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In brief Bitcoin fell 21% to $99,000, triggering over $2 billion in liquidations amid a broad market sell-off. Analysts cite dollar strength, tight liquidity, and the government shutdown as key drivers. Experts see potential support at $98,000, with a worst-case scenario target of $85,000. Global financial markets are facing a broad-based selloff this week as appetite for risk assets, including crypto and stocks, begins to wane.Bitcoin plunged below the historic $100,000 level on Tuesday, while the S&P 500 index and gold fell 3% and 10% from their respective peaks. On Wednesday, Bitcoin dropped to an intraday low of $99,110 before…

In brief Former Rugby League star Trent Merrin was arrested and charged with dishonestly obtaining a financial advantage by deception. Police raided Merrin’s Barrack Point home, seizing electronic devices for forensic examination one year after beginning investigations. The arrest comes amid Australian regulators strengthening enforcement against digital currency crimes. Former Australian Rugby League star Trent Merrin has been arrested and charged over the alleged theft of $91,000 (AUD $140,000) in crypto, with police alleging the retired footballer used deceptive means to transfer funds from a victim’s account.The former Kangaroos and New South Wales Blues representative was taken into custody at…

Los Angeles, USA, November 4th, 2025, ChainwireMevolaxy, a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy’s commitment to providing maximum user convenience as part of its community-centric approach.Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform’s proprietary technology that locks in the user’s staking terms for the whole duration of their…

Victoria, Seychelles, November 4, 2025 – MEXC, a leading global cryptocurrency exchange, announced the successful conclusion of its USDf Unbound Campaign, which ran from October 3 to November 2, 2025. The month-long initiative attracted over 200,000 participants and recorded more than $50 million in daily trading volume for FF, driving a 136% increase in FF and USDf token holders.The campaign, launched in collaboration with Falcon Finance, offered users zero-fee trading across multiple pairs and high-yield staking opportunities with rewards of up to 200% APR. Trading activity remained robust throughout the campaign period, with FF/USDT spot pairs maintaining daily volumes between…

Dubai, United Arab Emirates, November 3rd, 2025, ChainwireGrantiX, the world’s first sustainable, multi-chain impact platform bridging traditional charities with blockchain donors, announced the upcoming launch of its mainnet ecosystem, uniting the $1.57 trillion impact-investing market with the transparency and scalability of Web3.Built on Arbitrum and designed to be blockchain-agnostic, GrantiX enables users to fund and track real-world social impact projects directly on-chain. Its AI-driven ecosystem connects verified social entrepreneurs with crypto investors through an integrated DeFi, SocialFi, and gamified Learn-to-Earn model, turning charitable giving into measurable, revenue-positive impact.“GrantiX is a natural progression for a world ready to take responsibility for…

HONG KONG, Nov. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for October 2025.Bitcoin Mining Production and Mining Operations Update for October 2025MetricOctober 2025 1September 2025 1Number of Bitcoin produced602.6616.6Average number of Bitcoin produced per day19.4420.55Total number of Bitcoin held 26412.65,810.0Deployed hashrate50 EH/s50 EH/sAverage operating hashrate 346.09 EH/s 44.85 EH/s1.      Unaudited, estimated.2.      As of month-end.3.      Average over the month.Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. Paul Yu, CEO and Director of Cango, commented, “In October, we increased our average operating hashrate to…

In the era of growing digital currency popularity, Bitcoin mining has become a new way for many people to earn passive income. As a leading cloud computing platform, 8HoursMining has won the favor of miners worldwide for its efficient, convenient, and secure services. Users can easily participate in Bitcoin mining by purchasing a computing package on the platform, eliminating the need to purchase expensive mining machines, worry about equipment maintenance, or worry about electricity costs.According to platform data, some users have earned up to $5,313 in daily profits, truly realizing the promise of “online mining, easy money.” Leveraging globally distributed…

Hong-Kong, Hong Kong SAR, November 3rd, 2025, ChainwireTea-Fi, the all-in-one DeFi SuperApp, is setting a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one seamless experience. With over a million connected wallets, $650+ million in transaction volume, and over 20 million on-chain interactions, Tea-Fi is proving that DeFi can be both powerful and accessible.At the center of this ecosystem is the $TEA token, fueling a self-sustaining network built on real yield, shared value, and true decentralization, and a perpetual reward engine fueled by the TeaPOT.The Tea-Fi Vision: DeFi that Feels EffortlessDeFi’s biggest challenge has…

Miami, USA, November 3rd, 2025, ChainwireAs global demand for PlayStation 5 (PS5) and digital gift cards continues to grow, GiftlyCard.com has been recognized by independent platforms including ScamRatings.com, GiftCardReports.com, and GiftlyCardReviews.com as a legitimate and secure provider of gift card activation and balance verification services.Gaming Growth Drives Need for Secure Gift Card VerificationWith the ongoing popularity of PS5 and digital platforms like Steam, Xbox, and Razer Gold, players increasingly purchase digital gift cards to buy games, subscriptions, and downloadable content. However, industry analysts warn that counterfeit or inactive gift cards are on the rise, especially across unverified online marketplaces.As a…

Opinion by: Morgan Krupetsky, vice president of Onchain Finance at Ava LabsOn the heels of the GENIUS Act’s passing, the next era of stablecoin usage is being driven by a growing cohort of fintechs and neobanks — integrating stablecoins into their product and service offerings, going where traditional systems have found it economically or operationally infeasible to do so, and, as such, growing their competitive edge. These challenger systems are providing a direct way for people and businesses to more readily access and store stable value in mobile wallets; to navigate financial stability concerns around hyperinflation and currency volatility; to effectuate…