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2025 is proving to be a critical year for crypto adoption. Before, we had meme coins, but every token that goes live on Pump.fun risks plunging to zero as soon as it launches. The meme coin mania soon shifted to stablecoins, and out of this, early supporters, including Coinbase who are behind USDC, are deep in green. The big boys, including BlackRock and politicians, including Donald Trump, are watching and stealthily investing billions. Plasma immediately took off, but the network is not suited for AI payment agents; however, Coinbase has a plan. The new global financial system is here. pic.twitter.com/pkpXia30FS…
BlackRock’s spot Bitcoin ETF is pulling in cash at a speed never seen in the fund industry. After another $4 billion streak of inflows this week, IBIT now holds more than 800,000 BTC, worth roughly $98 billion, and is within striking distance of a milestone that no ETF has ever reached this quickly.Bloomberg Intelligence analysts Eric Balchunas and James Seyffart estimate IBIT now generates over $240 million a year in revenue from its 0.25% fee, making it BlackRock’s most profitable product across its global lineup of more than 1,000 ETFs. That’s a stunning outcome for a fund launched less than…
Crypto markets edged lower on Thursday as investors seemed to take a wait-and-see approach on macro updates.Crypto markets shed 3.4% today, Oct. 9, with total market capitalization dropping below $4.2 trillion, as traders wait for fresh macroeconomic cues from U.S. data later this week.Bitcoin (BTC) lost nearly 3% over the past 24 hours and is trading around $120,300, bringing its weekly gains to just 0.4%. BTC 1-week price chart. Source: CoinGeckoEthereum (ETH) is down over 5%, slipping to near $4,300. Commenting on ETH’s price, Shawn Young, chief analyst of MEXC Research, told The Defiant that at current levels, renewed accumulation…
Global central banks have been increasing their gold reserves over the past few years in a trend that may have major implications for Bitcoin, according to a recent report from Deutsche Bank.Gold’s share of central bank reserves reached 24% in the second quarter of the year, its highest share since the 1990s, Deutsche Bank strategists reported Thursday.With official demand for gold running at twice the pace of the 2011–2021 average, some Deutsche Bank analysts see growing parallels between gold and Bitcoin (BTC), which has seen a record-breaking performance in 2025.The renewed gold accumulation marks a significant shift in global finance,…
Join Our Telegram channel to stay up to date on breaking news coverage Arthur Hayes says the four-year Bitcoin cycle is dead and the current bull run can continue, powered by abundant liquidity. As the four-year anniversary of the current cycle approaches, traders have been questioning whether this bull run is ending, but BitMEX co-founder Hayes says past cycles ended because of monetary tightening, not the cycle. Hayes sees Fed rate cuts and easing in China and other nations as factors that will continue supporting Bitcoin’s bull market. “Listen to our monetary masters in Washington and Beijing,’’ he said in…
South Africans can now pay with cryptocurrency at thousands of retail stores nationwide, following a new partnership between QR payments provider Scan to Pay and Bitcoin payments company MoneyBadger.According to a Tech Central report, the integration allows users of major exchanges, including Binance, Luno, Blink and VALR, to pay using Bitcoin (BTC), stablecoins and other crypto assets at over 650,000 Scan to Pay-enabled merchants.Crypto holders can pay for their purchases through QR codes at checkout counters, while the merchants will receive their settlements in rand. The system works through the MoneyBadger platform, linking payments to users’ exchanges or Bitcoin Lightning…
James Ding Oct 10, 2025 05:43 TRX trades at $0.34 with a 1.03% decline as the token consolidates above its 200-day moving average while shorter timeframes signal potential weakness ahead. Market Overview TRX is currently trading at $0.34, marking a 1.03% decline over the past 24 hours with trading volume reaching $87.5 million. The token finds itself in a critical technical position, trading below both its 20-day and 50-day moving averages while maintaining support above the longer-term 200-day moving average at $0.30. This configuration suggests a consolidation phase with mixed signals across different…
China stepped up rare earth export controls on Thursday in a rare move that could have widespread implications for global supply chains and both traditional and crypto market sentiment.China’s Ministry of Commerce announced sweeping new export restrictions on rare earth materials, processing technologies and derivative products used in semiconductors, AI systems and defence.The new rules, set to take effect on Dec. 1, will require foreign companies exporting products containing Chinese-origin rare earth elements or related technologies – including those outside China – to obtain a dual-use license from the Ministry of Commerce (MOFCOM).This is a major escalation as China dominates…
A confidential draft bill circulating among Senate Democrats proposes sweeping new oversight of DeFi, extending Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) duties to DeFi interfaces, validators, and even node operators.According to reports, the leaked bill was intended as the Democrats’ counterweight to the House-backed market-structure bill. However, internal backlash has reportedly stalled those broader discussions inside the Senate Banking Committee.Under the leaked framework, all DeFi applications enabling financial transactions must implement front-end KYC controls, potentially including browser-based wallets and liquidity interfaces.The leaked language also places new responsibility on oracle operators, potentially exposing them to enforcement if price feeds are linked to…
What is Bitcoin mining? Bitcoin mining is the process that keeps the BTC network secure and operational.Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts (trial and error) until they produce a hash that meets the network’s difficulty target.The first miner to find a valid solution broadcasts their block. Once the rest of the network verifies it, that miner earns a reward.If another miner solves the block before you, your result becomes invalid, known as a “stale block,” and you must start over with a new set of transactions for the next block.As of…