šŸ”Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

President Trump, World Liberty Financial Sued Over $2.5 Billion UAE Crypto Deals: Report

President Trump, World Liberty Financial Sued Over $2.5 Billion UAE Crypto Deals: Report

President Donald Trump and his family-backed cryptocurrency venture, World Liberty Financial , face a federal lawsuit alleging constitutional violations tied to $2.5 billion in cryptocurrency deals linked to the UAE.The lawsuit filed Thursday by a Circle Internet Group shareholder J. Benjamin Greenb…

New York AG seeks $1.37B from NovaTech founders over Ponzi scheme

New York AG seeks $1.37B from NovaTech founders over Ponzi scheme

New York Attorney General Letitia James has asked a court to order defunct crypto and forex trading platform NovaTech’s founders, Cynthia and Eddy Petion, and related companies to pay $1.37 billion over its Ponzi scheme.The AG is seeking the return of about $1.13 billion in investor funds, plus $232…

Bitcoin Below $82,000 as Stock Market Pressure Weighs on Crypto — Update

Bitcoin Below $82,000 as Stock Market Pressure Weighs on Crypto — Update

By Joseph WilkinsBitcoin clawed back some ground but remained below $82,000 on Friday, following heavy losses in the previous session amid fears the artificial-intelligence trade is losing steam.The flagship cryptocurrency was broadly flat at $81,411, making a modest recovery from the lows of $81,07…

Nasdaq Futures Steady as AI Selloff Pauses — Update

Nasdaq Futures Steady as AI Selloff Pauses — Update

By Joe StonorInvestors paused a selloff in artificial-intelligence stocks after the Nasdaq notched its worst day since June in the previous session, but sentiment was muted as oil prices continued to rise.Futures for the tech-heavy Nasdaq traded flat as global AI stocks struggled to mount a signific…

Switzerland's First Bitcoin ETF Seen as Good News for European Wealth Clients, Fund Selectors — Mark

Switzerland's First Bitcoin ETF Seen as Good News for European Wealth Clients, Fund Selectors — Mark

The launch of the first Swiss-regulated bitcoin ETF this week is better suited to meet the needs of wealth clients and fund selectors than the traditional ETP structure, says Sygnum Bank. Exchange-traded products for bitcoin have existed for years but are typically debt instruments, so investors hol…

Bitcoin Loses Key Support Ahead of the Weekend. Is a Big Move Coming?

Bitcoin Loses Key Support Ahead of the Weekend. Is a Big Move Coming?

Bitcoin closed below its 50-day simple moving average (SMA) for the first time since August. Meanwhile, Bitcoin volatility keeps compressing ahead of the weekend.Liquidation clusters, rising leverage, and fresh ETF outflows suggest the month-long range could break soon. Overall, the data tilts towar…

Stock Market Today: S&P 500, Nasdaq 100, Dow Jones Futures Fall Ahead of Global PMI Data—Western Dig

Stock Market Today: S&P 500, Nasdaq 100, Dow Jones Futures Fall Ahead of Global PMI Data—Western Dig

Editor’s Note: The ETFs tracking benchmark indices, lede, and the headline were updated in the story.U.S. stock futures dropped on Friday as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Thursday’s mixed close.Reuters reported the U.S. Commodity Futures Trading Commission is probing …

Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving R

Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving R

The central banks of Malaysia and Thailand are joining Singapore's BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative to work on cross-border payments involving stablecoins and tokenized deposits.Singapore's Monetary Authority (MAS) confirmed Friday that Bank Negara Malaysia and the…

Treasury Yields Rise as Markets Price In Fed Hold — Market Talk

Treasury Yields Rise as Markets Price In Fed Hold — Market Talk

0856 ET - Treasury yields edge higher following Thursday's decline as markets grow convinced the Fed will hold rates steady next week despite rising oil prices. Threats of escalation in the Middle East push Brent crude up 2% to $115 a barrel. Meanwhile, markets price in 92% odds of a Fed hold, accor…

Phantom rolls out Kalshi prediction markets to US users, says it’s ā€˜confident and comfortable’ amid

Phantom rolls out Kalshi prediction markets to US users, says it’s ā€˜confident and comfortable’ amid

Crypto wallet provider Phantom is rolling out Kalshi prediction markets to U.S. users, letting them trade event contracts directly on its app.The rollout begins Friday, Oct. 23, with access expanding over the coming weeks. Phantom users will need to complete KYC on Kalshi.The launch comes as states …

Ethereum Delays Glamsterdam Test On Hoodi Over Smart Contract Compatibility Questions

Ethereum Delays Glamsterdam Test On Hoodi Over Smart Contract Compatibility Questions

TL;DR: Ethereum developers have removed the planned October 26 Glamsterdam activation on Hoodi while they investigate EIP-8037 interactions with existing contracts; no replacement date has been announced.Ethereum developers have pulled the October 26 activation of Glamsterdam on the Hoodi testnet, i…

Bitcoin to $1 Million? Don't Expect 100X Returns Anymore, Dan Tapiero Says

Bitcoin to $1 Million? Don't Expect 100X Returns Anymore, Dan Tapiero Says

50T Funds founder Dan Tapiero says Bitcoin could eventually reach $1 million, but anyone buying today shouldn’t expect the 100x returns early holders captured.Why Tapiero Says the Easy Gains Are Behind UsTapiero told the When Shift Happens podcast Thursday that investors who bought Bitcoin near $100…