alltrending-24htrending-weektrending-monthtrending-year

Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Canadas 2025 Budget: C$10M for Stablecoin Regulation

|
Canada’s 2025 federal budget allocates C$10 million to establish national stablecoin regulation. From 2026–27, the Bank of Canada will implement Canada stablecoin regulation by overseeing issuers that must maintain reserves, clear redemption policies, risk-management systems and data protection. After initial funding, annual C$5 million operating costs will be covered by issuer fees. Concurrent amendments to the Retail Payments Act extend oversight to payment providers using stablecoin rails. The framework aligns Canada stablecoin regulation with the US GENIUS Act and EU MiCA, covering a US$305.9 billion market forecast to attract US$1 trillion by 2028. In the wake of a record C$126 million fine against Cryptomus, these measures aim to boost transparency, market stability and liquidity. Crypto traders can expect clearer compliance rules and improved confidence in trading, potentially driving long-term volume growth.
Bullish
Stablecoin RegulationCanada BudgetBank of CanadaCrypto ComplianceMarket Liquidity

Nine XRP Spot ETFs on DTCC; First ’33 Act ETF Launches Soon

|
Nine XRP spot ETF applications have been listed on the DTCC platform, a record high ahead of official approvals. Issuers include Franklin Templeton, Bitwise, 21Shares, Canary Capital, CoinShares, Volatility Shares and Amplify. Canary Capital’s amended 8-A filing has secured Nasdaq approval, positioning it as the first ’33 Act spot XRP ETF to launch imminently. Bitwise and Grayscale also updated their S-1 filings, signalling their own ETF debuts. With the U.S. government shutdown over, the SEC has resumed full ETF reviews, clearing a backlog of seven pending XRP spot ETF approvals. XRP price jumped over 12% on November 10 amid ETF optimism and government funding news. Analysts forecast up to $5 billion of inflows in the first month, mirroring the success of bitcoin spot funds. Enhanced regulated access to XRP via these ETFs could boost liquidity, institutional adoption and price momentum.
Bullish
XRP Spot ETFDTCCSEC ApprovalETF LaunchMarket Liquidity

Japan’s FSA Approves JPY Stablecoin Pilot with Major Banks

|
Japan’s Financial Services Agency has greenlighted a JPY stablecoin pilot under its Payment Innovation Project. Major banks—Mizuho, MUFG, SMBC—and Mitsubishi Corporation’s finance arm will issue the coin via MUFG’s Progmat platform starting this month. The trial aims to modernize corporate settlements, lower transaction costs and boost productivity for over 300,000 clients. The FSA will publish results after completion. The announcement comes as Tokyo fintech JPYC launched the country’s first fully convertible JPY stablecoin, backed by seven adopters. Meanwhile, Bybit has halted new Japanese registrations, and regulators are refining crypto rules: the FSA plans to let banks hold BTC, and the Securities and Exchange Surveillance Commission will tighten insider-trading penalties. The JPY stablecoin pilot signals Japan’s push for compliant blockchain payments and sets a precedent for future crypto regulation.
Bullish
JPY stablecoinJapanese banksBlockchain paymentsCrypto regulationFSA pilot

Bitwise to Launch Spot DOGE ETF After SEC S-1 Update

|
Bitwise Asset Management has updated its S-1 filing to remove a Section 8(a) delaying amendment, triggering a 20-day countdown to automatic effectiveness. If the SEC takes no action, the new spot Dogecoin ETF could launch on November 26, 2025. The fund will hold physical DOGE, vaulted by Coinbase Custody Trust, with BNY Mellon handling cash. It plans to list on NYSE Arca under ticker “DOGE” and track the CF Dogecoin-Dollar Settlement Price, charging a 0.45 percent expense ratio. Approval would mark the first major regulated spot Dogecoin ETF and reflect growing institutional demand for altcoin products. Traders should monitor SEC developments, fund inflows and market sentiment, as approval could spark short-term volatility and support longer-term adoption of Dogecoin ETFs, despite liquidity and price-risk considerations.
Bullish
Spot Dogecoin ETFBitwise Asset ManagementSEC FilingNYSE Arca ListingInstitutional Demand

Coinbase Europe €21.5M AML Fine Prompts Compliance Revamp

|
Coinbase Europe Limited has agreed to a €21.46 million settlement with the Central Bank of Ireland—the regulator’s largest crypto fine—to resolve failures in its AML compliance between April 2021 and March 2025. Coding errors in its transaction monitoring delayed review of over 30 million transactions worth €176 billion. The breach led to 2,708 late suspicious transaction reports covering money laundering, fraud, drug trafficking, cybercrime and child exploitation. Under an Undisputed Facts Settlement, the penalty was cut by 30% from €30.7 million and now awaits High Court approval. Deputy Governor Colm Kincaid warned that weak AML compliance opens doors to financial crime. Coinbase Europe will revamp its AML infrastructure with real-time monitoring, advanced algorithms and regular technical audits. Analysts expect the move to accelerate adoption of AI-driven compliance solutions across Europe, influence exchange operations and bolster market trust.
Neutral
AML complianceRegulatory penaltyCoinbase EuropeTransaction monitoringAI-driven compliance

Mastercard, Ripple & Gemini Pilot RLUSD Settlements on XRPL

|
Mastercard, Ripple, WebBank and Gemini have partnered to pilot RLUSD stablecoin settlements on the XRP Ledger (XRPL). Pending regulatory approval, the trial will route Mastercard–WebBank payments through RLUSD, integrating Ripple’s regulated, dollar-backed stablecoin into everyday card transactions. Ripple highlights XRPL’s low costs and rapid finality and notes that daily transactions on XRPL rose 8.9% to 1.8 million in Q3 2025. Since launching in December on Ethereum and XRPL, RLUSD’s market cap has doubled to over $1 billion. As one of the first U.S. banking integrations with a public blockchain, this pilot may boost demand for XRP and pave the way for mainstream stablecoin settlements.
Bullish
RLUSDXRPLstablecoin settlementsMastercardGemini

Brazil Crypto Regulation: 2026 VASP Licensing, AML, FX Rules

|
Brazil crypto regulation takes effect on February 2, 2026, after the Central Bank approved Resolutions 519, 520 and 521. These rules require all virtual-asset service providers (VASPs) to register under the new Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAV) framework. Licensed VASPs face strict anti-money laundering, counter-terrorism financing and customer-protection standards. Resolution 521 treats stablecoin transfers as foreign-exchange transactions. It caps unauthorized cross-border trades at $100,000 and mandates reporting of all cross-border crypto dealings from May 4, 2026. A parallel bill proposes paying up to 50% of wages in cryptocurrency. The new framework follows a July 2025 cyberattack and aims to boost market transparency and integrity. Brazil crypto regulation offers clear guidance for firms and traders.
Neutral
Brazil crypto regulationVASP licensingAML complianceStablecoin FX rulesMarket transparency

CFTC to Greenlight Leveraged Spot Crypto Trading Next Month

|
CFTC Acting Chair Caroline Pham has confirmed that the agency will greenlight leveraged spot crypto trading in the US as early as next month. The CFTC is in talks with regulated exchanges—including CME, Cboe Futures Exchange, Coinbase Derivatives, Kalshi and Polymarket US—to launch leveraged spot crypto trading products. Under the Commodity Exchange Act, these leveraged transactions must result in actual delivery of crypto within 28 days, limiting open positions. The move builds on an August proposal on retail commodity trading with leverage, margin and financing. The CFTC plans to issue formal guidance on these products soon, using existing powers rather than waiting for new legislation. This step aims to bring institutional oversight, risk management and investor protections to onshore spot crypto markets that have largely operated offshore. Despite the ongoing US government shutdown, Senate leaders are close to a funding deal that could restore regulatory momentum. Traders should monitor forthcoming CFTC rules and the 28-day delivery limit, which may affect leverage strategies and market liquidity.
Bullish
CFTCLeveraged Spot Crypto TradingCrypto RegulationCommodity Exchange Act28-Day Delivery Limit

Ripple Funding: $500M Raise at $40B Valuation and Expansion

|
Ripple funding continues to gain momentum as the crypto payments firm closed a $500 million funding round at a $40 billion valuation. The latest raise was led by Citadel Securities and Fortress Investment Group, with participation from Pantera Capital, Galaxy Digital, Brevan Howard and others. This injection of capital underscores rising institutional investment in crypto infrastructure. Since 2012, Ripple has secured nearly $800 million in venture funding. In its strongest year to date, the company expanded beyond payments into stablecoins, crypto custody, prime brokerage and corporate treasury. Ripple also completed six acquisitions in just over two years, notably the $1.25 billion purchase of Hidden Road and earlier deals for Rail and GTreasury. Regulatory clarity improved in March when the SEC dropped its securities lawsuit against Ripple, removing a major overhang. For traders, the boost in institutional confidence and Ripple’s growth strategy built on XRP and stablecoins could drive higher liquidity and trading volumes in XRP markets.
Bullish
Ripple fundingInstitutional investmentCrypto infrastructureXRPStablecoins

JPMorgan Raises Bitcoin ETF Holdings 64% via Options Bet

|
JPMorgan Chase boosted its Bitcoin ETF holdings by 64% in the third quarter, adding 5.28 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth $343 million. The bank also purchased $68 million in call options and $133 million in put options to manage risks and capitalize on price swings. This move highlights growing institutional investment in Bitcoin ETFs despite recent market volatility and IBIT outflows. JPMorgan analysts cite reduced crypto leverage and rising gold volatility as drivers behind this shift. They forecast Bitcoin could reach $170,000 within 6–12 months. Bitcoin trades near $102,900. The expanded ETF stake and bullish price outlook signal renewed institutional confidence in regulated Bitcoin ETFs.
Bullish
Bitcoin ETFJPMorgan ChaseInstitutional InvestmentOptions StrategyPrice Forecast

Kazakhstan’s $1B Crypto Reserve Fund to Launch by 2026

|
Kazakhstan plans to establish a national crypto reserve fund valued at $500M to $1B by early 2026. The crypto reserve fund will be funded by seized, repatriated and mining-related digital assets. It will invest in crypto ETFs and shares of blockchain companies rather than holding tokens directly. Officials say the fund will strengthen economic sovereignty and formalise the digital asset framework. They plan to channel assets from gold and FX reserves, alongside confiscated crypto, into this state-run digital asset fund. The government is also exploring licensed crypto banks, a national exchange and energy deals with state miners in exchange for virtual currencies. Regulators have closed 130 illicit platforms this year, seizing $16.7M in crypto. Bitcoin (BTC) remains near $100K, down 9% over the past week.
Bullish
Kazakhstancrypto reserve fundseized assetscrypto ETFscrypto regulation

Spain’s ITER to Liquidate 97 Bitcoin via Regulated Sale

|
Spain’s Institute of Technology and Renewable Energies (ITER) in Tenerife plans to liquidate 97 Bitcoin purchased in 2012 for about €10,000. With Bitcoin trading above $100,000, the holdings are valued at over $10 million. After previous sale attempts stalled over compliance and regulatory hurdles, ITER has engaged a Bank of Spain- and CNMV-regulated firm to conduct a transparent institutional sale. The transaction will follow detailed compliance procedures and official channels rather than retail exchanges. Proceeds will fund ITER’s future research in quantum technology, renewable energy and genomics. This move highlights growing institutional interest in cryptocurrency and underscores the importance of regulatory clarity for large-scale Bitcoin transactions.
Neutral
Bitcoin LiquidationRegulated SaleInstitutional CryptoCryptocurrency RegulationResearch Funding

FT Launches Hong Kong’s First Tokenized US Treasury Fund

|
Franklin Templeton has launched Hong Kong’s first tokenized US Treasury fund, the Franklin OnChain US Government Money Fund, under the HKMA’s Fintech 2030 strategy and Project Ensemble sandbox. Registered in Luxembourg, it issues digital shares on a blockchain for short-term US Treasuries, enabling near-instant settlement, 24/7 trading, improved liquidity and lower fees. HSBC and OSL Group participated in settlement tests, demonstrating seamless integration with traditional banking infrastructure. This tokenized US Treasury fund aligns with HKMA’s broader plans to create a tokenized deposit settlement framework, potentially incorporating CBDCs. The SFC has revised rules to support digital asset distribution and tokenized securities. Future phases of Project Ensemble will expand to corporate bonds, trade finance and cross-border investments, targeting settlement times in seconds, robust stress-testing and enhanced cybersecurity, alongside investor education programs. Global consulting firms forecast real-world asset (RWA) tokenization growing from US$36 billion today to US$190 trillion by 2033, underscoring the transformative potential of tokenized US Treasury fund products for institutional investors and market infrastructure. Franklin Templeton’s pioneering vehicle marks a landmark step in Hong Kong’s digital finance and could serve as a template for future tokenized money market funds.
Bullish
TokenizationReal-World AssetsDigital FinanceHong Kong MarketUS Treasury

Franklin Templeton Fast-Tracks Spot XRP ETF for November

|
Franklin Templeton has revised its S-1 filing for a spot XRP ETF by shortening the Section 8(a) clause to trigger automatic SEC effectiveness after a 20-day review. This fast-track approach is also used by Bitwise and Canary Funds. It bypasses potential SEC amendments and leverages reduced regulator activity during the recent government shutdown. Upon securing Form 8-A effectiveness and exchange approval, the spot XRP ETF could list as early as mid-November. It may debut on November 13, pending Nasdaq clearance. Bloomberg analyst James Seyffart and ETF expert Nate Geraci note that auto-effective S-1 amendments could shave weeks off traditional review times. Market analysts forecast up to five spot XRP ETF listings by mid-November 2025, with over $10bn in inflows. Traders should monitor SEC filings for updates. They must prepare for increased XRP ETF liquidity and volatility at launch.
Bullish
Spot XRP ETFSEC filingS-1 amendmentAuto-effective mechanismETF launch

Gemini Seeks CFTC Approval for Prediction Market Contracts

|
Gemini has filed with the U.S. Commodity Futures Trading Commission to become a designated contract market and launch regulated prediction market contracts. The new event-driven derivatives will cover sports, elections and economic outcomes. Gemini aims to tap a sector that posted record volumes and follows its $425 million IPO while addressing rising net losses. As soon as CFTC approval arrives—typically within months—Gemini will compete with Polymarket, Kalshi, CME Group and Coinbase. The move diversifies Gemini’s product line and expands revenue streams beyond traditional spot and crypto derivatives trading. Traders should watch for regulatory updates. Approval would open fresh markets on the Gemini platform. This could boost trading activity once the prediction market contracts go live.
Neutral
GeminiCFTCPrediction MarketsDerivativesMarket Expansion

Propanc Biopharma Raises $100M Crypto Treasury for PRP Trials

|
Propanc Biopharma has agreed with Hexstone Capital to establish a crypto treasury of up to $100 million. The private placement, structured as convertible preferred stock, begins with a $1 million initial investment and allows for a further $99 million over 12 months. The move diversifies Propanc’s balance sheet and funds its proenzyme-based PRP cancer therapy, which targets metastatic solid tumors and is slated for Phase I trials in H2 2026. Though Propanc has not disclosed exact crypto allocations, market observers expect Bitcoin (BTC), Ether (ETH) and Solana (SOL) to feature prominently, aligning with Hexstone’s portfolio. The creation of a digital asset treasury underscores a growing trend of biotech companies tapping crypto markets for financing. This strategy, however, introduces volatility, regulatory and custody challenges. Propanc’s Nasdaq-listed shares fell 12% on the news, reflecting investor caution over corporate crypto treasuries. Traders should watch Propanc’s detailed crypto allocation policy and PRP trial milestones. These factors could act as catalysts for both the biotech and digital asset markets, influencing crypto treasury demand and token prices.
Neutral
crypto treasuryBiotech FundingPropanc BiopharmaCancer TherapyHexstone Capital

Solana Spot ETF Hits $598M AUM with 10-Day Net Inflows

|
Since its launch two weeks ago, the Solana spot ETF has recorded net inflows for ten consecutive trading days, attracting a total of $598 million in assets under management (AUM). According to SoSoValue data, the Solana spot ETF saw $6.78 million in net inflows on the latest trading day. Bitwise’s BSOL led with $5.92 million, bringing its cumulative inflow to $330 million, while Grayscale’s GSOL added $850,000, lifting its total to $12.8 million. Solana’s weight in the ETFs stands at 0.64%. Meanwhile, SOL trades around $165, down about 1% in 24 hours, with a market cap of $91.3 billion and daily volume of $5.7 billion. On-chain metrics remain robust, with a seven-day moving average of daily active addresses staying elevated, indicating resilient network activity that supports positive trading sentiment.
Bullish
Solana Spot ETFNet InflowsAssets Under ManagementSOL PriceOn-Chain Activity

Mutuum Finance Phase 6 Presale Nears Sellout at $0.035

|
The Mutuum Finance presale began in early 2025 at $0.01. It has raised $18.55 million and gained 17,850 holders. In Phase 6, MUTM is priced at $0.035 and 85% sold. Supply limits drive demand. The DeFi protocol uses a hybrid P2C and P2P lending model and features daily contributor rewards and fixed allocations for an interactive funding experience. Security measures include a CertiK audit and a $50,000 bug bounty. A V1 launch on Sepolia testnet is set for Q4 2025, with mainnet deployment in 2026. Future plans feature a USD-pegged stablecoin and Layer-2 expansion. Phase 6 pricing offers a 14% immediate gain, with long-term returns modeled up to 8,471%. Traders should follow the Mutuum Finance presale as key milestones and community growth could boost token demand and liquidity.
Bullish
Mutuum FinancePresaleDeFiStablecoinLayer-2

Bitcoin Price Surges Past $106K on Institutional Demand

|
Bitcoin price extended its rally, surging past $106,000 on USDT trading pairs as institutional investors ramped up allocations amid favorable macro conditions and regulatory clarity. USDT trading volume doubled compared to prior peaks, underscoring sustained buying pressure. Each breached resistance near $106K has quickly turned into a new support zone, reinforcing Bitcoin’s store-of-value narrative. Analysts cite network upgrades, improved market infrastructure, and global economic uncertainty as key catalysts. Traders should watch for possible short-term pullbacks and target next resistance levels at $110,000 and $120,000. Employing risk management strategies—such as dollar-cost averaging and incremental profit-taking—will be crucial in this volatile environment.
Bullish
Bitcoin priceInstitutional adoptionUSDT trading volumeMarket analysisRisk management

Zcash Surges 200% Pre-Halving, Market Cap at $13.4B

|
Zcash has climbed above $600 for the first time since 2018, surging 20% in 24 hours and 200% over the past 30 days ahead of its upcoming halving event. Trading volume topped $2.3 billion on Binance, Hyperliquid and Bybit, reflecting a 1,200% year-over-year increase, while futures open interest rose to $1.08 billion. The rally is driven by renewed interest in privacy coins, technical upgrades (zk-SNARKs, the Zashi wallet and enhanced shielded transactions) and endorsements from figures like Arthur Hayes, who set a $10,000 target. Zcash’s market cap now stands at $13.4 billion. However, the Relative Strength Index indicates overbought conditions, suggesting a potential correction. Traders should monitor regulatory developments and liquidity metrics to manage risk while capitalizing on bullish momentum.
Bullish
ZcashPrivacy CoinsHalving EventMarket CapFutures Open Interest

Ledger IPO Plan Gathers Pace Amid $2.2B Crypto Theft Surge

|
Ledger, the Paris-based hardware wallet provider, is planning a US IPO in 2026 alongside a potential private funding round. This Ledger IPO push follows a record $2.2 billion in crypto thefts during H1 2025, fueling demand for Bitcoin security. Ledger protects $100 billion in BTC and expects a sales boost over the holiday season. The firm is expanding its New York team to tap institutional capital and crypto infrastructure. An internal debate over new multisignature fees highlights the balance between decentralization ideals and institutional-grade services. The planned Ledger IPO and possible private fundraising mark a strategic shift to leverage market momentum and bolster secure storage amid a surge in crypto theft.
Bullish
Ledger IPOcrypto theft surgehardware walletsBitcoin securityinstitutional fundraising

Kiyosaki Forecasts Market Crash, Sets $250K Bitcoin Target

|
Rich Dad Poor Dad author Robert Kiyosaki warns of an impending financial crash and is increasing his hedges in precious metals and cryptocurrencies. He plans to buy gold and silver, aiming for $27,000 per ounce and $100 per ounce respectively by 2026, citing Jim Rickards along with Gresham’s and Metcalfe’s laws. In crypto, Kiyosaki holds positions in Bitcoin and Ethereum, setting ambitious targets of $250,000 for Bitcoin and $60,000 for Ethereum. On-chain data shows Bitcoin’s Market Value to Realised Value (MVRV) ratio at 1.8—historically a trigger for rebounds—while Fundstrat’s Tom Lee highlights Ethereum’s expanding role in stablecoins and global finance. However, persistent selling by whales and long-term holders is prolonging market consolidation, reminiscent of the post-dot-com era, and could extend subdued price action for another year.
Bullish
Market CrashBitcoin Price TargetEthereum OutlookGold and Silver HedgesMarket Consolidation

Robinhood Q3 Revenue Doubles on 300% Crypto Surge

|
Robinhood Q3 revenue doubled to $1.27 billion as crypto trading income surged over 300% to $270 million. Net profit rose 271% to $556 million, slightly below estimates. Trading revenue accounted for 57% of total, with stock trading up 132% and options up 50%. Crypto gains were driven by the Bitstamp acquisition and a Kalshi partnership that doubled contract volumes to 2.3 billion. The platform added 2.5 million funded accounts, reaching 26.8 million users, and holds $4.3 billion in cash. Shares initially climbed then slipped on profit-peak concerns. Robinhood Q3 revenue diversification plans include banking services, tokenized stocks, DeFi interoperability, prediction markets and international expansion.
Bullish
RobinhoodQ3 EarningsCrypto TradingBitstampKalshi

Google Finance Adds Kalshi & Polymarket Prediction Data

|
Google Finance now integrates real-time prediction market data from Kalshi and Polymarket into its AI-powered platform and search results. The new Deep Search feature, powered by Google’s Gemini AI models, lets users query event odds, view market probabilities, historical trends, sentiment shifts and point-in-time forecasts. Deep Search runs hundreds of simultaneous searches, providing fully cited responses and research plans. The feature launches in Labs with higher limits for AI Pro and Ultra subscribers and rolls out globally—starting in India—in the coming weeks. By combining regulated exchange data from Kalshi with decentralized forecasts from Polymarket, Google Finance offers crypto traders professional-grade market sentiment tools. Weekly turnover in prediction markets topped $2 billion in October. With Polymarket re-entering US markets and Gemini planning its own contracts, this integration could cement prediction market data as a mainstream metric alongside stocks and bonds, enhancing price discovery and data-driven trading strategies.
Bullish
Google FinancePrediction MarketsKalshiPolymarketCrypto Trading

Miami Mayor’s Bitcoin Salary Up 300%, Pushes Blockchain

|
Miami Mayor Francis Suarez’s decision to take his $97,000 annual pay in Bitcoin has yielded a 300% gain since 2021 amid Bitcoin’s rally. By adopting a Bitcoin salary model, Suarez underscored his confidence in cryptocurrencies as a macroeconomic hedge with “hardcoded monetary properties,” dismissing concerns over daily price swings. The move highlights the growing acceptance of Bitcoin salary schemes in public sector pay. Under Suarez’s leadership, Miami unveiled multiple blockchain initiatives — from smart-city projects to crypto-friendly payments — integrating digital assets into municipal governance. These developments parallel broader trends in decentralized systems, cryptocurrency adoption and AI-powered services, reinforcing Bitcoin’s legitimacy in public finance. Traders should note that while market volatility persists, the example of Suarez’s Bitcoin salary underscores Bitcoin’s potential as a long-term store of value. This institutional endorsement may spur further interest in Bitcoin and related blockchain governance models, suggesting bullish implications for BTC over time.
Bullish
Bitcoin salaryBlockchain integrationMiami MayorPublic sector payCrypto governance

MetaPlanet Restarts Bitcoin Treasury Buys with $100M Loan

|
MetaPlanet has resumed its Bitcoin treasury buying after a one-month pause by securing a $100 million loan collateralized with just 3% of its 30,823 BTC holdings. This financing comes from a $500 million open-ended credit facility launched on October 28, offering flexible repayment terms and supporting both share buybacks and further BTC accumulation. The loan will fund revenue-generating projects, including cash-collateralised Bitcoin options, and bolster the company’s market-based net asset value through a ¥75 billion share repurchase programme. In Q3 2025, MetaPlanet’s Bitcoin treasury strategy delivered $18.6 million in options revenue, a 3.5× year-on-year increase. With a 497% year-to-date return and plans to raise $1.4 billion via equity to reach 210,000 BTC by 2027, MetaPlanet’s disciplined approach mirrors peers like Hyperscale Data Inc. Traders should watch how renewed corporate demand may underpin Bitcoin prices and market sentiment.
Bullish
Bitcoin TreasuryCorporate Bitcoin HoldingsCrypto LoansShare BuybackMarket Demand

TeraWulf Q3 Revenue Soars 87% to $50.6M on Bitcoin Rally

|
TeraWulf Q3 revenue reached $50.6 million, an 87% year-on-year increase driven by a strong Bitcoin rally and improved operational efficiency. The Bitcoin mining firm produced 377 BTC in Q3, down 32% from 555 BTC a year ago due to rising network difficulty and strategic timing of sales. TeraWulf optimized energy costs through advanced equipment and infrastructure upgrades, helping deliver record revenue despite lower coin output. These results could reduce immediate BTC selling pressure and support long-term market stability. Crypto traders should watch TeraWulf’s production volume, cost management and sales timing as key factors for mining profitability in a volatile market.
Bullish
TeraWulfBitcoin miningQ3 revenueOperational efficiencyMining profitability

Court Rejects Suit Over FBI Bitcoin Wipe of 3,400 BTC Drive

|
Michael Prime sued the FBI in 2022 after agents erased his hard drive holding 3,400 BTC private keys during routine evidence handling. He had initially reported owning only $200–$1,500 in Bitcoin, even though BTC traded above $10,000 in 2020. An Eleventh Circuit panel ruled the FBI Bitcoin wipe was a standard procedure and found the agency not liable. The court noted Prime’s delayed claim and inconsistent disclosures and dismissed his suit as inequitable. The case shows how an FBI Bitcoin wipe can render crypto assets irrecoverable and stresses the risks of lost Bitcoin. Glassnode data estimates up to 1.46 million BTC are permanently inaccessible. Traders should strengthen custody practices and backup private keys to prevent similar legal or forensic losses.
Neutral
FBI Bitcoin wipelost Bitcoincrypto custodyasset recoverycrypto legal risk