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Brian Armstrong wrapped Coinbase’s third-quarter earnings call on Oct. 30, with a line that instantly resolved live prediction market contracts on Polymarket and Kalshi.The episode sparked debates about whether the industry’s most visible CEO had just mocked a niche betting venue or crossed a line that regulated financial executives shouldn’t approach.Armstrong said in the final seconds of the call:“I was a little distracted because I was tracking the prediction market about what Coinbase will say on their next earnings call. And I just want to add here the words Bitcoin, Ethereum, blockchain, staking, and Web3 to make sure we get…

In brief BlackRock’s IBIT saw its largest single-day outflow since early August, shedding $290 million. The drop reflects short-term macro uncertainty and a closed arbitrage window, not a long-term shift, according to analysts. Despite the weekly outflow, October’s total ETF inflows still beat September’s at $3.61 billion. U.S. spot Bitcoin ETFs witnessed a significant wave of outflows this week, led by BlackRock’s IBIT, which saw its largest single-day redemption since early August, signaling a shift in short-term institutional sentiment.The products saw a net outflow of $388.43 million on October 30, with BlackRock’s IBIT contributing $290.88 million to the total—the largest…

2 overbought cryptocurrencies to avoid trading next week Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Malaysia’s central bank has launched a three-year push to test tokenizing real-world assets, aiming to move experiments from concepts into live trials. The plan sets out pilots and proof-of-concepts that regulators and industry will run together over the next few years. Malaysia: Digital Asset Innovation Hub Moves Into Action Based on reports, Bank Negara Malaysia (BNM) and the Securities Commission have created a Digital Asset Innovation Hub and an Industry Working Group to guide projects. The hub will host pilots on things like supply-chain finance for small…

The debate pitting Ethereum versus Solana as rival L1s misses how radically their architectures diverged in 2025. Ethereum evolved into a settlement layer for modular rollups, while Solana doubled down on monolithic throughput.Ethereum abandoned the monolithic-chain race years ago, as its roadmap treats the base layer as settlement infrastructure. At the same time, execution occurs on layer-2 (L2) rollups that post state roots back to the mainnet.Solana made the opposite bet, with one unified ledger, sub-second slot times, and a proof-of-history pipeline that sequences transactions in a single global ledger.Both paths deliver transactions that feel instant to users clicking “send,”…

In brief REX Shares unveiled the REX IncomeMax Option Strategy ETF. The products seeks to turn volatility into weekly income. The product has exposure to several crypto firms. REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks, including crypto-focused companies.The product, dubbed the REX IncomeMax Option Strategy ETF, follows a hedge-fund style strategy to provide cash flow through option premium income, the company said in a statement. To that end, the ETF will have exposure to as many as 30 publicly traded…

Crypto sentiment remains fearful despite new US–China trade deal Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The ongoing United States (US) government shutdown has caused a delay in the approval of several crypto investment products, including the XRP ETFs. As investors eagerly anticipate institutional exposure to one of the most popular and debated crypto assets, new insights from market insiders shed light on revised timelines, procedural shifts, and what could happen once the regulatory delay is cleared.  XRP ETF Approval Delayed Amid US Government Shutdown  Former Fox Business Journalist Eleanor Terrett has provided fresh updates on the evolving timeline for XRP ETFs approval.…

In brief Brazilian Bitcoin treasury OranjeBTC started trading publicly on October 7. The company owns 3,708 BTC, worth $408.3 million. But it has already halted buying Bitcoin, and is instead buying back its own shares. Brazil’s biggest Bitcoin treasury OranjeBTC has halted purchasing BTC and instead has bought back its own shares, the publicly traded company announced Thursday, just three weeks after going public. OranjeBTC said that it would weigh its options going forward. Companies may buy back their shares as a way to increase the value of their stock by taking it off the market and reducing its supply.The move…

Steak n Shake just made fast-food and Bitcoin history. On white paper day, the 91-year-old American fast-food chain announced the creation of a Strategic Bitcoin Reserve (SBR), staking its claim (excuse the pun) as the first major U.S. restaurant chain to funnel all BTC payments straight into a corporate Bitcoin treasury.How Steak n Shake became Bitcoin’s fast-food friendThis news isn’t coming out of nowhere. Steak n Shake made waves back in May when it started accepting Bitcoin payments at hundreds of locations across the U.S. and Europe. It was a move that not only cut payment processing costs by half…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Custodia Bank, the popular crypto bank founded by Caitlin Long, has suffered another court setback in its fight for a Federal Reserve master account. Notably, the Wyoming-based institution failed to secure a favorable appeal ruling after an initial court rejection in March 2024. Appeals Court Upholds Fed Decision In Custodia Case In 2020, Custodia Bank filed an application with the Federal Reserve Bank of Kansas City (FRBKC) seeking a master account, which would grant the crypto-focused institution direct access to the Federal Reserve’s payment system, allowing it…

In brief Tether reported $10 billion in profit for the first three quarters of 2025—surpassing Bank of America, and nearing Goldman Sachs and Morgan Stanley’s earnings. The company’s profits stem largely from returns on $135 billion in U.S. Treasuries backing its USDT reserves. Headquartered in El Salvador, Tether plans to launch a U.S.-compliant stablecoin, USAT, by year’s end. Tether reported a massive profit of $10 billion for the first three quarters of 2025 Friday, putting the world’s top stablecoin issuer in the same league as Wall Street titans. Tether’s performance so far this year rivals that of the most profitable banks…