Author: admin

Morgan Stanley is widening access to cryptocurrency investments for its wealth management clients, CNBC reported Wednesday, in a move that signals a broader shift among traditionally cautious Wall Street institutions.Starting next Wednesday, the bank will allow its financial advisors to offer crypto investments to all clients — regardless of risk tolerance or net worth — and across all account types, including retirement plans, according to the report. Previously, the option was limited to clients with at least $1.5 million in assets, an aggressive risk appetite and a taxable brokerage account.The decision marks a major expansion for Morgan Stanley’s $8.2 trillion…

Solana (SOL) treasury companies are following the trend set by Bitcoin (BTC) and Ether (ETH), whose adoption by public companies has boosted stock prices and graced media headlines.Digital asset treasuries (DATs) list on public markets, buy crypto, then work to grow tokens per share. The pitch is simple for traders who want to gain crypto exposure through a brokerage account, offering upside that can outpace spot prices.Exchange-traded funds (ETFs) also provide crypto exposure for investors nowadays, but DATs can hit the market faster. Additionally, premiums and discounts to net asset value (NAV) create embedded leverage without liquidation concerns, which allows…

Bitcoin traded at $117,729.81 as of press time, struggling to extend gains from its $126,000 all-time high as short-term positioning dynamics and risk-off flows dominated the medium-term debasement thesis.The debasement trade thesis gained popularity after JPMorgan published a report on the topic on Oct. 1. The thesis is based on the expectation that fiscal expansion and currency devaluation will drive demand for hard assets.Consequently, assets that hold buying power, such as gold and Bitcoin, would favor under these conditions. Amid this backdrop, gold reached a new all-time high of $4,059.38 on Oct. 10.But if gold is benefiting from the debasement…

María Corina Machado, a human rights activist and political opposition leader in Venezuela who has called Bitcoin a “lifeline” for Venezuelans, received the 2025 Nobel Peace Prize for promoting democracy in the South American country.Machado praised Bitcoin (BTC) as a pro-freedom technology in a 2024 interview with Alex Gladstein, chief strategy officer at the nonprofit Human Rights Foundation. She said:“Some Venezuelans found a lifeline in Bitcoin during hyperinflation, using it to protect their wealth and to finance their escape. Today, Bitcoin bypasses government-imposed exchange rates and helps many of our people. It has evolved from a humanitarian tool to a…

Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs.Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned after a two-month hiatus to transfer another $360 million in BTC, signaling a potential rotation into the world’s second-largest cryptocurrency, with an additional $5 billion left in their wallet.In another potential Uptober catalyst, the US Securities and Exchange Commission (SEC) received 31 crypto exchange-traded fund (ETF) applications, with 21 of them filed during the first eight days of October.However, the ongoing…

Kalshi just closed a major funding round worth $300 million, lifting the platform’s valuation to around $5 billion. That’s a serious leap and shows that investors are betting big on where prediction markets might go next. Some heavyweight names are behind the raise, including Sequoia Capital, Andreessen Horowitz, and Coinbase Ventures. The numbers behind the platform’s growth are just as eye-catching. Weekly trading volume recently passed the $1 billion mark, which is more than triple what it was just a year ago. Kalshi has also expanded globally, now serving users in over 140 countries. Its presence in the prediction market…

Russia is moving closer to formally integrating crypto into its financial system, as officials acknowledge widespread adoption and the central bank prepares to let banks handle digital assets under tight controls.According to a report by TASS, Deputy Finance Minister Ivan Chebeskov said around 20 million Russians now use cryptocurrencies “for various purposes,” describing them as a reality the government must address rather than resist. TASS reported that Chebeskov argued the state needs to develop domestic infrastructure both to protect users and to secure “economic and technological benefits” for the country.The scale of that adoption was highlighted by new figures TASS…

Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported.Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that restricted access to high-net-worth investors with over $1.5 million in assets and an aggressive risk profile.The move could unlock millions of dollars currently tied up in other assets, paving the way for a portion of that capital to flow into cryptocurrencies. As of June 30,…

Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC).Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm backed by Cantor Fitzgerald. The deal could value Securitize at more than $1 billion, the report said.Securitize did not immediately respond to Cointelegraph’s request for comment.Source: BloombergA SPAC is a publicly traded shell entity that raises capital with the aim of acquiring a private company. Once…

Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist