Author: liam

IBM is stepping decisively into the crypto arena by unveiling a comprehensive digital-asset platform designed for banks, governments and large enterprises. This move aligns with the rising institutional appetite for tokenized assets and stablecoins — signalling a shift from pilot experiments to full-scale production.

The cryptocurrency market is posting a significant rally this Monday, October 27, increasing its total capitalization by 3.3% to nearly $4 trillion. Bitcoin (BTC) is leading the advance, surpassing $115,500. The primary reasons for the crypto market rally are attributed to growing expectations of a rate cut by the U.S. Federal Reserve.

Strategy, Michael Saylor’s business intelligence firm, has once again increased its holdings. The company acquired an additional 390 BTC between October 20 and October 26. This purchase brings Strategy’s Bitcoin holdings to a new record. The information was confirmed by Saylor himself via a regulatory filing and his social media on October 27.

Digital asset investment products saw massive inflows of $921 million last week. This rebound follows weaker-than-expected inflation data in the U.S. Monday’s report from CoinShares attributes this to renewed hopes for rate cuts. The crypto investment product flows show a renewed appetite for risk. Bitcoin was the clear protagonist of the week, consolidating its dominance. The asset led demand with $931 million in net inflows. This figure demonstrates strong confidence in the main crypto asset. However, Ethereum showed an opposite and concerning trend. ETH products recorded outflows of $169 million. It is important to note that this is its first…

Bitcoin (BTC) started the last week of October with a rebound, hitting $114,500 at the weekly close. However, traders remain nervous. The digital asset now faces a key test. Bitcoin seeks historic monthly close if it manages to close above $115,750.

JPMorgan will let custodians, family offices and fund managers lock BTC or ETH in a vault and receive cash. The bank told clients this shift turns the coins into loan security without requiring a sale. The move brings crypto closer to mainstream finance by treating major coins as collateral for dollar loans.

The banking giant JPMorgan has dramatically improved its outlook on Coinbase (COIN) stock this October 24th. The firm upgraded the rating from ‘Neutral’ to ‘Overweight’ and set a new $300 price target. The central thesis, according to a client note from the bank, is the potential Base token valuation if the L2 network decides to launch one.

Five individuals have pleaded guilty for their involvement in “FireBunnyUSA.” This network trafficked narcotics nationally across the United States. The dark web crypto drug operation successfully laundered $7.9 million in illicit proceeds. The conviction was announced this Wednesday by Manhattan District Attorney Alvin L. Bragg, Jr., highlighting the network’s scope. The criminal organization operated intensively between January 2019 and August 2022. Its base of operations was initially in Flushing, Queens. From there, they shipped over 10,000 packages of narcotics to all 50 states and Washington, D.C. The ringleader, Nan Wu, received a minimum sentence of 6.5 years in state prison.…

Optimism surrounds Dogecoin (DOGE) following a 10% weekly rally. Popular analyst “Chimp of the North” has urged his thousands of followers on X (formerly Twitter) to “HODL” their positions. His Dogecoin price prediction to $1 is based on recent technical analysis, sparking intense debate in the crypto community. This renewed confidence coincides with a broader market recovery.

A Swiss-regulated crypto bank has teamed with a leading blockchain infrastructure provider to build a regulated “bridge” for tokenizing traditional financial assets. The move signals a major step in institutional finance embracing blockchain technology — while addressing compliance and custody concerns that have long slowed progress.