Crypto tokens have failed retail investors through insider concentration and poor design. Regulation and tokenized real-world assets offer hope for revival. Opinion by: Daniel Taylor, head of policy at Zumo Crypto X communities think tokens are toast. Here’s why they’re right — and dead wrong. If there were one chart to sum up today’s crypto token meta, it would be Bloomberg chart-boxing its comparison of Bitcoin (BTC) against an altcoin basket. Bitcoin holders are jubilant, watching it approach an all-time high. Tokenholders are bloodied and bruised, seeing their holdings wither away while Bitcoin soars. Read more
Bitcoin exchange inflows have been increasing for over a month, and the latest BTC price drawdown has made nervous sellers double down. Key points: Bitcoin speculators join whales in sending BTC to exchanges, with price then dipping below $112,000. Analysis warns that continued whale selling could spark a deeper, longer BTC price correction. Read more
TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments. Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments. Mega-rounds, deals worth $100 million or more, were a key focus. Banks contributed to 33 such rounds during the four-year window, pouring capital into firms focused on trading infrastructure, tokenization, custody, and payment solutions. Read more
The disappearing Satoshi statue, symbolizing Bitcoin’s anonymity, was stolen in Lugano. Organizers are offering 0.1 BTC to anyone who helps retrieve it. A statue honoring the mysterious Bitcoin creator Satoshi Nakamoto has been stolen from Parco Ciani in Lugano, Switzerland. The theft was confirmed by Satoshigallery, the group behind the global Satoshi statue initiative, which is now offering a 0.1 Bitcoin (BTC) reward (worth over $11,000) for information leading to its recovery. “Where is Satoshi?” the group posted on X on Sunday. “You can steal our symbol but you will never be able to steal our souls,” the statement read, reaffirming their commitment to install the statue in 21 cities around the world despite the setback. Read more
SharpLink spent $108.57 million in USDC over 48 hours to acquire 30,755 ETH, raising its total Ether holdings to 480,031 ETH worth $1.65 billion. SharpLink has continued its aggressive accumulation of Ether, adding another 15,822 ETH, worth approximately $53.9 million, over the past several hours, according to onchain data. The purchases were split across multiple transactions, with the largest single transfer totaling 6,914 Ether (ETH), valued at $23.56 million, according to data from Arkham Intelligence. The new haul brings SharpLink’s total ETH holdings to 480,031 ETH, worth around $1.65 billion at current prices. The buying spree has been ongoing over the past 48 hours, during which the company spent $108.57 million in USDC to acquire 30,755 ETH at an average price of $3,530. Read more