Author: Digicoinvision
Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world utility. By bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset markets. How Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum blockchain. According to CryptoGucci’s post on X, UBS has…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price has slipped 2% over the last 24 hours to trade at $101,647 as of 4.05 a.m. EST with the daily trading volume rising 37% to $110.41 billion. The correction follows heavy selling pressure as US spot Bitcoin and Ethereum ETFs posted nearly $800 million in outflows yesterday. Worries are rising across the crypto market about weaker demand, bearish institutional signals, and what comes next for the BTC price. Major losses started earlier this week when Bitcoin crashed through the key $100,000 support. The sharp…
The crypto market faced a violent downturn, with Ethereum breaking below the $3,100 level while Bitcoin lost the critical $100,000 mark, triggering widespread liquidation and fear-driven selling. Panic quickly rippled across the market, and sentiment flipped sharply bearish as traders rushed to reduce exposure, price targets vanished from social media, and risk assets saw a cascade of exits. In moments like these, emotions often outweigh fundamentals — and this week was a clear reminder of that dynamic. Related Reading However, even in periods of sharp fear, not all market participants behave the same. Some notable players have begun shifting their…
Top Ethereum protocols, including Aave, Uniswap, and Lido, launched a global advocacy group focused on crypto policy. Summary Seven top Ethereum protocols have launched a global policy advocacy group Aave, Aragon, Curve, Lido, Spark, The Graph, and Uniswap joined The group will focus on pushing pro-crypto regulation As crypto adoption accelerates, regulators around the world race to catch up. For this reason, major Ethereum ecosystem players are starting a joint advocacy effort. On Wednesday, Nov. 5, seven key infrastructure builders announced the Ethereum Protocol Advocacy Alliance to advance global policy change. The protocols involved include some of the most significant…
Join Our Telegram channel to stay up to date on breaking news coverage Michael Saylor’s Strategy has bought $45 million Bitcoin and plans a euro-denominated preferred stock offering (STRE) to fund more BTC buys. The company disclosed in a Securities and Exchange Commission (SEC) filing that it purchased 397 Bitcoin last week at an average price of $114,771, bringing its total holdings to 641,205 BTC bought for $47.49 billion and currently worth about $66.7 billion. In a separate press release, Strategy said it plans to sell 3.5 million euro-denominated perpetual preferred shares, or STREs, to fund future Bitcoin purchases and…
Join Our Telegram channel to stay up to date on breaking news coverage The XRP price plunged 7% in the last 24 hours to trade at $2.21 as of 4 a.m. EST on a 28% drop in trading volume to $7.47 billion. The fall in the Ripple token’s price comes as Bitwise and Grayscale announce management fees for their planned XRP and Dogecoin ETFs. Bitwise set a 0.34% fee for its XRP ETF, while Grayscale plans a 0.35% fee for both its XRP and DOGE ETFs. Both firms are moving forward with their plans for launch despite not receiving approval…
Join Our Telegram channel to stay up to date on breaking news coverage Wintermute CEO Evgeny Gaevoy has denied rumors that his firm plans to sue crypto exchange Binance for losses incurred during the Oct. 10 flash crash. “We never had plans to sue Binance, nor see any reason to do it in future,” the CEO wrote on X. “I should probably ask to make a note of all the people spreading baseless rumors, but most of people believing these have goldfish memory capacity, so I won’t.” The rumours emerged after posts on X alleged that Wintermute, a market making and…
Ethereum is facing mounting pressure as investors continue to pull funds from Ethereum ETFs amid market pullback. Summary Ethereum ETFs saw $219.37 million in outflows, marking the fifth straight day of redemptions. BlackRock’s ETHA led the exit with $111.08 million, followed by Grayscale’s ETH with $68.64 million. Ethereum price trades at $3,300, with a 33.8% rise in trading volume signaling renewed interest. Ethereum ETFs have now recorded five consecutive days of outflows, highlighting a persistent wave of investor pessimism amid worsening market sentiment. According to data from SoSoValue, over $219.37 million was withdrawn from Ethereum-based exchange-traded funds in the past…
Key takeawaysMastercard is in talks to buy Zero Hash, following earlier interest in BVNK, in a push toward 24/7 stablecoin settlement.The deals could give Mastercard a turnkey onchain payments stack, accelerating its move from pilot to production.Stablecoin-based settlement would let banks and merchants transact continuously, bypassing batch cutoffs and weekend delays.Operational, compliance and liquidity challenges mean a hybrid phase will likely persist before full 24/7 adoption.Mastercard is reportedly in advanced talks to acquire crypto infrastructure provider Zero Hash for between $1.5 billion and $2 billion after earlier exploring a similarly sized deal for stablecoin platform BVNK.Rather than building every onchain…
Conversations about Bitcoin’s price drop should include the impact of crypto treasury companies, which have contributed to the decline, argues Omid Malekan, a blockchain author and adjunct professor at Columbia Business School.“Any analysis of why crypto prices continue to fall needs to include DATs [digital asset treasuries],” Malekan said in an X post on Tuesday. “In aggregate they turned out to be a mass extraction and exit event — a reason for prices to go down.”He added that there are a few companies that have tried to “create sustainable value. But I can count them on one hand.”Analysts have blamed…