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ETH $2.5K · OCC finalizes stablecoin rules under GENIUS Act ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #130 · Wednesday, October 21, 2026
Market mood  Greed · 63/100  ▲ from 55 yesterday
Bitcoin and Ethereum gained ground as greed sentiment strengthened, while regulatory clarity on stablecoins and banking restrictions shaped the institutional landscape.
 
 

☀  The Numbers

Bitcoin (BTC)$83,447  +2.5%
+0.2% this week
Ethereum (ETH)$2,464  +3.4%
-1.6% this week
Total crypto market$2.81T  -0.3%
BTC dominance 59.6% · BTC 34% below its all-time high

☀  The Movers

Top gainers (24h)

PEARL Pearl+18.1%
AKE Akedo+15.3%
ZEC Zcash+12.8%
ENA Ethena+12.5%

Top losers (24h)

BTW Bitway-4.0%
M MemeCore-3.2%
XMR Monero-1.7%
MORPHO Morpho-1.2%

From the top 100 coins by market cap.

☀  The Read

Where the chart sits — description, not prediction

Bitcoin is trading above both its 50-day ($81.7K) and 200-day ($72.7K) averages — the longer-term trend reads as up. Over the past 30 days it has traded between $81.4K and $86.5K; today's price sits in the middle third of that range. RSI(14) is 50 — momentum is roughly neutral.

See all nine coins on the daily markets page →

☀  The Brief

 OCC finalizes stablecoin rules under GENIUS Act

The Office of the Comptroller of the Currency published final regulations for stablecoin issuance, effective January 18, removing a proposed restriction on third-party reward programs. This is the first federal agency to complete GENIUS Act rulemaking. (The Block)

 UK banks blocked 10,000 crypto transfers in three months

Lloyds and other UK banks received thousands of complaints for restricting cryptocurrency transfers, despite lacking published policies. The Stand With Crypto report highlights ongoing banking sector friction with digital assets. (Decrypt)

 France proposes exchange liability for DeFi access

French regulators proposed requiring crypto exchanges to audit decentralized finance protocols and accept liability for customer losses under new EU crypto rules. The measure targets cross-border regulatory gaps in DeFi oversight. (Cointelegraph)

 Japan and Korea test yen stablecoins for cross-border trade

Shinhan Bank and SBI are piloting stablecoins for tourist spending and trade settlement between South Korea and Japan. The trial assesses whether stablecoins can reduce friction in regional financial flows. (Cointelegraph)

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Crypto 101

What is self-custody?

Holding your own keys instead of leaving coins on an exchange. Maximum control, maximum responsibility: no fraud department, no password reset, no one to call.

“Never invest money you'll need within five years.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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