Bitcoin Whale Buys More Ether as Market Matures

The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, has continued buying ETH over the weekend and now holds $3.8 billion of it, onchain data shows. In its latest move, the Bitcoin whale sold 4,000 Bitcoin (BTC) worth $435 million, exchanging it for 96,859 spot Ether over a 12-hour splurge,…

Bitcoin Whale Buys More Ether as Market Matures

The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, has continued buying ETH over the weekend and now holds $3.8 billion of it, onchain data shows. In its latest move, the Bitcoin whale sold 4,000 Bitcoin (BTC) worth $435 million, exchanging it for 96,859 spot Ether over a 12-hour splurge,…

Tokenized Institutional Alternative Funds Surge 47% to $1.74B

Tokenized institutional alternative funds (IAF) surged 47% in the last 30 days, reaching a total value of $1.74 billion, according to data from real-world asset (RWA) tokenization tracker RWA.xyz. The data showed that all protocols except Libre Capital had percentage increases in the last 30 days. Centrifuge led the growth, expanding its market cap by…

ETH’s Stablecoin, RWA Dominance Empowers It In TradFi

Key takeaways: The stablecoin market cap has doubled to $280 billion since 2023, with forecasts hitting $2 trillion by 2028; over half of it already runs on Ethereum. Real-world assets onchain have grown 413% since early 2023 to $26.7 billion, with BlackRock, Franklin Templeton, and others leading the charge on Ethereum. The GENIUS Act and…

Philippine Senator Pushes National Budget on Blockchain

Philippine Senator Bam Aquino announced his intention to propose a bill that would lead to the country’s national budget being saved on a blockchain. According to a Facebook post by local news publication BusinessWorld, Aquino plans to file the bill “in the next couple of weeks.” The measures would “integrate the government’s budget and transactions…

ETH’s Stablecoin, RWA Dominance Empowers It In TradFi

Key takeaways: The stablecoin market cap has doubled to $280 billion since 2023, with forecasts hitting $2 trillion by 2028; over half of it already runs on Ethereum. Real-world assets onchain have grown 413% since early 2023 to $26.7 billion, with BlackRock, Franklin Templeton, and others leading the charge on Ethereum. The GENIUS Act and…

Newsom Plans ‘Trump Corruption Coin’ to Mock Trump’s Crypto Ties

California Governor Gavin Newsom has teased plans to launch a “Trump Corruption Coin” as a direct response to Donald Trump’s controversial involvement in crypto, especially through memecoins. Speaking on the “Pivot” podcast, Newsom, a Democrat, said the planned memecoin, named explicitly after Trump’s alleged scandals, is part of his broader “Campaign for Democracy” initiative, with…

AI to Disrupt Stocks, Force Investors to adopt Bitcoin — Analyst

Bitcoin (BTC) will be a better investment than stocks in the coming decades due to artificial intelligence speeding up innovation cycles, making public companies inefficient investment vehicles, analyst and investor Jordi Visser predicted. “If the innovation cycle is now sped up to weeks, we are in a video game where your company never hits escape…

Yen-Backed Stablecoin Can’t Come at a Better Time as BOJ Seen Raising Rates

One of the biggest stories emerging from the Far East this month is the imminent launch of a blockchain-based version of the Japanese yen, one of the world’s major fiat currencies. The timing for this development couldn’t be better, as the Bank of Japan (BOJ) is widely expected to raise interest rates soon, a move…

Venture Capital Firms Eyeing Revenue-Generating Crypto Projects

Venture capital (VC) firms have become much more selective with the crypto projects they invest in, representing a shift from the previous cycle due to market maturation, according to Eva Oberholzer, the chief investment officer at VC firm Ajna Capital.  “It’s harder because we have reached a different stage in crypto, similar to every cycle…