NYC mayoral hopeful touts crypto, Japan eyes bank Bitcoin use

Today in crypto, Former New York governor Andrew Cuomo has made crypto and AI one of his headline pitches in his bid to win the NYC mayoral race. Trump confirms meeting with China’s President Xi Jinping, and Japan’s Financial Services Agency is weighing reforms that could let banks hold cryptocurrencies like Bitcoin. Andrew Cuomo pitches…

Bitcoin OGs Taking Profits Keep Price Suppressed Say Analysts

The price of Bitcoin will have a challenging road ahead as long as long-term holders continue to take profits, according to analysts. The failure of crypto markets to recover was not due to manipulation, paper Bitcoin, or suppression, “just good old-fashioned sellers,” said analyst James Check on Sunday. Check added that the sheer volume of…

Developer Warns Paradigm Poses Centralization Risk Over Ethereum

Ethereum developer Federico Carrone says the growing influence of corporations such as Paradigm on the network could be  “tail risk” for the Ethereum ecosystem. In a post on Sunday, the Ethereum core dev, who goes by “Fede’s intern” on X, argued that while Paradigm has “created valuable things for the community,” he is worried about…

Developer Warns Paradigm Poses Centralization Risk Over Ethereum

Ethereum developer Federico Carrone says the growing influence of corporations such as Paradigm on the network could be  “tail risk” for the Ethereum ecosystem. In a post on Sunday, the Ethereum core dev, who goes by “Fede’s intern” on X, argued that while Paradigm has “created valuable things for the community,” he is worried about…

China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns

Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies. The companies were instructed by the People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) to pause these initiatives, the Financial Times reported…

Zcash and Dash Break Multi-Year Slumps

Key takeaways: Zcash and Dash are leading a post-crash “privacy revival,” breaking multi-year downtrends. Monero did not join the rally due to major exchange delistings. Privacy-focused cryptocurrencies, Zcash (ZEC) and Dash (DASH), have been among the strongest gainers following the crypto market rout on Friday and Saturday that liquidated a record $20 billion or more…

Long-Time HODLer Says $3M Worth of Tokens Were Stolen From His Cold Wallet

An American retiree says more than $3 million in XRP vanished after he checked Ellipal’s mobile app on Oct. 15 and saw his balance gone, a discovery that spurred an on-chain tracing effort by pseudonymous analyst ZackXBT. CoinDesk has not independently verified the investor’s identity, balances, or the complete on-chain path. The account comes from…

Trump Confirms Xi Meeting as Japan Eases Crypto Regulations

Today in crypto, Trump confirms meeting with China’s President Xi Jinping, Japan’s Financial Services Agency is weighing reforms that could let banks hold cryptocurrencies like Bitcoin. Meanwhile, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution. Trump confirms meeting with China’s president, causing crypto to surge United States President Donald Trump confirmed on…

The US Dollar and the 1971 Global Monetary Order Are Collapsing: Analyst

The US dollar’s hegemony is over, as evidenced by China’s recent announcement of export controls on rare earth minerals, a critical component in electronics manufacturing and military defense applications, according to analyst Luke Gromen. China’s rare earth mineral export controls prohibit the sale of the critical minerals to the US military industrial complex, which backs…

How to Detect Market Manipulation in Altcoins Before They Crash

Key takeaways Unlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation. Sudden spikes in trading volume, large whale transfers to exchanges, token unlocks or social media hype often precede sharp declines. Platforms such as Nansen, DEXTools and LunarCrush help detect abnormal wallet activity, fake liquidity…