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%…
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EU Plans to Give ESMA Greater Powers Over Crypto and Stock Market Supervision
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…
US National Debt Nears $38 Trillion, Adds $6B Daily as Gold and Bitcoin Hit ATH – Is BTC the Answer?
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 Exec Says GENIUS Act Will End Banks’ ‘Rip-Off’ of Retail Depositors with Low Rates
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…
From Tether to STBL: Reeve Collins Charts the Future of Stablecoins and Web3
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…
Unity Patches Android Game Vulnerability That Risked Crypto User Security
Unity Technologies has released a critical security patch for its game engine, addressing a vulnerability that could have exposed Android-based mobile gamers, including crypto users, to potential attacks. Key Takeaways: Unity patched a critical security flaw affecting Android-based apps, including blockchain games and crypto wallets. The bug, active since 2017, allowed local code execution and…
Fiscal Fears Fuel Flight to Bitcoin, Gold as Major Currencies Falter
Mounting fiscal uncertainty in major economies is accelerating a shift into Bitcoin, gold, and silver, as investors brace for further currency debasement. Key Takeaways: Investors are moving into Bitcoin, gold, and silver as fears of currency debasement rise in major economies. Japan’s yen dropped 1.6% after pro-stimulus politician Sanae Takaichi led the PM race, adding…
US Spot Bitcoin ETFs Enjoy Second-Highest Weekly Inflows To Date
US spot Bitcoin exchange-traded funds (ETFs) drew in $3.24b last week, marking their second-largest week of inflows since launching in January 2024. The surge reflected renewed investor demand as Bitcoin prices climbed to fresh record highs. Data from SoSoValue showed that only the week ending Nov. 22, 2024, saw higher inflows at $3.38b. The latest…
Vietnam Yet To Receive Proposals For Digital Asset Trading Pilots: Ministry
The Vietnam Finance Ministry said it has not yet received any proposals from enterprises seeking to participate in the country’s digital asset trading pilot, even as the government pushes ahead with plans to regulate the sector. Deputy Finance Minister Nguyen Duc Chi shared the update at a Sunday press briefing when asked about the number…
[LIVE] Crypto News Today: Latest Updates for Oct. 06, 2025 – Bitcoin Holds Steady Near $124K, Ethereum Trades Above $4.5K as Bullish Momentum Grows
Crypto market is showing extremely bullish signals with Bitcoin hitting an all-time high over the weekend and currently holding steady near $123,800, while Ethereum trades above $4,530. According to Coinglass, $428 million in liquidations took place in the past 24 hours, including $186 million from longs and $243 million from shorts. Bitcoin positions saw $54.4…









