News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- Global ADA ETF growth hinges on regulatory frameworks shaping transparency, custody rules, and investor trust across jurisdictions. - U.S. SEC's granular disclosure requirements create institutional opportunities but complicate retail investor understanding through technical jargon. - Singapore's structured custody model and Japan's securities alignment demonstrate how clear regulations drive institutional adoption and market stability. - Canada's civil law provinces show enforceable transparency standar
- Nigeria's Immigration Service raised passport fees to ₦100,000 (5-year) and ₦200,000 (10-year) from September 1, 2025, citing quality maintenance as justification. - Opposition leader Peter Obi condemned the hike, noting fees now exceed the ₦70,000 monthly minimum wage, calling it an "added burden" on citizens. - The third fee increase in two years triples 5-year passport costs and doubles 10-year fees domestically, while overseas rates remain unchanged at $150-$230. - Critics argue the disparity disprop
- Tether to discontinue USDT on five blockchains to streamline operations and enhance security. - Move may cause short-term liquidity volatility on affected chains amid regulatory scrutiny of stablecoins. - Analysts highlight 53% market dominance despite withdrawals, while developers express mixed reactions to potential transaction impacts.
- Pi Network's v23 protocol upgrade and Valour Pi ETP listing on Spotlight Stock Market position PI as a hybrid of technical innovation and institutional accessibility. - Decentralized KYC verification, Linux Node expansion, and biometric authentication enhance compliance, security, and network stability for institutional adoption. - Valour ETP attracted $947M AUM by July 2025, enabling European investors to access PI through traditional brokerages while bridging decentralized and institutional finance. -
- MAGIC surged 1046.91% in 24 hours, 5691.23% in 30 days, but fell 4727.66% over one year, highlighting extreme short-term volatility. - The rally was driven by algorithmic momentum and speculative trading, with no official catalysts or fundamental improvements reported. - A backtested strategy (buy after ≥5% daily gains, hold 5 days) showed marginal 1.8% returns but poor risk-adjusted performance (Sharpe ratio 0.10). - Analysts suggest refining entry/exit triggers or extending holding periods to improve t
- Bitcoin’s derivatives markets face a self-reinforcing short squeeze in August 2025 due to extreme leverage and fragile structure. - A $107,440 support breakdown could trigger $1.5B in short liquidations, with 74% losses concentrated in long positions. - Ethereum mirrors Bitcoin’s risks, with -$1.55B net shorts and $2B potential forced coverings above $4,872. - Institutional ETF inflows ($54B) contrast with leveraged fragility, as 5–8% corrections risk $1.8B in weekly liquidations. - Investors warn levera
- Bitcoin historically underperforms in September (-7.5% avg) but often rebounds in October (+18.5% avg), with 2025 trends amplified by Fed policy shifts and altcoin dynamics. - 2025 volatility is driven by Bitcoin's 57.4% dominance decline, Ethereum's 2.15 MVRV ratio, and $39.5B in leveraged positions, signaling potential 20-30% corrections. - Strategic positioning includes September shorting (7.66% annualized returns) and October longs on Ethereum/Solana, while altcoin exposure targets high-utility token
- Global silver markets face a critical inflection point driven by geopolitical tensions, green energy demand, and monetary policy shifts. - Supply constraints intensify as Mexico's production declines 5% amid regulatory changes, while China's trade tensions disrupt 45% of industrial silver demand. - Solar PV and EV adoption will consume 30% of global silver demand by 2030, creating a structural 149M-ounce deficit as mine output grows just 2% annually. - Dollar weakness and gold-silver ratio imbalances (80
- Japanese gaming firm Gumi invests $17M in XRP to expand blockchain-based global payment networks, acquiring 6 million tokens by 2026. - The strategic move leverages XRP's utility in fast remittances and liquidity, supported by partnerships with SBI Holdings and Ripple's RLUSD stablecoin. - Gumi pairs XRP with Bitcoin staking, emphasizing long-term blockchain integration while monitoring market impacts quarterly for transparency. - This aligns with Asia's growing blockchain adoption, positioning Gumi to e
- 06:33Paxos Releases August Attestation Report by KPMG: PYUSD Token Circulation Surpasses 1.1 BillionJinse Finance reported that Paxos officially released the attestation report for the stablecoin PYUSD for August 2025, issued by KPMG, one of the "Big Four accounting firms." The report disclosed that the total tokens outstanding for PYUSD had risen to 1,169,714,720 as of August 29. The notional value of redeemable collateral in total net assets was $1,173,383,198, which is higher than the total tokens outstanding of PYUSD. In addition, Paxos data also showed that as gold prices increased, the market capitalization of its gold-backed token PAXG has surpassed $1.15 billion, currently reported at $1,153,328,709, marking a new all-time high.
- 05:42Pacifica's trading volume reached $1.75 billion in the past 24 hours, ranking first on the Solana network.BlockBeats News, October 2, according to Dune data, Solana ecosystem Perp Dex Pacifica reached a trading volume of $1.75 billions in the past 24 hours, ranking first in daily trading volume among Perp Dexs on the Solana network. Currently, the platform has a total of 15,325 user addresses, with 8,954 weekly active addresses. Pacifica founder Constance Wang posted on social media: "A community member showed up this morning at the café where the Pacifica team works with a homemade cake, just to celebrate Pacifica reaching the $1 billions daily trading volume milestone. Thank you to all the early supporters of Pacifica—this is just the beginning." It is reported that Pacifica is a perpetual contract DEX based on Solana, founded in January 2025 by three founders including former FTX Chief Operating Officer Constance Wang. It launched its testnet in just two months and completed its mainnet launch on June 10. Their goal is to build a platform that combines top-tier trading performance, user-centric product design, and AI-driven intelligent trading tools, enabling anyone to easily execute complex trading strategies.
- 05:42OpenAI completes share sale, reaching a record valuation of $500 billionsBlockBeats News, October 2 — According to sources familiar with the matter, OpenAI has completed a transaction allowing current and former employees to sell approximately $6.6 billion worth of company shares at a $500 billion valuation. This secondary sale makes the ChatGPT maker surpass Elon Musk’s SpaceX to become the world’s most valuable startup. Previously, OpenAI was valued at $300 billion in a $40 billion funding round led by SoftBank Group. Sources said that as part of this deal, OpenAI employees sold shares to a group of investors, including Thrive Capital, SoftBank, Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe Price. (Golden Ten Data)