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Crypto exchange BitMart might not be shutting down after all, following this weekend’s announcement of plans to explore a potential “restructuring plan.” BitMart says the plan may involve the phased “resumption of certain operations in an orderly manner alongside distributions to creditors.” Restructuring counsel White & Case has been hired to help BitMart assess its options, while a roadmap detailing its future will be released “no later than September 9, 2026.” Read more: BitMart CPO resigns as insolvency speculation mounts Just over a month ago, on July 26, BitMart announced that it would cease all of its operations by January 31, 2027.  What followed was weeks of panic from users trying and failing to withdraw all of their assets from the exchange.  BitMart’s Chief Product Officer Terence Lee resigned in a post that distanced himself from the crypto exchange’s core operations.  Its CEO Nathan Chow was terminated prior to the...

The XRP price plunged 5% over the past 24 hours to $2.41 as of 3:44 a.m. EST even as trading volume surged 80% to $3.1 billion. The drop followed sharp criticism from  Solana Foundation executive Vibhu Norby, who called XRP a “mediocre token” that has been “outclassed” by Solana (SOL) in speed, scalability, and developer adoption. I want Ripple and XRP to succeed at an insane degree such that the entire industry moves forward. But the fact is that the community does not argue with facts, even though the data is readily available. And as a longtime engineer and truth seeker, that bothers me. It is totally… pic.twitter.com/2U6tOmG8sI — vibhu (@vibhu) November 1, 2025 The comments reignited rivalry between the two blockchain communities, with XRP supporters emphasizing Ripple’s expanding role in cross-border payments and institutional partnerships. Analysts said the criticism may have fueled short-term selling pressure, though long-t...

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The Bitcoin price slid 2% over the last 24 hours to trade at $111,33 as of 3.30 a.m. on trading volume that slumped 31% to $50.47 billion. There may be worse to come, according to Glassnode, which warned that if the price can’t climb back above its cost basis at $113k, a plunge to $88k could happen as long-term holders begin to reduce positions.​ 🧠 Veteran Sellers Making Moves Bitcoin's struggling to break back above $126k, with long-term holders keeping up their steady profit‑taking. Glassnode #insights reveal these pros, after months of stacking, are cashing in gradually, fueling ongoing downward pressure. ➡️… pic.twitter.com/h9PDRsGags — CryptOpus (@ImCryptOpus) October 31, 2025 If the market finds enough buyers, some analysts say a rebound toward $113,000 and higher could still be possible, but demand remains weak for now.​​ Trading volume has also slowed as investors step back, waiting for clearer signs. Bit...

Pseudonymous analyst Crypto Bitlord, with a following of nearly half a million on X, predicted that Ripple’s XRP could reach the $21 mark this cycle. That’s an ambitious price target, which seems unrealistic, and the analyst got called out for his larger-than-life forecast by investors. The $XRP community is one of the largest crypto communities on earth so when it smashes through $21 this cycle watch the world flip — Crypto Bitlord (@crypto_bitlord7) October 28, 2025 “The XRP community is one of the largest crypto communities on earth. So when it smashes through $21 this cycle, watch the world flip,” he said on X. A user quickly flagged the prediction, saying, “It won’t reach $4. This guy $21.” Several commentators questioned the price projection, calling it “a meme price in a bear market. ” Another user opined, “$21 feels like we’re chasing a myth,” but said, “the pump might just surprise us all” in the end. However, the majority of XRP com...

While the larger crypto market is facing a correction, Trump Coin (Official Trump/TRUMP) is registering gains on every time frame. According to CoinGecko data, Trump Coin has seen an 8.7% rally in the last 24 hours, a 42.9% rally in the last week, a 35.8% rally in the 14-day charts, and a 10.2% rally over the previous month. Let’s discuss why TRUMP’s price is going up, while most other crypto assets are facing corrections. Source: CoinGecko What’s Behind Trump Coin’s Price Rally? Source: Newsweek Trump Coin’s latest price surge comes amid positive trade talks between the US and China. The crypto market faced its most significant single-day liquidation earlier this month after the two countries engaged in a trade dispute. The market slightly recovered after President Trump said that the two nations would finalize a new trade deal. However, the recent positive trade developments have led to a wider market rally. TRUMP is among the few crypto assets trading in...

Musk’s $1T pay package is heading for a shareholder vote on November 6th, and Board Chair Robyn Denholm is basically threatening that a no vote would trigger an Elon Musk departure. I find this interesting. The shareholder vote Tesla is about to go through could totally reshape the company’s leadership and force the Tesla board decision on finding an internal CEO. Tesla Board Preps CEO Succession Amid Musk $1T Pay Package Vote Tesla CEO succession has become urgent right now as the annual meeting approaches. Denholm only had 10 days to send a letter to shareholders before the vote, and she’s framing it as a survival question for whether Musk will stick around. 10 days until our Annual Meeting on November 6 Watch Board Chair Robyn Denholm on @CNBC explain why this vote is so critical to Tesla’s futurehttps://t.co/t1LJJAiGS8 — Tesla (@Tesla) October 28, 2025 Denholm stated: “Do you want to retain Elon as Tesla’s CEO and motivate him to drive Tesla to be...

Historic payment network Western Union says it plans to launch its own stablecoin on the Solana Network in 2026. The new dollar-backed stablecoin would let its 100 million customers send money internationally, detached from local fiat currency fluctuations and risks. JUST IN: Western Union to launch stablecoin on Solana in 2026. pic.twitter.com/w0rJDyqVMs — Watcher.Guru (@WatcherGuru) October 28, 2025 Per Western Union’s Tuesday announcement, the U.S. Dollar Payment Token, or USDPT, will be built on the Solana blockchain and issued by Anchorage Digital Bank. The digital token is expected to launch in the first half of 2026, and customers will be able to access it through Western Union’s partner exchanges. The Solana layer-1 blockchain network is home to plenty of successful stablecoins, and Western Union’s coin would arguably be one of the most important ones out there. “We are a long way from the telegraph, but the idea of connecting people and using technology to do ...

Victoria, Seychelles, October 28, 2025 — Global cryptocurrency exchange MEXC has released its Q3 2025 Risk Control Performance Review, showing a 36% decline in organised crime cases. This report highlights the continued success of MEXC’s global compliance framework, advanced risk control systems, and law enforcement partnerships in combating crypto-related financial crime. Key Takeaways $4.97 million USDT in illicit funds frozen and 48 fraud cases intercepted during July–August 2025 through advanced security protocols. 45,513 organised crime cases recorded in Q3 2025, a decline of 36%, over 70,000 illicit activities prevented since the start of MEXC’s enhanced Risk Control initiative in Q2 2025. 593 assistance requests and 121 official freeze requests were processed in cooperation with law enforcement agencies. $900,000 USDT of user assets manually recovered by MEXC’s customer support. MEXC received recognition at ICFC 20...