Why is PEPE price up by double digits today?
PEPE price rises nearly 12% as Justin Sun-linked wallets hold $51 million in tokens. Traders watch exchange flows, futures activity and $0.000005 resistance.
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Core DAO leadership changes as validators take control
Core DAO’s early contributors Rich Rines and Brendon Sedo have stepped down from their roles in the DAO as the Bitcoin-focused blockchain transfers more responsibilities to independent validators and community members. In an October 27 announcement on X, Core DAO…
Jack Dorsey’s Spiral warns Bitcoin is losing the payments race to stablecoins
Jack Dorsey's Spiral warns Bitcoin payments lag stablecoins despite Lightning advances and calls for ambitious ideas to drive everyday adoption within five years.
Brazil stablecoin trading soars as firms hedge Lula election shock
Brazil's USDT trading surged after Lula's election victory, with corporate accounts driving 78% of Mercado Bitcoin volume as the real and Ibovespa fell.
Ripple Swell draws Bessent reports as Robinhood deal unfolds
Ripple Swell has drawn reports of a planned appearance by U.S. Treasury Secretary Scott Bessent, as the company has announced a Robinhood partnership covering RLUSD, institutional financing, and treasury management. Ripple’s October 27 announcement describes an agreement spanning both Robinhood’s…
Avalanche tokenized Treasuries gain yield-bearing collateral use
Lynq and ZeroBeta have connected institutional borrowing and trading margin to tokenized U.S. Treasuries on Avalanche, allowing eligible pledged holdings to keep earning interest. Lynq’s announcement, published Oct. 27, describes an integration between its settlement network and ZeroBeta’s BlueShift risk…
Polymarket faces renewed CFTC scrutiny over $1.4m settlement
Polymarket has faced renewed CFTC scrutiny over whether it honored the U.S. access restrictions tied to its $1.4 million settlement in 2022, according to Reuters. Reuters reported on Oct. 27, citing two people familiar with the matter, that the review…
FTX’s $1.3B Anthropic sale returns to focus as IPO looms
Anthropic’s IPO filing has brought renewed attention to FTX’s $1.3 billion sale of its investment in the AI company, as an undiluted calculation puts the former stake above $100 billion. Anthropic announced on Oct. 26 that it had filed an…
Midnight passes 1 million transactions as daily activity climbs
Midnight has passed one million mainnet transactions, with Input Output Group announcing the milestone after Midnight Explorer reported a total of 1,019,963 on Oct. 27. Input Output Group said Midnight mainnet had passed one million transactions in an Oct. 27…
CFTC sues Utah as prediction-market fight reaches 10 states
The Commodity Futures Trading Commission and the U.S. government have sued Utah over its enforcement against prediction markets, bringing the agency’s state jurisdiction challenges to 10. The CFTC’s Oct. 27 announcement said the lawsuit seeks to stop Utah from using…
FOMO’s $500 offer for 30 videos divides crypto creators over pay
FOMO’s offer of $500 a month for at least 30 promotional videos has sparked a dispute among crypto creators over production time, workload, and referral-based compensation. Eliza, a video creator, criticized the offer in an Oct. 26 X post that…
Bitcoin whales turn net short on Hyperliquid for first time since March
Bitcoin whales on Hyperliquid have turned net short for the first time since March, according to Glassnode, reversing their earlier bullish positioning as BTC trades near $80,000. Glassnode said in an Oct. 27 post that the large traders it tracks…