Author: John Smith
Binance founder Changpeng Zhao has distanced himself from rumors linking him to the launch of a crypto bank in Kyrgyzstan. Summary CZ has denied proposing the creation of a crypto bank in Kyrgyzstan called “Bereket Bank”. He emphasized having no interest in operating a crypto bank, despite supporting crypto-banking relations in general. The country recently launched its KGST stablecoin on the BNB Chain and plans a CBDC for government payments. Changpeng Zhao (CZ), the former CEO of Binance, has publicly denied claims suggesting he proposed the creation of a private crypto bank in Kyrgyzstan. A news media report alleged that…
Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Summary The total crypto market cap fell over 3% to $3.69 trillion $334.7 million in long liquidations led the market downturn. The Crypto Fear and Greed index still remains in the fear zone. Global market capitalization slid 3.1% over the last 24 hours to $3.69 trillion. Bitcoin (BTC) dipped 2.3% to $107,901, while Ethereum (ETH) slid 3.7% to $3,753. XRP (XRP) and Solana (SOL) weren’t spared either, falling 2.7% and 4.9% respectively, with XRP now trading at $2.45 and SOL…
The U.S. Securities and Exchange Commission has set Nov. 12, 2025, as the final date to approve or deny Nasdaq’s proposal to list and trade the Grayscale Hedera Trust. Summary The SEC must approve or deny Grayscale’s spot HBAR ETF by Nov. 12, with no further extensions possible. Approval would mark the first U.S. spot HBAR ETF, giving investors regulated access to Hedera’s native token. The decision follows rising institutional demand for altcoin ETFs amid increased regulatory scrutiny. The SEC’s deadline marks the last stage of review for a potential U.S. spot HBAR ETF. According to a Nov. 2 post…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales shift from ETH and SOL to Digitap, the fintech-crypto hybrid aiming to redefine real-world crypto utility. Summary Whales rotate from Ethereum and Solana into Digitap, a fintech crypto with real-world payment utility. Digitap has raised $1.2m as investors back its working omni-bank app connecting fiat, crypto, and Visa cards. With a live product and AI-driven tools, Digitap positions itself as one of 2025’s breakout altcoin contender. The early days for Solana and Ethereum were wild rides that printed…
Bitcoin’s price rose over the last three days, moving from a low of $106,340 to the current $110,000, as investors bought on the post-Federal Reserve interest rate decision dip. Summary Bitcoin price has formed a death cross pattern on the daily chart. Spot Bitcoin ETFs shed over $600 million in assets last week. Odds of the Federal Reserve interest rate cuts in December fell to 66%. Bitcoin price death cross points to a steep crash The daily timeframe chart shows that Bitcoin (BTC) has slumped in the past few days, moving from a high of $126,172 in September to the…
A Solana Foundation manager has challenged XRP community members and Ripple executives to a livestream debate on X. Summary Solana’s Vibhu invites Ripple execs to a facts-based debate on network metrics. Data shows Solana averages 2.5M daily active users vs XRP’s 25K. Vibhu says XRP could still succeed but calls its current traction “mediocre.” Vibhu, a mid-tier manager at the foundation, issued an open invitation for a facts-based discussion comparing blockchain activity between the two networks. “You bring facts, I bring facts. Facts are important. Let the internet decide who wins,” Vibhu wrote on X. The challenge follows his posting…
While prediction platform Polymarket is gearing up for a high-profile return to the U.S. market, regulators in Romania are taking a harder line. Romania’s National Office for Gambling (ONJN) effectively banned the betting service from operating in the country. The regulator said the Shayne Coplan-led company was carrying out gambling activities without a license and, as of Thursday, placed the website on its blacklist. See below. “The decision to include Polymarket on the blacklist is not related to technology, but to the law,” said ONJN President Vlad-Cristian Soare. “Regardless of whether you bet in lei or crypto, if you bet…
Electric Coin Co. (ECC), the firm behind Zcash and the Zashi wallet, has released its roadmap for the fourth quarter of 2025. Summary ECC’s Q4 plan targets Zashi privacy upgrades and multisig wallet integration. Zcash hits $409, soaring over 970% in a year amid growing shielded supply. Roadmap focuses on reducing tech debt, improving privacy, and dev fund security. The announcement comes amid a surge in the privacy-oriented token’s shielded supply and price. ZEC (ZEC) is trading at $409 and has posted a 225.9% gain over the past 30 days. The token has also climbed 971.1% over the past year,…
The XRP price has remained under pressure in the past few days as traders eye the upcoming Ripple Swell Conference and the potential XRP ETF approvals. Summary The XRP price will be in the spotlight this week as the Swell event happens. Swell is an important event that brings together top executives in New York. The other major XRP news will be potential approval of spot ETFs. Ripple (XRP) token was trading at $2.52 on Nov. 2, down by over 30% from its year-to-date high. On the positive side, this price is about 83% above its lowest point this year.…
Crypto trader The White Whale has offered to serve as an unpaid advisor to MEXC following the resolution of a months-long dispute over $3.15 million in frozen funds. Summary MEXC unfroze $3.15M after public backlash and apology from CSO Cecilia Hsueh. Trader The White Whale offered to serve as unpaid advisor to help rebuild trust. White Whale defended Hsueh against false rumors, urging community integrity. The prominent trader extended the offer after an hour-long video call with MEXC Chief Strategy Officer Cecilia Hsueh. “If you truly want to fix what was broken — I’ll support you. I’ll make myself available…