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Avalanche is gaining ground as a preferred blockchain for governments and institutional investors, even as its native token continues to lag far below its all-time high.During the past quarter, Wyoming’s Stable Token Commission issued the first government-backed stablecoin, the Frontier Stable Token (FRNT), on Avalanche and six other public blockchains, signaling a growing adoption of blockchain networks by governments. FRNT launched as a fully collateralized stablecoin backed by US dollars and short-duration US Treasury bills with a mandated 102% reserve requirement, Cointelegraph reported in August.Avalanche has also attracted traditional finance players. SkyBridge Capital, the investment firm led by Anthony Scaramucci, pledged…

Ethereum price defends the $3,900 local support within an ascending triangle pattern, with a potential breakout target near the $4,800–$4,900 zone if resistance around $4,300 is breached. Summary Ethereum spot ETFs saw about $246 million in net inflows on October 28, reflecting renewed institutional interest ahead of the FOMC meeting. BitMine Immersion Technologies expanded its holdings to 3.31 million ETH, worth over $13.3 billion, now owning roughly 2.8% of Ethereum’s circulating supply. Ethereum price holds the $3,900 support as bulls defend the ascending trendline from the October 10 intraday low, marking the lower boundary of an ascending triangle pattern, with…

A stunning necklace by Salvador Dali was a standout at Sotheby’s record-breaking auction of Surrealist and modern art on Friday.  The piece is aptly titled Swirling Sea Necklace, as the 18-karat gold was sculpted into an undulating circlet inlaid with diamonds, and a large, cultured pearl. A fringe of sapphire and emerald beads dangles from the band. Together, the stones evoke waves rising and breaking against a golden shore. It sold at Sotheby’s “Surrealism and Its Legacy” auction on October 24 for €736,600 ($858,500), double its €300,000–€500,000 estimate. Related Articles According to the provenance published by Sotheby’s, Dali conceived Swirling…

South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc.The Busan-based company signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it called an “organic cooperative framework,” according to a Wednesday report by the Yonhap News Agency. “This collaboration is a meaningful step forward for Korea’s innovation to reach the global stage,” said Ryu Hong-yeol, CEO of BDACS. “By deploying KRW1 on Circle’s Arc, we are opening a gateway for Korean companies to participate in the global stablecoin network,” he added. BDACS had registered…

BitMine is strengthening its position as the world’s largest corporate Ethereum treasury holder as market volatility continues. Summary BitMine has added 27,316 ETH worth $113 million to its treasury, lifting its total Ethereum holdings to 3.31 million ETH valued at over $13.3 billion. Chairman Tom Lee links BitMine’s aggressive buying strategy to improving global macro conditions, including progress in U.S.–China trade talks and stronger equity markets. Ethereum is holding above the $4,000 support zone after rebounding from a brief pullback, with bulls now targeting the $4,250 resistance for the next breakout. BitMine Immersion Tech recently acquired 27,316 ETH worth $113…

Bitcoin hovered near $113,000 in Asian afternoon hours Wednesday as traders positioned cautiously ahead of this week’s Federal Reserve policy decision, with fading liquidity and a stronger dollar weighing on sentiment across risk markets.The world’s largest cryptocurrency remained up 4.5% over the past week but slipped 0.7% in the past 24 hours, mirroring modest losses across major tokens. Ether ETH$4,022.58 traded at $4,028, down 1.4%, while Solana’s SOL and Binance’s BNB each declined about 2%. XRP held slightly higher near $2.62, extending a strong seven-day run as traders rotated into high-volume tokens.The moves come ahead of a pivotal Federal Open…

Ethereum’s Fusaka upgrade has gone live on the network’s final testnet, Hoodi, as developers prepare for the mainnet launch slated for December. Summary Ethereum’s Fusaka upgrade was successfully activated on the Hoodi testnet on Oct. 29. Fusaka’s phased mainnet rollout is scheduled to begin on Dec. 3. According to the team at Nethermind, an Ethereum execution client, the Hoodi Fork was “successfully completed” on Oct. 28, marking a “key milestone on the road to Fusaka.” Despite a successful launch, Ether (ETH) saw little movement and fell over 2% to trade around the $4,000 mark. Traders remained cautious amid macro uncertainty…

Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses.The Australian Securities and Investments Commission updated its Info Sheet 225 on Wednesday, announcing that companies offering crypto services classified as financial products will need to become a member of the Australian Financial Complaints Authority and lodge for an Australian Financial Services License by June 30.Bitcoin not a financial productJohn Bassilios, a crypto lawyer and partner at Hall & Wilcox, told Cointelegraph that under the new guidance, tokens such as Bitcoin (BTC), gaming non-fungible tokens, and tokenized…

Ethereum-focused treasury company ETHZilla said it has sold roughly $40 million worth of ether to fund ongoing share repurchases, a maneuver aimed at closing what it calls a “significant discount to NAV.” In a press statement on Monday, the company disclosed that since Friday, October 24, it has bought back about 600,000 common shares for approximately $12 million under a broader authorization of up to $250 million, and that it intends to continue buying while the discount persists. ETHZilla Dumps ETH For BuyBacks The company framed the buybacks as balance-sheet arbitrage rather than a strategic retreat from its core Ethereum…

In 2025, earning cryptocurrency quickly is no longer limited to tech-savvy professionals or expensive mining rigs. Thanks to the rise of cloud mining and the expansion of legally registered platforms, everyday users can now start generating passive crypto income in just minutes—without any hardware, technical setup, or upfront investment.All it takes is a smartphone or laptop, and you’re connected to global mining infrastructure that allows you to mine Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and more—safely, legally, and affordably.This guide will walk you through the 7 leading free cloud mining platforms for beginners in 2025, and show you how to…