Tag: Report

Solana ETF Era Could ‘Reshape’ Its Price Trajectory – Report

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Following the launch of the first Solana (SOL) Exchange-Traded Funds (ETFs) in the US, Bybit analysts believe that the cryptocurrency could enter a multi-quarter rally fueled by institutional demand. Related Reading Solana ETF Era To ‘Reshape’ Price Trajectory On Friday, crypto exchange Bybit discussed the potential impact of the recently launched Bitwise Solana Staking ETF (BSOL) and Grayscale Solana Trust ETF (GSOL) on the altcoin’s long-term narrative and performance. In its Crypto Insights Report, the exchange noted that the altcoin joined Bitcoin (BTC) and Ethereum (ETH) as one of the…

Hashprice Near Critical Level, Bitcoin Miners Feel the Squeeze: Report

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Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has been in steady decline since July, when it surged above $62 per PH/s. The push toward the $40 level leads Bitcoin mining operations, which are already facing razor-thin profit margins, to consider shutting down their…

Web3 gaming, DeFi lead sector activity in October despite market decline: Report

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Despite a dip in active wallets and DeFi losses, blockchain gaming and decentralized finance continued to drive most Web3 activity last month. Blockchain gaming and decentralized finance (DeFi) remained the most active sectors in Web3 in October, despite a 3% decline in total daily active wallets to 16 million, according to a new report from DappRadar. Web3 gaming accounted for 27.9% of all decentralized application (DApp) activity over the past month, its highest share of the year, while DeFi maintained solid engagement at 18.4%, despite market volatility and ongoing regulatory…

US lawmakers to meet with Trump’s crypto czar, discuss bill: Report

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Some experts suggest that the US Senate is more likely to pass a funding bill to reopen the government before any crypto legislation. Discussions over the digital asset market structure bill currently being considered in the US Senate are reportedly still happening amid the longest government shutdown in the country’s history. According to a Tuesday Politico report, Republican Senator John Boozman with the Senate Agriculture Committee — one of the committees that will need to approve the bill before consideration in the full chamber — will discuss the market structure…

Binance CEO Denies Allegations Company Pushed Trumps’ Stablecoin: Report

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Richard Teng, CEO of the global cryptocurrency exchange Binance, has reportedly denied allegations that the company played a role in selecting a stablecoin issued by a Trump family-backed crypto business as part of a multibillion-dollar deal.  According to a Tuesday CNBC report, Teng said Binance “didn’t partake” in the decision to use USD1, the stablecoin launched by the Trump family’s World Liberty Financial business, for a $2 billion deal with an Abu Dhabi-based company, MGX. The Binance CEO spoke amid scrutiny from many lawmakers after US President Donald Trump issued…

Sen. Warren Says CZ Legal Threats ‘Without Merit’: Report

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A lawyer for US Senator Elizabeth Warren has hit back at allegations that she defamed Binance founder Changpeng Zhao in a social media post following US President Donald Trump’s pardon of him. The New York Post reported on Tuesday that Zhao’s lawyer, Teresa Goody Guillén, threatened to sue Warren for “defamatory statements that impugn his reputation” unless she removed an Oct. 23 X post that cited “corruption” in Trump’s pardon of Zhao that same day. Warren’s lawyer Ben Stafford said in a letter to Goody Guillén on Sunday obtained by…

Cryptoquant Report Shows US Bitcoin and Ethereum Appetite Taking a Breather

According to researchers at Cryptoquant, demand for bitcoin and ethereum in the U.S. has cooled significantly across spot and derivatives markets after the September rally. Cryptoquant: Coinbase Premium Drop Signals Fading U.S. Buying Pressure A new Cryptoquant report shows that U.S. investors are easing off bitcoin and ethereum exposure, signaling a cooling phase rather than […] Source CryptoX Portal

Trump Admin Eyes Investment in US-Based Quantum Computer Companies: Report

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The United States is reportedly in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests. Department of Commerce officials are exploring investing in quantum computer technology using funds earmarked for the CHIPS Act to remain competitive with China, Bloomberg reported on Thursday. The officials signaled that the government wants something in exchange for the financing, which could include a stake in the companies, the sources said.  The US government offered a similar deal to chip manufacturer Intel in August 2025, when it…

Crypto Market Sees ‘Particularly Robust’ Q3 Performance – Report

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A recent MEXC Q3 report highlighted the strong performance of the crypto market during the last quarter, which saw active traders surge as the total crypto market capitalization climbed to the $4 trillion mark. Related Reading Spot Market Sees Strong Q3 Performance On Wednesday, crypto exchange MEXC published its Q3 2025 Ecosystem & Growth Report, highlighting sustained expansion, robust user activity, and security from the previous quarter. According to the report, the exchange experienced strong activity and trading momentum during the market run between July and September, with over 680…

Report: Kraken Revenue Doubles as Exchange Eyes 2026 US IPO

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Kraken’s quarterly revenue more than doubled as the crypto exchange accelerates plans for a U.S. public listing in 2026. Bloomberg reported on Wednesday that Kraken disclosed a 114% year-over-year jump in third-quarter revenue to $648 million, with adjusted earnings hitting $178.6 million, marking a strong turnaround from a slight loss a year earlier. The report […] Source