Crypto News and Headlines

Cleaning Up Crypto ATMs Isn’t Anti-Crypto
NewsNov 4, 2025

Cleaning Up Crypto ATMs Isn’t Anti-Crypto

Iowa Attorney General Brenna Bird sued crypto‑ATM operators CoinFlip and Bitcoin Depot, underscoring growing consumer‑protection concerns about the devices. Law‑enforcement agencies and state attorneys general, from DC’s Brian Schwalb to Arizona’s Kris Mayes, have targeted operators such as Athena Bitcoin, while the FBI estimates...

By CoinDesk
MARA Holdings Outlines AI and Energy Shift with MPLX LOI; Q3 Results Impress
NewsNov 4, 2025

MARA Holdings Outlines AI and Energy Shift with MPLX LOI; Q3 Results Impress

MARA Holdings and MPLX signed a letter of intent to build integrated power‑generation and data‑center campuses in West Texas, beginning with a 400 MW gas‑fired facility that can scale to 1.5 GW, with MPLX supplying natural gas from its Delaware Basin plants....

By CoinDesk
Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal
NewsNov 4, 2025

Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal

Wall Street analysts have sharply raised price targets for IREN after the bitcoin miner secured a $9.7 billion AI infrastructure deal with Microsoft to provide 200 MW of data‑center capacity. Cantor Fitzgerald’s Brett Knoblauch lifted his target to $142 from $100, Bernstein to...

By CoinDesk
Bitcoin Miner to AI Landlord: Microsoft Signs $9.7B Deal with BTC Miner IREN
NewsNov 4, 2025

Bitcoin Miner to AI Landlord: Microsoft Signs $9.7B Deal with BTC Miner IREN

Microsoft has signed a five‑year, $9.7 billion cloud‑services contract with Texas‑based Bitcoin miner IREN, converting up to 200 MW of its Childress campus from Bitcoin ASIC mining to GPU hosting for AI workloads. The deal includes a $1.9 billion 20 % pre‑payment and a...

By CryptoSlate
Why Trump Believes ‘China Is Big Into Crypto’ Despite Ban
NewsNov 4, 2025

Why Trump Believes ‘China Is Big Into Crypto’ Despite Ban

President Donald Trump told 60 Minutes that China is "big into crypto," a claim that appears at odds with Beijing’s 2021 ban on crypto trading and mining. The article clarifies that while the mainland ban remains fully enforced, China’s crypto...

By CryptoSlate
UBS, Chainlink Execute First Onchain Tokenized Fund Redemption in $100T Market
NewsNov 4, 2025

UBS, Chainlink Execute First Onchain Tokenized Fund Redemption in $100T Market

The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on Ethereum, with DigiFT as the onchain distributor.

By CoinDesk
Bitcoin Nears Lowest Since June as U.S. Government Shutdown Hits Joint Longest
NewsNov 4, 2025

Bitcoin Nears Lowest Since June as U.S. Government Shutdown Hits Joint Longest

Bitcoin is sliding toward $103,000, its lowest level since late June and about 20% below the October 6 record high of $126,500. The dip coincides with the U.S. Dollar Index breaking above 100 for the first time since August, a...

By CoinDesk
Bitcoin’s Last Support Before $100K Breaks as 'Mag 7' Skew Flips, Oracle CDS Surges
NewsNov 4, 2025

Bitcoin’s Last Support Before $100K Breaks as 'Mag 7' Skew Flips, Oracle CDS Surges

Bitcoin slipped below the $106,000 support level, exposing the cryptocurrency to a test of the $100,000‑$101,000 zone and a possible deeper decline toward $94,000 or the $85,000 “maximum‑pain” area. At the same time, the put‑call skew for the Magnificent 7 tech...

By CoinDesk
Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Dump 5-10%
NewsNov 4, 2025

Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Dump 5-10%

Bitcoin’s price slipped from $112,000 to below $106,000, sparking more than $1.27 billion in leveraged futures liquidations across crypto markets, with long positions accounting for roughly 90% of the wipes and $1.14 billion of bullish bets erased. The biggest single loss was...

By CoinDesk
Dogecoin Plunges 8% as Price Action Points to Brief Technical Bounces
NewsNov 4, 2025

Dogecoin Plunges 8% as Price Action Points to Brief Technical Bounces

Dogecoin slumped 8% to $0.1697 on Tuesday as whales dumped roughly $440 million worth of tokens, pushing 24‑hour volume to 3.37 billion tokens – about 426% above its daily average. The price broke through the $0.18 support zone, confirming sustained institutional selling...

By CoinDesk
XRP Triangle Tightens as Token Falls 6%, Watch This Price Level For Further Breakdown
NewsNov 4, 2025

XRP Triangle Tightens as Token Falls 6%, Watch This Price Level For Further Breakdown

XRP rose 2.75% to $2.34 on Monday but lagged the broader crypto market, with 24‑hour volume 6% below its seven‑day average, indicating cautious accumulation. The token found resistance at $2.44 and established a support base around $2.33, while traders eye...

By CoinDesk
Asia Morning Briefing: BTC Tests Its Floor as Legacy Sellers Meet Macro Rotation
NewsNov 4, 2025

Asia Morning Briefing: BTC Tests Its Floor as Legacy Sellers Meet Macro Rotation

Bitcoin steadied around $106,500 in Asian trading, keeping above the $100,000 support despite a month‑long slide that erased roughly 13% of its value. Market makers are split on the cause: Enflux cites a macro‑driven rotation of liquidity back into equities,...

By CoinDesk
Aave DAO Makes $50 Million Annual Token Buybacks Permanent
NewsNov 4, 2025

Aave DAO Makes $50 Million Annual Token Buybacks Permanent

The Aave DAO voted unanimously to make its $50 million‑per‑year token buyback program permanent, allocating weekly purchases of $250,000‑$1.75 million from protocol revenue. The move embeds the buyback into Aave’s long‑term “Aavenomics” strategy, leveraging its $12.7 million‑30‑day revenue and allowing the Finance Committee...

By The Defiant
Hallelujah
PodcastNov 3, 2025

Hallelujah

Arthur Hayes argues that government debt issuance directly expands the money supply because the marginal buyers of U.S. Treasuries—primarily hedge funds in the Cayman Islands—finance purchases via repos that rely on Federal Reserve liquidity facilities. He shows that private savings...

By Arthur Hayes
Solana's SOL Bleeds Nearly 20% Since ETF Debut Despite 'Very Solid' Inflows
NewsNov 3, 2025

Solana's SOL Bleeds Nearly 20% Since ETF Debut Despite 'Very Solid' Inflows

Solana’s native token slid almost 20% in a week, falling from a $205 peak to about $165, even as the debut of U.S. spot Solana ETFs attracted strong investor demand. Exchange‑traded products linked to SOL recorded their second‑strongest weekly...

By CoinDesk
Sports Betting Pushes Kalshi and Polymarket Volumes to All-Time Highs
NewsNov 3, 2025

Sports Betting Pushes Kalshi and Polymarket Volumes to All-Time Highs

October saw prediction‑market platforms Kalshi and Polymarket post record volumes of $7.4 billion combined, driven largely by a surge in sports‑betting activity. Kalshi handled $4.4 billion, including $1.1 billion in sports bets over a week, while Polymarket processed $3 billion, with $357 million in sports...

By The Defiant
How 11 Audits Couldn’t Stop Balancer’s $128 Million Hack Redefining DeFi Risks
NewsNov 3, 2025

How 11 Audits Couldn’t Stop Balancer’s $128 Million Hack Redefining DeFi Risks

Balancer, once hailed as a stable DeFi cornerstone, suffered a massive exploit on Nov. 3 that drained over $128 million across Ethereum and multiple layer‑2 forks, slashing its total value locked by 46% to roughly $422 million. Security firms PeckShield and Phalcon traced...

By CryptoSlate
SUI Token Drops 9% as Institutional Selling Hits Harder Than Broader Crypto Market
NewsNov 3, 2025

SUI Token Drops 9% as Institutional Selling Hits Harder Than Broader Crypto Market

SUI token plunged 9% to $2.10 in the past 24 hours, lagging the broader crypto market by roughly 5%. Trading volume surged more than 600% above its 7‑day average as the price broke key support at $2.16, a pattern consistent...

By CoinDesk
Why Did Bitcoin’s Largest Buyers Suddenly Stop Accumulating?
NewsNov 3, 2025

Why Did Bitcoin’s Largest Buyers Suddenly Stop Accumulating?

Institutional demand for Bitcoin has waned for the first time in seven months, with net buying falling below daily mined supply, according to Caprioe Investments. Corporate treasuries such as MicroStrategy have sharply reduced purchases as their NAV premium collapsed, and...

By CryptoSlate
Chainlink Drops 10% Amid Crypto Selloff; New Rewards Program Unveiled
NewsNov 3, 2025

Chainlink Drops 10% Amid Crypto Selloff; New Rewards Program Unveiled

Chainlink’s LINK token slumped more than 10% on Monday, sinking to $15—the weakest level since the October 10 flash crash—and broke key support around $15.25 as trading volume surged 674% to over 12 million tokens in a 30‑minute window. CoinDesk’s technical model...

By CoinDesk
Stellar Holds the Line at $0.277 as Buyers Defend Key Support Zone
NewsNov 3, 2025

Stellar Holds the Line at $0.277 as Buyers Defend Key Support Zone

Stellar (XLM) steadied at the critical $0.277 support level after a sharp 5.5% sell‑off, then rallied 3.74% to $0.285 on elevated trading volume. Volume spiked 887% during the breakdown before normalizing, while smart‑contract activity on the network jumped 700% and...

By CoinDesk
ICP Slides 5.5% as Bulls Lose Momentum After Volatile Session
NewsNov 3, 2025

ICP Slides 5.5% as Bulls Lose Momentum After Volatile Session

ICP fell 5.48% to $3.77 after a weekend rally that peaked near $4.30, with trading volume surging 70% above its 24‑hour average to 8.7 million tokens. The token failed to hold above the $4.20 resistance, leaving key support at $3.70 and...

By CoinDesk
Hedera’s HBAR Slides 5% as $0.19 Support Crumbles, Traders Eye Technical Reversal
NewsNov 3, 2025

Hedera’s HBAR Slides 5% as $0.19 Support Crumbles, Traders Eye Technical Reversal

Hedera’s HBAR token dropped 5% in 24 hours, sliding from $0.1932 to $0.1835 after breaching the key $0.1900 support level. The move was accompanied by an 86% surge in trading volume, peaking at 114.18 million tokens as sellers rejected the $0.1951...

By CoinDesk
BONK Tumbles as Meme Token Breaks Support, Tests Key Lows
NewsNov 3, 2025

BONK Tumbles as Meme Token Breaks Support, Tests Key Lows

BONK, the Solana‑based meme token, slid 11.2% to $0.00001232, breaching a key support level at $0.0000137. Trading volume spiked 46% above its daily average, with a brief 5.3% rebound to $0.00001309 before losing momentum. The token now faces resistance near...

By CoinDesk
How This Millionaire Crypto Hacker Continues to Freely Cash Out a Year Later
NewsNov 3, 2025

How This Millionaire Crypto Hacker Continues to Freely Cash Out a Year Later

A year after the Radiant hack that stole roughly $50‑$58 million from its Arbitrum and BNB Chain lending pools, the same attacker has been quietly cashing out large ETH tranches via cross‑chain bridges and the Tornado Cash mixer. On Oct. 31 2025 the...

By CryptoSlate
Polkadot Slumps as Bears Break Key Support at $2.87
NewsNov 3, 2025

Polkadot Slumps as Bears Break Key Support at $2.87

Polkadot (DOT) fell 12% on Monday, dropping to $2.56 after a 5.49‑million‑token sell‑off shattered the $2.87 support level. Institutional‑sized orders triggered extreme volatility, pushing the price from a session high of $2.99 to the low of $2.56. The broader crypto...

By CoinDesk
Bitcoin Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows
NewsNov 3, 2025

Bitcoin Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows

Bitcoin slipped below $106,000 on Monday, dropping more than 4% in 24 hours and extending an 8% weekly decline, while major altcoins such as Ether and Solana fell 6%‑10%. The sell‑off triggered over $1 billion in leveraged position liquidations across digital...

By CoinDesk
Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash
NewsNov 3, 2025

Ethena USDe Market Cap Drops 40% After ‘Black Friday’ October 10 Crash

Ethena Labs' synthetic dollar‑pegged token USDe saw its market capitalization plunge by more than $5 billion in the three‑and‑a‑half weeks following the Oct. 10 “Black Friday” flash crash, falling from roughly $14.6 billion to about $9.2 billion – a near‑40% drop. The crash triggered...

By The Defiant
Toncoin Falls as Nasdaq Flags Rule Violation in $273M Purchase by Major Holder
NewsNov 3, 2025

Toncoin Falls as Nasdaq Flags Rule Violation in $273M Purchase by Major Holder

Toncoin slid more than 5% to $2.165 after Nasdaq reprimanded TON Strategy, the token’s largest public holder, for issuing stock without shareholder approval to fund a $272.7 million purchase of the cryptocurrency. The violation, disclosed in an Oct. 28 SEC filing, was...

By CoinDesk
France Wants to Tax Unrealized Crypto Holdings but Also Hoard 420,000 BTC
NewsNov 3, 2025

France Wants to Tax Unrealized Crypto Holdings but Also Hoard 420,000 BTC

France’s National Assembly approved a first‑reading amendment to expand its wealth tax to include digital assets, imposing a flat 1% levy on net wealth over €2 million and taxing crypto holdings even when unrealized. Simultaneously, the right‑wing UDR introduced a bill...

By CryptoSlate
AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two Hours
NewsNov 3, 2025

AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two Hours

AI‑powered payments blockchain Kite launched its native token on Monday, achieving a $159 million market cap and $883 million fully diluted valuation within hours. Trading volume surged to $263 million across Binance, Upbit and Bithumb, with $85 million on Binance alone. The token, capped...

By CoinDesk
Strategy’s Bitcoin Engine Hits New Phase With S&P Ratings Nod, Canaccord Says
NewsNov 3, 2025

Strategy’s Bitcoin Engine Hits New Phase With S&P Ratings Nod, Canaccord Says

Strategy (MSTR) secured its first S&P credit rating, a B‑ with a stable outlook, signaling a milestone that could broaden its investor base. The company’s preferred‑equity program has raised $6.7 billion this year, delivering a 26% year‑to‑date bitcoin yield while keeping...

By CoinDesk
Crypto Markets Start November in the Red as Bitcoin Dips Below $108,000
NewsNov 3, 2025

Crypto Markets Start November in the Red as Bitcoin Dips Below $108,000

Bitcoin slipped below $108,000 on Nov. 3, trading around $107,800—a 2% drop that pulled the total crypto market cap to $3.68 trillion, down roughly 3% in 24 hours, with the top ten assets each losing 1%‑6%. Over $539 million in leveraged positions were liquidated,...

By The Defiant
Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B
NewsNov 3, 2025

Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B

BitMine Immersion Technologies, chaired by Fundstrat co‑founder Thomas Lee, purchased 82,353 ether for roughly $306 million, boosting its ETH holdings to 3.4 million tokens – about 2.8% of the total supply – and lifting its combined crypto, cash and equity portfolio to...

By CoinDesk
CoinDesk 20 Performance Update: Internet Computer (ICP) Surges 35% as Index Declines
NewsNov 3, 2025

CoinDesk 20 Performance Update: Internet Computer (ICP) Surges 35% as Index Declines

The CoinDesk 20 Index fell 4.0% to 3,478.84, yet Internet Computer (ICP) surged 35% to become the sole leader among the 20 assets. POL was the only other asset in the green, up 1.6%, while Sui (SUI) and Cronos (CRO)...

By CoinDesk
Michael Saylor's Strategy Added $45M in Bitcoin to Holdings Last Week
NewsNov 3, 2025

Michael Saylor's Strategy Added $45M in Bitcoin to Holdings Last Week

Strategy (MSTR) bought 397 bitcoin last week for $45.6 million at an average price of $114,771, lifting its total holdings to 641,205 coins valued at over $69 billion. The acquisition was financed primarily through the sale of common stock, with a modest...

By CoinDesk
Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage
NewsNov 3, 2025

Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage

Ripple has launched Ripple Prime, a digital‑asset spot prime brokerage for U.S. institutional clients, adding OTC spot trading for dozens of cryptocurrencies, including XRP and its RLUSD stablecoin. The platform integrates spot, swaps, futures, and other derivatives, allowing institutions to...

By CoinDesk
Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum
NewsNov 3, 2025

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Bernstein raised price targets for U.S.-listed bitcoin miners, noting a strategic pivot from pure mining to monetizing their large‑scale power assets for AI data‑center colocation. The firm abandoned its discounted cash‑flow model in favor of a sum‑of‑parts approach that values...

By CoinDesk
Shiba Inu Slides 5% Despite Token Burn as BTC Drops Below 200-Day Average
NewsNov 3, 2025

Shiba Inu Slides 5% Despite Token Burn as BTC Drops Below 200-Day Average

Shiba Inu (SHIB) slid more than 5% in the past 24 hours, dropping to $0.00000951 from $0.00001018, as Bitcoin fell below its 200‑day simple moving average and the broader crypto market turned risk‑off. Despite a weekly token‑burn surge of 139.46%—over...

By CoinDesk
Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
NewsNov 3, 2025

Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong

Banco Inter and Chainlink completed a Phase 2 pilot of Brazil’s Drex digital‑currency initiative, linking the Central Bank of Brazil’s Drex network with Hong Kong’s Ensemble platform to settle a cross‑border trade transaction in real time using CBD‑backed digital reais and smart...

By CoinDesk
How XRP Can Provide $5B+ Daily ‘Working Capital’ for Currency Exchanges
NewsNov 3, 2025

How XRP Can Provide $5B+ Daily ‘Working Capital’ for Currency Exchanges

The piece outlines how XRP can serve as a short‑term working‑capital bridge for currency exchanges, using its minute‑scale settlement and CME‑listed XRP futures to hedge inventory risk. By sourcing fiat to XRP on deep CEX order books, atomizing trades, and...

By CryptoSlate
Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says
NewsNov 3, 2025

Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says

Bitcoin’s network hashrate hit a record 1,082 exahashes per second in October, up 5% from September and pushing mining difficulty 3% higher and 80% above pre‑halving levels. Even as hashpower surged, miners’ economics weakened, with daily block‑reward revenue per EH/s falling...

By CoinDesk
Bull or Bear? Today’s $106k Retest Could Decide Bitcoin’s Fate
NewsNov 3, 2025

Bull or Bear? Today’s $106k Retest Could Decide Bitcoin’s Fate

Bitcoin has repeatedly treated the $106,400 level as a pivotal point in its current cycle, alternating between resistance and support. When the price clears the level it tends to expand into the next price channel, while breaks below prompt a...

By CryptoSlate
The Quantum Computing Threat Bitcoin Can’t Ignore Forever
NewsNov 2, 2025

The Quantum Computing Threat Bitcoin Can’t Ignore Forever

A new report from the Human Rights Foundation warns that advances in quantum computing pose a credible, near‑term threat to Bitcoin’s cryptographic security. The analysis argues that quantum algorithms could eventually break the elliptic‑curve signatures that protect Bitcoin transactions, exposing...

By CryptoSlate
Can Blockchain Tame AI’s IP Problem?
NewsNov 2, 2025

Can Blockchain Tame AI’s IP Problem?

Large language models are increasingly trained on copyrighted material, raising concerns that creators are not compensated for the data they provide. Camp Network, a purpose‑built layer‑1 blockchain, proposes a proof‑of‑provenance protocol that lets creators register their works as NFTs with...

By CryptoSlate
From Wild West to Wall Street: Crypto Is Boring Now because ‘We Won’
NewsNov 2, 2025

From Wild West to Wall Street: Crypto Is Boring Now because ‘We Won’

Nic Carter observes that the once‑raucous, speculative frenzy of crypto – epitomized by “God candles,” 20% Bitcoin spikes and the wild‑west vibe of Crypto Twitter – has given way to a quieter, more institutionalized market. He argues that the sector...

By CryptoSlate
When the Wrench Comes for the Wallet: Why Bitcoin’s Biggest Believers Are Handing over Their Keys
NewsNov 2, 2025

When the Wrench Comes for the Wallet: Why Bitcoin’s Biggest Believers Are Handing over Their Keys

Physical "wrench" attacks on Bitcoin holders have surged, with over 200 documented incidents across 34 countries and 52 cases reported in 2025 alone—a 169% rise since February. The growing threat has prompted prominent early adopters, including analysts Willy Woo and...

By CryptoSlate
In Crypto’s Casino, Bitcoin Stands Alone as the Ultimate Prize
NewsNov 2, 2025

In Crypto’s Casino, Bitcoin Stands Alone as the Ultimate Prize

The article paints the cryptocurrency market as a casino where most tokens and projects end in disappointment, citing recent meme‑coin busts, failed token launches and waning retail interest. Despite the chaos, Bitcoin is portrayed as the sole enduring asset, attracting...

By CryptoSlate
Billions Stolen, Dozens Arrested: Is Crypto Crime Peaking or Adapting?
NewsNov 1, 2025

Billions Stolen, Dozens Arrested: Is Crypto Crime Peaking or Adapting?

North Korea‑linked hackers stole more than $2 billion in cryptocurrency in 2025, highlighted by a $1.5 billion breach of Bybit that leveraged supply‑chain‑tainted trading apps to access hot‑wallets. A coordinated Interpol operation recovered $439 million and led to hundreds of arrests across 40...

By CryptoSlate