Author: CryptoHoppers

Key Takeaways Polymarket, a blockchain-based prediction market, is planning a US return focused on sports betting. The firm cleared past probes and secured CFTC-licensed infrastructure through its QCX acquisition. Share this article Polymarket, the blockchain-based prediction market platform, is preparing to reenter the US with a focus on sports betting, Bloomberg reported. Initial trading could start by late November, with limited access during the rollout. The relaunch marks a major comeback for the firm, which paid a $1.4 million CFTC fine in 2022 and moved offshore. Polymarket has since acquired QCX, a company holding CFTC exchange and clearinghouse licenses, after…

TLDR Coinbase has asked the U.S. Treasury to modernize anti-money-laundering rules for digital assets. The company argues that innovation is more effective than stricter enforcement in stopping financial crimes. Coinbase recommends regulatory safe harbors for firms using AI and advanced monitoring tools. The exchange supports the use of decentralized IDs and zero-knowledge proofs for secure customer verification. Coinbase urges the creation of regulatory sandboxes to test new compliance models with government collaboration. Coinbase has urged the U.S. Treasury to revise outdated anti-money-laundering rules. The company submitted a 30-page response recommending technology-driven methods. It believes innovation, not stricter enforcement, is key…

TLDR: SharpLink will allocate $200M in ETH to Linea via EtherFi and EigenCloud to enhance its DeFi-based yield strategy. The ETH deployment uses Anchorage Digital’s custody services for compliance and institutional-grade security. Linea’s zkEVM network offers scalable, Ethereum-aligned infrastructure for SharpLink’s multi-year ETH commitment. The move marks SharpLink’s expansion of its Ethereum treasury into staking, restaking, and institutional DeFi yield. SharpLink is putting serious weight behind Ethereum. The Nasdaq-listed firm plans to deploy $200 million worth of ETH on Linea, a Layer 2 network built by Consensys.  The move ties SharpLink’s corporate treasury to a growing institutional DeFi ecosystem that…

Ethereum’s bullish momentum has intensified throughout the weekend, with the price climbing above $4,100. This steady recovery follows a strong rebound from the $3,500 region after a crash earlier in the month.  Investor sentiment, as shown by trading volume and flows on exchanges, has turned optimistic amidst the recovery. Now that Ethereum’s price action is starting to turn bullish again, a new technical analysis shared by crypto analyst Freedomby40 on the social media platform X suggests that the current rally could be far from over, projecting a possible long-term climb to $16,000. Wave Count Structure Points To A Continuation Phase…

Michael Saylor’s Strategy continues to buy Bitcoin, despite the asset trading near historic highs. Summary Michael Saylor bought an additional 390 Bitcoins for $43 million, for $111,111 each This was the third Bitcoin purchase the company has made in October Strategy remains the largest corporate Bitcoin owner, with 640,808 BTC While markets debate whether bitcoin is overheated, Michael Saylor is still buying, showing his continued confidence in BTC’s long-term trajectory. On Monday, September 27, Strategy reported purchasing an additional 390 Bitcoin for $43 million, for $111,117 each. Strategy’s latest Bitcoin acquisitions and key metrics | Source: Strategy In the latest…

Key Takeaways Spot ETF filings for XRP, SOL, and LTC may be approved once the US government shutdown is resolved. The SEC has acknowledged spot ETF filings for XRP from firms like Bitwise, 21Shares, and CoinShares, suggesting imminent decisions. Share this article Spot exchange-traded funds tied to XRP, Solana (SOL), and Litecoin (LTC) may launch within the next two weeks, ETF Store President Nate Geraci speculated.According to Geraci’s recent post, the only remaining obstacle to launching spot crypto ETFs is the US government shutdown, which, once resolved, could clear the way for swift approval.The SEC has acknowledged recent spot ETF…

TLDR: The Fed’s “skinny master account” could let crypto and fintech firms bypass traditional banks for payment access. Governor Chris Waller said distributed ledgers and crypto are now part of the financial system’s foundation. Firms like Custodia, Kraken, and Ripple could finally gain direct access to the Fed’s payment systems. The new account proposal aims to modernize payment infrastructure without changing existing eligibility laws. The Federal Reserve is considering a major policy change that could reshape how digital asset firms interact with the U.S. financial system.  During the Fed’s Payments Innovation Conference, Governor Christopher Waller introduced a proposal for a…

The biggest wins in crypto rarely start loud; they begin quietly, with those who notice early. That’s the current window opening for $HUGS, a new presale tied to the global Milk Mocha brand, whose endearing characters have captured the hearts of over 25 million followers worldwide. More than a meme project, $HUGS is being built as a connected digital universe focused on emotion, engagement, and sustained participation.This new launch aims to bridge fun and function. With features like staking, NFTs, mini-games, and charitable integrations, $HUGS goes far beyond the average memecoin. The whitelist is already open, and registration requires only…

TLDR: Arch Network introduces a platform to make Bitcoin productive by enabling real yield and base-layer activity. The project targets institutional adoption with Bitcoin-backed settlement for real-world asset tokenization. Institutions may shift toward Bitcoin as the preferred settlement layer due to its neutrality and liquidity. Arch completes 18 months of development, bringing DeFi and tokenization directly to Bitcoin’s base layer. The tokenization wave is here, and this time Bitcoin might lead it. Institutions are preparing to move real-world assets like stocks and real estate onchain. Yet most of that activity still lives on Ethereum and Solana. Now, a project called…

Key Takeaways China and the US reached crucial agreements on trade during Kuala Lumpur talks. Communication channels between both countries have improved for discussing export controls and tariff issues. Share this article Bitcoin climbed to $113,829 on Friday morning after the US and China agreed to a framework agreement in Kuala Lumpur, resolving several key trade issues, following talks led by China’s Vice Minister of Commerce Li Chenggang.According to US Treasury Secretary Scott Bessent, the agreement will prevent the US from imposing 100% tariffs on Chinese goods and delay new export controls on China’s rare earth minerals.The breakthrough came after…