EmergesCrypto News: Thiel-Backed Erebor Wins U.S. Approval as Silicon Valley Bank Successor EmergesCrypto News: Thiel-Backed Erebor Wins U.S. Approval as Silicon Valley Bank Successor EmergesKey Takeaways Erebor, backed by billionaire Peter Thiel, has received conditional federal bank charter approval from the U.S. Office of the Comptroller of the Currency (OCC).
The move marks one of the most significant digital asset-related bank approvals since the 2023 U.S. regional banking crisis.
Erebor aims to serve crypto, AI, and technology startups, positioning itself as a “low-risk lender to the innovation economy.”
The OCC’s decision signals a shift toward regulatory openness under President Trump’s pro-crypto administration. $BTC Erebor Receives Conditional U.S. Bank Charter Erebor, a financial services startup backed by Peter Thiel, has obtained preliminary approval from the U.S. Office of the Comptroller of the Currency (OCC) to launch as a national bank, according to a report from the Financial Times.$BNB
Is Bitcoin recover soon or not? According to BlockBeats, the cryptocurrency market has transitioned into a healthier phase following a significant deleveraging event that swept through the derivatives market last week. This event, one of the largest in recent years, has been analyzed by research brokerage firm K33.
Vetle Lunde, the company's head of research, described the market reset as 'constructively bullish' in a recent report, despite urging patience. He emphasized that the removal of excessive leverage, which had persisted for several months, has laid the groundwork for a new upward trend. $BTC Lunde noted that the structural impact of deleveraging suggests liquidity may remain thin as market participants recover from forced sell-offs. He explained that historical data indicates such deleveraging phases often lead to short-term stagnation and cautious trading but also frequently signal market bottoms, creating fertile ground for long-term recovery.$BNB
Should You Buy Google Stock Before Oct. 29?While Google stock is up significantly this year, it is not expensive.
In this video, I will talk about my expectations for the upcoming Alphabet (GOOGL 2.23%) (GOOG 2.17%) earnings report and what I think will happen. Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Oct. 13, 2025. The video was published on Oct. 14, 2025Should you buy stock in Alphabet right now? Before you buy stock in Alphabet, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $655,428!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,103,559!* $BTC Now, it’s worth noting Stock Advisor’s total average return is 1,060% — a market-crushing outperformance compared to 189% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.$BNB
GCan the price of gold continue its record run? UBS experts add their weight Gold is shining brighter than anticipated this year, with the current price of $4,000 (€3,437) per troy ounce exceeding all expectations. But will this last? power of two buyers: central banks and ETFs The price of gold has continued to rise, even with the strengthening US dollar and increased interest rates. This unusual resilience was due to the “level of influence that central banks have had on the price of gold,” says Gordon.
What’s new this year, he adds, is that “a reversal of nearly three years of outflows from exchange-traded funds” has amplified the rally. “At the start of the year, we thought there would be about 400 to 450 metric tonnes of inflows into ETF funds,” he says. “Now we expect that number to be approximately 800 tonnes.”
This combination of renewed investor interest and geopolitical uncertainty has driven prices up roughly 50 per cent year to date. “We think that ongoing political risks, as well as potential further weakness in the US dollar, can lift gold prices even higher,” says Gordon. UBS now has a target of around $4,200 (€3,613) per ounce.
How much gold should investors hold? Gordon says that a mid-single-digit allocation makes sense for most portfolios. “Historically, we have seen that somewhere between 5 to 10 per cent allocation to gold has improved the overall volatility of your portfolio,” he says. “It has protected your portfolio to some degree from more material drawdowns.” He adds that gold still plays a vital role even at higher prices. “There’s no counterparty risk and no credit risk to gold. It is insulated from significant moves in currency.” $BNB This interview has been edited for length and clarity. Listen to the full, detailed conversation on ‘The Bulletin with UBS’ on Monocle Radio.old is currently experiencing a rally for the ages, with the price surge already surpassing its forecasted ceilings for 2026. However, as Wayne Gordon, the head of Investment Advice,$BTC
Stock futures are little changed after U.S.-China trade concerns lead to tumultuous session: Live updatesU.S. stocks had a rocky day of trading, swinging from highs to lows like the quality of Game of Thrones across its eight seasons.
At its lowest during the session, the S&P 500 fell as much as 1.5%, but recovered and traded positively for most of the day after U.S. Trade Representative Jamieson Greer hinted that China’s next trade move could influence how President Donald Trump’s tariffs are implemented.But even if earnings come in better than expected, Wall Street veteran Art Hogan believes that stocks will likely trade sideways from here, wavering near all-time highs as long as trade war uncertainty persists. The chief market strategist at B. Riley Wealth Management also said the U.S. government shutdown is another headwind for the market. $BTC “The longer it lasts, the more economic damage it does upfront. So that’s affecting confidence. It’s likely going to affect guidance from Corporate America during the conference calls,” he said to CNBC. “Earnings seasons may well be much better than expected across the board, with the usual percentage of companies that beat and raise and all that. I just don’t think that that acts as a tailwind, necessarily, until we get closer to the government reopening and perhaps more clarity on our trade relationship with China.”$XRP
U.S. stocks had a rocky day of trading, swinging from highs to lows like the quality of Game of Thrones across its eight seasons.
At its lowest during the session, the S&P 500 fell as much as 1.5%, but recovered and traded positively for most of the day after U.S. Trade Representative Jamieson Greer hinted that China’s next trade move could influence how President Donald Trump’s tariffs are implemented.optimism in markets fizzled, however, when Trump said he was considering “terminating business with China having to do with Cooking Oil” and other forms of punitive measures, citing Beijing’s halt of U.S. soybean purchases since May. Investors seemed to take that threat seriously, sending the S&P 500 down 0.2% for the day.
Developments elsewhere, however, were more encouraging. Federal Reserve Chair Jerome Powell suggested that the central bank might stop tightening monetary policy concerning its bond holdings. Meanwhile, major banks — bellwethers for economic activity — such as JPMorgan Chase , Citi and Goldman Sachs , beat earnings expectations, suggesting that the economy’s fundamentals remain intact.
And while Oracle’s pivot to AMD’s artificial intelligence chips — a move away from Nvidia graphics processing units — may not thrill Jensen Huang, it reduces concentration risk and strengthens the case for investors banking on AI to continue the market rally. $BTC Still, Trump’s rhetoric overshadowed everything else. The question, then, is whether his trade brinkmanship will derail the AI-fueled market — or if the Magnificent Seven kingdom will stand.$BNB
Trump announces additional tariffs on China, to begin November 1 $ USPresident Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out of China.
Donald Trump declared via social media post that he will be imposing a new 100% tariff on all exports bound for the US from China, as Trump's bespoke playbook of hammering his own constituents to punish foreign nations continues to play out.the Trump administration will achieve a new import tariff remains to be solved by other people within the Trump team. The US government is currently in shutdown mode after the Senate failed to agree on how to fund federal operations, making it difficult to both charge and collect new trade taxes at the border. $BNB Global markets are currently in shutdown mode, with American exchanges going dark for the Columbus Day long weekend. However, Treasury yields spiked heading into the close, and investors will be coming back to a very different sentiment outlook on Tuesday.$BTC
UTrump ups the ante on anti-trade warnings against China S President Donald Trump lashed out at China over its recent protectionist trade policies, threatening additional targeted trade restrictions if China goes ahead with imposing fresh rare earth mineral export controls and additional port fees for foreign container ships in Chinese ports.
Donald Trump opened his comments on Tuesday, appearing to be hopeful on a trade reproach between the US and China. However, within an hour, Trump had pivoted into fresh threats of targeted trade restrictions targeted at goods that have the appearance of being in demand by Chinese markets.Trump ups the ante on anti-trade warnings against ChinaHealthy inflationary pressures in China would typically provide low-pressure yet sustained bullish pressure for the Australian Dollar (AUD), while a further steepening into a deflationary hole will erode the Aussie’s market position over time. $BNB highlights China purposefully not buying our soybeans, and causing difficulty for our soybean farmers, is an economically hostile act. We are considering terminating business with China having to do with cooking oil, and other elements of trade, as retribution. We can easily produce cooking oil ourselves, we don't need to purchase it from China.
We have a great relationship with Xi, sometimes it gets testy. I think relationship with China will be fine. I'm unhappy with Spain. I was thinking about giving Spain trade punishment. I probably still have good relationship with Putin. Putin just doesn't want to end the war. Russian economy is going to collapse. This government shutdown shouldn't have happened. We're being able to do things we weren't able to do due to shutdown. We're going to have a list on Friday on closing Democrat programs. $BTC
When is the China CPI and PPI release, and how could it impact AUD/USD? Healthy inflationary pressures in China would typically provide low-pressure yet sustained bullish pressure for the Australian Dollar (AUD), while a further steepening into a deflationary hole will erode the Aussie’s market position over time. $BNB How could it impact AUD/USD?
Healthy inflationary pressures in China would typically provide low-pressure yet sustained bullish pressure for the Australian Dollar (AUD), while a further steepening into a deflationary hole will erode the Aussie’s market position over time. With Australia’s close economic ties to China, what’s good (or bad) for the gander is frequently the same for the goose. As China takes steps to throw off downside economic fallout from the US’s steady ramp-up of trade war rhetoric through 2025, signs of continued domestic growth will help bolster expectations of continued economic expansion in Australia. On the other hand, a steepening economic slump in China could spell doom for Australia, which is already teetering on a wobbly economy.When is the China CPI and PPI release, and how could it impact AUD/USD?
#PowellRemarks Jerome Powell, the Chair of the Federal Reserve, has made significant remarks about the US economy, monetary policy, and the Federal Reserve's role. Here are some key points ¹ ² ³: - *Economic Outlook*: Powell emphasized that the US economy is experiencing uncertainty, particularly due to trade policies and tariffs, which may slow down labor force growth and increase inflation. - *Monetary Policy*: Powell hinted at possible policy adjustments, including rate cuts, to balance the dual mandate of maximum employment and stable prices. He noted that the policy rate is now 100 basis points closer to neutral than it was a year ago. - *Inflation*: Powell highlighted the risks of higher inflation due to tariffs and immigration policies, but also emphasized the Fed's commitment to keeping inflation expectations anchored at 2%. - *Labor Market*: Powell mentioned that the labor market is still strong, but the slowdown in job growth is larger than assessed earlier. He also noted that the unemployment rate is still historically low and stable. - *Interest Rates*: Powell's remarks have solidified expectations for further rate cuts, starting with the next meeting on October 28-29. - *Federal Reserve's Role*: Powell emphasized the importance of the Fed's independence and its commitment to fulfilling its statutory mandate. $BTC Powell's remarks are significant as they provide insight into the Federal Reserve's thinking on the current economic situation and its future plans. The Fed's decisions have a substantial impact on the US economy and financial markets.$BNB
A #MarketPullback Market pullback refers to a temporary decline or reversal in an asset's price within a broader trend. It's a short-term movement that pulls back in a mild range before heading in its original direction again. Pullbacks are natural market dynamics, offering traders opportunities.
*Key Characteristics:*
- *Temporary Reversal*: A brief movement against the primary trend - *Short-term*: Lasting days or weeks, not a long-term trend change - *Pause*: A momentary pause in the trend before resuming its direction
*Types of Pullbacks:*
- *Simple Pullback*: A single, straightforward counter-trend move - *Complex Pullback*: Multiple counter-trend moves, creating a minor trend within the pullback
*Strategies for Trading Pullbacks:*
- *Identify the Trend*: Confirm the primary trend direction - *Use Indicators*: Moving averages, RSI, Fibonacci retracement levels, and candlestick patterns - *Enter on Continuation Confirmation*: Wait for signs of trend resumption - *Risk Management*: Enhance strategy with robust risk management
*Benefits:*
- *Opportunity to Enter Trades*: At a more favorable price - *Increased Confidence*: Mastering pullbacks can refine trading strategies $BTC *Limitations:*
- *Difficulty in Identification*: Distinguishing pullbacks from reversals can be challenging - *Market Volatility*: Pullbacks can be affected by market conditions ¹ ² ³$BNB
#BinanceHODLerENSO Binance's HODLer Airdrops program has introduced Enso (ENSO) as its 52nd project. Here's what you need to know:
*About Enso (ENSO)*
Enso is a unified network that connects all blockchains, empowering developers to build composable applications for millions of users across Web2 and Web3.
*Key Details*
- *Token Name:* Enso (ENSO) - *Total Token Supply:* 100,000,000 ENSO (genesis) with a max supply of 127,339,703 ENSO - *Token Distribution:* - *Foundation (growth):* 23.2% (2,320,000,000 ENSO) - *Investors:* 31.3% (3,130,000,000 ENSO) - *Coinlist (growth):* 4% (400,000,000 ENSO) - *Advisors:* 1.5% (150,000,000 ENSO) - *Team:* 25% (2,500,000,000 ENSO) - *Ecosystem Treasury (growth):* 15% (1,500,000,000 ENSO) - *Circulating Supply upon Listing:* 20,590,000 (20.59% of genesis total token supply) - *Listing:* ENSO is listed on Binance against USDT, USDC, BNB, FDUSD, and TRY pairs - *Airdrop:* 1,750,000 ENSO allocated for HODLer Airdrops, with additional 500,000 ENSO for marketing campaigns $BTC *Important Dates*
- *Listing Date:* October 14, 2025 (09:00 UTC) - *HODLer Airdrop Ending Time:* October 21, 2025 (08:00 UTC) ¹$BNB
Technical Outlook: In last month’s Australian Dollar Short-term Outlook we noted that AUD/USD was approaching uptrend resistance and that, “the immediate advance may be vulnerable heading into the FOMC rate decision later today. From a trading standpoint, losses would need to the August trendline IF price is heading higher on this stretch…” Aussie failed into the upper parallel post-Fed with price marking an outside-day reversal off resistance. A break below the August trendline two-days later shifted the near-term focus lower with AUD/USD now off nearly 3.4% from the yearly high.
Headlines over mounting tariff tensions with China is fueling a substantial risk sell-off today with AUD/USD poised to mark the largest weekly decline since March. The immediate risk remains tilted to the downside with key support hurdles now in view just lower. potentially leading to stronger selling pressure across the crypto market in the short term.$BNB
Weekly Fundamental Crypto Outlook: Is Trump Affecting Market Confidence?
Cryptocurrencies have started to show a decline in short-term confidence as new fundamental factors emerge—particularly the recent comments by President Trump, which point to a possible reactivation of the trade warTrump’s New Threats On October 10, President Donald Trump made remarks suggesting new retaliatory measures against China, in response to export restrictions imposed by Beijing on rare earth materials and key components used in the production of chips and electric vehicles.
Trump once again adopted an aggressive tone, calling the move an “economic aggression,” and warned that his administration is preparing strong countermeasures, potentially through new tariffs on Chinese technology goods. Although no specific rates were mentioned, it’s worth recalling that during the last escalation, proposed tariffs reached as high as 200%.
These comments have heightened risk perception in financial markets, leading the crypto sector to lose its temporary safe-haven appeal and revert to its traditional status as a risk asset. In times of uncertainty, investors tend to move their capital into safer instruments, which undermines cryptocurrency performance. $BTC Indeed, Bitcoin’s (BTC) open interest has started to trend lower, falling toward $43.1 billion. Combined with the decline in BTC’s price, this points to a steady outflow of long positions, partly due to profit-taking at recent highs. Now, the increase in global risk is accelerating position liquidations, putting downward pressure on Bitcoin demand in the short term.Cryptocurrencies have started to show a decline in short-term confidence as new fundamental factors emerge—particularly the recent comments by President Trump, which point to a possible reactivation of the trade war. This development has halted the early-week bullish momentum, prompting the market to shift toward traditional safe-haven assets. If these risks of a renewed trade conflict persist, economic uncertainty could intensify, $BNB
3 Reasons Trump’s Tariffs Are Tanking The Stock Market A severe drop in the stock markets has resulted from the first two days after Trump’s Liberation Day announcement, which imposes significant tariffs on companies bringing goods into the U.S. from other countries. The VIX Index is nearing 5-year highs. These increased costs and volatility are casting a shadow over U.S. stock markets. President Donald Trump’s Liberation Day announcement introduced a sweeping set of international tariffs on goods brought into the U.S. While 4:00 p.m. may seem like an odd time to announce such a large-scale change to foreign economic policy, an alternative motive was that he did not want his announcement to occur when the main U.S. stock exchanges were open, leading to side-by-side screens of his remarks and the stock market’s response.
He was right to be cautious, as the ensuing two days of trading were marked by significant selloffs in the stock market. Indexes like the Nasdaq have fallen into bear market territory, suggesting that the group of stocks is significantly below its recent peak value.
Given the complexities of the stock market and the global economy, it can be challenging to understand why something like a tariff can have such a significant effect.oole Thought LeadershipPresident Donald Trump has introduced tariffs on goods reaching the US from countries around the world.
Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy.
What are tariffs and how do they work? Tariffs are taxes on imported goods. $BTC Typically, the charge is a percentage of a good's value$BNB
President Donald Trump has introduced tariffs on goods reaching the US from countries around the world.
Trump argues that the move will boost American manufacturing and create jobs, but critics warn of higher prices and damage to the global economy.
What are tariffs and how do they work? Tariffs are taxes on imported goods.
Typically, the charge is a percentage of a good's value.Why is Trump using tariffs? Trump says tariffs will increase the amount of tax raised by the government, encourage consumers to buy more American-made goods and boost investment in the US.
He wants to reduce the US trade deficit - the gap between the value of goods it buys from other countries and those it sells to them.
The president argues that the US has been exploited by "cheaters" and "pillaged" by foreigners.
Trump has also used the taxes to make other demands.
For example, when announcing tariffs against China, Mexico and Canada, he said the countries must do more to stop migrants and illegal drugs reaching the US.
He has also threatened tariffs against countries trading with Russia, unless a deal to end the war in Ukraine is reached.
Many tariffs have been amended or delayed after being announced.
They have also faced numerous legal challenges. $BTC In August, a US appeals court ruled that most tariffs announced by Trump were illegal.
The White House asked the Supreme Court to overturn the decision. It has confirmed it will hear arguments in the case in the first week of November.$BNB
USD/CAD maintains upside pressure above 200-DMA –.. BBHUSD/CAD remains under upward pressure after breaking above its 200-day moving average at 1.3976. Investors now turn to Canada’s September labor force survey, with expectations for minimal job gains following steep losses in July and August. A disappointing report could increase the likelihood of additional BOC rate cuts, weighing further on the loonie, while swaps currently fully price a 25bps reduction by year-end, BBH FX analysts report. $XRP Canadian jobs report in focus as CAD faces headwinds "USD/CAD remains under upside pressure after sustaining a break above its 200-day moving average (1.3976). CAD will take its cue today from Canada’s September labor force survey (1:30pm London, 8:30am New York). The Bank of Canada’s (BOC) is increasingly concerned about further weakness in employment conditionsThe economy is expected to add just 5k jobs in September after shedding -65.5k and -40.8k jobs in August and July, respectively. A poor labor force survey will raise odds the BOC lowers the policy rate below its estimated neutral range of 2.25% to 3.25% and can further weigh on CAD. The swaps market currently fully prices-in a 25bps cut by year-end and the policy rate to bottom at 2.25%."$XRP
Gold holds above $4,000 after hitting record highs amid safe-haven demand and Fed bets . Gold remains above $4,000 despite a slight pullback, after reaching a fresh all-time high of $4,059 on Wednesday. Safe-haven demand stays firm, driven by the ongoing US government shutdown and expectations of Fed rate cuts. The announcement of a ceasefire between Israel and Hamas helps ease geopolitical tensions, but does not derail the metal’s bullish momentum.$BTC
S&P 500 futures are little changed after benchmark rises to all-time high: Live updatesS&P 500 futures were flat Thursday after the benchmark index rose to all-time highs in the previous session.
Futures tied to the broad index hovered around the flatline, along with Nasdaq-100 futures. Dow Jones Industrial Average futures rose 27 points, or 0.1%.
With Wednesday's gain, the S&P 500 notched its eighth winning day of the last nine. The technology-heavy Nasdaq Composite climbed more than 1% to end above the 23,000 mark for the first time ever.
The Dow, on the other hand, finished slightly below flat as blue-chip stocks lagged. But Nvidia helped the 30-stock index restrict losses, rising more than 2% after CEO Jensen Huang told CNBC that computing demand has "gone up substantially" this year. $SOL "There are reasons to be optimistic ahead, but I wouldn't be surprised to see some more volatility," Kevin Mahn, investing chief at Hennion & Walsh Asset Management, said on CNBC's "Closing Bell Overtime." "When that volatility comes, money will come off the sidelines."
There is no economic data releases of note on Thursday due to the ongoing government shutdown.$SOL
$SOL looks ready for its next move after a healthy correction. Price pulled back from 231 to 217, forming a clear higher low and showing fresh buying interest. That’s exactly the kind of setup I wait for — calm before momentum. Here’s my full trade setup: Entry Point: around 221–222 (current zone of accumulation) Target Point: 229 first, and 235 for extended move Stop Loss: 216 (below recent swing low) Why it’s possible: I’m seeing strong recovery candles on 15m after testing 217 support, and bulls are defending this level aggressively. If volume keeps rising near 222, momentum can easily push to 229–235 resistance zone. The structure is forming a potential bullish continuation pattern — buyers stepping back after short-term profit-taking. I’m entering here with patience, aiming to ride the next impulse move upward. Let’s go and Trade now $SOL