Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to data, Polymarket has only brought in about $27,000 of transaction fees for Polygon PoS in 2024.

First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

CoinDesk 20 Performance Update: APT Falls 2.7%, Leading Index Lower NEAR Protocol also joined Aptos as an underperformer, falling 2.2% from Thursday.

Newly-Qualified Crypto Custodian Balance Aims to Bring ETF Assets Held in the U.S. Back to Canada Earlier this week, Canadian crypto custody specialist Balance announced it had become a qualified custodian in the country.

The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market The low pricing seems consistent with stable and rangebound implied volatility.

Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase Improbable, the British metaverse technology company creating Yuga Labs’ Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks.

Pennsylvania House of Representatives Passes Crypto Bill to Bring Regulatory Clarity: Report The bill aims to provide regulatory clarity for digital assets, including self-custody rights, bitcoin payments, and transaction taxation.

Polymarket Trader Betting on Donald Trump Win Ends Up Getting 99% Odds Low liquidity led to massive slippage for one entity trying to buy up Trump “yes” shares in a short period.

Bitcoin Liquidity Could Flow to Cardano Ecosystem With New BTC Bridge EMURGO, a founding entity of Cardano, will be among ecosystem buildings developing tools and services to attract the BTC capital

Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10, a filing shows.

Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

Bitcoin ETFs Will Soon Hold 1M Tokens, Nearly as Much as Satoshi The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading.

Circle’s Allaire: Stablecoins Could Expand by Trillions in 10 Years, Will Be Integral Part of Global Financial System While USDC has been popular in developed markets, it has seen significant growth in emerging regions among fintechs and brokers servicing businesses and households, Jeremy Allaire told CoinDesk in an interview.

Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales Better Markets is using Polymarket’s “French connection” as ammo against the prediction market’s regulated competitor.

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi “If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk.

Chainlink Expands to Bitcoin, Helping Original Blockchain With Its Layer-2 Shift Chainlink’s service is an integral part of many major blockchains but has not featured on Bitcoin until now.

Binance’s Tigran Gambaryan Has Left Nigeria Following 8-Month Detention After spending eight months detained in the country, the Binance enployee was allowed to leave Kuje prison last night.

Crypto for Advisors: Bitcoin on The Balance Sheet Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing bitcoin, motivated by economic, geopolitical, and regulatory factors.

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.