Establishing a national Bitcoin (BTC) strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique told Cointelegraph that any government holding significant portions of the BTC supply could manipulate prices by dumping its holdings onto the market, thereby disrupting the core proposition of BTC as neutral, decentralized money. He asked: “What happens in a few years if a new administration decides this was a bad idea?” Rafique added: “Despite recent…
Day: September 27, 2025
Financial Instruments Will Catapult BTC to $10 Trillion: Analyst
Derivatives products, like options contracts — financial instruments that give investors the right but not the obligation to buy or sell an asset at a pre-determined price — will drive the Bitcoin (BTC) market capitalization to at least $10 trillion, according to market analyst James Van Straten. Van Straten said that options and other derivatives attract institutional investors and cushion markets from the high volatility that is a hallmark of digital assets. He pointed to open interest for BTC futures on the Chicago Mercantile Exchange (CME), the world’s largest derivatives…
Smart Money Pours Into BNB Chain as Developer Activity Accelerates
Smart money is flowing into BNB Chain, with on-chain data showing over $700,000 invested in new projects within 24 hours. The network is also experiencing a surge in developer activity and infrastructure improvements, which analysts believe could position it to compete with networks like Base and Solana. Strong Token Inflows And Increased Activity Blockchain analytics platform Nansen shared via X that investors have been making “smart money” moves on BNB Chain in the last day. The ecosystem has recorded notable inflows over the period, with several tokens showing positive movement…
Cyber Hornet files for ETFs blending S&P 500 with Ether, XRP, and Solana futures
Key Takeaways Cyber Hornet has filed to launch three ETFs combining S&P 500 stocks with Ether, Solana, and XRP futures in a 75/25 allocation. The proposed ETFs will charge a 0.95% management fee, rebalance monthly, and provide exposure to crypto through direct and futures investments. Share this article Cyber Hornet Trust is seeking regulatory approval for three new exchange-traded products designed to track the S&P 500 and the S&P CME 75/25 Blend Indexes for Ethereum, XRP, and Solana futures, according to a recent SEC filing. The proposed ETFs are the…
Bombay Stock Exchange rejects company listing for crypto investments
Key Takeaways Bombay Stock Exchange (BSE) denied Jetking Infotrain’s listing because the company planned to invest 60% of raised funds in virtual digital assets, mainly Bitcoin. Indian regulatory framework allows companies to use profits for crypto purchases but not public fundraising for such investments. Share this article The Bombay Stock Exchange denied Jetking Infotrain’s listing application after the IT training company disclosed plans to allocate around 60% of raised funds to virtual digital assets as a treasury strategy. Jetking, which planned to raise over ₹6 crore through share sales, intended…
Crypto Treasury Narrative Bears Striking Similarly to Dotcom-Era Thinking
The crypto treasury narrative, which has become a major feature of the current market cycle, parallels investor sentiment from the dotcom era of the late 1990s and early 2000s, which caused the stock market to sink by about 80%, according to Ray Youssef, founder of peer-to-peer lending platform NoOnes app. The same overzealous investor psychology that led to over-investment in early internet and tech companies during the dotcom crash has not disappeared due to the presence of financial institutions in crypto, Youssef told Cointelegraph. He said: “Dotcoms were an innovative…
The UK Needs Regulatory Clarity That Matches Ambition
Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini The UK is at a critical juncture in its approach to the rapidly evolving digital assets space. Having solidified itself as a financial powerhouse in the modern global economy, the government has often spoken about making the UK a “leading global crypto hub.” Policy development has, however, been slow, fragmented and insufficiently ambitious. Hesitation carries costs for a sector as fast-moving as crypto and decentralized finance (DeFi). Capital, talent and innovation are highly mobile. The UK risks losing ground…
Bitcoin Pullback Sparks Fears of Market Exhaustion – Long Cooling Ahead?
Bitcoin’s recent pullback is a textbook “buy the rumour, sell the news” reaction. But Glassnode said that the broader context reveals a market showing signs of exhaustion. On-chain data, for one, shows that the current 12% drawdown is modest relative to historical cycles, but it comes on the heels of massive capital inflows. ETF Slowdown + Heavy Profit-Taking Since November 2022, Glassnode has found that three major waves of investment have lifted Bitcoin’s Realized Cap to $1.06 trillion, which is nearly $678 billion in net inflows, and is almost 1.8…
Retail and Quants Boost DEX Adoption as Institutions Stick With CEXs
Decentralized exchanges (DEXs) are rapidly gaining traction among retail traders and quants, while institutions continue to favor centralized platforms, according to Bitget Wallet’s chief marketing officer Jamie Elkaleh. Elkaleh told Cointelegraph that the strongest adoption of platforms like Hyperliquid is “coming from retail traders and semi-professional quants.” Retail users are drawn in by airdrop cultures and points systems, while quants favor “low fees, fast fills, and programmable strategies,” he said. However, institutional desks still rely on centralized exchanges (CEXs) due to their support for fiat rails, compliance services and prime…
Trump-Linked WLFI Burns $1.43M in Tokens After Recent Buyback
World Liberty Financial (WLFI), the President Donald Trump-affiliated decentralized finance project, has burned 7.89 million WLFI tokens, worth approximately $1.43 million, following a $1.06 million buyback across different chains. Onchain data gathered by Lookonchain shows the project collected 4.91 million WLFI ($1.01 million) and $1.06 million in fees and liquidity earnings from its DeFi activities, and spent $1.06 million to repurchase 6.04 million WLFI on the open market. The team later burned 7.89 million WLFI on BNB Smart Chain (BNB) and Ethereum (ETH), while 3.06 million WLFI ($638,000) remains unburned…