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Bitcoin BTC$123,377.52 regained ground on Wednesday, climbing back to nearly $124,000 after a flush to $120,000 the day before. It was recently trading at $123,500, up 1.5% over the past 24 hours.Altcoins followed the move higher but didn’t reclaim the levels seen earlier in the week. Ethereum ETH$4,528.54, Ripple’s XRP$2.8807, Solana SOL$229.14, DOGE$0.2556 and AVAX$28.82 each added between 1% and 3%. The CoinDesk 20 Index, which tracks a basket of major digital assets, rose 2%.Looking at crypto-related stocks, BTC miners tied to high-performance computing infrastructure once again led gains. Cipher Mining (CIFR) and Bitfarms (BITF) jumped 11%–12%, while CleanSpark (CLSK)…

US crypto exchange Gemini is set to expand its offerings in Australia with the launch of a new locally registered entity, and is taking a wait-and-see approach to recent draft laws expected to broaden oversight of the crypto sector.Gemini’s head of Asia Pacific, Saad Ahmed, told Cointelegraph that Australia’s crypto penetration is “quite significant, somewhere in the range of 23 to 25%” which leaves the exchange with “headroom for growth.”On Thursday, the exchange said it created a local entity registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, enabling it to provide access to…

Join Our Telegram channel to stay up to date on breaking news coverage The BNB price soared 5% in the last 24 hours to trade at $1,311 as of 4 a.m. EST on a 105% increase in trading volume to $12.05 billion. The pump enabled BNB, the native token of BNB Chain, to leapfrog over XRP and Tether to become the third-largest crypto by market capitalization. That comes as CEA Industries announced that it holds 480,000 BNB tokens worth over $633 million. The company is adopting Binance Coin as its main treasury asset and aims to raise more funds to…

TransCrypts, a blockchain startup building tools for people to own and share verified credentials, has raised a $15 million seed round led by Pantera Capital. The round included Lightspeed Faction, Alpha Edison, Motley Fool Ventures, and a mix of returning investors such as Mark Cuban and Protocol Labs.The funding follows a strong summer for the San Francisco-based company. In September, TransCrypts won CoinDesk’s Pitchfest at Consensus Hong Kong, taking home $10,000 in tokens, a trophy, and ten coaching sessions.Founder and CEO Zain Zaidi said that the win helped the team refine its vision for what he calls “self-sovereign identity”— a…

Polygon price eyes gains as the community cheers the Rio upgrade going live on the mainnet. Rio introduces stateless validation, reducing node storage needs and enabling broader participation. The upgrade also mitigates the risk of chain reorganizations with near-instant finality. Polygon price rose as the Rio hardfork, a major upgrade aimed at redefining global payments on decentralized networks, went live on the mainnet.  The Polygon Labs team announced the milestone on October 8, 2025, noting in a blog post that the upgrade is the network’s biggest ever. Speed, near-instant finality, and lightweight nodes are key features that will go live…

Mantle (MNT) is bucking the broader market downturn, jumping 4% daily and 31% weekly to trade near $2.44 after printing a new all-time high at $2.47 (Oct. 7). Related Reading The catalyst stack is clear: Mantle unveiled a compliance-first Real-World Assets (RWA) “Tokenization-as-a-Service” suite at Token2049, positioning the L2 as one of the few ecosystems building institutional-grade RWA rails. Momentum accelerated as World Liberty Financial confirmed its USD1 stablecoin, currently the #6 stablecoin with $2.6 billion cap, will launch on Mantle, a credibility boost for the network’s DeFi and payments footprint. A deeper “Mantle × Bybit Roadmap” adds distribution as…

Bitcoin climbed 1.75% over the past 24 hours to $123,250 as of press time, driven by sustained spot ETF inflows, gold’s rally to fresh records, and softer Federal Reserve rate guidance.US spot Bitcoin ETFs added $2.1 billion in net inflows between Oct. 6 and Oct. 7, according to Farside Investors. The movement extended a seven-session streak of positive flows as of Oct. 7.The funds absorbed $875.6 million on Oct. 7 alone despite Bitcoin experiencing a 2.4% correction and briefly losing the $121,000 level before the market rebounded.The continued demand from ETF channels provided a floor under the price and reinforced…

S&P Global announced plans to launch the S&P Digital Markets 50 Index, a benchmark that combines 15 crypto with 35 publicly traded crypto-linked equities, and a potential inclusion of XRP might reshape its structure.S&P Dow Jones Indices developed the index in collaboration with Dinari, which will issue a token tracking the benchmark on its dShares platform, according to an Oct. 7 announcement.The equity portion includes companies involved in digital asset operations, infrastructure, financial services, and blockchain applications, while the crypto portion draws from S&P’s existing Broad Digital Market family.Initial methodology details reported by Barron’s indicated the index will cap individual…

The XRP community has been called to attention after a new analysis linked the cryptocurrency’s trajectory to a powerful market force that many have overlooked. A recent breakdown by crypto analyst Austin Hilton has spotlighted a direct connection between XRP and Bitcoin that could shape how investors position themselves ahead of what could be one of the most explosive altcoin runs in years.  How Bitcoin’s Performance Could Dictate XRP’s Next Move Hilton shared a video analysis on X social media, discussing a simple yet powerful correlation that shows the Bitcoin price action tends to influence the direction of XRP. At…

Jupiter, a decentralized trading platform on Solana, has announced plans to launch its stablecoin in partnership with Ethena Labs. The new token, called JupUSD, is scheduled to go live in mid–Q4 2025. According to an X post on Wednesday, JupUSD will be integrated across all Jupiter products, serving as collateral on its perpetual futures exchange, a liquidity asset in Jupiter’s lending pools and a trading pair.According to Jupiter, the stablecoin will be 100% collateralized by Ethena Labs’ USDtb, a dollar-pegged token backed by short-term US Treasury assets. Over time, USDe, Ethena’s synthetic dollar, will be added as collateral to optimize…