MoviePass Launches Mogul: Fantasy Betting on Hollywood

MoviePass is reinventing itself by launching Mogul, a fantasy platform where users can wager on Hollywood box office performance. The service turns movie fans into active participants using prediction market mechanics without real-money stakes. This move comes as major betting companies like DraftKings show growing interest in prediction markets, positioning MoviePass at the intersection of entertainment and emerging betting technologies.

read more

Evernorth Nears $1B XRP Goal, Boosting Institutional Adoption

Evernorth is rapidly approaching its ambitious $1 billion XRP treasury target, having accumulated 95% of its goal in just days. This massive institutional accumulation signals a potential turning point for XRP’s adoption beyond Bitcoin and Ethereum. The company’s strategic approach and high-profile partnerships are generating significant excitement in the crypto community.

read more

21Shares Files for Hyperliquid HYPE ETF Amid SEC Review

Asset manager 21Shares has filed with the SEC to launch an exchange-traded fund tracking Hyperliquid’s native token HYPE, marking the second HYPE-focused ETF proposal following Bitwise’s September application. The filing comes as regulators review dozens of crypto ETF applications covering various altcoins, reflecting growing institutional demand for crypto exposure following the successful launches of Bitcoin and Ethereum ETFs that have collectively attracted over $178 billion in assets.

read more

Fed Rate Cut Triggers $700M Crypto Liquidation Spree

The Federal Reserve’s widely anticipated 25 basis point interest rate cut triggered a massive crypto market selloff, defying conventional wisdom that such moves typically boost risk assets. Bitcoin plunged from $113,000 to $109,000 immediately following the FOMC announcement, sparking over $700 million in liquidations across the cryptocurrency space as altcoins followed Bitcoin’s lead in a dramatic market correction that left more than 151,000 traders wrecked.

read more

Warren, Sanders Warn Trump Crypto 401(k) Plan Risks Retirement

Progressive senators Elizabeth Warren and Bernie Sanders are leading a coalition warning that Trump administration policies encouraging 401(k) investments in cryptocurrency could endanger Americans’ retirement security. In a letter to financial regulators, they called the moves ‘dangerous’ and raised concerns about potential conflicts of interest. The senators demand answers about risk assessments and potential Trump family profits.

read more

Securitize Goes Public via SPAC, Partners with BNY Mellon

Digital asset securities firm Securitize is pursuing a public listing through a Cantor Fitzgerald SPAC while simultaneously announcing a groundbreaking partnership with BNY Mellon. The collaboration will bring collateralized loan obligations onto the blockchain, marking another significant move of traditional finance onto digital infrastructure. This dual announcement signals growing institutional adoption of blockchain technology for traditional financial instruments.

read more

Bitcoin Drops Despite Fed Rate Cut, QE End

Bitcoin’s price unexpectedly fell to $109,200 despite the Federal Reserve implementing a 0.25% interest rate reduction and concluding its quantitative easing program. This counterintuitive market reaction has left traders questioning why the cryptocurrency is declining amid traditionally bullish monetary policy developments, revealing deeper concerns about macroeconomic stability that are overshadowing accommodative monetary measures.

read more

Bitcoin Derivatives Reset Signals Potential Bull Move

Bitcoin’s derivatives market is undergoing a significant reset as funding rates turn negative and open interest patterns shift dramatically. Multiple crypto analysts suggest this combination of declining funding rates with increasing open interest points to aggressive short positioning rather than long liquidation, creating conditions that historically precede substantial bullish moves. The current market setup mirrors patterns from June and September that previously fueled significant Bitcoin price rallies.

read more