Crypto

For years, Solana was seen as crypto’s fast but fragile alternative to Ethereum, which was admired for its speed but dismissed as untested. However, that perception shifted dramatically this week. Record launch On Oct. 28, Bitwise’s Solana Staking ETF (BSOL) debuted with $69 million in first-day inflows, the strongest launch among roughly 850 ETFs introduced […] The post How Solana’s ETF success will propel SOL price to new heights above $500 appeared first on CryptoSlate.

Positive regulatory developments in the US over the last 12 months are a good sign for the digital asset industry and markets, the Strategy co-founder said. Michael Saylor, the co-founder of Strategy, the biggest Bitcoin (BTC) treasury company by holdings, forecast that Bitcoin would hit $150,000 by the end of 2025. “I think that these 12 months have probably been the best 12 months in the history of the industry,” Saylor told CNBC at the Money 20/20 conference in Las Vegas on Monday.  Saylor cited the Securities and Exchange Commission (SEC) embracing tokenized securities, US Treasury Secretary Scott Bessent endorsing stablecoins to protect dollar dominance, and the overall regulatory pivot in the US as reasons to remain bullish. He said: Read more

Bitcoin fell over 4 percent to near $111,000 on Wednesday as U.S. equities set new highs ahead of the Federal Reserve decision, a divergence driven more by crypto’s positioning and flows than a broad macro risk-off. Nvidia crossed $5 trillion in market value, concentrating stock gains in a handful of AI leaders even as crypto […] The post Crypto market loses $100 billion in market cap while S&P hits new highs appeared first on CryptoSlate.

No surprises today as the US Federal Reserve announces the second consecutive rate cut of 25 basis points.

Recent jobs data and other economic indicators have pointed to a slowing economy.

Headed lower on Wednesday ahead of the decision, bitcoin remained so in the minutes following the news at $111,700, down 3% over the past 24 hours.

Many in Congress are scrutinizing Donald Trump’s presidential pardon of Changpeng Zhao, but Senator Elizabeth Warren’s comments drew attention from the former Binance CEO. Former Binance CEO Changpeng “CZ” Zhao is reportedly considering filing a libel suit against Massachusetts Senator Elizabeth Warren over claims related to him allegedly bribing US President Donald Trump for a pardon. According to a Tuesday New York Post report, Zhao’s lawyer, Teresa Goody Guillén, a partner at Baker & Hostetler, said the former Binance CEO plans to file a lawsuit unless Warren retracts claims she made in an Oct. 23 X post following his presidential pardon.  The social media post, which now includes context from readers, claimed CZ “pleaded guilty to a criminal money laundering charge,” leading to his four-month prison sentence in 2024. Zhao pleaded guilty to one charge related to his failure to maintain an effective Anti-Money Laundering program at Binance in November 2023 — a violation of the Bank Secrecy Act. Read more

Telegram founder Pavel Durov unveiled Cocoon—a TON-powered network where GPU owners earn crypto for providing private AI compute.

Many crypto firms increased year-over-year spending 25% in 2024.

The bipartisan GUARD Act would criminalize exploitative AI interactions with children and require companies to disclose when users are speaking to a machine.

XLM demonstrates resilience with modest gains and exceptional volume surge, signaling potential momentum building beneath current consolidation patterns.

Barclays, JP Morgan and Compass Point see gains in USDC and trading, but clash over Base, Deribit and profit margins.

Visa’s growing stablecoin network positions it as the key infrastructure player in blockchain payments, while individual tokens risk becoming commoditized assets.

Bitcoin swing traders took profits, and bears opened fresh shorts after BTC failed to recapture levels above $118,000. Will today’s FOMC presser kickstart a trend reversal in BTC and altcoins? Key points: Bitcoin’s failure to rise above $118,000 may have attracted profit-booking by short-term traders, resulting in a drop toward $107,000. Several major altcoins turned down from their overhead resistance levels, signaling that the bears remain sellers on rallies. Read more

Hedera faces selling pressure at $0.2055 resistance as trading volume explodes 137% above average, marking institutional distribution amid choppy price action.

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

The new project, dubbed Cocoon, aims to give users access to AI tools without surrendering their data to centralized providers. Pavel Durov, co-founder of the messaging application Telegram, has disclosed a new decentralized AI network to be built atop The Open Network (TON), an independent layer-1 blockchain associated with Telegram. Durov took the stage at the Blockchain Life 2025 forum in Abu Dhabi, United Arab Emirates, to announce the Confidential Compute Open Network, or Cocoon, created to give users access to AI-driven features without sacrificing data privacy to centralized AI providers. According to Durov, users can make the processing power from their graphics processing units (GPUs) available to the network, in exchange for receiving Toncoin (TON), the native token of TON. Durov also touched on why decentralized AI is needed for human freedom: Read more

At least two Massachusetts individuals fell victim to a Bitcoin ATM scam that lured them to transfer funds claiming they missed jury duty.

Check out which cryptocurrencies will be removed from Binance's platform on November 12.

ZachXBT flags BlockDAG's $370M presale of a hidden founder allegedly linked to scams amid further fraud concerns surrounding the project, prolonged sale, unverified funds & lack of mainnet. The post BlockDAG’s $433M Presale in Crisis After ZachXBT Links Founder to Past Scams appeared first on Cryptonews.