Category: Reviews

Trump Grants Pardon to Binance Founder Changpeng Zhao

Key Notes White House labels CZ’s prosecution as part of Biden’s alleged war on cryptocurrency innovation. Reports reveal Trump family discussions with Binance about US division investment amid pardon campaign. Presidential pardon removes legal barriers but doesn’t automatically restore Zhao’s executive authority at Binance. President Donald Trump has issued a pardon to Changpeng Zhao (CZ), the founder of the cryptocurrency exchange Binance, the White House said on Thursday, October 23. The pardon follows Zhao’s 2023 conviction for failing to maintain an adequate anti-money-laundering system. Zhao had served a four-month sentence…

Shiba Inu Burn Rate Jumps 2,713%

Key Notes SHIB supply was crushed today after its burn rate spiked by 2,713%. With the latest incineration of 4,764,442 tokens, the total SHIB burn for the initial supply is 410,752,702,962,590. SHIB price increased by only 0.89% amid a stalled push to monthly high. Shiba Inu SHIB $0.000010 24h volatility: 1.2% Market cap: $5.94 B Vol. 24h: $172.94 M has seen its burn rate spike by 2,713% in the last 24 hours, per data from Shibburn, the dedicated burn tracker for the protocol. This burn marks further supply shock for…

KuCoin Launches KuPool for DOGE & LTC Mining, BTC Next

Key Notes KuCoin has launched KuPool, a new mining pool service starting with Dogecoin and Litecoin. The platform will feature a transparent, trust-based hash rate verification model. Bitcoin mining support and additional proof-of-work tokens will be added soon. Seychelles-based crypto exchange KuCoin has announced the launch of its new mining pool service, KuPool. The initiative offers support for proof-of-work (PoW) assets such as Dogecoin DOGE $0.20 24h volatility: 2.2% Market cap: $29.64 B Vol. 24h: $1.95 B , Litecoin LTC $93.89 24h volatility: 1.4% Market cap: $7.18 B Vol. 24h:…

Bitcoin Supporters Slam Carlson for CIA Satoshi Claim

Key Notes Tucker Carlson has chosen to invest in gold and not Bitcoin because of the unknown identity of Satoshi Nakamoto. He recently claimed that the pseudonymous Bitcoin creator may be connected to the CIA. His statement earned him intense backlash from Bitcoin bulls like Jack Mallers. Tucker Carlson has faced intense backlash for suggesting that pseudonymous Bitcoin BTC $109 673 24h volatility: 1.6% Market cap: $2.19 T Vol. 24h: $65.01 B creator Satoshi Nakamoto is likely linked to the CIA. Bitcoin Marxists and supporters spared the American conservative political…

Reform UK Leader Farage Opens Party for Crypto Donations

Key Notes Reform UK begins accepting crypto donations. Nigel Farage says he was pro-crypto before Trump, dismissing copycat claims. The party plans pro-crypto reforms, including a Bitcoin reserve and lower crypto taxes. British populist leader Nigel Farage announced that Reform UK has started receiving crypto donations. The party had already received “a couple” of crypto donations but did not specify the amount or the donors. Farage clarified that, to his knowledge, no crypto companies have directly donated to the party. However, he added that there may have been some event-related…

CZ Challenges Peter Schiff on Gold Tokenization

Key Notes Bitcoin critic Peter Schiff announced plans to launch a tokenized gold product, allowing users to buy and transfer gold digitally. Changpeng Zhao stated that tokenized gold often depends on trust in third-party custodians, making them “trust me bro” tokens. Schiff defended the model, arguing that gold has long relied on trusted custodians like Brinks. Bitcoin BTC $109 221 24h volatility: 1.6% Market cap: $2.18 T Vol. 24h: $72.43 B critic Peter Schiff is entering the real-world assets (RWA) tokenization space, planning to launch a tokenized gold product. However,…

Cathie Wood’s Ark Invest Buys $21M Worth in Robinhood Stock

Key Notes On October 22, Ark Invest revealed that it purchased 167,489 Robinhood shares for $21 million. The shares were acquired through Ark Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). Robinhood has been making an effort towards the expansion of its operations. Top asset management firm Ark Invest has invested $21 million into the acquisition of Robinhood Markets (NASDAQ: HOOD) stock. This marks another routine rebalancing of its financial portfolio. Noteworthy, the stocks were distributed across two of the firm’s Exchange Traded Funds (ETFs). Acquisition and Offloads…

WazirX to Restart Trading with Zero Fees

Key Notes WazirX will resume trading with zero trading fees for at least 30 days. Phased relaunch aims to enable full functionality by October 27. The exchange has partnered with BitGo to enhance asset security and custody. India’s once-leading exchange, WazirX, will resume operations on Oct. 24 after the High Court of Singapore approved its restructuring plan. This marks the end of a turbulent chapter for the exchange following a massive security breach in 2024. To welcome users back, WazirX has announced that all trading will start with zero fees…

Bitcoin ETFs Bleed $100M, Analysts Fear Major Support Break

Key Notes Bitcoin ETFs recorded $101 million in outflows on October 22. BTC price is testing key support around $108,000 amid growing selling pressure. Long-term holders are taking profits while volatility rises in options markets. US spot Bitcoin BTC $109 456 24h volatility: 1.5% Market cap: $2.18 T Vol. 24h: $77.48 B exchange-traded funds (ETFs) registered a combined $101 million in net outflows on Oct. 22, while BlackRock’s iShares Bitcoin Trust (IBIT) managed an inflow of $73.6 million. Meanwhile, Ethereum ETFs mirrored the trend, with a total net outflow of…

HYPE Token Soars 12% on $1B Accumulation News

Key Notes HYPE price rally comes with daily volumes up 20% to $690 million and open interest rising to $1.55 billion. Following the renewed bullish sentiment, the DEX altcoin is eyeing a major breakout rally all the way to its all-time highs. Hyperliquid Strategies Inc will issue around 160 million shares of common stock to fund its HYPE token acquisition plan. Defying the broader crypto market downside on Oct. 23, HYPE HYPE $39.26 24h volatility: 11.0% Market cap: $10.63 B Vol. 24h: $709.67 M , the native cryptocurrency of the…