Author: dfmines

Cryptocurrency News and Public Mining Pools

Forgex.hk

Has anyone heard of this crypto platform based in Hong Kong? I had money transferred to it from an employer and I done most of the verification steps but now they are needing a 300 crypto purchase for verification of the account etc just for me to withdraw my funds which totals 2356. I’ve never…
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Trump Isn’t “Pro Crypto”… He’s Pro Trump…and his gang

i know u people have probably heard it before but it is way clearer now than it was a year ago. A lot of what looks like “Trump loves crypto” lines up almost perfectly with stuff that benefits him… his family… or people close to him… not the average person holding BTC on a phone.…
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New Hampshire Senate stalls crypto mining deregulation bill after split vote

Lawmakers opted to study the proposal further following a wave of public concern over plans to loosen local controls on crypto mining in the state.

Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red

The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges.  Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month in its history. However, October 2025 appears to be challenging that reputation. As the month draws to an end, Bitcoin is roughly 4% below its monthly open, and October might finally end in red territory for the first time since 2018. Bitcoin Might Close October In Red Bitcoin’s price opened October at $114,079, and its sentiment was overwhelmingly bullish at the beginning of the month, carrying over a positive 5% monthly close in September. This bullish sentiment saw the leading cryptocurrency break above $126,000 for the first time before finally setting a new all-time high of $126,080 on October 6. The move strengthened hopes that Uptober would live up to its name once again.  Related Reading: Analyst Reveals What Traders Are Missing After The Bitcoin Price Spike To $116,000 However, the bullish momentum cooled off rapidly, with Bitcoin slipping below $120,000 very quickly. By the middle of the month, Bitcoin witnessed a flash crash that caused its price to fall as low as $101,000 in a quick move. As it stands, Bitcoin is now consolidating near $110,000 by late October, and it can only register a monthly close above this level. The last time Bitcoin closed October in the red was in 2018, when it closed at $6,303, which is about 4% below its October open of $6,958. That year was during the height of a prolonged bear cycle, when the crypto market was struggling to recover from the massive 2017 rally. Bitcoin’s price had already suffered consecutive down months, and October’s decline was followed by an even more brutal 36.4% crash in November, the steepest monthly loss in the cryptocurrency’s history. Could November Be Different This Time? The question now is whether Bitcoin might repeat this downtrend in November 2025. If history were to repeat itself, like it always does in the crypto market, a negative October close could precede another correction in November. However, the answer might not be as straightforward.  Related Reading: 100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run? Unlike in 2018, Bitcoin’s current market structure is supported by several bullish fundamentals. Institutional interest through Spot Bitcoin ETFs, exchange outflows, and on-chain data shows that long-term holders are not selling aggressively. Even as the price is consolidating around $110,000, volatility is lower than during previous market tops, and this indicates a phase of cooling before another breakout.  Even if the month closes in red, the overall bullish trajectory of Bitcoin is intact. Bitcoin continues to hold its dominance and attract capital inflows. The only sure way Bitcoin might end November 2025 in red is if Spot Bitcoin ETFs perform very poorly throughout the month. At the time of writing, Bitcoin is trading at $109,700. Featured image from Pixabay, chart from Tradingview.com

Bitcoin's 4-year cycle isn't dead, expect a 70% drop next downturn: VC

The lack of understanding about Bitcoin’s economic properties will result in a market dump at the first sign of trouble, Vineet Budki said.

MEXC apologizes to ‘White Whale’ trader over $3M freeze

Many crypto users online praised the decision but continued to criticize the exchange for freezing the funds in the first place.

Zcash Surges to $388, Hits 7-Year High and Tops Monero in Privacy Coin Rankings

The price of Zcash soared on Oct. 31, reaching $388—its highest level in over seven years. October Gains Fueled by Hype and Fundamentals On Oct. 31, the price of privacy-focused cryptocurrency Zcash (ZEC) surged over 10% to reach $388—its highest level in more than seven years. The rally pushed its seven-day gains to over 50% […]

Countries where it’s easiest to turn cash into crypto?

In my experience: 1.Turkey 2.Montenegro In what other countries have you found it easiest to just show up and sell your cash for crypto? Turkey, with it's inflation issues is probably the easiest. There are crypto exchange shops on every corner in tourist towns. In Montenegro there are a lot of Russians who are using…
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Bitcoin Begins Recovery as Bessent Confirms US-China Trade Deal Will Be Signed Next Week

The cryptocurrency posted modest gains after slipping below $107K yesterday, triggering roughly $400 million in liquidations. Bitcoin Rises as Treasury Secretary Confirms Timing of US-China Trade Pact Reporting by the Financial Times on Friday revealed that U.S. Treasury Secretary Scott Bessent expects the recently negotiated U.S.-China trade deal to be officially signed “over the coming […]