Issuers need a state licence, one-to-one reserves and monthly accountant examinations.

Citi raised its 12-month bitcoin target to $113,000 from $82,000 and its ether target to $3,028, pricing in $5 billion of ETF inflows over the year.

PeckShield and CertiK both closed September above $766 million, the costliest month of 2026. Their incident counts are 42 apart.

The FCA started accepting cryptoasset authorisation applications on Wednesday. Firms have until 28 February to file, and the regime begins 25 October 2027.

Kalshi filed to close its Volume Incentive Program from 13 October. It follows reports that the CFTC examined about $5 billion of near-identical ether perp trades.

CryptoQuant's trend gauge reads 90 out of 100. Its own demand series shows about 170,000 BTC of buying gone in 30 days, and futures growth has nearly stopped.

Robinhood is bringing eight perpetual futures contracts to eligible US customers, with up to 10x leverage on bitcoin and ether and 3x on the rest.

Coin-denominated open interest is down about 20% to its lowest since March, while bitcoin sits in the band where more coins were last bought than any other.

Bitget's chief executive said the attacker used a flaw in a third-party security product to obtain admin credentials, then tested the risk system with 0.184 ETH.