Crypto weekly is authored by maaria and david blumenfeld

PRICE CHANGE: WTD/YTD
- Crypto Market Cap ($3.79T): -5% / +12%
- BTC ($108,509): -5% / +16%
- ETH ($3,980): -4% / +19%
- SOL ($191): -2% / +1%
- UNI ($6.28): -5% / -52%
- OP ($0.44): -10% / -75%
- COIN ($336): -6% / +35%
- Tether Mkt Cap ($182B): +1% / +31%
- USDC Mkt Cap ($76B): 0% / +73%
- BTC / ETH Dominance: 57% / 13%

THIS WEEK IN CRYPTO
- Bitcoin dropped below $108,800 amid "extreme fear" in the crypto market due to macroeconomic concerns including U.S.-China trade tensions and regional banking issues, with analysts pointing to thin liquidity and leverage as key risk factors. Link.

- The number of public companies holding Bitcoin surged nearly 40% in Q3 2025, collectively holding 1.02 million BTC valued at roughly $110 billion. Link.

- Bitcoin Core version 30.0 removed the 80-byte limit on OP_RETURN data capacity, a restriction that had previously limited the amount of data that could be included in transaction outputs for non-financial purposes, sparking debate between critics concerned about blockchain bloat and proponents advocating for expanded onchain applications. Link.

- Citibank and JPMorgan are expanding their cryptocurrency services, with Citibank planning to launch crypto custody services in 2026 and JPMorgan preparing to roll out crypto trading services. Link.

- Two MIT-graduate brothers, James and Anton Peraire-Bueno, are on trial for allegedly stealing $25 million from cryptocurrency traders through a controversial trading scheme where they exploited MEV bots engaging in sandwich attacks on the Ethereum blockchain. Link.

- $300 trillion of PayPal's PYUSD stablecoin was accidentally minted due to an internal technical error, but the excess was quickly burned with no security breach or customer funds affected. Link. Link.

- Stripe-backed stablecoin infra startup Tempo has raised $500 million in a Series A funding round led by Thrive Capital and Greenoaks at a $5 billion valuation. Link.

- Prominent Ethereum developer Dankrad Feist is leaving the Ethereum Foundation to join Tempo, a stablecoin-focused Layer 1 blockchain project backed by Stripe and Paradigm. Link.

- The Bank of England plans to temporarily impose limits on stablecoin holdings (£20,000 for individuals and £10 million for businesses) to mitigate outflows from banks, but will lift these restrictions once these digital assets no longer pose a threat to the economy's credit system. Link.

- Coinbase added BNB, Binance's native token, to its asset listing roadmap under its new "Blue Carpet" initiative, marking a historic first for the exchange to explicitly support a token issued by its largest competitor. Link.

- OpenSea is launching its SEA token in Q1 2026, allocating 50% of the supply to OG users and rewards program participants and dedicating 50% of platform revenue to token buybacks at launch. Link.

- Ondo Finance has called for greater transparency and more detail regarding Nasdaq's proposal to settle tokenized securities through the DTC clearinghouse before the SEC makes a final decision on the matter. Link.

- Federal Reserve Governor Michael Barr warns the recently passed GENIUS stablecoin law contains significant gaps that could enable regulatory arbitrage by allowing more risk than intended. Link.

- The number of unique stablecoin senders on Ethereum has reached all time highs of over 1 million weekly users. Link.

- A $19 billion crypto market wipeout, primarily concentrated across three exchanges (Hyperliquid, Bybit, and Binance), highlighted the risks of centralization in the cryptocurrency industry, with Binance's technical issues and token pricing changes playing a significant role in the market crash. Link.

- Binance denied allegations of profiting from token listings after Limitless claimed the exchange requested 8% of the project's token supply and $2 million BNB security deposit. Link.

- Binance compensated users $283 million after several tokens (USDe, BNSOL, and WBETH) lost their pegs during extreme market volatility, prompting scrutiny of the exchange's oracle and liquidity systems. Link.

- The SEC is investigating hundreds of crypto treasury deals after analysts detected suspicious share price spikes preceding announcements, with concerns about information leaks and market manipulation. Link.