Crypto

Japan’s banks plan a ¥1 trillion stablecoin, Singapore’s rules are maturing, and China tightens control as Asia’s strategies diverge.

BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase. BitMine chairman Tom Lee has confirmed the company went on an Ether buying spree after the crypto market saw one of its most significant deleveraging events earlier this month.  “Open interest for ETH sits at the same levels as seen on June 30th of this year, ETH was $2,500, given the expected Supercycle for Ethereum, this price dislocation represents an attractive risk/reward,” he said in a statement on Monday.  BitMine bought up another $250 million Ether (ETH) on Monday from crypto exchanges Bitgo and Kraken, according to blockchain analytics platform Arkham Intelligence.  Read more

Glassnode says last week’s selloff “cleared out excess without breaking structure,” while Enflux points to renewed institutional layering from Blockchain.com’s SPAC and Bitmine’s $800 million ETH buildout as signs of deeper market resilience.

The U.S. government shutdown may drag on for almost another month to become the longest in American history, Polymarket bettors predict.Majority Of Polymarket Bettors Predict Lengthy ShutdownAccording to the decentralized prediction market’s website, 25% of Polymarket bettors predict that the U.S. government shutdown will last until at least November 16.Should the prediction come true, it […] The post U.S. Government Shutdown Won’t End Until End of November, Polymarket Bettors Predict appeared first on Cryptonews.

GOP lawmakers are scheduling a followup meeting with crypto CEOs after they meet this week with Senate Democrats on the market structure bill, sources say.

Bitcoin's recent slip under $104K saw the market enter “extreme fear” territory for the first time since April.

X's new marketplace lets Premium subscribers claim inactive usernames, with rare handles priced up to seven figures.

Short-term Bitcoin traders appear to be sweating over the next breakout.

The main goal of VCs is to "suck as much value as possible” from Ethereum, but they remain necessary bridges for global capital entering the crypto industry, according to Lubin. Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world's largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum. The main goal of VCs like Paradigm is to "suck as much value as possible from the Ethereum and broader ecosystem," while their secondary goals include "progressing the systems towards rigorous decentralization," wrote Lubin in a Monday X post, adding that there is “no reason for concern.” Lubin's comments come shortly after the departure of two key Ethereum researchers, which caused renewed concerns over the potential influence of centralized funds over Ethereum’s development. Read more

Available to Premium X users, the new marketplace could see rare usernames sell for up to seven figures. Social media platform X is rolling out a new Handles Marketplace that allows users to bid on inactive usernames, a move that could reshape how digital identity and online branding are valued. Currently in beta, the marketplace lets users join a waitlist for upcoming handle drop events, request handles through their Premium subscriptions and browse eligible inactive accounts. The company described it as a “solution to redistribute handles that are no longer in use,” available only to paying subscribers. According to TechCrunch, rare handles could sell for anywhere from $2,500 to over $1 million, depending on their popularity, character length and cultural relevance. Premium+ subscribers can submit free requests for “priority” handles, while others may purchase “rare” handles directly. Read more

House of Doge, the Dogecoin Foundation's commercial arm, is betting big on a European soccer club from Italy's Serie C league.

Solana co-founder Anatoly Yakovenko has unveiled Percolator on Solana, presenting an implementation-ready DEX design for native Perp markets. The release has arrived as Solana’s perp volumes have softened while Hyperliquid and Aster have expanded their share. The post Solana Founder Unveils ‘Percolator’ Perp DEX – A Direct Shot at Aster and Hyperliquid appeared first on Cryptonews.

Solana’s Yakovenko said he was just “messing around” with AI and never meant for the code to be public.

The rebound in crypto prices won't be short-lived as key market metrics show signs of recovery, Arca analysts said in a Monday note.

Three days ago, traders were betting Bitcoin would crash to $100K. Now the odds have reversed—but do the charts agree?

Zohran Mamdani has led on Polymarket with 93% as bettors have priced in momentum, while Andrew Cuomo has proposed a chief innovation officer drawn from crypto, AI, and biotech advisors. AARP–Gotham Polling has reported 43.2% for Mamdani versus 28.9% for Cuomo with weeks remaining. The post Zohran Mamdani Sees Odds Rise To 93% On Polymarket Amid Cuomo’s Crypto Pledge appeared first on Cryptonews.

The Michigan Lottery confirmed the big ChatGPT-assisted Powerball win, but stressed that AI cannot predict random lottery results.

ChatGPT's XRP analysis has placed XRP at $2.4716 (+3.7%) below the 20/50/100/200-day EMAs, with RSI at 36.43 and MACD negative, as Ripple-backed Evernorth has planned a Nasdaq listing to raise over $1B for an open-market XRP treasury; Chris Larsen has sold 50M XRP. The post ChatGPT’s XRP Analysis: $2.47 Bounces 3.7% as Ripple-Backed Evernorth Plans $1B NASDAQ Listing appeared first on Cryptonews.

Will there be an altcoin season soon in 2025? Here is what three popular AIs "think" about it.

Grok, DeepSeek, and Claude are posting serious gains in Alpha Arena’s live, real-money AI trading test, rattling Wall Street in the process.