Prediction Market Bettors Misjudge Dutch Election Results
Polymarket traders miscalculated the Dutch election, with Geert Wilders’ PVV losing 11 seats to Rob Jetten’s D66, reflecting biases over data-driven trading. #Update #Crypto $POLY
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XRP Rejects $2.67 Breakout Amid Bitcoin Slide
Bitcoin fell to nearly $108,000 before rebounding above $110,000 amid $817 million in leveraged futures liquidations following the Federal Reserve’s rate cut. Analysts suggest potential for future gains. #Update #Crypto $BTC
Yen Stablecoin Launches New On-Chain Carry Trade
@JPYC launches Japan’s first global yen-backed stablecoin, enabling decentralized finance access and potential yield opportunities as Bitcoin dips to $110,432. #Update #Crypto $BTC
Stellar Surges 1.5% Breaking $0.32
Stellar Lumens ($XLM) rose 1.53% to $0.3177 with trading volume up 134%, indicating institutional accumulation as support forms above $0.32 ahead of the Protocol 24 upgrade. #Update #Crypto $XLM
Ethereum IPO Launches with JPMorgan Goldman Sachs
@Consensys plans to go public, selecting JPMorgan Chase and Goldman Sachs as lead underwriters for its IPO, potentially marking a significant Ethereum infrastructure debut. #Update #Crypto $ETH
Mastercard Pursues $2B Zero Hash Acquisition
@Mastercard is in late-stage talks to acquire blockchain startup Zero Hash for $1.5B-$2B as competition for stablecoin payments intensifies. Stablecoin volume may hit $1 trillion by 2030. #Update #Crypto $USDT
Fed Cuts Rates by 25 Basis Points
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.0%, with Bitcoin trading at $111,700, down 3%. Market awaits Fed Chair Powell’s comments. #Update #Crypto $BTC
Ethereum Fusaka Upgrade Launches on Hoodi Mainnet
Ethereum’s Fusaka upgrade successfully completed its final test on the Hoodi network, paving the way for mainnet activation. Meanwhile, @BOB introduced a Bitcoin Vault Liquidation Engine for BTC-backed stablecoin lending. #Update #Crypto $ETH
TeraWulf Dips 5% After $500M Capital Raise
@TeraWulf plans to raise up to $575 million via a private sale of convertible senior notes for AI data center expansion, dipping 5% post-announcement. #Update #Crypto $WULF
Bittensor ETP Launches on SIX Swiss Exchange
@DeutscheDigitalAssets and @Safello to launch the Safello Bittensor Staked TAO ETP on the SIX Swiss Exchange, offering exposure to $TAO with staking rewards. #Update #Crypto $TAO
Bitcoin Holds Strong at $113K Amid Thin Liquidity
Bitcoin hovers around $113K as traders await the Fed’s policy decision, with liquidity thinning and major tokens like $ETH and $SOL declining. Total crypto cap at $3.9T. #Update #Crypto $BTC
Bitcoin Dip Prepares for $120K Breakout
Bitcoin hovers near $112,600 as traders await the FOMC meeting; analysts suggest reclaiming $120K could lead to $143K, while support holds at $112K. #Update #Crypto $BTC
Ethereum Fusaka Upgrade Completes Final Test
Ethereum’s final dress rehearsal for the Fusaka upgrade successfully completed on the Hoodi testnet, with mainnet activation expected by November 28 or December 3. #Update #Crypto $ETH
Polymarket Eyes U.S. Comeback by November
@Polymarket plans to relaunch in the U.S. by November, focusing on sports markets after settling with the CFTC and acquiring QCX for regulatory compliance. #Update #Crypto $USDT