Crypto

Immutable’s Robbie Ferguson says gaming giants are gearing up to launch tokens: plus why saying “Web3 gaming is dead” is bullish: Web3 Gamer. Gaming giants who once treated crypto like a shady mystery are now stampeding to get in on the action, according to Immutable co-founder Robbie Ferguson. I can tell you right now, were in conversations with multibillion-dollar gaming companies about them launching a token, which we would have been laughed out of those rooms 12 months ago, Ferguson tells Magazine during a sit-down interview at Token2049 in Singapore. Ferguson says the change comes as US lawmakers inch closer to regulatory certainty with the Digital Asset Market Clarity Act, which aims to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading Commission and other financial agencies that regulate the crypto market. Read more

Immutable’s Robbie Ferguson says gaming giants are gearing up to launch tokens: plus why saying “Web3 gaming is dead” is bullish: Web3 Gamer. Gaming giants who once treated crypto like a shady mystery are now stampeding to get in on the action, according to Immutable co-founder Robbie Ferguson. I can tell you right now, were in conversations with multibillion-dollar gaming companies about them launching a token, which we would have been laughed out of those rooms 12 months ago, Ferguson tells Magazine during a sit-down interview at Token2049 in Singapore. Ferguson says the change comes as US lawmakers inch closer to regulatory certainty with the Digital Asset Market Clarity Act, which aims to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading Commission and other financial agencies that regulate the crypto market. Read more

Though liking the long-term prospects for the Winklevoss-led company, KBW placed a market perform rating on the stock, expecting GEMI to remain unprofitable for the time being.

Retail traders are showing their most bearish tilt since the panic surrounding Trump’s tariff announcements bank in April.

Aave (AAVE) was also an underperformer, declining 3.1% from Monday.

It's ATH SZN, with Bitcoin, gold and BNB all making fresh all-time highs in the past 24 hours.

Behind every rally and every crash lies an invisible engine: options dealers rebalancing billions in Bitcoin exposure. As open interest pushes past $57 billion, it’s the hedging flows, not sentiment, that now dictate price. For most of Bitcoin’s history, price discovery happened in the spot market. Retail traders and long-term holders set the tone, while […] The post Is Bitcoin now a $57B volatility trade – or just the start? appeared first on CryptoSlate.

Bitcoin revisited $123,200 after its latest record highs while market analysis raised concerns about surging open interest over the past week. Key points: Bitcoin takes stock of its latest gains after reaching fresh all-time highs above $126,000. $124,000 emerges as the essential battleground for Bitcoin bulls. Read more

BNY Mellon is exploring tokenized deposits to move part of its $2.5 trillion daily payment flow onto blockchain rails and modernize cross-border settlements. BNY, the largest custodian bank in the world, is exploring tokenized deposits to enable clients to transfer funds instantly, 24/7, while easing constraints of its legacy systems. Carl Slabicki, executive platform owner for Treasury Services at BNY, told Bloomberg that the project is part of an effort to upgrade real-time and cross-border payments, aiming to move a portion of its $2.5 trillion daily payment flow onto blockchain rails. Tokenized deposits can help “banks overcome legacy technology constraints, making it easier to move deposits and payments across their own ecosystems – and eventually, across the broader market as standards mature,” Slabicki said. Read more

Time2Build will pay developers to add Bitcoin Lightning Network features to existing open-source apps, rewarding only code accepted by project maintainers. Industry initiative Time2Build is paying developers to integrate the Breez Bitcoin Lightning Network software development kit (SDK) into existing open-source projects, aiming to drive lasting adoption rather than short-term experimentation. According to a Tuesday announcement shared with Cointelegraph, the initiative is not a hackathon or a developer bounty. Instead, it pays developers for contributing to existing open-source projects and adding Bitcoin (BTC) features to them. Only code accepted by project maintainers is rewarded, ensuring that Lightning Network features actually reach users. A representative told Cointelegraph that “eligible open-source projects must have a FOSS [free and open source] license, an active community and a real-world user base.” Read more

Yuma has appointed veteran crypto founders Greg Schvey and Jeff Schvey as its new Chief Operating Officer and Chief Technology Officer, respectively.

With fresh capital from Bain Capital Crypto, Haun Ventures and others, Meanwhile eyes global growth in BTC life insurance market.

Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Cointelegraph. United States President Donald Trump has floated the idea of using import tariff revenue for another stimulus package, signaling a potential tailwind for crypto markets, alongside the ongoing government shutdown. Trump said he is considering giving Americans up to $2,000 in stimulus checks funded by revenue generated from import tariffs, according to an interview on the One America News Network published on Thursday. While the revenue from tariffs is just “starting to kick in,” they will ultimately generate “over a trillion dollars a year,” said Trump during the interview, adding that another part of the revenue will be used to pay the nation’s $37 trillion federal debt. Read more

The deal aims to expand Naka's bitcoin treasury and strengthen long-term balance sheet flexibility.

Traditional markets offer mixed signals as BTC holds key trendline support.

Ethereum continues to show strength, currently trading around $4,670 as it edges closer to the midline of its ascending channel. The market has maintained a steady recovery since late September, but signs of local exhaustion are beginning to appear, suggesting a potential short-term pullback before another push higher. Technical Analysis By Shayan The Daily Chart […]

The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.

Treasury companies and ETFs now hold over 10% of ETH’s supply, with SharpLink and BitMine leading corporate accumulation. SharpLink Gaming’s Ether holdings surged in value as the cryptocurrency climbed nearly 4.5% in the past 24 hours, pushing the company’s unrealized gains close to $1 billion. On Tuesday, the company said its unrealized profit from its Ether (ETH) purchases has surpassed $900 million since it initiated its accumulation strategy on June 2.  Strategic ETH Reserve data showed that SharpLink held 838,730 ETH on its balance sheet, worth around $3.93 billion at current prices. This makes the company one of the largest holders of ETH, with 0.69% of the asset’s total supply.  Read more

NYSE parent company, Intercontinental Exchange, has invested $2 billion in the crypto prediction market Polymarket at a $9 billion valuation. Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), invested $2 billion in cryptocurrency-based prediction market Polymarket. According to a Tuesday Polymarket X post, the ICE invested $2 billion in the prediction market. The deal values Polymarket at a $9 billion post-money valuation. ICE’s NYSE is the world’s largest stock exchange by market capitalization, exceeding $25 trillion as of July 2024. Its interest is the latest move that fuses the United States’ traditional financial landscape with the cryptocurrency industry. Read more

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