The new product is expected to launch in the first half of 2026 and will let clients borrow fiat against Bitcoin held in multisignature wallets. Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral. According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain. Read more
The new product is expected to launch in the first half of 2026 and will let clients borrow fiat against Bitcoin held in multisignature wallets. Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral. According to the Swiss digital asset bank’s announcement on Friday, the product introduces a Bitcoin-native multisign lending model that allows clients to retain control of their collateral through distributed key management, ensuring that assets cannot be rehypothecated. Sygnum clients can take out fiat loans backed by Bitcoin in a setup that requires three of five key holders to authorize any transaction, allowing borrowers to track and verify their collateral directly onchain. Read more
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend. Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process. While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently broke a 15-year uptrend, just as ETF adoption accelerated. In this week’s Crypto Biz, we look at Bitcoin whales’ turn toward TradFi, Ripple’s latest public market play, Galaxy Digital’s standout Q3 earn...
Early BTC whales shift to ETFs, giving up keys for TradFi perks, as BlackRock conversions rise and onchain self-custody breaks a 15-year uptrend. Bitcoin’s (BTC) long-time whales, once the fiercest champions of self-custody, may be losing some of their grip on the market as more migrate toward the comforts of traditional finance. Earlier this week, a BlackRock executive revealed that several of Bitcoin’s earliest holders are quietly swapping portions of their spot positions for exchange-traded funds (ETFs), gaining access to broader wealth management tools in the process. While ETFs and spot Bitcoin have traditionally served different audiences, onchain data suggests the rise of spot ETFs may be coming at the expense of self-custody. According to analyst Willy Woo, the amount of self-custodied Bitcoin recently broke a 15-year uptrend, just as ETF adoption accelerated. In this week’s Crypto Biz, we look at Bitcoin whales’ turn toward TradFi, Ripple’s latest public market play, Galaxy Digital’s standout Q3 earn...
Bitcoin bounced off the $107,000 support, but the recovery is expected to face significant resistance in the $112,000 to $116,000 zone. Do charts point to any altcoins taking the lead? Key points: Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up. Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume. Read more
Bitcoin bounced off the $107,000 support, but the recovery is expected to face significant resistance in the $112,000 to $116,000 zone. Do charts point to any altcoins taking the lead? Key points: Bitcoin’s relief rally is facing selling near $112,000, signaling that the bears have not given up. Buyers have defended the support levels in select major altcoins, but unless they push the price above the overhead resistance, the selling is likely to resume. Read more
In an interview with Cointelegraph, Galaxy Digital’s head of research explains why Bitcoin is at a pivotal moment, and what could define its next downturn. Bitcoin’s bull market is holding strong, but a slip under $100,000 could spell trouble, Galaxy Digital’s head of research Alex Thorn told Cointelegraph. “I think the bull market is structurally intact, but it’s at risk,” Thorn said, noting that the market is at a “pivot point” where sentiment could shift quickly. “If you were to lose 100K now, I think it would create a lot of anxiety that could put that structural bull market in jeopardy.” Despite the massive Oct. 10 liquidation, he insists that the pullback was not driven by Bitcoin’s fundamentals. “Nothing about Bitcoin’s drop… has been fundamental about Bitcoin,” he said. “It’s really trading like a macro asset.” Read more
In an interview with Cointelegraph, Galaxy Digital’s head of research explains why Bitcoin is at a pivotal moment, and what could define its next downturn. Bitcoin’s bull market is holding strong, but a slip under $100,000 could spell trouble, Galaxy Digital’s head of research Alex Thorn told Cointelegraph. “I think the bull market is structurally intact, but it’s at risk,” Thorn said, noting that the market is at a “pivot point” where sentiment could shift quickly. “If you were to lose 100K now, I think it would create a lot of anxiety that could put that structural bull market in jeopardy.” Despite the massive Oct. 10 liquidation, he insists that the pullback was not driven by Bitcoin’s fundamentals. “Nothing about Bitcoin’s drop… has been fundamental about Bitcoin,” he said. “It’s really trading like a macro asset.” Read more
Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential. Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum. Read more
Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential. Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoin’s (BTC) rise above $200,000 before the end of the year, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. However, a lack of inflows from the US spot Bitcoin exchange-traded funds (ETFs) continues to limit Bitcoin’s upside momentum. Read more