Tag: News

Stellar’s XLM token reversed sharply on Oct. 3 after briefly testing new highs. The token rose to $0.4041 in afternoon trading, but heavy selling after 14:00 UTC dragged it back to $0.4015, erasing earlier gains. Volumes spiked during the sell-off, with more than 1.4 million tokens traded in a...

New Internal Revenue Service guidance will relieve tax burdens on companies that hold cryptocurrencies and other assets, though it is limited to certain types of businesses. The IRS published interim guidance earlier this week announcing that C Corporations — a certain type of business — generating more than $1...

VanEck has taken an early step toward launching a staked Ethereum exchange-traded fund (ETF) by registering a statutory trust for the product in Delaware, a public filing dated October 2 shows. The proposed product, named the VanEck Lido Staked Ethereum ETF, would give investors exposure to ether (ETH) that...

HBAR saw sharp selling pressure on Oct. 3, with momentum intensifying in the final hour of trading. After briefly reaching $0.224, the token fell to $0.222, breaching key support and ending the session down 0.9%. The steepest drop came between 13:50 and 14:00, when volumes spiked above 3 million,...

Bitcoin climbed to within close sight of new record high above $124,500, capping off a five-day rally that marks one of its strongest starts to October on record. Trading well below $110,000 last weekend, the crypto has climbed nearly 15% this week, including about 3% over the past 24...

CleanSpark’s Bitcoin treasury ballooned to 13,011 BTC as its mining operations achieved a record 50 EH/s, a dual milestone that underscores its simultaneous growth in both asset accumulation and raw computational power. According to a press release dated Oct. 3,…...

Cardano’s ADA has joined the broader resurgence of the cryptocurrency market, with its price approaching $0.90. The recent whale activity suggests that the bullish momentum could continue in the short term. Scooping up More Coins The popular X user Ali Martines revealed that ADA whales (investors holding between one...

Bitcoin price is edging closer to new all-time highs, supported by a rise in open interest. With price action holding above key levels, the market structure remains firmly bullish. Bitcoin’s (BTC) momentum continues to build as price approaches the upper…...

Bitcoin briefly broke $121,000 on Friday as it extended this week’s rally. October has historically been BTC’s strongest month, and the psychology of “Uptober” goes far deeper than seasonal superstition. CryptoQuant explained that it reflects the powerful interaction of investor sentiment, capital flows, and macro catalysts that reliably converge...

Based on reports, Nomura Holdings is preparing to strengthen its footprint in Japan’s crypto market as trading activity picks up across the country. The move comes through Laser Digital Holdings, a Nomura unit based in Switzerland that is now in pre-consultation with Japan’s Financial Services Agency to seek a...