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The governance token of the prominent decentralized lending protocol Aave AAVE$271.94 has faced substantial selling pressure through the past 24 hours, dipping briefly below the $270 level.The DeFi bluechip plunged 5% in the early Thursday session, sliding nearly 10% lower since this week’s high. It has modestly recovered later in the day U.S. hours, changing hands at around $272.The price action occurred amid a weak session for cryptocurrencies with bitcoin on the verge of breaking below $120,000. The broad market CoinDesk 20 Index was down more than 4% during the day.The technical picture shows bearish momentum for the DeFi major,…

The latest FOMC news signals a clear dovish tilt among U.S. Federal Reserve officials, with the newly released minutes showing that additional rate cuts are likely before the end of the year. Most participants judged that it would be “appropriate to ease policy further over the remainder of 2025,” marking a notable shift from the cautious tone that dominated much of the year. While the central bank remains officially committed to its 2% inflation target, the tone of the September meeting minutes suggests the Fed is becoming more concerned about slowing employment than lingering inflation. The first rate cut in…

Fed Chair Jerome Powell avoided discussing monetary policy during his Oct. 9 Community Bank Conference remarks, supporting Bitcoin’s continued advance toward $150,000.Matt Mena, Crypto Research Strategist at 21Shares, stated in a note that this was a “strategic omission” by Powell.He characterized the narrow focus as “effectively a green light for risk assets” because the US data blackout mutes the macro shocks that typically pressure Bitcoin and nudges policy expectations dovish.With the federal shutdown halting major releases, such as jobs and CPI, traders and the Fed have less hard information to justify new hikes.Additionally, Bitcoin captured over $2.5 billion in inflows…

Cryptocurrency exchange Bybit has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates (UAE), eight months after the regulator granted the company in-principle approval.In a Thursday notice, Bybit said approval from the UAE financial regulator would allow the exchange to offer its global products and services to the region. Authorities in Austria granted the company similar licensing approval in May, and the exchange registered in India in February after briefly suspending its service and paying a $1-million fine over compliance violations. “Receiving the full Virtual Asset Platform Operator License from the SCA…

George Town, Cayman Islands, October 9th, 2025, Chainwire Dreamcash announces custom Rolex Submariner giveaway for top referrer as decentralized perpetual trading reaches historic highs Dreamcash, the next-generation crypto wealth platform, today announced it has surpassed 100,000 signups for its invite-only waitlist since launching earlier this year. To celebrate this milestone and build momentum toward its September launch, the company is unveiling an exclusive giveaway series rewarding the community’s most active evangelists. The announcement comes as the decentralized perpetual derivatives (perp DEX) market experiences unprecedented growth. Hyperliquid recorded approximately $2.7 trillion in perpetuals trading volume in September 2025 with $86.6 million…

FIL$2.2739 fell as much as 7% in the last 24 hours, tumbling from $2.39 to $2.23, according to CoinDesk Research’s technical analysis model.The model showed that the token posted a $0.19 range representing 7.9% volatility. Sellers dominated at the $2.41 resistance level as transaction volume exploded to 5.92 million tokens traded, crushing the 3.42 million daily average. Bulls defended $2.23 support, with volume spiking above 4.8 million, according to the model.Classic capitulation patterns emerged as selling exhaustion signaled potential base formation above critical $2.23 floor, the model said.In recent trading, Filecoin was 5.1% lower, around $2.26.The wider crypto market also…

A poll of 800 digital asset investors found that more than half consider a political candidate’s stance on crypto important in their voting decisions. While the investor base leaned slightly higher in Democratic registration, their voting behavior is fluid. A majority of the responders are currently planning to back Republicans on the generic congressional ballot.Sponsored SponsoredCrypto Vote Tilts GOPPoliticians’ stance on crypto is gearing up to be critical to their success ahead of the upcoming US midterm elections. A recent poll by consulting firm McLaughlin & Associates, in partnership with American advocacy group The Digital Chamber, measured the voting preferences of 800…

Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market.According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clients that purchase its rigs. The report cited Bitdeer’s latest filings showing a major year-over-year expansion of its mining capacity in August and its stated goal of becoming one of the world’s top five Bitcoin miners.Bitdeer…

As the United States and other countries weigh the prospect of building national cryptocurrency reserves, new research from Chainalysis suggests governments may already be within reach of tens of billions of dollars in potentially recoverable onchain assets — a development that could intersect with those reserve discussions.In a report published Thursday, Chainalysis estimated that crypto balances linked to illicit activity exceed $75 billion. That total includes roughly $15 billion held directly by illicit entities and more than $60 billion in wallets with downstream exposure to those entities.The blockchain analytics company said darknet market operators and vendors control more than $40…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure With its price surging sharply to new all-time highs this year, BNB (The Binance native coin) is now one of the best-performing cryptocurrency assets in the ongoing bull market cycle. While the altcoin is currently holding strong above the $1,300 price mark, several key factors have been identified as likely responsible for the recent upward trend to new heights. What Pushed The price Of BNB To New Highs BNB keeps surpassing market expectations, breaking through barriers, and reaching new all-time highs as the cryptocurrency market is swept…