Behind The MEXC Drama: Is Bankruptcy Inevitable?

Seychelles-based cryptocurrency exchange MEXC found itself in the midst of controversy on Friday as users on social media site X (formerly Twitter) called for immediate withdrawals amid speculation about the exchange’s potential bankruptcy.  What Happened At MEXC? Market analyst J.A. Maartun was among the first to draw attention to the situation, sharing a chart on…

Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers

In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results.  Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a…

dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters

dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration.  dYdX Expands Amid Supportive Legislation  In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized…

Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune

Satoshi Nakamoto’s Bitcoin holdings dropped nearly $5 billion in a single day, cutting the estimated value of the stash to roughly $118 billion. According to tracking data that ties thousands of early Bitcoin addresses to the name Satoshi, the decline mirrors a wider pullback in crypto markets this week and reflects the sharp swings in…

Powell, The FOMC, And Crypto: The Message Everyone Missed

In a post on X on October 29, Quinn Thompson, CIO of Lekker Capital, argued that Jerome Powell’s post-FOMC messaging was less about macro uncertainty and more about pressure tactics aimed at the political apparatus — with direct consequences for crypto liquidity. Powell’s FOMC Comments Decoded Thompson wrote: “Powell appeared to be playing political games…