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The National Basketball Association named Kalshi and Polymarket as preferred prediction market exchanges. Monday's announcement said the platforms will receive official NBA data for settling authorized markets. The partnerships prohibit NBA and team personnel from trading NBA event contracts and require cooperation with investigations into suspicious trading. The NBA also signed an information-sharing agreement with the US Commodity Futures Trading Commission to protect basketball-related market integrity. The agreements come during a legal dispute over whether federal commodities regulation overrides state gambling laws for sports prediction markets.

Galaxy Digital shares gained 5.31% to $15.46 on Monday ahead of the company's third-quarter earnings release. Galaxy will report before Tuesday's market open, with analysts forecasting earnings of 11 cents per share and revenue of $11.44 billion. Rosenblatt analyst Chris Brendler retained a Buy rating but cut the price target from $35 to $30 because of market conditions. Galaxy's computing contracts are concentrated with CoreWeave, leaving the company dependent on a single data center customer.

Bitcoin traded around $80,000 on Monday after an earlier decline of about 2%. The Federal Reserve's two-day meeting ends October 28, and recent market odds favor unchanged interest rates. Spot Bitcoin ETFs registered about $635 million in outflows on October 22. A dip below $80,000 last week triggered roughly $800 million in liquidations of long positions. Geopolitical tensions and Anthropic's possible initial public offering are adding uncertainty.

Bitcoin wallet Electrum released version 4.8.3 on October 24 to fix a high-severity flaw that let malicious servers trick users into sending Bitcoin to attackers. The vulnerability affects every earlier version. A user reported losing funds on October 18 after increasing the fee on a transaction manipulated by a server. The patch checks signatures on inputs belonging to the wallet before displaying unconfirmed transactions. However, incoming transactions with only external inputs still lack signature checks.

Galaxy Digital research head Alex Thorn says Bitcoin reached its low in June and could rise back to $125,000 during an accumulation phase. Thorn cited Bitcoin's recovery above its 50-week moving average and reduced futures exposure among leveraged funds and basis traders. Thorn said spot Bitcoin ETFs have added 87,000 BTC since the June low, consistent with directional buying rather than short-term carry trades. Thorn said a weekly close below the 50-week moving average, currently near $76,540, without a recovery within a month would invalidate the bullish thesis.

Evernorth filed to raise up to $80.7 million through an equity facility for corporate purposes, including additional XRP purchases, according to a press release. The facility allows Evernorth to sell as many as 5.22 million new shares over roughly 14 months, but the funding ceiling is not committed capital. Analyst Martinez warned that XRP could fall toward $0.98 if support at $1.26 fails. However, Coinglass data showed nearly 78% of top trader accounts with open XRP positions on Binance were positioned long.

Ripple announced an expansion of Ripple Treasury with AI automation and round-the-clock returns on eligible digital assets, including the Ripple USD (RLUSD) stablecoin. Ripple unveiled the upgrade at Swell 2026 on Monday, enabling businesses to manage cash, liquidity and payments at any time. Businesses can access the return opportunities without handling the underlying digital asset transactions themselves, subject to program requirements. The initiative could increase institutional adoption of the XRP Ledger ecosystem, although Ripple has announced neither direct XRP integration nor additional token-specific demand from the features.

Bitcoin News reported that Foundation Devices said attackers made over 23,000 phishing email attempts against the company's hardware wallet customers. Foundation Devices said attackers used historical customer records that the company believed had been deleted. Investigators confirmed that Mailgun carried 19,057 emails and Google Workspace carried another 1,503; the number of affected customers remains unknown. Foundation Devices said no evidence indicates that the Passport hardware wallet or private keys were compromised.

Bitcoin News reported that ETF analyst Nate Geraci expects Franklin Templeton's FBEQ and FIBT bitcoin dividend reinvestment ETFs to launch soon. An SEC filing gives October 27 as the registration's effective date, but trading does not necessarily begin that day. Each fund aims for approximately 95% exposure to U.S. equities and 5% exposure to bitcoin. The funds automatically direct U.S. equity dividends into bitcoin exposure instead of paying the dividends to investors.

The author argues that crypto security teams must address present-day attacks before prioritizing quantum migration. The crypto industry had lost more than $2.2 billion in 288 documented attacks by late September 2026. Off-chain attacks accounted for 76% of hack losses in the underlying data set. The author argues that inexpensive AI tools are accelerating attacks on people, software and supply chains. The author supports quantum readiness but says organizations should first strengthen current code, identity controls, supplier security and staff defenses against impersonation.

Peter Schiff said on Saturday that Bitcoin's fall below $80,000 made $75,000 the next likely price level. Bitcoin traded above $80,000 on Monday. Bitcoin remained below key exponential moving averages, with technical indicators signaling bearish momentum. Market commentator Bull Theory said five events this week could influence sentiment in cryptocurrency markets and broader markets.

Bitcoin's ratio to the Nasdaq Composite has moved above the 200-day moving average after 235 consecutive trading sessions below that threshold. Bitcoin Magazine market analyst Sean Hagan sees a possible rise to $100,000 by year-end as Bitcoin strengthens relative to technology stocks. Comparable signals since 2015 preceded Bitcoin gains over the next year in five of six cases, with a median return of approximately 84%. However, a ratio close below the 200-day moving average, equivalent to roughly $76,000 to $77,000 for Bitcoin currently, would invalidate the bullish outlook. Elevated oil prices, Treasury yields and limited historical evidence leave risks of a failed breakout and volatility.

India's crypto exchange CoinDCX confirmed an approximately $16 million loss from an attack on wallet infrastructure, days after CEO Sumit Gupta dismissed breach reports. The Mumbai-based exchange said attackers drained 15.99 million USDT and that CoinDCX absorbed the loss without affecting customer funds. CoinDCX traced the incident to an internal process failure involving retired wallets. The latest incident and a roughly $44 million hack last year have brought CoinDCX's combined losses to nearly $60 million.

Bernstein lowered Coinbase's price target from $330 to $250 in a Monday report ahead of third-quarter earnings. Bernstein maintained Outperform ratings on Coinbase, Robinhood and Circle while giving prediction markets, derivatives and tokenization greater importance in revenue forecasts than crypto trading. Bernstein now forecasts a 2026 loss of $2.60 per share for Coinbase, replacing an expected $5.97 profit. Bernstein projects Robinhood's prediction market revenue will reach $1.7 billion in 2028, exceeding projected crypto revenue of $1.6 billion. Bernstein raised Circle's price target from $140 to $145, with Arc token presale revenue expected to support earnings despite lower reserve income.

Pump Fun is offering a $2.5 million trading competition while crypto traders boycott the memecoin platform this week over an unreleased airdrop. Traders also cite numerous rug pulls and a troubled token launch involving crypto trader Kimchi. Trader and influencer Jack Duval said on Sunday that Duval was organizing a movement to reduce Pump Fun's revenue until the company releases an airdrop. Pump Fun teased an airdrop 474 days ago. Critics say the competition gives Pump Fun's key opinion leaders another way to make money.

Chainlink has launched CustodySync, allowing qualified custodians to give institutional clients access to DeFi lending while keeping assets in custody. Anchorage Digital, a federally chartered digital asset bank in the United States, is the launch partner. CustodySync uses restricted-transfer receipt tokens to represent custodied assets as collateral. A designated collateral agent sells the collateral when liquidation is triggered.

Open interest in real-world asset (RWA) perpetual futures reached a record $19.8 billion in October. Open interest doubled from $9.9 billion in August, adding $10 billion over two months. Centralized exchanges hold approximately 71% of RWA perpetual futures open interest, while decentralized exchanges hold 29%. Public equities are the largest asset category, with $9 billion in open interest. However, decentralized exchanges hold 89% of equity index perpetual futures open interest.

Trader Bonk Guy said his portfolio fell 69% from a record of approximately $28.5 million to about $8.9 million. Bonk Guy said he continues to hold every major position, including PONS, USELESS and MARSCOIN. Bonk Guy believes most of the decline has already occurred and sees greater potential for gains than losses at current levels.

The National Basketball Association has become the third sports league to sign a prediction market agreement with the Commodity Futures Trading Commission. The agreement provides for information sharing and communication to protect game integrity amid concerns about insider trading and manipulation. The NBA said Kalshi and Polymarket will serve as the league's preferred prediction market exchanges. The National Football League has not partnered with the CFTC and has sought stricter safeguards. The NFL also argues that states should regulate sports contracts as gambling.