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Why Is Crypto Down Today? – October 16, 2025
The crypto market is down today, with the cryptocurrency market capitalization decreasing by 1.4%, rising to $3.88 trillion. Of the top 100 coins, 93 have dropped over the past 24 hours. At the same t...

Kraken Buys CFTC-Regulated Small Exchange for $100M to Launch US Derivatives Platform
Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group for $100 million, marking a major step in its effort to expand into the US derivatives market. Key Takeaw...

Trump Family Earned $1B in Pre-Tax Gains Through Crypto Ventures: Report
The family of US President Donald Trump has generated pre-tax gains of around $1 billion in the past year from their diverse array of crypto-related ventures, a new investigation reveals. Trump family...

Ethereum Adds 16K Developers in 2025, Yet Solana Steals All the Hype
Ethereum added 16,181 new developers from January to September 2025, more than any blockchain, yet Solana captured the narrative as the industry’s hottest ecosystem, according to Electric Capital data...

CZ’s YZi Labs Leads $50M Round for Stablecoin Payments Firm BPN
YZi Labs, the venture arm formerly known as Binance Labs, has led a $50 million seed round in Better Payment Network (BPN), a startup aiming to modernize cross-border payments using stablecoins. Key T...

Bitcoin OG Transfers 2,000 BTC to 51 Wallets — Are Whales Looking to Dump?
A long-inactive Bitcoin wallet sprang to life Thursday, transferring 2,000 BTC, worth about $222m, into 51 new addresses, sparking debate on whether early holders are preparing to sell or simply reorg...

BitMine Deploys $417M Into Ether Vault — Tom Lee’s Next Call Could Be Explosive
BitMine Immersion Technologies meaningfully increased its Ethereum holdings on Thursday, acquiring 104,336 ETH, worth about $417m, in what appears to be another push to bolster its crypto reserves. Ac...

Binance Finalizes Gopax Acquisition After Two-Year Regulatory Delay
Binance has officially completed its acquisition of South Korean crypto exchange Gopax, marking its return to the country’s market after a two-year regulatory holdup. Key Takeaways: Binance has receiv...

Aussie Minister Outlines New ‘Powers’ to Target Crypto ATMs Amid Surging Crypto Crimes
Australian Minister for Home Affairs Tony Burke unveiled new “powers” for AUSTRAC to curb the use of crypto ATMs. Addressing the National Press Club in Canberra on Thursday, he explained that Bitcoin ...
![[LIVE] Crypto News Today: Latest Updates for Oct. 16, 2025 – Crypto Market Remains in Red; Bitcoin Stuck Below $112K, Ethereum Hovers Near $4K as Traders Await ...](/_next/image?url=https%3A%2F%2Fresources.cryptocompare.com%2Fnews%2F52%2F53209308.jpeg&w=1920&q=60)
[LIVE] Crypto News Today: Latest Updates for Oct. 16, 2025 – Crypto Market Remains in Red; Bitcoin Stuck Below $112K, Ethereum Hovers Near $4K as Traders Await ...
Crypto prices continued to fall across most sectors as the entire crypto market lost 1.2% in the past 24 hours, but the AI sector stood out with a second straight day of gains, rising 4.51% in the pas...

Paxos Accidentally Minted $300 Trillion of PayPal’s Stablecoin — Then Burned It
Stablecoin issuer Paxos revealed that it erroneously minted $300 trillion worth of PayPal’s PYUSD stablecoin on Wednesday, only to reverse the mistake minutes later by burning the excess tokens. Block...

Bitcoin Price Prediction: Is a $130,000 Q4 Breakout Closer Than You Think?
Bitcoin’s momentum is rebuilding as major developments reshape market sentiment. A $1.3 billion LuBian-linked wallet transfer followed the DOJ’s $15 billion crypto seizure, while a proposed $9.3 trill...
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