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George Cottrell, a major advisor to Reform UK leader Nigel Farage, is the mysterious the whale behind a number of key Donald Trump-related Polymarket bets, according to crypto researcher ZachXBT. Cottrell, who was previously convicted of wire fraud in the United States, has been described by Farage’s team as an unpaid volunteer but often travels with Farage to campaign stops. Farage had previously described Cottrell as “like a son to me.” Cottrell’s alleged address had previously used Polymarket to gamble on Trump winning the election and is now hoping to cash in on a 6-10 second handshake between Trump and Chinese President Xi Jinping. That wallet address belongs to George Cottrell in high confidence. He’s been an advisor to Nigel Farage (UK Politician), is known for high stakes gambling, and previously was found guilty for wire fraud. pic.twitter.com/Pak7KpqPbX — ZachXBT (@zachxbt) October 29, 2025 Read more: Scoop: Bitfinex, Tether...

A document posted on Sam Bankman-Fried’s X account claims the defunct FTX crypto exchange was never insolvent and that its lawyers’ decision to place it into bankruptcy cost investors $66 billion. The document, which says it was written by Bankman-Fried and his team, argues that the exchange faced only a temporary liquidity crunch that was “on track to be resolved by the end of the month” before outside counsel intervened. It accuses Sullivan & Cromwell and former FTX executives of coordinating to seize control of the company. The document says that lawyers were “heavily incentivized” to push FTX into bankruptcy so they could oversee its assets, a move it says derailed recovery efforts. It added that customers could have been repaid “in full, in kind,” with $111 billion left for investors if the exchange had continued operating. “The lawyers then quickly launched a campaign to blame Bankman-Fried for the bankruptcy they c...

A total of $1.12 billion in cryptocurrency was liquidated over the past 24 hours, with $961.92 million coming from long positions and $162.61 million from shorts, according to data Finbold retrieved from Coinglass . With $445.25 million wiped, Bitcoin (BTC) bore the brunt of the impact, followed by Ethereum (ETH), which saw $230.49 million “rekt” in the same period. Crypto liquidations. Source: Coinglass A total of 213,250 trades were liquidated, with the single largest order taking place on Hyperliquid, valued at $21.42 million.  Crypto market roller-coaster The drop was largely the result of Chair Jerome Powell’s Wednesday speech, in which he poured cold water on the hopes of another cut in December. “There were strongly differing views about how to proceed in December. A further reduction in the policy rate at the December meeting is not a foregone conclusion,” said Powell. What’s more, the liquidation wave comes as investors welcome new signs...

Binance Coin is one of the leading cryptocurrency tokens that has been gaining steady momentum lately. The token is now gaining immense traction within the domain and is inching towards claiming new highs after breaching the $1000 mark recently. Can November be a lucrative month for BNB to claim new highs? Let’s find out. Also Read: Binance Coin (BNB) Projected To Double in Price After Trump’s Pardon Binance Coin: What’s Happening? Source: Binance Binance Coin is the native cryptocurrency token of the Binance crypto exchange. BNB powers the Binance ecosystem and has recently claimed a new high of $1000. At press time, the token is sitting at $1102, down 2% in the last 24 hours. But despite the market oddities that the coins have been facing lately, BNB continues to focus on claiming high price targets in the near future. Per the latest update by Yzi Labs, BNB’s total supply is capped at $100M, with former Binance CEO Changpeng Zhao owning less than 1% of it. Moreover, ...

XRP’s ability to maintain its price above the $2.5 support level is now under threat, with technical indicators suggesting the asset is likely to correct. In this case, the TD Sequential indicator, a tool known for predicting market turning points, has triggered a fresh sell signal, according to insights from cryptocurrency analyst Ali Martinez.  In an X post on October 29, the analyst noted that the TD Sequential has consistently identified trend reversals for XRP over the past three months. XRP price analysis chart. Source: TradingView Each previous instance marked a notable shift in price momentum, often preceding sharp declines after local highs. The latest signal, appearing as XRP hovers near recent recovery levels, suggests the token could be approaching another correction phase. Based on Martinez’s outlook, XRP has previously turned lower each time the TD Sequential signaled exhaustion, first near $0.74, then $0.68, and later around $0.62, each follo...

Tether, which has cozied up to president Donald Trump through Secretary of Commerce Howard Lutnick, who previously assisted the stablecoin with acquiring US treasury notes, and its CEO Paolo Ardoino who was invited to the presidential residence at least twice, is now helping to tear down the East Wing of the White House. Alongside the stablecoin giant, 36 other corporate donors are helping to feed into Trump’s narcissistic tendencies by paying for him to build his overly-extravagant ballroom, including Google, Apple, Microsoft, Coinbase, and Ripple. Also donating is the former senator and CEO of the Intercontinental Exchange, Kelly Loeffler. Tether America makes donation, but how? Despite the fact that Tether America doesn’t have a website, a list of leadership, or any presence online whatsoever, the newly minted Tether sister company is supposedly the one donating to Trump. It was also previously discussed as a way for Tether to donate to pro-crypto and pro-stable...

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The Shiba Inu price stagnation has become a real concern for investors right now, and at the time of writing, October is winding down with the token being down 13.61% for the month. Community initiatives have catalyzed various major discussions across investor forums as this update from the team arrives at what many would call a critical moment. SHIB is actually caught in a pretty narrow trading range right now, and it’s also struggling to hold onto support levels. Through several key market pressures, the crypto ecosystem experienced a historic sell-off that wiped out around $19 billion in leveraged positions earlier this month. Sentiment has been fragile, and also, the Crypto Fear and Greed Index has stayed stuck in the fear zone for days now. At the time of writing, SHIB is trading between $0.00001009 and $0.00001026, and such price movements have accelerated concerns among various major stakeholder groups. The recovery from its October 22 low of $0.00000961 has essentially sta...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...