Crypto News
The cryptocurrency market is experiencing significant headwinds today, with Bitcoin ETFs shedding $2.35B in two weeks and major holdings like MicroStrategy's Bitcoin position moving 7 billion underwater amid broader market weakness. Ethereum has declined below $2K as the Ethereum Foundation dumps holdings, while altcoins like PEPE and SHIB are also facing downward pressure. On the regulatory and enforcement front, the DOJ is pursuing a $1.2B seizure from a Binance hack and the FBI conducted its largest dark web drug sweep, seizing $234M in assets.
Arthur Hayes Dumps $22.28M in ETH, ENA, UNI as Scammers Move In Fast
Arthur Hayes says he has closed Maelstrom’s entire directional book, and onchain trackers counted about $22 million in tokens leaving his wallets on Saturday morning.
Crypto Prediction Markets Hit $2.7B Weekly Record
Predictive contracts linked to cryptos generated a weekly record volume of 2.7 billion dollars on Kalshi and Polymarket.
Hong Kong’s Biggest Bank Puts a Stablecoin in 3 Million Wallets
HSBC switched on its Hong Kong dollar stablecoin inside PayMe on Friday, testing whether a bank-issued token can become…
Bitcoin Price Faces $78K Threat as Sellers Hammer Key Support
Bitcoin’s price traded near $80,500 Saturday morning, Oct.
PEPE Builds Upside Momentum as Retail Demand Strengthens Across the Market
Retail demand remains strong as PEPE futures Open Interest rises steadily.
JPMorgan Launches Two Tokenized Money Market Funds on Solana
JPMorgan adds Solana to its institutional crypto strategy.
Bitcoin Slides Under $81K as Trump Breaks a Line Bulls Held Since August
Bitcoin closed a daily candle below its 50-day moving average for the first time since August, as $318 million in long…
Ripple CTO Breaks Silence On Matt Damon At Swell
Damon’s appearance gives the Get Blue effort a high-visibility stage just weeks before the event.
Bitcoin Bettors Push Kalshi and Polymarket to a Record $2.7B Week
Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets…
Bitcoin: Chamath Palihapitiya fears hacking facilitated by AI
Artificial intelligence opens up new possibilities, but it also raises questions about the security of cryptocurrencies.
Whale That Bought 100,000 ETH for $0.31 Each Just Sent $2.4M to Kraken
An Ethereum initial coin offering (ICO) buyer who bought 100,000 ETH at $0.31 each just moved another 1,000 ETH, worth…
Netanyahu Eyes Blockchain As Banking Risks Grow
Benyamin Netanyahu asked his advisors to prepare a blockchain-based plan to reduce Israel's vulnerability to potential…
UAE-Led Coalition Exposes $39 Billion in Crypto Fraud, 960 Arrested
Carried out for three months, the operation resulted in the arrest of nearly 100 defendants and the raid of 29 fraud…
Bitcoin: ETFs Shed $635M, the Biggest Outflow Since June
Thursday, October 22, American bitcoin ETFs experienced $635.49 million in net outflows, their heaviest single-day loss…
3 Asian Central Banks Unite to Connect Stablecoins Across Borders
Three Asian central banks are developing common approaches to moving regulated stablecoins and digital bank deposits…
Grayscale Warns Crypto Token Inflation Can Wipe Out Holder Rewards
Crypto applications can generate earnings, yet growing token supplies can reduce the benefits reaching holders.
China Targets 2030 to Complete National Blockchain Network
As part of a 15-year plan outlined by the Central Cyberspace Affairs Commission, China’s national blockchain network is…
Hacker Prints $2.7M in Crypto as Initia Blockchain Grinds to a Halt
Modular blockchain platform Initia halted its network Friday after the team confirmed “a security incident” that…
Senator Probes Tether’s Reported $6M Deal With Firm Tied to Ex-Trump Crypto Advisor
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Crypto: A White House Adviser is Allegedly Bought Off by Tether
Tether is accused of having paid $6.3 million to a senior White House adviser to shape stablecoin laws to its advantage.
‘CLARITY Is About as Good as You Can Get’—Byron Donalds Talks Bitcoin, Prediction Markets and Florida
Byron Donalds wants governments to hold bitcoin, opposes a Federal Reserve-issued digital currency, and doubts federal…
Ethereum Delays Glamsterdam Testing After 13 Contracts Trigger Concerns
Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet after security researchers discovered a…
DeFi Protocol Shut Down: What You Can Still Recover
Minterest has closed its site but keeps its contracts active. Immutable X and Polygon zkEVM have migrated the funds.
Argentine Court Clears President Milei of All Charges in Libra Crypto Case
In a ruling issued Friday afternoon, charges against President Javier Milei, his sister Karina, and other defendants…
Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
As of Friday, 22 companies had filed objections as part of the joint venture’s proposed tokenized stock platform under…
Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel
Days before Israel’s election, Netanyahu said he has asked for a blockchain plan in case banks are hit with sanctions,…
IRS plans lower tax disclosure penalties, including for crypto: Forbes
The US tax agency is targeting faster resolutions and more flexible payment options for taxpayers voluntarily disclosing…
Senate Democrat Probes Tether Payments to Ex-White House Crypto Adviser’s Firm
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Why Ripple’s Backing SEC’s Proposed Crypto Regulations
Ripple frames the proposed framework as a way to replace years of case-by-case enforcement with clear ruling.