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Key points:Bitcoin bulls are attempting to sustain the price above $107,000, but the bears have continued to exert selling pressure.The recovery in most major altcoins has fizzled out, indicating that the bears continue to sell on minor rallies.Buyers have managed to keep Bitcoin (BTC) above the vital $107,000 support level, but the lack of a solid rebound suggests that the bears have maintained their pressure. The short-term uncertainty has divided the analysts on BTC’s next directional move. Standard Chartered’s global head of digital assets research, Geoff Kendrick, told Cointelegraph that BTC remains on track to hit $200,000 by the end of…

Dubai, UAE, 22nd October 2025, Chainwire [PRESS RELEASE – Dubai, UAE, October 22nd, 2025] The Veles Finance platform is now accessible to mobile users through its official iOS application. The new app allows traders and investors to manage trading bots, monitor performance, and analyze profits directly from their iPhone. The application can be downloaded from the App Store. The release marks an expansion of the Veles Finance ecosystem, providing users with functionality previously available only through the web platform. Traders can now launch and stop bots, manage active orders, and track trading results through an intuitive mobile interface designed…

Joshua Armbrust mined $5,895 in Ethereum using his former employer’s AWS account, but escaped jail time with three-year probation. A former Digital River employee has been ordered to pay more than $45,000 back to his previous employer after unlawfully using company computing systems to mine cryptocurrency. Joshua Paul Armbrust, 45, was sentenced Tuesday to three years’ probation by US District Judge Jerry Blackwell, following his April guilty plea to a felony computer fraud charge. Armbrust’s Covert Mining Scheme Exposed According to court filings, Armbrust continued exploiting Digital River’s resources for over a year after leaving the Minnetonka-based e-commerce and…

Researchers at tech giant Google said they mapped out the structure of a molecule 13,000 times faster than the most powerful “supercomputers” available today, achieving the first verifiable quantum advantage.The experiment used Google’s Willow Quantum processor and “quantum echoes,” a technique that uses targeted waves to image an object in detail, according to Google. The technique targets a single qubit, the basic unit of information storage in quantum computing, with a precise signal, causing it to react. The process is then reversed, allowing the researchers to measure the “echo” or signal that bounces back, Google said.The four steps in Google’s…

The cryptocurrency market in 2025 is increasingly being shaped by institutional adoption and the rise of stablecoins, underscoring rapid advances in blockchain technology capable of supporting broader mainstream use, according to venture capital firm Andreessen Horowitz (a16z).In its latest State of Crypto report, a16z highlighted the growing involvement of traditional financial giants such as BlackRock, Visa, Fidelity and JPMorgan Chase, alongside fintech companies like Stripe, PayPal and Robinhood, all of which are expanding their presence in the digital asset space.Part of this growth is being driven by improvements in underlying blockchain infrastructure, with some networks now processing over 3,400 transactions…

[Major Industry News] As market rumors spread about Ripple’s $1 billion acquisition of GTreasury, BlackchainMining, a UK-registered green cloud mining platform, announced the launch of a global incentive program. This program offers a reward pool of up to $77.77 million to XRP holders and new users, ushering in a new era of digital asset appreciation!Say goodbye to the dilemma of holding coins: the moment of wealth awakening for XRP holdersUnlike Bitcoin, XRP is fully distributed from its inception, requiring no traditional mining. This puts many long-term holders in a dilemma: continue to wait for appreciation, or choose the right time…

APIA, Samoa, Oct. 22, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, today launched an upgraded Rewards Hub with up to $15,000 USDT in total rewards, mystery box system, and missions for new and experienced traders. The upgraded Rewards Hub replaces fixed prizes with mystery boxes containing cash, BTC airdrops, trading fee vouchers, and futures bonus coupons.Updated Rewards Hub includes:Newcomer Welcome Gifts — Up to 5,000 USDT for KYC verification, first deposit, and first trade$10,000 Trading Challenge — 5,000 USDT in Futures rewards plus 5,000 USDT in Spot rewardsEarn Incentives — 7% interest boost coupons for new users completing staking…

Reflecting its evolution into a global builder of next-generation data center infrastructure powering Bitcoin and, in the future, AI computationTRENTO, Italy, Oct. 22, 2025 /PRNewswire/ — Alps Blockchain, a European leader in digital infrastructure and Bitcoin mining, today announced its forthcoming corporate rebranding to Alps, marking a new chapter in its growth as a fully integrated infrastructure company.The rebranding underscores Alps’ transformation from a pioneering Bitcoin mining operator into a vertically integrated builder and manager of advanced data centers, capable of converting energy into digital computation – from Bitcoin mining with ASIC systems to, in the future, high-performance computing (HPC) for…

BlackRock has officially listed its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange (LSE). This comes after the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto-linked investment products.  The ETP, ticker IB1T, allows retail investors to gain exposure to Bitcoin without directly trading or storing the cryptocurrency, offering a simplified entry point into the digital asset market. The product is fully physically backed, with all Bitcoin held in secure custody through Coinbase.  BlackRock emphasized that the ETP removes the technical challenges of holding cryptocurrency, transferring responsibility for secure storage to the issuer. According to the firm,…

Hyperliquid (HYPE) has had a turbulent week as the broader altcoin market faces intense selling pressure. After weeks of steady growth, the token is now testing key support levels, with bulls struggling to regain control. Despite the ongoing correction across the crypto landscape, sentiment around Hyperliquid remains mixed — while traders brace for more downside, some optimistic analysts see potential for recovery in the coming weeks. Related Reading According to fresh data from CryptoQuant, whales are going long on HYPE, signaling renewed confidence among large investors even as retail sentiment weakens. These whale moves often mark the early stages of…