Category: crypto

ZKsync’s recent governance proposal aims to change how revenue is generated for token holders. The upgrade introduces buybacks, staking rewards, and fee capture to increase utility. The proposal, endorsed by Vitalik Buterin, led to a 15% rise in ZKsync’s value in one day and a 65% weekly rally.

The U.S. Treasury has imposed sanctions on North Korea’s financial handlers involved in laundering stolen cryptocurrency to fund weapons programs. The department targeted eight individuals and two entities linked to the regime’s crypto laundering network, aiming to disrupt their ability to convert stolen crypto into usable currency.

Switzerland-based Fulcrum has launched its crypto-backed loans and lending platform, Fulcrum Lending, offering up to 12% APR on BTC, 13% on SOL, and 14% on USDT. The platform is fully insured and regulated by FINMA, providing users with high-yield alternatives to traditional savings accounts. It aims to offer greater financial control and flexibility for investors…

The crypto market lost over $300 billion in a single day as Bitcoin dropped below $100,000. The market dip coincided with ETF outflows and a spike in liquidations. The U.S. dollar’s rise signals a “risk-off” environment. Analysts suggest a possible consolidation phase in November with potential gains if Bitcoin holds above key resistance levels.

BNB price plummeted by over 8% in 24 hours to hit intraday lows near $900 amid a broader cryptocurrency market downturn. Losses for BNB came as Bitcoin fell below $100,000. Analysts are concerned about BNB potentially dropping to $800 or lower if selling pressure persists. Ethereum also experienced a nearly 10% drop to under $3,300.…

YouTube temporarily suspended XRP commentator Oscar Ramos for covering the Ripple Swell event, citing “harmful” content. This incident reignited memories of YouTube’s 2019 “crypto purge,” where digital asset channels were wrongly deleted. Many in the crypto community criticized YouTube’s lack of transparency and consistency in moderating crypto content.

AMINA Bank’s Austrian subsidiary has obtained a full MiCA license, allowing it to offer regulated trading, custody, and portfolio management services to professional investors across the European Union. This move marks the bank’s expansion into the EU crypto market, catering to institutional clients seeking compliant exposure to digital assets.

Crypto.com and Hollywood.com have partnered to launch a new prediction market product targeting entertainment fans. The offering will include prediction contracts on movies, actors, shows, and other entertainment-related events. This move comes as prediction markets experience significant growth, with companies like Polymarket and Kalshi also making strides in the space.

Sygnum Bank predicts crypto markets will face macro pressures in Q4, but Ethereum may be gearing up for a significant rally. Altcoins suffered from recent market conditions, but there is still potential for a reversal. Treasury demand for altcoins and improving regulations hint at a positive outlook for the crypto market.

Dogecoin price dropped to nearly $0.16 as the cryptocurrency market experienced a significant dip on November 3. Analysts predict a potential dip to lows of $0.14 for DOGE. The decline was influenced by comments from a Federal Reserve official on interest rates, causing Bitcoin and Ethereum to also slide.