Tag: Markets

Bitcoin hovers $107k as markets eye upcoming Trump-Xi meet

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Bitcoin hovered above $107,200 at last check Saturday, rebounding from its weekly low of $103,660. The rally lifted several major cryptocurrencies — including Dash, Morpho, Bittensor, and Aster — all of which gained more than 8% in the past 24 hours. Summary The bounce in digital assets comes as investors “buy the dip” following a broad crypto selloff earlier this month and amid growing hopes of a thaw in U.S.-China relations. Markets are watching closely ahead of Trump’s expected meeting with President Xi at the APEC summit, with Treasury Secretary…

Prediction Markets Going Mainstream As DeFi’s Most Accessible Product?

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Mike Rychko, a researcher at prediction market infrastructure provider Azuro, thinks prediction markets are breaking into the mainstream — and the data appears to back him up. In a Thursday X post, Rychko argued that prediction markets are entering the real world beyond crypto and that their accessibility is likely to result in their success as the first decentralized finance (DeFi) product that achieves mass adoption. “Most people will never open a derivatives exchange,” Rychko wrote. “But ‘87% chance Mamdani wins’ — that’s a language anyone speaks.” He added that…

Bitcoin climbs to near-record high, gaining 12% in past week: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s epsiode of CNBC Crypto World, major cryptocurrencies end the week in the green with bitcoin inching closer to its record. Plus, George Kikvadze, executive vice chairman of Bitfury, explains the evolution of bitcoin over the past decade. And, we explore how stablecoins are making major strides in mainstream adoption. Chapters: 00:00 – CNBC Crypto World, Oct 3, 2025 0:28 – Bitcoin climbs 1:37 – George Kikvadze of Bitfury 9:16 – Stablecoin adoption For access to live and exclusive video from…

Aave Freezes PYUSD Markets after Unprecedented 300T Mint and Burn

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Blockchain data showed stablecoin issuer Paxos both minted and burned about $300 trillion worth of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads. In a Wednesday X post following the mint and burn, Chaos Labs founder Omer Goldberg said Aave would be temporarily freezing trades for PayPal USD (PYUSD) after an “unexpected high-magnitude transaction” of minting and burning the stablecoin. Ethereum blockchain data showed Paxos minting 300 trillion of the US dollar-pegged stablecoin at 7:12 pm UTC and then burning the entire amount 22…

Ethereum Eyes All Time Highs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum eyes all time highs. Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Ethereum Surging Towards All Time Highs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of #Ethereum is surging towards All Time Highs! Let’s discuss the path that #ETH will likely take from here! Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto Markets Wait as US Government Shutdown Drags On

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America’s federal government has entered its third week of shutdown, leaving as many as 16 exchange-traded funds (ETF) awaiting approval should the shutdown continue into November. Most of the US government came to a standstill on Oct. 1 when the Republicans and Democrats failed to reach a funding agreement. This has caused agencies, including the US Securities and Exchange Commission, which approves ETF applications, to run with only essential staff.  The crypto industry was set for a flood of ETFs in October, with the SEC set to make their final…

Bitcoin, Altcoins Collapse As Trade War Fear Hits Markets

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Key points: Bitcoin has pulled below $116,000, but select analysts expect buyers to step in at lower levels and arrest the decline. Select altcoins have reached critical support levels where the buyers are expected to mount a strong defense. Bitcoin (BTC) attempted a recovery on Friday, but higher levels attracted selling. That has pulled the price under $116,000 as short-term traders are rushing to the exit. Analyst Stockmoney Lizards said in an X post that BTC is witnessing a shakeout in both directions. Despite the correction, the analyst remains bullish,…

Kalshi Raises $300M, Expands Prediction Markets to 140+ Countries

Key Notes The fintech platform’s trading volume surged 200X while its user base grew 20X over the past year. Kalshi now commands over 60% of global prediction market activity despite previously operating only in the US. The company navigated significant regulatory challenges with the CFTC throughout 2024 before expanding internationally. Kalshi, a fintech platform that facilitates the trading of “event contracts,” recently announced it was expanding its prediction markets to more than 140 countries after successfully raising $300 million in a Series D funding round. The firm’s CEO, Tarek Mansour,…