Author: John Smith

US stocks opened higher on Wednesday as Wall Street maintained an upbeat sentiment, with Nvidia becoming the first company to hit the $5 trillion valuation. Summary Nvidia stock jumped more than 5% to see the tech giant become the world’s first $5 trillion company. Wall Street’s uptick saw Nasdaq hit a new high and Dow Jones Industrial Average jump 250 points in early session deals. The market is awaiting Big Tech earnings reports and U.S. Federal Reserve’s interest rates decision. After the major indexes edged to record highs on Tuesday, fueled by Nvidia, Microsoft and OpenAI, stocks continued higher. On…

Summary The Virtuals protocol price is trading close to $1.53, indicating significant whale accumulation and liquidity. Major resistance is located between $1.90 and $2.00, with a short-term range of $1.38 to $1.68. If whale and retail inflows continue, the virtual picture is still positive and could bring the price to $2.30–$2.50. If $2 is not recovered, cooling volumes may cause a correction toward $1.30–$1.40. Following a sharp increase in liquidity and concentrated large-wallet positioning, the Virtuals protocol price is currently trading around $1.53. This creates a traditional high-beta background, where a short squeeze might develop rapidly if purchasing pressure continues. …

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While crypto headlines chase memecoins, L2 scaling breakthroughs, and the latest DeFi yield gimmick, a deeper structural flaw continues to undermine the industry’s credibility: fragmented liquidity. Billions in daily trading volume mask a market that remains fractured across exchanges, custodians, and protocols — a setup that’s fundamentally incompatible with institutional standards. Summary Crypto markets may show billions in daily volume, but liquidity remains fragmented across exchanges, custodians, and protocols. This fragmentation creates inefficiencies that are incompatible with…

Visa will add support for four new stablecoins on its settlement platform after the payments giant witnessed a spike in demand for stablecoin-linked card services. Summary Visa will add support for four new stablecoins across four different blockchains as part of its expanded settlement platform. The company reported a fourfold rise in stablecoin-linked card spending over the last quarter. Visa has launched a stablecoin pilot to enable banks to pre-fund cross-border payments. During the company’s fourth-quarter earnings call, CEO Ryan McInerney told investors that Visa plans to double down on its stablecoin offerings as it reported a fourfold increase in…

Crypto prices today are drifting lower ahead of the U.S. Federal Reserve’s policy update.  Summary Crypto market cap slips 1.5% to $3.88T as BTC trades near $113,000. Traders anticipate a 0.25% rate cut, with volatility expected post-meeting. Spot BTC and ETH ETFs post strong inflows, showing steady institutional demand. The total market capitalization has slipped 1.5% to $3.88 trillion, with most major tokens posting slight losses. At press time, Bitcoin trades at $112,831, down 1% in the past 24 hours, while Ethereum changes hands at $4,016, a 2% drop. BNB is down 2.9% to $1,102, and XRP trades at $2.62,…

Maple Finance is taking a major step toward sustainability as its community backs a proposal to end SYRUP staking and shift to a revenue-driven buyback model. Summary Maple Finance ends SYRUP staking after 91% community approval. 25% of revenue redirected to token buybacks via Syrup Strategic Fund. Governance expands to include all SYRUP and stSYRUP holders. Maple Finance is preparing to end staking rewards for its SYRUP token under a new plan aimed at creating long-term stability and linking the token’s value directly to the project’s revenue. According to Snapshot, the MIP-019 proposal unveiled on Oct. 28 already shows over…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CryptoProcessing unveils revamped website focused on speed, utility, and global crypto business adoption. Summary CryptoProcessing launches a faster, clearer website built for global businesses using digital assets. New site upgrade streamlines navigation, boosts speed, and enhances access to key crypto business tools. The revamped website also offers frictionless user flow, full mobile optimization, and clearer service structure. CryptoProcessing has rolled out a new version of its website. The upgrade reflects the company’s focus on utility, speed, and real-world use by…

Blockchain prediction platform Polymarket is set to disrupt the U.S. sports betting market, with stocks already reacting. Summary Polymarket will likely return to the U.S. in November The platform is set to take on the U.S. sports betting market Shares of Flutter and DraftKings fell 3% and 5% after news broke Polymarket is planning its U.S. return, with its eyes on the sports betting market. On Tuesday, October 28, Bloomberg reported that the prediction platform is set to return to the U.S. in November, after it left the market in 2022. The report claims that the company has plans to…

Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks.  Summary US stocks popped to all-time peaks as investors positioned ahead of October Federal Reserve interest rate decision. S&P 500 hit new peak and Dow jumped 150 points and looked to extend its winninng streak. Wall Street held onto upbeat sentiment amid market boost from Nvidia and Microsoft and OpenAI. With the Federal Reserve interest rate decision expected on Oct. 29, sentiment across risk assets ticked up,…

Tether Gold now represents over $2 billion in value, cementing its role as a foundational asset that merges the security of physical bullion with the operational ease of a digital token for a new class of investor. On Oct. 28, stablecoin giant Tether announced that its Tether Gold token (XAUT) has surged past a $2 billion market capitalization. This milestone, reached as the token’s value climbed from $1.44 billion at the end of Q3 to approximately $2.1 billion in a matter of weeks, is backed by over 375,000 fine troy ounces of physical gold held in a Swiss vault. Notably,…