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Opinion by: Nic Puckrin, founder of CoinBureau The largest liquidation event in the history of the crypto market, which wiped out at least $19 billion in long positions after US President Donald Trump announced punitive tariffs on China late on Oct. 10, exposed an ugly side of this nascent market: its vulnerability to insider trading.Onchain data shows that a significant short position was taken out on Hyperliquid just half an hour before the big announcement. Once the market plummeted, this trader bagged $160 million, sparking speculation over market manipulation — with some even theorizing that the “whale” behind the transaction was…

Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN). The initiative was unveiled by central bank Governor Perry Warjiyo during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta on Thursday, according to a report by CNBC Indonesia.During the summit, Warjiyo said Bank Indonesia plans to issue digital central bank securities, which are tokenized versions of SBN. The digital securities will be backed by the digital rupiah, the country’s central bank digital currency (CBDC).In short, Bank…

Argentine President Javier Milei’s party has scored a resounding victory in Argentina’s 2025 mid-term legislative elections, taking control in key provinces.This sweeping parliamentary win boosts Milei’s grip on Congress and provides greater political leverage. However, as the LIBRA cryptocurrency scandal deepens, the President’s credibility continues to face new uncertainty.President Milei’s Party Wins in Argentina’s 2025 MidtermsArgentina’s 2025 midterms marked a turning point for President Javier Milei, whose La Libertad Avanza (LLA) party secured nearly 41% of the national vote, even breaking Peronist dominance in Buenos Aires. According to local media reports, national turnout was 68%, and LLA swept 16 districts—including…

Key takeawaysTax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events.Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins.Authorities use blockchain analytics firms like Chainalysis to link wallet addresses with real identities, tracking even complex DeFi and cross-chain transactions.Maintaining detailed logs of trades, staking rewards and gas fees helps calculate accurate gains and ensures smoother tax filings.Many traders see crypto as outside the traditional financial system, but tax authorities treat it…

According to NYDIG research, Bitcoin’s price moves are driven more by the strength of the US dollar and broad liquidity conditions than by direct ties to inflation. Greg Cipolaro, NYDIG’s global head of research, said the data show weak and inconsistent links between inflation measures and Bitcoin. That view shifts attention away from the old narrative that Bitcoin is mainly an inflation hedge. Related Reading Inflation Link Weak Cipolaro argued that expectations for inflation are a slightly better signal than headline inflation readings, but still not a tight predictor of Bitcoin’s price. Instead, Bitcoin and gold both tend to gain…

In brief Ant Group has filed to register the “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and stablecoin services. The filing follows the group’s recent crypto and blockchain initiatives, including USDC payment pilots and energy asset tokenization. Observers say the move is being done to “protect” the group’s interest and manage risk as it looks to secure a presence in Hong Kong. Ant Group, China’s largest internet finance company, is reportedly laying the groundwork for a return to digital assets.The tech giant has applied in Hong Kong to register a series of trademarks related to virtual assets,…

BTC is up to $115,000 now but it’s expected to be a volatile week. Bitcoin enters this eventful and most likely volatile trading week on the right foot, with a price surge to $116,000 on Monday morning. The question now is whether this rally will endure in the coming days, as the US Federal Reserve is expected to lower key interest rates, alongside a major meeting between presidents Trump and Jinping, and companies publishing earnings reports. Key Events This Week: 1. Fed Interest Rate Decision – Wednesday 2. Fed Chair Powell Press Conference – Wednesday 3. Microsoft, Alphabet, Meta…

PENGU forms a bullish cup and handle pattern as whale activity rises and partnerships grow. Breakout above $0.045 could fuel rally. Pudgy Penguins (PENGU) is drawing attention across both technical charts and on-chain data. Crypto analyst Ali Martinez outlined several signals suggesting the token may be preparing for a move. The current price stands at $0.022 at press time, reflecting a 5% gain over the last 24 hours. Trading volume reached $223 million during the same period. While the token saw a small dip over the past week, broader activity around the asset shows signs of renewed momentum. Technical…

Oracle provider RedStone has integrated event-driven market data from the US Commodity Futures Trading Commission (CFTC)-regulated financial exchange and prediction market Kalshi across over 110 blockchains, expanding access to real-world prediction data for decentralized applications (DApps).RedStone announced the partnership with Kalshi on Thursday, bringing its prediction market data to more than 110 networks, including Ethereum, Solana, Base, The Open Network and Sui. The integration allows DApps to access Kalshi’s data sets that cover events like elections, interest rate decisions and cultural moments like musician Taylor Swift’s live television appearances. The CFTC regulates Kalshi as a designated contract market (DCM), which means…

A new report by Keyrock finds protocols increasingly prioritize payouts over reinvestment.Tokenholder payouts through buybacks and direct distributions have grown more than fivefold since 2024, as crypto projects increasingly return revenue to holders rather than reinvesting it into growth, according to a new report from global investment firm Keyrock.The report examined 12 major crypto projects and found that, on average, 64% of total revenue was distributed to tokenholders. This marks a shift from when most decentralized projects spent their funds on product development, marketing, and community programs instead of direct payouts.By contrast, a Messari report of 10 DAOs found that…