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SEC Launches “Project Crypto” Tour

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On August 4, 2025, SEC Chairman Paul Atkins announced a new 10-city tour called “Project Crypto” to gather input on cryptocurrency regulations. The initiative aims to shape a regulatory framework that supports innovation while protecting investors. This move aligns with President Trump’s goal to make the U.S. the “crypto capital of the world.” The tour will start later this month and visit major cities to hear from industry leaders, investors, and the public. It reflects growing interest in crypto and a push to create clear rules for its future in the U.S.

Bitcoin

Bitcoin Slides Below $78,000 as Risk-Off Sentiment Intensifies

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Bitcoin fell below $78,000 on October 30, 2026, as confirmation of the Binance security incident accelerated a broader risk-off move across crypto markets.

On CoinMarketCap, Bitcoin traded at $78,430 with a market capitalization of approximately $1.57 trillion, down roughly 2% over the prior 24 hours and more sharply from earlier levels near $81,000–$82,000. The decline pushed BTC to its weakest levels in more than a month, with some reports showing brief tests of the mid-$76,000s during the sharpest phase of the sell-off.

The drop intensified after Binance disclosed the estimated $6.3 billion hot-wallet breach late on October 29. Leveraged liquidations amplified the move, with figures ranging from hundreds of millions to more than $1 billion in 24-hour windows depending on the snapshot and venue. Broader risk aversion linked to technology-stock weakness and a hawkish tone from the Federal Reserve added to the pressure.

Bitcoin dominance remained elevated, indicating that capital was rotating out of higher-beta assets rather than exiting the crypto market entirely. Analysts highlighted key support clusters in the $77,000–$79,000 range, while resistance stayed firm above $81,000–$85,000. The incident’s market impact is still unfolding as investigations continue and further details on frozen assets and potential recoveries emerge.

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DeFi

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Bitcoin Claws Back Toward $79,000 as Markets Digest Record Binance Hack

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Bitcoin Slides Below $78,000 as Risk-Off Sentiment Intensifies

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Stablecoin Issuers and Partners Freeze Billions Linked to Binance Incident

Stablecoin issuers and blockchain partners moved rapidly to freeze billions of dollars in assets tied to the Binance security incident...

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