Bitcoin could bottom in October before recovering to around $130,000 ahead of the 2028 halving, according to Swan Bitcoin CEO Cory Klippsten. Bitcoin’s ($BTC) price peaked above $126,000 in early October 2025, meaning that the “market should bottom in October,” Klippsten told Cointelegraph. He argued that Bitcoin has so far bottomed about 12 months after
Tether CEO Paolo Ardoino has publicly denied recent reports suggesting that the company behind the world’s largest stablecoin, $USDT, is developing its own blockchain. The denial comes in response to a market analysis report that claimed Tether was working on a so-called ‘stablechain.’ Background: The ‘Stablechain’ Speculation The speculation began when a market analysis report,
Robinhood Crypto SVP Johann Kerbrat says the firm’s tokenization work is “just the beginning,” choosing to direct focus to the network’s technical infrastructure over issuing a token. The network is currently focusing on its new stock tokens, which give users access to 24/7 onchain versions of equities like Nvidia and Apple. Does Robinhood Chain have
The number of tokenized stock holders has more than doubled over the past month to 1.31 million, according to RWA.xyz data. Monthly transfer volume surged nearly 180% over the same period to $23.13 billion, while monthly active addresses increased 34.62% to nearly 572,000. The total distributed value of tokenized stocks also rose 5.9% to $2.38
Ripple CTO Emeritus David Schwartz recently weighed in on an X conversation, explaining the logic behind Bitcoin hard forks in the process. An X user had questioned the value of a new PoW fork, citing Bitcoin Cash and the most recent BIP-110 proposal. While forks can address “surface” issues, such as whether a network has
Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. That increase, which gives it the right to acquire IBIT shares at a later date at a set price, came as
Tudor Investment, founded by billionaire investor Paul Tudor Jones, increased its direct stake in BlackRock’s spot bitcoin ETF in the second quarter while cutting its reported call option position in the fund by 85%. The firm held 688,529 shares of the iShares Bitcoin Trust ETF (IBIT), valued at $22.9 million as of June 30, according
In the first six months of 2026, the crypto industry raised $11.2 billion. Not one dollar of it went to the permissionless, ungoverned experiments that digital assets were supposed to be built on. “There is an irony at the heart of crypto, and it took an $11.2 billion dataset to make it obvious,” said Dubai-based
Tudor Investment reported 18.9% more direct shares in BlackRock’s iShares Bitcoin Trust ETF at June 30 than it held three months earlier, even as its reported call-equivalent quantity fell 85.2%. Together, those moves complicate a straightforward reading that the manager simply increased its Bitcoin ETF exposure. Tudor Investment listed 688,529 direct IBIT shares in its
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and elevated borrowing costs. The benchmark S&P 500 index climbed above 7,800 for the first time intraday on Thursday before finishing at a record 7,798.99, extending a rally that has pushed the benchmark roughly 14% higher