Features Crypto News by Thebittimes.Com

The Ethereum price climbed 0.65% in the last 24 hours to trade at $3,865.10 as of 11 p.m. EST on a 52% drop in trading volume to $16.52 billion. ETH got a boost from another buy by Tom Lee’s BitMine, which snapped up 7,660 ETH worth $29 million from Galaxy Digital on Oct. 31 via its OTC desk. Such large private deals are usually executed to avoid impacting the price. 🔥 NOW: Tom Lee’s Bitmine bought 7,660 $ETH from Galaxy Digital. pic.twitter.com/Jtcvhbn7bg — Cointelegraph (@Cointelegraph) November 1, 2025 BitMine’s goal is clear: accumulate up to 5% of the Ethereum supply as part of its “Alchemy of 5%” plan. It now holds 3.3 million ETH, or 2.745% of its supply, worth $12.8 billion, according to CoinGecko. While institutions are busy accumulating, retail traders seem more cautious. Data from Kalshi shows the odds of ETH hitting $5,000 before the year end have dropped sharply to just 34%. Even so, many analysts remain positive about Et...

A Bitcoin investment success transformed Jackson Zeng from a struggling university student into an $88 million crypto mogul, actually. The Caleb and Brown CEO made his fortune through a $1,000 Bitcoin bet back in 2013 that his parents initially called “horrifying.” Right now, with Bitcoin price 2025 reaching around $190,000 and the recent Swyftx acquisition worth $200 million, Zeng’s story shows how early crypto adoption can generate extraordinary wealth, even when family members don’t support the decision. Bitcoin Investment Success Led Jackson Zeng to Swyftx Acquisition Fame Jackson Zeng alongside Caleb and Brown leadership team members – Source: DailyMail The $1,000 Bet That Changed Everything Jackson Zeng’s Bitcoin investment success began at university when he poured his savings into Bitcoin at $100 per coin. His parents were horrified by the decision, viewing digital currency as a dangerous gamble and a waste of money. The 28-year-old Sydney res...

XRP price plummeted 6.5% on Thursday, October 30, losing nearly $11 billion from the tokens market cap, which dropped from roughly $159.2 billion on Wednesday to $148.5 billion at the time of publication. The drop came amid a broader market fallout, with the top 10 cryptocurrencies by total capitalization all suffering major losses. With a price of $2.47, the lowest since the start of this week, XRP was one of the altcoins that got hit the hardest, matched only by Solana (SOL), which was likewise down more than 6%. XRP daily price and market cap. Source: CoinMarketCap In similar news, around 4 million XRP, valued at over $10.5 million, was locked in escrow. The transaction was linked to Flare’s Core Vault, an institutional-scale wallet that holds more than 1.57 billion XRP.  Why is the crypto market crashing? The overall sell-off shaved roughly 4% from total crypto market capitalization, bringing it to around $3.64 trillion. Bitcoin, for instance, slid ...

Coinbase has accused US banks of ignoring reality by claiming stablecoins will drain deposits and constrain their ability to lend, arguing that they expand the dollar’s global reach. Policy chief Faryar Shirzad said on X that most stablecoin demand comes from outside the US, boosting dollar dominance rather than competing with domestic lenders. “The ‘stablecoins will destroy bank lending’ narrative ignores reality,” Shirzad said. “Treating stablecoins as a threat misreads the moment: they strengthen the dollar’s global role and unlock competitive advantages that the US shouldn’t constrain.” US banks have repeatedly expressed concerns that yield-bearing stablecoins will lead to large outflows from the traditional financial system, threatening lending that powers economic growth. They are urging Congress to clamp down on services that offer yields on stablecoins. Concerns intensified after US President Donald Trump signed the GENI...

The Solana price tumbled almost 4% in the last 24 hours to trade at $194 as of 4 a.m. EST on a 19% increase in trading volume to $7.42 billion. This comes as the Bitwise spot Solana ETF (exchange traded fund) debuted yesterday with the highest first-day trading volume of any ETF in 2025. The Bitwise Solana Staking ETF (BSOL) recorded $56 million in trading, outpacing the launches of REX Osprey’s XRP and Solana staking ETFs. Solana is catching the worldwide attention these days… 1️⃣ Solana’s first ETF launched in the U.S., hitting $56M+ trading volume on day one. 2️⃣ $8M traded in just 20 minutes, ranking among the most active crypto ETF debuts ever. 3️⃣ Western Union announced a USD-backed… pic.twitter.com/Kn2igQZRwf — Lucky (@LLuciano_BTC) October 29, 2025 The ETF launch was widely watched, and it marked a major milestone for Solana as it joins a select group of cryptos with spot ETF products. This kin...

Trump Media and Technology Group (TMTG) is partnering with Crypto.com to take on Polymarket and Kalshi with a new prediction markets platform on Truth Social. Called Truth Predict, the platform will begin beta testing soon before a full US launch, with global expansion planned once regulatory requirements are met, according to a statement. “For too long, global elites have closely controlled these markets — with Truth Predict, we’re democratizing information and empowering everyday Americans to harness the wisdom of the crowd, turning free speech into actionable foresight,” said TMTG CEO Devin Nunes.  The move marks Trump Media’s most direct challenge yet to established prediction market leaders Polymarket and Kalshi, both of which face regulatory headwinds in the US. TMTG’s shares closed up 0.8% yesterday and climbed a fraction of a percent in pre-market trading today. Crypto.com’s native CRO token slid more than 1%.  TMTG ...