Cointelegraph.com
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Cointelegraph.com - 21:37 Oct 31, 2025
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more -
Cointelegraph.com - 21:37 Oct 31, 2025
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote from the Senate Commerce Committee on a bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more -
Cointelegraph.com - 21:37 Oct 31, 2025
Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state. A vote on a Senate Commerce Committee bill aimed at deregulating crypto mining in New Hampshire was split on Thursday, after senators reported that public feedback on the bill had surged since it was last debated. After being deadlocked twice, once on advancing the bill and again on rejecting it, the committee ultimately voted 4–2 to send the measure for further review in an interim study, as first reported by the New Hampshire Bulletin. House Bill 639 would prevent municipalities from creating restrictions on crypto mining, such as rules around electricity use or noise, as well as prohibit state and local authorities from levying taxes unique to digital assets. Read more -
Cointelegraph.com - 21:21 Oct 31, 2025
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more -
Cointelegraph.com - 21:21 Oct 31, 2025
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more -
Cointelegraph.com - 21:21 Oct 31, 2025
The lack of understanding about Bitcoin's economic properties will result in a market dump at the first sign of trouble, Vineet Budki said. The price of Bitcoin (BTC) will continue to experience cyclical booms and busts, resulting in a drawdown of up to 70% during the next market downturn, according to Vineet Budki, CEO of venture firm Sigma Capital. There will be a BTC retracement of 65% to 70% in the next two years because traders do not understand the asset they are holding, Budki told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. He said: Despite this, Budki still forecasts that Bitcoin will reach $1 million or more per coin within the next 10 years and stated that user adoption will grow from a combination of price speculation and, more importantly, real-world BTC use cases. Read more -
Cointelegraph.com - 21:15 Oct 31, 2025
Many crypto users online praised the decision but continued to criticize the exchange for freezing the funds in the first place. About three months after a pseudonymous crypto trader reported that the MEXC exchange had frozen about $3 million worth of their holdings, a representative publicly apologized and released the funds. In a Friday X post, MEXC Chief Strategy Officer Cecilia Hsueh said the exchange “f***-ed up” in handling a situation with a crypto user called the White Whale. In July, MEXC froze $3.1 million of the user’s funds, allegedly due to the exchange’s “risk control rules.” “We apologize to [the White Whale], and his money is already released,” said Hsueh. “He can claim it at any time. I messed up in communicating with him. I got emotional, and I shouldn’t have.” Read more -
Cointelegraph.com - 21:15 Oct 31, 2025
Many crypto users online praised the decision but continued to criticize the exchange for freezing the funds in the first place. About three months after a pseudonymous crypto trader reported that the MEXC exchange had frozen about $3 million worth of their holdings, a representative publicly apologized and released the funds. In a Friday X post, MEXC Chief Strategy Officer Cecilia Hsueh said the exchange “f***-ed up” in handling a situation with a crypto user called the White Whale. In July, MEXC froze $3.1 million of the user’s funds, allegedly due to the exchange’s “risk control rules.” “We apologize to [the White Whale], and his money is already released,” said Hsueh. “He can claim it at any time. I messed up in communicating with him. I got emotional, and I shouldn’t have.” Read more -
Cointelegraph.com - 21:15 Oct 31, 2025
Many crypto users online praised the decision but continued to criticize the exchange for freezing the funds in the first place. About three months after a pseudonymous crypto trader reported that the MEXC exchange had frozen about $3 million worth of their holdings, a representative publicly apologized and released the funds. In a Friday X post, MEXC Chief Strategy Officer Cecilia Hsueh said the exchange “fucked up” in handling a situation with a crypto user called the White Whale. In July, MEXC froze $3.1 million of the user’s funds, allegedly due to the exchange’s “risk control rules.” “We apologize to [the White Whale], and his money is already released,” said Hsueh. “He can claim it at any time. I messed up in communicating with him. I got emotional, and I shouldn’t have.” Read more -
Cointelegraph.com - 20:25 Oct 31, 2025
Borderless Capital’s Amit Mehra said quantum computing remains years away from threatening Bitcoin, though rapid advances could make post-quantum security urgent. Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. When asked what trends Borderless Capital was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was “diving deep into quantum compute” and looking at how companies are developing quantum resistance technology. Mehra said quantum computing will take until the end of the decade to develop. Still, he said, people tend to underestimate the rapid evolution of technology: Read more -
Cointelegraph.com - 20:25 Oct 31, 2025
Borderless Capital’s Amit Mehra said quantum computing remains years away from threatening Bitcoin, though rapid advances could make post-quantum security urgent. Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. When asked what trends Borderless Capital was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was “diving deep into quantum compute” and looking at how companies are developing quantum resistance technology. Mehra said quantum computing will take until the end of the decade to develop. Still, he said, people tend to underestimate the rapid evolution of technology: Read more -
Cointelegraph.com - 20:25 Oct 31, 2025
Borderless Capital’s Amit Mehra said quantum computing remains years away from threatening Bitcoin, though rapid advances could make post-quantum security urgent. Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital. When asked what trends Borderless Capital was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was “diving deep into quantum compute” and looking at how companies are developing quantum resistance technology. Mehra said quantum computing will take until the end of the decade to develop. Still, he said, people tend to underestimate the rapid evolution of technology: Read more -
Cointelegraph.com - 20:09 Oct 31, 2025
Bitcoin bulls defended the $107,000 level, but the net outflows from the spot Bitcoin ETFs increase the risk of a breakdown in the near term. Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Read more -
Cointelegraph.com - 20:09 Oct 31, 2025
Bitcoin bulls defended the $107,000 level, but the net outflows from the spot Bitcoin ETFs increase the risk of a breakdown in the near term. Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Read more -
Cointelegraph.com - 20:09 Oct 31, 2025
Bitcoin bulls defended the $107,000 level, but the net outflows from the spot Bitcoin ETFs increase the risk of a breakdown in the near term. Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Read more -
Cointelegraph.com - 20:00 Oct 31, 2025
Citi and Western Union lead Wall Street’s stablecoin charge as Bitcoin miners and lenders shake up the post-halving crypto landscape. The race to develop stablecoin infrastructure is heating up across Wall Street and corporate America. Citigroup is moving ahead with plans to expand its stablecoin payment capabilities, amid growing speculation that major financial institutions are exploring stablecoin initiatives following the passage of the US GENIUS Act — comprehensive legislation expected to take effect in early 2027. The momentum extends beyond banks. Western Union announced plans to build a stablecoin payment network on Solana, underscoring how traditional payment providers are embracing blockchain for faster and cheaper cross-border transactions. Meanwhile, the Bitcoin (BTC) mining landscape is becoming increasingly competitive, with smaller operators rapidly closing the gap on industry leaders. And in digital lending, Ledn reported more than $1 billion in Bitcoin-backed loan originations this year — evi... -
Cointelegraph.com - 20:00 Oct 31, 2025
Citi and Western Union lead Wall Street’s stablecoin charge as Bitcoin miners and lenders shake up the post-halving crypto landscape. The race to develop stablecoin infrastructure is heating up across Wall Street and corporate America. Citigroup is moving ahead with plans to expand its stablecoin payment capabilities, amid growing speculation that major financial institutions are exploring stablecoin initiatives following the passage of the US GENIUS Act — comprehensive legislation expected to take effect in early 2027. The momentum extends beyond banks. Western Union announced plans to build a stablecoin payment network on Solana, underscoring how traditional payment providers are embracing blockchain for faster and cheaper cross-border transactions. Meanwhile, the Bitcoin (BTC) mining landscape is becoming increasingly competitive, with smaller operators rapidly closing the gap on industry leaders. And in digital lending, Ledn reported more than $1 billion in Bitcoin-backed loan originations this year — evi... -
Cointelegraph.com - 19:59 Oct 31, 2025
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US Treasury Secretary Scott Bessent praised Singapore’s approach to digital asset regulation. The Bitcoin white paper, published by Satoshi Nakamoto, turned 17 years old, but a struggling BTC price has marred the occasion, as it faces its first red October in seven years. Elsewhere, Michael Saylor said that Strategy is unlikely to look at acquiring other Bitcoin treasury firms as there’s too much uncertainty. US Treasury Secretary Scott Bessent has praised Singapore’s proactive approach to digital assets and stablecoin regulation, highlighting what he described as a model for effective and secure innovation in financial technology. Speaking at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea, Bessent met with Singapore Prime Minister Lawrence Wong to discuss financial cooperation and the future of digital ... -
Cointelegraph.com - 19:18 Oct 31, 2025
Custodia said it was “actively considering” petitioning the appellate court for a rehearing following the Tenth Circuit judgment, filed more than five years after its application. A US appellate court has ruled against Custodia Bank, the crypto-friendly institution founded by Caitlin Long, siding with the Federal Reserve in a lower court decision. In a Friday judgment in the US Court of Appeals for the Tenth Circuit, three circuit judges affirmed a lower court ruling in the District of Wyoming. The appeal, filed in April 2024 after the court ruled against granting Custodia a US Federal Reserve master account, was the latest setback since the crypto-friendly bank first submitted its application in October 2020. “This case comes clothed in 21st Century terms: cryptocurrency, digital assets, instant wire transfers, and master accounts,” said the Friday judgment. “But there is nothing new about this issue. Courts have probed the legality of our nation’s central bank and interpreted the relevant statutes since the... -
Cointelegraph.com - 19:18 Oct 31, 2025
Custodia said it was “actively considering” petitioning the appellate court for a rehearing following the Tenth Circuit judgment, filed more than five years after its application. A US appellate court has ruled against Custodia Bank, the crypto-friendly institution founded by Caitlin Long, siding with the Federal Reserve in a lower court decision. In a Friday judgment in the US Court of Appeals for the Tenth Circuit, three circuit judges affirmed a lower court ruling in the District of Wyoming. The appeal, filed in April 2024 after the court ruled against granting Custodia a US Federal Reserve master account, was the latest setback since the crypto-friendly bank first submitted its application in October 2020. “This case comes clothed in 21st Century terms: cryptocurrency, digital assets, instant wire transfers, and master accounts,” said the Friday judgment. “But there is nothing new about this issue. Courts have probed the legality of our nation’s central bank and interpreted the relevant statutes since the...
8120 items