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Found 7276 news

  • China officially hates stablecoins, DBS trades Bitcoin options: Asia Express
    Cointelegraph.com - 21:31 Oct 30, 2025
    China’s central bank boss really, really doesn’t like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express. China has finally put rumors to rest following a speech by Peoples Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing. After Hong Kongs stablecoin licensing regime took effect in August, several companies including some from mainland China reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban. However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies remain in effect. Read more
  • China officially hates stablecoins, DBS trades Bitcoin options: Asia Express
    Cointelegraph.com - 21:31 Oct 30, 2025
    China’s central bank boss really, really doesn’t like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express. China has finally put rumors to rest following a speech by Peoples Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing. After Hong Kongs stablecoin licensing regime took effect in August, several companies including some from mainland China reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban. However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies remain in effect. Read more
  • China officially hates stablecoins, DBS trades Bitcoin options: Asia Express
    Cointelegraph.com - 21:31 Oct 30, 2025
    China’s central bank boss really, really doesn’t like stablecoins and crypto, Japanese yen comes to DeFi: Asia Express. China has finally put rumors to rest following a speech by Peoples Bank of China Governor Pan Gongsheng at an annual financial conference in Beijing. After Hong Kongs stablecoin licensing regime took effect in August, several companies including some from mainland China reportedly lined up to apply for licenses in the city. The move had fueled speculation that Beijing might be preparing to ease its long-standing crypto ban. However, Pan made clear that no such shift is underway. Referring to the series of prohibitions rolled out since 2017, he said the existing policies remain in effect. Read more
  • Onchain revenue nears $20B in 2025, marking a maturity test for crypto: Research
    Cointelegraph.com - 21:31 Oct 30, 2025
    Blockchain fees are set to reach $19.8 billion this year, demonstrating the technology’s growth beyond speculation into real, user-driven economic activity. The blockchain industry is showing signs of newfound maturity — at least by one often-overlooked metric — pointing to broader adoption across decentralized finance, consumer apps and emerging sectors. According to a new Onchain Revenue Report from venture capital company 1kx, onchain revenue, as measured by user-paid fees, is on track to reach $19.8 billion in 2025. That follows a record-breaking $9.7 billion in the first half of the year alone. These fees represent the total amount users spend to transact directly on blockchain and related infrastructure, covering trades, swaps, registrations, gaming revenues and subscriptions, among others. Read more
  • DYdX planning US market entry by 2026: Report
    Cointelegraph.com - 21:23 Oct 30, 2025
    DYdX President Eddie Zhang reportedly said the decentralized exchange would offer spot trading for cryptocurrencies as part of its move into the US later this year. Decentralized exchange dYdX is reportedly preparing to enter US markets by the end of 2025, its president Eddie Zhang said. According to a Reuters report published Thursday, the company plans to enter the United States in the coming months, expanding its offerings to include spot trading on cryptocurrencies, such as Solana (SOL). “It’s very important for us as a platform to have something available in the United States, because I think it represents, hopefully, the direction we’re trying to move in,” said Zhang, according to Reuters. Read more
  • Core Scientific falls short of shareholder votes for CoreWeave buyout
    Cointelegraph.com - 20:23 Oct 30, 2025
    CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto. Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday. The final results of the preliminary vote will be disclosed in a Securities and Exchange Commission (SEC) filing on Friday, according to Core Scientific’s announcement. CoreWeave finalized the $9 billion acquisition in July, subject to shareholder approval, in which Core Scientific shareholders would receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share they own. Read more
  • Amid US gov’t shutdown, lawmakers work to pass market structure: Report
    Cointelegraph.com - 19:00 Oct 30, 2025
    With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill. Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight. According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline. Despite thousands of government employees being furloughed across several agencies amid the shutdown, members of Congress continue to receive their paychecks and are permitted to conduct business in the House of Representatives and the Senate. Read more
  • Bitcoin scrapes new lows as tech stocks drop: Data forecasts BTC dip below $100K
    Cointelegraph.com - 18:17 Oct 30, 2025
    Bitcoin drops to fresh lows despite every bullish outcome that traders forecast being confirmed. Are investors’ worries about an artificial intelligence sector bubble adding weakness to BTC? Key points:  Bitcoin charts suggest downside to $103,800 and a final flush below $100,000 as the most likely outcome in the short term.  Investors are concerned that the CAPEX expansion by Big Tech companies for their AI infrastructure reflects a speculative-driven market.     Read more
    Tags: Bitcoin
  • Nigerian fintech plans African stablecoin payment system with Polygon: Report
    Cointelegraph.com - 17:32 Oct 30, 2025
    Flutterwave partners with Polygon Labs to launch a stablecoin-powered cross-border payments network spanning 34 countries across Africa. Flutterwave, Nigeria’s largest fintech company, is developing a cross-border payment platform powered by stablecoins, highlighting the growing role of blockchain technology in streamlining payments across Africa. The company is partnering with Polygon Labs to launch the service across its 34-country network, Bloomberg reported Thursday. Polygon’s blockchain infrastructure, built to provide scalable, faster and cheaper transactions on Ethereum, will be used to enhance settlement speed and efficiency. Flutterwave CEO Olugbenga Agboola said the move could transform the flow of funds across the continent, enabling businesses and consumers to bypass the high costs and delays that often plague traditional payment systems. Read more
    Tags: Polygon
  • US senator questions USD1 launch on Binance.US following CZ pardon
    Cointelegraph.com - 17:20 Oct 30, 2025
    Senator Chris Murphy alleged corruption over the exchange "promoting Trump crypto" shortly after the US president issued a pardon for Binance founder Changpeng Zhao. Update (Oct. 30 at 7:30 pm UTC): This article has been updated to include an X post from Binance.US. Connecticut Senator Chris Murphy is calling out Binance.US, alleging the cryptocurrency exchange played a role in US President Donald Trump’s pardon of former Binance CEO Changpeng “CZ” Zhao. In a Tuesday X post, Murphy responded to a social media post by Binance.US announcing the launch of trading for USD1, the stablecoin tied to the Trump family crypto company World Liberty Financial. According to the senator, the exchange was “promoting Trump crypto” just a week after the president “pardoned Binance’s owner,” referring to Zhao.  Read more
  • BTC mining industry finances AI gold rush with $11B convertible bond boom
    Cointelegraph.com - 16:57 Oct 30, 2025
    The Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a 0% coupon. Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over the last year, amid a pivot into artificial intelligence data centers. Miners completed 18 convertible bond deals following the April 2024 Bitcoin halving that slashed the block reward by 50%, according to TheMinerMag. The average convertible bond issue more than doubled, with mining companies MARA, Cipher Mining, IREN and TeraWulf each raising $1 billion through single bond issues. Some offerings have featured coupons as low as 0%, signaling investors’ willingness to waive interest payments in exchange for potential equity upside. Read more
  • ‘Cut-throat’ battle for crypto ETNs erupts in UK after retail ban lifted
    Cointelegraph.com - 15:45 Oct 30, 2025
    With retail access restored, crypto exchange-traded notes issuers slash fees to historic lows, signaling an intensifying battle for UK market dominance. The United Kingdom has opened the floodgates for crypto exchange-traded notes (ETNs) to retail investors — a market that was previously limited to professional traders — sparking a price war among issuers vying for market share, according to the Financial Times. In a report published on Thursday, the FT said several Bitcoin ETN issuers have slashed their fees to as low as 0.05%, describing the resulting competition as a “cut-throat battle” for investors. Meanwhile, other crypto-linked ETNs continue to charge annual fees of up to 2.5%. The fee war follows the Financial Conduct Authority’s (FCA) decision to lift its 2021 ban on retail access to crypto-linked funds, a change that took effect on Oct. 8. Read more
    Tags: ETNs
  • Bitcoin bears give three reasons the bull market is over
    Cointelegraph.com - 15:38 Oct 30, 2025
    Bitcoin MACD’s bearish crossover and the duration after BTC’s last halving could be signs that the 2025 bull run is over, or is this time different? Key takeaways: Bitcoin’s bearish MACD cross and engulfing candle on the three-week chart signal a cycle top.  Market analysts suggest that 558 days post-2024 halving indicate the Bitcoin bull cycle’s top is imminent. Read more
    Tags: Bitcoin
  • Bitcoin risks '20%-30%' drop as crypto markets liquidate $1.1B in 24 hours
    Cointelegraph.com - 14:46 Oct 30, 2025
    Bitcoin fell to the bottom of its local range as traders lost over $1 billion as a result of the surprise BTC price downside after the Fed interest-rate cut. Key points: Bitcoin revisits the bottom of its local range in a fresh dive after the Federal Reserve interest-rate cut. Traders betting on upside get punished, with long liquidations nearing $1 billion. Read more
    Tags: Bitcoin
  • Who is Michael Selig? Trump nominates pro-crypto lawyer to head CFTC
    Cointelegraph.com - 14:33 Oct 30, 2025
    The Trump administration has appointed Michael Selig, a pro-crypto lawyer and SEC counsel, to head up the CFTC. The US Commodity Futures Trading Commission (CFTC) may finally get a chairperson as President Donald Trump’s nominee, Michael Selig, begins the vetting process. The CFTC is currently under the leadership of Acting Chair Caroline Pham, who assumed the role in April 2025. She was nominated to the position by President Joe Biden in 2022 and unanimously confirmed by the Senate. The Trump administration initially picked former CFTC Commissioner Brian Quintenz, who also sat on the board of gambling platform Kalshi. However, his nomination was withdrawn in September, reportedly at the request of the Winklevoss brothers, who were concerned that he was not sufficiently pro-crypto. Read more
  • Can ChatGPT really predict the next crypto market crash?
    Cointelegraph.com - 14:30 Oct 30, 2025
    ChatGPT cannot time crashes but can flag early warning signs by merging onchain, derivatives and sentiment data, helping traders detect risk clusters before markets break. ChatGPT functions best as a risk detection tool, identifying patterns and anomalies that often emerge before sharp market drawdowns. In October 2025, a liquidation cascade followed tariff-related headlines, wiping out billions of dollars in leveraged positions. AI can flag the buildup of risk but cannot time the exact market break. An effective workflow integrates onchain metrics, derivatives data and community sentiment into a unified risk dashboard that updates continuously. Read more
  • Standard Chartered sees $2T in tokenized RWAs by 2028, matching stablecoins
    Cointelegraph.com - 13:38 Oct 30, 2025
    The $300 billion stablecoin market capitalization pushed DeFi into a “self-sustaining cycle” of growth, according to the investment bank’s head of research. Tokenized real-world assets (RWAs) may reach a cumulative value of $2 trillion in the next three years as more global capital and payments migrate onto more efficient blockchain rails, according to investment bank Standard Chartered. The bank said in a Thursday report shared with Cointelegraph that the “trustless” structure of decentralized finance (DeFi) is poised to challenge the dominance of traditional financial (TradFi) systems controlled by centralized entities. DeFi’s growing use in payments and investments may bolster non-stablecoin tokenized RWAs to a $2 trillion market capitalization by 2028, the investment bank predicts. Read more
  • AI will forever change smart contract audits
    Cointelegraph.com - 13:30 Oct 30, 2025
    Point-in-time audits fail in composable, adversarial markets. AI-powered continuous assurance using solvers and simulation replaces episodic security checks. Opinion by: Jesus Rodriguez, co-founder of Sentora AI for coding has achieved product-market fit. Web3 is no exception. Among the domains AI will permanently change, smart contract audits are especially ripe for disruption. Today’s audits are episodic, point-in-time snapshots that struggle in a composable, adversarial market and often miss economic failure modes. Read more
  • Nakamoto Holdings’ shares sink as $563M PIPE deals trigger massive sell-off
    Cointelegraph.com - 13:22 Oct 30, 2025
    CEO David Bailey told Forbes he plans to fold Bitcoin Magazine, the Bitcoin conference and hedge fund 210k Capital into Nakamoto Holdings to boost cash flow. Nakamoto Holdings, the Bitcoin treasury firm led by Bitcoin Magazine CEO David Bailey, has seen its stock collapse by over 98% since its May high after a wave of investor selling linked to its $563 million private investment in public equity (PIPE) deals. The company, which merged with Utah-based healthcare operator KindlyMD earlier this year, became one of the few publicly traded firms structured as a Bitcoin (BTC) holding company. However, its financing model, which involved selling heavily discounted shares to private investors to fund Bitcoin purchases, backfired when a large batch of PIPE shares became eligible for sale in September. The resulting flood of sell orders cratered the stock price, erasing billions in market value, Bailey said in a recent interview with Forbes. Read more
  • Grokipedia: ‘Far right talking points’ or much-needed antidote to Wikipedia?
    Cointelegraph.com - 13:20 Oct 30, 2025
    Grokipedia is far from perfect, but proponents argue it covers crypto and controversial topics in a more even-handed manner than Wikipedia. For 24 years, Wikipedia has relied on fallible humans to write about everything there is to know about anything. Grokipedia, created by Elon Musks xAI, is finally set to challenge that.  Supporters of Grokipedia say its the best thing thats come out on the internet since well, Wikipedia. However, Musks critics argue his new encyclopedia is nowhere near as neutral as it claims and is pushing right-wing talking points.  But maybe theyre both right.  Read more

7276 items