Crypto

SHIB has made a strong “Uptober” debut as the sleeper pick – Shiba Inu price prediction set sights on new highs despite lacklustre attention. The post Shiba Inu Price Prediction: SHIB Flips Green on Uptober Day 1 – The Next Move Could Surprise Everyone  appeared first on Cryptonews.

Polymarket bettors have predicted the U.S. government shutdown has extended to October 15 or later, with 43% favoring October 15 or beyond and smaller shares for October 10–14 and October 6–9, as congressional negotiations have stalled and crypto policy advocates have urged continued dialogue. The post U.S. Government Shutdown Likely To Drag On Past Oct. 15, Polymarket Bettors Predict appeared first on Cryptonews.

Politicians have long slammed the amount of money Bitcoin miners use. Lawmakers now want to tax them for it.

Bitcoin (BTC) traded at $120,367.71 as of press time, near its all-time high of $124,000, driven by expectations of a rate cut and a market structure reset. Softer US labor signals and a live government shutdown have traders leaning heavily toward another Fed cut this month, lifting risk assets across the board. At the same […] The post Why is Bitcoin near all-time highs? Everything that happened in crypto today appeared first on CryptoSlate.

The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used. New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state. The proposed excise tax, which is not the first legislative initiative of its kind, will be levied in tiers, with no charge for miners consuming 2.25 million kilowatt-hours (kWh) or less per year and a tax of 2 cents per kWh for miners who consume 2.26 million to 5 million kWh annually. Miners who consume between 5 million-10 million kWh per year face a tax of 3 cents per kWh; those using up to 20 million kWh will be charged 4 cents per kWh; and any miner consuming over 20 million kWh per year will be charged a tax of 5 cents per kWh. Read more

Employee share sale pushes OpenAI to a $500 billion valuation as investor frenzy in artificial intelligence continues to grow.

Bitcoin has traded above $120K amid renewed institutional demand. Spot allocations have increased, BlackRock and Fidelity have led daily flows, and ETF trackers have reported volume exceeding $5B as Vanguard has reconsidered allowing crypto ETFs on its platform. The post Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next? appeared first on Cryptonews.

Sui enters the stablecoin race with a fully backed token and a synthetic dollar using delta-neutral hedging, as synthetic finance gains new traction. Synthetic stablecoins are returning to the spotlight this year — this time with renewed confidence in financial engineering designed to neutralize volatility through delta-hedged strategies. On Wednesday, SUI Group, a publicly traded company providing exposure to the Sui blockchain, announced plans to launch suiUSDe and USDi, described as the first native stablecoins of the Sui ecosystem. The initiative is being developed in partnership with Ethena Labs and the Sui Foundation. The two stablecoins take distinct approaches to maintaining a dollar peg. USDi will be fully backed by tokenized shares of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), a regulated money market fund holding short-term US Treasurys and cash equivalents. Read more

Bitcoin price aims for $125,000 as the gold rally and reduced inflation risks strengthen investors’ conviction in interest rate cuts and a rally from alternative assets. Key takeaways: Over $313 million in Bitcoin bearish positions were liquidated, signaling conditions for a short squeeze. Gold’s momentum highlights investors’ search for alternatives as interest rate cut expectations gain traction. Read more

Paul Faecks says no XPL team tokens have been sold, with allocations locked for three years with one year cliff amid insider dump rumors.

Zcash has more than doubled, reaching its highest since April 2022 as privacy demand, zk-SNARK momentum, and Grayscale access have lifted volume and market cap above $1.8B, while EU AML rules have planned restrictions on privacy coins by 2027. The post Zcash (ZEC) Explodes 100% as Privacy Coin Demand Surges Amid Uptober Rally appeared first on Cryptonews.

Top markets on Myriad this week include price predictions for Bitcoin and Solana, as well as odds of Polymarket token news.

Sharps Technology has approved a $100M repurchase and secured a $400M PIPE supporting its Solana treasury, alongside an MoU for discounted SOL. STSS has declined while SOL has gained, reflecting divergent trends into Q4. The post Sharps Technology Unveils $100M Solana Buyback – Are Treasury Firms Turning Sour on SOL? appeared first on Cryptonews.

Avalanche (AVAX) is suddenly the target of a planned billion-dollar buying spree from public market digital asset treasury (DAT) vehicles. AgriFORCE said it will rebrand to “AVAX One” and accumulate roughly $700 million of AVAX. Meanwhile, Avalanche Treasury Co. (AVAT) unveiled a $675 million SPAC deal that seeds about $460 million in balance sheet assets […] The post Avalanche treasuries line up $1 billion to make AVAX part of the multi-chain finance appeared first on CryptoSlate.

In his latest blog post, Hayes attacks the Eurozone, in particular focusing on France's problems.

TradFi dives deeper into crypto: Tether’s mega raise, SEC eyes onchain stocks, JPMorgan expands Kinexys and a biotech bets treasury on DePIN. If this week’s Crypto Biz had a theme, it’s the steady march of traditional finance deeper into crypto’s core infrastructure. Tether is reportedly courting major venture firms for a funding round that could value the stablecoin issuer alongside private tech giants like OpenAI. At the same time, US regulators are considering whether traditional stocks should trade onchain, as the convergence between the Securities and Exchange Commission, Wall Street and tokenization gains momentum. Elsewhere, JPMorgan’s Kinexys platform added a major Gulf bank as a user, while a Nasdaq-listed biotech firm built a treasury entirely around a DePIN token. Read more

President Donald Trump's administration is reportedly poised to name a nominee to swap in for the earlier pick of former Commissioner Brian Quintenz.

XRP is pumping again. Prediction market traders are leaning bullish, but the charts suggest any celebrations might be premature.

The fresh funding will supplement a $30M Doppler Finance tie-up, which is part of a $200M XRP allocation roadmap.

ETH bottomed at $3,900, and a unique trading pattern forecasts another 100% gain by mid-2026. Key takeaways: Ethereum may have found a floor at $3,900, signaling a local bottom. A rare Power of 3 pattern suggests a potential 80% to 100% breakout in Q4.  Read more