Most crypto news this month has been about falling prices, so the story that matters for your own coins is easy to miss. Bitcoin slipped from $87,250 to near $83,000, per CaptainAltcoin. But on October 5, the US quietly dropped a rule that would have made banks report self held wallet transfers above $10,000, per AML Intelligence.
Prices fell, and the rules got friendlier at the same time. Lighter rules mean fewer walls between people and their coins. While the headlines chase big names, something smaller is building right below them. It is Pepeto, a presale coin whose exchange already runs and lets you keep your own keys, with $11.2 million raised.
What Is the Biggest Crypto News for Self Held Wallets This Week?
The biggest crypto news for wallet owners came on October 5. FinCEN withdrew two proposed rules that day, per Blockonomi. The first, from December 2020, would have made banks keep records on self held wallet transfers above $3,000.
The second, from October 2023, went after mixers. FinCEN said that rule could scare off honest users. Its own math showed 15,000 firms would have spent 1.47 million hours a year on the paperwork. For people who hold their own coins, the road just got clearer. The coins and tools built for self custody are the ones that gain.
Which Coins Win When Holding Your Own Crypto Gets Easier?
Why Are Traders Watching Pepeto as Its Big Launch Gets Closer?
Beyond the wallet rule and bitcoin’s shaky week, one launch keeps coming up in trader chats. The approaching Binance listing of Pepeto ranks near the top of what buyers watch.
The reasons are easy to see. Pepeto raised more than $11.2 million while most coins went nowhere. The team shipped working tools, and analysts project 100x to 300x. Every piece points to one thing: wide appeal.
Its exchange, PepetoSwap, fits this news well. Fees eat traders alive. A $1,000 trade costs $3 on Uniswap and $2.50 on PancakeSwap, while on PepetoSwap it costs $0 plus network gas.
Make 200 trades of $5,000 and that gap is $3,000 kept in your pocket. It is non custodial too, so your coins never leave your own wallet, the same freedom FinCEN just left alone. That is why PepetoSwap is built to be a daily habit.
The presale moves up stage by stage from $0.00000019. At 100x to 300x, the payoff for acting now beats what any big coin can offer this year.
ZEC: Is Zcash the Clear Winner of the FinCEN Move?
Zcash trades near $1,240 as of October 9, per crypto.and privacy coins gain most from the mixer rule going away. Winklevoss also filed for a spot Zcash fund on October 6.
ZEC sits about 29% below its September 27 peak of $1,697, per Blockchain Reporter. It needs to win back $1,360 before $1,500 looks real. ZEC already had its giant year, and buyers now pay for that.
SOL: Can Solana Turn New Users Into a Higher Price?
New Solana addresses jumped 124% since early September, per Santiment data in 24/7 Wall St on October 10. SOL trades near $109.60 on October 11, per Blockchain.
People are joining faster than the price is moving, because fees on Solana are tiny. CoinDCX sets an October target of $126. SOL looks set for a steady climb back toward that level, not a jump.
Conclusion
This week’s crypto news looks quiet on the chart. Still, the FinCEN move is a long term win for anyone holding their own coins. ZEC and SOL will likely stay strong, but bigger gains sit elsewhere this October. With Binance approaching, Pepeto arrives at a good time, and it comes with a finished exchange.
The right buy at the right time can change a whole life. Pepe proved it, as early buyers turned small bets into the wins of their lives. People keep buying Pepeto stage after stage for a reason. Pepe’s early buyers did not wait for proof, and the ones buying on the Pepeto official website are making that same call before the crowd.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is today’s crypto news, and why does it matter right now?
Today’s crypto news is FinCEN dropping its 2020 self held wallet rule on October 5, which matters most for anyone holding their own coins.
Why is Pepeto trending?
Pepeto is trending because its zero fee exchange is live and its Binance listing is getting closer. Analysts project 100x to 300x. See the Pepeto official website.
