Crypto

Stellar Lumens (XLM) slid 6.25% amid heavy institutional liquidation, even as the network’s latest protocol upgrade strengthened its enterprise-grade transaction capabilities.

FIFA's Avalanche-based NFT collectibles platform is now the subject of a formal criminal complaint filed by Switzerland's gambling authority.

Filings with the SEC around crypto ETFs have increased while reviews have paused. VanEck has filed for a stETH trust; ARK has added income and downside funds; issuers have proposed higher-leverage products under Rule 18f-4 scrutiny as ETF assets and inflows have continued. The post SEC Drowning in ETFtober Filings: 5+ Crypto Funds Hit Desk Amid Shutdown Gridlock – What’s the Fix? appeared first on Cryptonews.

The total crypto market cap is down by over $500 billion in a week.

Florida is back with another attempt to put Bitcoin on the state’s balance sheet. The new bill, HB 183, revives last year’s failed effort but with sharper teeth and broader reach. It once again sets a ceiling of 10% of certain state funds that could be allocated to digital assets, including Bitcoin and regulated ETFs. […] The post Florida tries Bitcoin again: How $218B pension bill makes BTC a state asset this time appeared first on CryptoSlate.

Hedera’s native token faced sustained downward momentum over the past 24 hours, testing key support near $0.16 amid heightened trading activity and persistent bearish sentiment.

Ethereum holds $3,780 after 13% weekly drop as analysts debate $10K breakout or deeper correction. Key indicators flash mixed signals.

Arthur Hayes’ Maelstrom family office is launching a private equity fund targeting infrastructure and analytics firms in crypto, aiming for $250 million in capital.

Failure to meet the requirements set by ACPR could compromise an exchange's ability to get a MiCA license from France.

Prediction markets are rapidly going mainstream, and one expert argues that their simplicity could make them the first DeFi tool to achieve mass adoption. Mike Rychko, a researcher at prediction market infrastructure provider Azuro, thinks prediction markets are breaking into the mainstream — and the data appears to back him up. In a Thursday X post, Rychko argued that prediction markets are entering the real world beyond crypto and that their accessibility is likely to result in their success as the first decentralized finance (DeFi) product that achieves mass adoption. “Most people will never open a derivatives exchange,” Rychko wrote. “But ‘87% chance Mamdani wins’ — that’s a language anyone speaks.” Read more

There appeared to be consensus around growing labor market risks even as sticky inflation remains an issue.

And sell off they have, as Bitcoin hit a new four-month low overnight—turning crypto markets deep red.

Visa just dropped a roadmap for the future of finance, and it runs on programmable money. In a comprehensive new report, the payments giant is stating to its network of over 15,000 financial institutions that the $670 billion stablecoin lending market is no longer just an experiment in crypto. This market is the foundation for […] The post Can Visa’s $670B bet on programmable money rewrite global credit? appeared first on CryptoSlate.

Bitcoin’s drop below key support levels today could be a sign that the 2025 bull run is over, as a trader sets $52,000 as the bear market target. Key takeaways: Market analysts say the Bitcoin bull run could soon come to an end.   BTC price risks a 50% correction to $52,200 if key support levels fail, according to technical analysis. Read more

Russia’s rapid DeFi expansion and increase in large-value transfers indicate growing adoption of crypto for financial services, according to Chainalysis. Crypto adoption in European countries like the United Kingdom and Germany is lagging behind Russia, according to the latest report from US blockchain analytics firm Chainalysis. Russia emerged as the leading crypto market in Chainalysis’ latest European Crypto Adoption report, receiving $376.3 billion in crypto between July 2024 and June 2025. Published Thursday, the report combines analyses of regions previously examined separately, covering Central, Northern, and Western Europe, as well as Eastern Europe as a whole. Read more

Mitsubishi UFJ, Sumitomo Mitsui and Mizuho Financial Groups aim to create a shared framework for stablecoin issuance and transfer, according to a story in Nikkei.

From Tokyo Whale to the Halloween deadline, Mt. Gox’s long journey through Bitcoin history is nearing its end. Mt. Gox, the defunct Tokyo-based cryptocurrency exchange, still holds around 34,689 Bitcoin (BTC) ahead of its Oct. 31 repayment deadline. The exchange lost around 650,000 BTC in thefts that went undetected from 2011 until its 2014 collapse, while about 200,000 BTC was later found in an old-format wallet. Those coins became the foundation for creditor repayments overseen by court-appointed trustee Nobuaki Kobayashi. In 2017 and 2018, Kobayashi earned the nickname “Tokyo Whale” for selling Mt. Gox Bitcoin to fund fiat repayments. In mid-2024, wallet activity surged again as roughly 100,000 BTC was moved between Mt. Gox addresses for distribution, though not all represented actual sales. Read more

AI compute remains centralized in developed nations. Decentralized blockchain networks can unlock idle GPUs to democratize access. Opinion by: Gaurav Sharma, CEO of io.net  Artificial intelligence may be in its early days, but it has already delivered significant scientific and technological breakthroughs across the developed world. Unfortunately, these developments have come at a cost: the dangerous centralization of AI. On Forbes’ 2025 list of the top 50 private AI companies, all are based in the developed world, with 80% in the US.  Read more

Aave (AAVE) plummets 10.1% and Bitcoin Cash (BCH) drops 8.7%, leading index lower.

Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.