Stocks

Metaplanet's stock rose over 10%, adding to a weekly gain exceeding 25%. The move followed the company's announcement of a new capital allocation policy, a $500 million credit facility, and plans to repurchase 150 million shares by October 29, 2026.

Representative Ro Khanna has introduced legislation that would bar President Donald Trump, his family, and all members of Congress from trading cryptocurrencies or stocks. The move follows concerns over conflicts of interest linked to Trump’s pardon of Binance’s Changpeng Zhao. It also cites the crypto activities of Eric Trump’s World Liberty Financial.

Corporate Bitcoin adoption surged 38% in Q3, but analysis reveals retail investors lost approximately $17 billion by purchasing overvalued shares in Bitcoin treasury companies like MSTR and Metaplanet.

Gold's remarkable 2025 rally has pushed the metal to historic heights, requiring 116 hours of minimum wage work to purchase a single ounce - the highest ratio in over a century according to Bloomberg data.

Zeta Network Group has completed a significant $231 million private placement funded through Bitcoin or SolvBTC tokens, positioning this transaction as a strategic move to enhance its balance sheet while embracing Bitcoin's fundamentals.

Markets reacted negatively after Donald Trump announced plans for 100% tariffs on Chinese goods starting November 1, with S&P 500 dropping 2.7%. Crypto-related stocks including Coinbase, Bullish, and MARA experienced significant declines amid broader market volatility.

Polymarket's market share dropped from 61% to 32% post-US elections, while competitor Kalshi now controls 66% of prediction market volume. ICE's $2B backing elevates Polymarket to $9B valuation.

Cryptocurrency exchange Kraken has completed its largest funding round to date, raising $500 million in September 2025 without appointing a lead investor. The self-led initiative values the company at $15 billion and will support its global expansion strategy and planned public listing in 2026, bolstered by strong Q2 2025 financial performance.

Digital Asset Treasury companies that purchased Bitcoin are experiencing dramatic stock price collapses, potentially creating a negative feedback loop according to CryptoQuant. PIPE-funded Bitcoin holding companies have seen share values plummet up to 97%, forcing some firms to consider liquidating their cryptocurrency reserves.

Cryptocurrency exchange Kraken has successfully raised $500 million in its latest funding round, achieving a $15 billion valuation. The capital raise comes as the company prepares for its initial public offering scheduled for early 2026, with investment participation from Tribe Capital and co-CEO Arjun Sethi among others.