Just a day after the post-election relief rally, Wall Street suffered one of its most violent sessions in years, with S&P 500 companies wiping out roughly $3 trillion in market value as the Nasdaq posted its steepest daily drop since the pandemic era. The scale of the destruction also produced a rather intriguing comparison: more…

Paraguay faces one of its most serious financial and political crises in years after regulators seized Ueno Bank, a fast-growing digital lender used by millions of locals. Although it began as a solvency issue, the situation quickly worsened, spreading to frozen accounts, protests, criminal investigations, upheaval at the central bank, and an impeachment battle involving…

TL;DR: US spot Bitcoin ETFs recorded a net $411.9 million outflow on November 6, according to Farside Investors. BlackRock’s IBIT accounted for $403 million in redemptions, while Fidelity’s FBTC attracted $42.8 million. The split matters more than a simplistic claim that every institutional investor was selling. US Bitcoin exchange-traded funds ended the week with another…

BTC, ETH, and XRP are all approaching key technical levels that could determine whether the latest correction deepens considerably or if the bulls will finally step up and prevent further losses. Martinez told his nearly 170,000 followers on X that downside risks for BTC are around $60,000; ETH could dump to $1,960; and XRP might…

After an intense business week in terms of major price moves, bitcoin has finally calmed at $76,000 as the weekend begins despite the resumed attacks between the US and Iran. Most larger-cap alts have remained calm over the past 24 hours, aside from ZEC and QNT, which have posted notable gains, while RAIN and CC…

The team behind the popular project revealed the agenda for its upcoming Ecosystem Summit, scheduled for November 17-19. The event will feature new platform announcements, technical demonstrations, developer discussions, ecosystem showcases, and direct appearances from co-founders Chengdiao Fan and Nicolas Kokkalis. What Comes in November for Pioneers The announcement shared by Pi Network on Friday…

The quickly deteriorating price landscape across the entire market has inevitably impacted how investors view it, with fear taking over. Data from Alternative.me shows that the popular Bitcoin Fear and Greed Index has tanked to its lowest position in three months. The good news is that the last time it was this negative, BTC broke…

All financial markets went through a highly volatile trading week, and crypto was not spared. Within the digital asset market, some performed worse than others, and, unfortunately for the XRP Army, their favorite token was among them. The cross-border token tanked hard, especially on Friday afternoon, to a seven-week low of $1.17 before rebounding slightly…

Zcash has activated its major network upgrade, NU7, on mainnet at block height 3,543,405 on November 5. NU7 cut Zcash’s target block times by threefold (from 75 seconds down to 25 seconds). Block rewards will also be adjusted to keep new ZEC entering circulation at roughly the same pace. Additionally, the number of blocks between…

Bitcoin Magazine U.S. Treasury Cuts Off MEXC From U.S. Financial System Over Alleged $16 Billion in Illicit Flows The U.S. Treasury’s Financial Crimes Enforcement Network issued a final order Friday that will cut offshore exchange MEXC Global off from the American banking system over alleged links to sanctions evasion by Iran, North Korea and Russia,…

Core Scientific plans to end its Bitcoin mining operations by December 2026 and enter 2027 as a dedicated high-density colocation provider focused on artificial intelligence (AI) and high-performance computing (HPC), CFO Jim Nygaard said during the company’s third-quarter earnings call on Thursday. The transition has already reduced the company’s mining fleet by nearly half as…

Bitcoin (BTC) may have already completed its bear market bottom, despite renewed selling that pushed the OG cryptocurrency toward $75,000 this week. This is according to trader KillaXBT, who believes market structure carries more weight than the seasonal pattern that has often placed BTC’s cycle lows in the fourth quarter. Market Structure Over Bitcoin’s Usual…

Bitcoin Magazine Bitcoin Magazine Books Opens 333-Copy Genesis Book Collector Edition for 3rd Anniversary Bitcoin Magazine Books opened a third-anniversary campaign Friday for Aaron van Wirdum’s The Genesis Book, offering a redesigned Collectors Edition limited to 333 hand-signed, individually numbered hardcovers in an exclusive Genesis Block slipcase. Each Collectors Edition hardcover is hand-signed and hand-numbered…

A wide range of altcoins have recorded steep weekly declines, and NEAR is no exception. It is among the worst performers, with its price tumbling to a six-week low, yet popular analyst Ali Martinez spotted a positive signal that could precede a rebound. Here’s how high the asset can go in the short term. The…

Bitcoin Magazine Thailand SEC Files Criminal Complaint Against Bitget Ahead of Dec. 5 Access Block Thailand’s Securities and Exchange Commission filed a criminal complaint Thursday against BG Limited, the operator of cryptocurrency exchange Bitget, alleging it ran an unlicensed digital-asset exchange for Thai users from 2022 to 2025, and notified the government to block the…

Bitcoin Magazine Former FBI Agent Pleads Guilty to Stealing $2.47 Million in Crypto From Investigations A former FBI agent pleaded guilty Thursday to stealing about $2.47 million in cryptocurrency with wallet credentials the bureau had collected in its own cases, the U.S. Attorney’s Office for the Eastern District of Virginia announced. Patrick Steven Yaroch, 37,…

A Bitcoin developer has suggested several ways to make quantum attackers lose their own BTC if they try to steal coins that remain vulnerable to future quantum computing attacks. The concept was shared by Cory Fields, who works on Bitcoin software at MIT’s Digital Currency Initiative, in a post to the Bitcoin development mailing list.…

Bitcoin Magazine Strive (ASST) Posts $474.8 Million Common Net Income as Bitcoin Yield Hits 63.2% Strive reported $474.8 million of net income attributable to common stockholders for the third quarter ended Sept. 30, a print that arrived Friday alongside a company claim that Class A total return had outperformed bitcoin by 103.7% year to date…

All eyes in the past week were on the US midterms that took place on Tuesday, and financial markets have yet to settle following the major volatility experienced after their conclusion. But first, let’s review how we got there. Binance was hit with the largest hack in USD terms last Friday morning when reports emerged…

Bitcoin Magazine Rule to Allow Crypto in 401(k)s Arrives at White House for Final Review A final DOL rule that would ease alternative assets such as private equity, real estate and cryptocurrency into 401(k) retirement plans arrived at the White House on Thursday for review, Bloomberg Law reported, a procedural step that usually precedes public…

The cryptocurrency market has been bleeding heavily again, and ETH was not spared in the renewed correction. The largest altcoin plunged 7% over the past 24 hours, yet many analysts remain optimistic that nothing is lost and a major rebound could be coming. Meanwhile, one whale’s actions support the bullish theory. Time to Rally Again?…

Bitcoin Magazine Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says Hackers tied to the record Binance theft have begun converting a large slice of the stolen XRP into bitcoin, blockchain analytics firm Elliptic said in an update dated through Friday, with about 42 million XRP — roughly $50 million…

The world’s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune. In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve…

Ripple’s cross-border token has retraced by 3% over the past week and 7% on a monthly scale, currently trading at around $1.03 (per CoinGecko). However, the popular analyst Ali Martinez outlined two factors that could serve as catalysts for a potential upcoming rally. Major Pump Ahead? According to him, the first element is the Tom…