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.
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.
Trader Kimchi Goes From Pump.fun Star to Rug Pull Suspect in 48 Hours
A post from meme coin trader Kimchi’s X account sent a brand-new token to a $15 million peak within minutes, then the…
Bitcoin: $1.07B Enters ETFs in Three Days, but Price Drops
Spot Bitcoin ETFs in the US find buyers after several weeks of capital outflows.
Shiba Inu Exchange Holdings Drop 87 Trillion as Traders Prepare for Meme Rally
SHIB exchange reserves fell to 87.06 trillion tokens amid significant net outflows.
South Africa Backtracks on Controversial Crypto Rules After Backlash
South Africa’s Finance Minister Enoch Godongwana indicated that the government may reconsider its proposed…
Malaysia, Thailand join Singapore’s cross-border stablecoin push
BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized…
Bitcoin ETFs bleed $635M as October slides back into the red
Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows…
Ethereum Delays Glamsterdam Upgrade on Hoodi Testnet Over EIP-8037 Concerns
Ethereum developers have postponed the planned Glamsterdam upgrade on the Hoodi testnet after concerns emerged about how…
Bitcoin Hashrate Surges As Difficulty Heads Higher
The computing power of the Bitcoin network has reached the threshold of 1 zettahash per second, its highest level in…
RedCoin Goes Live as HSBC Takes Stablecoins to Millions of PayMe Users
HSBC has launched its Hong Kong dollar-backed stablecoin, RedCoin, rolling it out to more than 3.3 million PayMe app…
XRP: Ripple Plans New RLUSD Financing Services
Arf will provide RLUSD to payment companies on the XRP Ledger, with repayments in one to five days.
RNDR Chart Signals Strength as Adoption Metrics Continue to Surge
Render holds above a key breakout level after leaving a descending channel.
Kraken Eyes Kazakhstan Market After Country Tightens Crypto Rules
Kraken’s parent company, Payward, has received in-principle approval to expand into Kazakhstan, a country that once…
Ethereum delays Glamsterdam Hoodi testnet launch over security risks
ChainSecurity said it identified 13 real-world examples of smart contracts potentially affected by Glamsterdam’s gas…
Bitcoin Core changes security policy as AI makes bugs easier to find
Bitcoin Core says keeping certain vulnerabilities secret no longer offers much protection in the wake of AI-assisted bug…
Colombian Police Dismantle $42M Crypto Drug Laundering Ring
The operation involved movements across four different locations to capture “Gallo,” the head of an organization accused…
China’s Dollar Exit Strategy Raises Global Market Fears: 5 Cryptos Worth Buying Before the Next Rally
Reduced holdings can affect market expectations, but they do not independently establish the direction of stocks, bonds,…
Chainlink Enters Korea’s $68B Market Through LG CNS Partnership
Chainlink has partnered with LG CNS, the technology contractor behind the Bank of Korea’s Project Hangang, to expand…
Fidelity Sees Huge Bitcoin Potential in $150 Trillion Bond Market
Bitcoin-focused preferred stocks could draw more income-seeking capital into cryptocurrency purchases, a new Fidelity…
Switzerland approves first spot Bitcoin ETF for retail investors
BIT Asset Management’s Bitcoin Fund ETF is expected to begin trading on SIX Swiss Exchange in November, with its public…
Bitcoin Bull Score Index Drops From 80 to 60 as Momentum Weakens
Bitcoin’s Bull Score Index has dropped from 80 to 60 since late September, a new analysis shows.
Altcoins Refuse to Break Down Despite Market Fears: 4 Cryptos to Try Before the Next Upswing
Its ability to hold up during negative market developments could signal underlying demand for altcoins.
VC Giant Andreessen Horowitz Drops ‘Crypto’ Branding From $9.8B Investment Arm
Venture capital powerhouse Andreessen Horowitz is dropping the word “crypto” from the name of its dedicated…
Experts Warn of Systemic Risks as Crypto Lending Vaults Cross $10B
Total deposits in crypto lending vaults have expanded from $4 billion in early 2025 to over $10 billion, driven by…
As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier
The digital asset unit, helmed by Chris Dixon, broadens its scope.
Bitcoin Flashes Bull Market Signal Amid Fresh ETF Inflows: Cryptoquant CEO
Bitcoin’s latest capital-flow signal resembles patterns seen during earlier bull markets, Cryptoquant CEO Ki Young Ju…
Circle shareholder sues Trump, World Liberty and Steve Witkoff over crypto deals
According to a Circle shareholder, the US president’s “corruption” through USD1 left the company unable to compete with…
Ripple Teams With Arf to Bring RLUSD Lending to XRP Ledger
Ripple and Arf are bringing RLUSD, Ripple’s dollar-pegged stablecoin, to settlement financing on the XRP Ledger.
TOTAL2 Signals a Possible Altcoin Comeback: 5 Cryptos to Watch Before the Market Turns
The altcoin market capitalization measure is holding up despite recent negative headlines, according to the supplied…
Dune launches real-time data feeds covering 200 onchain trading venues
The new service aims to bring onchain trading data into institutional financial systems as tokenized stock markets…