Binance integrates Bubblemaps’ blockchain data tools into its Web3 Wallet, giving users more transparency into token distribution and potential insider trading activity. Crypto exchange Binance is partnering with blockchain data platform Bubblemaps to give users of its non-custodial Web3 Wallet more insight into potential insider trading and token manipulation. The integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps’ blockchain data visualization tool to view token distribution and onchain wallet clusters, aiming to add “layers of transparency” to the Binance experience, according to a Wednesday announcement shared with Cointelegraph. Binance aims to help traders identify insider trading activity or other coordinated market behavior by analyzing a token’s distribution pattern. Read more
Bitcoin diverged from US stocks to give up $116,000 local highs while the S&P 500 reached record levels into the Fed interest-rate decision. Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Read more
President Donald Trump has pardoned CZ, marking another act of clemency for a prominent figure in the crypto industry that signals a concerning trend. US President Donald Trump pardoned Changpeng Zhao, also known as CZ, on Oct. 21. The former Binance executive is just the latest on a growing list of convicted crypto executives to receive clemency from the White House. Even on the campaign trail, Trump promised to make an about-face on crypto policy and grant clemency to individuals such as Silk Road founder Ross Ulbricht. The president cited instances of lawfare from the Biden administration as a significant motivator. While starting with Ulbricht in January, the list has grown to include four executives from the exchange BitMEX as well. This has encouraged some high-profile crypto figures behind bars, such as former FTX CEO Sam Bankman-Fried, to make overtures to the Trump administration. Read more
Europe’s MiCA framework is seen by Germany’s main opposition party as a barrier to Bitcoin adoption, sparking calls for regulatory reform. The German parliament is set to review a motion urging the government to recognize Bitcoin as a unique, decentralized digital asset that deserves a strategic approach. Germany’s main opposition party, Alternative for Germany (AfD), has submitted an official motion to the national parliament, the Bundestag, opposing the overregulation of Bitcoin (BTC). Filed on Thursday, the motion argues that Bitcoin is fundamentally different from other crypto assets and should not fall under the Europe-wide crypto regulatory framework known as Markets in Crypto-Assets (MiCA). Read more
Binance founder Changpeng Zhao warned investors not to buy a new CZ-themed memecoin after its price crashed 86% within hours of launch. Binance founder Changpeng “CZ” Zhao warned crypto investors not to buy a new memecoin launched to capitalize on his popularity, cautioning against the financial risks of trading celebrity-linked tokens with no real blockchain utility. The memecoin emerged shortly after a fan page built a golden statue of Zhao, sharing pictures and offering to send it to the founder of the world’s largest crypto exchange. Zhao warned users in a Wednesday X post not to buy the memecoin associated with the statue, as the token's launch signaled that the creators were looking to “make a quick buck off an interaction” with the founder. Read more
Crypto markets that trade 24/7 demand automated wallet protections, not manual vigilance. Passive vaults leave people exposed to overnight liquidations. Opinion by: Brian Huang, co-founder of Glider Crypto markets run 24/7. Today’s wallets leave users exposed to constant risk, highlighting the urgent need for automated protections that operate around the clock. While the US stock market closes every weekday at 4:00 p.m. ET, cryptocurrency markets never sleep. As more assets, including stocks, move onchain over the next few years, it won’t be long before most assets will trade 24/7. While permissionless access to assets around the world is great, no consumer tool today, whether TradFi or DeFi, is built to protect users around the clock. Read more
Bitcoin reached the key $116,000 level needed to maintain "golden week" gains, but the latest BTC price dip risked another Uptober letdown. Key points: Bitcoin is running out of time to seal “golden week” gains that have been standard since 2015. BTC price action needs to reclaim $116,000 by the Wednesday daily close, research shows. Read more
Bitwise’s Hunter Horsley was stung by criticism from Ethereum Maxis about the firm’s support of Solana, as ETH helped inspire Bitwise in 2016 In the lead-up to this weeks surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solanas shorter validator exit queue gave it the edge over Ethereum in the staking ETF race. Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solanas speed, throughput and finality as extraordinarily attractive. He labelled it the new Wall Street. The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was betraying ETHs cypherpunk values by championing other projects. Horsley was stung by the criticisms, not least because Ethereum was part of the inspiration for creating Bitwise in the first place. He replied he felt terrible to see these posts. We care a lot about Ethereum. Feedback received re recent commentary ...
Bitwise’s Hunter Horsley was stung by criticism from Ethereum Maxis about the firm’s support of Solana, as ETH helped inspire Bitwise in 2016 In the lead-up to this weeks surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solanas shorter validator exit queue gave it the edge over Ethereum in the staking ETF race. Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solanas speed, throughput and finality as extraordinarily attractive. He labelled it the new Wall Street. The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was betraying ETHs cypherpunk values by championing other projects. Horsley was stung by the criticisms, not least because Ethereum was part of the inspiration for creating Bitwise in the first place. He replied he felt terrible to see these posts. We care a lot about Ethereum. Feedback received re recent commentary ...