Tether, the crypto company behind the USDT stablecoin, has paid $299.5 million in a lawsuit settlement with the Celsius Network bankruptcy estate, the Blockchain Recovery Investment Consortium (BRIC) announced on Oct. 14. BRIC is a joint venture between GXD Labs and VanEck. Launched in 2017, Celsius was a crypto lending company headquartered in Hoboken, New Jersey. Users could deposit cryptocurrencies like Bitcoin and Ethereum to the platform to earn yields or take out loans by pledging their crypto assets ...

Today, Bitcoin falls as China escalates trade tensions with the United States. Black Rockck CEO Larry Frink says tokenization could bring trillions in foreign funds to US markets. And Richard Green of Roottock Labs breaks down what's next for the crypto market after this current bout of volatility. Welcome to CNBC's Crypto World. I'm Brennan Gomez. Major cryptocurrencies facing a fresh wave of selling pressure after China escalated trade tensions with the United States overnight. Bitcoin fell as low as $19, ...

The crypto industry is at a tipping point as the fusion of digital assets with traditional finance is merging, says Polygon Foundation co-founder Sandeep Nailwal. Founded in 2017 as Matic Network to tackle Ethereum’s scaling limits, Polygon has since become a widely used Web3 stack for thousands of decentralized apps. The project rebranded to Polygon in 2021 For the best experience, download the Roundtable app from the App Store or Google Play Store and watch the full, uncut interview. While he agrees th ...

Market Trends & Growth - Tokenized Real World Asset (RWA) value increased by 105% [1] - Stablecoin value increased by almost 5% reaching approximately $294 billion [1] - RWA value on public networks increased by over 12% in the last 30 days [1] - RWA 30-day transfer volume increased by almost 38% to approximately $1096 billion [2] - Stablecoin 30-day transfer volume increased by nearly 14% to $359 trillion [2] - Monthly stablecoin transfer volume is almost over $37 trillion [4] - ROUSD adoption is rapidly increasing, with over $839 million tied to it, up over 15% in the last 30 days, and monthly transfer volume up almost 64% at almost $6 billion [8] Stablecoin Adoption & Usage - Stablecoins are experiencing significant growth, especially on public networks [7] - USDC is up over 24% in the last 30 days [8] - Transfer volume is a crucial indicator of stablecoin market activity [6] Institutional Involvement & Tokenization - Major banks are announcing significant stablecoin initiatives, embracing both stablecoins and public networks [9] - Every major bank is expected to tokenize their reserves, with JP Morgan already making moves with JPMD [10][11] - Tokenization is expanding to various assets, including stocks, institutional funds, commodities, and bonds [13] - US Treasury Secretary encourages community banks to embrace blockchain and stablecoins to compete with larger institutions [15][16] - Major US banks are increasingly involved in crypto and digital assets due to favorable regulations [22] - Big banks are exploring launching a stablecoin linked to G7 currencies [23] Ripple's Role & Influence - Ripple has a significant presence and influence in the stablecoin and blockchain space [29] - Some major banks exploring stablecoins are already confirmed partners of Ripple [24] - Ripple is involved in discussions and initiatives related to digital assets in both the US and the UK [25][26][27]

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...

Key Takeaways COIN's forward P/E of 56.69X far exceeds its industry and sector averages, signaling a rich valuation.Coinbase is expanding globally through new crypto listings, DeFi apps and strategic acquisitions.Despite growth efforts, COIN faces dilution risks, earnings pressure and muted analyst sentiment.Coinbase Global Inc (COIN) shares are trading at a premium to the industry. Its 12-month forward price-to-earnings of 56.69X is much higher than the industry average of 23.82X, the broader sector’s 16.9 ...

Core Insights - MicroStrategy has established itself as a leader in the Digital Asset Treasury (DAT) model, refining its approach to create a gold standard in the industry [1][3][7] - The concept of market-cap-to-net-asset-value (mNAV) is central to understanding the valuation of DATs, with premiums and discounts reflecting the relationship between a company's treasury and its market performance [2][5][9] - The evolution of DATs has led to a competitive landscape where companies actively manage their crypto holdings to enhance market sentiment and capital [4][6][26] Group 1: mNAV and Valuation Strategies - mNAV serves as a critical metric for assessing the value of DATs, with a ratio below 1.0x indicating a discount to underlying crypto assets [2][9] - MicroStrategy's strategy includes various mNAV zones that dictate different capital issuance strategies, such as active, opportunistic, tactical, and defensive issuance [7][10] - The relationship between a DAT's treasury and its average purchase price significantly influences market perception, with profitable treasuries trading at a premium [9][12] Group 2: Geopolitical and Structural Factors - Jurisdictional factors can create premiums, as seen with Metaplanet Inc., which benefits from Japan's tax code by allowing investors to gain Bitcoin exposure through equity [11][12] - BNB Network Co. exemplifies how regulatory environments can create scarcity and support premiums, acting as a proxy for Binance's ecosystem [13][14] - Both Metaplanet and BNB Network Co. illustrate how companies can leverage geographic advantages to enhance their market valuations [15][14] Group 3: Yield Generation and Market Dynamics - Companies like SBET and BMNR have pioneered ETH-based treasuries that generate yield, creating a feedback loop that enhances NAV and market perception [16][19] - The success of DATs is influenced by leadership visibility and narrative, with prominent figures like Joseph Lubin and Tom Lee playing key roles in shaping market sentiment [17][19] - Diversification strategies, including moonshot allocations, can amplify upside potential and enhance mNAV leverage [20][21] Group 4: Behavioral Aspects of Premiums - The market's perception of DATs is often driven by narrative clarity and investor engagement, as demonstrated by the contrasting fortunes of TRON and BNB Network Co. [22][24][25] - Successful DATs blend fundamentals, narrative, and capital strategy into a reflexive loop that drives growth and market premiums [26][27] - The interplay of sentiment, regulation, and narrative is crucial in determining the sustainability of premiums in the DAT ecosystem [27]

Core Insights - The global crypto market experienced a significant sell-off, with total market capitalization dropping 9.46% to $3.84 trillion, while Bitcoin and Ethereum saw substantial declines [1][2] - Eightco Holdings emerged as a notable exception, with its stock price increasing by 16.6% to $9.84, despite the overall market downturn [1][3] Company Performance - Eightco Holdings, trading under the ticker ORBS, recorded a trading volume of $164 million, positioning itself as a leader in the digital commerce and blockchain infrastructure sectors [3][6] - The company focuses on tokenized loyalty and retail payment systems, aiming to bridge Web2 businesses with blockchain technology [3][4] Strategic Initiatives - Eightco Holdings launched a new AI authentication pilot program aimed at enhancing enterprise security and digital identity verification, which contributed to its stock surge [5] - The company has received backing from significant investors, including Kraken, CoinFund, and Brevan Howard, indicating strong market confidence in its initiatives [5][6] Recent Developments - Eightco Holdings rebranded its ticker to ORBS after raising $270 million to support a Worldcoin-based treasury strategy and transition towards AI-driven identity solutions [6] - The company has a history dating back to 1966 and was previously known as Cryptyde, Inc. before its name change in April 2023 [6]

Core Viewpoint - The Bank of England (BoE) has declared that stablecoins used for payments in the UK must be regulated like traditional bank money, requiring depositor protections and access to central bank facilities [1][2][3]. Regulatory Stance - The BoE's announcement represents a significant escalation in its regulatory approach, prompting the crypto industry to reassess its strategies [2]. - Bailey's comments indicate a fundamental shift in the BoE's perspective on the relationship between crypto and traditional finance, emphasizing the need for depositor insurance and resolution schemes for stablecoins [3][4]. Future Framework - The BoE plans to publish a consultation paper on stablecoins, potentially establishing one of the most comprehensive regulatory frameworks for stablecoins outside the U.S. [4]. - There is a possibility of banks and stablecoins coexisting, suggesting a potential restructuring of financial transactions within the UK economy [4]. Industry Response - Concerns have been raised by crypto industry figures regarding the BoE's cautious approach, particularly about proposed caps on stablecoin holdings and the criteria for determining which stablecoins fall under its regulation [5]. - The timing of the BoE's announcement is critical, as stablecoins have gained popularity, especially following the U.S. GENIUS Act, which sets federal rules for stablecoins [6].

Core Insights - Crypto markets are experiencing renewed interest as investors look towards XRP's potential rise to $5, indicating a bullish sentiment in the market [1] - Traders are actively seeking earlier opportunities in projects with higher short-term upside, reflecting a shift in investment strategies [1] - A new token, Mutuum Finance (MUTM), is gaining traction and is being closely monitored by analysts due to its strong presale outlook [1] Market Trends - The anticipation surrounding XRP suggests a growing confidence among long-term holders, which may influence market dynamics [1] - The focus on short-term opportunities indicates a more speculative approach among traders, potentially leading to increased volatility in the market [1] Investment Opportunities - Mutuum Finance (MUTM) is highlighted as a promising project, suggesting that investors are diversifying their portfolios beyond established cryptocurrencies [1] - The strong presale outlook for MUTM indicates potential for significant returns, attracting attention from both retail and institutional investors [1]