Bitcoin was trading around $111,925 at press time, down approximately 1.3% over the past 24 hours, as escalating tensions between the U.S. and China dampened investor sentiment and prompted traders to reduce their leverage. Despite the price dip, trading activity has increased. According to CoinGlass, Bitcoin’s 24-hour spot trading volume jumped 35% to $90 billion,…
A new legal defense initiative, supported by the Ethereum Foundation and the Keyring network, is raising funds for Tornado Cash developers Roman Storm and Alexey Pertsev. The effort aims to “pioneer open-source legal defense funding,” ensuring privacy-focused developers receive fair legal representation. Launched on Thursday, the initiative had already raised over $22,000 by Friday morning,…
The total value of Bitcoin held by U.S. corporations has reached an estimated $115.2 billion, according to data from BitcoinTreasuries. This milestone highlights the growing influence of corporate treasuries in the Bitcoin market, with these firms collectively controlling a significant share of the cryptocurrency’s circulating supply. Leading the charge is MicroStrategy, with holdings valued at…
Record 2.44M ETH Worth $10B in Validator Exit Queue with 42-Day Wait as Institutional Holdings Hit 12.47M ETH, and ETF Inflows Reach $621.4 in October A record $10 billion worth of Ethereum (2.44 million ETH) is currently stuck in the validator exit queue, as stakers rush to withdraw their funds—raising concerns about a possible ETH…
Ethereum is still climbing, regaining an important price level as its upward momentum continues. Ethereum’s strong performance continues as the world’s second-largest cryptocurrency pushes higher alongside the broader crypto market. The coin’s recent rally began at the start of “Uptober,” a term traders use to describe October’s traditionally bullish trend in the crypto space. This…
Analysts Say U.S. Shutdown Could Push Back Economic Releases but Support Market Liquidity Bitcoin surged to its highest level in more than two months after the U.S. government shut down operations on Wednesday, following Congress’s failure to reach a funding deal. Analysts suggest the shutdown could delay the release of key economic data, including Friday’s…
Bitcoin, the crypto market’s barometer, is still performing well. It has increased 4.2% over the past seven days to trade at over $68,500. If Bitcoin surpasses the $70,000 level, analysts predict that it may trigger a new wave of FOMO (fear of missing out), which would increase the liquidity in the cryptocurrency markets. Altcoins like…
Crypto holders now have a new method to enter the real estate market without selling their assets, thanks to a startup launching a Bitcoin-backed mortgage as home prices in Australia continue to rise faster than salaries. After battling with authorities in court for more than two years, Block Earner introduced the nation’s first Bitcoin-backed home…
Key Points: The White House has officially withdrawn the nomination of Brian Quintenz to serve as chairman of the Commodity Futures Trading Commission (CFTC). The decision comes at a critical moment for U.S. financial regulation, particularly as debates over cryptocurrency oversight grow stronger. Quintenz, a former CFTC commissioner, was considered a strong candidate because of…
The UK shouldn’t put off what may be the next financial revolution. Private stablecoins continue to divide banks globally, resulting in unclear regulatory frameworks. While some financial organizations question the need for stablecoins and warn of risks to the banking system, others view them as promoters for innovation. Regulators are being pressured to take immediate…