Bitcoin (BTC) followed the decline in risk markets, trading 6.5% lower after losing the key $100,000 support. The tech-heavy Nasdaq index fell 2.3% on Thursday. This move reflects growing US economic uncertainty, exacerbated by comments from Palantir CEO Alex Karp about AI profitability.
Author: liam
BONK dropped 3.9% and broke a relevant support level, a move that primarily affects high-frequency traders and managers exposed to memecoins due to its liquidity and volatility profile. The decline underscores BONK’s sensitivity to attention rotation and reputational risk within the Solana ecosystem, highlighting how quickly sentiment can shift pricing in community-driven tokens.
Circle has introduced StableFX to enable on‑chain currency trading on Arc, a blockchain that has yet to launch. The move positions the firm at the intersection of currency liquidity and on‑chain markets, with relevance for market makers, treasury managers and traders seeking native execution and hedging on public chains. Execution and settlement are intended to occur directly on‑chain.
Japanese investment firm Metaplanet reported a sharp drop in its quarterly Bitcoin valuation gains. The company recorded $1.4 billion (10.6B yen) in the third quarter, down 39% from $2.4 billion the previous quarter. This downturn highlights the impact of the market crash on Metaplanet following October’s crash. Metaplanet announced the figures in its earnings report shared on X (formerly Twitter) this Thursday. Despite the drop, the company reaffirmed its strategy. “The Company’s Bitcoin Treasury Business continues to progress steadily”, Metaplanet said, ensuring its plan does not depend on short-term price fluctuations. The company also reported a $26 million stock amortization…
Bybit published a report warning that 16 blockchains embed functions that can freeze or restrict users’ funds, reframing custody risk and the promise of financial sovereignty. The alert impacts exchange users, custodians and stablecoin issuers, and elevates the importance of liquidity management and private key control for traders and asset managers.
Standard Chartered’s head of digital asset research, Geoff Kendrick, says this is “the best time in history” to own digital assets. His analysis includes ambitious projections for Bitcoin, Ethereum and Solana, supported by growing institutional adoption and the development of blockchain-based financial products. These perspectives have important implications for asset managers, traders and corporate treasuries assessing their exposure to cryptoassets.
Bitwise Asset Management registered its Chainlink spot ETF in the DTCC system under the ticker CLNK, an operational step that suggests readiness for launch. Final approval depends on the SEC and pending regulatory procedures, so the real impact on flows and price will only be clear after formal authorization. This development affects managers, derivatives traders and institutional investors seeking regulated exposure to infrastructure tokens like LINK.
Franklin Templeton has announced the expansion of its Benji platform to the Canton Network, an integration that brings its tokenized funds to a permissioned institutional network. This collaboration provides institutional clients access to a regulated ecosystem with configurable privacy, directly affecting managers, custodians and market makers seeking to use tokenized assets as collateral.
Ethereum’s dominance in tokenization is solidifying, hosting $201 billion in assets. This figure represents nearly two-thirds of the $314 billion global total. Analysts and data from the Token Terminal platform suggest this strong fundamental base indicates that ETH is undervalued. The expansion goes beyond stablecoins. Tokenized fund assets under management (AUM) on Ethereum have surged an impressive 2,000% since January 2024. This growth has been driven by institutional giants. BlackRock and Fidelity are bringing traditional investment products onto the blockchain. Real-world assets (RWAs) have become Ethereum’s fastest-growing category. Currently, tokenized funds, Treasuries, and credit instruments on the network total $12…
The price of Dogecoin is facing a critical moment. It is situated in a “make-or-break” band between $0.192 and $0.1940. This follows a 5% correction led by Bitcoin, which dragged down the main cryptocurrencies. The price of Dogecoin in decisive zone tests investors’ risk appetite, as its price action impacts the liquidity of the altcoin market.
