Crypto
Bitcoin slipped to around $79,150, its lowest level in over a month, after renewed Middle East conflict prompted a rapid $200 million liquidation of leveraged positions. The drop also triggered $404 million of crypto‑long losses and a $773 million outflow from spot Bitcoin ETFs.
Crypto
Bitcoin slipped under the $80,000 mark, its lowest level in more than a month, as $200 million of leveraged positions were liquidated within an hour. The price move was sparked by heightened market stress linked to U.S. evacuations amid escalating Middle East conflict.
Crypto
Asset manager Franklin Templeton deposited $150 million worth of tokenized fund shares onto the XRP Ledger, concentrating the stake in a single wallet that shares its authorized signers. The move pushes the firm's on‑chain holdings to roughly $200 million, underscoring growing institutional interest in XRP‑based tokenization.
Crypto
Wells Fargo, Arm, and Intuit are among 22 companies that have formally objected to the proposed OKX-ICE tokenized stock platform. The initiative seeks to operate under a special innovation exemption from the U.S. Securities and Exchange Commission, but faces significant corporate pushback.
Crypto
A Chinese national has been extradited to the U.S. in connection with a $37 million cryptocurrency scam. This development comes as New York authorities seek a massive $1.37 billion judgment against the operators of the alleged NovaTech Ponzi scheme.
Crypto
Democratic Senator Richard Blumenthal has issued a subpoena to Tether Ltd., demanding detailed records of payments made to Nxum, a consulting firm co‑owned by former White House crypto adviser Bo Hines. The move adds to growing regulatory pressure on the stablecoin issuer amid a volatile market environment.
Crypto
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced substantial outflows of $635 million on Thursday, marking a reversal of recent positive trends. This movement contributed to a net outflow for October, as Bitcoin's price slipped below $82,000.
Crypto
Ethereum developers have postponed the 'Glamsterdam' upgrade on the Hoodi testnet due to newly identified security vulnerabilities related to changes in gas rules. The delay impacts the activation of new functionalities designed to enhance the network's efficiency and capabilities.
Crypto
Chinese authorities have filed a request to confiscate more than 61,800 Bitcoin tied to a multi‑billion‑dollar investment scam, following a UK High Court decision that Chinese law governs victims' claims. The case involves roughly 102,000 investors and could have broader repercussions for cross‑border crypto regulation.
Crypto
Spot Bitcoin Exchange Traded Funds (ETFs) have drawn more than $1 billion in three days, pushing Bitcoin's price above $83,000. However, analysts are debating whether this inflow is sufficient to sustain a significant rally, especially after recent periods of net outflows and price volatility.
Crypto
Chinese authorities are moving to seize over 61,800 Bitcoin linked to a massive $5.7 billion investment fraud scheme, a development that follows a recent UK court decision. The case highlights international cooperation in combating large-scale cryptocurrency-related financial crimes affecting more than 100,000 investors.
Crypto
Solana's Alpenglow network overhaul, the most extensive since 2020, went live on Oct. 21, replacing its on‑chain voting mechanism and promising finality speeds up to 150 milliseconds. The change arrives as the cryptocurrency faces macro‑economic headwinds and heightened scrutiny from investors.