Digital assets, cryptocurrencies, blockchain, and currency news.
Key Highlights: Major cryptocurrencies remain range-bound, with Bitcoin trading at $86,051.26 and Ether at $2,715.12 amid choppy market conditions. Smaller altcoins are driving market gains, led by Bitway’s native token $BTW, which surged 25% in 24 hours and 170% over the past 30 days. Filecoin (FIL), LayerZero (ZRO), and Midnight (NIGHT) recorded notable intraday increases, ...
Key Highlights: Special Purpose Acquisition Company (SPAC) Armada is set to merge with Evernorth, taking the crypto-focused entity public. Evernorth is projected to hold roughly 473 million XRP following the deal, representing an estimated valuation of $714 million at a price of $1.51 per token. Armada held $241.2 million in capital at the close of ...
Key Highlights Chinese AI firm DeepSeek is closing in on a massive funding round between $12 billion and $15 billion backed by Tencent and CATL, targeting an early 2027 IPO. Kimi chatbot maker Moonshot AI has completed its final private round at a $50 billion valuation and plans a Hong Kong public listing in Q1 ...
Key Highlights OKX is launching a consumer-focused money app designed specifically to target non-crypto users by abstracting blockchain infrastructure into a familiar dollar balance. The move reflects an industry-wide transition where tracked crypto-card spending has exceeded $1 billion this year as exchanges bridge digital assets and everyday transactions. The rollout builds on OKX’s broader consumer ...
Key Highlights: Bitcoin traded at $85,453, marking a 32% decline from its all-time peak recorded a year earlier. The cryptocurrency reached its record high above $126,000 on October 6, 2025. While a 32% drop represents a severe downturn in conventional asset classes, the drawdown represents a significantly milder correction compared to historical Bitcoin market cycles. ...
Key Highlights: Coinbase Asset Management executive Bassili projects that Bitcoin will exceed $300,000 by 2030. A narrowing valuation gap between Bitcoin’s market capitalization and physical gold remains a primary long-term objective. Despite the asset’s expansion and potentially moderating percentage returns, Bassili sees persistent appreciation potential rather than short-term parity with gold. Coinbase Asset Management Head ...
Key Highlights CFTC Chairman Mike Selig identified Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Stellar (XLM), Tezos (XTZ), and XRP as examples of “digital commodities.” The remarks follow joint asset classification efforts between the CFTC and the U.S. Securities and Exchange Commission (SEC) as the CFTC prepares to draft its first formal crypto market rules. Regulators ...
Key Highlights Metaplanet executed a strategic sale of 10,000 Bitcoin (BTC) to demonstrate balance-sheet liquidity, subsequently buying back an even larger allocation. The company repurchased its Bitcoin holdings at a higher average price than the sale, generating a potential tax loss that remains subject to audit review. For the third quarter, Metaplanet posted an 11.3% ...
Key Highlights: Stablecoin infrastructure firm Rain has filed an application with the OCC to form Rain National Trust Bank, a New York-headquartered national trust bank. Led by proposed CEO Brandon Soto, the entity would hold institutional assets in fiduciary custody and support dollar-backed stablecoin issuance under the $GENIUS Act without offering retail loans or taking ...
Key Highlights: Payments infrastructure company Rain has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank. If granted approval, the proposed entity will offer fiduciary custody for digital assets and U.S. dollars, manage reserves for permitted stablecoin issuers, and issue USD-backed stablecoins without functioning as ...
Key Highlights: Open interest in crypto derivatives contracted, but remaining exposure stayed near the upper boundary of Glassnode’s statistical range as long-side funding payments climbed from $926,400 to $1.5 million. Short-term to long-term holder supply ratio settled at 14.2%, reflecting an expanding footprint of younger, more price-sensitive coin cohorts. Spot cumulative volume delta reversed from ...
Key Highlights: Polymarket is launching Protocol V2, replacing its legacy 2019 Gnosis CTF architecture with a complete mainnet transition scheduled for November 2. The upgrade consolidates markets into a single ERC-1155 position contract, adopts pUSD as collateral, and utilizes a multi-oracle aggregator featuring UMA and Chainlink. Following formal verification by Certora and extensive auditing, testing ...