Author: John Smith

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,…

Vladislav Ginzburg, founder and CEO of OneSource, says that blockchain gaming is ready to move past the hype. Summary In crypto, hype runs ahead of real utility, says OneSource CEO Gaming should use blockchains for what blockchains are really good for Blockchains are slow, so we shouldn’t expect full games to run on them Once hailed as the future of play, blockchain gaming has spent the last few years in the shadow of its own hype. Early ideas of player-owned economies, tokenized rewards, and interoperable universes never quite lived up to the promise. Still, as the noise faded, more serious…

Shares of Trump-linked American Bitcoin are still up 20% over the week as the company nears the 4000 BTC mark. Summary Shares of American Bitcoin rose are down 6% The Trump-linked firm made a major Bitcoin acquisition Treasury and mining firm now owns 3,865 BTC, and has a market cap of $5.29 billion Despite Bitcoin trading close to its historic highs, treasury companies continue to accumulate Bitcoin. Still, on Tuesday, October 28 shares of Trump-linked American Bitcoin were down 6%, after seeing a significant rally the day prior. American Bitcoin stock price was at $5.57, falling from the weekly high…

SharpLink is executing a complex treasury strategy that moves beyond simple staking. Its capital will flow through Consensys’ Layer 2 to EigenLayer, actively securing new services like verifiable AI and generating yield. Summary SharpLink will deploy $200 million in ETH to Linea via ether.fi and EigenCloud to unlock institutional restaking yields. The move supports new services like verifiable AI while maintaining compliance and Anchorage Digital custody. The partnership with Consensys aims to build institutional capital markets tools as SharpLink expands its 859,000+ ETH treasury. According to a press release dated Oct. 28, SharpLink Gaming is set to deploy $200 million…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto industry tightens under global scrutiny, Nobitex, one of the Middle East’s largest exchanges, is proving that transparency and trust can be engineered even under sanctions. Summary Built entirely in-house, Nobitex’s infrastructure includes proprietary trading, AI-driven monitoring, and real-time sanctions screening. After the 2025 Predatory Sparrow cyberattack, Nobitex fully reimbursed users and restored operations, reinforcing its accountability. Despite operating under sanctions, Nobitex upholds strict AML/KYC compliance, serving over ten million users with transparency-first systems. As regulators around…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The crypto industry has an infrastructure problem that’s rarely discussed directly: we’ve been building financial systems on blockchains that weren’t designed for finance, which requires us to rethink blockchain architecture. Summary General-purpose blockchains struggle with finance. Sequential execution creates bottlenecks; financial transactions need parallel processing to scale efficiently. Composability drives ecosystem value. Shared infrastructure primitives allow protocols to build on each other, reducing fragmentation and enabling capital-efficient, yield-bearing products. Institutional adoption requires infrastructure, not just features. Permissioned…

Hyperliquid price rally appears to be cooling as a TD Sequential sell signal hints at short-term weakness despite strong on-chain catalysts. Summary Hyperliquid trades at $48.30, down 2.8% in 24 hours. TD Sequential indicator warns of a possible short-term pullback. HIP-3 upgrade and listings keep long-term outlook bullish. Hyperliquid was trading around $48.30 at press time, down 2.8% in the past 24 hours. Even with the daily drop, the token is still up 33% over the week and 6.4% in the past month, holding about 20% below its all-time high of $59.3 set on Sept. 18. Market activity has eased…

Metaplanet is seeking to maximize its Bitcoin returns be exercising a massive share buyback program. Summary Metaplanet approves a ¥75B share buyback covering 13.1% of its float. Program aims to raise BTC Yield and support valuation amid market volatility. Funded by a $500M Bitcoin-backed credit facility for flexible execution. Metaplanet’s board has approved a large-scale ¥75.4 billion (~$500 million) share repurchase program as part of its Bitcoin-focused capital strategy.  Announced on Oct. 28, the plan allows the company to buy back up to 150 million shares, around 13.1% of its outstanding stock, over the next year. The move aims to improve capital efficiency and raise its “BTC Yield,”…