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In early November, the cryptocurrency Quant (QNT) witnessed a significant price increase of 20%, despite hitting a rough patch that triggered substantial long liquidations in the $74-$76 range. This sudden rise in value has sparked both interest and caution among investors, as analysts weigh the factors contributing to this surge and the potential for a reversal. The initial downturn at the start of the month led to a wave of long liquidations, as investors who had bet on rising prices were forced to exit their positions. The sharp decline in price put pressure on QNT, a blockchain interoperability solution designed…

Stablecoin issuer Circle has advocated for a level playing field among banks, nonbanks and stablecoin issuers as the US Treasury Department considers implementing the GENIUS Act following its signing into law in July. In comments submitted on Tuesday as part of the Treasury’s notice of proposed rulemaking for GENIUS, Circle was one of many crypto companies that weighed in on how the US government should implement the law establishing a framework for payment stablecoins. While the company reiterated many of the principles for which proponents of the bill had advocated, such as having stablecoins “fully backed with cash and high quality…

HONG KONG, Nov. 6, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today released a letter to shareholders at the one-year milestone of its bold transformation to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, emphasizing Cango’s vision to deliver energy-secured HPC services. The journey began in November 2024 with Bitcoin mining as a practical entry point to secure energy access, build operational expertise, and create flexible sites for long-term goals.In just eight months, Cango scaled to a 50 EH/s global platform by acquiring 32 EH/s of on-rack mining machines in November 2024, followed by 18 EH/s in…

Cryptocurrency wallet company Tangem has launched Tangem Pay, a virtual Visa card connecting directly to the hardware wallet and allowing users to spend stablecoins at millions of merchants worldwide.Launched in collaboration with US payment infrastructure company Paera, Tangem Pay enables users to deposit and spend Circle’s USDC (USDC) stablecoin on the Polygon network, Tangem said in an announcement shared with Cointelegraph on Wednesday.“Once the user deposits into their Tangem Pay account, they can spend anywhere Visa is accepted, regardless of the local currency,” Tangem Pay CEO Marcos Nunes said, adding that the solution supports Apple Pay and Google Pay for…

Pal says $10 trillion in U.S. debt rollover will trigger fresh Treasury spending, weaken the dollar, and strengthen risk markets. A significant tightening of U.S. dollar liquidity is pressuring crypto markets, with Bitcoin (BTC) temporarily falling to a five-month low near $99,000. Despite the current downturn, prominent macro analyst Raoul Pal is telling investors that a massive wave of global fiscal and monetary stimulus is on the horizon, setting the stage for a powerful crypto recovery. Pal and Hayes Point to Liquidity as Crypto’s Next Big Catalyst Pal’s optimism stands out in a market still reeling from steep losses.…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP price crash this week has stirred up a lot of discussion in the crypto community, eliciting mixed reactions from key players and the broader crypto community. While XRP’s decline is undeniable, a prominent validator within the ecosystem has weighed in on the situation, arguing that the price decline is part of a larger market downtrend affecting all cryptocurrencies.  XRP Price Crash Reflects Broader Market Struggles According to Vet, an XRP Ledger (XRPL) dUNL validator, the recent price drop in XRP should not be viewed in…

Iris Coleman Nov 05, 2025 11:40 Explore BNB Chain’s recent advancements, including new projects, ecosystem updates, and key metrics. Discover initiatives like the $1B Builder Fund and the latest trading platforms. The BNB Chain ecosystem continues to expand and evolve, showcasing significant developments from October 16 to 22, 2025. According to the BNB Chain blog, the blockchain platform has witnessed remarkable activity in terms of user engagement and new project launches. Key Metrics During the reported week, the BNB Smart Chain (BSC) recorded an average of 2,508,097 daily active users, while the opBNB…

Crypto.com is partnering with Hollywood.com to launch an entertainment-based prediction market that will facilitate trades related to films, TV shows, music, awards shows, Broadway shows and more.   The event contracts will be offered through Crypto.com’s CFTC-registered exchange and clearing house and available on Hollywood.com, an entertainment news site.In the press release announcing the partnership, Crypto.com Managing Director of Global Head of Capital Markets Travis McGhee and Hollywood.com co-CEO Mitchell Rubenstein both speak of the passion of entertainment fans and the burgeoning popularity of prediction markets.“Entertainment fans are some of the most passionate consumers and we look forward to providing them a…

A further decline or a major rebound to a new ATH: what’s next for XRP? The violent correction in the broader cryptocurrency market has severely impacted Ripple’s XRP, erasing almost all the gains it achieved throughout 2025. Some popular analysts believe the price may sink even more in the short term. Entry Point at This Level? Several hours ago, Ripple’s cross-border token plummeted to as low as $2.09 amid a new major market crash, resulting in liquidations exceeding $1 billion. The bulls managed to halt the free fall and later pushed the price to the current $2.23 (according to CoinGecko’s…

The update gives institutional customers, such as banks, asset managers, and exchanges, the ability to connect to off-chain financial data. It also lets them secure that data for tokenized assets. This advancement comes at a crucial time, as traditional finance continues to explore stablecoins and real-world asset (RWA) tokenization at scale. Bridging Off-Chain Data with Onchain Value In recent years, global institutions have become increasingly interested in bringing assets like bonds, real estate, and treasury funds onto blockchains. According to Boston Consulting Group, tokenized assets could represent over $16 trillion in value by 2030. But while the excitement is growing,…