Crypto

Senator Cynthia Lummis has supported Jack Dorsey’s call for a Bitcoin tax exemption on everyday transactions, stating she is working on the issue. The proposal would revive a failed legislative push. The post “Working on It”: Senator Lummis Backs Jack Dorsey’s Push for a Bitcoin Tax Exemption appeared first on Cryptonews.

Chainalysis says $75 billion in crypto tied to illicit activity could be recoverable — a figure that may influence nations weighing official crypto reserves. As the United States and other countries weigh the prospect of building national cryptocurrency reserves, new research from Chainalysis suggests governments may already be within reach of tens of billions of dollars in potentially recoverable onchain assets — a development that could intersect with those reserve discussions. In a report published Thursday, Chainalysis estimated that crypto balances linked to illicit activity exceed $75 billion. That total includes roughly $15 billion held directly by illicit entities and more than $60 billion in wallets with downstream exposure to those entities. The blockchain analytics company said darknet market operators and vendors control more than $40 billion in crypto assets on the blockchain. Read more

As investors seek to hedge against a weaker dollar, Bitcoin’s role in the so-called “debasement trade” remains more narrative than reality.

BONK price prediction has detailed BONK’s decline during “Rektober,” while analysts have maintained a constructive outlook. Accumulation, mid-range RSI, a potential MACD crossover, and exchange outflows have supported the thesis as Solana’s advance has continued toward prior highs. The post BONK Price Prediction: 400% Breakout Looms as BONK Overtakes DOGE and SHIB in Trader Watchlists appeared first on Cryptonews.

Bitcoin risked losing $120,000 support as repeat retests caused traders to see much lower BTC price targets coming in the near future. Key points: Bitcoin risks new October lows as sellers regain control and BTC price discovery gets put on hold. Targets include the local range lows at about $108,000 amid bearish divergences. Read more

Polygon has expanded its institutional footprint as FINMA-supervised AMINA Bank has offered regulated POL staking to qualified clients in Switzerland, with a Polygon Foundation boost on rewards and a framework addressing risks such as slashing and lockups. The post AMINA Bank Launches Polygon POL Staking for Institutions – Compliance First, Yield Up to 15% appeared first on Cryptonews.

Solana meme coin treasury company Bonk, Inc., is looking to acquire 5% of the BONK circulating supply by the end of the year.

Precious metals have experienced record highs in 2025, making Bitcoin relatively undervalued, positioning BTC for a strong Q4 rally. Precious metals are soaring in response to the US dollar debasement, with gold hitting $4,000 per ounce and silver reaching a 45-year high of over $50 per ounce. Still, the precious metal rally may be running out of steam, paving the way for investor rotation into alternative store-of-value assets like Bitcoin (BTC) and tokenized real-world assets. Gold’s more than 50% rally so far this year — coupled with Goldman Sachs’ forecast of $4,900 per ounce by the end of 2026 — suggests the metal is “overheated,” according to Nic Puckrin, founder of the Coin Bureau education company. He said: Puckrin added that these assets all serve as hedges against fiat currency inflation and geopolitical uncertainty.  Read more

The four-year cycle would usually end about now, but strong ETF demand, “more organic” accumulation and bullish technicals suggest BTC price can go higher for longer. Key takeaways: Strong ETF inflows and accumulation across all BTC investor groups suggest the rally is just getting started. Spot Bitcoin ETFs saw $2.2 billion in net inflows over one week — the second-largest ever. Read more

Top markets on Myriad this week include price predictions on Bitcoin, a Polymarket token announcement, and comeback chances for the Detroit Tigers.

Critical support breakdown at $0.38 triggers institutional selling amid broader crypto market stress.

Altcoin Season has concentrated in privacy and policy plays. Zcash has led on strong volumes and a sustained breakout, Monero has tracked the theme after reclaiming its 200-day average, and DoubleZero has seen active trading following an SEC no-action letter. The post Zcash Powers Altcoin Season – Monero Tracks, DoubleZero Rallies on Policy Catalyst appeared first on Cryptonews.

Institutional investors retreat amid regulatory gridlock, with trading volumes surging past 100 million as market participants reassess digital asset exposure.

Bitcoin consolidated near $123,000 after an 8% leverage flush, signaling a possible new value area and setting up for a potential Q4 rally toward $150,000. Key takeaways: Bitcoin retained range-bound trading above $120,000 after an 8% leverage reset in futures. Spot demand and declining open interest point to renewed buyer confidence. Read more

Silver hit $50 per ounce for the first time ever, but that milestone sparked a fast bout of profit-taking.

The bank's analysts started coverage of crypto exchange OSL with a buy/high risk rating and a HK$21.80 price objective

Bitcoin slips below $121,400 as stocks and precious metals reach new highs. Gold has surged 53% this year compared to Bitcoin's 29% gain.

VILNIUS, Lithuania, 9th October 2025, Chainwire

Check out the recent news surrounding Ripple and its ecosystem.

XPL drops 14% in 24h, returning to key support at $0.75 as RSI hits oversold and Open Interest stays above $1B.