Cryptocurrency News

October, 2025

• 30 October

  AI-Powered Crypto Scams: The Next Big Threat You Need to Know About

  

  Artificial intelligence is revolutionizing finance, but it’s also supercharging crypto fraud. In 2025, AI-driven scams have exploded, with reports surging 456% year-over-year and causing over $9.3 billion in losses—up 24% from 2024, per Chainalysis. Deepfakes, voice cloning, and bots now mimic celebrities like Elon Musk and Nvidia’s CEO, tricking victims into fake investments. Q1 alone saw $200 million drained via …
• 30 October

  Wall Street’s Solana Push: Fidelity Fuels Momentum With Updated ETF Filing

  

  Solana (SOL), the blockchain powerhouse dubbed Ethereum’s swift rival, is capturing Wall Street’s eye like never before. On October 30, 2025, Fidelity Investments, managing trillions in assets, amended its spot Solana ETF filing with the U.S. Securities and Exchange Commission (SEC). By removing a delaying clause, the update paves the way for automatic approval in 20 days, complete with staking …
• 29 October

  Western Union Taps Solana for Its New Dollar Stablecoin — Here’s What’s Coming

  

  In a seismic pivot for legacy finance, global remittance titan Western Union unveiled plans Tuesday to launch its U.S. Dollar Payment Token (USDPT) – a fully reserved, dollar-pegged stablecoin – on Solana’s high-speed blockchain, partnering with Anchorage Digital for issuance and custody. This “Digital Asset Network” bridges fiat and crypto, targeting faster, cheaper cross-border transfers amid a $300 billion stablecoin …
• 29 October

  Crypto Comes Clean in Norway: $4B Declared as Tax Reporting Soars

  

  Norway’s cryptocurrency investors are embracing transparency like never before, with over 73,000 taxpayers declaring digital assets worth more than $4 billion in their 2024 tax returns – a robust 30% jump from 2023, according to the Norwegian Tax Administration (Skatteetaten). This record compliance wave, announced Tuesday, signals a maturing crypto market amid Europe’s tightening fiscal net, blending innovation with accountability. …
• 29 October

  BitMine Bets Big on Ethereum: $113M Added to Corporate Treasury

  

  In a resounding vote of confidence for Ethereum’s DeFi dominance, BitMine Immersion Technologies scooped up 27,316 ETH worth $113 million this week, catapulting its treasury to 3.31 million ETH – valued at a staggering $13.3 billion. On-chain sleuths at Lookonchain flagged the acquisition via a BitGo-linked wallet, cementing BitMine’s throne as the world’s top corporate ETH holder and second-largest crypto …
• 29 October

  Bitcoin Jumps $2K Before FOMC — Is This the Start of a Major Rally?

  

  Bitcoin (BTC) clawed back toward $114,000 Wednesday, up roughly $1,800 from 24-hour lows near $112,200, as traders dialed up bets on a dovish Federal Open Market Committee (FOMC) tilt that could ignite the next bull leg. With the Fed’s rate decision just hours away at 2 PM ET – widely priced for a 25-basis-point cut to 3.75%-4% – optimism swirls …
• 29 October

  $166M Crypto Laundering Crackdown: China Jails Five in Major Enforcement Action

  

  In a stark escalation of its iron-fisted stance on digital assets, a Beijing court has jailed five individuals for sentences ranging from two to four years, convicting them of orchestrating a $166 million cryptocurrency scheme to evade foreign exchange controls. Unveiled at the 2025 Financial Street Forum on October 28, the case – one of China’s heftiest crypto prosecutions this …
• 29 October

  Bitwise Solana ETF Launch Smashes Expectations with $69.5M First-Day Inflows

  

  The Bitwise Solana Staking ETF (NYSE: BSOL) stormed onto the scene Tuesday, amassing a whopping $69.5 million in first-day net inflows – the highest for any crypto ETF launch in 2025 – underscoring surging institutional hunger for Solana (SOL) exposure amid its staking rewards and DeFi dominance. Including $222.9 million in seed capital, BSOL’s assets under management hit $292.4 million, …
• 29 October

  Asia Markets Open Weak: Bitcoin Slips Under $113K as Fed Rate Decision Looms

  

  Asian equities kicked off the day on a subdued note Wednesday, with investors adopting a wait-and-see posture as the U.S. Federal Reserve’s interest rate decision loomed large. Crypto markets, too, cooled after a spirited run, with Bitcoin sliding under $113,000 amid profit-taking and a firmer greenback. The Fed’s anticipated 25-basis-point cut – the second this year, lowering the federal funds …
• 28 October

  Bitcoin Eyes $124K Breakout as Institutional Demand and Market Optimism Surge

  

  Bitcoin (BTC) is charging toward a potential breakout above $124,000, buoyed by record institutional inflows, on-chain accumulation signals, and anticipated U.S. Federal Reserve rate cuts that could ignite risk assets through year-end. As of October 28, 2025, BTC trades at $115,717, up 1.94% in 24 hours after reclaiming the $110,000 support amid a broader market rebound. This momentum echoes the …