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Bitcoin BTC$121,431.56 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure. IREN (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% year-to-date. TerraWulf (WULF) is 5% higher pre-market after a 10% surge on Thursday, bringing its YTD gain to 150%. Other notable movers include Cipher Mining (CIFR) CleanSpark (CLSK) and Bitfarms (BITF), which all trade 2%-4% higher in pre-market.The total market capitalization of the miners is nearing $90 billion, according to Farside data, and on…

Key takeaways:XRP’s (XRP) drop toward $2.80 was preceded by a significant amount of transfers from large holders, which some analysts said may fuel a deeper price correction. Whales are offloading their XRPXRP whales, or entities holding large amounts of tokens, have intensified their sell-side activity as the price dropped below $3. Related: Ripple to bring RLUSD stablecoin to Bahrain via new partnershipAnalyzing XRP Whale Flow data, using a 30-day moving average, CryptoQuant analyst Maartunn said that $50 million worth of XRP is leaving whale wallets daily.He added:“Selling pressure persists.”XRP: Whale Flow 30DMA change. Source: CryptoQuantThis aligns with a surge in XRP supply…

South Korea’s National Tax Service (NTS) is expanding its crackdown on tax evasion, warning that even crypto assets stored in cold wallets will be subject to seizure.According to a report from local news outlet Hankook Ilbo, an NTS official said the agency is prepared to conduct home searches and confiscate hard drives and cold wallet devices if it suspects that tax delinquents are hiding their crypto assets offline. “We analyze tax delinquents’ coin transaction history through crypto-tracking programs, and if there is suspicion of offline concealment, we will conduct home searches and seizures,” the NTS spokesperson reportedly said. Under the country’s National…

A privacy coalition has urged the Irish government to abandon work on a pre-draft bill that would grant law enforcement access to encrypted messages.Ryan Polk, an author at the Global Encryption Coalition (GEC), which advocates for and defends encryption worldwide, penned an open letter on Thursday, arguing that legislation proposed by Minister for Justice Jim O’Callaghan could lead to increased cybercrime and deter businesses from the country.“Any country that undermines encryption risks threatening the privacy and security of people far beyond its borders. But Ireland, as host to the EU headquarters of major tech companies including Apple and Meta, bears…

Bitcoin’s BTC$121,792.92 implied volatility (IV) gauge has climbed to a 2.5-month high, consistent with the seasonal trends. Volmex’s bitcoin implied volatility index, BVIV, which represents the annualized expected price turbulence over four weeks, has topped 42%, the highest since late August, according to data source TradingView. IV measures the market’s expectations for future price swings based on options pricing. Higher IV suggests traders are anticipating larger price movements ahead.The BVIV rose early this month alongside an upswing in BTC’s price and has continued to climb despite the latest pullback from the record high of over $126,000 to around $120,000.Bullish seasonalityBVIV’s…

Traders are flocking to the ZK-powered perpetuals trading platform amid the ongoing airdrop craze, and its OTC points market is going parabolic.As traders flock to tokenless perpetuals exchanges in pursuit of “the next Hyperliquid airdrop,” trading volumes hit a record $1 trillion in September, and as the sector heats up, the Lighter exchange’s activity-based points have hit an all-time high on over-the-counter (OTC) markets.The Lighter points system has been live since its closed beta launched in February, but valuations have skyrocketed over the last month.The leading Lighter OTC market, SOTC, cleared its first seven-figure transaction on Oct. 7, which also…

Canary Capital’s Trump Coin ETF (ticker: TRPC) has appeared on the Depository Trust & Clearing Corporation (DTCC) platform, a key milestone that typically indicates operational readiness for clearing and settlement. Related Reading While that energized traders, it’s not a green light to trade as the SEC must still approve the fund, and analysts broadly expect a decision no earlier than early 2026. Even so, the listing places TRPC alongside a growing wave of crypto-themed products, most notably 21Shares’ DOGE ETF, that signal rising institutional appetite for meme-coin exposure via regulated wrappers. TRUMP’s price trends to the downside on the daily…

Bitcoin holders may want to rethink their price targets for 2025, with one Bitcoin analyst arguing that $110,000 has been firmly established as Bitcoin’s new bottom.“You can kind of start lifting some of your targets and saying, “Well, because we’ve proven 110, that’s the floor, where do we go from here?” James Check said in an interview published on YouTube on Thursday.“We’ve built an enormous base up here at $2 trillion,” he said, referring to Bitcoin’s (BTC) market capitalization, which is currently sitting at around $2.42 trillion. “We proved a trillion [in 2024], we’ve proved $2 trillion in [2025], so…

Railgun (RAIL) has hit a new all-time high today amid a bullish rally that pushed its price up more than 300% over the past week.The surge comes amid renewed momentum in the privacy coin market, with leading privacy-focused cryptocurrencies also posting strong gains throughout October.Sponsored SponsoredRailgun (RAIL) Price and TVL Soar in October RallyRailgun is a privacy-focused protocol on Ethereum (ETH). It lets users shield transactions, swap tokens, and interact with DeFi protocols confidentially using zk-SNARKs. The protocol’s native token, RAIL, has been experiencing a remarkable rally lately.BeInCrypto Markets data showed that over the past week, the altcoin’s value has…

A new proposal from US Senate Democrats has reignited partisan tension in Washington’s crypto debate. The plan would tighten rules on decentralized finance (DeFi) frontends and empower the Treasury Department to blacklist risky platforms.The move drew backlash from industry leaders who warned it could halt months of bipartisan progress. Analysts say the proposal shows a deeper divide over balancing security and innovation.Sponsored SponsoredDemocrats’ Proposal Raises National Security ConcernsSenate Banking Committee Democrats sent the proposal to Republicans, seeking to extend Know Your Customer (KYC) requirements to crypto frontends — including non-custodial wallets — while removing legal protections for developers.Momentum had been…