Goldman Sachs, a financial institution with a market value of $3 trillion, is expanding its digital asset activities. The firm is focusing on trading, crypto lending, and tokenization, as announced by Mathew McDermott, the global head of digital assets, at the TOKEN2049 conference. The bank's increased involvement in Bitcoin and other cryptocurrencies comes as clients show eagerness to engage with these assets. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Ripple’s recent transfer of 1 billion XRP sets the stage for potentially bullish market movements as liquidity signals begin to shift positively. Ripple’s $1 billion XRP reallocation and rising NVT
Summary Riot Platforms' Q1 report showed revenue doubling year-over-year, but rising costs and weak technical indicators keep the stock in a long downtrend. The stock's correlation to Bitcoin is weak, making it an unreliable proxy for Bitcoin exposure; better alternatives exist for Bitcoin exposure. Riot's future hinges on its AI/HPC data center project, but Wall Street remains skeptical, reflected in the stock's low valuation. With high short interest and no strong catalysts for upside, Riot is a hold; its Bitcoin treasury story isn't driving share prices higher. Bitcoin miner Riot Platforms ( RIOT ) reported first quarter earnings on Thursday night, and the stock’s reaction has been pretty muted thus far. The stock has, quite interestingly, somewhat decoupled from the price of Bitcoin itself. That’s curious given the company’s business is nearly wholly reliant upon farming and holding Bitcoin. And given this, it appears the Q1 report is not enough to pull Riot out of the long, painful downtrend it’s been in. Let’s dig in. Will support hold? That’s the key question here, as the stock is just under $8 as of this writing. We can see extremely consequential support in the area of ~$6.35, which was the low from last September, and then again in April of 2025 (twice). That’s the line in the sand, and I think if you’re interested in Riot, you can trade against that level. The nearer it gets to that price, the more attractive it is. It’s also a great area to place stop losses in the event you’re wrong. StockCharts From a purely technical perspective, there really isn’t much to like here. We have a very clear downtrend, the moving averages are moving lower, and price is below the declining 50-day SMA. The RSI hasn’t seen 60 in months, and the PPO is still firmly in negative territory. The momentum picture has been improving off of really awful levels, but not so much that it looks like accumulation is taking place. Things that would imply accumulation is occurring would be the RSI staying above 60 for at least a few trading days, and the PPO staying above the centerline for at least a few days. We’d likely see the RSI crest 60 before the PPO going positive, so it's something to watch for. We don’t have those yet, so I don’t really like the chart here. As I mentioned above, if you’re buying Riot for exposure to Bitcoin, the below may disappoint you. I’ve plotted the 20-day rolling correlation of Riot and Bitcoin, and we can see it’s only 0.66 today. StockCharts But that’s not unusual, and we have even seen negative readings at times. That means that over any given one-month trading period, Riot and Bitcoin have in the past become completely uncorrelated. The conclusion we can draw from this is that one should not buy Riot for exposure to Bitcoin prices. If that’s the reason you’re interested in the stock, I’d look elsewhere as the relationship here is loose. Another way to view this is that Riot’s price relative to the price of Bitcoin has just continuously declined over the years. This is a five-year chart of Riot’s price relative to Bitcoin. Riot receiving a higher valuation relative to Bitcoin makes this line go up, and the inverse makes it go down. StockCharts Riot’s valuation on this basis has never been lower than it is today (give or take), so again, Riot’s exposure to Bitcoin price upside has been hard to come by. That’s counterintuitive given the company holds a huge amount of Bitcoin, but we cannot argue with facts. With a weak technical picture, let’s now turn our attention to the fundamentals of the earnings report. Rising Bitcoin prices, but rising costs, too Riot’s Q1 showed revenue of $161 million, which was just over double what it was a year ago. That was also very slightly ahead of estimates. The company’s loss came in at $296 million for the quarter, but Bitcoin miners and holders have accounting rules that cause massive swings in “earnings” from the value of their holdings. The company produced 1,530 Bitcoin during the quarter, which was up from 1,364 in the year-ago period. The average cost to mine, excluding depreciation, was $43,808 per coin, which was almost double what it was a year ago. Investor presentation Riot ended the quarter with just over 19k Bitcoin, worth about $1.9 billion at today’s price. With Riot’s market cap at $2.7 billion, the Bitcoin stash is obviously of massive importance. In theory, if Bitcoin rises over time, Riot becomes more valuable as a company. However, keep in mind that in reality, Riot’s correlation to the price of Bitcoin is loose at best, so this bull case may not play out. That’s a truly significant risk to owning Riot in my view. Looking forward, Riot is forecasting little growth in its mining capacity for the balance of the year. Investor presentation It’s at ~34 EH/s today, and is looking at ~38 EH/s by the end of the year. The company thinks that will be good enough to maintain its ~4% market share, but as the network grows all the time, and the big miners voraciously add capacity, it would be reasonable to assume that we see Riot gradually cede small amounts of scale relative to its competitors. That is not good for mining costs, so another potential headwind presents itself. Riot also saw its engineering revenue rise from $4.7 million a year ago to $13.9 million this Q1. The company is betting heavily on its Corsicana project, and the potential AI/HPC data center capacity that promises to bring. I like the diversification and using the company’s expertise and assets for a different purpose, but this is a capex-heavy and uncertain endeavor with big stakes. Riot sees this coming online sometime next year, and the hope is that Riot would serve the deep-pocketed AI Hyperscalers. Investor presentation Corsicana alone is going to cost another ~$94 million for the balance of this year, with total remaining capex at ~$156 million. To be fair, Riot has already funded this capex in full so there are no financing concerns. But this is a significant investment to say the least. It could work out beautifully, and Riot could become a preferred provider for Hyperscalers. Or, pricing and/or demand could come in weaker than expected and make the payback period on the company’s capex much longer. We’ll have to wait and see but Riot’s future success hinges upon this to a meaningful degree. My conclusion on this is that if Wall Street were super optimistic about Riot’s AI/HPC future, the stock would be reflecting that. We’ve seen countless examples (Tesla being one) where companies are valued upon the hopes and dreams of the future. Riot has a clear plan and is putting that plan into action, and yet the stock is making new lows. I’d interpret that to mean that Wall Street is skeptical of the potential of this exercise, because wouldn’t institutional investors otherwise be bidding the stock higher? Wrapping up With Riot’s short interest in the mid-20s, and zero signs that big investors are interested in owning this name, I’m at a hold rating for now. The Q1 report showed measured progress against goals we already knew the company had, and that’s fine. I don’t see any big catalysts for upside here as the Bitcoin treasury story simply isn’t working. That doesn’t mean it won’t at some point, but let’s examine the evidence. The idea is that holding Bitcoin should produce higher share prices over time as the value of Bitcoin rises. We saw above that Riot’s correlation to Bitcoin isn’t great, and its valuation against the price of Bitcoin has done nothing but go down. We can also use tangible book value as a measure of this as Bitcoin holdings are part of that. Riot’s price to tangible book value is also making new lows and is currently under 1. That implies that – theoretically – Riot could liquidate and create more value than how the market is valuing the company today. Seeking Alpha It’s hard to argue Riot is quite cheap on this measure, so I won’t. But my point is this; where’s the catalyst for this to improve? In other words, what is going to change to suddenly make this valuation go back up? I can’t answer that for now. It’s also quite interesting that Riot is attempting to employ a modified strategy to that of MSTR, the OG Bitcoin HODLer, which has an enormous P/TBV. Seeking Alpha MSTR’s currently P/TBV is over 5, which is 5.7X that of Riot’s valuation. MSTR’s P/TBV has come down significantly over the past few months but is on the move higher again. I am fully aware the models are not exactly the same, but they’re pretty similar in that both derive a significant amount of their worth from Bitcoin holdings. The only conclusion I can draw from this is that if you’re interested in owning Bitcoin exposure, I don’t think Riot is the way to go about that. You can buy Bitcoin, any exchange-traded product that tracks Bitcoin, or even MSTR if you’re looking for Bitcoin exposure. Out of those options, I think Bitcoin itself (or a well-constructed ETP that tracks it) is the way to go. Riot’s outlook is clouded by a significant strategy shift that may or may not work, and the reality is that the market is not valuing its Bitcoin holdings like they do for MSTR. Riot is way too cheap to have a sell rating, but I don’t see any reason to buy. It’s a hold for now.
Tether Posts $1 Billion in Profit in First Quarter | Strategy to Raise Another $21B for Bitcoin Buys Despite Posting $4.2B Q1 Loss | U.S. Senate Takes First Step Toward Regulating Stablecoins With GENIUS Act Vote
With Bitcoin (BTC) setting the tone heading into 2025 , its trajectory is poised to steer the entire market. But what about the altcoins? Traders are closely eyeing XRP and Solana (SOL) for signs they can ride the wave—or possibly outperform. Quietly rising through the noise, however, is MAGACOINFINANCE —a high-momentum pre-sale that’s drawing attention from serious investors looking for asymmetric upside. CURRENT PRICE – $0.000245 – LISTING PRICE $0.007 -PRE-SALE SELLING OUT! MAGACOINFINANCE – SECURE YOUR SPOT BEFORE IT’S GONE Unprecedented Growth Potential MAGACOINFINANCE is building momentum at a rapid pace. With a max supply of 100 billion tokens , structured tokenomics, and a fast-moving pre-sale, it’s creating real urgency in the market. Its DeFi-driven design, upcoming exchange listings, and growing community have positioned it as one of the most exciting early-stage projects of the year. ACT NOW – GET 50% EXTRA BONUS WITH CODE MAGA50X Investors using promo code MAGA50X during checkout unlock a 50% bonus instantly. With a pre-sale entry point still below $0.0003 and a listing target of $0.007 , projections suggest a potential 6,200% ROI for early buyers. This bonus window won’t last long. LINK, DOT, MATIC, and ADA: Building Steady Momentum Chainlink (LINK) – Now at $13.85 , LINK continues to lead in oracle infrastructure for smart contracts across the DeFi ecosystem. Polkadot (DOT) – Priced at $4.13 , DOT supports cross-chain connectivity and parachain development across Web3. Polygon (MATIC) – At $0.209 , MATIC is one of Ethereum’s go-to scaling layers, driving both speed and cost-efficiency. Cardano (ADA) – Holding at $0.71 , ADA continues expanding its smart contract ecosystem and technical research base. ACT NOW – JOIN THE BIGGEST PRE-SALE IN HISTORY! Conclusion Bitcoin , XRP , and Solana are expected to dominate the spotlight—but MAGACOINFINANCE is setting up to outperform them in one key area: early-stage ROI. With a 50% token bonus , a powerful pre-launch setup, and a forecasted 6,200% return , this is the one project offering an elite entry window before it goes mainstream. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Bitcoin’s 2025 Roadmap—Can XRP and Solana Follow Its Path?
The post Tether’s New U.S. Stablecoin Set to Launch Amid Trump’s Pro-Crypto Push appeared first on Coinpedia Fintech News Speaking at the Token2049 conference in Dubai , Tether CEO paolo ardoino paolo ardoino Paolo Ardoino is the Chief Technology Officer at Bitfinex, founded by iFinex in 2012. Ardoino became majorly concerned with cryptography and discovered distributed systems while undergoing research for a military project and later moved to London in 2013 where he founded Fincluster, a technology startup that built a cloud-based Financial Service Application for Fund Managers and Institutions. Ardoino began his career as a senior software developer at Bitfinex in 2014. After two years, he was promoted to Chief Technology Officer. Ardoino also serves as the commander, Bitfinex underwent a banner year in 2020, where they launched a staking service, institution-grade custody services, an open-source peer-to-peer streaming protocol, and a market surveillance tool, all under the technical supervision of Paola Ardoino under Ardoino Tether's stablecoin, USDT has grown to become the first and largest United States and dollar-backed Stabelcoin by market capitalization. In the year 2017, Ardoino became the Chief Technology Officer of Tether, founded in the year 2014. Moreover, the exchange made headlines for creating one of the largest Bitcoin transactions ever. In 2022 Arduino worked with Michele Foletti, the mayor of Lugano Switzerland, to accept Tether and other Cryptocurrencies for municipal payments. Under Arduino Tether has aimed to support the country's Bitcoin adoption which aims to raise $1 billion. Personal Details: Born: Italy 1984Organization: SwissBorg, Bitfinex.Location: Lausanne, SwitzerlandGraduation: Paolo holds a degree in Computer Science and Engineering from the University of Genoa Experience: Chief Executive Officer at Tether. to from Dec 2023 to presentChief Technology Officer at Tether.to from Dec 2017 to Apr 2024Chief Technology Officer at Bitfinex from Mar 2015 to presentSenior Software Developer at Bitfinex from Oct 2014 to Feb 2015Chief Strategy Officer at Holepunch from Jan 2020 to presentPartner at Fincluster from 2012 to 2015Senior Full-Stack Developer at Swiss-based Asset Manager from 2010 to 2012Co-Founder at Involutive snc from Jan 2007 to Apr 2009Senior Software and Web Developer at Freelance Consultant from 2003 to 2008Ardoino is one of the Top Blockchain Speaker as he actively takes part in the development of Blockchain Technology Entrepreneur Developer/Programmer Finance Chief Technology Officer revealed the company is exploring a U.S.-only stablecoin and a blockchain-based payment system tailored specifically for American users. A Strategic Shift Backed by U.S. Crypto Policy This move aligns with the Trump administration’s pro-crypto stance , which aims to position the United States as a global leader in digital asset innovation. Tether is now leveraging this regulatory tailwind to develop tools that can bridge traditional finance and crypto adoption in the U.S. Ardoino explained that while USDT is used globally as a savings instrument, the new U.S.-based stablecoin would function more like a digital checking account. This signals a broader vision—integrating stablecoins into everyday transactions rather than just for storing value. Tether is working closely with U.S. law enforcement and pursuing a full financial audit from major accounting firms to ensure transparency and regulatory compliance. Tether’s Push Comes As Congress Eyes Stablecoin Regulation Tether’s move coincides with U.S. Congress reviewing new legislation aimed at regulating stablecoins , potentially giving local issuers a clear legal framework. This could provide the ideal environment for Tether’s expansion. By taking a compliant-first approach, Tether is placing itself at the heart of upcoming regulatory frameworks while continuing to grow its market influence. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : USDT Issuer Tether Reports $1 Billion Q1 Profit, Marking Sharp Drop from Previous Quarter , Could This Spark Mass Crypto Adoption? The launch of a U.S.-exclusive Tether stablecoin may accelerate mainstream cryptocurrency adoption by instilling more trust and usability among American consumers. It could also serve as a model for other fintech companies looking to enter the digital asset space under friendly regulations. This new offering could redefine how Americans interact with stablecoins—shifting from speculation to utility in daily finance. What’s Coming Next? According to Ardoino , the new stablecoin could launch by the end of this year or early next year. The move is expected to shake up the stablecoin landscape, introducing fresh competition and innovation in the U.S. market.If successful, Tether’s U.S. stablecoin will not only strengthen its leadership in the crypto space, but also inspire more firms to expand in the country amid favorable policy shifts. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Bitcoin's projected 2025 valuations range from $122,000 to $700,000. Institutions see Bitcoin as a hedge against inflation and currency instability. Continue Reading: Institutions Bet Big: Bitcoin’s Price Projections for 2025 Keep Climbing The post Institutions Bet Big: Bitcoin’s Price Projections for 2025 Keep Climbing appeared first on COINTURK NEWS .
The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. After experiencing downward pressure attributed to Donald Trump’s tariff policies, which triggered a sell-off across both the stock and digital asset markets, Bitcoin’s resurgence showcases a renewed bullish appetite among investors. Bitcoin Rebounds With $3.2 Billion In ETF Inflows To close the first quarter of the year, Bitcoin faced a steep decline, dropping as much as 30% toward $74,000 after hitting a record high of approximately $109,000 on January 20, coinciding with Trump’s second inauguration as President of the United States. However, the market has seen Bitcoin climb as much as 3.1% to reach a weekly high of $97,483, marking the highest level since February 21. The last time Bitcoin crossed the $100,000 threshold was on February 7. Related Reading: Dogecoin Could Hit $1.42 This Cycle In Bull Case, Says 21Shares This upward movement comes amid a shift in market dynamics, particularly in the spot markets, where demand has increased. This suggests a transition towards momentum trading, rather than the previous trend driven primarily by macroeconomic factors such as inflation and tariffs. Exchange-traded funds (ETFs) tracking Bitcoin and Ethereum (ETH) have attracted significant inflows, with over $3.2 billion entering the market last week alone. Notably, BlackRock’s Bitcoin Trust ETF (IBIT) recorded nearly $1.5 billion in inflows, marking its highest weekly intake for the year, according to data from Bloomberg. ETH Eyes Recovery Toward $2,000 Demand for upside options has also surged in the market, with call options at the $100,000 strike price exhibiting the most open interest across various expiration dates, according to Coinglass and data from the largest crypto options exchange, Deribit. “Market sentiment has broadly shifted in favor of momentum-based trades fueled by spot demand, as BTC breaches levels not seen since early February,” stated Chris Newhouse, director of research at Ergonia, a decentralized finance (DeFi) trading firm. “BTC continues to shift between correlations with gold and equities, highlighting a more nuanced relationship with macroeconomic factors balanced by short-term momentum and spot demand,” Newhouse further told Bloomberg. Related Reading: XRP Price Macro Channel Breakout That Puts Targets At $17-$55 Ethereum, on the other hand, has shown a steady recovery over the past week, reinforcing its status as a key player in the decentralized finance sector and smart contract platforms, and regaining the foothold lost in the first quarter of the year. Improvements from Ethereum’s scalability upgrades, including the transition to Ethereum 2.0, have boosted performance and made the platform more attractive to developers and users. However, this has not translated into year-to-date gains for the second largest cryptocurrency compared to its peers, with losses of up to 36% over the period. Despite this, the price of ETH has seen a 14% surge in the fourteen day time frame, regaining the $1,800 level as a key support to boost the potential for further recovery towards $2,000. Featured image from DALL-E, chart from TradingView.com
The world of finance is witnessing a seismic shift, and traditional giants are increasingly stepping into the arena of digital assets. Recent news from TOKEN2049 in Dubai highlights a significant move by one of the most prominent names in banking: Goldman Sachs. If you’re interested in the evolving relationship between Wall Street and cryptocurrencies, this development signals a major acceleration in institutional crypto adoption. Goldman Sachs Crypto: What’s Driving the Expansion? According to Mathew McDermott, Goldman Sachs’ global head of digital assets, the firm is set to significantly broaden its involvement in the cryptocurrency space. Speaking at the high-profile TOKEN2049 event, McDermott indicated that the bank is not just dipping its toes but planning a deeper dive into various crypto-related activities. The primary driver behind this expansion is clear: client demand. McDermott noted that a growing number of Goldman Sachs’ clients are expressing a strong desire for greater engagement with crypto markets. This isn’t just casual interest; clients are actively seeking the bank’s expertise and infrastructure to navigate the complexities of digital assets. This push from the institutional side is a critical factor influencing Goldman Sachs’ strategy. Broadening Horizons: Where is Goldman Sachs Focusing? The expansion isn’t limited to a single area. Goldman Sachs is reportedly targeting several key pillars within the crypto ecosystem: Expanding Crypto Trading: The firm already has some presence in crypto derivatives trading, particularly Bitcoin futures. The announcement suggests an intent to potentially increase the volume, range of assets, or types of trading services offered to clients. Increased crypto trading activity by a major bank like Goldman Sachs could bring more liquidity and sophistication to the market. Increasing Investment in Crypto-Based Lending: Crypto lending involves using digital assets as collateral for loans, or lending out crypto holdings to earn yield. While this area faced challenges in recent market downturns, institutional interest in regulated and secure lending platforms remains. Goldman Sachs’ investment here could involve developing their own platforms or partnering with existing compliant providers. Boosting Tokenization Efforts: Tokenization is the process of issuing a digital token on a blockchain that represents ownership of an underlying asset. This could be anything from real estate and art to traditional financial instruments like bonds or equities. Goldman Sachs has been exploring tokenization for some time, particularly for facilitating faster and more efficient settlement of traditional assets. This expansion suggests a commitment to making tokenized assets a more integral part of their offerings. These areas represent different facets of the digital asset landscape, indicating a comprehensive approach rather than a narrow focus. Why Does Goldman Sachs’ Move Matter for Digital Assets? Goldman Sachs is a titan of the traditional financial world. Their increased commitment to digital assets sends a powerful signal to the broader market. Here’s why this is significant: Validation: A major institution like Goldman Sachs expanding its crypto activities lends further legitimacy to the digital asset space. It suggests that they view crypto not just as a speculative novelty but as an evolving asset class with potential for institutional integration. Increased Liquidity and Capital: Greater involvement from firms like Goldman Sachs can bring substantial institutional capital and trading volume into the crypto markets, potentially increasing liquidity and reducing volatility over time. Development of Infrastructure: As traditional finance players enter the space, they often demand and help build robust, compliant, and scalable infrastructure for trading, custody, and settlement of digital assets. Regulatory Clarity: Institutional engagement often goes hand-in-hand with calls for clearer regulatory frameworks. Goldman Sachs’ push could indirectly contribute to the development of more defined rules for the crypto market. Driving Institutional Crypto Adoption: This move is a prime example of the accelerating trend of institutional crypto adoption. As more banks and financial institutions offer crypto services, it becomes easier and more attractive for pension funds, asset managers, and corporations to enter the space. The Path Forward: Challenges and Opportunities While the expansion is a positive sign for the digital asset ecosystem, challenges remain. Regulatory uncertainty continues to be a major hurdle globally. Navigating different jurisdictions’ rules on crypto trading, lending, and tokenization requires significant legal and compliance efforts. Market volatility is another factor that traditional institutions must manage carefully. However, the opportunities are substantial. Tokenization, in particular, holds the potential to revolutionize capital markets by making assets more divisible, accessible, and easier to trade. Expanding crypto trading and lending services allows Goldman Sachs to meet existing client demand and potentially attract new clients looking for integrated financial and digital asset services. Looking Ahead: What Does This Mean for Investors? For individual investors, the increasing involvement of major banks like Goldman Sachs could have several long-term implications: More Mature Market: Increased institutional participation could contribute to a more mature and stable market environment over time. Potential for New Products: As banks develop expertise, they may eventually offer new types of crypto-related investment products accessible to a wider range of investors. Improved Infrastructure: The development of institutional-grade infrastructure benefits the entire ecosystem, potentially leading to more reliable platforms and services. Goldman Sachs’ strategic decision to expand its digital assets footprint, driven by strong client demand, marks a significant moment in the convergence of traditional finance and the crypto world. Their focus on expanding crypto trading, increasing investment in crypto-based lending, and boosting tokenization efforts underscores a long-term vision for integrating digital assets into their core business offerings. This move not only validates the growing importance of cryptocurrencies but also paves the way for further institutional crypto adoption and the potential transformation of financial markets through tokenization. To learn more about the latest crypto market trends , explore our article on key developments shaping institutional crypto adoption and the future of digital assets .
Ripple moved 1B XRP as exchange reserves and liquidation signals flash bullish signs.