Author: Digicoinvision

Ripple has closed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking one of the company’s most significant deals to date and substantially expanding its operations beyond the digital assets sector.Ripple said it is now the first crypto company to own and run a multi-asset prime broker, covering everything from clearing, financing, and brokerage across digital assets, derivatives, swaps, foreign exchange, and fixed-income products for institutional clients.Ripple Prime’s business activity has already grown threefold since the $1.25 billion acquisition was announced in early April, Ripple said on Friday, adding that more growth from new…

The financial world is witnessing an unprecedented shift, as Ethereum solidifies its position as the sole asset capable of becoming a multi-trillion-dollar institutional store of value. ETH is the only one currently demonstrating the scale, utility, and institutional acceptance to command and securely hold multi-trillion-dollar allocations, fundamentally redefining the future of global wealth preservation and growth. Why Ethereum Is The Foundational Role For Institutional Capital Ethereum has quietly become the final form of digital trust for institutions to store trillions of dollars. A market expert and entrepreneur, partnering with OKX and MEXC, Ted Pillows, has stated on the social media…

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price has risen over 1% in the last 24 hours, trading at $111,331 as of 4:00 a.m. EST, on a 31% decrease in daily trading volume to $50.47 billion. That BTC price increase happened even as Tom Lee, BitMine’s well-known chairman, says that even as Bitcoin becomes more popular with big investment firms, sharp drops of 50% or more are still possible. “Just holding crypto on a balance sheet doesn’t guarantee long-term performance,” he explained, reminding everyone of Bitcoin’s turbulent past.​ ⚡️TOM LEE: BITCOIN NOT…

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. “There are a lot of people and a lot of private companies that hold Bitcoin looking into Bitcoin lending and yield opportunities,” he told Cointelegraph.At least 273 public and…

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. Related Reading According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed…

Cambria, the team behind the popular risk-to-earn game, “Cambria,” has officially launched its non-fungible token collection. This much-anticipated non-fungible token mint has just gone live on OpenSea, the leading non-fungible token marketplace by sales volume, a few hours ago. The Cambria Islands NFT collection has taken down prominent NFTs and become the most traded NFT in the global daily NFT market chart. Cambria Islands Tops Daily NFT Market Chart Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, tracking non-fungible token collections from more than 20 blockchain networks, indicates that Cambria Islands is the…

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.If confirmed, the development could make the two leading cryptocurrencies more attractive for institutional investors, akin to the historic approval of the…

Polymarket will eventually launch a token, Chief Marketing Officer Matthew Modabber confirmed on Thursday, but it will take a backseat to launching the US-facing Polymarket App.The prediction market platform secured a $2 billion investment from Intercontinental Exchange (ICE), the parent company of The New York Stock Exchange, in October at a $10 billion valuation. Moddaber said:“Why rush a token if you need to prioritize the US app? We’ve been dying for this app for the past five years. A lot has happened because of this, you know, because there’s regulatory [issues] and whatnot.”Prediction markets Polymarket and its competitor Kalshi became…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the price of Ethereum is holding above $3,800 and is experiencing a renewed bullish action, there is also a noticeable newfound optimism among investors and traders. With ETH gradually regaining upside traction, a significant portion of ETH has been leaving crypto exchanges at a rapid rate. Investors Are Pulling Ethereum In Droves Ethereum’s recent price performance is witnessing a notable reaction from both investors and traders alike. An optimistic trend is currently being observed among these investors, showcasing renewed confidence in ETH’s price trajectory. From the…

Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States.Zelle launched in 2017 and already features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s announcement:”We’re investing where consumer need, bank capability and global opportunity intersect.”The Zelle platform is collectively owned by the member banks that use the service, including, but not limited to, Wells Fargo, JP Morgan, Capital One and PNC.The announcement came…