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Ken Griffin, CEO of Citadel, expressed deep concern this week over gold’s soaring price and its implications for the U.S. dollar’s role as a global safe haven, according to Bloomberg. Gold futures just breached $4,000 an ounce, marking a gain of more than 50% so far in 2025.The U.S. dollar, measured by the U.S. Dollar Index (DXY) which tracks the value of the dollar against a basket of major foreign currencies including the euro, yen, and pound has lost around 10% of its value this year and currently sits near 98.5.Griffin told Bloomberg, “We’re seeing substantial asset inflation away from…

Digital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, allowing the company to provide “regulated digital asset trading and intermediation services to institutional clients.” The move came just a few weeks after BitGo said its European subsidiary could offer crypto services to local investors under a license from Germany’s Federal Financial Supervisory Authority.“This approval allows us to…

XRP trades near $3 with a bullish flag setup. Analysts see a breakout above $3.15 possibly sending price toward $3.4–$3.6 soon. XRP is trading near the $3 mark after a slight decline over the past 24 hours, while still up 3% over the past week. The price sits around $2.97, with a daily trading volume of about $6.2 billion. Analysts are watching price levels between $3 and $3.15 for signs of a breakout that could lift XRP toward $3.4. XRP Forms a Bull Flag Near $3.00 Analyst Cryptoinsightuk said XRP is showing a bull flag pattern on the 4-hour…

In brief KindlyMD is joining with crypto services provider Antalpha in a strategic partnership. As part of the agreement, KindlyMD’s Nakamoto subsidiary and Antalpha have signed a non-binding letter of intent for the Bitcoin treasury to issue $250 million in convertible debt to Antalpha. KindlyMD will use the convertible notes to expand its Bitcoin Holdings and for general corporate purposes, among other purposes. KindlyMD said Tuesday it plans to boost its Bitcoin holdings through a five-year, $250 million secured convertible note deal between its Nakamoto Holdings treasury unit and Antalpha, as part of a broader partnership between the two Nasdaq-listed…

BNB, the native token of the BNB Chain and widely used for transaction fee discounts on Binance, jumped more than 5% over the last 24-hour period, crossing the $1,280 mark to hit a new all-time high.The rally comes as traders digested signs of increased demand from institutions and surging activity on the underlying blockchain, driven in part by the newly launched decentralized exchange Aster.BNB Chain reported a record 58 million monthly active addresses, overtaking Solana’s 38,3 million according to data from TokenTerminal. The growth reflects rising usage that’s closely linked to Aster, which saw its total value locked jump over…

BTC lost some steam after reaching another record level. The past 24 hours have been quite turbulent for the cryptocurrency market, with Bitcoin (BTC) reaching a new record price. Nonetheless, the asset experienced a correction after that and currently trades below $124,000. Multiple well-known altcoins, including Hyperliqduid (HYPE), Solana (SOL), and Litecoin (LTC), have also registered some declines. Huge Volatility for BTC The biggest cryptocurrency performed quite well on October 6, and at one point, it hit a fresh all-time high price of over $126,000. Since then, however, it has headed south, and as of this writing, it trades…

In brief Decrypt is partnering with Opera to distribute its news, educational content and features through Opera News, Opera Mini and Opera for Android. Opera News users will be able to discover Decrypt’s journalism directly inside Opera, localized and tailored to their region and interests. The partnership reflects Decrypt’s commitment to its core values of “informing and educating the widest possible audience,” co-founder Ilan Hazan said. Decrypt is teaming up with Opera to bring its in-depth coverage of Web3, cryptocurrency and emerging tech to the web browser’s hundreds of millions of users.The partnership will see Decrypt’s explainers, interviews, and breaking…

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, is set to invest $2 billion in crypto-powered prediction market Polymarket.The deal, which Polymarket CEO Shayne Coplan confirmed on X, values the platform at $9 billion. ICE’s investment could lend regulatory credibility to Polymarket’s efforts to return to the U.S. market.”Our partnership with ICE marks a major step in bringing prediction markets into the financial mainstream,” Coplan wrote. “ICE is the one remaining founder-led exchange company, and Jeff is all-in on utilizing his assets, including NYSE, to usher in a new financial era of tokenization.”Founded in 2020, Polymarket lets…

Key takeaways:Bitcoin reached a new all-time high of $126,200, backed by a record $5.67 billion ETP inflows.Fiscal and geopolitical uncertainty have revived the “debasement trade” narrative.Institutional inflows dominate while retail participation continues to decline.Bitcoin (BTC) stormed to a new all-time high of $126,200 on Monday, following one of the strongest weeks on record for digital assets as global crypto exchange-traded products (ETPs) logged $5.67 billion in net inflows, the largest ever weekly haul. The surge reflected the return of investor conviction, fuelled by renewed faith in the “debasement trade” as fiscal and geopolitical risks mount.As noted in Bitwise’s weekly crypto…

HYPE drops 6% to $46 with $3.3M outflows. Price tests $43–$45 demand zone as whales hold $60M and smart money resists selling. Hyperliquid (HYPE) has pulled back to $46, down 6% in the last 24 hours. The weekly performance remains slightly positive, showing a 2% gain. Trading volume continues to be strong, with over $647 million recorded in the same period. Meanwhile, this recent drop follows a period of upward movement, raising questions about whether current price action marks a short-term correction or the start of a deeper decline. Price Pulls Back Into Key Zone HYPE is now sitting…