Cryptocurrency News & Live Updates
Synopsis
Kalshi has integrated Elon Musk’s Grok AI into its prediction market platform, marking a significant shift towards AI-driven trading strategies in the industry.
Kalshi’s recent integration of Elon Musk’s Grok AI into its prediction market platform highlights a pivotal moment in speculative trading, emphasizing the role of generative AI in enhancing user experience. This move follows a substantial $185 million Series C funding round, positioning Kalshi against competitors like Polymarket, which is focusing on broader distribution through partnerships. Meanwhile, the cryptocurrency market is witnessing a resurgence, with Bitcoin reaching new heights and corporate treasuries increasingly adopting altcoins like Ethereum and Solana. Notably, 277 firms now hold Bitcoin, with significant investments in altcoins being reported. Solana’s DeFi metrics remain robust, suggesting potential for future growth despite recent price corrections. Additionally, DeFi Development Corp’s partnership with Mayan enables cross-chain purchases of its tokenized stock, further expanding access to digital assets. As institutional interest in cryptocurrencies deepens, particularly in Bitcoin as a reserve asset, the landscape is evolving rapidly, with firms like Strategy raising substantial capital to bolster their crypto holdings.
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Kalshi Integrates Grok as AI Revolutionizes Betting Markets
Kalshi has integrated Elon Musk’s Grok AI into its prediction market platform, marking a significant shift towards AI-driven trading strategies in the industry.
Wall Street’s Top Crypto Picks Fuel Bull Run
The 2025 bull run sees Bitcoin hitting new highs, with corporations adding altcoins to their treasuries, led by firms like BitMine and Coinbase, as the treasury strategy gains traction.
Can Solana Surpass BNB Again?
Solana’s recent surge briefly placed it ahead of BNB in market cap, but a price correction has pushed it back. Despite this, strong DeFi metrics indicate that the competition is still alive.
DeFi Dev Launches Cross-Chain Tokenized Stock Purchases
DeFi Development Corp. has teamed up with Mayan to facilitate cross-chain purchases of its tokenized stock, DFDVx, across major blockchain networks, enhancing accessibility for users.
Strategy Boosts Preferred Stock Offering to $2B
Strategy has raised $2 billion through a preferred stock offering, significantly increasing its Bitcoin holdings amid strong institutional interest.
Bitcoin ETF Design Transitions to In-Kind Model
The push for an in-kind design aims to resolve operational issues that have hindered Bitcoin ETFs from mimicking traditional funds, moving away from a cash-based model.
Celestia Completes $62.5M TIA Buyback from Polychain
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WOO X Suspends Withdrawals After $14M Hack
WOO X has halted withdrawals following a $14 million exploit that affected nine user accounts, though the platform claims the incident was contained and user funds remain secure.
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Ethereum’s Fusaka Hard Fork Set for November
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Tether Readies USDT Minting on Ethereum
Whale Alert reports Tether has minted 1 billion USDT on Ethereum, with CEO Paolo Ardoino stating the transaction is authorized but not yet issued, intended for future issuance requests and on-chain exchanges.
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