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Trump Pivots US Policy: Endorses Bitcoin, Bans CBDCs, and Establishes National Reserve

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President Donald Trump has announced a major shift in US digital asset policy, publicly endorsing private cryptocurrencies and moving against Central Bank Digital Currencies (CBDCs). This new direction involves establishing a National Bitcoin Reserve to cement the US’s position as the global leader in digital assets. Key changes include an immediate prohibition on CBDC development … Read more

Bybit to List Lit Protocol (LITKEY) with Major 9 Million Token Trading Contest

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Bybit is set to list Lit Protocol (LITKEY) on its spot market, reinforcing the exchange’s reputation for backing innovative decentralized networks. The official listing is scheduled for November 6, 2025, at 8 AM UTC (4 PM UTC+8). Incentive: $9M LITKEY Token Splash Contest To maximize engagement and liquidity, the listing is accompanied by a massive … Read more

Metaplanet Secures $100 Million Bitcoin-Backed Loan, Expanding Treasury Strategy

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Tokyo-listed tech firm Metaplanet has executed a major financial move, borrowing $100 million against its substantial Bitcoin treasury. This non-expiring loan, secured on October 31, 2025, represents approximately 3% of its total holding of 30,823 BTC. This drawdown utilizes a portion of the larger $500 million credit facility the company announced just days prior. Strategic … Read more

Canada’s 2025 Budget: Stablecoins Take Center Stage in Payments Modernization

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Canada is pivoting its digital currency strategy, moving away from exploring a central bank digital currency (CBDC) to focus on regulating private, fiat-backed stablecoins as the core of its national payments system upgrade. Unveiled in the 2025 federal budget, this initiative aims to integrate digital assets securely into the country’s financial framework. A Regulated Path … Read more

Bitget Becomes First Exchange to Integrate with Morph Chain, Advancing Global Onchain Payments

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Bitget, the world’s largest Universal Exchange (UEX), has achieved a significant milestone in expanding its Onchain ecosystem by becoming the first exchange to integrate with Morph Chain. This strategic integration allows Bitget users to directly trade all assets within the Morph ecosystem using USDT from their Bitget spot wallet, without ever having to leave the … Read more

Large Ethereum Holder Sells Off at $2.15 Million Loss Amid Market Slump

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The ongoing crypto downturn has forced a significant Ethereum whale into a costly capitulation, highlighting the extreme volatility and fragile sentiment currently gripping the market. Whale’s Costly Retreat On-chain data from Arkham shows that a large wallet, identified as “0x1b57,” quickly liquidated 5,570 ETH (worth approximately $19.56 million) by sending the tokens to Binance in … Read more

Institutional Outflows Signal Crypto Market Recalibration Amid Macroeconomic Fear

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The U.S. spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a significant combined net outflow of $797 million on Tuesday, coinciding with a market slump as institutional investors adjusted their positions. Key Outflow Data Spot Bitcoin ETFs saw the majority of the exit with a $577.74 million net outflow, marking the largest single-day outflow since … Read more

Zohran Mamdani Wins NYC Mayoral Race; Crypto Prediction Markets Hit Another Major Correct Call

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Zohran Mamdani has won the New York City mayoral election, taking just over half the total votes and defeating former Governor Andrew Cuomo (who finished with about 40%). This victory was correctly predicted by crypto prediction markets, cementing their reputation for accurately forecasting political outcomes. Prediction Markets Prove Accuracy Polymarket’s Success: Data from Polymarket showed … Read more

YAX Partners with Solidus Labs to Enhance Crypto Compliance and Risk Monitoring

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YAX, a licensed Virtual Asset Trading Platform (VATP) under the Hong Kong Securities and Futures Commission (HKSFC) and a subsidiary of UP Fintech Holding Ltd ($TIGR), has announced a partnership with Solidus Labs to significantly upgrade its transaction-monitoring capabilities. Strategic Compliance Upgrade Technology Implementation: YAX will integrate the Solidus Labs’ HALO Transaction Monitoring platform. Unified … Read more

Market Correction Deepens as Bitcoin Falls Below $100,000

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The digital asset market has experienced a sharp correction, with Bitcoin’s price dropping 6.29% over the past 24 hours to trade near $100,000, extending its weekly losses past 11%. Key Market Indicators Market Cap & Volume: Bitcoin’s market capitalization fell just below the $2 trillion mark, while high volatility drove the daily trading volume up … Read more

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