Author: WebDesk

As BNB rallies to new highs, a major Chinese investment bank is reportedly in talks to raise $600 million for a new US-based Digital Asset Treasury (DAT) company, focused on investing in the altcoin. Related Reading Chinese Investment Plans $600 Million Fundraiser On Monday, Bloomberg reported that Beijing-based Chinese investment bank China Renaissance Holdings Ltd. is planning a fundraiser for a new BNB-based public vehicle backed by YZi Labs Management Ltd. According to the news media outlet, China Renaissance aims to raise $600 million to create a publicly listed DAT company dedicated to accumulating BNB in the United States. YZi…

Indian crypto exchange Wazirx secured court approval for its restructured recovery plan, setting the stage for platform relaunch, user compensation, token distributions, and renewed operations. Singapore Court Approves Wazirx Recovery Plan With Modifications Indian crypto exchange Wazirx announced on Oct. 13 that the Singapore High Court has approved the restructuring scheme proposed by Zettai Pte […] Credit: Source link

Key Highlights An independent investigator allegedly pointed a finger towards members of World Liberty Financial, including Donald Trump Jr., in the Hyperliquid controversy  The investigator has given a clean chit to Garrett Jin, denying his direct involvement in the short trading on Hyperliquid The advanced information of Trump’s tariff announcement was sent forward by aides with access to the POTUS to a group of insiders, according to an on-chain sleuth  In the latest investigation in the Hyperliquid case, Eye, an on-chain investigator, has allegedly pointed fingers toward the World Liberty Financial (WLFI) team, a cryptocurrency venture from the U.S. President…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to crypto analyst Jake Claver, XRP futures exchange-traded funds (ETFs) don’t actually help the token’s price. He explains that these products do not purchase real XRP tokens. Instead, they trade contracts that settle in cash. Because they don’t buy or lock away tokens, there is no real demand or supply pressure on XRP. In contrast, spot XRP ETFs could have a much bigger effect. These would require fund managers to buy and hold actual XRP tokens, removing them from circulation. As a result, once these spot…

The wider crypto market has signaled bullish sentiment akin to Gold and Silver, which hit their new respective all-time highs on Monday. The total crypto market cap was up nearly 2% to hover about $4.05 trillion during the mid North American trading session. Bitcoin (BTC) price traded about $115,916 at press time after rebounding from its last Friday’s low of about $109,883, following the historic deleveraging event. Ethereum (ETH) price gained over 3% to reach a range high of about $4,283.Main Reasons Why the Crypto Market Gained TodayShort Squeeze ImpactAfter a heavy liquidation of long traders last week, the crypto market…

Bitcoin is trusted by governments and financial institutions. Reputable investors call it “digital gold,” and some even claim it’s better than gold. Notwithstanding all these, Bitcoin is still facing various security threats. Lately, a lot has been said about the potential threat from quantum computers. However, Duke University Professor Campbell Harvey revealed another concern, namely the relative cheapness of a 51% attack on the Bitcoin network.  Summary If successful, a 51% attack gives attackers control over the Bitcoin blockchain (or another proof-of-work-based blockchain). To achieve success, attackers must control over 50% of the mining hashrate, which is costly. In the…

Ethereum price shows sustainability above the 100- and 200-day exponential moving averages, indicating that the long-term outlook is bullish.  BitMine accumulated 202,037 ETH tokens amid the market dip, expanding its Ethereum crypto reserves to 3.03 coins, or 2.5% of the total supply. ETH’s fear and greed restored to 65% indicates a sharp bullish shift in market sentiment. On October 10th, the Ethereum price jumped over 1.52% to currently trade at $4,230. The buying pressure came as a relief rally after a sharp sell-off last Friday, which triggered the largest liquidation in crypto history. While the sudden pullback created panic among…

It’s been a rocky three days for the crypto market… to say the least. But bitcoin holders are faring best, as bitcoin price bounced back sharply to around $116,000 today following a volatile weekend that saw the broader crypto market slump. The bitcoin price fell to the low $100,000s on Friday as U.S. and China trade tensions rattled global markets. President Donald Trump announced new 100% tariffs on Chinese goods after Beijing unveiled sweeping export controls set to begin Nov. 1.  But over the weekend, market jitters eased and the bitcoin price gradually rebounded. President Trump walked back some of…

The cryptocurrency market is showing signs of recovery after the weekend’s bloodbath. Markets registered one of the largest selloffs in history after President Trump announced 100% tariffs on Chinese imports and new export controls on software. As a result, Bitcoin (BTC) plummeted to a low of $102,000 on Binance before recovering to reclaim $110,000. However, markets have put the weekend’s carnage behind them and have started the week in positive territory. BTC is up over 3% and has reclaimed the $115,000 level. The flagship cryptocurrency is trading around $115,305, up over 3% in the past 24 hours. Meanwhile, Ethereum (ETH) has…

James Ding Oct 13, 2025 19:49 In Q3 2025, fallen angels bonds outperformed the broader high yield market, supported by strong security selection and new entrants like Huntsman International. In the third quarter of 2025, fallen angels bonds have demonstrated remarkable performance, outpacing the broader high yield market. The success of these bonds was attributed to their longer duration and robust security selection, according to VanEck. New Entrants Bolster the Index The Fallen Angels Index saw the addition of four new entrants during this period, including notable names such as Huntsman International and…