Europes ambition to launch a digital euro by 2029 is facing strong resistance from the regions biggest financial institutions. Fourteen leading European banks, including Deutsche Bank, BNP Paribas, and ING, have united to oppose the European Central Bank (ECB) plan, arguing it could disrupt private payment systems and duplicate market-driven innovations. The group instead supports Wero, a bank-led digital payment initiative already active in Belgium, France, and Germany. Wero was developed to reduce Europes dependence on non-European payment giants such as Visa, Mastercard, and PayPal. Bank...

Grayscale has taken a bold step to attract institutional investors by pausing sponsor fees and cutting staking costs for its Grayscale Solana Trust (GSOL). The move, aimed at increasing institutional participation in the Solana ecosystem, highlights the growing momentum around alternative blockchain investments beyond Bitcoin and Ethereum. Under the new structure, Grayscale has suspended fees on GSOL for three months or until the trust reaches $1 billion in assets, whichever comes first. The initiative comes as institutional capital shifts away from Bitcoin and Ethereum products, which have...

Renowned author and financial educator Robert Kiyosaki, best known for his bestselling book Rich Dad Poor Dad, has once again urged his followers to invest in Bitcoin (BTC) and Ethereum (ETH). Taking to X (formerly Twitter), Kiyosaki described these cryptocurrencies as peoples money, positioning them as a safeguard against what he views as Americas growing shift toward Marxist policies. In his latest post, Kiyosaki reacted to the recent New York mayoral election, where far-left candidate Zohran Mamdani defeated centrist Andrew Cuomo. Mamdanis proposed policiessuch as rent-stabilized housing...

Bitcoin Cash (BCH) extended its bullish momentum on November 5, climbing 3.3% to $491.80 after clearing the key $487 resistance level. According to CoinDesk Researchs technical analysis model, the cryptocurrency saw strong buying activity during the European session, supported by above-average volume and a well-defined ascending trend. The rally began as BCH advanced from $476.10 to $491.80, with intraday volatility spanning a $33.36 range. Key higher lows were recorded at $462.67, $474.27, and $479.03signaling steady accumulation before the breakout. Volume spiked to 33,795 units at 21:00 on...

The ongoing U.S. government shutdown has now become the longest in history, surpassing the previous 35-day record. Lawmakers remain gridlocked over federal budget funding, a divide intensified by Democrats strong performance in Tuesdays off-year election. The results may further delay negotiations, particularly around healthcare and fiscal priorities, according to policy experts cited by CoinDesk. Before the election, expectations were rising that Democrats might compromise and move to reopen the government without achieving major policy concessions. However, their electoral gains appear to...

Robinhood (NASDAQ: HOOD) delivered impressive third-quarter results, highlighting a major leap in its cryptocurrency trading business. The trading platform reported a 339% year-over-year increase in crypto trading revenue, signaling continued momentum as it strengthens its position in global digital asset markets. The company processed an astounding $80 billion in crypto trading volume during the quarter, generating $268 million in crypto-related revenue a sharp rise from $61 million in the same period last year. Total net revenue climbed to $1.27 billion, surpassing Wall Street expectations...

Tokenizing real-world assets and moving them instantly across borders is no longer just a conceptits becoming a reality. At Chainlinks SmartCon 2025 in New York, executives from Citi, DTCC, and Taurus emphasized that while tokenization technology is advancing rapidly, regulation remains the biggest obstacle to global adoption. Ryan Rugg, Global Head of Digital Assets at Citi Treasury and Trade Solutions, revealed that Citi Token Services is already live across the U.S., U.K., Hong Kong, and Singapore. The platform facilitates billions in real transactions, powering supply chain payments and...

Canada is taking a significant step toward regulating Canadian dollar-backed stablecoins, signaling a major development for the nations digital asset industry. In its 2025 federal budget, the Canadian government announced plans to introduce legislation establishing clear regulatory standards for stablecoin issuers, following the recent U.S. GENIUS Act that set similar rules south of the border. According to the budget, oversight of these digital assets will fall under the Bank of Canada, which will ensure that issuers maintain 1:1 reserve backing, transparent redemption policies, and strong...

The cryptocurrency and blockchain ecosystem continues to evolve rapidly with major developments shaping the future of decentralized technology. Among the biggest updates this week, ZKsync, Olas, Ethereum developers, and Edge Node unveiled groundbreaking projects redefining blockchain, AI, and interoperability. ZKsync, the Ethereum layer-2 scaling solution, proposed a transformation of its ZK token from a simple governance tool into one with direct economic value. The proposal, From Governance to Utility, suggests linking token value to network revenue from interoperability fees and...

The Monad Foundation has officially confirmed on X that its highly anticipated MON token airdrop will take place on November 24, marking one of the most awaited events in the crypto community this year. This announcement provides a clear timeline for ecosystem participants eager to receive their share of MON tokens, which are expected to play a crucial role in the networks upcoming mainnet launch. Earlier this year, the Foundation opened its airdrop claim portal on October 14, allowing users to connect their wallets, verify eligibility, and link social accounts to secure their claims. The...