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Join Our Telegram channel to stay up to date on breaking news coverage In the last week of October, the global non-fungible token market experienced a steep decline due to ongoing trade wars in Mexico, the USA, and China, as well as macroeconomic pressures, with its capitalization plummeting from $6.2 billion to $4.7 billion. In the past seven days, the NFT sales volume has also plunged by 26% to $101 million. The broader cryptocurrency market has experienced a similar crash at the same time. NFT Sales Fall 26% In The Past 7 Days Data compiled by CryptoSlam.io, an on-chain crypto…

The native token of oracle network Chainlink LINK$17.18 bounced 3.6% on Friday, reversing some of Thursday’s losses as traders stepped in around key support level.LINK briefly cleared the $17 level with a surge in trading volume — some 3 million tokens changed hands during a morning breakout up —, pointing to renewed accumulation, CoinDesk Research’s market insight tool suggested. However, weakness during the U.S. trading hours drove LINK back below $17. Recently, the token traded at $16.96.On the news front, payments-focused Stellar (XLM) announced to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Data Streams. The move enables developers…

Starting December 2025, Nordea will introduce a new investment opportunity for its customers, allowing them to trade a bitcoin-linked synthetic exchange-traded product (ETP) on its platforms. This announcement marks a significant step in making cryptocurrency more accessible to investors in the Nordic region. The ETP, manufactured by Coinshares International, will provide a novel way for individuals to gain exposure to bitcoin without directly owning the digital asset. This move by Nordea aligns with a growing trend among traditional financial institutions that are gradually incorporating digital currencies into their offerings. With the increasing interest in cryptocurrencies worldwide, more banks and financial…

According to CoinDesk Research’s technical analysis data model, ether ETH$3,880.89 advanced on heavier-than-usual trading, then slipped late after an upper-band rejection, leaving a tighter range and a clear set of checkpoints above and below.Analyst commentCrypto analyst Michaël van de Poppe said on X that Ethereum is the best ecosystem to invest in and that ether is near a push to a new all-time high above $5,000.In plain English: he’s arguing that developer activity, products and network effects make the ethereum ecosystem attractive, and that price action is getting close to the kind of strength seen before record highs.How that fits…

Although still in its “infancy,” quantum computing could pose a threat to Bitcoin and other proof-of-work algorithms in the near future, according to Amit Mehra, a partner at venture capital firm Borderless Capital.When asked what trends Borderless Capital was following, Mehra, speaking to Cointelegraph at Global Blockchain Congress Dubai 2025, said the company was  “diving deep into quantum compute” and looking at how companies are developing quantum resistance technology. Mehra said quantum computing will take until the end of the decade to develop. Still, he said, people tend to underestimate the rapid evolution of technology:“Given the recent advancements which have happened…

Sam Bankman-Fried is again challenging the core narrative of his downfall: that FTX was insolvent when it collapsed in November 2022.In a 15-page report written from prison and dated Sept. 30, the convicted founder claimed the exchange “was never insolvent” but merely trapped in a “liquidity crisis” after customers pulled $5 billion in two days.He argued that FTX and its trading arm, Alameda Research, together held $25 billion in assets and $16 billion in equity value against about $13 billion in liabilities. According to him, his firms had enough to repay customers in full if the company had been allowed…

Key Takeaways OKX obtained its MiCA license in January 2025. The exchange is working with Standard Chartered to offer products and solutions to EU institutions. European banks, hedge funds, family offices, and insurance firms are increasingly looking to crypto. Europe’s crypto scene has struggled to “take off” in comparison to the U.S., but things could be looking different as the continent’s bloc’s regulations take effect. CCN spoke with the CEO of OKX Europe, Erald Ghoos, at this year’s European Blockchain Conference in Barcelona, who shared great optimism for the future of crypto in the EU. OKX in Europe In January…

Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight.According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline. Despite thousands of government employees being furloughed across several agencies amid the shutdown, members of Congress continue to receive their paychecks and are permitted to conduct business in the House of Representatives and the…

“The safety of our traders’ funds is the bedrock of everything we do,” the company’s CCO stated. Toobit, a cryptocurrency exchange based in the Cayman Islands, announced the launch of a $50 million fund specifically designed to cover losses resulting from internal technical or security failures on the platform. It is important to note that the sum won’t be used to compensate losses resulting from personal account compromises, trading decisions, or market volatility. Focusing on the Traders’ Safety The multi-million-dollar initiative is called “the Toobit Shield Fund.” It was described as “a proactive risk reserve that provides free, automatic…

Bitcoin miner Core Scientific failed to win approval for a merger with AI infrastructure company CoreWeave during a shareholders meeting on Thursday.The final results of the preliminary vote will be disclosed in a Securities and Exchange Commission (SEC) filing on Friday, according to Core Scientific’s announcement. CoreWeave finalized the $9 billion acquisition in July, subject to shareholder approval, in which Core Scientific shareholders would receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share they own.Shares of Core Scientific fell by over 5% on Thursday following news of the shareholder vote. Cointelegraph reached out to the…