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The stablecoin cross-border integration will only be for payments coming from and going to the United States, Zelle's parent company said. Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States. Zelle launched in 2017 and already features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s announcement: The Zelle platform is collectively owned by the member banks that use the service, including, but not limited to, Wells Fargo, JP Morgan, Capital One and PNC. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Tether projects $15 billion in profit for 2025, extending its dominance in the stablecoin market as investor interest and digital dollar adoption surge. Stablecoin issuer Tether expects 2025 to mark another record year for profitability, underscoring the company’s powerful business model as global adoption of digital dollars continues to accelerate. According to Bloomberg, the El Salvador–based company projects approximately $15 billion in profit for 2025 — up from $13 billion in 2024. This growth further cements Tether’s position as one of the most profitable companies in the world on a per-employee basis. Tether’s success, driven by the dominance of its USDt (USDT) token, the world’s largest stablecoin with nearly $186 billion in circulation, has drawn significant attention from investors. Read more
Polymarket’s Matthew Modabber confirmed the platform will eventually launch a token, but said entering the US market takes priority. Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said: Prediction markets Polymarket and its competitor Kalshi became mainstream in 2024, attracting individuals who are non-crypto natives into the world of digital assets and blockchain technology. Read more
Polymarket’s Matthew Modabber confirmed the platform will eventually launch a token, but said entering the US market takes priority. Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App. The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said: Prediction markets Polymarket and its competitor Kalshi became mainstream in 2024, attracting individuals who are non-crypto natives into the world of digital assets and blockchain technology. Read more
Indian exchange WazirX has ended its more than year-long shutdown, while the FCA is going after unregistered exchanges in the UK. After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. Read more
Indian exchange WazirX has ended its more than year-long shutdown, while the FCA is going after unregistered exchanges in the UK. After a massive hack in 2024, Indian crypto exchange WazirX is opening for business. Elsewhere, regulators like the UK’s Financial Conduct Authority (FCA) are tightening the screws on crypto exchanges. The FCA has issued hundreds of warnings to unregistered crypto exchanges, including Justin Sun’s HTX. In Russia, the finance ministry is reportedly preparing to introduce more regulations for the crypto industry. Read more
Pump.fun has acquired the Padre trading terminal to strengthen token liquidity as Solana’s memecoin market cools from its 2024 highs. Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024. Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes. Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support. Read more
Pump.fun has acquired the Padre trading terminal to strengthen token liquidity as Solana’s memecoin market cools from its 2024 highs. Solana-based memecoin launchpad Pump.fun has acquired the Padre trading terminal for an undisclosed amount, signaling the network’s continued expansion into a sector that has cooled significantly since its peak craze in 2024. Pump.fun announced the acquisition on X on Friday but did not disclose financial details. The company said the move aims to enhance liquidity for tokens on its platform, noting that trading terminals are key to driving higher trading volumes. Pump.fun described Padre as offering a strong user experience, cashback rewards, competitive fees and dedicated trader support. Read more
Bitcoin flipped volatile as CPI data came in lower than expected, but failed to follow stocks as they hit fresh all-time highs on Fed rate-cut optimism. Key points: Bitcoin price action whipsaws around a cooler-than-expected CPI print. Optimism on risk assets increases, with the Federal Reserve seen continuing interest-rate cuts through 2026. Read more
Ethereum bulls pushed the price above $4,000 as traders monitored a smart trader’s activity and projected higher ETH prices. Key takeaways: Ether’s price tests $4,000 as a highly successful trader expects further gains in the ETH price. Traders say ETH is poised for an upside move, citing strong technicals and a declining balance on exchanges. Read more
Traditional diversification enforces market mediocrity. Agentic AI tools offer retail investors institutional-grade analysis. Opinion by: Saad Naja, CEO of PiP World For decades, retail investors have been sold a lie: diversify, track the benchmark, play it safe. That lie has only one outcome: permanent mediocrity. Diversification has been Wall Street’s leash on the masses — a clever trick to keep households tethered to “average.” It protects you from ruin, yes, but it also ensures you’ll never be free. The ultra-wealthy have never played by those rules. They concentrate capital in paradigm shifts across AI, crypto and biotech with asymmetric upside. Read more
A major update to Counter-Strike 2’s item mechanics wiped nearly $2 billion from its $5.8 billion skin market, igniting debate over central control in gaming. The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics. According to an Oct. 8 report by Esports News, the Counter-Strike 2 skin market at the time reached a new high of nearly $5.78 billion. A separate Thursday report by Eurogamer said that almost $2 billion of this market was liquidated following a recent game update. The game’s producer, Valve, has changed the trade-up system so that players can now convert five low-rarity (covert level) skins into a knife or a pair of gloves, which were previously exceedingly rare. That instantly increased the supply of knives and gloves, driving down their prices, while the value of the skins spiked amid newfound demand. Read more
Switzerland’s BTC-only investment app, Relai, obtained a MiCA license in France, aiming to bring Bitcoin to as many people as possible. Swiss Bitcoin-only investment app Relai is the latest crypto asset service provider (CASP) to receive approval under the European Union’s crypto regulatory framework. France’s financial markets regulator, Autorité des Marchés Financiers (AMF), issued a Markets in Crypto-Assets Regulation (MiCA) license to Relai on Thursday, according to official records. “We’re incredibly proud to be one of the first Bitcoin companies to get the MiCA license and are eager to expand to France first and Europe in a second step,” Relai co-founder and CEO Julian Liniger said in a statement shared with Cointelegraph on Friday. Read more
This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets. Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar with the matter. The offering would store clients’ Bitcoin and Ether holdings through a third-party custodian, according to people who spoke to the news outlet. Read more
Corporate Bitcoin reserves now rival ETFs, and Botanix Labs founder Willem Schroé wants to turn those dormant holdings into active, yield-generating assets. Publicly listed companies are increasingly rebranding as Bitcoin (BTC) treasuries, with holdings now nearing 1.05 million BTC. Private companies have also piled in by adding another 279,185 BTC across at least 68 companies, bringing the total to 1.33 million, or about 6.3% of Bitcoin’s supply. The question now is whether these reserves will sit idle or be put to work. Willem Schroé, founder and CEO of Bitcoin yield network Botanix Labs, believes many won’t. Read more
Whales still move prices, but ETF flows, exchange liquidity, and macro shifts now decide Bitcoin’s daily color. Since 2024, spot ETF inflows and outflows have been the strongest driver of Bitcoin’s green and red days. With exchange balances near multi-year lows, any sizable order travels farther through the book. Large holders often split trades or use OTC desks, muting visible “wallet-moved” shocks. Read more
Thailand’s SEC raids World’s iris scanning site over unlicensed WLD token operations, raising legal concerns about the digital identity project. World, formerly known as Worldcoin, is facing new issues in Thailand, with local authorities raiding an iris scanning location allegedly connected to the platform. Thailand’s Securities and Exchange Commission (SEC) conducted a joint operation with the Cyber Crime Investigation Bureau (CCIB) to raid an iris scanning location related to “WLD exchange services,” the SEC announced Friday. World’s WLD (WLD) token is the project’s native cryptocurrency, distributed to eligible World ID users in exchange for verification through iris scanning at World’s orb locations. The digital identity project is co-founded by OpenAI CEO Sam Altman. Read more
Corporate crypto treasuries have attracted about $800 billion from retail investors, mainly at the expense of altcoins, according to 10x Research. Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company 10x Research. “Liquidity, momentum, and conviction have all migrated elsewhere, leaving the altcoin market eerily quiet,” 10x Research wrote in a Friday blog post. “Our models show a decisive rotation back into Bitcoin, even as Korean retail traders, once the heart of altcoin speculation, shift their focus to U.S. crypto stocks.” Read more
Dogecoin must break above the $0.20 resistance level to signal a reduction in selling pressure, potentially sending the DOGE price beyond $0.25. Key takeaways: Dogecoin must break through the $0.20 resistance to trigger a breakout from consolidation. DOGE price must confirm a symmetrical triangle pattern to secure gains to $0.25. Read more8850 items