Crypto

Altcoins could rally as Bitcoin consolidates, but overleveraging may trigger cascading liquidations.

Chainalysis has found that crypto assets associated with criminals and their networks have totaled about $75B, with darknet markets leading, routes to exchanges persisting, and behavior differing across BTC, ETH, and stablecoins. The post Criminals and Their Networks Hold $75B in Crypto Assets, Says Chainalysis appeared first on Cryptonews.

After having their private key leaked, a Hyperliquid user lost $21 million—a painful reminder of the importance of personal security.

Strategy’s market net asset value (mNAV) compared to Bitcoin (BTC) its holdings dropped to 1.174 on Oct. 10, the lowest level in almost two years. The company’s shares fell 3% to $307.95 amid broader weakness in the crypto market, translating to a market cap of $88.4 billion. Strategy is the 121st-largest US public company, holding […] The post Strategy’s Bitcoin mNAV collapses to 1.174, lowest since February 2024 appeared first on CryptoSlate.

An $11 billion Bitcoin whale returned to crypto markets this week, likely seeking trading opportunities tied to October’s historic crypto rallies and uncertainty in the US. Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs. Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned after a two-month hiatus to transfer another $360 million in BTC, signaling a potential rotation into the world’s second-largest cryptocurrency, with an additional $5 billion left in their wallet. In another potential Uptober catalyst, the US Securities and Exchange Commission (SEC) received 31 crypto exchange-traded fund (ETF) applications, with 21 of them filed during the first eight days of October. Read more

The Venezuelan opposition leader has championed Bitcoin as a lifeline for individuals trying to protect their wealth or attempting to flee the country. María Corina Machado, a human rights activist and political opposition leader in Venezuela who has called Bitcoin a “lifeline” for Venezuelans, received the 2025 Nobel Peace Prize for promoting democracy in the South American country. Machado praised Bitcoin (BTC) as a pro-freedom technology in a 2024 interview with Alex Gladstein, chief strategy officer at the nonprofit Human Rights Foundation. She said: The only way to help Venezuela’s poorest is by ensuring property rights, low inflation, equal access to opportunity, and government,” she said.  Read more

British investment platform Hargreaves Lansdown has warned users to stay away from Bitcoin, saying crypto has "no intrinsic value."

A Hyperliquid trader lost $21 million in a private key exploit, raising new concerns about DeFi security and user vigilance amid growing DEX activity. On Thursday, a single user on the decentralized trading platform Hyperliquid lost about $21 million after a private key leak led to an exploit involving the platform’s Hyperdrive lending protocol. According to blockchain security company PeckShield, the attacker targeted 17.75 million DAI (DAI) and 3.11 million SyrupUSDC, a synthetic version of the USDC stablecoin used within Hyperdrive, and subsequently bridged the stolen funds to Ethereum. PeckShield has not confirmed how the private key was compromised. Read more

The odds of the eventual Nobel Peace Prize winner’s victory surged on the prediction market from near-zero to over 70%, several hours before the news was made public.

Traders exit positions as cryptocurrency breaks key technical levels amid broader market uncertainty.

Major rally or the end of the bull run: what is next for BTC?

The group of banks said the stablecoin initiative would explore the “benefits of digital assets” in bringing new products to the market. A group of banks is in the process of exploring the launch of stablecoins focused on some of the world’s biggest fiat currencies, including the US dollar, euro and Japanese yen. According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi said that they had launched a project to explore the “issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains” linked to currencies from the Group of Seven (G7) countries: the United States, Canada, the United Kingdom, France, Germany, Italy and Japan.  “The objective of the initiative is to explore whether a new industry-wide offering could bring the benefits of digital assets and enhance competition across the market, while ensuring full compliance with regulatory requirements and best practice risk management,” ...

Some on-chain investment funds may arrive packaged as “innovation” but conceal higher costs, weaker protections, or unnecessary complexity, Prometheum’s co-CEO Aaron Kaplan argues.

President Trump said Friday that China may face even more severe tariffs, sending Bitcoin and other assets down alongside stock indices.

Cryptos came under pressure as a potential U.S.-China trade war once again on the table.

A high-stakes capital race has redefined the prediction market. Kalshi’s $300 million raise at a $5 billion valuation positioned it as the most valuable CFTC-regulated event-contract exchange in history. The firm’s expansion into 140 countries and growing list of macro and cultural markets seemed to cement its place as the global leader. Around the same […] The post Why Kalshi’s $5B valuation puts Polymarket on notice appeared first on CryptoSlate.

The liquidations are up to $250 million in just an hour. BTC plunged below $110K.

The regulator cited industry feedback to a consultation on the changes, and the need for global alignment on prudential standards.

Ruling preserves CoinSwitch's ability to recover frozen funds, dismisses WazirX appeal on loss-sharing restructuring scheme.

American Ventures LLC, of which Dominari is a member, made an undisclosed investment in the Hemispheres Foundation, the principal stewards of the Hemi project.