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Investment banking giant JPMorgan Chase plans to let institutional clients use their bitcoin BTC$111,174.86 and ether ETH$3,930.89 holdings as collateral for loans by year-end, according to a report by Bloomberg.The tokens pledged under the global program will be safeguarded by a third-party custodian and extends JPMorgan’s earlier move to accept crypto-linked ETFs as loan collateral.This development reflects the rapidly growing integration of digital assets into Wall Street’s core lending infrastructure. With Bitcoin hitting record highs this year and regulatory hurdles easing under the current administration, major banks like JPMorgan are shifting from skepticism to actively incorporating crypto into their financial…

A new survey reveals that many young Australians regret not investing in Bitcoin (BTC) and other cryptocurrencies a decade ago, highlighting the growing influence of digital assets on financial decisions. According to research by crypto broker Swyftx and conducted by YouGov, over 40% of Gen Z and Millennials in Australia now view missing early crypto investments as one of their biggest financial mistakes. Survey Details: Regret Over Missed Crypto Opportunities The survey polled 3,009 Australians under the age of 35 and found that nearly half of the respondents regretted missing out on cryptocurrency investments in the past decade. Following crypto,…

Coinbase acquired Echo this week.But industry insiders expect more M&As to follow in the crypto space.A version of this article appeared in our The Roundup newsletter on October 24. Sign up here.Hi! Eric here. Coinbase buying early–stage crypto investing platform Echo for $375 million this week highlights two things: first, the competition is heating up. Second, the number of mergers and acquisitions in the space is about to skyrocket.That’s according to Wyatt Lonergan, general partner at VanEck Ventures, who told DL News that crypto startups no longer just compete within the “pretty small space” of digital assets firms, but now…

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is buoyant, with bitcoin BTC$111,174.86 climbing to $111,500 and the CoinDesk 20 (CD20) Index rising 2% to 3,667 points. Most major cryptocurrencies, including BNB, XRP, SOL, and ETH, traded higher after President Trump pardoned Binance founder Changpeng Zhao.Additionally, the White House confirmed a Trump-Xi meeting on the sidelines of the Korea summit early today.Timothy Misir, head of research at BRN, described the market bounce as constructive but fragile. “The positive ETF print into Bitcoin and Dolphin cohort accumulation provide a steadying base, yet long-term holder distribution and a record…

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…

Tether’s artificial intelligence (AI) research arm has unveiled QVAC Genesis I, the largest synthetic dataset ever created for AI training, comprising 41 billion text tokens. The dataset is designed to improve reasoning and precision in science and engineering-focused language models, with benchmarks showing strong performance across mathematics, physics, biology, and medicine, according to an emailed announcement on Friday.Alongside Genesis I, Tether unveiled QVAC Workbench, a local AI app enabling users to run, train, and interact with models directly on their own devices. The app supports leading open models, including Llama, Medgemma, Qwen, and Whisper, while keeping all data private and…

The combined value of gold and Bitcoin is approaching a historic level relative to the US M2 money supply.A top market analyst now suggests the upside potential for using these assets as hedges against dollar devaluation and inflation may be nearing its limit. Jurrien Timmer, Director of Global Macro at Fidelity, shared his analysis on X (formerly Twitter) on Friday.The End of the Easy Run?Because of their limited supply, gold and Bitcoin are widely regarded as premier inflation hedges. Data from CoinGecko shows both assets have rallied strongly this year—gold is up 54.83%, while Bitcoin has gained 12.98%.Sponsored SponsoredHowever, Timmer…

Tether’s artificial intelligence (AI) research arm has unveiled QVAC Genesis I, the largest synthetic dataset ever created for AI training, comprising 41 billion text tokens. The dataset is designed to improve reasoning and precision in science and engineering-focused language models, with benchmarks showing strong performance across mathematics, physics, biology, and medicine, according to an emailed announcement on Friday.Alongside Genesis I, Tether unveiled QVAC Workbench, a local AI app enabling users to run, train, and interact with models directly on their own devices. The app supports leading open models, including Llama, Medgemma, Qwen, and Whisper, while keeping all data private and…

As part of the deal, Hidden Road is now rebranded as Ripple Prime.XRP, the native token of Ripple’s payment network, jumped on Friday after Ripple said it had completed its acquisition of global prime broker Hidden Road, now rebranded as Ripple Prime.XRP is trading around $2.50, up about 5% on the day and 8% over the past seven days, after suffering losses most of last week amid a broader market downturn, according to The Defiant’s price page. It is currently the fifth-largest digital asset with a market capitalization of over $148 billion. XRP ChartRipple said Ripple Prime’s business has already…

Crypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide.In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC).A National Trust Bank Charter is a federal license from the OCC that lets a company operate as a limited-purpose trust bank. Instead of taking deposits or making loans, a…