Kalshi filed a lawsuit in the U.S. District Court for the Southern District of New York to challenge a cease-and-desist order issued by state regulators on October 24, 2025. The company argues that federal oversight by the CFTC preempts state gambling laws from applying to its sports-related event contracts.

Wyoming has issued 100,000 FRNT stablecoins on each of seven blockchains, totaling 700,000 tokens, in a multi-chain test following the token's August mainnet launch. The FRNT stablecoin is fully backed by U.S. dollars and short-duration U.S. Treasuries, with 2% overcollateralization required under state law.

Bitcoin has filled its weekly CME gap between $109,680-$111,310, mirroring the October 2024 pattern that preceded a significant rally. With gold's RSI at 92 and funding rates turning negative, analysts see potential for BTC to reach $130,000 by year-end.

Despite Ethereum adding over 16,000 developers from January-September 2025 and maintaining 31,869 active developers, Solana has dominated industry attention with 83% year-over-year growth while Ethereum core developers face compensation challenges at $140,000 median salary.

Cloudflare CEO Matthew Prince unveiled NET Dollar on Thursday, a USD-backed stablecoin designed for AI agent micropayments. This payment infrastructure will support autonomous systems executing transactions without human oversight, as the stablecoin market expands from $4B in 2020 to over $280B today.

Robust US employment figures released this week sent financial markets into flux, with initial jobless claims falling by 14,000 to 218,000 (two-month low) and Q2 GDP growth revised up to 3.8%. This economic strength propelled the dollar to a three-week high while pushing Bitcoin below $111,000, as October rate cut probability decreased to 85.5% from 92%.