Tag: CRYPTOS FoxBusiness

Market Pulse

Currently, there is no price data available for Binance, reflecting uncertainty in the market. The lack of trading volume indicates thin flow, which may be a result of traders waiting for clarity on the ongoing investigation. As the situation develops, market participants are likely to reassess their positions based on the DOJ’s findings and Binance’s response to the allegations.

Binance is one of the largest cryptocurrency exchanges globally, facilitating a wide range of crypto trading activities. The DOJ has jurisdiction due to Binance’s operations within the U.S. and its involvement in transactions that may violate federal laws, particularly regarding sanctions compliance.

Where Do We Go From Here

What traders should watch next includes how Binance responds to the DOJ’s investigation and any further developments regarding the sanctions probe. Key levels to monitor will be the exchange’s compliance measures and any shifts in trading volume as the market digests news on regulatory actions. The potential for substantial fines could have broader implications for the exchange and the crypto market as a whole.

SlushWallet has made a significant move to enhance the onboarding experience for users of the Sui network. By allowing deposits from 25 different chains with just a card or a few taps, SlushWallet aims to simplify access to Sui transactions. This development, first highlighted by the CryptoTwitter influencer @SuiNetwork, could lead to increased user adoption and engagement across the Sui ecosystem.

Breaking It Down

The broader crypto market is experiencing mixed signals, but Sui stands out as it becomes more accessible through SlushWallet. The integration facilitates user deposits and exchanges, potentially boosting trading activity on the Sui platform. With this enhancement, users can now engage with Sui more easily, which is crucial for its growth amid varying market momentum. This move is indicative of a broader trend towards simplifying blockchain interactions for everyday users.

Market Pulse

Currently, Sui is trading at $0 with no reported volume in the past 24 hours. Despite the lack of trading volume, the integration with SlushWallet indicates a positive shift toward user-friendly solutions in the crypto space. As these developments unfold, the expectation is that user engagement and transaction volume on Sui will gradually increase, influenced by the new accessibility features offered by SlushWallet.

What the Data Shows

As the SEC moves forward with its proposal, the implications for registered funds and their affiliates are significant. By allowing more flexible trading arrangements, funds may see lower costs and improved operational efficiency. While the market currently reflects mixed signals, this regulatory action signals a proactive approach by the SEC to adapt to evolving financial landscapes, particularly in the context of investment funds.

The U.S. Securities and Exchange Commission (SEC) is the primary regulator overseeing securities transactions in the United States. The agency’s jurisdiction covers registered investment companies and their operations, ensuring compliance with federal securities laws. The proposed amendments to the Investment Company Act’s cross-trading rule exemplify the SEC’s ongoing efforts to modernize regulations while enhancing investor protections.

Eyes on These Levels

Traders and market participants should closely monitor the SEC’s next steps regarding the proposed amendments. With potential changes to the cross-trading rule, there may be increased operational flexibility for registered funds. However, the effectiveness of enhanced investor protection measures will be crucial. Stakeholders should watch for public commentary on the proposal and any adjustments that may arise in response to industry feedback.

This article is for informational purposes only and does not constitute financial advice.

Bitcoin $BTC$82,486.39 held near $82,600 after President Donald Trump said he would not strike Iran before the U.S. midterm elections, pulling the largest cryptocurrency off Thursday’s low of roughly $80,400 and turning the liquidation pressure onto bearish traders.

Ether ETH$2,502.21 slipped 2% over 24 hours to about $2,500, still nursing the worst of Thursday’s flush, when ether bets were wiped out at six times bitcoin’s rate relative to its market value.

SOL was the laggard among the major coins, losing nearly 4% over the same period to around $110, while XRP and HYPE were little changed. The broader CoinDesk 20 index slipped about 2%.

Thursday’s dip tested a level traders watch for the medium-term trend.

“At the peak of its decline on Thursday, Bitcoin fell to $80.4K, touching its lowest level in the past three weeks and its 50-day moving average, where the balance shifted in favour of buyers,” Alex Kuptsikevich, the chief market analyst at FxPro, said in an email to CoinDesk.

The price increase directly impacted miners’ income. Total daily mining revenue, consisting of block rewards and transaction fees, increased by 78 percent, rising from $27 million to $48 million during the same period. The seven-day average of daily revenue from transaction fees increased from $195,000 to $275,000. Although transaction fees continue to lag significantly behind block rewards, they contributed to the recovery in revenue.

Bitcoin Sales by Miners Slowed Down

CryptoQuant data also points to a significant shift in miners’ profitability conditions. While income from mining activities remained extremely low during the May-August period, miners entered a period where they could once again earn a reasonable income as Bitcoin reached $76,000 on August 21st.

With increased profitability, there has been a noticeable decrease in Bitcoin selling pressure from miners. According to the report, no extraordinary amounts of new outflows have been recorded from miner wallets since August 21.

The actions of miners who have been active since Bitcoin’s early days also supported this trend. In September, approximately 600 $BTC were withdrawn from these miners, compared to around 2,000 $BTC in January. Thus, the outflows in September were about one-third of those in January.

On the other hand, the total balance of large miner addresses holding between 100 and 1,000 $BTC has stabilized at around 51,000 $BTC since the beginning of September. The total assets of these addresses had decreased by approximately 20 percent from the 64,000 $BTC level in December 2025.

*This is not investment advice.

Using fresh addresses keeps keys hidden before spending, and the proposed signatures are intended to protect the payment when spending makes its approval public.

Zakura’s post comes on the heels of a warning by Ethereum researcher Justin Drake, who on Thursday urged holders to prepare for a so-called “bunker mode,” warning that AI could find a shortcut through the mathematics protecting bitcoin and ether wallets “in months, not years” in the worst case.

Ethereum’s own broader migration to quantum-resistant cryptography has a target date of December 2029. No practical attack on their wallet keys has been demonstrated so far.

$ZEC ended Thursday around $1,185, down about 11% over the preceding week, leading a drop among top cryptocurrencies after Drake’s post went viral on X.

Read More: Bitcoin and ether holders urged to prepare ‘bunker mode’ against possible AI attacks

Fresh addresses, revealing balance checks

Zcash has two kinds of payments. One is shielded payments, which conceal the sender, recipient and amount. Transparent payments, in contrast, work much like bitcoin BTC$83,184.06, with addresses and amounts visible on the blockchain.

About 11.96 million of the 16.98 million $ZEC issued sat in the transparent pool on Thursday, roughly seven in 10 coins, according to CoinDesk’s calculation from ZecStats data. The January plan focuses on that public side of the network.

The index being at 55 indicates that there is no significant trend of fear or excessive optimism in the market. However, the 6-point daily drop points to a notable shift in investor sentiment.

CoinMarketCap considers the price movements of the 10 largest cryptocurrencies by market capitalization in its index calculation. Market volatility is also among the key components used in the calculation.

In addition, indicators in derivative markets, particularly the put/call ratio used in the options market, are taken into account to assess investors’ risk perception.

Other components of the index include the stablecoin supply ratio (SSR) and search data from the CoinMarketCap platform.

Recent data reveals that the greed trend seen in the cryptocurrency market in previous days has weakened. However, the index’s retreat to neutral territory does not, by itself, mean the beginning of a new period of price decline or rise.

*This is not investment advice.

Babylon Labs, a Bitcoin staking infrastructure company, and HashKey Cloud, an institutional blockchain infrastructure provider, are integrating Trustless Bitcoin Vaults (TBV). The service will let HashKey clients use native Bitcoin as collateral to borrow stablecoins and access yield strategies.

TBV allows users to borrow through Aave v4 without wrapping or bridging Bitcoin. The system is designed to connect native Bitcoin with Ethereum-based lending liquidity while avoiding centralized intermediaries.

Tereina, an SAP-backed (a global software company) financial services company, and Circle, a financial technology company and issuer of $USDC and $EURC, are partnering to bring stablecoin payments into enterprise workflows. The integration will start with SAP Cloud ERP.

The companies aim to let eligible businesses use $USDC and $EURC through existing financial applications instead of setting up separate systems for stablecoin payments. $USDC will be used for eligible US dollar payments, while $EURC will support euro-denominated transactions.

The connecting link was the $NEAR Intents architecture: the Confidential Intents feature enabled direct and confidential swaps of QTC for more than 180 assets across 30 different blockchains, including Bitcoin, Ethereum, and Solana, in a single click directly from wallets, bypassing vulnerable traditional bridges.

$NEAR token rose for two straight months while everyone was watching Bitcoin

This historic launch capped a broad-based $NEAR uptrend that had been developing over the past two months. According to weekly TradingView charts, the asset had been steadily breaking out of a prolonged accumulation phase around $1.50–$1.80 since late August.

Beyond the quantum catalyst, the long-term rally was driven by a combination of fundamental factors: integration with Robinhood Crypto Chain, which simplified operations with the USDG stablecoin and Ethereum, as well as capital inflows from institutional funds, including Digital Commodities, diversifying their portfolios toward AI infrastructure and Chain Abstraction technologies.

For $NEAR Protocol itself, which already supports quantum-safe account signatures on mainnet and plans to upgrade its consensus by the end of 2027, the QTC integration became a practical demonstration of the network’s readiness for the next generation of technology, cementing the project’s position in the top tier of the crypto market.