Category: crypto

The European Commission is considering giving ESMA more authority to oversee crypto exchanges and trading platforms across the EU. This proposal, expected to be published in December, aims to create a single regulator for these entities. However, not all regulators and industry participants are in favor of this centralized approach due to potential disadvantages and…

Matrixport predicts Ethereum price consolidation as institutional demand weakens. BitMine remains a major buyer, but ETF outflows hinder growth. Historical data shows declining inflows, with October seeing minimal follow-through. BitMine’s buying power may not sustain ETH’s value for long. A potential short-term rebound is possible if $3,700 support holds.

The U.S. Securities and Exchange Commission has set November 12, 2025, as the final deadline to approve or deny Grayscale’s proposal for a Hedera Trust ETF listed on Nasdaq. This would be the first U.S. spot HBAR ETF, reflecting growing institutional demand for altcoin ETFs amid regulatory scrutiny.

Solana Foundation manager Vibhu challenges XRP community and Ripple executives to a live debate on network metrics. Data shows Solana has significantly higher daily active users compared to XRP. Vibhu believes XRP could still succeed but calls its current traction “mediocre.” He invites a facts-based discussion to let the internet decide the winner.

Polymarket is facing regulatory challenges in Romania, where it has been blacklisted for operating without a license. The company is preparing for a U.S. relaunch focusing on sports betting, with plans to comply with American regulations. Traders are taking the threat seriously, as shares of DraftKings and Flutter Entertainment fell in response.

Electric Coin Co. has released its roadmap for the fourth quarter of 2025, focusing on Zashi privacy upgrades and multisig wallet integration for Zcash. The company aims to reduce technical debt, improve privacy, and enhance dev fund security. ZEC’s price has soared to $409, with a 971.1% gain over the past year.

MEXC unfroze $3.15 million in funds after public backlash and apology from CSO Cecilia Hsueh. Crypto trader The White Whale offered to serve as an unpaid advisor to help rebuild trust. White Whale defended Hsueh against false rumors and urged community integrity. Hsueh accepted the offer to create a more transparent MEXC.

NFT sales dropped 28% to $98.18M, but buyers increased by 22.86%. DMarket fell by 34.09%, BAYC surged 108%, and Ethereum led in sales. CryptoPunks #8407 had the highest individual sale at $413,469.94. Ethereum sales rose 19.72% to $41.72M. Bitcoin, Base, and Immutable also saw increases in NFT sales.

Thodex founder Faruk Fatih Ozer found dead in Turkish prison cell, suspected suicide. Ozer was serving an 11,196-year sentence for fraud and criminal activity. Thodex, a cryptocurrency exchange, collapsed in 2021 after a promotional campaign offering free Dogecoin. Ozer was captured after fleeing to Albania and extradited to Turkey in 2023.

T3 Financial Crime Unit froze over $300 million in criminal assets globally since its launch in September 2024. The unit collaborates with law enforcement agencies across 23 jurisdictions, targeting crimes like money laundering and terrorism financing. Binance joined the T3+ program to enhance cooperation in combating illicit blockchain activities.