Vaibhavv Ali
Tether, the issuer of the leading stablecoin USDT, made headlines with a significant $1 billion Bitcoin acquisition—approximately 8,800 BTC—during the third quarter of this year. However, this investment has drawn sharp caution from industry critics. Jacob King, CEO of SwanDesk, argues that Tether’s move may contribute to the “largest bubble in history.” King’s Skepticism: $1,000 … Read more
Japanese firm Metaplanet has significantly scaled up its Bitcoin treasury, announcing a purchase of 5,268 BTC for 91.6 billion Japanese yen ($623 million). This latest acquisition, made at a price of about $118,328 per coin, pushes the company’s total holdings to 30,823 BTC. According to CEO Simon Gerovich, this move establishes Metaplanet as the world’s … Read more
The Pengu meme token is attracting renewed attention after it successfully broke out of a long-term descending channel, signaling that selling pressure may be exhausted. After trading sideways for months, technical indicators now suggest a potential short-term bounce, with analysts questioning whether the token can sustain its momentum and become a major player throughout the … Read more
Stellar’s native token, XLM, has been trading sideways for several weeks, but analysts are now highlighting chart patterns that suggest an imminent, significant breakout. The consensus is that XLM is resting on critical support, setting the stage for a short-term rally to $0.41 and potentially a multi-year breakout. Short-Term Targets and Key Resistance Crypto analyst … Read more
Vanguard, the world’s second-largest asset manager with $11 trillion in funds, appears to be reversing its staunch opposition to spot Bitcoin ETFs. Despite initially refusing to offer these products on its platform when they launched in January 2024—and publishing a blog post calling crypto an “immature asset class” with “no inherent economic value” (which has … Read more
Swiss digital asset bank Sygnum has partnered with Athens-based Starboard Digital to launch the BTC Alpha Fund, a new investment vehicle designed for professional and institutional clients. The fund’s core objective is to generate yield—specifically targeting net annual returns of 8%-10%—that is paid directly in Bitcoin (BTC) coins. This structure allows investors to increase the … Read more
Shares of Bakkt Holdings (BKKT) have experienced a massive rally, jumping 17% on Tuesday and climbing more than 170% over a two-week period. This surge was primarily driven by Benchmark Company more than tripling its 12-month price target for BKKT to $40. The stock’s appreciation pushed it above the $30 mark for the first time … Read more
The Bank of Korea (BOK) has proposed stringent new regulations for issuers of won-based stablecoins, suggesting they may be required to deposit their reserve assets directly at the central bank. This proposal was submitted to the National Assembly’s finance committee on October 1, ahead of the government’s expected release of its first draft bill on … Read more
September was a significant month for TRON (TRX), marked by a surge in on-chain activity that reinforces its position as a core settlement layer in crypto. Robust Network Fundamentals TRON’s on-chain metrics show strong, non-speculative demand: Record Transactions: SunSwap transactions surpassed 30,000, hitting the highest volume this year. This indicates real utility for stablecoin settlement … Read more
The Layer-1 blockchain Aptos is expanding its stablecoin presence through a new partnership with the Trump family’s World Liberty Financial (WLFI) to deploy the USD1 stablecoin. Aptos CEO Avery Ching confirmed the collaboration, stating that WLFI views Aptos as a top technical partner. The immediate goal is to launch USD1 on the Aptos Network on … Read more