After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to let institutional clients use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the two top cryptocurrencies by market capitalization, which […]
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Bitcoin is currently trading at a roughly 30% discount compared to its Nasdaq 100-implied fair value. While any high-conviction Bitcoiner already knows how cheap the asset is right now, this ratio highlights the knock-down BTC price in proportion. And it’s a divergence that has historically implied a deep undervaluation. According to data from ecoinometrics, based […]
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We audit popular gold tokens against five trust tests, then compare them with BTC ETFs and native BTC settlement. Binance founder Changpeng Zhao recently claimed tokenized gold is not on-chain in response to Peter Schiff arguing tokenized gold can outcompete Bitcoin. Saying the obvious. Most people “in crypto” know this, most people “not in crypto” […]
The post If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain? appeared first on CryptoSlate.
Solana is making an institutional case built on real world asset inflows, changes in validator infrastructure, and zero downtime during the Oct. 20 AWS outage. The chain’s RWA footprint sits near the top of its range, blue-chip issuers have gone live natively on Solana rails, and validators are skewing toward bare-metal and diverse data centers, […]
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T. Rowe Price, one of the biggest old-school fund managers in the US with roots stretching back to 1937, is finally dipping its toes into crypto, but not just with another Bitcoin tracker. A Oct. 22 SEC filing reveals the $1.8 trillion firm wants to run a fund with a “diversified basket of crypto assets,” […]
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Some of Bitcoin’s biggest holders, popularly known as whales, are quietly moving billions of dollars’ worth of coins into spot exchange-traded funds (ETFs). On Oct. 21, Bloomberg reported that these whales executed roughly $3 billion in in-kind transfers through BlackRock’s iShares Bitcoin Trust (IBIT). Instead of selling, they handed their Bitcoin to the ETF in […]
The post How Bitcoin climbs to $140k next as ETF conversions drain BTC supply appeared first on CryptoSlate.
Moon Inc. (HKEX: 1723), formerly HK Asia Holdings Limited, has raised about US$8.8 million through new shares and convertible notes and will roll out a Bitcoin prepaid card across Asia, positioning a Hong Kong–listed issuer on retail cash rails. The company secured roughly HK$65.5 million via a private placement, combining the allotment of new shares […]
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OpenAI has set in motion a $300 billion hardware expansion that binds its chip suppliers, financiers, and energy providers into a single feedback loop. The company has locked in multi-year agreements with AMD and Broadcom to deliver tens of millions of AI accelerators between 2026 and 2029, deals that together represent roughly 16 gigawatts of […]
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The 12 spot Bitcoin exchange-traded products (ETFs) in the United States reversed sharply last week, recording $1.2 billion in net outflows. According to SoSoValue data, this was their second-largest weekly setback since launching in January 2024. The pullback snapped a two-week run of inflows that had brought in more than $5 billion, a period many […]
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For years, Bitcoin has been hailed as “digital gold,” a hedge against inflation and policy excess. Yet, as geopolitical tensions rise and trade disputes return to the headlines, the original store of value, gold, is stealing the spotlight. According to TradingView data, gold climbed to an all-time high of $4,376 per ounce on Oct. 17, […]
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Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the initiative would be financed through a Special Purpose Acquisition Company (SPAC). This structure is often used in traditional finance to raise […]
The post How Ripple’s new $1 billion XRP treasury plans to reshape the token’s future appeared first on CryptoSlate.
Regional banks are sharply lower on credit worries on Thursday, pulling broader markets and bitcoin down alongside.
New York City Mayor Eric Adams just built a new power center for crypto inside City Hall. On Oct. 14, he signed Executive Order 57 and created the Office of Digital Assets and Blockchain Technology, a unit that sits in the Mayor’s Office, reports to the city CTO, and is led by Moises Rendon. City […]
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Loyalty points are worth billions, but most never leave the accounts they’re earned in. Webus International, an XRP-focused treasury company, wants to change that. Last week, the Nasdaq-listed firm announced plans for a tokenized travel-reward exchange powered by the XRP stablecoin system. According to the press statement, the Singapore-based firm is targeting the global loyalty […]
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Tether’s accumulation of United States Treasuries puts the stablecoin issuer on a path to enter the top five foreign holders by 2033 under a realistic acceleration case, based on current balances, stated purchase activity, and the moving threshold set by the U.S. Treasury’s TIC data. The projection assumes Tether continues adding to its book at […]
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Bitcoin’s steady climb to a new all-time high this October has revived the familiar question of whether the next breakout could mark the first sustained run to $150,000. The optimism follows a surge in derivatives positioning and ETF inflows, suggesting that institutional momentum may be reshaping the cycle’s upper bound rather than simply fueling another […]
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Investor appetite for XRP is widening as traders seek new ways to increase exposure beyond spot holdings. The rise of XRP-focused leveraged exchange-traded funds (ETFs) illustrates this trend, revealing how participants supplement traditional accumulation with higher-risk, higher-reward strategies. Leveraged XRP ETFs On Oct. 7, GraniteShares, a leading ETP issuer, filed to launch two XRP-based leveraged […]
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Institutional demand for Bitcoin is accelerating as spot exchange-traded funds (ETFs) inject between $5 billion and $10 billion into the market each quarter. This wave of fresh capital is helping to tighten the asset’s supply and reinforce its long-term bullish structure. Bitwise Chief Technology Officer Hong Kim, citing Farside Investors’ data, said ETF inflows have […]
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Institutional demand for Ethereum has climbed to new highs during this market cycle. According to Strategic ETH Reserve data, spot Ethereum exchange-traded funds (ETFs) and Digital Asset Treasury Companies (DATCOs) now control more than 12.5 million ETH, or roughly 10% of the token’s circulating supply. This marks a dramatic expansion from April, when these institutions […]
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S&P Global announced plans to launch the S&P Digital Markets 50 Index, a benchmark that combines 15 cryptocurrencies with 35 publicly traded crypto-linked equities, offering a single gauge of the broader digital-asset economy. According to the Oct. 7 announcement, S&P Dow Jones Indices developed the index in collaboration with Dinari, which will issue a token […]
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Bitcoin and gold have outperformed every other major asset class this year, reflecting how US macroeconomic uncertainty is reshaping investor behavior. Gold has surged 48% year to date, reaching an all-time high near $4000. In comparison, Bitcoin has gained over 30% this year and has reached a new high above $126,000. Notably, this marks the […]
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Morgan Stanley’s Global Investment Committee has issued new guidance encouraging investors to dedicate a small but deliberate portion of their portfolios to Bitcoin. The bank’s analysts now view the world’s largest crypto as a “scarce asset similar to digital gold,” recommending an allocation of 2% to 4% depending on risk appetite. Given that Morgan Stanley’s […]
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The narrative surrounding Ethereum’s future has fundamentally shifted, and is rapidly solidifying its role as the global, compliant settlement layer for traditional finance (TradFi). This strategic transformation is inextricably linked to the dominance of Stablecoins and the explosive growth of Tokenized Real-World Assets (RWAs). Network Effects Of Stablecoins And RWA On Ethereum In a recent post on X, the Token Terminal highlighted a key insight focusing on why Stablecoins and RWAs matter for the Ethereum market cap. To date, Stablecoins and RWAs are crucial for ETH, as the market capitalization of tokenized assets on ETH acts as the floor for ETH’s market cap. Related Reading: Ethereum’s Next Milestone: November Fork Targets Scalability And Efficiency – Details The reasoning is that as more assets are tokenized on the ETH blockchain, including the massive market of stablecoins and the growing sector of RWAs, the total value locked and secured by the network increases, and the more Ethereum’s market cap benefits. A Host and Producer of The Edge_Pod, known as DeFi_Dad, has reflected on how rewarding it feels to finally see stablecoins cementing credibility for Ethereum and the decentralized finance (DeFi). For years, explaining crypto in real life carried negative associations, which were often tied to price speculation or hype. Meanwhile, the narrative has shifted, and stablecoins have provided a clear, relatable entry point, with investors focused on investing in digital money applications using Stablecoins. However, the expert pointed out that the stablecoins are now so mainstream in the media that even government officials and traditional media are taking them seriously. Unlike Bitcoin, which many people only associate with volatile price action, stablecoins provide practical utility and a way to earn 5–10% yields on-chain. According to DeFi_Dad, most of it is built on ETH and stablecoins, which are like Fundstrat and the ChatGPT moment for crypto, a breakthrough product that clicks instantly for the masses. From there, stablecoins would become the stepping stone into DeFi yield and broader digital asset exposure. A Stronger Foundation For Future Development Amid the Ethereum advancements, the new Go-Pulse v3.3.0 has officially been released, a major rebase that is going to make the ETH network even faster and more robust. Richard Heart mentioned that the update from the old Go-Ethereum (GETH) v1.13.13 has gone all the way up to the new v1.16.3, which would deliver substantial performance and efficiency improvements. Related Reading: Ethereum On-Chain Bloodbath: Rugs And Scams Erode Retail Confidence, What To Know Heart credited ETH’s role in the process, noting that the Ethereum mainnet serves as the ultimate testing ground. By proving stability on the ETH, PulseChain is the first to integrate and is the most reliable and optimized software enhancements into its own ecosystem. Featured image from Getty Images, chart from Tradingview.com
Chainlink has developed a new system with Swift and UBS that enables banks and asset managers to process tokenized fund subscriptions and redemptions through the same messaging infrastructure they already utilize. The solution could accelerate digital asset adoption in the $100 trillion global fund industry by removing a critical technical barrier, according to the Sept. […]
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BlackRock has confirmed that its Canadian arm has granted securities lending for the iShares Bitcoin ETF from Aug. 25 after providing investors with the required 60-day notice. The move follows disclosure in the June 26 prospectus, which outlined how the fund may engage in lending transactions in accordance with Canadian securities laws. The decision aligns […]
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Binance announced it is rolling out a white-label service designed to help traditional financial institutions launch crypto trading platforms without needing to build the infrastructure themselves. The offering, branded as Crypto-as-a-Service (CaaS), provides banks, brokerages, and other regulated firms with access to Binance’s spot and futures markets, liquidity pools, custody solutions, and compliance tools. Institutions […]
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Strategy (formerly MicroStrategy) expanded its Bitcoin holdings by purchasing of 196 BTC for $22.1 million at an average price of $113,048 per coin, according to a filing with the US Securities and Exchange Commission (SEC) dated Sept. 29. According to the firm’s dashboard, this acquisition marks its third-smallest buy this year, following its 130 BTC […]
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BitMine, an Ethereum-focused company, has taken advantage of ETH’s recent slip below $4,000 to significantly expand its holdings. The firm disclosed on Sept. 29 that it purchased more than 200,000 ETH during the week, lifting its total to 2.6 million ETH. This stash, at current market prices, is valued at $10.9 billion and now represents […]
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BlackRock’s Global Allocation Fund increased its holdings in the firm’s spot Bitcoin ETF (IBIT) by 38.4% during the second quarter, according to a Sept. 26 SEC filing. As of July 31, the diversified fund held 1,000,808 IBIT shares valued at $66.4 million, up from 723,332 shares on Apr. 30. The addition of 277,476 shares represents […]
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Vanguard is preparing to loosen restrictions on crypto exchange-traded funds (ETFs). The move, first reported on Sept. 26 by Crypto in America, would represent a sharp departure for a firm that has consistently distanced itself from digital assets. The $10 trillion asset manager has historically taken a cautious approach, barring clients from buying Bitcoin ETFs […]
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