Category: Reviews

UAE Telecom Giant du Enters Crypto Mining

Key Notes Telecom company du has launched a cloud miner in the UAE. The contracts reportedly begin at 250 TH/s. The first auction for these contracts runs from November 3 – 9. The UAE-based telecom giant du has launched its “Cloud Miner,” a mining-as-a-service platform, which will take care of hardware, electricity, and maintenance for its customers. According to a report by The National, du’s Cloud Miner allows UAE residents to subscribe to crypto-mining capacity instead of buying hardware. This lowers the barrier for everyday users to participate in crypto…

Michael Saylor Announces 10.5% STRC Monthly Dividends as Bitcoin Treasuries Take $20B Haircut in October

Key Notes Strategy raises STRC monthly dividend to 10.5%, up from 10.25% last week. Bitcoin treasury firms shed $20 billion in market cap as BTC fell 8%. Despite losses, total Bitcoin holdings by treasury firms increased by 3,970 BTC in October. Michael Saylor-led Bitcoin-focused firm Strategy has announced a 10.5% monthly dividend on its STRC stock, signaling confidence in its Bitcoin-backed financial structure. The move follows a positive Q3 report, where the company declared $3.9 billion in profits, a massive improvement from $432.6 million in losses recorded in Q3 2024.…

Litecoin Price Nears $100 as Canary’s LTCC ETF Pulls $1.65M in First Week Trading

Key Notes Canary’s LTCC ETF recorded $1.64 million in net assets by October 31. Litecoin trails Solana and Hedera ETFs in investor inflows. Stake.com now accounts for roughly 16% of Litecoin’s daily on-chain transactions. Litecoin price closed October at $99, gaining 3% as the U.S. welcomed its first Litecoin ETF. Canary’s LTCC fund began trading on October 28, joining Solana and Hedera ETFs as the latest cryptocurrency derivatives assets listed for regulated trading in the US. According to data from SoSoValue, LTCC’s cumulative total net inflow reached $719,970, with $802,260…

MEXC at Risk of Bankrun Amid Insolvency Rumors

Key Notes About $5.5 billion had been withdrawn from MEXC within a short time. Users are now facing delays in withdrawals and suspect that the firm is in the middle of undisclosed insolvency. MEXC has denied the claims and promised to update its Merkle tree data later, allowing users to verify the reserves directly. There are suspicions that cryptocurrency exchange MEXC is facing insolvency, especially after massive withdrawals were noticed on the platform. Users reportedly experienced delays when attempting to withdraw their funds. This was after about $5.5 billion had…

Charles Hoskinson Reacts to Scott Bessent’s Bitcoin Post

Key Notes US Treasury Secretary Scott Bessent posted on X about Bitcoin’s reliability over the last 17 years. Charles Hoskinson is somewhat surprised that he made the post as an elected official. Bitcoin has seen more mainstream and institutional adoption this year. Cardano founder Charles Hoskinson finds it amusing that the United States Treasury Secretary is advocating for Bitcoin (BTC). He suggested this stance in an X post from November 1 after Scott Bessent made a post acknowledging the publication of the Bitcoin Whitepaper 17 years ago. US Pro-crypto Administration…

Dogecoin Price In A Do or Die Situation, Will DOGE Bulls Charge Back?

Key Notes Dogecoin price 50-day and 200-day EMAs have formed a “Death Cross,” confirming weakening momentum. DOGE whales have offloaded roughly 1.05 billion DOGE, worth over $180 million, in the past week. Some analysts remain optimistic despite the selloff, projecting 800% upside for DOGE in the current market cycle. The world’s largest meme coin Dogecoin (DOGE) has come under a strong bearish grip, falling 7% over the past week, and is currently flirting with $0.18. Furthermore, the daily trading volume for DOGE has tanked by 51%, and is currently at…

Bittensor Jumps 20% After Debut of Europe’s First Staked TAO ETP

Key Notes Bittensor price surged 20% to $490 following the launch of Europe’s first staked TAO ETP. Deutsche Digital Assets and Safello listed the Safello Bittensor Staked TAO ETP (STAO) on the SIX Swiss Exchange. Investor interest grows ahead of Bittensor’s upcoming halving, expected to reduce block rewards and tighten TAO supply. Bittensor (TAO) price rallied 20% on Friday, October 31, climbing from $414 to $490 after the debut of Europe’s first staked TAO exchange-traded product (ETP). The rally follows the launch of the Safello Bittensor Staked TAO ETP (ticker:…

HRF Warns Quantum Computers Could Break Bitcoin Encryption Within 5 Years

Key Notes Experts estimate quantum computers capable of breaking Bitcoin encryption could emerge within 5-10 years based on recent IBM and Google advances. Dormant Satoshi-era coins totaling 1.72 million BTC in outdated address formats face highest risk from quantum algorithm attacks. Bitcoin community remains divided on whether to burn vulnerable coins or migrate them, with proposed quantum-resistant solutions creating major scaling issues. The Human Rights Foundation published a report on Oct. 31, 2025, warning that cryptographically relevant quantum computers pose a significant threat to Bitcoin BTC $109 456 24h volatility:…

Jack Dorsey’s Square Gifts 20,000 Users $50 to Enable Bitcoin Conversations

Key Notes Square’s Bitcoin Conversations lets merchants discuss and learn about BTC directly within their payment dashboard as part of adoption strategy. The platform previously introduced a zero-fee Bitcoin wallet for local businesses extending through 2026 to drive mainstream usage. Corporate Bitcoin accumulation accelerates with Coinbase adding 2,772 BTC and Prenetics purchasing 100 more coins in recent disclosures. Square, a crypto payments platform founded by X co-founder Jack Dorsey, has launched a Bitcoin BTC $109 770 24h volatility: 2.8% Market cap: $2.19 T Vol. 24h: $64.01 B promotional campaign to…