This could make Bitcoin and Ether more attractive to institutional investors seeking to maximize the utility of their assets. Investment banking giant JPMorgan Chase is reportedly planning to let clients use Bitcoin and Ether as collateral for loans, signaling Wall Street’s continued move toward embracing digital assets. The initiative would allow JPMorgan’s global clients to borrow against their Bitcoin (BTC) and Ether (ETH) holdings, according to a Bloomberg report published Friday, citing people familiar with the matter. The offering would store clients’ Bitcoin and Ether holdings through a third-party custodian, according to people who spoke to the news outlet. Read more
Corporate Bitcoin reserves now rival ETFs, and Botanix Labs founder Willem Schroé wants to turn those dormant holdings into active, yield-generating assets. Publicly listed companies are increasingly rebranding as Bitcoin (BTC) treasuries, with holdings now nearing 1.05 million BTC. Private companies have also piled in by adding another 279,185 BTC across at least 68 companies, bringing the total to 1.33 million, or about 6.3% of Bitcoin’s supply. The question now is whether these reserves will sit idle or be put to work. Willem Schroé, founder and CEO of Bitcoin yield network Botanix Labs, believes many won’t. Read more
Whales still move prices, but ETF flows, exchange liquidity, and macro shifts now decide Bitcoin’s daily color. Since 2024, spot ETF inflows and outflows have been the strongest driver of Bitcoin’s green and red days. With exchange balances near multi-year lows, any sizable order travels farther through the book. Large holders often split trades or use OTC desks, muting visible “wallet-moved” shocks. Read more
Thailand’s SEC raids World’s iris scanning site over unlicensed WLD token operations, raising legal concerns about the digital identity project. World, formerly known as Worldcoin, is facing new issues in Thailand, with local authorities raiding an iris scanning location allegedly connected to the platform. Thailand’s Securities and Exchange Commission (SEC) conducted a joint operation with the Cyber Crime Investigation Bureau (CCIB) to raid an iris scanning location related to “WLD exchange services,” the SEC announced Friday. World’s WLD (WLD) token is the project’s native cryptocurrency, distributed to eligible World ID users in exchange for verification through iris scanning at World’s orb locations. The digital identity project is co-founded by OpenAI CEO Sam Altman. Read more
Corporate crypto treasuries have attracted about $800 billion from retail investors, mainly at the expense of altcoins, according to 10x Research. Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company 10x Research. “Liquidity, momentum, and conviction have all migrated elsewhere, leaving the altcoin market eerily quiet,” 10x Research wrote in a Friday blog post. “Our models show a decisive rotation back into Bitcoin, even as Korean retail traders, once the heart of altcoin speculation, shift their focus to U.S. crypto stocks.” Read more