Author: John Smith

The NFL has joined New Jersey’s request for a Supreme Court review of sports event contracts. Three federal appeals courts have taken different approaches to state gaming authority. Summary New Jersey asked the Supreme Court to review a Third Circuit ruling that protected Kalshi’s sports contracts from state enforcement. The NFL’s October 8 brief supports review and argues state oversight is needed for consumer protection and game integrity. Kalshi’s response is due November 9; the justices have not agreed to hear the case or decided the merits. Federal appeals courts have split over whether CFTC oversight prevents states from applying…

Cardano founder Charles Hoskinson has challenged Ethereum co-founder Vitalik Buterin over his warning that advances in artificial intelligence could weaken quantum-resistant cryptography, arguing that existing security standards already account for decades of mathematical attacks. Summary Cardano founder Charles Hoskinson rejected Vitalik Buterin’s warning about AI threatening quantum resistant cryptographic systems. Vitalik warned that artificial intelligence could discover mathematical weaknesses in currently trusted lattice based cryptography. Hoskinson defended ML-KEM and ML-DSA, citing decades of mathematical research and established security testing against attacks. Ethereum’s proposed security roadmap favors hash based signatures as developers prepare for possible future attacks. NIST standardized lattice based…

Robinhood Crypto has announced that it is exploring a tokenized ETF product with $1.9 trillion asset manager T. Rowe Price, potentially bringing exposure to actively managed investment funds onto its Robinhood Chain blockchain. Summary Robinhood and T. Rowe Price are exploring tokenized exposure to actively managed exchange traded funds. T. Rowe Price managed approximately $1.9 trillion in assets at the end of August 2026. The proposed Stock Token would operate on Robinhood Chain, an Ethereum layer two blockchain network. Any launch requires legal reviews, issuer board approval, finalized terms, regulatory clearance, and necessary filings. Robinhood Crypto announced the discussions on…

Bitcoin has reclaimed $81,000 after U.S. President Donald Trump ruled out attacks on Iran before the Nov. 3 midterm elections, while oil prices have retreated following his statement. Summary Bitcoin recovered above $81,000 following Trump’s statement, according to TradingView data cited in the report. Trump said discussions with Iran were productive, while maintaining the U.S. blockade. Polymarket traders assigned a 60% chance to the ceasefire lasting through Nov. 15. Iran’s foreign minister said Tehran would respond to Washington’s proposal within the next few days. President Donald Trump said in an Oct. 8 Truth Social post that Washington was holding productive…

Circle stock has slipped 0.80% to $80.19 in Thursday’s intraday trading after U.S. jobless claims came in below expectations, leaving CRCL below the $81 level as cryptocurrency prices weakened. Summary CRCL fell $0.64 during the Oct. 8 session, trading below the report’s $80.84 resistance level. U.S. initial jobless claims totaled 197,000, below the 200,000 forecast and the previous week’s revised figure. Bitcoin traded near $82,700 as CoinGlass data showed more than $400 million in crypto liquidations. Circle’s Tereina partnership will add USDC and EURC payments to existing SAP enterprise workflows. The U.S. Labor Department reported 197,000 initial unemployment benefit applications…

Digital assets have attracted around $50 billion this year as recovering ETF flows and rising futures positions have strengthened investment momentum entering the fourth quarter, according to JPMorgan analysts. Summary $50 billion in inflows puts digital assets on an annualized pace of about $66 billion. ETF flows have turned positive for 2026 following a recovery that began in August. Bitcoin futures positioning on CME has exceeded its previous peak, according to the bank. Bitcoin miners have sold a net $1.8 billion this year, with listed companies driving sales. JPMorgan analysts led by Nikolaos Panigirtzoglou said in a Wednesday report that…

Netflix has released a trailer for The Altruists, its eight-episode drama about Sam Bankman-Fried, Caroline Ellison, and the $8 billion FTX scandal, ahead of a Nov. 19 premiere. Summary All eight episodes of The Altruists will arrive on Netflix on Nov. 19. Anthony Boyle plays Bankman-Fried, while Julia Garner portrays former Alameda Research chief Caroline Ellison. The trailer follows the pair’s relationship and decisions before the collapse of their crypto businesses. Bankman-Fried is serving 25 years in prison and has requested Supreme Court review of his conviction. Netflix announced the trailer on Oct. 8, presenting the series through the relationship…

Curve Finance has said Ethereum’s Glamsterdam upgrade could give complex DeFi transactions more reliable access to blockspace, citing mainnet checks in which a leveraged borrow used about 1.84 million gas against 125,000 for a direct stablecoin swap. Summary Curve’s mainnet checks put leveraged borrowing gas usage at nearly 15 times a direct stablecoin swap. The team expects added capacity to help borrowers, arbitrage traders and liquidators during heavy demand. Ethereum developers have prepared a 200 million gas test, without committing mainnet to that limit. Curve cautions that revised state charges could increase gas requirements for some transactions. Curve Finance, the…

Cardano price has retreated toward $0.23 after rejection at the top of an ascending parallel channel, bringing the lower boundary near $0.21 into focus as daily and 4-hour momentum weaken. Summary Cardano price traded near $0.232 on Oct. 8, roughly 17% below its recent $0.28 peak. The daily ascending parallel channel remains intact, with its lower boundary near $0.21. Daily RSI fell to 46.02, while the MACD histogram turned negative. Ali Martinez identified $0.21 as a possible downside target if the channel rejection holds. TradingView’s Binance ADA/USDT daily chart showed Cardano at $0.2318 on Oct. 8, with a session high…

Solana price has fallen below key support at $116, putting its daily Supertrend near $107 in focus as U.S. SOL ETFs record three consecutive sessions of outflows. Summary Solana price traded near $112 on Oct. 8 after falling below the $116 support level. U.S. Solana ETFs recorded approximately $17.7 million in net outflows across three sessions. Daily Supertrend support stood at $107.22, while the 4-hour money-flow indicator turned negative. Analysts identified $110 and $106 as downside levels if buyers fail to recover lost support. TradingView’s Binance SOL/USDT daily chart showed Solana trading at $112.28 on Oct. 8, down 3.46% from…