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The National Hockey League (NHL) has reached licensing agreements with prediction market platforms Kalshi and Polymarket, making it the first major US professional sports league to permit the use of its trademarks by prediction markets, or “licensed betting markets.”As The Wall Street Journal reported on Oct. 22, the multiyear deals grant both platforms rights to use the NHL logo, terms such as “NHL” and “Stanley Cup,” and individual team names.The intellectual property package is the same that the league extends to sportsbook operators such as DraftKings, FanDuel, and BetMGM.The agreements formalize the push of prediction markets into sports betting, an…

On October 24, a prominent analyst with the pseudonym EGRAG CRYPTO outlined a bold prediction for Bitcoin, suggesting that the cryptocurrency could reach a price as high as $300,000. This prediction comes amidst concerns of a potential downturn in Bitcoin’s market performance. In a detailed analysis using historical price models, EGRAG CRYPTO argues that the current market behavior is part of a larger bullish trend, and not the beginning of a prolonged decline, as some fear. EGRAG CRYPTO’s analysis employs a linear regression model on a logarithmic scale, a tool often used to discern long-term trends in financial markets. According…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3686.33, up 2.1% (+75.87) since 4 p.m. ET on Thursday.Nineteen of 20 assets are trading higher.Leaders: BCH (+4.0%) and HBAR (+3.5%).Laggards: APT (-0.8%) and BTC (+1.0%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick.However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum.Due to the lack of investment, Bitcoin is on track for its worst October performance…

Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral.According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain.“While other banks require full custody…

Dogecoin sits on a knife-edge defined by a tight 4h range and a larger weekly triangle—two structures that now bracket the next volatility expansion. Two Dogecoin Price Levels Are Crucial Now (4H Chart) On the intraday chart shared by Daan Crypto Trades (@DaanCrypto), DOGE trades near $0.19585 with a clearly marked “level to break” at $0.21817 and a “level to hold” at $0.17789. Price is orbiting the range’s mid-zone after a post-flush rebound, while the higher low carved last Friday remains the pivotal defense that keeps the structure constructive. Dogecoin price analysis, 4-hour chart | Source: X @DaanCrypto As Daan…

The crypto market was buoyed by a softer than expected CPI print, with bitcoin BTC$111,174.86 rising back above $110,000 as ether ETH$3,930.53 moves back towards $4,000.Positive investor sentiment appears to be strongly aligned with bitcoin, with CoinMarketCap’s “altcoin season” indicator hitting its lowest level in more than 90 days, as bitcoin dominance continues to rise.Derivatives PositioningBy Jacob JosephBitcoin’s 30-day implied volatility, as measured by Volmex’s BVIV index, has eased to 45% from 52% over two days, partially retracing the spike experienced on October 10. This decline signals a soothing of market anxiety alongside a similar reset on Wall Street.Options data…

Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday.“Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump.He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the…

Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday.“Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump.He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the…

Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy.The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels.JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth. The bank estimated that the launch of a Base token could represent a $12 billion to $34 billion market opportunity, with Coinbase’s retained share potentially worth…