News

BitMine adds $1.5B in Ether to reserves after crypto sell-off

BitMine has raised about $1.5 billion worth of Ethereum since the market crash last weekend.

Source  Cryptopolitan1760868920
OpenSea Plans To Launch SEA Token By Q1 2026 – Details

Popular NFT market OpenSea is set to launch its highly anticipated native token SEA by Q1 2026, following a recent statement by its CEO Devin Finzer. Notably, the proposed cryptocurrency is designed as a key part of OpenSea’s transformation to a one-stop shop for any blockchain-related trading activity. Related Reading: Florida’s Crypto Bill Gets A […]

Source  Bitcoinist1760868053
Japanese FSA plans to let banks buy and hold crypto

Japan’s FSA plans to let banks buy and hold cryptocurrencies like Bitcoin.

Source  Cryptopolitan1760867754
Hyperliquid founder denies revenue-centric approach accusations

Hyperliquid founder Jeff Yan denied claims that the platform focuses on revenue, saying its ADL events made users hundreds of millions in profits with lower risk.

Source  Cryptopolitan1760865358
Beijing steps in as PBoC warns against private stablecoin issuance

Beijing ordered Ant Group and JD.com to pause their Hong Kong stablecoin plans.

Source  Cryptopolitan1760864063
Wikipedia complains about lost traffic to AI summaries

Wikipedia has complained about losing its human traffic to artificial intelligence summaries.

Source  Cryptopolitan1760862929
Bitcoin Slips Below STH Cost Basis – Why This Could Be A Buy Signal?

Bitcoin price has continued to hover in the range of $106,000-$108,000 over the last 24 hours. The premier cryptocurrency is presently displaying some stability following another volatile trading

Source  Newsbtc1760857240
Satoshi Nakamoto lost $20 billion in less than two weeks.

Bitcoin’s anonymous founder, Satoshi Nakamoto, has watched his holdings shrink by $20 billion in only ten days.

Source  Cryptopolitan1760854531
Bitcoin Taker Buy Ratio Plummets Across Major Exchanges — What This Means For Price

The Bitcoin market continues to reflect much uncertainty, as the price shows little to no signs of recovery from the obvious bearish trend established in the last two weeks. However, on-chain data has surfaced that puts into perspective the price action of the flagship cryptocurrency and what market participants can, as a result, realistically anticipate. […]

Source  Bitcoinist1760853653
Sentinel Global founder warns stablecoins mirror CBDC risks

Jeremy Kranz warned that privately issued stablecoins carry the same risks as CBDCs, plus their own unique dangers.

Source  Cryptopolitan1760853650
Roman Storm warned that the US DOJ could prosecute DeFi developers

Roman Storm asked DeFi developers how certain they were that the DOJ would not bring charges against them.

Source  Cryptopolitan1760852733
Halving Cycle? Exchange Inflows? Forget Them — The Post-ETF Era Playbook

Bitcoin’s “four-year law” may be breaking for the first time. Despite record inflows into spot ETFs and swelling corporate treasuries, the market is no longer moving in lockstep with the halving cycle

Source  Beincrypto1760848022
Robinhood tokenizes 493 US stocks and ETFs on Arbitrum for EU users

Robinhood has pushed 493 US stocks and ETFs onto the Arbitrum blockchain, opening the gates for crypto-based trading of American assets across the European Union, and the rollout includes 80 new stock tokens added in just the past ten days. Data from Dune Analytics shows Robinhood’s tokenized assets now exceed $8.5 million in value at […]

Source  Cryptopolitan1760847990
Inside Asia’s Tokenization Race — Why Franklin Templeton Is Betting Big

Tokenization is moving from pilots to practice. The World Economic Forum projected that private equity and venture capital markets could grow to about $700B, which is expected to be tokenized. That po

Source  Beincrypto1760845146
Chainlink Bears Show Strength, But $16 Support Could Flip The Downtrend

In his latest Chainlink daily technical outlook, CryptoWzrd noted that the token closed bearish, retesting the $16.00 daily support level. He mentioned plans to monitor its intraday chart closely for

Source  Newsbtc1760844622
40 Days Of Deadlock: US Shutdown Risks ETF Delay Amid Soaring Demand

The US federal funding lapse has stretched on, creating new delays for regulatory decisions tied to crypto products. According to reports, the shutdown has lasted beyond 40 days in some scenarios used by market forecasters, and reduced staffing at federal agencies is slowing routine approvals. Related Reading: Crypto In Ghana: Lawmakers Race To Write Rules […]

Source  Bitcoinist1760842850
Kalshi suffered major glitches during college football trading

Nearly half of Kalshi’s traders were locked out of their accounts during a college football trading surge on Saturday, as widespread glitches and delays crippled the platform. Users trying to place bets saw their orders stuck mid-process, and balances simply vanished from view. According to CNBC for almost 20 minutes, the website showed nothing but […]

Source  Cryptopolitan1760842831
Chinese-linked hackers infiltrated F5’s systems in late 2023

Hackers linked to China’s state-backed cyber units infiltrated F5’s internal networks in late 2023 and stayed hidden until this August, according to Bloomberg. The Seattle-based cybersecurity company admitted in filings that its systems had been compromised for nearly two years, allowing attackers “long-term, persistent access” to its internal infrastructure. The breach reportedly exposed source code, […]

Source  Cryptopolitan1760841969
Investors Pile In After Bitcoin’s Decline — Here’s What It Could Mean

Following the flash crash of last week, the Bitcoin price has once again sunk to similar depths, albeit in a more steady price correction. Notably, the leading cryptocurrency dipped below $105,000 on

Source  Newsbtc1760841036
It now takes 116 hours of minimum wage work to buy an ounce of gold, highest in more than 100 years

Gold has made every other asset on earth its dog throughout this year, rallying too hard that it now takes 116 hours of minimum wage work to buy one ounce of the precious metal in America, the highest ratio in literally over a century, according to data from Bloomberg. That means a worker earning the […]

Source  Cryptopolitan1760839194
European Central Bank President Christine Lagarde praised Germany for finally opening its purse strings

European Central Bank President Christine Lagarde said on Saturday that Germany has finally decided to spend big after years of restraint, calling it a turning point for Europe’s largest economy. Speaking in Washington during the IMF’s annual meetings, Lagarde said fiscal policy “will play a more supportive role in the years ahead,” especially for countries […]

Source  Cryptopolitan1760839032
U.S. court bars NSO Group from targeting WhatsApp, warns business could collapse

A federal court in California has banned Israeli surveillance firm NSO Group from ever trying to breach WhatsApp, in a ruling that the company itself says could destroy its entire operation. The decision came on Friday, October 18, from U.S. District Judge Phyllis Hamilton, who signed a 25-page order laying out the permanent injunction. According […]

Source  Cryptopolitan1760838753
Europe must act “in a more offensive way” toward China trade, Bundesbank's Nagel says

According to Bundesbank President Joachim Nagel during a financial gathering in Washington, Europe must stop acting timidly in its trade relationship with China and start defending its own economic interests “in a more offensive way.” Nagel said, “China needs Europe more than Europe needs China. We are a strong economy. We are four hundred fifty […]

Source  Cryptopolitan1760838520
Rumors Circulate That Ripple Is Buying $1 Billion Worth Of XRP — Here’s What We Know

Crypto firm Ripple is reportedly set to raise up to $1 billion to set up an XRP treasury firm. The firm is notably the largest XRP holder and plans to contribute some of its holdings to this proposed venture.  Ripple To Raise $1 Billion For XRP Treasury According to a Bloomberg report, Ripple is leading […]

Source  Bitcoinist1760837425
$536M In Sell Pressure: Why Bitcoin And Ethereum Prices Crashed

The cryptocurrency market has been hit with another wave of sell pressure as both the Bitcoin and Ethereum prices plunged sharply, triggering widespread panic and uncertainty. With over $536 million

Source  Newsbtc1760837421
ADA Targets 138% Breakout as MUTM Attracts Whales

Cardano (ADA) is showing strong technical momentum, with its recent Mithril update and Hydra 1.0.0 rollout fueling optimism for a potential 138% price move, attracting both retail and institutional attention. As traders analyze what’s the best crypto to buy now, many are looking beyond legacy platforms to emerging projects with high growth potential. Mutuum Finance […]

Source  Cryptopolitan1760835600
Bitcoin Left Far Behind As Gold Soars To New All-Time Highs — Details

As Bitcoin continues to trade sideways, gold has quietly stolen the spotlight, surging to new all-time highs as investors flock to safety amid global economic uncertainty. The move underscores a widening divergence between traditional and digital stores of value, raising questions about BTC’s role as digital gold in a macro environment that should favor both. […]

Source  Bitcoinist1760832059
More Pain Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play

Bitcoin’s weekly chart is at a pivotal point, with price action hovering around key structural levels. Traders are now questioning whether the current move marks the start of a deeper correction or

Source  Newsbtc1760832048
XRP Price To Crash 40%? Analyst Reveals Worst-Case Scenario

XRP has found itself back under the microscope as bullish momentum is yet to return with full force. Another weekend is here, and XRP’s price action is still perambulating around last

Source  Newsbtc1760826630
Arthur Hayes’ Maelstrom To Raise $250 Million For Crypto Equity Fund

Arthur Hayes’ home office Maelstrom is seeking $250 million in capital investment to finance a private equity fund targeted at mid-sized crypto companies. According to Bloomberg, the fund is designed to provide traditional investors more access to the crypto market amid a spectacular recovery from the FTX-inspired market crash in November 2022. Related Reading: Ethereum […]

Source  Bitcoinist1760826603
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