The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: BTCFi’s Big Problem: 77% of Bitcoin Holders Haven’t Even Tried It, Says Survey Ethereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To Mainnet...
Read More
Stellar (XLM) Rebounds Sharply as Institutional Interest Fuels Recovery Momentum
Stellar’s native token XLM experienced heightened volatility over the past 24 hours, fluctuating between $0.38 and $0.39 — a 3% range — before closing near session highs. After dipping to $0.38 early on Oct. 8, the asset mounted a swift recovery, regaining ground above $0.39 by the end of...
Read More
Solana’s Jupiter to Develop JupUSD Stablecoin With Backing From Ethena Labs
Solana-based decentralized exchange Jupiter is rolling out its own stablecoin, JupUSD, by the end of the year. The coin will be native to Solana and tightly integrated across Jupiter’s ecosystem, including its perpetuals platform, lending markets, and trading interfaces, the DEX shared on X on Wednesday. JupUSD is being...
Read More
Bitcoin’s On-Chain Profitability Has Surged With 97% of Supply Now in Profit: Glassnode
Bitcoin’s latest breakout is being fueled by institutions and steady on-chain demand rather than speculation, according to new data from Glassnode. In the Oct. 8 edition of its “The Week On-chain” newsletter, the analytics firm said bitcoin’s surge to a new all-time high near $126,000 earlier this week was...
Read More
This Trend Has Marked Local Tops in Bitcoin, but This Time May Be Different
Short-term holders (STHs) have added roughly 450,000 BTC to their supply since July, now holding around 2.6 million BTC according to Glassnode data. STHs are defined as investors who purchased bitcoin within the past 155 days.This increase marks the third distinct cycle of rising STH activity since the start...
Read More
Ethereum’s Fusaka Upgrade Could Cut Node Costs, Ease Adoption
Ethereum developers are preparing for the network’s second major upgrade this year, known as Fusaka, set to go live at the end of November or beginning of December, pending final testnet results. Fusaka — a blend of the names Fulu and Osaka — consists of two simultaneous upgrades to...
Read More
3 reasons why XRP’s time spent under $3 could be short-lived
Despite XRP’s dip below $3, strong whale accumulation, ETF optimism, and bullish technicals suggest that a rebound is brewing....
Read More
Cathie Wood Backed BitMine’s 600% Stock Surge — But Kerrisdale Warns ‘Premium Is Destined To Sink’
BitMine Immersion Technologies Inc (NASDAQ:BMNR) has been on a meteoric rise this year—up more than 600% since it began trading in June 2025—driven by its pivot from Bitcoin (CRYPTO: BTC) mining to an Ethereum (CRYPTO: ETH) -focused digital-asset treasury. The company now claims the crown as the world’s largest...
Read More
North Dakota plans to launch USD-backed Roughrider Coin in 2026
North Dakota’s stablecoin initiative could accelerate blockchain adoption in state banking, influencing future digital currency regulations. The post North Dakota plans to launch USD-backed Roughrider Coin in 2026 appeared first on Crypto Briefing....
Read More
Why Is Trump Silent On The Bitcoin Reserve? BPI Director Explains
The Bitcoin Policy Institute’s executive director, Matthew Pines, says the Trump administration’s silence on a Strategic Bitcoin Reserve (SBR) is calculated, not complacent. In a new interview with Natalie Brunell, he argues Washington is deliberately studying how to graft Bitcoin—“digital gold”—onto the dollar system while geopolitical and financial conditions...
Read More