Friday, October 24, 2025
Home Blog Page 2

Robinhood lists BNB token

0


Key Takeaways

  • Robinhood has listed BNB on its platform, allowing US retail investors greater access.
  • This follows Coinbase’s addition of BNB to its listing roadmap, showing major exchanges are opening up to Binance assets.

Share this article

Robinhood has added BNB, the native token of the BNB Chain ecosystem, to its platform. The listing expands access to Binance-backed digital asset for US retail investors using the popular trading app.

Coinbase added BNB to its listing roadmap in October, reflecting a shift toward greater interoperability between major exchanges. The move directly benefits the token accessibility in the US market amid easing regulatory tensions.

Robinhood recently listed BNB Chain-based tokens including ASTER, highlighting the platform’s focus on integrating assets from prominent blockchain ecosystems. The listings enhance user access to Binance-related projects as the trading platform actively expands its crypto offerings.


Bitcoin whales execute $3B ETF trades with BlackRock for portfolio benefits

0


Key Takeaways

  • Bitcoin whales executed $3 billion in ETF trades via BlackRock’s spot Bitcoin ETF using in-kind creation mechanisms.
  • These mechanisms allow direct conversion of Bitcoin holdings into ETF shares, similar to portfolio trades in bond markets.

Share this article

Bitcoin whales executed around $3 billion in ETF trades through BlackRock’s $IBIT, a spot Bitcoin ETF, using portfolio trade mechanisms that offer significant portfolio benefits, Bloomberg reported today. The trades allow large Bitcoin holders to convert their holdings directly into ETF shares through custom creation processes.

BlackRock has been facilitating these in-kind creations for $IBIT, enabling Bitcoin whales to seamlessly integrate their holdings into traditional finance portfolios. The structure mirrors portfolio trades commonly used in bond markets, where assets are exchanged directly rather than through cash transactions.

The portfolio trade mechanism provides Bitcoin whales with benefits including enhanced liquidity and tax efficiencies. These custom ETF creation methods have gained traction in crypto markets as institutional investors seek regulated investment vehicles for their digital asset holdings.

BlackRock’s Bitcoin ETF has seen heightened institutional interest as traditional finance firms adapt to cryptocurrency integrations through ETF structures. The asset management giant has been expanding its crypto offerings in response to evolving investor demands for regulated Bitcoin exposure.


BlackRock deposits $314M in BTC and $115M in ETH into Coinbase Prime

0


Key Takeaways

  • BlackRock deposited nearly $314 million in Bitcoin (BTC) and $115 million in Ethereum (ETH) into Coinbase Prime.
  • Coinbase Prime provides custody, trading, and brokerage services for large institutions in the crypto space.

Share this article

BlackRock, the world’s largest asset manager, deposited approximately $314 million in Bitcoin and $115 million in Ethereum into Coinbase Prime within 24 hours. The institutional-grade platform provides custody, trading, and prime brokerage services for cryptocurrencies to major firms.

BlackRock has been frequently transferring Bitcoin and Ethereum to Coinbase Prime as part of ongoing portfolio management, reflecting the asset manager’s expanding cryptocurrency ETF offerings through institutional digital asset transfers.

BlackRock’s repeated use of Coinbase Prime for cryptocurrency deposits demonstrates broader institutional strategies in digital asset markets, with growing adoption of Bitcoin and Ethereum through asset management firms’ custody arrangements.


Crypto market sees over $160M in shorts liquidated in past hour

0


Key Takeaways

  • Over $160 million worth of short positions were liquidated in the past hour due to rising prices in the crypto market.
  • Short positions are leveraged bets on price declines; when prices rise rapidly, these trades are forced to close, causing ‘liquidations.’

Share this article

The crypto market witnessed over $160 million in short position liquidations in the past hour as bullish momentum forced bearish traders to close their positions.

Short positions, leveraged trades betting on price declines in crypto assets, frequently result in forced closures during upward market movements. The liquidations reflect the market’s continued volatility as bearish bets face mounting pressure from rising prices.

The cryptocurrency market has experienced increased volatility in recent months, with bears facing repeated challenges as cascading liquidations push prices higher.

Platforms facilitating short positions in crypto have been integrating advanced risk management tools to mitigate liquidation risks as market dynamics continue to evolve.


Apple stock reaches new all-time high

0


Key Takeaways

  • Apple stock reached a new all-time high, fueled by strong demand for the iPhone 17.
  • Apple’s partnership with Formula 1 is expected to enhance its brand visibility and expand its entertainment initiatives.

Share this article

Apple stock hit a new all-time high today, driven by strong demand for its latest iPhone model and excitement around a new Formula 1 partnership.

The consumer electronics giant has seen heightened interest in its iPhone 17, described as a worldwide hit that’s contributing to positive investor sentiment. Apple also secured a deal with Formula 1, enhancing its brand visibility and supporting its push into entertainment and global markets.

Loop Capital analysts upgraded Apple stock to buy, highlighting optimism around iPhone demand as a key driver for future growth. The upgrade positioned the stock as poised for a breakout in an impulsive rally.


Crypto markets tumble amid US regional bank stress, prolonged government shutdown

0


Key Takeaways

  • Bitcoin and major cryptocurrencies experienced significant declines amid US regional banking stress and prolonged government shutdown concerns.
  • The crypto market capitalization fell 6% as investors moved toward safe-haven assets following disclosures of substantial loan losses by US regional banks.

Share this article

Bitcoin lost more than $5,000 in less than six hours on Friday morning, pulling most altcoins lower as regional banking crisis fears mount and the US government shutdown drags into its third week.

Bitcoin plunged from nearly $109,000 to $103,500 earlier today before rebounding to above $106,000, according to CoinGecko. That was a 4.5% drop in the last 24 hours.

Over the same period, Ethereum and XRP each fell around 6%, Solana slid roughly 8%, and BNB declined close to 10%.

The total value of the crypto market dropped 6% to $3.6 trillion, resuming its decline last recorded after President Trump’s comments on US-China trade tensions.

Renewed worries about the health of US regional banks may have contributed to the latest market selloff.

This week, Zions Bancorporation and Western Alliance revealed huge loan losses and potential fraud-related exposures, which rattled investor confidence, sent banking stocks lower and drove a flight to safe-haven assets like gold.

Gold inched closer to $3,400 on Friday after continuing to set fresh highs throughout 2025.

The troubles facing those banks are rekindling anxiety over a potential credit squeeze reminiscent of the Silicon Valley Bank (SVB) collapse in March 2023. However, experts say the situation has not yet reached that scale.

Still, analysts warn that fears of a wider credit crunch could escalate, especially if more banks disclose losses linked to bad loans or off-balance-sheet exposures. Plus, the prolonged government shutdown could exacerbate the wobble, potentially turning it into a systemic crisis.

As banking stress returns, analysts say Bitcoin is on sale

Arthur Hayes, co-founder of BitMEX, says Bitcoin is “on sale” amid renewed weakness in US regional banks.

In a post on X, Hayes stated that if the current wobble turns into a crisis, investors should be ready for a 2023-style bailout and view it as a buying opportunity.

“If this US regional banking wobble grows to a crisis, be ready for a 2023-like bailout,” Hayes wrote. “And then go shopping — assuming you have spare capital. I got my list, what’s on yours fam?”


Hacker panic-sells 9,240 Ether during market crash, incurring $4.56M loss

0


Key Takeaways

  • A hacker sold 9,240 Ether amidst a market crash.
  • The move resulted in a $4.56 million loss.

Share this article

A hacker panic-sold 9,240 Ether during today’s market crash, resulting in a $4.56 million loss on the transaction. The perpetrator, believed to have illicitly obtained crypto assets through recent exploits, executed the large-scale sale amid broader market volatility affecting Ethereum and other digital assets.

Hackers linked to major exchange thefts have demonstrated reactive trading patterns during recent market downturns, with some observed rebuying Ethereum after initial panic sales during price dips.

These entities have repeatedly engaged in swing trading Ethereum, attempting to capitalize on price rebounds following exploit-related asset movements. The trading behavior highlights ongoing challenges as stolen funds continue circulating through decentralized markets.