Author: John Smith
Daylight’s bet is that the grid’s upgrade path runs through financial innovation, not just hardware. Its $75 million war chest funds the code to align homeowner incentives with grid stability using crypto economics. Summary Daylight Energy raised $75 million, including $15 million in equity led by Framework Ventures and a $60 million project financing facility. The startup uses crypto incentives to connect home solar and battery systems into a decentralized power network. Its DeFi model rewards homeowners for stabilizing the grid and lowers costs by turning residential power storage into a collective virtual plant. According to a press release dated…
Pengu price continues to hold above key support at $0.023 as open interest begins to rebound, signaling renewed confidence and the possibility of a re-accumulation phase forming. Summary Pengu defends $0.023 support aligned with the 200-day moving average. Open interest rebounds, suggesting renewed accumulation after capitulation. Sustained strength above support could lead to a rally toward $0.043. After a strong capitulation event that cleared liquidity from lower levels, Pengu (PENGU) price has found stability around a high-confluence support zone near $0.023. This region has repeatedly acted as a strong technical base, reinforced by both the high time frame value area…
Aster token price has confirmed a potential double bottom at the $1.20 region, suggesting that a bullish reversal could be underway if price breaks through key resistance levels. Summary Aster forms a double bottom at $1.20 aligned with 0.618 Fibonacci support. A break above $1.83 would confirm bullish continuation. Sustained volume inflow is key to validating the reversal setup. Aster (ASTR) token price is showing early signs of structural recovery, as the asset has retested its $1.20 support level twice with bullish reactions. Price has formed what appears to be a textbook double-bottom pattern. This level was previously identified as…
The community is experiencing a major crypto market crash, with recent liquidations wiping out half a billion on the market. Smaller altcoins are going red, here’s why. Summary The crypto market continues to decline following the $19 billion crash on Oct. 10, with total liquidations surpassing $540 million in the past 24 hours as both major tokens and smaller altcoins extend their week-long losses. Bearish momentum is fueled even further by regulatory warnings from the G20’s Financial Stability Board, lingering effects from mass leveraged liquidations, and escalating U.S-China trade tensions. On Oct. 16, the overall crypto market cap once again…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The second quarter of 2025 has been a reality check for blockchain scaling, and as capital keeps pouring into rollups and sidechains, the cracks in the layer-2 model are widening. The original promise of L2s was simple: scaling up L1s, but the costs, delays, and fragmentation in liquidity and user experience keep stacking up. Summary L2s were meant to scale Ethereum, but they’ve introduced new problems, while relying on centralized sequencers that can become single points of…
Australia will grant its financial intelligence agency, the Australian Transaction Reports and Analysis Center, new powers to crack down on the third-largest crypto ATM market in the world. Summary Australia is drafting new regulations to give AUSTRAC authority over high-risk products, including crypto ATMs. Home Minister Tony Burke warned that most top users of crypto ATMs are tied to illicit operations. AUSTRAC has already imposed a 5,000 Australian dollar cash limit and stricter compliance rules for crypto ATM operators. New regulations are being drafted that would grant AUSTRAC the power to keep a check on “high-risk products” like Crypto ATMs,…
The Bank of England’s proposed restrictions for stablecoins will be temporary, according to Deputy Governor Sarah Breeden, who has clarified that the central bank is simply concerned about the potential impact on the country’s financial system. Summary Bank of England Deputy Governor Sarah Breeden said the proposed limits on stablecoin holdings will be temporary measures. The central banker said the caps are designed to mitigate outflows from the banking sector. A consultation will be launched by the end of 2025 to refine the rules. Speaking at the DC Fintech Week on Oct. 15, Breeden addressed industry concerns over the central…
YZi Labs has led a $50 investment million in Better Payment Network, supporting its plan to build a programmable global payment layer centered on stablecoins. Summary YZi Labs led a $50M funding round in BPN to expand stablecoin payment infrastructure on BNB Chain. BPN enables multi-stablecoin minting, swapping, and settlement via CeDeFi rails. Funds will boost liquidity and global adoption, aligning with YZi Labs’ BNB initiatives. The move marks one of YZi Labs’ largest single investments in 2025, reinforcing its focus on building real-world blockchain infrastructure. According to an Oct. 16 announcement by YZi Labs, the financing will help BPN…
While quarterly financial reports are not new for companies, they are new for DAOs, potentially setting a new standard for transparency. Summary Syndicate released its full quarterly financial report, compliant with U.S. law Public corporations are required to publish these reports, but DAOs are not The move makes it the first DAO to publish its financials under Wyoming’s DUNA framework For the first time in crypto history, a decentralized network has filed professional-grade financials, potentially setting a new standard for transparency. On October 15, the Syndicate Network Collective published its third quarter report, up to the standard for U.S. public…
Federal Reserve Governor Stephen Miran is calling for more and higher interest rate cuts, noting that urgency is key as trade-war tensions between the United States and China ramp up. Summary Fed Governor Stephen Miran says there’s need for urgent interest rate cuts. He told CNBC that the latest flare in trade tension between the U.S. and China brings new risks to the economic outlook. Miran is calling for a further 1.25 percentage points cut in 2025, with the Fed having cut by 25 basis points in September Miran’s comments come ahead of an anticipated Federal Reserve policy meeting this…