Close Menu
maincoin.money
    What's Hot

    Trump Announces Meeting with Xi Jinping on October 31, Sparking Market Surge

    October 19, 2025

    Trump Announces Meeting with Xi Jinping on October 31, Sparking Market Rally

    October 19, 2025

    Retains $0.19 Support as ‘Smart Money’ Targets Breakout Attempt

    October 19, 2025
    Facebook X (Twitter) Instagram
    maincoin.money
    • Home
    • Altcoins
    • Markets
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
      • Regulation
    Facebook X (Twitter) Instagram
    maincoin.money
    Home»Ethereum»Updates on Bitcoin, Digital Currency, and Web3
    Ethereum

    Updates on Bitcoin, Digital Currency, and Web3

    Ethan CarterBy Ethan CarterOctober 6, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    1759710259
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In today’s crypto news, DeFiLlama reveals the delisting of Aster perpetual trading volume data, Bitcoin has surged to a new all-time high, and the Stripe CEO states that stablecoins will compel banks to provide customers with genuine interest on their deposits.

    DeFiLlama Delisting Aster Perpetual Futures Volume Data

    DeFiLlama, a decentralized finance analytics platform, is removing volume data for the Aster decentralized exchange (DEX) due to concerns regarding data integrity, as stated by 0xngmi, a pseudonymous co-founder of DeFiLlama.

    0xngmi mentioned that the perpetual futures trading volume on Aster is nearly equivalent to that on Binance and provided a chart illustrating that the correlation ratio of the volumes from both exchanges is approximately one. 0xngmi added:

    “Aster does not allow for the retrieval of lower-level data, such as identifying who is executing and filling orders. Consequently, until we can acquire that data to verify the absence of wash trading, the Aster perpetual volumes will be delisted.”

    Cryptocurrencies, Bitcoin Price, Bitcoin Analysis, Hackers, United Kingdom, European Union, Bitcoin Adoption, Bitcoin ETF, Companies, Policy
    Source: 0xngmi

    The Aster perpetual DEX has garnered attention within the crypto community as a competitor to the well-known Hyperliquid perpetual futures exchange. Aster is also associated with Binance co-founder CZ.

    Bitcoin Surges to $125,000 Driven by US Government Shutdown and Macroeconomic Factors: Analysts

    Over the weekend, Bitcoin achieved a new all-time high, with analysts predicting a renewed accumulation phase that could lead to a rally towards $150,000 before year-end.

    Bitcoin (BTC) surpassed a previous all-time high of $125,700, and its market capitalization briefly exceeded the $2.5 trillion threshold for the first time in cryptocurrency history, as reported earlier by Cointelegraph.

    This rally was bolstered by several macroeconomic factors, including the recent US government shutdown — the first since 2018 — which some analysts believe has rekindled interest in Bitcoin as a store of value.

    According to Fabian Dori, chief investment officer at Sygnum Bank, past occurrences of similar conditions have resulted in “major price milestones.”

    Dori shared with Cointelegraph, “The US government shutdown has revitalized discussions surrounding Bitcoin’s value as a store of wealth, as political dysfunction highlights the demand for decentralized assets. Concurrently, the broader context — marked by relaxed liquidity conditions, a service-driven acceleration in the business cycle, and diminishing performance discrepancies compared to equities and gold — has attracted attention to digital currencies,” he added.

    0199b481 e4f8 7ca2 8d66 589194b52316
    BTC/USD, year-to-date chart. Source: Cointelegraph/TradingView

    Stripe CEO Claims Stablecoins Will Drive Banks to Provide Competitive Deposit Interest Rates

    Stripe CEO Patrick Collison remarked that the emergence of stablecoins will compel banks to offer more competitive interest rates to customers, driven by the increasing availability of yield-bearing stablecoin options.

    Collison referenced average savings rates for customer deposits in both the United States and Europe, which are significantly below 1%, as areas ripe for disruption by stablecoins. He asserted:

    “Depositors are going to, and rightly so, expect returns closer to market rates on their capital. Certain lobby groups are currently advocating for stricter regulations on any rewards associated with stablecoin deposits. The business logic is unmistakable — low-cost deposits might be appealing, but maintaining a consumer-hostile attitude seems to be a losing strategy.”

    Coinbase, Cryptocurrencies, Android, Samsung, Brian Armstrong, Hackers, United Kingdom, European Union, Hacks, Companies
    Source: Patrick Collison

    The market capitalization of stablecoins exceeded $292 billion in October, according to data from RWA.XYZ, as the sector continues to expand following the passage of a comprehensive regulatory bill in the United States.