16h ago
Saturday Top Crypto News
In one short thread…
OpenSea CEO Devin Finzer announced plans to launch the $SEA token in Q1 2026.
50% of the total supply will go to the community, with half distributed via the initial claim — prioritizing OG users and rewards participants…
$SEA will feature staking utilities tied to favorite tokens and collections, and 50% of platform revenue at launch will be used to buy back $SEA, supporting its value and ecosystem growth.
According to Bloomberg, a new report from 10X Research shows that retail investors have lost an estimated $17 billion while trying to gain indirect Bitcoin exposure through digital asset treasury firms such as Metaplanet and Michael Saylor’s Strategy…
The losses stem mainly from excessive equity premiums, which allowed these companies to issue shares at valuations far above their actual crypto holdings.
Bloomberg reports that the Bank of England plans to introduce stablecoin regulations by the end of 2026, with a public consultation set to begin on November 10, 2025…
The proposed framework will take cues from U.S. rules, requiring reserve assets to consist primarily of government bonds with maturities under three months.
It will also allow interest-bearing assets to incentivise issuers and support demand for U.K. sovereign debt.
MrBeast filed a trademark for MrBeast Financial, a planned app offering crypto exchange, payment processing, banking, and insurance services.
The YouTuber would need FinCEN registration, state money transmitter licenses, and SEC/CFTC approval to launch such a platform and none filed yet.
Crypto majors trade at the following levels
BTC 106,940 (down 1.4% in 24 hours)
ETH 3,870 (down 0.8%)
XRP 2.341 (up 0.1%)
SOL 185.19 (down 0.6%)
Have a great weekend!
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