Here | Crypto

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Galaxy cut its 2025 Bitcoin price forecast to $120,000 from $185,000, citing changing market conditions. US spot Solana ETFs extended their six-day inflow streak, while the White House defended President Trump’s pardon of former Binance CEO Changpeng Zhao. Investment company Galaxy lowered its 2025 Bitcoin price forecast to $120,000 from $185,000, citing several headwinds and dampened price volatility due to passive investment flows into exchange-traded funds (ETFs) and financial institutions. Factors such as whales dumping 400,000 Bitcoin onto the market in October, along with rotations into other investment narratives such as gold, AI and stablecoins, in addition to leveraged liquidations, have put a damper on BTC price, Alex Thorn, Galaxy’s head of research, said on Wednesday. Read more

Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter. On Nov. 4, Bitcoin briefly dipped to its lowest level since May at $99,075, before recovering to approximately $102,437 as of press […] The post Bitcoin bear market OR bear trap? Here’s what your ‘quants’ are saying appeared first on CryptoSlate.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Binance’s CEO denied claims that the exchange influenced the choice of a Trump-linked stablecoin in a multibillion-dollar deal. The fallout from the Balancer exploit deepened as on-chain data suggested a months-long attack, and Bitcoin’s drop weighed on market sentiment. Richard Teng, CEO of the global cryptocurrency exchange Binance, has reportedly denied allegations that the company played a role in selecting a stablecoin issued by a Trump family-backed crypto business as part of a multibillion-dollar deal.  According to a Tuesday CNBC report, Teng said Binance “didn’t partake” in the decision to use USD1, the stablecoin launched by the Trump family’s World Liberty Financial business, for a $2 billion deal with an Abu Dhabi-based company, MGX. Read more

Bitcoin has moved below $100K after heavy leverage unwinds and short-term holder capitulation, with support eyed near $99K and resistance at $111K–$113K. Despite drawdowns, ETF inflows and institutional accumulation have persisted as analysts weigh bear-case risks versus a potential November recovery. The post Bitcoin Falls Below $100K, Wipes Out $1 Trillion from the Crypto Market – Here’s What’s Really Happening appeared first on Cryptonews.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, digital assets investment products recorded $360 million in outflows last week. DeFi protocol Balancer suffered a $116 million exploit involving staked Ether, while Aster surged 30% after Binance co-founder revealed the purchase of about $2.5 million worth of the token with personal funds. Cryptocurrency investment products saw $360 million in outflows last week as investors reacted to Federal Reserve Chair Jerome Powell’s cautious remarks on future rate cuts. Despite Wednesday’s rate cut, Powell’s remark that another one in December was “not a foregone conclusion,” combined with the absence of economic data due to the ongoing government shutdown, appears to have left markets uncertain, CoinShares reported on Monday. Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Coinbase is nearing a deal to acquire stablecoin startup BVNK. Romania’s gambling regulator has blacklisted prediction market Polymarket, and crypto market sentiment remains in a state of fear despite renewed clarity on US-China trade relations. Coinbase Global Inc., the world’s third-largest cryptocurrency exchange, is continuing its stablecoin push after key legislation in the United States sparked a renewed wave of corporate interest in blockchain-based payments. Coinbase exchange is reportedly in late-stage talks to acquire stablecoin infrastructure startup BVNK in a $2 billion deal, according to a report by Bloomberg, citing people familiar with the matter. Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, European Central Bank head touts CBDC as symbol of ‘trust,’ Spot Solana ETFs continue to attract investor interest amid “capital rotation” from Bitcoin and Ether funds, Meanwhile, Bitcoin ended October at a 3.69% monthly decline, the first time in seven years. European Central Bank (ECB) president Christine Lagarde said on Friday that the digital euro, a central bank digital currency (CBDC), is a “symbol of trust,” and that the ECB is aiming to launch it “as early as possible.” Lagarde said that traditional “banknotes” would continue to circulate and that the digital euro CBDC would function like cash but for online payments. She continued: Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US Treasury Secretary Scott Bessent praised Singapore’s approach to digital asset regulation. The Bitcoin white paper, published by Satoshi Nakamoto, turned 17 years old, but a struggling BTC price has marred the occasion, as it faces its first red October in seven years. Elsewhere, Michael Saylor said that Strategy is unlikely to look at acquiring other Bitcoin treasury firms as there’s too much uncertainty. US Treasury Secretary Scott Bessent has praised Singapore’s proactive approach to digital assets and stablecoin regulation, highlighting what he described as a model for effective and secure innovation in financial technology. Speaking at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, Bessent met with Singapore Prime Minister Lawrence Wong to discuss financial cooperation and the future of digital ...

For more than a decade, October has been one of Bitcoin’s easiest months to be bullish. Historically, it has delivered average gains of about 22.5%, helped by post-summer liquidity, year-end portfolio positioning, and, more recently, steady demand from US investment products. As a result, confidence in that pattern was high again this year. And true […] The post Here is why Bitcoin registered its first red October in 7 years appeared first on CryptoSlate.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US lawmakers are pushing to advance the crypto market structure bill despite the ongoing government shutdown. Standard Chartered forecasts real-world assets could surge to $2 trillion by 2028, while US President Donald Trump met with Chinese President Xi Jinping to ease tariff tensions. Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight. According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline. Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, a pro-crypto political group has endorsed Andrew Cuomo in the New York City mayoral race. Meanwhile, Grayscale Investments launched its staking Solana ETF in the United States, and Ethereum’s Fusaka fork went live on its final testnet. Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo. In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group cited an agenda that included “blockchain, tokenization, public-benefit stablecoins, and artificial intelligence.”  Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Polymarket is preparing to relaunch trading services in the United States within weeks. Circle has debuted the Arc blockchain testnet with support from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard, and a US lawmaker wants to bar Trump, his family and elected officials from trading crypto and stocks. Prediction platform Polymarket is reportedly eyeing launching trading services in the United States in a matter of weeks. According to a Tuesday Bloomberg report citing people familiar with the matter, Polymarket plans to initially launch limited trades available to US residents before the end of November, with an emphasis on sports betting.  Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Michael Selig confirmed his nomination to chair the US Commodity Futures Trading Commission. Meanwhile, cryptocurrency investment funds regained momentum last week amid improving investor confidence, and Australia’s crypto industry warned that the country’s draft digital asset laws still need significant work. US Securities and Exchange Commission (SEC) official Michael Selig announced that President Donald Trump had nominated him to chair the Commodity Futures Trading Commission (CFTC), citing a focus on crypto policies. The move still requires Senate approval and comes as the agency operates with several open seats. In Saturday X posts, Selig and White House crypto and AI czar David Sacks confirmed reports that Trump would nominate him to chair the CFTC, setting the groundwork for the departure of acting Chair Caroline Ph...

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US Treasury Scott Bessent signals trade framework deal reached, CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists, and Kyrgyzstan launches a stablecoin and confirms CBDC rollout with the help of Changpeng Zhao. Scott Bessent, the Treasury secretary of the United States, said on Sunday that the US and China have made “substantial” headway on a trade deal framework between the two countries, stoking investor hopes that markets will resume their upward trajectory. The prospective framework means the 100% additional tariffs on China, announced in October, will likely not be implemented, and he said the two countries would also collaborate on security agreements. Bessent added: Read more

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening its crypto push with a new digital token for its top clients and Rumble has teamed up with Tether to add Bitcoin tips for content creators. The Bitcoin mining industry is experiencing rising competition following the 2024 halving, with mid-tier miners narrowing the gap in realized hashrate as challenging post-halving economics persist. Recent data from The Miner Mag shows that public miners such as HIVE Digital, Bitdeer and Cipher Mining have expanded their realized hashrates after years of infrastructure investment. These companies are now catching up to the largest players, including MARA Holdings, CleanSpark and Cango. Read more

Polymarket has confirmed a token, while an airdrop has been referenced as a post-U.S. launch priority. The platform has reported over 95% share, weekly volumes above $700M, and new backing, as analysts have outlined likely governance and fee roles. The post PolyMarket Airdrop Confirmed – Here’s What You Need to Know Ahead appeared first on Cryptonews.

The Fed has described a capped “payment account” that would offer basic access to Fedwire and ACH without interest, overdrafts, or emergency lending, framing it as a payments tool that could reduce reliance on intermediaries for eligible firms, including stablecoin issuers. The post The Fed’s New Account Could Let Crypto Into the System – Here’s What Traders Need to Know appeared first on Cryptonews.

Investors pulled nearly $430 million from Ethereum ETFs on Monday after Friday’s sharp sell-off, but analysts still favor a bullish Ethereum price prediction.According to Farside Investors, ETH ETFs saw eight straight days of net inflows before the crash, drawing in nearly $2 billion in fresh capital.This puts the recent outflow into perspective, suggesting that most […] The post Ethereum Price Prediction: Panic Pullback or Bullish Setup? Here’s What $429M in ETF Outflows Really Means appeared first on Cryptonews.

With NABE in focus, the Fed chair Jerome Powell has shaped expectations around inflation and possible rate cuts, while Crypto markets have seen heavy liquidations after tariff headlines and fears of a Crash. Futures have shown high odds of 25 bp moves in October and December. The post Fed Chair Jerome Powell’s Speech Tomorrow Could Trigger a Crypto Market Crash – Here’s What to Expect appeared first on Cryptonews.

Sharps Technology, which holds one of the largest Solana treasuries in the U.S., has chosen Coinbase as its official custodian — a move that signals serious long-term intent and supports a bullish Solana price prediction.According to a recent press release, the company has already acquired 2 million SOL, valued at over $440 million, and appears […] The post Solana Price Prediction: Public Company Taps Coinbase to Buy Millions in SOL – Wall Street is Here appeared first on Cryptonews.