VICTORIA, Seychelles – November 7, 2025 – MEXC, a leading global cryptocurrency exchange, published its October operating report, reflecting a significant strengthening of its position in the initial listing market and high user engagement in new market narratives – from AI-based agent economies to meme coins and decentralized finance (DeFi) protocols.Rapid Response to New Sectors With 200 Promising ListingsIn October alone, MEXC added 200 new tokens, 56% of which were first wave listings on the platform. The top 10 assets by trading volume demonstrated an average cumulative gain of +1,625%, with an average growth of +392% in the first 24…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage A Spanish research institute plans to cash out its forgotten $10,000 Bitcoin purchase from 2012. This jumped from 1,000x to $10 million. The Institute for Technology and Renewable Energy (ITER), run by the island council of Tenerife, reportedly acquired 97 BTC as part of a blockchain research project a decade ago. no way report by Spanish newspaper. Juan José Martínez of Tenerife’s Innovation Council said the council was currently finalizing sales plans with approved Spanish financial institutions. Proceeds will fund new ITER research, including research into…
In short Bitcoin is down 20% from its peak and needs a 10% bounce to break even for the quarter. Analysts cite U.S.-China tensions, lockdown risks and reduced liquidity as drivers of the range-bound trading. A positive finish will depend on inflation, liquidity, potential interest rate cuts and steady ETF inflows. Bitcoin remains in a sideways trend following its recent selloff, and market participants are debating whether Bitcoin can overcome significant headwinds to finish the year strong.Despite the volatility and market downturn, experts remain optimistic and expect Bitcoin to end the fourth quarter on a positive note. But that prospect…
New York, United States, November 6th, 2025, ChainwireLeverUp Offers Traders a Flexible and Full-Scale DeFi PlatformLeverUp, a brand-new Liquidity Provider (LP)-free perpetual exchange, has officially launched, offering traders a next-generation DeFi platform built on the layer-1 blockchain Monad. Backed by Makers Fund, LeverUp delivers a decentralized trading experience with uncapped open interest, free liquidity provider perpetuals, and scalability, offering traders zero fees. This partnership will allow LeverUp to utilize its on-chain, transparent trading of perpetuals to the fullest in Monad’s fast and scalable layer-1 blockchain. Users can anticipate more integrations and product updates to be revealed soon.The current market landscape…
Kuala Lumpur, Malaysia, November 6th, 2025, ChainwireSonami ($SNMI) today announced the continuation of its presale and the expansion of its ecosystem through the launch of the first Solana Layer 2 token. The project has been developed to address network congestion and reliability challenges often experienced by Solana users during high transaction periods.Sonami Introduces Layer 2 Efficiency for Solana-Based TransactionsSonami ($SNMI) is a project developed to tackle performance challenges on the Solana network, such as congestion and maintaining reliability during periods of high activity.It is the first token launched on Solana Layer 2, allowing Sonami to offload transactions and enhance network…
Morpho went into a brief outage on November 6th, affecting indexers, backend systems, and app UI. Core loan/advance remained online, but users had difficulty loading dashboards and real-time data. The backend and indexer will be restored, but the frontend rendering will still be broken. As bears thrive amid widespread market indecision, decentralized lending protocol Morpho suffered a temporary service outage today, November 6th. According to the project status page, this event impacted support systems, indexer performance, and application rendering, blocking user access to key functionality. Although the outage has not disrupted critical lending activity, Morpho users are experiencing difficulties viewing…
HONG KONG, Nov. 6, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) today released a letter to shareholders at the one-year milestone of its bold transformation to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, emphasizing Cango’s vision to deliver energy-secured HPC services. The journey began in November 2024 with Bitcoin mining as a practical entry point to secure energy access, build operational expertise, and create flexible sites for long-term goals.In just eight months, Cango scaled to a 50 EH/s global platform by acquiring 32 EH/s of on-rack mining machines in November 2024, followed by 18 EH/s in…
Recent market movements and expert insights suggest that the current decline in Bitcoin price may be setting the stage for a significant bullish phase in the cryptocurrency market. Despite macroeconomic tensions and geopolitical concerns pushing Bitcoin below $100,000, influential figures in the cryptocurrency industry remain optimistic about the asset’s long-term potential and future rebound.Bitcoin recently fell below $100,000, sparking discussion of an imminent market move.Cryptocurrency industry insiders remain optimistic despite the current price correction.Market sentiment remains cautious with indicators indicating “extreme fear” among traders.Leading voices are highlighting that seasoned investors are not selling and hinting at the possibility of a…
Decentralized finance markets faced turbulence as Aave’s token plunged more than 6% this weekend amid conflicting rumors about its relationship with World Liberty Financial, a DeFi project linked to President Donald Trump’s family. The decline comes shortly after World Liberty Financial’s token, WLFI, debuted in perpetual futures trading at a valuation that suggests a whopping market capitalization of $40 billion. Rumors leading to sale of Aave Aave’s decline is due to speculation surrounding a governance proposal dating back to October 2024. The proposal states that Aave will hold 7% of the circulating supply of WLFI and that 20% of…
Ethereum price began a new downward trend below $3,550. ETH is struggling below $3,400 and could fall further if it stays below $3,500. Ethereum began another downward trend after failing to clear $3,650. The price is trading below $3,500 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a bearish trendline forming at resistance $3,450. The pair could continue to fall if it trades below $3,200. Ethereum price plummets Ethereum price failed to remain in positive territory and, like Bitcoin, began a new downward trend below $3,550. ETH price fell below $3,500 and…