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Prediction market Polymarket will launch a token and airdrop a portion of it to users after it officially resumes operations in the U.S., the company’s chief marketing officer confirmed Thursday.“There will be a token, there will be an airdrop,” Polymarket CMO Matthew Modabber said on the Degenz Live podcast. But the launch isn’t imminent. Modabber said the company is focused first on making a strong return to the U.S. market. “Right now our core priority is launching in the U.S. and making a big splash there,” he said. “After we take care of business on the U.S. app and U.S.…

Ethereum trades near $4K as analysts watch for a breakout from resistance. A move above $4,100 may trigger a relief rally. Ethereum is trading just below a key resistance level after holding support at $3,800. Market focus is now on whether buyers can push through the overhead pressure or if the price will face another rejection. ETH Holds at $3,800, Approaches Resistance Band ETH has recovered from recent lows and is currently trading around $4,000. The asset found support in the $3,790 to $3,815 area, which has consistently acted as a base in recent sessions. Below this level, another…

LUGANO, Switzerland — Tether, the crypto company behind the world’s largest stablecoin, USDT USDT$1.0002, is planning fresh investments to bring its U.S.-focused U.S. dollar stablecoin to a 100 million American user base, Tether CEO Paolo Ardoino said in an interview on Friday.The USAT token, designed specifically for the U.S. market to comply with federal regulations set by the GENIUS Act’s requirements, is set to launch this December, Ardoino said. It is issued by Tether America, a joint venture between Tether and regulated U.S. crypto bank Anchorage Digital.A key element for Tether to distribute the upcoming token is Rumble (RUM), the…

Ripple has completed its purchase of global prime broker Hidden Road and rebranded the business as Ripple Prime, a bundled trading, financing and clearing desk for institutions, the company announced Friday.Ripple said the newly branded unit’s business has tripled since the initial announcement and that Ripple Prime now serves more than 300 institutional customers with over $3 trillion cleared across markets. The company positions Ripple Prime as an all-in-one service spanning digital assets, foreign exchange, exchange-traded derivatives, over-the-counter swaps, fixed income clearing and repo, plus precious metals, and cites SOC 2 Type II compliance, real-time risk management and cross-margining.What prime…

A new report from the venture firm shows that crypto adoption has surged among consumers, institutions, and stablecoins in 2025. Crypto has “grown up” in 2025, according to a new report from a16z crypto, the crypto-focused venture capital arm of Andreessen Horowitz, which has $46 billion in committed capital.The total crypto market grew to over $4 trillion this year, while the number of mobile wallet users rose 20% from last year. The report estimates there are roughly 40-70 million active crypto users, up about 10 million over the past year. Still, this is only a fraction of the 716 million…

US President Donald Trump is planning to nominate Michael Selig as the next chair of the Commodity Futures Trading Commission (CFTC), after pulling back the nomination of Brian Quintenz.Bloomberg reported the news on Friday, citing an unnamed Trump administration official. No official announcement has been made at the time of this writing. Selig currently serves as the Securities and Exchange Commission’s crypto task force chief counsel and senior adviser to SEC Chair Paul Atkins. He has been characterized as “pro-crypto” by some analysts and influencers in the crypto community, who celebrated the potential nomination.Michael Selig. Source: PLIThe CFTC nomination race…

Today in crypto, Crypto.com has applied for a US trust bank charter license. Meanwhile, the feud between Fetch.ai and the Ocean Protocol Foundation may be nearing resolution, and Polymarket odds of Sam Bankman-Fried receiving a pardon this year have surged.Crypto.com pushes for federal footing with US trust bank charter applicationCrypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide.In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other…

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. Related Reading According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed…

Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies.Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street’s trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings.Following the news, the stocks rallied 8% to 13% on Thursday, and continued to make gains on Friday. At market close on Friday, Bitfarms (BITF) was up 10.68%, Cipher Mining (CIFR) 19.73% and…

Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday.Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland.“Right now, we’re in the testing phase [but] we’re going to start rolling that out alongside Tether here in the coming weeks.”Also onstage was Tether CEO Paolo Ardoino, who expects a full rollout by early to mid-December once small bugs are fixed and the UX is finessed.The Rumble team posted a…