Money 💰 Crypto & Finance

🗞 October 17 2025 cryptocurrency news highlights

【Cryptocurrency】
Bloomberg: Binance and Other Cryptocurrency Companies Under Anti-Money Laundering Investigation by French Government

【Economy】
NEW: 🇺🇸 California Governor Gavin Newsom signs bill updating the Unclaimed Property Law, ensuring abandoned Bitcoin holdings are preserved, and not sold for cash, for a set period 🤔

【Others】
RUMOR: 🟠 Michael Saylor reportedly filmed an episode of the Joe Rogan Experience two days ago in Austin, Texas 👀

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NEW: 🇺🇸 California Governor Gavin Newsom signs bill updating the Unclaimed Property Law, ensuring abandoned Bitcoin holdings are preserved, and not sold for cash, for a set period 🤔

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Several Huione Branches in Cambodia Reportedly Experience Withdrawal Run, Linked to US Seizure of $2.4 Billion Worth of BTC Belonging to Chen Zhi

Several locations of Huione Group in Cambodia are currently experiencing large-scale queues for withdrawals, indicating a possible bank run. The number of people lining up for withdrawals at Huione locations in Phnom Penh and Sihanoukville ranges from dozens to over a hundred, with queues extending outside the branch.

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RUMOR: 🟠 Michael Saylor reportedly filmed an episode of the Joe Rogan Experience two days ago in Austin, Texas 👀

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Bloomberg: Binance and Other Cryptocurrency Companies Under Anti-Money Laundering Investigation by French Government

According to Bloomberg, France is expanding its anti-money laundering scrutiny on cryptocurrency exchanges, with regulators seeking to identify among over 100 institutions offering crypto services registered in the country, which ones will receive operational licenses at the EU level in the coming months.

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Florida Moves to Invest Public Funds in Bitcoin

Florida HB 183 has proposed allowing the state CFO and pension funds to invest up to 10% in Bitcoin and digital assets (including ETFs, tokenized securities, and NFTs).

It also includes strict custody and payment of taxes and fees in digital assets (automatic dollar conversion). The effective date is July 1, 2026.

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WLFI Advisor Ogle's BTC Long Position Insurance Liquidated, Principal Reduced to Only $90,000‼️

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Tether Faces $44.7 Million Stablecoin Freezing Lawsuit, Plaintiff Claims Missed Investment Opportunity Due to Non-Compliant Freezing Action🔥

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ETH, XRP, SOL, ADA, DOGE, SHIB Season Imminent as Altcoin, USDT Dominance Set to Hit Tightest Range🕯

Analysts predict an upcoming “Altseason” as altcoin performance nears a key breakout point against USDT dominance, signaling a potential liquidity shift into altcoins. Dogecoin shows bullish strength, and Ethereum remains supported by institutional buying, with a breakout above $5,000 possibly driving prices toward $6,000.

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Bitcoin Price Prediction: BTC Could Hit $150K If ETF Flows Rebound, Says Analyst

Analysts predict Bitcoin’s next rally could drive prices up to $150,000, signaling renewed market optimism. Meanwhile, MAGACOIN Finance is drawing attention as an undervalued altcoin positioned to benefit from Bitcoin’s recovery and the broader crypto rebound.

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Bitcoin’s Hashrate Nears Peak as Mining Difficulty Finally Eases ⛏

Bitcoin miners got some relief today: after seven straight increases, mining difficulty has dropped at block height 919,296. Meanwhile, network hashrate is approaching record levels — the easing suggests pressure on miners may ease a bit.

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Bitcoin Drops to $107K, Triggers $714M in Liquidations 📉

Bitcoin slid to ~$107,000, sparking around $714 million in forced liquidations across leveraged positions and adding to market volatility.

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🗞 October 16 2025 cryptocurrency news highlights

【Cryptocurrency】
Sony Wants Its Own Crypto Bank Too

【Economy】
Trump confirms US is in a trade war with China

【Others】
Thiel-backed Erebor wins US approval as Silicon Valley Bank rival emerges

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BREAKING: 💥 MORGAN STANLEY CAN NOW RECOMMEND BITCOIN TO ALL WEALTH MANAGEMENT CLIENTS❗️

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Limitless Labs CEO, CJ Hetherington disclosed that Binance demanded 8% of the token supply and a deposit in exchange for listing. In response, Binance refuted the claim as false and defamatory, hinting at legal action.

Binance stated that it does not charge listing fees, and that cash or token deposits are typically refundable within 1~2 years. It also denied allegations of “token dumping” by its executives.

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「Air Force General」 Rakes in $150 Million in a Single Week, Achieving 100% Short Success Rate

According to on-chain AI analysis tool CoinBob (@ CoinbobAI_bot), the "Air Force Commander" address (0x343) recommended today has been persistently dominating in large short positions for swing trading recently, accumulating nearly $150 million in profits over the past week, with a very high win rate for its BTC, ETH, and SOL shorts.

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CZ Responds to BNB Listing on Coinbase: Not Listing the Third Largest Market Cap Asset on a Centralized Exchange Is a Loss

CZ responded to Justin Sun's remarks on "Coinbase listing BNB," saying, "Thank you for the support of our colleagues. It should be an easy task to list the third largest cryptocurrency by market cap. It has excellent liquidity, trading volume, and ecosystem. Not listing it would also be a loss for the exchange itself.

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Nasdaq-listed Zeta Network raises $230M in Bitcoin-backed private sale

The company accepted Bitcoin and SolvBTC from investors in a private share deal, adding crypto assets to its corporate treasury.

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Bitcoin miner Bitfarms files for $300 million convertible note offering

Bitfarms Ltd. (ticker BITF), a Bitcoin mining and digital infrastructure firm, is offering a tranche of convertible notes to raise $300 million. The convertible notes will be convertible into cash or common shares of the company (or some combination) at Bitfarms’ discretion. The notes are unsecured, due in 2031, and will pay interest semi-annually beginning in July 2026.

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Trump confirms US is in a trade war with China

US President Donald Trump has confirmed the US is in an active trade war with China after threatening a 100% tariff on all Chinese imports last week. Asked by reporters whether the US is preparing for a trade war with China, US President Donald Trump responded: “Well, we’re in one now.”

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