Tron (TRX) founder Justin Sun announced that the blockchain network plans to launch tokenized shares in the fourth quarter of 2026. Sun stated that this initiative aims to facilitate Tron users’ access to a variety of high-quality financial assets, including US Treasury bonds. Speaking at the Token2049 event in Singapore, Sun shared plans to expand
Bitcoin ($BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points: Rolling 30-day cumulative inflows of “new money” to Bitcoin reached $4.9 billion on Oct. 5, per Glassnode data. Existing investors still accounted for three-fifths of the $12.8 billion growth in realized cap in that period. Short-term holders
US spot Bitcoin exchange-traded funds (ETFs) recorded $484.9 million in net outflows on Wednesday, reversing Tuesday’s $118.8 million net inflow. The withdrawals were the largest since June 25, when the funds lost $691.7 million, according to Farside Investors. Wednesday’s outflows wiped out the $321.6 million in net inflows recorded over October’s first four trading sessions,
Nate Geraci recently engaged in a conversation about ANDRA, a new ETF tokenization platform. The discussion covered how ANDRA operates and the advantages for ETF issuers. Geraci emphasized the current interest in tokenization and its potential to reshape the ETF landscape, particularly with the SEC’s innovation exemption playing a crucial role in this evolution. For
BitGo’s Frank Wang pointed out the growing need for an infrastructure plan regarding stablecoins as they reshape the payments landscape. Financial institutions must prepare to adapt to these changes, emphasizing the importance of custody, controls, and liquidity. Wang’s comments come ahead of a webinar on October 14, where industry experts will explore the implications of
Bitwise CEO Hunter Horsley argued that the long-running downturn in the cryptocurrency market has come to an end. Horsley predicted that Bitcoin (BTC) could reach a new all-time high in 2027. In an interview with CNBC, Horsley assessed the current state of the cryptocurrency market, noting that many investors who wanted to sell during the
Crypto and fintech investment firm Deus X Capital has ceased operations as its backers pursue separate investment strategies, the company told CoinDesk. The company, led by former Galaxy Digital (GLXY) executive Tim Grant, will formally unwind on Jan. 31, 2027. Chief Investment Officer Stuart Connolly will remain to oversee the transition, while some portfolio businesses
Ripple is expanding into the business of financing leveraged stock exchange-traded funds, putting the crypto company in a market long dominated by major banks and securities firms. Its prime brokerage division, Ripple Prime, is supplying financing for funds that let investors multiply the daily moves of individual stocks and market indexes, according to a Wall
Bitcoin-backed finance is maturing beyond trading and increasingly resembles traditional lending. Loans taken by locking up bitcoin $BTC$82,848.71 as collateral are increasingly used to fund real-world expenses such as tuition fees, slow months, and business cash, according to two long-standing lenders. “What I am seeing, both in the conversations I’m having and in the data,
Bitcoin [$BTC] has been in a strong uptrend over the past month or so, but that seems to be taking a break. The bears who formed a sell wall between $87,000 and $91,000 appear to have won the contest in this zone. That said, leveraged short orders, ETF outflows, long liquidations, and US government potential