🔍Market Summery

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US senator probes Tether after reported deal with ex-Trump crypto adviser

US senator probes Tether after reported deal with ex-Trump crypto adviser

Update (Oct. 23, 6:27 pm UTC): This article has been updated to include a response from Tether.Senator Richard Blumenthal has requested information from Tether CEO Paolo Ardoino after a Wall Street Journal report said that the stablecoin issuer had inked a $6.3 million deal with a marketing company …

US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser

US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser

TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethics concerns; the inquiry is not a finding of wrongdoing.Tether is facing questions from a senior U.S. senator over reported payments to a consultancy connected to a former…

Netanyahu seeking blockchain plan to prepare for possible sanctions

Netanyahu seeking blockchain plan to prepare for possible sanctions

Israeli Prime Minister Benjamin Netanyahu said he has asked for a plan involving blockchain to help the country prepare for possible economic sanctions, including banking restrictions."We need to understand that there could be sanctions, including banking sanctions. You need to prepare an economy th…

Bitcoin, Ethereum, XRP, Dogecoin Steady as Traders Brace for Potential Weekend Volatility

Bitcoin, Ethereum, XRP, Dogecoin Steady as Traders Brace for Potential Weekend Volatility

Bitcoin is holding above $81,000 despite heavy institutional ETF outflows and CryptocurrencyTickerPriceBitcoin$81,536.75Ethereum$2,404.16Solana$104.37XRP$1.31Dogecoin$0.07978Shiba Inu$0.055068Notable Statistics:Coinglass data shows 98,065 traders were liquidated in the past 24 hours for $253.93 mill…

Initia halts blockchain after exploit reportedly drains over $2.6M

Initia halts blockchain after exploit reportedly drains over $2.6M

Initia halted its layer-1 blockchain and rollups after blockchain sleuths reported an exploit that allowed an attacker to mint tokens without authorization and drain more than $2.6 million in crypto assets.The network was halted at 3:41 p.m. UTC on Friday following a security incident, Initia said i…

CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities

CMCC Global Plans Tokenized Bitcoin Funds With Tether And Bitfinex Securities

TL;DR: CMCC Global is bringing two existing fund strategies into tokenized securities issued through Tether’s Hadron infrastructure and Bitfinex Securities under El Salvador’s rules.The tokenization of financial products is moving beyond Treasury bills and cash-like instruments. Investment manager C…

Franklin Templeton to launch two 95% stock, 5% Bitcoin ETFs

Franklin Templeton to launch two 95% stock, 5% Bitcoin ETFs

Franklin Templeton plans to launch two exchange-traded funds that put 95% of their assets in US stocks and 5% in Bitcoin. One is built around S&P 500 exposure. The other targets the Nasdaq 100.The asset manager filed a Form 8-A with the SEC on October 22, 2026. That filing typically signals a listin…

CFTC data shows Bitcoin futures speculators net long 2,418 contracts

CFTC data shows Bitcoin futures speculators net long 2,418 contracts

Large speculators in CME Bitcoin futures held a net long position of 2,418 contracts for the week of October 20, 2026, according to the Commodity Futures Trading Commission's latest Commitments of Traders report.That is a slight pullback from the prior week's 2,534 contracts.The report, released Oct…

Argentina drops probe into President Milei and sister over meme coin scandal

Argentina drops probe into President Milei and sister over meme coin scandal

By Leila MillerA criminal investigation into the role of Argentine President Javier Milei and his sister Karina Milei in a meme coin scandal was dropped on Friday, according to court records.Federal judge Marcelo Martinez de Giorgi gave the order after prosecutor Eduardo Taiano asked for the dismiss…

Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits

Solayer Pay Adds Five Blockchain Networks For Direct Stablecoin Card Deposits

TL;DR: Solayer Pay says its card app now accepts supported stablecoin deposits from Solana, Ethereum, Arbitrum, BNB Chain and Base without an additional bridging step.Moving stablecoins from a crypto wallet to a payment card has often involved an awkward detour through another blockchain or exchange…

Arcblock: Retires Blocklet Server 1.x services and moves to ARC - 31 Dec 2026

Arcblock: Retires Blocklet Server 1.x services and moves to ARC - 31 Dec 2026

ArcBlock plans to retire official hosting and associated services for Blocklet Server 1.x on 31 Dec 2026. The company is moving to ARC, short for Agentic Realm Computer, with all operations set to transition to that platform.Users who depend on the retiring services will need to plan their move to A…

Derive: Partners with Origami Tech to bring its markets to automated trading - 23 Oct 2026

Derive: Partners with Origami Tech to bring its markets to automated trading - 23 Oct 2026

Derive announces a partnership with Origami Tech on 23 Oct 2026 to bring its markets to automated crypto trading strategies.Automated strategies can use Derive markets as part of their trading activity, extending access to the platform through Origami Tech. This adds a way to use Derive markets thro…