Wednesday, August 27, 2025

Wednesday, August 27, 2025

Polymarket bettors lean towards Bitcoin below $100,000 by 2026, analysts weigh chances
Online gamblers are betting Bitcoin will dip below $100,000 while analysts try to understand how it could happen....

Former Polymarket exec raises $15 million from Coinbase and USV for rival prediction platform
Union Square Ventures led the $15-million seed round in The Clearing Company, which will compete with Polymarket and Kalshi....

The Daily: Google Cloud’s blockchain for payments, Bitcoin’s downside risk amid leverage build-up and ‘huge’ Ethereum rotation, plus more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Hyperliquid to introduce new safeguards following crypto whale-driven XPL pre-market liquidations
Whale activity drove a 2.5x price spike on Hyperliquid's XPL pre-launch market, sweeping liquidity and triggering liquidations....

US CFTC taps Nasdaq surveillance system as expands crypto oversight
The CFTC is adopting Nasdaq's surveillance program as it positions itself to take on a larger role in overseeing digital assets....

Founders Fund-backed Avail acquires Arcana, offering XAR token holders 4:1 swap into AVAIL
Avail, a modular blockchain infrastructure project backed by Peter Thiel's Founders Fund and other notable investors, has acquired Arcana, a chain abstraction protocol....

Aave Labs launches Horizon, offering institutional stablecoin borrowing against tokenized RWAs
Aave Labs' Horizon platform enables stablecoin loans backed by tokenized U.S. Treasurys and institutional funds....

Metaplanet plans to raise $880 million via share offering to fund fresh Bitcoin purchases
Japan’s Metaplanet intends to raise about $880 million in an international share offering and spend almost all of it on bitcoin over the next two months....

Bitcoin at risk of further decline amid leverage peak and ‘huge’ Ethereum rotation: analyst
Bitcoin's notional perp open interest has surged to a two-year high, raising the risk of long-side liquidations, according to K33....

Google Cloud Unveils Universal Ledger Blockchain for Institutional Payments, CME Pilot
Google Cloud has introduced the Google Cloud Universal Ledger (GCUL), a permissioned layer-1 blockchain aimed at speeding up cross-border payments and asset settlement for financial institutions...

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