Category: crypto

Uniswap has processed $1 billion in combined stock-token volume on Robinhood Chain, with founder Hayden Adams expecting trading volume to eventually reach $1 trillion. The chain, launched on July 1, allows for trading of tokenized stocks tied to US-listed companies. Robinhood Stock Tokens remain unavailable to US investors.

A testnet deployer using Kraken’s name has whitelisted 10 wallets and tested three compliance controls, indicating that Kraken may be experimenting with a permissioned HIP-3 market. The connection between Kraken and the test remains unconfirmed, and the test could allow for a permissioned market while still using Hyperliquid’s infrastructure.

BitMine Chairman Tom Lee predicts that Ethereum will outperform Bitcoin in the current cycle, with BitMine showing an 80% correlation with ETH. BitMine holds a significant amount of ETH and is seen as an indirect route to Ethereum for investors. Lee expects tokenization and AI applications to drive Ethereum’s performance. US-listed Ethereum ETFs have seen…

Galaxy Research believes that the SEC’s proposed Reg Crypto framework could provide an official way for existing tokens to move away from investment contract status. The proposal includes a safe harbor that could be used by 475 issuers annually, allowing for offerings of up to $5 million or $75 million. Public comments are due by…

Billionaire investor Ray Dalio recommends holding gold and some Bitcoin amidst the U.S. federal debt crossing $40 trillion and Bitcoin rallying towards $80,000. He advises diversifying investments across asset classes and countries with strong finances, while limiting exposure to debt assets like bonds. Treasury plans to double long-dated debt buybacks.

Bitget CEO Gracy Chen believes the U.S. government is unlikely to buy Bitcoin for its reserve before President Trump leaves office. The Executive Order created a Strategic Bitcoin Reserve in 2025, with the Treasury Department holding forfeited BTC. The order does not allow sales, but additional acquisitions would require congressional authorization. In July, U.S.-linked wallets…

Canton Network has been selected for a US benefits pilot with Digital Asset and the American Idea Foundation in early 2027, pending federal approval. The RISE program aims to combine benefits into monthly payments, utilizing Canton’s technology to distribute and monitor funds. Participating states and programs are yet to be disclosed.

Coinbase CEO Brian Armstrong believes Bitcoin is beginning a new bull cycle as it trades above $72,000 before a key U.S. Senate vote on crypto legislation. Armstrong sees the Senate’s action on the Digital Asset Market Clarity Act on September 15 as crucial, while also predicting a long-term price of $300,000 to $400,000 for Bitcoin…

28 dormant Bitcoin wallets transferred a total of 1,314.41 BTC worth $94.03 million within 24 hours, with most of the activity involving matching amounts. The wallets created in 2014 accounted for 92.4% of the total. The transfers moved coins from legacy to newer address types, with no known exchange connection.

Franklin Templeton has received U.S. regulatory approval to include its $726 million tokenized money-market fund in traditional mutual funds and ETFs as early as the fourth quarter. The fund, known as FOBXX, can be used as a portfolio holding, cash position, or collateral within Franklin’s registered funds.