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Cryptocurrency & Blockchain News 🔗 ⚡️ Exclusives ⚡️ Guides ⚡️ Reviews ⚡️ Education ✅ Follow us on Twitter: https://twitter.com/Cryptonews ✅ Check out our website: https://cryptonews.com/
📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 16, breaking down the latest crypto headlines.
Don’t miss out — tune in now ✨
🚀 Coinbase Expands Staff Headcount in Q3, Reaching Highest Levels in Almost 2 Years
Coinbase hit its biggest workforce size in almost two years in Q3, hinting at a potential recovery in crypto hiring after 2022’s turmoil.
💸 500 BTC Moved From Mt. Gox-Linked Address: Arkham Data
Mt. Gox has moved 500 Bitcoins worth $35.04 million to several unknown addresses.
💰 Tether Reports Strong Q3 with $2.5B Profit, US Treasury Holdings Top $100B
Stablecoin issuer Tether said its Q3 profits hit $2.5B, lifting 2024 earnings to $7.7B and driving USDT circulation close to $120B.
👾Crypto ‘Market Maker’ Gotbit Founder Faces Wire Fraud Charges
Gotbit founder was involved in “a wide-ranging conspiracy” to manipulate crypto markets on behalf of client companies.
📰 SEC Crypto Defendants Spent $426 Million In Legal Defense Fees, Blockchain Association Reveals In New Report
Member companies of the Blockchain Association have spent $426 million on legal defense fighting the Gary Gensler-led SEC.
🪙Franklin Templeton Expands OnChain Fund to Layer-2 Base
Franklin Templeton’s $410M OnChain Fund is now on Coinbase’s layer-2 Base, blending blockchain tech with traditional finance assets.
🚨 New podcast with Jeff Garzik, CEO of Bloq and Hemi Network
In this conversation, Matt and Jeff discuss:
- Working with Satoshi
- Creating ASIC mining software for bitcoin
- Satoshi’s anonymity was CIA-level - a true pro
🔊 https://loom.ly/MRFIe2E
🔎 Trump vs Harris on Crypto: Everything You Need to Know
Where do Donald Trump and Kamala Harris stand on crypto — and what does this mean for American investors? Here's a full breakdown.
💰 Billionaire Saylor's MicroStrategy Unveils $42B Plan to Buy More Bitcoin Over Next Three Years
MicroStrategy has announced plans to secure an additional $42 billion in funding over the next three years, with the sole purpose of buying more Bitcoin.
💵 Can CBDCs Break US Dollar 'Hegemony'? BRICS Hopes So
CBDCs could help end the US dollar dominance in global trade, but that is still a long way off due to complex legal and governance issues.
👨💻 Asia Surpasses North America in Share of Crypto Developers: Electric Capital
The United States now accounts for just 18.8% of global crypto developers, a drop of 51% over the past year.
3. Star Dogs (STARS/WETH) ⚡️
🔹 24h Price Change: +14,152%
🔹 Current Price: $0.0004094
🔹 Analysis: Star Dogs’ price surge could be attributed to niche appeal or a potential meme status among crypto communities. With a lower market cap, meme tokens like this are highly reactive to social trends.
🔹 Strategic Insight: Monitor online forums and social media for mentions of Star Dogs; increased engagement can signal short-term growth.
🔹 Trade Wisely: Low-value tokens can fluctuate wildly, so it’s important to keep an eye on liquidity and ensure responsible trading.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Donarudo Torunp (TORUNP/WETH) 💸
🔹 24h Price Change: +64,014%
🔹 Current Price: $0.073701
🔹 Analysis: Donarudo Torunp’s massive 64,000% gain likely reflects a meme-driven interest surge, fueled by novelty and speculative trading in the market. With such rapid increases, this token is riding a wave of heightened curiosity or viral appeal.
🔹 Strategic Insight: Watch community engagement and trading volume closely; such high returns often accompany a speculative bubble.
🔹 Trade Wisely: High gains often precede significant corrections, so consider setting exit strategies and manage your risk accordingly.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💰 Coinbase Commits $25M to Fairshake in Push for Pro-Crypto Candidates for 2026 Midterms
Coinbase has announced a $25 million donation to Fairshake, aiming to bolster support for pro-crypto candidates in 2026 midterm elections.
💵 Paxos Launches USDG Stablecoin in Singapore Compliant to Regulatory Framework
Paxos has launched the USDG stablecoin in Singapore, fully compliant with local regulations and backed by DBS Bank.
⛓️TON Telegram Wallet to Launch Major Updates Adding Self-Custodial Option
At The Gateway event in Dubai today, TON announced an update to its Telegram-integrated crypo Wallet, with numerous new features highlighting a shift in user accessibility.
📊 Cryptocurrency price check 📊
🔹 BTC: $69,356 - 4.18%
🔹 ETH: $2,500 - 5.97%
🔹 BNB: $578 - 2.36%
🔹 XRP: $0.51 - 1.26%
🔹 ADA: $0.33 - 5.09%
🚨 Immutable Hit with SEC Wells Notice for Alleged Securities Law Violations
Blockchain gaming platform Immutable faces SEC scrutiny after receiving a Wells notice alleging potential securities violations.
🚀 Crypto.com Expands US Offerings with Watchdog Capital Acquisition
Crypto.com is expanding its U.S. offerings by acquiring Watchdog Capital, enabling equity and options trading alongside crypto!
🚨 Australian Police's New Powers Yield $142K Crypto Seizure
Australian Victoria Police have seized $142K in cryptocurrency during a drug trafficking investigation, marking the first successful confiscation under new laws!
⚠️ Crypto Losses in October 2024: 2nd Lowest YTD but 114% Higher Than Previous October
Over the past 30 days, the space lost $55,138,600 in DeFi hacks across seven incidents, Immunefi reported.
🔎 Polymarket Facing Rampant Wash Trading Claims in New Fortune Report
Polymarket is allegedly filled with wash trading, a form of market manipulation, a new Fortune report alleges. Here's the latest.
☀️Blockchain-Based Solar Firm Glow Raises $30M For Renewable Grid
Glow raises $30M to expand its blockchain-powered solar farms in the U.S. and India, supporting carbon-neutral energy projects and rewarding top performers.
📣 Binance's CZ Reflects on Prison Life, Says Human Connection Matters More Than Anything
Changpeng Zhao (CZ), made his first appearance on stage at Binance Blockchain Week event in Dubai on Thursday in front of a packed room to discuss his time in prison and future plans.
🇳🇱 Dutch Central Bank Fines Bybit €2.25 Million for Unlicensed Crypto Operations
The Dutch Central Bank has fined Bybit €2.25 million for operating without a license.
📣 dYdX Sees Convergence of CeFi and DeFi and Plans to Launch 'dYdX Unlimited'
Charles d'Haussy CEO dYdX Foundation told Cryptonews he sees a convergence in centralized exchanges (CEXs) and decentralized exchanges (DEXs) and noted that only 5% of perpetuals are currently traded on-chain.
2. Computer Assisted Biologically (CABAL/WETH) ⚡️
🔹 24h Price Change: +16,975%
🔹 Current Price: $0.006904
🔹 Analysis: CABAL’s growth suggests a combination of tech and biotech appeal, a niche that attracts speculative and thematic traders. This token may be experiencing early interest that could taper if not backed by continuous volume.
🔹 Strategic Insight: Stay tuned for any relevant announcements or partnerships that could indicate sustained interest or development in the token’s concept.
🔹 Trade Wisely: Gains of this magnitude can be volatile, especially if driven by hype rather than tangible progress or use cases.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Teenager Accused of Using Crypto to Support Al Qaeda
A 16-year-old from East London is accused of using cryptocurrency to fund Al Qaeda, allegedly raising $1,300 and offering cybersecurity skills to extremist groups.
🚨 ID Fraudsters Launch Automated Mega-Attacks on Crypto Companies, Abandoning Payments Sector
The increase in law enforcement intervention, among other factors, has pushed ID fraudsters toward crypto markets.