How October Was the Most Destructive Month in Recent Memory for at Least Some Crypto Traders
What began as a triumphant October for bitcoin quickly devolved into chaos as a $19 billion derivatives wipeout and a 17% price plunge left traders reeling....
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XRP price on edge as Ripple USD hits $900m milestone
XRP price rally found substantial resistance at the 50-day moving average despite its strong fundamentals, including the growing Ripple USD market cap and ETF inflows. Ripple (XRP) token jumped to a high of $2.6340, its highest point since October 11.…...
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Tom Lee’s BitMine Imersion Added Another $320M in Ether, Bringing Overall Holdings Above $14B
The crypto investment firm now holds over 3.31 million ETH, moving closer to its goal of owning 5% of the token’s supply....
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IBM’s ‘Digital Asset Haven’ aims to turn crypto into corporate infrastructure
A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM....
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Indian court freezes user’s XRP redistribution after $230 million hack
The Madras High Court has ruled against WazirX redistributing user’s XRP holdings following its 2024 hack, declaring that cryptocurrencies qualify as property under Indian constitutional law. WazirX barred from redistributing user’s XRP under its “socialisation of losses” plan The Madras…...
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Swiss MP is working to get Bitcoin in the constitution
Switzerland parliament member Samuel Kullmann reveals that he is currently working to incorporate Bitcoin into the constitution and national reserves. According to a video circulating online, Swiss MP Samuel Kullmann said that he and his team are working towards getting…...
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Businesses warm up to XRP, but wider adoption remains elusive: Here’s why
XRP is one of the first cryptocurrencies created with broad adoption and partnerships with banks and other institutions in mind. Over 10 years later, it is possible to pay for various goods and services with XRP, but today’s stablecoins pose…...
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American Bitcoin nears 4k BTC in treasury milestone
American Bitcoin is rapidly approaching a 4,000 BTC treasury, with its holdings now at 3,865 BTC following a disciplined period of accumulation and mining. According to a press release dated Oct. 27, American Bitcoin Corp. executed a significant accumulation play,…...
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Interview | Crypto recovery is a myth, prevention is key: Circuit
Victims of crypto hacks often find themselves victimized again by unscrupulous recovery firms, says Harry Donnelly, CEO of Circuit. Crypto adoption is rising, and an increasing number of people are joining. However, despite years of innovation, crypto is still failing…...
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MegaETH ICO oversubscribed within 5 minutes, raising $50M at $1B valuation
The rapid oversubscription of MegaETH’s ICO underscores growing investor appetite for innovative blockchain solutions, signaling robust market confidence. The post MegaETH ICO oversubscribed within 5 minutes, raising $50M at $1B valuation appeared first on Crypto Briefing....
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