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The Crypto Bull Market Is Over? (What Comes Next?)
Altcoin Daily· 2025-10-16 22:01
Market Analysis & Investment Opportunities - Crypto market experienced a significant liquidation of $150 billion in an hour due to factors like the China-US trade war, US government shutdown, and tax season [1] - Historically, market dips have presented buying opportunities, with those who bought or held during previous dips realizing substantial profits [1] - Despite short-term market volatility, the long-term outlook for crypto remains positive, with potential for Bitcoin to drop to the low $100,000s or high $90,000s before rising again in 6-18 months [1] - Charles Schwab plans to offer spot Bitcoin and crypto trading in 2026, signaling increased mainstream adoption [1] - Bitcoin's current growth is conservative compared to previous halving cycles, suggesting potential for significant future appreciation [1] Institutional Adoption - Institutions now hold 103% of the total Ethereum supply, representing their largest share ever [1] - Wall Street and institutions are increasingly adopting Bitcoin, crypto, and tokenization, driven by the recognition of its superior value transfer and recording system [1] - Memecoins, despite their perceived frivolity, have demonstrated the resilience of the crypto infrastructure, giving institutions confidence in its reliability [1] - 95% of all Ethereum held by public companies was purchased in the past quarter alone, highlighting the recent surge in corporate investment [2] - BlackRock's Ethereum ETF ranks among the top ETFs globally, attracting over $10 billion year-to-date, indicating strong institutional interest in Ethereum [2] ETF Trends - Digital asset ETFs are experiencing tremendous momentum and increased accessibility, driven by approvals on financial platforms in the United States [4][5] - Investors are showing a growing interest in crypto ETFs, with Bitcoin and Ethereum ETFs among the top performers [4]
X @Wu Blockchain
Wu Blockchain· 2025-10-16 17:17
Ripple has announced its acquisition of global treasury management firm GTreasury in a $1 billion deal. The acquisition aims to integrate Ripple’s digital asset infrastructure with GTreasury’s corporate treasury expertise to offer enterprise clients real-time cross-border payments and idle capital activation solutions. The transaction is expected to close in the coming months, subject to regulatory approval. https://t.co/Yz6wAVHYrr ...
X @Solana
Solana· 2025-10-16 14:54
RT AlloyX (@AlloyX_Limited)Global Debut of Asia's First Solana Spot ETF: AlloyX Group Explores Next Chapter of Public Chain FinanceOn October 16, 2025, Solomon — the Hong Kong–based Virtual Asset uplifted licensed brokerage under AlloyX Group (NASDAQ: AXG) — successfully hosted the Asia's first Solana Spot ETF roadshow in Hong Kong. As one of the initial distributors of the ETF, Solomon brought together industry experts and institutional investors for an in-depth discussion.With its high speed and low trans ...
Kraken signs $100 million deal for Small Exchange to bulk up US derivatives business
Yahoo Finance· 2025-10-16 09:55
Group 1 - Kraken has acquired futures exchange Small Exchange from IG Group for $100 million, enabling the launch of a fully U.S.-based derivatives suite [1][2] - Small Exchange is a CFTC-licensed designated contract market, allowing Kraken to offer regulated futures and options to retail and institutional clients [2] - The acquisition reflects the maturation of the cryptocurrency sector as traditional financial firms increasingly engage with digital assets through regulated products [1][3] Group 2 - The derivatives market is attracting digital asset firms seeking liquidity and risk management, with analysts predicting accelerated adoption as more institutional players enter the space [3][4] - Kraken's acquisition is seen as a strategic move to establish institutional-grade markets as the crypto industry matures [4] - The regulatory environment in the U.S. is becoming more favorable for digital asset firms, encouraging expansion and clearer rules [5]
X @Consensys.eth
Consensys.eth· 2025-10-14 19:58
RT Dane Hamer AI³ (@dhamer)Last night at Builder Nights London: Joseph Chalom (ex BlackRock now SharpLink) unpacked Ethereum as the atomic, programmable settlement layer igniting a $100B+ financial revolution, where TradFi treasuries meet DeFi yields beyond risk-free rates, urging us to build boldly amid cycles that consolidate to the composable few. Vital for every Blockchain/Digital Asset thinker as institutions, fintech and crypto converge.Thank you to @francescoswiss @joechalom and @MetaMask @CryptoMond ...
X @Consensys.eth
Consensys.eth· 2025-10-14 13:04
RT Digital Asset Summit 2025 (@blockworksDAS)What Joe Lubin's paying attention to in the next couple of years: https://t.co/HnmyOWaxd9 ...
Prestige Wealth Inc. Signs and Closes Approx. $150 Million Financing for Aurelion Treasury; Initiating NASDAQ's First Tether Gold Treasury; Prestige Wealth Inc. (NASDAQ: AURE) Plans to be Renamed to Aurelion Inc., Subject to Approvals
Prnewswire· 2025-10-14 12:01
Core Viewpoint - Aurelion Inc. has successfully closed a $150 million financing round, which includes a $100 million private investment in public equity (PIPE) and a $50 million senior debt facility, aimed at establishing NASDAQ's first Tether Gold (XAU) treasury [1][5]. Financing Details - The $100 million PIPE financing attracted approximately 278 million units, with each unit consisting of one ordinary share and two warrants [5]. - The PIPE includes significant investments from Antalpha ($43 million), Tether ($15 million), and Kiara Capital ($6 million) [5]. - Total gross proceeds are expected to reach approximately $290 million, with $280 million allocated for purchasing Tether Gold (XAU) [5]. Treasury Strategy - Aurelion aims to create a publicly listed, fully backed gold digital reserve that can be verified on-chain daily, providing a stable asset in a volatile market [3]. - The company plans to use the majority of the proceeds to acquire Tether Gold (XAU) as its treasury reserve asset [1][9]. - The $50 million senior debt facility will be secured by a first-priority lien on $67 million of Tether Gold (XAU) [6]. Leadership and Management - Björn Schmidtke has been appointed as CEO, bringing extensive experience in bitcoin mining and a vision for integrating Tether Gold into the digital asset ecosystem [2][9]. - Management transitions include the resignation of the previous CEO and changes in other key positions to ensure business continuity [9]. Market Positioning - Aurelion is positioned as a pioneer in the digital gold space, combining the stability of physical gold with blockchain efficiency, targeting a market capitalization of over $200 billion in digital gold assets [10]. - The company plans to launch a Digital Treasury Dashboard to provide updates on Tether Gold (XAU) holdings and treasury metrics [10]. Strategic Partnerships - Aurelion is collaborating with Tether, the largest stablecoin company, to enhance the digital gold ecosystem and increase liquidity for Tether Gold (XAU) [3][4]. - Antalpha's RWA Hub will support Aurelion's treasury strategy by providing liquidity and services for gold-based real-world assets [12].
Citibank to Launch Crypto Custody Services in 2026 After 3 Years of Preparation
Yahoo Finance· 2025-10-14 09:16
Group 1: Citigroup's Crypto Custody Services - Citigroup plans to launch crypto custody services in 2026, after a development period of two to three years [1] - The bank is exploring both in-house technology solutions and potential third-party partnerships for its custody services [1][2] - The upcoming service will involve Citi holding native cryptocurrencies on behalf of clients, with a mix of in-house and third-party solutions [2] Group 2: Competitive Landscape - Citigroup's custody plans contrast with JPMorgan's current stance, which allows clients to buy cryptocurrencies but does not hold custody of the assets [3] - JPMorgan has expressed interest in changing its custody approach next year, indicating a competitive shift in the market [3] Group 3: Broader Digital Asset Ambitions - CEO Jane Fraser confirmed that Citigroup is exploring the issuance of a Citi stablecoin and developing tokenized deposit services for corporate clients [4] - The bank already offers blockchain-based dollar transfers between major global offices, enhancing its digital asset capabilities [4] Group 4: Consortium for G7 Stablecoin - A consortium of nine global banking giants, including Citigroup, is planning to develop a jointly backed stablecoin focused on G7 currencies [5] - The consortium aims to issue reserve-backed digital payment assets on public blockchains, pegged one-to-one against traditional fiat currency [5] Group 5: Regulatory Engagement - The coalition of banks is already in contact with regulators across relevant markets regarding the stablecoin initiative [6] - Earlier discussions among major banks, including Citigroup, about the shared stablecoin venture have now progressed beyond conceptual stages [6]
X @CZ 🔶 BNB
CZ 🔶 BNB· 2025-10-14 07:34
RT Cointelegraph (@Cointelegraph)🇰🇿 INSIGHT: Kazakhstan launches Alem Crypto Fund, a state-backed initiative for long-term digital asset reserves.Their first purchase? $BNB, not Bitcoin. https://t.co/bvCZ9fdnhw ...
X @Cointelegraph
Cointelegraph· 2025-10-14 06:00
🇰🇿 INSIGHT: Kazakhstan launches Alem Crypto Fund, a state-backed initiative for long-term digital asset reserves.Their first purchase? $BNB, not Bitcoin. https://t.co/bvCZ9fdnhw ...