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Russia’s Crypto Industry Could Gain Legal Status by Year-End, Central Bank Says
Russia’s central bank says the country’s crypto industry could be operating legally by the end of 2026. Bitcoin Magazine reports that Russia has continued advancing cryptocurrency regulation this year, though specific rules were not provided.
Bitcoin Magazine
Sony Ownership Warning Revives Debate Over NFTs for Digital Games
Sony’s stance that players do not own purchased games has renewed debate over NFTs as a route to digital ownership. Crypto advocates support the model, but privacy weaknesses and integration challenges continue to limit adoption.
Decrypt
Bitcoin Climbs Above $86,000 as Analysis Points to New Bull Market
Bitcoin crossed $86,000 for the first time since late January as falling oil prices and supply concerns supported US stocks. Cointelegraph also cited analysis characterizing crypto as being in a “new bull market.”
Cointelegraph
Apple and Google Recruit Senior Crypto Talent in Payments and Blockchain
Apple and Google are seeking senior crypto talent for Apple’s consumer payments and Google Cloud’s institutional blockchain operations in Asia, according to Decrypt, signaling deeper interest in digital assets and potential stablecoin-related opportunities.
Decrypt
Crypto Political Group Plans $30 Million Campaign Against Sherrod Brown
A crypto political group plans to spend $30 million against Sherrod Brown’s Senate bid, marking its largest 2026 outlay. The move follows Fairshake’s record $40 million effort against Brown two years ago.
CoinDesk
Bitcoin Breaks Eight-Month Ceiling as Rally Gains Momentum
Bitcoin has broken an eight-month ceiling in a rally linked to a short squeeze and falling oil prices. The next three weeks will be key in determining whether BTC can sustain the breakout.
Decrypt
Bitcoin Moves Above $86,000 Despite Clarity Act Setback
Bitcoin rose above $86,000 despite a setback for the Clarity Act, Bitcoin Magazine reported. The move came as the cryptocurrency’s price performance diverged from developments affecting proposed crypto legislation.
Bitcoin Magazine
Bitmine Adds $74 Million in Ethereum as Tom Lee Says Crypto Bull Market Is Underway
Bitmine bought another $74 million in Ethereum, bringing its holdings to nearly 5.99 million ETH, or 4.9% of supply. Chairman Tom Lee said Ethereum’s outperformance supports his view that a crypto bull market is underway.
Decrypt
ECB Plans Tokenized Bond Purchases Using Its Own Funds
The ECB plans to buy tokenized bonds with its own funds after launching a system connecting its payment infrastructure to blockchain-based financial markets, CoinDesk reported. Details on timing, instruments and transaction size were not provided.
CoinDesk
Clarity Act Failure Seen as Boost for Banks and Offshore Crypto Hubs
CoinDesk cited experts who say the Senate’s failure to pass the Clarity Act benefits banks opposing stablecoin yields and overseas crypto hubs such as Dubai, leaving the bill’s intended regulatory changes unresolved.
CoinDesk
Bitcoin Reaches $85,000 as Altcoins Rally; O’Leary Backs $1 Million Target With Caveat
Bitcoin rose to $85,000 and set a new local high during a broad overnight altcoin rally. Decrypt also reported Kevin O’Leary’s call for a potential $1 million Bitcoin, qualified by an unspecified caveat.
Decrypt
Multicoin Capital’s Kyle Samani Expects SOL to Surpass Ethereum This Cycle
Multicoin Capital co-founder Kyle Samani expects Solana (SOL) to surpass Ether (ETH) by market capitalization during this market cycle and argues that Ethereum currently has little real-world usage.
Cointelegraph
Bitmine Buys $75 Million in Ether as Tom Lee Says Institutions Remain Underweight
Bitmine bought $75 million of ether as chairman Tom Lee said institutions remain underweight in crypto. Lee said ether’s strong third quarter could encourage investors to increase their digital-asset exposure.
CoinDesk
Tim Draper Says Apple and Meta Should Hold Bitcoin Amid Fiscal Risks
Tim Draper said Apple and Meta should hold Bitcoin, arguing that continued government spending could lead to hyperinflation or interest rates high enough to break banks, Bitcoin Magazine reported.
Bitcoin Magazine
Strategy’s Bitcoin Holdings Move Within 0.2% of June High
Strategy’s Bitcoin holdings have risen by 5,553 BTC from their August low of 840,447 BTC, moving the treasury within 0.2% of its June record after a reported $76 million purchase.
Decrypt