Author: Crypto Editor
Iran’s crypto mining trade is dealing with a widespread unlawful mining disaster, with authorities estimating that over 95% of the nation’s 427,000 energetic mining gadgets are working with out authorization.Akbar Hasan Beklou, CEO of the Tehran Province Electrical energy Distribution Firm, stated on Sunday that Iran has change into the world’s fourth-largest crypto mining hub, fueled by the nation’s closely sponsored electrical energy costs, which have made it a “paradise for unlawful miners.” These unlicensed operations devour greater than 1,400 megawatts of energy across the clock, inserting immense stress on the nationwide grid and threatening the steadiness of electrical energy…
Whereas XRP value prediction fashions counsel modest consolidation towards $2.61 by November, rising challenger Remittix is reshaping market narratives with its modern cost solution. XRP value has struggled sustaining momentum regardless of institutional backing, now buying and selling cautiously close to help ranges. In the meantime, the $0.11 token Remittix leverages CertiK-verified safety and real-time fiat conversion throughout 30+ nations—immediately difficult XRP’s cross-border dominance. As Remittix approaches important milestones with its reside pockets beta, analysts more and more query whether or not XRP value can compete with initiatives delivering tangible, on a regular basis cost utility. Right here’s all it…
Bitwise’s newly launched Staking Solana (BSOL) exchange-traded fund (ETF) made a robust market debut in its first buying and selling week. The fund drew unprecedented investor curiosity and surpassed all different crypto ETFs globally in weekly inflows.On November 1, Bloomberg ETF analyst Eric Balchunas reported that BSOL attracted roughly $417 million in its first week of buying and selling. That efficiency positioned the fund among the many prime 20 ETFs throughout all asset lessons by internet inflows.Sponsored SponsoredBSOL Attracts Report Inflows however Solana Token Worth SlipsFor context, BSOL’s inflows have been almost ten occasions bigger than the NEOS Bitcoin Excessive…
37.5M ADA value $22.8M moved off Coinbase, signaling whale accumulation. ADA’s holding regular between $0.60–$0.62, forming a powerful accumulation base. Rising futures exercise and deepening change outflows counsel a bullish setup for a transfer towards $0.70–$0.87. Cardano (ADA) appears to be waking up once more. An enormous $22.8 million switch—roughly 37.5 million ADA—from Coinbase to an unknown pockets has caught the market’s consideration, hinting at one thing larger brewing behind the scenes. Trade knowledge exhibits constant adverse netflows, with the newest determine sitting round -$3.02 million. Which means whales are transferring their holdings off exchanges, a transfer that often screams…
Faruk Fatih Ozer, the founder and former CEO of defunct cryptocurrency trade Thodex, has died in a Turkish jail whereas serving an 11,196-year sentence for fraud and different monetary crimes, in keeping with native media experiences.Authorities mentioned Ozer was discovered hanging within the toilet of his single-person cell on the Tekirdağ F-Kind Excessive Safety Closed Jail. Justice Minister Yılmaz Tunç confirmed that an investigation into his demise is underway, although preliminary findings level to suicide. Ozer was convicted in 2023 alongside his brother and sister for crimes together with aggravated fraud, cash laundering, and main a felony group. The trio’s…
They are saying journalists by no means actually clock out. However for Christian, that is not only a metaphor, it is a life-style. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding phrases like a seasoned editor and crafting articles that decipher the jargon for the lots. When the PC goes on hibernate mode, nevertheless, his pursuits take a extra mechanical (and generally philosophical) flip. Christian’s journey with the written phrase started lengthy earlier than the age of Bitcoin. Within the hallowed halls of academia, he honed his craft as a characteristic author for his faculty paper.…
Is Shiba Inu trapped?Shiba Inu’s weak constructionWith buying and selling exercise drying up on main exchanges and quantity ranges falling dangerously near zero, Shiba Inu remains to be underneath rising stress. Investor curiosity within the once-hyped meme token seems to be waning as quick as volatility itself, as evidenced by the declining participation.Is Shiba Inu trapped?SHIB has been trapped in a slim consolidation vary for weeks, failing to attract vital shopping for energy or retail inflows. It’s at present buying and selling near $0.0000102. Following a vicious October crash, the token is shifting slowly alongside the short-term ascending trendline on…
XRP has been buying and selling with comparatively low volatility in current weeks, consolidating under key resistance ranges as broader market momentum stalls. Whereas the current bounce from help suggests short-term patrons are nonetheless current, the value stays trapped in a variety with out clear bullish conviction. Technical Evaluation By Shayan The USDT Pair On the USDT pair, XRP is hovering round $2.50, nonetheless under the confluence of the 100-day and 200-day transferring averages. After the sharp liquidation wick into the demand zone, the asset bounced rapidly however failed to interrupt again above the important thing resistance close to $2.60.…
Alvin Lang Nov 02, 2025 08:37 Prince Andrew is below scrutiny for internet hosting crypto businessmen at Buckingham Palace linked to a failed £1.4M take care of Sarah Ferguson, prompting issues over royal privileges. Prince Andrew finds himself embroiled in controversy as soon as once more, following revelations that he hosted a personal go to to Buckingham Palace for cryptocurrency businessmen. The go to, linked to a failed £1.4 million deal involving his ex-wife Sarah Ferguson, has raised important questions on his use of royal privileges for personal enterprise dealings, in line with a BBC investigation. Prince Andrew Welcomed Crypto…
In short Coinbase disclosed $1.9 billion in Q3 income. The trade notched $433 million in Q3 revenue Transaction income rose on a sequential foundation, Coinbase stated. Coinbase reported $1.9 billion in third-quarter income on Thursday, a 26% improve quarter-over-quarter that barely surpassed Wall Avenue forecasts.Analysts anticipated the San Francisco-based crypto trade to reveal $1.8 billion in gross sales, reflecting a 50% improve from a yr in the past, in line with Yahoo Finance. Coinbase disclosed a Q3 earnings per share of $1.50, coming in above analysts’ forecasts of $1.10 per share.That translated into $433 million in internet revenue for the…