Zcash Rises After Upgrade Freezes $16M in ZEC, Establishes Security Reserve
Key Takeaways Zcash’s NU7 upgrade cuts block times from 75 to 25 seconds while preserving its 21 million ZEC supply cap. Shielded Labs’ new mechanism redirects 60% of Zcash transaction fees to a long-term security reserve. Zcash will begin redistributing…
US Treasury and Fed Abandon Plan to Track Smaller Bitcoin, Crypto Transfers
Key Takeaways The withdrawal is scheduled to take effect upon publication Nov. 9. Commenters challenged compliance costs and risks to personal information. Comparable amendments would require another public comment opportunity. Treasury and Fed Drop Proposed $250 Transfer Threshold The U.S….
Bitcoin Price Falls Below $75K for First Time Since August as Tech Sell-Off Deepens
Key Takeaways Bitcoin hit $74,762, its lowest since Aug. 21, as a global tech stock sell-off rattled markets. Crypto liquidations fell to $707 million, while U.S. money market fund assets reached $8.016 trillion. Bitunix warned that AI spending risks and…
Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat
Key Takeaways Coinglass reports $52.04 billion in bitcoin futures open interest, down 1.88% over 24 hours. Deribit’s Nov. 27 $74,000 put led displayed options trading volume with 2,259 BTC. Cryptoquant metrics show CME bitcoin options open interest below its February…
Trump-Backed World Liberty Launches a WLFI Buyback as Democrats Circle
Key Takeaways World Liberty Financial said on Nov. 6 it will fund WLFI buybacks partly with fees earned on USD1 reserves. USD1 supply has fallen to about $3.63B, down from $4.43B in late September and a $5.39B peak in February….
Crypto’s Toughest Critic Elizabeth Warren Set to Run Senate Banking
Key Takeaways The WSJ reported on Nov. 6 that Warren is expected to lead Senate Banking when Democrats take over in January. Stifel says Warren could open targeted probes into crypto firms, while House Democrats draft an SEC-led bill. Rep….
PhilRatings Assigns Highest PRS Aaa Credit Rating to PSBank
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Philippine Rating Services Corp. has assigned its highest issuer credit rating of PRS Aaa with a stable outlook to Philippine…
Democrats Are Coming for AI Data Centers and Bitcoin Miners Could Pay Dearly
Key Takeaways Texas Governor-elect Gina Hinojosa has vowed a moratorium on new data center approvals after her Nov. 3 win. Sen. Bernie Sanders called for a national moratorium as IREN and Cipher Mining fell 14% to 16% on Nov. 5….
Traders Fair 2027 Returns to Manila to Fuel the Philippines’ Booming Digital Finance and Trading Ecosystem
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Traders Fair, the premier financial conference series, will return to Manila on April 3, 2027, bringing together the region’s top…
Hollywood Studios Ban Employees From Prediction Market Betting: Report
Key Takeaways Studios are warning staff not to bet on casting, release dates, or earnings, The Hollywood Reporter said. BetOnline briefly pulled its next James Bond market after “sharp money” moved to Callum Turner. Studios Bar Bets on Casting, Release…
