Short-term Bitcoin traders appear to be sweating over the next breakout. Amidst recovery attempts, Bitcoin (BTC) has made a modest surge of 4% over the past 24 hours as it trades just around $111,000. Despite last week’s market volatility and the subsequent devastating losses, long-term holders are relaxed and profitable. The same cannot be said for short-term traders who are eyeing Bitcoin’s rebound above $113K to breathe again. Bitcoin’s Profit Divide Widens According to Alphractal founder Joao Wedson, Bitcoin’s current market mood is split between two distinct tribes. The…
Day: October 20, 2025
Limitless Prediction Market Closes $10M Seed Round Ahead of LMTS Token Launch
[PRESS RELEASE – New York, United States, October 20th, 2025] Limitless Exchange, the fastest-growing prediction market platform, has announced the close of a $10M seed round, led by 1confirmation with participation from Collider, F-Prime, DCG, Coinbase Ventures, Node Capital, and Arrington Capital. The raise follows Limitless’ strong momentum, as the platform recently surpassed $500M in total trading volume, cementing its position as the largest prediction market on Base. Flyer One Ventures and SID Venture Partners previously joined Limitless’ strategic round, further strengthening the platform’s investor base. Significant Growth Ahead of Token…
Coinbase buys Cobie’s UpOnly NFT for $25 million, signaling show revival
Key Takeaways Coinbase bought Cobie’s UpOnly NFT for $25 million in USDC, securing rights to compel an eight-episode UpOnlyTV season. Burning the NFT could launch a new season within three months, according to its metadata. Share this article Coinbase has purchased the UpOnly NFT from crypto influencer Cobie for $25 million in USDC, according to blockchain data. The NFT serves as an “admission ticket” that allows the holder to demand an eight-episode season of UpOnlyTV, the once-popular crypto talk show co-hosted by Cobie and Ledger Status. The NFT’s on-chain description…
Ethereum Needs Paradigm, VCs, Despite Value Extraction: Joseph Lubin
Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world’s largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum. The main goal of VCs like Paradigm is to “suck as much value as possible from the Ethereum and broader ecosystem,” while their secondary goals include “progressing the systems towards rigorous decentralization,” wrote Lubin in a Monday X post, adding that there is “no reason for concern.” Lubin’s comments come shortly after the…
X Launches Marketplace for Inactive Usernames
Social media platform X is rolling out a new Handles Marketplace that allows users to bid on inactive usernames, a move that could reshape how digital identity and online branding are valued. Currently in beta, the marketplace lets users join a waitlist for upcoming handle drop events, request handles through their Premium subscriptions and browse eligible inactive accounts. The company described it as a “solution to redistribute handles that are no longer in use,” available only to paying subscribers. According to TechCrunch, rare handles could sell for anywhere from $2,500…
We Asked 3 AIs if Altseason Will Arrive in 2025
Will there be an altcoin season soon in 2025? Here is what three popular AIs “think” about it. Bitcoin (BTC) had its shining moments throughout 2025, but many leading altcoins have struggled to reclaim their previous peaks. In this article, we assess the likelihood of a full-scale altseason before the end of the current year by consulting three of the most popular AI-powered chatbots. The Chances are Good ChatGPT estimated that such a development is quite possible, given that the CoinMarketCap “Altcoin Season Index” is still low.…
VALR Secures Over-The-Counter Derivatives Provider License from South African Regulator
[PRESS RELEASE – Johannesburg, South Africa, October 20th, 2025] VALR, the largest crypto exchange in South Africa by trade volume, has been granted an Over-The-Counter Derivatives Provider (ODP) license as well as an additional Financial Services Provider (FSP) License by South Africa’s Financial Sector Conduct Authority (FSCA). This approval, positions VALR as one of the first entities in South Africa to offer these categories for crypto assets. The ODP license enables VALR to provide a range of over-the-counter derivatives, including Contracts for Difference (CFDs) with underlying assets such as crypto…
Wise Recruiting Digital Asset Lead to Explore Stablecoins
Wise, the global currency exchange and payment platform, is hiring a digital-asset product lead with a focus on stablecoins, a move that could signal the company’s expansion into the cryptocurrency space amid improving global regulation. Wise’s product director, Matthew Salisbury, posted the position on LinkedIn last week. The role will be based in London, where Wise’s global headquarters are located. “If you’ve built wallets and/or payments solution based on stablecoins and you now want to do it at Wise apply through the ad or DM me,” Salisbury wrote. Source: Matthew…
CleanSpark Shares Rise 13% After Bitcoin Miner’s AI Expansion
Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To lead the initiative, the company appointed Jeffrey Thomas as senior vice president of AI data centers, CleanSpark announced on Monday. Thomas previously led Saudi Arabia’s multi-billion AI data center program as former president of AI…
Solana’s Core Economy Faces a Reality Check in Q3 But Stablecoins Surge
The Solana network’s economic activity contracted for the second consecutive quarter. Solana witnessed a notable economic slowdown as its active addresses took a plunge of 30% and operational efficiency collapsed by over 40% in the third quarter of the year. But data suggest that the network’s stablecoin activity came to the rescue. Solana’s Network Health Q3 Economic activity on the Solana network declined for the second consecutive quarter, according to The SOL Report Q3 2025 by The DeFi Report. The study revealed a broad contraction in on-chain fundamentals, with…