Stellar Lumens (XLM) gained 3% and broke the $0.47 resistance after traders pushed volume higher. The move spotlighted Protocol 23, which parallelizes transaction handling and cuts fees, and funds plus remittance corridors are tracking the shift. Launched in 2014 by Jed McCaleb and Joyce Kim, the network settles cross-border payments in seconds.
Author: ethan
ethan
Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements. He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
Bitcoin has registered an impressive Bitcoin’s new all-time high, breaking the $125,600 barrier during Asian trading hours this Sunday. This upward movement occurs amid strong institutional interest and key macroeconomic factors, according to analysis from financial giants like Goldman. The market reacted with significant volatility, liquidating short positions in record time.
The digital asset mining and holding firm, Bitmine Immersion, has significantly strengthened its cryptocurrency portfolio. The company confirmed the addition of USD 821 million in Ether (ETH) to its strategic reserves. This move raises the total value of its cash and crypto assets to approximately USD 13.4 billion, solidifying its market position. The confirmation came through an official press release issued by the company.
Solana drew a sharp rise in institutional attention, with more than $500 million moving into SOL-linked ETPs and CME futures open interest jumping, leading traders to expect a higher SOL price. The shift pairs liquid regulated products with heavier derivatives use, affecting institutional managers, derivatives traders, and spot participants.
Bitcoin rose past $123,000 and held a seven day climb as traders grew optimistic for Q4. Data show the move matters because fresh institutional money may enter plus the price shift touches traders, asset managers and exchanges. Elevated turnover underscores the momentum while participants watch if the trend can sustain.
Samsung adds Coinbase to Samsung Wallet, placing buy, sell and stake buttons directly inside the app for U.S. owners. The goal is faster adoption through fewer steps, bringing payments and crypto tools together in one place. The wallet now surfaces Samsung Pay, Coinbase One perks and Samsung Knox defenses on a single screen, a change that touches every Galaxy device and Coinbase’s order book.
The Bitcoin derivatives market is experiencing strong buying activity. Large investors, known as whales, are taking “aggressively long” positions in Bitcoin futures. This shift was highlighted in a new analysis this Friday by J.A. Maartunn. The contributor to the on-chain data platform CryptoQuant noted a remarkable transformation in the market during October.
BNB, the native asset of BNB Chain, has recorded a new all-time high, breaking the $1,114 barrier this Friday, October 3. This milestone comes amid a combination of technical and fundamental factors, including significant network upgrades and a notable increase in buying pressure. The cryptocurrency thus solidifies its market position, as confirmed by analysts from CEX.IO.
State regulators say a draft federal crypto bill could strip them of tools to charge fraudsters, with prosecutors warning that new definitions of “investment” and shifted jurisdiction will open loopholes. Victims of cryptocurrency ATM fraud feel the tension as the FBI logged almost 11,000 kiosk-scam complaints in 2024, with older users disproportionately affected. Courts are drowning in civil fraud suits and freezing assets to stop losses.
India has issued formal warnings to 25 offshore cryptocurrency exchanges for ignoring anti-money-laundering rules, with authorities planning to cut off their access to Indian users. FIU-IND says the action tightens oversight of digital transfers and limits financial crime, narrowing trading choices for millions of investors while pushing foreign platforms to register under local law.