Author: James Wilson
SharpLink is executing a complex treasury strategy that moves beyond simple staking. Its capital will flow through Consensys’ Layer 2 to EigenLayer, actively securing new services like verifiable AI and generating yield. Summary SharpLink will deploy $200 million in ETH to Linea via ether.fi and EigenCloud to unlock institutional restaking yields. The move supports new services like verifiable AI while maintaining compliance and Anchorage Digital custody. The partnership with Consensys aims to build institutional capital markets tools as SharpLink expands its 859,000+ ETH treasury. According to a press release dated Oct. 28, SharpLink Gaming is set to deploy $200 million…
Chainlink price has bounced back by over 24.70% from its lowest point this month. This rebound could be short-lived despite some positive developments in the network. Summary Chainlink price has formed a bearish pennant pattern on the daily chart. It is also about to form a death cross pattern, a highly bearish pattern. The crash may happen despite the ongoing whale buying. Chainlink (LINK) token rose to $18.72, up by 25% from its lowest point this month. This rebound has brought its market capitalization to over $13 billion. Chainlink to be oracle for Circle’s Ark layer-2 LINK price rose by…
Aster price establishes a double bottom at $1.04, a key high-timeframe support aligned with the value area low and 0.618 Fibonacci, signaling potential for a bullish reversal. Summary Double bottom confirmed at $1.04 high-timeframe support. $1.20 remains the next resistance for bullish continuation. Sustained volume above the POC is key for confirmation. Aster (ASTER) price has established a significant technical structure as price forms a double bottom around the $1.04 high-timeframe support, a region of strong confluence that includes the value area low and the 0.618 Fibonacci retracement. This area has consistently attracted buyers, highlighting notable demand for Aster at current price levels after a prolonged…
DJT stock price remains in a tight range near its all-time low, but this could change soon as it formed a highly bullish chart pattern. Summary DJT stock price has formed a falling wedge pattern. Trump Media’s short interest has jumped to 10%. Its entry into the prediction market may boost the stock. Trump Media was trading at $16.30, down by 62% from its highest point this year. This plunge has brought its market cap to $4.56 billion, down from a record high of over $8.4 billion. DJT stock has plunged because of the ongoing decline of Bitcoin (BTC) treasury…
Institutional staking infrastructure platform Figment, which boasts over $18 billion in assets under stake, has partnered with Coinbase to expand its solution. Summary Coinbase Prime and Figment are teaming up to bolster institutional staking. The companies are eyeing support beyond Ethereum as the industry gears up for a flurry of exchange-traded funds with staking. Figment collaborated with Coinbase Prime to launch Ethereum staking in 2024. Figment’s expansion is via a strategic integration with Coinbase Prime, a full-service prime brokerage service. The platform announced the move to tap into Coinbase Prime’s infrastructure for institutional trading, financing, and custody, on Tuesday, October…
Western Union is tapping the Solana blockchain to serve as the core rails for its USDPT stablecoin network. The move signals a major enterprise validation of the network’s capacity and reliability. Summary Western Union plans to launch USDPT, a stablecoin issued on Solana with Anchorage Digital Bank. The rollout includes a Digital Asset Network to bridge crypto transfers with real world cash access. The initiative aims for a full launch by mid 2026, signaling enterprise confidence in Solana’s throughput and cost efficiency. According to a press release dated Oct. 28, the 173-year-old money transfer behemoth is launching its own stablecoin,…
Blockchain prediction platform Polymarket is set to disrupt the U.S. sports betting market, with stocks already reacting. Summary Polymarket will likely return to the U.S. in November The platform is set to take on the U.S. sports betting market Shares of Flutter and DraftKings fell 3% and 5% after news broke Polymarket is planning its U.S. return, with its eyes on the sports betting market. On Tuesday, October 28, Bloomberg reported that the prediction platform is set to return to the U.S. in November, after it left the market in 2022. The report claims that the company has plans to…
Tether Gold now represents over $2 billion in value, cementing its role as a foundational asset that merges the security of physical bullion with the operational ease of a digital token for a new class of investor. On Oct. 28, stablecoin giant Tether announced that its Tether Gold token (XAUT) has surged past a $2 billion market capitalization. This milestone, reached as the token’s value climbed from $1.44 billion at the end of Q3 to approximately $2.1 billion in a matter of weeks, is backed by over 375,000 fine troy ounces of physical gold held in a Swiss vault. Notably,…
Wall Street was upbeat Tuesday, with Dow Jones Industrial Average rising more than 150 points and S&P 500 and Nasdaq jumping to record highs as Nvidia and a Microsoft-OpenAI deal boosted US stocks. Summary US stocks popped to all-time peaks as investors positioned ahead of October Federal Reserve interest rate decision. S&P 500 hit new peak and Dow jumped 150 points and looked to extend its winninng streak. Wall Street held onto upbeat sentiment amid market boost from Nvidia and Microsoft and OpenAI. With the Federal Reserve interest rate decision expected on Oct. 29, sentiment across risk assets ticked up,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CryptoProcessing unveils revamped website focused on speed, utility, and global crypto business adoption. CryptoProcessing has rolled out a new version of its website. The upgrade reflects the company’s focus on utility, speed, and real-world use by businesses that work with digital assets and have customers in different parts of the world. The updated platform presents services in a clearer structure and reduces friction at every level of user interaction. Keep on reading to discover what has been changed. Why the…