Crypto Brief
CFTC’s Selig Reaffirms Six Tokens as Digital Commodities
Mike Selig cites BTC, ETH, SOL, XLM, XTZ and XRP as digital commodities under the agencies’ March interpretation, while transaction rules still apply.
The Briefs section compiles short, high-importance updates across cryptocurrency, blockchain, digital asset markets, regulation, venture activity, exchanges, and product launches. It is built for readers who want fast access to material developments without the length or structure of full reported features. This page serves as a running editorial feed for time-sensitive items that can affect sentiment, pricing, policy, or sector direction. It complements longer news and analysis by offering a condensed format for tracking the pace of change across the crypto industry.
Mike Selig cites BTC, ETH, SOL, XLM, XTZ and XRP as digital commodities under the agencies’ March interpretation, while transaction rules still apply.
Mike Selig says “BIG news ahead,” pointing to an October 5 Fordham livestream at 11:45 a.m. ET without revealing the announcement’s subject.
BitMine added 15,112 ETH, lifting its treasury to 6.02 million tokens as it approaches its goal of owning 5% of Ethereum’s supply.
Strategy bought 334 BTC for $28.7 million, lifting its holdings to 848,000 bitcoin with funding from MSTR share sales and existing cash.
Bitcoin has passed the 80,000-block countdown milestone ahead of its next halving, which will cut the subsidy to 1.5625 BTC.
Zcash activated NU7 on testnet, cutting target block times from 75 to 25 seconds ahead of a November 5 mainnet target.
Bloomberg Terminal now streams selected Hyperliquid perpetual prices around the clock, covering crypto, commodities, equities, currencies and indexes.
DWF Labs’ Andrei Grachev says proposed $5,000 payments could fuel a crypto rally like 2021, but warns a crisis could follow.
The SEC cleared Cboe BZX to list Volatility Shares’ 3x Bitcoin and Ether products, which target daily futures returns. No launch date was set.
Bitcoin reached about $87,249 after U.S. payrolls rose by just 29,000 and unemployment hit 4.2%, then retreated below $87,000.
Absa says it is Africa’s first bank to offer institutional crypto custody, with a South African service powered by Ripple.
Alex Shevchenko says NEAR Intents has identified its $3.8 million exploiter and gives them 48 hours to return funds, without disclosing their identity.