Markets news
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Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision
Bitcoin Magazine Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision Bitcoin price traded near $80,000 on Monday, after falling about 2% earlier in the session. The price has dipped below that level several times in recent days and recovered each time. Selling pressure has been...
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NBA becomes third league to sign CFTC prediction market pact, taps Kalshi and Polymarket
The CFTC and NBA have agreed to put in place standards to protect the integrity of the game when it comes to prediction markets.
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Chainlink Introduces CustodySync With Anchorage for Custodied DeFi Borrowing
The system uses shared price data to align loan valuations, while Anchorage retains collateral and manages margin and liquidation.... Read the full story at The Defiant
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Tom Lee's Bitmine favors share buybacks to ether purchases as crypto declines
The Ethereum treasury firm spent $46 million buying back shares as Chairman Tom Lee said crypto has held up better than AI stocks during the recent market pullback.
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Brazil’s Stock Market Crashes After Lula’s Upset Victory
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
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NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.
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OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach.
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Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock
Bitcoin Magazine Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock Strategy reported no bitcoin purchases or sales during the week of October 19 through 25. The company continues to hold 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per...
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Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of what it calls the largest equity buyback any crypto treasury company has run.
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South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029.
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Arthur Hayes sold ENA 98% below his profit target
BitMEX co-founder Arthur Hayes has promoted Ethena (ENA) for years — including repeated $10 price predictions since early 2024 —yet he waited until below $0.20 per ENA to finally admit to selling. On Saturday, he posted his total exit from his investment fund, Maelstrom’s so-called directional...
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Bitcoin’s Bear Market Is Over, Galaxy Says
Bitcoin Magazine Bitcoin’s Bear Market Is Over, Galaxy Says Galaxy Research believes bitcoin’s bear market ended in June and that the asset has entered an accumulation phase, according to a research alert from the firm. “We believe now is an attractive time to buy and hold bitcoin,” the report...
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NBA Names Kalshi a Preferred Prediction Market Exchange
The deal brings official league data and NBA branding to Kalshi, while Polymarket receives the same preferred designation.... Read the full story at The Defiant
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Tom Lee insists ‘crypto bull market is underway’ as Bitmine adds 10,452 ETH
The company's combined crypto, cash, marketable securities, and other investments totaled $15 billion as of Oct. 25.
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Blockstream Executive Peter Bain: Institutional Clients Say Bitcoin “Poised for a Big Bull Run”
▶ Bitcoin Magazine Blockstream Executive Peter Bain: Institutional Clients Say Bitcoin “Poised for a Big Bull Run” Bitcoin is holding $81K through an equity selloff, a rising 10-year and unrest in Europe, and Blockstream CMO Peter Bain calls that “a really, really strong signal.” He joins Grace...
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Strategy Pauses Bitcoin Buying, Spends $205M Buying Back STRC
The Bitcoin treasury firm's USD Cash balance fell to $242.4 million after its biggest weekly STRC buyback in more than a month.
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AI giant Anthropic files for blockbuster IPO
The maker of Claude reported $16.3 billion in first-half revenue and an $80.7 billion net loss as it aims to price its offering in mid-November.
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Anthropic Files for IPO With $16.3 Billion in First-Half Revenue
Pre-IPO derivatives imply roughly $1.9 trillion in value, but the offering has no price range or share count yet.... Read the full story at The Defiant
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Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase
Strive's latest bitcoin purchase puts it within 1,000 BTC of second-place Metaplanet as it unveils a new $1 billion preferred stock offering program.
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Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook
▶ Bitcoin Magazine Bitcoin Treasury Analyst: MSTR, ASST & Metaplanet Digital Credit Outlook Metaplanet couldn't make preferreds work in Japan, so it took over a U.S. company to issue them here. Allard Peng explains what that unlocks: access to the same capital pool Strategy and Strive are competing...
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HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160.
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Bitcoin Dips Below $80,000 Ahead of Fed Decision, Midterms
Analysts point to a sell-off in AI stocks and ETF outflows, with HashKey's Tim Sun flagging $75,000 as the next key support level.
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Bitcoin’s Bear Market Is Over, Galaxy Research Says: 'Now Is an Attractive Time to Buy'
Galaxy Research says Bitcoin’s bear market ended in June, pointing to a reclaimed 50-week moving average, fading selling pressure, and a strengthening debasement case.
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Galaxy says bitcoin bear market is over; now is the time to buy and hold
Galaxy said bitcoin’s bear market ended in June as fading long-term holder selling signals an attractive buying opportunity.
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Strive (ASST) Buys 6,182 Bitcoin For $511 Million, Lifts Treasury To 43,000 BTC
Bitcoin Magazine Strive (ASST) Buys 6,182 Bitcoin For $511 Million, Lifts Treasury To 43,000 BTC Strive, Inc. (ASST) acquired 6,182 bitcoin for $511.4 million between October 17 and October 23, according to an SEC filing published on Monday. The company paid an average price of $82,732 per bitcoin....
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BTC price risks $80K loss into FOMC, earnings: Three things to know in Bitcoin this week
Bitcoin bulls fought for $80,000 support over the weekend ahead of a heavy week of US tech earnings and inflation data.
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Securitize’s tokenized stock value halves as Circle widens lead
SECZ’s onchain market cap fell to $208.6 million as Circle-linked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized equities market.
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Bitcoin ETFs break 2-week outflow streak with $301M comeback
US spot Bitcoin ETFs finished the week with $301 million in net inflows after a strong three-day start gave way to heavy withdrawals.
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Over 11 million bitcoin has no known owner. Here's what it means
The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat.
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India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.