Odaily reports: During a period when Bitcoin's price has been range-bound, trading volume for crypto-related contracts on prediction markets has continued to rise. Last week, the notional trading volume of crypto-related contracts on Kalshi and Polymarket reached $2.7 billion, a record high. Short-duration Bitcoin up-or-down contracts have drawn attention, allowing users to bet on whether Bitcoin or other assets will rise or fall by the end of time windows such as 5 minutes or 15 minutes. A single trade of Kalshi's 15-minute Bitcoin contract can exceed $1 million, with some traders using trading bots to look for opportunities in the final seconds before contract expiry.
Crypto is the second-largest contract category on Kalshi and Polymarket after sports. As of Thursday, trading volume for Kalshi's year-end Bitcoin price contracts exceeded $42 million; a Polymarket contract predicting Bitcoin's 2026 price had trading volume of about $78 million. Crypto trading platforms such as Coinbase, Crypto.com, Gemini, and Kraken are moving into prediction markets, with some already obtaining U.S. authorization for the business and others applying for licenses.
Odaily: According to Dune data, nominal trading volume for crypto-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting an all-time high. Bitcoin short-term up/down contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single trades exceeding $1 million, and some traders using trading bots to capture opportunities in the final seconds before contract expiration.
Cryptocurrency has now become the second-largest trading category on both platforms after sports. Crypto trading platforms including Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or partnering with prediction markets. Meanwhile, declining spot trading volume on centralized exchanges is also pushing crypto platforms to seek business diversification. However, as multiple U.S. states mount legal challenges against sports-related prediction contracts, the regulatory trajectory could also affect the industry's development. (Bloomberg)
Odaily reports that according to on-chain analyst Ai Yi's monitoring, a GPS project-affiliated address (0x0b3...fee43) received 1.5 million TREAD, worth $1.16 million, 9 hours ago. GoPlus is Web3 security infrastructure, and Treadfi is trading execution infrastructure; on-chain analyst Ai Yi stated that no public cooperation or connection between the two projects has been found previously, and the intent of this transaction remains unclear.
Odaily reports that according to Lookonchain monitoring, another Ethereum OG bought 100,000 ETH at $0.31 each during the Ethereum ICO and sold 1,000 ETH 6 hours ago.
Odaily reports, according to OKX market data, BMT has surged past $0.39, briefly rising over 40%, and is currently trading at $0.3758.
Odaily: According to the official announcement, Upbit will list the BMT/KRW pair.
Odaily reports that SlowMist founder Cos posted on X that SlowMist MistEye's network-wide threat intelligence hunting has discovered that more than 1,500 DarkSword phishing sites are currently deployed across the internet, covering e-commerce, fake Binance, fake OKX, fake wallets, gaming, and cryptocurrency exchange services.
1. CZ: 99% of startup ideas are good; the key is whether the team can execute them well;
2. The U.S. SEC has published its review priorities for fiscal year 2027, focusing on tokenization, cybersecurity, and emerging technology risks;
3. Phantom has launched Kalshi prediction market services for U.S. users, saying it is confident about regulatory disputes;
4. Kalshi plans to launch U.S. CPI futures in December, targeting major Wall Street banks and hedge funds;
5. Yi Lihua: Bitcoin has been fluctuating for a long time since pulling back from $86,000, and I believe there will be opportunities to buy the dip;
6. Trader Killa: Bitcoin's key cycle turning point may arrive within a few days;
7. Robinhood bets on the AI track again: invests $10 million in Cognition, after previously investing $75 million in OpenAI;
8. Futu Hong Kong opens BNB deposit and withdrawal services to qualified professional investors;
9. South Korea's Financial Services Commission will study allowing cryptocurrency exchanges to participate in the STO market;
10. Is market selling pressure starting to erode institutional demand? Bitcoin ETF single-day net outflows hit a new high since June;
11. DCG founder and the Winklevoss twins clash again, competing over Zcash mining and ETFs.
Odaily Report: According to on-chain analyst Ember Monitoring, trader @Salem1299534 (0xb8f...04eA) liquidated and sold 20.06 million AI tokens 2 hours ago, exchanging them for 461 ETH, worth $1.09 million, causing AI to briefly drop 15%. The trader ultimately profited $2.14 million on AI, with an investment cost of $980,000 and sold back for $3.12 million.
Odaily Report: U.S. Senator Richard Blumenthal has launched an investigation into stablecoin issuer Tether's payment of approximately $6.3 million to consulting firm Nxum. Nxum was co-founded by former White House cryptocurrency advisor Bo Hines, who holds a one-third equity stake in the company.
On October 22, Blumenthal sent a letter to Tether CEO Paolo Ardoino requesting contracts between the two parties, cryptocurrency payment records, wallet addresses, and communications. Tether is alleged to have paid Nxum $415,000 per month since May 2025 for strategic communications, lobbying, and public relations services.
Blumenthal noted that while serving as Executive Director of the White House Digital Assets Advisory Council, Bo Hines still held equity in Nxum and coordinated affairs with the company through encrypted messaging applications. He also questioned whether Tether routed cryptocurrency payments through marketing firm Notorious before distributing funds to Nxum shareholders.
Tether began contracting directly with Nxum after August 2025 and hired Bo Hines to lead its newly established U.S. operations. Blumenthal has demanded that Tether, Nxum, and related individuals respond by November 6. The allegations have not yet resulted in any legal determination, and Tether has not publicly responded. (Bitcoin.com News)
According to market data, ZHIPU rose 10.3% in 24 hours and is now trading at 63 USDT.
According to monitoring by SlowMist founder Yu Xian, users should promptly update their iPhone and iPad systems and be wary of certain installed apps that have been compromised by DarkSword. DarkSword primarily conducts targeted attacks and steals crypto assets from iPhone crypto users, exploiting iOS vulnerabilities to break out of the sandbox and steal various passwords and other private data stored in the Keychain, as well as local wallet private key files, notes, and other private data.
Odaily reports: According to MSX.COM data, US stocks closed with the Dow down 1.23%, the S&P 500 down 0.52%, the Nasdaq down 0.21%, and the VIX fear index up 2.21%. AI concept stocks rose broadly, with CrowdStrike up 8.25%, Palo Alto Networks up 7.22%, Tempus AI up 5.96%, Ambarella up 5.35%, and AeroVironment up 4.72%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily reports: According to SoSoValue data, yesterday (October 23, US Eastern Time), US ZEC spot ETFs recorded a total single-day net inflow of $20.5196 million, while NEAR spot ETFs recorded a total single-day net inflow of $992,700.
Among ZEC spot ETFs, only Zcash ETF (ZCSH) recorded a net inflow, with a single-day net inflow of $20.5196 million and cumulative historical net inflow reaching $204 million. As of press time, the total net asset value of ZEC spot ETFs stands at $707 million, with a ZEC net asset ratio of 3.38%.
Among NEAR spot ETFs, only Bitwise NEAR ETF (NRR) recorded a net inflow, with a single-day net inflow of $992,700 and cumulative historical net inflow reaching $88.2629 million. As of press time, the total net asset value of NEAR spot ETFs stands at $83.3859 million, with a NEAR net asset ratio of 1.32%.
Odaily Report: Hyperliquid Strategies has expanded its share repurchase program from $30 million to $100 million, with approximately $72 million remaining, and extended the deadline to October 31, 2027. The company's dashboard shows it holds approximately 38.8 million HYPE, valued at about $2.96 billion.
Odaily reports: According to monitoring by on-chain analyst Yu Jin, an institution that invested in both Aave and Worldcoin (0x8A01...94d, 0x792E...2aD, 0xb38B...F99) transferred tokens worth $33.18 million to multiple CEXs one hour ago, including 6,000 ETH, worth $14.4 million; 19 million WLD, worth $9.67 million; and 62,000 AAVE, worth $9.11 million.


