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Trump Says He Wants U.S. To Be ‘The Bitcoin Superpower,’ Cites Competition From China
NewsNov 6, 2025

Trump Says He Wants U.S. To Be ‘The Bitcoin Superpower,’ Cites Competition From China

President Donald Trump used the America Business Forum in Miami to declare that the United States will become a "Bitcoin superpower," announcing historic executive orders that end the federal "war on crypto" and emphasizing crypto’s role in easing pressure on...

By CoinDesk
How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?
NewsNov 6, 2025

How Deep Are Bitcoin Traders Hedging After Recent Price Dip Below $100K?

Bitcoin slipped below $100,000, marking an 18% decline from its recent $126,000 peak, as macro‑driven weakness curbed spot ETF inflows. On Deribit, the world’s largest crypto options venue, open interest in $80,000 puts topped $1 billion and $90,000 puts neared $1.9 billion,...

By CoinDesk
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
NewsNov 5, 2025

Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates

Robinhood reported third‑quarter crypto trading revenue of $268 million, a 339% year‑over‑year jump, driven by $80 billion in crypto volume and the addition of prediction‑market and Bitstamp businesses that together generate roughly $100 million in annualized revenue. Adjusted earnings per share came in...

By CoinDesk
Citi and DTCC Say Tokenized Collateral Works and Now Regulators Must Keep Pace
NewsNov 5, 2025

Citi and DTCC Say Tokenized Collateral Works and Now Regulators Must Keep Pace

Citi’s Token Services platform is already live in the United States, United Kingdom, Hong Kong and Singapore, moving billions of dollars in real‑client cash transactions, while DTCC’s recent “Great Collateral Experiment” proved tokenized treasuries, equities and money‑market funds can serve as...

By CoinDesk
The Protocol: ZKSync Aims to Revamp Its Tokenomics Model
NewsNov 5, 2025

The Protocol: ZKSync Aims to Revamp Its Tokenomics Model

ZKSync’s creator has lodged a community proposal to convert the ZK token from a pure governance instrument into a utility token that captures direct economic value from network activity. The plan would channel two new revenue streams—on‑chain interoperability fees for...

By CoinDesk
Monad Foundation Sets Nov. 24 Airdrop Date for Users
NewsNov 5, 2025

Monad Foundation Sets Nov. 24 Airdrop Date for Users

The Monad Foundation announced on X that its MON token airdrop will occur on November 24, after opening a claim portal on October 14 for users to verify eligibility. The portal accepted registrations across five tracks, targeting roughly 5,500 core...

By CoinDesk
Chainlink, Apex Group Test Onchain Stablecoin Compliance With Bermuda Regulator
NewsNov 5, 2025

Chainlink, Apex Group Test Onchain Stablecoin Compliance With Bermuda Regulator

Chainlink and Apex Group completed a pilot with the Bermuda Monetary Authority to test an on‑chain compliance system for stablecoins, leveraging Chainlink’s Proof of Reserve, Secure Mint, and Automated Compliance Engine. The solution gives regulators real‑time visibility into a stablecoin’s...

By CoinDesk
Crypto’s Anti-Surveillance Boom: Zcash, Monero and the Return of Anonymity
NewsNov 5, 2025

Crypto’s Anti-Surveillance Boom: Zcash, Monero and the Return of Anonymity

Privacy-focused cryptocurrencies have surged in the second half of 2025, with Zcash rallying over 700% since late September to overtake Monero as the largest privacy coin by market cap. About 25% of ZEC’s circulating supply now resides in shielded addresses...

By CoinDesk
Bitcoin Bulls' Last Stand? $95K, According to This Well-Followed Analyst
NewsNov 5, 2025

Bitcoin Bulls' Last Stand? $95K, According to This Well-Followed Analyst

Analyst James Check (known as Checkmate) notes that roughly 57% of all capital ever invested in Bitcoin is now underwater at the $100,000 level, translating to about $20 billion in losses—about 3% of Bitcoin’s market cap. He warns that a slide...

By CoinDesk
Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite
NewsNov 5, 2025

Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite

Citi attributes the recent dip in crypto markets to the October 10 liquidations that dented risk appetite, a sharp slowdown in U.S. spot bitcoin ETF inflows, and weakening on‑chain fundamentals. The bank notes that large‑holder (whale) bitcoin addresses are shrinking while...

By CoinDesk
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
NewsNov 5, 2025

Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark

Hut 8’s shares fell nearly 13% after the Q3 earnings call failed to announce a hyperscaler tenant for its River Bend data centre, but Benchmark analyst Mark Palmer called the sell‑off short‑sighted and kept a buy rating with a $78 price target....

By CoinDesk
Britain’s Digital ID Push Is Premature and Dangerous
NewsNov 5, 2025

Britain’s Digital ID Push Is Premature and Dangerous

On September 26 the UK government unveiled a mandatory digital identity scheme called BritCard, initially targeting all employees and slated to expand to driving licences, welfare, banking and tax services. Critics warn the system could enable mass surveillance and create...

By CoinDesk
Crypto Markets Today: Altcoins Struggle as Bitcoin Tests Key $100K Support
NewsNov 5, 2025

Crypto Markets Today: Altcoins Struggle as Bitcoin Tests Key $100K Support

Bitcoin steadied near the $99,000 support line on Wednesday, edging up 1% to $103,281 after a sharp sell‑off that pushed it to its lowest level since June. Ether recovered modestly, rising 2% to $3,372 despite a 20% plunge over 48...

By CoinDesk
Dinari Taps Chainlink to Tokenize S&P DJI's Upcoming Crypto Market Index
NewsNov 5, 2025

Dinari Taps Chainlink to Tokenize S&P DJI's Upcoming Crypto Market Index

Dinari is partnering with Chainlink to tokenize S&P DJI’s forthcoming Digital Markets 50 Index, creating on‑chain "dShares" that represent a basket of 35 blockchain‑related equities and 15 leading cryptocurrencies. Chainlink’s decentralized oracle network will feed verified, real‑time pricing and performance data to...

By CoinDesk
Bitcoin, Ether Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas
NewsNov 5, 2025

Bitcoin, Ether Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas

Bitcoin briefly fell below $100,000 for the first time since June, slipping more than 20% from its early‑October peak and triggering a broad crypto sell‑off that saw the CoinDesk 20 index drop 2.6% in 24 hours. Over $1.7 billion in long...

By CoinDesk
Gemini Prepares to Offer Prediction Market Contracts: Bloomberg
NewsNov 5, 2025

Gemini Prepares to Offer Prediction Market Contracts: Bloomberg

Cryptocurrency exchange Gemini (GEMI), which went public on the Nasdaq in September, is preparing to launch prediction‑market contracts, a form of event‑driven derivatives. The move follows a surge in the sector, highlighted by Polymarket and Kalshi handling more than $8 billion...

By CoinDesk
Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects
NewsNov 5, 2025

Hong Kong Charges 16 in Alleged $205M JPEX Crypto Fraud as Interpol Hunts 3 More Suspects

Hong Kong prosecutors have charged 16 individuals, including former lawyer and influencer Joseph Lam, in connection with the JPEX cryptocurrency fraud that allegedly defrauded more than 2,700 investors of HK$1.6 billion ($205.8 million), making it the city’s largest financial fraud on record....

By CoinDesk
This Bitcoin Price Pattern Has Emerged 3 Times Since Late 2023, Triggering Corrections
NewsNov 5, 2025

This Bitcoin Price Pattern Has Emerged 3 Times Since Late 2023, Triggering Corrections

Bitcoin slipped below $100,000 on Tuesday, touching $98,951 and testing the 365‑day simple moving average ($102,055) and exponential moving average ($99,924) that have acted as support in the current bull cycle. The dip marks the third notable profit‑taking wave by...

By CoinDesk
Adam Back and Switzerland’s FUTURE Secure 28M Swiss Francs to Build Bitcoin Treasury
NewsNov 5, 2025

Adam Back and Switzerland’s FUTURE Secure 28M Swiss Francs to Build Bitcoin Treasury

Future Holdings AG, a Zurich‑based Bitcoin treasury firm, secured CHF 28 million ($35 million) in a funding round led by Fulgur Ventures, Nakamoto and TOBAM. The capital will expand its balance‑sheet‑driven model that combines BTC treasury management, analytics, secure infrastructure and advisory services,...

By CoinDesk
Bitcoin at Make or Break Level as China Suspends 24% Tariff on U.S. Goods
NewsNov 5, 2025

Bitcoin at Make or Break Level as China Suspends 24% Tariff on U.S. Goods

Bitcoin is hovering near its 50‑week simple moving average around $102,900, a historically strong support level that has propelled three prior rallies in its three‑year uptrend. China announced it will suspend the 24% additional tariff on U.S. goods for a...

By CoinDesk
Biggest Loser of NYC Election Polymarket Contract Is Down Almost $1M Betting Against Mamdani
NewsNov 5, 2025

Biggest Loser of NYC Election Polymarket Contract Is Down Almost $1M Betting Against Mamdani

Polymarket’s New York City mayoral election contract recorded a record $424 million in betting volume as Zohran Mamdani defeated Andrew Cuomo. Trader “fuxfux007,” a newcomer with only two positions, lost $969,169 betting against Mamdani, while “debased” netted $188,487 on the winning side....

By CoinDesk
Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'
NewsNov 5, 2025

Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'

Animoca Brands announced a plan to list on Nasdaq through a reverse merger with Currenc Group, targeting a late‑2026 debut pending regulatory and shareholder approvals. The combined entity will launch an altcoin index vehicle that offers institutional and retail investors...

By CoinDesk
Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate
NewsNov 4, 2025

Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate

Ether plunged more than 20% over two days, sliding from just under $4,000 to around $3,250 and triggering roughly $970 million in liquidations of leveraged long positions. The sell‑off exhausted the buying capacity of BitMine, the largest ETH treasury, which holds...

By CoinDesk
Ripple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth
NewsNov 4, 2025

Ripple's Stablecoin Hits $1B Milestone; Company President Discusses M&A Strategy to Fuel Growth

Ripple's RLUSD stablecoin surpassed $1 billion in market capitalization within a year of its December 2024 launch, making it the 10th‑largest U.S. dollar‑backed stablecoin. The token, issued by Ripple’s regulated subsidiary Standard Custody & Trust, splits its supply between Ethereum ($819 million)...

By CoinDesk
XRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue
NewsNov 4, 2025

XRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue

XRP Ledger’s dual functionality—supporting both value transfer (XRP) and payments via RLUSD on a single ledger—was highlighted by Bitnomial CEO Luke Hoersten as a structural advantage for a spot XRP ETF. Bitwise and Canary Capital have filed no‑delay amendments that...

By CoinDesk
Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial
NewsNov 4, 2025

Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial

A three‑judge panel of the U.S. Court of Appeals for the Second Circuit expressed skepticism toward Sam Bankman‑Fried’s bid for a new trial, questioning his claim that FTX was solvent at the time of its 2022 bankruptcy. His lawyer, Alexandra...

By CoinDesk
Coinbase Faces Flak From Traditional Bankers on Its Push for Trust Bank Charter
NewsNov 4, 2025

Coinbase Faces Flak From Traditional Bankers on Its Push for Trust Bank Charter

Coinbase’s request for a U.S. federal trust charter has been met with a formal objection from the Independent Community Bankers of America, which argues the exchange fails multiple statutory standards, lacks sound risk controls and may not be profitable in...

By CoinDesk
Chainlink's LINK Tumbles 6% as Technical Breakdown Trumps UBS, FTSE Partnership
NewsNov 4, 2025

Chainlink's LINK Tumbles 6% as Technical Breakdown Trumps UBS, FTSE Partnership

Chainlink’s native token LINK fell 6% to $14.59, breaking the key $15.26 support level on a volume surge of 57.8% above its seven‑day average. The decline unfolded despite high‑profile institutional news, including UBS’s world‑first tokenized fund transaction using Chainlink’s Digital...

By CoinDesk
DOGE Prints Lower-Low Sequence as $0.17 Resistance Locks In
NewsNov 4, 2025

DOGE Prints Lower-Low Sequence as $0.17 Resistance Locks In

Dogecoin slid 6.7% to $0.1605, breaking the key $0.17 resistance level as large‑holder selling intensified. Trading volume spiked 76% above the weekly average, highlighted by a 59 million DOGE sell‑off that pushed the price to a low of $0.1600. Technical analysis...

By CoinDesk
Nasdaq CEO Adena Friedman Outlines 3 Ways Blockchain Can Fix Finance
NewsNov 4, 2025

Nasdaq CEO Adena Friedman Outlines 3 Ways Blockchain Can Fix Finance

Nasdaq chief executive Adena Friedman told a Swell conference that blockchain can reshape finance in three ways – by streamlining fragmented post‑trade settlement, by enabling faster, cross‑border collateral mobility, and by modernizing sluggish payment infrastructure. She warned that large amounts...

By CoinDesk
Bitcoin Careens Toward $100K as Morning Bounce Fails
NewsNov 4, 2025

Bitcoin Careens Toward $100K as Morning Bounce Fails

Bitcoin slid to $104,608, breaching the $102,000 mark and marking its weakest level since late June, down 4.5% in 24 hours and 11.8% over the past week. Ethereum and other major tokens fell 5‑7% each, while crypto‑related equities such as...

By CoinDesk
Chainlink Introduces CRE to Fast-Track Institutional Tokenization
NewsNov 4, 2025

Chainlink Introduces CRE to Fast-Track Institutional Tokenization

Chainlink has launched the Chainlink Runtime Environment (CRE), a software platform that lets institutions write and deploy smart contracts across public and private blockchains with built‑in compliance, privacy and data‑integration tools. The company cites adoption by Swift, Euroclear, UBS and...

By CoinDesk
Olas Launches Pearl V1, the First 'AI Agent App Store'
NewsNov 4, 2025

Olas Launches Pearl V1, the First 'AI Agent App Store'

Olas unveiled Pearl v1, the first decentralized “AI agent app store,” allowing users to own and control autonomous AI agents with on‑chain transparency while using familiar Web2 logins and card funding. The platform blends Web2 ease of access with Web3...

By CoinDesk
HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling
NewsNov 4, 2025

HBAR Drops 4.2% to $0.173 as ETF Buzz Fades on Technical Selling

HBAR slipped 4.2% to $0.173, breaking the $0.1740 support level as volume surged 28.7% above its weekly average. The sell‑off created a classic downtrend pattern with lower highs and lower lows, while resistance held around $0.1783. The price move came...

By CoinDesk
Toncoin Falls Below $2 as Broader Market Conditions Weigh on Price
NewsNov 4, 2025

Toncoin Falls Below $2 as Broader Market Conditions Weigh on Price

Toncoin (TON) slipped below $2, trading at $1.96 after a 5.5% drop in the past 24 hours, driven by an 89% surge in volume and more than $1.4 billion of long‑position liquidations across the crypto market. The sell‑off pushed TON through...

By CoinDesk
Stellar’s XLM Slides 7.7% as Key Support Break Sparks Heavy Sell-Off
NewsNov 4, 2025

Stellar’s XLM Slides 7.7% as Key Support Break Sparks Heavy Sell-Off

Stellar’s XLM tumbled 7.7% in 24 hours, sliding from $0.2945 to $0.2728 after breaching the critical $0.2800 support level on Nov 3. The breakdown sparked a volume surge of 483%—about 262.9 million tokens—while resistance at $0.2857 held firm and new support around $0.2720‑$0.2740...

By CoinDesk
U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks
NewsNov 4, 2025

U.S. Sanctions North Korean Bankers Over Crypto Laundering Tied to Cyberattacks

The U.S. Treasury’s Office of Foreign Assets Control sanctioned eight North Korean individuals and two entities on Tuesday for laundering cryptocurrency proceeds from ransomware, crypto thefts and fraudulent IT‑worker schemes that fund Pyongyang’s weapons programs. The designations include bankers Jang...

By CoinDesk
Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt
NewsNov 4, 2025

Bitcoin Treasury Firm Bubble Comes Full Circle as Sequans Unloads BTC to Cut Debt

Sequans (SQNS) sold 970 Bitcoin at $104,608.94 each to redeem half of its July 2025 convertible debt, slashing total liabilities from $189 million to $94.5 million and cutting its debt‑to‑net‑asset‑value ratio from 55% to 39%. The sale leaves the Paris‑based firm with 2,264 BTC,...

By CoinDesk
BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins Surge
NewsNov 4, 2025

BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins Surge

BNB slumped 7.8% to $940, breaking key support at $980 and $940 amid a 72% surge in trading volume that points to large‑holder sell‑offs. The drop followed a failed breakout above $1,020 and coincided with a broader market downturn that...

By CoinDesk
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
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
Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings
NewsNov 4, 2025

Strategy Introduces a Euro-Denominated Preferred Stock Stream, Following Q3 Earnings

MicroStrategy (MSTR) has launched a euro‑denominated perpetual preferred security, Stream (STRE), shortly after its Q3 earnings, issuing shares at €100 with a 10% annual dividend payable quarterly. The non‑voting instrument is listed on the Euro MTF Luxembourg and targets professional...

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