Crypto News
Bitcoin has experienced significant downward pressure, falling to $65K amid rising Fed rate hike odds, while major cryptocurrencies like Solana have retreated to August 2021 levels and XRP faces potential further decline below $0.80. The market is facing additional headwinds from weakening market maker positions, a substantial $26 billion outflow from stablecoins, and a notable 11-session losing streak for BlackRock's Bitcoin ETF. Security concerns are also mounting, with reports of Binance's historic $6.3 billion breach, a customer data breach at Unocoin, and emerging malware threats targeting crypto users.
BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears
Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company’s target into a ceiling.
Bitwise NEAR ETF Has Already Pulled in $60.2 Million Just 7 Days After Launching
Bitwise NEAR ETF has already pulled in $60.2 million.
Coinbase Completes Deribit Integration to Expand Global Crypto Derivatives
Key Takeaways The largest U.S.
Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch…
Polymarket Launches Protocol V2 as It Expands Beyond Polygon
Polymarket changes an essential part of its crypto infrastructure.
Coinbase Pro Returns Following Deribit Integration: Derivatives Market Opens to US Traders
Coinbase merges Deribit's options infrastructure into one regulated exchange.
XRP ETFs Logged 12 Straight Weeks of Inflows Then XRP Hit $1.45
U.S. spot XRP exchange-traded funds added $3.14 million on Oct.
Tom Lee’s Bitmine Buys Another $41 Million in ETH, Bringing Total to $16.4 Billion in ETH Holdings
Tom Lee’s Bitmine buys another $41 million in ETH. This brings the firm’s total ETH holdings to $16.4 billion.
Hyperliquid and MAS Clash Over Singapore’s Regulatory Reach
Hyperliquid Labs has confirmed that it is based in Singapore.
DOJ invokes Bitcoin Fog ruling in potential blow to Roman Storm acquittal bid
Prosecutors say a recent Bitcoin Fog appeals court ruling supports their argument that Tornado Cash activity in…
Cryptos appeal to a majority of wealthy investors
Wealthy investors now look at digital assets with growing attention, despite the persistent reservations of some…
Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs
Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400…
Government Bitcoin Wallets Move 833.6 BTC
Wallets associated with the US government transferred 833.6 bitcoins, valued at over 71 million dollars, on October 6th.
Cardano Launches CIP-0113 for Compliant Tokenized Assets
The Cardano Foundation has launched its programmable token standard, CIP-0113, on the Cardano mainnet, giving issuers a…
FET Price Eyes 2X as AI Altcoin Holds Above $0.24
FET holds above $0.24, keeping a potential 2x move in focus.
Web3 Firms Urged to Treat AI Agents as Workforce Members
A new report advocates treating artificial intelligence agents as members of the workforce, noting that they have…
Ripple, Circle and SC Ventures Invest in OKX at a $25 Billion Valuation
OKX closed on October 6 a new stage of its financing, still at a valuation of 25 billion dollars.
So-Called Crypto ‘Godfather’ Gets 78 Months as $37M Meta Fraud Unravels
Adam Iza called himself “The Godfather” and used money from a roughly $37 million Meta advertising fraud to hire…
XRP Could Skip Final Rally and Fall Toward $1.27 Support
XRP’s tightening range is nearing a decision point below $1.65, with one analyst saying the crypto token does not need…
Bitcoin.de trading remains halted as German regulator rejects MiCA application
Trading on the platform has largely been suspended since June as its operator awaited MiCA authorization, with the…
US Treasury’s $153B Debt Sale Could Shake Risk Assets: 5 Cryptos Worth Risking Before Yields React
$153 billion in U.S. Treasury debt is being offered through six-week bills and a three-year note.
Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance
Startale Japan has launched a digital corporate bond that will pay both interest and principal in JPYSC, a…
Evernorth Sets New XRP Treasury Timeline After Administrative Delay
Stock market access to Evernorth’s XRP treasury is expected later than previously planned after an administrative delay.
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite…
US Government Moves $71M Bitcoin Stash After 6-Week Silence
On Tuesday, the U.S. government moved bitcoin for the first time since Aug.
Nvidia’s Record Run Signals Another AI Wave: 5 Cryptos Worth Buying Before the Breakout
Nvidia’s rising valuation shows how strongly markets continue to value AI-related growth.
Ethereum Economic Zone Runs Atomic L1-L2 Transfer on Mainnet
This week, the Ethereum Economic Zone (EEZ) initiative’s core contributor, Eduardo Antuña Díez, revealed a technological…
Circle Welcomes DJ Khaled to 'Team USDC' and Crypto Twitter Is Furious
Nothing in Circle's posts announces a sponsorship, but replies dug up Khaled's 2018 SEC settlement over a crypto fraud…
Conduit Sues Tether Over a $2.76M USDT Wallet Frozen for a Year
Conduit Technology has sued Tether after the stablecoin issuer froze $2.76 million in the company’s USDT and allegedly…
CFTC Moves Before the CLARITY Act: 4 Crypto Coins Worth Trying Before the Regulatory Breakout
The agency has opened a process for potential rules covering certain retail crypto markets.