Features Crypto News by Thebittimes.Com

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 ...

Donald Trump’s administration has made its support for stablecoins explicit, and the two largest, USDC issued by Circle and USDT issued by Tether, have seen their market capitalizations increase. In absolute terms, USDT has seen a larger increase, growing from approximately $138 billion to around $183 billion. This compares favorably to USDC, which has grown from approximately $48 billion to $76 billion. However, if we instead compare their relative increase, USDC takes a large lead . Read more: Circle vs. Tether: What’s in the reserves? Indeed, when we make that comparison, we see that USDC has grown its market capitalization by approximately 59% during this second Trump administration. This is much more than USDT’s 32.5%. Trump’s administration signed a new stablecoin regulation bill — the GENIUS Act — into law during this term. It’s meant to limit the ability for offshore stablecoin issuers like Tether, which is hea...

Pudgy Penguins, the digital asset company behind the globally acknowledged non-fungible token collection, Pudgy Penguins, has partnered with DreamWorks Animation, the team behind KungFu Panda, to launch a non-fungible token sticker collection on Telegram. In response to this integration, the Pudgy Penguins NFT collection has seen its trading sales volume jump by +130% in the past 24 hours. Penguins & Kungfu Panda NFT Stickers Overview In an October 27 blog post, DreamWorks Animation confirmed that they have partnered with the Pudgy Penguins team to launch a non-fungible token sticker collection on Telegram. DreamWorks is a renowned American animation studio, now a subsidiary of NBCUniversal, known for creating popular animated feature films, television series, and games. DreamWorks is known for Kung Fu Panda, an American-Chinese martial arts comedy media franchise that started in 2008. Bring the culture on-chain 🔐💎 pic.twitter.com/wjmN5rLzhf — TON Commu...

Bitcoin climbing past $115,000 over the weekend came as a bit of a surprise to some traders, and the rally was actually driven by renewed hopes around US-China trade negotiations that reached a preliminary framework agreement in Malaysia. The leading cryptocurrency gained around 3.5% on Sunday, rising from $110,960 to $115,400, which marks a pretty significant recovery. Right now, this momentum is being fueled by easing trade tensions between the world’s two largest economies, and investors are watching closely to see what happens next. Also Read: Elon Musk’s SpaceX Transfers Bitcoin for First Time Since July Bitcoin Climbing Again Amid US China Trade Talks and Price Predictions Source: AFP Trade Framework Sparks Bitcoin Climbing Rally The Bitcoin price jumped following announcements from U.S. Treasury Secretary Scott Bessent, who confirmed substantial progress had been made in US-China trade talks over the weekend. The Bitcoin climbing momentum was fueled by relief that the threa...

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Shiba Inu and XRP are heading south in October, delivering little to no profits to investors. SHIB is now trading with five zeroes and is hovering around the $0.000009 level. On the other hand, Ripple’s native token is at $2.30 and is down close to 16% in a month. Traders have been completely out of the dog-themed token this year as it dipped 54% year-to-date. The token has lost its hype and buzz, and investors no longer seem to be interested in its prospects. Now that Shiba Inu and XRP are on the back foot, what should investors do? In this article, we will explain the next step forward and the simplest way to make quick money. This helps traders to stay afloat in a bearish market and make the most out of the downturn. The steps explained in the article are for short-term trading only, and not for the long-term. Also Read: Economist Reveals the Reality Behind XRP Reaching $100,000 What Next For XRP & Shiba Inu? Source: Watcher Guru Shiba Inu has fallen to five zeroes several time...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...