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Matt Hougan, Bitwise’s Chief Investment Officer, posted a brief, bullish note on social media on Oct 6, 2025, writing “$1 trillion inbound….” Related Reading Based on reports, that short message kicked off fresh coverage and debate about how large Bitcoin-focused funds could get if current trends continue. Bitcoin was trading near a fresh high at the time, which helped the comment spread quickly. Context Around The Claim Bitcoin hit a new all-time high of $126,080 on Oct 7, 2025. At the same time, data cited by several outlets put global Bitcoin fund assets under management at about $200 billion. Those…
In brief Rebecca Slaughter, a Democratic FTC commissioner fired by the Trump administration, is suing over her dismissal in a case that could effectively end the independence of federal regulators. Her husband, a crypto lobbyist at Paradigm, is working to pass a crypto bill that could see its chance of passage dwindle if the Supreme Court grants Trump new powers over regulators like the SEC and CFTC. The couple’s predicament highlights how Trump’s bid to consolidate executive control may inadvertently jeopardize one of his administration’s most ambitious crypto policy goals. He’s a top crypto lobbyist working to pass a White…
Lava, a leading bitcoin fintech company backed by Peter Thiel’s Founders Fund and Khosla Ventures, today announced an angel investment from Alex Crognale, the first professional soccer player in the United States League (USL) to receive a portion of his salary in bitcoin. The investment aligns with the launch of Lava’s innovative “Get Paid in Bitcoin” feature, which enables users to seamlessly convert their paychecks into bitcoin with “zero fees”, according to a press release shared with Bitcoin Magazine. Crognale, a defender for San Antonio FC, gained attention in 2021 when he opted to receive part of his salary in…
In brief Publicly traded firm CEA Industries said Tuesday that it now holds 480,000 BNB, valued above $600 million. The price of BNB has surged 27% in the last week alone, hitting a new high of $1,330 on Tuesday. Shares of CEA Industries, which trades as BNC on the Nasdaq, rose 8% following the announcement. BNB extended its recent surge early Tuesday, with the Binance-backed token setting a fresh all-time high mark and flipping Tether to become the third-largest cryptocurrency by market cap. Following the latest leg up, a publicly traded company revealed that it now holds more than $600…
HONG KONG, Oct. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for September 2025. Bitcoin Mining Production and Mining Operations Update for September 2025 Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. Paul Yu, CEO and Director of Cango, commented, “Our relentless focus on operational excellence and fleet efficiency continues to deliver results across our global mining operations. This month, we’ve grown our operational hashrate to 89.7%, increased our Bitcoin treasury to over 5,800 BTC. We…
KindlyMD, Inc. (NASDAQ: NAKA), a provider of integrated healthcare services and a Bitcoin treasury vehicle through its subsidiary Nakamoto Holdings, is partnering with Antalpha (NASDAQ: ANTA). Antalpha is a fintech firm specializing in financing, technology, and risk management solutions for the digital asset industry. A key component of the partnership is a non-binding letter of intent under which Nakamoto plans to issue $250 million in five-year secured convertible notes to Antalpha. The convertible notes are intended to provide long-term financing with lower dilution risk for stockholders compared to standard convertible debt. The proceeds will also be used to expand Bitcoin…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4380.87, down 1.1% (-49.75) since 4 p.m. ET on Monday.One of 20 assets is trading higher.Leaders: ETH (+0.2%) and BTC (-0.7%).Laggards: UNI (-3.3%) and AAVE (-3.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
XRP is catching retail skepticism again in a gauge that has historically proven profitable for contrarian bets.Data from Santiment shows the token’s bullish-to-bearish commentary ratio slipped under 1.0 twice in the past three days — October 4th (0.74) and October 6th (0.86) — levels that historically line up with fear-driven selling pressure.😮 XRP is seeing it’s highest level of retail FUD since Trump’s tariffs were announced 6 months ago. There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal. Markets move opposite to small trader expectations. pic.twitter.com/flO7jjlo9m— Santiment…
Galaxy Digital predicts that tokenized assets could grow by more than 5,600% in five years, driven by strong institutional interest.Mike Novogratz’s crypto firm Galaxy Digital sees a bright future ahead for tokenized assets.In a recent research report, “The Investable Universe 2.0,” the New York-based firm projects that tokenized assets could reach a $1.9 trillion market capitalization by 2030 under its base scenario, a 5,622% increase from their current $33 billion valuation, and as much as $3.8 trillion if adoption accelerates.Source: Galaxy, Bain, McKinsey, and BCGIn the report, Galaxy Digital explained that the valuation growth can be attributed to strong institutional…
Investment bank KBW initiated coverage of Gemini Space Station (GEMI) with a market perform rating and a $27 price target, describing the crypto exchange as a well-rounded digital asset platform poised for long-term growth.Nevertheless, wrote analyst Bill Papanastasiou, Gemini for now remains unprofitable and discounted valuation to competitor Coinbase is warranted “as the impact fromexecution and market risk is elevated.”KBW said Gemini’s ecosystem, spanning trading, custody, credit cards, staking, stablecoins, and tokenized equities, offers cross-selling potential as the crypto market expands.The bank highlighted Gemini’s credit card business as a key growth driver, noting that it has more than 100,000 users…

