Author: John Smith

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…

Holdings supposedly belonging to Bitcoin creator Satoshi Nakamoto lost almost $5 billion in value. Summary Satoshi’s Bitcoin holdings fell by almost $5 billion in a single day The Bitcoin founder hasn’t moved a single satoshi in 15 years The crypto market correction has wiped billions in market value, and is affecting even its biggest holder. On Thursday, October 30, Bitcoin holdings reportedly belonging to Satoshi Nakamoto have lost nearly $5 billion in value. While the Bitcoin (BTC) founder did not move any funds from the thousands of wallets supposedly under his control, their price was still affected. Holdings in these…

Bonk price weakens below the point of control resistance, signaling short-term vulnerability. Failure to hold the value area low could trigger a deeper correction toward untapped support zones. Summary Bonk breaks below the point of control resistance, confirming bearish momentum. Value area low remains the final key support to hold. Weak volume and failed bounces suggest downside continuation is likely. Bonk (BONK) price is showing growing signs of weakness after failing to reclaim the point of control (POC), a critical resistance level that had supported price action in recent days. The breakdown below this structure has shifted short-term sentiment bearish, suggesting…

US stocks opened lower on Thursday, with Meta and Microsoft tanking as Wall Street wavered despite promising trade talks between President Donald Trump and President Xi Jinping. Summary S&P 500 and Nasdaq fell sharply as Meta and Microsoft stocks slid. While Dow Jones Industrial rose in morning trades, the blue chip index had dipped at open. Investors are digesting tech earnings, Federal Reserve chair Jerome Powell’s remarks and news of a U.S.-China trade truce. US stocks shed gains as markets weighed the latest earnings reports as well as the outcome of the meeting between Donald Trump and Xi. The S&P…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP navigates regulatory headwinds and slow institutional adoption, new platforms like COME Mining are giving token holders fresh ways to unlock value. Summary Ripple’s XRP continues to attract attention for cross-border payments but faces slow institutional adoption due to regulatory hurdles. COME Mining introduces a “cloud mining + multi-currency settlement” model that enables XRP holders to generate daily earnings. The platform aims to transform XRP from a static asset into a source of steady, flexible income. Amid global…

Crypto liquidations within the past 24 hours have reached $825 million, with long positions dominating. The market crash comes as major altcoins begin to drop in value. Summary The crypto market saw a massive $825.4 million in total liquidations on Oct. 30, with long positions making up over 79% of the total. Bitcoin led the losses with $310.3 million in long liquidations. The market cap dropped 1.6% to $3.8 trillion as Bitcoin, Ethereum, and major altcoins like Solana and XRP saw sharp declines. The downturn was fueled by post-Fed rate cut uncertainty, excessive leverage, and fading investor momentum despite new…

Cardano price is facing renewed downside after heavy whale selling triggers short-term pressure. Summary Whales sold 100M ADA in three days. DeFi and trading volumes are declining. ETF hopes and network upgrades may aid recovery. At press time, Cardano was trading at $0.6404, down 0.7% over the previous day. Although ADA has increased by roughly 1.7% in the past week, it remains down 20% over the past month. The token has been moving within a 7-day range of $0.6303 to $0.6905, suggesting a period of cautious trading after recent volatility. Trading activity also appears to be cooling. Cardano’s (ADA) 24-hour…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Momentum in crypto is turning toward projects with real users and clear payment utility. Solana, Ripple, and Remittix lead that trend into 2025. Summary Solana and Ripple show steady adoption through new payment rails and institutional products. Remittix raises $27.7m and launches a wallet beta focused on low-cost cross-border transfers. Clear use cases and simple access put these names on traders’ 2025 watchlists. Momentum is shifting toward networks with speed, access, and real users. Solana keeps winning headlines while…

One of Solana’s leading trading platforms is taking a new step that could reshape how tokens are launched across the network. Summary HumidiFi DEX will debut its WET token on Jupiter’s DTF ICO platform. The Solana-based DEX processes up to 40% of network DEX volume. DTF grants JUP stakers exclusive access and introduces a controlled token sale format. HumidiFi, a leading decentralized exchange on Solana, will launch its native WET token through Jupiter’s new Decentralized Token Formation platform, the first project to debut on the service.  Jupiter (JUP) confirmed the news in an Oct. 30 post on X, marking a major milestone for both platforms as Solana’s…

Markets got the rate cut they wanted, but along with it, a sobering message from the Fed they didn’t see coming. Jerome Powell’s warning that more easing may not be in the cards this year rattled investors, sending the Dow into a reversal and triggering a bloodbath in the crypto market led by Bitcoin. Summary The Federal Reserve cut interest rates by 0.25%, lowering the benchmark range to 3.75–4%. Chair Jerome Powell signaled no guarantee of further cuts in December, citing inflation and labor risks. Stocks reversed record gains while Bitcoin and major cryptocurrencies tumbled, triggering a broad risk-off retreat.…