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Category: Stocks

NEAR eyes $5 after Jio perpetuals launch

NEAR eyes $5 after Jio perpetuals launch

Key takeaways NEAR edges higher on Wednesday after rebounding approximately 6% the previous day. NEAR Intents launched confidential perpetual contracts linked to Jio Platforms ahead of its scheduled listing. Bitwise’s NEAR-focused ETF recorded $4.84 million in outflows Tuesday, following $1.40 million in inflows Monday. NEAR extends recovery following Jio perpetuals launch NEAR Protocol moved higher […]

Bybit Wins Dubai VASP License, but Derivatives Must Wait

Bybit Wins Dubai VASP License, but Derivatives Must Wait

TLDR Bybit secured a full Dubai VASP license covering spot cryptocurrency trading services. The exchange plans to expand into derivatives trading but must first obtain separate VARA approval. Bybit reported five additional licenses and regulatory approvals across international markets during 2026. Dubai continues licensing digital asset firms, with Kraken’s parent Payward receiving full regulatory approval. […]

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Bitcoin holds near $83k as easing bearish momentum puts $89,337 in focus

Key takeaways Bitcoin traded around $82,800 on Wednesday, maintaining gains from the previous session. BTC remains above its 50-day and 200-day EMAs, supporting a constructive technical backdrop. Support lies at $80,769, with deeper levels at $77,862 and $76,090. Bitcoin stabilizes after bullish daily close Bitcoin held near $82,800 on Wednesday after a modest recovery the […]

Probly wraps up TOKEN2049 Singapore and WHALE3RA, strengthening its presence in on-chain prediction markets

Probly wraps up TOKEN2049 Singapore and WHALE3RA, strengthening its presence in on-chain prediction markets

At TOKEN2049, Probly spotlighted on-chain markets for real-world events. Probly’s WHALE3RA event drew traders, builders and other Web3 participants. TxFlow settlement supports automatic USDC payouts without manual claims. Probly, an on-chain prediction market for sports, politics, crypto, finance, and global events, has concluded its participation as a Gold Sponsor of TOKEN2049 Singapore and co-host of […]

Circle Targets Emerging Markets With $400M Tazapay Acquisition

Circle Targets Emerging Markets With $400M Tazapay Acquisition

TLDR: Circle plans to enter about 40 emerging markets as demand for digital-dollar payments grows across developing economies worldwide. The proposed $400 million Tazapay stock deal would add local payout connections across more than 100 markets, pending a 2027 closing. First-half revenue and reserve income reached $1.395 billion, while distribution, transaction and other costs totaled […]

Cronos v1.8 Embeds Its Parallel Engine in the SDK and Here Is What That Means

Cronos v1.8 Embeds Its Parallel Engine in the SDK and Here Is What That Means

Cronos’s parallel execution engine was benchmarked at up to 60,000 transactions per second. However, in the same 24-hour period evaluated, the entire chain processed roughly 79,000 transactions total. That gap provides the clearest starting point for examining the Cronos EVM v1.8 mainnet upgrade, targeted for October 22, 2026, alongside its claims of shipping parallel execution. […]

Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

Ethereum dips below $2,400 as hot inflation fuels selling and long liquidations

Key takeaways Ethereum traded below $2,400, down 5.3% over 24 hours, after stronger-than-expected US inflation unsettled crypto markets. Higher Treasury yields, a stronger dollar and rising rate hike expectations added pressure to ETH. Key support sits around $2,353–$2,355, while resistance at $2,498 and $2,548 could challenge recovery attempts. Ethereum retreats as inflation raises rate hike […]

KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria secures conditional entry into SEC Nigeria’s ARIP

KuCoin Nigeria wins conditional SEC approval to enter regulatory incubation. Approval does not allow KuCoin Nigeria to launch services or onboard users. KuCoin says Nigeria move forms part of its wider global compliance strategy. KuCoin Nigeria has received conditional Approval-in-Principle from Nigeria’s Securities and Exchange Commission for admission into the regulator’s Accelerated Regulatory Incubation Programme, […]

UK Targets Crypto Payment Networks as Russia Sanctions Expand

UK Targets Crypto Payment Networks as Russia Sanctions Expand

TLDR The UK sanctioned three cryptocurrency exchanges and two payment platforms over suspected Russian financial links. The October 8 sanctions package includes 38 new designations targeting financial networks, oil companies and suppliers. British authorities linked two targeted businesses to transactions involving the Russia-backed A7 network. The A7 network claimed to have processed more than $90 […]