Crypto
AI Summary
- Coinbase is developing a prediction markets platform, indicating a strategic expansion into new financial services within the crypto sector.
- Despite recent downturns in Bitcoin prices, Michael Saylor argues that the cryptocurrency has become less volatile, contesting widespread bearish sentiments among analysts.
- Senator Tim Scott is advocating for a December vote on a crypto market structure bill, aiming to advance regulation within the industry ahead of upcoming presidential elections.
- Cloudflare recently experienced a significant outage affecting 20% of the internet, impacting numerous prominent crypto platforms and igniting discussions about the need for decentralized infrastructure solutions.
- Major developments are occurring in the investment landscape, with Kraken raising $800 million in funding at a $20 billion valuation, while Bitcoin miners like Canaan benefit from increased demand despite the overall market slump.
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Sources
Cointelegraph
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Coinbase working on prediction markets website, tech researcher says
an hour ago
by Cointelegraph by Stephen Katte
Tech researcher Jane Manchun Wong, who has discovered unreleased features on Facebook and X, has found that Coinbase is working on a prediction markets website.
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Saylor shrugs off suggestion Wall Street ‘hurt’ Bitcoin amid latest crash
2 hours ago
by Cointelegraph by Ciaran Lyons
Strategy’s Michael Saylor says Bitcoin has been “getting a lot less” volatile despite its recent price plunge, contradicting the outlook of many crypto analysts.
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Senator Tim Scott pushes for December vote on crypto market bill
2 hours ago
by Cointelegraph by Stephen Katte
Senate Banking Chair Tim Scott says the committee could mark up a crypto market structure bill in December, sending it to President Donald Trump for early 2026.
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Cloudflare blames database error for outage that took down 20% of the internet
3 hours ago
by Cointelegraph by Brayden Lindrea
Cloudflare says a bug in its Bot Management System crashed 20% of webpages on Tuesday, including some of the crypto industry’s biggest websites.
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US won’t start Bitcoin reserve until other countries do: Mike Alfred
5 hours ago
by Cointelegraph by Ciaran Lyons
The US government will start buying Bitcoin for its strategic reserve when there is “enough pressure externally,” says crypto entrepreneur Mike Alfred.
CoinDesk
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From $140K Call to $80K Put: Bitcoin (BTC) Positioning Reverses Completely
2 hours ago
by Omkar Godbole
Markets, Bitcoin News, Options, Deribit, NewsThe price of bitcoin has dropped over 25% to $91,000 since Oct. 8.
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Asia Morning Briefing: BTC Market Stress Reveals a New Crypto Order
5 hours ago
by Sam Reynolds
Markets, btc, ETH, NewsMarket observers note stable XRP/BTC and ETH/BTC ranges and an unusually balanced top-20 ranking, signaling fundamentals-driven dispersion rather than a broad alt season.
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Kraken Scores $800M Raise Backed by $200M Citadel Securities Investment
9 hours ago
by Helene Braun
Markets, Kraken, Citadel Securities, NewsThe funding, which values Kraken at $20B, accelerates plans to integrate traditional markets with crypto infrastructure across multiple regions.
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'Permissionless Assets’: Robinhood’s 3-Phase Tokenization Plan to Disrupt TradFi
10 hours ago
by Francisco Rodrigues
Finance, Robinhood, Offchain labs, TradFi, Exclusive, Tokenization, NewsRobinhood is working on infrastructure developments, said Offchain Labs' A.J. Warner, including 24/7 trading, and leveraging technologies like Arbitrum Stylus for compatibility.
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Canada Approves Budget That Advances Policy for Stablecoins
13 hours ago
by Jesse Hamilton
Policy, Canada, Bank of Canada, Stablecoins, Regulation, NewsThe Canadian government narrowly won favor in Parliament for its budget push that includes a new policy governing stablecoins.
Decrypt
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Trump Congressional Ally Discloses Latest Six-Figure Bitcoin Purchase
7 hours ago
by James Rubin
CoinsBrandon Gill has purchased up to $2.6 million in Bitcoin this year, according to House transaction reports.
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Crypto Exchange Kraken Raises $800 Million at a $20 Billion Valuation
9 hours ago
by Andrew Hayward
BusinessKraken just raised $800 million, including $200 million from Ken Griffin’s Citadel Securities, ahead of a potential IPO.
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Bitcoin Billionaire Arthur Hayes Blames Crypto Plunge on 'Contraction in Dollar Liquidity'
10 hours ago
by Will McCurdy
MarketsFormer BitMEX CEO Arthur Hayes thinks that Bitcoin could plummet to the low $80,000s before rising as high as $250,000 by year’s end.
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Hawk Tuah Girl Added to Solana Meme Coin Lawsuit—After She Cooperated With Law Firm
11 hours ago
by Ryan Gladwin
Law and OrderAfter initially being left out, Haliey “Hawk Tuah” Welch has been named in a class action suit against the creators of the meme coin she promoted.
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Man Who Went By 'Shrek' Pleads Guilty to Helping Steal $263 Million in Crypto
11 hours ago
by André Beganski
Law and OrderAuthorities say stolen money was spent on luxury goods and exotic cars.
AMBCrypto
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Ripple's RLUSD stablecoin rollout - How is its adoption spree going?
33 minutes ago
by Ishika Kumari
Altcoins, Crypto News, Ripple, Social, Trading View, StablecoinsKey Takeaways What makes Ripple’s stablecoin RLUSD different from USDC, USDT? RLUSD is built specifically for institutional use. It’s issued through a NYDFS-regulated trust company and is design The post Ripple's RLUSD stablecoin rollout - How is its adoption spree going? appeared first on AMBCrypto.
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Mt. Gox moves $953M Bitcoin, dumps $16M BTC on Kraken - Details!
2 hours ago
by Benjamin Njiri
News 1, Social, Trading View, Bitcoin, News, BTC Trading ViewKey Takeaways What’s behind the latest $1B transfers? A small chunk was sold off, but it is not clear whether the $953 million BTC would also be dumped. Is a recovery possible before year-end? The post Mt. Gox moves $953M Bitcoin, dumps $16M BTC on Kraken - Details! appeared first on AMBCrypto.
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Why 5% Ethereum bounce could be deceptive as $2.7K emerges as 'battleground'
3 hours ago
by Akashnath S
News 1, Social, Trading View, No Homepage, Ethereum, NewsKey Takeaways Are there notable buyers in the market? Though selling pressure was dominant in recent weeks, accumulation addresses and institutional DATs continued to add to their Ethereum holdings. The post Why 5% Ethereum bounce could be deceptive as $2.7K emerges as 'battleground' appeared first on AMBCrypto.
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Mastercard chooses Polygon to kill wallet addresses — but POL keeps bleeding
4 hours ago
by Gladys Makena
News 1, Social, Trading View, Altcoin, News, PolygonKey Takeaways What has Mastercard chosen Polygon for? Mastercard tapped Polygon to power verified usernames for self-custody wallets through its Crypto Credential system. What is POL’s price ou The post Mastercard chooses Polygon to kill wallet addresses — but POL keeps bleeding appeared first on AMBCrypto.
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Hyperliquid defies crypto crash: Is a $50 breakout next for HYPE?
5 hours ago
by Erastus Chami
News 1, Social, Trading View, Altcoin, NewsKey Takeaways Why did HYPE gain strength while the broader market dropped? HYPE surged because volume expanded, a forming Adam and Eve structure emerged, and Open Interest spiked with strong leverag The post Hyperliquid defies crypto crash: Is a $50 breakout next for HYPE? appeared first on AMBCrypto.