Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy
Nasdaq‑listed nanocap biotech Tharimmune announced a $540 million private‑placement led by DRW and Liberty City Ventures to fund a canton‑coin‑based treasury strategy, making it the first public company directly backed by the Canton Foundation. The round attracted a mix of crypto‑native and traditional finance investors, including ARK Invest, Kraken, Polychain Capital and Tradeweb, and pushed Tharimmune’s stock up roughly 30% while canton‑coin slipped 4%. Proceeds will be used to acquire canton‑coin, cover operational costs and launch multiple validator nodes on the Canton Network, with biotech operations continuing under newly appointed CEO Mark Wendland.
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...
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)...
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...
Stablecoin Developer Standard Money Raises $8M to Support Mainnet Rollout
Standard Money, the developer of the BNB Chain‑based algorithmic stablecoin USDsd, announced an $8 million strategic investment round led by Yzi Labs with participation from Gate.io, Crypto.com and Animoca Brands. The capital will fund USDsd’s mainnet rollout, broaden liquidity partnerships and...
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...
Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal
Cipher Mining jumped 19% after sealing a $5.5 billion, 15‑year lease with Amazon Web Services to deliver 300 MW of AI‑computing capacity by late 2026, with the first phase slated for July. The company also took majority control of a joint venture...
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...
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...
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...
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...
Is November the New October? Analyst Says It’s Bitcoin’s Strongest Month — Here’s the Data
Crypto analyst Lark Davis touted November as Bitcoin’s strongest month, citing a 42.5% average gain since 2013, a figure heavily skewed by the 449% surge that year. The CoinGlass heat map shows the median November return is only about 9%,...
Circle CEO Jeremy Allaire Calls Arc ‘an Economic OS for the Internet’
Circle CEO Jeremy Allaire told CNBC that the company’s new Arc platform is an “economic OS for the internet,” offering dollar‑priced fees, sub‑second settlement and configurable privacy for stablecoin‑native finance. The public testnet went live on Oct. 28 and a mainnet...
Bitcoin: The Dawn of a New Monetary Era
Seventeen years after its 2008 white paper, Bitcoin has evolved from a cryptographic experiment into a global network embraced by corporations, institutional investors, and users seeking financial sovereignty. The article highlights Bitcoin’s origins as a response to the 2008 financial...
Bitcoin’s ‘Red October’: What Happened to the Widely Anticipated Uptober Crypto Rally?
Bitcoin closed October 2025 8.5% lower, snapping a six‑year streak of positive "Uptober" performance that had persisted since 2019. The decline was sparked by a mid‑month risk‑off rally after President Donald Trump announced steep new tariffs on China, leading to...
Latin American Crypto Exchange Ripio Launches Argentine Peso Stablecoin 'wARS'
Ripio, the Latin American crypto exchange with over 25 million users, has launched wARS, an Argentine peso‑pegged stablecoin on Ethereum, Coinbase’s Base and World Chain. The token lets users send and receive funds globally without banks or converting to U.S. dollars,...
State of Crypto: The Government Shutdown Nears a Record
The U.S. government shutdown, now in its second‑longest stretch, could become the longest at 35 days, halting progress on crypto legislation. Congress has already missed key deadlines, including the Oct. 20 markup hearing for market‑structure reform, and any movement now depends...
ARK Invest’s Crypto Exposure Tops $2.15B as Bullish Holdings Rise Across 3 Funds
ARK Invest boosted its position in crypto‑exchange Bullish by 105,000 shares, a $5.3 million purchase that lifts its holding to 2.27 million shares worth $114 million. The addition brings the firm’s combined exposure to blockchain and crypto‑related companies across its three actively managed...
MiCA Won’t Save Us From a Stablecoin Crisis. It Might Be Building One
Europe’s MiCA framework imposes micro‑prudential safeguards on stablecoins—proof‑of‑reserves, capital buffers and redemption rules—but it fails to address the macro‑prudential danger of billions of euros shifting from bank deposits to crypto‑backed tokens. The Bank of England has warned that such a...
Tesla CEO Elon Musk Says X Chat's New P2P Encryption System Is Similar to Bitcoin's
Elon Musk announced that X will launch a standalone X Chat app in the coming months while retaining an integrated chat experience within the X platform. The new service employs a peer‑to‑peer encryption model that Musk likens to Bitcoin, emphasizing the...
‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks Anniversary, Needles Democrats
U.S. Treasury Secretary Scott Bessent used a Oct. 31 X post to celebrate the 17th anniversary of the Bitcoin white paper, lauding the network’s "never shuts down" design and taking a jab at Senate Democrats amid a partial federal shutdown. The...
Analyst Says Ethereum Is the Best Ecosystem and Ether Is Poised to Top $5,000
Ether rose 1.5% to $3,822.60 on volume 19% above its seven‑day average before slipping after an upper‑band rejection near the $3,860‑$3,880 range. Analyst Michael van de Poppe argues that Ethereum’s developer activity and network effects make it the premier ecosystem...
Crypto Bank Custodia Suffers Another Court Rejection in Fed Master Account Pursuit
An appeals court in the 10th Circuit rejected Custodia Bank’s bid to compel the Federal Reserve to grant it a master account, upholding a lower‑court decision that the Fed has statutory discretion to deny such access. Custodia, a Wyoming‑chartered crypto‑focused...
The Bitcoin White Paper Offered a Blueprint for a More Reliable Financial System
Seventeen years after its release, the Bitcoin white paper is framed not merely as a technical milestone but as a blueprint for a more reliable financial system, highlighting longstanding weaknesses in global payments such as costly intermediaries, delayed settlements, and...
'Do Not Fear Ghosts of Fiat,' Says Bitcoin Policy Institute, as Bears Lurk at Resistance
Bitcoin hovered near $109,400 on Oct 31, 2025, rebounding from a $106,400 support floor to a $110,700‑$114,500 resistance cluster before settling into a tighter range as volume cooled. The CoinDesk technical model recorded a high‑volume sell‑off of 19,395 BTC, a V‑shaped rebound of...
Bitcoin Cash Breaks Above $550 as Volume Surges; Range Tightens Near Support
Bitcoin Cash (BCH) surged 2.6% to $554.52, breaking above the $550 barrier after a 130,078‑unit volume spike that pushed trading activity 328% above its average. The price then settled into a tight $553‑$556 consolidation box, with fresh support identified at...
Tether Profits Topped $10B in First Nine Months of Year; Starts Share Buyback Program
The stablecoin issuer saw strong growth in the third quarter, reporting a $17 billion increase in circulating USDT and $135 billion exposure to U.S. Treasuries.
Filecoin Rises Over 4%, Rebounding From Thursday's Drop
Filecoin (FIL) jumped 4.3% to $1.4792, rebounding from Thursday's sharp decline as the broader crypto market rallied. Trading volume spiked to 5.46 million tokens, a 98% increase over the 24‑hour average, confirming strong buying at the $1.41 support level. Technical analysis...
Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat
Coinbase reported third‑quarter transaction revenue of $1.05 billion and adjusted EBITDA of $801 million, both beating consensus estimates. While analysts agree the beat was driven by derivatives, subscription services and the Deribit integration, they diverge sharply on outlook: bullish analysts cite expanding...
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
Macquarie upgraded Core Scientific (CORZ) to Outperform from Neutral and lifted its price target to $34, roughly a 90% increase from the prior $18, after the CoreWeave merger collapsed. The failed deal gives the bitcoin‑miner‑turned‑AI‑infrastructure firm flexibility to lease its...
Brazil’s OranjeBTC Joins Wave of Struggling Crypto Treasury Firms Turning to Buybacks
Brazil's OranjeBTC, the country's largest bitcoin treasury firm, repurchased 99,600 shares for 1.12 million reais (about $220,000) to narrow the discount between its market price and the net asset value of its 3,708 bitcoin holdings, worth roughly $409 million. The buyback follows...
H.C. Wainwright Turns Bullish on Coinbase, Double Upgrades to Buy With $425 Target
H.C. Wainwright upgraded Coinbase (COIN) to a buy rating from sell and lifted its price target to $425, up from $300, just before the exchange released its third‑quarter results. Coinbase reported $1.9 billion in revenue, beating the $1.8 billion consensus, driven by...
Unveiling GoDark: Crypto’s New Institutional Dark Pool Backed by Copper, GSR, Others
GoDark, launched by GoQuant and backed by custodians Copper, GSR and a roster of institutional investors, is the first dedicated institutional dark pool for crypto, offering ultra‑low‑latency spot trading with plans to add futures, options and other derivatives. The platform...
Crypto Markets Today: Bitcoin Slips, Altcoins Slide as AI Spending Concerns Hit U.S. Equities
Bitcoin slipped 0.2% to just under $110,000 while the CoinDesk 20 Index fell 1.7% as a broader sell‑off in U.S. equities was triggered by Meta and Microsoft raising AI‑spending forecasts, sparking overspending concerns. Ether dropped 1.3% to $3,871 and a...
Strategy Eyes Global Credit Expansion With Focus on International Markets
Strategy (MSTR) reported record operating income of $12 billion and net income of $8.6 billion for the first nine months of 2025, delivering earnings per share of $27.71 and reversing last year’s losses. CEO Phong Le reaffirmed a plan to retire all convertible...
Bitcoin Slips, Weekly ETF Outflows Hit $600M on Macro Jitters: Crypto Daybook Americas
Bitcoin hovered around $110,000, slipping 0.3%, while ether dropped 1.3% to $3,840 as AI‑spending forecasts from Meta and Microsoft sparked broader equity sell‑offs and macro‑risk aversion. Spot Bitcoin ETFs saw $600 million of outflows this week, with ETH ETFs losing $184.3 million,...
T3 Financial Crime Unit, Backed by Tron, Tether, TRM Labs, Has Now Frozen $300M in Assets
The T3 Financial Crime Unit, a task force funded by stablecoin issuer Tether, the Tron blockchain and blockchain‑intelligence firm TRM Labs, announced it has frozen $300 million in illicit crypto assets in its first year of operation. Launched in September 2024, the...
Sam Bankman-Fried Posts Lengthy 'FTX Was Never Insolvent' Document
Sam Bankman‑Fried posted a 30‑page document on X asserting that FTX was never insolvent and that its assets, if marked‑to‑market, would be worth over $100 billion today, shifting blame to bankruptcy lawyers for the collapse. The filing includes tables of hypothetical...
ETH Selloff Meets Late Bounce as Volume Climbs; Range Tightens as Risk Appetite Plunges
Ethereum slipped to a session low of $3,731 before bouncing 1.35% to $3,772, with trading volume 32% above its seven‑day average. The price broke down through the $3,880 resistance level, then reclaimed the $3,760 checkpoint, tightening the near‑term range to...
Coinbase Tops Expectations as Transaction Revenue Hits $1B
Coinbase reported Q3 2025 revenue of $1.9 billion, a 58% year‑over‑year increase, driven by transaction revenue that more than doubled to $1 billion and adjusted EBITDA of $801 million. Trading volume hit $295 billion, with retail volume up 37% and institutional revenue more than...
XRP Plunges 8% as Fed Shock and Bitcoin Weakness Combine to Break $2.46 Floor
XRP fell about 8% on Thursday, sliding from $2.65 to $2.48 and breaking the key $2.46 support level that had anchored its month‑long range. The drop was fueled by intensified institutional selling and was accompanied by a volume spike of...
Cardano’s ADA Drops Amid Report of Whales Offloading $100M in Tokens
Cardano’s ADA token dropped over 6% in 24 hours, sliding from $0.642 to $0.605 and breaking the key $0.61 support level on volume that was 42% above its weekly average. The decline followed on‑chain data showing whale wallets—holding between 100 million...
SUI Slides as Token Unlock Concerns Trigger Breakdown to as Low as $2.27
SUI token fell to $2.27 after a 160% spike in trading volume triggered a cascade of stop‑loss orders. The plunge was driven by concerns that a sizable token unlock slated for November will flood the market with new supply. Despite...
Social Engineering Scams Top Crypto Threats in 2025: WhiteBit
WhiteBIT’s 2025 security report finds social engineering scams remain the leading threat to crypto users, accounting for 40.8% of all incidents, while technical wallet hacks such as phishing and malware represent 33.7%. The report highlights that messaging platforms, especially Telegram,...
Crypto M&A Heats Up as Big Banks and Fintechs Race to Scale: Citizens
Citizens Bank says crypto‑focused mergers and acquisitions are accelerating as banks and fintechs opt to buy rather than build blockchain infrastructure, driven by regulatory clarity and rising tokenization demand. The report highlights Mastercard’s advanced talks to acquire ZeroHash for up...
Bitcoin Slides Below $108K, Crypto Stocks Sink as 'Uptober' Disappoints
Bitcoin slipped below $108,000 on Thursday, a 7% drop from its $116,000 peak three days earlier, setting up its worst October performance since 2014. Major altcoins such as Ethereum, XRP, Solana and Dogecoin fell 5‑7% in the same period, and...
WisdomTree Debuts 14 Tokenized Funds on Plume Network
WisdomTree has launched 14 tokenized funds on the Plume blockchain, a platform that embeds KYC and AML controls at the protocol level. The rollout includes the Government Money Market Digital Fund, to which Galaxy Digital will commit $10 million, and a...
Crypto for Advisors: AI Agents and Internet Money
AI agents are being integrated into wealth management, enabling automated, real‑time DeFi investments and portfolio rebalancing with tokenized assets. Early adopters such as ParaFi, Exodus and Andreessen Horowitz project agents will handle up to 90% of on‑chain transactions by decade’s...
Injective’s TVL Climbs 14% Amid Buyback Launch, But INJ Token Sinks 8%
Injective’s total value locked surged about 14% in the last 24 hours, signaling a wave of new inflows into the protocol, while its native INJ token slipped roughly 8% over the same period. The platform launched a Community Buy‑Back program...
Ondo Taps Chainlink to Power Data Feeds for 100+ Tokenized Equities
Ondo Finance has appointed Chainlink as the official oracle provider for price feeds of its tokenized stocks and ETFs, covering more than 100 equities across ten blockchains with over $320 million locked. Chainlink will deliver custom feeds that include corporate actions...