Cryptocurrency
Fed cuts rates but Powell tempers December cut expectations
Chris Blake AI द्वारा उत्पन्न छवि
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.
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.
Trump media partners with crypto.com for prediction markets
Trump Media & Technology Group, owner of Truth Social, has announced a partnership with Crypto.com to integrate prediction markets into its platform. The deal allows users to place bets on events including political elections, inflation changes, and sports across major leagues. This move positions Truth Social as the first social media platform to embed such betting capabilities directly in its app.
Corporate crypto exposure becomes practical for public companies
30 अक्टूबर 2025 00:15Goldman Sachs and DBS complete first OTC interbank crypto options trade
29 अक्टूबर 2025 21:21Top US crypto exchanges recommended for 2025 investors
29 अक्टूबर 2025 12:17Mastercard in late-stage talks to acquire Zero Hash
28 अक्टूबर 2025 23:35Bitcoin drops below $113,000 amid stock market records
28 अक्टूबर 2025 22:55French lawmakers oppose digital euro and endorse bitcoin
28 अक्टूबर 2025 11:50Binance expands partnership with Trump family's crypto venture
28 अक्टूबर 2025 05:29Nydig advises crypto firms on treasury buybacks
New crypto ETFs debut amid government shutdown
Chris Blake AI द्वारा उत्पन्न छवि
Exchange-traded funds targeting smaller cryptocurrencies like Solana, Litecoin, and Hedera launched this week on major US exchanges, despite an ongoing government shutdown. The Bitwise Solana Staking ETF saw strong initial trading volume, marking the start of a broader wave of altcoin products. Issuers proceeded with listings as the Securities and Exchange Commission approved several under a more favorable regulatory environment.
Germany debates bitcoin amid eu regulations concerns
Germany's discussion on Bitcoin is heating up as lawmakers worry that strict EU rules might hinder innovation and financial autonomy. The Alternative for Germany party has proposed a motion urging the government to exempt Bitcoin from certain regulations.
Bitwise analyst forecasts rapid $1 billion growth for XRP ETF
Matt Hougan, chief investment officer at Bitwise, predicts that an XRP exchange-traded fund will easily reach $1 billion in assets within its first few months. He attributes this to the passionate 'XRP Army' community, despite bearish views from crypto insiders. Currently, about 20 XRP ETF filings are pending with the US Securities and Exchange Commission.
Reuters report details Trump family's $864 million crypto income
Chris Blake AI द्वारा उत्पन्न छवि
A Reuters investigation reveals that the Trump Organization earned $864 million in the first half of 2025, a 17-fold increase from the previous year, with over 90% stemming from cryptocurrency ventures. The report highlights sales of World Liberty tokens and the $TRUMP meme coin as key drivers. It raises concerns about self-enrichment and ties to investors with legal histories.
Trump organization reports major crypto earnings in 2025
The Trump Organization earned $802 million from cryptocurrency ventures in the first half of 2025, surpassing income from traditional businesses. This figure, based on a Reuters estimate, marks a 17-fold increase from the same period in 2024. Key contributors include World Liberty Financial and the Trump meme coin.
Fintechs and nonbanks pursue crypto custody charters
As cryptocurrency integrates into mainstream finance, fintechs, nonbanks, and tech giants are competing for federal and state trust charters to handle custody services. This arms race highlights the shift from decentralized key control to regulated institutional standards. IBM's recent announcement underscores the growing normalization of crypto custody.