Happy Tuesday!

BNB has overtaken USDT and XRP to become the third-biggest cryptocurrency: just how did that happen so suddenly?

Intercontinental Exchange is surging on the news that the NYSE parent company will reportedly invest up to $2 billion in Polymarket.

Plus, tomorrow at 6 p.m. ET, Benzinga’s Chief Market Strategist Matt Maley will reveal how he’s adapting to the current environment and where he sees the most actionable opportunities for traders right now.

TOP STORY

BNB Flips XRP, USDT To Become Top 3 Coin Behind Bitcoin, Ethereum

BNB surged nearly 7% on Tuesday to trade above $1,300, overtaking XRP and USDT in global rankings to become the third-largest cryptocurrency by market capitalization.

BNB’s valuation climbed to roughly $178 billion, with the shift marking a decisive rotation in market leadership as investors allocate capital toward networks generating consistent revenue and measurable user activity.

The breakout also represents one of BNB’s strongest daily performances of the quarter, supported by a mix of on-chain growth and institutional positioning.

Analysts note that this milestone reinforces BNB’s status as a utility-driven asset supported by real blockchain engagement.

What’s next for BNB?

Read the full scoop here.

SPECIAL OFFER

Matt Maley’s Strategy For Data-Driven Volatility

With Washington gridlock holding back economic data, markets are shifting their focus to earnings, corporate guidance and sentiment. Those signals are moving stocks faster than usual, and the swings are creating both risk and opportunity.

On Wednesday, October 8, at 6 p.m. ET, Matt Maley will go live to show you exactly how he’s positioning, from locking in quick gains to leaving room for bigger swings when volatility takes hold.

Watch The Strategy Live

QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are struggling after a strong first week of October: here’s what’s driving the market today.

Dogecoin is up 14% in one week — is this finally the time DOGE breaks higher?

Bitcoin could go as high as $150,000 this quarter if the usual bullish Q4 seasonality holds up — and here’s what you need to pay attention to.

SPECIAL EVENT

One Day. One Room. Infinite Possibilities.

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Secure your pass now and be where the future of finance is decided — sign up today.

FINTECH FOCUS

NYSE Parent ICE Stock Surges After Reported $2 Billion Polymarket Investment

Intercontinental Exchange Inc. rose 4% in premarket trading on Tuesday after reports that it will invest up to $2 billion in Polymarket, valuing the prediction market platform near $8 billion.

ICE climbed to $165.01 in the morning as investors responded positively to reports of a $2 billion Polymarket stake. 

The move signals diversification into digital prediction markets — an emerging high-growth niche connecting finance and blockchain technology.

The proposed investment, reported by WSJ, would value Polymarket between $8 billion and $10 billion.

Can ICE rise further on this announcement?

Read the full scoop here.

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