Category: Bitcoin News

Ethereum Foundation Launches Website To Onboard Wall Street

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The Ethereum Foundation has launched a new website designed to onboard more institutions by providing clear pathways for businesses to move from traditional finance to the Ethereum ecosystem.  In an X post on Wednesday, the Ethereum Foundation unveiled “institutions.ethereum.org,“ developed by its Enterprise Acceleration team with the aim of showcasing the network and helping guide businesses that are adopting Ethereum.  “Ethereum is the neutral, secure base layer where the world’s financial value is coming onchain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global…

Trump and Xi Meet to Resolve Tariff Tensions

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US President Donald Trump and Chinese Communist Party leader Xi Jinping have met face-to-face in South Korea to stabilize relations and resolve tariff tensions. Before the bilateral meeting, Trump indicated that the parties are showing signs of alignment, stating: “We’ve already agreed to a lot of things and we will agree to some more right now.” “I think we’re going to have a fantastic relationship for a long period of time,” Trump said in a video posted to X by The White House on Thursday. The Rapid Response 47 X…

Long-Term Ethereum Holders on the Move As ICO Wallets Reawaken

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Long-term Ether holders have become increasingly active in the second half of the year as Ether toyed with its all-time highs, with more “ICO-era” holders “awakening” after years of dormancy.  September saw two of the most significant spikes in long-term holder activity since the year’s peak in July, as measured by Santiment’s analytics platform Sanbase’s age consumed metric.  The metric measures the total amount of Ether (ETH) changing addresses, multiplied by the time since they last moved. A spike indicates a significant amount of old Ether moving, according to the…

Pro-Crypto Org Backs Andrew Cuomo for NYC Mayor as Election Approaches

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Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo.  In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group cited an agenda that included “blockchain, tokenization, public-benefit stablecoins, and artificial intelligence.”  The organization, registered as an independent spender with the New York City Campaign Finance Board, was funded with $99,500 from six individuals through…

Securitize, BNY to launch $100M tokenized AAA credit fund

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Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain. The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY will safeguard the fund’s underlying assets, while a subsidiary of the bank will manage the fund’s portfolio. With global collateralized loan obligation issuance topping $1.3 trillion, Securitize and BNY aim to bring AAA-rated floating-rate credit onchain, the company said. Pending governance approval within the Sky Ecosystem, Grove, an institutional-grade credit…

Institutions drive 80% of Bitget’s volume as liquidity deepens

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Singapore-based crypto exchange Bitget has seen an uptick in institutional participation, with institutional traders now accounting for roughly 80% of total volume as of September, according to a report by Bitget in collaboration with blockchain analytics platform Nansen. The report noted that institutional activity on Bitget’s spot markets climbed from 39.4% of total volume on Jan. 1 to 72.6% by July 30. Futures trading saw an even more dramatic shift, with institutional market makers growing from just 3% of activity at the start of 2025 to 56.6% by late July.…

US Prosecutors Object to Crypto Policy Arguments amid MEV Bot Trial

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US prosecutors are pushing back against efforts to introduce crypto policy arguments in the case of two brothers accused of exploiting Ethereum using maximal extractable value (MEV) bots. In a Tuesday filing in the US District Court for the Southern District of New York, US prosecutors opposed an amicus curiae — a brief filed by an interested party not directly involved in a case — that could encourage a jury to acquit Anton and James Peraire-Bueno. The two individuals are allegedly behind a $25-million MEV exploit of the Ethereum blockchain…

TeraWulf Plans $500M Note Offering to Fund Texas Data Center Expansion

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Crypto mining company TeraWulf plans to raise $500 million through a convertible note offering to help finance the construction of a new data center campus in Abernathy, Texas. The private offering is aimed at qualified institutional buyers, the company announced on Wednesday. It granted underwriters the option to purchase an additional $75 million in notes within 13 days of issuance, depending on market conditions. The convertible senior notes, due on May 1, 2032, will carry no regular interest, with conversion available only under specific conditions before February 2032. Investors will…

Bitcoin Falls To $109K After Fed 0.25% Rate Cut: Why?

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Key points:  Bitcoin’s sell-off accelerated after the Federal Reserve cut rates by 25 basis points. Weakness in crypto shows traders are looking at macroeconomic headwinds like a weakening jobs market and inflation, despite believing that interest rate cuts will continue into 2026.  Bitcoin (BTC) price tumbled to $109,200 ahead of Wednesday’s US Federal Reserve decision to cut interest rates by 25 basis points. While traders may have anticipated a degree of risking-off ahead of Fed Chair Jerome Powell’s announcement, BTC’s 6% drop from its Monday rally to $116,400 is sharper…

BitGo Adds Custody Support for Canton Coin

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Digital asset infrastructure company BitGo has added support for Canton Coin (CC), the native token of the Canton Network, in a move that could make it easier for US institutions to hold the asset through a qualified custodian. The companies announced the integration on Wednesday, saying it will give banks and asset managers compliant access to a network already processing significant volumes of tokenized real-world assets (RWAs). The partnership introduces cold-storage custody and insurance-backed security, and could pave the way for future support of stablecoins, tokenized securities and other onchain…