Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

AUSTRAC Targets Crypto ATM Operator for Money Laundering Risks

The Australian financial crime regulator has taken action against crypto ATM operator Cryptolink for its failure to report large cash transactions on time. Crypto ATMs Labeled ‘Highest-Risk’ Channel for Money Laundering The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued an infringement notice of $56,340 to crypto ATM operator Cryptolink. The regulator also accepted […]

Nordic bank that once shunned crypto to soon offer a Bitcoin ETP

Nordea announced in 2018 that it would ban employees from buying and holding Bitcoin due to concerns that the crypto market was unregulated.

Daily General Discussion October 31, 2025

Welcome to the Daily General Discussion on r/ethereum https://imgur.com/3y7vezP Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2 Please use this thread to discuss Ethereum topics, news, events, and even price! Price discussion posted elsewhere in the subreddit will continue to be removed. As always, be constructive. – Subreddit Rules Want to…
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Dogecoin Down 20% – But Some Think This Is When The Real Gains Start

According to market figures, Dogecoin remains one of the largest cryptocurrencies by market value, carrying a market cap near $28 billion. Related Reading: Dogecoin Ignites — 60% Volume Boom Teases Potential Rally The token’s price has fallen sharply lately — about 20% in the last month and roughly 30% so far in 2025 — moves that have put traders and casual holders on edge. Meme Coin Origins Dogecoin started as a joke. Based on reports, its creators never set out to build a major payments system or a technical breakthrough. That origin still matters. On-chain activity and payment volume for DOGE are lower than for many rivals, and that makes the token prone to sudden, often large swings. Quick rallies happen. Sudden drops do too. Market Mood & Risk A wider shift in the crypto market is also at work. Reports show meme tokens have lost favor this year. That pullback has pushed coins with weaker fundamentals into deeper declines. When markets turn cautious, speculative coins are usually hit hard. Price Forecast & Sentiment Despite the memecoin’s dismal performance of late, Dogecoin price prediction points to an increase of 13% and reach $ 0.21 by November 29, 2025. Based on technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 34 (Fear). Still, some traders believe this downturn may be the point where the real gains begin, arguing that DOGE’s strongest rallies often follow periods of fear and steep declines. Those numbers show mixed signals: the model expects gains over the coming month, while short-term indicators point to weak momentum and fear among traders. That split can lead to choppy trading, where prices move up for a few days and then fall again. Community interest and media attention still move DOGE. Big social moments can lift prices quickly. They can also reverse direction just as fast. That dynamic separates Dogecoin from projects that trade mainly on protocol upgrades or corporate deals. For many investors, headlines matter more than slow technical progress. Foundational Moves Based on reports, the Dogecoin Foundation has been pushing to build a more formal ecosystem. Plans and partnerships have been discussed. Whether those efforts will change how the market values DOGE is uncertain. Some proposals take months to show results. Others remain only ideas until wider adoption appears. Related Reading: Avalanche Expands In Asia — Japan’s Biggest Card Processor Joins The Network DOGE Optimism Still High Dogecoin’s sharp slide this year reflects both its meme-coin roots and a market-wide move away from risky crypto assets. The key figures are plain: nearly $28 billion in market cap, a 20% drop in the past month, and 30% down for the year. Reports and models show a possible bounce to $ 0.2146 by November 29, but technical signals still read Bearish. Even so, some market watchers think this could be the setup for the next big DOGE rally, arguing that major recoveries often begin when sentiment is at its weakest. Featured image from Unsplash, chart from TradingView

Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers

In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results.  Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a transaction revenue of $1.05 billion for the quarter, a substantial rise from $572.5 million during the same period last year.  Additionally, the cryptocurrency exchange recorded a net income of $432.6 million, translating to $1.50 per share, compared to just $75.5 million, or $0.28 per share, a year prior. Analysts had projected a profit of $1.06 per share, according to Reuters. Related Reading: Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto? Coinbase also completed its acquisition of Deribit in the third quarter. Alesia Haas, the company’s finance chief, noted during a conference call that Deribit commands over 75% of the market share for options, primarily outside the US.  This acquisition opens pathways for Coinbase to expand its options market within the US. As part of its broader strategy, Coinbase also highlighted its commitment to accelerating payments through stablecoin adoption, citing favorable policy trends and growing interest from financial institutions and corporations.  David Bartosiak, a stock strategist at Zacks Investment Research, remarked, “Coinbase is cash-rich and growth-ready,” emphasizing that the company is evolving beyond merely trading cryptocurrencies to establishing the infrastructure for a new financial internet. Largest Corporate Bitcoin Holder Posts $2.78 Billion Net Profit  Meanwhile, Strategy, previously MicroStrategy, reported profits in the third quarter after experiencing a loss the previous year. This positive sentiment surrounding the cryptocurrency sector has benefited the company, which is the largest corporate Bitcoin (BTC) holder.  Related Reading: Bitcoin Price Path Ahead: 10 Indicators Converge For Market Surge, End-Of-2025 Projections As of October 26, the company held 640,808 Bitcoin, with a total acquisition cost of $47.44 billion, averaging $74,032 per BTC. With the market’s leading crypto currently trading around $107,400 when writing, the company’s holdings are positioned for significant appreciation.  Strategy’s net profit for the three months ended September 30 was reported at $2.78 billion, or $8.42 per share, contrasting sharply with a loss of $340.2 million, or $1.72 per share, a year earlier. However, it’s worth noting that Strategy’s shares have declined 12% so far in 2025, even as Bitcoin prices have risen by 14.5%. COIN stocks closed Thursday’s trading session with a 3% surge toward $328 on the wake of the financial disclosure. Similarly, Strategy’s shares climbed nearly 4% following its earnings report toward the $254 mark.  Featured image from DALL-E, chart from TradingView.com 

Revolut rolls out 1:1 USD-to-stablecoin swaps as fintechs warm to crypto

Revolut has made on and off-ramping to crypto easier by removing fees, spreads and other costs, allowing users to convert USD and stablecoins at a 1:1 ratio.

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance is supercharging crypto’s real-world momentum with a groundbreaking push into Argentina’s digital payments scene, launching instant, fee-free QR crypto payments that turn everyday spending into a seamless Web3 experience for millions of users. Binance Expands Crypto Payments Across Argentina Binance is accelerating real-world crypto adoption in Latin America with a bold expansion into Argentina’s […]

Saylor says Strategy unlikely to buy up rivals, as there’s too much uncertainty

Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky.

Zcash Rally Gains Steam, Can ZEC’s 4.5M Shielded Supply Push It Back Into the Top 20?

Zcash (ZEC) is stealing the spotlight once again. The privacy-focused asset has surged more than 50% in the past week, climbing above $350 and fueling talk of a potential return to the top 20 digital assets by market capitalization. Related Reading: Bitcoin Technical Setup Shows Short-Term Pullback May Fuel Long-Term Upside Behind this rally lies a mix of technical strength, institutional catalysts, and renewed global demand for digital privacy. ZEC’s price trends to the upside with recent small losses on the daily chart. Source: ZECUSD on Tradingview Zcash’s Shielded Supply Hits 4.5 Million Supporting Zcash’s resurgence is a major milestone. 4.5 million ZEC are now stored in shielded addresses, representing roughly 28% of total supply. These shielded pools leverage Zcash’s zero-knowledge proof technology (zk-SNARKs), allowing users to transact privately without revealing sender, receiver, or transaction amounts. This rise in shielded coins signals growing trust in ZEC’s privacy infrastructure, especially as wallets and exchanges improve support for shielded transactions. The move also expands Zcash’s overall anonymity set, strengthening privacy for all participants while tightening on-chain liquidity. As one of the oldest and most advanced privacy blockchains, ZEC’s growth in shielded adoption reinforces its core mission of financial confidentiality in an increasingly monitored digital world. Technical Indicators Point to More Upside Zcash’s market momentum remains robust. Daily trading volume soared above $730 million, while the RSI at 71.8 and a bullish MACD crossover suggest strong buying pressure. The token’s structure continues to make higher highs and higher lows, indicating a healthy uptrend. Analysts see resistance near $370–$400, with a potential breakout opening the path toward $450–$500 in the coming weeks. ZEC’s recent surge also coincides with Arthur Hayes’ bold prediction that the coin could reach $1,000, as the market rotates into privacy-focused assets. With Grayscale’s Zcash Trust surpassing $137 million in assets under management, and whispers of a possible ETF conversion, institutional exposure could further amplify this rally. Privacy Tokens Regain Spotlight Amid Regulatory Uncertainty Zcash’s resurgence reflects a broader renewal of interest in privacy tokens like Monero (XMR) amid heightened surveillance and KYC mandates in global markets. As governments tighten oversight, traders and institutions are rediscovering ZEC’s unique role as a bridge between compliant infrastructure and privacy rights. Related Reading: Bitcoin Crash To $87,600 Looms If This Support Snaps, Warns Veteran Analyst If Zcash sustains its current momentum, maintains its 4.5M shielded supply growth, and breaks the $400 ceiling, a return to the top 20 cryptos by market cap could soon become reality, supporting ZEC’s comeback as the flagship privacy asset of this cycle. Cover image from ChatGPT, ZECUSD chart from Tradingview

Bybit Pauses Japan Signups to Strengthen Regulatory Compliance

Bybit’s temporary halt of new Japanese user registrations indicates that top crypto exchanges are prioritizing regulatory alignment, setting the stage for greater institutional confidence and long-term legitimacy in the digital asset space. Bybit Pauses Japan Signups to Align With Regulatory Standards Global cryptocurrency exchanges are continuing to adjust their operations to comply with evolving regulatory […]