HyperEVM Integration Boosts HYPE to Peak
Bitget Wallet integrates with HyperEVM, expanding access to Hyperliquid’s liquidity and $HYPE utilities for over 80M users; Hyperliquid’s TVL surpasses $5B. #Update #Crypto
Crypto News
General category for all types of news related to the cryptocurrency world.
Polymarket Launches in US by November
@Polymarket plans to relaunch in the U.S. by late November, focusing on sports betting. They acquired QCX for $112M and aim for a $15B valuation. #Update #Crypto $POLY
WLF Token Surges 7% After Counsel Joins
@WorldLibertyFi appoints Mack McCain as General Counsel, boosting WLF token by 7% to $0.1479. His expertise aims to enhance regulatory compliance and support global expansion. #Update #Crypto $WLF
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
USD1 Stablecoin Adoption Surges with 8.4M Tokens
@WorldLibertyFin announces 8.4M WLFI token distribution via CEX partners, rewarding early adopters of its USD1 stablecoin. Trump-linked DeFi venture boosts adoption. #Update #Crypto
Trump Tariff Sparks China U.S. Import Resumption
China’s COFCO buys 180,000 metric tons of U.S. soybeans, signaling easing tariff tensions ahead of the Trump-Xi meeting. U.S.-South Korea trade deal finalized, reducing tariffs from 25% to 15%. #Update #Crypto $USDT
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
OpenAI Launches Split into Corporation Foundation
OpenAI has restructured into a nonprofit foundation and a commercial group, with @Microsoft acquiring 27% of the latter, extending AI licensing until 2032. Legal hurdles included Elon Musk’s attempts to block the transformation. #Update #Crypto $ETH
Crypto Oversight Expands Under New Guidance
The Australian Securities and Investments Commission updated Info Sheet 225, expanding crypto oversight, including stablecoins and staking, ahead of new legislation. #Update #Regulation
Saylor’s Strategy Boosts S&P 500 Inclusion
@MicroStrategy may have a 70% chance of joining the S&P 500 after reporting an estimated $3.8 billion gain from Bitcoin on Oct. 30, despite slowing purchases and market pressure. #Update #Crypto $BTC
Stablecoins Surge Over $6.5 Billion to Exchanges
Over $6.5 billion in stablecoins flowed into centralized exchanges in 30 days, led by @Binance with $3.63 billion; however, @OKX saw a $66 million outflow amid market downturns. #Update #Crypto $USDT
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
ChatGPT Surges to 1M Weekly Suicide Talks
OpenAI reports 1.2 million ChatGPT users discuss suicide weekly, prompting scrutiny over safety measures and a wrongful death lawsuit. #Update #AI