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The Robinhood CEO is predicting massive growth for crypto-based prediction markets as adoption accelerates. Robinhood CEO Vlad Tenev has said that prediction markets are entering a long-term growth phase, pointing to platforms like Polymarket as early winners of what he called a “prediction market supercycle.” The remarks place crypto-powered forecasting tools at the center of a broader shift, as traders, institutions, and major exchanges look for new ways to price real-world events using blockchain rails. Prediction Markets Gain Traction as Volumes and Adoption Grow Tenev’s comments surfaced in a video shared on X by Altcoin Daily, where he argued that…

During the 2023 trial, Ellison delivered damning testimony, describing lies, reckless borrowing and the secret misuse of FTX customer funds. Caroline Ellison, the former chief executive of Alameda Research and a central figure in the downfall of Sam Bankman-Fried’s crypto empire, has been quietly moved out of a federal prison facility after serving roughly 11 months of a two-year sentence. The 31-year-old was transferred on October 16 from the low-security Federal Correctional Institution in Danbury, Connecticut, to community confinement. From Star Witness to Home Confinement According to Business Insider, the latest status keeps her under federal custody but allows her…

Digital Wealth Partners, a Registered Investment Advisory (RIA) that specializes in digital assets, is offering high net worth (HNW) holders of XRP access to an algorithmic trading app to generate growth and cash flow their crypto holdings.A subsidiary of crypto family office firm Ascension Group, Digital Wealth Partners, enlisted the help of Arch Public, a specialist in crypto-based algorithmic trading, to build the strategy, which operates within tax-advantaged retirement accounts like IRAs.This arrangement may allow certain trading activity to occur without triggering immediate tax consequences depending on the account type and individual circumstances, according to a press release.The XRP algo…

Michael Arrington, the founder of TechCrunch and CrunchBase, has placed XRP among his largest personal crypto holdings, according to a recent social post. Related Reading He listed XRP as one of his top five positions by dollar value, alongside Bitcoin, Ethereum, Solana and Immutable. The disclosure landed plenty of attention online and reignited debate about who is buying what and why. Arrington’s Holdings And Community Reaction Reports have disclosed that his post drew heavy engagement, with replies running the gamut from Bitcoin-only stances to more mixed portfolios. Several industry figures echoed Arrington’s mix; Tony Edward, for example, listed XRP with…

A meme coin called HERO has gained traction over the past few days, created in honor of a man who helped disarm one of two attackers during a deadly assault at a Hanukkah celebration in Sydney, Australia, over the weekend.The token briefly reached a market capitalization of $1.7 million. The team behind the initiative says the project will donate all creator fees to support the victims of the attack.HERO Launched to Support Bondi VictimsA grassroots initiative has gathered momentum following the terrorist attack at Bondi Beach on Sunday, which left 15 people dead and at least 42 others injured.Sponsored SponsoredAn…

Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully reserved, USD-backed stablecoin in partnership with fintech firm MoonPay.MoonPay will issue and manage the stablecoin, with support from stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with network and product details to follow.The move places Exodus among a small group of public companies behind stablecoin products, including Circle (USDC), PayPal (PYUSD) and Fiserv (FIUSD).The Exodus stablecoin is central to its upcoming product, Exodus Pay, which aims to offer everyday payments in crypto without sacrificing self-custody. Users will be…

US economic data is flashing early warning signs for risk assets and crypto. The latest labor figures suggest household income growth may weaken heading into 2026.That trend could reduce retail investment flows, especially into volatile assets like crypto. In the short term, this creates a demand problem rather than a structural crisis.Sponsored SponsoredUS Labor Data Signals Slower Disposable Income GrowthThe latest Nonfarm Payrolls report showed modest job creation alongside a rising unemployment rate. Wage growth also slowed, pointing to weaker income momentum for households.Disposable income matters for crypto adoption. Retail investors typically allocate surplus cash, not leverage, to risk assets.When…

In brief The FTC said Illusory Systems’ Nomad crypto bridge lost $186 million after hackers exploited a poorly tested software update. Regulators alleged the company marketed itself as “security-first” while failing to follow basic coding and incident-response practices. A proposed settlement would require Illusory to return recovered funds, overhaul its security program, and undergo ongoing audits. The Federal Trade Commission said Tuesday it had offered a proposed settlement with Illusory Systems Inc., the operator of the Nomad cryptocurrency bridge, related to the 2022 hack that drained nearly all of the platform’s funds.Under the proposed settlement, Illusory would be barred from…

In brief Bitwise is predicting a new Bitcoin all-time high in 2026 and the end of the four-year cycle. The firm cited a weakening impact of the halving, the expectation of rate cuts, and a reduced risk of major blow-ups. The firm also thinks Solana and Ethereum can make new all-time highs, on the condition that the CLARITY Act is passed into law. Crypto investment firm and index fund manager Bitwise thinks Bitcoin will hit new all-time highs again in 2026, even after falling into a rut over the last two months.The firm is predicting that the leading crypto asset…

Stablecoin payments company RedotPay has raised $107 million in a Series B round, bringing its total funding in 2025 to $194 million.The round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital and Circle Ventures, alongside continued backing from existing investors, including HSG.Founded in Hong Kong, RedotPay offers stablecoin-based payment products, including a card that enables users to spend digital assets, stablecoin-powered payout rails for cross-border transfers, and services that allow users to access and hold stablecoins through multicurrency accounts and a peer-to-peer marketplace.RedotPay has more than 6 million registered users in over 100 markets, processes more…