The stories attracting the most readers across The Token Press.
AllUnity’s euro-backed stablecoin EURAU, backed by Deutsche Bank and DWS, is going multichain using Chainlink’s CCIP. The MiCA-regulated stablecoin will connect to Ethereum, Polygon, Solana, and other major networks, marking a key step toward building Europe’s interoperable and regulated tokenized finance ecosystem.
The Trump memecoin issuer is in talks to acquire Republic.com’s U.S. arm while planning a $200M buyback fund to revive its token. The move follows Coinbase’s $375M Echo acquisition, underscoring a broader race to dominate the onchain fundraising ecosystem.
Polymarket’s rumored $15 billion valuation underscores the meteoric rise of prediction markets as they blend blockchain innovation with mainstream adoption. With partnerships spanning DraftKings, the NHL, and OpenAI’s World Project, the company is cementing its position at the intersection of crypto, sports, and fintech — and could soon become one of Web3’s biggest success stories.
Hong Kong’s approval of the ChinaAMC Solana ETF marks another milestone in the global expansion of regulated digital asset products — and underscores how far the U.S. still trails. With major players like Bitwise predicting Solana will underpin the next generation of tokenized finance, Asia is cementing its lead in institutional crypto innovation.
Prediction markets are rapidly entering the mainstream, with Polymarket and Kalshi leading the charge. Experts say their simplicity and cultural relevance could make them DeFi’s first mass-adopted product — bridging the gap between Wall Street and everyday users.
Analysts warn that Bitcoin could face a deeper correction without a new market catalyst, though upcoming Fed rate cuts and strong ETF inflows may provide support. While short-term volatility is likely, long-term outlooks remain bullish, with some predicting $150,000–$250,000 BTC in the coming year.
Galaxy Digital raised $460 million from a major asset manager to convert its Texas Bitcoin mining site into a large-scale AI data center. The project, backed by $1.4 billion in loans and a 15-year CoreWeave deal, could generate over $1 billion annually once completed in 2026.
Citi Ventures has invested in London-based BVNK, underscoring Wall Street’s growing embrace of stablecoin infrastructure. The move follows improving U.S. regulation, particularly under the GENIUS Act, and aligns with Citi’s broader push into blockchain payments and digital assets.
BNY Mellon is exploring tokenized deposits to bring part of its $2.5 trillion daily payments flow onto blockchain rails, aiming for faster and more efficient settlements. The move aligns with a broader trend among global banks like JPMorgan and HSBC, which are piloting blockchain-based payment systems to modernize traditional finance.
Crypto hack losses dropped 37% in Q3 to $509M, with code exploit incidents plunging. But September set a record for million-dollar hacks, led by exchange and wallet breaches, highlighting shifting attacker strategies and ongoing risks despite improved defenses.
Predictive Oncology (NASDAQ: POAI) has launched a $344M DePIN treasury centered on Aethir’s ATH token, becoming the first Nasdaq firm to adopt such a strategy. The move sent its stock up 70%, but analysts caution that market saturation in digital asset treasuries could limit long-term valuations.
Polkadot is considering a community-backed proposal to launch pUSD, an algorithmic stablecoin fully backed by DOT tokens. The plan has early majority support but revives debate around the risks of algorithmic designs, especially after Terra’s collapse.
Ethereum is at the center of a new debate as analysts weigh whether Wall Street adoption could fuel the first crypto “supercycle.” While ETH proponents see institutional demand reshaping its market trajectory, skeptics caution that short-term risks and volatility could keep prices grounded.
Bullish posted stronger-than-expected Q2 results, with $57M in revenue, $108M in net income, and a sharp rise in trading volumes. Shares jumped after hours as the exchange secured a BitLicense, while the company prepares for its Q4 options platform launch.
Galaxy Digital’s Alex Thorn says the U.S. may announce a Strategic Bitcoin Reserve before the end of 2025, though some experts argue it could take longer. Advocates warn delays could leave the U.S. behind as countries like Kyrgyzstan and Indonesia push ahead with national Bitcoin strategies.
Spot Bitcoin ETFs recorded $642 million in inflows and Ether ETFs added $405 million in a single day, signaling growing institutional appetite for crypto. With BlackRock exploring tokenized ETFs, the push for broader adoption continues to accelerate.
Spot Bitcoin ETFs posted $1.7 billion in inflows this week, their strongest performance in two months, while Ether ETFs bounced back with $230 million after last week’s sell-off. The crypto market cap also reclaimed $4.1 trillion, drawing comparisons to Nvidia’s $4.3 trillion valuation.
Bitstamp has overtaken Robinhood in monthly crypto volumes for the first time since its $200M acquisition, posting $14.4B in trades against Robinhood’s $13.7B. The milestone highlights Bitstamp’s growing role in institutional markets, even as Robinhood joins the S&P 500 and expands its blockchain and derivatives products.