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The Federal Reserve lowered its benchmark interest rate by 25 basis points to 3.75–4.00% on Wednesday, marking its second rate cut this year.The central bank said economic growth remains moderate while job gains have slowed and unemployment has edged up. Inflation, however, remains “somewhat elevated,” keeping the Fed cautious about further policy easing.Sponsored SponsoredFed Balances Inflation and Labor Market RisksThe decision also confirmed that the Fed will end quantitative tightening on December 1, effectively pausing its balance sheet reduction earlier than expected.The statement highlighted growing downside risks to employment, a shift from prior meetings that focused mainly on inflation. The Fed…

A solid down day in crypto is morphing into a plunge after Federal Reserve Chairman’s unexpectedly hawkish remarks at his post-policy meeting press conference.”A rate cut in December is far from a foregone conclusion,” said Powell in his opening remarks. That was a shock to markets, which had priced in a 90% chance of another rate cut at the Fed’s final meeting of the year.The effect in prices was immediate, with bitcoin BTC$111,219.30 tumbling about $2K to the current $109,600, now lower by 5% over the past 24 hours and largely having given up its big gains from earlier in…

Key points: Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points.Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening jobs market and inflation, despite believing that interest rate cuts will continue into 2026. Bitcoin (BTC) price tumbled to $109,200 ahead of Wednesday’s US Federal Reserve decision to cut interest rates by 25 basis points. While traders may have anticipated a degree of risking-off ahead of Fed Chair Jerome Powell’s announcement, BTC’s 6% drop from its Monday rally to $116,400 might be sharper than anticipated, especially considering that the consensus among analysts was a 25…

The L1 project burns over 6.7M tokens in its first community buyback. The initiative aims to reward active network participants. Another buyback is slated for November, strengthening Injective’s deflationary mechanism. Injective has taken it to X to confirm the completion of its first community-led token buyback, which started on October 23, marking a key step in the L1’s deflationary model. The team revealed that the event burned 6.78 million INJ coins, worth roughly $32.28 million. The first $INJ Community BuyBack is now officially complete! Injective is the only chain where token buybacks directly reward the community. 1. INJ is burned…

Willemstad, Curaçao, October 29th, 2025, ChainwireWhale.io has announced that the first airdrop for Crock Dentist NFT holders is scheduled for this weekend, following strong early performance of the recently launched Whale Originals title.The limited collection of 1,000 Crock Dentist NFTs has already seen significant adoption, with more than 300 unique holders. Early secondary market activity is underway on Magic Eden, where the first NFTs have been listed, bought, and sold, establishing initial pricing and liquidity for the collection.Real-Time Stats and Airdrop ProjectionsWhale.io has rolled out live game statistics for Crock Dentist, offering full transparency into key performance indicators. The dashboard,…

The cryptocurrency market never remains calm for long. With the dramatic price fluctuations of BTC and XRP drawing renewed attention, more and more investors are seeking alternative investment methods: ways to profit from the cryptocurrency craze without the daily roller-coaster ride. For many, the answer lies in WOAHash, offering predictable daily passive income, enabling them to generate daily cash flow in an uncertain market environment.Turn BTC, XRP, and HTH headlines into a steady income. Say goodbye to noisy machines, high electricity bills, and complicated setups. Cloud mining takes it all out of the equation. With WOAHash, there’s no hardware to…

New York, NY, October 29th, 2025, ChainwireBy enabling BTC to earn a sustainable yield right from their Bitcoin wallet, Acre sets a new standard for decentralized, transparent Bitcoin finance.Acre, a Bitcoin-first platform that enables BTC holders to compound their coins while maintaining self-custody, today announced the launch of its estimated 14% APY vault, a significant step toward transforming Bitcoin from a passive store of value into a productive asset.Bitcoin holders can participate directly from their wallets, without the complexity of DeFi bridging and without sacrificing self-custody. The Acre Security Council vets all strategies, and all rewards are automatically converted back…

London, United Kingdom, October 29th, 2025, Chainwire$BOS token to go live both as an ERC-20 on EVM chains and as a CNT on Cardano.Today, BOS (BitcoinOS), the unifying operating system transforming Bitcoin for digital economies, has officially launched the $BOS token at $200 million FDV, trading is live on Binance Alpha along with Kucoin, Gate, Kraken US, Bitget, MEXC, and PancakeSwap DEX. The $BOS token is positioned to fulfill critical functions, serving as the incentive layer to ensure that the BOS network remains secure, performant and decentralized. While computation and verification happen on Bitcoin, a specialized node network is required to:Generate…

Victoria, Seychelles, October 29, 2025 – MEXC, a leading global cryptocurrency exchange, reported its highest stablecoin reserve ratios this year in its October Proof of Reserve (PoR) audit.USDT reserves increased to 118% from 113% in August, while USDC rose from 105% to 112%. The exchange now holds $2.25 billion in USDT reserves against $1.91 billion in user deposits—$343 million above full backing. Bitcoin reserves maintained 123% coverage (3,978 BTC backing 3,231 BTC in user balances), while Ethereum stood at 103%.The bi-monthly audit, conducted by an independent third party, confirms all user assets remain fully backed with excess collateralization. Results are…

Investor appetite for staking-focused exchange-traded funds (ETFs) in the United States appears strong, with Bitwise’s new Solana product seeing substantial inflows on its first day of trading.The Bitwise Solana Staking ETF (BSOL), which began trading on Tuesday, has already attracted roughly $222.8 million in assets, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.Balchunas characterized the size as significant for a newly launched crypto ETF, indicating increasing institutional engagement and confidence in staking strategies.Source: Eric BalchunasBitwise previously launched a Solana staking exchange-traded product in Europe last year, but the US version faced delays due to regulatory uncertainty surrounding staking activities.BSOL…