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Victoria, Seychelles, November 12, 2025 – MEXC, a leading global cryptocurrency exchange, announced the successful conclusion of its Flip Fest Event, which ran from October 14 to November 8, 2025. The event attracted over 200,000 participants worldwide and distributed 5 million USDT in rewards.The event combined gamified card collection with Futures trading activity. Participants collected Pocket Cards daily and combined them with Community Cards to form five-card hands. Higher-ranking hands earned larger shares of the prize pool. The format included Power Card mechanics and daily challenges, providing multiple strategies for participants to maximize their rewards.Additionally, the event delivered substantial rewards…

In brief Pro-XRP lawyer John Deaton announced a new U.S. Senate bid, this time challenging Democratic Sen. Ed Markey in Massachusetts’ 2026 election. Deaton, a Republican, previously lost to Sen. Elizabeth Warren by nearly 20 points, but gained national attention as a pro-crypto candidate. His new campaign does not appear to focus on crypto as a policy issue, though it accepts crypto donations. Pro-XRP attorney and Crypto Twitter mainstay John Deaton formally announced another U.S. Senate bid late Monday, after failing to unseat noted industry critic Elizabeth Warren last fall. Deaton will run in next year’s midterm election against Sen. Ed…

Revenue Procedure 2025-31 lets ETPs distribute staking rewards directly to investors without triggering extra taxes. The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax. The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax laws. Safe Harbor Guidance Under Revenue Procedure 2025-31, ETFs and trusts are now allowed to stake digital assets and share the rewards directly with investors. Treasury Secretary Scott Bessent stated on November 10 that the move…

When FTX filed for bankruptcy on Nov. 11, 2022, it sent shockwaves throughout the crypto world, erasing billions in market liquidity and shattering confidence in centralized exchanges. The dramatic collapse became a turning point for the digital asset industry, triggering calls for stronger transparency and reactions from regulators. Three years after the exchange’s collapse, transparency initiatives across the crypto industry have proliferated. Proof-of-reserves attestations, audits and onchain analytics represented progress. Still, many of those reforms remain works in progress, and some of FTX’s creditors have yet to be made whole. CEXs forced to adjust post FTXCentralized exchanges bore the full…

Key takeaways:Bitcoin’s Wave III expansion could drive prices toward $200,000 to $240,000.The long-term structure remains bullish despite flat futures market activity in Q4.US economic rebound and risk-on sentiment may fuel Bitcoin’s next rally.Bitcoin’s (BTC) long-term price structure is showing renewed strength as analysts anticipate the next phase of its parabolic expansion. According to market analyst Gert Van Lagen, Bitcoin has once again rebounded from its 40-week simple moving average (SMA). Van Lagen said that the corrective Wave II phase appears close to completion, with Wave III expansion on the horizon. Completion of the pattern could push BTC price to $200,000…

In 2025, Bitcoin cloud mining has become one of the easiest ways to earn passive crypto income — no hardware, no setup, no electricity bills. These trusted cloud mining webs let users rent real computing power from professional data centers, many powered by renewable energy and AI optimization.Still, finding a legal and profitable cloud mining platform isn’t always easy. This guide lists 7 verified Bitcoin cloud mining sites that offer real contracts, transparent ROI plans, and official registration in regulated countries.Is Bitcoin Mining Still Profitable in 2025?Yes — Bitcoin mining can still be profitable in 2025, especially on the right…

Michael Selig, currently serving as chief counsel for the crypto task force at the US Securities and Exchange Commission, will face questioning from senators next week in a hearing to consider his nomination as the chair of the Commodity Futures Trading Commission.On Tuesday, the US Senate Agriculture Committee updated its calendar to include Selig’s nomination hearing on Nov. 19. The notice came about two weeks after the SEC official confirmed on social media that he was US President Donald Trump’s next pick to chair the agency following the removal of Brian Quintenz.Hearings for Quintenz, whom Trump nominated in February, were…

EOS – a cryptocurrency, whose market cap surpassed $2 billion last year – is among the delisted ones. The leading US-based cryptocurrency exchange has decided to terminate all trading services for five digital assets. The announcement resulted in substantial price declines for the affected tokens. Interestingly, many users applauded the move, describing some of the scrapped coins as scams and rug pulls. The Departing Ones Coinbase regularly monitors the tokens listed on the platform to ensure they meet all necessary standards. Based on the recent reviews, the team decided to suspend trading for Clover Finance (CLV), EOS (EOS), League of…

Singapore, Singapore, November 11th, 2025, ChainwireBSX Labs, backed by Blockchain Capital and Coinbase Ventures, brings expertise from supporting over $15B in orderbook trading volume. The team will help RISE develop EVM-based synchronously composable orderbook primitives that will bridge traditional financial markets.RISE today announced its acquisition of BSX Labs, the team behind the BSX perpetuals exchange on the Base network.The BSX team’s experience in designing and operating a hybrid orderbook trading system positions RISE to accelerate innovation in fully onchain orderbook products, a core use case of RISE’s high-speed Ethereum Layer 2 blockchain. This collaboration will deliver Integrated Orderbook Primitives that…

New York, United States, November 11th, 2025, ChainwireThreshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the…