Category: Reviews

Coinbase Expands India Presence With CoinDCX Investment

Key Notes Coinbase plans to strengthen its footprint in India with a fresh investment in CoinDCX. CoinDCX reports strong growth with over 20 million users and ₹1,179 crore revenue. The move shows India and the Middle East as rising crypto markets. Coinbase has announced a fresh investment in CoinDCX, one of India’s biggest cryptocurrency exchanges. The move marks another step in the company’s plan to grow across India and the Middle East. With millions of people already using digital assets in both regions, Coinbase says it wants to help strengthen…

China Merchants Subsidiary Tokenizes $3.8B Fund on BNB Chain

Key Notes CMBIAM partnered with distributor DigiFT and tech provider OnChain to launch its top-performing money market fund on the BNB Chain ecosystem. The fund, ranked #1 in its APAC peer group by Bloomberg, is now accessible to accredited investors as CMBMINT and CMBIMINT tokens. This move deepens BNB Chain’s RWA ecosystem, which already includes major financial institutions like Franklin Templeton, Circle, and Ondo Finance. CMB International (CMBIAM), a subsidiary of China Merchants Bank, has launched its $3.8 billion USD Money Market Fund on BNB Chain BNB $1 189 24h…

Ethereum Could Soar as Supply Hits Multi‑Month Low

Key Notes Over 40% of all Ether is now out of circulation amid record institutional demand. Supply locked in staking, ETFs, and treasuries has created a major supply vacuum. Ether exchange reserves continue to fall, with analysts eyeing a bullish trajectory. The price of Ethereum ETH $4 124 24h volatility: 3.8% Market cap: $497.04 B Vol. 24h: $55.45 B may be getting ready for a major breakout as available supply drops sharply amid a surge in institutional accumulation. According to analyst “Crypto Gucci,” Ethereum has never experienced a market cycle…

Ripple’s Africa Strategy Expands With Absa Bank Custody Deal

Key Notes Ripple’s 2025 Africa strategy includes payments via Chipper Cash, its RLUSD stablecoin with VALR, and now custody with Absa Bank. The new partnership will provide institutional-grade custody for tokenized assets to Absa Bank’s customers in South Africa. These strategic developments occur as XRP faces significant order book resistance at $2.60, with major support indicated at $2.40. Ripple XRP $2.50 24h volatility: 1.9% Market cap: $149.91 B Vol. 24h: $5.86 B , a provider of digital asset infrastructure, announced on Oct. 15 its partnership with Absa Bank to provide…

Cathie Wood’s Ark Files for New Bitcoin ETFs as Inflows Return

Key Notes Ark Invest files multiple new Bitcoin ETF applications with the SEC. Products include yield-focused and downside-protected Bitcoin funds. The move follows strong inflows into spot Bitcoin ETFs amid renewed demand. Cathie Wood’s investment firm, Ark Invest, has filed several new Bitcoin ETF BTC $112 697 24h volatility: 0.9% Market cap: $2.25 T Vol. 24h: $84.70 B applications with the U.S. Securities and Exchange Commission (SEC). This comes as the regulatory agency approaches key October deadlines for several pending altcoin ETF approvals. According to the preliminary prospectuses filed on…

Crypto OG Roger Ver Settles US Tax Charges with Nearly $50M Deal

Key Notes Ver’s settlement covers alleged tax evasion of $48M tied to Bitcoin holdings he held before renouncing US citizenship in 2014. The agreement allows charges to be dismissed after one month if Ver meets all payment obligations to federal prosecutors and the IRS. Ver’s case concludes amid broader policy shifts that include SEC dropping suits against major exchanges and pardons for crypto figures. Roger Ver, an early backer of Bitcoin BTC $113 038 24h volatility: 2.4% Market cap: $2.25 T Vol. 24h: $90.23 B and a prominent figure in…

Stripe Launches USDC Recurring Subscription Payments on Polygon, Base

Key Notes Smart contracts enable wallet authorization for automatic recurring debits, eliminating manual transaction approvals for each payment cycle. Bridge subsidiary applies for OCC national bank trust charter, joining Circle, Ripple and Paxos in pursuing federal regulation. Stablecoin market reaches $293 billion capitalization with $3.7 trillion monthly transfers across 29 million active addresses. Financial technology company Stripe announced on Oct. 14 that it has introduced recurring subscription payments using USD Coin USDC $1.00 24h volatility: 0.0% Market cap: $76.13 B Vol. 24h: $26.65 B for businesses in the United States.…

Tether Pays $299.5M to Settle Celsius Bankruptcy as CEO Paolo Ardonio Targets $20B Fundraise

Key Notes The settlement represents one of the largest crypto bankruptcy recoveries in recent US history involving offshore entities. Tether’s USDT dominates with $180B market cap and $5.7B H1 2025 profit, outperforming Circle by 8000%. The fundraise aims to expand operations amid growing competition from Trump-backed USD1 and Ripple’s RLUSD stablecoins. On Oct. 14, the Blockchain Recovery Investment Consortium (BRIC), a joint venture between GXD Labs and VanEck, announced a $299.5 million settlement with Tether in connection with the Celsius Network bankruptcy case. The lawsuit, filed in the US Bankruptcy…

BlackRock CEO Larry Fink Declares “Tokenization of All Assets” Era Has Begun

Key Notes BlackRock targets $4.1 trillion in digital wallets through asset tokenization, converting traditional products into digital formats. Ethereum ETFs experienced $428.5 million in net outflows on Oct 13, with BlackRock contributing $19.1 million to the selloff. Bitcoin maintains position above $112K support level despite short-term bearish pressure and technical indicator divergence. BlackRock CEO Larry Fink stated the financial industry is at “the beginning of the tokenization of all assets” during an Oct. 14 interview on CNBC’s Squawk on the Street. The comment came as the firm’s iBIT Bitcoin ETF surpassed…

US Authorities Move to Seize $14B in Bitcoin Linked to Chinese Hacker

Key Notes Federal authorities traced cryptocurrency flows through major exchanges into cold storage wallets controlled by Zhi’s associates. The US government now holds 198,012 BTC valued at $22.25 billion, representing nearly 0.943% of Bitcoin’s total supply. A 2025 Executive Order established framework for integrating future crypto seizures into a national Bitcoin Strategic Reserve. The United States has filed a civil forfeiture complaint seeking the seizure of 127,271 Bitcoin BTC $113 370 24h volatility: 1.3% Market cap: $2.25 T Vol. 24h: $86.78 B , worth about $14 billion, linked to Chinese…