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In brief The NHL has signed multi-year licensing deals with prediction market startups Kalshi and Polymarket. Weekly prediction market volume surpassed $2 billion for the first time, with sports betting driving $414.7 million in volume last week. Major funding rounds have propelled valuations, with Kalshi recently raising $300 million and Polymarket securing $2 billion. The National Hockey League has inked multi-year licensing agreements with prediction market startups Kalshi and Polymarket, marking the first time a major U.S. professional sports league has authorized these platforms to use its trademarks.Prediction platforms will now compete with established sportsbook giants like DraftKings and FanDuel…
What is Bitcoin and who is it for? There are a plethora of catchphrases available on Twitter to cover this one. Bitcoin is for everyone… no wait, it’s for anyone! Bitcoin is a store of value. Bitcoin is a medium of exchange. We could do a classic appeal to authority and declare that Bitcoin is exactly what Satoshi described, “A Peer-to-Peer Electronic Cash System”.Bitcoin becomes what we make it. It serves the people we choose to build for. If we want Bitcoin to be a store of value or medium of exchange, we have to build the protocols and services…
As volatility sweeps through the cryptocurrency market, Binance Coin (BNB) finds itself in a crucial position. The token has slipped close to the $1,000 support level, raising questions about whether bulls can defend this critical price zone in the short term. While technical indicators suggest a weakening trend, BNB’s on-chain fundamentals continue to show resilience, keeping investors cautiously optimistic. BNB Faces Renewed Selling Pressure BNB’s price dropped 3.9% on October 21, tracking Bitcoin’s wild price swings between $114,000 and $107,800 within a single day. The quick succession of rallies and retracements in Bitcoin triggered a wave of volatility across major…
I consider myself a progressive person because I look around the world and I see that it is not just, fair, equitable, or peaceful. I have always looked for ways to make the world better, and I have always done that from within the systems I recognized as broken. For most of my adult life, I have expected the government (one example of a broken system) to make rules and laws that nudge the system closer to justice, fairness, equity, and peace. Isn’t that the best we can hope for? One reason why I encourage you to learn about Bitcoin…
In brief The Ethereum Foundation moved $610 million worth of ETH to a new wallet on Wednesday. The “routine” migration was to a new multi-signature wallet from Safe. The Foundation is deploying more of its funds into DeFi protocols to support community development. The Ethereum Foundation moved more than 160,000 ETH—valued at approximately $610 million as of this writing—to another wallet on Tuesday, prompting speculation over the reasons and destination for the bulk of the Foundation’s treasury.On Wednesday, the Safe Foundation and the Ethereum Foundation announced that the funds had been moved into a multi-signature Safe Wallet, which is designed…
In brief Wallets tied to alleged scammer Chen Zhi have moved about $1.7 billion in Bitcoin recently sanctioned by the U.S. Treasury, per Arkham Intelligence. The 15,959 BTC transfers appear tied to Chen’s Prince Holding Group, which prosecutors say ran a global crypto fraud and forced-labor network. Chen remains on the run, as investigators question how the U.S. obtained another $14 billion in BTC linked to his operation. The alleged mastermind behind a $14 billion crypto scam, currently on the run from the U.S. government, has begun moving billions of dollars worth of Bitcoin to new wallets, according to on-chain…
Joe Naggar, CEO & CIO of Feynman Point Asset ManagementFPAM Joe Naggar, a former partner at Steven Tananbaum’s GoldenTree Asset Management, is launching an independent hedge fund with $300 million under management, marking the formal spin-out of his team from crypto-focused investment firm Republic. Naggar spent 16 years at GoldenTree, helping oversee its $61 billion in credit assets. A longtime crypto enthusiast, he started mining bitcoin in 2013 and made early investments in projects like Stacks and Algorand as well as Coinbase. In 2022, he began assembling a dedicated digital assets team inside GoldenTree, betting that macro-informed approach and institutional-grade…
KNTQ will allow holders to participate in decisions shaping the Kinetiq liquid staking protocol.The Kinetiq Foundation on Wednesday unveiled KNTQ, the official governance token for the Kinetiq protocol—the largest liquid staking platform on Hyperliquid’s Layer 1, HyperEVM, with a total value locked (TVL) of over $1.6 billion.As a governance token, KNTQ will enable holders to participate in decision-making and help shape the future of the Kinetiq protocol. The token will have a maximum supply of 1 billion, and eligible airdrop recipients must agree to the Kinetiq Foundation Terms of Use by Nov. 21 at 20:00 UTC.Kinetiq’s token distribution will allocate…
Gold, one of the oldest and most trusted stores of value, suffered a brutal sell-off in just 24 hours, wiping out trillions of dollars in market value, more than the entire value of Bitcoin.The gold market extended Tuesday’s massive correction, with $2.5 trillion being erased from its market cap on Wednesday, according to the financial analysis publication, The Kobeissi Letter.Putting gold on track for its largest two-day decline since 2013, the 8% drop has sparked panic among investors who had turned to the metal as a hedge against inflation and market volatility after its 60% surge earlier in 2022.Although Bitcoin…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The volume of crypto transactions in the US has skyrocketed under President Donald Trump’s administration. A new report by TRM notes that between January 2025 and July 2025, crypto transactions in the US surged by about 50%, crossing $1 trillion in value. Crypto Witnesses Resurgence Under Trump According to a report by TRM, titled ‘Country Crypto Adoption Index 2025’, countries like India, the US, Pakistan, the Philippines, and Brazil ranked among the top five nations around the world in terms of digital assets adoption. While India maintained…

