Crypto

Over 340,000 traders were liquidated daily.

The largest crypto has now tumbled more than 20% since hitting a record high above $126,000 only one month ago.

The former FTX CEO, who is currently serving a 25-year sentence for fraud, has repeatedly claimed that the crypto exchange was solvent at the time of its bankruptcy.

Here's why DOGE may experience an additional 30% price crash.

In an interview with Cointelegraph, economist Peter Schiff warns that Bitcoin’s gains are built on political and Wall Street support that may not last. In an exclusive interview with Cointelegraph, veteran economist and gold advocate Peter Schiff issued one of his starkest warnings yet about Bitcoin’s future, and the powerful forces he believes have inflated it. Schiff argues that the latest Bitcoin (BTC) bull market isn’t organic, but rather propped up by political influence in Washington, DC and Wall Street’s self-interest. Despite being proven wrong multiple times in the past, Schiff is doubling down on his statement that Bitcoin is a “bubble” and will eventually “go to zero.” The economist challenges the mainstream narrative that Bitcoin protects investors from inflation or dollar weakness, warning instead that the same institutions Bitcoin was meant to disrupt are now the ones keeping it alive. Read more

One of the biggest advocacy groups for banking in the U.S. has asked the Office of the Comptroller of the Currency to dismiss Coinbase's licensing effort.

Bitcoin just dropped below the $100,000 mark for the first time since May, with Ethereum, XRP, and other hit harder. Is the bull run over?

The U.S. Treasury has sanctioned eight individuals and two entities connected to North Korea laundering from cyber theft and IT worker schemes, citing links to weapons funding and adding cryptocurrency addresses and screening data that raise compliance risk for financial and crypto firms. The post U.S. Sanctions North Korean Bankers and Firms Tied to Crypto Laundering appeared first on Cryptonews.

Bitcoin traded at $100,640.15 as of press time, down 5.6% in the past 24 hours, after briefly losing the $100,000 price threshold on Binance futures for the first time since June 23. The sell-off wiped billions from the broader crypto market as traders confronted a three-month high in the dollar, equity weakness, and a four-day […] The post Why Bitcoin lost the $100k floor: Everything that happened in crypto today appeared first on CryptoSlate.

CleanSpark expanded its power capacity and secured a Texas site for its new AI campus, reflecting a broader shift among Bitcoin miners toward high-performance computing. Bitcoin miner CleanSpark expanded its power capacity by 28% in October as part of a broader push beyond crypto mining into artificial intelligence and high-performance computing (HPC). The US-based company said it had acquired 271 acres near Houston, Texas, securing 285 megawatts of long-term power for a dedicated AI data center. The move marks one of CleanSpark’s largest steps yet to diversify its operations as demand for energy-intensive computing continues to surge. CleanSpark’s AI move also led to a new partnership with Submer, a company that offers cooling solutions for data centers. “While Bitcoin remains an integral part of our business, we’re equally focused on developing large-scale data centers that will power the next generation of innovation across the digital world,” said Matt Schultz, CleanSpark’s CEO and chairman. Read more

Bitcoin price fell to 4-month lows below $100,000 as sellers completely overwhelmed buyers, and analysts speculated that “dead bodies” from the Oct. 10 sell-off are finally beginning to surface. Key points:  Bitcoin falls to 4-month lows below $100,000 as sellers capitulate and spot BTC ETF outflows increase.  Traders pinpoint the $88,000 to $95,000 range as a potential bottom. Read more

The creator behind the layer-2 has unveiled a proposal to transform its $ZK token from a governance instrument into a token with real economic utility.

LINK risks falling to $14 as breakdown amid heavy volume confirmed the broader bearish structure.

Metrics show 67% of Binance Coin is held by the public – BNB Price predictions could fare best against bear market sentiment. The post BNB Price Prediction: Price Drops Hard, But 67% Held by Public – Could This Be the Most Underrated Asset Right Now?  appeared first on Cryptonews.

Bitcoin has dropped about 19% from its record high as the government shutdown saps $700 billion from markets, but analysts see a major rally ahead when liquidity returns.

Gaevoy stated Wintermute never intended legal action against Binance, despite repeated social media claims linking the firm to ADL fallout.

Richard Teng said Binance "didn’t partake" in the decision for an Abu Dhabi-based company to use World Liberty Financial's USD1 for a $2 billion investment into the exchange. 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. The Binance CEO spoke amid scrutiny from many lawmakers after US President Donald Trump issued a pardon for former CEO Changpeng “CZ” Zhao, leading to allegations of corruption and “pay for play” politics. Read more

Crypto majors continued their decline, dropping another 3–8% as the selloff persisted. Bitcoin (BTC) fell 3% to $104,500, Ethereum (ETH) dropped 5% to $3,520, Binance Coin (BNB) slid 6% to $955, and Solana (SOL) plunged 8% to $162. Meanwhile, Decred (DCR) surged 111%, Dash (DASH) climbed 50%, and Internet Computer (ICP) gained 30%, leading the day’s top movers. Liquidations totaled over $1.2 billion on Monday, with long positions accounting for 90% of the losses, and the Crypto Fear & Greed Index slipped into “Extreme Fear.” Balancer suffered a $128 million exploit following a so-called “vibe-coded” hack, prompting Berachain to halt its chain amid cascading pool drains across Ethereum and linked networks. In industry developments, Hollywood.com announced plans for an entertainment-focused prediction market in partnership with Crypto.com, while Ripple launched prime brokerage services for digital assets in the U.S. Strategy revealed plans to issue 3.5 million shares of its 10% Series A Perpetual Stream Preferr...

IREN this week signed a $9.7 billion cloud services agreement with Microsoft.

Forward Industries has filed a Resale Prospectus Supplement registering certain PIPE shares for resale and authorized a $1B share repurchase program through open-market, block, private, or 10b5-1 trades, citing confidence in its Solana-focused strategy and long-term shareholder value. The post Solana Treasury Firm Forward Industries Files Prospectus and Approves $1B Share Repurchase Program appeared first on Cryptonews.