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Tornado Cash developers continue to raise money for their ongoing legal defence.Crypto company Keyring will donate three months of fees generated by a new DeFi product.A team within the Ethereum Foundation is eyeing the program as a proof-of-concept for future fundraising efforts.A new effort to fund the defence of Tornado Cash developers Roman Storm and Alexey Pertsev will serve as a “proof-of-concept” for a team within the Ethereum Foundation focusing on raising money for so-called public goods. If the effort succeeds in raising money for the embattled developers, it could become a model for future, crypto-based efforts to fund worthwhile…

The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China.  Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the…

A sudden flash crash rattled crypto markets on Oct. 10, erasing billions in leveraged positions as Bitcoin, Ethereum, and other major tokens plunged before staging partial recoveries.Bitcoin fell more than 10% at its lowest point, slipping to $101,500 before rebounding to trade near $112,500 as of press time.Ethereum similarly dropped over 10% intraday before stabilizing above $3,800. Major altcoins suffered significantly steeper losses, including Solana and Dogecoin, which fell more than 30% and 50%, respectively.While Solana continues to trade below its key $200 threshold, DOGE experienced a rapid recovery and was trading above the $0.18 support level as of press…

Network Switches Market USA, New Jersey: Verified Market Research reports that the Network Switches Market size was valued at USD 30.31 Billion in 2022 and is projected to reach USD 47.38 Billion by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This steady growth is driven by increasing environmental regulations, rising awareness of pollution control, and expanding applications in industries such as manufacturing, energy, and healthcare.Market Opportunities, Trends, and Pricing Analysis: Network Switches (2025-2033)Opportunities & Market SizingThe network switches sector is positioned for substantial volume and value expansion through 2033, driven by surging data center capacity, edge…

This is an analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$112,269.54 bounced back to around $121,500 after dipping below $120,000 late Thursday. Further gains may be difficult to achieve or could prove short-lived for two reasons.First, momentum indicators on short-term charts have turned bearish. On the hourly chart, the 50-, 100-, and 200-candle simple moving averages (SMAs) have aligned bearishly, now stacked one below the other – a classic bearish configuration. Additionally, the pattern of consecutive lower highs points to weakening buying pressure.BTC’s hourly candlestick chart. (TradingView) Second, key ETFs are signaling a risk-off sentiment. The…

The findings point to a clear shift: institutional investors are no longer just testing blockchain—they’re building strategies around it. According to the report, based on a global survey of senior executives across asset management and asset ownership, digital assets and tokenization have moved from the “what if” stage to the “what’s next” stage. “Institutional investors are moving beyond experimentation,” said Joerg Ambrosius, president of Investment Services at State Street. “Digital assets are now a strategic lever for growth, efficiency, and innovation.” Tokenization Takes Center Stage One of the biggest takeaways from the report is the rapid rise of tokenization—the process…

The new stablecoin from the STBL protocol fell below its $1 peg shortly after going live, highlighting challenges for liquidity. USST, a new stablecoin launched on Friday, Oct. 10 by stablecoin platform STBL, co-founded by one of Tether’s founders, slipped below its $1 peg to as low as $0.96 within hours of debuting on Curve, sparking concerns over confidence in the project.At the time of writing, USST is trading at around $0.9776, down 1.5% in 24 hours with a market cap of roughly $967,000 and just 52 holders, according to data from GeckoTerminal. USST/USD price. Source: GeckoTerminalThe Curve pool showed…

Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center.The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked for general corporate use and the expansion of its Helios campus, expected to deliver 133 megawatts of IT capacity in early 2026, the company announced Friday. “Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will…

Luisa Crawford Oct 11, 2025 08:37 Market analysts highlight Bitcoin’s unusual decline this month, noting October typically brings gains. Historical patterns suggest swift rebound ahead. Bitcoin’s recent price action has caught the attention of economists and market analysts, who are pointing to an unusual deviation from historical patterns that could signal an imminent recovery for the world’s largest cryptocurrency. The digital asset has experienced a decline of more than 5% during October 2025, a development that economists are describing as exceptionally rare given the month’s traditionally bullish reputation in cryptocurrency markets. According to…

The UK has officially lifted its ban on crypto exchange-traded products for retail investors, opening access to a global market estimated at around $800 billion. These products, which were previously restricted to professional investors, will now be available to everyday users under regulated conditions. The change comes after years of limited access and growing frustration from individuals who wanted regulated exposure to crypto. Until now, retail investors were forced to either stay out or use less regulated exchanges. This update gives them a route through familiar financial channels, which could significantly shift how crypto fits into mainstream portfolios. Bitcoin, Ether,…