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A majority of lawmakers in the US Senate voted to confirm Jonathan McKernan as Under Secretary for Domestic Finance at the Department of the Treasury.In a Tuesday vote of 51 to 47, the Senate confirmed McKernan to the US Treasury, serving under Secretary Scott Bessent. Though the US government has been shut down since lawmakers failed to pass a bill extending funding beyond Sept. 30, Congress can essentially continue to operate.McKernan, nominated to the Treasury by US President Donald Trump in June, has previously suggested opposition to debanking policies in the government, but did not explicitly tie the alleged practice…

Miami, Florida, October 8th, 2025, Chainwire FLOKI, the community-driven cryptocurrency, has partnered with Water Wells for Africa (WWFA) to fund two new clean water wells in Malawi, a landlocked country in southeastern Africa where many rural communities still lack access to safe drinking water. The initiative reflects FLOKI’s commitment to philanthropy, a core pillar of its project and demonstrates how digital assets can be used for direct, real-world impact. Notably, both wells were fully funded in FLOKI tokens, showing how crypto donations can fuel meaningful development efforts. “At its core, charity is a fundamental pillar for FLOKI,” the team said. “Everyone…

According to Santiment, XRP is seeing its highest level of retail fear, uncertainty and doubt in six months. That surge in negativity is being read by some analysts as a contrarian signal — fear on the street could come just before a turnaround. Related Reading While traders grumble, on-chain data shows crowd mood tipping toward worry, and Santiment points out that when retail panic grows, markets have a habit of moving in the opposite direction. Retail Fear Hits Six-Month High Based on reports from the blockchain analytics firm, the bullish-to-bearish ratio reached 3.21 on Sept. 17 during a wave of…

After launching its FAssets system, which lets users bring non-smart contract assets like XRP and BTC into DeFi, the network’s next move focuses on growing the FLR holder base. To make this happen, Flare has teamed up with TOP Wallet, a Telegram-native Web3 app used by over 100 million people worldwide. Together, they’re rolling out the FLR Launch Campaign, a large-scale activation that brings FLR directly to users inside Telegram—no external wallet needed. Bringing FLR to Telegram’s Web3 Hub Running from October through November 2025, the Wallet x Flare campaign is built around three pillars: deep product integration, community education,…

Spot Bitcoin ETFs are drawing institutional cash at a record pace. According to Bitwise CIO Matt Hougan, the products are heading for their strongest quarter yet as wirehouse approvals and inflation-hedge demand unlock new capital pools.Sponsored SponsoredDistribution Unlocks Momentum For ETFsBy the end of Q3, Bitcoin ETFs had attracted $22.5 billion and are on track to reach $30 billion by year-end. US spot Bitcoin fund trading rose to $7.5 billion in a single day this month—proof of liquidity deep enough for large institutional orders with minimal slippage.Source: Bitwise Asset ManagementAs Bitcoin broke above $100,000 and hit $125,000, ETF activity climbed…

Investor appetite for XRP is widening as traders seek new ways to increase exposure beyond spot holdings.The rise of XRP-focused leveraged exchange-traded funds (ETFs) illustrates this trend, revealing how participants supplement traditional accumulation with higher-risk, higher-reward strategies.Leveraged XRP ETFsOn Oct. 7, GraniteShares, a leading ETP issuer, filed to launch two XRP-based leveraged funds, including the GraniteShares 3x Long XRP Daily ETF and the GraniteShares 3x Short XRP Daily ETF. The firm also filed for leveraged products focused on Bitcoin, Ethereum, and Solana.These funds aim to triple XRP’s daily gains or losses, providing traders with a regulated and liquid means of…

Market observer says despite the recent pullback, Bitcoin’s next cycle could hit $400,000, citing a recurring 3-month chart pattern. Bitcoin’s recent retreat from a record-breaking $126,200, per CoinMarketCap, hasn’t shaken bullish analysts, with one predicting the next peak could go as high as $400,000. The flagship cryptocurrency briefly hit a new all-time high on October 6 before dipping below $124,000, but market sentiment remains upbeat as traders brace for what could be another explosive cycle. The Case for a Historic Breakout According to market watcher EGRAG CRYPTO, Bitcoin is forming a clear channel on its three-month chart, a pattern that…

Ethena Labs, the team behind the synthetic dollar USDe, has partnered with Jupiter Exchange, a decentralized exchange (DEX) aggregator on Solana, to introduce JupUSD, a new native stablecoin designed for the Jupiter ecosystem. According to Ethena’s X post on Wednesday, the partnership aims to expand liquidity, boost yields, and strengthen decentralized finance (DeFi) integrations within […]

A Tel Aviv man allegedly beat and stabbed a crypto holder to steal – $650,000 in Bitcoin and other assets.The loot was laundered through centralised crypto exchanges HTX and Kyrrex, prosecutors say.It is one of Israel’s most violent crypto heists yet.An Israeli man has been charged on Wednesday with carrying out a violent crypto robbery in the Israeli city of Herzliya.Prosecutors in Tel Aviv have filed an indictment against Murad Mahajneh, 46, alleging that he and two unidentified accomplices broke into an apartment last month and assaulted its resident.The group stole roughly $650,000 worth of Bitcoin and Tether, along with…

Shayne Coplan, the founder of prediction market Polymarket, is once again in the limelight, as prediction markets shift from regulatory bans in the United States to legitimate financial markets with institutional backing.Bloomberg named Coplan among the world’s billionaires following a $2 billion investment in Polymarket by New York Stock Exchange parent Intercontinental Exchange (ICE).Coplan launched the platform in 2020 when he was 21 after dropping out of New York University. He often worked on the platform from the bathroom in his New York apartment, he said.Coplan’s makeshift bathroom office. Source: Shayne CoplanBefore launching Polymarket, Coplan was working on a crypto…