Balancer, one of the most established decentralized finance (DeFi) protocols with more than $700 million in total value locked (TVL), appears to have suffered a serious exploit, adding fresh stress to an industry still grappling with security concerns. Early on-chain evidence indicates that attackers drained assets across multiple chains, with losses now exceeding $98 million, making this one of the largest DeFi breaches of 2025 so far. Related Reading: Bitmine Buys 44,036 Ethereum Worth $166M During Market Dip – Details The attack appears to have targeted Balancer liquidity pools, siphoning high-value assets including wrapped ETH and liquid-staking derivatives through coordinated cross-chain movements. Initial wallet traces show funds rapidly routed through mixing services and bridge networks. This suggests a sophisticated operation designed to minimize traceability. This is not the first time Balancer has faced a security incident, and the scale of this exploit reignites conversations around protocol hardening, liquidity pool design risk, and cross-chain attack vectors. It also deals a blow to market confidence at a time when institutional interest in DeFi infrastructure has been slowly recovering. Over $98M in ETH-Based Assets Drained as Market Weakness Adds Pressure According to on-chain data compiled by Lookonchain, the Balancer exploit resulted in the loss of a significant amount of high-value Ethereum-based assets. Among the stolen funds were 6,587 WETH (worth approximately $24.46 million), 6,851 osETH (valued around $26.86 million), and 4,260 wstETH (roughly $19.27 million). These figures confirm that the attacker targeted core liquidity holdings, particularly liquid-staking assets and wrapped Ether. Assets commonly used in advanced DeFi strategies and institutional portfolios. The scale of outflows highlights the exploit’s severity and underscores persistent vulnerabilities in cross-chain and liquidity-pool architecture. More importantly, this incident has arrived at a sensitive moment for the market. Ethereum is already under selling pressure, struggling to reclaim key levels amid broader crypto market weakness. Risk appetite has thinned, liquidity has become more selective, and sentiment remains fragile following recent volatility. The Balancer breach adds another layer of stress to an ecosystem trying to regain its footing. Major exploits like this serve as a stark reminder that smart-contract risk remains one of the sector’s biggest challenges. With investors already cautious, the timing amplifies uncertainty — and the market’s reaction in the coming days will be a critical test for confidence across the Ethereum and DeFi landscape. Related Reading: Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls Balancer (BAL) Trades Near Cycle Lows as Sellers Maintain Control Balancer’s native token BAL continues to trade under heavy pressure, now sitting near $0.97 and hovering close to multi-year lows. The weekly chart reflects persistent weakness, with price trending steadily downward since mid-2024 and repeatedly failing to reclaim key moving averages. The 50-week and 100-week moving averages remain firmly above price and slope downward, reinforcing a long-term bearish structure and signaling that momentum remains with sellers. Recent attempts to rebound have been shallow and short-lived. Indicating limited buying interest and a reluctance from market participants to position aggressively following the latest exploit news. This weakness predates the incident. However, BAL has been in a consistent downtrend for months, struggling to sustain demand even during broader market relief phases. Related Reading: $780M Worth of Ethereum Pulled From Exchanges – Biggest Withdrawal Spike in Weeks With the token sitting near its post-listing lows, the market is in a “show-me” phase. Bulls need to reclaim at least the $1.20–$1.40 area and break above the 50-week moving average to challenge the prevailing downtrend. Failure to do so risks deeper price compression and potential price discovery lower. Featured image from ChatGPT, chart from TradingView.com
According to reports, Evernorth — a Ripple-backed treasury firm — has agreed to merge with Armada Acquisition Corp II and plans to list under the XRPN ticker. Related Reading: Forget Billions—XRP Could Hit Trillions, Leading Expert Says The SPAC deal aims to raise $1 billion to build what Evernorth calls a large XRP treasury. Ripple and co-founder Chris Larsen contributed XRP to the project. Nine days after the SPAC announcement, reports said Evernorth had already received $1 billion worth of XRP. The merger is targeted to close in Q1 2026. On Contributions & Cash Buying Because the early inputs were paid in XRP rather than cash, immediate upward pressure on exchange order books did not happen. Market purchases require fiat or cash to be placed into public markets. SBI’s announced $300 million cash pledge is one example of money that could be used to buy XRP outright. But so far most of the headline amounts are XRP moved into a treasury, not fresh cash hitting exchanges. It is my understanding the new @evernorthxrp venture will raise $1BN through XRP direct investment, as announced and as we’ve seen on the chain. So you thinking “how will that affect open market XRP?”. Let me explain. There next plan is to IPO on stock exchange. This will raise… — Vincent Van Code (@vincent_vancode) October 27, 2025 Analyst Signals Incoming ‘Shock’ Vincent Van Code, a software engineer and active voice in the XRP community, told followers on X that the bigger event may still be ahead. He said the IPO itself could bring billions in new cash. If those funds are later used to buy XRP on the open market, he warned, existing supply could tighten and a “supply shock” might follow. Van Code did not offer a fixed timetable. Other commentators, including a market voice known as Nietzbux, have already framed the development as strongly bullish for XRP. Why The Timing Matters Based on reports, the sequence is what could change prices: cash raised first, then purchases on public markets. If that order is reversed — cash arrives and large buys follow quickly — liquidity could be tested. Exchanges have varying depth. A single large buyer can move prices more in thin markets than in thick ones. That is simple market mechanics. It is also why some community members are watching the SPAC schedule closely. There will come a time where XRP and XRPL is just where you keep most of your wealth. That is called Treasury. Hint hint. — Vincent Van Code (@vincent_vancode) October 17, 2025 Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge XRP’s Role And The Broader Narrative A number of developers and analysts now speak of XRP not only as a payment bridge but also as a treasury asset inside the XRPL ecosystem. Van Code suggested that a time may come when people keep a big share of their wealth in XRP and on the XRP Ledger. Ripple’s CTO David Schwartz has emphasized similar ideas about self-custody and on-ledger utility. Those themes are being reused as part of the argument for long-term demand. Featured image from Gemini, chart from TradingView
Polymarket is preparing to relaunch in the US by the end of this month, and has teased an upcoming token launch.
Remember when Crypto Twitter was like taking a front-row seat to the movies? Markets were a runaway rollercoaster, narratives flipped like pancakes, and every week had the energy of a new heist movie. What happened? If you’re lamenting the days of God candles and 20% BTC pumps, Nic Carter wants you to smile through the […]
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Dogecoin’s latest two-week chart analysis suggests the cryptocurrency could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so. This technical observation is based on Dogecoin’s steady uptrend along a long-standing support line since 2023 and points to its price action currently being in a possible early stage of accumulation before another leg upward. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge Dogecoin RSI Now Showing Pre-Breakout Signals The RSI is an indicator that has consistently aligned with Dogecoin’s strongest rallies in this cycle. According to the current 2-week candlestick setup shared by Trader Tardigrade, the RSI is currently trading stable within the same low range that has preceded Dogecoin’s previous upward rises since 2023. Each of the three major RSI dips, as shown on the price chart below, has coincided with price retests of the red ascending trendline. This event is notable because the first two dips were followed by significant upward movements in the Dogecoin price. Right now, the present RSI position is at its third dip, and it can be inferred that the meme coin may once again be approaching a launch point similar to those that led to past price surges. The long-term support trendline drawn from mid-2023 has acted as a reliable price base for Dogecoin’s recovery cycles. Price action has tested this line multiple times without breaking below it, and this has led to the creation of higher highs and higher lows. Dogecoin 2W Candlestick Price Chart. Source: Trader Tardigrade On X Although Dogecoin broke below the trendline in the middle of October, this breakdown was very brief with a long wick. Based on Dogecoin’s price action in October, the most recent interaction with this trendline is just above $0.17. This latest interaction has been highlighted with stability above this price level, and this is another early sign of technical strength. What To Expect If The Pattern Holds If this recurring structure between RSI and price maintains its consistency, Dogecoin could be about to embark on its third notable bullish run since early 2024. The most possible scenario is another rally that plays out over multiple weeks, as seen in the past two rallies. The last rally saw the Dogecoin price just around $0.5 in December 2024. Therefore, another rally from this point will see the creation of another higher high above $0.5 at least. The projection within the analyst’s chart, which is based on how the last rally plays out, points to a target around $0.8. At the time of writing, Dogecoin is trading at $0.1877, up by 0.5% in the past 24 hours. Reaching $0.8 will translate to new all-time highs and a 228% increase from the current price level. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover As long as the RSI holds its current base and the price stays above the ascending support, the sentiment surrounding Dogecoin may gradually shift from consolidation to rally alongside the rest of the crypto market. Featured image from Unsplash, chart from TradingView
In a breakthrough for global markets, President Donald Trump has secured a far-reaching deal for US-China trade. The agreement with Chinese President Xi Jinping de-escalates tensions between the world’s two largest economies. According to the official White House fact sheet, the agreement includes China’s commitment to suspend new export controls on rare earths and critical […]
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Ripple’s recent moves are drawing new attention after Western Union picked Solana for a USDPT rollout in 2026. According to supporters of XRP, that headline misses a bigger picture: Ripple has been buying firms that touch much larger pools of money. Related Reading: Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune Western Union’s deal could steer over $100 billion in annual cross-border flow to Solana. But some say that sum is small compared with the pipelines Ripple is tying into. Trillions Not Billions Based on reports, Ripple has added firms that already sit inside massive payment and liquidity systems. Hidden Road, a global prime brokerage, clears about $3 trillion a year. GTreasury provides treasury tools that move trillions in payments across 160+ countries. Rail handles roughly 10% of all stablecoin-based payment volume worldwide. Those figures matter because ownership gives a different kind of access than a short-term partnership does. many of you have asked for my thoughts on the western union x solana announcement, so here they are. TLDR: billions are cool, but trillions are cooler. while western union handles billions of dollars each year, ripple is on its way to handling trillions of dollars each year.… — Dom | EasyA (@dom_kwok) October 29, 2025 Market Comment And Skepticism Market voices pushed back. Scott Melker questioned XRP’s current role after Western Union chose Solana, noting Western Union had tested the XRP Ledger for years. That choice has prompted debate about whether XRP still matters for big global payments right now. At the same time, Ripple’s backers argue a deeper story exists beyond which chain a single company picks for its stablecoin. XRP As The Settlement Layer According to Dom Kwok, co-founder of EasyA, the proper lens is scale. He says the conversation should not center on deals worth billions but on the trillions Ripple now touches through acquisitions. Kwok and others suggest those companies could be steered to use the XRP Ledger for settlement over time. Ripple’s own technology and business moves are being framed as the plumbing that could let XRP settle large, institutional flows. Supporters Speak Up Flare CEO Hugo Philion has also downplayed the Western Union news, saying it does not undercut Ripple’s strategy. Based on reports from community figures, some engineers and analysts now say XRP could shift from a bridge token to a place people hold value. There will come a time where XRP and XRPL is just where you keep most of your wealth. That is called Treasury. Hint hint. — Vincent Van Code (@vincent_vancode) October 17, 2025 Vincent Van Code told followers that “a time will come when XRP and the XRP Ledger are just where you keep most of your wealth,” a view which mirrors comments by Ripple’s CTO David Schwartz about users acting as their own banks. Ownership Vs. Partnerships When a company owns a platform, it can choose how that tool grows. Reports show acquisitions give Ripple a steadier role in payments and trading services than a single contract would. Yet ownership does not guarantee instant change. Moving institutional flows onto a specific ledger is complex and can take time. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover What This Means Going Forward For now, the debate will track two threads. One asks whether wins like Western Union’s Solana deal signal broader market preference. The other watches whether Ripple’s purchases translate into actual settlement volume for XRP. Numbers such as $3 trillion, trillions across 160+ countries, and 10% of stablecoin payments give weight to the second view. But adoption at scale is not automatic, and observers will be looking for clear signs that those trillions are truly shifting toward the XRP Ledger. Featured image from Shutterstock, chart from TradingView
A new trend is taking shape across the crypto market with investors pulling large amounts of Bitcoin and Ethereum from centralized exchanges. Data from on-chain analytics platform Sentora, formerly known as IntoTheBlock, shows that exchange balances for both leading cryptocurrencies have dropped notably over the past week. Prices are holding steady without much bullish momentum, but these massive withdrawals may hint at a subtle change in investor sentiment going into November. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge Bitcoin And Ethereum Witness Billions Of Outflows From Exchanges According to data from Sentora, Bitcoin recorded more than $2 billion in outflows from centralized exchanges over the course of the week. This is interesting, as it is one of the largest weekly movements of Bitcoin from exchanges so far this quarter. Furthermore, this trend is interesting because it is coming off an unfavorable month for the crypto industry in general, considering the crash that happened in the middle of the month. The outflow numbers can be interpreted as a sign of confidence among whale addresses choosing long-term storage over trading. On-chain data from whale transaction tracker Lookonchain supports this trend, showing two newly created wallets withdrawing 2,000 BTC worth about $260 million from crypto exchange Binance toward the end of the week. Ethereum also witnessed a similar trend to Bitcoin. Data from Sentora shows that the leading altcoin saw major outflows during the week, coming to a total of about $600 million. Bitcoin and Ethereum Weekly Key Metrics. Source: Sentora What Could This Signal For Bitcoin And Ethereum? The massive exchange outflows are somewhat confusing, considering the fact that both Bitcoin and Ethereum ended October with negative monthly closes and broke the long-running Uptober trend that has shaped the crypto market for years. For six straight years, October had been one of Bitcoin’s most dependable bullish months that set the stage for strong year-end rallies. That streak has now ended with Bitcoin closing October 2025 about 4% below its monthly open, its first red October since 2018. Ethereum also followed a similar path and recorded a more notable monthly close of about 7.15% below its open. Data from Sentora, as shown above, points to reduced activity in these blockchains that suggests the required bullish activity may not be there yet. The total fees on the Bitcoin blockchain come out to be $2.03 million, an 8.6% reduction from the previous week. The Ethereum network also saw a 13.2% fall in fees, coming out to $5.05 million. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover Nonetheless, the outflows from exchanges are a bullish place to start. It eases selling pressure in the market, as fewer coins on exchanges mean fewer assets immediately available for sale. This, in turn, can tighten supply and gradually build a foundation for higher prices leading up to November. Whale traders might already be positioning themselves for the possibility of a bullish November. Featured image from Pexels, chart from TradingView
According to macro analyst Jordi Visser, dormant bitcoin is moving again and new buyers are stepping in. Visser spoke on Anthony Pompliano’s podcast and wrote about the trend on Substack, saying old holders are slowly selling while fresh investors pick up coins on dips. He compared what’s happening to an IPO (initial public offering), where early backers cash out and ownership spreads to a wider group. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover Price Action Has Been Flat And Frustrating Bitcoin traded between $109,000+ and $110,500+ over the last seven days, a range that has left traders impatient. Reports show the Crypto Fear & Greed Index returned “fear” readings since Wednesday and averaged fear during the prior week. Yet every pullback has been met by buyers, which suggests accumulation is taking place even as sentiment reads poorly. Network Signals Remain Strong Visser pointed to several industry signals as evidence that this is not a collapse. ETF approvals keep arriving, the bitcoin network hashrate has hit new highs, and stablecoin activity is growing. It was a busy week with many macro catalysts (Us-China, Fed, Mag7 earnings and Zelle/Stabledoins). Pomp and I go through it all and how the last two months look for assets. https://t.co/1mv6FCNYGF — Jordi Visser (@jvisserlabs) November 1, 2025 Those facts are being cited by analysts who argue the market is redistributing holdings rather than unraveling. In other words, supply is moving from long-idle wallets into hands that buy on weakness. What This Means For Volatility Based on Visser’s view, the current phase could continue for some time. He estimates an IPO-like cycle can last about six to 18 months in traditional markets, and while bitcoin moves faster, the process may still stretch toward the six-month mark on his timeline. When distribution finishes, one likely result is lower volatility, because ownership will be scattered across more participants instead of concentrated among early believers. No Loud Signal Expected To Mark The Shift Reports have disclosed that the change may not start with a big breakout or collapse. Instead, the market could simply stop grinding and begin a clearer move as distribution completes. That lack of a single trigger is frustrating for traders who want a clear sign, but it is familiar to anyone who has watched post-IPO stocks settle after lock-up expiries. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge A Measured Take On The Market Visser’s interpretation is cautious rather than bullish hype. He does not promise a rapid rally. He points to steady on-chain activity and institutional interest as the backbone supporting his thesis. Featured image from Pexels, chart from TradingView
According to analyst Trader Tadrigrade, Dogecoin has been moving inside a long-running symmetrical triangle that echoes a setup seen in 2016–2017. Based on reports, the analyst used a two-month chart to compare current price action with the buildup that preceded a breakout in March 2017. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start Back then, DOGE climbed from about $0.0003 to $0.0194 by January 2018, a rally of 7%. Traders pointing to that episode say the current narrowing range looks familiar and could set the stage for a notable move. Market Moves This Month DOGE is trading at around $0.18 at the time of writing after a 20% drop so far this October. That decline contrasts with recent Octobers: a 40% rise in October 2024, a 10% gain in October 2023, and a 100% jump in October 2022. Prices have been compressing inside the triangle since late 2024, and the tighter range has increased talk among chart watchers that a breakout may be near. $DOGE/2-month#Dogecoin is following its first cycle ???? pic.twitter.com/FNFJo3C59I — Trader Tardigrade (@TATrader_Alan) October 30, 2025 Targets After A Breakout Analysts who favor the pattern point to a first target near $3.90, which would represent about a 2,000% gain from current levels if reached. Other, much bolder projections are also being shared. One chart shown by bulls extends toward $48 — a 26,500% rise — which, if circulating supply stayed near 151 billion tokens, would imply a market value near $7 trillion. That number would dwarf most global asset classes and is widely seen as highly unlikely. Reports have also referenced an $18 forecast last month, a level that would make many holders wealthy if it materialized, but it remains a long shot. Technical Patterns Versus Broader Forces Pattern recognition can offer a clear rule for traders, but charts do not capture everything that drives price. Liquidity levels, investor interest, moves in Bitcoin, and shifts in social attention all affect how far any rally can run. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover For a multi-thousand percent surge to happen, sustained buying and extended public attention would be required. At present, the view rests primarily on a visual similarity between past and present setups rather than on independent signals that a major rally is guaranteed. Featured image from Pexels, chart from TradingView
North Korea-linked hackers stole more than $2 billion in cryptocurrency in 2025, surpassing every prior year on record, while global law enforcement recovered $439 million and arrested hundreds of money launderers across 40 countries in a single four-month operation. The collision of record state-sponsored heists and coordinated multilateral enforcement raises a sharper question than whether […]
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The Securities and Exchange Commission (SEC) issued an exemptive order on Oct. 31 that has nothing to do with Bitcoin or Ethereum but everything to do with how crypto exchanges will argue their cases over the next two years. The order delays compliance deadlines for Regulation NMS, the rulebook governing US equity trading, until February […]
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Mike Novogratz’s Galaxy Digital has moved more Bitcoin out of its wallets, stirring fresh debate about whether big players are selling or just handling client business. Related Reading: Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune According to on-chain trackers and posts shared by analytics firm CryptoQuant, a total of 1,531 BTC was recently transferred out of wallets linked to Galaxy. Galaxy’s Client Trades Galaxy acts as both a merchant bank and a trading desk for institutions, so large transfers don’t always mean the firm is cutting its own exposure. Reports have pointed out that Galaxy has executed major client orders before — including a notional sale of over 80,000 BTC in the past quarter — and many of those trades are handled off-exchange via OTC channels. Those facts make it hard to read short-term outflows as pure profit-taking by Novogratz’s firm. Galaxy Digital Outflow Spikes ???? Over 1,531 BTC moved out of Galaxy Digital wallets — a clear sign of rising short-term selling pressure in the market. ???? pic.twitter.com/6BdsOZFatM — Maartunn (@JA_Maartun) October 31, 2025 On-Chain Pattern Adds Detail The 1,531 BTC movement follows a string of recorded outflows. For example, trackers logged an outflow of 411 BTC on Oct. 24, suggesting this isn’t an isolated blip but part of several recent transfers tied to the firm’s wallets. Some analysts say the pattern looks like growing selling pressure. Other market watchers say the sums are consistent with client execution and rebalancing. Market Sentiment Split Sentiment indicators show a split mood. Social measures and the so-called Fear and Greed gauge have dipped into fear territory lately. Yet heads of some asset managers argue the opposite. Bitwise CEO Hunter Horsley has said institutions are “rushing in,” and he points to growing institutional interest as a signal that demand is building at higher levels. Those two views sit at odds: visible outflows and rocky short-term flows on one side, and growing institutional allocation on the other. Price Context And What It Means Bitcoin has been trading just a little over $110,000 as these moves happen. That price level matters because traders watch it as a barrier for bulls. When big transfers land near key price points, they get extra attention; some see them as profit-taking, others as routine client service. Either way, the net effect on price depends on whether buyers step in to absorb the supply. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally Signals Traders Are Watching Keep an eye on three items: ETF flows, OTC activity, and on-chain outflows from known custodians. Spot crypto ETFs have shown net withdrawals in recent weeks, which can sap demand even if big institutions are slowly buying elsewhere. If ETF outflows persist while wallets tied to major brokers keep moving coins out, price pressure may rise. But if inflows return to spot ETFs or large buyers match the OTC sales, that pressure can ease quickly. Featured image from Unsplash, chart from TradingView
According to company releases and club statements, House of Doge and Brag House Holdings, Inc. have taken a major step into Italian football by becoming the largest equity holder in US Triestina Calcio 1918. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start The move was first made public on October 20, 2025, when both firms announced the equity position and pledged immediate capital support for the club. Triestina, which was founded in 1918 and currently competes in Serie C, will carry Dogecoin branding on its match kits and around its stadium for the remainder of the 2025/26 season and all of the 2026/27 campaign. Kit And Stadium Branding Confirmed Based on reports released on October 30, 2025, Dogecoin will appear as the primary sponsor on the front of Triestina’s official match shirts. House of Doge branding is set for secondary placements, such as sleeves and shorts. LED boards inside the ground, big-screen videos and press backdrops will also display the Dogecoin motif during games and media events. These activations are part of a wider plan that includes testing Dogecoin as a payment option for tickets, merchandise and concessions. What The Announcements Leave Out The deal’s exact financial terms were not disclosed. No price tag or ownership percentage was published by either side. Reports have disclosed that a board reconstitution and the appointment of a new president are planned, but names and dates have not been shared. Push For Real-World Use Of Dogecoin House of Doge framed the investment as a chance to push Dogecoin beyond online chatter and into everyday use at a sports venue. The group said the club will act as a platform for broader community initiatives and commercial experiments with crypto payments. Fans could be given new ways to pay and buy, if pilot projects roll out as described. There is, however, a question about how smoothly such systems will be adopted in a lower-division club environment and what regulatory checks will be required in Italy. Marco Margiotta, CEO of House of Doge, said placing the Dogecoin logo front-and-center on the club’s jersey means it will show up in every match photo and TV shot. He said frequent exposure will make people recognize the brand, and that recognition can lead to practical uses and wider global acceptance. Related Reading: Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune Local Reaction And Broader Implications Some local journalists praised the capital boost, noting that lower-division clubs often face tight budgets. Others warned that visibility for a cryptocurrency brand does not guarantee long-term financial stability. Market observers will be watching whether the partnership drives measurable increases in matchday revenue or merchandise sales. Community groups, who are central to the club’s identity in Trieste, have been cited as needing reassurance that traditions will be respected. DOGE Price Update Meanwhile, after sliding about 7% in the past 24 hours, DOGE is trading at $0.18. The coin is up 11% so far this year, but that still leaves it roughly 70% below its 2021 peak of $0.73. Featured image from Unsplash, chart from TradingView
The debate pitting Ethereum versus Solana as rival L1s misses how radically their architectures diverged in 2025. Ethereum evolved into a settlement layer for modular rollups, while Solana doubled down on monolithic throughput. Ethereum abandoned the monolithic-chain race years ago, as its roadmap treats the base layer as settlement infrastructure. At the same time, execution […]
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Seychelles-based cryptocurrency exchange MEXC found itself in the midst of controversy on Friday as users on social media site X (formerly Twitter) called for immediate withdrawals amid speculation about the exchange’s potential bankruptcy. What Happened At MEXC? Market analyst J.A. Maartun was among the first to draw attention to the situation, sharing a chart on social media that indicated a significant spike in withdrawal transactions around midday. Researcher Hanzo also shed light on the unfolding drama, revealing the plight of a user known as “The White Whale.” This individual claimed that his account was suspended despite engaging in trading without the use of bots or APIs, leaving him unable to access his funds, which he estimated at between $3 million and $5 million. The White Whale alleged that customer support was unresponsive and that when he engaged with Cecilia Hsueh, MEXC’s new Chief Strategy Officer, he was pressured to admit to breaking the rules to have his funds released, a claim he firmly denied. Related Reading: Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers Cecilia later responded that their conversation should have remained private and accused The White Whale of misrepresenting the facts. MEXC subsequently announced its intention to take legal action against him for alleged misinformation. However, as the situation escalated, a wave of support emerged from the cryptocurrency community, including notable figures like ZachXBT, as many users reported similar issues with MEXC. This collective response led to warnings on social media urging users to withdraw their funds immediately, fueling the growing unrest. CSO Issues Apology In a rapid development, Cecilia issued an apology and confirmed that The White Whale’s withdrawal had been processed. She stated: We fucked up. We apologize to @TheWhiteWhaleV2, and his money is already released. He can claim it at any time. I messed up in communicating with him. I got emotional, and I shouldn’t have. Since I joined MEXC 2 months ago I’ve been fighting behind the scenes to get MEXC to change. We grew really fast—a few years ago, we were a very small exchange, but given our current scale, our risk, operations, and PR teams have not kept up. She noted that MEXC has experienced rapid growth, but its operational and public relations teams had struggled to keep pace. “We’re going to change that,” she stated, emphasizing that leadership has begun to recognize the need for improvement in transparency and operations. Related Reading: dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters In response to the swirling rumors of bankruptcy, MEXC took to social media to clarify its financial status. The exchange stated, “Recent online discussions have circulated unverified rumors regarding MEXC’s financial status. We would like to clearly state that these claims are false and misleading.” They assured users that MEXC remains financially healthy, with all user assets fully backed. Featured image from DALL-E, chart from TradingView.com
As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high. Historical Trends Suggest Bitcoin Could Rebound Joel Kruger, a market strategist at LMAX Group, noted that while October was a letdown compared to historical trends, it’s essential to contextualize the price movements. He remarked, “Prices have held up well overall, especially after a September that actually bucked the usual weakness.” Related Reading: Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers Notably, on the 6th of this month, the market’s leading cryptocurrency reached an all-time high just beyond $126,000. Additionally, the current downturn has failed to erase the year-to-date gains, with Bitcoin still recording a 55% uptrend during this period. However, according to a recent analysis by Fortune, this October marks the fourth-worst performance for Bitcoin since 2013 and the worst in the past seven years. Bitcoin’s performance lagged behind that of the S&P 500, which saw a gain of roughly 2.3% during the same period. Despite this under performance, Kruger remains optimistic about Bitcoin’s potential recovery in the upcoming months. “Historically, Q4 has been one of the best periods for crypto performance,” he stated, expressing hope for a push toward record highs for both Bitcoin and Ethereum (ETH) as the year draws to a close. October Challenges The month proved challenging not only in terms of price but also due to significant market events. Adam McCarthy, a senior research analyst at digital market data provider Kaiko, observed that cryptocurrencies entered October tracking gold and stocks at near all-time highs. However, as uncertainty crept into the market, investors did not flow back into Bitcoin as anticipated. In addition, October witnessed the largest liquidation event in cryptocurrency history, triggered by President Donald Trump’s announcement of a 100% tariff on Chinese imports, alongside threats of export controls on crucial software. Related Reading: dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters McCarthy commented on the impact of this liquidation, stating, “That washout on the 10th really reminded people that this asset class is very narrow.” He emphasized that even dominant cryptocurrencies like Bitcoin and Ethereum can experience sharp drawdowns, citing instances of 10% declines occurring in just 15 to 20 minutes. Amid these developments, concerns have been raised by several figures regarding the high valuations in equity markets. Jamie Dimon, CEO of JPMorgan Chase, recently warned of a heightened risk of a significant correction in the US stock market within the next six months to two years. Jake Ostrovskis, head of trading at Wintermute’s over-the-counter desk, noted that participants in the market remain hesitant as they grapple with the implications of the largest liquidation event on record. He added that this caution persists amid ongoing speculation about vulnerabilities that might still exist within the financial system. When writing, BTC was trading at $109,688, losing its nearest support floor of $110,000. Featured image from DALL-E, chart from TradingView.com
Brian Armstrong wrapped Coinbase’s third-quarter earnings call on Oct. 30, with a line that instantly resolved live prediction market contracts on Polymarket and Kalshi. The episode sparked debates about whether the industry’s most visible CEO had just mocked a niche betting venue or crossed a line that regulated financial executives shouldn’t approach. Armstrong said in […]
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Solana (SOL) processes approximately 70 million transactions per day and recorded over $143 billion in monthly DEX volume as of Oct. 30, according to DefiLlama. The network operates with 1,295 consensus validators across 40 countries, and a Nakamoto Coefficient of 20, according to the Foundation’s June 2025 Network Health Report. Production throughput runs at approximately […]
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Set against recurring billion-dollar ETF inflows, Asia’s mid-caps are starting to look like the next structural bid for bitcoin’s free float. Japan’s Metaplanet has surpassed 30,00 BTC on its balance sheet, and Korea’s Bitplanet initiated a supervised, rules-based accumulation program. What began as isolated treasury experiments, such as Nexon’s 2021 purchase and Meitu’s short-lived holdings, […]
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Satoshi Nakamoto’s Bitcoin holdings dropped nearly $5 billion in a single day, cutting the estimated value of the stash to roughly $118 billion. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally According to tracking data that ties thousands of early Bitcoin addresses to the name Satoshi, the decline mirrors a wider pullback in crypto markets this week and reflects the sharp swings in Bitcoin’s price. Arkham Intelligence Data Reports have disclosed that blockchain analytics firm Arkham Intelligence expanded the set of addresses it attributes to Satoshi and now counts roughly 1,096,354 BTC in those clusters. That haul is the basis for the big headline numbers used by media outlets measuring the “value” of Satoshi’s holdings. The coins themselves show little sign of movement, and most of the addresses have been inactive for years. The fall in dollar value does not mean coins changed hands. It only means the market price of Bitcoin fell enough in the past 24 hours to shave about $4.9 billion from the paper worth of those wallets. Short, sharp swings like this are common in crypto. Longer price trends are what move headline wealth totals more meaningfully. Market Dip Hits Even The Biggest Holder Based on reports, the slide happened Thursday as traders reacted to broader selling pressure across the digital-asset space. Analysts and market feeds tied the drop directly to a correction in Bitcoin’s price, not to any outgoing transfers from the old addresses. That detail matters because a sale from a wallet tied to Satoshi would be an event with big market implications; none has been recorded. At the recent peak in mid-August, when Bitcoin briefly pushed above $124,000, those same addresses were valued at about $130billion. That comparison shows how volatile headline “net worth” figures can be when they track a fluctuating asset rather than bank accounts or shares. The holdings of Satoshi Nakamoto are often used as a shorthand to show how much value is effectively locked away in early-mined coins. For observers, the point is simple: large sums can vanish from dollar-denominated lists overnight when prices move. For traders, those moves feed into short-term momentum and sentiment. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start What This Means For Investors For now, the situation is a valuation story more than an operational one. Reports highlight that the coins remain largely dormant and that the tally is an estimate built from on-chain patterns linked to early mining activity. That leaves market watchers with two basic facts: the dollar value can swing wildly, and the coins have stayed put. Featured image from Vecteezy, chart from TradingView
dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration. dYdX Expands Amid Supportive Legislation In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized the importance of this move, stating that having a presence in the United States aligns with the platform’s future direction. Unlike centralized exchanges such as Coinbase (COIN) and Kraken, which act as intermediaries between buyers and sellers, dYdX aims to eliminate the middleman, allowing users to transact directly on a blockchain network that underpins cryptocurrencies. Related Reading: Bitcoin Price Path Ahead: 10 Indicators Converge For Market Surge, End-Of-2025 Projections The platform specializes in perpetual contracts, a form of derivative that enables traders to speculate on asset prices without ownership and without an expiration date, distinguishing it from traditional futures contracts. Since its inception, dYdX has surpassed $1.5 trillion in total trading volume. As part of its expansion strategy, dYdX plans to introduce spot trading for Solana (SOL) and other linked cryptocurrencies, potentially including XRP and Cardano (ADA), to US users by the end of the year. This move comes in the wake of President Donald Trump’s increased support for the cryptocurrency sector, which has led to the dismissal of numerous lawsuits against major crypto platforms and prompted financial regulators to develop specialized rules for digital assets. These new measures include Congress’s passage of the GENIUS Act earlier this year and the potential passage of the Market Structure Bill. Together, these measures address the industry’s call for a new framework that could boost adoption and growth of the broader digital asset ecosystem in the US. Trading Fees Slashed, Prospective Offerings Awaiting Guidance Upon its entry into the US market, Reuters reports that dYdX intends to reduce its trading fees significantly, with plans to cut them by as much as half, bringing them down to between 50 and 65 basis points. However, while perpetual contracts will not be available to US users immediately, Zhang expressed hope that regulators will eventually provide the necessary guidance for decentralized platforms to offer these products. Related Reading: Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? The US Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) recently issued a joint statement indicating their willingness to consider allowing crypto perpetual contracts to trade across regulated platforms in the US, which could pave the way for dYdX’s future offerings. As of this writing, the platform’s native token, DYDX, is trading at approximately $0.30. However, the token has experienced a significant decline of nearly 68% over the past year, shedding about $1.43 billion in market cap value. Featured image from DALL-E, chart from TradingView.com
According to market figures, Dogecoin remains one of the largest cryptocurrencies by market value, carrying a market cap near $28 billion. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally The token’s price has fallen sharply lately — about 20% in the last month and roughly 30% so far in 2025 — moves that have put traders and casual holders on edge. Meme Coin Origins Dogecoin started as a joke. Based on reports, its creators never set out to build a major payments system or a technical breakthrough. That origin still matters. On-chain activity and payment volume for DOGE are lower than for many rivals, and that makes the token prone to sudden, often large swings. Quick rallies happen. Sudden drops do too. Market Mood & Risk A wider shift in the crypto market is also at work. Reports show meme tokens have lost favor this year. That pullback has pushed coins with weaker fundamentals into deeper declines. When markets turn cautious, speculative coins are usually hit hard. Price Forecast & Sentiment Despite the memecoin’s dismal performance of late, Dogecoin price prediction points to an increase of 13% and reach $ 0.21 by November 29, 2025. Based on technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 34 (Fear). Still, some traders believe this downturn may be the point where the real gains begin, arguing that DOGE’s strongest rallies often follow periods of fear and steep declines. Those numbers show mixed signals: the model expects gains over the coming month, while short-term indicators point to weak momentum and fear among traders. That split can lead to choppy trading, where prices move up for a few days and then fall again. Community interest and media attention still move DOGE. Big social moments can lift prices quickly. They can also reverse direction just as fast. That dynamic separates Dogecoin from projects that trade mainly on protocol upgrades or corporate deals. For many investors, headlines matter more than slow technical progress. Foundational Moves Based on reports, the Dogecoin Foundation has been pushing to build a more formal ecosystem. Plans and partnerships have been discussed. Whether those efforts will change how the market values DOGE is uncertain. Some proposals take months to show results. Others remain only ideas until wider adoption appears. Related Reading: Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network DOGE Optimism Still High Dogecoin’s sharp slide this year reflects both its meme-coin roots and a market-wide move away from risky crypto assets. The key figures are plain: nearly $28 billion in market cap, a 20% drop in the past month, and 30% down for the year. Reports and models show a possible bounce to $ 0.2146 by November 29, but technical signals still read Bearish. Even so, some market watchers think this could be the setup for the next big DOGE rally, arguing that major recoveries often begin when sentiment is at its weakest. Featured image from Unsplash, chart from TradingView
In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results. Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a transaction revenue of $1.05 billion for the quarter, a substantial rise from $572.5 million during the same period last year. Additionally, the cryptocurrency exchange recorded a net income of $432.6 million, translating to $1.50 per share, compared to just $75.5 million, or $0.28 per share, a year prior. Analysts had projected a profit of $1.06 per share, according to Reuters. Related Reading: Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? Coinbase also completed its acquisition of Deribit in the third quarter. Alesia Haas, the company’s finance chief, noted during a conference call that Deribit commands over 75% of the market share for options, primarily outside the US. This acquisition opens pathways for Coinbase to expand its options market within the US. As part of its broader strategy, Coinbase also highlighted its commitment to accelerating payments through stablecoin adoption, citing favorable policy trends and growing interest from financial institutions and corporations. David Bartosiak, a stock strategist at Zacks Investment Research, remarked, “Coinbase is cash-rich and growth-ready,” emphasizing that the company is evolving beyond merely trading cryptocurrencies to establishing the infrastructure for a new financial internet. Largest Corporate Bitcoin Holder Posts $2.78 Billion Net Profit Meanwhile, Strategy, previously MicroStrategy, reported profits in the third quarter after experiencing a loss the previous year. This positive sentiment surrounding the cryptocurrency sector has benefited the company, which is the largest corporate Bitcoin (BTC) holder. Related Reading: Bitcoin Price Path Ahead: 10 Indicators Converge For Market Surge, End-Of-2025 Projections As of October 26, the company held 640,808 Bitcoin, with a total acquisition cost of $47.44 billion, averaging $74,032 per BTC. With the market’s leading crypto currently trading around $107,400 when writing, the company’s holdings are positioned for significant appreciation. Strategy’s net profit for the three months ended September 30 was reported at $2.78 billion, or $8.42 per share, contrasting sharply with a loss of $340.2 million, or $1.72 per share, a year earlier. However, it’s worth noting that Strategy’s shares have declined 12% so far in 2025, even as Bitcoin prices have risen by 14.5%. COIN stocks closed Thursday’s trading session with a 3% surge toward $328 on the wake of the financial disclosure. Similarly, Strategy’s shares climbed nearly 4% following its earnings report toward the $254 mark. Featured image from DALL-E, chart from TradingView.com
Vincent Scott, a well-known voice in the XRP community, urged patience while restating a big claim: he called XRP and the XRP Ledger humanity’s “best chance” to change how money moves around the globe. His message, shared on X, mixed optimism about Ripple’s corporate moves with a warning that legal clarity must come first. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally License Moves And Market Positioning According to Scott, Ripple’s licensing work, recent acquisitions and new partnerships show the company is lining up for much bigger demand for XRP. He argued the token’s real value is practical — it can act as gas for transactions or as a bridge currency to move value between different systems. XRP/XRPL is the best chance we got We see Ripple the company making all the moves to drive demand and solidify themselves with licensing, acquisitions, and relationships We know the laws are the goalpost We understand the concept of it: that XRP is backed by its use to… — VincentScott (@VincentSco72192) October 26, 2025 Economic And Political Impact Scott believes these changes could cut fraud, increase competition among banks and other payment providers, and speed up settlements. He also suggested that if countries needed smaller foreign reserves because payments were easier and cheaper, that would shift long-held financial balances. That kind of shift could face strong pushback. Scott noted a decentralized payment and reserve setup “ruins the existing power structure,” meaning political resistance is likely. Community Voices Split The post prompted a range of reactions from within the XRP crowd. Nenad Stojkovic said Ripple stands out because of its infrastructure and regulatory steps, calling it a rare “serious financial company” in crypto — a view Scott agreed with. One user, SonOfRichard, argued Ripple’s new product Ripple Prime might lift XRP even without new laws, since it’s already compliant with some rules. Scott pushed back, replying that real progress still needs clear laws. Other voices were critical; Tommy Raz questioned the company’s top leaders. He spoke in their favor, saying their actions match the stated mission and that some online comments, especially from Ripple’s CTO David Schwartz, get misunderstood. I find the #XRP vs ETH debate, and who will outperform fascinating. Certainly Ethereum will fairly soon explode, however, I am coming back to this XRP/ETH chart. Take a look where the bounce occurred and what happened when XRP bounced from that support (twice) in 2017. Also, the… pic.twitter.com/8MlLWi2cjy — CryptoBull (@CryptoBull2020) October 28, 2025 Market Snapshot And Analyst View Meanwhile, a separate market watcher, CryptoBull, said Ethereum is set to surge soon but predicted XRP would outperform ETH in the near term. Based on market moves, ETH recovered 9% to over $4,200 on Oct. 27 while XRP climbed 10% to $2.68 in the same stretch. Both later fell from those highs. Related Reading: ECB Pushes For 2029 CBDC Launch — The Digital Euro Era Nears ETH remains only up 1.4% from its Oct. 22 lows. XRP, by contrast, has kept a 6% gain and sits above the key $2.5 mark. According to Scott, no major shift will happen until regulators and lawmakers finish their work. He pointed to comments from Rep. French Hill, chair of the House Financial Services Committee, who said Congress could pass the CLARITY Act by the end of the year if the Senate moves. Featured image from Unsplash, chart from TradingView
“The fact that other chains are faster or cheaper is irrelevant, in our view,” Standard Chartered’s Geoffrey Kendrick said.
Solana spent years building a staking culture in which over two-thirds of the circulating supply is delegated to validators, earning roughly 6% annually from inflation and fees. Non-staking Solana ETFs might just change this dynamic. Now that reflexive on-chain participation faces a new competitor: exchange-traded funds that either cannot or will not stake. Hong Kong’s […]
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European Central Bank officials kept a clear target this week: launch the digital euro in 2029. That goal was described as realistic by senior ECB figures, even as the bank said it will carry on with preparation work beyond the formal end of its current phase in October 2025. According to Bloomberg and ECB statements, the timetable depends on new EU laws and technical readiness. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally Preparation Phase Continues After October 2025 Based on reports, the ECB started the preparation phase in November 2023 and has been building rules and testing options since then. The formal stretch of that phase was due to finish in October 2025, but officials said work will not stop. Tasks left on the list include finalizing the rulebook, deciding how privacy and anti-money-laundering checks will work, and lining up service providers and technical infrastructure. No final decision to issue will be taken until the legal framework is in place. What The 2029 Target Means For Markets And Banks Reports have disclosed that the bank aims for a mid-2029 launch if everything aligns — legislation, systems, and user tools. That leaves four years for lawmakers and market players to move. Banks will be watching closely. So will fintech firms and payment platforms. Some regulators have said they want central bank money available electronically so citizens can keep using safe public money as cash use falls. Political Pressure And International Context According to media coverage, political signals from outside the EU have helped speed talks. US President Donald Trump’s moves on crypto and stablecoin regulation were cited by some EU ministers as a reason to solidify Europe’s own plan. The ECB says the digital euro is partly about keeping public money relevant as private payment options multiply. Any decision to issue and distribute a retail CBDC will still need approval from EU lawmakers before the bank can start broad rollouts. Related Reading: Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network Open questions around design and limits remain. Will retail accounts hold interest? How much can a person keep in digital euros? Can citizens use the currency offline? These are basic questions that lawmakers and the ECB must answer together. Reports say the ECB is aiming to protect privacy while meeting AML rules, but those goals sometimes conflict and will need trade-offs. A narrow window, but not a guarantee. The 2029 timeline is a signal to markets and developers. It is a target, not a promise. Based on reports, the bank’s path will be shaped by how quickly EU legislation moves and how well technical trials go over the next months and years. Featured image from Getty Images, chart from TradingView
MetaMask spent years as the default gateway to Ethereum, the browser extension that turned “connect wallet” into muscle memory for millions of users. Now Consensys is betting that same reflex can work across blockchains. In late May, MetaMask flipped the switch on native Solana support, letting its 30 million monthly active users manage SOL and […]
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MetaMask spent years as the default gateway to Ethereum, the browser extension that turned “connect wallet” into muscle memory for millions of users. Now Consensys is betting that same reflex can work across blockchains. In late May, MetaMask flipped the switch on native Solana support, letting its 30 million monthly active users manage SOL and […]
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