Coinbase Tops Expectations as Transaction Revenue Hits $1B
Coinbase’s Base network became profitable in Q3 as transaction volume rose and ETH prices climbed, supporting broader gains across trading and services.
Crypto
Strategy Posted EPS of $8.42 in Q3 Driven by Mark-to-Market Gains on Bitcoin
Bitcoin’s action of late hasn’t been great, but the price did rise nearly 7% in the three months ended September 30, boosting reported profits for Michael Saylor’s firm.
Core Scientific falls short of shareholder votes for CoreWeave buyout
CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto.
DOGE Slides 7.5% to $0.18, Triggering Technical Breakdown
Despite expectations for Q4 rallies, Dogecoin’s market structure remains fragile, with traders watching if it can defend the $0.18 base.
Amid US gov’t shutdown, lawmakers work to pass market structure: Report
With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill.
XRP Plunges 8% as Fed Shock and Bitcoin Weakness Combine to Break $2.46 Floor
The breakdown was accompanied by outsized volume, with a peak around 392.6 million tokens — nearly 400% of its daily average.
Bitcoin Miner Core Scientific Investors Nix $9 Billion CoreWeave Merger
Shareholders on Thursday rejected the deal, which was first announced in July.
Retail Bitcoin Traders Are Showing Most Fear Since Oct. 20 Crypto Crash: Santiment
Volume rose 60.5% above the weekly average as long-term holders sold 325,600 BTC and trading compressed into a $107,000 to $108,000 band near support.
Dogecoin Is About to Be All Over This Soccer Team’s Jerseys and Stadium
The commercial arm of the Dogecoin Foundation is putting the famous Shiba Inu meme coin logo on soccer jerseys in Italy.
Chainlink’s LINK Drops 8% Below Support Despite Largest Token Buyback Since August
The oracle network’s token succumbed to the broader crypto market weakness, even though adoption continues growing with a recent Ondo partnership.
Rate Cuts NOT certain! MegaETH raised over $1.25B in public ICO! Crypto Majors Fall 2-3%!
Crypto Majors Are Red After Fomc’s Shaky Guidance And A Successful Trump Xi Meeting; Btc -3% At $110,100, Eth -3% At $3,900, Bnb +1% At $1,120, Sol -2% At $192. Zec (+9%) And Aero (+7%) Led Top Movers. The Federal Reserve Board Cut Interest Rates By 25 Bps And Said Qt Would End On Dec 1, Though Powell Did Call … Read more
A Further 20% Bitcoin Correction on the Table: Glassnode
The analytics firm warns that Bitcoin’s failure to reclaim the $113K cost basis may lead to deeper retracement toward $88K amid long-term holder selling and fragile sentiment.
Bitcoin scrapes new lows as tech stocks drop: Data forecasts BTC dip below $100K
Bitcoin drops to fresh lows despite every bullish outcome that traders forecast being confirmed. Are investors’ worries about an artificial intelligence sector bubble adding weakness to BTC?
Ethereum Developers Lock In Fusaka Upgrade for Dec. 3 With PeerDAS Rollout
The move kicks off the countdown to Ethereum’s second hard fork of 2025.
How Solana and XRP Futures Became CME’s Fastest Growing Crypto Products
CME’s Solana and XRP futures hit record notional open interest on Monday.
Anthropic’s AI Models Show Glimmers of Self-Reflection
Anthropic’s Claude models showed early signs of self-awareness, detecting “injected thoughts” and both thrilling and unnerving researchers.
OpenAI Eyes Massive $1T IPO as Early as 2026: Reuters
AI has become the bellwether for the general technology sector, which often correlates with the cryptocurrency market.
Western Union Files Trademark for ‘WUUSD’ a Day After USDPT Stablecoin Reveal
An analyst told Decrypt that ‘WUUSD could be the public-facing ticker or symbol, while USDPT remains the regulatory and issuance name.’
Bitcoin Plunges Below Critical 200-Day Average as Dollar Surges to 3-Month High
BTC’s losses follow positive developments in U.S.-China trade relations.
Cardano’s ADA Drops Amid Report of Whales Offloading $100M in Tokens
The selloff broke key $0.61 support on elevated volume, triggering a technical breakdown despite signals of a possible rebound.
Nigerian fintech plans African stablecoin payment system with Polygon: Report
Flutterwave partners with Polygon Labs to launch a stablecoin-powered cross-border payments network spanning 34 countries across Africa.
Bodega Cat Allegedly Killed by Self-Driving Car Gets Second Life via Meme Coins
A beloved liquor store cat named KitKat was allegedly killed by a Waymo—and meme coin traders are pumping Solana and BNB Chain tokens in its honor.
Stellar’s XLM Holds Steady at $0.2975 as Weak Volume Caps Rebound Momentum
XLM consolidated near $0.2975 after a volatile session, underperforming the broader crypto market despite signs of accumulation near key support.
US senator questions USD1 launch on Binance.US following CZ pardon
Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
SUI Slides as Token Unlock Concerns Trigger Breakdown to as Low as $2.27
A 160% spike in trading volume and stop-loss cascades drove the plunge, with SUI stabilizing just above key support amid mounting November supply concerns.
HBAR Declines 4% Following ETF Debut as Initial Euphoria Fades
Hedera retreated to $0.1925 despite historic spot ETF launch on Nasdaq as profit-taking offset institutional milestone.
BTC mining industry finances AI gold rush with $11B convertible bond boom
The Bitcoin mining industry is financing its expensive pivot to AI data centers with convertible debt that sometimes features a 0% coupon.
Crypto Asset Manager Bitwise Makes Case for Solana’s Next Big Run
Solana is well-positioned to capture a growing share of the stablecoin and tokenization boom, the investment firm said.
BNB Slips Below Support as Broader Crypto Market Reacts to Fed Chair’s Remarks
The Fed’s 25 basis point rate cut and Chair Jerome Powell’s cautious stance led to a wave of selling, with 24-hour liquidations surging to over $1.1 billion.
Drake, Adin Ross Sued Over ‘Deeply Fraudulent’ Promotion of Crypto Casino Stake
A class-action lawsuit accuses Drake and Adin Ross of making millions off misleading ads for Stake, a social casino alleged to be an illegal gambling operation.