Chris Blake
Bitcoin falls below $108,000 after Fed's rate cut
Chris Blake Изображение, созданное ИИ
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.
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.
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.
Federal reserve cuts rates amid trump crypto surge
30 октября 2025, 20:16XRP plunges 8% as fed signals and bitcoin weakness hit
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29 октября 2025, 21:21Top US crypto exchanges recommended for 2025 investors
29 октября 2025, 16:03Austrac fines crypto ATM operator Cryptolink in scams crackdown
29 октября 2025, 06:02Trump organization reports major crypto earnings in 2025
29 октября 2025, 02:09Experts advance joint fight against crypto-enabled crime
Fed cuts rates but Powell tempers December cut expectations
Chris Blake Изображение, созданное ИИ
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.
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.
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.
Senate Democrats demand investigation into Trump's pardon of Binance founder
Seven Senate Democrats, led by Elizabeth Warren, have called for a federal probe into President Donald Trump's pardon of Binance founder Changpeng Zhao. The lawmakers question the pardon's legality amid concerns over potential financial ties between Zhao and Trump. They warn that the action could erode trust in law enforcement and encourage white-collar crimes.