Crypto News and Headlines

How an Anonymous Trader Made $192M Shorting One of the Biggest Crypto Crashes
NewsOct 24, 2025

How an Anonymous Trader Made $192M Shorting One of the Biggest Crypto Crashes

An anonymous trader correctly anticipated one of the largest recent crypto sell-offs and engineered a massive short position that yielded about $192 million in profit in a matter of hours. The windfall, reportedly executed via leveraged derivatives during the crash,...

By Cointelegraph
Crypto Spot Trading on CEXs Recovers by 31% in Q3 After Sharp Drop
NewsOct 24, 2025

Crypto Spot Trading on CEXs Recovers by 31% in Q3 After Sharp Drop

Crypto spot trading on the top 10 centralized exchanges rebounded sharply in Q3 2025, with volumes rising 30.6% to $4.7 trillion after steep declines earlier in the year, driven by renewed investor interest as Bitcoin rallied above $123,000. Derivatives trading...

By Cointelegraph
Binance Founder CZ’s Presidential Pardon Is Not an Acquittal
NewsOct 24, 2025

Binance Founder CZ’s Presidential Pardon Is Not an Acquittal

A presidential pardon shields Binance founder Changpeng Zhao from criminal punishment but does not overturn his conviction, meaning the guilty verdict stands and appellate remedies are foreclosed. The pardon thus preserves prosecutors’ findings and leaves CZ and Binance exposed to...

By Cointelegraph
Dormant Bitcoin Whale With $442M Awakens for First Time in 14 Years Amid Quantum Fears
NewsOct 24, 2025

Dormant Bitcoin Whale With $442M Awakens for First Time in 14 Years Amid Quantum Fears

A 14‑year‑dormant bitcoin miner wallet holding about 4,000 BTC (roughly $442 million) moved 150 BTC (≈ $16.6 million) on Oct. 24, marking its first activity since 2011. The transfer dovetails with a wider wave of early “OG” holders consolidating or...

By CoinDesk
Is Solana Ready for Institutions? $700M Real World Assets and No Downtime
NewsOct 24, 2025

Is Solana Ready for Institutions? $700M Real World Assets and No Downtime

Solana is pitching itself as institution-ready after attracting roughly $700 million in real-world assets, onboarding blue-chip issuers natively on its rails, and showing no downtime during the Oct. 20 AWS outage. Validator infrastructure is shifting toward bare-metal setups and more...

By CryptoSlate
Worst Uptober Ever? Bitcoin Price Risks First ‘Red’ October in Years
NewsOct 24, 2025

Worst Uptober Ever? Bitcoin Price Risks First ‘Red’ October in Years

Bitcoin is at risk of logging its first negative October in more than a decade, trading narrowly between roughly $107,000 and $111,500 and needing only a 4% monthly decline to become its worst October since 2013. Historically October has averaged...

By Cointelegraph
US Energy Secretary Floats Faster Direct Grid Access for AI and Crypto Miners
NewsOct 24, 2025

US Energy Secretary Floats Faster Direct Grid Access for AI and Crypto Miners

U.S. Energy Secretary Chris Wright urged FERC to adopt rules that let large electricity users—notably AI data centers and Bitcoin miners—secure expedited, direct connections to the high‑voltage transmission grid. Wright proposed standardized procedures with reviews completed within 60 days for...

By Cointelegraph
Swiss Bank Sygnum to Launch Bitcoin-Backed Loan Platform With Multi-Sig Wallet Control
NewsOct 24, 2025

Swiss Bank Sygnum to Launch Bitcoin-Backed Loan Platform With Multi-Sig Wallet Control

Swiss digital-asset bank Sygnum and non‑custodial lending startup Debifi will launch MultiSYG in H1 2026, a bitcoin‑backed loan platform that lets institutional and high‑net‑worth borrowers retain partial control of BTC via a five‑party multi‑signature wallet requiring three signatures to move...

By CoinDesk
Another ‘Satoshi Era’ Wallet From 2009 Has Woken up to Move Bitcoin
NewsOct 24, 2025

Another ‘Satoshi Era’ Wallet From 2009 Has Woken up to Move Bitcoin

A Bitcoin address created in the network’s infancy — mined between April and June 2009 and last active in June 2011 — has been reactivated and moved funds, marking another rare ‘Satoshi-era’ wallet stir. Such early wallets are closely watched...

By Cointelegraph
Australians Emerge as World’s Most Crypto-Curious Investors, Data Reveals
NewsOct 24, 2025

Australians Emerge as World’s Most Crypto-Curious Investors, Data Reveals

A new study finds Australians are the world’s most crypto-curious investors, with the country’s crypto user base projected to reach 11.16 million by next year — roughly 41% of the population. The data points to rapid adoption driven by retail...

By Cointelegraph
Bitcoin Not Immune to 50% Crashes Despite Wall Street Love: BitMine’s Lee
NewsOct 24, 2025

Bitcoin Not Immune to 50% Crashes Despite Wall Street Love: BitMine’s Lee

Tom Lee of BitMine warned that Bitcoin remains vulnerable to steep corrections of up to 50%, citing historical large drawdowns in the stock market despite recent gains and growing Wall Street adoption. He suggested that institutional interest and price progress...

By Cointelegraph
Solo Bitcoin Miner Scores $347K, ‘Pure Self-Soverignty in Action’
NewsOct 24, 2025

Solo Bitcoin Miner Scores $347K, ‘Pure Self-Soverignty in Action’

A solo Bitcoin miner unexpectedly mined a full block and collected roughly $347,000 in rewards, a rare win that highlights the probabilistic variance of Proof-of-Work rewards. The solo success underscores Bitcoin’s decentralized architecture by showing an individual operator can still...

By Cointelegraph
How Much Could Bitcoin, Ether, XRP and Solana Move After the U.S. Inflation Report?
NewsOct 24, 2025

How Much Could Bitcoin, Ether, XRP and Solana Move After the U.S. Inflation Report?

September U.S. CPI is forecast at 3.1% year‑over‑year, the highest in 18 months, a print that analysts say is unlikely to derail a Fed quarter‑point rate cut next week but could strengthen the dollar if hotter than expected. Options markets...

By CoinDesk
DOGE Breaks $0.195 Level on Heavy Trade, Wyckoff Setup Points to Next Leg Higher
NewsOct 24, 2025

DOGE Breaks $0.195 Level on Heavy Trade, Wyckoff Setup Points to Next Leg Higher

Dogecoin surged 2.4% to $0.1957 on Friday, breaking the $0.1953 resistance on trading volume of 483 million—about 68% above the 24‑hour average—signaling heavy institutional buying. Analysts say the price structure and volume profile resemble a Wyckoff accumulation phase, with a...

By CoinDesk
Hopes Rise for Altseason, but Signals Aren’t There Yet
NewsOct 24, 2025

Hopes Rise for Altseason, but Signals Aren’t There Yet

Crypto traders are increasingly hopeful that an 'altseason'—a rally in altcoins—may be on the horizon as liquidity moves back into risk assets, but prevailing altseason indicators remain at bear-market lows. Analysts note that while market rotation toward smaller-cap tokens is...

By Cointelegraph
XRP Flashes Bullish Signal as Exchange Balances Drop 3%
NewsOct 24, 2025

XRP Flashes Bullish Signal as Exchange Balances Drop 3%

XRP is showing a bullish technical signal after on‑chain data revealed a roughly 3% decline in XRP held on exchanges, a shift analysts say reduces near‑term selling pressure. The move coincides with XRP trading around $2.45, and observers point to...

By CoinDesk
Bulls Dominate as Bitcoin Options Open Interest Soars to $63B
NewsOct 24, 2025

Bulls Dominate as Bitcoin Options Open Interest Soars to $63B

Bitcoin options open interest hit a record $63 billion, driven largely by bullish call positions with dominant strike concentrations between $120,000 and $140,000. The surge in OI reflects heightened speculative interest and leverage in the options market as traders position...

By Cointelegraph
Trader Who Made $190M Shorting Crash Also Apparently Bet on CZ’s Pardon
NewsOct 24, 2025

Trader Who Made $190M Shorting Crash Also Apparently Bet on CZ’s Pardon

A crypto trader who reportedly profited about $190 million from shorting a market crash has also placed a wager tied to former Binance CEO Changpeng Zhao receiving a presidential pardon. Onchain analysts flagged the trades as possible insider knowledge while...

By Cointelegraph
Crypto Traders Brace for Friday’s Delayed US Inflation Report
NewsOct 24, 2025

Crypto Traders Brace for Friday’s Delayed US Inflation Report

U.S. September inflation data, delayed by the government shutdown, is due Friday and is forecast to show a 3.1% year-over-year rise. Crypto traders and broader markets are bracing for potential volatility around the print, though economists say the higher reading...

By Cointelegraph
Asia Morning Briefing: After CZ’s Pardon, Odds Rise for Sam Bankman-Fried’s Second Chance
NewsOct 24, 2025

Asia Morning Briefing: After CZ’s Pardon, Odds Rise for Sam Bankman-Fried’s Second Chance

Odds of a presidential pardon for former FTX CEO Sam Bankman‑Fried have ticked up after Donald Trump pardoned Binance founder Changpeng “CZ,” with prediction markets boosting SBF’s chances to about 12% on Polymarket and 16% on Kalshi. The move has...

By CoinDesk
DeFi Perps Volume Explodes Past $1T in a Record Month so Far
NewsOct 24, 2025

DeFi Perps Volume Explodes Past $1T in a Record Month so Far

Decentralized perpetuals trading surged past $1 trillion in October, driven largely by Hyperliquid, Aster and Lighter, surpassing August’s record with a week still to go. The milestone underscores rapid growth in DeFi derivatives liquidity and trading activity, highlighting competitive pressure...

By Cointelegraph
Adrian Wall of Digital Sovereignty Alliance Advocates Digital Sovereignty and Financial Inclusion at UN General Assembly
NewsOct 23, 2025

Adrian Wall of Digital Sovereignty Alliance Advocates Digital Sovereignty and Financial Inclusion at UN General Assembly

Adrian Wall, executive of the nonprofit Digital Sovereignty Alliance, spoke at the UN General Assembly roundtable “A New Blueprint for Sovereign Sustainable Development” in New York on Oct. 23, 2025, advocating digital sovereignty and financial inclusion. Wall emphasized ethical public-policy...

By CryptoSlate
Kraken Revenue Jumps 114% in Q3 Amid Expansion and IPO Plans
NewsOct 23, 2025

Kraken Revenue Jumps 114% in Q3 Amid Expansion and IPO Plans

Kraken reported a 114% year-over-year revenue surge to $648 million in Q3, driven by stronger trading activity, user growth and new acquisitions as the crypto exchange accelerates expansion. Management flagged that the performance underpins its push toward an eventual IPO,...

By Cointelegraph
Can Decentralized Networks Make the Internet More Resilient?
NewsOct 23, 2025

Can Decentralized Networks Make the Internet More Resilient?

A multi‑hour AWS outage that disrupted major apps including Robinhood has reignited debate over the internet’s concentration in a few cloud providers—AWS, Azure and Google Cloud together control over 60% of the market (AWS 30%, Azure 21%, Google 12%). Experts...

By The Defiant
Despite Gov’t Shutdown, Crypto Market Structure Bill ‘90% There’ — Coinbase CEO
NewsOct 23, 2025

Despite Gov’t Shutdown, Crypto Market Structure Bill ‘90% There’ — Coinbase CEO

Coinbase CEO Brian Armstrong said a long-stalled crypto market-structure bill is “90% there” despite the U.S. government shutdown, with the remaining disagreements largely focused on decentralized finance (DeFi). Lawmakers are reportedly working cautiously on those DeFi-specific provisions to avoid stifling...

By Cointelegraph
Aster Rallies on ‘Rocket Launch’ Incentives Campaign
NewsOct 23, 2025

Aster Rallies on ‘Rocket Launch’ Incentives Campaign

Aster, a decentralized exchange on BNB Smart Chain, rallied after unveiling a new incentives program called “Rocket Launch,” which will allocate reward pools in ASTER and partner tokens to traders based on volume and requires holding a minimum (undisclosed) amount...

By The Defiant
Bitcoin Climbs to $111K as Whipsaw Action in Crypto Continues
NewsOct 23, 2025

Bitcoin Climbs to $111K as Whipsaw Action in Crypto Continues

Bitcoin rose to about $110,700 Thursday, trading near a $111,100 intraday high and up roughly 2.7% over 24 hours as crypto markets and related stocks rallied after a volatile week of whipsaw moves. The advance was buoyed by a presidential...

By CoinDesk
Fidelity Opens the Door to Solana, Making SOL Available to Clients
NewsOct 23, 2025

Fidelity Opens the Door to Solana, Making SOL Available to Clients

Fidelity has added Solana’s native token SOL to its trading suites — including Fidelity Crypto, Fidelity Crypto for IRAs, Wealth Managers and Fidelity Digital Assets for institutions — making the coin available to both retail and institutional clients. SOL, with...

By Cointelegraph
Spark Marks First Major Rotation From US Treasurys Into Regulated DeFi
NewsOct 23, 2025

Spark Marks First Major Rotation From US Treasurys Into Regulated DeFi

DeFi lending protocol Spark shifted $100 million of its stablecoin treasury from U.S. Treasurys into Superstate’s regulated Crypto Carry Fund (USCC), marking a notable rotation from traditional government debt into crypto‑native, market‑neutral yield strategies. USCC, which manages about $528 million,...

By Cointelegraph
The Crypto Industry Must Evolve to Match Real-World Security Risks
NewsOct 23, 2025

The Crypto Industry Must Evolve to Match Real-World Security Risks

Adrian Ludwig argues that as crypto has grown into a trillion‑dollar ecosystem, its industry must stop treating security failures as solely the user’s problem and design systems that anticipate real‑world risks like phishing, deepfakes and physical coercion. He cites rising...

By CoinDesk
Ethereum Triple Bottom Setup Hints at a $4K Breakout Next
NewsOct 23, 2025

Ethereum Triple Bottom Setup Hints at a $4K Breakout Next

Ethereum’s price action has formed a triple bottom around $3,750–$3,800, suggesting a potential bullish breakout to the $3,950–$4,280 range (roughly a 10% upside) if ETH clears neckline resistance near $4,000. Trading volumes have tapered during the pattern’s formation, and a...

By Cointelegraph
TRON DAO Expands Global University Network with New Collaborations at Columbia and Harvard Blockchain Clubs
NewsOct 23, 2025

TRON DAO Expands Global University Network with New Collaborations at Columbia and Harvard Blockchain Clubs

TRON DAO announced new collaborations with blockchain clubs at Columbia and Harvard, expanding its global university network of academic partnerships aimed at promoting blockchain education and dApp development. The move extends existing ties with other world-class institutions and is designed...

By CryptoSlate
Trump Pardons Binance Founder Changpeng Zhao
NewsOct 23, 2025

Trump Pardons Binance Founder Changpeng Zhao

President Donald Trump issued a pardon for Binance founder Changpeng “CZ” Zhao, who pleaded guilty to enabling money laundering, served four months in prison and agreed to step down from Binance after paying a $50 million fine. Binance previously reached...

By TechCrunch Crypto
BNB Rallies After Trump Pardons Binance Founder CZ
NewsOct 23, 2025

BNB Rallies After Trump Pardons Binance Founder CZ

President Trump pardoned Binance founder Changpeng “CZ” Zhao, prompting a 7% intraday rally in BNB to $1,145 and lifting the token’s market cap to over $158 billion. The pardon, coming after Zhao’s November 2023 guilty plea and a $4.3 billion...

By The Defiant
Ledger and Trezor 2025 Hardware Wallets Released: What’s New for Users?
NewsOct 23, 2025

Ledger and Trezor 2025 Hardware Wallets Released: What’s New for Users?

Ledger and Trezor each unveiled flagship 2025 hardware-signers aimed at upgrading usability and future-proofing self-custody: Ledger launched the Nano Gen5 (priced $179/179€) with a larger screen, Bluetooth, and its Ledger Recovery Key while rebranding devices as “Ledger signers.” Trezor introduced...

By Cointelegraph
Blockchain.com Secures MiCA License, Hires Malta Insider to Head EU Expansion
NewsOct 23, 2025

Blockchain.com Secures MiCA License, Hires Malta Insider to Head EU Expansion

Blockchain.com has secured a Markets in Crypto‑Assets Regulation (MiCA) license from Malta’s Financial Services Authority, allowing it to offer custody and wallet services across 30 EEA countries and to expand into institutional products such as treasury management. The company has...

By Cointelegraph
Bitcoin Whales Add 40X Leverage BTC Shorts Ahead of Trump Announcement
NewsOct 23, 2025

Bitcoin Whales Add 40X Leverage BTC Shorts Ahead of Trump Announcement

Large Bitcoin holders opened fresh 40x-leveraged short positions ahead of a scheduled announcement from former US President Donald Trump, signaling a bet on near-term downside volatility. The move concentrated risk in derivatives markets, heightening potential for sharp price swings and...

By Cointelegraph
$538M Stolen by Drainers: ETH & SOL Wallets Unite with Real-Time Phishing Blocks
NewsOct 23, 2025

$538M Stolen by Drainers: ETH & SOL Wallets Unite with Real-Time Phishing Blocks

Nonprofit SEAL on Oct. 22 launched a real-time phishing defense network with MetaMask, WalletConnect, Backpack and Phantom that uses Verifiable Phishing Reports to let users submit cryptographically attested evidence of malicious sites, bypassing manual review delays. The coalition, which has...

By CryptoSlate
Keyrock: Crypto’s Buyback Boom Tests the Industry’s Financial Maturity
NewsOct 23, 2025

Keyrock: Crypto’s Buyback Boom Tests the Industry’s Financial Maturity

Token buybacks in crypto have surged into a mainstream tool for returning value, with protocol payouts rising more than 400% since 2024 and hitting nearly $800 million in Q3 2025, according to Keyrock research. The report finds 12 revenue-distributing protocols...

By CoinDesk
Crypto Token Buybacks Surge Fivefold as Projects Return More Revenue to Holders
NewsOct 23, 2025

Crypto Token Buybacks Surge Fivefold as Projects Return More Revenue to Holders

Crypto projects have ramped up token buybacks and direct distributions more than fivefold since 2024, with Keyrock finding that the 12 studied projects returned an average 64% of revenue to tokenholders. The shift toward revenue-sharing—often executed via programmatic, discretionary or...

By The Defiant
These Key Support Levels Can Help Bitcoin Avoid a ‘Bear Flag’ Crash to $88K
NewsOct 23, 2025

These Key Support Levels Can Help Bitcoin Avoid a ‘Bear Flag’ Crash to $88K

Bitcoin is trading about 13% below its $126,000 all-time high as analysts warn that failure to hold key support levels could trigger a rapid ‘bear flag’ decline to roughly $88,000 within days. Traders point to specific short-term support bands as...

By Cointelegraph
BNB Wins ‘Uptober’ Amid Binance Market Crash Scrutiny
NewsOct 23, 2025

BNB Wins ‘Uptober’ Amid Binance Market Crash Scrutiny

BNB staged a notable rally in October, turning a sluggish month for Bitcoin into a breakout as demand for memecoins and higher on-chain fees boosted activity. The token’s upside was further aided by the ascent of Aster, with trading volumes...

By Cointelegraph
Identity Systems Must Work for the Disconnected
NewsOct 23, 2025

Identity Systems Must Work for the Disconnected

A new analysis warns that current digital identity systems systematically exclude roughly 2.7 billion people who lack smartphones, creating a large disconnected population unable to access financial, governmental, and commercial digital services. The piece argues for practical solutions—offline attestations, peer-signed...

By Cointelegraph
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4
NewsOct 23, 2025

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

Benchmark raised its price target on Canaan to $4 from $2 and reiterated a buy, citing Nasdaq compliance restored and accelerating demand for its Avalon mining rigs. The broker highlighted Canaan’s largest U.S. order in three years for over 50,000...

By CoinDesk
Berachain Joins Race for Real-Time Blockchains with Sub-Second Transactions
NewsOct 23, 2025

Berachain Joins Race for Real-Time Blockchains with Sub-Second Transactions

Berachain has proposed a pre‑confirmation layer (BRIP‑0007) that would cut transaction inclusion times from about two seconds to roughly 200 milliseconds by using a lightweight sequencer that publishes partial blocks for near‑real‑time feedback while leaving full finality on the existing...

By Cointelegraph
From Taylor Swift to Rate Cuts, RedStone Brings Real-World Bets Onchain with Kalshi
NewsOct 23, 2025

From Taylor Swift to Rate Cuts, RedStone Brings Real-World Bets Onchain with Kalshi

Data oracle provider RedStone has partnered with regulated event-exchange Kalshi to bring legally verified, real-world event outcomes onchain, enabling DeFi markets to settle on outcomes ranging from Taylor Swift ticket events to Federal Reserve rate moves. The integration will push...

By Cointelegraph
Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps
NewsOct 23, 2025

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

Institutional crypto market maker B2C2 has launched PENNY, a platform that enables instant, zero-fee swaps between major stablecoins such as USDT and USDC across multiple blockchains. The service is pitched to remove on-chain frictions and routing costs for traders by...

By CoinDesk
Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan
NewsOct 23, 2025

Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan

Crypto markets steadied Thursday as Bitcoin and Ether recorded modest gains following weeks of volatility, signaling renewed buyer support. Most notable was HyperLiquid’s HYPE token, which surged after the firm announced a $1 billion purchase plan to buy back tokens...

By CoinDesk
Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World
NewsOct 23, 2025

Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World

Ledger unveiled the Nano Gen5 hardware wallet priced at $179, positioning the device as a hardware identity solution tailored for an AI-driven digital economy. The company also launched a reimagined Ledger Wallet app (successor to Ledger Live) and Ledger Enterprise...

By CoinDesk