Crypto Markets Today: Zcash Surges to Lead Altcoin Market as Bitcoin Stalls Near $108K
Zcash (ZEC) has led the altcoin market with a blistering 461% gain over the past 30 days, rising to about $276 as interest in shielded tokens—now 27.5% of supply—has constrained sellable supply and driven futures open interest up 22% to roughly $303 million. By contrast, bitcoin is stuck in a tight range around $107,800 with key support near $102,000 and resistance near $120,000; a break below $102,000 could trigger an accelerated altcoin sell‑off, while a move back toward $120,000 would signal renewed upside. Derivatives activity shows balanced funding rates for major coins, record ether futures OI and cautious positioning in BTC options, underscoring institutional preference for ETH over BTC and elevated risk aversion in smaller tokens. The divergence highlights concentrated speculative flows into privacy-focused ZEC amid broader weakness in many altcoins, making market liquidity and bitcoin’s next directional move the main near‑term stakes.
APAC's Biggest Stock Exchanges Push Back Against Digital Asset Treasury Strategies: Bloomberg
Major Asia-Pacific stock exchanges are increasingly pushing back on corporate digital-asset treasury (DAT) strategies, with Hong Kong Exchanges & Clearing reportedly challenging at least five firms planning to amass large crypto holdings. Regulators and exchanges from India to Australia have...
XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance
XDC Network’s venture arm has acquired Contour Network and will relaunch the shuttered blockchain trade‑finance platform with fresh capital, a revised strategy and integration of regulated stablecoins. Contour — previously backed by banks including HSBC, Citi and Standard Chartered —...
Bitcoin OG, Who Profited From Trump’s China Tariffs, Now Holds $234M in BTC Short Position: Arkham
An anonymous Bitcoin “OG” who reportedly made about $200 million shorting BTC ahead of the Oct. 10 sell‑off has reopened a large bearish position, building a $234 million short on decentralized exchange Hyperliquid, Arkham data shows. The position’s liquidation price...
Prediction Markets Say Government Shutdown Will Be Record-Setting: Asia Morning Briefing
Prediction markets are pricing in a historic U.S. government shutdown lasting more than 40 days—Polymarket bettors see a likely resolution around Nov. 15 while Kalshi’s market implies an average duration of 41.6 days, topping the 2019 record. The shutdown will...
Aave Rebounds Above $230 Confirming Double-Bottom Reversal
Aave’s governance token rebounded above $230, rising about 2.5% to $232 after confirming a double‑bottom reversal with support at $220–$221.13 and an 87% surge in trading volume that pushed it above $224.50 resistance. The price move coincided with a strategic...
HBAR Slides 4.3% as Institutional Selling Breaks Key Support
HBAR fell 4.3% to $0.1725 after a 71% surge in volume signaled institutional selling that breached the $0.1720 support, briefly driving the token to $0.1688 before a late‑session rebound to $0.1745. Morning turnover hit 67.16 million tokens, while recovery buying...
Galaxy Digital Says Helios a ‘Gold Rush,’ Reveals Q3 Revenue Beat and Client Growth
Galaxy Digital beat Q3 revenue estimates with $29 billion in revenue—driven by a 140% surge in trading activity—while confirming CoreWeave’s commitment to the full 800 MW of its Helios data center and securing $1.4 billion in project financing. The company...
Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea
Federal Reserve Governor Christopher Waller said the Fed will “embrace the disruption” from crypto and proposed exploring a limited or “skinny” version of master accounts to give crypto and payments innovators direct access to Fed payment rails. The pared‑down accounts...
Coinbase Sees TradFi Institutions Driving Crypto Derivatives Boom
Coinbase said a coming wave of U.S. and Europe‑based traditional finance institutions will drive a boom in crypto derivatives as asset managers adopt regulated products for hedging and scaled risk‑managed exposure. The company — which acquired Deribit for $2.9 billion...
Arch Aims to Help Bitcoin Holders Slash U.S. Tax Bill With BTC Mining Investments
Crypto lender Arch unveiled TaxShield, a product that lets high‑net‑worth Bitcoin holders use over‑collateralized loans and IRS §168(k) bonus depreciation to buy and host mining rigs, enabling immediate write‑offs of equipment costs. Arch says the structure can materially cut tax...
U.S. Surging in Crypto Activity Under Trump: TRM Labs Report
A TRM Labs report finds U.S. crypto activity surged under President Trump, with transaction volumes in the first half of 2025 topping $1 trillion—about a 50% increase year‑over‑year. TRM attributes the jump to a more favorable political and regulatory environment,...
Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test
Public bitcoin miners have raised record levels of debt and convertible notes—more than $4.6 billion in late 2024 with estimates of up to $6 billion in Q3—as they pivot into AI and high‑performance computing. Major transactions include TerraWulf’s $3.2 billion...
U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets
A coalition of crypto, fintech and retail groups urged the Consumer Financial Protection Bureau to preserve strong open‑banking protections in pending Rule 1033, warning that big banks’ efforts to charge for customer data access or narrow who qualifies as a...
Bitcoin Bounce Stalls as XRP, Zcash Lead Gains; Arca Says Rally Not a Dead-Cat Bounce
Crypto’s weekend rebound showed signs of durability on Monday even as Bitcoin’s intraday rally faded — BTC traded around $111,000 and Ether slipped below $4,000 while XRP, Chainlink and privacy token Zcash (up 17%) led gains. Arca said the move...
AAVE Bounces Over 10% in Strong Weekend Recovery Amid RWA Integration Plans
Aave’s governance token AAVE jumped more than 10% from Friday lows to trade around $228–$230 on Monday, briefly topping $230 before meeting resistance near $231 and consolidating above $225. The price bump coincides with Grove’s plan—pending Aave governance approval—to supply...
Centralized Exchanges Are Still Criminals’ Favorite Crypto Money Laundering Tool
Despite high‑profile convictions like Tornado Cash co‑founder Roman Storm, criminal proceeds in 2024 flowed primarily through regulated centralized crypto exchanges, which function as the main on‑ and off‑ramps to fiat, Chainalysis data show. Enforcement actions — including Binance’s publicized 2023...
Crypto's Half-Finished Legislative Agenda Teeters as CEOs Set Meeting With Democrats
Top crypto executives, including leaders from Coinbase, Chainlink, Uniswap, Kraken and Galaxy Digital, are meeting this week with up to 10 Senate Democrats to try to revive stalled U.S. market‑structure legislation after contentious Democratic draft language and a federal funding...
Monad’s Fast EVM Chain Promises ‘Night and Day’ Performance Gains
Monad, a new EVM‑compatible layer‑1 gearing up for a token airdrop and mainnet launch, says its reengineered virtual machine can deliver “night and day” performance gains that could rival the fastest blockchains. The team cites four technical levers—parallel execution, asynchronous...
Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources
Blockchain.com has held talks to go public in the U.S. via a SPAC and has appointed Cohen & Company Capital Markets as an adviser, according to sources; the company says it is preparing to be a public company when markets...
Bitcoin Mining Profitability Declined More Than 7% in September: Jefferies
Jefferies said bitcoin mining profitability fell more than 7% in September as a roughly 2% drop in BTC price and a ~9% rise in network hashrate pushed margins lower. Public North American miners produced 3,401 BTC in September (down from...
BNB Climbs as Crypto Markets Rebound on Potential Fed Policy Shift
BNB climbed 1.4% in 24 hours, trading between about $1,077 and $1,144 during a volatile session that saw volume spike to 128,847 tokens—nearly double the daily average—while bitcoin rose 2.6% and the CoinDesk 20 index gained 2.5%. The rally was...
Wall Street Bank Citi Sees Stablecoins Powering Crypto’s Next Growth Phase
Citi says stablecoins are set to power crypto’s next growth phase, noting they have risen alongside the market after the GENIUS Act and prompting the bank to lift its 2030 digital‑asset market‑cap outlook to $1.9 trillion. The bank finds stablecoins...
Crypto Markets Today: BTC Reclaims $111K, ETH Tops $4K After Last Week’s Sell-Off
Bitcoin and ether rebounded Monday, with BTC trading near $111,000 and ETH back above $4,000 after last week’s $500 billion sell‑off, sparking a broader market lift that drove LINK up 14% and FLOKI 27%. Derivatives flows show persistent bullish conviction—BTC...
Michael Saylor Highlights Yield Gap Between STRF, STRD Preferred Stock Offerings
MicroStrategy Executive Chairman Michael Saylor flagged a widening credit spread between the company’s senior preferred stock STRF—trading above par at $109 with a 9.1% yield—and its junior preferred STRD, trading at $78 with a 12.7% yield, reflecting differing payout priority...
Crypto Traders Eye Major Events to Relieve Market Woes: Crypto Week Ahead
Crypto markets, down after mid‑October liquidations with BTC and ETH below early‑October highs, face a packed calendar this week that could alter momentum. Key catalysts include ETHZilla's 1‑for‑10 reverse split on Oct. 20 and Zilliqa’s major Zilliqa 2.0 hard fork...
XRP Investor Says $3M in XRP Was Stolen; Cold Wallet Maker Says Seed Import Made Wallet Hot
A U.S. retiree says more than $3 million worth of XRP (about 1.21 million tokens) was stolen after his Ellipal hardware‑wallet seed was imported into the company’s mobile app, which Ellipal says would store private keys on the device and...
‘Ether Caught Fire’: ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds
CoinGecko’s Q3 report finds Ethereum led crypto’s recovery as investors rotated capital away from Bitcoin into altcoins, DeFi and tokenized assets, with ETH rising 68.5% to close the quarter at $4,215. The broader market added more than $500 billion in...
Stablecoins' $1 Peg Is a 'Misconception,' Says NYDIG After $500 Billion Market Meltdown
NYDIG’s research head Greg Cipolaro warned that the widely believed $1 peg for stablecoins is a misconception after a $500 billion crypto market sell‑off exposed sharp price swings—most notably Ethena’s USDe briefly trading as low as $0.65 on Binance while...
It’s Time for the Crypto Industry to Take the Threat of AI and Quantum Computing Seriously
Kostas Chalkias warns that AI and looming quantum computing advances pose an existential threat to blockchain integrity, arguing the industry is underestimating risks that could enable stealthy AI-driven attacks or, ultimately, quantum reversal of private keys. He cites research showing...
Bitcoin Price Could Collapse to $70K or Lower as Bull Market Is Over: Elliott Wave Expert
Ledn CIO and Elliott Wave analyst Jon Glover declared Bitcoin’s bull run over after a recent drop from about $126,000 to roughly $104,000, saying the five-wave bullish structure has completed and a sustained bear market could last at least until...
XRP, SOL Break Ahead with Bullish Reset in Sentiment as Bitcoin and Ether Stay Stuck in the Gloom
Options markets are signaling a bullish reset for XRP and Solana as 25‑delta risk reversals on Deribit turned positive across Oct. 31, Nov. 28 and Dec. 26 expiries, with XRP trading around $2.33 and SOL near $186. By contrast, bitcoin...
There Are Three Major Tailwinds for Crypto’s Next Rally, Says Galaxy Digital’s Alex Thorn
Galaxy Digital head of research Alex Thorn says the structural crypto bull market remains intact despite Oct. 10’s sell‑off, citing roughly $19 billion of liquidations as Bitcoin fell from about $126,300 to an intraday low near $107,000 and Ether slid...
Analyst Says He ‘Nibbled’ HYPE Below $34, Eyes $28 Area as Downtrend Persists
Pseudonymous analyst Pentoshi said he took a small spot position in Hyperliquid’s HYPE token under $34, filling roughly 20% of his target and planning to add toward $30–$28 and “go hard” if it falls below $30. He flagged a broader...
Ripple CLO Rejects the Narrative That Crypto Is Just a Tool for 'Crime and Corruption'
Ripple Chief Legal Officer Stuart Alderoty pushed back against recent New York Times pieces in an Oct. 17 X post, calling the portrayal of crypto as primarily a tool for “crime and corruption” “lazy and inaccurate.” He emphasized that public...
'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos
Six wallets tied to crypto hackers panic‑sold 7,816 ETH during the Oct. 10 market crash and then rebought the same amount at higher prices, resulting in roughly $13.4 million in net losses, according to blockchain tracker Lookonchain. The attackers dumped...
'Deploying More Capital — Steady Lads': Bitcoin Treasury Companies Struggle to Halt Plunge
Public companies that hold bitcoin as their treasury asset have seen steep share-price collapses, driven partly by an 11-day bitcoin drop from a Oct. 3 peak above $126,000 to about $106,801.68 and by preexisting investor skepticism. Selected bitcoin-treasury companies have...
Bitcoin-Holding Institutions Seeking Yield, DeFi Capabilities
Institutional holders of Bitcoin are increasingly pursuing Bitcoin-native yield and DeFi capabilities through platforms like Rootstock and Babylon, shifting the narrative from passive “digital gold” to a productive asset. New infrastructure enables staking, restaking and BTC‑backed stablecoins or collateralized products...
State of Crypto: How to Square Decentralized Finance With Regulatory Compliance
At D.C. Fintech Week a panel of industry and regulatory experts debated whether decentralized finance can be made compliant without undermining decentralization, focusing on developers' potential liability and practical tools for risk management. Panelists — including BIS Innovation Hub’s Maha...
Will Interest Payments Make Stablecoins More Interesting?
Global stablecoin rules are converging on requirements for high‑quality reserves, audits and explicit bans on issuers paying interest, but those prohibitions may be porous in practice as exchanges already market “rewards” and users can route coins into DeFi yield instruments....
XRP Stabilizes After Early Dip, Traders Eye $2.40 Breakout
XRP steadied after an early-session dip to $2.19, recovering to about $2.33 as institutional buyers absorbed selling and trading volume spiked to 246.7 million—nearly triple the 24‑hour average. The token traded in a $2.19–$2.35 range (7% intraday) as markets positioned...
Your Company's Balance Sheet Is Doomed Without Bitcoin
In an opinion piece, Musqet founder David Parkinson argues that corporate treasuries must adopt Bitcoin to protect balance sheets from monetary debasement, warning that traditional cash-heavy strategies risk underperformance and potential fiduciary breaches. He notes public companies now hold over...
Stellar Lumen's XLM Token Down 6% Amid Heavy Sell Pressure
Stellar Lumens (XLM) fell about 6.25% to roughly $0.303 amid heavy institutional selling and algorithmic liquidation, with trading volumes spiking to roughly 89–91 million tokens during peak liquidation hours. Analysts say coordinated corporate profit-taking and treasury rebalancing set systematic resistance...
U.S. Fed's Barr Catalogues Dangers to Be Dodged in Future Stablecoin Regulations
Federal Reserve Governor Michael Barr warned regulators and the crypto industry to avoid repeat mistakes as they prepare rules under the new GENIUS Act, flagging run risk from stablecoins redeemable at par but backed by assets that may be questioned...
The Rise and (Mostly) Fall of the PIPE Model in Bitcoin Treasury Strategies
Once touted as a rapid way for public firms to amass bitcoin, the PIPE financing model is facing fresh scrutiny after recent collapses in the market value of firms that used it aggressively. Healthcare-turned-bitcoin treasuries like KindlyMD/Nakomoto and Strive raised...
Crypto for Advisors: Litecoin Explained
CoinDesk’s Crypto for Advisors highlights Litecoin as a resilient, pragmatic crypto asset—trading at about $92.51 and serving as “silver” to Bitcoin’s gold—built in 2011 as a faster, lower-fee fork of Bitcoin. Key technical differentiators include a 2.5-minute block time, 84...
Andreessen Horowitz’s A16z Invests $50M in Solana Staking Protocol Jito
Andreessen Horowitz’s a16z crypto led a $50 million private token sale into Jito Foundation to fund expansion of its Solana staking protocol and validator technology. The funding will bankroll open-source infrastructure, developer tools and liquid staking products—JitoSOL has a market...
MoonPay Launches Unified Crypto Payments Platform 'MoonPay Commerce'
MoonPay launched MoonPay Commerce, a unified crypto payments platform that folds Helio’s checkout tech into MoonPay’s offerings and is already used by more than 6,000 businesses including Shopify, the Solana Foundation, Ledger and CoinMarketCap. The platform powers Solana Pay on...
How Deep Could BTC Crash If Bulls Fail to Defend $107K–$110K Support Zone?
Bitcoin is perched just above a critical $107,000–$110,000 support zone around the $111,700 mark, and analysts warn that failure to hold that band could trigger a sharp sell-off and volatile price swings. A break below the zone would likely force...
Bitcoin Treasury Companies Should Lean Into the Lightning Network
Voltage executive Bobby Shell argues that corporate Bitcoin treasuries should shift from passive holdings to active use on the Lightning Network, deploying idle BTC into liquidity channels to earn native, noncustodial yield via routing fees and transaction-volume rewards. The move...
