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By Omkar Godbole (All times ET unless indicated otherwise)After a brief rebound on Wednesday, BTC and the broader crypto market slipped back into the red on Thursday — despite the Fed minutes showing a bias towards more rate cuts. The CoinDesk 20 Index (CD20) also fell over 1% to 4,163 points. What’s behind the fresh stumble? Much of it likely comes down to the steady strength in the dollar index (DXY), which continues to dim the appeal of USD-denominated assets, including crypto.Meanwhile, the U.S. government shutdown drags on, leaving traders in a holding pattern as they anxiously await Fed Chair…

Swiss crypto bank Amina Bank has become the first financial institution to offer staking services for POL, the native token securing the Polygon network. The Zug-based bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), said on Thursday that it will provide institutional clients with up to 15% in staking rewards through a new partnership with the Polygon Foundation.“Our expansion of POL services provides institutional clients with regulated access to the blockchain, enabling our clients to be rewarded for providing stability and security to a blockchain network used by some of the biggest financial institutions,” Amina’s chief product officer…

The decentralized application (DApp) industry ended the third quarter of 2025 with mixed results, as decentralized finance (DeFi) liquidity surged to a record high while user activity fell sharply, according to new data from DappRadar.In a report sent to Cointelegraph, DappRadar said that daily unique active wallets averaged 18.7 million in Q3, down 22.4% compared to the second quarter. Meanwhile, DeFi protocols collectively locked in $237 billion, the highest total value locked (TVL) ever recorded in the space. The report highlights an ongoing divergence between institutional capital flowing into blockchain-based financial platforms and the engagement of retail users with DApps. While…

QumulusAI, a company building GPU-powered cloud infrastructure for artificial intelligence, has locked in a $500 million credit facility to fund its growing fleet of graphics processing units (GPUs).The financing was arranged by Permian Labs and will be distributed via USD.AI, a blockchain-based credit protocol that connects crypto liquidity to real-world infrastructure, according to an announcement shared with CoinDesk.The non-recourse facility will allow QumulusAI to borrow stablecoins against up to 70% of its approved GPU deployments, giving the company faster access to capital than traditional credit routes like bank loans or venture debt, the company said.GPUs are the backbone of artificial…

The Hyperliquid referral code is a unique code that makes traders eligible for a 4% discount on their trading fees. The best Hyperliquid referral code is NFTE. Using this invitation code, you can unlock lifetime fee discounts and also become a referrer, earning a 10% commission from referred users when you meet the trading volume criteria.In this article, we discuss the Hyperliquid affiliate program, the current referral code to use, its benefits, and how to use the Hyperliquid promo code to unlock rewards.What is Hyperliquid Referral Code?Crypto exchangesHyperliquidReferral CodeNFTETrading Fee Discount4% lifetime discountAffiliate Reward10% commission feesThe Hyperliquid referral code is…

Victoria, Seychelles, October 9, 2025 – MEXC, a leading global cryptocurrency exchange, has successfully concluded its “Race to Zero” event, attracting 134,349 registered users and unlocking a 1 BTC prize pool (valued at 122,194.64 USDT), reflecting strong community interest in the platform’s innovative events. The event featured a unique “Race to Zero” gameplay where participants competed to stop a countdown timer as close to zero as possible to earn points and climb the leaderboard. Over a thousand participants hit exactly 0:00 and earned the title of “Zero Hunters”. The top-ranked participant receives 0.5 BTC, with ranks 2 to 100 sharing…

Founder Shayne Coplan hinted at the possibility in a recent post on X, sparking excitement among users and investors alike. Speculation grew further after Polymarket’s parent company, Blockratize, disclosed “other warrants” in its latest funding round in September 2025. Since its 2020 debut, Polymarket has recorded nearly 19 billion dollars in cumulative trading volume, demonstrating the platform’s strong traction and influence in the growing prediction market sector. POLY Token Speculation and Potential Use Cases Prediction markets enable users to trade on the outcome of various events, including elections and economic indicators. Introducing a native token like POLY could create new…

The venture arm of the U.S. multinational bank Citigroup (C) made a strategic investment in stablecoin payments platform BVNK, the companies announced on Thursday.Citi Ventures joins Visa (V) in backing BVNK, after the payments giant made its own strategic investment in the company in May this year. The companies have not disclosed the size of the investment. The growth of the stablecoin sector as been one of the standout trends in the digital asset industry over the last year, helped in part by the introduction of formal regulatory regimes in major jurisdictions such as the U.S. and Hong Kong.This has…

Cryptocurrency investment products have reached a major milestone, with year-to-date (YTD) inflows surpassing the total gains recorded in 2024.Global crypto exchange-traded products (ETPs) have attracted $48.67 billion so far this year, exceeding the full-year total for 2024, according to CoinShares head of research James Butterfill, who reported the figures in an X post on Thursday.In 2024, crypto ETPs recorded $44.2 billion in inflows, driven by a massive surge following the historic launch of spot crypto exchange-traded funds (ETFs) in the United States.The new milestone builds on record-breaking weekly inflows of $5.95 billion posted last week, with Bitcoin (BTC) leading the…

Prediction markets such as Kalshi and Polymarket are fast becoming the frontier where finance tests the limits of probability. Long branded as “legalized gambling,” they now draw institutional and retail capital as regulators rush to define their perimeter.Their ascent raises questions of legality and sustainability. These markets could mature into regulated risk-pricing tools — or remain trapped between speculation and finance.Sponsored SponsoredICE Bets on PolymarketLatest UpdateIntercontinental Exchange (ICE), parent of the NYSE, is exploring a deal valuing Polymarket at $10 billion. Though unconfirmed, the talks would mark one of the first major crossovers between Wall Street and blockchain prediction markets.Kalshi,…