Crypto

Securitize and BNY Mellon are bringing AAA-rated collateralized loan obligations onchain, with Grove planning a $100M anchor as institutional demand for tokenized assets grows. Securitize, a real-world asset tokenization platform, has unveiled a tokenized fund designed to give investors access to AAA-rated collateralized loan obligations onchain. The fund is being developed in partnership with global investment bank BNY Mellon. According to Wednesday’s announcement, BNY will safeguard the fund’s underlying assets, while a subsidiary of the bank will manage the fund’s portfolio. With global collateralized loan obligation issuance topping $1.3 trillion, Securitize and BNY aim to bring AAA-rated floating-rate credit onchain, the company said. Read more

With less than a week until New Yorkers choose their next mayor, a political organization promoting digital assets has endorsed and spent funds supporting Andrew Cuomo. Innovate NY, a self-described “pro-digital assets” political organization funded with about $100,000 ahead of the New York City mayoral election, has backed independent candidate and former state Governor Andrew Cuomo.  In a Tuesday notice, Innovate NY endorsed Cuomo for mayor, the race for which is already in the middle of early voting. The political group cited an agenda that included “blockchain, tokenization, public-benefit stablecoins, and artificial intelligence.”  The organization, registered as an independent spender with the New York City Campaign Finance Board, was funded with $99,500 from six individuals through two companies as of Wednesday. Read more

Initial hype for the 1X NEO cooled after demos showed the robot was still fully tele-operated, sparking skepticism online.

Lookonchain data shows whales rapidly reshuffling trades amid heightened volatility across BTC, ETH, and SOL.

Bitcoin falling on Fed rate cut news? Here's what happened, and what to expect in the near term.

As the trial of Anton and James Peraire-Bueno entered its 11th day, a judge may soon decide whether Coin Center can weigh in on the case through an amicus brief. US prosecutors are pushing back against efforts to introduce crypto policy arguments in the case of two brothers accused of exploiting Ethereum using maximal extractable value (MEV) bots. In a Tuesday filing in the US District Court for the Southern District of New York, US prosecutors opposed an amicus curiae — a brief filed by an interested party not directly involved in a case — that could encourage a jury to acquit Anton and James Peraire-Bueno. The two individuals are allegedly behind a $25-million MEV exploit of the Ethereum blockchain in April 2023.  The letter addressed to the federal judge overseeing the case suggested that Coin Center, the cryptocurrency advocacy organization behind the amicus brief, should direct its concerns about digital asset policy through Congress rather than the courts. Read more

President Trump appears to be easing his trade war for now, helping his Solana meme coin pump amid what an analyst called a “relief rally.”

The oracle network token overcame selling pressure earlier Wednesday, but the technical picture remains mixed.

Analysts say the crypto market has already priced in Wednesday's interest rate cut, but the Federal Reserve remains divided on an additional cut in December. The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%. Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast: Asset prices remained flat or fell by modest amounts on Wednesday following the FOMC decision, with the price of Bitcoin (BTC) falling by about 2.4% at the time of writing, following Federal Reserve Chair Jerome Powell’s comments signaling that FOMC members are divided on a December rate cut.  Read more

The MetaMask maker’s public debut could be the biggest Ethereum-native listing yet, amid a wave of crypto firms hitting U.S. markets.

Cardano gains momentum after its inclusion in REX-Osprey's Top 10 Crypto Index ETF with staking capabilities, as technical indicators and Fed rate cuts support analyst predictions of a potential rally to $1.50. The post Cardano Price Prediction: ADA Added to REX-Osprey Top 10 Crypto Index ETF — Is a 120% Rally to $1.50 Next? appeared first on Cryptonews.

The global payments firm previously held talks to acquire crypto payment infrastructure startup BNVK, according to reports.

Bitget’s liquidity gains mirror an industrywide shift as exchanges such as Binance, OKX and Crypto.com compete to attract professional and institutional traders. Singapore-based crypto exchange Bitget has seen an uptick in institutional participation, with institutional traders now accounting for roughly 80% of total volume as of September, according to a report by Bitget in collaboration with blockchain analytics platform Nansen. The report noted that institutional activity on Bitget’s spot markets climbed from 39.4% of total volume on Jan. 1 to 72.6% by July 30. Futures trading saw an even more dramatic shift, with institutional market makers growing from just 3% of activity at the start of 2025 to 56.6% by late July. The study identified liquidity as the key measure of institutional adoption in crypto, noting that Bitget’s order-book depth, spreads and execution quality now match peers such as Binance and OKX across major trading pairs. Read more

Ferrari is making a pit stop in crypto, but only for its VIP clientele. The Italian automaker plans to issue a “Token Ferrari 499P” that its 100 most exclusive customers can use to bid on a Le Mans-winning race car. It’s a glossy crossover of luxury and blockchain: own a slice of Ferrari history via […] The post Elite Ferrari clientele to bid on Le Mans race car with digital tokens appeared first on CryptoSlate.

The U.S. Securities and Exchange Commission now has over 90 filings to consider as fund managers push for altcoin products.

Over 150,000 traders have been wrecked in the past day.

In a letter sent to the SEC and Department of Labor, the senators warned that the Trump admin’s push to expose the $31 trillion retirement savings industry to crypto could end in disaster.

A Chinese blockchain event was reportedly cut short on Tuesday due to overcrowding, but some attendees expressed concerns over the country's recent crackdowns. Some members of Solana’s Chinese community have reportedly expressed concerns that attendees were denied entry to a blockchain event as the country continues its crackdown on digital assets. According to a Wednesday report from the South China Morning Post, the Solana Accelerate APAC series event being held in Shenzhen on Tuesday was cut short amid claims of overcrowding, “leading the local police to conduct an inquiry on site.” Event organizers confirmed the venue had exceeded capacity and canceled the final hackathon “for public safety,” per the report. The police presence, however, reignited concerns on social media, with attendees reportedly expressing concerns about the country’s enforcement of crypto and blockchain. Read more

The Federal Reserve delivered a 25-basis-point rate cut to 3.75%-4% and announced an end to quantitative tightening on December 1, sparking immediate crypto market volatility before Bitcoin stabilized above $112,000 with analysts eyeing near-term correction risks. The post Fed Delivers 25 Basis Point Cut, Rates Now at 4% – BTC to $150k? appeared first on Cryptonews.

The company pivoted toward crypto years ago.