Taiwan Blocks Coinbase and Kalshi Over Bets on Its November Elections
Key Takeaways A New Taipei court order cites Taiwan’s election law, under which operators face up to five years in prison. Kalshi lists Taiwan as a restricted jurisdiction but runs a Taipei mayor market with about 198,000 contracts. A Criminal…
Bitcoin Giant Strategy Plans STRC Daily Dividends Starting in November
Key Takeaways Strategy plans to begin daily STRC dividends on Nov. 2, totaling $1 per share for November. The plan requires approval at an Oct. 28 vote and completion of related amendments. Strategy intends to maintain STRC’s 12% annual rate…
Bitcoin Can Win Whether AI Boom Continues or Crashes: Bitwise CIO
Key Takeaways Bitwise CIO Matt Hougan says bitcoin can benefit whether artificial intelligence (AI) booms, busts, or delivers modest growth. Scarcity, liquidity, and adoption form three separate paths that could support long-term bitcoin demand. The thesis holds only if bitcoin…
Bitcoin ETFs Add Just $5M as Ether Loses Another $60M
Key Takeaways Bitcoin ETFs added just $5.06M on Thursday, leaving recent institutional demand fragile. Ether lost $60.22M as solana, HYPE, and zcash also saw heavier selling. NEAR remains the outlier, continuing to attract capital while broader crypto ETF demand weakens….
Hut 8 Funnels $161 Million in Bitcoin to Exchanges
Key Takeaways A Hut 8-linked wallet sent 1,966 BTC worth $161 million to exchanges, OTC desks and others in 7 days. Lookonchain said Hut 8 held 10,278 BTC before the transfers, roughly 15% of which has now moved. CEO Asher…
Bitcoin’s $80K Safety Net Held Once but Glassnode Says It Is Eroding
Key Takeaways Glassnode says the large $80,000 bids on Binance were filled Oct. 15 as BTC dipped to $79,800. Polymarket gives bitcoin a 53.5% chance of closing above $82,000 on Oct. 16. Fed’s Beth Hammack warned more aggressive action may…
Pipeline Workers Found a 400-Year-Old Shipwreck in the Baltic, and One Object on Board Still Baffles Experts
Key Takeaways A 2023 pipeline survey in Germany’s Bay of Greifswald found a clinker-built ship, with its oak dated to 1626 to 1639. Five divers made 22 dives in about 12 days and recovered 60+ artifacts, including a bilge pump…
Nexo, Katashe Solutions Collaborate for Digital Asset Wealth Expansion
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Digital asset wealth platform Nexo has entered into a strategic partnership with Singapore-based advisory firm Katashe Solutions to steer its…
Polymarket’s Paid Promos Reach Esports, With Orders to ‘Look Organic’: Report
Key Takeaways Participants rose from 300+ creators in early August to 800+ two months later, Polymarket reps said. A reminder to add X’s paid partnership tag has been missing from the Discord prompts since late August. A Discord Server and…
Exclusive: Coins.ph Clarifies BSP Scrutiny, Assures All Licenses Active and Denies Offshore Gaming Ties
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Coins.ph has addressed recent reports of regulatory scrutiny and allegations involving offshore gambling transactions in an exclusive response to BitPinas…
