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While the bank ultimately wants Redcoin, one of the first regulated Hong Kong dollar stablecoins, to reach millions, the token has already seen meaningful adoption just one week after launching through the bank’s channels. HSBC Reaches 50K Users After Launch HSBC has reached a milestone in its digital asset business, with Redcoin, its Hong Kong […]
Strategy acquired 811 bitcoins for approximately $65.5 million, bringing its total holdings to 849,327 BTC and U.S. dollar assets to $4.9 billion. Record Earnings and Financial Growth Bitcoin treasury giant Strategy has acquired 811 bitcoins for approximately $65.5 million alongside a repurchase of $208.2 million in STRC preferred stock. The transaction brings Strategy’s total holdings […]
Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility. Glassnode says even a pullback toward $75,800 could leave the broader technical setup intact. Bitcoin Closes Above 50-Week Average for 7th Straight Week Bitcoin just absorbed one of crypto’s largest exchange hacks […]
Following Prime Minister Benjamin Netanyahu’s proposal to use cryptocurrencies to evade potential banking sanctions, Israeli crypto industry leaders have pushed back, warning that such rhetoric hurts the domestic Web3 ecosystem. Industry Leaders Push Back Against Sanctions Rhetoric Israeli Prime Minister Benjamin Netanyahu’s suggestion that the country could use cryptocurrencies to evade potential banking sanctions, and […]
Bitcoin ETFs lost $202.59 million in the week through Oct. 30 after a violent Friday reversal erased four days of inflows. Ether suffered an even steeper $431.53 million withdrawal, while solana posted its largest weekly outflow on record. Bitcoin’s Friday Reversal Erases 4 Days of ETF Buying For most of the week, bitcoin exchange-traded funds […]
In each of the last three cycles, bitcoin bottomed 13 to 71 days after a U.S. midterm election. Americans vote again on Tuesday, and Polymarket gives a Democratic sweep 72% odds. The Midterm Pattern Crypto researchers have bitcoin’s last three cycle bottoms came soon after the U.S. midterms: In 2014, the low arrived 71 days […]
The two most profitable traders on Hyperliquid this month hold more than $1 billion in combined short positions. The larger account is short 22 assets at once and is still adding. Short Everything Seems to Be the New Mantra Crypto trackers flagged a position showing the largest whale on Hyperliquid shorting more than $610 million […]
Binance’s tracked assets have fallen by about $16.6 billion since the Oct. 29 hack. Its full zero-knowledge reserve proof, first promised for Monday, is now due Tuesday, Nov. 3. A $15.7 Billion Drawdown Data from analytics platform Defillama shows the value of Binance’s tracked exchange assets fell from about $144.9 billion on Oct. 29 to […]
The Binance hacker has moved all 233.46 million stolen XRP, worth about $293 million, into six new wallets. The coins had sat untouched for roughly 80 hours. The Stolen XRP Wakes up The attacker’s holding address on the XRP Ledger (XRPL) started sending test payments of 1,000 XRP to six new wallets at 03:47 UTC […]
GreatCollections sold a 1971-S Eisenhower dollar prototype for $189,000 on October 18, 2026, after it was originally picked up for less than $10 at the Long Beach Coin Expo in 2008. The Judd-2147 piece is one of just three known examples, featuring an earlier reverse with extra lunar craters that was changed before the Ike […]
In September 2002, record collector Warren Hill picked up an unmarked acetate at a Chelsea, New York, sidewalk sale for 75 cents. The disc turned out to be a one-off 1966 Scepter Studios recording session tied to The Velvet Underground and frontman Lou Reed, and it later sold on eBay in December 2006 for $25,200. […]
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The opinion editorial below was written by Michael Handelsman for Kelman.Law. This week brought significant developments concerning prediction markets, offshore exchanges, digital-asset taxation and international crypto fraud. The […]
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