News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
- Gryphon shareholders approved a $1.2B merger with Trump-linked American Bitcoin, creating ABTC for Nasdaq listing. - The reverse merger combines Gryphon's 130,000+ Bitcoin miners with American Bitcoin's SPAC structure to bypass traditional IPO. - ABTC aims to leverage Gryphon's low-cost energy agreements and expand mining capacity by 50,000 machines in 18 months. - Analysts highlight institutional Bitcoin interest potential, but success depends on U.S. regulatory clarity and market conditions.
- LineKong’s $7.85M investment in BTC, ETH, and SOL marks Hong Kong’s institutional crypto adoption turning point. - Hong Kong’s Stablecoins Ordinance and LEAP Framework create regulatory clarity, bridging China and global crypto markets. - The move signals digital assets as strategic hedges against inflation and geopolitical risks in Asia’s fragmented markets. - Solana’s allocation highlights institutional diversification trends, with 59% of global firms planning crypto allocations in 2025. - Hong Kong’s
Hong Kong dollar stablecoins may have greater potential than US dollar stablecoins.
- BullZilla (BZIL) launches a presale at $0.00000575 with a 1,000x projected price increase via 24 progressive 48-hour stages. - It introduces 70% APY staking (HODL Furnace) and dynamic token burns, contrasting traditional meme coins like Dogecoin lacking structured economics. - Built on Ethereum with Solana scalability integration, it targets speculative investors seeking scarcity-driven returns over community-driven narratives. - The "mutant bull" mythic branding and $100M+ whitelist demand position it a
- Canadian firm Luxxfolio raises $73M to accumulate 1 million LTC by 2026, challenging Bitcoin's corporate reserve dominance. - Litecoin's 2.4-minute confirmations, low fees, and CFTC commodity status attract institutions like MEI Pharma, which holds $110.4M LTC. - Despite technical advantages, Bitcoin retains first-mover edge via ETFs and market cap, while Luxxfolio faces $197K Q2 losses and regulatory uncertainties. - Institutional adoption hinges on liquidity solutions and real-world use cases, testing
- Solana’s DeFi TVL surged to $11.7B in 2025, narrowing its gap with Ethereum’s $91.59B, driven by 65,000 TPS speed and $0.00025 fees. - Solana outperformed Ethereum and BSC in capital efficiency, generating $562M in Q2 2025 revenue via high APRs (14% stablecoin pools vs. Ethereum’s 3%). - Ethereum retains institutional dominance via protocols like Aave, while Solana’s growth relies on retail adoption and memecoin-driven trading volumes. - Critics warn Solana’s TVL may be inflated by speculative inflows, w
- Nigeria’s cashless economy accelerates via fintech innovation, with Paystack and FAAN’s NFC cards driving financial inclusion and infrastructure efficiency. - Paystack, acquired by Stripe in 2020, processes 50%+ of Nigeria’s online transactions and integrates real-time payments, boosting settlement speeds and merchant adoption. - FAAN’s tap-and-pay NFC cards at airports reduce cash reliance, aligning with Nigeria’s 22%+ CAGR growth in digital payments and $28B market projection by 2031. - Fintech investm
- BlackRock’s ETHA ETF recorded $262M in single-day inflows, contributing to $1.83B in 5-day net inflows (85% of daily flow). - Institutional investors purchased 4.9% of Ethereum’s supply, including $89.2M by BlackRock and $21.2M by BitMine. - Ethereum’s 4.5–5.2% staking yields, PoS upgrades, and regulatory clarity (CLARITY/GENIUS Acts) drove institutional adoption. - Dencun/Pectra hard forks reduced gas fees by 90%, while Ethereum’s deflationary model and $5B in tokenized RWAs reinforced its appeal. - ETH
- Bitcoin fell below $109,000, facing key resistance at $113,600 and support near $108,000. - Bitcoin ETFs saw $1.5B outflows, contrasting with Ethereum ETFs' $307M inflows as investors shift capital. - Fed policy uncertainty and technical indicators signal bearish pressure, though long-term bullish fundamentals remain intact.
- Pepeto (PEPETO), an Ethereum-based meme coin with $6.4M raised in presale, offers zero-fee trading and cross-chain transfers to address limitations of traditional meme coins. - Its tokenomics allocate 30% to presale liquidity, 30% to staking (237% APY), and 20% to marketing, contrasting Dogecoin's $145B supply and limited $10 price potential due to trillion-dollar market cap constraints. - Audited smart contracts, no trading taxes, and whale-driven demand position Pepeto as a high-growth alternative to B
- 10:27Prediction market Kalshi sues New York regulators over ban on sports contractsJinse Finance reported that the prediction market platform Kalshi filed a federal lawsuit against the New York State Gaming Commission on October 28, 2025, challenging the state's decision to ban its sports-related contracts. Kalshi, as a CFTC-registered Designated Contract Market (DCM), claims that under the Commodity Exchange Act, the CFTC has "exclusive jurisdiction" over derivatives on federally regulated exchanges, and that New York State's intervention violates federal law. Earlier this year, the company self-certified sports event contracts with the CFTC, allowing users to financially bet on the outcomes of matches. Kalshi is seeking emergency relief to prevent New York State from enforcing its cease and desist order, stating that failure to do so would cause irreparable harm to the platform and its users.
- 10:11A certain whale withdrew 1.29 billion PUMP worth $6.39 million from an exchange.According to ChainCatcher, monitored by Onchain Lens, a certain whale withdrew 1.29 billion PUMP, worth $6.39 million, from an exchange 20 minutes ago. This whale has accumulated a total holding of 3.3 billion PUMP, valued at $16.38 million, over the past two weeks.
- 10:11Redacted and Tenset announce strategic merger, with the first product CineFi expected to launch in NovemberChainCatcher news, Redacted Group, a multi-vertical Web3 ecosystem backed by Spartan Group, Animoca Brands, and Polygon Ventures, announced today a strategic merger with Tenset, a verified blockchain infrastructure platform that has raised over 100 millions USD through public and private ICOs, with a peak traditional token market cap exceeding 1.1 billions USD. This merger will combine Redacted's exclusive network and 10 millions USD in venture capital with Tenset's Launchpad infrastructure and larger global community, capturing niche markets and untapped growth opportunities. The first product, CineFi, is expected to launch in November. CineFi is a technology platform designed to facilitate decentralized participation in film financing.