Articles for category: Crypto

October 20, 2025

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Solana’s Anatoly Yakovenko Unveils ‘Percolator’, a New Sharded Perpetual DEX on Solana Blockchain

Anatoly Yakovenko, co-founder and CEO of Solana Labs, has revealed plans for a new decentralized exchange (DEX) named Percolator, aimed at advancing perpetual futures trading on the Solana blockchain. Posted on GitHub this Monday, Percolator is designed as a sharded protocol to facilitate perpetual trading — a form of decentralized trading for futures contracts without expiry dates. This allows traders to speculate on cryptocurrency price movements indefinitely while maintaining decentralized control. According to Yakovenko’s proposal, Percolator will comprise two principal on-chain components: the Router program and the Slab program. The Router program will oversee collateral management, portfolio margin calculations, and

October 20, 2025

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How Polymarket and Kalshi Rose to Lead the Evolution of Crypto Prediction Markets

Crypto prediction markets have transformed from niche experiments into mainstream trading platforms, with Polymarket and Kalshi now dominating this dynamic sector. Their rise follows years of technological innovation, regulatory navigation, and shifting product strategies that have shaped the landscape. Recent investments have spotlighted this transition. The Intercontinental Exchange (ICE) has committed up to $2 billion to Polymarket, while Kalshi secured $300 million in funding. Michael Ashley Schulman, partner and chief investment officer at Running Point Capital Advisors, told Reuters that ICE’s interest extends beyond contract clearing; the company aims to monetize the data generated by these markets, using odds as

October 20, 2025

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Chainlink Surges 14% as Whales Acquire $116M in LINK Tokens Amid Strategic Partnerships

Chainlink’s native cryptocurrency, LINK, experienced a significant bullish movement, climbing approximately 13.6% within a 24-hour timeframe this Monday. This impressive rally outpaced the broader crypto market, with the CoinDesk 20 Index (CD20), a benchmark tracking major digital assets, increasing by 4.2% during the same period. On-chain analysis firm Lookonchain highlighted a notable trend of accumulation by large investors, revealing that since October 11, 30 new wallets have collectively withdrawn over 6.25 million LINK tokens from exchanges, valued at around $116.7 million. This activity suggests intensified interest and buying pressure from high-net-worth holders, sometimes referred to as “whales.” Contributing to the

October 20, 2025

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DefiLlama Reinstates Aster Amid Ongoing Data Transparency Issues

Leading decentralized finance (DeFi) analytics platform DefiLlama has quietly restored the decentralized exchange (DEX) Aster to its data listings, weeks after removing it over contested trading metrics. The move came without any official announcement from either party, sparking renewed discussions about data transparency within the DeFi space. Haseeb Qureshi, managing partner at Dragonfly Capital, highlighted the update on X (formerly Twitter), pointing out noticeable gaps in Aster’s historical data. He questioned the legitimacy of the relisted figures and asked DefiLlama’s pseudonymous founder, known as 0xngmi, for clarification. In response, 0xngmi acknowledged that the team has yet to fully verify Aster’s

October 18, 2025

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MrBeast’s Company Files Trademark Suggesting Entry Into Crypto Financial Services

Beast Holdings, the business entity behind Jimmy ‘MrBeast’ Donaldson, the world’s highest-earning YouTube creator, has taken an important step that could signal a new venture into the cryptocurrency sector. The company has submitted a trademark application in the United States for the name “MrBeast Financial.” According to the trademark filing, the application covers a range of services that include cryptocurrency payment processing, operations on crypto exchanges, and trading via decentralized exchanges (DEXs). In addition, the filing outlines plans for downloadable software as well as software-as-a-service (SaaS) platforms designed to support various financial services with a focus on crypto-related features. While

October 18, 2025

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Satoshi’s Bitcoin Holdings Fall by $20 Billion Amid Market Turmoil

Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC) and holder of the largest single Bitcoin stash, has seen the value of their portfolio decline significantly following a recent market downturn. According to data from Arkham Intelligence, Satoshi’s Bitcoin wallets contain over 1 million BTC. At the peak during early October, when Bitcoin hit an all-time high above $126,000, the portfolio was valued at more than $136 billion. Currently, the estimated worth stands at approximately $117.5 billion, marking an unrealized loss exceeding $20 billion from the recent peak. The dramatic shift in value coincided with a sharp market correction that began

October 18, 2025

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BNB Gains Momentum Amid Institutional Interest and Growing Real-World Asset Integration

BNB, the native token of the BNB Chain, has registered a notable price increase over the past 24 hours, outperforming the broader cryptocurrency market as institutional support and real-world asset (RWA) adoption gain traction. The token experienced a rise exceeding 3%, moving from approximately $1,056 to reaching an intraday peak of $1,131 before experiencing a moderate pullback. Currently, BNB is trading near $1,087, showing resilience relative to the CoinDesk 20 (CD20) index, which posted a 2.43% gain over the same period. The late-session dip appears to reflect profit-taking activities near resistance zones, a phenomenon common in volatile markets. Trading volume

October 18, 2025

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Bitcoin Shows Signs of Stabilizing as Gold Prices Retreat From Peak

Bitcoin (BTC) appears to be finding a foothold as gold, its traditional safe-haven counterpart, experiences a notable pullback from record highs. Analysts monitoring the markets suggest that gold’s recent cooling may open the door for a resurgence in Bitcoin’s price. Gold reached an unprecedented high near $4,380 per ounce last week but has since declined by approximately 2.9%. Despite the recent dip, the precious metal remains significantly up, boasting gains exceeding 62% year-to-date. The daily relative strength index (RSI) for gold has hovered above 70 over the past month, signaling overbought conditions and raising the potential for profit-taking. During gold’s

October 18, 2025

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Dogecoin Holds Ground Near $0.18 Amid Tariff-Induced Market Turbulence

Dogecoin (DOGE) stabilized on Friday after experiencing significant price fluctuations linked to new tariff measures impacting global markets. Following a sharp decline to $0.176 in early trading, the cryptocurrency retraced losses and settled within a narrow band between $0.18 and $0.19, demonstrating renewed buying interest at critical support levels. The price movement on Oct. 17–18 revealed a roughly 7% intraday range, driven largely by macroeconomic concerns and intensified by notable whale liquidations. During a key selloff window from 07:00 to 08:00 UTC, DOGE’s trading volume surged above 1.4 billion tokens, coinciding with the largest price drop of the day and

October 18, 2025

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UK Tax Authorities Double Crypto Warning Letters Amid Growing Tax Compliance Push

The UK tax agency, HM Revenue & Customs (HMRC), has significantly increased its efforts to ensure tax compliance among cryptocurrency investors by doubling the number of warning letters issued for suspected underreported or unpaid crypto gains. According to data obtained by the Financial Times through a Freedom of Information request, HMRC sent nearly 65,000 so-called “nudge letters” during the 2024–25 tax year. This figure represents a substantial rise from approximately 27,700 letters distributed in the previous year. These letters serve as informal notices intended to encourage recipients to review and amend their tax returns voluntarily before any formal investigations or