Cryptocurrency
Crypto Biz: Kalshi, Blockchain.com and Crypto Treasury Valuations
Crypto companies are raising billions again, but investors are no longer handing out premiums indiscriminately.Kalshi is reportedly seeking $1 billion at a $40 billion valuation, nearly twice what it was worth in May. Meanwhile, Blockchain.com is preparing for an...
Cryptocurrency
Bitcoin Gains ‘Cleanest Catalyst’ as Bond Yields Drop on Weak US Jobs Data
Bitcoin (BTC) spiked past $87,000 on Friday as US jobs data missed expectations.Key points:Bitcoin tapped $87,200 but failed to make new multi-month highs as overhead resistance held.September US nonfarm payrolls came in below expectations at 29,000, while the August...
Cryptocurrency
EU Issuers Explain Why Europe Needs US Dollar Stablecoins
European stablecoin issuers are making the case for regulated US dollar tokens, arguing that Europe’s push to strengthen the euro does not eliminate businesses’ need for dollar liquidity.AllUnity, a German stablecoin issuer, launched its US dollar-pegged stablecoin USDAU on...
Cryptocurrency
Blackrock Drives $103M Bitcoin ETF Rebound as BTC Price Tops $86K
Key TakeawaysBitcoin ETFs drew $102.67M on Thursday, led by Blackrock’s IBIT with $195.57M. Some ETFs saw outflows.NEAR, XRP, and HYPE gained as ether, solana, and zcash funds saw more selective institutional demand.Friday will test if bitcoin inflows hold as...
Cryptocurrency
Furious Debate About THORChain vs NEAR Shows Idealism Has Limits
After Bitget got hacked on Sept. 24, $387.5 million of stolen funds quickly began moving across chains, with some headed to decentralized cross chain swaps platform THORChain.Chief executive Gracy Chen publicly appealed to the platform to refuse service to...
Cryptocurrency
Bitcoin Order-Book Liquidity Battle Brings BTC Price To $86.8K
Bitcoin (BTC) neared $87,000 on Friday as BTC short liquidations topped $120 million over 24 hours.Key points:Bitcoin broke through sell orders around $85,000, reaching its highest price since Sept. 23 at $86,857.CoinGlass’s heatmap showed a cluster of potential liquidations...
Cryptocurrency
Polymath And CineCity Explore Regulated Tokenized Film Investment Platform
TL;DRPolymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities.
Polymath would provide issuance, investor onboarding, compliance and lifecycle infrastructure, while CineCity contributes production-industry access.
The platform is being explored; it is not yet...
Cryptocurrency
Celestia Says Fibre Sustained 3.07 Tb/s In 120-Validator Benchmark
TL;DRCelestia says its Fibre data-availability system sustained 3.07 terabits per second in an end-to-end benchmark across 120 validators.
The test covered encoding, distribution, storage, validator signatures and onchain commitment submission.
The figure is an experimental benchmark, not proof that Celestia mainnet...
Cryptocurrency
Visa Says Business Payments Now Drive 17% Of Stablecoin-Linked Card Volume
TL;DRVisa says roughly 17% of its stablecoin-linked card volume in fiscal 2026 year-to-date came from business and commercial card programs.
The payments company now supports more than 160 stablecoin-linked card programs across consumer and business use cases.
The data suggests stablecoins...
Cryptocurrency
South Korea Details Tokenized Securities Rules for 2027 Rollout
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The Gambia to pay Yahya Jammeh victims from the proceeds of the ex-president’s seized US mansion
On Tuesday, the Gambia Reparations Commission said it was "pleased to inform victims, survivors and the public that it...