Crypto ATM Fraud Tackled by Lummis Bill
Senator Cynthia Lummis advocates for the Responsible Financial Innovation Act of 2025 to combat crypto ATM fraud, which has targeted elderly citizens in over 50 reported incidents. #Update #Legal $BTC
Ethereum Bulls Claim Supercycle Amid Wall Street Doubts
The cryptocurrency market may see a “supercycle” driven by institutional investment and AI adoption, with $ETH currently at $4,177; Citigroup sets a year-end target of $4,300. #Update #Crypto $ETH
Ethereum Predicted to Hit $12K by Year-End
BitMine’s Tom Lee predicts $ETH could reach $12,000 by year-end, citing institutional adoption and neutrality as key factors. He also anticipates a potential super cycle for Ethereum lasting 10-15 years. #Update #Crypto $ETH
Bitcoin ETF Bearish Sentiment Persists for Two Months
@BlackRock’s Nasdaq-listed spot BTC exchange-traded fund, IBIT, shows two months of bearish sentiment as put-call skew remains positive; price trend stalls below $70. #Update #Crypto $IBIT
Bitcoin Leadership: Ian Calderon Runs for Governor
Ian Calderon, ex-California Assembly leader, announces gubernatorial run pledging to add $BTC to state balance sheet and support crypto payments. #Breaking #Crypto $BTC
XRP Ledger Expansion Boosts $1.4M Presale
BlackRock’s $2B BUIDL fund expands into XRP Ledger with Ripple and Securitize, enhancing RLUSD smart contract functionality for tokenized assets. #Update #Crypto $XRP
Bitcoin ETF Outflows: $104M Loss
Bitcoin ETFs see $104M outflows, while ether ETFs lose $141M amid Fidelity-led withdrawals. Trading volumes remain steady despite market pressure. #Update #Crypto $BTC
Tether Targets $500B Valuation Surge
Tether seeks funding at a $500B valuation as USDT surpasses $170B market cap, reflecting its dominance in crypto trading and cross-border payments. #Update #Crypto $USDT
Bitcoin Volatility Surges as Traders Target $145K
Bitcoin traders are betting on a 34% chance of surpassing $120K by Oct. 31, while Ethereum has a 22% chance of hitting $5K. Market volatility spikes amid significant liquidations. #Update #Crypto $BTC $ETH
Ethereum Embraces L2 Solutions with Buterin’s Support
Vitalik Buterin supports @Base and similar Layer 2 solutions as Ethereum infrastructure, not exchanges, amid SEC regulatory discussions. Experts warn misclassification could stifle innovation. #Update #Crypto $ETH
DeFi Risks Exposed by UXLink Hack
FearsOff CEO Marwan Hachem warns that the recent UXLink hack highlights the dangers of excessive centralized control in projects claiming decentralization. #Update #Crypto
Cardano Pledges $10M ADA for Stablecoins
The Cardano Foundation will allocate tens of millions in $ADA to support stablecoin initiatives, aiming to enhance DeFi influence and improve user on- and off-ramps. #Update #Crypto $ADA
Ripple Launches RLUSD for BlackRock VanEck Funds
@Ripple’s RLUSD stablecoin integrates into @BlackRock and @VanEck tokenized funds via Securitize, enabling 24/7 liquidity access. RLUSD’s circulation exceeds $700M, enhancing its institutional presence. #Update #Crypto $XRP
Kraken Donates $1M to Pro-Trump PAC
Kraken co-CEO Arjun Sethi announced a $1M donation to the Digital Freedom Fund PAC, supporting crypto privacy rights and increasing America First Digital’s commitment to $1M. #Update #Crypto