Category: crypto
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BNB price slides near $950 as market pullback deepens, can it reclaim $1,000?
BNB price is dropping below $1,000 due to market uncertainty, falling 8.6% in 24 hours and 12.5% over the week. It has slipped under its moving averages, with the 100-day moving average at $940 as the next support level. If buyers defend current levels, a rebound may occur, but continued market pressure could push the…
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Wintermute founder denies Binance lawsuit rumors
Wintermute CEO Evgeny Gaevoy denied plans to sue Binance after losses during Oct. 11 market crash. Rumors were refuted, with Gaevoy stating the firm is “perfectly fine.” He did not disclose extent of losses or whether Binance compensated Wintermute. Claims made by WhalePump Reborn account were also denied.
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Trump admits he does not know who Changpeng Zhao is after pardoning him
President Trump admitted to not knowing Binance founder Changpeng Zhao before pardoning him. Trump believed Zhao was unfairly targeted by the Biden administration’s anti-crypto stance. The pardon sparked mixed reactions, with speculation on Zhao’s return to Binance and criticism from U.S. Senate Democrats over possible financial conflicts of interest.
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HIVE Digital Technologies hits 23 EH/s, expands HPC/AI data centers in Canada and Sweden
HIVE Digital Technologies has expanded its Bitcoin mining operations to 23 EH/s, with significant growth in 2021. The company is building new data centers in Canada and retrofitting facilities in Sweden to support high-performance computing and AI applications. HIVE aims to operate over 36,000 GPUs globally by 2026.
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Animoca Brands targets Nasdaq listing through reverse acquisition
Animoca Brands, a blockchain investment firm, plans to debut on Nasdaq through a reverse merger with Currenc Group, a fintech company. Shareholders of Animoca will own 95% of the merged entity, forming a diversified digital assets conglomerate. The deal is expected to close in 2026 pending regulatory approval.
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Unofficial GIGGLE token reaches $110 after Binance push
Binance will donate 50% of GIGGLE memecoin trading fees to charity. Despite confusion over its connection to CZ’s Giggle Academy, Binance clarified the memecoin is unofficial. Following the announcement, GIGGLE’s price briefly spiked to $110 before dropping. The market has stabilized, indicating a cooling of speculative hype.
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Crypto and Blockchain named on TIME magazine’s 2025 list of 300 best inventions
TIME Magazine has recognized “Crypto and Blockchain” as one of the 300 Best Inventions of 2025, marking a shift from niche to mainstream recognition. The industry is gaining global recognition, with growing government involvement and institutional participation. The list highlights innovations shaping modern society and acknowledges the industry’s role in reshaping financial systems and creative…
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Ripple launches digital asset spot prime brokarage in the US
Ripple has launched a digital asset spot prime brokerage in the U.S., offering over-the-counter spot transactions for institutional clients, including XRP and Ripple USD. This expansion comes after acquiring Hidden Road and aims to provide a comprehensive offering for trading strategies. Ripple continues to expand its solutions in the blockchain ecosystem.
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Lolli onboards Slice to broaden its BitcoinFi footprint
Lolli has acquired Slice to expand its role in the BitcoinFi ecosystem, connecting passive earners to the Thesis ecosystem, including Mezo. The integration allows users to earn Bitcoin through online shopping and browsing, strengthening Thesis’s goal of building a sustainable financial stack on Bitcoin. This move comes as the BitcoinFi ecosystem exceeds $10 billion in…
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Strategy buys 397 more Bitcoin
Strategy Inc. continued to accumulate Bitcoin, adding 397 BTC to their holdings despite market volatility. They funded the $45.6 million purchase with $69.5 million raised through stock sales. With a total of 641,205 BTC, Strategy remains the largest corporate Bitcoin holder, surpassing Marathon Digital Holdings. Other companies, like Coinbase, are also increasing their Bitcoin holdings.