As institutions steady the market, Cathie Wood says Bitcoin's 4-year cycle is breaking.

Ark Invest CEO Cathie Wood thinks institutional adoption is changing Bitcoin's volatility and drawdowns, redefining its four-year cycle.

Wood told Fox Business on Tuesday that Bitcoin's big crashes, often 75% to 90% in the past, are decreasing as large financial players accumulate the currency.

“The volatility’s going down,” she added, adding that institutions will prevent further collapse. Wood stated “we may have seen the low a couple of weeks ago.”

Her perspective undermines decade-old commercial expectations. Bitcoin's cycle has long followed block reward halving occurrences every four years.

Her comment: “Now, gold is more of a risk-off asset,” used by investors to hedge geopolitical risks.

Ark has bought more Coinbase, Circle, and Ark 21Shares Bitcoin ETF shares.

Norway Denies CBDC Immediate Need

After years of investigation, Norway's central bank has decided it doesn't need a central bank digital currency (CBDC) because its current payment system works for customers, banks, and businesses.

After examining whether a CBDC is needed to secure, efficient, and attractively process Norwegian currency transfers, Norges Bank announced Wednesday that a digital krone is “currently not warranted”.

Norwegian cash use is among the lowest in the world, which has accelerated the debate about a digital alternative.

The bank claimed the Norwegian payment system is efficient and secure due to stable operations, fast settlement, low economic cost, and “sound” contingency arrangements. Work is underway to strengthen these backup systems.

Norges Bank will continue tokenization. It argues token-based systems can innovate, improve efficiency, and minimize settlement risk, but other dangers and unresolved questions remain and the scope of use is unpredictable.

To test tokenized solutions, the bank will continue experiments with other payment system players.

The central bank will report its CBDC study and outline future intentions in the first quarter of next year. It will also follow international developments like the Eurosystem's digital euro project and future standards that could enable CBDC infrastructure.

To boost stablecoin and wrapped token distribution, ASIC finalizes exemptions

Intermediaries can employ omnibus account structures if they keep good records under the new rules.

ASIC said that these structures are widely used across the industry, giving speed, cheaper operational costs, and often improved risk and cybersecurity.

The reform levels the playing field for issuers. Australian stablecoin issuer Macropod CEO Drew Bradford said the transparency provides enterprises “confidence to build” as they expand their product ranges.

US Regulator Exposes 9 Major Banks That ‘Debanked’ Crypto With ‘Inappropriate’ Restrictions

A broad review of debanking practices at the nine largest national banks by the U.S. Office of the Comptroller of the Currency found that all of them imposed “inappropriate” restrictions on lawful businesses, including digital-asset firms.

Under President Donald Trump's Executive Order on “Guaranteeing Fair Banking for All Americans,” JPMorgan Chase, Bank of America, Citibank, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank, and BMO were reviewed.