Crypto

China’s central bank boss really, really doesn’t like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express. China has finally put rumors to rest following a speech by Peoples Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing. After Hong Kongs stablecoin licensing regime took effect in August, several companies including some from mainland China reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban. However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies remain in effect. Read more

China’s central bank boss really, really doesn’t like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express. China has finally put rumors to rest following a speech by Peoples Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing. After Hong Kongs stablecoin licensing regime took effect in August, several companies including some from mainland China reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban. However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies remain in effect. Read more

Blockchain fees are set to reach $19.8 billion this year, demonstrating the technology’s growth beyond speculation into real, user-driven economic activity. The blockchain industry is showing signs of newfound maturity — at least by one often-overlooked metric — pointing to broader adoption across decentralized finance, consumer apps and emerging sectors. According to a new Onchain Revenue Report from venture capital company 1kx, onchain revenue, as measured by user-paid fees, is on track to reach $19.8 billion in 2025. That follows a record-breaking $9.7 billion in the first half of the year alone. These fees represent the total amount users spend to transact directly on blockchain and related infrastructure, covering trades, swaps, registrations, gaming revenues and subscriptions, among others. Read more

Fusaka, which will introduce a new, efficient data-sampling method for transactions called PeerDAS, will go live in early December.

DYdX President Eddie Zhang reportedly said the decentralized exchange would offer spot trading for cryptocurrencies as part of its move into the US later this year. Decentralized exchange dYdX is reportedly preparing to enter US markets by the end of 2025, its president Eddie Zhang said. According to a Reuters report published Thursday, the company plans to enter the United States in the coming months, expanding its offerings to include spot trading on cryptocurrencies, such as Solana (SOL). “It’s very important for us as a platform to have something available in the United States, because I think it represents, hopefully, the direction we’re trying to move in,” said Zhang, according to Reuters. Read more

The lending protocol's token showed weakness as technical support crumbled, plunging below $210.

Strategy has built a Bitcoin treasury in excess of $68 billion.

A fierce fee war has erupted in the UK crypto ETN market, with issuers slashing management costs to as low as 0.05% in a competition for market share. The post UK Crypto ETN Market Turns Fierce After Retail Access Restored — Issuers Slash Fees to 0.05% appeared first on Cryptonews.

Solana spent years building a staking culture in which over two-thirds of the circulating supply is delegated to validators, earning roughly 6% annually from inflation and fees. Non-staking Solana ETFs might just change this dynamic. Now that reflexive on-chain participation faces a new competitor: exchange-traded funds that either cannot or will not stake. Hong Kong’s […] The post Do ETFs risk centralizing Solana, and who actually gets the yield? appeared first on CryptoSlate.

One onchain observer noted a large transaction by Jump Crypto, speculating that the crypto firm might be rotating SOL into BTC, perhaps weighing on sentiment.

“The safety of our traders’ funds is the bedrock of everything we do," the company's CCO stated.

With less than $1 billion separating BNB and XRP in market cap, the battle for fourth in the crypto rankings is heating up. Which way will it go?

Heavier trading met a late rebound after a breakdown, narrowing the range and putting nearby checkpoints back in focus.

The company recently said that it’s exploring a token for its Ethereum layer-2 network, Base.

Coinbase’s Base network became profitable in Q3 as transaction volume rose and ETH prices climbed, supporting broader gains across trading and services.

Bitcoin's action of late hasn't been great, but the price did rise nearly 7% in the three months ended September 30, boosting reported profits for Michael Saylor's firm.

CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto. Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be disclosed in a Securities and Exchange Commission (SEC) filing on Friday, according to Core Scientific’s announcement. CoreWeave finalized the $9 billion acquisition in July, subject to shareholder approval, in which Core Scientific shareholders would receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share they own. Read more

Ethereum looks shaky at first glance, but Alphractal's data and van de Poppe's charts hint the worst may be over.

Despite expectations for Q4 rallies, Dogecoin's market structure remains fragile, with traders watching if it can defend the $0.18 base.

Chainlink is still one of the few coins that has not bounced back since the October 10 crash. It fell from over 22 dollars to around 17 and has been stuck there ever since.Things have even slipped a bit more, with LINK down another 1 percent in the past day. But that could be about […] The post Chainlink Price Prediction: Crypto Twitter Points to LINK Exchange Reserves Multi-Year Lows – Is a Supply Shock Coming? appeared first on Cryptonews.