Author: John Smith
The crypto market crash has erased nearly $1.19 billion in liquidations as the overall market cap drops dangerously low near $3.5 trillion. Here’s why major altcoins are falling. Summary The crypto market cap has plunged by 7.3% to around $3.6 trillion, triggering a crypto market crash consisting of over $1.2 billion in liquidations within 24 hours. Altcoins continue to suffer sharp declines due to cascading liquidations, profit-taking, and macroeconomic uncertainty, with traders increasingly cautious amid delayed rate-cut expectations. On Oct. 17, the overall crypto market cap plummeted by 7.3% to around $3.6 trillion. The market is in shambles, with the…
Japan’s largest financial institutions have joined forces to launch a stablecoin pegged to the yen and US dollar, aiming to revolutionize cross-border payments and streamline financial processes. Summary Major banks in Japan have teamed up to issue a stablecoin pegged to the Yen and the US dollar. The stablecoin will be integrated with existing financial channels, making international payments faster, cheaper, and more efficient. Blockchain infrastructure Progmat will manage the stablecoin issuance, ensuring it adheres to all regulatory standards and operational compliance. Japan’s leading financial institutions, Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Being a creative in emerging tech can feel like navigating broken user experiences with a similarly broken brief: market this. When an early, fast-moving tech project comes to us “ready” for marketing, we know that the product roadmap will inevitably clash with existing tech specs, and the specs will wrestle with product-market fit. The story will tiptoe around technical accuracy. And we’re okay with it because to us, creatives solve almost everything for technical teams fighting through…
Ghana’s central bank plans to introduce crypto regulations by the end of 2025 after advancing a related bill to the parliament. Summary Bank of Ghana expects to have crypto regulations in place by the end of 2025. Governor Johnson Asiama said the central bank is forming a new department to oversee the crypto sector. During an appearance at the International Monetary Fund’s meetings in Washington on Thursday, Bank of Ghana’s governor, Johnson Asiama, said that the regulators had been working on a draft over the past four months. “That bill is on its way to parliament, hopefully before the end…
Ripple Labs is reportedly looking to raise at least $1 billion to fund an XRP accumulation strategy by establishing a digital-asset treasury. Summary Ripple is reportedly planning to raise at least $1 billion through a SPAC. The move follows Ripple’s $1 billion acquisition of GTreasury. XRP price failed to capitalize on the recent developments. Sources familiar with the development have told Bloomberg that the fundraise would be executed via a special purpose acquisition company (SPAC), where Ripple will contribute a portion of 4.74 billion XRP tokens it currently holds. For those unaware, a SPAC is a publicly traded shell company…
StableX acquires Chainlink tokens as part of its second major crypto asset purchase, following its investment in FLUID. Summary StableX announced the acquisition of Chainlink crypto due to its importance for stablecoins The acquisition is the second purchase after StableX purchased FLUID tokens StableX is executing a $100M strategy focused on acquiring tokens that power the stablecoins Stablecoins are going mainstream, as are the crypto networks that power them. On Thursday, Oct. 16, Nasdaq-traded firm StableX Technologies announced its purchase of Chainlink (LINK) tokens. The move is part of a $100 million strategy focused on crypto tokens that power the…
Crypto stocks face renewed pressure on October 16, 2025 amid a fresh pullback for Bitcoin, with the benchmark digital asset’s price slipping below $110,000 on Thursday. Summary Crypto stocks, including MARA, Riot Platforms and Strategy, fell as Bitcoin price retreated under $110,000. BTC fell to below $108,000 while major crypto stocks slipped 10-14%. Macro factors, including trade tensions and government shutdown, put pressure on crypto related public companies. The downturn for crypto stocks, which had MARA, Bitfarms and Riot among top losers, came amid a dip for stocks. After opening higher on Thursday, U.S. stocks wavered as investors reacted to…
Dogecoin price has plunged into a technical bear market after falling by over 37% from its highest point in September. Summary Dogecoin price is about to form a death cross pattern. Inflows into the DOGE ETF have stalled as investors remain in the sidelines. The futures open interest and the funding rate has moved downside. Dogecoin (DOGE) token dropped to $0.1900, its lowest point since Oct. 12, giving it a market capitalization of over $28 billion. It remains 60% below the highest level this year. DOGE price has plunged as investors come to terms with the recent crash that led…
DeFi Dev Corp continues to execute its stated strategy, using remaining capital from its equity financing to methodically increase its SOL position irrespective of short-term price fluctuations. Summary DeFi Dev Corp acquired 86,307 SOL at $110.91 each, boosting its treasury to $426 million in Solana and SOL equivalents. The Nasdaq-listed firm continues deploying equity financing to expand its Solana-focused treasury and staking strategy. The move follows a partnership with Superteam Japan to launch DFDV JP, the first Solana-focused treasury initiative in Japan. According to a press release dated Oct. 16, the Nasdaq-listed entity DeFi Development Corp. has further cemented its…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analysts weigh Little Pepe’s rapid rise, questioning if the memecoin’s momentum could ever reach $5 value. Summary Little Pepe gains attention as a fast-rising memecoin with major listings and a strong, security-audited foundation. Analysts explore how LILPEPE’s presale success and community momentum could shape its long-term market potential. With Ethereum backing and investor interest, Little Pepe’s growth sparks questions about sustainability in memecoins. Little Pepe is a memecoin that has steadily become one of the most talked-about names in…