Digital asset lender Ledn has reported a record quarter for its Bitcoin-backed credit products, as more investors chose to borrow against their holdings amid the ongoing crypto bull market. The company originated $392 million in Bitcoin (BTC)-backed loans during the third quarter, pushing year-to-date originations past $1 billion. Since its inception, Ledn has issued more than $2.8 billion in total loans across over 100 countries, the company said. Ledn also reported generating approximately $100 million in annual recurring revenue. The company provides fully collateralized loans, with Bitcoin collateral held in…
Category: Bitcoin News
IBM’s Crypto Platform To Bolster TradFi, Governmental Blockchain Adoption
Technology giant IBM launched a cryptocurrency platform for US institutions, marking one of the company’s strongest pushes yet into digital assets and blockchain infrastructure. IBM’s platform will offer US businesses and governments crypto custody and payment services by the end of the year, aiming to simplify the integration of digital assets into the existing financial infrastructure. The new platform, called the “Digital Asset Haven,” will enable institutions to directly access onchain yield from decentralized finance (DeFi) protocols across 40 public blockchain networks. It will also help meet the complex token…
How Changpeng Zhao Regained Power Between Prison and Pardon
Binance co-founder Changpeng “CZ” Zhao has spent the past year rebuilding influence after serving four months in prison for violating US Anti-Money Laundering (AML) rules. Binance paid a $4.3-billion penalty fine; Zhao himself paid a $50-million criminal fine. He also received a lifetime ban from holding an executive position at the exchange. Over the year that followed his release in September 2024, Zhao resurfaced with government advisory roles. He moved memecoins with his X posts and fended off claims by The Wall Street Journal that he was courting influence through…
American Bitcoin Boosts Holdings To 3,865 BTC Amid Expansion
American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., added more than 1,400 Bitcoin to its holdings. According to a Monday announcement, American Bitcoin acquired 1,414 Bitcoin (BTC) for about $163 million. This brought the total holdings to 3,865 BTC, worth almost $445 million. Eric Trump, who serves as chief strategy officer, said the company is focused on increasing its Bitcoin-per-share ratio, a metric it considers central to shareholder value. “We believe one of the most important measures of success for a Bitcoin accumulation…
Strategy Acquires 390 Bitcoin, October Buys Net 778 BTC
Michael Saylor’s strategy, the world’s largest public Bitcoin holder, added to its BTC holdings last week amid rising momentum, but buying activity has slowed considerably since September. Strategy purchased 390 Bitcoin (BTC) for $43.3 million in its latest BTC acquisition last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $111,117 per BTC, with Bitcoin briefly rising past $113,000 on Tuesday, according to CoinGecko data. The acquisition brought Strategy’s total Bitcoin holdings to 640,808 BTC, purchased for about…
Crypto Starts Recovery After $19B Crash, Ahead Of Trump Tariff Meeting
Cryptocurrency markets staged a recovery after a record $19 billion liquidation event, buoyed by signs of a temporary ceasefire in the US-China trade war. Bitcoin (BTC) briefly recovered above a two-week high of $116,400 on Monday, driven by investor expectations of two significant macroeconomic catalysts this week: the incoming Federal Open Market Committee’s (FOMC) interest rate decision on Wednesday and a potential trade deal between the US and China, which could come as soon as Thursday. Crypto investor sentiment recovered on Monday from “fear” to “neutral” territory after reports emerged…
Gold’s Biggest Sell-Off Ever Could Fuel Bitcoin’s Next Bull Run to $200K
How the gold rush ended in October 2025 After a significant rally that pushed gold prices above $4,300 per ounce, the metal reached a historic milestone driven by strong safe-haven demand. By October 2025, the market began experiencing profit-taking. Gold prices fell by more than 2% on Oct. 17, 2025, immediately after reaching the milestone. At the time of writing, spot gold was trading at around $4,023 per ounce: an 8.1% decline from the all-time high of $4,378.69. The primary trigger for the decline was easing US-China trade tensions after…
Mt. Gox Repayment Delay Extends Market Uncertainty Into 2026
One of the world’s first crypto exchanges, the now-defunct Bitcoin exchange Mt. Gox, has again postponed repayments to creditors, this time until October 2026. According to a Monday announcement, Mt. Gox postponed customer repayments to Oct. 31, 2026. The notice came just four days before its Oct. 31, 2025, deadline. According to the announcement, the trustee said that while most base, early lump-sum, and intermediate repayments had been completed for creditors who filed the necessary paperwork, many others have yet to receive funds. “As it is desirable to make the…
Crypto Funds See $921M Inflows As Inflation Data Fuels Rally
Cryptocurrency investment products regained momentum last week as investor confidence improved following lower-than-expected US inflation data. Crypto exchange-traded products (ETPs) saw $921 million of inflows last week, more than offsetting the $513 million in outflows from the week before, CoinShares reported Monday. The main driver behind the bullish trend in the crypto fund market was renewed confidence in further US rate cuts, bolstered by lower-than-expected CPI data released on Friday, according to CoinShares’ head of research, James Butterfill. The Consumer Price Index surged by 0.3% in September, putting the annual…
Bitcoin Fear & Greed Index Turns Positive As Bitcoin Selling Pressure Wanes
The Crypto Fear & Greed Index finally clawed its way out of the “fear” zone on Sunday, resolving to neutral for the first time in more than two weeks as the price of Bitcoin surged back to around $115,000 over the weekend. The Crypto Fear & Greed Index, which measures overall market sentiment, is currently sitting in the “neutral” zone with a score of 51 out of 100. It’s up 11 points from the fearful score of 40 on Saturday, and also up over 20 points since last week, marking…