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Join Our Telegram channel to stay up to date on breaking news coverage The crypto market plunged more than 10% after US President Donald Trump announced 100% tariffs on China’s exports starting Nov. 1, triggering $19 billion in liquidations. Solana slid 16%, XRP 14%, Ethereum 12%, Bitcoin 9%, and Dogecoin 22% as traders rushed to unwind leveraged positions. Data from CoinGlass showed most of the $19 billion in liquidations came from long positions as markets turned risk-off. One trader estimated that it was ”likely the largest liquidation event, in $ terms, in crypto history.” Trump’s actions came in response to…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The phrase fair launch evokes images of grassroots communities with no preferential treatment for any specific group, equal access for all with no development or team incentives, and protocols born without hidden privilege. Yet, in 2025, fair launch has become less a principle and more a marketing slogan. The values that once guided this term, including equality and true alignment between users and builders, have been diluted to fit whatever allocation scheme the latest token distribution demands.…
Institutional money keeps building in Solana even as the broader crypto market cools, putting fresh focus on the chain’s most liquid meme-coin trades. A newly rebranded public company focused on Solana (ticker: HSDT) said Friday it added Coinbase, BitGo, and Anchorage Digital as custodians while continuing to build a SOL-denominated corporate treasury. The move, announced at 8 a.m. ET release, highlights how institutional infrastructure around Solana is expanding at a time when crypto prices have softened over the past 24 hours. DISCOVER: 16+ New and Upcoming Binance Listings in 2025 How Is Solana Expanding Its Treasury and Core Infrastructure? Bitcoin eased…
U.S. lawmaker negotiations over market structure legislation appear to be ongoing, but contentious.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativePolicy work around digital assets seems to be in a bit of a limbo as the U.S. government shut down runs through its second week. There are signs lawmakers continue to work out details on market structure legislation, which the industry desperately wants in the hopes it will cement the roles of the Securities and Exchange Commission, Commodity Futures Trading Commission and establish just…
The creators of Cryptopunks and Autoglyphs just wrapped up Art Blocks’ curated series with a new release, Quine.Generative art NFT platform Art Blocks launched its final curated collection today, with an auction for a new collection by Larva Labs, the creators of Cryptopunks, Autoglyphs, and Meebits.The collection, named Quine, features 477 pieces up for public purchase via an auction mechanism, where the lowest winning bid is the price paid by all bidders. The low bid sat at just 0.3 ETH, or $1,250, late last night, and serious participants flooded the auction over the closing hour, with the sale closing at…
Bitcoin mining has shifted dramatically over the past decade. In its early years, anyone with a computer could mine coins at home. Today, the industry is dominated by specialized hardware, large data centers, and enormous energy consumption, making it difficult for everyday Americans to participate.But cloud mining has changed the equation. With just a smartphone or laptop, U.S. residents can now rent hash power from global mining farms, skip the complicated setup, and start generating passive Bitcoin income with only a few clicks.In 2025, a handful of platforms stand out for providing cheap, reliable, and beginner-friendly cloud mining services. Below…
[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, October 9th, 2025] Fanable by Ethernal Labs, a Web3 marketplace for Pokémon, comic books, and digital collectibles, has successfully achieved $11.5 million in backing to accelerate growth and expand its ecosystem. Fanable – developed by Ethernal Labs – is backed by Michael Rubin (founder of Fanatics), Ripple, Steel Perlot, Polygon, Borderless, Morningstar, and others. Alongside this milestone, Fanable is partnering with the Collect Foundation to launch a point farming campaign for the upcoming $COLLECT token, bringing new utility and community engagement to the collectibles economy. Fanable has quickly become a hub…
Norwegian officials are investigating a potential leak after large bets were placed on the Nobel Peace Prize outcome on Polymarket just hours before it became public.Venezuelan opposition leader Maria Corina Machado, who won the 2025 Nobel Peace Prize for her role in the fight for democracy, saw a spike in bets on her victory on the prediction markets hours before the official announcement, Bloomberg reported. The spike was so notable that Polymarket’s official account posted on social media about it.A trader using the handle “dirtycup” placed a near $70,000 bet on Machado and walked away with about $30,000 in profit,…
APIA, Samoa, Oct. 11, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, today announced the launch of its Market Confidence Campaign, a global initiative designed to support traders during the current market downturn. Crypto markets have experienced broad declines across major assets in the past week, driven by macroeconomic uncertainty, deleveraging pressures, and weakening risk appetite. In response, Phemex is introducing practical incentives and cost-saving measures to help users maintain disciplined strategies and long-term confidence amid volatility. Running from October 11 to October 31, 2025, the campaign supports both new and existing users through incentives that promote disciplined participation…