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Shares of Strategy (MSTR) are down about 3.6% today, weighed by a slide in Bitcoin. The broader crypto market is under pressure. Bitcoin slipped roughly 2% over the past 24 hours, retreating from recent highs. That drop is rippling into crypto-linked equities — Strategy is one of the most exposed. Strategy (MSTR) is currently trading at $319.84 Strategy, co-founded by Michael Saylor, reported $3.9 billion in fair value gains for the third quarter of this year. The company holds roughly 640,000 Bitcoin, with an average purchase price of $73,983 per coin. Investors see Strategy now as nearly a pure Bitcoin…

Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time.According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain to stand trial.The New York Times reported that Ver has ties with…

Despite previously supporting a crypto market structure bill, several Democratic Senators have reportedly introduced a counter-proposal that could see decentralized finance protocols placed on a “restricted list” if deemed too risky. This move, among others, it proposed could “kill DeFi,” according to its critics. The Senate Banking Committee Democrats sent a proposal to the committee’s Republicans on Thursday seeking to impose Know Your Customer rules on the frontends of crypto apps — including non-custodial wallets — and stripping protections from crypto developers, several industry commentators said on Thursday, citing a report from Punchbowl News.Among those commentators was crypto lawyer Jake…

Binance open interest fell from $15.07B to $13.88B in three days, suggesting reduced leverage and caution after BTC’s rally to a new ATH. Today, the price of Bitcoin (BTC) fell back to about $120,000 after trying and failing to stay above $124,000. At the same time as this movement, open interest on Binance fell by 7.9%, with analysts describing it as an important metric showing traders are closing their positions and being more careful after the asset’s recent rise to a new all-time high (ATH). Open Interest Declines as Bulls Step Back Open interest in derivatives trading is the…

The new initiative will unite Ethereum’s top cryptographers and engineers under a single privacy framework. The Ethereum Foundation (EF) has announced the formation of a new group of 47 researchers, engineers, and cryptographers who will work together to make Ethereum’s Layer 1 infrastructure safer and more private. According to analysts, this change in structure is a show of the institution’s seriousness about adding privacy features directly to the Ethereum ecosystem, moving it from a side project to a main development priority. Expanding Ethereum’s Privacy Framework In an October 8 blog post, EF noted that the “Privacy Cluster” integrates multiple…

Roger Ver — once dubbed “Bitcoin Jesus” for his early evangelism of bitcoin — has reached a tentative deal with the U.S. Justice Department to resolve criminal tax fraud charges, according to The New York Times reporting. The agreement, still awaiting court approval, would require Ver to pay roughly $48 million in back taxes. In return, prosecutors would drop the case if he meets the terms of a deferred-prosecution deal. The case against Ver, filed in 2024, accused him of evading taxes tied to his massive bitcoin holdings before renouncing his U.S. citizenship in 2014. He was arrested in Spain…

Key takeaways:Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches.A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines.Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem.Multiple BNB Chain memecoins tumbled more than 30% on Thursday after posting strong gains earlier in the week. The sell-off occurred as BNB (BNB) itself recorded its first-ever $100 single-day price drop, falling to $1,246 at the time of writing. Is this the end of the BNB Chain memecoin frenzy — and were there any early signs…

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a significant technical formation that could set the stage for a…

The UK’s financial regulator is about to lift a ban on crypto exchange-traded notes.It could open crypto investments to $930bn in tax-efficient savings accounts.Nearly $1 trillion in British savings accounts could open to crypto investment as the UK Financial Conduct Authority prepares to lift a ban on crypto exchange-traded notes.Exchange-traded notes, or ETNs, are debt instruments that track an underlying asset’s price. They are listed and traded on exchanges, and in most respects function the same way as the more common and popular exchange-traded funds.In January 2021, the FCA banned the sale, marketing, and distribution of derivatives and ETNs that…

The cryptocurrency market in 2025 continues to expand rapidly, with strong demand for Bitcoin (BTC) and Dogecoin (DOGE). Eco-Friendly Cloud Mining is emerging as a low-barrier, sustainable, and high-yield way to earn passive income, attracting global investors.Unlike traditional mining with physical rigs, cloud mining requires no expensive equipment or high electricity costs. By renting remote hash power, users can mine cryptocurrencies easily from their computers or smartphones and receive daily payouts in real time. This flexible, efficient, and environmentally friendly approach makes green Bitcoin cloud mining one of the most popular investment trends in 2025.With so many cloud mining platforms…