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bitcoinist.com Ethereum (ETH) Under Bearish Pressure as On-Chain Data Hints at Market Reversal

Ethereum (ETH) remains under notable bearish pressure, trading around $3,710 after dropping 4.5% in the past 24 hours. Related Reading: Crypto Exchanges Brace For EU Power Shift Toward Central Regulation The asset has struggled to maintain its uptrend, slipping below the $3,800 level and testing the critical $3,715 support zone. Analysts note that this level […]

news.bitcoin.com RLUSD Rockets Past $1 Billion as Ripple and XRP Transform Institutional Finance

Ripple’s RLUSD stablecoin has surged to a $1 billion market cap in its first year, accelerating institutional blockchain adoption and cementing Ripple’s leadership in compliant, transparent, and high-efficiency global digital settlements. Ripple’s RLUSD Stablecoin Surges to $1 Billion, Fueling Global Institutional Blockchain Growth Institutional adoption of blockchain-based financial solutions continues to accelerate, with Ripple emerging […]

bitcoinist.com Bitcoin In The Crosshairs: US Treasury Secretary Reveals What Senate Democrats Could Learn From BTC

17 years after the Bitcoin (BTC) whitepaper was released, the world’s first decentralized currency continues to dominate global headlines. On the anniversary of its whitepaper publication, US Treasury Secretary Scott Bessent used the occasion to highlight Bitcoin’s consistency and prosperity, suggesting that Senate Democrats could learn something from its reliability and history. His remarks linked […]

news.bitcoin.com XRP and RLUSD Shine as Ripple Prime Debuts US Multi-Asset Brokerage Platform

Ripple propels XRP and RLUSD into the spotlight with the U.S. debut of Ripple Prime, a next-generation trading platform uniting institutional access to digital assets and traditional markets through advanced liquidity, cross-margining, and integrated multi-asset execution. XRP and RLUSD Lead Ripple’s Bullish US Launch of Prime Trading Platform Ripple’s expansion into the U.S. institutional market […]

bitcoinist.com Bitcoin Sees Retail Retreat: Shrimp Deposits Drop 5x Since Early 2023

Bitcoin is showing renewed fragility as price struggles to reclaim the $110,000 level, putting bulls on the defensive and exposing the market to further downside risk. Selling pressure has been building across the market, and BTC now finds itself probing lower demand zones as traders reassess positioning after recent volatility. While the macro backdrop remains […]

blockonomi.com Sam Bankman-Fried’s Bid for New Trial: Will Courts Grant Appeal?

TLDR Sam Bankman-Fried’s legal team presents oral arguments for a new trial in Manhattan on November 4, 2025. His attorneys filed a court document in September 2024 claiming he was presumed guilty before his conviction. The defense argues that the district court showed little objectivity and made biting comments that undermined their case. Sam Bankman-Fried [...] The post Sam Bankman-Fried’s Bid for New Trial: Will Courts Grant Appeal? appeared first on Blockonomi.

blockonomi.com Wintermute CEO Shuts Down Binance Lawsuit Rumors After Crash Drama

TLDR Wintermute CEO Evgeny Gaevoy has denied rumors that his firm plans to sue Binance over the October market crash. The October 10 crash erased over $20 billion in leveraged crypto positions across the industry. Gaevoy called the lawsuit accusations “complete bullshit” in his response on social media platform X. Social media user WhalePump Reborn [...] The post Wintermute CEO Shuts Down Binance Lawsuit Rumors After Crash Drama appeared first on Blockonomi.

news.bitcoin.com Hollywood’s Next Frontier: New Prediction Market Lets Users Bet on Movies, TV, Gaming

Entertainment meets blockchain in a seismic leap as a new prediction market lets fans legally participate in federally regulated entertainment event contracts—placing predictions on movies, music, and celebrity moments—merging crypto innovation with mainstream entertainment in a first-of-its-kind experience. Crypto and Hollywood Unite for Groundbreaking Prediction Market Prediction markets are stepping into the entertainment spotlight as […]

blockonomi.com Bitcoin Mining Hits 1.13 Zh/s as Energy Costs Squeeze Earnings

TLDR Bitcoin mining hashrate reached a record 1.13 zettahash per second in October 2024. Daily revenue per exahash per second dropped 7% from $52,000 to $48,000 compared to September. North American infrastructure expansions drove much of the hashrate growth during the month. Kazakhstan and Middle Eastern regions contributed to the rising Bitcoin mining participation. The [...] The post Bitcoin Mining Hits 1.13 Zh/s as Energy Costs Squeeze Earnings appeared first on Blockonomi.

bitcoinist.com Hong Kong Opens Doors to Global Crypto Markets in Bold Bid to Revive Financial Hub Status

In a progressive decision announced during Fintech Week 2025, Hong Kong’s Securities and Futures Commission (SFC) has unveiled a sweeping regulatory reform allowing licensed crypto exchanges to connect directly with global order books. Related Reading: Crypto Exchanges Brace For EU Power Shift Toward Central Regulation The move dismantles the city’s “ringfenced” model that previously restricted […]

blockonomi.com Altcoin Rally Achievable in Q4 2025 Despite Headwinds, Says Sygnum

TLDR Sygnum Bank reports that an altcoin rally remains possible in 2025 despite current macro pressure on digital assets. Ethereum and Solana surged two weeks ago while Bitcoin dominance fell 12 percent during the anticipated rotation. Trump’s tariff war announcement reversed market momentum and pressured overleveraged altcoin positions across the sector. Bitcoin reached an all-time [...] The post Altcoin Rally Achievable in Q4 2025 Despite Headwinds, Says Sygnum appeared first on Blockonomi.

blockonomi.com BitMine Stock Breaks Key Level as Crypto Pressure Intensifies

TLDR BitMine stock has declined for seven consecutive trading sessions to reach $42.76. The shares have fallen 73% from their highest level recorded earlier this year. BitMine recently acquired 82,353 Ethereum tokens to expand its digital asset holdings. The company now holds 3.4 million Ethereum tokens worth approximately $12 billion. BitMine has become the largest [...] The post BitMine Stock Breaks Key Level as Crypto Pressure Intensifies appeared first on Blockonomi.

blockonomi.com Ripple Secures Palisade Deal as Custody Expansion Plans Accelerate

TLDR Ripple announced the acquisition of digital wallet provider and custody firm Palisade on Monday. The acquisition will expand Ripple’s custody capacity to serve crypto-native firms and financial technology companies better. Palisade’s wallet-as-a-service product offers multi-party computation and multi-blockchain support features. Palisade’s technology will integrate directly into Ripple Custody and Ripple Payments platforms. Ripple acquired [...] The post Ripple Secures Palisade Deal as Custody Expansion Plans Accelerate appeared first on Blockonomi.

news.bitcoin.com Web3 Conglomerate Animoca Brands Set to Go Public in Reverse Merger With Currenc Group

Currenc Group Inc. and Animoca Brands Corporation Limited have inked a non-binding term sheet for a reverse merger that could create the world’s first publicly listed digital asset conglomerate. Currenc Group, Animoca Brands Eye First Publicly Listed Digital Asset Conglomerate On Nov. 3, Currenc Group (Nasdaq: CURR) revealed plans to acquire all issued shares of […]

news.bitcoin.com Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding

Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to Advance Bitcoin Lending CEO Shehzan Maredia announced the move on X, calling it “the biggest day in […]

bitcoinist.com XRP Researcher Identifies Defining Moment That Will Change Everything For Ripple Investors

A new analysis shared by an XRP Researcher has highlighted a defining development that could dramatically change everything for Ripple investors. The revelation comes as the token steps into the institutional spotlight, with the REX-Osprey XRP ETF surpassing a $100 million milestone. According to the analyst, this development may be the strongest indication yet that […]

news.bitcoin.com Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of its largest high-performance computing (HPC) initiatives to date. Cipher Mining’s $5.5B AWS Lease Anchors AI Hosting Expansion Bitcoin miner and HPC provider, Cipher Mining Inc. […]

ambcrypto.com $10B whale goes 'all in' on Bitcoin and Ethereum dip—Fourth winning bet?

Key Takeaways Who is the Hyperunit whale, and why does this matter? The Hyperunit whale controls a $10 billion portfolio, predicted major market events, and has gone 3 for 3 on major calls in 2025. The post $10B whale goes 'all in' on Bitcoin and Ethereum dip—Fourth winning bet? appeared first on AMBCrypto.

bitcoinmagazine.com Trump’s Crypto Czar David Sacks Calls Crypto the “Industry of the Future”

Bitcoin Magazine Trump’s Crypto Czar David Sacks Calls Crypto the “Industry of the Future” Trump’s Crypto and AI Czar David Sacks urged the U.S. to reclaim its lead in digital innovation, calling crypto “the industry of the future." This post Trump’s Crypto Czar David Sacks Calls Crypto the “Industry of the Future” first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

news.bitcoin.com ETF Recap: Bitcoin ETFs Bleed $799 Million as Solana ETFs Soar in Debut Week

The final week of October delivered a mixed performance for crypto ETFs. Bitcoin funds bled nearly $800 million, ether products held steady with modest inflows, and solana ETFs stole the spotlight with a $199 million debut, signaling a shifting behavior in investor sentiment. Solana ETFs Shine Amid Heavy Bitcoin Outflows and Ether Stability October’s final […]

news.bitcoin.com Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory

The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City’s next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani will likely be New York City’s next mayor according to Polymarket, and bitcoin traders don’t seem too pleased by it. The 34-year-old Ugandan-born New Yorker […]

bitcoinist.com Solana ETFs Shatter Expectations – Bitwise President Reveals What’s Driving The Current High Demand

Despite the ongoing bearish action of the Solana price, there has been a significant rise in interest and adoption of the leading altcoin over the past few days. Interestingly, on-chain data shows that this renewed massive wave of investors’ interest and adoption is observed in the recently approved Solana Spot Exchange-Traded Funds (ETFs). Unprecedented Momentum […]

ambcrypto.com Cardone Capital crypto adds $72mln Bitcoin – What's its hybrid strategy?

Key Takeaways  What's behind the real estate firm’s BTC play?  To diversify rental income flow to BTC as a hedge against USD inflation.  Will the BTC bet withstand the short-term headwinds?  The post Cardone Capital crypto adds $72mln Bitcoin – What's its hybrid strategy? appeared first on AMBCrypto.

bitcoinmagazine.com Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO

Bitcoin Magazine Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO After a stint as interim CEO, Abubakar Nur Khalil is officially Btrust's new chief executive officer. This post Btrust Names Bitcoin Core Contributor Abubakar Nur Khalil as New CEO first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Hurry Before It’s Gone: Milk Mocha’s $HUGS Presale Now Live After Hitting 50M Fans Worldwide

The Milk Mocha ($HUGS) presale is live, and fans are scrambling to get in before the final slots vanish. The project’s presale is now live, becoming one of 2025’s biggest community-driven events. What started as a feel-good meme coin featuring the world’s most lovable bears has turned into a real financial movement powered by engagement, [...] The post Hurry Before It’s Gone: Milk Mocha’s $HUGS Presale Now Live After Hitting 50M Fans Worldwide appeared first on Blockonomi.

bitcoinmagazine.com Fidelity Crypto Finally Allows Users to Send and Receive Bitcoin as UK ETP Gains Regulatory Approval

Bitcoin Magazine Fidelity Crypto Finally Allows Users to Send and Receive Bitcoin as UK ETP Gains Regulatory Approval Fidelity International has gained FCA approval to offer UK retail investors access to its crypto exchange-traded product (ETP). This post Fidelity Crypto Finally Allows Users to Send and Receive Bitcoin as UK ETP Gains Regulatory Approval first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinist.com Ripple CTO Says XRP Isn’t Here To Replace Banks, So What Is Its Main Use?

Ripple’s Chief Technology Officer, David Schwartz, has clarified that XRP’s core purpose is to give individuals direct control over their money. In a recent post on the social media platform X, Schwartz highlights how XRP is not intended to replace banks but rather facilitates the free movement of value without centralized control or intermediaries. Ripple […]

news.bitcoin.com Onchain Analyst: Long-Sleeping Bitcoin Whale Resurfaces, Shifting 2,300 BTC to Paxos Wallet

On Monday, onchain analyst Emmett Gallic spotted a heavyweight bitcoin whale making waves after dropping 2,300 BTC into a Paxos-tagged deposit address. Despite that hefty move, the whale is still swimming in deep crypto waters—holding 32,490.38 BTC worth a cool $3.44 billion. Analyst Emmett Gallic Flags $245M Bitcoin Move From Long-Inactive Whale Bitcoin’s price has […]

bitcoinmagazine.com Lava Raises $200M for Bitcoin-Backed Line of Credit, Announces New Borrow Rates Starting at 5%

Bitcoin Magazine Lava Raises $200M for Bitcoin-Backed Line of Credit, Announces New Borrow Rates Starting at 5% Lava, the bitcoin-backed lending platform, announces a $200M funding round led by venture and debt capital, introducing a revolving line of credit with fixed rates from 5%—no monthly payments required, backed by BTC collateral. This post Lava Raises $200M for Bitcoin-Backed Line of Credit, Announces New Borrow Rates Starting at 5% first appeared on Bitcoin Magazine and is written by Juan Galt.

blockonomi.com Beyond the Hype: How Milk Mocha ($HUGS) Builds a Community on Kindness

The beloved cartoon bears, Milk and Mocha, are known globally for their message of love and friendship. This deep connection is now the foundation for a new digital economy. The Milk Mocha ($HUGS) project takes this core identity seriously, building an ecosystem where these values come first. It’s a project focused on channeling a massive [...] The post Beyond the Hype: How Milk Mocha ($HUGS) Builds a Community on Kindness appeared first on Blockonomi.

bitcoinmagazine.com Bitcoin Support Under Attack as Bears Look to Push Price Below $100,000

Bitcoin Magazine Bitcoin Support Under Attack as Bears Look to Push Price Below $100,000 The $106,900 Fibonacci support level provided a bounce last week, but repeated tests raise risks of a drop to $100,000 and long-term support at $96,000. This post Bitcoin Support Under Attack as Bears Look to Push Price Below $100,000 first appeared on Bitcoin Magazine and is written by Ethan Greene - Feral Analysis and Juan Galt.

news.bitcoin.com IREN Inks $9.7 Billion AI Cloud Deal With Microsoft

IREN Limited announced it has inked a multi-year GPU cloud services contract with Microsoft, marking a major partnership in the rapidly expanding field of artificial intelligence (AI) infrastructure. Microsoft Taps IREN for Next-Gen GPU Infrastructure As explained in the release, under the five-year agreement, IREN (Nasdaq: IREN) will supply Microsoft with access to Nvidia GB300 […]

bitcoinmagazine.com IREN, Cipher Mining (CIFR) Strike Multi-Billion AI Cloud Deals with Microsoft and Amazon

Bitcoin Magazine IREN, Cipher Mining (CIFR) Strike Multi-Billion AI Cloud Deals with Microsoft and Amazon IREN Limited (NASDAQ: IREN) and Cipher Mining Inc. (NASDAQ: CIFR) made major moves with Microsoft and Amazon, signaling their shift from Bitcoin mining to AI infrastructure. This post IREN, Cipher Mining (CIFR) Strike Multi-Billion AI Cloud Deals with Microsoft and Amazon first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

altcoinbuzz.io Privacy Series Part 1: FHE Fully Homomorphic Encryption

Today, we are starting a series on privacy. Privacy matters. It’s important. It’s a fundamental right, even if we don’t always say so. And it’s vital to have at least some privacy when we transact with others. So we are going to look at the different forms of privacy crypto projects offer. We will look […] The post Privacy Series Part 1: FHE Fully Homomorphic Encryption appeared first on Altcoin Buzz.

bitcoinist.com November Is One of Bitcoin’s Greenest Months in History: Why Bitcoin Hyper Can Soar

Key Takeaways: 1️⃣ Historically, November has been one of Bitcoin’s strongest months, with average gains exceeding 30% in bull years and previous cycles leading directly into new all-time highs. 2️⃣ Despite October’s 11% pullback, Bitcoin’s resilience — coupled with rising ETF inflows and treasury accumulation — has set the stage for a potentially explosive November […]

blockonomi.com Developers Rush In as BlockDAG’s $435M Presale Introduces Advanced Tools to Build dApps Before Mainnet Launch

What drives a crypto project’s real value? Not hype, utility. That utility is created by developers who build apps people actually use. BlockDAG (BDAG) understands this better than anyone. While its nearly $435 million presale has made waves across the market, the true breakthrough lies behind the scenes, in the technology empowering developers to shape [...] The post Developers Rush In as BlockDAG’s $435M Presale Introduces Advanced Tools to Build dApps Before Mainnet Launch appeared first on Blockonomi.

blockonomi.com Next Crypto to Hit $1? Why Digitap ($TAP) Has a Better Shot Than BlockchainFX’s Trading App

After months of volatility, investors are scanning the market for the best crypto to buy now. Attention is shifting toward early-stage tokens with strong fundamentals and working products. Among the contenders, Digitap ($TAP) has quietly become one of the most popular crypto presales of 2025, already attracting over $1.3M in contributions from those looking for [...] The post Next Crypto to Hit $1? Why Digitap ($TAP) Has a Better Shot Than BlockchainFX’s Trading App appeared first on Blockonomi.

bitcoinist.com OG Bitcoin Whale Selling Sparks Debate: Rotation Or Red Flag?

An exchange on X has pushed a pointed question to the foreground: are veteran Bitcoin whales distributing into strength as part of a rational, late-cycle rotation, or is the bid under Bitcoin’s core thesis quietly eroding? Former Bitwise exec Jeff Park set the frame with a reminder that OG wallets carry outsized informational weight: “OGs […]