Headlines

Kalshi raises $1b, HIVE secures $129m

Crypto and crypto-linked companies announced at least $1.24 billion across 10 disclosed financings during Oct. 24–30, led by Kalshi’s $1 billion Series G, while Ibis unveiled a separate $250 million institutional lending facility. Summary Ten disclosed financings totaled approximately $1.24 billion, with Ibis announcing separate institutional lending capacity. Kalshi secured $1 billion at a $40…

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Five Wallets Drained in About Four Minutes

Key Takeaways Five Binance wallets lost 233.46 million XRP in about four minutes. Ripple froze $40.5 million in its dollar-backed stablecoin. Binance said XRP balances were fully backed in its Oct. 31 update. Five Payments Consolidated $296 Million Binance lost approximately $296 million in XRP on Oct. 29, TRM Labs’ transaction tracing found. The blockchain…

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Bitcoin to $1.6 Million? Bitwise Raises 2036 Price Target Despite Brutal Market Downturn

Bitwise sees Bitcoin reaching $1.6 million by 2036, even as gold attracts most store-of-value investment and ETF inflows slow. Bitwise has raised its 10-year Bitcoin price target from $1.3 million to $1.6 million by 2036, despite Bitcoin having a difficult year, marred by falling prices, weaker sentiment, and an uncertain macroeconomic environment. In Bitwise’s…

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NFT sales fall 35.37% to $42.13m as Ethereum leads

NFT sales have fallen 35.37% to $42.13 million over the past seven days, while trading activity has picked up and Ethereum has returned to first place among blockchains. Summary Weekly NFT sales totaled $42.13 million, despite more participating wallets and a higher transaction count. Buyer addresses rose 44.10% to 216,012, while transactions climbed 30.54% to…

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