Brazil’s Stock Market Crashes After Lula’s Upset Victory
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
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Treasury dealers’ net bill holdings hit a two-year high as October 30 funding pressure nears
FHLBNY’s October 23 update puts dealer financing capacity in focus ahead of October 30, while Bitcoin spillover remains conditional. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.
Kalshi strikes deal with S&P Dow Jones Indices to expand financial event contracts
The agreement adds S&P Dow Jones gauges to a growing list of Wall Street firms expanding their involvement in prediction markets. S&P Dow Jones Indices has partnered with prediction market platform Kalshi in a deal that will allow the exchange to offer event contracts tied to the financial index provider’s benchmarks. According to Monday’s announcement, Kalshi will become a preferred platform for contracts linked to S&P DJI indices, with settlement based on official index values published by the company. S&P DJI will also explore developing indexes using Kalshi’s prediction market data, potentially tracking expectations around economic developments, political outcomes and sporting events. The gauges would use prices from Kalshi’s event contracts to measure market expectations about future…
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach.
Ethereum Price Analysis: Key Levels to Watch as $2K Comes Into Play for ETH
Ethereum has slipped below a key technical boundary after failing to continue its recovery through the $2.8K region. Trading around $2.31K, ETH has broken beneath the lower trendline of its daily ascending channel, putting pressure on the nearby support zone at $2.3K. Meanwhile, the Taker Buy Sell Ratio points to significant selling aggression in the …
Tom Lee's Bitmine Keeps Buying Ethereum But Pivots to Record Share Buybacks
The firm added 10,452 ETH to reach 4.95% of supply, but its bigger move was repurchasing 2.04 million of its own shares—part of what it calls the largest equity buyback any crypto treasury company has run.
‘Every SOL Holder Needs to See This Chart:’ Major Price Move Incoming?
“The next major expansion could send SOL toward $500,” one analyst projected.
Circle gives its Bitcoin-backed token one balance across Ethereum and Arc
Gateway gives cirBTC holders a shared balance, with advertised fast access after deposit finality and a separate seven-day fallback exit. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
'Privacy Horror’: Researcher Uncovers Extent of Samsung Smart TV User Tracking
AI-powered reverse engineering could make it "easier and faster" for researchers to uncover and explain how devices collect and share data.
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029.
Ethereum (ETH) Suffers Its Worst October in 8 Years: Is More Pain Ahead?
One analyst thinks ETH could reverse to the $1,850-$1,920 support area.
PHP flaw shows AI ‘vulnerability apocalypse’ is on schedule: Immunefi CEO
Mitchell Amador warned internet users that websites could remain compromised for weeks, particularly smaller websites slower to adopt the emergency upgrades. Internet users are still vulnerable to cyber exploits stemming from the PHP vulnerability, particularly through smaller websites that could take weeks to adopt the upgrade shipped last Wednesday, according to bug bounty platform Immunefi CEO Mitchell Amador. “This is the vulnerability apocalypse” running on schedule, where finding vulnerabilities became cheap, but fixing them remains expensive, Amador told Cointelegraph. “For the next few weeks, treat any site you log into as if it could already be compromised,” said Amador, warning users to avoid reusing passwords and to exercise caution when connecting their cryptocurrency wallets…
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, non-bank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within three business days.
The $2 Trillion AI Giant: Inside Anthropic’s Massive IPO Filing
Anthropic's operating loss for the first half was $693 million. Most of the remaining loss came from marking its convertible notes to a rising valuation.
Bitcoin faces an inflation warning beneath steady US consumer sentiment
Michigan’s new historical comparison finds elevated long-run expectations that could complicate easier financing conditions for Bitcoin. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Anthropic Makes IPO Filing Public, Plans Nasdaq Listing Under ‘ANT’
The S-1 shows revenue up from $1.2 billion a year earlier, and a share structure that leaves a trust and the co-founders in control.
Ripple (XRP) Just Made a Major Move Into Corporate Finance
One of the biggest additions of the new venture allows eligible businesses to generate returns on qualifying digital assets, including RLUSD, outside traditional hours.
Bitcoin Hyper Launches Wallet: Could Its Testnet Make Early Investors Rich?
Bitcoin Hyper launches its new wallet as its $33M presale and 35% APY staking offer fuel its BTC L2 ambitions ahead of November 26 launch.
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Strategy made no Bitcoin purchases or sales last week, as its STRC preferred stock buybacks reduced its USD Cash balance by 46% to $242.4 million. Michael Saylor’s Strategy refrained from buying or selling Bitcoin last week, choosing instead to spend $204.9 million on STRC preferred stock buybacks. Strategy repurchased 2.07 million shares between Monday and Friday, reporting no Bitcoin (BTC) transactions or stock sales through its at-the-market offering program, according to its Monday filing with the US Securities and Exchange Commission. The company said its Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average price of $75,446 per coin. At Monday’s US equities open, the biggest cryptocurrency was trading hands at roughly $79,992 apiece.
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