Author: WebDesk

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price surged 3.5% in the past 24 hours to trade at $118,329 as of 3:36 a.m. EST as an ”Uptober” rally appeared to ignite despite the US government shutdown. The shut down began at At 12:01 a.m. EST on Wednesday after lawmakers in Congress failed to pass a new funding bill. Markets shrugged that off, with the crypto market overall recording a 4% surge to a $4.1 trillion market capitalization. BTC is now surging towards the $119,000 level as it lifts the broader digital asset…

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin surged past $118k and meme coins soared as Strategy’s Michael Saylor declared “Happy Uptober” on X despite the US government shutdown. BTC briefly hit $119,453 before pulling back, but is still up more than 3% over the past 24 hours to trade at $118,720.42 as of 3:14 a.m. EST, according to  CoinMarketCap. It’s now within 5% of its $124,457.12 all-time high set on Aug. 14.  BTC price (Source: CoinMarketCap) Over $261 million in short BTC positions were liquidated in the past 24 hours, data from CoinGlass…

Join Our Telegram channel to stay up to date on breaking news coverage Robinhood CEO Vlad Tenev says tokenization is a “freight train” set to take over the financial system, predicting crypto and banks will converge on-chain, with stocks, deposits, and other financial products represented as digital tokens. “Eventually, it’s going to eat the entire financial system,” he said, highlighting how blockchain could handle everything from trades to payments, making traditional and crypto systems indistinguishable. Crypto and traditional finance have been living in separate worlds until now, Tenev said at the Token2049 conference in Singapore. But that’s set to change…

The XRP price is positioned at a pivotal level that will determine the next trend to play out from here. This was highlighted by crypto analyst, The Alchemist Trader, in a TradingView post that shared notable insights into the current price action of the cryptocurrency. The crypto analyst also explained that there are technical points that will determine the next move, and depending on how bears and bulls perform, there could either be a lot of gains or major losses. The Three Key Points To Watch With the XRP price already showing a lot of weakness, The Alchemist Trader explains…

Can Shiba Inu bounce back from this devastating crash? Right now, the token sits at $0.00001185 after plunging over 86% from its all-time high of $0.00008845. The decline has been brutal this year, wiping out nearly 44% of its value, and investors are desperately searching for answers about whether a recovery is even possible at this point.Also Read: SHIB Supply Dries Up as Traders Bet Big on Uptober BreakoutShiba Inu Future Outlook: Price Predictions, Decline Risks, and 2030 ForecastSource: Getty ImagesCritical Issues Preventing RecoveryThe underperformance of the token has been blamed on some fundamental issues that were not addressed in…

Canaan has signed a colocation agreement with Soluna to host 1 EH/s of its Avalon 15XP bitcoin miners as the manufacturer seeks to turn inventory surplus into proprietary mining expansion in North America. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional […] Credit: Source link

Ripple CTO David Schwartz posted a fresh message to the XRP community on October 1st that sparked immediate reactions across social media platforms. Hours after announcing his transition to an emeritus role, Schwartz wrote on X: “Hey everybody, save the kind words for when I die.” The message caught supporters off guard with its characteristic humor, and it came right after an outpouring of tributes for his work on the XRP Ledger. His post reignited conversations about XRP price outlook and also what hints the CTO might be offering regarding the blockchain’s future direction.Hey everybody, save the kind words for…

Lawrence Jengar Oct 02, 2025 06:58 UAE’s capital imposes record AED 100,000 penalties on cryptocurrency mining operations misusing agricultural land, marking 900% fine increase as authorities prioritize food security over digital assets. The United Arab Emirates has delivered a crushing blow to cryptocurrency miners operating illegally on agricultural land, with Abu Dhabi’s food safety regulator imposing unprecedented fines that represent a nearly ten-fold increase from previous penalties. The Abu Dhabi Agriculture and Food Safety Authority announced Tuesday that cryptocurrency mining operations discovered on farmland will face immediate fines of AED 100,000 ($27,229), with…

Sui has introduced suiUSDe, a new synthetic stablecoin built natively on the network to reduce reliance on dominant assets like USDC. Summary Sui, SUIG, and Ethena announced suiUSDe, a Sui-native synthetic stablecoin. Revenue will fund SUI buybacks, linking stablecoin growth to token demand. Regulatory and market challenges could slow adoption despite strong potential. Sui has partnered with Nasdaq-listed SUI Group Holdings and Ethena Labs to launch suiUSDe, a new synthetic stablecoin designed for the Sui blockchain.  Announced on Oct. 1, the project makes Sui (SUI) the first non-EVM network to introduce a native, yield-generating dollar asset, reflecting a major step…

BNB Chain, which is the centerpiece of the Binance ecosystem, had its official X account hacked by attackers on October 1, 2025. attackers promptly started using the high-profile account to endorse a litany of malicious airdrop links, putting the millions of people following the platform’s account at considerable risk.This move was quickly followed by Binance founder Changpeng Zhao (CZ), who advised the community  to be careful to not engage with any links coming from the account.Source: BinanceHackers Breach Official Account with Phony Airdrop LinksAfter taking control of the account, the hackers posted various ads promoting a bogus airdrop of BNB…