From October 6 to 10, spot Bitcoin and Ethereum ETFs drew strong investor interest, taking in a combined $3.2 billion. Bitcoin ETFs recorded a net weekly inflow of $2.71 billion, largely driven by BlackRock’s IBIT leading with $2.63 billion. Meanwhile, Ethereum ETFs added $488 million, led by BlackRock’s ETHA with $638 million. The surge highlights …
The crypto market just saw its biggest crash ever, with $19 billion liquidated in just 12 hours as panic selling swept through the industry. Long positions suffered $16 billion in losses after President Trump’s tariff announcement triggered a massive sell-off. Bitcoin plunged from over $122,000 to close to $113,000, impacting more than 1.6 million traders. …
Morgan Stanley, managing $1.3 trillion in assets, has lifted restrictions on Bitcoin and crypto investments for all its clients. The firm now recommends allocating up to 4% of eligible portfolios to cryptocurrencies, highlighting Bitcoin as a scarce asset similar to digital gold. This move signals growing confidence in crypto as part of mainstream portfolios. Morgan …
Kalshi, an online prediction market platform, has raised over $300 million in a funding round, valuing the company at $5 billion. The company plans to expand its services to customers in more than 140 countries. Kalshi’s trading volume is on track to reach $50 billion annually, a huge jump from $300 million last year. This …
Pudgy Penguins and Nasdaq-listed Sharps Technology have partnered to combine Sharps’ Solana-based treasury system with the Pudgy Penguins brand. This collaboration aims to increase brand exposure and encourage institutional adoption by blending NFT assets with on-chain treasury strategies. It provides new ways for both retail and institutional users to engage with Solana-based assets, highlighting the …
Binance Wallet has introduced the Pre-TGE Prime Sale edition, giving users early access to more mature crypto projects through proportional BNB subscriptions. Tokens are allocated during the sale but remain locked until the official launch. The first project under this new model is set to be announced on October 10, 2025. This new sale edition …
Metaplanet has temporarily suspended its 20th to 22nd stock acquisition rights to prioritize expanding its Bitcoin holdings. This strategic pause allows the company to better allocate capital toward accelerating its Bitcoin treasury growth. Known as one of Asia’s largest public Bitcoin holders, Metaplanet aims to ramp up Bitcoin accumulation as part of its long-term plan …
A private key leak led to a loss of about $21 million from the Hyperliquid wallet 0x0cdC. The hacker stole roughly $17.5 million in DAI stablecoins and 3.11 million SYRUPUSDP tokens. Following the theft, these funds were moved cross-chain to the Ethereum network. This incident highlights ongoing risks in decentralized finance, especially related to wallet …
The Bombay High Court ruled in favor of CoinSwitch, allowing it to secure stolen crypto assets held on the WazirX platform after a $234 million hack in July 2024. The court dismissed WazirX operator Zanmai Labs’ challenge to an arbitration order requiring them to provide bank guarantees to protect investors’ claims. This decision supports CoinSwitch’s …
Hong Kong’s HashKey Group, operator of the city’s largest licensed crypto exchange, has confidentially filed for an IPO aiming to raise up to $500 million. The company plans to list in Hong Kong this year, aligning with the city’s push to become a global hub for digital assets. HashKey is expanding globally and its IPO …
On October 9 (ET), spot Bitcoin ETFs posted a strong net inflow of $198 million, marking their ninth consecutive day of gains. Meanwhile, spot Ethereum ETFs faced a setback, recording $8.54 million in net outflows, which ended their eight-day run of positive inflows. The contrasting trends highlight growing investor momentum for Bitcoin while Ethereum’s recent …
Several U.S. Democratic senators have introduced a proposal to tighten control over decentralized finance. The plan would allow the Treasury Department to label certain DeFi protocols as “high-risk” and add them to a restricted list, penalizing Americans earning income from them. It also proposes mandatory KYC checks on non-custodial wallet frontends and removes legal protections …
State Street, managing $4.1 trillion in assets, forecasts that most institutional investors will double their Bitcoin and cryptocurrency holdings by 2028. This trend shows a move from experimentation to strategic adoption of digital assets. Tokenization of private markets is a significant driver, supported by advances in AI and quantum computing. Institutions are increasingly confident that …
Sharps Technology has joined hands with Coinbase to expand its digital asset treasury, now holding over 2 million SOL tokens valued at more than $400 million. The collaboration uses Coinbase Prime’s custody and OTC desk services to manage liquidity and security. This partnership supports Sharps’ commitment to decentralized finance and broadens its institutional-grade infrastructure, helping …
Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its portfolio to Bitcoin ETFs, marking the first such investment by a Eurozone state fund. This strategic move reflects growing acceptance of digital assets within European institutional investors. FSIL’s updated investment framework permits up to 15% allocation in alternative assets like digital currencies. The decision …
Ripple announced a strategic partnership with Bahrain Fintech Bay (BFB), Bahrain’s leading fintech incubator, to accelerate blockchain and digital asset adoption in the Kingdom. The collaboration will focus on developing pilot projects, proofs-of-concept, and showcasing solutions like cross-border payments, stablecoins, and tokenization. They will also lead educational initiatives and participate in local events to foster …
Binance Wallet has launched Meme Rush, a new platform designed for non-custodial wallet users to discover and join meme token projects effortlessly. Partnering with Four Meme, it uses a Bonding Curve model to ensure fair and transparent token launches with real-time rankings. Verified users get early access, and top projects may list on Binance Alpha. …
Bitwise has updated its Solana ETF filing to include a staking feature, offering investors a way to earn rewards by supporting Solana’s network. The ETF will charge a competitive annual management fee of 0.20%, lower than many rivals. The low fee is designed to attract more investors and aligns with Bitwise’s pricing for its Bitcoin …
Binance Japan and Japan’s leading cashless payment provider, PayPay, have formed a strategic partnership, with PayPay acquiring a 40% stake in Binance Japan. This alliance aims to create seamless financial services that combine crypto assets and digital payments. Users will soon be able to buy cryptocurrencies using their PayPay balance and withdraw crypto sale proceeds …
The Trump Coin ETF, featuring a Solana-based political meme coin inspired by President Donald Trump, is now officially listed on the DTCC platform under the ticker TRPC. This listing marks an important step toward potential mainstream trading, making the ETF more accessible to brokers and investors. However, the listing does not guarantee SEC approval, which …
Coinbase has expanded its staking services to include New York, making staking available in 46 states across the U.S. This means more users can now easily earn rewards by staking cryptocurrencies directly on Coinbase. The platform focuses on security and reliability, ensuring a smooth experience for users looking to grow their crypto holdings through staking. …
YZi Labs, formerly known as Binance Labs, announced a $1 billion Builder Fund to support founders in the BNB Ecosystem, focusing mainly on the BNB Chain. The fund will provide capital, tools, integrations, and access to a large ecosystem of 460 million users. It targets innovation in areas such as DeFi, AI, real-world assets, decentralized …
Swedish MP Rickard Nordin has officially proposed removing capital gains taxes on Bitcoin to promote everyday use. His suggestion aims to encourage more people to pay with Bitcoin for regular transactions. The proposal emphasizes the benefits of using Bitcoin as a store of value and a medium of exchange. If accepted, it could mark a …
Fight Fight Fight LLC, led by Donald Trump’s longtime associate Bill Zanker, aims to raise at least $200 million, and possibly up to $1 billion, to create a Digital Asset Treasury for buying up the struggling TRUMP token. The effort is still behind the scenes and not officially announced, with its outcome uncertain. The initiative …
S&P has unveiled a new crypto index that includes 15 popular cryptocurrencies along with 35 crypto-related stocks. This innovative index aims to offer a clear and straightforward way for investors to track the performance of both digital coins and blockchain companies. By blending crypto assets with related stocks, the index provides a broader view of …
BNY Mellon is working on launching tokenized deposits that use blockchain technology, aiming to allow clients to make payments more quickly and efficiently. Currently, the bank handles around $2.5 trillion in payments daily and manages assets totaling $55.8 trillion. The new initiative is part of BNY Mellon’s broader plan to modernize its infrastructure, support instant …
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, is close to finalizing a $2 billion investment in Polymarket, a leading crypto prediction market platform. This deal could value Polymarket between $8 billion and $10 billion and is expected to help the platform re-enter the U.S. market after regulatory hurdles. The investment …
The Reserve Bank of India (RBI) is set to start a pilot program for tokenized deposits on October 8, 2025. This initiative will use the wholesale segment of India’s central bank digital currency (CBDC) as its foundation. Tokenized deposits convert bank deposits into digital tokens on a secure ledger, enabling faster, safer, and more efficient …
Binance Coin (BNB) has recently surpassed Tether (USDT) in market capitalization, reaching over $154 billion and ranking as the fourth-largest crypto asset excluding stablecoins. BNB’s price hit a new all-time high at around $1,220, up over 20% in the past week, reflecting strong investor confidence and consistent growth. This milestone highlights BNB’s increasing importance in …
India is set to launch a new digital currency backed by the Reserve Bank of India (RBI). Commerce Minister Piyush Goyal said the RBI-backed currency will make transactions faster, safer, and more transparent, using blockchain technology similar to U.S. stablecoins. The move aims to replace traditional cash gradually while cutting paper use. India remains cautious …