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Elon Musk’s Tesla reported an $80 million gain on its Bitcoin holdings in the third quarter of 2025, benefiting from the crypto market’s rebound without making any new trades. According to Tesla’s Q3 filing released on Wednesday, the electric vehicle maker continues to hold 11,509 BTC — valued at roughly $1.31 billion as of September 30, up from $1.23 billion in Q2.  The increase came entirely from Bitcoin’s price appreciation, not from additional purchases or sales. Under new fair-value accounting rules, Tesla now reports digital assets at current market prices, allowing it to record crypto gains or losses each quarter. …

Former Binance CEO Changpeng Zhao (CZ) has dismissed Peter Schiff’s latest plan to tokenize gold on the blockchain, warning that the initiative requires trusting a company to hold and redeem physical gold.  In a recent interview on ThreadGuy Live, popular Bitcoin critic Peter Schiff outlined his vision to launch a gold-backed token. According to him, gold is a more suitable asset to place on the blockchain than Bitcoin, given its proven ability to preserve purchasing power. He asserted that tokenized gold could achieve all the things Bitcoin promises but has failed to achieve. He revealed that his company, Schiff Gold,…

Meteora conducted its MET airdrop today, giving $4.2 million to three TRUMP coin insiders. These wallets quickly deposited the entire airdrop onto OKX. In light of a lawsuit and Trump’s CZ pardon, this may be an attempt at bribery. The community has been angered by perceived criminality, but also remains resigned to the “crime is legal now” ethos. Sponsored SponsoredMeteora’s TRUMP AirdropsEarlier this morning, two important things happened for Meteora: it finally began airdropping its MET tokens, and a class-action lawsuit targeted its founder over alleged fraud regarding MELANIA and LIBRA. However, on-chain analysts noted a third item of note.…

In the latest validation of prediction markets, the NHL announced Tuesday that it has struck licensing agreements with both Kalshi and Polymarket.The NHL becomes the first major US sports league to ink an official partnership in the prediction market space.The deal gives Kalshi and Polymarket access to NHL data, rights to the league’s logos, and official partnership designation.Kalshi is already leveraging the relationship, displaying the NHL logo on its app. Without the proper licensing agreements, the company has resisted using official marks of any league; Polymarket stopped using NFL logos on its platform after feeling blowback for displaying them without…

San Francisco–based Stable Finance has been acquired by Aave Labs, the developer behind the Aave lending ecosystem, as the firm expands into consumer-facing onchain services.Founded in 2023, Stable Finance’s mobile app allows users to deposit funds from bank accounts, cards, or crypto wallets to earn yield on stablecoins through overcollateralized decentralized markets.The deal, announced Thursday, also brings Stable Finance’s founder Mario Baxter Cabrera and his engineering team into Aave Labs. Financial terms of the acquisition were not disclosed. Source: AaveThe deal signals Aave’s effort to balance retail services with its continued push into institutional markets. The protocol recently announced an integration…

PANews reported on October 22 that according to Lookonchain monitoring, a Bitcoin OG whale (1011 short) deposited another 100 BTC (worth US$10.81 million) to Kraken an hour ago. He also cut his BTC short position on Hyperliquid to 1,300 BTC (worth $140.8 million).

DraftKings acquired Railbird, a CFTC-licensed exchange, to build its own prediction market. Polymarket is apparently partnering to operate as the clearinghouse of this new service.So far, this announcement hasn’t caused much friction between traditional gambling and risky Web3 betting. Still, experts are raising concerns about dangerous fallout for the economy and society itself.DraftKings to Launch Prediction MarketPrediction markets like Kalshi and Polymarket have had a lot of recent success moving into the world of sports gambling, and other Web3 firms like Robinhood have been doing the same. It’s only natural, then, that the process would happen in reverse, as DraftKings…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the latest XRP news, Ripple is reportedly partnering with Stellar as both firms look to revolutionize the payments industry. This came as crypto pundit ProfRippl highlighted the link between both firms through the International Rescue Committee (IRC).  Ripple Reportedly Working With Stellar In an X post, ProfRippl revealed that Ripple and Stellar are working together. This came as the crypto pundit highlighted the IRC’s links to both crypto firms, indicating that this was what led to the partnership between Ripple and Stellar. Notably, Ripple and IRC…

Google Quantum AI announced a breakthrough that, for the first time, demonstrates a verifiable quantum algorithm running 13,000 times faster than the world’s top supercomputers. Bitcoin Proponents Ask Google AI X Account: ‘What Algorithm? SHA256?’ After Quantum Claim Google revealed that its Quantum artificial intelligence (AI) team successfully executed a verifiable algorithm on its Willow […]

Bitcoin erases nearly all of Tuesday’s gains as the Trump administration reportedly considers a potential escalation in its trade war with China.After Tuesday’s quick rally following Fed governor Christopher Waller’s upbeat comments on crypto, markets fell sharply on Wednesday, Oct. 22, as reports surfaced that the Trump administration may limit a wide range of tech exports to China in response to Beijing’s rare-earth metals restrictions, sending U.S. stocks lower.Bitcoin (BTC) has fallen back to around $108,000, erasing most of its 5% rally from the previous day that briefly pushed prices near $114,000.BTC 24-hour price chart. Source: CoinGeckoEthereum (ETH) also pulled…