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As crypto adoption increases globally, governments are grappling with the potential impacts on their financial systems and economic stability. This week, several major policy changes have impacted the crypto industry — some that hinder innovation and others that bolster it.In the US, a government shutdown has halted any consideration of crypto-focused exchange-traded funds (ETFs). Federal agencies are operating with minimal staff until Congress reaches a budget agreement.In the UK, the government has lifted a ban on crypto-based exchange-traded notes (ETNs) — debt instruments that give investors exposure to crypto without owning it. UK regulators say the crypto market is mature…

Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours.In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash.“Regulators should look into the exchanges that had most liquidations in the last 24 hours,” he wrote. “Any of them slowing down to a halt, effectively not allowing people to trade? Were all…

Key takeaways:Bitcoin’s broader uptrend and on-chain data suggest the market remains in an expansion phase.Strong dip-buying by “sharks,” and key trendline support point to another BTC rebound.Bitcoin (BTC) attempted to recover a day after traders witnessed the biggest single-day wipeout on record, with over $5.39 billion in leveraged positions liquidated in 24 hours, which is twice as large as the “COVID-19 crash” in 2020.BTC total liquidations chart. Source: DefiLlamaAs of Saturday, BTC’s price had rebounded by 8.50% after dropping to its local low at around $103,000. At the time of writing, it remains down 11% from its record high of…

India’s most prominent financial technology summit, the Global Fintech Fest (GFF) 2025, intentionally excluded private crypto and stablecoins from its main agenda. The move signals the government’s strategic pivot from speculative digital assets toward a state-managed digital transformation. It also coincided with a massive crackdown on offshore crypto exchanges, clarifying that India’s FinTech future focuses strictly on technologies under the purview of the government and the Reserve Bank of India (RBI).Government-Led Digital Transformation Dominates the AgendaThe GFF 2025, held in Mumbai from October 7-9, featured major government figures, including the Union Finance Minister and officials from the RBI and the…

A crypto whale has pocketed over $160 million in profits after correctly betting on Bitcoin and Ethereum’s recent price decline.On October 11, blockchain analysis platform Lookonchain reported that a long-term Bitcoin holder had opened more than $1.1 billion in short positions on the top two cryptocurrencies by market capitalization.Sponsored SponsoredHow Bitcoin Crash Made This Trader $160 Million RicherThe trader effectively wagered that both assets would drop in value despite their recent bullish momentum. Within just 30 hours, that prediction proved right—Bitcoin and Ethereum prices fell sharply, earning the trader an estimated $160 million in realized profit.Following the sell-off, the trader…

As markets reeled from President Trump’s tariff escalation, Binance — the world’s largest crypto exchange — is facing widespread outrage after users reported frozen accounts, failed stop-loss orders, and flash crashes that sent multiple coins to near zero.Social media erupted late Friday after traders claimed that Binance’s systems locked up during the heaviest liquidation wave of the year. Sponsored SponsoredMultiple Altcoins Crashed To Zero On BinanceCoins such as Enjin (ENJ) and Cosmos (ATOM) briefly showed prices crashing to $0.0000 and $0.001, respectively, before rebounding. Some traders reported being unable to close or hedge positions as losses spiraled. Binance has proven once again…

Bitcoin’s latest correction rattled traders. BTC price dropped from above $120,800 to nearly $102,000 before bouncing back almost 9% to over $111,000. While altcoins like Ethereum and XRP fell over 13%, Bitcoin’s decline of 7% at press time shows it held up much better — hinting at underlying strength even amid heavy liquidations.Still, the big question remains: Can Bitcoin stay above $100,000, or will the price drop extend lower than this key psychological level soon? Three charts hold the answer.Sponsored Holders Rise and Veterans Stay Calm Amid The CrashThe first sign of support comes from on-chain holder behavior.Despite the crash,…

The spot Bitcoin ETFs (exchange-traded funds) have been in solid form over the past two weeks, laying a foundation for the strong price action experienced by the premier cryptocurrency recently. According to market data, the crypto-linked investment products opened the week with a daily inflow record of over $1.21 billion. As of this writing, with data from Friday’s trading session yet to be included, the US-based Bitcoin ETFs are currently on a nine-day streak of positive inflows. However, a focused look into the inflows trend shows that this data point doesn’t fully tell the story. Do Bitcoin ETFs’ Performance Depend…

XRP’s price experienced a massive crash, leaving over $700 million liquidated. But why? The broader cryptocurrency market saw its worst deleveraging events in history throughout the past 24 hours. Ripple’s XRP didn’t go unscathed. In fact, it was one of the altcoins that painted massive red wicks, dropping to as low as $1.2 on the Binance perpetual contracts charts. That’s a 60% drawdown, which, not surprisingly, had a lot of traders liquidated. So much so that, in fact, almost $1 billion worth of leveraged positions were wiped out in the past 24 hours. Why is the XRP Price Going…

XRP has lost its momentum as of late, but will the struggles continue? Ripple’s cross-border token had a spectacular run in the past year, which culminated in the summer of 2025 with a surge to a new all-time high of $3.65. Thus, it managed to break the 2017 peak after more than eight years of sitting below $3.4. However, its rally has hit a massive roadblock that has crippled it from pushing to and beyond those levels. What’s particularly painful for the XRP Army is that Bitcoin managed to tap a new all-time high earlier this week. Moreover, BNB…