Bitcoin Price Odds on Prediction Markets Give $100K Just 27%
Key Takeaways Polymarket traders give bitcoin just a 27% chance of hitting $100,000 before 2027, despite $75.1M in trading. Kalshi’s October forecast sits at $87,000, while its year-end bitcoin projection stands at $83,554. Polymarket bettors see a 57% chance of…
South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin and MEXC
KuCoin, MEXC, and 25 other overseas crypto platforms face website restrictions in South Korea for operating without required local registration. South Korea is expanding its crackdown on unregistered exchanges. Financial authorities have ordered blocks on 27 overseas cryptocurrency exchange…
North Korean IT fraud case cites crypto transfers in alleged $3m scheme
The U.S. Department of Justice has announced the arrests of two Americans accused of helping North Korean IT workers obtain jobs at more than 70 U.S. companies in a scheme that generated approximately $3 million. Summary Two Americans face fraud,…
Ripple Teams With Stripe-Owned Privy to Bring Wallet Tech to XRP Ledger
Key Takeaways Ripple and Privy partnered to expand wallet infrastructure and payment capabilities on the XRP Ledger. The integration enables autonomous artificial intelligence (AI) agents to conduct transactions using XRP, RLUSD, and other digital assets. Privy simplifies wallet management, with…
AI Predicts SUI as Sui Buys a Whole Blockchain for $30M
The Sui Foundation has paid $30 million to bring an entire blockchain onto its network, and the market answered by selling SUI back toward $1. Claude AI predicts SUI defends the $1.0017 level through this pullback, because the deal changes…
Critical Shiba Inu (SHIB) Warning: Here’s the Latest Threat
“The links lead to a wallet drainer that could put users’ tokens at risk,” one popular X account clarified. The SHIB Army, the collective term for Shiba Inu holders, supporters, traders, and enthusiasts, has once again found itself in…
Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton
Key Takeaways S&P Dow Jones Indices, Kaiko, and Derivnex just pulled off Canton’s first OTC swap, with Wall Street trading firms DRW and Marex handling the deal. The transaction shows how Wall Street can bring traditional derivatives onto blockchain rails…
Federated Hermes taps Prometheum for tokenized fund debut in Q1 2027
Federated Hermes, which manages $911.6 billion in assets, has partnered with Prometheum to develop tokenized funds for U.S. brokerage distribution, with the first product expected in Q1 2027. Summary Q1 2027 is the expected launch window for the partnership’s first…
BTC USD Survives an $820M Liquidation Bloodbath: Can Bulls Handle CPI Next?
BTC USD dropped to around $81,000 on Monday, October 12, as a wave of forced selling hit leveraged traders, before recovering to $83,635. CoinGlass data shows $820.84 million in crypto positions liquidated over 24 hours, affecting 170,649 traders. Longs accounted…
Strive Adds $280M in Bitcoin, Outpacing Strategy With Biggest Buy Since January
Key Takeaways Strive bought 3,311 BTC for $280 million, its largest weekly purchase since January, bringing total holdings to 32,773 BTC. The purchase was funded largely by warrant exercises, generating approximately $208 million, alongside expanded preferred stock financing. Strive bought…
