News•Oct 22, 2025
NHL Opens Door to Prediction Markets in Landmark Deals With Kalshi, Polymarket: WSJ
The NHL struck multiyear licensing deals with prediction‑market platforms Kalshi and Polymarket, the first time a major U.S. sports league has authorized its logos, team names and terms like “Stanley Cup” for non‑sportsbook trading. Kalshi’s CFTC‑regulated model can offer contracts nationwide, while Polymarket — now backed by a reported $2 billion investment from ICE — is preparing a U.S. relaunch despite prior regulatory hurdles. The agreements put both firms in direct competition with sportsbooks such as DraftKings and FanDuel, have pressured gambling stocks, and signal a broader league embrace of event‑derivatives that could reshape access and regulation in restricted betting markets.
By CoinDesk
News•Oct 22, 2025
Open Banking Will Keep America at the Forefront of Financial Innovation
Sen. Cynthia Lummis argues that robust open banking rules—rooted in Section 1033 of Dodd‑Frank and reinforced by Wyoming’s 2024 pro‑fintech law—are essential to keep the U.S. competitive in digital assets, payments and fintech. She says the Biden administration’s 2024 open...
By Cointelegraph
News•Oct 22, 2025
Aave DAO Proposes $50M Annual Token Buyback Using DeFi Revenues
Aave DAO has proposed making a $50 million annual AAVE token buyback a permanent program, funded from decentralized finance revenues generated by the protocol. The move formalizes and expands on earlier one-off buybacks aimed at using protocol income to repurchase...
By Cointelegraph
News•Oct 22, 2025
CoinDesk 20 Performance Update: Index Drops 3.9% as All Constituents Trade Lower
The CoinDesk 20 index fell 3.9% to 3,565.23, with all 20 constituents trading lower in the latest session. Aptos (APT) and Polkadot (POL) were the best performers, down 0.7% and 3.4% respectively, while Sui (SUI) and Filecoin (FIL) led losses,...
By CoinDesk
News•Oct 22, 2025
Bitcoin Risks Drop Toward $100K as ‘Insider’ Whale Moves BTC to Exchanges
A single large Bitcoin holder moved roughly $588 million of BTC onto exchanges, triggering market concern that the transfer—seen as an ‘insider’ whale move—could presage significant selling pressure. The shift has renewed fears of a deeper drawdown that might push...
By Cointelegraph
News•Oct 22, 2025
Real Estate Tokenization Firm Propy Eyes $100M U.S. Expansion to Modernize Title Industry
Propy announced a $100 million U.S. expansion to acquire mid‑size property title firms and modernize the roughly $25 billion, paper‑based title industry using blockchain and AI. The licensed title company, which has processed $4 billion in digital transactions, aims to...
By CoinDesk
News•Oct 22, 2025
Nearly Half of U.S. Retail Crypto Holders Haven’t Earned Yield: MoreMarkets
A MoreMarkets report finds nearly half of U.S. retail crypto holders have never earned yield, estimating 20–36 million earn yield via centralized exchanges while only 500,000–700,000 use DeFi—meaning about 97% of yield earners favor CEXs. The survey cites liquidity concerns...
By The Defiant
News•Oct 22, 2025
Securitize Unveils MCP Server to Power AI Access to Onchain Assets
Securitize launched the MCP Server, an integration layer built on the Model Context Protocol that makes its tokenized real‑world asset (RWA) datasets accessible to enterprise systems and large language models via standardized function calls. The server provides real‑time, structured on‑chain...
By CoinDesk
News•Oct 22, 2025
Bitcoin Vs. Gold: Does October’s Near Zero Correlation Shatter ‘Digital Gold’ Myth?
In October Bitcoin and gold diverged sharply, producing a near-zero correlation that challenges the narrative of Bitcoin as ‘digital gold.’ Over the month gold rose about 10% while Bitcoin fell roughly 6%, signaling the two assets behaved like different markets...
By CryptoSlate
News•Oct 22, 2025
Why Bitcoin Volatility Remains Sticky While S&P 500's VIX Reverses October 10 Surge
Bitcoin’s 30‑day implied volatility has stayed elevated above 50% after the Oct. 10 crash, even as the S&P 500’s VIX has retraced from a 29% spike back below 20%. Traders and market‑makers say the stickiness reflects newly priced crypto‑specific risks...
By CoinDesk
News•Oct 22, 2025
Arthur Hayes Calls for $1M Bitcoin as New Japan PM Orders Economic Stimulus
Japan’s new prime minister Sanae Takaichi unveiled stimulus measures including energy subsidies and regional grants to cushion inflation, a move traders say could presage more monetary easing. BitMEX co‑founder Arthur Hayes seized on the package to predict renewed fiat printing...
By Cointelegraph
News•Oct 22, 2025
Crypto Markets Today: Zcash Surges to Lead Altcoin Market as Bitcoin Stalls Near $108K
Zcash (ZEC) has led the altcoin market with a blistering 461% gain over the past 30 days, rising to about $276 as interest in shielded tokens—now 27.5% of supply—has constrained sellable supply and driven futures open interest up 22% to...
By CoinDesk
News•Oct 22, 2025
Stablecoins Quietly Become Gaming’s Hidden Engine: BGA Report
A new report from the Blockchain Gaming Alliance finds stablecoins are quietly becoming a core payment and settlement tool for game studios, offering predictable value unlike volatile play-to-earn tokens. The BGA says that predictability helps studios plan long-term monetization, payroll...
By Cointelegraph
News•Oct 22, 2025
$740M Wiped Out: Did Bitcoin Just Clear the Leverage Overhang?
Bitcoin’s volatile session on Oct. 21 triggered roughly $740 million in derivatives liquidations as the price surged from $110,552 to $114,019 before sliding back toward $108,000, executing a short-squeeze then a cascade of long liquidations. Coinglass data showed about $435.6...
By CryptoSlate
News•Oct 22, 2025
Bitcoin’s MVRV Ratio Hints at ‘Cyclical Bottom’ Forming Below $110K
Bitcoin’s market-value-to-realized-value (MVRV) ratio signaled that BTC has entered an “undervaluation phase,” suggesting a cyclical local bottom forming beneath the $110,000 level. The indicator points to a growing gap between market price and realized value, implying heightened probability of a...
By Cointelegraph
News•Oct 22, 2025
APAC's Biggest Stock Exchanges Push Back Against Digital Asset Treasury Strategies: Bloomberg
Major Asia-Pacific stock exchanges are increasingly pushing back on corporate digital-asset treasury (DAT) strategies, with Hong Kong Exchanges & Clearing reportedly challenging at least five firms planning to amass large crypto holdings. Regulators and exchanges from India to Australia have...
By CoinDesk
News•Oct 22, 2025
Prediction Markets Hit New High as Polymarket Enters Sam Altman’s World
Polymarket launched a Mini App integration in Sam Altman’s World as prediction markets hit a new high, pushing weekly trading volumes to about $2 billion and surpassing 2024 records. The move embeds a leading prediction market directly into a mainstream...
By Cointelegraph
News•Oct 22, 2025
$19B Market Crash Paves Way for Bitcoin’s Rise to $200K: Standard Chartered
Standard Chartered strategist Geoff Kendrick told Cointelegraph that a recent $19 billion crypto market crash could be a buying opportunity and paves the way for Bitcoin to reach $200,000 as volatility subsides over the coming weeks. Kendrick framed the sell-off...
By Cointelegraph
News•Oct 22, 2025
How to Find Coins Before They Get Listed on Binance or Coinbase
Crypto traders can gain an edge by spotting tokens before major exchange listings using a mix of social monitoring, launchpad/presale tracking, on‑chain analytics and AI tools. Practical signals include social buzz on X/Reddit/Discord, DEX volume spikes (e.g., >200% hourly), rapid...
By Cointelegraph
News•Oct 22, 2025
Why Most ‘Crypto Cities’ Flop — and the Blueprint Execs Say Might Work
Efforts to build “crypto cities” — jurisdictions or developments anchored on blockchain-based identity, payments and governance — have largely failed due to regulatory resistance, unrealistic timelines, and the high cost and complexity of integrating decentralized tech with public services. Executives...
By Cointelegraph
News•Oct 22, 2025
Bitcoin Chart Is Echoing the 1970s Soybean Bubble: Peter Brandt
Veteran trader Peter Brandt warned that Bitcoin’s price chart is mirroring the 1970s soybean bubble, drawing parallels between the cryptocurrency’s rapid ascent and the extreme volatility that drove soybeans sharply higher before a dramatic collapse. Brandt’s comparison implies Bitcoin may...
By Cointelegraph
News•Oct 22, 2025
Major Crypto Wallets Raise Defense Network as Phishers Jack $400M
MetaMask and several major crypto wallet providers have launched a real-time phishing defense network intended to stem a wave of scams that has siphoned about $400 million from users. The system lets wallets share phishing signatures and blocklists instantly and...
By Cointelegraph
News•Oct 22, 2025
Bitcoin OG, Who Profited From Trump’s China Tariffs, Now Holds $234M in BTC Short Position: Arkham
An anonymous Bitcoin “OG” who reportedly made about $200 million shorting BTC ahead of the Oct. 10 sell‑off has reopened a large bearish position, building a $234 million short on decentralized exchange Hyperliquid, Arkham data shows. The position’s liquidation price...
By CoinDesk
News•Oct 22, 2025
Retail Crypto TXs Have Doubled on Regulatory Clarity: TRM Labs
Blockchain analytics firm TRM Labs reports retail crypto transactions roughly doubled after improved regulatory clarity, with most activity over the past year driven by payments, remittances and use as a store of value amid economic volatility. The surge underscores that...
By Cointelegraph
News•Oct 22, 2025
Kraken CEO Hits Back as Banker Calls Stablecoin Yields a ‘Detriment’
Kraken co-CEO Dave Ripley pushed back after a senior banker labeled stablecoin yields a “detriment,” arguing consumers should have the option to earn yield on stablecoins rather than be confined to bank interest products. The exchange’s response frames stablecoin returns...
By Cointelegraph
News•Oct 22, 2025
Ethereum Foundation Announces Gas Limit Cap for Upcoming Fusaka Upgrade
The Ethereum Foundation said it will introduce EIP‑7825 with the Fusaka hard fork in December, imposing a per‑transaction gas cap of 16.78 million (down from the current ability for one transaction to consume a full 45 million‑gas block). The cap...
By The Defiant
News•Oct 22, 2025
Prediction Markets Say Government Shutdown Will Be Record-Setting: Asia Morning Briefing
Prediction markets are pricing in a historic U.S. government shutdown lasting more than 40 days—Polymarket bettors see a likely resolution around Nov. 15 while Kalshi’s market implies an average duration of 41.6 days, topping the 2019 record. The shutdown will...
By CoinDesk
News•Oct 22, 2025
How the U.S. Bailout Could Bring the End to Argentina’s ‘Libertarian Utopia’
Argentina’s financial crisis — marked by a plunging peso and emergency talks in Washington — has forced President Javier Milei to seek a high-profile U.S. rescue that risks upending his radical libertarian agenda. The negotiations center on a bailout package...
By CryptoSlate
News•Oct 22, 2025
Tether’s Stablecoin Touches 6.25% of the World's Population, Says CEO
Tether said its USDT stablecoin has reached 500 million users—about 6.25% of the world’s population—an achievement CEO Paolo Ardoino called a major milestone in financial inclusion. The firm highlighted real-world use in countries like Kenya, where 37% of users hold...
By Cointelegraph
News•Oct 21, 2025
KDA Plummets as Kadena Organization Shuts Down Operations
Kadena Organization said it will immediately shut down operations and cut formal ties to the Kadena Layer‑1 blockchain, triggering a 60% one‑day drop in the KDA token and an 85% decline over the past year to a $30 million market...
By The Defiant
News•Oct 21, 2025
Ocean Protocol’s Team Faces $250K Bounty After $120M Crypto Dump Allegations
Ocean Protocol is facing public backlash and a $250,000 bounty after allegations that a team-linked multisignature wallet dumped roughly 661 million OCEAN tokens — reportedly converted into about 286 million FET — in a transaction chain totaling an alleged $120...
By Cointelegraph
News•Oct 21, 2025
Bitcoin Now Pays Interest: How to Earn Money on Your BTC While Pumping the Price
Bitcoin is evolving from a pure store-of-value into a yield-bearing asset as holders increasingly lock coins into time‑based contracts and Babylon’s self‑custodial staking, which currently reports roughly 56,900 BTC staked. Those timelocks—native UTXO CLTV/CSV scripts—remove measurable free float (base estimates...
By CryptoSlate
News•Oct 21, 2025
Ethereum Enters Final Testnet Phase Ahead of Dec. 3 Fusaka Upgrade
Ethereum has entered the final testnet phase ahead of its Dec. 3 Fusaka upgrade, signaling the network is close to a mainnet deployment. The update introduces a cap on individual transactions to improve block efficiency and reduce denial-of-service risks, while...
By Cointelegraph
News•Oct 21, 2025
Bitcoin Bounces Back After Weekend Slump Defying Expectations
Bitcoin rebounded sharply after a weekend slide, climbing from $106,189 on Sunday to $113,650 by Tuesday night—a roughly 7% rally in under 48 hours as buyers returned. The bounce followed a liquidation reset that erased nearly $20 billion in over‑leveraged...
By CryptoSlate
News•Oct 21, 2025
Bitcoin Rally to $114K Highlights Futures Traders’ Improving Confidence
Bitcoin’s futures market showed renewed trader confidence as the token rallied to $114,000, with related gains in SOL and ETH pushing into key overhead resistance levels. Futures volumes and open interest rose as traders reopened positions, signaling a return of...
By Cointelegraph
News•Oct 21, 2025
US Bitcoin Payments Are Getting Real: Retail Rails Could Push $2M a Day On-Chain
Retail payment apps and merchant rails are poised to turn routine checkout flows into meaningful crypto demand if platforms enable external transfers: Walmart’s OnePay, via a Zero Hash integration, can support trading, custody and on‑chain deposits/withdrawals, and if toggled on...
By CryptoSlate
News•Oct 21, 2025
Bitcoin Whale Opens $235M BTC Short, After Netting $200M From Market Crash
An $11 billion crypto whale opened a new $235 million, 10x‑leveraged short on Bitcoin as the asset traded around $111,190, currently carrying a $2.6 million unrealized loss and set to be liquidated if BTC tops $112,368. The position follows a...
By Cointelegraph
News•Oct 21, 2025
Galaxy Digital Reports $505M Q3 Profit on Trading Surge, Institutional Demand
Galaxy Digital posted a $505 million profit for Q3, driven by a 140% surge in trading volumes as institutional demand for crypto assets strengthened. The results reflect broad market activity that boosted trading revenue and underscored the firm’s role as...
By Cointelegraph
News•Oct 21, 2025
Bitcoin Awaits Critical US CPI Data for Jump over $120,000 or Decline to $100,000
Bitcoin traders are bracing for the Sept. U.S. Consumer Price Index on Oct. 24 — the first major CPI print since the federal government shutdown and the first Friday CPI release since January 2018 — which analysts say could trigger...
By CryptoSlate
News•Oct 21, 2025
Don’t Let Your Bitcoin Die with You — Here’s How to Prepare Before It’s Too Late
Owners of Bitcoin, Ether and other digital assets are being urged to create formal crypto inheritance plans because losing private keys or seed phrases can render holdings permanently unrecoverable. The article highlights stark metrics—about 1.57 million BTC (roughly 7.5% of...
By Cointelegraph
News•Oct 21, 2025
Aave Rebounds Above $230 Confirming Double-Bottom Reversal
Aave’s governance token rebounded above $230, rising about 2.5% to $232 after confirming a double‑bottom reversal with support at $220–$221.13 and an 87% surge in trading volume that pushed it above $224.50 resistance. The price move coincided with a strategic...
By CoinDesk
News•Oct 21, 2025
Bitcoin Whales Quietly Embrace BlackRock ETF Following SEC Rule Change
Large Bitcoin holders are quietly moving billions of coins into spot ETFs such as BlackRock’s iShares Bitcoin Trust (IBIT) after a recent SEC rule change enabling in‑kind creations and redemptions, which makes large conversions more efficient and potentially more tax‑friendly....
By Cointelegraph
News•Oct 21, 2025
HBAR Slides 4.3% as Institutional Selling Breaks Key Support
HBAR fell 4.3% to $0.1725 after a 71% surge in volume signaled institutional selling that breached the $0.1720 support, briefly driving the token to $0.1688 before a late‑session rebound to $0.1745. Morning turnover hit 67.16 million tokens, while recovery buying...
By CoinDesk
News•Oct 21, 2025
Fed Mulls ‘Skinny’ Payment Accounts to Open Rails for Fintech, Crypto Firms
The Federal Reserve is considering creating limited “skinny” master accounts to give fintech and crypto firms direct access to U.S. payment rails, a move aimed at easing the sector’s chronic banking access problems. The proposal would permit restricted payment and...
By Cointelegraph
News•Oct 21, 2025
BlackRock’s $40B IBIT Options: Is Bitcoin’s Volatility Now the Market’s Favorite Income Play?
BlackRock’s iShares Bitcoin Trust (IBIT) — now roughly a $40 billion vehicle — is driving a shift in crypto markets as options activity eclipses perpetual futures, with realized volatility narrowing and traders treating IBIT like an income-generating bond desk. The...
By CryptoSlate
News•Oct 21, 2025
California Just Drew the Line Between Crypto and Cash: Here’s Why It Matters
California enacted SB 822, a law that bars custodians from forcibly selling unclaimed cryptocurrencies and instead requires them to transfer unclaimed digital assets to the state in-kind. The measure clarifies custody and unclaimed-property rules for tokens, mandates in-kind reporting and...
By Cointelegraph
News•Oct 21, 2025
Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea
Federal Reserve Governor Christopher Waller said the Fed will “embrace the disruption” from crypto and proposed exploring a limited or “skinny” version of master accounts to give crypto and payments innovators direct access to Fed payment rails. The pared‑down accounts...
By CoinDesk
News•Oct 21, 2025
Bitcoin Taps $110K as BTC Price Diverges From 5% Gold Correction
Bitcoin surged back to about $110,000 after bouncing off a weekend CME futures gap, signaling renewed upside momentum in crypto markets even as gold slid roughly 5.5% on the day and formed a potential double-top. The divergence highlights a rotation...
By Cointelegraph
News•Oct 21, 2025
How Batched Threshold Encryption Could End Extractive MEV and Make DeFi Fair Again
Researchers propose Batched Threshold Encryption (BTE) as a practical cryptographic fix to extractive MEV, offering epochless, constant-size decryption shares (as small as 48 bytes) that enable pending-transaction privacy for layer‑2 rollups. By allowing transactions to be encrypted and decrypted in...
By Cointelegraph
News•Oct 21, 2025
Fake Social Media Accounts: The Rise of Cointelegraph Impersonators, Explained
Impersonators posing as Cointelegraph accounts have surged, using lookalike handles, cloned profile images and direct-message scams to dupe crypto users in 2025. The article outlines common red flags—unverified badges, subtle username changes, phishing links and fake giveaways—and step-by-step verification and...
By Cointelegraph