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Crypto prices plunged alongside stock market indices early Friday after President Donald Trump threatened to ratchet up tariffs on China.Bitcoin dove below $119,000 for the first time since October 2, and was recently trading for $119,028—down 1.7% on the day. But other leading cryptocurrencies saw sharper dips, with Ethereum and Solana both down almost 5% in the last hour alone, to prices of $4,107 and $211 respectively.Crypto market liquidations have skyrocketed amid the plunge, with CoinGlass showing $459 million worth of liquidations in the last hour alone—the vast majority of them being long positions. Over the last 24 hours, nearly…

A high-stakes capital race has redefined the prediction market. Kalshi’s $300 million raise at a $5 billion valuation positioned it as the most valuable CFTC-regulated event-contract exchange in history. The firm’s expansion into 140 countries and growing list of macro and cultural markets seemed to cement its place as the global leader.Around the same time, Polymarket, Kalshi’s on-chain rival, secured $2 billion in backing from Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, and announced plans to re-enter the US market through a newly licensed exchange framework.This marks the first true duel between regulated infrastructure and crypto-native…

Nasdaq-listed wealth and asset management services provider Prestige Wealth is rebranding to Aurelion Treasury to launch the Nasdaq’s first Tether Gold-backed corporate treasury as more Wall Street companies explore digital asset offerings.To launch Nasdaq’s first Tether Gold (XAUT) treasury, the company announced the closure of a $100 million Private Investment in Public Equity (PIPE) financing round from anchor investor Antalpha Platform Holding Company and other accredited investors, including TG Commodities S.A. de C.V. (Tether), the company said Friday.The company also secured a three-year, $50 million senior debt facility from Antalpha Management, bringing its total funding to $150 million, according to…

News of Intercontinental Exchange’s potential $2 billion investment in Polymarket is reverberating through the financial and gambling communities, with execs proclaiming the deal as revolutionary for the crypto space and analysts describing it as the most important validation of prediction markets so far.The investment is one of the largest ever in a crypto company.While prediction markets’ encroachment of the sports betting industry is occupying plenty of mindshare around gambling circles, ICE CEO Jeffrey Sprecher trumpets tokenization as a core competency of Polymarket and believes the partnership will continue to push change in transactional flow.“What I see the tokenization doing is…

Willemstad, Curaçao, October 10th, 2025, Chainwire Whale.io Launches Battlepass Season 3: First Paid Casino Battlepass Offering $77K in Rewards Whale.io, a crypto casino and sportsbook, has announced the release of Battle pass Season 3. As the first online casino to introduce a purchasable Battlepass, Whale.io offers players access to $77,000 in bonuses, cashbacks, and exclusive rewards—surpassing traditional welcome or wagering bonuses in the industry. With 11 ranks, 101 levels, and a cashback system that scales up to 22% cashback, Season 3 provides a structured, rewarding experience for its global community of over 20 million users. Priced at $1.99 or 4,999…

Today in crypto, Polymarket’s rival prediction marketplace Kalshi raised $300 million to expand into 140 countries worldwide, Democratic Party senators were criticized for proposing a DeFi restriction list, and Roger Ver has reportedly reached a deal with the US Justice Department to avoid prison over tax charges.Kalshi raises $300 million to expand prediction markets to 140 countriesUnited States-based prediction marketplace Kalshi closed another major funding round to bring its platform to more than 100 countries worldwide.Kalshi completed a Series D funding round of over $300 million led by Sequoia Capital and Andreessen Horowitz (a16z), with participation by Paradigm, the company…

Company announces new initiative to bring authentication to the enterprise, solving trust and verification at scale Eightco will serve as the global authentication and trust layer that corporations rely on The Company is supported by a select group of strategic and institutional investors including: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kraken, Pantera, GSR, Brevan Howard and more EASTON, Pa., Oct. 10, 2025 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) today announced the launch of a new pilot program focused on advancing AI authentication for the enterprise. The initiative will identify and develop innovative approaches to…

Crypto markets hold out around $4.2 trillion as traders increasingly bet the U.S. government shutdown could last into next month. Crypto markets are trading flat today, Oct. 10, and most large-caps are posting moderate losses on the week. Total market capitalization is holding out around $4.24 trillion, up less than half a percent on the day, as traders increasingly bet that the United States government shutdown will last into next month.Bitcoin (BTC) is flat on the daily and weekly time frames, trading just above $121,000. BTC 24-hour price chart. Source: CoinGeckoEthereum (ETH) is also flat today above $4,300, but is…

Cloud mining is one of the most popular crypto passive income methods for beginners in 2025. It allows you to start mining crypto without having to purchase expensive mining hardware. As long as you are interested in Bitcoin and Dogecoin cloud mining, you can start mining with just one account. With the development of AI technology, intelligent AI systems can intelligently allocate computing power and help you mine automatically without manual operation.This guide features the leading 5 free cloud mining platforms that are beginner-friendly, legal to register, and support BTC, DOGE, and other major cryptocurrencies. With no upfront investment, you…

The creators of Cryptopunks and Autoglyphs just wrapped up Art Blocks’ curated series with a new release, Quine.Generative art NFT platform Art Blocks launched its final curated collection today, with an auction for a new collection by Larva Labs, the creators of Cryptopunks, Autoglyphs, and Meebits.The collection, named Quine, features 477 pieces up for public purchase via an auction mechanism, where the lowest winning bid is the price paid by all bidders. The low bid sat at just 0.3 ETH, or $1,250, late last night, and serious participants flooded the auction over the closing hour, with the sale closing at…