Author: John Smith

In a world where crypto traders demand speed, transparency, and simplicity, BIT.EU is positioning itself as a bridge between traditional finance and decentralised innovation. The platform offers fiat-to-crypto access, spot and futures trading, and a robust copy-trading system that allows users to mirror expert strategies automatically. Launched by Yellow Sand Oasis Ltd., BIT.EU focuses on accessibility for everyday users while maintaining a global outlook. It’s designed for those who want to buy, trade, and copy in one place — whether you’re a complete beginner or a seasoned trader looking for social trading advantages. What is BIT.EU? BIT.EU is a multi-service…

South Korea’s publicly listed Bitplanet has begun its daily Bitcoin accumulation program, purchasing 93 BTC on Oct. 26 as part of a long-term plan to build a 10,000 BTC treasury.  Summary Bitplanet begins daily Bitcoin buys, acquiring 93 BTC as part of a 10,000 BTC treasury plan. The move marks Korea’s first regulated Bitcoin purchase by a listed firm. Comes as Bitcoin rebounds to $115K on ETF inflows and Fed rate-cut hopes. The move marks the country’s first fully regulated Bitcoin purchase by a public company. The KOSDAQ-listed firm, backed by Metaplanet chief executive officer Simon Gerovich, is positioning itself…

Dogecoin’s price is stuck in a bear market after plunging by over 36% from its year-to-date high, and two emerging patterns point to a strong breakdown as demand wanes.  Summary Dogecoin price could be on the verge of a strong bearish breakout. The coin has formed a bearish pennant pattern on the daily chart. It is also about to form the risky death cross pattern on the daily timeframe. Dogecoin price forms two risky patterns The daily chart shows that the Dogecoin (DOGE) price has been in a downtrend this month. This crash may continue as a death cross pattern…

Coinbase’s x402 payment protocol has recorded nearly 500,000 transactions in a single week, indicating a massive spike in adoption. Summary Coinbase’s x402 protocol processed 500K transactions, up 10,780% in a month. The protocol allows payments between AI and humans using stablecoins over the internet. x402 powers API monetization, AI payments, and on-chain microtransactions. The online payments system saw a 10,780% increase in transaction activity compared to levels from four weeks earlier. Coinbase CEO Brian Armstrong posted on X that “x402 growing like crazy.” The protocol allows AI agents and humans to transact in stablecoins directly over the internet without credit…

XRP price continued its strong comeback this weekend as institutional demand for the token and its futures contracts jumped.  Summary XRP price has jumped by over 88% from its lowest level this month.  The recently launched XRP ETF has gained $100 million in assets. CME XRP futures open interest has continued its strong uptrend this month. Ripple (XRP) token rose to $2.6197, its highest point since Oct. 11, and 88% from its lowest point this month.  Ripple ETF inflows and futures demand XRP price continued its strong rally this month, with data showing robust institutional demand for the coin.  One…

After the biggest crypto deleveraging event in five years, Tom Lee, chairman of Bitmine Immersion Technologies, says the worst may be over — and a year-end rally could be in sight. The Oct. 10 liquidation, triggered in part by rising U.S.-China trade tensions, erased billions in leveraged positions across digital assets. “That was the biggest liquidation event in five years for crypto,” Lee said. “So, there are still those ripple effects, two weeks later, that are plaguing the crypto market.” Yet despite the shock, Lee — who also co-founded research firm Fundstrat — told CNBC this weekend that both Bitcoin…

The Madras High Court has ruled that cryptocurrency qualifies as property under Indian law. Summary Madras High Court declared cryptocurrency a form of property under Indian law. The ruling came from a case tied to WazirX’s $230M Ethereum hack. Court affirmed Indian jurisdiction and urged stricter Web3 governance. Justice N Anand Venkatesh stated that crypto can be owned and held in trust. The ruling came from a case involving the WazirX exchange hack. An investor who purchased 3,532.30 XRP (XRP) coins worth Rs 1,98,516 in January 2024 sought legal protection after WazirX froze all accounts following a July cyberattack that…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Not to sound the doomsday alarm prematurely, but the so-called ‘jobpocalypse’ isn’t a distant threat; the early signs are here right now. It’s no longer just lean startups trimming headcount or ‘restructuring’. Across the industry spectrum, well-capitalized companies are downsizing, freezing hiring, and ruthlessly prioritizing AI-driven efficiency gains. Summary AI-driven layoffs are accelerating a ‘jobpocalypse.’ Over 37,000 U.S. roles have already been displaced by automation in 2025, as companies prioritize efficiency and cost-cutting over retraining and human…

Global crypto markets saw a flurry of political and corporate developments last week, underscoring how digital assets continue to intertwine with state policy, finance, and tech. Peruse this week’s edition of the weekly recap for crypto.news’ coverage of who President Trump picked to be the next Commodity Futures Trading Commission’s chair; Kyrgyzstan’s unveiling of a national stablecoin backed by its local currency; SpaceX and Strategy adding to Bitcoin exposure; and Kraken’s aggressive expansion. Lastly, WazirX and Bunni marked opposite ends of crypto’s risk spectrum — one rebounding from a historic hack, the other shuttering after an exploit. Summary Kyrgyzstan launched…

Mid-tier Bitcoin miners are closing the gap on industry leaders in realized hashrate following the 2024 halving. Summary Mid-tier miners rapidly expanded after the 2024 halving, closing in on top players. Public miners doubled their realized hashrate to 326 EH/s, a one-year record increase. Mining sector debt surged to $12.7B amid heavy investment in rigs and AI ventures. Cipher Mining, Bitdeer and HIVE Digital have quickly expanded their operations after years of infrastructure growth and narrowed the distance to top players like MARA Holdings, CleanSpark and Cango. The change is a more level playing field in the mining sector. “Their…