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Upbit will list the F KRW and USDT trading pair.

9 hours ago

On October 21st, as per the official announcement, Upbit will list the trading pairs of SynFutures (F) in Korean Won and USDT. Trading is anticipated to commence on October 21st at 4:00 PM in the local time. SynFutures is a decentralized derivatives trading platform that aims to optimize liquidity efficiency by introducing a mechanism named "Oyster AMM", enabling both professional market makers and ordinary users to engage in trading.
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Arch Launches TaxShield Program to Help Hodlers Reduce US Tax Liability Through Bitcoin Mining Investment

On October 21st, as per the report by CoinDesk, the crypto lending company Arch has launched the TaxShield program. It makes use of a specific provision in the U.S. tax code - IRS §168(k) bonus depreciation. This enables investors to deduct the cost of mining equipment from their taxable income. The operation proceeds in this manner: Users pledge Bitcoin as collateral and obtain overcollateralized loans from Arch. Then, they use the loan to purchase and have Blockware host the mining equipment. Investors can fully deduct the purchase cost in the first year, which has the potential to offset hundreds of thousands of dollars in taxes. Meanwhile, they can continue to receive monthly Bitcoin mining rewards. Arch co-founders Himanshu Sahay and Dhruv Patel stated in an interview that this service was developed in collaboration with the renowned Bitcoin educator Mark Moss and Blockware. It is mainly targeted at high-income Bitcoin holders. They explained that if a client's taxable income is

6 minutes ago

A 100% Win Rate Trader Profits $3.2M with 4x Leverage Long on $35M ETH

On October 21st, as per the monitoring of LookOnChain, a trader who achieved a total profit of $3.2 million and had a 100% winning rate has just initiated a long position for 9082 Ethereum with 4 times leverage (approximately $35 million).

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Galaxy Digital Releases Q3 Financial Report: Net Profit of $505 Million, Represents Client Sales of Over 80,000 BTC

October 21st. As per official channels, Galaxy Digital Inc. (Nasdaq: GLXY) has today presented its financial performance report for the three and nine months concluding on September 30, 2025. The net profit for the third quarter of 2025 amounted to $505 million, featuring a diluted earnings per share (EPS) of $1.01 and an adjusted EPS of $1.12. The adjusted EBITDA stood at $629 million, mainly propelled by remarkable performance in the digital asset business along with gains from digital assets and investment positions. By September 30, 2025, the company's total equity was $32 billion, accompanied by cash and stablecoin holdings of $19 billion. Galaxy Digital's digital asset quarterly trading volume reached a new zenith, witnessing a 140% growth when compared to the second quarter of 2025. This growth reflects the augmented activities in both the spot and derivative markets, as well as the sale of over 80,000 bitcoins on behalf of clients. The platform's total assets at the end of the

6 minutes ago

YZi Labs Leads $25 Million Strategic Investment in Sign

On October 21st, according to Blockworks, it was YZi Labs that led a strategic investment round of $25.5 million in Sign, with the participation of IDG Capital. Sign is focused on digital infrastructure development. CEO Xin Yan stated that the funds will be utilized to expand the technical team.

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Tether CEO: USDT User Count Surpasses 500 Million

On October 21st, Paolo Ardoino, the CEO of Tether, announced that the number of USDT users had exceeded 500 million.

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J.P. Morgan: Expects the Dollar to Weaken Due to Rate Cut Expectations

On October 21st, JPMorgan Chase anticipates that with the market's confidence in the Federal Reserve's continuous interest rate cuts intensifying and as the U.S. economic growth becoming in line with that of other economies, the U.S. dollar will weaken. The decreased demand for safe havens and investor hedging behavior may further exert pressure on the dollar. The bank projects that by mid-2026, the Dollar Index (DXY) will decline to 91.00. Currently, the index is up by 0.3% and is trading at 98.893.

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