Day: October 27, 2025

Bitcoin Hits $116,000 on US-China Trade Deal Hopes

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Bitcoin (BTC) started the last week of October with a welcome rebound; can BTC price action cancel its dip from all-time highs? Bitcoin reached $114,500 for the weekly close as bulls staged a much-needed comeback, but many traders remained unconvinced. FOMC week began with stocks breathing a sigh of relief on reduced US-China tariff odds. Ongoing rate cuts may boost BTC price action by default, according to research, as AI predicts a return to $125,000. “Uptober” 2025 for Bitcoin may avoid gaining the notorious title of “worst October ever.” Short-term holders…

China vows to crack down on digital currency operations and speculation

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Key Takeaways China is intensifying its crackdown on digital currency speculation to reinforce its strict stance against private crypto assets. Major tech firms in Hong Kong have been ordered to halt private stablecoin projects, strengthen state control over digital currencies. Share this article China today announced intensified measures to curb digital currency speculation, as authorities reinforce the nation’s strict stance against private crypto assets while promoting state-controlled alternatives. Beijing recently directed major tech firms to halt private stablecoin initiatives in Hong Kong, reinforcing state dominance in currency issuance. The People’s…

Crypto Funds See $921M Inflows As Inflation Data Fuels Rally

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Cryptocurrency investment products regained momentum last week as investor confidence improved following lower-than-expected US inflation data. Crypto exchange-traded products (ETPs) saw $921 million of inflows last week, more than offsetting the $513 million in outflows from the week before, CoinShares reported Monday. The main driver behind the bullish trend in the crypto fund market was renewed confidence in further US rate cuts, bolstered by lower-than-expected CPI data released on Friday, according to CoinShares’ head of research, James Butterfill. The Consumer Price Index surged by 0.3% in September, putting the annual…

PENGU Activity Spikes: What’s Driving the Buzz?

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PENGU forms a bullish cup and handle pattern as whale activity rises and partnerships grow. Breakout above $0.045 could fuel rally. Pudgy Penguins (PENGU) is drawing attention across both technical charts and on-chain data. Crypto analyst Ali Martinez outlined several signals suggesting the token may be preparing for a move. The current price stands at $0.022 at press time, reflecting a 5% gain over the last 24 hours. Trading volume reached $223 million during the same period. While the token saw a small dip over the past week, broader…

3 Major Events That Could Shake the Crypto Market This Week

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BTC is up to $115,000 now but it’s expected to be a volatile week. Bitcoin enters this eventful and most likely volatile trading week on the right foot, with a price surge to $116,000 on Monday morning. The question now is whether this rally will endure in the coming days, as the US Federal Reserve is expected to lower key interest rates, alongside a major meeting between presidents Trump and Jinping, and companies publishing earnings reports. Key Events This Week: 1. Fed Interest Rate Decision – Wednesday 2. Fed…

Bull Rally Starting or Dead Cat Bounce?

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What’s behind PI’s massive surge today? The PI token has been among the biggest underperformers during this year’s rally. It launched in late February, peaked at $3 days later, but went on a months-long nosedive that eventually resulted in dumping to $0.172 on October 10 to market a new all-time low. Thus, the asset had lost over 93% of its value in less than eight months. However, it bounced off in the following days and found solid support at around $0.20. The past 24 hours have been particularly positive…

Bitcoin Fear & Greed Index Turns Positive As Bitcoin Selling Pressure Wanes

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The Crypto Fear & Greed Index finally clawed its way out of the “fear” zone on Sunday, resolving to neutral for the first time in more than two weeks as the price of Bitcoin surged back to around $115,000 over the weekend. The Crypto Fear & Greed Index, which measures overall market sentiment, is currently sitting in the “neutral” zone with a score of 51 out of 100.   It’s up 11 points from the fearful score of 40 on Saturday, and also up over 20 points since last week, marking…

Native Token of Vultisig Ecosystem Debuts on 28 October 2025

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[PRESS RELEASE – Road Town, British Virgin Islands, October 26th, 2025] Vultisig, the developer of the revolutionary self-custody MPC (Multi-Party Computation) wallet, today announced the upcoming listing of its ecosystem token, $VULT, on Kraken, one of the world’s leading cryptocurrency exchanges. The listing will go live on October 28, 2025, marking a major milestone in Vultisig’s mission to redefine secure self-custody in the digital asset space. The launch will coincide with the start of a global marketing campaign to drive adoption of both the Vultisig wallet and the $VULT token,…

What Happens When You Don’t Report Your Crypto Taxes to the IRS

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Key takeaways Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins. Authorities use blockchain analytics firms like Chainalysis to link wallet addresses with real identities, tracking even complex DeFi and cross-chain transactions. Maintaining detailed logs of trades, staking rewards and gas fees helps calculate accurate gains and ensures smoother tax filings.…

Tokyo Fintech JPYC Unveils First Yen Backed Stablecoin

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Tokyo-based fintech firm JPYC has launched Japan’s first yen-backed stablecoin along with a platform to issue the new coin, amid a growing global race to corner the growing market. The Japanese yen stablecoin JPYC went live on Monday and is backed one-to-one by bank deposits and government bonds, and also has a 1:1 exchange rate with the yen, the company said on Friday. At a press conference in Tokyo, JPYC President Noriyoshi Okabe said the stablecoin from his company is a “major milestone in the history of Japanese currency,” and…