U.S. Election Betting: Kalshi’s Polymarket Rival Quickly Gets Traction

In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.Source

Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?

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Crypto Employee’s Use of Laptop Outside of Work Cited in Data Breach Affecting 93K Transak Users

Transak, which is used by platforms like Metamask, Binance and Trust Wallet, says the leak was limited to “names” and “basic identity information.” A ransomware group says it has obtained more sensitive user data as well.Source

Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge

Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate.Source

CoinDesk 20 Performance Update: SOL Surges 7%, Leading Index Gain Since Friday

Hedera joined Solana as a top performer, rising 5.6% over the weekend.Source

First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

It’s Possible You Shouldn’t Tell Journalists About Your Wash Trading Biz

Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people.Source

It Takes a Fake Token to Catch a Volume Faker

Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people.Source

NYSE, Cboe Win SEC Approval for Bitcoin ETF Options

The decision follows Nasdaq recently also getting permission for options on spot bitcoin ETFs.Source

The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook

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