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Cryptocurrency bettors have piled into the New York City mayoral market with $303,797,754 in total volume, and the pricing is close to unanimous.  On Polymarket, Zohran Mamdani trades at a 95% implied probability, with Yes at 95.5¢ and No at 4.6¢. His contract has handled about $75,399,890 in turnover, and his odds have marched toward 100% since the July flip that knocked Andrew Cuomo out of pole position. New York City Mayoral Election. Source: Polymarket Cuomo’s line sits at 4%, with Yes at 4.1¢ and No at 96.1¢, after absorbing roughly $18,356,111 in wagers.  The odds represent a dramatic consolidation of support in recent months. Mamdani’s line has climbed steadily through summer, while rivals have collapsed to near zero. Curtis Sliwa, pro-Bitcoin Eric Adams, and Jim Walden all trade below 1%. The spread across runners tells the same story as the chart: traders have concentrated risk almost entirely in Mamdani, while liquidity on the rest of the field fu...

Coinbase CEO Brian Armstrong said X402, the online payments protocol that enables AI agents to transact over the internet, is ”growing like crazy” as transactions surged more than 10,000% in a month. When Coinbase launched x402 in May, it said that the protocol “fixes the internet’s first mistake” by resurrecting the Internet Communication Protocol’s Hypertext Transfer Protocol 402 to create a seamless payment system native to the internet.  The protocol makes it possible for AI agents and humans to pay directly in stablecoins while using a website or app. Transaction activity on the protocol skyrocketed in October. Data from Dune Analytics shows that between Oct. 14 and Oct. 20, there were 500,000 transactions on the protocol, which is a 10,780% increase compared to levels seen four weeks earlier.  X402 Sets Two New Records Transaction activity continued to soar this week. On Thursday, transaction value on the x402 protocol reached a ...

SHA-256 became a trending topic last night on X after another round of quantum fear, uncertainty, and doubt (FUD) spread across Bitcoin social media. According to a viral post, financial analysts at Standard Chartered published a recommendation to sell bitcoin (BTC) and buy gold on “credible rumors a quantum computer has cracked SHA-256.” Neither of those things actually occurred. No quantum computer cracked SHA-256 this week, and Standard Chartered didn’t recommend selling BTC for gold. The author admitted the source of the supposed news: “ Oh I made it up .” Laughing at gullible users on X, they commented on the post’s popularity, saying, “BTC community is really this stupid.” Emulating the side-by-side logo style of Bitcoin historian Pete Rizzo, the original post gained over 30,000 impressions, quote-tweets in their thousands, and hundreds of likes. Is SHA-256 was cracked, Standard Chartered would be on fire dude https://t.co/zmd1jCCPqx — Bra...

Paxos co-founder Charles Cascarilla has framed the accidental minting of $300 trillion in PayPal’s PYUSD stablecoin as evidence of blockchain transparency. “It underscores the value of the blockchain,” Cascarilla said during a Federal Reserve crypto roundtable. “It actually shows the transparency that you can immediately have into what’s going on. In this case, an operational error that was entirely internal to our systems is now immediately visible to everybody.”  He added that the the entire financial system could have the same level of transparency over time, something he called ”a really positive thing” that ”can create confidence in the financial system in a way that the opacity that exists today has really limited.” Cascarilla’s remarks come as regulators consider whether or not to grant Paxos a Fed Master Account.  PYUSD Market Cap Briefly Surpasses Global GDP  The Paxos blunder saw PYUSD’...

Jim Cramer told investors on Wednesday that crypto is “due for a push today.” Coming from one of Wall Street’s loudest voices, it sounded like a rallying cry. In crypto circles, though, Cramer’s enthusiasm is often read in reverse, a cue to be careful, not bold. Crypo due for a push today. We are in 2000 territory on specs. It is where the cockroaches are. But at the same time Jamie Dimon said the cockroaches are ending he announces a $1.5 trillion fund that unwittingly stoked a huge spec wave.. We MUST focus on this before people really… — Jim Cramer (@jimcramer) October 22, 2025 The call landed in the middle of a fragile week. More than $110 billion has already been erased from the market since Monday, dragging total capitalization to $3.64 trillion.  At the time of publication, Bitcoin trades just above $107,000 after a 3% daily drop, with Ethereum, Solana, and BNB all losing closer to 5%. XRP has slipped below $2.40, fading after ETF hopes ran into re...

Coinbase has paid $375 million to acquire Echo, the investment platform founded by well known crypto OG, trader, and YouTuber, Jordan Fish, a.k.a. Cobie. The exchange’s CEO, Brian Armstrong, has also paid $25 million for an NFT that revives Cobie’s UpOnly podcast with co-host LedgerStatus.  Coinbase says it acquired Echo “to create more accessible, efficient, and transparent capital markets.” It also says that Echo will help projects raise capital directly from their communities via private sales or through a self-hosted public token sale using Sonar. “While we’ll start with crypto token sales via Sonar, we plan to expand support to tokenized securities and real-world assets over time, leveraging Echo’s infrastructure,” Coinbase said.  Cobie said, “Echo will remain a standalone platform under its current brand for now, but we will integrate sonar’s public sale product into Coinbase.” We started building Echo around 2 years ago in an attempt to try...

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2025 is two months shy of ending, with 2026 already bringing a new hope for the cryptocurrency market to bank on. Ripple is now standing at the brink of a change, the one that promises the asset new highs packaged in the form of XRP ETFs. With two months left in the mix, how high can XRP truly go? Can the token surprise the market after all? Also Read: Dogecoin vs Floki: Which $1,000 Meme Bet Pays More In Two Years? XRP Price Prediction: What’s New? Source: Shutterstock Ripple (XRP) continues to forge new collaborations to cement its position in the global financial sector. The firm has recently acquired Gtreasury, a move that signals the ambitious price plan that Ripple has in store for its future. “ BREAKING: Ripple just made its boldest move yet. @bgarlinghouse confirms Ripple’s $1B acquisition of GTreasury, breaking into the $120T corporate treasury payments market. Ripple is placing $XRP and RLUSD at the core of global finance. The future of money is here. ” BREAKING: Ripple...

A closely followed crypto analyst says altcoins may start outperforming Bitcoin (BTC) if three events occur in the coming months. In a new interview with host of the Milk Road Macro podcast John Gillen, crypto trader Benjamin Cowen says a new all-time high for Ethereum (ETH) may signal the start of an altseason. “ We need a $5,000 ETH for Ethereum to get to all-time highs … a lot of these major moves in the markets, the ‘altseason,’ typically happen after Ethereum goes to all-time highs – not before. You could argue that one of the reasons altcoins have lagged so much this cycle is because Ethereum only just hit an all-time high back in August. But normally the August high is a local top that then leads to a local low in September or early October.” Cowen also says that for Ethereum to hit at least $5,000, Bitcoin will first need to print new all-time highs, which is possible if the Bitcoin dominance (BTC.D) surges. BTC.D track...

Ripple reportedly wants to launch a digital asset treasury (DAT) with $1 billion worth of XRP, despite stocks or DATs with substantial XRP holdings historically failing to perform. For example, on May 28, VivoPower International traded at $8.49 per share on its announcement of a $121 million private placement to buy XRP. Today, those same shares have declined 50% to $4.25 apiece and impute a mere $43 million market capitalization. Meanwhile, on May 29, Webus International Limited announced its dreams of becoming a $300 million XRP DAT. Shares hit $4.25 that day but today, have declined 63% to $1.56. And, on July 24, Wellgistics attempted to form an XRP DAT with a $50 million credit deal. However, since hitting a high of $1.79 per share within 24 hours of the announcement, those shares have declined 70% to $0.52. Garlinghouse says Ripple doesn’t control XRP — history suggests otherwise Read more: Years of hype but still no deal: SWIFT sidesteps XRP ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...