A whale is an individual or entity that holds a large amount of a specific cryptocurrency. Because of the size of their holdings, whales can influence market liquidity and price movements through large transactions. Their activity is often monitored on public blockchains, where transfers can be observed in real time. Whales may include early adopters, institutional investors, exchanges, or large funds. While their actions are not inherently harmful, sudden movements can increase market volatility. Their behavior can affect supply dynamics and short-term market conditions.
SBI Holdings has restructured its wholly owned subsidiary into SBI Digital Practice to build institutional financial infrastructure on the Canton Network, marking a major multichain expansion alongside its existing Ripple and Solana initiatives.
Kraken is opening retail access to the upcoming Jersey Mike’s IPO, enabling direct allocations for US residents and 1:1 tokenized share requests across more than 110 countries.
Morgan Stanley Investment Management has expanded its cryptocurrency exchange-traded product lineup with the launch of the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on NYSE Arca.
Crypto.com Custody has partnered with XYO Network to provide institutional-grade custody and direct liquidity for XYO and XL1 tokens.
The de-escalation drove crude oil prices down and pushed Bitcoin back above $65,000, with Ethereum leading gains among major digital assets.
The US Commodity Futures Trading Commission (CFTC) has issued a new advisory instructing prediction market exchanges to provide specific terms, data sources, and rule-compliance analyses for each event contract variant rather than relying on blanket, template-style submissions.
Storj Labs has voluntarily filed for Chapter 11 bankruptcy protection. As network operations continue normally, the company is exploring a novel restructuring plan that could grant equity to STORJ utility tokenholders.
Coinbase CEO Brian Armstrong has pushed back against suggestions that artificial intelligence competes with crypto, arguing instead that AI agents are driving massive demand for programmable blockchain payments.
The European Union has unveiled its 21st sanctions package against Russia, taking direct aim at digital asset channels used for sanctions evasion.
In a milestone for RWA tokenization, a dairy farm in Paraná, Brazil, secured a R$100,000 loan using ten cows wearing AI-powered sensor collars as blockchain-verified collateral registered directly on the B3 stock exchange.