Author: admin

In brief Polymarket is planning to release a native crypto token, but it won’t come in the next few months. The prediction market is focused on regaining dominance in the U.S. after it was effectively banned in 2022. It follows a massive $2 billion investment from New York Stock Exchange owner Intercontinental Exchange, which valued Polymarket at $9 billion. Polymarket plans to launch its own native crypto token, but likely not until next year, sources familiar with the matter told Decrypt.The launch of the Polymarket token would follow a $2 billion investment in the prediction markets business from New York…

Among all the cryptocurrencies in the industry, few have seen as many comments and predictions as XRP. Once trapped under legal uncertainty, XRP has begun to reclaim attention thanks to favorable legal developments and the anticipated launch of Spot XRP ETFs.  However, XRP’s current valuation is significantly below that of the largest cryptocurrency, Bitcoin. But what if XRP were to rise to the same market capitalization as Bitcoin? Data from MarketCapOf offers a glimpse into how much each XRP token would be worth if it reached Bitcoin’s current market cap. Linking XRP’s Price With Bitcoin’s Market Cap Bitcoin’s market capitalization…

The Dogecoin price is battling to keep the crucial $0.25 support as a fresh wave of institutional interest builds. The newly listed 21Shares Dogecoin ETF (TDOG) gives traditional investors regulated exposure to DOGE without managing wallets or private keys, a milestone that could expand liquidity and improve price discovery. Related Reading TDOG’s appearance on mainstream market rails (via DTCC listing support and brokerage access) signals growing acceptance of meme-coin ETFs, echoing earlier adoption trends seen with Bitcoin and Ethereum funds. For portfolio managers, an ETF wrapper simplifies compliance, custody, and rebalancing, key hurdles that have historically sidelined DOGE from institutional…

People close to Changpeng Zhao, the former CEO of Binance better known as ‘CZ,’ say discussions are intensifying inside the Trump White House over whether to issue a presidential pardon for the embattled crypto executive, according to reporting from Charles Gasparino, a Senior Correspondent at FOX Business.  Zhao, once among the most influential figures in the digital asset world, served time following a plea deal with the U.S. Department of Justice in 2023 that included a money-laundering conviction and $4.3 billion in fines for Binance.  But according to several sources familiar with the matter, many within Trump’s inner circle now…

Bitcoin’s rejection from the $125K liquidity pocket has initiated a healthy pullback toward the $120K region. The move appears corrective rather than impulsive, with strong confluence support aligning around the 100-day moving average and the prior breakout structure. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC was rejected from the $125K–$126K liquidity zone, which coincides with the prior swing high and a key resistance cluster. The reaction has led to a retracement toward the $117K–$120K support range, an area reinforced by the intersection of the ascending trendline, the 100-day MA, and key Fibonacci retracement levels. A…

Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday.The company will now allow users in over 140 countries to place bets, marking its first major international expansion, the article said.Kalshi projects $50 billion in annualized trading volume this year, up from $300 million last year, and now holds more than 60% of global market share, surpassing rival Polymarket.The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG, and Coinbase Ventures,…

Bitcoin trades near $121.6K, testing major resistance at $126K. Analysts watch for a breakout or correction as futures open interest stays high. Bitcoin is trading near $121,600 after reaching a new all-time high above $126,000 earlier this week. The asset has slowed and is now moving sideways just below a major diagonal resistance that has capped the price for several months. Analysts are watching to see whether Bitcoin can break through or if it will be rejected once again. Meanwhile, the market is holding near a key level while open interest remains high in the futures market. Bitcoin Struggles…

Bitcoin price dropped to the $108,000 range today as escalating U.S.-China trade tensions and tariff talks sent shockwaves through global markets.  President Donald Trump posted on Truth Social today that China has announced “aggressive” and “unprecedented” export controls on nearly all products, affecting all countries starting November 1, 2025. In response, Trump said the U.S. will impose a 100% tariff on Chinese goods and enforce export controls on critical software from the same date. Bitcoin price dumped as a result of the news, dumping from roughly $117,000 in early afternoon to below $108,000. At the time of writing, the bitcoin…

October got off to a hot start, but the historically strong month for Bitcoin and crypto prices—called “Uptober” by many investors—hit a roadblock Friday thanks to President Trump’s trade war. And now prices are falling fast as liquidations pile up.More than $1 billion worth of crypto positions have been liquidated over the last 24 hours, per data from CoinGlass, as crypto prices plunge alongside stocks following Trump’s Friday morning declaration that “massive” tariffs against China are in the works.Bitcoin plunged from a price above $122,000 Friday morning to about $116,200 recently, down 4% on the day, while Ethereum has fallen…

In brief Major banks including Banco Santander, Citi, Bank of America, and Deutsche Bank are exploring a “1:1 reserve-backed form of digital money.” The banks said in a statement that the potential product would be pegged to G7 currencies. A number of companies and banks worldwide are interested in issuing stablecoins. A group of international banks have said they are working together to explore issuing a stablecoin product. The banks—Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank Ltd, TD Bank Group, and UBS—said Friday that the digital token would be pegged to G7 currencies,…