Crypto

Coinbase has completed more than 40 high-profile mergers and acquisitions, investing billions of dollars in promising cryptocurrency startups and unicorns. With an estimated value of $100 billion, it’s hard to believe that a company like Coinbase needs to acquire new businesses to grow. But with $10 billion in cash on hand, the US’s biggest cryptocurrency exchange continues to seek out the next big opportunity in the sector. Coinbase has not been shy about writing checks in 2025. The exchange reportedly paid $2.9 billion in a cash-and-stock acquisition of cryptocurrency options trading platform Deribit in August. Then came its headline-grabbing $375 million acquisition of onchain capital raising platform Echo in October. Crypto Twitter was buzzing over the news, thanks to some genius marketeering involving Echo’s founder and influencer Cobie, who received $25 million from Coinbase as part of the deal to relaunch his long-dormant UpOnly podcast. Read more

The U.S. Securities and Exchange Commission (SEC) is expected to approve the first Hedera and Litecoin exchange-traded funds (ETFs), according to Bloomberg analyst Eric Balchunas, who confirmed that listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR have been posted and are scheduled to go live on October 28. The post SEC Poised to Approve HBAR ETF — Hedera’s Gregg Bell Calls It ‘New Chapter’ for Regulated Crypto Access appeared first on Cryptonews.

Circle's Arc blockchain testnet goes live with BlackRock, Visa, and 100+ companies—aiming to be the internet's financial operating system.

Bitcoin breached $116,000 for the first time in two weeks, and the usual narrative surfaced: inflation hedge. But the data tells a different story. This cycle, Bitcoin trades less like a consumer-price shield and more like a real-time barometer of dollar liquidity and discount rates. The question isn’t whether Bitcoin hedges inflation, but whether a […] The post Does a weaker dollar drive Bitcoin price now? appeared first on CryptoSlate.

As central banks ramp up their gold buying, BlackRock CEO Larry Fink referred to crypto and gold as the “assets of fear.” BlackRock CEO Larry Fink said investors are turning to gold and cryptocurrency out of fear that their assets are losing value amid growing concerns over global financial stability. “Owning crypto assets or gold are assets of fear,” BlackRock CEO Larry Fink said at the Future Investment Initiative (FII) conference in Saudi Arabia, according to a livestream by DWS News. “You own these assets because you’re frightened of the debasement of your assets,” Fink said, adding that investors are worried about the financial and physical security of their assets. Read more

Ethereum trades near $4,100 as analysts compare current price action to past breakouts, with key resistance at $4,250 in focus.

Circle Internet Group (NYSE: CRCL) has launched the public testnet for Arc, its open Layer-1 blockchain designed to bring more economic activity onchain. The post Circle Launches Arc Testnet With BlackRock, Visa, and AWS — A New Era for Onchain Finance? appeared first on Cryptonews.

The prediction protocol is launching new markets built for speed and simplicity, alongside localized experiences including Mandarin.

Circle’s new Arc blockchain testnet launches with participation from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard. Circle, the world’s second-largest stablecoin issuer, launched the public testnet for Arc, its open layer-1 blockchain network built to bring global financial infrastructure onchain. The rollout, which Circle calls the “Economic Operating System for the internet,” includes participation from over 100 major companies spanning banking, capital markets and fintech — among them BlackRock, Goldman Sachs, Visa, Mastercard and State Street, according to a Tuesday announcement. “With Arc’s public testnet, we’re seeing remarkable early momentum as leading companies, protocols, and projects begin to build and test,” Circle CEO Jeremy Allaire said. “Combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments,” he added. Read more

The central bank warned that private stablecoin issuers lack the institutional trust needed for stable currency, citing depegging risks.

F2Pool co-founder Chun Wang criticized Bitcoin’s BIP-444 soft fork — seeking to curb arbitrary onchain data — as a “bad idea” that he will not support. Chun Wang, co-founder of major Bitcoin mining pool F2Pool, pushed back against a proposed temporary soft fork aimed at limiting data spam on the Bitcoin network. Wang wrote in a Monday X post that “BIP-444 is a bad idea.” He added that he, and presumably F2Pool, are “not going to soft fork anything,” whether it is “temporary or not.” He said, “Feel sad that some devs [are] moving further and further in the wrong direction.” Read more

Bitget Wallet, a leading self-custodial crypto wallet, has announced a full integration with HyperEVM— the Ethereum-compatible smart contract layer that powers the Hyperliquid Layer-1 blockchain.  The post Bitget Wallet Integrates HyperEVM – Could This Be the Next Big Bridge in DeFi? appeared first on Cryptonews.

SOL analysts highlighted the potential of its price to surge to $400 and beyond, fueled by the launch of the first Solana ETF in the United States. Key takeaways: Solana continued its mainstream adoption with the launch of the Bitwise Solana Staking ETF. SOL price bull flag pattern targets more than 100% rally to $412.  Read more

PI's price rebound was short-lived and the asset is back into red territory.

FIGR_HELOC has skyrocketed by over 35% daily.

Bitcoin (BTC) briefly breached $116,000 for the first time in two weeks as traders positioned for a dovish Federal Reserve decision and fresh capital flowed back into digital asset products following October’s risk-off stretch. As of press time, Bitcoin traded at $114,683.03, up 0.15% over 24 hours. The move reflects a convergence of macro tailwinds […] The post Why is Bitcoin price pumping? Catch up on what’s moving crypto appeared first on CryptoSlate.

Bitcoin remains in a neutral-to-bullish consolidation phase, fluctuating between its 100- and 200-day moving averages. The $116K barrier is now the key resistance for continuation, while the $109K region defines the bullish invalidation threshold. Until one of these levels is decisively breached, the market is likely to oscillate within the current range, accumulating liquidity ahead […]

Fintech startup ZAR aims to use Pakistan’s corner stores and kiosks to make stablecoins accessible to millions of unbanked citizens. Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets. The round drew participation from Dragonfly Capital, VanEck Ventures, Coinbase Ventures and Endeavor Catalyst, according to a Tuesday report by Bloomberg. The startup is targeting Pakistan’s 240 million people, where the World Bank estimates over 100 million adults remain unbanked. Unlike many crypto companies focused on apps or global exchanges, ZAR plans to distribute stablecoins through local stores, phone kiosks and money agents, the same network used for mobile top-ups and remittances. Read more

Skipping cryp to taxes can trigger hefty fines and legal issues. Find out what really happens if you fail to report or pay taxes on your holdings. Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins. Authorities use blockchain analytics firms like Chainalysis to link wallet addresses with real identities, tracking even complex DeFi and cross-chain transactions. Read more

A pickup in Bitcoin price momentum and trading activity could push BTC above the next significant hurdle at $115,000 and secure a sustained recovery. Key takeaways: Bitcoin must hold support at $114,000 to confirm the recovery. Spot volume and trading activity must recover to ensure a sustained breakout in BTC price.  Read more