Category: crypto

The end of the U.S. government shutdown is expected to bring relief to the crypto market, but traders are still cautious. Bitcoin and Ethereum saw positive reactions, with Bitcoin ETFs also seeing inflows. Experts are cautiously optimistic about the market’s future after the shutdown. ETF applications are expected to play a significant role.

Mastercard’s money-movement unit is teaming up with Thunes to enable near-instant payouts to stablecoin wallets in over 200 markets. This collaboration allows financial institutions to settle transactions using regulated stablecoins on various blockchain networks, expanding Mastercard’s global network and offering new possibilities for banks and payment service providers.

The end of the government shutdown did not boost Bitcoin as expected. Instead, Treasury yields and Federal Reserve policy led to a drop in Bitcoin below $100,000. Confidence in the U.S. government increased, causing capital to move away from risk assets. The shutdown highlighted broader structural risks for Bitcoin and other assets.

The first XRP ETF had $26 million in trading volume in just 30 minutes, surpassing expectations and legitimizing XRP. The ETF launch is on track to be one of the biggest among altcoins. XRP’s price rose and then stabilized after the launch, with more XRP ETFs expected to launch in November.

Grayscale has filed for an IPO on the NYSE under the ticker symbol GRAY, following a trend of crypto companies going public in 2025. Post-IPO, Grayscale will have a dual-class share structure, with Digital Currency Group retaining control. The move aims to capitalize on the expected resurgence of the IPO market.

Hedera Foundation partners with BitGo and LayerZero to integrate WBTC, bringing institutional-grade Bitcoin DeFi to the HBAR network. The tokenized Bitcoin is backed 1:1 by BTC, allowing holders to participate in DeFi activities. With a market cap of $13 billion, WBTC on Hedera aims to unlock the next phase of DeFi adoption.

OKX has introduced in-app DEX trading for U.S. and international users. The feature allows trading of tokens on Solana, Base, and X Layer with self-custody wallets. This move aims to simplify decentralized trading by reducing technical barriers and giving users more control over their private keys.

Asset tokenization involves putting real-world assets on the blockchain, offering faster transfers and wider access. Developing nations are embracing blockchain, skipping traditional digitization. Companies are pushing for blockchain reforms in government systems. Benefits include speed, cost savings, and transparency. Governments are open to blockchain for anti-corruption efforts and cost-effectiveness.

Seismic has raised $10 million in funding led by a16z, bringing total funding to $17 million. The blockchain startup aims to address privacy barriers for fintechs using public blockchains. It plans to generate revenue through per-transaction fees and expand into fiat ramps and card programs. The industry is shifting towards blockchain privacy as a prerequisite…

The value of tokenized gold has surged to an all-time high of $3.6 billion, driven by macroeconomic risks and adoption. Tether’s XAUT and PAX Gold dominate the market. Rising macro uncertainty, including global trade disruptions and inflation fears, is increasing demand for tokenized gold as a safe haven investment.