Day: October 19, 2025

Trump Confirms Xi Meeting as Japan Eases Crypto Regulations

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Today in crypto, Trump confirms meeting with China’s President Xi Jinping, Japan’s Financial Services Agency is weighing reforms that could let banks hold cryptocurrencies like Bitcoin. Meanwhile, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution. Trump confirms meeting with China’s president, causing crypto to surge United States President Donald Trump confirmed on Sunday that he will meet with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, South Korea, on October 31, backtracking on his previous comments that there was “no reason” to…

The US Dollar and the 1971 Global Monetary Order Are Collapsing: Analyst

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The US dollar’s hegemony is over, as evidenced by China’s recent announcement of export controls on rare earth minerals, a critical component in electronics manufacturing and military defense applications, according to analyst Luke Gromen. China’s rare earth mineral export controls prohibit the sale of the critical minerals to the US military industrial complex, which backs the value of the dollar through military force, Gromen told Marty Bent, founder of Truth For the Commoner (TFTC), on Sunday. The export controls prompted US President Donald Trump to announce additional 100%  tariffs on…

Hyperliquid Dominates Fees and Trading Volume, Leaving Giants Like Bitcoin, Ethereum in the Dust

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In just one year, Hyperliquid skyrocketed from $2.4 million to $41 million in fees. Blockchain charts have evolved dramatically over the past year. Currently, the space is being dominated by Hyperliquid. Meanwhile, traditional heavyweights like Bitcoin, Ethereum, and Solana are falling behind fast. Hyperliquid Leads the Pack CryptoRank’s latest data found a striking reshuffling in terms of blockchain fee leadership over the past year. Hyperliquid is emerging as the dominant force. The network’s fees skyrocketed 1,600% after surging from $2.4 million in October 2024 to a whopping $41 million…

Bitcoin Mining Hashrate Signals a Tougher Road Ahead for Miners

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The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday as the network hashrate, the average of the total computing power dedicated to securing the decentralized protocol, hit an all-time high of over 1.2 trillion hashes per second. BTC mining difficulty is down by about 2.7% from the all-time high difficulty level of over 150.8 trillion reached during the previous adjustment period, according to CoinWarz. Bitcoin mining difficulty drops. Source: CryptoQuant However, network hashrate hit an all-time high on Tuesday, and remains elevated above 1.2 trillion, despite a small…

US Seeks Forfeiture of $14.2B Bitcoin Linked to Pig-Butchering Kingpin Chen Zhi

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U.S. government seizes record $14B Bitcoin connected to Chen Zhi’s massive human-trafficking and cryptocurrency fraud network. The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to take control of about 127,000 BTC, worth around $14.2 billion. The Bitcoin fortune is tied to LuBian and Cambodia-based businessman Chen Zhi, who is the chairman of Prince Group. Record $14B Bitcoin Seizure Arkham shared via X that Zhi ran large-scale human-trafficking and pig-butchering schemes across Asia. This type of exploit involves victims being tricked into fake online relationships and…

Trump Confirms Meeting With Xi Jinping on Oct 31, Markets Rally in Response

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United States President Donald Trump confirmed on Sunday that he is meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in Seoul, Korea, slated to begin on October 31. “We’re going to meet in a couple of weeks. We’re going to meet in South Korea, with president Xi and other people, too,” Trump told Maria Bartiromo of Fox News, following a de-escalation of trade tensions between China and the US. Trump said on Sunday: “[Xi Jinping] is a very strong leader, a very amazing man. You…

Bear Market Incoming or $150K Breakout on the Horizon?

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Analyst Doctor Profit is warning of a 10-year fractal pointing to a new bear phase possibly lasting until 2026. Bitcoin is struggling to hold on to the $107,000 level after a brutal sell-off that wiped out billions and sent it down to a multi-week low of just under $104,000. It has put many in the market on edge, asking if this is a healthy correction or the start of a terrible bear market. The Case for the Bear: Fractals and Fear On one side of the ring, the bears…

Retiree loses over $3 million worth of XRP in suspected wallet compromise

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Key Takeaways A North Carolina resident lost $3 million in XRP due to a hack of his Ellipal hardware wallet. Stolen XRP was dispersed across hundreds of wallets to obscure the trail, highlighting self-custody risks. Share this article A retired man claims he lost his entire crypto savings after his Ellipal cold wallet was hacked and drained of 1.2 million XRP this month. The stash would be valued at over $3 million at current prices. “I’ve been in crypto since 2017,” said the victim, Brandon LaRoque, in a YouTube video…

Bitcoin Has a New Weekly Close Target Above $108,300

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Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased volatility into Sunday’s weekly close as price approached a key reclaim level. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Trader sees more BTC price volatility to come Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…

How Is the Options Market Reacting to Bitcoin’s Continued Decline? (Glassnode)

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Traders are now paying more for immediate downside protection, with continued defensive positioning. Within the last seven days, BTC has taken a backseat while gold performed well. The precious metal has taken some share of bitcoin’s status as a store of value, surging by more than 20%. BTC, on the other hand, is down at least 14%, triggering a shift in investor sentiment. Glassnode analysts say the change in market sentiment has been reflected in the options market. Bitcoin’s dip, especially the last overnight decline, came with a wave of…