One thing that we have always talked about when it comes back to XRP, especially for years, has been derivatives. So many people don't realize how much money is just out there in the world. When you start talking about tens or hundreds of trillions of dollars or even quadrillions, people immediately say absolutely no way.There's not even that much money in the world. Derivatives have always been the focus because it's the largest value market in the world. It's a valuation that a lot of people actually don' ...

🚨 🚨 🚨 704 #BTC (65,427,151 USD) transferred from #Bitstamp to unknown wallethttps://t.co/XwZkhlELy7 ...

An Ethereum OG just deposited another 18,000 $ETH($54.78M) into #Bitstamp 8 hours ago.Since 2017, this OG accumulated 154,076 $ETH($79.7M) at $517 avg, then sold 87,824 $ETH($148.8M) at $1,694 avg.He still holds 66,252 $ETH($201M) — with total profits of ~$270M.https://t.co/E5cMA06NUf ...

🚨 🚨 🚨 18,000 #ETH (54,739,195 USD) transferred from unknown wallet to #Bitstamphttps://t.co/MKnGfq5EYO ...

🚨 🚨 🚨 600 #BTC (54,739,195 USD) transferred from #Bitstamp to unknown wallethttps://t.co/AbrSt07xP3 ...

🚨 🚨 🚨 🚨 🚨 1,186 #BTC (101,923,645 USD) transferred from unknown wallet to #Bitstamphttps://t.co/yFOV2KAyBV ...

Core Insights - The center of gravity for crypto regulation is shifting from Europe to the U.S., with North America now leading in licensing for digital asset exchanges [6][10][12]. Group 1: Regulatory Developments - The EU's MiCA regulation is facing challenges, with a 33% drop in registrations since April, and only 16 exchanges currently holding MiCA authorization [10]. - The Netherlands experienced an 83% decline in registrations after its transition period ended, indicating increasing regulatory pressures in Europe [10]. - Stricter rules in Europe are causing mid-sized firms to consolidate or shift operations to more permissive jurisdictions [7][10]. Group 2: Institutional Investment Trends - Harvard University's endowment made a significant investment of $443 million in BlackRock's spot bitcoin ETF, representing about 20% of its U.S. public equity holdings [3]. - Sygnum's report indicates that portfolio diversification (57%) is now the primary reason for institutional investment in digital assets, surpassing the focus on short-term returns [4]. Group 3: Market Performance - Cryptocurrency prices have dropped over 13% in the past week, with Bitcoin losing 12.6% of its value [5][23]. - Despite the price decline, institutional interest remains strong, suggesting a potential disconnect between market performance and institutional sentiment [5][20]. Group 4: Market Structure and Liquidity - The CoinDesk Exchange Benchmark highlights a shift towards execution quality over mere size, with top-tier exchanges losing market share from 60% in Q1 to 41% in Q3 [12][13]. - A new Composite Liquidity Score emphasizes actual execution conditions rather than displayed order book depth, reflecting a more mature market [8][9]. Group 5: Future Outlook - The digital asset class is facing uncertainty as it approaches the end of the year, with concerns about potential poor performance in 2025 [17][19]. - The market is witnessing a culling of less significant assets, allowing for a more focused investment landscape [22][24].

Buenos Aires — Fintech giant Robinhood (HOOD) is laying the groundwork to push the traditional financial system into a permissionless ecosystem, according to the head of strategy at blockchain development company Offchain Labs. The brokerage app's recently launched tokenized stock offering in Europe, which already includes nearly 800 publicly traded securities and is set to add private equity, is the first step in a longer, three-phase roadmap to create a permissionless financial ecosystem, said A.J. Warn ...

🚨 🚨 🚨 32,192,093 #XRP (74,049,296 USD) transferred from #Bitstamp to unknown wallethttps://t.co/WPjSi1N5YO ...

🚨 🚨 🚨 516 #BTC (53,181,645 USD) transferred from unknown wallet to #Bitstamphttps://t.co/410xiHgUTn ...