Australia Considers Crackdown on Crypto ATMs With New Powers

Australia’s national financial intelligence agency would receive powers to restrict or ban crypto ATMs under new draft legislation in the works from the country’s minister for cybersecurity and home affairs, Tony Burke. Burke said during a speech at the National Press Club on Thursday that the draft legislation will give the Australian Transaction Reports and…

BTC Steadies at $110K Amid Strong US Demand

Key takeaways: US spot demand on Coinbase keeps Bitcoin anchored above $110,000. 7,300 dormant BTC moved, hinting at profit-taking. Derivatives wallets mobilized 364,000 BTC, signaling looming volatility. Bitcoin (BTC) continued to solidify its footing above $110,000, bolstered by strong spot demand from US-based investors. The Coinbase Premium Index, which tracks the price differences between BTC…

There is a $200K Bug Hunt for XRPL’s New Institutional Lending Protocol

Fintech company Ripple is partnering with security platform Immunefi for an upcoming “Attackathon” event, designed to put a new decentralized finance protocol on the XRPL through rigorous testing. The event will offer $200,000 in rewards to participants who help identify vulnerabilities in the proposed XRPL Lending Protocol, a new system designed to bring fixed-term, uncollateralized…

Stablecoin Limits in UK Set to Be Temporary Says BoE Deputy

Bank of England Deputy Governor Sarah Breeden has clarified that the central bank’s plan to restrict stablecoin holdings and transaction size will only be a temporary measure to ensure stability in the financial system. The proposed limits on stablecoins were first floated in a November 2023 discussion paper as a means to ensure financial stability….

Paxos “mistakenly” minted 300 trillion PYUSD

Today in crypto, Paxos says it “mistakenly” minted 300 trillion PayPal stablecoins; Coinbase Ventures backs Indian exchange CoinDCX at a $2.45 billion valuation amid its expansion into India and the Middle East, and analysts Tom Lee and Arthur Hayes double down on their $10,000 Ether price target for year-end. A $300 trillion fat-finger, as Paxos…

How to Read Crypto Charts in 2025 Like a Pro

Key takeaways Crypto charts display open-high-low-close (OHLC) data. OHLC data helps traders track price movements, analyze volatility and identify trading opportunities. The X-axis represents timeframes, while the Y-axis shows price levels, either on a linear or logarithmic scale. Volume bars below the chart help confirm market participation. Candlestick charts remain the most popular for their…

95% ETH Corporate Buys Happened In Q3: Bitwise

Nearly all of the Ethereum accumulated by public companies to date occurred within a three-month window between July and September, according to recent data. This comes as several crypto executives predict that Ether’s (ETH) price will rise by as much as 200% before the end of the year. “95% of all ETH held by public…

US President Trump Confirms Trade War With China

Update Oct 15, 10:55pm: This article has been updated to include comments from US Treasury Secretary Scott Bessent and the impact of tariffs on the Bitcoin mining industry. US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week….

CME Futures Open Interest Tops Binance After Flash Crash

Key takeaways: CME’s futures open interest in the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. Despite CME’s lead in open interest, unregulated exchanges still dominate trading volumes, especially in altcoin and perpetual futures. Friday’s cryptocurrency market crash wiped out a record $74 billion in leveraged positions across the…

Paxos “mistakenly” minted 300 trillion PYUSD

Today in crypto, Paxos says it “mistakenly” minted 300 trillion PayPal stablecoins; Coinbase Ventures backs Indian exchange CoinDCX at a $2.45 billion valuation amid its expansion into India and the Middle East, and analysts Tom Lee and Arthur Hayes double down on their $10,000 Ether price target for year-end. A $300 trillion fat-finger, as Paxos…