As Hurricane Melissa’s 185-mile-per-hour winds devastate Jamaica’s communication infrastructure, Jack Dorsey’s decentralized messaging app Bitchat has emerged as a critical lifeline, surging to become the country’s second-most downloaded application. The app’s Bluetooth mesh networking technology enables encrypted, internet-free communication for Jamaica’s 2.8 million residents as traditional networks fail, demonstrating how decentralized technologies can provide essential services during catastrophic natural disasters when centralized systems collapse.
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Hedera ETF Debut Sparks Volatility as Analysts Split
Hedera’s landmark NYSE ETF listing initially propelled HBAR prices upward by 25%, only to see gains evaporate within 24 hours. The volatile debut has divided analysts between those warning of technical weakness and others seeing long-term institutional potential. Market participants now watch key support levels as the new ETF establishes its footing.
read moreConsensys Hires JPMorgan, Goldman Sachs for MetaMask IPO
MetaMask parent company Consensys has reportedly hired Wall Street giants JPMorgan and Goldman Sachs to lead its potential initial public offering, signaling a significant maturation of the cryptocurrency sector. The Ethereum developer joins a growing wave of crypto companies pursuing public listings as regulatory hurdles ease and investor appetite for digital asset equities improves. This strategic move follows successful 2024 debuts by Circle and Bullish, positioning Consensys for what could be one of the most anticipated public offerings in the Web3 space.
read moreMichael Saylor Predicts Bitcoin at $150K by Year-End
MicroStrategy Executive Chairman Michael Saylor remains unshaken in his Bitcoin bullishness despite recent price consolidation, forecasting the cryptocurrency will reach $150,000 by year-end and eventually climb to $1 million per coin. Speaking at the Money 20/20 fintech conference in Las Vegas, the prominent Bitcoin advocate pointed to diminishing volatility and a more structured market as the foundation for his optimistic near-term and long-term projections, reinforcing his company’s strategy of continuous accumulation.
read moreTron Network Activity Surges Amid Fed Rate Decision Uncertainty
Tron’s network fundamentals are flashing bullish signals even as its price consolidates near critical technical support levels. On October 27, 2025, daily active addresses on the Tron network nearly doubled to 6.23 million, marking the second-highest activity level in the network’s history while TRX price has declined from $0.36 to $0.29 since August. This divergence between strengthening on-chain metrics and weakening price action comes as the broader crypto market awaits the Federal Reserve’s interest rate decision, creating a potential setup for significant price movement.
read moreChina Solana Event Cut Short Amid Crypto Crackdown
A Solana blockchain event in southern China was abruptly terminated following local policy inquiries, sparking concerns within China’s cryptocurrency community. The disruption comes as Beijing issues fresh warnings about stablecoin risks, highlighting the ongoing regulatory pressure on crypto activities in the country despite organizers attributing the shutdown to overwhelming attendance that exceeded venue capacity.
read moreBNY Mellon & Securitize Tokenize $100M CLO Fund
In a landmark move bridging traditional finance with blockchain technology, BNY Mellon and Securitize are pioneering the tokenization of AAA-rated collateralized loan obligations, bringing traditional credit instruments onchain. The partnership includes a $100 million anchor investment from Grove as institutional demand for tokenized assets accelerates, representing a significant evolution in how institutional investors access credit markets.
read moreCrypto Group Backs Cuomo in NYC Mayoral Race
A pro-digital assets political organization has thrown its support behind Andrew Cuomo in the New York City mayoral race, signaling the growing political influence of cryptocurrency interests in urban governance. Innovate NY, funded with approximately $100,000, endorsed the former governor citing his commitment to blockchain and emerging technologies as early voting continues for the crucial election.
read moreMeta’s AI Spending Spree Sinks Shares Despite Strong Earnings
Meta Platforms announced it will continue heavy spending on artificial intelligence infrastructure, causing shares to drop despite strong underlying earnings. The company reported a significant one-time tax charge that impacted third-quarter results, with analysts and wealth management experts weighing in on the implications for tech sector performance as the social media giant doubles down on its AI ambitions.
read moreMastercard in $2B Crypto Infrastructure Acquisition Talks
Mastercard is reportedly in advanced negotiations to acquire cryptocurrency infrastructure startup Zero Hash in a landmark deal valued between $1.5 billion and $2 billion, representing one of the payment giant’s most significant strategic moves into the digital asset space. This potential acquisition would dramatically expand Mastercard’s stablecoin and tokenization infrastructure capabilities, positioning the global payments leader to compete more effectively in the rapidly evolving cryptocurrency landscape. The move follows Mastercard’s earlier exploration of acquiring London-based stablecoin startup BVNK in a similar $2 billion deal, signaling a concerted push to strengthen its position amid growing competition in digital payments.
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