A Decentralized Privacy-Focused AI Network

Pavel Durov, co-founder of the messaging application Telegram, has disclosed a new decentralized AI network to be built atop The Open Network (TON), an independent layer-1 blockchain associated with Telegram. Durov took the stage at the Blockchain Life 2025 forum in Abu Dhabi, United Arab Emirates, to announce the Confidential Compute Open Network, or Cocoon,…

Bitcoin, Altcoins Sell-off Ahead Of Fed FOMC Presser on Interest Rates

Key points: Bitcoin’s failure to rise above $118,000 may have attracted profit-booking by short-term traders, resulting in a drop toward $107,000. Several major altcoins turned down from their overhead resistance levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) bulls are attempting to sustain the price above $111,000, but the bears have continued…

CZ Latest in Trump Crypto Pardons

US President Donald Trump pardoned Changpeng Zhao, also known as CZ, on Oct. 21. The former Binance executive is just the latest on a growing list of convicted crypto executives to receive clemency from the White House. Even on the campaign trail, Trump promised to make an about-face on crypto policy and grant clemency to…

Bitcoin Loses $113,000 as S&P 500 Hits New Highs on FOMC Day

Key points: Bitcoin struggles to return to its range highs after its latest sell-off. BTC price targets for the new “volatile retest” focus on $111,000 and a $114,500 weekly close. Fed rate-cut anticipation sees new record highs for the S&P 500. Bitcoin (BTC) stayed under pressure at Wednesday’s Wall Street open as US stocks hit…

Zhao Warns Against New Memecoin, After Golden Statue Emerges

Binance founder Changpeng “CZ” Zhao warned crypto investors not to buy a new memecoin launched to capitalize on his popularity, cautioning against the financial risks of trading celebrity-linked tokens with no real blockchain utility. The memecoin emerged shortly after a fan page built a golden statue of Zhao, sharing pictures and offering to send it…

Can Bitcoin Hit $116,000 To Rescue Its Uptober ‘Golden Week?’

Key points: Bitcoin is running out of time to seal “golden week” gains that have been standard since 2015. BTC price action needs to reclaim $116,000 by the Wednesday daily close, research shows. Crypto markets may enjoy a last-minute lift from US interest-rate cuts. Bitcoin (BTC) has hours to save its standard October “golden week”…

South Korea’s BDACS to Launch KRW1 Stablecoin on Circle’s Arc Blockchain

South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc. The Busan-based company signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it called an “organic cooperative framework,” according to a Wednesday report by the Yonhap News Agency. “This…

Stablecoin Inflows Rise Before Fed Rate Decision: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$113,220.86 is hovering around $113,000 after dropping 1.4% in 24 hours, while the broader crypto market, measured via the CoinDesk 20 (CD20) index, fell 2%. The declines come amid a rotation into stablecoins ahead of the Federal Reserve’s policy decision later today. A 25 basis…

‘No BlackRock, No Party’ For Bitcoin, Altcoin ETF Investments

The long-awaited approval of altcoin exchange-traded funds (ETFs) may not bring the massive inflows investors expect without participation from asset management giant BlackRock, according to market data. BlackRock’s iShares Bitcoin Trust ETF received $28.1 billion in investments in 2025, as the only fund with positive year-to-date (YTD) inflows, pushing total spot Bitcoin ETF inflows to…

Senate Democrats Probe Trump’s Pardon of Binance Co-Founder CZ

Democratic Party senators have requested that US Attorney General Pam Bondi and the US Department of Justice provide additional information regarding the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump. In an open letter on Tuesday, seven Democratic senators wrote that the pardon “signals to cryptocurrency executives and other white-collar criminals that…