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Danny Chong, Co-Chair of Digital Assets Association, the organiser of the inaugural Digital Assets Summit 2025, delivered his opening speech. “With opportunity comes responsibility. Education is key to the growth of the digital asset industry. In the past five years, the pace of convergence between established financial institutions and decentralised innovators has accelerated dramatically. The…
In 2025, cloud mining has rapidly emerged as a popular way for cryptocurrency enthusiasts to earn passive income. Compared to traditional hardware mining, cloud mining platforms require no expensive equipment or high electricity costs—users can easily start mining Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) with just a smartphone or computer. Today, more and more…
On October 5th, Bitcoin surged sharply, returning to a recent high of approximately $125,000. This triggered a surge in forced liquidations within a short period of time—monitoring shows hundreds of millions of dollars liquidated in the past 24 hours, with reports indicating that 120,000 traders were liquidated. This market rally was driven by macroeconomic uncertainty…
The past few weeks have reminded traders how unforgiving crypto markets can be. A sharp correction erased billions in value, liquidating leveraged positions and shaking confidence across the board. Yet, for long-time participants, these violent resets often serve as the prelude to the next leg higher. Market Recap: From $4.17T Peak to September Slump The…
DeFiLlama has removed perpetual futures volume data for Aster, a decentralized exchange backed by figures linked to former Binance CEO Changpeng Zhao, after detecting trading volumes that mirrored Binance’s nearly 1:1 across multiple trading pairs. Co-founder 0xngmi announced the delisting on October 5, 2025, citing concerns over data integrity. According to the announcement, Aster’s volumes…
The crypto market is down today, with the cryptocurrency market capitalization falling by 0.9%, now standing at $4.33 trillion. Fewer than 10 of the top 100 coins have appreciated over the past 24 hours. At the same time, the total crypto trading volume is at $193 billion. TLDR: The crypto market capitalization is down 0.9%…
The European Commission is preparing sweeping changes that could hand over direct supervisory authority of stock exchanges, cryptocurrency firms, and clearing houses to the EU’s markets watchdog, the European Securities and Markets Authority (ESMA). Key Takeaways: The European Commission plans to shift oversight of stock exchanges, crypto firms, and clearing houses to ESMA. ESMA argues…
The United States’ (US) national debt has surged to $37.88 trillion as of October 2, 2025, growing at a rate of $69,891 per second, or approximately $6 billion daily, over the past year, according to Congressman David Schweikert’s Daily Debt Monitor. The debt has increased by $2.2 trillion since October 2024, amounting to $283,098 per…
Multicoin Capital managing partner Tushar Jain has predicted that the GENIUS Act will trigger a competitive upheaval in retail banking, with major technology companies poised to challenge traditional banks by offering stablecoin products with superior yields and user experiences. Jain argued that banks have long exploited retail depositors by paying minimal interest rates. He foresaw…
Stablecoins took centre stage at Token2049 last week in Singapore, with Tether co-founder Reeve Collins emphasizing that “all currencies” would become stablecoins by 2030. After laying the foundation for Tether, the world’s most widely used stablecoin, Collins is now building what he calls ‘Stablecoin 2.0.’ In an exclusive interview with Cryptonews, he shares insights on…