KLEA Crypto Daily: Tuesday, October 07, 2025

Published: October 8, 2025 – 00:03 UTC

Here’s a look back at the key stories from October 07, 2025.

ICE Bets $2B on Polymarket: What It Means for US Prediction Markets

Intercontinental Exchange (ICE) made a significant $2 billion investment in Polymarket, marking a major milestone for prediction markets and positioning the sector as a battleground for institutional capital seeking on-chain infrastructure with real-world utility. This move by ICE, the owner of the New York Stock Exchange, signals a push to bring prediction markets into the financial mainstream.

BNY Mellon Weighs Tokenized Deposits to Address Legacy Payment Constraints: Report

BNY Mellon is exploring tokenized deposits to enable clients to make payments via blockchain, potentially revolutionizing the legacy payment system. With BNY processing $2.5 trillion in payments daily and overseeing $55.8 trillion in assets, this move could have significant implications for the financial industry.

Asian Markets Climb as Japan Marks First Female Prime Minister During Wall Street’s Record Rally

Asian equity markets surged as Japan appointed its first female prime minister, Sanae Takaichi, leading to a nearly 5% jump in the Nikkei 225 index. This move, coupled with Wall Street's record rally, reflects optimism driven by pro-stimulus leadership and enthusiasm for artificial intelligence.

BNB Surges Past XRP to Become World’s Third-Largest Cryptocurrency

BNB, the native token of Binance’s BNB Chain, has vaulted into third place among global cryptocurrencies by market capitalization, overtaking Ripple’s XRP after a blistering rally that pushed its price above $1,300. The token climbed nearly 30% in the past week, reaching $1,326 on Tuesday and lifting its market capitalization to around $182 billion.

Dogecoin Treasury Firm CleanCore Boosts Holdings With DOGE Price Up 12%

Publicly traded Dogecoin treasury firm CleanCore added to its stash and now holds more than 710 million DOGE valued above $180 million.

Grayscale Stakes $150M ETH as SEC Altcoin ETF Deadlines Approach

Grayscale has staked $150 million in Ether ahead of key SEC altcoin ETF deadlines, marking a significant move in the crypto market.

Bee Maps Raises $32M to Scale Solana-Powered Decentralized AI Map

Bee Maps secures a $32 million funding round to expand its decentralized mapping network and develop a native artificial intelligence (AI) map, with support from Pantera Capital, LDA Capital, Borderless Capital, and Ajna Capital.

Bitcoin ETFs see record $1.2 billion inflow with BlackRock’s IBIT leading the charge

US-listed spot Bitcoin exchange-traded funds (ETFs) experience a significant surge in investor activity, with a total inflow of $1.2 billion, driven by strong interest in BlackRock’s iShares Bitcoin Trust (IBIT) nearing $100 billion in assets under management.

Bitcoin Hits Record High as ETF Inflows Accelerate Institutional Demand

Bitcoin has surged to a new all-time high, surpassing $125,000 and briefly touching $126,200 on October 6, 2025. This milestone reflects a significant increase in institutional demand driven by spot Bitcoin exchange-traded funds (ETFs) attracting record-breaking inflows.

Hyra Network Brings the Vision of “Sovereign AI” to Token2049 – The World’s Largest Crypto Conference

Hyra Network, a decentralized AI infrastructure for the sovereign digital era, made a strong impression at Token2049 Singapore, the world’s largest cryptocurrency conference. The project's vision of "Sovereign AI" and recent record-breaking milestones have garnered recognition, including the prestigious Asian Technology Excellence Award 2025.

Peter Schiff Describes Bitcoin’s Jump Over $126,000 as ‘Bear Market Rally’

Economist Peter Schiff downplayed Bitcoin’s ongoing rally, suggesting it’s too early to be excited about. Despite Bitcoin hitting a new high above $126,000, Schiff believes it's still considered a bear market rally until it surpasses its record high in gold.

Gold Is Just a Breath Away from $4K: Here’s What It Means for Bitcoin

Gold futures have reached $4,000 per ounce for the first time due to increased demand for safe-haven assets. Analysts anticipate that Bitcoin may follow suit in response to this surge in gold prices.

Source: KLEA News