Crypto

Tokenized real-world assets (RWAs) are emerging as a key bridge between TradFi and DeFi.

Bit Digital purchased 31,057 ETH worth $140 million, bringing its total holdings to over 150,000 ETH and making it the sixth-largest Ethereum treasury. Bit Digital expanded its Ether holdings to more than 150,000 ETH after purchasing 31,057 ETH valued at about $140 million using proceeds from a $150 million convertible notes sale. The deal, which included full exercise of underwriters’ options, positions the firm as the sixth-largest Ether (ETH) treasury among public companies, according to data from StrategicETHReserve.xyz. “This purchase demonstrates our commitment to building shareholder value by financing ETH accumulation on terms that are accretive to NAV per share,” said Sam Tabar, CEO of Bit Digital. “We view ETH as foundational to digital financial infrastructure and believe current levels provide a compelling long-term entry point,” Tabar added. Read more

Fireblocks Trust Company has teamed up with Galaxy, Bakkt and other crypto heavyweights to meet increasing institutional demand for secure digital asset custody. Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody. Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning ETFs, digital asset treasuries (DATs) and token launches, according to a Wednesday announcement. “Regulatory compliance and security are non-negotiable,” said Matt Walsh, founding partner at Castle Island. “Fireblocks Trust Company delivers on both fronts with their qualified custodian status and robust operational controls,” Walsh added. Read more

MetaMask and Infinex have integrated Hyperliquid, the most liquid decentralized derivatives platform, to steal market share from CEXs in the rapidly growing perps market. Decentralized crypto trading platforms MetaMask and Infinex are now offering perpetual futures through integrations with Hyperliquid, competing with their centralized counterparts in the booming crypto perps market. MetaMask’s integration with Hyperliquid went live on Wednesday, allowing users to access Hyperliquid’s decentralized perpetual swaps exchange directly through MetaMask’s wallet. MetaMask stated that the “major milestone” brings it one step closer to becoming an all-in-one, self-custodial trading platform, as it seeks to capture market share from centralized exchanges that have dominated the crypto perpetuals market. Read more

Bitcoin had more potential, as chart technicals hint at a run toward a $300,000 BTC cycle top, backed by multiple tailwinds. Key takeaways: Bitcoin onchain data shows no signs of overheating, despite reaching an all-time high of $126,000. Bitcoin cup-and-handle pattern targets $300,000, backed by multiple factors. Read more

The bigger part of the announcement is the new integration and distribution Polymarket gains via this partnership.

Bitcoin's drop triggered $641 million in liquidations, but analysts see a healthy correction with a path to $135K if ETF inflows resume.

The fund will provide up to $500,000 per team plus access to YZi Labs’ 460 million-user network and mentorship.

Ethereum co-founder Joseph Lubin said ETH-based digital asset treasuries will become a “Berkshire Hathaway-style” vehicle for the decentralized economy. Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin says Ethereum treasury companies can provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play. “I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and the organic demand for it to pay for transactions and storage,” Lubin said. Read more

The pair are accused of planning robberies that targeted holders of “significant amounts of cryptocurrency assets” from jail.

"Demand is extremely down, and the on-chain usage of PI is poor," one popular X user claimed.

AFL-CIO's opposition comes as the Senate rushes toward a year-end vote on legislation that would let banks trade crypto with FDIC backing.

BNB Chain traders made millions on new memecoins going parabolic, with one turning $3,500 into $7.9 million amid a surge in onchain trading activity. Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle. Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according to blockchain intelligence platform Lookonchain. Trader “hexiecs” turned a $360,000 investment into over $5.5 million by investing in the recently launched “4” memecoin, which went parabolic after an X post from Binance co-founder and former CEO, Changpeng Zhao. Read more

Short-term holders added 559K BTC as Bitcoin nears highs; on-chain data shows rising demand and falling exchange activity.

From TerraUSD’s crash to Yala’s YU, several stablecoins have failed to hold their peg. Here’s why depegging happens and the risks you can’t afford to ignore. Stablecoins are nearing a $300-billion market cap, but adoption remains limited due to risks around depegging, collateral and trust. The depegging of stablecoins such as NuBits (2018), TerraUSD (2022) and USDC (2023) has revealed vulnerabilities across both algorithmic and fiat-backed models. The collapse of TerraUSD wiped out roughly $50 billion in value and exposed the systemic fragility of algorithmic designs. Read more

Forward Industries staked its entire Solana treasury into a new validator, immediately joining the network’s top 10. Publicly traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem.  The company announced the launch on Tuesday, saying that the validator runs on DoubleZero’s fiber network, which powers the validator and uses Jump Crypto’s Firedancer, a new independent Solana validator client.  Kyle Samani, chairman of the board of Forward Industries, said the move allows them to fortify Solana’s resiliency and help ensure that it remains “the standard for institutional adoption” in decentralized finance (DeFi).  Read more

The total market capitalization plunged below $4.3 trillion.

Gold’s climb past $4,000 has Schiff declaring Bitcoin’s rally a “bear market bounce” that could be poised for reversal.

Louisville, Colorado, 7th October 2025, Chainwire

Singapore, Singapore, 7th October 2025, Chainwire