NewsRoom Articles - CryptoCurrencyWire

FridayOct 31, 2025 9:00 am

Bitwise, Canary Capital to Launch US Altcoin ETF Amid Ongoing Shutdown

Canary Capital is planning to introduce the first U.S. exchange-traded products (ETPs) linked to Hedera and Litecoin, according to a statement the firm shared with Reuters. The move comes even as a partial government shutdown continues to slow operations at the Securities and Exchange Commission (SEC). At the same time, Bitwise announced plans to roll out a new exchange-traded fund (ETF) linked to Solana. Both rollouts mark an early test of a recently simplified SEC approval framework that could open the door to a broader wave of crypto-based investment products entering the market without the drawn-out scrutiny once required for…

ThursdayOct 30, 2025 5:27 pm

Blockchain Life 2025 in Dubai: a record 16,730 attendees and a new launch by Pavel Durov

The 15th edition of the legendary crypto forum confirms its status as the leading global industry event. This event set a new record with 16,730 attendees from 130 countries, making Dubai the epicenter of the crypto world. For this special anniversary, the Forum united industry pioneers, major companies, and innovative projects. Over 160 speakers took to the stage, including global leaders and representatives of the largest ecosystems: Tether, Mastercard, DWF Labs, TRON, Mysten Labs (Sui), CoinMarketCap, TON, Ripple, Google Cloud, Animoca Brands, Trust Wallet, 1inch, Amazon, KuCoin, OKX, ADGM, dYdX, and many others. The agenda was full of insider insights…

ThursdayOct 30, 2025 9:00 am

Cryptocurrency Transfers Between Exchanges in Korea, Cambodia Skyrocket

Crypto flows between Cambodia’s Huione Guarantee and South Korea’s biggest crypto exchanges soared nearly 1,400-fold in 2024, drawing sharp scrutiny from lawmakers and regulators concerned about possible links to organized crime in Southeast Asia. Financial Supervisory Service (FSS) data disclosed by opposition legislator Lee Yang-soo shows that transactions between Huione Guarantee and five leading South Korean exchanges, namely Bithumb, Upbit, Coinone, Gopax, and Korbit, amounted to $8.9 million last year. The figure marks an extraordinary leap from only $6,425 in 2023. In response, all five exchanges have now suspended dealings with Huione Guarantee. The platform is part of the Phnom…

TuesdayOct 28, 2025 9:00 am

JPMorgan to Enable the Use of BTC, ETH as Collateral for Loans

JPMorgan is planning to let institutional clients use their Ether and Bitcoin holdings as loan collateral before the end of this year, signaling another major step in Wall Street’s growing acceptance of digital assets. According to sources familiar with the plan, the program will be available globally and will rely on an independent custodian to hold the pledged cryptocurrencies. The move expands on the bank’s earlier policy of accepting ETFs linked to cryptocurrencies as collateral. It further reflects how digital currencies are becoming increasingly embedded in traditional financial systems. With Bitcoin’s price surging this year and the federal government easing…

FridayOct 24, 2025 9:00 am

Why the Recent Crypto Flash Crash Was Long in the Making

The crypto market endured one of its most brutal days on record as a rapid sell-off erased more than $20 billion, sending shockwaves across digital asset trading platforms. The event, described by traders as the worst liquidation in crypto history, triggered widespread losses and renewed scrutiny of the market’s underlying structure. On October 10, Bitcoin plunged roughly $10,000 within minutes during active trading, briefly dipping from around $125,000 to near $115,000. While that drop represented less than 10% of its value, the pace of the decline—more than 5% in under 10 minutes—amplified the panic. Major altcoins fared even worse, with…

ThursdayOct 23, 2025 9:00 am

Chinese Firm Gives Eric Trump’s Cryptocurrency Company Generous Tech Purchase Terms

A Chinese tech manufacturer is extending unusually generous terms to a cryptocurrency venture partly owned by Eric Trump, raising questions among industry observers and lawmakers about potential political or national security implications. According to filings with the Securities and Exchange Commission (SEC), Beijing-based Bitmain is supplying American Bitcoin Corporation with hundreds of millions of dollars’ worth of advanced mining servers. The company is reportedly allowing the Trump-linked firm to defer payments and settle invoices in “pledged Bitcoin,” a structure that lets the buyer redeem the digital currency up to two years later at current prices—a window much longer than what…

TuesdayOct 21, 2025 9:00 am

Fear Grips Crypto Industry as Risk-Off Sentiment Grows

US-listed Ethereum and Bitcoin exchange-traded funds (ETFs) saw sharp withdrawals at the start of last week, with total net outflows reaching roughly $755 million. The move followed one of the most severe liquidation waves in the history of digital assets, erasing over $500 billion in market value during the weekend. The massive sell-off rattled investor sentiment as renewed trade tensions between Washington and Beijing reignited concerns of a broader economic slowdown. Data from SoSoValue indicated that spot Bitcoin ETFs registered $326.52 million in withdrawals, while Ethereum-linked funds saw an even larger $428.52 million pulled out. This marked the third straight…

FridayOct 17, 2025 9:00 am

Citibank to Start Offering Crypto Custody Services Next Year

Citigroup is preparing to enter the digital asset custody space, with plans to launch cryptocurrency custody services by 2026. The move follows several years of development and internal testing, according to Biswarup Chatterjee, the bank’s global head of innovation and partnerships. The bank is weighing a mix of in-house technology and external partnerships to build the platform. “We expect to present a credible custody solution for clients and asset managers within the next few quarters,” Chatterjee said. The service would enable Citi to safeguard clients’ native cryptos directly, a move signaling the bank’s growing confidence in the crypto sector. The…

ThursdayOct 16, 2025 9:00 am

Stablecoin Liquidity Climbs to Record Level Despite Ongoing Crypto Tumble

While most of the crypto market is still struggling to recover from the weekend’s major downturn, stablecoins are quietly reaching new highs. Data from DefiLlama shows that as of October 13, the total amount of stablecoins in circulation has grown to $304 billion, setting an all-time record. That’s roughly 1% higher than last week and almost a 50% jump since the beginning of the year, when supply hovered at $200 billion. Tether (USDT) remains the market leader, holding more than half of all stablecoins in circulation with approximately $180 billion. USDC comes next at $75 billion, while Ethena’s USDe has…

TuesdayOct 14, 2025 9:00 am

Cryptos See Red as New Trump Tariffs on China Trigger Liquidations

October began with strong momentum for Bitcoin and the broader crypto market, but the excitement surrounding what traders call “Uptober” came to a sudden stop on Friday following U.S. President Donald Trump’s latest comments about new trade tariffs on China. His announcement rattled investors, leading to sharp sell-offs across digital assets and traditional markets alike. According to CoinGlass data, over $1 billion worth of crypto was wiped out within the following 24 hours as the market tumbled in step with U.S. stocks. The sudden decline followed Trump’s morning remarks announcing plans for heavy new tariffs on Chinese imports, which triggered…