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Dubai, UAE, November 7th, 2025, ChainwireBybit, the world’s second-largest cryptocurrency exchange by trading volume, disclosed the October performance of its Private Wealth Management (PWM), highlighting continued stability and strong returns amid a month marked by volatility and global market tension.Performance HighlightsIn the latest Bybit PWM newsletter for October 2025, Bybit PWM demonstrated consistent strength across its portfolio, underscoring the division’s disciplined approach to managing wealth in dynamic markets.October, often referred to as “Uptober” for its traditionally strong crypto performance, diverged from its usual trajectory this year. Escalating U.S.–China tariff tensions — particularly following the Oct. 11 developments that triggered widespread…

VICTORIA, Seychelles – November 7, 2025 – MEXC, a leading global cryptocurrency exchange, published its October operating report, reflecting a significant strengthening of its position in the initial listing market and high user engagement in new market narratives – from AI-based agent economies to meme coins and decentralized finance (DeFi) protocols.Rapid Response to New Sectors With 200 Promising ListingsIn October alone, MEXC added 200 new tokens, 56% of which were first wave listings on the platform. The top 10 assets by trading volume demonstrated an average cumulative gain of +1,625%, with an average growth of +392% in the first 24…

Bitcoin Price Prediction Bitcoin is hovering near $101,000 as institutional confidence in digital assets grows. A PwC and AIMA survey shows 55% of global hedge funds now hold crypto, while Spain’s ITER plans to sell $10M in Bitcoin bought for $10K. Meanwhile, Robinhood considers adding BTC to its treasury, signaling rising corporate adoption even as technical charts hint at a $100K support retest.Hedge Funds Expand Crypto Exposure as Institutional Interest DeepensA growing share of hedge funds is now venturing into digital assets. According to a joint report by PwC and the Alternative Investment Management Association (AIMA), 55% of global hedge…

The Stellar (XLM) Development Foundation has announced its participation as a founding member of the newly formed Blockchain Payments Consortium (BPC), according to Stellar. This initiative brings together several prominent blockchain networks and entities responsible for $10 trillion in annual stablecoin volume, with a shared goal of standardizing digital asset transactions.Unifying Blockchain Payment StandardsThe BPC aims to tackle the fragmented and inconsistent experiences faced by users when transitioning between traditional payment methods and blockchain-based solutions. By establishing a common framework, the consortium seeks to enhance the interoperability of blockchain transactions, aligning them with the data requirements of conventional financial systems.This…

New York, United States, November 6th, 2025, ChainwireLeverUp Offers Traders a Flexible and Full-Scale DeFi PlatformLeverUp, a brand-new Liquidity Provider (LP)-free perpetual exchange, has officially launched, offering traders a next-generation DeFi platform built on the layer-1 blockchain Monad. Backed by Makers Fund, LeverUp delivers a decentralized trading experience with uncapped open interest, free liquidity provider perpetuals, and scalability, offering traders zero fees. This partnership will allow LeverUp to utilize its on-chain, transparent trading of perpetuals to the fullest in Monad’s fast and scalable layer-1 blockchain. Users can anticipate more integrations and product updates to be revealed soon.The current market landscape…

SUI, the native token of the Layer-1 blockchain Sui, dropped 2.5% to $1.98 on Thursday, slipping below the $2.00 level that had acted as a key psychological and technical support.The move came amid heightened volatility and a notable spike in trading volume, pointing to growing institutional activity near critical price levels.The token’s price fell from an intraday high of $2.03, forming a series of lower highs across a $0.15 range. Trading volume surged to 31.18 million tokens — about 180% higher than the daily average — during a failed bounce attempt at the $1.96 mark. That bounce coincided with strong…

Kuala Lumpur, Malaysia, November 6th, 2025, ChainwireSonami ($SNMI) today announced the continuation of its presale and the expansion of its ecosystem through the launch of the first Solana Layer 2 token. The project has been developed to address network congestion and reliability challenges often experienced by Solana users during high transaction periods.Sonami Introduces Layer 2 Efficiency for Solana-Based TransactionsSonami ($SNMI) is a project developed to tackle performance challenges on the Solana network, such as congestion and maintaining reliability during periods of high activity.It is the first token launched on Solana Layer 2, allowing Sonami to offload transactions and enhance network…

The US Federal Reserve’s decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio.Typically, the Federal Reserve eases interest rates when economic activity is stagnating or declining, asset prices are falling, unemployment is high and credit dries up, as seen during the Great Depression of the 1930s or the 2008 financial crisis, Dalio wrote in an article posted to X on Wednesday.However, the Fed is now easing monetary policy at a time…

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…

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 network saw 1,884,460 daily users. The total transaction count reached 143.48 million on BSC and 22.33 million on opBNB. The trading volume for the week stood at $87.5 billion, with a total value locked (TVL) of $13.42 billion…