Author: Digicoinvision

After the biggest crypto deleveraging event in five years, Tom Lee, chairman of Bitmine Immersion Technologies, says the worst may be over — and a year-end rally could be in sight. The Oct. 10 liquidation, triggered in part by rising U.S.-China trade tensions, erased billions in leveraged positions across digital assets. “That was the biggest liquidation event in five years for crypto,” Lee said. “So, there are still those ripple effects, two weeks later, that are plaguing the crypto market.” Yet despite the shock, Lee — who also co-founded research firm Fundstrat — told CNBC this weekend that both Bitcoin…

Opinion by: Rachel Lin, co-founder and CEO at SynFuturesDeFi has come a long way since the boom-and-bust cycle of 2020’s DeFi Summer. Much of the surge in the early days was fueled by experimentation, hype and unsustainably high incentives. Five years on, DeFi’s foundations look very different. The past year’s experimentation is a quiet consolidation phase, setting the stage. 2025 may be remembered as the year when DeFi surpassed centralized exchanges (CEXs).The bear market in 2023 and 2024 washed out many DeFi projects that lacked a product-market fit, and forced other DeFi platforms to mature, focusing on infrastructure and achieving real…

The recent Amazon Web Services (AWS) outage that knocked out major crypto and fintech platforms, including Coinbase, Robinhood, MetaMask and Venmo, has reignited debate over how decentralized Web3 really is. While blockchains continued producing blocks uninterrupted, millions of users were unable to access wallets, exchanges and decentralized applications (DApps) because their interfaces and application programming interfaces (APIs) were hosted on centralized servers.“Decentralization has succeeded at the ledger layer but not yet at the infrastructure layer,” Jamie Elkaleh, chief marketing officer at Bitget Wallet, told Cointelegraph. “Real resilience depends on diversifying beyond hyperscalers into community-driven and distributed networks.” Elkaleh added that…

Kyrgyzstan has rolled out a new stablecoin pegged 1:1 to the Kyrgyzstani som, while confirming plans to issue a central bank digital currency and explore a digital asset reserve.The KGST stablecoin will run on the BNB Chain, and BNB (BNB) would be included in the crypto reserve if launched, according to former Binance CEO Changpeng ‘CZ’ Zhao, who attended the National Council for the Development of Virtual Assets and Blockchain Technologies’ second meeting on Friday with President Sadyr Japarov.The first meeting took place around April, when CZ became a strategic adviser for Kyrgyzstan’s crypto committee.Source: Sadyr JaparovLocal media outlet KG24…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US-based spot Ethereum ETFs (exchange-traded funds) have registered a second consecutive week of capital outflows. This negative trend comes on the back of what has been a disappointing price performance by the second-largest cryptocurrency in October. Following months of significant capital influx, the Ethereum ETFs seem to be in a cool-off period, with a shift in investor sentiment also seemingly in play. US Ethereum ETFs Post $93.6 Million Outflow According to the latest market data, the US Ethereum ETF market registered a daily total net outflow…

Join Our Telegram channel to stay up to date on breaking news coverage US President Donald Trump is set to nominate pro-crypto Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC). That’s according to a Bloomberg report that cited an unnamed Trump administration official.  Selig is currently chief counsel at the Securities and Exchange Commission’s (SEC) crypto task force and also a senior adviser to SEC Chair Paul Atkins. Some analysts and influencers in the crypto community have characterized him as crypto friendly. ”@MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding…

After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank.JPMorgan Chase & Co. is reportedly preparing to let institutional clients use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the two top cryptocurrencies by market capitalization, which would be held by approved third-party custodians like Coinbase.The initiative is expected to roll out by the end of 2025.This move is significantly ironic considering the financial giant’s CEO Jamie Dimon is a renowned crypto critic. Notably, he has previously described Bitcoin as a “fraud.” However,…

Yuga Labs, a renowned web3 lifestyle, media and digital assets incubation company that created the Bored Ape Yacht Club, Mutant Ape Yacht Club and other related non-fungible token projects, is currently hosting its much-anticipated annual non-fungible token event ApeFest. The NFT event kicked off yesterday at The Conrad Hotel in Las Vegas, Nevada, United States. In response to the hype coming from this NFT event, the Bored Ape NFT has seen its sales volume flying by +200%. Bored Ape Jumps +200% In Daily Sales Volume Data compiled by cryptoslam, an on-chain crypto market data aggregator and non-fungible token explorer tracking…

Join Our Telegram channel to stay up to date on breaking news coverage USDT stablecoin issuer Tether expects a record profit of nearly $15 billion in 2025 as it accelerates expansion into the US. The projected earnings, reported by Bloomberg, would represent about a $2 billion increase from 2024 and cement Tether’s position as one of the world’s most profitable companies on a per-employee basis. The company is also preparing for its next phase of growth through the launch of a US-compliant dollar token in December via a joint venture with Anchorage Digital, and a partnership with video-sharing platform Rumble to…

Join Our Telegram channel to stay up to date on breaking news coverage Following a significant market downturn in the first week of October, the NFT market has begun to showcasing signs of recovery and resilience. Even though the trading sales volume and floor prices are still down, the number of investors buying NFT collections has increased by 33% this week. This resilience shows NFTs have evolved from being speculative profile pictures and found new use cases, such as gaming integration, real-world asset tokenization, and digital identities, which make them now stable and reliable digital assets. Below, we have listed…