Polymarket’s onchain prediction data and fan-sentiment feeds will be integrated across UFC events, creating a new interactive layer for viewers. Polymarket has signed a multi-year deal with TKO Group Holdings to become the official prediction market partner for the Ultimate Fighting Championship (UFC) and Zuffa Boxing, bringing real-time forecasting into live fight broadcasts. A UFC blog post on Thursday said Polymarket will add a data-driven storytelling layer that tracks fan sentiment in real-time, including a “Fan Prediction Scoreboard” that converts crowd expectations into a live readout of the audience’s shifting pulse during each event. Polymarket is a blockchain-based prediction platform where people trade on the outcome of real-world events. The company's founder and CEO, Shayne Coplan, said the partnership will give fans a “new way to be part of the action — not just watching outcomes but watching the world’s expectations evolve with every round.” Read more
Bitcoin is turning into a savings-focused asset while Ethereum is becoming a high-velocity utility engine, a split that some analysts say is an emerging structural risk. Bitcoin (BTC) and Ether (ETH) continue to diverge, and they currently operate in different monetary universes, according to a new joint report from Glassnode and Keyrock. The study noted that Bitcoin is drifting deeper into a savings-driven, low-velocity profile, while Ether is rapidly evolving into a productive onchain asset powering staking, collateral, and institutional wrappers. Key takeaways: Bitcoin’s dormancy and turnover now resemble gold far more than fiat. Read more
The British pound needs digital rails to remain competitive with the dollar and euro as the world shifts to onchain and internet-native finance. The United Kingdom needs to regulate and encourage the development of British pound stablecoins to keep the country’s financial services sector globally competitive, according to Mark Fairless, the group CEO of bank infrastructure and fintech company ClearBank. “Stablecoins are a logical extension to reduce friction in international global payments,” Fairless told Cointelegraph in an interview at Web Summit 2025 in Lisbon, Portugal. He said that pound stablecoins will never equal the market capitalization of dollar or euro-denominated tokens because it isn’t a global reserve currency. Read more
Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys. Global bank giant BNY Mellon has launched a money market fund designed to hold reserves for US stablecoin issuers. According to a Thursday announcement, the fund is open to US stablecoin issuers and other qualified institutional investors operating in fiduciary, agency, advisory, brokerage or custodial roles. The fund is designed to hold the cash reserves mandated by the GENIUS Act, the July 2025 law establishing the first federal framework for US stablecoins and defining the standards for their backing assets. It will not invest directly in stablecoins. Read more
Bitcoin data forecast the drop to $98,000 as key supports failed to generate hefty buying from bulls, and futures traders saw their long positions liquidated. Bitcoin’s (BTC) price has struggled to regain momentum following Wednesday’s drop to $100,700, leaving BTC down roughly 3.5% on the weekly candle. Market data shows long-term holders have sold more than 815,000 BTC over the past 30 days, intensifying the focus on lower liquidity pockets. Analysts now point to the June 2025 lows near $98,000 as the next likely target if volatility accelerates. Key takeaways: Liquidity clusters show downside pressure building near $98,000 for Bitcoin. Read more
21Shares’ new crypto index ETFs utilize the stricter 1940 Act framework, marking a shift toward traditional fund oversight for diversified digital asset exposure. Asset manager 21Shares has launched two cryptocurrency index exchange-traded funds (ETFs) regulated under the Investment Company Act of 1940, a structure that could boost investor confidence by subjecting the products to the same disclosure and governance rules that apply to traditional US investment funds. The new products — the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) — were announced on Thursday. Both offer broad exposure to digital assets by tracking FTSE Russell cryptocurrency indexes and holding a basket of the top crypto assets by market capitalization, rather than investing in a single token. Federico Brokate, 21Shares’ global head of business development, said that index funds have enabled investors to gain diversified exposure to traditional assets, particularly stocks. “The same prin...