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Bitcoin Bears Press On — Is $102,000 Flush The Final Washout Before A Rally?
NewsBTCNov 05, 2025, 12:00 AM
Bitcoin’s price continues to face mounting pressure as it hovers near key support levels. With sellers pushing toward the $102,000 zone, BTC is now at a moment that may mark the final washout before a major rebound. The coming days could be decisive in determining whether Bitcoin finds its footing or continues its decline. Bitcoin Faces Pressure Below $108,000 As Bears Regain Control Crypto analyst Crypto Candy shared insights into Bitcoin’s latest price action, noting that the flagship cryptocurrency tried to hold the $107,000–$108,000 support zone but ultimately failed to do so, closing below that level. This development signals a potential shift in market dynamics, as the $107,000–$108,000 zone may now act as a strong resistance area. Crypto Candy further explained that if the downward momentum continues, Bitcoin could retrace deeper toward the $99,000–$101,000 range, an area viewed as a critical support zone where fresh buying interest might emerge. A dip into this range could also help clear out weak positions and create healthier conditions for a long-term rebound. However, the analyst added that if Bitcoin manages to reclaim and hold above the $107,000–$108,000 zone, it would signal that bullish strength is returning to the market. Such a breakout could restore confidence among investors, paving the way for renewed upward momentum and possibly another push toward higher targets. $102,000: The Ideal Flush Zone Before The Next Big Move In his latest BTC daily update, Super฿ro emphasized the critical role of the $102,000 support zone, describing it as an ideal area for the market to flush out remaining leveraged long positions. This kind of shakeout is often necessary to clear weak hands and set the stage for a more sustainable bullish continuation. Super฿ro further noted that once this cleanup phase concludes, Bitcoin could see a sharp rebound, primarily fueled by a short squeeze from traders caught on the wrong side of the market. As shorts begin to close their positions, buying pressure could intensify, creating a rapid upward move that reclaims lost levels. That said, the crypto analyst has warned that a break below the $101,000 level would not be ideal, as it might signal that market weakness is deeper than anticipated. Still, he maintains confidence in the broader picture, highlighting that high-timeframe (HTF) indicators remain supportive of a potential rebound. Presently, the price of BTC is hovering around $104,000, indicating a more than 3% decline over the last 24 hours. Meanwhile, its trading volume has picked up pace, rising by over 79% in the same time frame.
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Bitcoin’s price continues to face mounting pressure as it hovers near key support levels. With sellers pushing toward the $102,000 zone, BTC is now at a moment that may mark the final washout before a major rebound. The coming days could be decisive in determining whether Bitcoin finds its footing or continues its decline. Bitcoin Faces Pressure Below $108,000 As Bears Regain Control Crypto analyst Crypto Candy shared insights into Bitcoin’s latest price action, noting that the flagship cryptocurrency tried to hold the $107,000–$108,000 support zone but ultimately failed to do so, closing below that level. This development signals a potential shift in market dynamics, as the $107,000–$108,000 zone may now act as a strong resistance area. Crypto Candy further explained that if the downward momentum continues, Bitcoin could retrace deeper toward the $99,000–$101,000 range, an area viewed as a critical support zone where fresh buying interest might emerge. A dip into this range could also help clear out weak positions and create healthier conditions for a long-term rebound. However, the analyst added that if Bitcoin manages to reclaim and hold above the $107,000–$108,000 zone, it would signal that bullish strength is returning to the market. Such a breakout could restore confidence among investors, paving the way for renewed upward momentum and possibly another push toward higher targets. $102,000: The Ideal Flush Zone Before The Next Big Move In his latest BTC daily update, Super฿ro emphasized the critical role of the $102,000 support zone, describing it as an ideal area for the market to flush out remaining leveraged long positions. This kind of shakeout is often necessary to clear weak hands and set the stage for a more sustainable bullish continuation. Super฿ro further noted that once this cleanup phase concludes, Bitcoin could see a sharp rebound, primarily fueled by a short squeeze from traders caught on the wrong side of the market. As shorts begin to close their positions, buying pressure could intensify, creating a rapid upward move that reclaims lost levels. That said, the crypto analyst has warned that a break below the $101,000 level would not be ideal, as it might signal that market weakness is deeper than anticipated. Still, he maintains confidence in the broader picture, highlighting that high-timeframe (HTF) indicators remain supportive of a potential rebound. Presently, the price of BTC is hovering around $104,000, indicating a more than 3% decline over the last 24 hours. Meanwhile, its trading volume has picked up pace, rising by over 79% in the same time frame.
China’s DeepSeek AI Predicts the Price of XRP, Solana, Pi Coin by the End of 2025
CryptoNews.comNov 04, 2025, 10:30 PM
China’s DeepSeek AI predicts that Bitcoin will continue losing its dominance to high-utility altcoins as crypto matures. Historically, catalytic events, like “Uptober” and the Fed’s interest rate cuts, have not yielded the bull markets people expected. While some of it is down to controversial tariffs by Washington, the downturn has dragged on for a month, which suggests the industry is undergoing a major change.See, beyond Bitcoin’s narrative of being a store of value, crypto is designed to have everyday use that makes our lives easier. That’s why DeepSeek names XRP, Solana, and Pi Network as likely frontrunners when the candles turn green again.XRP ($XRP): DeepSeek Sees 400% Upside by Year-EndAccording to DeepSeek’s modeling, Ripple’s XRP ($XRP) could emerge as one of the biggest gainers of 2025’s closing months, with forecasts showing a potential rise to between $5 and $10, roughly a 339% surge from its current level of $2.28.Source: DeepSeek AIFollowing Ripple’s courtroom victory over the SEC earlier this year, investor sentiment turned sharply positive, propelling XRP to a seven-year peak of $3.65 in July. Over the past twelve months, XRP has risen 350%, outperforming major assets like Bitcoin and Ethereum.Ripple’s introduction of the RLUSD stablecoin, combined with CEO Brad Garlinghouse’s outreach to U.S. political leaders, has positioned the firm as a compliant and forward-thinking player in the evolving regulatory landscape. This perception continues to draw institutional and retail interest alike.XRP’s chart patterns remain encouraging, with multiple bullish flag formations extending into early 2025, a sign of potential continuation.If new catalysts emerge, such as ETF approvals, expanded global partnerships, or clearer U.S. crypto legislation, XRP could realize DeepSeek’s upper price target of $10 before Christmas.Solana (SOL): DeepSeek Predicts Post-ETF Surge to Four DigitsSolana ($SOL) continues to solidify its reputation as one of the fastest-growing smart contract platforms, boasting a market cap above $89 billion and over $10 billion in total value locked (TVL) across its DeFi ecosystem.The recent approval of Bitwise and Grayscale’s Solana ETFs in the U.S. has reignited excitement among institutional investors. Capital inflows could mirror those seen when Bitcoin and Ethereum ETFs launched, potentially fueling another leg upward.Known for its lightning-fast transaction speeds, nearly zero fees, and widespread adoption in tokenization and stablecoin solutions, Solana is an enterprise-grade blockchain.After reaching $250 in January and dipping to around $100 in April, SOL now trades near $162, about 45% below its all-time high of $293 recorded earlier this year.Having broken out of a bullish flag pattern, DeepSeek anticipates that Solana could soar between $500 and $1,000 by the end of the year, an ambitious yet realistic target given the next bull cycle is likely to be dominated by high-utility altcoins.Pi Network ($PI): DeepSeek AI Foresees MoonshotPi Network ($PI) pioneered the mobile “tap-to-mine” approach, allowing users to earn tokens from their smartphones by logging in and tapping the app daily.Currently trading near $0.22, DeepSeek predicts a moonshot to $10, a 45x return from current levels. This is already a hyper-bullish scenario, but DeepSeek goes so far as to give $50 as an upper target, though such an extreme gain is highly improbable given current market conditions.Nevertheless, ongoing developer updates and recent announcements lend credibility to the idea that Pi’s fortune will change.Since its February 2025 debut, Pi has experienced volatile price action, including a 171% surge in May. Its present RSI of around 35 points to near oversold conditions and potential undervaluation, also hint that a rebound could be near.Since its February 2025 debut, Pi has experienced volatile price action, including a 171% surge in May. Its present RSI of around 35 points indicates near oversold conditions and potential undervaluation, which sets the stage for a potential rebound.Pi recently invested in AI startup OpenMind and together worked on a successful proof-of-concept showing that node operators can run computations for third-party companies. The team has also launched a testnet for decentralized exchanges, automated market makers, and liquidity providers, while rolling out an upgraded KYC verification system that has already enabled millions of users to move their mined Pi tokens to the mainnet. Pi Network and OpenMind’s proof-of-concept project, where OpenMind’s AI models can run on Pi Node infrastructure, explores the capability of Pi’s global network of nodes to support decentralized AI training and computing tasks. By transforming unused computing power into… pic.twitter.com/8GN9UDNy8J— Pi Network (@PiCoreTeam) November 3, 2025 Maxi Doge (MAXI): The Next Dogecoin Story Has 100x Upside PotentialA new entrant gaining traction outside of DeepSeek’s dataset is Maxi Doge ($MAXI), one of 2025’s most talked-about meme coin presales, already drawing over $3.9 million from investors seeking the next Dogecoin-like success story.Branded as Dogecoin’s louder, bolder successor, Maxi Doge embodies the high-energy meme culture through contests, community challenges, and an active social media presence.Built as an ERC-20 token on Ethereum, MAXI offers faster and more cost-efficient transactions than Dogecoin’s legacy blockchain. Out of a 150.24 billion total token supply, 25% is reserved for the “Maxi Fund,” which supports marketing, partnerships, and ecosystem growth.Staking is already live, offering up to 78% APY in rewards, though these rates will gradually decline as participation rises. The current presale price is $0.0002665, with incremental increases set for each subsequent round.Investors can acquire MAXI via MetaMask or Best Wallet.Stay updated through Maxi Doge’s official X and Telegram pages.Visit the Official Website HereThe post China’s DeepSeek AI Predicts the Price of XRP, Solana, Pi Coin by the End of 2025 appeared first on Cryptonews.
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China’s DeepSeek AI predicts that Bitcoin will continue losing its dominance to high-utility altcoins as crypto matures. Historically, catalytic events, like “Uptober” and the Fed’s interest rate cuts, have not yielded the bull markets people expected. While some of it is down to controversial tariffs by Washington, the downturn has dragged on for a month, which suggests the industry is undergoing a major change.See, beyond Bitcoin’s narrative of being a store of value, crypto is designed to have everyday use that makes our lives easier. That’s why DeepSeek names XRP, Solana, and Pi Network as likely frontrunners when the candles turn green again.XRP ($XRP): DeepSeek Sees 400% Upside by Year-EndAccording to DeepSeek’s modeling, Ripple’s XRP ($XRP) could emerge as one of the biggest gainers of 2025’s closing months, with forecasts showing a potential rise to between $5 and $10, roughly a 339% surge from its current level of $2.28.Source: DeepSeek AIFollowing Ripple’s courtroom victory over the SEC earlier this year, investor sentiment turned sharply positive, propelling XRP to a seven-year peak of $3.65 in July. Over the past twelve months, XRP has risen 350%, outperforming major assets like Bitcoin and Ethereum.Ripple’s introduction of the RLUSD stablecoin, combined with CEO Brad Garlinghouse’s outreach to U.S. political leaders, has positioned the firm as a compliant and forward-thinking player in the evolving regulatory landscape. This perception continues to draw institutional and retail interest alike.XRP’s chart patterns remain encouraging, with multiple bullish flag formations extending into early 2025, a sign of potential continuation.If new catalysts emerge, such as ETF approvals, expanded global partnerships, or clearer U.S. crypto legislation, XRP could realize DeepSeek’s upper price target of $10 before Christmas.Solana (SOL): DeepSeek Predicts Post-ETF Surge to Four DigitsSolana ($SOL) continues to solidify its reputation as one of the fastest-growing smart contract platforms, boasting a market cap above $89 billion and over $10 billion in total value locked (TVL) across its DeFi ecosystem.The recent approval of Bitwise and Grayscale’s Solana ETFs in the U.S. has reignited excitement among institutional investors. Capital inflows could mirror those seen when Bitcoin and Ethereum ETFs launched, potentially fueling another leg upward.Known for its lightning-fast transaction speeds, nearly zero fees, and widespread adoption in tokenization and stablecoin solutions, Solana is an enterprise-grade blockchain.After reaching $250 in January and dipping to around $100 in April, SOL now trades near $162, about 45% below its all-time high of $293 recorded earlier this year.Having broken out of a bullish flag pattern, DeepSeek anticipates that Solana could soar between $500 and $1,000 by the end of the year, an ambitious yet realistic target given the next bull cycle is likely to be dominated by high-utility altcoins.Pi Network ($PI): DeepSeek AI Foresees MoonshotPi Network ($PI) pioneered the mobile “tap-to-mine” approach, allowing users to earn tokens from their smartphones by logging in and tapping the app daily.Currently trading near $0.22, DeepSeek predicts a moonshot to $10, a 45x return from current levels. This is already a hyper-bullish scenario, but DeepSeek goes so far as to give $50 as an upper target, though such an extreme gain is highly improbable given current market conditions.Nevertheless, ongoing developer updates and recent announcements lend credibility to the idea that Pi’s fortune will change.Since its February 2025 debut, Pi has experienced volatile price action, including a 171% surge in May. Its present RSI of around 35 points to near oversold conditions and potential undervaluation, also hint that a rebound could be near.Since its February 2025 debut, Pi has experienced volatile price action, including a 171% surge in May. Its present RSI of around 35 points indicates near oversold conditions and potential undervaluation, which sets the stage for a potential rebound.Pi recently invested in AI startup OpenMind and together worked on a successful proof-of-concept showing that node operators can run computations for third-party companies. The team has also launched a testnet for decentralized exchanges, automated market makers, and liquidity providers, while rolling out an upgraded KYC verification system that has already enabled millions of users to move their mined Pi tokens to the mainnet. Pi Network and OpenMind’s proof-of-concept project, where OpenMind’s AI models can run on Pi Node infrastructure, explores the capability of Pi’s global network of nodes to support decentralized AI training and computing tasks. By transforming unused computing power into… pic.twitter.com/8GN9UDNy8J— Pi Network (@PiCoreTeam) November 3, 2025 Maxi Doge (MAXI): The Next Dogecoin Story Has 100x Upside PotentialA new entrant gaining traction outside of DeepSeek’s dataset is Maxi Doge ($MAXI), one of 2025’s most talked-about meme coin presales, already drawing over $3.9 million from investors seeking the next Dogecoin-like success story.Branded as Dogecoin’s louder, bolder successor, Maxi Doge embodies the high-energy meme culture through contests, community challenges, and an active social media presence.Built as an ERC-20 token on Ethereum, MAXI offers faster and more cost-efficient transactions than Dogecoin’s legacy blockchain. Out of a 150.24 billion total token supply, 25% is reserved for the “Maxi Fund,” which supports marketing, partnerships, and ecosystem growth.Staking is already live, offering up to 78% APY in rewards, though these rates will gradually decline as participation rises. The current presale price is $0.0002665, with incremental increases set for each subsequent round.Investors can acquire MAXI via MetaMask or Best Wallet.Stay updated through Maxi Doge’s official X and Telegram pages.Visit the Official Website HereThe post China’s DeepSeek AI Predicts the Price of XRP, Solana, Pi Coin by the End of 2025 appeared first on Cryptonews.
Solana Just Booked Its Second-Biggest Week in History Despite Choppy Market
CryptoPotatoNov 04, 2025, 10:07 PM
Digital asset investment products recorded outflows of $360 million last week despite the market recently digesting yet another US interest rate cut. The selling pressure wasn’t driven by the rate cut itself, but by how investors read Fed Chair Jerome Powell’s language at the post-FOMC press conference. Powell made it clear that another cut in December is “not a foregone conclusion,” a surprisingly hawkish communication that appears to have knocked sentiment across the market, especially in the absence of any high-impact US macro data releases that could have helped traders re-anchor expectations. Doubling Down On Solana Exposure But while the overall flow number skewed negative, Solana emerged as the standout winner yet again after pulling in $421 million in inflows last week. This is the second-largest weekly figure on record, powered largely by inflows into the new US ETFs, which brought Solana’s year-to-date total to $3.3 billion, according to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report. Ethereum also saw net inflows of $57.6 million, though the daily flow pattern still shows mixed conviction among investors. XRP came in next with $43.2 million, followed by Sui at $9.4 million, Litecoin at $1.5 million, Cardano at $0.7 million, and Chainlink at $0.5 million. Multi-asset ETPs added another $8.3 million. But the drag came from Bitcoin. US Bitcoin ETFs saw a massive $946 million in outflows. The United States remained the epicenter of last week’s fund pessimism, as $439 million exited from American-listed investment vehicles. Sweden added another $11 million in outflows during the same period. n. This weakness was partly counterbalanced by other regions. For instance, Germany welcomed $32 million while Switzerland saw $30.8 million. Canada, Australia, and Brazil managed smaller but positive totals of $8.5 million, $7.2 million, and $1.3 million. $100K Bitcoin’s “Make-or-Break” Moment November has been choppy for the market, and there appears to be no signs of relief. Bitcoin has now spent 180 days above the $100,000 threshold, without a single daily close below it. Swissblock describes this zone as a structural floor and not just a psychological level, but an area built on heavy volume and high confluence. And that sets up November with a sharply asymmetric setup. If the crypto asset can continue defending this region, the bullish structure effectively resets, which is expected to give the market room for another upside leg. However, if this floor finally gives way, the analytics firm warned that the chart has very little support underneath. The post Solana Just Booked Its Second-Biggest Week in History Despite Choppy Market appeared first on CryptoPotato.
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Digital asset investment products recorded outflows of $360 million last week despite the market recently digesting yet another US interest rate cut. The selling pressure wasn’t driven by the rate cut itself, but by how investors read Fed Chair Jerome Powell’s language at the post-FOMC press conference. Powell made it clear that another cut in December is “not a foregone conclusion,” a surprisingly hawkish communication that appears to have knocked sentiment across the market, especially in the absence of any high-impact US macro data releases that could have helped traders re-anchor expectations. Doubling Down On Solana Exposure But while the overall flow number skewed negative, Solana emerged as the standout winner yet again after pulling in $421 million in inflows last week. This is the second-largest weekly figure on record, powered largely by inflows into the new US ETFs, which brought Solana’s year-to-date total to $3.3 billion, according to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report. Ethereum also saw net inflows of $57.6 million, though the daily flow pattern still shows mixed conviction among investors. XRP came in next with $43.2 million, followed by Sui at $9.4 million, Litecoin at $1.5 million, Cardano at $0.7 million, and Chainlink at $0.5 million. Multi-asset ETPs added another $8.3 million. But the drag came from Bitcoin. US Bitcoin ETFs saw a massive $946 million in outflows. The United States remained the epicenter of last week’s fund pessimism, as $439 million exited from American-listed investment vehicles. Sweden added another $11 million in outflows during the same period. n. This weakness was partly counterbalanced by other regions. For instance, Germany welcomed $32 million while Switzerland saw $30.8 million. Canada, Australia, and Brazil managed smaller but positive totals of $8.5 million, $7.2 million, and $1.3 million. $100K Bitcoin’s “Make-or-Break” Moment November has been choppy for the market, and there appears to be no signs of relief. Bitcoin has now spent 180 days above the $100,000 threshold, without a single daily close below it. Swissblock describes this zone as a structural floor and not just a psychological level, but an area built on heavy volume and high confluence. And that sets up November with a sharply asymmetric setup. If the crypto asset can continue defending this region, the bullish structure effectively resets, which is expected to give the market room for another upside leg. However, if this floor finally gives way, the analytics firm warned that the chart has very little support underneath. The post Solana Just Booked Its Second-Biggest Week in History Despite Choppy Market appeared first on CryptoPotato.
Berachain’s Emergency Hard Fork Traps Hacker, Freezing Funds From Balancer V2 Exploit
CryptoNews.comNov 04, 2025, 09:09 PM
Berachain has executed an emergency hard fork to trap a hacker’s funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 Composable Stable Pools.This is done to contain the fallout from the recent Balancer V2 exploit, freezing funds linked to the attacker and coordinating a return of assets through a self-identified white-hat operator.In a statement on X, the Bera Foundation confirmed that the hard fork binary has been distributed and many validators have already upgraded. Bera core update:The binary for the hard fork has been circulated and many of the validators have upgraded. Prior to going live and producing blocks once again, we'd like to ensure that core infrastructure partners necessary for chain operations (oracles for liquidations etc)…— Berachain Foundation (@berachain) November 4, 2025 The chain’s liveness remains paused while the core team works with infrastructure partners to ensure stability. “Prior to going live and producing blocks once again, we’d like to ensure that core infrastructure partners necessary for chain operations—oracles for liquidations, etc.—have updated their RPCs,” the team said.It added that bridges, centralized exchanges, and custodians will be reconnected once the chain resumes activity.The emergency measure comes after a severe breach at DeFi protocol Balancer earlier this week. Berachain Executes Emergency Measure After $128M Balancer ExploitThe exploit targeted Balancer V2 Composable Stable Pools, draining over $128 million across multiple chains. Security firm PeckShield was among the first to flag the incident, calling it one of the largest DeFi exploits of the year.The attack unfolded over several hours as the hacker manipulated Balancer’s smart contracts through a vulnerability in its authorization logic. Analysts at Defimon Alerts and Decurity later identified the issue within the manageUserBalance function, which improperly verified user permissions. Balancer Protocol loses over $116 million in cross-chain exploit, marking one of the largest DeFi security breaches in 2025.#Balancer #DeFihttps://t.co/7nZYB2xSar— Cryptonews.com (@cryptonews) November 3, 2025 By exploiting this oversight, the attacker was able to impersonate other users and withdraw internal balances without authorization.On-chain data reviewed by Nansen showed suspicious transfers of wrapped Ether (WETH), osETH, and wstETH to a new wallet, followed by large-scale conversions into Ethereum. Cyvers Alerts reported that the attacker began laundering funds through Tornado Cash shortly afterward.While the breach was still under investigation, on-chain analyst EmberCN reported that liquid staking protocol StakeWise successfully recovered 5,041 osETH, worth roughly $19.3 million, via a contract call. ₿ DeFi protocol Balancer suffered a major breach and managed to recover some of the assets from hackers through a contract call.#Balancer #CryptoHack #DeFiProtocolhttps://t.co/VQcuJ4OBVk— Cryptonews.com (@cryptonews) November 4, 2025 The recovery reduced total stolen assets to around $98 million, with more than half already converted to ETH.Berachain’s swift response was intended to prevent further losses after it became one of the affected ecosystems.Balancer Breach Tests DeFi’s Defenses as Berachain Prepares Fund RecoveryAccording to the foundation, an MEV bot operator, who has been active on the chain for several months, currently holds the compromised funds and has agreed to return them. “He has indicated that he is a white hat and is willing to pre-sign a set of transactions to transfer the funds back upon the chain going live,” Berachain stated. The team confirmed that the funds will be restored to the Berachain deployer address at 0xD276D…, and on-chain messages have been sent to verify the process.Additionally, the Balancer exploit has intensified scrutiny of DeFi security. Despite undergoing more than ten audits by top firms, including OpenZeppelin, Trail of Bits, and Certora, Balancer’s V2 contracts were compromised.Developer Suhail Kakar commented that repeated audits are no longer a guarantee of safety, noting that “code is hard, DeFi is harder.” balancer went through 10+ audits. the vault was audited 3 separate times by different firmsstill got hacked for $110Mthis space needs to accept that 'audited by X' means almost nothing. code is hard, defi is harderit is unfortunate but hope the team recovers pic.twitter.com/nZzVzCdqDO— Suhail Kakar (@SuhailKakar) November 3, 2025 The incident adds to Balancer’s troubled security history. Since launching in 2020, the protocol has suffered multiple attacks, including a $520,000 loss due to a deflationary token vulnerability in 2020, a $2.1 million rounding error exploit in 2023, and a DNS hijack later that year. Balancer’s total value locked has plunged from $442 million to around $213 million within a day, according to DeFiLlama data.The post Berachain’s Emergency Hard Fork Traps Hacker, Freezing Funds From Balancer V2 Exploit appeared first on Cryptonews.
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Berachain has executed an emergency hard fork to trap a hacker’s funds following a major breach on decentralized finance (DeFi) protocol Balancer, which saw over $128 million stolen from its V2 Composable Stable Pools.This is done to contain the fallout from the recent Balancer V2 exploit, freezing funds linked to the attacker and coordinating a return of assets through a self-identified white-hat operator.In a statement on X, the Bera Foundation confirmed that the hard fork binary has been distributed and many validators have already upgraded. Bera core update:The binary for the hard fork has been circulated and many of the validators have upgraded. Prior to going live and producing blocks once again, we'd like to ensure that core infrastructure partners necessary for chain operations (oracles for liquidations etc)…— Berachain Foundation (@berachain) November 4, 2025 The chain’s liveness remains paused while the core team works with infrastructure partners to ensure stability. “Prior to going live and producing blocks once again, we’d like to ensure that core infrastructure partners necessary for chain operations—oracles for liquidations, etc.—have updated their RPCs,” the team said.It added that bridges, centralized exchanges, and custodians will be reconnected once the chain resumes activity.The emergency measure comes after a severe breach at DeFi protocol Balancer earlier this week. Berachain Executes Emergency Measure After $128M Balancer ExploitThe exploit targeted Balancer V2 Composable Stable Pools, draining over $128 million across multiple chains. Security firm PeckShield was among the first to flag the incident, calling it one of the largest DeFi exploits of the year.The attack unfolded over several hours as the hacker manipulated Balancer’s smart contracts through a vulnerability in its authorization logic. Analysts at Defimon Alerts and Decurity later identified the issue within the manageUserBalance function, which improperly verified user permissions. Balancer Protocol loses over $116 million in cross-chain exploit, marking one of the largest DeFi security breaches in 2025.#Balancer #DeFihttps://t.co/7nZYB2xSar— Cryptonews.com (@cryptonews) November 3, 2025 By exploiting this oversight, the attacker was able to impersonate other users and withdraw internal balances without authorization.On-chain data reviewed by Nansen showed suspicious transfers of wrapped Ether (WETH), osETH, and wstETH to a new wallet, followed by large-scale conversions into Ethereum. Cyvers Alerts reported that the attacker began laundering funds through Tornado Cash shortly afterward.While the breach was still under investigation, on-chain analyst EmberCN reported that liquid staking protocol StakeWise successfully recovered 5,041 osETH, worth roughly $19.3 million, via a contract call. ₿ DeFi protocol Balancer suffered a major breach and managed to recover some of the assets from hackers through a contract call.#Balancer #CryptoHack #DeFiProtocolhttps://t.co/VQcuJ4OBVk— Cryptonews.com (@cryptonews) November 4, 2025 The recovery reduced total stolen assets to around $98 million, with more than half already converted to ETH.Berachain’s swift response was intended to prevent further losses after it became one of the affected ecosystems.Balancer Breach Tests DeFi’s Defenses as Berachain Prepares Fund RecoveryAccording to the foundation, an MEV bot operator, who has been active on the chain for several months, currently holds the compromised funds and has agreed to return them. “He has indicated that he is a white hat and is willing to pre-sign a set of transactions to transfer the funds back upon the chain going live,” Berachain stated. The team confirmed that the funds will be restored to the Berachain deployer address at 0xD276D…, and on-chain messages have been sent to verify the process.Additionally, the Balancer exploit has intensified scrutiny of DeFi security. Despite undergoing more than ten audits by top firms, including OpenZeppelin, Trail of Bits, and Certora, Balancer’s V2 contracts were compromised.Developer Suhail Kakar commented that repeated audits are no longer a guarantee of safety, noting that “code is hard, DeFi is harder.” balancer went through 10+ audits. the vault was audited 3 separate times by different firmsstill got hacked for $110Mthis space needs to accept that 'audited by X' means almost nothing. code is hard, defi is harderit is unfortunate but hope the team recovers pic.twitter.com/nZzVzCdqDO— Suhail Kakar (@SuhailKakar) November 3, 2025 The incident adds to Balancer’s troubled security history. Since launching in 2020, the protocol has suffered multiple attacks, including a $520,000 loss due to a deflationary token vulnerability in 2020, a $2.1 million rounding error exploit in 2023, and a DNS hijack later that year. Balancer’s total value locked has plunged from $442 million to around $213 million within a day, according to DeFiLlama data.The post Berachain’s Emergency Hard Fork Traps Hacker, Freezing Funds From Balancer V2 Exploit appeared first on Cryptonews.
Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000
NewsBTCNov 04, 2025, 08:14 PM
On Tuesday, the Bitcoin price briefly dipped below the significant $100,000 threshold for the first time since June. Market expert Lark Davis summarized the facts behind the ongoing sell-off on the social media platform X (formerly Twitter), describing the situation as “absolutely relentless.” Bitcoin Price Set For Deeper Correction Davis highlighted a range of factors contributing to the Bitcoin price downturn, including selling activity from exchange-traded funds (ETFs), and large-scale investors known as whales. He suggested that fear among investors is reaching a peak, indicating a phase of significant capitulation. Amid these developments, reports have emerged that the Bitcoin price is undergoing an Elliott Wave Correction. Analysts suggest that Wave (5) appears to be complete, and Wave (B) might have reached its peak. This could set the stage for a deeper Wave (C) correction, potentially bringing the price down to the $70,000 to $75,000 range. This would mean an additional 30% decline ahead for the market’s leading crypto. The unfolding Elliott Wave A-B-C structure indicates that there is strong support for the Bitcoin price in the “green box” seen in the chart above, which could serve as a potential reversal zone. However, the analyst caution that a substantial rally may follow the completion of the Wave (C) correction. Altcoins At Risk Further complicating the outlook, market analyst Ted Pillows emphasized that merely conducting quantitative tightening (QT) would not suffice to stabilize the market. Referring to historical data from the third quarter of 2019, when the Federal Reserve (Fed) halted QT, Pillows noted that altcoins dropped significantly—by 40%—and did not find a bottom until the Fed initiated quantitative easing (QE). He warned that the current situation would likely mirror that past experience, stating that unless new liquidity enters the market, alts will continue to set new lows. While a few may outperform, the majority are expected to decline further. As of writing, the Bitcoin price had recovered the $100,900 mark. However, losses of 6% and 12% were recorded in the last 24 hours and over the past seven days, respectively. Featured image from DALL-E, chart from TradingView.com
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On Tuesday, the Bitcoin price briefly dipped below the significant $100,000 threshold for the first time since June. Market expert Lark Davis summarized the facts behind the ongoing sell-off on the social media platform X (formerly Twitter), describing the situation as “absolutely relentless.” Bitcoin Price Set For Deeper Correction Davis highlighted a range of factors contributing to the Bitcoin price downturn, including selling activity from exchange-traded funds (ETFs), and large-scale investors known as whales. He suggested that fear among investors is reaching a peak, indicating a phase of significant capitulation. Amid these developments, reports have emerged that the Bitcoin price is undergoing an Elliott Wave Correction. Analysts suggest that Wave (5) appears to be complete, and Wave (B) might have reached its peak. This could set the stage for a deeper Wave (C) correction, potentially bringing the price down to the $70,000 to $75,000 range. This would mean an additional 30% decline ahead for the market’s leading crypto. The unfolding Elliott Wave A-B-C structure indicates that there is strong support for the Bitcoin price in the “green box” seen in the chart above, which could serve as a potential reversal zone. However, the analyst caution that a substantial rally may follow the completion of the Wave (C) correction. Altcoins At Risk Further complicating the outlook, market analyst Ted Pillows emphasized that merely conducting quantitative tightening (QT) would not suffice to stabilize the market. Referring to historical data from the third quarter of 2019, when the Federal Reserve (Fed) halted QT, Pillows noted that altcoins dropped significantly—by 40%—and did not find a bottom until the Fed initiated quantitative easing (QE). He warned that the current situation would likely mirror that past experience, stating that unless new liquidity enters the market, alts will continue to set new lows. While a few may outperform, the majority are expected to decline further. As of writing, the Bitcoin price had recovered the $100,900 mark. However, losses of 6% and 12% were recorded in the last 24 hours and over the past seven days, respectively. Featured image from DALL-E, chart from TradingView.com
Ripple Turns To Big Business, Buys Palisade To Spark Global Crypto Use
BitCoinistNov 04, 2025, 08:00 PM
Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody tools. According to company statements and industry reports, the deal adds capabilities for corporations and fintech clients that want ready-made wallets and custodial support. The price was not disclosed. Palisade Brings Wallet Tech And MPC Palisade’s stack includes multi-party computation (MPC) for key management and support for multiple blockchains, including XRPL, Ethereum and Solana. Based on reports, the firm has experience with rapid wallet provisioning and a model that appeals to firms that do not want to build custody from scratch. Palisade also holds regulatory ties in Europe, including a French custodian license alongside its UK presence. @palisadeinc has been acquired by @Ripple Our wallet-as-a-service platform will help power Ripple’s next-gen custody and payments infrastructure, bringing our technology to businesses worldwide. Same team, now at enterprise scale. This is just the beginning pic.twitter.com/G1en6AySYz — Palisade (@palisadeinc) November 3, 2025 Custody And Payments Options According to Ripple, the acquisition is meant to boost its ability to serve corporates and crypto firms with custody tied into payments workflows. The company already points to a broad regulatory footprint, with 75+ licenses claimed around the world. Industry sources estimate Ripple’s M&A activity in crypto infrastructure at about $4 billion so far, driven by a string of purchases aimed at broadening its services. According to Monica Long, Ripple president, corporates are “poised to drive the next massive wave of crypto adoption.” Institutional-grade asset custody just got supercharged. We’re acquiring @palisadeinc: https://t.co/2536rNIuWv Palisade offers a fast and scalable wallet solution, ideal for on/off ramps and global corporate payments – this integration accelerates value transfer across Ripple… — Ripple (@Ripple) November 3, 2025 What Was Disclosed And What Wasn’t Reports have disclosed product and technical details, but not the deal amount. That omission leaves room for questions on how Palisade will be folded into Ripple’s existing products and which markets will get the new combined offering first. Integration plans were not given in full detail, and observers say timing could shape how quickly customers see changes. Possible Effects On Customers And XRP Use Some clients may get faster time to market for wallets and custodial services because they can use Palisade’s WaaS model under Ripple’s umbrella. That could matter to nonbank corporates and fintechs that are testing tokenization and digital-asset payments. Whether the move will push more direct use of XRP in corporate flows was not clarified in public statements. A more tightly knit custody and payment stack could influence sentiment, but any effect on token demand would depend on product choices that have not yet been announced. Analysts will watch for three things: where the combined service will launch first, how the firms handle licensing across jurisdictions, and how quickly key management systems get merged. Reports also raise the question of competition, since other custody and wallet providers are expanding too. How Ripple positions Palisade — as a back-end tool, a branded offering, or something in between — will shape customer interest. Featured image from Gemini, chart from TradingView
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Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody tools. According to company statements and industry reports, the deal adds capabilities for corporations and fintech clients that want ready-made wallets and custodial support. The price was not disclosed. Palisade Brings Wallet Tech And MPC Palisade’s stack includes multi-party computation (MPC) for key management and support for multiple blockchains, including XRPL, Ethereum and Solana. Based on reports, the firm has experience with rapid wallet provisioning and a model that appeals to firms that do not want to build custody from scratch. Palisade also holds regulatory ties in Europe, including a French custodian license alongside its UK presence. @palisadeinc has been acquired by @Ripple Our wallet-as-a-service platform will help power Ripple’s next-gen custody and payments infrastructure, bringing our technology to businesses worldwide. Same team, now at enterprise scale. This is just the beginning pic.twitter.com/G1en6AySYz — Palisade (@palisadeinc) November 3, 2025 Custody And Payments Options According to Ripple, the acquisition is meant to boost its ability to serve corporates and crypto firms with custody tied into payments workflows. The company already points to a broad regulatory footprint, with 75+ licenses claimed around the world. Industry sources estimate Ripple’s M&A activity in crypto infrastructure at about $4 billion so far, driven by a string of purchases aimed at broadening its services. According to Monica Long, Ripple president, corporates are “poised to drive the next massive wave of crypto adoption.” Institutional-grade asset custody just got supercharged. We’re acquiring @palisadeinc: https://t.co/2536rNIuWv Palisade offers a fast and scalable wallet solution, ideal for on/off ramps and global corporate payments – this integration accelerates value transfer across Ripple… — Ripple (@Ripple) November 3, 2025 What Was Disclosed And What Wasn’t Reports have disclosed product and technical details, but not the deal amount. That omission leaves room for questions on how Palisade will be folded into Ripple’s existing products and which markets will get the new combined offering first. Integration plans were not given in full detail, and observers say timing could shape how quickly customers see changes. Possible Effects On Customers And XRP Use Some clients may get faster time to market for wallets and custodial services because they can use Palisade’s WaaS model under Ripple’s umbrella. That could matter to nonbank corporates and fintechs that are testing tokenization and digital-asset payments. Whether the move will push more direct use of XRP in corporate flows was not clarified in public statements. A more tightly knit custody and payment stack could influence sentiment, but any effect on token demand would depend on product choices that have not yet been announced. Analysts will watch for three things: where the combined service will launch first, how the firms handle licensing across jurisdictions, and how quickly key management systems get merged. Reports also raise the question of competition, since other custody and wallet providers are expanding too. How Ripple positions Palisade — as a back-end tool, a branded offering, or something in between — will shape customer interest. Featured image from Gemini, chart from TradingView
Olas debuts first user-owned AI agent app store, Pearl
Crypto.NewsNov 04, 2025, 05:50 PM
Olas has launched Pearl v1, a decentralized marketplace where users fully own and control their AI agents. The platform merges simple Web2 logins with Web3’s self-custody, making autonomous digital workers verifiable assets for users. According to an announcement on Nov.…
Top 3 Price Prediction Bitcoin, Gold, Silver: Support Levels Wear Thin Ahead of Tariffs Day in Court
BeInCryptoNov 04, 2025, 05:26 PM
Bitcoin (BTC) and commodity safe havens like Gold (XAU) and Silver (XAG) are on the verge of more downside, leaving traders and investors at the edge of their seats as crucial support levels give way. Analysts anticipate further volatility, with the Supreme Court expected to decide if Trump’s tariffs are legal on Wednesday. Bitcoin Eyes June Lows As $100,000 Breakdown Feels Imminent Crypto markets brace for volatility on Wednesday, when the Supreme Court is expected to decide whether Trump’s tariffs are legal. “They can say what they want. I’m there to emphasize this is an economic emergency,” said Treasury Secretary Scott Bessent in an interview with Fox. Meanwhile, Bitcoin continues to slide lower after descending to the $103,000 range on Tuesday. Prospects for further downside remain very much alive, with concerning actions by significant market players keeping traders on edge. From a technical standpoint, bearish pressure is overpowering bullish momentum, seen with the yellow volume profiles (bears) dominating the bullish ones (grey). Meanwhile, momentum indicators such as the RSI (Relative Strength Index) suggest a waning of buying strength, as it continues to record lower highs. Based on this, Bitcoin could extend a leg lower, potentially reaching the $100,000 psychological level. A daily candlestick close below $100,300, the midline of the demand zone between $102,120 and $98,200 could confirm the continuation of the downtrend. Such a move would clear the clog for further downside, with BTC bulls waiting to interact with the Bitcoin price around $93,708. This could be the inflection point, offering the pioneer crypto a turnaround and entry for late bulls. Bitcoin (BTC) Price Performance. Source: TradingView Conversely, the position of the RSI, earmarked with a purple patch, shows that momentum could soon rise if history rhymes. Looking back, every time the RSI dropped to near 35, the momentum indicator bounced, and with it, the price. Furthermore, the RSI is nearing oversold territory, which often precedes a pullback to the upside. Increased buying pressure, therefore, could cause the Bitcoin price to revert to the top of the ascending trendline. Nonetheless, while a break above $111,999 and $117,552 would be ideal, only a break and close above $123,891 on the daily timeframe would indicate possibilities for new all-time highs. Gold Slips Below $4,000 As Hopes for More Fed Rate Cuts Fade While Bitcoin teases with further downside, Gold is also dipping, having slipped below the $4,000 psychological level on Tuesday. Analysts attribute this slump to dwindling hopes for further rate cuts in 2025. Gold slipped below $4,000 on Tuesday as hopes for more Fed rate cuts fade.Some Fed officials pushed back against another cut in December after last week’s reduction that Powell hinted could be the last this year.Markets now price just 65% odds of a December cut (vs 90%+ last… pic.twitter.com/inDorrQfGL— Axel  Adler Jr (@AxelAdlerJr) November 4, 2025 Data from the CME FedWatch Tool shows a 69.9% probability of cuts to the 3.50 to 3.75% range, against a growing probability that it will remain steady at 3.75 to 4.00%. Against this backdrop, the gold price is dropping. The drop occurs after the gold price filled a symmetric triangle, with the breakdown of the lower trendline indicating a directional bias. Now, with the support at $3,938 holding, the XAU price is at an inflection point. A breakdown of this support could see the downtrend extend, with a 4-hour candlestick close below $3,915 setting the tone for an extended leg down. This could see the gold price descend to collect sell-side liquidity below $3,899, potentially reaching levels last tested on October 28, as low as $3,886. Gold (XAU) Price Performance. Source: TradingView On the other hand, if buyer momentum increases beyond current levels, the gold price could restore consolidation within the triangle, increasing the odds of a break above the upper boundary. Nevertheless, only a decisive candlestick close above $4,061 on the 4-hour timeframe would make the precious metal attractive to buy again. Overhead Pressure Puts Silver at the Cusp of a Drop to $46.24 Silver could take its cues from the gold price, falling to $46.24 (earmarked by the 38.2% Fibonacci retracement level) before a recovery. Amid overhead pressure due to the confluence of resistance between the 50- and 100-day SMAs at $48.08 and $49.76, respectively, the XAG price fell below the midrange of the golden zone (50% Fibonacci retracement level) at $47.82. If the $46.24 support level fails to hold, bulls could find the next buying opportunity at $44.30, coinciding with the 23.6% Fibonacci retracement level. Silver (XAG) Price Performance. Source: TradingView On the other hand, with the RSI tipping north, momentum is rising. If sustained, the XAG price could pull back, flipping the $47.82 resistance into support. Traders should watch for a bullish crossover, which occurs when the RSI crosses its signal line (yellow) to the upside. Such a move could attract more buy orders, with the ensuing buying pressure likely to send the silver price further north. The post Top 3 Price Prediction Bitcoin, Gold, Silver: Support Levels Wear Thin Ahead of Tariffs Day in Court appeared first on BeInCrypto.
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Bitcoin (BTC) and commodity safe havens like Gold (XAU) and Silver (XAG) are on the verge of more downside, leaving traders and investors at the edge of their seats as crucial support levels give way. Analysts anticipate further volatility, with the Supreme Court expected to decide if Trump’s tariffs are legal on Wednesday. Bitcoin Eyes June Lows As $100,000 Breakdown Feels Imminent Crypto markets brace for volatility on Wednesday, when the Supreme Court is expected to decide whether Trump’s tariffs are legal. “They can say what they want. I’m there to emphasize this is an economic emergency,” said Treasury Secretary Scott Bessent in an interview with Fox. Meanwhile, Bitcoin continues to slide lower after descending to the $103,000 range on Tuesday. Prospects for further downside remain very much alive, with concerning actions by significant market players keeping traders on edge. From a technical standpoint, bearish pressure is overpowering bullish momentum, seen with the yellow volume profiles (bears) dominating the bullish ones (grey). Meanwhile, momentum indicators such as the RSI (Relative Strength Index) suggest a waning of buying strength, as it continues to record lower highs. Based on this, Bitcoin could extend a leg lower, potentially reaching the $100,000 psychological level. A daily candlestick close below $100,300, the midline of the demand zone between $102,120 and $98,200 could confirm the continuation of the downtrend. Such a move would clear the clog for further downside, with BTC bulls waiting to interact with the Bitcoin price around $93,708. This could be the inflection point, offering the pioneer crypto a turnaround and entry for late bulls. Bitcoin (BTC) Price Performance. Source: TradingView Conversely, the position of the RSI, earmarked with a purple patch, shows that momentum could soon rise if history rhymes. Looking back, every time the RSI dropped to near 35, the momentum indicator bounced, and with it, the price. Furthermore, the RSI is nearing oversold territory, which often precedes a pullback to the upside. Increased buying pressure, therefore, could cause the Bitcoin price to revert to the top of the ascending trendline. Nonetheless, while a break above $111,999 and $117,552 would be ideal, only a break and close above $123,891 on the daily timeframe would indicate possibilities for new all-time highs. Gold Slips Below $4,000 As Hopes for More Fed Rate Cuts Fade While Bitcoin teases with further downside, Gold is also dipping, having slipped below the $4,000 psychological level on Tuesday. Analysts attribute this slump to dwindling hopes for further rate cuts in 2025. Gold slipped below $4,000 on Tuesday as hopes for more Fed rate cuts fade.Some Fed officials pushed back against another cut in December after last week’s reduction that Powell hinted could be the last this year.Markets now price just 65% odds of a December cut (vs 90%+ last… pic.twitter.com/inDorrQfGL— Axel  Adler Jr (@AxelAdlerJr) November 4, 2025 Data from the CME FedWatch Tool shows a 69.9% probability of cuts to the 3.50 to 3.75% range, against a growing probability that it will remain steady at 3.75 to 4.00%. Against this backdrop, the gold price is dropping. The drop occurs after the gold price filled a symmetric triangle, with the breakdown of the lower trendline indicating a directional bias. Now, with the support at $3,938 holding, the XAU price is at an inflection point. A breakdown of this support could see the downtrend extend, with a 4-hour candlestick close below $3,915 setting the tone for an extended leg down. This could see the gold price descend to collect sell-side liquidity below $3,899, potentially reaching levels last tested on October 28, as low as $3,886. Gold (XAU) Price Performance. Source: TradingView On the other hand, if buyer momentum increases beyond current levels, the gold price could restore consolidation within the triangle, increasing the odds of a break above the upper boundary. Nevertheless, only a decisive candlestick close above $4,061 on the 4-hour timeframe would make the precious metal attractive to buy again. Overhead Pressure Puts Silver at the Cusp of a Drop to $46.24 Silver could take its cues from the gold price, falling to $46.24 (earmarked by the 38.2% Fibonacci retracement level) before a recovery. Amid overhead pressure due to the confluence of resistance between the 50- and 100-day SMAs at $48.08 and $49.76, respectively, the XAG price fell below the midrange of the golden zone (50% Fibonacci retracement level) at $47.82. If the $46.24 support level fails to hold, bulls could find the next buying opportunity at $44.30, coinciding with the 23.6% Fibonacci retracement level. Silver (XAG) Price Performance. Source: TradingView On the other hand, with the RSI tipping north, momentum is rising. If sustained, the XAG price could pull back, flipping the $47.82 resistance into support. Traders should watch for a bullish crossover, which occurs when the RSI crosses its signal line (yellow) to the upside. Such a move could attract more buy orders, with the ensuing buying pressure likely to send the silver price further north. The post Top 3 Price Prediction Bitcoin, Gold, Silver: Support Levels Wear Thin Ahead of Tariffs Day in Court appeared first on BeInCrypto.
SBF Launches Appeal, Claims He Was “Presumed Guilty” Before Trial
BeInCryptoNov 04, 2025, 05:22 PM
Sam Bankman-Fried (SBF) is moving to overturn his fraud conviction and 25-year prison sentence as his appeals process begins today. The FTX founder’s legal counsel will argue that he was presumed guilty before he was even charged. SBF Takes His Case to Court As oral arguments for SBF’s appeal get underway in Manhattan this week, the 33-year-old founder of the collapsed FTX exchange is seizing the moment to distance his name from words like “deception” and “betrayal.” Since a jury convicted SBF on seven counts of fraud and conspiracy two years ago, he and his legal team have been working on building his chances of an appeal to overturn his 25-year prison sentence. Before Sam Bankman-Fried testified for the jury in his own trial, he testified for an "unprecedented" hearing where prosecutors were able to cross-examine him.His lawyers say he was railroaded. SBF basically gave the prosecution a preview of his defense. pic.twitter.com/YnsPsp8cwq— Jacob Shamsian ⚖️ (@JayShams) November 4, 2025 During oral arguments, SBF’s attorney, Alexandra Shapiro, will argue that her client was treated as guilty from the outset, paving the way for a biased trial that ultimately resulted in his conviction. “In the United States, people accused of crimes are presumed innocent until proven guilty beyond a reasonable doubt,” Shapiro wrote in a September 2024 brief filed with the 2nd U.S. Circuit Court of Appeals, reviewed by BeInCrypto. “That’s how it’s supposed to work,” she continued. “But none of that happened here. Fair trial principles were swept away in a ‘sentence first, verdict afterwards’ rush to judgment after FTX’s collapse.” She argued that bias, procedural errors, and the court’s refusal to let the defense present crucial evidence tainted the trial. Inside the Government’s Case Against SBF SBF’s conviction stemmed from the collapse of FTX and its sister firm, Alameda Research, following the 2022 crypto market crash. Prosecutors alleged that he misled customers while secretly using client funds to prop up Alameda and finance other ventures. The trial took place in the Southern District of New York before Judge Lewis A. Kaplan. In November 2023, a jury found SBF guilty. The charges followed months of market turmoil, during which Bitcoin lost more than half its value, major crypto players like Luna and Three Arrows Capital imploded, and bankruptcies erupted across the sector. Alameda’s heavily crypto-linked holdings plunged in value, forcing emergency repayments and exposing deep liquidity problems that ultimately led to FTX’s collapse. The government argued FTX was a fraud from inception, claiming SBF built it to funnel customer funds to Alameda. Prosecutors said he used the money for high-risk bets, real estate investments, and political donations, while misleading investors about FTX’s stability. Former executives testified that he authorized deceptive balance sheets and concealed Alameda’s massive debt. Yet, according to SBF’s legal defense, there was another way to view FTX’s demise. SBF’s Lawyers Say Evidence Was Silenced In her brief, Shapiro argued that the jury never got to see the full picture of FTX’s collapse. She maintained that SBF acted in good faith and believed FTX and Alameda were solvent when the market panic hit. The defense was prepared to show that FTX’s downfall stemmed from a liquidity crunch driven by a surge in customer withdrawals, rather than from insolvency. “There were always sufficient assets to make customers whole, although it would have taken a few days to a few weeks to sell enough of them to cover all remaining customer deposits, should the run on the bank continue,” Shapiro argued. She argued the court blocked key evidence proving the companies’ solvency while letting prosecutors present their version unchallenged. It also excluded most expert witnesses and restricted the testimony of the one permitted to appear. As a result, SBF was forced to rely mainly on his own account. SBF insisted that FTX was solvent and “could even repay crypto in kind.”FYI, former FTX executive Dan Chapsky also claimed in a recent interview that FTX was solvent and could repay customers in crypto.With SBF’s appeal approaching, the narrative battle between the pro-FTX… pic.twitter.com/5FK9KknwPE— FTX Historian (@historian_ftx) October 14, 2025 Shapiro added that the judge undermined her client’s credibility by mocking his demeanor during testimony. “The court ‘ridiculed Bankman-Fried’s demeanor, making comments like ‘the witness has what I’ll simply call an interesting way of responding to questions,’” the brief read. The Second Circuit is expected to take several months to issue a decision following this week’s oral arguments. If the court sides with SBF, his case could be sent back for a new trial. Such a move would reopen one of the most high-profile fraud cases in the history of cryptocurrency. The post SBF Launches Appeal, Claims He Was “Presumed Guilty” Before Trial appeared first on BeInCrypto.
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Sam Bankman-Fried (SBF) is moving to overturn his fraud conviction and 25-year prison sentence as his appeals process begins today. The FTX founder’s legal counsel will argue that he was presumed guilty before he was even charged. SBF Takes His Case to Court As oral arguments for SBF’s appeal get underway in Manhattan this week, the 33-year-old founder of the collapsed FTX exchange is seizing the moment to distance his name from words like “deception” and “betrayal.” Since a jury convicted SBF on seven counts of fraud and conspiracy two years ago, he and his legal team have been working on building his chances of an appeal to overturn his 25-year prison sentence. Before Sam Bankman-Fried testified for the jury in his own trial, he testified for an "unprecedented" hearing where prosecutors were able to cross-examine him.His lawyers say he was railroaded. SBF basically gave the prosecution a preview of his defense. pic.twitter.com/YnsPsp8cwq— Jacob Shamsian ⚖️ (@JayShams) November 4, 2025 During oral arguments, SBF’s attorney, Alexandra Shapiro, will argue that her client was treated as guilty from the outset, paving the way for a biased trial that ultimately resulted in his conviction. “In the United States, people accused of crimes are presumed innocent until proven guilty beyond a reasonable doubt,” Shapiro wrote in a September 2024 brief filed with the 2nd U.S. Circuit Court of Appeals, reviewed by BeInCrypto. “That’s how it’s supposed to work,” she continued. “But none of that happened here. Fair trial principles were swept away in a ‘sentence first, verdict afterwards’ rush to judgment after FTX’s collapse.” She argued that bias, procedural errors, and the court’s refusal to let the defense present crucial evidence tainted the trial. Inside the Government’s Case Against SBF SBF’s conviction stemmed from the collapse of FTX and its sister firm, Alameda Research, following the 2022 crypto market crash. Prosecutors alleged that he misled customers while secretly using client funds to prop up Alameda and finance other ventures. The trial took place in the Southern District of New York before Judge Lewis A. Kaplan. In November 2023, a jury found SBF guilty. The charges followed months of market turmoil, during which Bitcoin lost more than half its value, major crypto players like Luna and Three Arrows Capital imploded, and bankruptcies erupted across the sector. Alameda’s heavily crypto-linked holdings plunged in value, forcing emergency repayments and exposing deep liquidity problems that ultimately led to FTX’s collapse. The government argued FTX was a fraud from inception, claiming SBF built it to funnel customer funds to Alameda. Prosecutors said he used the money for high-risk bets, real estate investments, and political donations, while misleading investors about FTX’s stability. Former executives testified that he authorized deceptive balance sheets and concealed Alameda’s massive debt. Yet, according to SBF’s legal defense, there was another way to view FTX’s demise. SBF’s Lawyers Say Evidence Was Silenced In her brief, Shapiro argued that the jury never got to see the full picture of FTX’s collapse. She maintained that SBF acted in good faith and believed FTX and Alameda were solvent when the market panic hit. The defense was prepared to show that FTX’s downfall stemmed from a liquidity crunch driven by a surge in customer withdrawals, rather than from insolvency. “There were always sufficient assets to make customers whole, although it would have taken a few days to a few weeks to sell enough of them to cover all remaining customer deposits, should the run on the bank continue,” Shapiro argued. She argued the court blocked key evidence proving the companies’ solvency while letting prosecutors present their version unchallenged. It also excluded most expert witnesses and restricted the testimony of the one permitted to appear. As a result, SBF was forced to rely mainly on his own account. SBF insisted that FTX was solvent and “could even repay crypto in kind.”FYI, former FTX executive Dan Chapsky also claimed in a recent interview that FTX was solvent and could repay customers in crypto.With SBF’s appeal approaching, the narrative battle between the pro-FTX… pic.twitter.com/5FK9KknwPE— FTX Historian (@historian_ftx) October 14, 2025 Shapiro added that the judge undermined her client’s credibility by mocking his demeanor during testimony. “The court ‘ridiculed Bankman-Fried’s demeanor, making comments like ‘the witness has what I’ll simply call an interesting way of responding to questions,’” the brief read. The Second Circuit is expected to take several months to issue a decision following this week’s oral arguments. If the court sides with SBF, his case could be sent back for a new trial. Such a move would reopen one of the most high-profile fraud cases in the history of cryptocurrency. The post SBF Launches Appeal, Claims He Was “Presumed Guilty” Before Trial appeared first on BeInCrypto.
Ripple Price Analysis: What’s Next For XRP Against USD and BTC After a 14% Weekly Decline?
CryptoPotatoNov 04, 2025, 01:45 PM
XRP continues to drift lower as buyers struggle to hold onto key levels. Despite past attempts at reclaiming higher ground, the structure remains weak, and sellers are beginning to take more control across both the USDT and BTC pairs. Technical Analysis By Shayan The USDT Pair On the USDT pair, XRP is on the verge of breaking below the descending channel support and is also testing the demand zone around the $2.20 level. The asset has also been repeatedly rejected by both the 100-day and 200-day moving averages, both of which are located above the price, and is now printing a series of lower highs and lower lows. Moreover, the RSI is currently at 36, indicating weak momentum and suggesting that there’s still room to the downside before the asset becomes oversold. If this demand zone gives out, the next major support doesn’t appear until closer to the $1.20 range, so buyers will need to show up quickly. The BTC Pair On the BTC pair, XRP is hovering just above the 2,100 sats mark, but the structure looks like a clear rounded top. After failing to reclaim the 2,400–2,500 sats resistance zone and losing both 100-day and 200-day moving averages, the pair is now in danger of confirming a broader breakdown. If the 2,000 sats support zone fails to hold, a rapid flush would be expected, which could push the price lower toward the 1,200 sats demand area. Momentum is also soft here, with the RSI at 39 and trending downward again, reflecting growing weakness relative to Bitcoin. As a result, the outlook for XRP against both USDT and BTC remains bearish, unless fresh demand emerges and pushes the price back above the key 100-day and 200-day moving averages on both charts. The post Ripple Price Analysis: What’s Next For XRP Against USD and BTC After a 14% Weekly Decline? appeared first on CryptoPotato.
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XRP continues to drift lower as buyers struggle to hold onto key levels. Despite past attempts at reclaiming higher ground, the structure remains weak, and sellers are beginning to take more control across both the USDT and BTC pairs. Technical Analysis By Shayan The USDT Pair On the USDT pair, XRP is on the verge of breaking below the descending channel support and is also testing the demand zone around the $2.20 level. The asset has also been repeatedly rejected by both the 100-day and 200-day moving averages, both of which are located above the price, and is now printing a series of lower highs and lower lows. Moreover, the RSI is currently at 36, indicating weak momentum and suggesting that there’s still room to the downside before the asset becomes oversold. If this demand zone gives out, the next major support doesn’t appear until closer to the $1.20 range, so buyers will need to show up quickly. The BTC Pair On the BTC pair, XRP is hovering just above the 2,100 sats mark, but the structure looks like a clear rounded top. After failing to reclaim the 2,400–2,500 sats resistance zone and losing both 100-day and 200-day moving averages, the pair is now in danger of confirming a broader breakdown. If the 2,000 sats support zone fails to hold, a rapid flush would be expected, which could push the price lower toward the 1,200 sats demand area. Momentum is also soft here, with the RSI at 39 and trending downward again, reflecting growing weakness relative to Bitcoin. As a result, the outlook for XRP against both USDT and BTC remains bearish, unless fresh demand emerges and pushes the price back above the key 100-day and 200-day moving averages on both charts. The post Ripple Price Analysis: What’s Next For XRP Against USD and BTC After a 14% Weekly Decline? appeared first on CryptoPotato.
Bitcoin, Altcoins Take Another Beating: Privacy Coins Buck the Trend (Market Watch)
CryptoPotatoNov 04, 2025, 10:27 AM
Bitcoin’s early-November slump continues in full force as the asset plunged below $104,000 to mark a multi-month low (on most exchanges). The altcoins have been battered even more, aside from a few privacy coins, which have registered impressive gains. BTC Dives Below $104K It was a week ago when the primary cryptocurrency tested the $116,000 resistance on a couple of occasions, but to no avail. The rejection following the second attempt was particularly painful as the asset slumped to $112,000 a day later. Then came the US Fed’s decision to lower the interest rates, which is typically regarded as a bullish development for risk-on assets. However, BTC dropped once again, this time to under $110,000. After a brief and unsuccessful recovery attempt, the cryptocurrency initiated another leg down and dipped to $106,000 at the end of the business week. It recovered some ground during the weekend and jumped to $111,000 on Sunday. However, the bears reemerged on Monday and drove bitcoin south to under $106,000. The pain continued in the past 12 hours or so as BTC dumped to just over $103,500 – the lowest level since late June (excluding the flash crash on Binance on October 17 to $101,000). This means that bitcoin’s market cap has plummeted to $2.070 trillion on CG, while its dominance over the alts is up to 58.5%. BTCUSD. Source: TradingView Privacy Coins Defy the Trend As expected, most altcoins have posted even more painful declines than BTC over the past day. APT leads this negative trend with a massive 12% drop, followed by WLFI, TON, ATOM, CRO, KAS, BGB, ASTER, and many others. The larger caps are in no better shape. Ethereum has slumped below $3,500, BNB plunged to $950, and XRP is down to $2.26. ADA, LINK, SOL, HYPE, TRX, DOGE, BCH, and SUI are deep in the red as well. In contrast, DASH has skyrocketed by more than 70%, followed by ICP’s 35% surge, and ZEC’s 23% pump. The total crypto market cap has lost another $150 billion in a day and is down to $3.530 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Bitcoin, Altcoins Take Another Beating: Privacy Coins Buck the Trend (Market Watch) appeared first on CryptoPotato.
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Bitcoin’s early-November slump continues in full force as the asset plunged below $104,000 to mark a multi-month low (on most exchanges). The altcoins have been battered even more, aside from a few privacy coins, which have registered impressive gains. BTC Dives Below $104K It was a week ago when the primary cryptocurrency tested the $116,000 resistance on a couple of occasions, but to no avail. The rejection following the second attempt was particularly painful as the asset slumped to $112,000 a day later. Then came the US Fed’s decision to lower the interest rates, which is typically regarded as a bullish development for risk-on assets. However, BTC dropped once again, this time to under $110,000. After a brief and unsuccessful recovery attempt, the cryptocurrency initiated another leg down and dipped to $106,000 at the end of the business week. It recovered some ground during the weekend and jumped to $111,000 on Sunday. However, the bears reemerged on Monday and drove bitcoin south to under $106,000. The pain continued in the past 12 hours or so as BTC dumped to just over $103,500 – the lowest level since late June (excluding the flash crash on Binance on October 17 to $101,000). This means that bitcoin’s market cap has plummeted to $2.070 trillion on CG, while its dominance over the alts is up to 58.5%. BTCUSD. Source: TradingView Privacy Coins Defy the Trend As expected, most altcoins have posted even more painful declines than BTC over the past day. APT leads this negative trend with a massive 12% drop, followed by WLFI, TON, ATOM, CRO, KAS, BGB, ASTER, and many others. The larger caps are in no better shape. Ethereum has slumped below $3,500, BNB plunged to $950, and XRP is down to $2.26. ADA, LINK, SOL, HYPE, TRX, DOGE, BCH, and SUI are deep in the red as well. In contrast, DASH has skyrocketed by more than 70%, followed by ICP’s 35% surge, and ZEC’s 23% pump. The total crypto market cap has lost another $150 billion in a day and is down to $3.530 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Bitcoin, Altcoins Take Another Beating: Privacy Coins Buck the Trend (Market Watch) appeared first on CryptoPotato.
GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform
CryptoPotatoNov 04, 2025, 07:36 AM
[PRESS RELEASE – Dubai, United Arab Emirates, November 3rd, 2025] GrantiX, the world’s first sustainable, multi-chain impact platform bridging traditional charities with blockchain donors, announced the upcoming launch of its mainnet ecosystem, uniting the $1.57 trillion impact-investing market with the transparency and scalability of Web3. Built on Arbitrum and designed to be blockchain-agnostic, GrantiX enables users to fund and track real-world social impact projects directly on-chain. Its AI-driven ecosystem connects verified social entrepreneurs with crypto investors through an integrated DeFi, SocialFi, and gamified Learn-to-Earn model, turning charitable giving into measurable, revenue-positive impact. “GrantiX is a natural progression for a world ready to take responsibility for its own quality of life,” said Dr. Konstantin Livshits, founder of GrantiX. “Blockchain finally gives us the tools to make philanthropy transparent, efficient, and scalable. GrantiX was born at the intersection of social entrepreneurship and investment, uniting people who create change with those who fund it.” Unlike traditional nonprofits or hype-driven Web3 projects that depend on grants or token speculation, GrantiX sustains itself through DeFi and CeFi integrations, impact staking, and transaction-based donations. The platform supports round-up contributions, decentralized endowments, and tokenization advisory services for social enterprises, bringing sustainable funding to causes worldwide. GrantiX’s technology has already processed more than 15,000 donations totaling $200,000, distributed $50,000 in grants to verified social entrepreneurs, and attracted more than 10,000 users organically without paid marketing. Its MVP is fully developed, with all smart contracts audited by CertiK, ensuring top-tier security ahead of its December mainnet launch. “GrantiX’s success will become the best proof that Web3 and blockchain emerged not in vain,” said Anton Yanushkevich, CEO of GrantiX, an advisor with over 10 years of experience in Web3, and the founder of Cryptemic FZ-LLC. “We are creating a transparent, efficient, and decentralized infrastructure that channels global resources into measurable good, restoring faith in what technology can achieve for humanity.” The platform’s AI Evaluation and Risk Management Layer adds an analytical backbone to its mission by assessing project efficiency, analyzing user behavior to match funding with causes likely to gain traction, and flagging early risks such as fund misallocation or reputational issues. This transparency-first approach ensures that every cent donated through GrantiX is traceable, verifiable, and aligned with impact performance. With over $850,000 in angel funding secured, GrantiX’s ecosystem already includes more than 40 active projects addressing causes from disaster relief and mental health to child welfare, seniors, animals, and environmental sustainability. The next phase includes IDO and IEO presales, CEX listings, and a global marketing rollout backed by more than 50 Web3 partners and ambassadors. Industry analysts view GrantiX as a key bridge between off-chain philanthropy, which exceeded $592 billion in 2024 (Giving USA), and emerging crypto philanthropy, which surpassed $1 billion in donations according to The Giving Block’s 2025 report. By combining transparency, AI analytics, and multi-chain accessibility, GrantiX brings new efficiency to a sector where traditional aid models are under strain amid declining government support. The December launch positions GrantiX to redefine the intersection of blockchain, AI, and impact investing, creating what the team calls an “impact layer for Web3,” a model where doing good becomes part of digital utility itself. About GrantiX GrantiX is a sustainable, multi-chain impact platform connecting donors, social entrepreneurs, and investors on-chain. Through its AI-powered Web3 ecosystem, GrantiX brings transparency and efficiency to global impact investing. Its audited, revenue-positive model combines DeFi, SocialFi, and DAO governance tools to fund and verify real-world charitable projects. Founded by Dr. Konstantin Livshits and Anton Yanushkevich, GrantiX’s mission is to make doing good a scalable, rewarding part of Web3 utility. Join the GrantiX community on social media! Website Telegram X (Twitter) YouTube LinkedIn Discord The post GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform appeared first on CryptoPotato.
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[PRESS RELEASE – Dubai, United Arab Emirates, November 3rd, 2025] GrantiX, the world’s first sustainable, multi-chain impact platform bridging traditional charities with blockchain donors, announced the upcoming launch of its mainnet ecosystem, uniting the $1.57 trillion impact-investing market with the transparency and scalability of Web3. Built on Arbitrum and designed to be blockchain-agnostic, GrantiX enables users to fund and track real-world social impact projects directly on-chain. Its AI-driven ecosystem connects verified social entrepreneurs with crypto investors through an integrated DeFi, SocialFi, and gamified Learn-to-Earn model, turning charitable giving into measurable, revenue-positive impact. “GrantiX is a natural progression for a world ready to take responsibility for its own quality of life,” said Dr. Konstantin Livshits, founder of GrantiX. “Blockchain finally gives us the tools to make philanthropy transparent, efficient, and scalable. GrantiX was born at the intersection of social entrepreneurship and investment, uniting people who create change with those who fund it.” Unlike traditional nonprofits or hype-driven Web3 projects that depend on grants or token speculation, GrantiX sustains itself through DeFi and CeFi integrations, impact staking, and transaction-based donations. The platform supports round-up contributions, decentralized endowments, and tokenization advisory services for social enterprises, bringing sustainable funding to causes worldwide. GrantiX’s technology has already processed more than 15,000 donations totaling $200,000, distributed $50,000 in grants to verified social entrepreneurs, and attracted more than 10,000 users organically without paid marketing. Its MVP is fully developed, with all smart contracts audited by CertiK, ensuring top-tier security ahead of its December mainnet launch. “GrantiX’s success will become the best proof that Web3 and blockchain emerged not in vain,” said Anton Yanushkevich, CEO of GrantiX, an advisor with over 10 years of experience in Web3, and the founder of Cryptemic FZ-LLC. “We are creating a transparent, efficient, and decentralized infrastructure that channels global resources into measurable good, restoring faith in what technology can achieve for humanity.” The platform’s AI Evaluation and Risk Management Layer adds an analytical backbone to its mission by assessing project efficiency, analyzing user behavior to match funding with causes likely to gain traction, and flagging early risks such as fund misallocation or reputational issues. This transparency-first approach ensures that every cent donated through GrantiX is traceable, verifiable, and aligned with impact performance. With over $850,000 in angel funding secured, GrantiX’s ecosystem already includes more than 40 active projects addressing causes from disaster relief and mental health to child welfare, seniors, animals, and environmental sustainability. The next phase includes IDO and IEO presales, CEX listings, and a global marketing rollout backed by more than 50 Web3 partners and ambassadors. Industry analysts view GrantiX as a key bridge between off-chain philanthropy, which exceeded $592 billion in 2024 (Giving USA), and emerging crypto philanthropy, which surpassed $1 billion in donations according to The Giving Block’s 2025 report. By combining transparency, AI analytics, and multi-chain accessibility, GrantiX brings new efficiency to a sector where traditional aid models are under strain amid declining government support. The December launch positions GrantiX to redefine the intersection of blockchain, AI, and impact investing, creating what the team calls an “impact layer for Web3,” a model where doing good becomes part of digital utility itself. About GrantiX GrantiX is a sustainable, multi-chain impact platform connecting donors, social entrepreneurs, and investors on-chain. Through its AI-powered Web3 ecosystem, GrantiX brings transparency and efficiency to global impact investing. Its audited, revenue-positive model combines DeFi, SocialFi, and DAO governance tools to fund and verify real-world charitable projects. Founded by Dr. Konstantin Livshits and Anton Yanushkevich, GrantiX’s mission is to make doing good a scalable, rewarding part of Web3 utility. Join the GrantiX community on social media! Website Telegram X (Twitter) YouTube LinkedIn Discord The post GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform appeared first on CryptoPotato.
Animoca Brands Plans Nasdaq Listing Through Reverse Merger
99bitcoinsNov 04, 2025, 12:14 AM
Animoca Brands, a crypto gaming heavyweight based in Hong Kong, has announced plans to go public in the United States by merging with Currenc Group. The move is structured as a reverse merger, with Currenc set to acquire 100 percent of Animoca’s shares. Once the dust settles, Animoca’s shareholders would hold around 95 percent of the newly formed public company. The deal is targeting a 2026 close, pending approval from both shareholders and regulators. Speed Over Tradition Rather than go through the longer process of a traditional IPO, Animoca is opting for a quicker route to the Nasdaq. This reverse merger gives them a faster track while still unlocking access to U.S. capital markets. Back in 2022, Animoca was valued at roughly $6 billion. Source: Shutterstock Now, the company sees this listing as a way to expand its reach and increase visibility within the growing digital assets space. A Massive Web3 Portfolio Animoca has built a wide presence across crypto gaming, NFTs, and blockchain infrastructure. As of September 30, the firm had 628 active investments across games, sports, digital art, and the metaverse. Its treasury includes holdings in major cryptocurrencies like Bitcoin, Ethereum, and Solana, along with its own token, MOCA. That mix of assets and exposure gives it a unique position in the Web3 ecosystem. DISCOVER: 20+ Next Crypto to Explode in 2025 How the Merger Will Work Currenc plans to issue new shares to Animoca’s investors, which will make Animoca the dominant player in the new entity. While the agreement is still non-binding, it lays the foundation for what could become a major crossover between crypto and public markets. Market Cap 24h 7d 30d 1y All Time Currenc says it will wind down its current operations, including its digital remittance business, as part of the merger. Wall Street Is Paying Attention After the announcement, shares of Currenc jumped, showing that investors are intrigued by what this merger could mean. It fits into a broader 2025 trend where more crypto firms are looking for ways to list publicly, whether through traditional IPOs or alternative deals like this one. The enthusiasm points to a growing appetite for companies that bridge crypto with more familiar financial structures. DISCOVER: Best New Cryptocurrencies to Invest in 2025 What Needs to Happen Next Before anything becomes official, both companies will need to complete detailed merger documentation. They’ll also need approval from regulators and their respective shareholders. If everything stays on track, the merger would close in 2026, putting Animoca on the Nasdaq. All eyes will be on how the company structures, handles Currenc’s obligations, and sets its course as a public firm. A Glimpse Into Crypto’s Public Future This move reflects a larger trend within the industry. Crypto-native firms are increasingly finding ways to plug into traditional markets without giving up their Web3 roots. For Animoca, going public through a reverse merger could offer the reach and stability needed for long-term growth. For the rest of the sector, it might serve as a blueprint for what comes next. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Animoca Brands plans to go public in the U.S. through a reverse merger with Currenc Group, aiming for a 2026 Nasdaq debut. The deal would make Animoca’s shareholders own about 95 percent of the new company, giving it control of the merged entity. By choosing a reverse merger instead of a traditional IPO, Animoca gets a faster route to Wall Street and access to U.S. capital markets. Animoca holds over 628 active Web3 investments across gaming, NFTs, and blockchain infrastructure, plus major crypto assets like Bitcoin, Ethereum, and Solana. This merger could become a model for how major crypto firms enter traditional finance, blending digital innovation with public market access. The post Animoca Brands Plans Nasdaq Listing Through Reverse Merger appeared first on 99Bitcoins.
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Animoca Brands, a crypto gaming heavyweight based in Hong Kong, has announced plans to go public in the United States by merging with Currenc Group. The move is structured as a reverse merger, with Currenc set to acquire 100 percent of Animoca’s shares. Once the dust settles, Animoca’s shareholders would hold around 95 percent of the newly formed public company. The deal is targeting a 2026 close, pending approval from both shareholders and regulators. Speed Over Tradition Rather than go through the longer process of a traditional IPO, Animoca is opting for a quicker route to the Nasdaq. This reverse merger gives them a faster track while still unlocking access to U.S. capital markets. Back in 2022, Animoca was valued at roughly $6 billion. Source: Shutterstock Now, the company sees this listing as a way to expand its reach and increase visibility within the growing digital assets space. A Massive Web3 Portfolio Animoca has built a wide presence across crypto gaming, NFTs, and blockchain infrastructure. As of September 30, the firm had 628 active investments across games, sports, digital art, and the metaverse. Its treasury includes holdings in major cryptocurrencies like Bitcoin, Ethereum, and Solana, along with its own token, MOCA. That mix of assets and exposure gives it a unique position in the Web3 ecosystem. DISCOVER: 20+ Next Crypto to Explode in 2025 How the Merger Will Work Currenc plans to issue new shares to Animoca’s investors, which will make Animoca the dominant player in the new entity. While the agreement is still non-binding, it lays the foundation for what could become a major crossover between crypto and public markets. Market Cap 24h 7d 30d 1y All Time Currenc says it will wind down its current operations, including its digital remittance business, as part of the merger. Wall Street Is Paying Attention After the announcement, shares of Currenc jumped, showing that investors are intrigued by what this merger could mean. It fits into a broader 2025 trend where more crypto firms are looking for ways to list publicly, whether through traditional IPOs or alternative deals like this one. The enthusiasm points to a growing appetite for companies that bridge crypto with more familiar financial structures. DISCOVER: Best New Cryptocurrencies to Invest in 2025 What Needs to Happen Next Before anything becomes official, both companies will need to complete detailed merger documentation. They’ll also need approval from regulators and their respective shareholders. If everything stays on track, the merger would close in 2026, putting Animoca on the Nasdaq. All eyes will be on how the company structures, handles Currenc’s obligations, and sets its course as a public firm. A Glimpse Into Crypto’s Public Future This move reflects a larger trend within the industry. Crypto-native firms are increasingly finding ways to plug into traditional markets without giving up their Web3 roots. For Animoca, going public through a reverse merger could offer the reach and stability needed for long-term growth. For the rest of the sector, it might serve as a blueprint for what comes next. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Animoca Brands plans to go public in the U.S. through a reverse merger with Currenc Group, aiming for a 2026 Nasdaq debut. The deal would make Animoca’s shareholders own about 95 percent of the new company, giving it control of the merged entity. By choosing a reverse merger instead of a traditional IPO, Animoca gets a faster route to Wall Street and access to U.S. capital markets. Animoca holds over 628 active Web3 investments across gaming, NFTs, and blockchain infrastructure, plus major crypto assets like Bitcoin, Ethereum, and Solana. This merger could become a model for how major crypto firms enter traditional finance, blending digital innovation with public market access. The post Animoca Brands Plans Nasdaq Listing Through Reverse Merger appeared first on 99Bitcoins.
GrantiX Launches AI-Powered SocialFi Platform to Bring $1.57 Trillion Impact-Investing Market On-Chain
ZyCryptoNov 03, 2025, 09:03 PM
GrantiX, a pioneering blockchain-based impact platform, is set to launch its mainnet ecosystem this December, aiming to merge the $1.57 trillion global impact-investing sector with the transparency, efficiency, and scalability of Web3. Built on Arbitrum and designed to support multiple blockchains, GrantiX provides a decentralized environment where donors, social entrepreneurs, and investors can directly fund […]
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GrantiX, a pioneering blockchain-based impact platform, is set to launch its mainnet ecosystem this December, aiming to merge the $1.57 trillion global impact-investing sector with the transparency, efficiency, and scalability of Web3. Built on Arbitrum and designed to support multiple blockchains, GrantiX provides a decentralized environment where donors, social entrepreneurs, and investors can directly fund […]
Tea-Fi Set to Launch Its All-in-One SuperApp Aimed at Redefining DeFi, Providing Infinite Yield and Powered by $TEA
ZyCryptoNov 03, 2025, 07:19 PM
Tea-Fi, a DeFi SuperApp that merges the usability of Web2 with the transparency of Web3, is set to storm the DeFi ecosystem following an official press release today. Following its debut, Tea-Fi will provide a unique platform that sets a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one […]
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Tea-Fi, a DeFi SuperApp that merges the usability of Web2 with the transparency of Web3, is set to storm the DeFi ecosystem following an official press release today. Following its debut, Tea-Fi will provide a unique platform that sets a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one […]
Crypto Giant Animoca Brands Eyes Nasdaq Debut via Reverse Merger
DecryptNov 03, 2025, 03:55 PM
Investment firm and crypto game publisher Animoca Brands plans to go public via a reverse merger, the Hong Kong-based firm said Monday.
Balancer Hacked AGAIN, Over $128M Stolen: Will Ethereum Layer-2s Shut Down?
99bitcoinsNov 03, 2025, 01:05 PM
Unfortunately, crypto hacks happen all the time. Every time funds are stolen from a top-tier dApp, it becomes a huge morale dent for users and developers. The Bybit hack garnered negative press but subsided quickly when the exchange assured the community that it would continue processing transactions regardless of the $1.3 billion loss. Today, however, is yet another sad day for Balancer and DeFi. Earlier today, Balancer, one of the OG DeFi protocols, was hit (again), and the results are bad, not for the dapp but for the entire DeFi scene and Ethereum layer-2s. Before today, Balancer managed over $775 million, but the protocol is quickly bleeding. We’re aware of a potential exploit impacting Balancer v2 pools. Our engineering and security teams are investigating with high priority. We’ll share verified updates and next steps as soon as we have more information. — Balancer (@Balancer) November 3, 2025 DISCOVER: Best New Cryptocurrencies to Invest in 2025 Balancer Hack: Over $120M And Rising Lost To understand what’s going on, we must first know what Balancer does. For beginners, Balancer is a decentralized automated market maker (AMM) protocol on Ethereum. From the dapp, developers on other Ethereum-compatible chains can also build programmable liquidity solutions. That you can fork Balancer V2’s code is a bonus. If you don’t have liquidity, you can supply assets and allow users to trade them while earning a yield from any custom liquidity pool straight from Balancer. But here’s the problem: Balancer only relied on a single core contract to manage all vaults. The design was intended to boost gas efficiency, but this became the single largest flaw, now affecting not only Balancer but also all other deployments that relied on its code. Here's everything you need to know about the Balancer Hack: 1. The attack targeted Balancer's V2 vaults and liquidity pools, exploiting a vulnerability in smart contract interactions. Preliminary analysis from on-chain investigators points to a maliciously deployed contract that… pic.twitter.com/udAM4hB0OD — Adi (@AdiFlips) November 3, 2025 The hacker targeted the “manageUserBalance” function, effectively taking over vault withdrawals while bypassing sender validation. So far, over $128 million have been drained from vaults across multiple chains, including Berachain. Update: @Balancer and its forks are under attack, with total losses across multiple chains reaching ~$128.64M so far. https://t.co/67XGX5RcRR pic.twitter.com/FIwx20ALSz — PeckShieldAlert (@PeckShieldAlert) November 3, 2025 The loss will likely grow because after the hacker drained Balancer pools on Ethereum, the layer-1, the next targets were bridged equivalents on layer-2s, that is, wrapped tokens. What this is creating is a “domino effect” where a protocol using Balancer v2 code, especially if it’s a layer-2, has to pause operations until the flaw has been fixed. Balancer v2 (+forks) exploited for over $100M+TLDR: Balancer v2 and it's forks are affected:• ETH → balancer → 70m• Arbitrum → balancer → 6m• Base → balancer → 4m• @SonicLabs → beets → 3.4m• OP → beets → 283k• Polygon → balancer → 117k Exploiter is… pic.twitter.com/yTTtrS5L3S — Blub (@DeFi_Blub) November 3, 2025 DISCOVER: 9+ Best Memecoin to Buy in 2025 Berachain Halts Chain Out of caution, Berachain, which is supposed to mirror the Ethereum mainnet and run 24/7, has been paused. In a post on X, the team said its validators have “coordinated” purposefully to halt the platform as they scramble to perform an emergency hard fork in order to address the Balancer hack. The Berachain validators have coordinated to purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer V2 related exploits on the BEX. This halt has been executed purposefully, and the network will be operational shortly upon… — Berachain Foundation (@berachain) November 3, 2025 They are also aware that some may not be happy, but their primary objective is to protect over $12M of user funds. Beefy, a yield optimizer, has also paused all products linked to Balancer. Balancer V2 Exploit: All Beefy Balancer V2 products are paused. Our team is monitoring the situation closely. We will cooperate to ensure all losses are properly captured, and that Beefy users participate fully in any recovery. Our full support to the @Balancer team. pic.twitter.com/eC2JCkldRz — Beefy (@beefyfinance) November 3, 2025 They also promise to cooperate and ensure that all losses are properly accounted for. The question now is: Will other protocols, most of them being DEXes, follow suit? On Beets DEX, there are over $6.6M in total value locked (TVL), for instance, and this is just one of the over 20 platforms that have forked Balancer V2’s code. (Source: DeFiLlama) DISCOVER: 10+ Next Crypto to 100X In 2025 Balancer Hack Over $128M Lost, Berachain Halts Balancer is an DeFi OG Protocol managed over $700M before hack Over $128M withdrawn after smart contract exploit Berachain validators take caution, pause chain The post Balancer Hacked AGAIN, Over $128M Stolen: Will Ethereum Layer-2s Shut Down? appeared first on 99Bitcoins.
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Unfortunately, crypto hacks happen all the time. Every time funds are stolen from a top-tier dApp, it becomes a huge morale dent for users and developers. The Bybit hack garnered negative press but subsided quickly when the exchange assured the community that it would continue processing transactions regardless of the $1.3 billion loss. Today, however, is yet another sad day for Balancer and DeFi. Earlier today, Balancer, one of the OG DeFi protocols, was hit (again), and the results are bad, not for the dapp but for the entire DeFi scene and Ethereum layer-2s. Before today, Balancer managed over $775 million, but the protocol is quickly bleeding. We’re aware of a potential exploit impacting Balancer v2 pools. Our engineering and security teams are investigating with high priority. We’ll share verified updates and next steps as soon as we have more information. — Balancer (@Balancer) November 3, 2025 DISCOVER: Best New Cryptocurrencies to Invest in 2025 Balancer Hack: Over $120M And Rising Lost To understand what’s going on, we must first know what Balancer does. For beginners, Balancer is a decentralized automated market maker (AMM) protocol on Ethereum. From the dapp, developers on other Ethereum-compatible chains can also build programmable liquidity solutions. That you can fork Balancer V2’s code is a bonus. If you don’t have liquidity, you can supply assets and allow users to trade them while earning a yield from any custom liquidity pool straight from Balancer. But here’s the problem: Balancer only relied on a single core contract to manage all vaults. The design was intended to boost gas efficiency, but this became the single largest flaw, now affecting not only Balancer but also all other deployments that relied on its code. Here's everything you need to know about the Balancer Hack: 1. The attack targeted Balancer's V2 vaults and liquidity pools, exploiting a vulnerability in smart contract interactions. Preliminary analysis from on-chain investigators points to a maliciously deployed contract that… pic.twitter.com/udAM4hB0OD — Adi (@AdiFlips) November 3, 2025 The hacker targeted the “manageUserBalance” function, effectively taking over vault withdrawals while bypassing sender validation. So far, over $128 million have been drained from vaults across multiple chains, including Berachain. Update: @Balancer and its forks are under attack, with total losses across multiple chains reaching ~$128.64M so far. https://t.co/67XGX5RcRR pic.twitter.com/FIwx20ALSz — PeckShieldAlert (@PeckShieldAlert) November 3, 2025 The loss will likely grow because after the hacker drained Balancer pools on Ethereum, the layer-1, the next targets were bridged equivalents on layer-2s, that is, wrapped tokens. What this is creating is a “domino effect” where a protocol using Balancer v2 code, especially if it’s a layer-2, has to pause operations until the flaw has been fixed. Balancer v2 (+forks) exploited for over $100M+TLDR: Balancer v2 and it's forks are affected:• ETH → balancer → 70m• Arbitrum → balancer → 6m• Base → balancer → 4m• @SonicLabs → beets → 3.4m• OP → beets → 283k• Polygon → balancer → 117k Exploiter is… pic.twitter.com/yTTtrS5L3S — Blub (@DeFi_Blub) November 3, 2025 DISCOVER: 9+ Best Memecoin to Buy in 2025 Berachain Halts Chain Out of caution, Berachain, which is supposed to mirror the Ethereum mainnet and run 24/7, has been paused. In a post on X, the team said its validators have “coordinated” purposefully to halt the platform as they scramble to perform an emergency hard fork in order to address the Balancer hack. The Berachain validators have coordinated to purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer V2 related exploits on the BEX. This halt has been executed purposefully, and the network will be operational shortly upon… — Berachain Foundation (@berachain) November 3, 2025 They are also aware that some may not be happy, but their primary objective is to protect over $12M of user funds. Beefy, a yield optimizer, has also paused all products linked to Balancer. Balancer V2 Exploit: All Beefy Balancer V2 products are paused. Our team is monitoring the situation closely. We will cooperate to ensure all losses are properly captured, and that Beefy users participate fully in any recovery. Our full support to the @Balancer team. pic.twitter.com/eC2JCkldRz — Beefy (@beefyfinance) November 3, 2025 They also promise to cooperate and ensure that all losses are properly accounted for. The question now is: Will other protocols, most of them being DEXes, follow suit? On Beets DEX, there are over $6.6M in total value locked (TVL), for instance, and this is just one of the over 20 platforms that have forked Balancer V2’s code. (Source: DeFiLlama) DISCOVER: 10+ Next Crypto to 100X In 2025 Balancer Hack Over $128M Lost, Berachain Halts Balancer is an DeFi OG Protocol managed over $700M before hack Over $128M withdrawn after smart contract exploit Berachain validators take caution, pause chain The post Balancer Hacked AGAIN, Over $128M Stolen: Will Ethereum Layer-2s Shut Down? appeared first on 99Bitcoins.
Ethereum Price Analysis: Lose This Level and $3K ETH Comes Into View
CryptoPotatoNov 03, 2025, 12:07 PM
Ethereum has failed to sustain momentum above the $4,000 mark, and the price action is now breaking down toward key support levels. The broader structure remains corrective, and with both price and sentiment leaning bearish, ETH appears to be entering a more vulnerable stage. Volatility remains low, but downside pressure is gradually building. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH has been rejected from the descending channel’s higher trendline and is now heading toward a key demand zone near $3,400. The asset has also failed to reclaim the 100-day moving average and is now hovering above the 200-day moving average, located around $3,300. The $3,500-$3,300 zone is a critical one that has been defended before, but the RSI at 38.68 and the lower highs on each bounce suggest that bulls are losing control. Unless ETH can bounce decisively from this area, a breakdown below it, the 200-day moving average, and the channel’s lower boundary could lead to the next leg down toward the $3,000 zone in the coming weeks. The 4-Hour Chart The 4H chart paints a clearer bearish picture. The price is on the verge of sweeping up sell-side liquidity just below $3,700. A break below this level could confirm weakness and create a new lower low, pointing to the formation of a clear bearish structure. The RSI is also nearing oversold conditions, but hasn’t yet printed any bullish divergence. After the rejection from the $4,100–$4,200 area and the clear shift in momentum, a drop toward the $3,400-$3,500 demand zone and another test of the lower boundary of the channel is highly probable. A breakdown below this area could lead to more than a 10% decline, dragging the price into the next support block around $3,000, unless a fake breakdown occurs. Sentiment Analysis Coinbase Premium Index Sentiment has started shifting negatively again. The Coinbase Premium Index flipped deeply negative, indicating that US-based buyers are no longer bidding aggressively. Historically, extended periods of negative premiums tend to coincide with distribution phases or deeper pullbacks. Overall, the lack of demand from US markets is usually one of the early signs of a deep correction, and combined with weak technical structure, it keeps the outlook bearish unless fresh catalysts emerge. The post Ethereum Price Analysis: Lose This Level and $3K ETH Comes Into View appeared first on CryptoPotato.
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Ethereum has failed to sustain momentum above the $4,000 mark, and the price action is now breaking down toward key support levels. The broader structure remains corrective, and with both price and sentiment leaning bearish, ETH appears to be entering a more vulnerable stage. Volatility remains low, but downside pressure is gradually building. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH has been rejected from the descending channel’s higher trendline and is now heading toward a key demand zone near $3,400. The asset has also failed to reclaim the 100-day moving average and is now hovering above the 200-day moving average, located around $3,300. The $3,500-$3,300 zone is a critical one that has been defended before, but the RSI at 38.68 and the lower highs on each bounce suggest that bulls are losing control. Unless ETH can bounce decisively from this area, a breakdown below it, the 200-day moving average, and the channel’s lower boundary could lead to the next leg down toward the $3,000 zone in the coming weeks. The 4-Hour Chart The 4H chart paints a clearer bearish picture. The price is on the verge of sweeping up sell-side liquidity just below $3,700. A break below this level could confirm weakness and create a new lower low, pointing to the formation of a clear bearish structure. The RSI is also nearing oversold conditions, but hasn’t yet printed any bullish divergence. After the rejection from the $4,100–$4,200 area and the clear shift in momentum, a drop toward the $3,400-$3,500 demand zone and another test of the lower boundary of the channel is highly probable. A breakdown below this area could lead to more than a 10% decline, dragging the price into the next support block around $3,000, unless a fake breakdown occurs. Sentiment Analysis Coinbase Premium Index Sentiment has started shifting negatively again. The Coinbase Premium Index flipped deeply negative, indicating that US-based buyers are no longer bidding aggressively. Historically, extended periods of negative premiums tend to coincide with distribution phases or deeper pullbacks. Overall, the lack of demand from US markets is usually one of the early signs of a deep correction, and combined with weak technical structure, it keeps the outlook bearish unless fresh catalysts emerge. The post Ethereum Price Analysis: Lose This Level and $3K ETH Comes Into View appeared first on CryptoPotato.
Ripple CEO's XRP Insight Resurfaces as ETF Optimism Soars
U.TodayNov 02, 2025, 11:03 AM
Ripple CEO Brad Garlinghouse's insights on XRP have emerged as the crypto community awaits the potential launch of XRP ETFs in November, with takeoff expectations in place.
AERO Soars 10% as Animoca Market Buys Aerodrome's Native Token
The DefiantOct 29, 2025, 07:31 PM
Animoca Brands, one of Asia's top web3 game development and investment firms, has acquired an undisclosed amount of Base-based decentralized exchange (DEX) Aerodrome’s AERO token. The price of AERO surged over 10% on the news yesterday.In an X thread on Oct. 28, Animoca Brands said it had bought AERO at market prices and “max-locked as veAERO,” a mechanism that allows token holders to lock their AERO for a set period in exchange for voting power and long-term staking rewards.The firm added that the decision reflected Aerodrome’s emergence as a “key component in the engine” driving DeFi growth on Coinbase’s Ethereum Layer 2, Base. Aerodrome is an automated market maker (AMM) on Base, and currently holds the spot as the largest DEX on the network by trading volume, though just marginally beating Uniswap on the daily and weekly timeframes. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Animoca Brands, one of Asia's top web3 game development and investment firms, has acquired an undisclosed amount of Base-based decentralized exchange (DEX) Aerodrome’s AERO token. The price of AERO surged over 10% on the news yesterday.In an X thread on Oct. 28, Animoca Brands said it had bought AERO at market prices and “max-locked as veAERO,” a mechanism that allows token holders to lock their AERO for a set period in exchange for voting power and long-term staking rewards.The firm added that the decision reflected Aerodrome’s emergence as a “key component in the engine” driving DeFi growth on Coinbase’s Ethereum Layer 2, Base. Aerodrome is an automated market maker (AMM) on Base, and currently holds the spot as the largest DEX on the network by trading volume, though just marginally beating Uniswap on the daily and weekly timeframes. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The History of Crypto Prediction Markets: How Polymarket and Kalshi Emerged as Winners in a Crowded Space
The DefiantOct 19, 2025, 02:00 PM
Intercontinental Exchange’s move to invest up to $2 billion into Polymarket and Kalshi’s $300 million financing have turned a once-niche corner of crypto into a mainstream trading category. "The real prize for ICE is not just clearing contracts but monetizing the data, selling odds as sentiment factors alongside rates and credit where every rumor pays a fee," said Michael Ashley Schulman, partner and CIO at Running Point Capital Advisors, told Reuters.But the prediction market boom is the culmination of years of technical experiments, regulatory fights, and product re-thinking, not a passing trend.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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Intercontinental Exchange’s move to invest up to $2 billion into Polymarket and Kalshi’s $300 million financing have turned a once-niche corner of crypto into a mainstream trading category. "The real prize for ICE is not just clearing contracts but monetizing the data, selling odds as sentiment factors alongside rates and credit where every rumor pays a fee," said Michael Ashley Schulman, partner and CIO at Running Point Capital Advisors, told Reuters.But the prediction market boom is the culmination of years of technical experiments, regulatory fights, and product re-thinking, not a passing trend.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bybit Secures UAE’s First Virtual Asset Platform Operator License from Securities and Commodities Authority
TheBitCoinNewsOct 09, 2025, 04:46 PM
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). Bybit becomes the first crypto exchange to obtain this full license from the SCA, marking a historic milestone in the nation’s vision to establish itself as a global digital asset hub. This licensing brings along with the full product capability of Bybit’s existing global products and services into compliance. This symbolic milestone demonstrates Bybit’s assurance to users that it is committed to high standards of quality, product and service arising from rigorous compliance frameworks found not just in UAE but also globally. It also demonstrates Bybit’s long term global strategy of being locally enshrined and its commitment to bringing crypto to local markets. Bybit initially received its In-Principle Approval (IPA) from the SCA in February 2025 with the help of the Blockchain Centre, Abu Dhabi, in navigating SCA’s robust framework. The full license demonstrates the regulator’s trust in Bybit’s robust security infrastructure, operational transparency, and rigorous compliance standards. This achievement follows a series of regulatory milestones for Bybit in 2025 — including securing its MiCAR license in May and resuming full trading operations in India in September — as the exchange continues to expand its presence under a compliance-first roadmap across key global jurisdictions. Ben Zhou, Co-founder and CEO of Bybit, said: “Receiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit’s unwavering commitment to building trust through compliance and transparency. The UAE has emerged as a global leader in digital asset regulation, and this recognition underscores the strength of our security and governance standards. At Bybit, we see regulation as the foundation for sustainable growth. This milestone marks another step forward in our global regulatory roadmap — from MiCAR in Europe to India and now the UAE — as we continue to set new benchmarks for a secure and responsible digital asset ecosystem.” Helen Liu, Co-CEO of Bybit, added: “We sincerely thank the Securities and Commodities Authority for their trust and support throughout the licensing process. The SCA’s clear, robust, and well-structured regulatory framework provides a strong foundation for global exchanges like Bybit to operate with confidence and clarity. This achievement would not have been possible without the SCA’s forward-thinking approach to fostering innovation and compliance in the digital asset space. We look forward to deepening our collaboration as we bring more resources, products, and expertise to the UAE market.” Bybit’s Upcoming Plan in UAE Under the SCA’s Virtual Asset Platform Operator License, Bybit will offer regulated virtual asset trading, brokerage, custody, and fiat conversion services to both retail and institutional clients across the UAE. The exchange plans to expand its local footprint by establishing a larger regional operations center in Abu Dhabi with over 500 employees across Abu Dhabi and Dubai, accelerating local hiring across compliance, operations, and customer service, and introducing new education and Web3 innovation programs in collaboration with local partners. Bybit’s continued investment in talent, technology, and infrastructure reaffirms its long-term commitment to supporting the UAE’s ambition to become a global hub for digital assets and financial innovation. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced that it has officially secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE). Bybit becomes the first crypto exchange to obtain this full license from the SCA, marking a historic milestone in the nation’s vision to establish itself as a global digital asset hub. This licensing brings along with the full product capability of Bybit’s existing global products and services into compliance. This symbolic milestone demonstrates Bybit’s assurance to users that it is committed to high standards of quality, product and service arising from rigorous compliance frameworks found not just in UAE but also globally. It also demonstrates Bybit’s long term global strategy of being locally enshrined and its commitment to bringing crypto to local markets. Bybit initially received its In-Principle Approval (IPA) from the SCA in February 2025 with the help of the Blockchain Centre, Abu Dhabi, in navigating SCA’s robust framework. The full license demonstrates the regulator’s trust in Bybit’s robust security infrastructure, operational transparency, and rigorous compliance standards. This achievement follows a series of regulatory milestones for Bybit in 2025 — including securing its MiCAR license in May and resuming full trading operations in India in September — as the exchange continues to expand its presence under a compliance-first roadmap across key global jurisdictions. Ben Zhou, Co-founder and CEO of Bybit, said: “Receiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit’s unwavering commitment to building trust through compliance and transparency. The UAE has emerged as a global leader in digital asset regulation, and this recognition underscores the strength of our security and governance standards. At Bybit, we see regulation as the foundation for sustainable growth. This milestone marks another step forward in our global regulatory roadmap — from MiCAR in Europe to India and now the UAE — as we continue to set new benchmarks for a secure and responsible digital asset ecosystem.” Helen Liu, Co-CEO of Bybit, added: “We sincerely thank the Securities and Commodities Authority for their trust and support throughout the licensing process. The SCA’s clear, robust, and well-structured regulatory framework provides a strong foundation for global exchanges like Bybit to operate with confidence and clarity. This achievement would not have been possible without the SCA’s forward-thinking approach to fostering innovation and compliance in the digital asset space. We look forward to deepening our collaboration as we bring more resources, products, and expertise to the UAE market.” Bybit’s Upcoming Plan in UAE Under the SCA’s Virtual Asset Platform Operator License, Bybit will offer regulated virtual asset trading, brokerage, custody, and fiat conversion services to both retail and institutional clients across the UAE. The exchange plans to expand its local footprint by establishing a larger regional operations center in Abu Dhabi with over 500 employees across Abu Dhabi and Dubai, accelerating local hiring across compliance, operations, and customer service, and introducing new education and Web3 innovation programs in collaboration with local partners. Bybit’s continued investment in talent, technology, and infrastructure reaffirms its long-term commitment to supporting the UAE’s ambition to become a global hub for digital assets and financial innovation. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series
TheBitCoinNewsOct 07, 2025, 01:13 PM
Reinforces “Power of Eight” Initiative, targeting 800M Worldcoin (WLD) tokens and verify 8B humans Currently over 17 million verified World humans, with goal of verifying 100 million in the next twelve months World is the single sign-on and Proof-of-Human verification for the AI era The Company is supported by a select group of strategic and institutional investors including: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kraken, Pantera, GSR, Brevan Howard and more EASTON, Pa., Oct. 7, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) today announced the launch of its “Chairman’s Message” video series and corporate presentation. This Chairman’s message is expected to be produced monthly. The company closed on its $270 million PIPE (private investment into a public equity) financing on September 9th. It was recently announced that the World network has surpassed 17 million verified humans. “We’ve seen tremendous interest and enthusiasm around Worldcoin and our treasury since launching ORBS,” said Dan Ives, Chairman of Eightco Holdings Inc. ($ORBS). “The ‘Chairman’s Message’ shares my perspective on why WLD is leading the charge into our AI-driven future. We see substantial value creation ahead, with a target of acquiring 800 million WLD tokens and a projected value of $10 per token, representing an $8 billion potential valuation for ORBS.” As part of his mission to raise global awareness for $ORBS and Worldcoin, Chairman Ives will embark on the ORBS World Tour, visiting several of the cities where World stores are located, including: October 7: San Francisco October 18-21: Bangkok October 22-23: Kuala Lumpur October 24-25: Singapore October 27-28: Seoul October 29-30: Tokyo December 8-10: London “As AI-generated content continues to surge, the need for Proof of Human will only grow. We believe World ID will emerge as the universal single sign-on of the future, integrating across governments, enterprises, fintech, dating, gaming, and beyond,” added Ives. Both the “Chairman’s Message” and corporate presentation are available on the website: www.8co.holdings/chairmans-message ABOUT EIGHTCO HOLDINGS INC. Eightco Holdings Inc. (NASDAQ: ORBS) is delivering a first-of-its-kind Worldcoin (WLD) treasury strategy. With this digital asset treasury (DAT), Eightco is advancing the AI revolution, implementing a technology infrastructure layer that is integral to the future of authentication, verification and Proof of Human (PoH). World is the single sign-on and Proof-of-Human verification for the AI era. In an increasingly agentic world, Eightco aims to achieve a universal foundation for digital identity. For additional details, follow on X: https://x.com/iamhuman_orbs https://x.com/divestech Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; Eightco’s inability to innovate and attract users for Eightco’s products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 15, 2025. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.
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Reinforces “Power of Eight” Initiative, targeting 800M Worldcoin (WLD) tokens and verify 8B humans Currently over 17 million verified World humans, with goal of verifying 100 million in the next twelve months World is the single sign-on and Proof-of-Human verification for the AI era The Company is supported by a select group of strategic and institutional investors including: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kraken, Pantera, GSR, Brevan Howard and more EASTON, Pa., Oct. 7, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) today announced the launch of its “Chairman’s Message” video series and corporate presentation. This Chairman’s message is expected to be produced monthly. The company closed on its $270 million PIPE (private investment into a public equity) financing on September 9th. It was recently announced that the World network has surpassed 17 million verified humans. “We’ve seen tremendous interest and enthusiasm around Worldcoin and our treasury since launching ORBS,” said Dan Ives, Chairman of Eightco Holdings Inc. ($ORBS). “The ‘Chairman’s Message’ shares my perspective on why WLD is leading the charge into our AI-driven future. We see substantial value creation ahead, with a target of acquiring 800 million WLD tokens and a projected value of $10 per token, representing an $8 billion potential valuation for ORBS.” As part of his mission to raise global awareness for $ORBS and Worldcoin, Chairman Ives will embark on the ORBS World Tour, visiting several of the cities where World stores are located, including: October 7: San Francisco October 18-21: Bangkok October 22-23: Kuala Lumpur October 24-25: Singapore October 27-28: Seoul October 29-30: Tokyo December 8-10: London “As AI-generated content continues to surge, the need for Proof of Human will only grow. We believe World ID will emerge as the universal single sign-on of the future, integrating across governments, enterprises, fintech, dating, gaming, and beyond,” added Ives. Both the “Chairman’s Message” and corporate presentation are available on the website: www.8co.holdings/chairmans-message ABOUT EIGHTCO HOLDINGS INC. Eightco Holdings Inc. (NASDAQ: ORBS) is delivering a first-of-its-kind Worldcoin (WLD) treasury strategy. With this digital asset treasury (DAT), Eightco is advancing the AI revolution, implementing a technology infrastructure layer that is integral to the future of authentication, verification and Proof of Human (PoH). World is the single sign-on and Proof-of-Human verification for the AI era. In an increasingly agentic world, Eightco aims to achieve a universal foundation for digital identity. For additional details, follow on X: https://x.com/iamhuman_orbs https://x.com/divestech Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements of historical fact could be deemed forward looking. Words such as “plans,” “expects,” “will,” “anticipates,” “continue,” “expand,” “advance,” “develop” “believes,” “guidance,” “target,” “may,” “remain,” “project,” “outlook,” “intend,” “estimate,” “could,” “should,” and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on management’s current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: Eightco’s ability to maintain compliance with the Nasdaq’s continued listing requirements; unexpected costs, charges or expenses that reduce Eightco’s capital resources; Eightco’s inability to raise adequate capital to fund its business; Eightco’s inability to innovate and attract users for Eightco’s products; future legislation and rulemaking negatively impacting digital assets; and shifting public and governmental positions on digital asset mining activity. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Eightco’s actual results to differ from those contained in forward-looking statements, see Eightco’s filings with the Securities and Exchange Commission (the “SEC”), including in its Annual Report on Form 10-K filed with the SEC on April 15, 2025. All information in this press release is as of the date of the release, and Eightco undertakes no duty to update this information or to publicly announce the results of any revisions to any of such statements to reflect future events or developments, except as required by law.