Nic Puckrin, an analyst at The Coin Bureau, said Bitcoin is being “pulled in different directions by conflicting news” as it heads into the weekend.
Tom Lee speculates wounded market makers behind crypto crunch
Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee.
Kalshi’s valuation marked up to $11B after $1B funding round: TechCrunch
Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG.
Ex-prosecutor denies promising not to charge FTX executive’s partner
One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals.
SEC to hold privacy and financial surveillance roundtable in December
The slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists.
ETH DATs have a problem: Ether’s crash below $3K vaporized a year’s worth of gains
Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters.
AI hedge fund Numerai wins backing from top university endowments, token soars
Numerai’s NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500M valuation.
Prospective CFTC chair’s nomination advances through committee
Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump’s pick to replace her.
Solana ETF inflows soar: When will SOL price follow the trend?
Solana’s newly launched ETFs continued to attract heavy inflows, but a weakening market structure threatens a deeper correction to $120 for SOL price.
Bitcoin for taxes? Proposed bill would let Americans pay the IRS in BTC
Tax revenue denominated in Bitcoin would be funneled into the US strategic BTC reserve and would not trigger a taxable event for the payer.