The White House withdrew Brian Quintenz’s CFTC nomination for the agency’s chairman position in late September. The decision, confirmed by industry reports, comes at a critical time and is a response to growing pressure over potential conflicts of interest. This move creates a leadership vacuum at the Commodity Futures Trading Commission (CFTC) and increases uncertainty about the future of cryptocurrency derivatives oversight in the United States.
Author: olivia
Thumzup Media Corporation, a firm with ties to Donald Trump Jr., has announced a strategic investment. This $2.5 million capital injection is allocated to DogeHash Technologies. The main objective is to enhance operations and promote the increase in Dogecoin mining. The news was confirmed through a press release issued by Thumzup.
The seasonal optimism of “Uptober” is enveloping the market, generating a renewed and bullish Bitcoin price prediction that aims to surpass $120,000. As the leading cryptocurrency trades near $114,000, bold forecasts from figures like billionaire investor Tim Draper and key technical debates are fueling volatility. Draper has reaffirmed his vision that retailers will eventually only accept Bitcoin, a catalyst he believes will trigger organic spending and increase the asset’s value.
Nvidia has paid Intel five billion dollars and the two firms now share a plan to bolt Nvidia’s GPU designs to Intel’s CPU plus factory know‑how. This alignment forces data‑center builders, model writers and crypto services that buy special chips to weigh a new setup. The promise centers on tighter GPU‑CPU coupling and faster interconnects that could accelerate training and inference workloads.
Gate.io opened Gate Fun, a no code token launcher inside its new Layer-2 network, Gate Layer, aiming to let projects create and trade tokens faster and cheaper. GT is set as the only gas token, linking a 5,700 TPS, one-second block network to new GT rules that raise its use and cut its supply for developers, issuers, and cost-focused traders.
The debate over whether centralized (CEXs) or decentralized exchanges (DEXs) will steer the next crypto cycle sharpened after two pivotal developments: an intruder drained about 1.5 billion USD from Bybit in February 2025 and DEX spot turnover rose 25% in Q2 2025 while CEX spot turnover fell 28%.
Clean energy is changing how Bitcoin is mined, according to Haipo Yang of ViaBTC. The shift to renewables is altering both the cost structure and the geography of mining, with Yang stating that over half of the network now runs on hydro, solar, wind or nuclear power. Electricity—30% to 70% of revenue—now shapes decisions for operators, equipment buyers and treasury managers.
The stablecoin market is approaching a $300 billion capitalization amid rapid capital inflows. The Senate’s GENIUS Act and issuer decisions are shifting how traders, exchanges, treasuries, and DeFi protocols manage liquidity and reserves. JPMorgan notes that Circle, the firm behind USDC, has advanced during this period, as market dynamics evolve around regulation, competition, and design trade-offs.
A XRP accumulation by whales can push the price to $4.20, according to an analysis linking the activity of large holders to market direction changes. The bullish thesis is supported by whale activity, a symmetrical triangle and a sustained break above $3.30, factors that increase volatility and liquidity. This is critical for derivatives traders and treasuries exposed to XRP.
The race for airdrops in the decentralized finance sector has new leaders. The Perp DEXs Lighter, Paradex, and Pacifica are emerging with innovative points systems, attracting billions in trading volume. Traders are actively seeking to accumulate these rewards, which could become high-value tokens. According to data from the analytics platform DefiLlama, these platforms are recording unprecedented activity.