Articles for category: Crypto

November 1, 2025

viralnado

Crypto’s New User Base Spurs Demand for Smarter, User-Friendly Security Solutions

The landscape of cryptocurrency usage is undergoing a profound transformation as new demographics embrace digital assets for everyday needs rather than ideological reasons. According to Louise Ivan, co-founder and CEO of Ryder, the entry of users from emerging markets is reshaping how crypto technology must evolve, particularly in the domain of security. Gone are the days when crypto was mainly the playground of early adopters, tech enthusiasts, and advocates of decentralized finance philosophies. Recent data from the third quarter of 2025 reveals that stablecoins, such as Tether’s USDT and Circle’s USDC, now represent around 40% of total crypto transaction volume

November 1, 2025

viralnado

U.S. Treasury Secretary Scott Bessent Highlights Bitcoin’s Reliability Amid Government Shutdown

On the 17th anniversary of the Bitcoin white paper release, U.S. Treasury Secretary Scott Bessent acknowledged the cryptocurrency’s uninterrupted operation while drawing a pointed contrast with ongoing government disruptions. In a message posted on X, Bessent praised Bitcoin’s resilience, emphasizing that the network “never shuts down” and implicitly suggesting that policymakers could take a lesson from its consistent availability. October 31 holds special significance within the crypto community as it marks the day in 2008 when Satoshi Nakamoto published the foundational nine-page document outlining a peer-to-peer electronic cash system. This white paper set the groundwork for the Bitcoin network, which

November 1, 2025

viralnado

Solana ETFs Draw Four Consecutive Days of Inflows as Bitcoin and Ether Funds See Withdrawals

Spot Solana exchange-traded funds (ETFs) have experienced a steady inflow of capital for the fourth day running, marking a notable divergence from the outflows observed in Bitcoin and Ether funds this week. Data from SoSoValue indicates that Solana ETFs attracted $44.48 million on Friday alone, pushing total inflows for the week to approximately $199.2 million and driving their combined assets beyond the $502 million mark. The Bitwise Solana ETF (BSOL) was the primary beneficiary of this surge, contributing the majority of new investments and achieving a 4.99% increase on Friday. This follows its recent launch earlier in the week, which

November 1, 2025

viralnado

Steak ‘n Shake Rolls Out Bitcoin Treasury and Rewards Program for Crypto Enthusiasts

American fast-food chain Steak ‘n Shake has officially established a dedicated Bitcoin treasury, funded by the cryptocurrency generated through payments at its outlets. The initiative marks a strategic move to integrate Bitcoin more deeply into its business operations. In a recent announcement on X, the restaurant confirmed that all Bitcoin payments made at its locations will be allocated to this newly created Bitcoin reserve. This development was met with enthusiasm from the Bitcoin community, reflecting growing support for mainstream companies adopting digital assets. Additionally, Steak ‘n Shake pledged to contribute part of its Bitcoin earnings to charitable causes supporting the

October 31, 2025

viralnado

Bitcoin Struggles to End October in Positive Territory Amid Notable Market Volatility

Bitcoin (BTC) managed to climb back above the $110,000 mark following a turbulent week, yet still faces the prospect of closing October in negative territory for the first time since 2018. The cryptocurrency market witnessed a sharp rebound on Friday after a significant sell-off on Thursday, as traders reacted to cautiously optimistic developments from the recent Trump-Xi summit in Busan. During Thursday’s volatility, Bitcoin briefly fell below $107,000 but recovered to trade just above $110,000 on Friday morning, reflecting a 2.7% increase for the day. Ethereum (ETH) mirrored this upward momentum, gaining approximately 2.5% to near $3,870, despite losing nearly

October 31, 2025

viralnado

Ethereum Eyes Breakout as Analyst Highlights Potential Surge Beyond $5,000

Ethereum (ETH) is exhibiting signs of renewed momentum, with technical indicators suggesting the cryptocurrency is edging closer to a new all-time high, potentially surpassing the $5,000 mark. Based on data analyzed by CoinDesk Research’s technical models, ether experienced increased trading volume during an upward push but encountered resistance near the upper price band, resulting in a consolidation phase. The cryptocurrency traded within a tighter range, establishing key levels both above and below its current position. Crypto analyst Michaël van de Poppe shared insights on social media platform X, emphasizing Ethereum’s status as the leading ecosystem for investment. According to van

October 31, 2025

viralnado

New Hampshire Senate Commerce Committee Pauses Crypto Mining Deregulation Bill After Public Backlash

The New Hampshire Senate Commerce Committee has postponed consideration of a bill designed to ease regulations on cryptocurrency mining, following a surge in public feedback expressing concerns over the measure. The committee’s vote on Thursday resulted in a 4–2 decision to send the proposal for further examination during an interim study period. House Bill 639 aims to restrict municipalities from imposing local regulations on crypto mining operations, including rules related to electricity consumption and noise levels. Additionally, the bill seeks to prohibit both state and local governments from levying taxes specifically targeting digital asset activities. If enacted, it would affirm

October 31, 2025

viralnado

BlackRock Shifts Majority of BUIDL Fund from Ethereum to Multiple Blockchains

BlackRock and its tokenization collaborator Securitize have significantly diversified the blockchain distribution of their tokenized fund BUIDL, leading to a roughly 60% reduction in the fund’s market capitalization on the Ethereum network. This strategic reallocation moves a substantial portion of BUIDL’s assets onto Aptos, Polygon, and Avalanche, marking a notable shift in the fund’s exposure across blockchain ecosystems. According to data from RWAxyz, as of October 30, BUIDL’s holdings across Avalanche, Aptos, and Polygon surged to approximately $554.7 million, $544.1 million, and $530.9 million respectively. This is a substantial increase compared to the fund’s assets on these blockchains reported on

October 31, 2025

viralnado

Wall Street Splits on Coinbase’s Growth Outlook Despite Q3 Earnings Beat

Coinbase (COIN) surpassed Wall Street expectations with its third-quarter earnings, sparking mixed reactions from analysts over the crypto exchange’s future growth potential and cost management challenges. The company reported transaction revenue of $1.05 billion and an adjusted EBITDA of $801 million, both figures exceeding consensus forecasts. Market watchers broadly attributed this strong performance to Coinbase’s increased activity in derivatives trading, expanded subscription services, and the acquisition and integration of the Deribit platform. However, analysts offered diverging perspectives beyond these results. Barclays’ Benjamin Budish acknowledged Coinbase’s solid showing but expressed caution regarding rising operating expenses and narrowing margins as the company

October 31, 2025

viralnado

Bitcoin Slumps in October Amid BNB Surge and Regulatory Delays in EU

As October concludes, Bitcoin (BTC) breaks its longstanding positive streak, ending the month with a decline of over 10%, a rare setback during a period typically celebrated as “Uptober” in the cryptocurrency community. In contrast, Binance Coin (BNB) experienced significant gains, fueled by increased activity on the BNB Chain and a surge in memecoin launches. Bitcoin’s Uncharacteristic October Performance Bitcoin’s price trend for October defied years of historical data, which usually favor gains during this month. Instead, BTC recorded its first down month in seven years. Several factors contributed to this downturn, including a considerable liquidation event near $20 billion