Chris Blake
Bitcoin falls below $108,000 after Fed's rate cut
Chris Blake Larawang ginawa ng AI
Bitcoin dropped below $108,000 on October 30, 2025, as the cryptocurrency market shed over $80 billion following the Federal Reserve's 25 basis point interest rate cut. Traders reacted with a 'sell the news' move amid hawkish comments from Fed Chair Jerome Powell signaling no further cuts in December. The decline marks a disappointing end to 'Uptober,' with bitcoin on track for its worst monthly performance since 2014.
Solana price drops despite U.S. spot ETF launches
Solana's token price tumbled 8% on Thursday, erasing year-over-year gains, even as the first spot-based Solana ETFs debuted in the U.S. The Bitwise Solana Staking ETF attracted significant inflows, but failed to lift the price. Meanwhile, Fidelity advanced its own Solana ETF filing with the SEC.
Austrac fines crypto ATM operator Cryptolink in scams crackdown
Australia's financial crimes regulator AUSTRAC has fined cryptocurrency ATM operator Cryptolink $56,340 as part of efforts to combat scams and money laundering. The action highlights growing concerns over crypto ATMs, which have been linked to significant losses for victims, including elderly Australians. While new restrictions were imposed in July, advocates continue to call for an outright ban.
Federal reserve cuts rates amid trump crypto surge
October 30, 2025 21:46Senate Democrats demand investigation into Trump's pardon of Binance founder
October 30, 2025 20:16XRP plunges 8% as fed signals and bitcoin weakness hit
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October 30, 2025 03:30Aave token falls 8% amid broader crypto market weakness
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October 29, 2025 21:21Top US crypto exchanges recommended for 2025 investors
October 29, 2025 18:19Germany debates bitcoin amid eu regulations concerns
October 29, 2025 16:41Bitwise analyst forecasts rapid $1 billion growth for XRP ETF
October 29, 2025 06:02Trump organization reports major crypto earnings in 2025
Fed cuts rates but Powell tempers December cut expectations
Chris Blake Larawang ginawa ng AI
The US Federal Reserve cut interest rates by 0.25% to a range of 3.75%-4.0% on Wednesday, as expected. However, Chair Jerome Powell's hawkish comments during the press conference cast doubt on a further cut in December, triggering a selloff in crypto markets. Bitcoin fell below $110,000, while Chainlink experienced volatility before a partial rebound.
Prosecutors warn of crypto ATM scam in Washington
A woman in Washington, D.C., claims she lost thousands in a cryptocurrency scam involving ATMs. The city's top prosecutor accuses an ATM provider of enabling the fraud, where victims are tricked into buying bitcoin to supposedly protect their money. California regulators have also cracked down on similar kiosk operators for overcharging consumers.
Satoshi Nakamoto's Bitcoin holdings fall $4.9 billion in sell-off
Bitcoin holdings attributed to the cryptocurrency's pseudonymous creator, Satoshi Nakamoto, dropped nearly $5 billion in value on October 30 amid a broader market correction. The decline affected wallets untouched for over a decade, reducing their total value to $117 billion. Despite the loss, these holdings remain the largest individual stake in Bitcoin.
Mastercard declines comment on reported zerohash acquisition
Mastercard executives sidestepped questions about a reported $2 billion deal to acquire crypto infrastructure firm Zerohash during their third-quarter earnings call. The card network emphasized a broad acquisition strategy without confirming the speculation. This comes amid accelerating mergers and acquisitions in the digital assets sector.