Articles for category: Crypto

October 25, 2025

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Trump Taps SEC’s Mike Selig to Lead U.S. Commodity Futures Trading Commission

President Donald Trump has officially nominated Mike Selig, a key attorney from the Securities and Exchange Commission’s crypto task force, to serve as the next chairman of the U.S. Commodity Futures Trading Commission (CFTC). This marks a shift from Trump’s previous pick, former CFTC Commissioner Brian Quintenz, whose confirmation efforts stalled in the Senate. The leadership of the CFTC holds significant importance for the cryptocurrency sector, especially amid ongoing congressional debates that position the agency as a primary regulator for digital asset transactions. If confirmed by the Senate, Selig would play a crucial role in shaping the enforcement and implementation

October 25, 2025

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Michael Saylor’s MicroStrategy Maintains Premium Amid Bitcoin Treasury Stocks’ Broad Decline

As bitcoin treasury companies face sustained pressure in share prices and slowing bitcoin purchases in a tightening market, most now trade below their net asset value (mNAV), signaling a significant devaluation of their bitcoin holdings relative to market capitalization. Unlike diversified crypto firms or mining companies, “pure play” bitcoin treasury firms—those primarily holding bitcoin on their balance sheets—have seen their market caps dip beneath the value of their stored BTC. Data from BitcoinQuant reveals multiple such companies are enduring this challenge. One illustrative case is Semler Scientific (SMLR), which began accumulating bitcoin mid-2024, amassing over 5,000 BTC. Despite this substantial

October 25, 2025

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XRP Set for Potential 35% Gain Amid Ripple’s Institutional Expansion and Technical Strength

XRP is showing promising signs of a potential price surge as both technical indicators and fundamental developments align to support a bullish outlook. The cryptocurrency recently bounced off a critical support level, sparking optimism around a possible 35% rally in the coming months. Analysts point to XRP’s recovery at the lower boundary of an ascending triangle pattern on its price chart, a formation that has historically preceded sharp upward moves. Notably, in early 2025, similar rebounds from this trendline triggered gains in the range of 70-80%. As of the latest sessions, XRP rose over 8% after testing this support zone,

October 25, 2025

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Bitcoin Holds Steady Above $111K as Market Awaits Directional Move

Bitcoin maintained a narrow trading range just above $111,000 in the latest session, as investors and traders awaited a decisive breakout. As of 08:00 UTC on October 25, BTC fluctuated between approximately $111,157 and $111,634, confined within a tight range of around 1.8%, equivalent to roughly $2,025 in value. Analytical data from CoinDesk Research highlighted key resistance levels forming between $111,800 and $111,900, while support was established near the $109,800 mark. This range-bound activity reflected a balance between buying and selling pressure, with no prevailing market driver pushing Bitcoin toward a sustained directional move during the period. Volume dynamics provided

October 25, 2025

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Bitcoin ETFs Attract Strong Inflows as Ethereum Spot ETFs Experience Second Consecutive Week of Outflows

Spot Ethereum exchange-traded funds (ETFs) have recorded outflows for the second week in a row, signaling a shift in investor sentiment following months of robust inflows. Data from SoSoValue reveals that Ethereum (ETH) ETFs collectively saw net redemptions totaling $243.9 million during the week ending Friday, following a $311 million outflow the previous week. This trend has brought the cumulative inflows across all Ether spot ETFs to $14.35 billion, while total net assets under management remain at $26.39 billion. These assets account for approximately 5.55% of Ethereum’s overall market capitalization. On the final day of the week, ETH funds faced

October 25, 2025

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Ripple Prime Launches as Integrated Brokerage Desk to Boost RLUSD Stablecoin Usage

Ripple has officially completed its acquisition of the global prime brokerage firm Hidden Road, unveiling the newly branded entity Ripple Prime as a comprehensive institutional trading, financing, and clearing solution, the company announced on Friday. The transformation marks a significant milestone for Ripple, with Ripple Prime’s business volume tripling since the initial acquisition reveal earlier this year. Currently, Ripple Prime serves over 300 institutional clients and has processed more than $3 trillion across multiple asset classes and markets. Ripple Prime is designed as a one-stop prime brokerage that integrates a wide range of financial products, including digital assets, foreign exchange

October 25, 2025

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Bank of England Investigates Lending to Data Centers Amid Rising AI Investment Risks

The Bank of England (BOE) has launched an investigation into the growing trend of financiers lending to data centers as a means to capitalize on the expanding artificial intelligence (AI) sector, according to a report by Bloomberg. In recent months, the UK’s central bank has been assessing potential market vulnerabilities linked to inflated valuations in AI-related companies. The BOE has expressed concerns that a sharp correction could occur, drawing parallels to the dot-com bubble burst in the early 2000s. Expanding its focus, the BOE is now scrutinizing the financial connections between AI enterprises and lenders who are increasingly channeling funds

October 24, 2025

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Crypto Adoption Hits New Heights in 2025, a16z Report Reveals

A new analysis from the venture capital firm a16z crypto highlights significant growth in the cryptocurrency ecosystem throughout 2025, marking a pivotal year for mainstream adoption among consumers, institutions, and stablecoin users. The report, released by Andreessen Horowitz’s crypto-focused arm managing $46 billion in capital, states that the total crypto market valuation exceeded $4 trillion this year. Alongside this expansion, the number of mobile wallet users increased by 20% compared to 2024, with active crypto users rising to an estimated 40 to 70 million, reflecting a gain of roughly 10 million from the previous year. Despite this increase, these active

October 24, 2025

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Tether Targets 100 Million US Users with Launch of USAT Stablecoin and Strategic Partnerships

Tether, the issuer of the world’s largest stablecoin USDT, is preparing to introduce a new U.S.-focused digital dollar token aimed at reaching 100 million Americans. The company’s CEO, Paolo Ardoino, revealed in a recent interview that this stablecoin, named USAT, is slated for a December launch. The USAT token is specifically designed to comply with U.S. federal regulations under the GENIUS Act, ensuring robust legal alignment within the domestic market. USAT will be issued by Tether America, a venture formed between Tether and Anchorage Digital, a regulated U.S. crypto bank. This partnership underscores Tether’s commitment to operating within established regulatory

October 24, 2025

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Crypto Markets Advance Modestly as US Inflation Edges Up to 3%

Cryptocurrency markets experienced a moderate upswing on Friday, October 24, following the release of key U.S. inflation data showing that the annual Consumer Price Index (CPI) increased to 3% in September, marking the highest rate since January. This development has solidified expectations that the Federal Reserve may implement interest rate cuts at its upcoming meeting. Bitcoin (BTC) led the charge with a 2% gain, briefly surpassing the $111,500 mark before retreating slightly. The total capitalization of the crypto sector also benefited, climbing 1.5% to about $3.85 trillion, according to data from CoinGecko. Ethereum (ETH) outperformed slightly, rising 2.6% to trade