As Coinbase leans into its Bitcoin-backed lending product, the exchange is offering customers competitive rates by connecting them with lightly vetted pools of capital, which don’t require people to provide personal information before funds are disbursed to Americans. Although the exchange’s competitors have attained state-by-state licenses to provide similar services, Coinbase’s product isn’t subject to the same potential barriers because the company is acting as a technology provider—and not lending custo ...

Core Insights - Bitget Wallet has fully integrated with HyperEVM, enhancing access for its 80 million users to a rapidly growing onchain ecosystem that combines liquidity, trading, and programmability [1][2] Company Developments - The integration allows users to perform cross-chain transfers, utilize DeFi applications, and access $HYPE token utilities directly from the wallet, positioning Bitget Wallet as a bridge between traditional DeFi tools and high-performance Layer-1 networks [2] Industry Trends - Hyperliquid has established itself as a leader in the DeFi space, known for its speed, depth, and transparency, with its core engine, HyperCore, enabling competitive latency and throughput [3] - The HyperEVM layer introduces smart-contract programmability, allowing DeFi protocols to access Hyperliquid's liquidity without fragmentation, unified by the $HYPE token [4] Market Performance - Hyperliquid leads decentralized perpetual futures trading, generating daily revenue between $1.5 million and $4.5 million, translating to an annualized revenue range of $548 million to $1.64 billion by June 2025 [5] - With an average 7-day trading volume of $56.65 billion, Hyperliquid holds a 67.3% market share in decentralized derivatives, outperforming all competitors combined [5] Cumulative Metrics - Hyperliquid has processed over $1.5 trillion in cumulative trading volume and maintains nearly $10 billion in open interest, showcasing significant scale in the DeFi sector [6] - The launch of the HyperEVM layer signifies Hyperliquid's transition from a derivatives-focused platform to an "Everything Exchange," aiming to integrate various onchain capital market functions [6]

Core Insights - Streamex Corp has announced a strategic partnership with Chainlink to enhance the cross-chain functionality and transparency of its gold-backed stablecoin, GLDY [3][4][9] - The integration of Chainlink's Proof of Reserves, Price Feeds, and Cross-Chain Interoperability Protocol (CCIP) aims to provide real-time verification of gold reserves and facilitate seamless token transfers across major blockchain ecosystems [4][5][7] Company Overview - Streamex is focused on the tokenization of real-world commodities, starting with its flagship GLDY token, which is a regulated, yield-bearing digital asset fully backed by physical gold [5][10] - The partnership with Chainlink reinforces Streamex's commitment to delivering institutional-grade infrastructure for gold-backed assets [7][9] Partnership Details - The integration of Chainlink's CCIP will allow for cross-chain token transfers using the Cross-Chain Token (CCT) standard, improving liquidity and accessibility for institutions and users [5][6][7] - Chainlink's Proof of Reserve will provide on-chain verification of the gold reserves backing GLDY, enhancing transparency and trust [4][7][9] Technology and Security - CCIP's consensus layer is supported by Chainlink's Decentralized Oracle Network (DON), which secures over $100 billion in DeFi Total Value Locked (TVL) [8] - The CCT standard allows for secure token transfers and programmability, enabling developers to create custom token pool contracts without inheriting CCIP-specific code [8][14] Market Position - Chainlink is recognized as the industry-standard oracle platform, powering a significant portion of decentralized finance and facilitating the integration of real-world assets on-chain [11][12] - The partnership with Chainlink positions Streamex to leverage a robust ecosystem, enhancing its growth opportunities and adoption in the market [6][9]

Core Insights - The Shiba Inu (SHIB) token is facing significant challenges in recovering its price, attributed to fundamental structural issues rather than mere market volatility [1] - Analysts have declared that SHIB's ambition to reach the $0.0001 price level is unrealistic due to its core deficiencies [1][5] Structural Challenges - The Total Value Locked (TVL) on Shibarium has consistently remained below $1 million since early October, indicating a lack of ecosystem utility and adoption [2][4] - There is a mismatch between SHIB's massive circulating supply of approximately 589 trillion tokens and the slow pace of its deflationary mechanism [3][5] - The low TVL on Shibarium suggests that development efforts have not resulted in meaningful network activity or user adoption, with SHIB's market capitalization still in the billions [4] Utility Deficit and Market Trends - A significant factor in SHIB's struggles is the rotation of capital within the crypto market towards sectors that offer tangible utility [6] - As the Web3 trend shifts from "meme" projects to those providing real-world value, SHIB is losing ground to more utility-focused projects [7]

Notably, there was a clear renewed interest in ETH, fueled by strong net inflows into US Spot ETH exchange-traded funds (ETFs) and institutional buy pressure from treasury companies such as Tom Lee’s Bitmine Immersion and Joe Lubin’s SharpLink .At the same time, ETH led the list with a 66.6% rise, outperforming major altcoins and even hitting a new all-time high of nearly $5,000.Altcoins strongly outperformed in Q3 this year, CoinGecko highlighted. BTC was “the notable laggard” in the top 5 coins category, ...

Crypto.com has submitted its application to become a national trust bank. The Office of the Comptroller of the Currency (OCC) will regulate it. They still need to approve the application; however, if it goes through, it would allow Crypto.com to operate as a federally regulated trust bank. This will enable Crypto.com to offer a range of crypto-related financial services across the US without needing individual state licenses. Moreover, with a trust bank license, Crypto.com will be able to offer its servic ...

RT StarkWare (BTCFi arc) (@StarkWareLtd)Bitcoin can be much more than just HODL.Invest, lend, borrow, earn yield, make payments, all in a decentralized, secure, and private way.This is what we’re building on Starknet. https://t.co/nBMobU48J5 ...

Core Insights - Jiuzi Holdings, Inc. has entered into a Strategic Cooperation Agreement with the SOLV Foundation, aiming to enhance its Bitcoin treasury strategy and position itself as a leader in Bitcoin-focused financial services [1][4]. Group 1: Strategic Partnership - The collaboration with SOLV Foundation, which has a total value locked (TVL) of US$2.8 billion, highlights Jiuzi's ambition to build its treasury around Bitcoin as its primary digital asset [1][4]. - Jiuzi will utilize SOLV's platform to optimize the efficiency of its Bitcoin holdings, ensuring that assets are managed under the custody of regulated third parties for transparency and security [2][4]. Group 2: Governance and Initiatives - A Steering Committee will be established, comprising senior representatives from both Jiuzi and SOLV, to lead initiatives aimed at redefining Bitcoin-centric decentralized finance (DeFi) [3]. - The committee will focus on promoting SolvBTC across various networks, expanding market reach, and developing innovative financial models such as tokenized real-world assets and structured yield products [3][4]. Group 3: Vision and Compliance - This agreement reflects a shared vision to position Jiuzi as a Bitcoin-focused crypto financial firm, integrating its reserves with advanced digital asset strategies [4]. - The partnership will adhere to principles of transparency, sound governance, and compliance with U.S. Securities and Exchange Commission (SEC) regulations and Nasdaq listing requirements [4].

has started the week with a powerful rally, surging over 20% in the past 24 hours and outperforming all other top 50 cryptocurrencies by market cap. The surge added over $1 billion to its market capitalization, sending ZEC into the top 25 cryptocurrencies. At the time of writing, ZEC is trading around $354, its highest level in nearly four years. The ZEC price rally, which started earlier in October, gained momentum following a post by BitMEX co-founder Arthur Hayes, a well-known voice in crypto circles. ...

Key Points Over the past 12 months, the Solana blockchain ecosystem generated nearly $3 billion in revenue. Solana is now growing faster than Ethereum, especially in key areas such as decentralized finance. While Solana has huge upside potential, it remains a volatile and highly speculative cryptocurrency. 10 stocks we like better than Solana › In the crypto market, Bitcoin (CRYPTO: BTC) remains the unquestioned market leader. With a current market cap of $2.2 trillion, Bitcoin still accounts for ...