Polymarket, a cryptocurrency prediction market platform, is set to open a free grocery store in New York City. According to NS3.AI, the store will be stocked by Food Bank for NYC and will not require any purchases from visitors. This initiative includes a $1 million donation to Food Bank for NYC, and users are encouraged to donate directly to support the project. The effort is part of Polymarket's mission to give back to the community and increase its visibility, following similar initiatives by competitors. The project is also supported by a partnership with Dow Jones.

The House of Representatives has passed a bill aimed at reopening the government, initiating what is expected to be challenging negotiations concerning the curbing of Immigration and Customs Enforcement (ICE). New York Times posted on X, highlighting the complexities involved in the legislative process as lawmakers navigate the contentious issue of ICE's role and funding. The bill's passage marks a significant step in addressing the government shutdown, but it also sets the stage for intense discussions between lawmakers who are divided on the future of ICE. The agency has been a focal point of debate, with some advocating for its reform or reduction, while others emphasize its importance in national security. As the bill moves to the Senate, both parties are preparing for negotiations that will likely involve compromises on ICE's operational scope and budget. The outcome of these discussions will be crucial in determining the government's ability to function effectively while addressing immigration enforcement concerns. The legislative process is expected to be closely watched, as it not only impacts government operations but also reflects broader political dynamics in the United States. Lawmakers are under pressure to reach an agreement that balances security needs with humanitarian considerations, a task that has proven to be politically sensitive and complex.

A significant transaction involving a Galaxy client selling $9 billion worth of Bitcoin has drawn attention to a trend among early adopters cashing in on their investments. According to NS3.AI, this move reflects a shift in sentiment regarding long-term holding strategies, commonly known as HODLing. CEO Mike Novogratz attributed this behavior to a diminishing confidence in the sustainability of these strategies. The sale has also rekindled debates about the potential risks posed by quantum computing to Bitcoin's security.

Polymarket and Kalshi have initiated free grocery giveaways in New York City, coinciding with ongoing legislative discussions about regulating prediction markets. According to NS3.AI, these initiatives are in line with Mayor Zohran Mamdani's affordability agenda, which proposes city-run grocery stores. However, Mamdani does not possess direct regulatory authority over prediction markets. Meanwhile, New York state legislators are progressing with bills aimed at addressing prediction market practices, creating uncertainty regarding the future operations of these platforms within the state.

Hyperliquid (HYPE) has experienced a significant increase of 76% over the past two weeks, fueled by expectations surrounding the HIP-4 update, which includes fully collateralized outcome contracts. According to NS3.AI, despite the notable rally, social media engagement remains minimal, indicating a lack of overcrowding and potential for a sustained trend amid cautious trader sentiment. Derivatives data reveal strong long positions and minimal short liquidations, with crucial support at $30 and resistance levels at $42 and $47 shaping HYPE's short-term price outlook.

Banco Santander has announced its acquisition of Webster Bank's parent company in a transaction valued at $12.3 billion, involving both cash and stock. Wall Street Journal (Markets) posted on X, highlighting the strategic move by Banco Santander to expand its presence in the U.S. banking sector. This acquisition is expected to enhance Santander's market position and provide new growth opportunities. The deal reflects Santander's ongoing strategy to strengthen its operations and increase its footprint in key markets. Further details on the integration process and future plans are anticipated as the transaction progresses.

Bitcoin has exceeded the 75,000 USDT mark, currently trading at 75,025.50 USDT. According to Foresight News, the cryptocurrency has experienced a daily increase of 4.71%.

null source: https://x.com/BSCNews/status/2018766788734108103

Bitcoin slid to its weakest price since November 2024 after breaking below key support levels, with indicators pointing to intensified selling pressure. source: https://ambcrypto.com/bitcoin-hits-lowest-level-since-november-2024-as-selling-pressure-intensifies/

null source: https://x.com/reutersbiz/status/2018765265509458337

In the crypto market, nearly half of the entire network is losing money. Why has this round of decline scared even smart money? Jinse Finance reports that the current market situation is very clear: a comprehensive risk aversion.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Money holds our future options, so choose your currency carefully and be wary of anyone who can print more money than you earn.

The Ministry of Public Security recently released the "Cybercrime Prevention and Control Law (Draft for Public Comment)," marking an upgrade in the regulation of cryptocurrencies and related Web3 activities from administrative notices to national law, with the focus of regulation shifting to criminal governance.

SpaceX, Elon Musk, SpaceX swallows xAI Musk's trillion-dollar "internal circulation" - Golden Finance, the largest capital arbitrage in human history.

The announcements by Nasdaq and the NYSE of 24/7 trading, and the issuance of tokenized securities by DTCC, along with a series of proactive moves by traditional financial giants, signify a structural transformation in the financial market infrastructure.

Gold, silver, and BTC—gold, silver, and cryptocurrencies all experienced massive volatility on the same day: these aren't two separate stories, but rather the same hand adjusting positions. Golden Finance reports that the market is undergoing a collective "risk management" process.

As early as 2011, Epstein had already taken notice of Bitcoin. That year, Bitcoin's total transaction volume for the entire year did not exceed $100 million, and its price once broke through $30 before falling by 90%.

Singapore Gulf Bank has added stablecoin support to its SGB Net platform, letting institutional clients trade, hold, convert, and mint USDC and USDT alongside traditional currencies. The service, which includes KYC and AML checks and uses Fireblocks for custody, will start in the first quarter of 2026.

On the same day that Binance released its long-awaited recap of the massive liquidation event on October 10th, cryptocurrency investors suffered another devastating flash crash.