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Digital assets, cryptocurrencies, blockchain, and currency news.

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Australia Seeks Feedback on Crypto Platform Regulations Ahead of 2027 Rollout
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Australia Seeks Feedback on Crypto Platform Regulations Ahead of 2027 Rollout

Key Highlights: The Australian Securities and Investments Commission (ASIC) released Consultation Paper 392 (CP 392), establishing proposed licensing, capital, and custody standards under the Corporations Amendment (Digital Assets Framework) Act. Under the proposed models, cryptocurrency operators without qualifying third-party custody may be required to maintain at least 14 million Australian dollars ($9.7 million) in net ...

A7A5 Stablecoin Halts Interest Payments as Daily Transfers Drop to 61
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A7A5 Stablecoin Halts Interest Payments as Daily Transfers Drop to 61

Key Highlights: Strikes targeting Yandex data centers disrupted the exchange supporting the Russian-linked cryptocurrency A7A5, causing digital asset activity to plummet. A7A5 transfer volumes collapsed from roughly 600 daily transactions to mere dozens across the Ethereum and Tron blockchains following infrastructure outages. Platform interest payouts halted, leaving investors unable to access automated support and directed ...

Millions of x402 Payments Mask a Much Smaller AI Agent Economy
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Millions of x402 Payments Mask a Much Smaller AI Agent Economy

Key Highlights: Data reveals that despite tens of millions of x402 micropayments occurring across major blockchains, only 0.6% to 7.5% of plausible trading volume is driven by AI agents. Marketplace snapshots indicate severe customer concentration, with only 246 out of 37,292 AI-accessible services managing to attract at least 20 unique paying agents. While stablecoins like ...

Standard Chartered Delays $2T Stablecoin Market Forecast to 2030 as Supply Stalls
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Standard Chartered Delays $2T Stablecoin Market Forecast to 2030 as Supply Stalls

Key Highlights: Standard Chartered has postponed its forecast for the stablecoin market to reach $2 trillion until 2030, even as transfer volumes surge. While circulating supply grew only 6% in a year to approximately $303 billion, monthly transfer volumes climbed dramatically to roughly $10 trillion in 2026. Regulatory shifts, including the impending GENIUS Act, could ...

Patrick Witt Exits White House Crypto Council With No Replacement Named
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Patrick Witt Exits White House Crypto Council With No Replacement Named

Key Highlights: A key cryptocurrency policy official, Witt, has stepped down, marking the third departure of a senior digital asset adviser from the Trump White House this year. Witt served as the final remaining staffer on the White House crypto advisory team following earlier exits by crypto and AI czar David Sacks and deputy Harry ...

Anthropic Revenue Surges to About $16.8 Billion in Q3
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Anthropic Revenue Surges to About $16.8 Billion in Q3

Key Highlights: Anthropic submitted a confidential S-1 filing to the U.S. Securities and Exchange Commission on June 1, eyeing a stock market debut this fall near a $2 trillion valuation. Even if its listing is pushed past the November U.S. midterm elections, Anthropic is positioned to beat competitor OpenAI to the public markets, with OpenAI ...

Brooklyn DA Recovers About $300,000 from Crypto Scam Ring with No Arrests Made
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Brooklyn DA Recovers About $300,000 from Crypto Scam Ring with No Arrests Made

Key Highlights The Brooklyn District Attorney’s Virtual Currency Unit (VCU) dismantled a multinational crypto scam network by seizing servers across three time zones in the United States and Eastern Europe. Scammers specifically targeted Russian-speaking individuals via deceptive Facebook ads, running fraudulent investment platforms that drained tens of millions of dollars before re-targeting victims with fake ...

Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop
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Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop

Key Highlights: Binance has announced the shutdown of its mining pool services, giving miners approximately four weeks to redirect their hash power to alternative platforms. Binance Pool pages will be permanently taken offline on November 24, with users required to finalize payouts, complete identity checks, and redeem Pool Savings before specified cutoffs. The closure marks ...

Why Bitcoin Is Down Today: BTC Slides Below $82,000 Following Hot September CPI Data
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Why Bitcoin Is Down Today: BTC Slides Below $82,000 Following Hot September CPI Data

Key Highlights: September’s Consumer Price Index (CPI) climbed 3.7% year-over-year, spurred by a 9.1% monthly spike in gasoline prices and firmer core inflation. Bitcoin dropped below the $82,000 threshold to trade near $81,850 as receding Federal Reserve rate-cut expectations dampened risk appetite. Spot cryptocurrency funds saw significant redemptions, with Bitcoin ETFs losing $681 million and ...

Why Bitcoin’s Next Price Target Could Be $93,000
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Why Bitcoin’s Next Price Target Could Be $93,000

Key Highlights: Technical chart patterns indicate Bitcoin ($BTC) is moving inside an ascending channel, with an established rebound trajectory pointing toward a potential rally to $93,000. On-chain indicators reveal a declining Bitcoin Exchange Whale Ratio alongside moving average crossovers that mirror a 40% surge experienced in 2023. UTXO Realized Price Distribution metrics highlight key resistance ...

Why the Bitway Rally Faces a Major Test After $3.2M in Short Liquidations
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Why the Bitway Rally Faces a Major Test After $3.2M in Short Liquidations

Key Highlights: Bitway surged by up to 46% toward the $2.75–$2.80 zone, triggering a massive short squeeze with over $3.20 million in short positions liquidated. Technical indicators reveal an overbought market state, with the Relative Strength Index (RSI) hitting 81.43 before the token pulled back to $2.53. Market stability now hinges on the $2.40–$2.50 support ...

SkyAI Faces Shareholder Pressure Over Solana Sales Ahead of $201M Offer
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SkyAI Faces Shareholder Pressure Over Solana Sales Ahead of $201M Offer

Key Highlights: Bastion Trading has suspended its participation in SkyAI’s planned transaction until management discloses detailed execution data on its recent Solana sales. Discrepancies emerged after SkyAI’s Form 8-K showed only about 600,000 $SOL remaining, contrasting with earlier statements indicating a larger treasury position following a nearly one million token liquidation. Bastion is demanding that ...