Bitcoin Drops Below $93,000, Erasing All 2025 Gains
Bitcoin fell below $93,000 on Monday, wiping out all gains made in 2025, according to CoinGecko data. In the last 24 hours, BTC dropped 2.3%, while over the past week it lost approximately 13%. Trading volume surged to $114 billion, according to CoinGlass.
The market recorded $335 million
Bitcoin Reserves Grow: El Salvador Buys Over 1,000 BTC in 7 Days
El Salvador has continued its Bitcoin accumulation strategy, purchasing 1,091 BTC on Tuesday, according to data from the Bitcoin Office. The transaction is valued at approximately $100 million. President Nayib Bukele posted on X that the country acquired 1,098.19 BTC over the past seven days, raising its
Nasdaq launches four new crypto ETFs including Solana, Litecoin, and Hedera
Four new crypto ETFs, including Solana (SOL), Litecoin (LTC), and Hedera (HBAR), were listed on Nasdaq starting Tuesday, signaling an expansion of traditional markets into alternative digital assets.
Bitwise launched BSOL, the first U.S. ETF with direct exposure to Solana, with all assets 100% staked and an estimated annual
Western Union embraces stablecoins to modernize international transfers
Western Union, a financial services company with over 150 million clients, will pilot a stablecoin-based transfer system to modernize its remittance operations.
CEO Devin McGranahan stated during the third-quarter earnings call that the pilot aims to “leverage on-chain settlement networks to reduce reliance on traditional banking systems, shorten settlement times,
Proposed legislation restricts Trump, family from crypto and stock transactions
U.S. Representative Ro Khanna has proposed a bill to ban all elected officials in the U.S., including President Donald Trump and his family members, from trading stocks and cryptocurrencies, citing conflicts of interest.
Khanna stated on MSNBC that the pardon of Binance co-founder Changpeng Zhao constitutes “blatant corruption,
SpaceX Consolidates Bitcoin Holdings Worth $914M
SpaceX, Elon Musk's aerospace company, moved over $133 million in Bitcoin, according to blockchain analytics firm Arkham Intelligence. The transaction involved transferring 1,215 BTC to multiple separate addresses, following similar transfers a few days earlier to addresses controlled by SpaceX.
Arkham Intelligence notes two distinct transfers: 300
Ferrari unveils F76, its first digital NFT hypercar
Ferrari has unveiled the F76, its first digital hypercar created exclusively as an NFT within the Hyperclub program for its clients. The model celebrates the 76th anniversary of Ferrari’s first victory at the 24 Hours of Le Mans in 1949 with the 166 MM.
The F76 is a virtual
Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has granted a pardon to billionaire Changpeng Zhao, the founder of the cryptocurrency exchange Binance, who was previously convicted on charges related to money laundering. The decision follows Zhao’s guilty plea in November 2023 and the completion of a four-month prison sentence.
Binance reached a multi-billion-dollar
Kadena Blockchain Ends Operations Amid Financial Collapse
Kadena, a blockchain project founded by former JPMorgan executives, has announced it will shut down operations after running out of funds. The company stated that while the blockchain network will remain operational due to its decentralized structure, all commercial activities and active maintenance will cease.
The decision follows a sharp
Bitcoin tops $120,000 as U.S. government shutdown delays crypto ETFs
Bitcoin surpassed the $120,000 mark on Friday as the U.S. government shutdown entered its third day, fueling expectations of continued positive performance for the cryptocurrency in October — a trend often referred to as "Uptober."
The U.S. Congress failed to reach a budget agreement by Wednesday,