Flutterwave partners with Polygon PoS to power instant, low‑cost cross‑border payments across 30+ African countries. Polygon Labs and Flutterwave announced a multi‑year partnership making Polygon PoS the default blockchain for Flutterwave’s new cross‑border payments product, with a pilot for select Flutterwave for Business customers in 2025 and full availability to business and Send App users […]
Spot Ether ETF inflows have surpassed Bitcoin ETFs during the third quarter of 2025, signaling dormant appetite for regulated altcoin investments.
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dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration. dYdX Expands Amid Supportive Legislation In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized the importance of this move, stating that having a presence in the United States aligns with the platform’s future direction. Unlike centralized exchanges such as Coinbase (COIN) and Kraken, which act as intermediaries between buyers and sellers, dYdX aims to eliminate the middleman, allowing users to transact directly on a blockchain network that underpins cryptocurrencies. Related Reading: Bitcoin Price Path Ahead: 10 Indicators Converge For Market Surge, End-Of-2025 Projections The platform specializes in perpetual contracts, a form of derivative that enables traders to speculate on asset prices without ownership and without an expiration date, distinguishing it from traditional futures contracts. Since its inception, dYdX has surpassed $1.5 trillion in total trading volume. As part of its expansion strategy, dYdX plans to introduce spot trading for Solana (SOL) and other linked cryptocurrencies, potentially including XRP and Cardano (ADA), to US users by the end of the year. This move comes in the wake of President Donald Trump’s increased support for the cryptocurrency sector, which has led to the dismissal of numerous lawsuits against major crypto platforms and prompted financial regulators to develop specialized rules for digital assets. These new measures include Congress’s passage of the GENIUS Act earlier this year and the potential passage of the Market Structure Bill. Together, these measures address the industry’s call for a new framework that could boost adoption and growth of the broader digital asset ecosystem in the US. Trading Fees Slashed, Prospective Offerings Awaiting Guidance Upon its entry into the US market, Reuters reports that dYdX intends to reduce its trading fees significantly, with plans to cut them by as much as half, bringing them down to between 50 and 65 basis points. However, while perpetual contracts will not be available to US users immediately, Zhang expressed hope that regulators will eventually provide the necessary guidance for decentralized platforms to offer these products. Related Reading: Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? The US Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) recently issued a joint statement indicating their willingness to consider allowing crypto perpetual contracts to trade across regulated platforms in the US, which could pave the way for dYdX’s future offerings. As of this writing, the platform’s native token, DYDX, is trading at approximately $0.30. However, the token has experienced a significant decline of nearly 68% over the past year, shedding about $1.43 billion in market cap value. Featured image from DALL-E, chart from TradingView.com
There’s solid infrastructure now, but I still can’t convince friends to actually use Web3 apps. Most say it’s too confusing. Are we just early, or is UX the real blocker? submitted by /u/Dangerous_Block_2494 [link] [comments]
Bybit’s staked solana token, bbSOL, has gained institutional custody support from Anchorage Digital, expanding secure access to Solana’s liquid staking ecosystem. Anchorage Digital and Bybit Bring Institutional Access to Solana Staking Bybit has strengthened its institutional foothold in the Solana ecosystem with Anchorage Digital now offering custody support for its staked SOL token, bbSOL. The […]
Bitwise’s Matt Hougan said Solana has good odds of winning a larger share of the stablecoin and tokenization market.
Despite the Federal Reserve (Fed)’s announcement of a 25-basis-point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, losing its local range low for the first time in a week. Some analysts have warned that this week’s close is crucial for the flagship crypto’s short-term performance. Related Reading: Ethereum (ETH) Prepares For ‘Last Euphoric Run’ As Whales Go On $135M Buying Spree Bitcoin Price Eyes Crucial Weekly Close On Thursday, Bitcoin dropped below the recently reclaimed $110,000 area, hitting a one-week low of $106,700. Notably, the cryptocurrency has been trading within the $108,000-$120,000 price range since July, but has failed to reclaim the range highs after the early October correction. Amid this performance, Ted Pillows suggested that the market volatility was expected, as BTC has shown a similar price action since the start of Q3. The analyst explained that Bitcoin has dropped 6%-8% after the last three Federal Open Market Committee (FOMC) meetings, but it has also made a new all-time high (ATH) before the next one. According to the chart, BTC’s price reached its local bottom 5-9 days after the meeting, quickly recovering from the drop and rallying to new highs in the coming weeks. As price retests the $106,000 area, Ted predicted that a repeat of the same playbook could happen. However, he warned that Bitcoin must reclaim the $113,500 in the coming days to prevent a larger pullback. “A weekly close below that level will increase the likelihood of a bigger correction,” the analyst explained. Similarly, Rekt Capital pointed out that Bitcoin must close the week above the $114,500 to turn this level back into support. He noted that after the recent performance, a volatile retest of this level would be “perfectly fine” as long price closes above this crucial level at the end of the week. Confirming the Range Low of ~$114k as support would confirm re-entry into the Range, kickstart consolidation within the Range again, and enable a move across it towards the Range High of ~$119000 (red) in an effort to breakout from it and challenge $120k+ once again. Is BTC’s End-Of-Year Rally Still On? Michaël van de Poppe affirmed that $112,000 is the next key area to break before a new ATH, as it has been a crucial resistance level in the daily timeframe for the past few weeks. Per the post, a breakout from this area could set the base for a retest of the $119,000-$120,000 zone. On the contrary, a rejection from this level could send the price toward the $103,000 mark or lower, he warned. “I do think we’ll see a new ATH in November,” the market watcher added.” Meanwhile, Daan Crypto Trades highlighted that BTC is “just playing ping pong” between its key levels and will continue to move within its range until one of the boundaries is successfully broken. Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M The trader added that November is one of Bitcoin’s best months based on historical performance, which could suggest that a price rally could be near. Notably, 8 out of 12 Novembers have closed in green, with a median return of 10.82%, according to CoinGlass data. Moreover, he noted that the last two months of the year are when the three previous bull runs topped and the past two bear markets bottomed. “Whether it’s on the bullish or bearish side, volatility and big market pivots have been the theme into the end of the year,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com
A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services.
