Bitcoin Fork ECX Price Crashes 76% From Peak as Binance Hack Steals Spotlight – Bitcoin News
Key Takeaways The $6.3 billion Binance hack overshadowed ECX’s debut, leaving its ambitious launch largely unnoticed. ECX commands a $639 million valuation, but its thin liquidity tells a more complicated story. Bitcoin forks face an uncomfortable reality in 2026, where…
Congressional Democrats to Target Trump’s Lucrative Crypto Ventures: Report
Key Takeaways Bloomberg Government reporter Kate Ackley says Democrats’ congressional victories open the door to investigations of Trump’s cryptocurrency dealings. Reuters estimates Trump family crypto ventures generated at least $2.3 billion since January 2025. World Liberty Financial and its USD1…
Bitcoin Price Taps $81K After Midterms—But Analysts Warn a Trap Is Set
Key Takeaways Bitcoin rallied over 4% to breach $81,000 on Wednesday after Democrats won control of Congress. Coinglass data showed over $951 million in crypto liquidations, led by $560 million in wiped-out short bets. Bitfinex analysts caution traders are eyeing…
$133M Traced to Crypto Exchanges
Key Takeaways Crédit Mutuel Arkéa confirmed fraudulent transactions but says customer assets remain protected. ZachXBT traced more than $133 million in suspected proceeds through cryptocurrency channels. Bitquery identified 178 withdrawals involving 15 wallets and three major exchanges. Crédit Mutuel Arkéa…
Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder
Key Takeaways Haipo Yang listed 3 failures at Binance, from shared devices to a multi-signature setup in name only. Binance says 98% of the $6.34B in impacted assets was replenished by Oct. 31 using company funds. Coinex itself is winding…
Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B
Key Takeaways RLUSD supply hit about $2.57B on Nov. 4, up roughly $972M from $1.59B on Aug. 6, Defillama data shows. Over the same 90 days, USDT supply fell about $5.2B and USDC dropped roughly $900M. Ripple’s OCC trust bank…
Binance’s $570M SAFU Bitcoin Just Moved Again to a Mystery Wallet
Key Takeaways 7,500 BTC from Binance’s SAFU reached an unlabeled wallet at 05:56 UTC on Nov. 3, Unchained data shows. The fund’s remaining 7,500 BTC is worth about $572M, below the $800M line in Binance’s refill rule. Binance has pledged…
South Korean Regulator Demands Tighter Cold-Wallet Controls for Crypto Firms
Key Takeaways Binance lost $6.3 billion on Oct. 30 in a hot-wallet exploit linked to compromised work laptops. FSC directed DAXA and major Korean exchanges to boost reserves and exceed the 80% cold-wallet rule. Regulator Yoo Young-jun will coordinate with…
Arthur Hayes Says Bitcoin Rally May Depend on Banks, Not Just Fed
Key Takeaways Hayes expected bitcoin weakness until Fed or bank balance sheets grow. Commercial lending can expand dollar deposits independently of Fed purchases. His longer-term outlook includes bitcoin eventually reaching $1 million. Hayes Points to Banks Alongside the Fed Arthur…
Real Vision CEO Raoul Pal Forecasts $100 Trillion Crypto Market Cap Driven by AI Agents
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Check out the BitPinas Token 2049 Coverage Here The global cryptocurrency market could reach a valuation of $100 trillion by…
