šŸ” Market Summary

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary

Valve’s Counter-Strike 2 update crashes $5.8B economy, revives NFT debate

Valve’s Counter-Strike 2 update crashes $5.8B economy, revives NFT debate

The multibillion-dollar market for cosmetic items in the popular esports first-person shooter game Counter-Strike 2 crashed following an update to its mechanics.According to an Oct. 8 report by Esports News, the Counter-Strike 2 skin market at the time reached a new high of nearly $5.78 billion. A s…

AI gives retail investors a way out of the diversification trap

AI gives retail investors a way out of the diversification trap

Opinion by: Saad Naja, CEO of PiP WorldFor decades, retail investors have been sold a lie: diversify, track the benchmark, play it safe. That lie has only one outcome: permanent mediocrity. Diversification has been Wall Street’s leash on the masses — a clever trick to keep households tethered to ā€œav…

Can Ethereum reclaim $4K? ā€˜Smart trader’ whale raises ETH long to $131M

Can Ethereum reclaim $4K? ā€˜Smart trader’ whale raises ETH long to $131M

Key takeaways:Ether’s price tests $4,000 as a highly successful trader expects further gains in the ETH price.Traders say ETH is poised for an upside move, citing strong technicals and a declining balance on exchanges.Ether held strong in its rebound to $4,000 on Friday as a smart trader increased …

Bitcoin spikes to $112K on soft US CPI data as S&P 500 hits record high

Bitcoin spikes to $112K on soft US CPI data as S&P 500 hits record high

Key points:Bitcoin price action whipsaws around a cooler-than-expected CPI print.Optimism on risk assets increases, with the Federal Reserve seen continuing interest-rate cuts through 2026.BTC finds resistance at $112,000, as key support reclaim levels emerge.Bitcoin saw fresh volatility Friday as …

Thai regulators raid World iris scanning site in latest headache for Sam Altman

Thai regulators raid World iris scanning site in latest headache for Sam Altman

World, OpenAI CEO Sam Altman’s digital identity project, formerly known as Worldcoin, is facing new issues in Thailand, with local authorities raiding an iris scanning location allegedly operated by the platform.Thailand’s Securities and Exchange Commission (SEC) conducted a joint operation with the…

Despite gov’t shutdown, crypto market structure bill ā€˜90% there’ — Coinbase CEO

Despite gov’t shutdown, crypto market structure bill ā€˜90% there’ — Coinbase CEO

Coinbase CEO Brian Armstrong says he’s optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving, suggesting that there’s now far more agreement on both sides of the aisle than there are differences.ā€œEven though the government is shut …

US eyes quantum computing investments amid rising national security stakes

US eyes quantum computing investments amid rising national security stakes

The United States is reportedly in ā€œearly talksā€ with quantum computing companies to provide financial assistance to the sector, citing national security interests. Department of Commerce officials are exploring investing in quantum computer technology using funds earmarked for the CHIPS Act to rema…

Spark marks first major rotation from US Treasurys into regulated DeFi

Spark marks first major rotation from US Treasurys into regulated DeFi

Decentralized finance (DeFi) lending protocol Spark has rotated a portion of its treasury reserves from US government bonds into crypto-native yield strategies, signaling new approaches to onchain yield generation as Treasury returns continue to compress.On Thursday, Spark said it allocated $100 mil…

Pave Bank raises $39M led by Accel, Tether to expand programmable banking

Pave Bank raises $39M led by Accel, Tether to expand programmable banking

Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services.The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Dig…

CZ calls Peter Schiff’s tokenized gold a ā€˜trust me bro’ asset

CZ calls Peter Schiff’s tokenized gold a ā€˜trust me bro’ asset

Binance co-founder and former CEO Changpeng ā€œCZā€ Zhao dismissed crypto critic Peter Schiff’s plan to launch a tokenized gold product, calling it a ā€œtrust me broā€ asset.In a Thursday post on X, CZ said tokenized gold is not onchain gold, but a promise dependent on third-party custody. ā€œIt’s tokenizin…

WazirX bets on zero-fee crypto trading to drive relaunch after long hiatus

WazirX bets on zero-fee crypto trading to drive relaunch after long hiatus

India-based crypto trading platform WazirX will restart its exchange on Friday, following a long hiatus caused by a $234 million hacking incident.Ā WazirX CEO Nischal Shetty said in a Thursday announcement that the company will relaunch trading Friday, offering zero trading fees for at least 30 days …

EU sanctions Russian A7A5 stablecoin and crypto exchanges

EU sanctions Russian A7A5 stablecoin and crypto exchanges

The European Union adopted its 19th sanctions package against Russia, introducing restrictions on cryptocurrency platforms for the first time since the war in Ukraine began.The measures, adopted Thursday, prohibit Russia-based crypto payment providers and the distribution of related payment software…