Is Mt. Gox Repayment Delay Bullish or Bearish Long-Term?

Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Mt. Gox, a defunct crypto exchange, has postponed repayments to its creditors by a year and remains in control of around $4 billion in Bitcoin…

Trump-linked World Liberty To Airdrop $1.2M In WLFI Tokens

World Liberty Financial (WLFI), a crypto venture affiliated with US President Donald Trump, plans to distribute 8.4 million WLFI tokens worth about $1.2 million to early participants in its USD1 stablecoin loyalty program. The airdrop will reward users who joined the USD1 Points Program, launched two months ago to promote adoption of World Liberty’s US…

French Gov’t Set to Review Motion to ‘Embrace Bitcoin and Cryptocurrencies’

Lawmakers in France will review a proposal that may have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In a motion for a resolution introduced on Wednesday, Éric Ciotti of the Union of the Right for the Republic led a proposal for France’s national assembly to ban the digital…

Korea’s Bank-Led Stablecoin Rollout Lacks Logic: Kaia Exec

The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation. In a report released on Monday, the central bank argued that banks are already subject to strict regulations, including capital, foreign exchange, and Anti-Money Laundering requirements,…

Ethereum’s Fusaka Fork Set for Mainnet After Hoodi Debut

Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the network. “Another smooth upgrade, another key milestone on the road to Fusaka,” Nethermind said in a post to X on…

Polymarket Eyes November for US Relaunch

Today in crypto, Polymarket is preparing to relaunch trading services in the United States within weeks. Circle has debuted the Arc blockchain testnet with support from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard, and a US lawmaker wants to bar Trump, his family and elected officials from trading crypto and stocks….

Bitcoin Capped At $116K As Traders Cut Risk Ahead of FOMC, China Deal

Key points:  Bitcoin traders’ ability to overcome price resistance at $116,000 could hinge on Wednesday’s Fed decision on interest rates and this week’s US-China trade summit.  Pro traders are distributing into BTC price rallies while retail-sized investors are buying the dips in spot, and also being liquidated in futures.  Bitcoin (BTC) price continues to show…

Western Union Chooses Solana Blockchain for Stablecoin

Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain. Announced during the company’s third-quarter earnings call last week, the stablecoin system will consist of the US Dollar Payment Token (USDPT) and the Digital Asset Network, which will be built in partnership with Anchorage Digital Bank, Western Union…

SUI Slides 3.4% as $2.60 Support Snaps on 180% Volume Surge

SUI slipped 3.4% over the past 24 hours, dropping from $2.62 to $2.53 after a late-day breakdown accelerated on sharp volume spikes, signaling likely institutional selling. The drop shattered the $2.60 support level, a key threshold traders had been watching throughout the session, CoinDesk Analytics found. The breakdown kicked off when volume surged past 25.4…

Bitcoin Capped At $116K As Traders Cut Risk Ahead of FOMC, China Deal

Key points:  Bitcoin traders’ ability to overcome price resistance at $116,000 could hinge on Wednesday’s Fed decision on interest rates and this week’s US-China trade summit.  Pro traders are distributing into BTC price rallies while retail-sized investors are buying the dips in spot, and also being liquidated in futures.  Bitcoin (BTC) price continues to show…