Finance

Chainlink and Apex Group said they completed a pilot project with Bermuda’s financial regulator, the Bermuda Monetary Authority, to test how blockchain infrastructure can help enforce stablecoin rules directly on chain. Unveiled during Chainlink’s SmartCon, the testnet pilot, conducted through the authority’s Innovation Hub, brings together a group of blockchain tools designed to give regulators continuous … Read more

Ripple is teaming up with Mastercard (MA), WebBank and crypto exchange Gemini (GEMI) to test using its RLUSD stablecoin to settle fiat credit card transactions over a public blockchain. The initiative, announced at Ripple’s Swell 2025 event on Wednesday, aims to show how regulated stablecoins can streamline traditional financial infrastructure without sacrificing compliance or safety. … Read more

Tokyo-listed Bitcoin treasury firm Metaplanet has tapped a $100 million Bitcoin-backed loan to fuel further bitcoin accumulation, expand its income business, and potentially repurchase shares amid mounting market volatility. The borrowing, executed on October 31 and disclosed today, November 4, marks the first drawdown from Metaplanet’s $500 million credit facility announced in late October.  The … Read more

Bitcoin price has bounced back to over $103,000 today after plunging below $100,000 on Tuesday — its lowest level since June — as extreme fear gripped the market.  The drop came amid heavy selling pressure, ETF outflows, and renewed macro uncertainty. Earlier this week, investors pulled nearly $1.8 billion from Bitcoin and other crypto ETFs, … Read more

Bitwise CIO Matt Hougan says the crypto market may be nearing a turning point as retail exhaustion deepens and institutional demand quietly builds. Appearing on CNBC, Hougan — who oversees $12 billion in assets at Bitwise — said retail sentiment is at “maximum desperation” following months of liquidations, leverage blowouts, and yield protocol failures. “It’s … Read more

Miami Mayor Francis Suarez says he’s sitting on major gains from his Bitcoin paychecks, telling Fox Business he’s “up 300%” since taking his salary in bitcoin. “I got paid at $30,000,” Suarez said, noting that Bitcoin had even been up 400% when it hit $120,000 earlier this year. Despite recent market volatility — with Bitcoin … Read more

Stellar (XLM) posted modest gains in Tuesday’s session, climbing 0.97% to $0.279 and outperforming the broader crypto market by 1.84%. The move came despite overall market caution, signaling selective buying interest and relative strength for the token. Trading volume surged 59.61% above its seven-day average, marking a notable uptick in participation that often precedes larger … Read more

According to CoinDesk Research’s technical analysis data model, BCH rose 3.3% to $491.80 after clearing $487 on above-average European session volume, posting a $33.36 range and a brief pullback from a $495.30 high that buyers quickly faded. (Please note all timestamps are in UTC.) Technical analysis highlights Price moved from $476.10 to $491.80, up 3.3% … Read more

NEW YORK — The U.S. government shutdown is now the longest on record, breaking the previous 35-day record on Wednesday as lawmakers continue to be at an impasse over funding the federal budget — an impasse that may be strengthened by Tuesday night’s sweeping win for Democrats in an off-year election. Expectations had been growing … Read more

Robinhood (HOOD) on Wednesday reported a 339% year-over-year increase in third-quarter crypto trading revenue, extending momentum from earlier this year as the trading app leans deeper into digital assets and global markets. The company handled $80 billion in crypto trading volume during the quarter, posting $268 million in crypto-related revenue, up from $61 million in … Read more