
Bitcoin’s momentum loss continues as long-term holders add to market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk.

Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin's risk/return structure has changed.”
Steven McClurg, CEO of Canary Capital, has said that XRP could outperform Solana once its exchange-traded fund (ETF) is launched, particularly in terms of inflows and trading volume.
In a recent interview, McClurg responded to a question comparing Solana’s strong ETF debut to what might be expected from XRP, stating that the token would probably double what Solana did in its first week of ETF trading.
His comments are part of a growing confidence in XRP’s institutional positioning among crypto investors as the crypto industry prepares for the next phase of ETF approvals.
McClurg explained that the altcoin’s structure as a financial service will give it a decisive advantage once its ETF goes live. Although XRP’s market capitalization is only about 50% higher than Solana’s, he believes its institutional presence will lead to institutional inflows into its ETFs that could be “100% or even 200% higher” than Solana’s.
He described XRP as an asset that appeals to financial institutions and enterprise investors rather than retail traders, emphasizing that this characteristic will allow its ETF to attract deeper, long-term capital. Solana, by contrast, was described as a token with greater retail exposure, supported mostly by trading activity rather than institutional demand.
To support his outlook, McClurg referred to the performance of the recently launched HBAR ETF, which drew $70 million in inflows within just three days of listing.
HBAR’s market cap and trading volume are relatively very low compared to other large market cap cryptocurrencies, but it was able to attract notable inflows into its ETF products. McClurg attributed this success to its recognition among enterprise and institutional investors. The altcoin could follow a similar pattern, as both tokens share a reputation for being used within established financial frameworks.
Spot XRP ETFs are yet to hit the market, but Solana is already up and running with Spot ETFs from Bitwise and Grayscale. These Spot Solana ETFs are currently on 11 consecutive days of inflows, amounting to $199.21 million in their first week and $136.50 million in the second.
Although these figures are low compared to how Spot Bitcoin and Ethereum ETFs performed in their first week, they are notable because they come at a period when both Bitcoin and Ethereum are witnessing outflows from their respective ETFs. These highlight the scale of investor appetite for digital asset ETFs and set a high bar for XRP to surpass.
Several funds are expected to launch in November 2025, following their recent listing on the DTCC platform. Canary Capital’s Spot XRP ETF is slated to launch on Nasdaq on November 13th, followed by others from firms like Franklin Templeton, 21Shares, Bitwise, and CoinShares. While DTCC listings confirm the operational infrastructure is in place, the ETFs still require final SEC approval, which is currently being delayed due to the ongoing government shutdown.
As Exchange-Traded Funds (ETFs) gain massive adoption and recognition in the crypto landscape, an XRP Spot ETF is being hyped as the next potential fund. After Solana registered significant capital inflows following its launch, the token is believed to experience a similar success and even beyond.
Even though an XRP Spot ETF is yet to hit the market, the fund is already gathering robust attention in the broader cryptocurrency sector. Presently, a bold prediction concerning the anticipated fund is shaking up the crypto conversation.
The latest prediction comes from Steven McClurg, the Chief Executive Officer (CEO) of Canary Capital, during his interview with Paul Barron. According to the CEO, an XRP spot ETF would not merely match the recent success of the Solana spot ETF; rather, it is likely to outperform it.
McClurg’s statement underscores his belief that the token might be the next, and possibly larger, institutional gateway, since Solana ETFs have already demonstrated the viability of altcoin-based spot products. When the fund secures approval from the United States Securities and Exchange Commission (US SEC), it is set to be one of the most transformative moments in XRP’s history.
In the interview on the Paul Barron channel, McClurg forecasted that the impending funds would probably double what Solana did in its first week of launch. The CEO points to the altcoin’s liquidity, global utility, and clearer regulatory path, which are fueling his anticipation of major institutional inflows ahead.
To back up his claims, McClurg stated that the altcoin bears similar qualities to HBAR. Compared to both tokens, HBAR’s market cap is low, but the altcoin was able to attract $70 million in ETF inflows in a three-day window after its launch. This was driven by its institutional recognition and the ideal type of interest, which XRP also has. With XRP already ahead of SOL by 50%, this could give it an edge over SOL.
While SOL is often seen as a retail token, XRP is more of a financial services, enterprise, and institutional token. Adding all of these features to an ETF would lead to 100% or 200% of SOL ETFs’ capital inflows for the altcoin.
Given the bullish performance of the XRP ETF futures and spot, McClurg’s forecast is not far off. Data from X Finance Bull, a web3 enthusiast, shows that the futures and spot are printing green across the market, indicating a dramatic change in momentum as institutional funds start to return to the asset.
There is now over $840 million in Asset Under Management (AUM) flowing into active XRP-based ETFs after months of uncertainty and sideways trading. These funds, which provide utility to the market, were previously criticized following their introduction. However, it is the utility that is currently performing better in the sector.
X Finance Bull has also showcased his robust conviction and expectations toward the XRP spot ETFs. The pundit claims that the impending fund will attract billions to trillions in trading volume if it wins approval from the US SEC.
According to an analyst, Bitcoin sits in a liquidity set-up that has shown up before big rallies. Prices are not shooting higher yet. At press time Bitcoin trades around $104,500, down 0.5% over the past day.
Traders watched a decline of about 1.8% earlier that pushed the price near $103,400 and it briefly touched $102,850 during the move.
CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, or SSR, as the first clear indicator. The SSR compares Bitcoin’s market cap to the total market cap of stablecoins. It has dropped back into the 13 range.
Based on historical readings, that 13 area has lined up with market lows in mid-2021 and at several moments across 2024. Reports show that when SSR fell to similar levels, liquidity quietly built up and buying followed after a period of low volatility.
Liquidity Pattern Has Appeared Before Every Bitcoin Surge — And It’s Back
“We’re witnessing a liquidity configuration that has only appeared a handful of times since 2020, and each instance marked a pivotal moment for Bitcoin’s trajectory.” – By @MorenoDV_ pic.twitter.com/vWKcCkyn55
— CryptoQuant.com (@cryptoquant_com) November 11, 2025

The second metric Moreno highlights comes from Binance. On that exchange, stablecoin balances are rising while Bitcoin reserves are shrinking. In plain terms: more cash-like tokens sit on the exchange and fewer coins are being held there.
That pattern has appeared only a handful of times since 2020, according to the data he referenced. Each time, the movement suggested capital waiting on the sidelines and holders moving coins off exchanges into longer-term storage.
The current trading backdrop is cautious. Many investors expected a lift after news that the US Congress approved short-term federal funding through January 30, yet crypto did not rally with other risk assets.
Some capital rotated back to stocks. At the same time, large holders took profits after recent highs, and momentum cooled. That mix shows how macro events can shift flows without immediately turning into crypto buying.
Risk Still Exists — Structure Could BreakMoreno warns this liquidity zone acts like a final structural support. If the metrics break down decisively, it could signal a deeper reset before any sustained recovery.
In that scenario, buying would likely be delayed and volatility would rise. This is not a guaranteed outcome, but it is a clear risk that traders watch closely.
Outlook: Limited Downside, Growing UpsideBased on reports and on-chain signals, Moreno believes the risk-to-reward favors buyers at these levels. He points to the built-up stablecoin supply and falling exchange BTC reserves as reasons for that view.
Historical patterns suggest the last three months of the year often bring gains for Bitcoin, but past behavior does not promise future returns.
For now, the indicators show capital parked in stablecoins and fewer coins available on major exchanges. That creates a setup where fresh buying could push the market higher quickly if sentiment turns.
Yet the opposite is possible: a break below these levels would reshape the cycle and force many participants to rethink positions. Markets will decide which path comes next.
Featured image from Gemini, chart from TradingView
XRP is entering one of its most crucial weeks in months as a series of bullish catalysts align to set the stage for what could be a breakout move. The token has held firmly above the $2.20 support zone despite the recent market crash, and both technical and fundamental factors now point toward a possible surge in price.
According to crypto analyst Guy on the Earth, XRP is in a make-or-break moment, with abundant news catalysts giving traders reasons to stay optimistic about the short-term direction.
“Another reversal from lows as XRP holds onto the $2.20 support,” said Guy on the Earth in a recent post on X, capturing the cautious positiveness in the price of XRP. He noted that the token is currently slap bang mid-range, targeting a retest of the $2.63 to $2.72 resistance zone.
According to him, there is an abundance of positive catalysts this week, ranging from ETF speculation to the end of the ongoing government shutdown. These catalysts are very important, as XRP needs a continuation of its momentum bounce from $2.2 to target the next resistance from here; otherwise, this is a dead cat at best.
The analyst emphasized that XRP’s ability to defend its key support levels will be critical in shaping its near-term trajectory. He warned that if the token revisits the $2.20 range, it may struggle to hold that level again, potentially slipping to between $1.90 and $2.00.
Despite this caution, he maintained his conviction that the recent lows are already in and that XRP is gradually preparing for a range breakout to the upside. “Things are coming together for the rally we’ve been looking for,” he added, while noting that chopping around this zone is healthy before a break of the range higher.
A large part of this week’s optimism surrounding XRP is tied to growing speculation that a US-listed exchange-traded fund could be nearing approval. Canary Capital’s recent Form 8-A submission to the US Securities and Exchange Commission has increased expectations that the long-discussed spot XRP ETF might debut soon, possibly under the ticker “XRPC.”
The anticipation surrounding this ETF has already begun shaping market sentiment, reflected in the steady stream of excitement from XRP supporters across social media. Traders are drawing comparisons to the rallies seen in Bitcoin and Ethereum following their respective ETF approvals, anticipating a similar influx of institutional demand if XRP’s turn arrives.
At the time of writing, XRP trades at $2.41, a 2% dip in the past 24 hours. Maintaining the $2.20 support remains the key technical objective for bulls, as holding that level could pave the way for another attempt at the $2.72 resistance zone in the next few days.
Coinbase’s plan to make a major push into the stablecoin payments sector has hit a wall. The US crypto exchange has ended acquisition talks with UK-based fintech BVNK, in what could have been one of the largest deals ever for a stablecoin-focused startup.
Details on why the negotiations collapsed have not been revealed yet.
The two firms had entered into an exclusivity agreement in October, following advanced due diligence, and had revealed that a deal, worth roughly $2 billion, was close. Confirming the cancellation, a Coinbase spokesperson said in an exclusive statement to Fortune,
“We’re continuously seeking opportunities to expand on our mission and product offerings. After discussing a potential acquisition of BVNK, both parties mutually agreed to not move forward.”
That price tag would have nearly doubled Stripe’s $1.1 billion purchase of Bridge earlier this year and also would have been Coinbase’s second-largest deal after its $2.9 billion acquisition of Deribit in August.
BVNK, founded in 2021 by Jesse Hemson-Struthers, Donald Jackson, and Chris Harmse, specializes in using stablecoins to power payments and cross-border transactions. The company claims to handle more than $20 billion in annualized volume and has attracted backing from Visa and Citi Ventures. The failed talks leave BVNK exploring other strategic options after an earlier round of discussions with Mastercard also stalled.
For Coinbase, the failed deal highlights how difficult it can be to expand into the stablecoin sector, even as global adoption grows. It is important to note that the $314 billion stablecoin market is gaining fresh regulatory support following the US passing the GENIUS Act in July and creating clearer rules for issuers. The US Treasury had earlier said that it expects the market to reach $2 trillion by 2028, in what appears to be a huge growth potential ahead.
The setback comes less than a month after Coinbase completed a $375 million acquisition of Echo, a platform that helps crypto startups raise capital. Founded by popular crypto figure Jordan Fish, also known as “Cobie,” Echo allows users to participate in early-stage fundraising rounds for blockchain projects. The deal was a part of Coinbase’s strategy to diversify beyond trading and strengthen its foothold in the crypto infrastructure space.
The crypto exchange also entered the fourth quarter on a strong financial footing. Coinbase reported a sharp profit surge for the third quarter of 2025, beating Wall Street expectations. Net income jumped to $433 million from $75.5 million a year earlier, while total net revenue climbed to $1.8 billion for the quarter ended September 30.
It recorded a trading volume of $295 billion during the same period, as total assets on the platform rose to $516 billion, including $300 billion in assets under custody. Transaction revenue also nearly doubled to $1.05 billion, while subscription and services revenue grew 34.3% year over year to $747 million. Adjusted net income came in at $421 million, with adjusted EBITDA reaching $801 million.
The post Coinbase’s $2 Billion Deal With Stablecoin Startup BVNK Collapses appeared first on CryptoPotato.
Barely a year after losing to the anti-crypto Democratic Senator Elizabeth Warren, Republican pro-crypto attorney John Deaton has entered the Senate race again. Deaton is making another bid to become a senator in Massachusetts by running in the mid-term elections next year.
The circumstances surrounding his loss to Warren last year have changed significantly. While he had a shot at winning previously due to the state of crypto policy in the U.S., it is believed that his chances have become slimmer this time. Next year, the pro-crypto lawyer will run against Democratic Senator Ed Markey, the state’s two-term junior senator. Markey intends to run for his third term in 2026.
According to a campaign tweet Deaton posted on November 11, he is running for Senate to fight for struggling families who are trying to build a life from scratch.
The lawyer built his campaign against Senator Warren around pro-crypto policies, but this time, there is barely any mention of such legislation. This is because Trump’s inauguration to the White House brought about numerous positive changes in the U.S. cryptocurrency landscape.
Despite running a pro-crypto campaign last year, Deaton lost to Warren by 20 points, accumulating only 40% of the votes cast. CryptoPotato reported that Warren garnered over 718,760 votes, representing 59.8%, while Deaton received approximately 481,117 votes.
Since the government has introduced new rules that favor cryptocurrencies and companies in the sector, Deaton is now focusing his campaign on the cost of living, especially for working families.
The pro-XRP attorney insists that Markey has been absent while families are struggling. He believes Massachusetts is in trouble due to the high costs of energy, childcare, and housing. Deaton aims to create a more affordable state for working families, support veterans, combat inflation, provide accessible healthcare, and improve schools.
“It’s time for leaders who know how to fight and deliver results. I’m running for the United States Senate to do just that,” Deaton stated.
It is worth mentioning that while Deaton made no mention of crypto on his campaign issues page, he is accepting donations in several digital assets. These cryptocurrencies include bitcoin (BTC) ether (ETH), Solana (SOL), Ripple (XRP), and some meme coins like Dogecoin (DOGE) and Dogwifhat (WIF).
Meanwhile, Deaton is not the only candidate running against Markey. U.S. Democratic Representative Seth Moulton is also challenging Markey on the basis that Massachusetts needs a new generation of leadership in the Senate.
The post Pro-Crypto Attorney John Deaton Enters U.S. Senate Race Again appeared first on CryptoPotato.
On 12 November 2025, Ripple President Monica Long met with UK’s economic Secretary to the Treasury, Lucy Rigby, to discuss how digital assets can boost the country’s competitiveness and growth. The meeting has led to speculation about Ripple’s next move in the UK and about the UK’s ambitions towards digital assets and blockchain. Long took to X to say that the UK is “building on its status as one of the leading financial hubs of the world.”
Notably, Rigby’s role in financial regulation is not missed by the crypto community as she directly engages with Ripple. Meanwhile, Ripple executive Cassie Craddock recently revealed that the company intends to capitalize on the recent US-UK regulatory collaborations.
With a picture on X, Rigby said, “Exciting discussion with Ripple’s Monica Long here in Singapore on fostering innovation in digital assets and our new dedicated support for global fintech scaling in the UK.”
After victories against the US Securities and Exchange Commission (SEC), Ripple has applied to register as a crypto asset firm with the UK’s Financial Conduct Authority (FCA).
Great to welcome the UK's Economic Secretary to the Treasury @LucyRigby at Ripple’s Singapore office to discuss how digital assets can boost the UK's competitiveness and growth, building on its status as one of the leading financial hubs of the world. pic.twitter.com/dIB7SBH4RE
— Monica Long (@MonicaLongSF) November 12, 2025
Rigby took a meeting with Kraken Co-CEO Arjun Sethi as well. However, Sethi openly criticised the UK’s crypto regulation.
Great to meet with Arjun Sethi & his team at @krakenfx this afternoon to discuss the exciting opportunities for digital asset innovation in
pic.twitter.com/b9Ayo93jYC
— Lucy Rigby KC MP (@LucyRigby) November 6, 2025
“In the UK today, if you go to any crypto website, including Kraken’s, you see the equivalent to a cigarette box warning — ‘use this and you’re going to die,” said Kraken Co-CEO Arjun Sethi. “Because of the speed at which they have to do the transaction, it’s worse for consumers. Disclosures are important but if there are 14 steps, it’s worse.”
Furthermore, he criticized the UK’s strict crypto regulations for hindering capital flows and hurting user experience.
Sethi also said Kraken won’t offer tokenized shares of private companies like Robinhood did, calling its tokenized OpenAI shares “a terrible idea.”
The crypto community on X showed support for Sethi.
“UK regulations are stifling growth for sure. It’s like they’re pushing innovation out the backdoor. And tokenized shares? Total hype-no real utility,” said @DrigaDenis.
Honestly, Sethi isn’t wrong the UK’s turning its crypto scene into a museum.
When you block 75% of the market, innovation doesn’t pause, it just moves elsewhere.
DeFi’s not the enemy, overregulation is.
And yeah, tokenizing private shares? That’s reckless hype, not progress.…— Joe | KOL & Alpha Crypto Influencer (@SelfSuccessSaga) November 12, 2025
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Recently, the US and UK governments have announced a strategic partnership by creating a formal joint task force designed to reduce regulatory friction for firms seeking to access capital across markets. Importantly, the joint task force will coordinate the two countries’ approaches towards cryptocurrency oversight.
The task force was formed during Trump’s visit out of high-level talks between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent.
On 22 September 2025, the US Department of the Treasury (DoT) released a statement saying, “The purpose of the Taskforce is to explore options for short-to-medium term collaboration on digital assets while legislation and regulatory regimes are still developing, as well as options for long-term collaboration and additional opportunities for wholesale digital markets innovation.”
According to the US DoT, “the Transatlantic Taskforce for Markets of the Future should report within 180 days.”
Explore: After Trump’s Visit Britain Set To Reduce Crypto Red Tape: US-UK Launch Transatlantic Task Force
Key Takeaways
The post What Is Ripple Planning With UK? Company President Meets UK Economy Secretary To The Treasury appeared first on 99Bitcoins.
The idea of a 50-year mortgage is catching attention as policymakers and banks look for ways to make housing more affordable.
50 YEARS??? YOU’RE GONNA DIE BEFORE YOU OWN YOUR HOUSE.
On paper, a longer-term loan sounds like a relief: smaller monthly payments, easier qualification, and more “buying power.” But the math and economics show you’re getting completely scammed.

The problem is that normalizing 50-year mortgages allows house prices to continue to increase to ever more unsustainable levels so that the only way people can afford to buy a house is with a 50-year mortgage.
If you really want to help people afford homes, here’s how you do it:
DISCOVER: 20+ Next Crypto to Explode in 2025
A $400,000 loan at 6.31% for 30 years costs $2,478 a month. Stretch that to 50 years at 6.71%, and the payment drops to $2,318, which is a savings of just $160 per month, or about 6.5%. SPOILER ALERT: That’s not life-changing. But over the life of the loan, the borrower pays nearly $500,000 more in interest.
According to FRED data, the median household income in the US is roughly $79,000 per year, meaning a $2,318 mortgage already consumes over 35% of pre-tax income, well above the safe threshold for housing costs.
Boomers with 17 paid off properties watching you take a 50-year mortgage pic.twitter.com/KkMNAHG4L3
— Not Jerome Powell (@alifarhat79) November 10, 2025
Here’s the rub: Does it not occur to these vultures in Congress that 30 years is already your whole lifespan?
You’re better off buying or gold and living in your apartment while those assets appreciate.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Under a 50-year mortgage, it takes nearly 30 years to build $100,000 in equity, compared to 12 years on a 30-year loan, according to an AP analysis. The borrower spends decades mostly paying interest, not principal.
“Extending the term doesn’t make homes affordable,” economist Mike Konczal said. “It just normalizes debt servitude as the baseline for middle-class life.”
And given that the average first-time homebuyer is now around 40, according to the National Association of Realtors, a 50-year mortgage would end when the borrower turns 90. It also doesn’t help that you’re paying property taxes on that home once you are finally done paying it off.
“You took a 50-year mortgage?”
Yes, Dave.
“You also took a 15 year car loan?”
That’s correct, Dave. pic.twitter.com/Ndiu3KI0r9
— Not Jerome Powell (@alifarhat79) November 11, 2025
The best way to fix the housing crisis is to cap lending to say 3x annual salary and house prices would plummet overnight. Builders would have to start building affordable homes to stay in business instead of overpriced McMansions.
This will never happen, obviously, because banks would see a massive drop in profits and boomers would be seething that the house they bought for $50k in 1988 is now worth only $200k instead of $600k.
DISCOVER: Top 20 Crypto to Buy in 2025
According to FRED and Zillow Research, US home prices have risen 44% since 2020, while real wages have barely moved.
This 50-year mortgage idea from Trump, coupled with his 15 year car loan, seems more like desperation than smart policy.

The best, and we mean best case scenario, is that whatever amount the house you’re paying a mortgage on appreciates over time and becomes pure profit that you can pocket on selling.
If a house doubles in price in 15 years, when you sell, the amount that it has doubled by becomes your own cash. But it would mean you’re speculating on a housing market that is already extrmely high, volatile and possibly in a bubble as it stands.
EXPLORE: Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse
Join The 99Bitcoins News Discord Here For The Latest Market Updates
The post Financially Speaking, Would You Sign Up For a 50 Year Mortgage? appeared first on 99Bitcoins.
Aerodrome and Velodrome merge as Aero, marking a major Aero DEX expansion to Ethereum and Circle's Arc blockchain in 2026.
The post Aerodrome and Velodrome merge into Aero, expanding to Ethereum and Circle’s Arc appeared first on Crypto Briefing.
The launch of YLDS on Solana could enhance DeFi's appeal by bridging traditional finance with blockchain, potentially attracting institutional investors.
The post Figure to launch $YLDS, a public debt security on Solana backing yields with US Treasuries appeared first on Crypto Briefing.
Hedera’s Asset Tokenization Studio added ERC-3643 to help institutions launch compliant, modular digital assets on the blockchain network.
XRP investors are turning to LeanHash for high daily yields as Ripple’s ecosystem enters a new growth phase. Amidst market volatility and a price hovering around the $2 support level, a new investment boom is quietly emerging within the Ripple…
Neo Tokyo (BYTES) Crypto has garnered attention recently due to its trading activity, with a current price of $3.02…
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The cryptocurrency market is buzzing with excitement as a renowned crypto expert predicts a $10 trillion valuation driven by…
The post Expert Predicts $10 Trillion Crypto, AI Infusion: Top 3 Altcoins For Maximum Gains appeared first on Coinlabz.
ChainCatcher 消息,据加密记者 Eleanor Terrett 报道,截至美国东部时间下午 5:30,Canary XRP ETF 在纳斯达克完成上市认证后正式生效,XRPC 已获准于明日开盘时启动交易。
The DeFi king still reigns, but the challengers are getting louder.
The post สอนดูกราฟบาคาร่า 2025 อัปเดตสูตรใหม่ ใช้ได้กับทุกค่าย appeared first on https://dumbbell-exercises.com/.
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Tortola, BVI, November 12th, 2025, Chainwire
Funtico has opened the token presale for Earth Version 2 (EV2), the studio’s forthcoming multiplayer sci-fi MMO. The sale offers early access to $EV2 – the token that drives the game’s economy – with 40% of the fixed 2.88 billion supply allocated to presale buyers.
$EV2 will function as the in-game currency for upgrades, item crafting, and marketplace activity. Purchases during the presale can be made using ETH, USDT, USDC, BTC, BNB, SOL, SUPER, or via credit card. This flexible payment structure is designed to make participation straightforward for players who may not be familiar with crypto, lowering the barriers typically associated with Web3 presales. Purchases of over $1K will be awarded an additional 10% bonus in the form of TICO tokens.
Earth Version 2 is set on a newly discovered planet where human explorers uncover remnants of an advanced alien civilization. The game mixes shooter mechanics and progression-based play with class roles and customizable gear. By focusing on high-visual fidelity and intensive combat, Funtico aims to deliver a gaming experience aligned with mainstream titles rather than the typical browser-based Web3 model.
The project arrives at a moment of meaningful growth for the Web3 gaming category. Major publishers and investors have increasingly turned their attention toward decentralized platforms, where digital asset ownership and player-driven economies become more relevant to how games monetize and retain communities.
EV2 builds upon this shift by enabling players to own their in-game progress – but without requiring prior blockchain knowledge. A streamlined login process, traditional store listings, and multi-currency checkout support are intended to meet gamers where they already play, instead of pushing them into crypto-native flows.
EV2 introduces five playable classes – Brute, Cloaker, Mag, Pathfinder, and Valkyrie – that offer distinct combat roles ranging from tanking to stealth, support, and tactical drone deployment. Battles take place across multiple modes. Oblivion centers on team-based combat within a shrinking map, while Fracture is a 25-player free-for-all where everyone is hunting for glowing cubes. Players must collect two of each color to reveal a secret relic, but dying resets their progress.
The rollout of EV2 follows a detailed timeline, starting with gameplay testing and presale onboarding which is currently underway. Partnership activity and additional ecosystem development are planned for Q1 2026 and the full launch and token generation event will take place in Q2, followed by tournaments, seasonal content, and integration of limited-edition digital asset bundles available to presale participants.
Following earlier titles released on Avalanche, the $EV2 token will be issued on Ethereum. The move positions EV2 within one of the most active trading ecosystems, maximizing liquidity and reach ahead of launch. The game is scheduled for release on PC through Funtico, Steam, and the Epic Games Store, with console support planned at a later stage.
The EV2 presale is now live at https://ev2.funtico.com/
About EV2
Developed by Funtico, Earth Version 2 (EV2) is an MMORPG powered by the $EV2 token in which character actions and core features are recorded onchain. The Web3 game, which fuses blockchain features such as true player ownership with seamless onboarding, is set in a cosmic battlefield where alien invasion threatens humanity. Players must gather alien tech, build their personalized EV2 suit, and face the invaders head-on. Skill-based PvE modes and tournaments enable players to compete for collectibles while fighting to save humanity.
Learn more: https://ev2.funtico.com/
Funtico Team
ev2@funtico.com

XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from the previous month.
However, XRP’s growth still lags slightly behind the overall altcoin market. Since August, altcoin market capitalisation has increased by an average of approximately 14%, while XRP has remained relatively stable.
Eliminate the Anxiety of Hoarding: Fleet Miner Makes Cashing Out XRP Easier
The volatile prices of cryptocurrencies like XRP have caused many investors to worry about hoarding. Large price fluctuations, uncertain returns, and market-driven sentiment make passively waiting for appreciation highly risky. Simply hoarding coins may seem safe, but in reality, it’s more like gambling on luck.
Fleet Miner, recognising this pain point, has launched “Cloud Mining + Principal Guarantee Contracts” to provide investors with a stable cash flow:
Guaranteed Principal: Regardless of XRP price fluctuations, your investment capital remains safe and secure.
Daily Income: Automatically settle income, ensuring a stable cash flow from your assets.
Easy to Use: No mining machines or electricity bills required, just a mobile phone is all you need to get started.
The registration process is incredibly simple: Register → Select a contract → One-click order → 24-hour automatic settlement → Withdraw or reinvest.
Register and receive $15 worth of cloud computing power, allowing you to try out the contract for free at no additional cost. The platform supports deposits and withdrawals of mainstream digital currencies such as BTC, ETH, XRP, DOGE, USDT, USDC, and provides diversified contracts to flexibly cover short-term, cyclical, and long-term investment goals.

Fleet Miner not only provides tools but also represents an investment philosophy: no longer driven by market sentiment, but rather earning stable daily returns through active asset management. In volatile markets, the true winners are those who seize the initiative, not those who rely solely on price predictions.
As the crypto market continues to evolve, cloud mining makes it easy for everyday investors to participate, transforming digital assets like BTC and XRP from price slaves into stable cash flow tools. Fleet Miner is committed to helping users navigate volatility with stability and enter the next phase of crypto asset investment.
Website: https://fleetmining.com
Email: info@fleetmining.com
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Bitcoin BTC mining company Bitdeer confirmed that a fire broke out at its construction site in Massillon, Ohio.
WisdomAI, an artificial intelligence (AI) data analytics company, has raised $50 million in a new Series A round.
On August 8, 2025, Trezor sent out an email to customers. The company said there’s been a noticeable jump in phishing attacks. These scams are going after people who use Trezor wallets and other crypto services.
In the note, Trezor explained how the attackers work. Some pretend to be part of the company. Others act like they’re from exchanges or different wallet brands. The methods change — sometimes it’s a fake email, other times a phone call, a fake ad, or even a fake app or social media account. All of it is meant to trick you into giving away your keys.
The email listed a few of the more common tricks:
Trezor’s main reminder was simple: never type your recovery seed into a computer or phone. The only time you should enter those words is on the device itself, and only when you’re restoring a wallet. That’s rare. If anyone asks for those words — even if they call it a “backup code” or “passphrase” — it’s a scam.

The email said scammers often try to make people feel rushed. They want you to panic. That’s when mistakes happen. The advice was:
If your recovery words are stored safely and offline, your crypto is still yours.
They also pointed out the need to double-check where messages come from. Real Trezor emails come from noreply@trezor.io. The official site ends with @trezor.io. Even if something looks right, it’s safer to type the address into your browser yourself.
Trezor explained that it’s working to limit these scams. They said they are:
They finished by saying their email database hasn’t been leaked. The phishing attempts are part of a wider trend in the crypto world, not just aimed at them.
Earlier this year, Trezor sent out a similar warning about a different kind of phishing. In that case, attackers used Trezor’s own contact form. They filled it in with someone else’s email address so that the person would get an automated reply. That reply made the phishing look like it came straight from support.
The company stopped that method quickly, but the August update shows the scammers are still trying new things.
The advice is the same for anyone holding their own crypto:
The post Trezor Warns Users About New Phishing Scam Wave appeared first on The Coins Post.
On July 16, 2025, crypto exchange BigONE confirmed that it was hacked. The attacker stole around \$27 million in digital assets from its hot wallet. The incident raised questions about exchange security, operational oversight, and risk management in the crypto industry.
The hack began with unusual outflows from BigONE’s hot wallet. On-chain analysts and security firms flagged the movements early. Blockchain monitoring service Lookonchain was one of the first to confirm the loss.
According to their data, the hacker made off with a large amount of tokens, including:
These tokens were quickly swapped or moved across various wallets, most of which have been identified. The attacker also transferred funds to addresses on multiple blockchains, including Bitcoin, Ethereum, Solana, and TRON.

Security firm CertiK noted that the attacker now holds multiple assets at different wallet addresses, making recovery difficult.
According to an internal investigation and findings from security firm SlowMist, the breach was not due to a leaked private key. Instead, it was a supply chain-style attack. The attacker manipulated internal logic in BigONE’s production systems. That allowed them to bypass account-level risk controls and initiate unauthorized withdrawals.

This kind of attack doesn’t need access to user keys or even to the wallet software itself. It targets backend infrastructure—like servers that manage account activity or approve transactions. By interfering with that logic, the attacker was able to drain the hot wallet without triggering normal security alerts in time.
In a press statement issued on the same day, BigONE admitted to the breach. The company said user assets are safe and promised to fully cover all losses using its own reserves. The stolen tokens will be replaced from internal security funds, which include BTC, ETH, USDT, SOL, and XIN.
Other tokens that were lost—such as SHIB, DOGE, CELR, and SNT—will be recovered through borrowed liquidity or other external means. A full breakdown of the lost tokens was published, including:
The company paused trading and deposits temporarily. They say the system will be back online within hours. Withdrawals will stay on hold until further security upgrades are complete.
BigONE also promised full transparency and regular updates as the investigation continues.
Not everyone reacted with sympathy. Popular blockchain investigator ZachXBT said BigONE has a history of being connected to shady activity. He claimed the platform previously processed funds linked to scams like pig butchering, fake investment schemes, and romance frauds.
ZachXBT also shared addresses allegedly tied to these scams, claiming BigONE failed to block or report them. He said the same wallet used in the current hack had been active for months before the breach.
His comments have sparked debate about how centralized exchanges handle compliance and risk. Some in the crypto community believe this hack is partly a result of weak oversight, not just a technical error.
BigONE has not directly addressed those allegations but said it will cooperate with law enforcement and share all investigation data with the public.
This year has seen a string of major breaches across the crypto space. BigONE now joins a growing list of affected exchanges. Just weeks earlier, Iranian exchange Nobitex suffered a data leak and suspected fund loss. Bybit and several DeFi platforms have also reported attacks this year.
As the crypto industry grows, attackers are shifting tactics. Instead of brute-force hacks or phishing, they now often use more complex methods—like exploiting internal systems, API flaws, or weak business logic in backend code.
The BigONE case is a textbook example of this. Even though no private keys were exposed, the attacker still walked away with \$27 million in crypto.
This incident is a reminder that even large exchanges can be vulnerable. If you hold a significant amount of crypto, keeping it all on a single exchange is risky.
Here are a few takeaways for crypto users:
BigONE says all systems are under review. The internal team is working with SlowMist and other firms to trace the hacker and recover assets if possible. However, funds have already been moved and swapped, which makes recovery hard.
Law enforcement may get involved soon, especially if scam-linked addresses or illegal flows are confirmed.
Meanwhile, BigONE must now repair trust. Whether or not they succeed depends not only on how they fix their systems, but also how open they are about the hack, the cause, and the aftermath.
For now, user assets are said to be safe. The platform is covering all losses. But users, regulators, and security experts will be watching closely in the weeks ahead.
The post $27 Million Gone: BigONE Exchange Suffers Major Hack appeared first on The Coins Post.
Ethereum’s next major upgrade has been officially confirmed, sparking excitement across the crypto community and optimism concerning ETH’s long-term prospects.
Crypto market today: the first XRP ETF to be launched this week; SHIB is finally getting real-world utility; CZ flags fraudulent autobiography on sale.

Bitcoin maintained its November pattern of higher lows as it rebounded to $105,000, but traders remained cautious of a potential rejection at key resistance.
Bitcoin (BTC) eyed intraday highs into Wednesday’s Wall Street open as bulls battled for $105,000.
Key points:
Bitcoin creeps higher into the US trading session as traders seek $107,000 retest.
Read more

Internet Computer (ICP) eased 0.65% to $6.30 as consolidation held above a critical support level, with volume up 77% during a resistance test near $6.67.
On 10 November, a Bitcoin user mistakenly paid almost one BTC in fees, valued at about US$105,000 (AU$160,650), for a US$10 (AU$15.30) transaction. Blockchain records revealed that 0.00010036 BTC was sent to a Kraken exchange address, while 0.99 BTC was incorrectly set as the transaction fee.
The error was identified by on-chain analysts monitoring Mempool.space and Whale Alert, with data confirming that MARA Pool mined the block and received the fee. Experts say the overpayment most likely stemmed from a manual configuration mistake. Many wallets allow users to set their own fees, and incorrectly entered values can send excess funds directly to miners.
Related: US Treasury Clears Path for Staking Yields on Wall Street Crypto Funds
Luxor Mining Pool’s Nick Hansen described it as “some non-standard way of crafting a transaction”. Scott Norris from Omnes suggested it might simply be carelessness, noting that “it’s not terribly hard” to customise transaction fees.
Typically, Bitcoin transaction fees remain low, especially after mining pools reduced them in July to boost network activity. The average cost to confirm a BTC transaction currently sits below US$1 (AU$1.53), with most users paying only cents for small transfers.
While miners occasionally return mistaken payments, this depends on their discretion and requires the sender to prove ownership of the wallet. Refunds are therefore uncommon, making such user errors particularly costly.
Similar missteps have occurred in the past: in 2023, one trader lost 83.64 BTC to an incorrectly configured fee, while another user on Ethereum mistakenly sent US$24 million (AU$36.72 million) before the miner voluntarily refunded it.
The case highlights the risks of manual fee entry and serves as a reminder that precision is crucial when handling cryptocurrency transactions.
Related: Bitcoin Above $105k, Bull Market Restart or Relief Rally?
The post Bitcoin User Accidentally Pays US$105K Fee to Send Just US$10 appeared first on Crypto News Australia.
Acquisition talks between Coinbase and UK-based stablecoin infrastructure startup BVNK have fallen through, according to a Tuesday report from Fortune. The proposed acquisition deal would have seen Coinbase acquire BVNK for an estimated US$2 billion (AU$3b).
“We’re continuously seeking opportunities to expand on our mission and product offerings,” a Coinbase spokesperson told Fortune. “After discussing a potential acquisition of BVNK, both parties mutually agreed to not move forward.”
Before collapsing, the talks had seemingly been going well and it looked like the parties were close to making a deal, possibly as soon as Q4 of this year. In late October it was announced BVNK had entered into an exclusivity arrangement with Coinbase, meaning the startup couldn’t negotiate with any other parties, signalling the deal was virtually done — subject to due diligence.
It hasn’t been disclosed why the deal suddenly fell through, but it could be that Coinbase found something it didn’t like during its due diligence process.
If it had proceeded, it would have been one of the largest ever acquisitions for a stablecoin startup. The deal was almost double the size of Stripe’s US$1.1 billion acquisition of stablecoin startup, Bridge, in February.
BVNK hasn’t yet commented publicly.
Related: Pompliano: Crypto Will Disappear Not by Collapse — but by Complete Integration
In news of other Coinbase growth initiatives, last month the exchange announced a new partnership with Citi to offer 24/7 digital asset payments to institutions. It’s a move Coinbase claims will enhance existing settlement arrangements partially through using blockchain technology.
The project will initially focus on streamlining Coinbase’s own on- and off- ramping systems and on improving payment orchestration for Citi’s institutional clients. Eventually, the new payment system will also include the use of stablecoins to bridge fiat and blockchain settlement, with updates expected on this front in the coming months.
“Citi’s global network and expertise in payments make them an ideal partner as we work to advance digital asset capabilities,” said Brian Foster, Global Head of Crypto as a Service at Coinbase.
“By combining their reach with Coinbase’s leadership in digital assets, we’re creating solutions that can simplify and expand access to digital asset payments.”
Related: Institutional Investors Stay Bullish on Bitcoin Heading Into 2026, Coinbase Finds
Citi’s Head of Payment, Debopama Sen, said partnering with Coinbase allows the firm to engage with blockchain-based payment solutions and offer new payment options to their ‘network of networks’.
With more than 300 payment clearing networks across 94 markets globally, we see collaborating with Coinbase as a natural extension of our ‘network of networks’ approach, further supporting our clients to make payments as if there were no borders.
Debopama Sen, Citi The post $2B Coinbase–BVNK Stablecoin Deal Collapses After Exclusive Talks appeared first on Crypto News Australia.
Filipino marketers at DigiCon 2025 champion personalization, using data and technology to build deeper, more meaningful consumer connections.
The post The Age of “I”: Is personalization key to success in digital marketing? appeared first on CoinGeek.
Tether fuels a $767M Rumble-Northern Data deal and pushes its U.S. stablecoin, as the Bank of England, Brazil, and Japan advance their stablecoin plans.
The post Tether wheels and self-deals, BoE open stablecoin consultation appeared first on CoinGeek.
The DeFi king still reigns, but the challengers are getting louder.
Aerodrome and Velodrome Finance merged under Dromos Labs to form Aero, a unified cross-chain DEX spanning Base and Optimism.IBM said its new processors and software breakthroughs will speed its path toward fault-tolerant quantum computing by 2029.
A judge ordered a freeze of $456 million in assets tied to a stablecoin reserve bailout that reportedly involved Tron founder Justin Sun.
Arthur Hayes today urged Zcash holders to pull coins from exchanges and move them into shielded addresses.
The former BitMEX CEO also disclosed that ZEC is now his second-largest position after Bitcoin. He framed the trade around reducing exchange balances and leaning into Zcash’s shielded pools, which slows how quickly coins recycle back into order books.
If you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it.
— Arthur Hayes (@CryptoHayes) November 12, 2025
The timing matters because Zcash’s third halving lands this month, cutting issuance from 3.125 to 1.5625 ZEC per block.
That is an immediate 50% reduction in new supply. Gate.io’s primer details the cadence, with the block subsidy drop setting daily issuance near 1,800 ZEC from roughly 3,600 ZEC before the event. For traders who think in flows, Hayes’ call addresses the other side of the ledger.
The move shifts existing supply from readily available exchange balances to self-custody, then into shielded pools where turnover tends to be lower.
A new report published in early November focuses on Zcash’s zero-knowledge architecture and the “encrypted money at scale” framework that funds use to position the asset within a Bitcoin-adjacent thesis.
That research, along with several market trackers, highlights the datapoint that animates Hayes’ instruction. The amount of ZEC in shielded pools has climbed past roughly 4.5–5.0 million ZEC, equal to about 27–30% of circulating supply, with a noticeable share moving into the newer Orchard pool in recent weeks.
The most recent leg higher saw about 1 million ZEC shielded within a short window during the run-up. That supports the idea that habit formation around shielding can alter market microstructure by shrinking the tradable float.
The mechanism is straightforward. Coins held on centralized exchanges are available to hit bids. Coins withdrawn to self-custody move out of immediate circulation, and coins then shielded in Zcash’s privacy pools display lower near-term spend probability.
The result is a narrower float that can affect depth, slippage, and the cost of carrying basis, especially when issuance is being cut in half.
The “optional privacy” design is central here. Zcash supports both transparent and shielded activity, and unified addresses in production wallets have lowered the operational burden for switching between modes.
Some venues frame this mix as more threadable with compliance than default-private systems, such as Monero, which have faced heavier delistings since 2024.
Policy and venue risk take center stage. The European Union’s Anti-Money Laundering Regulation has been reported to be advancing restrictions on privacy coins and anonymous crypto accounts, with the application targeted for July 1, 2027.
Details will move through technical standards and supervisory guidance, and the pathway is a credible trajectory rather than a final edict today.
In parallel, the Financial Action Task Force’s 2025 targeted update emphasizes the implementation of the Travel Rule for virtual asset service providers, expanding data-sharing requirements for transfers involving custodians. FATF says enforcement gaps remain, and regulators want tighter controls on the metadata that accompanies customer flows.
These vectors land directly on exchange policy. The spring 2025 episode, in which Binance floated a vote-to-delist ZEC, even though it did not follow through, demonstrated how compliance assessments and venue governance can disrupt liquidity and market access. That debate moved price and sentiment before the status quo was restored.
Against that backdrop, three near-term scenarios are in play. Over the next one to three months, the halving cuts new supply while the privacy bid persists. The shielded share climbs from roughly 27–30% to the low 30s, and centralized venues continue to see net outflows into self-custody.
That mix tightens the effective float, keeps realized volatility elevated, and periodically widens the basis on ZEC perpetuals as market makers charge more to warehouse risk during bursts of thin top-of-book depth.
If European venues pre-empt AMLR, a second path emerges where one or more EU-facing exchanges restrict ZEC spot or withdrawals for regional users ahead of final rulemaking. That would thin local order books, raise spread volatility, and open the door to temporary price gaps between onshore and offshore pairs, echoing the venue fragility highlighted during the Binance episode.
The reflexive case is a privacy flywheel. Hayes’ “withdraw and shield” becomes a norm, Orchard’s share of shielding grows, and the 30–90 day spend rate for shielded coins stays below transparent cohorts.
In that setup, the tradable float can shrink faster than issuance can replenish, and rallies extend on lighter asks as market makers widen quotes to compensate for inventory risk.
Coverage from Coinglass on the recent shielded surge provides the evidence trail for that inference.
A simple thought experiment helps ground the numbers in reality. If the circulating supply is held constant and shielded share rises by five percentage points, and if shielded coins spend at half the 90-day rate of transparent coins, then effective sell-side liquidity can fall by roughly 7–10% before the halving’s 50% issuance cut takes effect.
This is not a forecast. It is a framework to think about depth, slippage, and the cost of executing size when a larger fraction of coins is functionally idle.
To track the supply mechanics around the event window, the following before-and-after view focuses on what is measurable without speculation. Issuance numbers are mechanical, shielded share uses ranges reported in recent coverage, and the table leaves placeholders for venue reserve data and basis that desks can populate with their own snapshots.
| Metric | Pre-halving | Post-halving | Source/notes |
|---|---|---|---|
| Block subsidy (ZEC) | 3.125 | 1.5625 | According to Gate.io Learn |
| Issuance per day (ZEC) | ~3,600 | ~1,800 | 1152 blocks/day × subsidy |
| Shielded share of supply | ~27–30% | Watch for ~32–35% scenario | According to Coinglass; scenario band |
| Shielded pool mix | Orchard share rising | Monitor continued Orchard growth | Shielding flows |
| Aggregated CEX reserves | Populate from desk snapshots | Populate from desk snapshots | Venue-specific monitoring |
| Perp basis | Populate from desk snapshots | Watch for episodic widening | Event-driven liquidity |
Design trade-offs will shape listability as AMLR and Travel Rule enforcement harden. Zcash’s optional privacy and unified address model can carry compliance metadata through VASPs when needed, while still enabling end-to-end encrypted transfers between self-custodied users.
Monero’s default privacy raises a different set of controls, which is why delisting pressure has diverged across the two over the past eighteen months. Of privacy-coin positioning in 2025–26, this split is central to survivability on major venues.
Traders watching the halving window will focus on whether miners pre-sold into the event, whether hashpower wavers after the subsidy cut, and how much of the incremental shielding lands in Orchard. They will also watch whether venue policy statements in the EU and UK start to pre-empt AMLR milestones.
On the policy side, FATF follow-ups and any US FinCEN proposals that touch private-transfer thresholds would add friction if they explicitly target shielded flows through custodians.
On the market structure side, order-book depth by venue, the concentration of ZEC/USDT liquidity offshore, and basis behavior during outsized moves will show whether Hayes’ instruction is translating into a persistent float squeeze or a fragmented market with wider spreads.
The post Arthur Hayes’ ‘Withdraw and Shield’ Zcash War Cry Could Make ZEC’s Next Move Its Wildest Yet appeared first on CryptoSlate.
Washington has long wrestled with who should police digital assets. The Digital Asset Market Clarity Act of 2025 passed the House this summer, but the Senate had not acted.
Now, two Senate committees have released competing drafts, each promising regulatory order. These drafts create a new jurisdictional map poised to reshape everything from Bitcoin spot markets to Ethereum disclosures and exchange rulebooks.
One draft from the Senate Agriculture Committee expands the Commodity Futures Trading Commission’s role. The Senate Banking Committee’s version creates new SEC authority over “ancillary assets” and clarifies when tokens outgrow securities status.
For anyone in crypto, this choice is vital. These bills could transform custody, classification, and disclosure, redrawing U.S. digital-asset market boundaries.
The Agriculture Committee’s plan, from Senators John Boozman and Cory Booker, grants the CFTC authority over “digital commodities” and their spot markets. It sets up registration for exchanges, brokers, and dealers, mirroring CFTC oversight of traditional commodities.
Intermediaries would be required to use qualified custodians and segregate customer assets to prevent conflicts of interest with affiliates. The bill allows for joint CFTC–SEC rulemaking for overlapping entities or dual registration, leaving some issues, like DeFi, for later debate.
This version builds on the House Clarity Act and aims to bring crypto spot markets under CFTC oversight. U.S. Bitcoin platforms would have to register as digital-commodity exchanges, meet new capital and custody rules, and offer stricter retail protections.
It could standardize data sharing across venues, improving the surveillance ETF issuers use. ETFs, however, would remain under SEC jurisdiction.
The impact goes beyond paperwork. Moving Bitcoin spot oversight to the CFTC would make exchanges follow commodity-exchange logic, focusing on clear reporting and market surveillance over investor disclosures.
This could give analysts and traders better insight into market quality and liquidity. Despite the CFTC’s expanded role, the SEC would still oversee securities instruments and crypto futures. Dual oversight endures.
Across the Capitol, the Senate Banking Committee’s draft, called the Responsible Financial Innovation Act, focuses on digital assets that straddle the line between securities and commodities. It defines an “ancillary asset” as a “fungible digital commodity” distributed through an arrangement that also constitutes an investment contract.
The draft would give the SEC explicit authority to oversee these instruments, requiring issuers to provide disclosures on token distributions, governance, and associated risks. It also gives the agency roughly two years to finalize a rule defining what constitutes an “investment contract,” and it introduces a decentralization certification process that allows a project to exit securities treatment once network control falls below certain thresholds.
This framework provides a conditional escape hatch for coins linked to “active projects,” such as Ethereum. A token could begin life under SEC oversight, subject to disclosure and investor protections, but later “graduate” once governance becomes sufficiently distributed.
This adds structure to a gray area that has haunted the industry since the days of the DAO report. It also compels the SEC to articulate, in writing, what decentralization means, rather than relying on ad hoc enforcement.
Under this model, practical distinctions become sharper. Bitcoin would likely be treated as a digital commodity under the CFTC.
Tokens with enterprise ties would stay under the SEC’s ancillary-asset regime until they prove decentralization. Centralized exchanges would be caught between both frameworks. They would register as CFTC digital-commodity exchanges for spot crypto, but remain subject to SEC oversight for listed securities.
The combined effect could force U.S. platforms to adopt dual registration, stricter capital requirements, and more transparent trading books.
Looking across both approaches, timing is one of the biggest unknowns. The Banking draft imposes specific deadlines for rulemaking.
However, the Agriculture draft leaves key questions unresolved. Both rely on future coordination rules and public consultations before any of this takes effect. The House version has already passed. The Senate proposals are still in discussion, and opposition within both parties has surfaced.
The two drafts currently serve as a working field guide for builders and traders. First, they reveal how U.S. spot venues might evolve under a CFTC-led regime.
Next, they illustrate how token projects could eventually graduate from securities treatment, and how exchanges might need to rebuild internal firewalls. While the drafts do not deliver the clarity their titles promise, they do map out the next stage of the regulatory tug-of-war.
In a market where classification dictates liquidity, custody, and compliance, knowing which agency draws the line first could prove as valuable as any on-chain signal.
The post SEC vs CFTC Rematch Booked Over Who Polices US Crypto—and Your Coins appeared first on CryptoSlate.
It sounds ridiculous…. impossible — but hear me out: What if the real reason Satoshi Nakamoto has never been identified and has managed to stay quiet for the last 15 years is that he was never a person at all?
What if the inventor of Bitcoin is a super-advanced artificial intelligence from the future that sent itself back to create an ultra-resilient network for itself to run on?
That’s precisely the theory some conspiracy-minded sci-fi fans have been spreading around for at least the last eight years. Most people think the idea is absolutely preposterous, of course, and some contributions to the discourse are tongue-in-cheek.
But what is this theory, and where does it originate?
One of the earliest mentions of the theory comes from Quinn Michaels, a software engineer and apparent artificial intelligence researcher, in an interview with Jason Goodman on his YouTube show Crowdsource the Truth.
“I believe it was. It was created by artificial intelligence for artificial intelligence, and it was modified by human beings,” says Michaels in an interview in 2017, which made the rounds on social media.
“I have not been able to find a single person in the public space of computing, whether it be a Hanson Robotics, in the Sophia AI or it be Peter Thiel at Palantir with all of his super nerds or it be any person who graduated from Stanford in the last 20 years, I’ve literally only maybe found two people in the entire world that have the skill to write Bitcoin.”
Michaels was discussing Bitcoin’s original code — written in C++ — which many have called “too brilliant” to have been written by a person, and which has not generated any significant flaws or loopholes for exploiters.

Then there’s the fact that no one really has any clue who Satoshi Nakamoto is. Nakamoto has yet to spend a single dime of their enormous $125 billion fortune. Almost like… a robot.
Even Changpeng Zhao, the founder of Binance, referenced this crazy conspiracy theory in an interview with Turkish crypto pundits earlier this year, when he was asked whether he had any idea who created Bitcoin.
“I honestly don’t know. I think it’s quite difficult for a group of people to stay that anonymous… If it’s one person, he also covered his tracks really well. So no IP addresses, no nothing,” says Zhao.
“There are other sorts of stranger answers where he might be a software coming back through time.”
“All of these possibilities are hard to imagine now, but it could be possible,” he adds.
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However, believing this theory takes some serious mental gymnastics, not least because if time travel is ever invented, we’d probably already know about it. Nobody has ever met a time traveller or seen a time machine.
In 2009, Stephen Hawking hoped to entice a few to show up to his time traveller’s party with champagne and nibbles — but nobody turned up.

Forgetting the time travel aspect for a moment, could an AI have created Bitcoin in 2008? Shaw Walters, the founder of ElizaOS, previously known as AI16Z, tells Magazine it would be “comically impossible.”
“The leading systems in 2008 couldn’t write a single coherent sentence without thousands of hours of human programming to build the relationships between everything,” Walters tells Magazine.

“The first model that could predict what an image contained (i.e., the ‘label’) with more than 50% accuracy was released in 2012. Remember Microsoft’s Clippy? That was cutting-edge, and it was retired in 2007.”
There was very little available compute in those days, explains Kyle Okamoto, the chief technology officer of Aethir.
The most powerful GPU in 2008 was a GeForce GTX 280 with 1 gigabyte of DDR3 memory and 240 CUDA cores, and 930 gigaflops per second.
“You could barely play a game on that,” he tells Magazine.
(As it happens, this author did manage to play several games on his GeForce GTX 280 back in the day.)
“So to think about how many of those you would have to stitch together, and harvest for how long to do some sort of run to build some sort of AI model that had any sort of intelligence at all? You just wouldn’t have the time. You just wouldn’t have the resources… it just theoretically wouldn’t exist,” he explains.
Okamoto says there’s a higher probability that shapeshifting lizard people control the Earth than that AI created Bitcoin in 2008.
Funnily enough, we have a story about that:

Even AI today, with its advanced Will Smith spaghetti-eating video generation capabilities, would probably still struggle to code something like Bitcoin.
“I’m not confident the AI we have today could create Bitcoin, even with a pretty serious engineer behind it,” says Walters.
“AI-enabled programming is obviously the future, but it’s only worked at all for about two years, and the jury is still out on if it codes well.”
Okamoto agrees, noting that ChatGPT, which has grown leaps and bounds in recent years, still makes simple calculation errors today.
“It’s 2025, you know, and you’ve got [GPT-5] now, and they built it with, you know, billions of dollars worth of hardware running for months and months and months. Like the most sophisticated compute hardware in the world and the smartest data scientists in the world. And the thing is wrong on, like, basic math,” he says.
Okamato says while it is plausible that AI could create a new cryptocurrency today based on the existing Bitcoin codebase, it’s a far bigger ask for it to create something wholly original and unique like Bitcoin was at the time.
If it’s plausible for an AI to create cryptocurrency today,then it’ll definitely have the capability to create Bitcoin in the future. But why would it want to?
The theory explains that AI created Bitcoin to entice humans to build a massive, decentralized network of computing power, ensuring it could never be taken offline.
And with 25,000 Bitcoin nodes in the world right now and counting, we’re playing right into its hands.

So all the AI would have to do is invent Bitcoin and then solve the problem of time travel.
Albert Einstein’s theory of relativity tells us that slowing down or speeding up time isn’t really too hard. The flow of time isn’t constant; we can experience time differently based on how fast we’re travelling through space. The faster we travel, the slower time passes (relative to others who are travelling slower).
Scientists proved this in 1971 by putting atomic clocks on commercial airlines that flew twice around the world, finding that they ticked a tiny bit slower than the ones on the ground at the United States Naval Observatory.
However, it becomes significantly trickier once you want to go backward in time.
There are a couple of theoretical ways to do it, and without boring you with the details, these involve either moving faster than the speed of light or creating an “Einstein-Rosen bridge” — a theoretical wormhole that acts as a shortcut through spacetime.
Both are impossible, given our current knowledge of physics. However, quantum entanglement and quantum tunneling both show effects that appear to be faster than light, and transmitting the code for an AI might be easier than sending a human time traveller.

“I worry that the media has vastly distorted the perception of what AI is, how it works, and what it’s capable of,” says Walters, speaking more generally about the current capabilities of AI.
“If millions of people genuinely start believing that Satoshi Nakamoto is a time-travelling AI, that should be an enormous wake-up call for us all. We have bigger problems if normal people believe something that dumb.”
Okamato says the real story of cypherpunks working together to solve the double-spending problem is even better than the time-traveling AI version.
“If you look at the evolution of Bitcoin, it’s the story of people who really cared about something, really believed in it and handed the baton from one to [another], sharing the knowledge they acquired until that final piece, ‘proof-of-work,’ tied it all together,” says Walters.
The post Big Questions: Did a time-traveling AI invent Bitcoin? appeared first on Cointelegraph Magazine.
Efe Kelemci — better known on YouTube as Crypto Kid — is facing a pretty wild decision for an 18-year-old. Should he blow almost a million dollars on a sports car, or hodl?
“I’m thinking, if this bull market is coming to an end, then maybe taking profit into a nice Ferrari could make sense just for passion,” the Dubai-based crypto content creator and entrepreneur tells Magazine.
Before you roll your eyes, the teenage crypto millionaire swears it’s about admiring the sports car’s beauty, not flexing like a stereotypical flashy crypto bro.
“I feel as though I’m a little more of an old soul,” he says, explaining he usually prefers to spend on experiences with family. “I’ve understood quickly that materialism isn’t what gives you happiness,” he adds.
Whether Kelemci caves and buys the Ferrari or not, the fact he even has the option is a testament to how far he’s come. Kelemci has pulled in millions of views on YouTube since launching his own YouTube channel as a 14-year-old in December 2021, and millions more as a co-host on The Moon Show with Carl Runefelt, aka Carl Moon, who’s also a co-founder of the Crypto Kid brand.
But it hasn’t all been a smooth ride for the 18-year-old, who only graduated high school in June. He says he used to get teased for being a crypto geek.
“I got bullied a lot, and I was spending a lot of time in class, just in the corner,” Kelemci says, explaining that it only got worse when one of his classmates discovered his YouTube channel in the early days and word spread fast.
“I was never the cool kid in school, like I was never that guy. I was just sort of the geek, the dork, you know, in the library, researching crypto,” he says.

But things have started to change. “When the content got better, and then when you become, quote, unquote, more successful, then people start appreciating you, respecting you,” he says.
“People started showing you attention, and you became the cool kid involuntarily,” he adds.
Magazine asks whether Kelemci will show off the Ferrari on social media, maybe as a big middle finger to the bullies? He says he might, but not for that reason.
“I’ll make content about it just because I enjoy the car, not for any other purpose,” he says.

It might sting a little to hear that an 18-year-old can afford a better car than you, but you can’t fault Kelemci’s work ethic.
He says he gets to the office around 9 am and stays there until midnight, six days a week.
“Saturday is the only day that I try not to do anything crypto. And then starting Sunday afternoon, I start working again,” he explains.
Kelemci has been making crypto content since December 2021, when he was just 14 years old. He first discovered cryptocurrency at the age of 12, after saving up $1,000 from voice acting gigs.
“I wanted to learn how I could take this $1,000 that I made from voice acting, and, you know, invest and grow that money,” he says.
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He stumbled across Real Vision founder Raoul Pal’s videos online.
“He was talking about Ethereum. Ethereum was like, $400 I think, when I first saw that video, and he was talking about how it goes to many, many thousands of dollars,” he says.
At first, Kelemci thought the numbers were coming out of thin air, but then learned about technical analysis and went down the rabbit hole.
He got his dad to open a crypto exchange account with him, and the rest is history. However, he wasn’t content with just watching YouTube videos; he wanted to be an actual part of the crypto industry.
When he saw popular Dubai-based crypto influencers like Davinci Jeremie and Tone Vays posting about meetups in Dubai, he figured, Why not attend one. At 13, Kelemci asked his parents to take him along so he could see what the crypto world looked like in real life.
“I remember texting Davinci on Instagram. Was like, ‘Hey, man, and I’m 13. I know it is your event? Are you guys gonna allow me?’ He didn’t reply, but I went, and it was cool,” he laughs.

It turned out to be a great decision. Being the youngest actually worked in his favor:
“Because I was the youngest, you know, out of the crowd, there were a lot of people who wanted to meet these guys, but because I was younger, they gave me extra care.”
He recalls two crypto influencers specifically, James Crypto Guru and Tones Vays, who provided him with loads of their content to review and revise and a few months later, encouraged him to start his own channel.
“They just said, Hey, dude, you like acting, you like theater. You like being on screen. Why don’t you start your own YouTube channel?” he explains.
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So he did. At first, he tried to figure out everything on his own, experimenting and learning by doing. But things really took off when he met Carl Runefelt.
“He [Runefelt] said, Hey, you know, I’ve done this. I’ve been doing this since 2017. You’re very young. Why don’t I help you build your brand, and why don’t we do this together? So he essentially became a co-founder,” he recalls.
Runefelt helped coach him and grow the brand, and now the two are closer than ever, even co-hosting a show.
Kelemci credits a lot of his success to Runefelt, describing him as the most inspiring person he has ever met.
But the obvious question stands…what happens when The Crypto Kid isn’t exactly a kid anymore?
Turns out, Kelemci’s already got that part figured out, too.

“My vision for the brand is to sort of make it evolve into almost a Coin Bureau for the younger generation,” he says.
“I want Crypto Kid to be the platform they go to to learn everything, A to Z. So that’s what I want the brand to evolve toward,” he explains. Whether he’ll still be front and center down the track, he’s not so sure.
“I would probably just take a little bit of a step back, maybe,” he says.
“I am Crypto Kid, but maybe in the future, it will just evolve into a bigger media company,” he says.
And who knows, Kelemci might not even stay in crypto. He still has dreams of chasing his childhood passion of becoming a successful actor.
The post If the crypto bull run is ending… it’s time to buy a Ferrari: Crypto Kid appeared first on Cointelegraph Magazine.
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Calastone has once again turned to Polygon as its tokenization technology provider. This new collaboration will enable asset managers to distribute Calastone’s Tokenized Fund Share Classes using Polygon’s blockchain.
Calastone has integrated Polygon’s blockchain technology into its Tokenized Distribution platform. Starting Wednesday, asset managers can use Polygon’s infrastructure to distribute fund share classes on-chain.
Simon Keefe, Head of Digital Solutions at Calastone, emphasized that “Markets are demanding more efficient, transparent infrastructure, and blockchain is ready to deliver at scale.” He highlighted the seamless connection between Calastone’s Tokenized Distribution platform and Polygon’s ecosystem.
The integration allows fund managers to tap into the benefits of blockchain technology. Polygon’s platform offers streamlined fund distribution, cutting settlement times and reducing operational costs. This advancement does not disrupt the existing administrative processes of fund managers.
Tokenized Fund Share Classes Offer Blockchain Advantages
Tokenized Fund Share Classes are digital representations of traditional mutual funds or ETF shares. These digital shares are backed by real, regulated fund units held in custody. They allow fund managers to leverage blockchain technology while keeping the structure and operations of the fund intact.
This new offering is part of Calastone’s strategy to enhance its global funds network. Calastone connects over 4,500 firms across 56 markets, providing automated order routing, settlement, and dividend services. By integrating Polygon, Calastone expands its offering to include blockchain-based solutions for the financial industry.
The Tokenized Distribution platform first launched in April, supporting Ethereum, Polygon, and Canton. With Polygon’s inclusion, fund managers now have the option to distribute shares directly on-chain.
The partnership marks a major milestone for Calastone, Polygon, and their combined global networks. Calastone’s platform can now leverage Polygon’s blockchain to reach a vast pool of capital. This move is expected to enhance the efficiency of fund distribution on a global scale.
Calastone’s extensive global network, combined with Polygon’s blockchain infrastructure, aims to make fund distribution faster and more cost-effective. As blockchain adoption grows, Polygon’s role in this ecosystem continues to expand, positioning it as a key player in the future of tokenized asset management.
The post Calastone Integrates Polygon Blockchain for Efficient Fund Distribution appeared first on Blockonomi.
Bitcoin Depot (Nasdaq: BTM), the largest Bitcoin ATM operator in North America, has announced its expansion into the Asian market. The company is launching operations in Hong Kong, marking its first international move into the region. The expansion aims to cater to the growing demand for cash-to-crypto services in Asia.
Bitcoin Depot’s move comes as Hong Kong positions itself as a global hub for digital assets. The company plans to become one of the top five Bitcoin ATM operators in the city. According to Bitcoin Depot’s president, Scott Buchana, “Hong Kong is quickly becoming a global center for crypto, with the right mix of regulation, demand, and momentum.”
To legally operate Bitcoin ATMs in Hong Kong, Bitcoin Depot must comply with local regulations. The company must secure a Money Service Operator license from the Customs and Excise Department. Bitcoin Depot’s spokesperson confirmed that the company has worked closely with local partners to ensure full compliance with licensing, Anti-Money Laundering (AML), and Know Your Customer (KYC) standards.
The Hong Kong government’s progressive regulatory stance has made the city attractive for cryptocurrency companies. Bitcoin Depot’s adherence to these regulations ensures its operations meet local requirements. Bitcoin Depot’s expansion reflects the increasing demand for Bitcoin ATMs in Hong Kong’s digital asset market.
There are currently 223 Bitcoin ATMs operating in Hong Kong, according to Coin ATM Radar. Bitcoin Depot aims to capture a portion of this growing market with its new installation of ATMs. The company’s entry into Hong Kong follows a global trend of increasing Bitcoin ATM deployments.
Bitcoin Depot’s global expansion is part of a broader trend of increasing Bitcoin ATM installations. The total number of Bitcoin ATMs worldwide has risen by 177% since 2021, reaching 39,469 machines. Bitcoin Depot, with its strong position in North America, aims to replicate its success in Hong Kong and other markets.
Bitcoin Depot’s move comes amid the growing popularity of digital assets in Hong Kong. The city continues to emerge as a digital asset innovation hub, thanks to its favorable regulatory environment. The company’s expansion signals its intention to capitalize on this momentum in the region.
The post Bitcoin Depot Launches First International Bitcoin ATMs in Hong Kong appeared first on Blockonomi.
Waning global demand and rising input costs threaten China’s growth model, while deflation pressures ease ahead of critical economic releases.
Weak Chinese export data hit the Hang Seng Index and AUD/USD, raising concerns about growth, labor markets, and the risk of fresh Beijing stimulus to stabilize the economy.