OCC finalizes federal rules for stablecoin oversight under the GENIUS Act
Tesla and SpaceX formed committees to study a merger that would combine the 30,221 bitcoin the two Musk companies hold.
By Coinucation Research, reviewed by Coinucation Editorial · Published Oct 22, 2026, 07:00 UTC · Covers the last 24 hours to
The 30-second version
- The OCC finalized its GENIUS Act stablecoin framework, leaving the question of rewards open, and the American Bankers Association criticized the rules.
- Tesla and SpaceX set up committees to explore a merger that would put 30,221 bitcoin under one company.
- Bitcoin was at $82,467 (-0.4%) and Ether at $2,430 (-0.5%), with total market cap at $2.79T and the Fear and Greed index at 68, Greed.
- Standard Chartered signed an agreement to acquire crypto custodian Zodia Custody.
- Solana began activating its Alpenglow upgrade, which targets transaction finality of 150 milliseconds.
- President Trump is set to highlight a crackdown on overseas crypto scams aimed at Americans at a White House event.
Market snapshot
change vs the previous wrapYour watchlist
Star coins anywhere on the site and they show up here every morning with their move and any news. Pick coins or sign in to bring your list from the app.
What moved
top 100 by market cap · 24 hoursGainers
- Monero XMR$647.43 +11.7%
- Pearl PEARL$2.36 +8.3%
- Venice Token VVV$27.60 +7.3%
- Lighter LIT$3.63 +6.1%
- Mantle MNT$0.5545 +3.2%
Losers
- Bitway BTW$1.74 -18.3%
- Celestia TIA$0.5761 -8.9%
- LayerZero ZRO$1.88 -7.8%
- Quack AI Q$0.1213 -6.5%
A reason appears only where our data or a primary source supports one; otherwise it is just the move.
The big stories
ranked by how many outlets covered them · 310 headlines read1Samson Mow calls Strategy and bitcoin treasury firms undervalued
Samson Mow said Strategy (MSTR) and bitcoin treasury companies are deeply undervalued. A separate article looked at Elon Musk's idea of energy as money alongside hashrate data in assessing bitcoin's value.
BTC Reporting: BeInCrypto · Bitcoin Magazine.
2Tesla and SpaceX form committees to explore a merger
Tesla and SpaceX created committees to study a possible merger, which Elon Musk has linked to his AI ambitions, according to the FT. A combined company would hold 30,221 bitcoin. SpaceX shares rose 9% after an earnings beat.
BTC Reporting: Crypto Briefing · CryptoSlate.
3Solana starts activating Alpenglow upgrade
Solana began activating its Alpenglow upgrade, which is designed to bring transaction finality down to 150 milliseconds.
SOL Reporting: Crypto Briefing · AMBCrypto.
4Standard Chartered agrees to buy Zodia Custody
Standard Chartered signed a deal to acquire crypto custodian Zodia Custody.
Reporting: Crypto Briefing · Bitcoin Magazine.
5Articles weigh stock market risk and USDT supply for bitcoin
One article examined a scenario in which a US stock sell-off pushes bitcoin toward $63,000. Another looked at what a decline in USDT supply could mean for bitcoin. Our data shows total stablecoin supply rose by about $237 million over the last 24 hours.
BTCUSDT Reporting: Coinpedia · CryptoPotato.
6SpaceX earnings and lower yields lifted risk assets, outlets report
Two outlets reported bitcoin topping $84,000 as SpaceX earnings and falling yields lifted risk assets. Our data shows bitcoin at $82,467, down 0.4% over the last 24 hours.
BTC Reporting: Crypto Briefing · Bitcoin Magazine.
7Cardano records 100,000 Indian farm plots on its blockchain
Cardano has registered 100,000 farm land parcels in India on its blockchain.
ADA Reporting: Crypto Briefing · U.Today.
8Dolomite adds Concrete collateral as dormant bitcoin moves to Coinbase
Dolomite added $100 million of Concrete's bitcoin-backed collateral. Separately, $41 million in bitcoin tied to the lost fortune of an Irish drug trafficker was moved to Coinbase.
BTC Reporting: Crypto Briefing · CryptoSlate.
9Traders comment on Monero as XMR leads top 100 gainers
Trader Peter Brandt made a call on Monero, and Doctor Profit warned of a large XMR liquidation event. Our data shows Monero up 11.7%, the biggest gain in the top 100.
XMR Reporting: U.Today · BeInCrypto.
10Trump expected to announce crypto scam crackdown with FBI
President Trump is expected to announce a crackdown on crypto scams targeting Americans as the FBI pursues fraud networks.
Reporting: Crypto Briefing · Coinpedia.
Flows
Leverage
OKX perpetual swaps| Market | Liquidated | Longs / shorts | Funding (8h) | Open interest |
|---|---|---|---|---|
| BTC | $33.13M | $7.47M / $25.66M | 0.0100% | $2.47B +0.7% |
| ETH | $18.58M | $7.62M / $10.96M | 0.0091% | $1.40B -4.6% |
| SOL | $4.03M | $2.41M / $1.62M | 0.0028% | $309.37M +0.6% |
| XRP | $1.71M | $737.6K / $973.9K | 0.0035% | $92.27M +4.5% |
| DOGE | $714.9K | $554.7K / $160.1K | 0.0068% | $100.71M -2.5% |
| BNB | $7.9K | $841.02 / $7.0K | -0.0108% | $57.92M +0.8% |
Leverage is steady: open interest moved -1.0% and liquidations were modest. Total liquidated $58.18M on OKX perpetual swaps; one venue, so the market-wide total is larger. Liquidation calculator.
Treasuries
No new company purchases in SEC filings in this window.
Network
The next Bitcoin difficulty adjustment is tracking +5.3%. Ethereum gas is well below its 24-hour average.
Regulation and policy
Ripple asks SEC to finalize crypto asset framework
Ripple urged the SEC to finalize a crypto assets framework and end regulatory uncertainty in the US. XRP rebounded about 10%.
XRP Reporting: Coinpedia · CryptoPotato · Crypto Briefing.
Trump spotlights foreign crypto scams at White House event
President Trump used a White House event to highlight a crackdown on crypto scams run from overseas.
Reporting: Crypto Briefing · Bitcoin Magazine · CryptoPotato.
OCC finalizes GENIUS Act stablecoin rules
The OCC finalized its federal framework for stablecoin oversight under the GENIUS Act, setting rules for 2027 while leaving the dispute over rewards unresolved. The American Bankers Association criticized the rules.
GENIUS Reporting: Crypto Briefing · Bitcoin Magazine.
XRP treasury company gets SEC approval to raise capital
An XRP treasury company received SEC approval to raise new capital.
Cardano Foundation and five groups press SEC on commodity definition
The Cardano Foundation joined five other blockchain organizations in urging the SEC to formally set a definition of digital commodity.
ADA Reporting: Crypto Briefing.
Today ahead
next 48 hoursNothing scheduled that we track in the next 48 hours.
Learn: term of the day
Solana is a high-throughput proof-of-stake blockchain known for fast, cheap transactions and a large memecoin and NFT ecosystem.
It comes up in today's story: Solana's Alpenglow upgrade set to cut finality to 150ms. Full definition · Explainer
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