Ripple gets a final go-ahead to launch its own U.S. national trust bank
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank (RNTB), Ripple's CEO Brad Garlinghouse announced on X. Source:CoinDesk
NBA names Kalshi, Polymarket preferred exchanges, signs CFTC deal
The US professional basketball league is expanding into prediction markets with official data agreements and safeguards against insider trading.…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
Kalshi strikes deal with S&P Dow Jones Indices to expand financial event contracts
The agreement adds S&P Dow Jones gauges to a growing list of Wall Street firms expanding their involvement in prediction markets. Source:Cointelegraph
HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein
Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, while maintaining their HOOD price target unchanged at $160. Source:Cointelegraph
The stock market’s biggest test in weeks is here
Here’s what’s I’m watching this morning: A week chockablock with enough catalysts that we might finally get some answers about the direction of the market by…
Calpers pulls back from big tech as AI jitters deepen neocloud sell-off
California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending. Source:CoinDesk
Securitize’s tokenized stock value halves as Circle widens lead
SECZ’s onchain market cap fell to $208.6 million as Circlelinked tokens reached a combined $383.6 million across several issuers in the $3.3 billion tokenized…
Fed, ECB and BOJ interest-rate decisions, Coinbase earnings: Crypto Week Ahead
Your look at what's coming in the week starting Oct. 26. Source:CoinDesk
Bitcoin ETFs break 2-week outflow streak with $301M comeback
US spot Bitcoin ETFs finished the week with $301 million in net inflows after a strong threeday start gave way to heavy withdrawals. Source:Cointelegraph
India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
The Mumbaibased exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.…
Elon Musk issues a warning for 'AI neoclouds' as SpaceX borrows $40 billion for chips
SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers. Source:CoinDesk