Crypto Tokens Surge as Trump Family Gains $1B
The Trump family’s crypto portfolio has surpassed $1 billion, driven by WLFI, TRUMP, and MELANIA tokens, with WLFI earning $550 million from its governance token sales. #Update #Crypto $WLFI
BPN Payment Network Secures $50M Investment
@BetterPaymentNetwork raises $50M in seed funding led by YZi Labs to enhance low-cost, instant stablecoin transfers on the BNB Chain, aiming to reduce settlement times to hours. #Update #Crypto $BNB
XRP ETF Files with SEC as Price Rebounds
Arthur Hayes projects $ETH could 2.5x by year-end, supported by BitMine’s $417M ETH treasury expansion, while Tom Lee predicts $10K-$12K for the token amid rising institutional interest. #Update #Crypto $ETH
Solana Surges as Liquidity Hub for Omnichain Gold
Omnichain versions of Tether’s $USDT (USDT0) and Tether Gold ($XAUT) are now on Solana via Legacy Mesh, enhancing liquidity and supporting decentralized finance applications. #Update #Crypto $SOL
Crypto ATMs Face New Restrictions in Australia
Australia’s Minister for Home Affairs Tony Burke proposes new powers for AUSTRAC to restrict crypto ATMs, citing links to money laundering and scams as usage surges to 2,100 terminals. #Update #Legal $AUD
Bitcoin Faces $19B Leverage Wipeout
Bitcoin is in a critical phase after a $19 billion leverage washout. Analysts see potential for recovery if macro conditions improve, but uncertainty remains. #Update #Crypto $BTC
Bitcoin Whales Control 44% Realized Cap
Newbie Bitcoin whales now control 44% of the realized cap, marking an all-time high. This significant accumulation trend highlights shifting dynamics in the $BTC market. #Update #Crypto $BTC
Ethereum Powers Digital Green RWAs in Thailand
Mahidol University partners with ZERO13 and Unique Transformation Co., Ltd. to boost Thailand’s carbon credit ecosystem through a five-year collaboration. #Update #Sustainability
Kraken Launches $100M Crypto Derivatives Market
Kraken acquires CFTC-regulated Small Exchange from IG Group for $100M, enhancing its US derivatives market presence. #Update #Crypto
Bitcoin Options Puts Hit $1.15B Amid Crash
Bitcoin options market sees institutional put transactions exceed $1.15B, 28% of overall activity, indicating rising demand amid BTC struggles. Negative market skew mirrors October 11 crash levels. #Update #Crypto $BTC
Bitcoin Firms Earn $1B from Trump Policies
The Trump family reportedly earned over $1 billion from cryptocurrency investments, benefiting from deregulation and favorable policies during Donald Trump’s presidency. Ethical concerns arise over political and financial entanglements. #Update #Crypto $BTC
Crypto Merger Sparks Shareholder Revolt
A lawsuit filed by shareholder Terry Tran seeks to block @SemlerScientific’s merger with Strive, alleging misleading disclosures regarding financial impacts on shareholders. #Update #Legal $BTC
XRP Solana Options Launch as Deribit Revises Fees
Deribit introduces an automated VIP fee tier system effective November 1, offering discounts based on trading volumes; CME sees increased activity with new $XRP and $SOL options. #Breaking #Crypto $BTC
Bitcoin Holds Steady Near $111K Amid Risks
Bitcoin remains steady near $111,000 amid global market caution due to China’s trade measures; total crypto market cap holds at $3.8 trillion. DOGE gains 4% daily. #Update #Crypto $BTC