Top 15 stablecoin issuers on @ethereum 👇1. @Tether_to2. @circle3. @ethena_labs4. @SkyEcosystem5. @PayPal6. @Paxos7. @Ripple8. @FirstDigitalHQ9. @usualmoney10. @worldlibertyfi11. @aave12. @tusdio13. @global_dollar14. @fraxfinance15. @capmoney_ https://t.co/fKEJyGPR0f ...

Core Insights - Digital asset ETPs reached a record $218 billion in assets under management (AUM) last month, marking the third consecutive month above $200 billion, driven by the approval of spot Bitcoin ETFs in the US and the overall strength of the crypto market since early 2024 [1][2][3] Growth Factors - The growth in digital asset ETPs is attributed to two main factors: the robust performance of the crypto market over the past couple of years, which has increased demand from both retail and institutional investors, and the recent approval of spot Bitcoin ETFs in the US, which has broadened investor exposure [3][5] - Bitcoin ETPs experienced renewed inflows in September after a brief dip, indicating strong and organic demand despite minor outflows [4][5] Performance Metrics - In September, Bitcoin's price increased by over 5%, while AUM rose by more than 6%, reflecting a 16% premium and continued institutional demand since the beginning of 2024 [5] - Ethereum ETPs maintained stability even as Ethereum's price declined, suggesting that institutional investors are diversifying their exposure beyond Bitcoin due to the credibility established by Bitcoin financial products [6][7] Altcoin Trends - Altcoin ETPs surged nearly 37% in September, driven by increased interest in Ethereum, which has historically led altcoin demand [8] - Solana and Binance Coin (BNB) are identified as the leading assets in altcoin ETP growth, with Solana having the most issuers and AUM, while BNB has shown the strongest performance [8] Future Outlook - The momentum in digital asset ETPs is expected to continue through the fourth quarter, with historical data indicating a consistent demand trend despite market volatility [9][10] - Even during significant market downturns, such as a 30% drop in Bitcoin at the start of the year, there were no substantial outflows, suggesting that these products attract long-term investors who are less sensitive to price fluctuations [10]

Core Insights - The native token of the BNB Chain, BNB, experienced a price increase of over 3% in the last 24 hours, driven by institutional momentum and strategic selling [1] - BNB's price rose from $1,056 to $1,087, reaching a peak of $1,131 before a slight pullback, outperforming the broader crypto market which rose by 2.43% [1] - Trading volume surged to 204,000 tokens, nearly three times the daily average, indicating strong market participation [2] Adoption and Developments - Coinbase has added BNB to its list of assets for potential full platform support as part of its new "Blue Carpet" initiative [2] - China Merchants Bank International (CMBI) has tokenized its USD money market fund on the BNB Chain, issuing two tokens for accredited investors [3] - BNB Chain achieved a milestone with over 3.6 million daily active addresses, the highest in its history [3] Corporate Activity - Corporate accumulation is on the rise, with China Renaissance planning a $600 million investment to build a BNB-focused treasury [4] - Despite recent gains, BNB remains 17% below its all-time high of $1,370, with notable volatility reflected in a $79 intraday spread range [4]

Litecoin (CRYPTO: LTC) could soon see its exchange-traded fund debut on Wall Street, but creator Charlie Lee said it was a "headache" and wished he hadn't gone through with it.Don’t Do Anything Else But Buy Bitcoin, Says LeeDuring an interview with CoinDesk that aired Sept. 30, Lee was asked for advice he would give to his younger self.My advice for myself would just to be, I think this would be surprising to a lot of people, but which is to buy Bitcoin, store it away, don’t sell anything and don’t do anyth ...

🔥 PANCAKESWAP IS ON FIRE! @PancakeSwap is quietly the biggest winner from the ongoing @BNBChain season... https://t.co/RJ7TMtIvIJ ...

Core Insights - Cryptocurrency prices experienced significant volatility, with over $19 billion in liquidations occurring last Friday, highlighting the challenges of applying traditional financial safeguards to decentralized finance (DeFi) [1][2][4] Group 1: Market Dynamics - The cryptocurrency market's decentralized nature complicates the implementation of market-wide trading halts or circuit breakers, which are effective in traditional finance [3][4] - Some market makers, such as Wintermute, ceased trading during the recent Bitcoin crash due to deteriorating market conditions [4] Group 2: Expert Opinions - Amanda Tuminelli from the DeFi Education Fund emphasized that DeFi lacks a central control mechanism, stating "there is no off button" for networks and assets [2][3] - Tuminelli also noted that while restrictions could be placed on the "front ends" of services connecting to DeFi protocols, the existence of multiple access points could undermine their effectiveness [5] - Gregory Xethalis from Multicoin Capital warned that attempting to impose traditional market safeguards in DeFi could exacerbate price discrepancies across different venues [6]

New reports have hinted at the establishment of a $1 billion Ethereum (ETH) treasury, marking the entry of another firm into the corporate accumulation trend. The founder of the Huobi exchange, Li Lin, who doubles as the chairman of Avenir Capital, is making this move in collaboration with some top investors in Asia. Huobi Founder Partners With Top Investors Bloomberg reported that Lin is mulling the launch of a $1 billion ETH treasury. Should it pull through, this initiative would be one of the largest ...

Group 1 - Tether announced a $250,000 donation to OpenSats to support Bitcoin developers, which was criticized by Jack Dorsey for being too small [1][2] - Tether is one of the most profitable companies in the crypto industry, reporting a $13 billion profit last year and seeking a $500 billion valuation in talks with potential investors [2] - OpenSats, the recipient of Tether's donation, funds the development of free and open-source Bitcoin software [2] Group 2 - Jack Dorsey has donated over $21 million to OpenSats through his Start Small initiative in 2024, highlighting his commitment to supporting Bitcoin development [3] - Dorsey has been a prominent advocate for decentralized technology and is recognized as a significant supporter of Bitcoin [3] - Udi Wertheimer, a Bitcoin developer, initially supported Dorsey but later criticized him for his investments in Ocean, a Bitcoin mining pool [4] Group 3 - Wertheimer suggested that Dorsey should consider the impact of his Ocean investment on his philanthropic contributions, indicating that it may hinder Bitcoin development [5]

Bitcoin ETF outflows, bank contagion, and more! Here’s your weekly roundup. It took America 9 months to become a third-world country … or maybe America has been a third world country since 2008? Seems like the US is steamrolling its way into doing all the actual bad things that the communist era Russia and China did. Meanwhile, spot Bitcoin ETFs recorded $536M in daily net outflows on Thursday, their largest since August 1, according to SoSoValue. Outflows hit eight of the twelve funds, led by ARKB with ...

Core Insights - Bitcoin is currently priced at approximately $110,000, but it is still considered the best cryptocurrency to invest in with $100 due to its potential for significant future gains [2][3] Group 1: Bitcoin's Future Potential - There is a growing consensus that Bitcoin could increase in value tenfold within the next few years, with projections suggesting it could reach $1 million within five years and even $3.8 million by 2030 [3][4] - Achieving a price of $1 million from $110,000 implies a compound annual growth rate (CAGR) of 56%, which is a challenging target even for top tech growth stocks [4] Group 2: Historical Performance - Bitcoin has been the top-performing asset globally in eight of the past ten years, with a remarkable gain of 157% in 2023, significantly outperforming the S&P 500, which returned only 26% [5][8] - Despite its strong performance, Bitcoin has experienced significant downturns, losing 64% in 2022 and 74% in 2018, indicating the importance of holding through volatility [6][7] Group 3: Investment Strategy - Investors considering Bitcoin should be prepared to hold for at least four years, as the asset has historically shown periods of poor performance interspersed with substantial gains [6][7] - After a downturn in 2022, Bitcoin rebounded with gains of 157% in 2023 and 125% in 2024, demonstrating its potential for recovery and growth [7]