Articles for category: Crypto

October 2, 2025

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TON CEO Dismisses Concerns Over Digital Asset Treasury Bubble

In light of the recent surge in corporate digital asset treasuries (DATs), concerns regarding a potential bubble have surfaced among investors and market analysts. However, Veronika Kapustina, CEO of TON Strategy, offers a more optimistic outlook, emphasizing a positive long-term trajectory for this emerging financial segment. Speaking during the Token2049 conference in Singapore, Kapustina acknowledged the appearance of a bubble, stating, “All the indicators look like it’s a bubble.” She elaborated that, unlike previous financial bubbles observed in both cryptocurrency and traditional finance, this situation stems from the unique characteristics inherent to digital asset treasuries. Kapustina characterized DATs as a

October 2, 2025

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1inch and Coinbase Team Up to Bring On-Chain Token Swaps to a Wider Audience

In a significant development for decentralized finance, 1inch, a leading DeFi aggregator, has announced the integration of its Swap API into the Coinbase app, which serves a massive user base of around 120 million each month. This partnership, revealed on Wednesday, allows Coinbase users to execute non-custodial token swaps directly from their own wallets via the platform’s decentralized exchange (DEX) feature. This collaboration represents 1inch’s largest engagement with a U.S. client to date, illustrating the growing importance of integrating DeFi functionalities into mainstream platforms. With a user base of 25 million and a daily trading volume exceeding $500 million, 1inch

October 2, 2025

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Robinhood CEO Envisions Tokenization as the Future of Finance

SINGAPORE — At the Token2049 conference in Singapore, Vlad Tenev, CEO of Robinhood, delivered a compelling message about the future of finance and technology. He described tokenization as a rapidly approaching phenomenon, set to revolutionize the traditional financial landscape. Tenev characterized tokenization as a “freight train” speeding towards the core of established financial systems, emphasizing that the lines between cryptocurrency and traditional finance are destined to blur. “Crypto and traditional finance have been living in separate worlds, but they’re on a path to merge completely,” he observed. “In the foreseeable future, virtually all assets will transition to on-chain formats, rendering

October 2, 2025

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Bitcoin Soars to Seven-Week Peak as October Brings Crypto Rally

The cryptocurrency market is experiencing a robust surge, with Bitcoin reaching a seven-week high as October gets underway, a month historically known for its bullish trends in the crypto space. The price of Bitcoin (BTC) has appreciated by 4% in the last 24 hours, climbing to $119,450 on Coinbase during early Thursday trading, according to data from TradingView. This marks Bitcoin’s highest price point since mid-August, when it began a downward correction from its previous all-time highs. Following this significant upswing, Bitcoin has successfully surpassed the critical resistance level of $117,500. However, further resistance is anticipated around the $120,000 mark.

October 2, 2025

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Senator Wyden Intensifies Investigation into Pantera Capital’s Dan Morehead and Tax Allegations

U.S. Senator Ron Wyden, the leading Democrat on the Senate Finance Committee, is ramping up his investigation into Dan Morehead, the founder of Pantera Capital, amid allegations of tax evasion linked to his relocation to Puerto Rico. This inquiry has been underway since January and focuses on how Morehead reported taxes related to substantial profits from the firm’s cryptocurrency sales. At the center of the scrutiny is a reported over $1 billion in capital gains from Pantera’s crypto transactions, with Wyden questioning whether Morehead misrepresented his residency status to benefit from Puerto Rico’s favorable tax laws. Notably, residents of the

October 1, 2025

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GENIUS Act Reshapes Stablecoin Landscape: Creative Strategies Emerge for Yield Generation

In a significant development for the U.S. stablecoin market, the GENIUS Act, which was enacted in mid-July, has introduced new challenges for yield programs associated with these digital assets. While the act aims to impose stricter regulations on stablecoin yields, industry experts suggest that innovative strategies may continue to facilitate returns for investors. The stablecoin sector has seen remarkable growth in 2025, with its total market capitalization rising to $297 billion—an increase of nearly 50% from $206 billion at the beginning of the year, as reported by DeFiLlama. New entrants like PayPal’s PYUSD are enticing users with yield offerings, while

October 1, 2025

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Bitcoin’s Next Move: Will Gold’s Surge Open the Gates for New Highs?

Recent trends in the financial markets reveal a notable divergence between traditional assets and the largest cryptocurrency, Bitcoin (BTC). As stock markets reach new heights and gold prices surge past $3,900, Bitcoin has been notably stagnant, oscillating between $100,000 and $120,000 for nearly three months since its record-breaking run in late summer. This pattern of behavior aligns with historical correlations observed between Bitcoin and gold. Both assets have shown a tendency to take turns in their price movements, with Bitcoin often entering a consolidation phase when gold experiences a breakout. Conversely, Bitcoin tends to gain momentum when gold settles or

October 1, 2025

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Travis Hill Nominated by Trump to Lead the FDIC Amid Promises of Digital Asset Guidance

US President Donald Trump has officially nominated Travis Hill, the acting chair of the Federal Deposit Insurance Corporation (FDIC), to take on the role as the agency’s permanent head for a five-year term. The nomination was submitted to the Senate Banking Committee on Tuesday, signaling a significant move in the regulatory landscape. Before his interim appointment, Hill spoke candidly about the need for the FDIC to provide clearer guidelines surrounding digital assets and tokenization. His advocacy for regulatory clarity in the crypto sector includes addressing misconceptions regarding the treatment of cryptocurrency-related companies by US authorities. He has consistently emphasized that

October 1, 2025

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New GENIUS Act Challenges Stablecoin Yields as Issuers Seek Innovative Solutions

In a significant turn for the U.S. stablecoin landscape, the recently enacted GENIUS Act is exerting considerable pressure on yield-bearing programs. While the law aims to clarify regulations around stablecoin earnings, industry analysts suggest that various workarounds could help issuers maintain returns for users. As of 2025, the stablecoin market has seen phenomenal growth, with total market capitalization skyrocketing to $297 billion—up nearly 50% from $206 billion at the start of the year, according to data sourced from DeFiLlama. Stablecoins like PayPal’s PYUSD are leveraging yield incentives to attract users, while others, such as Ethena Lab’s USDe, offer high-risk returns

October 1, 2025

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Surge in Canton Network Activity as Major Exchanges Engage as Validators

Copper Research has reported a remarkable increase in activity on the Canton Network, a blockchain ecosystem specifically designed for regulated financial transactions. Notably, the network’s validator roster has expanded to include several prominent U.S. cryptocurrency exchanges, alongside traditional banks and financial infrastructure firms. In the year following its launch, the Canton Network has achieved unprecedented growth, outpacing other institutional blockchains. This success can be attributed to significant backing from financial giants such as Goldman Sachs, HSBC, and Broadridge, according to a report published on Wednesday by the crypto custody firm. Broadridge, noted for its extensive financial services, processes over $5.9