Ripple Challenges Wall Street Banks in ETF Swap Financing
Ripple Prime’s expansion spans equity swaps, institutional financing and major fund clients, as WSJ highlights its role in leveraged ETF financing.
The daily crypto timeline
Crypto moves. Stories develop. Follow the news, briefs and guides shaping Bitcoin, digital assets and blockchain — one day at a time.
Wednesday
Wednesday
Ripple Prime’s expansion spans equity swaps, institutional financing and major fund clients, as WSJ highlights its role in leveraged ETF financing.
Greece proposes a 10% crypto gains tax, with a €500 annual exemption and exclusions for crypto-to-crypto swaps.
Grayscale sees room for more crypto ETFs as Zcash demonstrates demand and filings outline tokenized Bitcoin and Ether covered-call funds.
Wells Fargo is discussing a potential crypto trading liquidity arrangement with Kraken parent Payward, CoinDesk reports. A final deal remains unconfirmed.
Onchain Lens reports $565.87 million in seized BTC, wrapped Bitcoin and USDT transfers to Coinbase Prime. The movements do not confirm a sale.
Robinhood Chain is live on near.com with ETH, USDG, PONS and CASHCAT, adding confidential transfers and access to liquidity across more than 30 networks.
Murad Mahmudov argues that tokenized communities could become major financial movements, extending his memecoin thesis to Bitcoin and the stock market.
Ethereum’s Justin Drake urges calm preparation for possible AI-driven attacks on wallet signatures, without presenting a demonstrated key-recovery attack.
Arthur Hayes sees an AI investment bust paving the way for Bitcoin-friendly liquidity and cheaper computing, the foundation of his FLOP agent network.
Tom Lee cites Bitcoin’s 200-day moving average and a historical 193% average six-month return as evidence of a bull market, with an 80% positive-return rate.
Tether, Kazakhstan’s central bank and Alatau City Authority will study a tenge stablecoin and prepare an asset-tokenization pilot, potentially using Hadron.
Ledger Wallet adds USDC and USDT loans against cbBTC or wBTC through Morpho and Yield.xyz, with on-device signing, variable rates and liquidation risk.
Tom Lee calls 5% of Ethereum’s supply a hard cap for BitMine, which last reported 6.02 million ETH and 4.9% ownership.
Tom Lee links Ethereum’s potential upside to tokenization and AI as BitMine approaches its 5% ownership ceiling, with more than 6 million ETH already held.
World Liberty Financial and Mesh plan to bring USD1 to millions of merchants, while a wider push into Web2 payments still lacks named partners.
Bitwise CIO Matt Hougan points to declining Bitcoin volatility as evidence of maturation, while research highlights the limits of the digital-gold comparison.
Robinhood’s crypto chief says the company added $25 million in Bitcoin to its balance sheet, signaling commitment as its trading business expands.
South Africa’s FNB now offers five crypto assets from R10 through its investment platform with VALR, but customers cannot transfer tokens in or out.
Coinbase’s Liz Martin says institutional crypto demand is growing as regulatory clarity improves, while Citi and community banks build digital asset services.
Hyperliquid Labs’ Singapore base is separate from the blockchain’s regulatory status, as FT reporting examines MAS oversight and Bloomberg adds perpetual prices.
Jeff Yan says Hyperliquid is infrastructure other companies can build on, as Bloomberg brings selected perpetual prices into its Terminal.
Polygon says it is not shutting down after a mock closure notice drew backlash. Nailwal says the joke targeted its critics, rather than Abstract's team.
Cardano’s CIP-0113 standard is live on mainnet, enabling issuer-defined freezes, seizures and transfer rules for regulated tokens without changing ADA.
You have reached the beginning of our coverage.