News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
California becomes first US state to protect unclaimed crypto from forced liquidation with new SB 822 law.California Leads with Groundbreaking Crypto LawWhat SB 822 Means for Crypto OwnersA New Standard for Digital Asset Custody
Long-term Bitcoin holders reduced supply by 28,000 BTC since Oct 15, signaling profit-taking amid recent price movements.Why Long-Term Holders Are SellingWhat This Means for the Market
Hong Kong SFC approves Asia’s first Solana (SOL) spot ETF, expanding crypto ETF offerings beyond Bitcoin and Ethereum.A Milestone for Crypto ETFs in AsiaWhat This Means for Investors and the Market
Jupiter debuts its first prediction market, using Kalshi liquidity to bring real-world betting to DeFi.Why This Matters for DeFiWhat’s Next for Jupiter?
- 10:43US Democratic lawmaker: Trump may trigger another "catastrophic crash" in the cryptocurrency marketOn October 22, according to DLNews, Maxine Waters, the top Democrat on the U.S. House Financial Services Committee, warned that the ongoing government shutdown is laying the groundwork for another market disaster. She stated that Trump and the Republican Party are attempting to integrate cryptocurrency into the traditional financial system without establishing an appropriate regulatory framework, increasing the likelihood of a future collapse. Waters pointed out that the government shutdown has entered its 21st day, with 90% of the U.S. Securities and Exchange Commission staff forced to take leave and most enforcement activities suspended, while the Commodity Futures Trading Commission has also effectively shut down. During the market crash on October 10, Bitcoin plummeted by 14.6%, Ethereum dropped by 21%, Dogecoin fell by more than 50%, and the $TRUMP token saw a minimum decline of 63%, resulting in investor losses of billions of dollars. Waters stated that the regulatory vacuum left by the agencies exposes investors to the risk of "another catastrophic collapse."
- 10:43A certain whale panic sold 6,237 ETH in the past 7 hours at an average price of $3,840.Jinse Finance reported, according to monitoring by Lookonchain, as the market declined, whale 0xB041 panic sold 6,237 ETH (23.95 million USD) in the past 7 hours, with an average price of 3,840 USD.
- 10:42A certain whale panic sold 6,237 ETH worth $23.95 million within 7 hoursAccording to ChainCatcher, as the market declined, whale 0xB041 panic sold 6,237 ETH worth $23.95 million in the past 7 hours, with a selling price of $3,840 per ETH.