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The UK will launch a consultation on stablecoin regulation on November 10, aiming to implement it by late 2026 to align with US regulatory developments. The move comes as the country’s crypto user base has surged to 7 million from 2.3 million four years ago, a 204% increase.Major stablecoin issuers, including Circle, Tether, and PayPal, are positioning themselves to enter the regulated UK market.Sponsored SponsoredUK Accelerates Stablecoin Framework Amid US CompetitionThe UK government has confirmed plans to introduce comprehensive stablecoin regulations following the passage of the US GENIUS Act. According to officials familiar with the matter, the Bank of England will require…

Bullish option positions are delivering exceptional profits in SharkNinja, Inc. (SN). On Oct. 31, Market Rebellion’s Unusual Option Activity Service identified a bullish call position, with 2,400 21November 90 calls bought for $4.60 above the existing open interest of 1,664 contracts, with SN shares trading at $86.11. Those 21November 90 calls traded as high as $12.60 today with the stock at $101.30, delivering impressive returns of approximately 173.91% from the initial entry price of $4.60. Meanwhile, SN shares gained approximately 17.64% from their initial trading level around $86.11, demonstrating how options can deliver significantly amplified returns compared to simply owning…

Shares in Jack Dorsey’s Block Inc. dropped almost 12% in after-hours trading on Thursday after its third-quarter earnings missed analyst estimates.The crypto-friendly fintech firm posted an earnings per share of 54 cents for Q3, missing analyst estimates of 63 cents by 14%. Meanwhile, its Q3 revenues of $6.11 billion were up 2.3% year-on-year, but fell short of expectations of $6.33 billion.Shares in Block Inc. (XYZ) fell 11.53% in after-hours trading to $70.93 after ending the trading day down 3.7% at $62.75.Block’s share price fell after the bell, continuing its slide during Thursday’s trading session. Source: Google Finance It adds to…

Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated:  November 6, 2025 Jack Dorsey-led Block generated nearly $2b in Bitcoin revenue during the third quarter, accounting for almost one-third of its total $6.11b haul. The fintech reported net income of $461.5m for the period, according to its latest filing with the Securities and Exchange Commission.In a Thursday letter to shareholders, the firm said gross profit rose 18% year over year, led by a 24% jump in Cash…

Crypto Reporter Shalini Nagarajan Crypto Reporter Shalini Nagarajan About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Share Last updated:  November 6, 2025 Good morning, Asia. Here’s what’s moving before the bell.Markets opened Friday to a risk-off tone across Asia, with crypto prices and major regional equity benchmarks slipping as investors grew more cautious about the global economic outlook.Bitcoin fell alongside broader digital assets, extending this week’s losses after data pointed to weakening demand and slowing treasury inflows from large holders. Total crypto market cap dropped about 2%…

Chainlink (LINK) is attracting renewed attention from traders and analysts as large-scale withdrawals from exchanges suggest an ongoing accumulation phase. Over the past 30 days, more than 15 million LINK tokens have been moved off centralized exchanges, signaling growing confidence among long-term holders and potentially setting the stage for a bullish market reversal. Exchange Outflows Indicate Strong Accumulation According to data from CryptoQuant, Chainlink’s exchange reserves have dropped to multi-year lows. This decline has been consistent since early 2023 and aligns with previous periods of accumulation that preceded significant price recoveries. When traders withdraw their holdings from exchanges, it usually…

In brief Bitcoin’s recent drop is a mid-cycle reset, not a bear trend, according to analysts. The crypto’s first red October in six years could be setting the stage for a bullish comeback in November. A cooling trade war could serve as a tailwind, though macroeconomic concerns persist. Bitcoin is heading into November after its first negative October performance in six years, leaving investors wondering if the historic downturn signals a deeper bear trend or a healthy reset before the next leg up.Bitcoin is down 1.4% over 24 hours and trading around $107,000, contributing to a 2.2% drop in the…

Ethereum staking protocol StakeWise announced that it has successfully recovered a substantial portion of osETH and osGNO tokens stolen in the Balancer V2 hack.The attackers executed a sophisticated price manipulation attack on Balancer over several hours on Monday. The attack primarily targeted ETH-related liquidity tokens, with total confirmed losses estimated to exceed $120 million.Attack Targets Balancer V2 ‘Stable’ PoolsStakeWise said that the exploit affected instances and forked versions of the V2 contract active across all chains. The firm noted that the “stable” pools suffered the most severe impact.Sponsored SponsoredUsing an emergency multisig transaction, StakeWise recovered 5,041 osETH ($19 million) and…

Crypto services company Ripple has acquired the crypto custody and wallet company Palisade to expand its business and institutional-focused offerings.Ripple announced on Monday that Palisade’s wallet-as-a-service offering would be integrated into Ripple Custody, its crypto custody arm targeting banks, and stated that the acquisition aims to serve “fintechs, crypto-native firms, and corporates.”“Corporates are poised to drive the next massive wave of crypto adoption,” Ripple president Monica Long said in a statement.“Just as we’ve seen major banks go from observing to actively building in crypto, corporates are now entering the market, and they need trusted, licensed partners with out-of-the-box capabilities,” she…

Bitcoin’s sharp drop from $112,000 to below $106,000 on Monday triggered one of the largest liquidation waves in weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets.Data from CoinGlass shows long traders accounted for nearly 90% of the total liquidations, with more than $1.14 billion in bullish bets erased as prices fell from weekend highs. Shorts made up just $128 million of the total.(CoinGlass) Liquidations occur when traders using borrowed funds are forced to close their positions because their margin falls below required levels. On crypto futures exchanges, this process is automatic, as when prices…