Month: October 2025

Gespa opens probe into FIFA ‘Right to Buy’ World Cup NFTs

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Switzerland’s gambling regulator is looking into whether “right-to-buy” tokens sold by global soccer organizing body FIFA ahead of the 2026 World Cup tournament comply with rules that govern gambling, Bloomberg reported. No wrongdoing has been alleged. Gespa is assessing whether the tokens, which can be bought, sold and traded on FIFA’s non-fungible token (NFT) marketplace, are gambling-like or represent conditional purchase rights. FIFA stands for Fédération Internationale de Football Association. The authority has not alleged wrongdoing nor had it received any reports of wrongdoing, and is gathering facts to determine whether…

Wall Street Validation or Decentralization Death Sentence?

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Are Wall Street’s rapid ETF approvals rewarding corporate tokens, and not grassroots decentralized networks? Wall Street’s push to approve altcoin exchange-traded funds (ETFs) this October, dubbed “Cointober” by some analysts, is drawing renewed attention to the growing institutional appetite for cryptocurrency. This has also raised questions about decentralization versus institutional validation. Cointober Frenzy According to Alphractal, 59% of institutional investors plan to allocate more than 5% of their assets under management to crypto in 2025, up sharply from less than 2% in 2023. This could represent a potential $2.4 trillion…

Polygon Proposal Seeks to End POL Inflation, Add Buybacks

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A new proposal to overhaul Polygon’s tokenomics is gaining momentum on the project’s governance forum and across social media, as investors voice frustration over POL’s steep underperformance compared to the broader crypto market. The proposal, authored by activist token investor Venturefounder, calls for major revisions to Poilygon’s (POL) supply model, including the elimination of its 2% annual inflation rate and the introduction of a treasury-funded buyback or burn program to reduce ongoing sell pressure. “These changes are intended to align the supply dynamics of POL with its current technological and…

TOTAL3 Marketcap Hits $1.18T: Has Altseason Begun?

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Key takeaways: TOTAL3 market cap hit a record $1.18 trillion, signaling accelerating momentum within the altcoin cohort of the crypto market. USDT dominance dropped sharply, hinting at capital rotation into risk assets. TradingView ticker, TOTAL3, which tracks the market capitalization of all cryptocurrencies excluding Bitcoin (BTC) and Ether (ETH), reached a new all-time high of $1.18 trillion on Monday. The metric also marked its highest weekly close on Sunday, surpassing its peak market capitalization from 2021.  TOTAL3 market cap. Source: Cointelegraph/TradingView Traders use the TOTAL3 chart as an indicator of…

Bitcoin’s Record Rally as Memecoins Slump: Can DOGE, TRUMP Recover?

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Key takeaways: Bitcoin’s institution-driven rally has sidelined retail-heavy memecoins. Top memecoins, DOGE, PEPE and TRUMP, show short-term rebound potential for Q4. Bitcoin (BTC) extended its 2025 bull market to fresh highs above $125,000 over the weekend, prompting top altcoins like Ether (ETH), Solana (SOL) and BNB (BNB) to rise in tandem. BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, and BNB/USDT year-to-date performance. Source: TradingView Top memecoins, however, have failed to keep pace with the overall crypto boom this year. DOGE, TRUMP and other memecoins slump Bitcoin has gained more than 32% year-to-date, mirroring…

ETH Soars Past $4.6K as Bulls Eye $5,000 as Next Target (Ethereum Price Analysis)

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Ethereum has regained strength over the past week, rebounding and reclaiming the $4,500 zone. Momentum remains constructive, but signs of short-term exhaustion are emerging as the market approaches key resistance. ETH Price Analysis: Technicals By Shayan The Daily Chart On the daily timeframe, ETH continues to trade within a well-defined ascending channel that has guided price action since early spring. The current push toward $4,550 keeps it above both the 100-day and 200-day moving averages, confirming a sustained bullish structure. However, the price is approaching a strong supply area between…

Tether to Propose Board Candidates for Juventus Football Club: Report

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Stablecoin issuer Tether will reportedly pitch its own list of board candidates and “governance changes” for Juventus, a football club based in Italy in which the company has a 10.7% stake. According to a Monday Reuters report, Tether’s suggestions for the football club’s board will come ahead of a Nov. 7 shareholder meeting, and it will also contribute about $129 million as part of a capital increase in Juventus. The stablecoin issuer initially invested in Juventus in February, increasing its stake to more than 10% in April as part of…

Strategy’s Michael Saylor Skips Bitcoin Buy at $125K

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Strategy Inc. co-founder and executive chairman Michael Saylor said Monday that the company had a massive $3.9 billion fair value gain on its Bitcoin holdings during the third quarter of the year. On Saturday, Bitcoin (BTC) reached a new all-time high of $125,000 as exchange balances plunged to six-year lows. Saylor’s Strategy, a company known for adding to its Bitcoin stockpile during new price highs, said that it is skipping its BTC purchase this week.  On X, Saylor said that instead of a new Bitcoin buy, the company is highlighting…

DeFiLlama Delists Aster’s Perpetual Futures Data Following Wash Trading Suspicions

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0xngmi noted integrity demanded action, as Aster’s API inflated overall metrics and couldn’t be corrected with a warning. DeFiLlama has officially delisted perpetual futures volume data from Aster. The decision follows concerns over suspicious trading activity that mirrors that of Binance. DeFiLlama Moves to Delist Aster (ASTER) 0xngmi, DeFiLlama’s pseudonymous co-founder, shared via X that there has been an ongoing investigation into the BNB-based decentralized exchange’s volumes. He compared XRPUSD and ETHUSDT trading on Aster with its competitor Hyperliquid. The results showed that the former’s pairs had an almost 1:1…

Bitcoin, Stocks, Set To Fly Higher Amid US Deficit Growth

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Key takeaways: Paul Tudor Jones expects massive upside from US markets, but notes that widespread retail and institutional participation is required for a market peak. US stock market valuations and economic conditions don’t point to an immediate downturn, supporting the thesis of continued speculative momentum. Billionaire investor Paul Tudor Jones firmly believes that US financial markets are far from a bubble and points to the US government’s growing fiscal crisis as a catalyst for risk-on assets, including Bitcoin (BTC). Tudor’s main thesis relies on loose monetary policies, retail flows and…