Author: John Smith
US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Summary S&P 500 gained 0.6% and Nasdaq soared 1.2% as US stocks opened higher on Friday. Apple and Amazon stocks jumped 2% and 12% respectively following their earnings reports. Wall Street is up after shedding gains on Thursday. Stocks closed lower on Thursday as risk assets shed gains following this week’s Federal Reserve chair Jerome Powell’s comments. The S&P 500 fell 1% and Nasdaq led the rout with -1.6%. Dow…
Summary The XRP price is stable at $2.43, rising 8% per week amid optimism over Trump’s 10% tariff reduction. Range: $2.35–$2.55, with $2.30 serving as support and $2.70–$2.80 as resistance. A broader recovery in cryptocurrencies might be fueled by trade optimism and the Fed’s rate cuts. Failure risks decrease to $2.10–$2.20; a break above $2.70–$2.80 may aim for $3.00–$3.20. Overall XRP outlook: cautiously optimistic if global risk-on flows increase momentum. XRP price is stabilizing around $2.43 after U.S. President Donald Trump announced an approximately 10-percentage-point reduction in tariffs on Chinese imports following trade negotiations with Xi Jinping. This decision has…
Bitwise’s chief investment officer Matt Hougan is betting big on Solana, noting that it could mirror Bitcoin’s early growth. Summary Bitwise CIO Matt Hougan has outlined why he’s bullish on Solana, comparing it to Bitcoin’s early growth narrative. He explained that the best crypto investments offer “two ways to win,” through both market growth and increased market share. For Solana, those bets lie in the growth of the stablecoin and tokenization infrastructure sector and its rising dominance within it. He remains bullish on Ethereum but sees room for Solana to capture more shares. Matt Hougan, Chief Investment Officer of Bitwise,…
A post from Sam Bankman-Fried’s (SBF) X account is stirring the crypto community once again, this time claiming that FTX never needed to file for bankruptcy in the first place. Summary Sam Bankman-Fried’s X account posted a 15-page document titled “FTX: Where Did The Money Go?” The document claims FTX faced a liquidity crisis, not insolvency, when it filed for bankruptcy in November 2022. It alleged the estate now holds $8B even after repaying creditors and legal fees, highlighting stake in firms and crypto holdings. FTT token briefly surged to $0.84 following the post before cooling off. A controversial new…
The crypto market faced renewed pressure on Friday, Oct. 31 as major assets retreated following a wave of long liquidations that erased nearly $900 million in leveraged positions. The global crypto market capitalization has slipped 1.5% to $3.7 trillion in… Source link
Early Sui Name Service supporters are waking up to a fresh surprise as the network’s core identity project rewards its most engaged members. Summary SuiNS distributed 7.6 M $NS tokens to 95K early DAO voters. Rewards were issued as staked tokens with added voting power. The airdrop reinforces SuiNS’s role in building onchain identity. Early contributors to Sui Name Service are receiving a major governance boost through a newly launched retroactive airdrop. The update was announced by Sui Name Service in a statement published on Oct. 31, 2025. Airdrop rewards over 95,000 early voters The decentralized naming protocol built on…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Oak Mining offers secure cloud mining access for BTC, ETH, and more through global data centers. Summary Oak Mining lets users mine crypto by leasing hash power from global data centers with no hardware needed. Start mining BTC, ETH, and more with Oak Mining’s secure cloud platform for steady passive returns. Mobile cloud mining with Oak Mining lets anyone earn crypto easily through powerful remote servers. Oak Mining stands out as a premier cloud mining provider, enabling you to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Digitap hits $1m presale milestone as investors back its vision to merge traditional banking and DeFi. Summary Digitap raises $1m in presale as investors back its omni-bank bridging traditional finance and DeFi. Its TAP token is gaining momentum with real-world use cases, letting users spend, save, and earn in fiat and crypto. Investors are shifting to Digitap’s omni-bank vision, betting it could outperform Solana in 2025. In a space where speculation and hype are the order of the day,…
A data-driven analysis of Cointelegraph’s traffic collapse and the shifting algorithmic forces redefining visibility in crypto media. Even in crypto, where volatility is something the industry has long gotten used to, few expected to see Cointelegraph — one of the most recognized and authoritative names in crypto journalism — vanish from Google’s search results. Once dominating crypto-related queries and frequently featured in the Top Stories section, the outlet’s URLs have now all but disappeared. This has left many across the crypto media industry scratching their heads over what went wrong with the outlet itself. But on second thought — when…
OKX now backs customer funds with $35.4 billion in primary assets, a 75% annual surge, as its 36th consecutive PoR report establishes a new verifiable benchmark for an industry under regulatory scrutiny. Summary OKX marks three years of continuous Proof of Reserves reporting, confirming $35.4B in fully backed assets across 22 tokens. The exchange reports 75% year-over-year growth in reserves and 100%+ coverage for major assets like BTC, ETH, and USDT. User verification is surging, with ZK audits up 386% and “View My Audit” engagement up 123%. In a press release shared with crypto.news on Oct. 30, OKX announced that…