Author: James Wilson

Binance has added four perpetual futures contracts tied to traditional financial assets, giving eligible traders round-the-clock exposure to an Indonesia-focused ETF and shares of EQT, STMicroelectronics and AbbVie with leverage of up to 20 times. Summary Binance listed four TradFi perpetual contracts covering an Indonesia ETF and three individual stocks. Each contract supports continuous trading, USDT settlement and maximum leverage of 20x. Funding payments occur every eight hours, with rates capped at plus or minus 2%. Industry data shows growing demand for derivatives tied to traditional financial assets. According to its October 26 official announcement, Binance Futures introduced the USDT-margined…

Bitcoin has fallen below $80,000 ahead of the Federal Reserve’s October 28 decision, reopening the question of how much selling the market can absorb if buyers retreat again. Summary BTC traded near $79,947 on October 26 after reaching an intraday low around $79,332, according to the dated crypto.news snapshot. U.S. spot Bitcoin ETFs lost $773.5 million on October 22 and 23 but gained $301.2 million across the full five-session week. Glassnode placed recent buying near $80,000 to $81,500 and a market-wide reference near $77,600 in its October 21 research. The Fed meets October 27 and 28, before the scheduled September…

Zcash has faced criticism from some cryptocurrency traders over a community grant supporting outreach at adult industry events, even as the organizers defend the program as a way to bring private payments to people who struggle with traditional banking services. Summary Zcash traders criticized the ZECsy team’s appearance at an adult entertainment convention, with one trader claiming to have increased his short position in ZEC. Zcash Community Grants approved the revised $550,000 outreach proposal in August, with funding authorized through the first nine monthly milestones. The program includes five adult industry events, four crypto conferences and eight workshops focused on…

BloomTrading has promised to reimburse nine affected wallets following reports that nearly $1 million in Solana was drained from users of its cryptocurrency trading bot. Summary Blockchain investigators linked approximately 9,408 SOL in suspicious transfers to 49 reportedly affected wallets. BloomTrading pledged full reimbursement for nine wallets while investigating a possible third-party security compromise. One reported victim lost 1,636 SOL, valued at approximately $166,000 during the incident. The platform has not confirmed the cause of the drains or reconciled the different victim counts. BloomTrading, in an October 26 statement, said it would fully compensate nine affected wallets by transferring replacement…

Bitcoin price has recovered toward $80,600 on October 25 after falling below $80,000 during a weekend sell-off that triggered substantial liquidations across cryptocurrency markets. Summary Bitcoin price recovered toward $80,600 on October 25 after briefly falling below $80,000. U.S. spot Bitcoin ETFs recorded substantial withdrawals on October 22 and 23. CoinGlass data showed $546.88 million in cryptocurrency liquidations during a subsequent 24-hour period. CryptoQuant analyst CW8900 reported improving whale holdings despite recent market weakness. Bitcoin price faces support around $80,000, while $82,368 and $84,725 remain important resistance levels. According to crypto.news market data, BTC traded around $80,620, with approximately $20…

The Bank of Israel has publicly rejected Prime Minister Benjamin Netanyahu’s proposal to explore cryptocurrency as a way around potential international financial sanctions, exposing a disagreement between the country’s central bank and political leadership. Summary The Bank of Israel has rejected Netanyahu’s suggestion that cryptocurrency could help Israel bypass financial sanctions. Netanyahu said he requested a blockchain contingency plan but acknowledged that cryptocurrency might never be used. The central bank urged political leaders to preserve international banking and trading relationships. Opposition politicians criticized Netanyahu’s proposal ahead of Israel’s October 27 election. No cryptocurrency-based sanctions workaround has been announced or implemented…

Hyperliquid’s HYPE token has struggled to recover above $75 on October 25 as declining trading activity, bearish technical indicators and heavy derivatives positioning keep investors watching for another sell-off. Summary HYPE traded near $75.47 on October 25, down nearly 19% over the past month. Futures open interest stood around $3.07 billion, while trading volume declined 15.16%. CoinGlass data provided for October 25 showed $2.47 million in net spot exchange outflows. The daily RSI and MACD remained bearish, placing the $75 support level under scrutiny. Analysts identified $70 and $65 as possible downside targets if HYPE loses support. According to crypto.news…

Hardware wallet maker Keystone has confirmed a security breach that exposed customers’ names, home addresses and purchase details, raising concerns about phishing scams and physical threats against cryptocurrency holders. Summary Keystone confirmed that attackers obtained customer shipping information following unauthorized website access. The exposed records included names, contact details, addresses, purchased products and prices. Keystone said recovery phrases, private keys, passwords and payment information were not compromised. The incident raises phishing and physical security concerns similar to those following Ledger’s 2020 breach. Keystone has blocked the unauthorized access and begun notifying affected customers. According to Keystone’s October 24 disclosure, the…

Zcash price has rebounded approximately 2.6% to $1,184 on October 25, recovering from recent losses as traders prepare for the network’s November upgrade despite continued liquidations and weak technical momentum. Summary Zcash price rose approximately 2.6% to $1,184 on October 25, despite remaining lower for the month. CoinGlass data showed $14.02 million in ZEC futures liquidations, mostly affecting long positions. Technical indicators placed resistance near $1,214, with support around $1,175 and $1,100. Zcash developers are preparing the NU7 upgrade for early November, introducing faster block confirmations. Crowded derivatives positions and mixed institutional demand could complicate ZEC’s recovery. According to crypto.news…

Pi Network has introduced Desktop version 0.6.4, removing the need for manual router configuration when accessing SoloHost applications remotely, while its native PI token continues trading below $0.08. Summary Pi Network released Desktop version 0.6.4 to simplify remote access to SoloHost applications. Pioneers can access supported desktop applications through Pi Browser without manually configuring their routers. New security checks restrict what SoloHost applications can access on users’ computers. The team confirmed Protocol 28 completed its Mainnet upgrade on October 16. PI traded near $0.076 on October 25, losing almost 13% over the past month. According to the project’s October 22…