Canaan Stock Surges as Q3 Revenue Doubles on Bitcoin Miner Demand
Canaan Inc.’s shares jumped nearly 21% after the Bitcoin‑mining hardware maker reported third‑quarter revenue of $150.5 million, up 104% year‑over‑year, driven by $118.6 million in mining‑equipment sales, with North American customers accounting for 31% of the total. The company also saw mining revenue surge 241% to $30 million and increased its Bitcoin holdings to 1,610 BTC, though it posted a $27 million net loss, narrower than the $75 million loss a year earlier. CFO James Jin Cheng highlighted repeat, sizable orders from U.S. clients, while CEO Nangeng Zhang noted that miners are balancing a shift toward AI with continued Bitcoin mining as a short‑term revenue source. The earnings beat came amid broader industry strength, with peers like HIVE Digital and BitFuFu also reporting double‑digit revenue growth.
Bitfury Pivots to Launch $1B Tech Fund After 14 Years of Mining Bitcoin
Bitfury, a pioneer Bitcoin miner founded in 2011, announced a strategic pivot to launch a $1 billion technology fund aimed at ethical AI, quantum computing, and crypto‑related startups, with deployments expected as early as Q4 2025. The capital will be sourced from...
Bitcoin Recovery Expected as Liquidity Conditions Change, but US Macro Remains a Threat
Bitcoin’s recent slide is tied to broader U.S. economic stress, but analysts expect a rebound as the Federal Reserve’s balance‑sheet ceiling and new repo operations should improve liquidity for risk assets. While the market awaits the Fed’s December rate decision—split...
New Toku–PDAX Partnership Lets Filipino Workers Receive Pay in Stablecoins
Toku, a global Web3 payroll provider, has partnered with PDAX, a regulated Philippine cryptocurrency exchange, to let Filipino remote workers receive wages in stablecoins and instantly convert them to pesos. The integration links Toku’s token‑based payroll system with PDAX’s cash‑out...
Marshall Islands Launches Universal Basic Income Program Using Digital Wallet
The Republic of the Marshall Islands has launched a digital wallet called Lomalo, using the US dollar‑pegged stablecoin USDM1, to distribute its universal basic income (UBI) program, with the first payouts slated for late November. The rollout follows a September...
Paxos Debuts USDG0 to Extend Its Regulated Stablecoin Across Multiple Blockchains
Paxos Labs announced the launch of USDG0, an omnichain extension of its regulated USDG stablecoin that uses LayerZero’s OFT standard to move a single native asset across multiple blockchains—including Hyperliquid, Plume and Aptos—without creating wrapped versions. The token retains a...
Bitcoin Charts Flag $75K Bottom, but Analysts Predict 40% Rally Before 2025 Ends
Bitcoin slipped below its MVRV Mean band for the first time since 2022, flagging a near‑term downside target around $75,700 and a deeper risk zone near $52,800 if the teal band is breached. The move follows a 30% pullback from...
Bitcoin Finally Bounces, Outpacing Stocks Ahead of Nvidia Earnings: Will the BTC Rally Hold?
Bitcoin surged 4% on Tuesday, climbing from an intraday low of $89,300 to a high near $93,700 and outpacing a broad sell‑off in U.S. equities as tech stocks slipped ahead of Nvidia’s Q3 earnings. The rally originated from a key...
ETH Falls Into ‘Buy Zone,’ but Volatility-Adverse Traders Take a Wait-and-See Approach
Ethereum slipped nearly 20% in November, retesting the $3,000 level for the first time since July and entering a clear daily downtrend. The Mayer Multiple dropped below 1 – a historic buy‑zone signal that has preceded multi‑month recoveries in the...
Stablecoin Giant Tether Backs Ledn, Targets Global Crypto Lending
Stablecoin issuer Tether announced a strategic investment in crypto‑lending platform Ledn, aimed at expanding infrastructure that lets businesses and individuals obtain liquidity against Bitcoin without selling the asset. Ledn, operating in over 100 countries, reported $392 million of Bitcoin‑backed loans originated...
The Hijacking of the American Dream: Why Bitcoin Is for Everyone — Author
Natalie Brunell, author of “Bitcoin is for Everyone,” argues that recurring financial crises and expanding money supply have eroded purchasing power and social mobility, positioning Bitcoin’s fixed 21 million supply as a hedge against inflation. She links fiat‑induced price rises to...
Retail Vs. Whales: Who Actually Drives the Santa Rally?
The article examines the drivers behind the seasonal "Santa Rally" in both equities and cryptocurrencies, weighing the influence of retail traders against large‑institutional "whales." It notes that low institutional activity in the final week of December amplifies the price impact...
Cloudflare Outage Hits Multiple Crypto Websites, Social Media Channels
Cloudflare experienced an internal service degradation on Tuesday at 11:48 am UTC, causing a crash in its traffic‑management software and temporarily blocking front‑end access to numerous crypto sites such as Coinbase, Blockchain.com, Ledger, BitMEX and DefiLlama, as well as social platforms like...
Brazil Weighs Tax on International Crypto Transfers as It Aligns Rules with CARF
Brazil is weighing an expansion of its Imposto sobre Operações Financeiras (IOF) tax to cover cryptocurrency‑based cross‑border payments, as the Federal Revenue Service aligns crypto‑transaction reporting with the OECD’s Crypto‑Asset Reporting Framework (CARF). A recent legal act dated Nov. 14 will...
Crypto Private Key Theft Is Now Big Business: Here’s What to Know
Private key theft has become an automated, industrialized threat, highlighting the need for crypto users to remain vigilant, according to a report by GK8, a subsidiary of Galaxy Digital.
Pantera-Backed aPriori Silent After One Entity Claims 60% of Airdrop
About 60% of aPriori’s APR airdrop was claimed by a single entity across 14,000 interconnected wallets, according to Bubblemaps.
How Pi Network’s 50M Nodes Could Reshape the Future of Decentralized AI
Pi is turning its giant mobile community into a distributed compute grid, testing whether AI can run on a global crowd instead of the cloud.
El Salvador’s Latest $100M Bitcoin Haul Rekindles Questions Around IMF Program
El Salvador says it has bought 1,090 BTC worth over $100 million, raising questions about an IMF loan pledge to limit Bitcoin exposure and fiscal risks.
Libra Token-Linked Wallets Pull $4M and Bet Big on Solana
Wallets tied to the Libra token continue to draw liquidity and have purchased $61.5 million in Solana, despite asset freezes and fraud probes.
Grab Deepens Stablecoin Push with StraitsX Web3 Wallet and Settlements
Southeast Asian super app Grab’s MOU with StraitsX shifts its Web3 efforts from pilots to infrastructure, exploring a unified stablecoin settlement layer across Asia.
ARK Invest Scoops $10M in Bullish as It Hits Record Low Amid Crypto Stock Rout
Crypto stocks plunged on Monday, with Coinbase, Marathon Digital, Riot, CleanSpark, Circle and Strategy all sliding sharply.
Average Bitcoin ETF Investor Now Underwater as BTC Falls Below $89.6K
Bitcoin and Ether ETFs saw another day of heavy withdrawals, while Solana ETFs maintained an uninterrupted inflow streak since launch.
SEC Makes No Specific Mention of Crypto in 2026 Exam Priorities
The Securities and Exchange Commission’s latest examination priorities document didn’t mention crypto as an area of focus for the coming year, unlike in previous years.
Efforts Underway to Digitize Trade in Africa with Blockchain, Stablecoins
Chido Munyati, head of Africa at the World Economic Forum, said in a statement that outdated payments and documents are a significant obstacle for African trade, one that he hopes digitization can solve.
Bitcoin Miner HIVE Shares Boost 7.5% on Record Quarterly Revenue
HIVE Digital has reported record revenues for its latest quarter, spurred by rising Bitcoin prices and an expansion of its mining fleet.
Bitcoin Whales Switch to Buying Amid ‘Extreme Fear’
On-chain data reveals the number of Bitcoin whales have been increasing since the start of October.
Bitcoin Sinks Under $90K: BitMine, Bitwise Execs Tip Bottom This Week
Bitwise’s Matt Hougan said a price bottom is coming soon and will present a “generational opportunity” and a “gift for long-term investors.”
Crypto Bank AMINA Gets Hong Kong License to Launch Institutional Trading
Crypto-friendly AMINA Bank has secured a license to expand its institutional crypto services in Hong Kong, a market where crypto trading volumes rose 233% in the first half of 2025.
VanEck Solana ETF Goes Live, Grayscale DOGE ETF Expected on Monday
The flood of crypto ETFs has begun, with VanEck’s Solana ETF launching on Monday, and many more ETFs expected to go live over the next week.
XRP ‘Structurally Fragile’ as 41.5% of Supply at a Loss
XRP supply in profit is at its lowest levels in 12 months, and one analyst has warned of further downside if investors decide to cut their losses. Could XRP ETFs bring the bulls back?
Digital Chamber Seeks to Guide Crypto Policy Across US States
Cody Carbone, CEO of The Digital Chamber, said in a statement that through collaboration with nonprofit Future Caucus, the initiative hopes to develop leaders ready to introduce and support crypto legislation.
White House Weighs IRS Bid to Tax Foreign Crypto Accounts via CARF
The White House is reviewing a proposal to join an international crypto tax standard that could deter Americans from moving their digital assets to offshore exchanges.
Crypto Firm LevelField Secures Illinois Approval to Buy Chicago Bank
LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank.
ETH Falls to 4-Month Low Under $3K: Is the Bull Market Over?
ETH price fell below $3,000 for the first time since July. Cointelegraph explains what is required for a trend reversal.
How Market Structure Votes Could Influence 2026 Crypto Voters
A community director at the advocacy organization Stand With Crypto said US lawmakers’ voting records on a pending market structure bill could impact their reelection chances.
XRP Traders Hope Fresh Wave of ETF Launches Will Restore the Bull Trend
A handful of XRP ETFs could launch this week, leading traders to predict the start of a new rally, but the desired bullish momentum is dependent on the altcoin holding above $2.20.
Price Predictions 11/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.
Cboe to Launch Perpetual-Style Bitcoin and Ether Futures in US
The exchange's 10-year Bitcoin and Ether contracts mimic perpetuals through daily cash adjustments, giving users a regulated way to trade crypto futures in the US.
$1T Crypto Market Drawdown Masks Bitcoin’s Strong Fundamentals: Coinbase Exec
Despite a $1 trillion crypto wipeout, a Coinbase executive said Bitcoin’s decline is structural and not bearish since few fundamentals have changed since its September price peak.
Rare Bitcoin Futures Signal Could Catch Traders Off-Guard: Is a Bottom Forming?
Bitcoin futures flip negative for the first time since March as internal flows surge and the market downturn deepens.
What Happens if You Don’t Pay Taxes on Your Crypto Holdings?
Failing to report or pay taxes on cryptocurrency gains can lead to significant penalties, interest, and potential criminal charges, as tax authorities treat undeclared crypto like other taxable assets. Penalties can include fines, back taxes with interest, accuracy-related penalties up...
Australian Crypto Firms Back Draft Laws, but ‘Critical Questions’ Remain
Australia’s major crypto exchanges have broadly welcomed the government’s draft crypto legislation as a step toward formalizing the industry, but have warned Treasury that key details remain unresolved. Firms praised the move to create a regulatory framework covering digital asset...
Bitcoin Finally Escapes ‘Fear’ as Confidence Tiptoes Back Into Crypto
The Crypto Fear & Greed Index has moved out of “fear” into neutral for the first time since the mid‑October selloff tied to Trump’s China tariff scare, signaling a tentative restoration of investor confidence in crypto. Bitcoin’s sentiment shift reflects...
Javier Milei’s Crypto-Friendly Party Wins Argentine Midterm
Javier Milei’s libertarian, crypto-friendly La Libertad Avanza party scored a decisive victory in Argentina’s midterm elections, solidifying Milei as the clear frontrunner for the 2027 presidential race. The result strengthens his mandate to pursue market-friendly reforms — including deregulation, potential...
‘Attack on Bitcoin’ — Bitcoiners Slam ‘Legal Threats’ in Soft Fork Proposal
A new Bitcoin improvement proposal seeks a one-year soft fork to freeze protocol changes while developers resolve a contentious transaction-filtering debate, but language in the draft referencing legal threats and liability protections has provoked sharp backlash from Bitcoin community members....
Mt. Gox’s Security Flaws Cost Millions. Could AI Have Spotted Them?
A new AI-assisted post-mortem by Mt. Gox’s former CEO revisits the exchange’s historic security failures that led to multimillion-dollar losses and its collapse, asking whether modern AI tools could have detected vulnerabilities earlier. The analysis highlights specific lapses in key...
Bitcoin Is No Inflation Hedge but Thrives when the Dollar Wobbles: NYDIG
NYDIG strategist Greg Cipolaro said Bitcoin has not proven to be a reliable inflation hedge, but has "evolved into a liquidity barometer" that performs well when the U.S. dollar weakens or liquidity conditions loosen. The firm observed stronger Bitcoin gains...
Zcash Pumps 30% After Arthur Hayes’ ‘Vibe Check’ Tips $10K Target
Zcash surged about 30% after former BitMEX CEO Arthur Hayes issued a bullish “vibe check” suggesting a $10,000 price target, fueling short-term buying. The token has rallied roughly 490% over the past 30 days and topped a $5 billion market...
Money Giant Western Union to Pilot Stablecoin-Powered Transfers
Western Union said it will pilot stablecoin-powered transfers as part of an effort to tap “significant opportunities” in using stablecoins for cross-border sending and receiving of money. The move positions the 170-year-old money-transfer giant to test faster settlement and lower-cost...
‘The Claim that L2s Inherit ETH Security Is Erroneous’ — Solana Co-Founder
Solana co‑founder Anatoly Yakovenko publicly disputed the common industry claim that Ethereum layer‑2s inherit Ethereum’s security, arguing L2s suffer from significant security flaws and centralization risks—including sequencer control and limited economic decentralization—even though they settle on ETH. He warned these...