Crypto

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.

October closed roughly 4% down for Bitcoin, yet venture funding hit $5.1 billion in the same month, the second-strongest month since 2022. According to CryptoRank data, three mega-deals account for most of it, as October defied its own seasonal mythology. Bitcoin fell 3.7% during a month traders have nicknamed “Uptober” for its historical winning streak, […] The post VCs pour $5.1B into crypto firms while Bitcoin’s ‘Uptober’ whiffed appeared first on CryptoSlate.

Trading volume surged 76% above the weekly average, indicating significant distribution rather than retail activity.

The move—paired with a 15% open-interest drop—keeps pressure on bulls ahead of a looming death-cross setup and a key $2.20 support retest.

Shiba Inu Price Prediction has examined a 4% slide as the burn rate has surged 957.9% with 11.3M SHIB removed, while liquidity has stayed weak around $100M volume. The setup has outlined targets if demand holds, but momentum has remained soft amid BTC/ETH draw for capital. The post Shiba Inu Price Prediction: Burn Rate Explodes Nearly 1,000% – Is a Major Rebound Closer Than It Looks? appeared first on Cryptonews.

Altcoin season has been uneven, with Decred, Dash, and Internet Computer recording sizable 24-hour gains while most tokens have underperformed Bitcoin. Supply constraints, privacy narratives, technical setups, and short covering have shaped these selective rallies. The post Decred, Dash and Internet Computer Break From the Trend in a Quiet Altcoin Season appeared first on Cryptonews.

BTC is down by $15,000 in a week.

Friedman sees post-trade streamlining, collateral mobility and better payments as key blockchain breakthroughs.

10x Research says Ethereum faces structural risks as Bitcoin draws most institutional capital, making ETH a potential hedge short amid market caution. As Bitcoin continues to attract institutional treasury capital, Ethereum-focused companies are beginning to run out of dry powder, making the asset a potential shorting opportunity for investors looking to hedge their exposure to the digital asset sector. That was one of the key takeaways from a recent 10x Research report, which argued that shorting Ether (ETH) could be a smart hedge against Bitcoin (BTC). According to the report, Bitcoin remains the primary focus for institutional investment, while Ether exhibits structural weaknesses. The analysts said that “digital asset treasury” narratives around Ethereum have led institutions to accumulate ETH and later distribute it to retail investors — a pattern now breaking down amid a lack of transparency in private investment in public equity (PIPE) disclosures and uncertain capital flows. Read more

Ether, XRP, dogecoin and solana are all lower by 15%-20% over the past week.