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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has entered a phase of heightened volatility and uncertainty, with the market showing signs of indecision after weeks of strong momentum. The leading cryptocurrency continues to trade just below its all-time high near $126,000, with bulls and bears now locked in a battle to determine the next major move. Some analysts believe Bitcoin is preparing to break through resistance and enter price discovery, targeting new record highs. Others, however, warn of a potential short-term correction, arguing that market euphoria may have reached unsustainable levels. According to…

Early Bitcoin investor and Bitcoin Cash co-founder Roger Ver has reached a tentative settlement with the U.S. Department of Justice over criminal tax charges tied to an alleged $48 million loss to the government, The New York Times reported on Oct. 9.Ver was arrested in April 2024 and charged with mail fraud, tax evasion, and filing false tax returns.Prosecutors alleged that Ver concealed ownership of large Bitcoin holdings from the Internal Revenue Service while living abroad, thereby depriving the U.S. government of tens of millions of dollars in tax revenue.People familiar with the matter told the newspaper that under the…

Elliptic says 2025 thefts have already smashed records.Funds believed to help bankroll Pyongyang’s nuclear programme.North Korea’s state-backed hackers have already stolen over $2 billion in cryptocurrency this year — setting a new record — with three months still to go.Blockchain analytics firm Elliptic said the regime’s total crypto haul has now topped $6 billion, marking what experts describe as one of the most sustained and profitable cybercrime campaigns in history.“The actual figure may be even higher,” Elliptic wrote, explaining that it had only included heists it was certain was conducted by North Korean hackers.The firm attributed the bulk of the…

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE), the exchange said on Thursday.Bybit becomes the first crypto exchange to obtain this full license from the SCA, the company said in a press statement.A number of crypto firms with operations in Dubai are regulated under the VARA framework. The SCA regulation is wider in scope as it applies on the UAE mainland, and applies to entities outside Dubai’s jurisdiction under VARA. (ByBit also has a provisional license under the…

In today’s “Crypto for Advisors” newsletter, Joshua De Vos, research team lead at CoinDesk, breaks down crypto trends and adoption from the CoinDesk Quarterly Digital Asset Report.Then, Kim Klemballa answers what advisors need to know about crypto “Ask an Expert.”Thank you to our sponsor of this week’s newsletter, Grayscale. For financial advisors near Denver, Grayscale is hosting an exclusive event, Crypto Connect, on Thursday, October 23. Learn more.– Sarah MortonDigital Asset Quarterly Review Q3Digital assets extended their recovery in Q3 as liquidity returned to global markets. As stated in CoinDesk’s Digital Assets Quarterly Report, the Federal Reserve’s decision to cut rates…

DALLAS, TX / ACCESS Newswire / October 9, 2025 / Messier 42 LLC (“M42”), a private leading global artificial intelligence technology and digital transformation company, announces that it has entered into an agreement to acquire a minority interest in Epirus, a high-growth technology company dedicated to overcoming the asymmetric challenges inherent to the future of national security.This investment highlights M42’s achievements and broad applicability with Psychometric AI and Epirus’ continued innovation in defense technology through the Leonidas family of solid-state, software-defined, high-power microwave (HPM) systems built to counter evolving electronic threats, starting with the Counter-UAS mission.The agreement is subject to…

Securing a job in the crypto industry could be challenging for less-experienced candidates this year, with only one in 10 crypto roles at the entry level, according to a new survey from venture capital firm Dragonfly Capital.Crypto recruitment executives say the trend may be linked to a surge in failed crypto projects in recent times.“Crypto was hard to break into; less than 10% of roles were entry-level,” Dragonfly Capital said in a report published on Thursday, citing data collected from 85 crypto companies in late 2024 and Q1 2025, along with approximately 3,400 employee and candidate data points. Meanwhile, senior and…

Luxembourg’s sovereign wealth fund has become the first in the Eurozone to invest in Bitcoin, allocating 1% of its $730 million portfolio to Bitcoin exchange-traded funds (ETFs). Finance Minister Gilles Roth announced the decision on Thursday, marking a turning point in how state capital interacts with digital assets.The move highlights the cryptocurrency’s growing legitimacy among institutional allocators. Once treated as a speculative outlier, Bitcoin is now being evaluated alongside traditional stores of value and inflation-hedging instruments.Luxembourg’s Bold Step: Investing in Bitcoin ETFsThe Intergenerational Sovereign Wealth Fund (FSIL) made the investment under a revised mandate that allows up to 15% of…

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.ANALYSISPolymarket’s potential launch of the POLY token may mark the end of UMA’s reign over prediction markets and the beginning of an era where truth itself is governed in-house.So far, the token has only been teased. Nothing is known about the tokenomics or utility of the token, but given complaints from the community, it’s possible to speculate on…

The growth is being driven by rising liquidity on DeFi protocols like Suilend and Momentum.Sui, a layer 1 (L1) blockchain, reached a new all-time high in total value locked (TVL) of $2.6 billion on Thursday, according to data from DeFiLlama. The figure marks a 37% increase from one month ago and a 160% jump from a year earlier, when TVL stood at around $1 billion. Sui recently surpassed $156 billion in decentralized exchange (DEX) volume, and is the sixth-largest chain by 24-hour trading volume, per CoinGecko Meanwhile, the blockchain’s native token is changing hands at $3.39 with a market capitalization…