Core Insights - Opinion, a blockchain-based prediction-market platform, raised $20 million in a pre-Series A funding round, indicating that certain segments of the crypto economy can still secure significant investment despite a downturn in broader markets [1] Company Overview - Opinion operates similarly to Polymarket, with markets settled on-chain, distinguishing itself from centralized exchanges like Kalshi [2] - The company accounts for approximately one-third of global prediction-market volume and has over $130 million in open interest, as reported by Dune Analytics [3] Industry Trends - The prediction-market industry is experiencing structural growth, with U.S. bank Citizens noting that these markets are evolving into a new asset class, achieving monthly trading volumes around $10 billion as they expand beyond sports into macroeconomic and policy outcomes [4] - The fundraising success of Opinion suggests that blockchain-native infrastructure addressing real demand, such as event trading, continues to attract investor capital even during a subdued crypto cycle [4] Strategic Focus - Opinion's strategy emphasizes diversification, engaging in trading across various sectors including macroeconomic events, pre-token generation events, culture, and crypto, rather than focusing solely on sports and politics [5] - The funding will be utilized to enhance the company's regional presence and facilitate global expansion in anticipation of the 2026 World Cup and upcoming elections [5]

Core Insights - MARA Holdings, Inc. (MARA) is experiencing growth through vertical integration, strategic expansion, and improved operational efficiency in Bitcoin mining, supported by a strong liquidity position [1] Financial Performance - In Q3 of fiscal 2025, MARA reported revenues of $252 million, marking a 92% year-over-year increase [2] - The company also saw a 98% year-over-year increase in Bitcoin holdings, reaching a total of 52,850 bitcoins by the end of the quarter [4] Operational Strategy - MARA's energized hashrate reached 60.4 EH/s across 18 sites, with approximately 70% of its capacity owned and operated, which aims to lower costs and reduce reliance on third parties [2][3] - The company deployed nearly 5,000 new miners, achieving an energy efficiency of 18.6 J/TH as of September 30, 2025 [2] Asset Management - MARA retains a significant portion of the Bitcoin it mines while selling the remainder to generate revenue, allowing for financial flexibility and exposure to potential long-term Bitcoin price appreciation [4] - During the quarter, the company mined and retained 2,144 bitcoins, further expanding its holdings [4] Investment Considerations - Despite operational gains, MARA is considered a high-risk investment due to its heavy dependence on Bitcoin prices, which can significantly impact earnings and balance-sheet value [5] - The company has never declared, and does not plan to pay, cash dividends, meaning investor returns rely solely on share-price appreciation [6] Industry Comparisons - Riot Platforms (RIOT) is another major Bitcoin miner focusing on scaling energy-efficient operations but has a higher sell-through rate of mined Bitcoin, contrasting with MARA's asset-accumulation strategy [7] - Coinbase Global (COIN), while not a miner, benefits from transaction activity and has diversified revenue streams, highlighting the importance of balancing current revenues with long-term strategic positioning in the crypto economy [8]

Core Insights - The iShares Bitcoin Trust ETF (IBIT) provides direct exposure to Bitcoin with a lower expense ratio and larger assets under management compared to the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on crypto-related equities and has a more diversified portfolio [2][3] Cost & Size Comparison - IBIT has an expense ratio of 0.25% and assets under management (AUM) of $70.1 billion, while BITQ has an expense ratio of 0.85% and AUM of $400.6 million [4] - The one-year return for IBIT is -5.0%, whereas BITQ has a one-year return of 26.3% [4][5] Performance & Risk Comparison - Over a two-year period, IBIT has a maximum drawdown of -32.73%, while BITQ has a maximum drawdown of -51.22% [6] - The growth of a $1,000 investment over two years is $1,921 for IBIT and $2,023 for BITQ [6] Portfolio Composition - BITQ invests in 33 companies across various sectors, with major holdings including Iren (14.68%), Coinbase Global (8.39%), and Microstrategy (6.80%) [7] - IBIT exclusively holds Bitcoin and cash, resulting in direct price tracking of Bitcoin without equity diversification [8] Liquidity and Trading Considerations - IBIT's larger size and liquidity make it more suitable for larger trades or institutional investors compared to BITQ, which has higher expense ratios and deeper drawdowns [9]

⚡️ INSIGHT: Tokenization + smarter regulation aren’t barriers, they’re bridges.OKX is expanding beyond trading using “dual-stack” custody to help traditional institutions integrate with the crypto economy.[Brought to you by @okx] https://t.co/94ysFuJa2n ...

Core Insights - The Crypto Company (TCC) has released its 2025 Shareholder Letter, outlining its strategic vision for 2026 and beyond, focusing on empowering individuals in managing their financial futures [1][2] Group 1: Company Vision and Mission - TCC aims to build technologies that allow individuals to have complete control over their financial transactions, emphasizing the importance of user autonomy in financial dealings [2] - The company positions itself as a bridge between the traditional financial system and the emerging crypto economy, having been established in 2017 with a public listing to facilitate this transition [2] Group 2: Market Opportunity - The global digital asset market has reached approximately $4 trillion in 2025 and is projected to exceed $7 trillion by 2028, indicating significant growth potential in the sector [3] Group 3: Investment Model - TCC's management believes that "liquidity is the new valuable asset class," and the company aims to leverage this by transforming the illiquidity of traditional venture capital into a strategic advantage through publicly traded alignment [4] Group 4: Strategic Pillars - TCC's three-part strategy includes: 1. Increasing revenues and profitability of existing businesses [7] 2. Building and acquiring new businesses [7] 3. Managing treasury digital assets that hold fundamental value and are strategic to its business units [7]

An informal peer-to-peer crypto economy is now central to Venezuela’s economy, and should be considered as President Trump ratchets up tensions with the country, a new TRM report says. https://t.co/bZ2k4Gkgta ...

Core Insights - Webull has expanded its crypto futures offerings through a partnership with Coinbase Derivatives, allowing U.S. users to trade futures contracts for various cryptocurrencies including Dogecoin, Nano XRP, and Solana [1][2][3] Group 1: Company Developments - Webull launched futures and commodities trading in March 2024, enhancing user access to futures markets and enabling better portfolio diversification and risk management [2] - The partnership with Coinbase Derivatives combines Webull's advanced trading tools with Coinbase's crypto futures, broadening the product lineup available to users [2][3] - Webull is among the first retail brokerages to provide access to multiple commodities exchanges, continuing to enhance its futures offerings [4] Group 2: User Benefits - The new futures contracts require less margin to open a position, allowing users to select contracts that align with their investment goals [3] - Webull users benefit from real-time market data provided by Coinbase Derivatives, which is available free of charge on the platform [3] Group 3: Market Position - Webull serves over 24 million registered users globally, providing access to a wide range of investment services across various asset classes, including digital assets [7] - The platform's infrastructure supports trading in 14 markets worldwide, emphasizing its commitment to providing comprehensive investment opportunities [7]

RT Opus (@OpusMoney)Same theory applies to the @Starknet stablecoin ecosystem.$USDC fuels value for TradFi, T-bills, and other centralized assets.But decentralized stables fuel value for $BTC, $ETH, and the broader crypto economy.1️⃣ $CASH (by Opus): A multi-collateral-backed stablecoin powered by ETH, wBTC, and other crypto assets.2️⃣ $USDU (by @uncapfinance): A Liquity fork built for BTC collateral.By holding DeFi-native stables, you’re not just parking liquidity; you’re powering the growth of permissionl ...

RT BSCN (@BSCNews)WHAT ARE WRAPPED TOKENS? Wrapped tokens have become a key component of the crypto economy. Make sure you understand how they actually work... ⬇️ https://t.co/SzbNGzoSgf ...

RT BSCN (@BSCNews)WHAT ARE WRAPPED TOKENS? Wrapped tokens have become a key component of the crypto economy. Make sure you understand how they actually work... ⬇️ https://t.co/SzbNGzoSgf ...