DeFi News Today Official TheBitTimes.com

Victoria, Seychelles, October 28, 2025 – MEXC , a leading global cryptocurrency exchange, has officially launched a new feature on MEXC Earn — Cross-Asset Fixed Savings . This feature allows users to stake one asset and earn rewards in another, offering users a new way to grow and diversify their digital asset portfolios. During the limited-time event, users can stake USDT to earn BTC rewards, with annualized returns of up to 600% APR. The event will be held from 10:00 UTC on October 28 to 10:00 UTC on November 27, 2025. Eligible users who have completed Primary KYC Verification can participate by staking USDT for a fixed period of 3 days to earn BTC rewards, with an estimated annualized return of 600% APR. The minimum individual staking amount is 100 USDT, and the maximum is 200 USDT. This event highlights MEXC's commitment to delivering innovative and user-focused solutions in the crypto industry. By introducing the Cross-Asset Fixed Savings feature, MEXC empowers...

XRP has seen modest buying pressure over the past week, with an analyst suggesting the asset has the potential to reach a record high of $15. As of press time, XRP’s market cap stood at $156.78 billion, up from $146.17 billion a week ago following an inflow of $10.61 billion. This capital inflow came after a 5.6% weekly gain, pushing XRP’s price to $2.61. In the past 24 hours, however, it dipped 1.16%. XRP one-week market cap chart. Source: CMC XRP’s current price movement is influenced by several factors. Traders are taking profits after the token outperformed Bitcoin’s (BTC) 5.31% 30-day return, creating short-term bearish pressure.  At the same time, upcoming November token unlocks from Ripple’s escrow, about 1 billion tokens monthly, are fueling caution, as they have the potential to trigger sell-offs.  Additionally, delays on six XRP ETFs by the SEC, partly due to the ongoing government shutdown, have tempered optimism, even as the REX-Osprey ETF ...

Prices of rare digital collectibles linked to the popular game Counter-Strike 2 (CS2) crashed by up to 70% on Thursday after developers pushed a surprising update. Specifically, prices of some gloves and knives, two of game’s most expensive “skins” (in-game items), plummeted on secondary marketplaces when the game’s creator, Valve Corporation, decided to allow the exchange of five relatively inexpensive “Covert items” for ultra-rare knives. The update also allowed StatTrak Covert items to be exchanged for StatTrak knives. Some of these could have fetched resale prices north of $1,000 yesterday. Moreover, the company introduced the same, 5:1 conversion rate for non-StatTrak Covert items for a regular knife or glove. This new rule similarly tanked the formerly premium prices of knives and gloves. Players recorded themselves exchanging five items worth less than $100 combined for knives that would have fetched hundreds or even thousands of dollars on Wednesday...

The U.S. Federal Reserve Governor proposed giving cryptocurrency and fintech firms direct access to the central bank’s payment rails on October 21. The proposal intends to blur the lines between crypto, fintech, and traditional banking. Speaking at the Federal Reserve’s first Payments Innovation Conference in Washington, Governor Christopher J. Waller announced the proposal of a “skinny master account,” a limited-access version of the accounts banks use to move money through the Fed’s payment rails. “This is a new era for the Federal Reserve in payments—the DeFi industry is not viewed with suspicion or scorn,” Waller said, acknowledging that distributed ledgers and crypto-assets are a part of the financial mainstream. What are “skinny master accounts”? The so-called “skinny master accounts” are essentially trimmed-down versions of conventional master accounts. In the U.S., a master account is a bank’s or financial institution’s account held directly at t...

The Anthropic Google Cloud deal is currently in discussions as a multibillion-dollar agreement that could reshape enterprise AI infrastructure. Anthropic , the company behind Claude AI , is negotiating with Alphabet’s Google for cloud computing services valued in the high tens of billions of dollars, according to sources familiar with the matter. This Anthropic Google Cloud deal would provide access to Google’s tensor processing units, custom chips designed for machine learning workloads, and it marks a significant escalation in the AI arms race between tech giants competing for dominance in enterprise AI infrastructure. Claude AI Powers Anthropic Google Cloud Deal in Enterprise AI Race Anthropic CEO speaking at a conference – Source: Bloomberg Deal Structure and Computing Resources The Anthropic Google Cloud deal centers on providing computing power rather than traditional capital investment. Google, already a previous investor and cloud provider for Anthropic, would ...

Ripple’s SPAC initiatives are making headlines as a $1 billion special purpose acquisition company backed by major players aims to build the largest public XRP treasury. The Ripple SPAC has secured support from Pantera Capital , Kraken , and Evernorth , and comes alongside bold predictions that XRP could reach $10,000 by 2029. Ripple’s SPAC Builds XRP Treasury Backed by Pantera, Kraken, Evernorth Source: Tronweekly The new Ripple SPAC represents a significant institutional bet on XRP’s future, with backing from Pantera Capital , Kraken , and Evernorth . The $1 billion initiative aims to create the largest publicly traded XRP treasury, signaling growing confidence in the digital asset’s long-term utility. Pantera Capital , one of the oldest cryptocurrency investment firms, brings substantial credibility to the venture. Kraken , a major cryptocurrency exchange, also lends its support, as does Evernorth , demonstrating how diverse industries are exploring XRP treasu...

BlackRock has officially listed its iShares Bitcoin ETP (IB1T) on the London Stock Exchange, making it available to UK retail investors for the first time. The product gives exposure to Bitcoin without the need to trade or hold the cryptocurrency directly. The ETP is fully backed by Bitcoin, with custody provided by Coinbase. Assets are held in segregated, offline cold storage wallets at the end of each trading day, supported by Coinbase’s institutional security framework. BlackRock said the launch comes amid growing demand for crypto exposure in the UK, with local adoption rising at an annualised 12% since 2022. Research cited by the firm suggests a further 21% increase in first-time UK crypto investors over the next 12 months, placing the country third in Europe for crypto investment growth. BlackRock enable ‘securer gateway to digital assets¡ Jane Sloan, EMEA Head of Global Product Solutions at BlackRock, said the listing “unlocks a securer gateway to digit...

How low can Shiba Inu go? Right now, SHIB is trading around $0.0000100 as of October 17, 2025, and the token has been hit pretty hard lately. The price has dropped approximately 6.82% in just the last 24 hours alone. When you look at the weekly and monthly performance, things get worse—SHIB is down over 15% from last week and more than 22% from last month. The Shiba Inu price decline has traders scrambling to figure out where the Shiba Inu lowest price might actually be and what the Shiba Inu price prediction models are showing. Also Read: Analysts Say It’s Over: Shiba Inu May Never Reach Its ATH Again Shiba Inu Price Prediction And Lowest Levels Amid Price Decline Source: Watcher.Guru Critical Support Levels That Will Determine Where SHIB Goes Next The technical structure has been broken down over recent weeks. That $0.0000110 region that used to hold as support? It’s been breached during the broader market selloff. According to InvestingHaven, $0.00000999 represents the next cri...

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A blunder by stablecoin issuer Paxos briefly sent the market cap of PayPal USD (PYUSD) to $300 trillion, exceeding global GDP, before the tokens were burned minutes later. Paxos said in a post on X that the 300 trillion PYUSD mint was caused by a technical error during an internal transfer and was reversed within 22 minutes. It confirmed there was no security breach and that customer funds remain safe. The minting glitch temporarily disrupted DeFi markets, prompting lending platform Aave to suspend PYUSD transactions as a precaution. Although the issue was quickly resolved, it reignited concerns over the lack of safeguards to prevent stablecoins from issuing token amounts that exceed collateral PYUSD is operational and fully backed at a 1:1 ratio. Earlier today, 300 trillion was minted and subsequently burned. We've temporarily frozen PYUSD markets on @aave as we investigate the issue. Funds are safe! pic.twitter.com/2x0QyvrJ7d — Omer Goldberg (@omeragoldberg) October 15,...

SHIB add zero concerns are mounting as the meme coin hovers dangerously close to a critical threshold. Shiba Inu is trading at approximately $0.0000107 right now, just inches away from the $0.0000099 level. If this support breaks, SHIB add zero to its price for the first time since early 2024. The Shiba Inu price prediction has turned bearish as technical indicators signal trouble, and fears of a broader meme coin crash are intensifying. SHIB holders are bracing for impact as the Shiba Inu burn rate fails to provide support. SHIB Could Drop a Zero Soon as Meme Coin Crash Fears Grow Source: Watcher.Guru Critical Support Under Pressure The 200-day EMA remains well above SHIB’s current price, and repeated rejections between $0.0000120-$0.0000125 show sellers maintain control. If SHIB closes below $0.0000100, it could trigger stop-loss orders and accelerate the decline. Source: TradingView Analyst SwallowAcademy from TradingView stated: “Above SHIB is the 200-exponential moving ...

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