The current XRP downtrend may have lasted for a long time, but it still maintains a bullish long-term structure and could rebound considerably soon.
At the time of writing, XRP trades at $1.13. Barely one year ago, the coin made a new all-time high of $3.66, breaking its over 7-year peak price. Now, the 69% correction from that peak to the current level comes amid a prolonged price downtrend that has plagued the entire crypto market.
The Broader XRP Structure Still Bullish If the month closes as it stands, XRP would have dropped in 8 of the last 9 months, with the exception being the mild 2% increase recorded in April. This clearly reflects the current state of the market and how bears have dominated proceedings for a long time.
Nonetheless, higher timeframes paint a different picture. While the trend has been corrective for months, the 1-month chart shows that XRP still maintains a bullish structure. The asset has consistently made higher highs and higher lows since inception.
Even the current bear market has not broken this trend. As such, this downward push could be another higher low pattern where price retests key resistance-turned-support zones before another uptrend to new highs.
This consistent broader bullish structure continues to strengthen the narrative that the current prolonged decline could be temporary and part of a broader bullish picture, as long as the asset holds key price levels.
Support Forming at This Key 2021 Level Currently, XRP trades at the support level near $1.10. This is a major demand zone that analysts are closely monitoring because of its significance.
Notably, that level aligns with a former resistance level during the 2021 bull run. Between August and November 2021, XRP struggled to close above the $1.10 resistance. Prices closed at $1.18 in August 2021, $0.95 in September 2021, $1.11 in October 2021, and $0.99 in November 2021 after reaching much higher prices. Eventually, XRP gave way to the bearish pressure, dropping much lower.
However, in November 2024, prices blew past this resistance with strong volume, turning it into a key support area. The coin is back at this area again, and market watchers are observing whether it holds or falls lower.
XRP Support Levels The coin is already finding support here, having rebounded from $1.05 earlier to its current price. Should XRP find stability here and the broader market conditions start to improve, it could start to gain strength.
However, further downside could take XRP to the support levels at $0.76, $0.52, $0.35, and $0.16, as identified in the shared chart. This represents declines of 33%, 54%, 69%, and 86%, respectively.
Good Time to Buy XRP? Notably, several analysts still expect XRP to drop below $1. Analyst CasiTrades believes the coin could drop to $0.87 before any notable recovery, calling that area the ideal “buy zone.” This also aligns closely with the projection from top chartist Ali Martinez.
Nonetheless, analysts believe that always expecting further decline hinders accumulation. With XRP already significantly below prior highs and at multi-year support regions, it has already provided a good entry point.
Moreover, the current support could hold and invalidate lower calls. In this case, those who buy at the current levels are well positioned for the rebound that could follow. Analysts suggest that reclaiming $1.50 is a sign of a major bullish breakout. A sustained recovery could see XRP retest its ATH at $3.66, representing a 224% increase from the current market price.
Interestingly, market users seem to already be accumulating. Over the past seven days, spot exchange outflows have surpassed inflows, showing that users are withdrawing XRP from exchanges to platforms where they can hold long-term. During this period, inflows stand at $590 million and outflows at $629 million. This bullish trend persits across all timeframes.
Coinglass XRP Spot Flow DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Bitcoin network activity has surged to its highest level since 2024, with daily transactions topping 800,000, but CryptoQuant says the increase is being driven largely by low-value protocol activity such as Ordinals, Runes and BRC-20 transactions rather than economic demand.
Bitcoin’s onchain transaction count has climbed to its strongest level of 2026, a near-record pace not seen since late 2024 — yet the economic value behind those transactions tells a different story, according to a research note published by CryptoQuant last week.
Daily Bitcoin transactions have surpassed 800,000, more than doubling from lows recorded in 2025 and approaching the peak levels seen during the 2023–2025 bull cycle. The network’s activity index has broken above trend for the first time since December 2024, sitting just 7% below its all-time high activity levels recorded in September 2024.
“This above-trend reading has been sustained for several weeks and marks the first positive activity regime since mid-2024, contrasting sharply with Bitcoin’s ongoing bear market price decline,” CryptoQuant wrote in the note.
The catch: the transactions driving that surge are tiny. Cohorts of less than 0.01 BTC and less than 0.001 BTC now together account for roughly 80% of all daily Bitcoin transfers — up from around 44% in 2023. “The economic content of these transactions differs materially from prior high-activity periods,” the firm noted.
Bitcoin’s protocol-driven activity CryptoQuant attributes the shift to protocol-driven activity: Ordinals, Runes, BRC-20 tokens, and data timestamping services that rely on Bitcoin’s OP_RETURN field, a transaction output that allows users to attach arbitrary data to a bitcoin transaction. The removal of OP_RETURN’s byte limit last year following a contentious community debate opened the door to a surge in this kind of usage. “Usage has spiked to near-record levels in 2026,” the firm wrote, describing these protocols as generators of “high volumes of dust-value transactions.”
The result is rising mempool congestion. According to FXStreet’s coverage of the note, the Bitcoin mempool expanded to around 128,000 pending transactions at the time of writing — its highest level since late February 2025, with congestion concentrated among low-fee transactions. CryptoQuant warned that “sustained expansion could drive fee increases for time-sensitive economic transactions.”
The divergence between network activity and price is stark. Bitcoin is trading around $64,700, down roughly 17% over the past 30 days and nearly 50% below its October 2025 record of $126,080.
High transaction counts in prior cycles correlated with rising prices and economic demand; this time, the volume reflects protocol use rather than a surge in financial transfers.
For now, the network is busy — just not with the kind of activity that has historically moved the price.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Key Takeaways XRP approaches a rare death cross formation between the 20-week and 200-week exponential moving averages around $1.39–$1.40 Historical death cross patterns resulted in price rebounds ranging from 20% to 82.7% Approximately $236.5 million in short liquidations are concentrated in the $1.37–$1.40 price range Market analyst Cryptollica notes XRP has reached this oversold level just three times across 13 years Cycle-based forecasting models from EGRAG CRYPTO and CW point to potential targets spanning $5.70 to $8.00 As of June 23, 2026, XRP is hovering around $1.13–$1.14, marking a decline from its recent peaks. However, a convergence of technical indicators suggests the cryptocurrency may be positioned for a short-term recovery rally approaching 25%.
XRP Price The 20-week exponential moving average for XRP currently hovers just above the 200-week EMA, positioned near $1.39 and $1.40 respectively. Should the shorter-term average drop beneath the longer-term one following a weekly close, it would create an uncommon death cross formation.
While this technical pattern typically carries bearish connotations, XRP’s historical performance following such crossovers tells a different story. Previous instances have triggered mean-reversion rallies back toward the longer-term moving average.
During 2019, XRP experienced approximately a 20% surge following a comparable formation. The 2022 occurrence proved even more dramatic, delivering an 82.7% rally. In both situations, the 200-week EMA served as a price magnet.
If history repeats itself, XRP could target the $1.39–$1.40 range—representing a potential upside of 23% to 25% from present levels.
The weekly Relative Strength Index for XRP currently registers just above 30, a level traditionally associated with oversold market conditions. Such readings typically indicate that downward momentum may be exhausting itself.
Concentrated Short Position Liquidation Risk Near $1.40 Data from CoinGlass liquidation heatmaps reveals a substantial $236.5 million concentration of short position liquidations positioned in the $1.37–$1.40 price corridor above current trading levels.
Should XRP initiate an upward move, traders holding short positions in this zone would face forced buybacks of their positions. This forced buying activity could provide additional momentum driving price action toward $1.40.
On Sunday, analyst Cryptollica highlighted that XRP’s 10-day RSI has dropped into the low-30s range, approaching levels historically correlated with significant accumulation periods during previous market cycles.
THE MOST HATED RALLY IN CRYPTO
In 13 years, XRP has only been this washed out 3 times.
The first 2 times, the crowd laughed, ignored it, and only understood the setup after price had already left.
people mocking $XRP now will not say they missed it; they will say it was… pic.twitter.com/PlxLCWz9hY
— Cryptollica (@Cryptollica) June 21, 2026
“In 13 years, XRP has only been this washed out 3 times,” Cryptollica stated. “The first 2 times, the crowd laughed, ignored it, and only understood the setup after price had already left.”
Cryptollica’s technical analysis also illustrates XRP maintaining position above the lower boundary of a multi-year ascending channel that has connected significant macro bottoms dating back to 2017. This support trendline is currently situated near $0.75.
Large Holder Activity and Extended Time Frame Projections Analyst EGRAG CRYPTO employs a cyclical analysis framework centered on a “Central Line”—representing a macro equilibrium threshold that distinguishes accumulation phases from expansion phases.
#XRP – Central Line Targets Are Not Random ( $5.7-$8):
🟪The Base:
▫️This projection starts from #XRP’s Central Line.
▫️This line has historically acted as the macro divider between accumulation and profit-taking zones.
▫️Below it: fear and opportunity.
▫️Above it: expansion… pic.twitter.com/Bj0Knfs5B4
— EGRAG CRYPTO (@egragcrypto) June 22, 2026
Drawing from historical growth cycles that have produced returns between 200% and 330% above this equilibrium line, the analytical model suggests a best-case price objective of $8.00, with a more conservative cycle target of $5.70.
Independently, analyst CW noted increasing divergence between whale wallet behavior and retail market participants, observing that major holders have been expanding long positions in XRP derivatives.
Analyst Javon Marks emphasized that each significant momentum trough throughout XRP’s trading history has subsequently produced gains exceeding 10x, suggesting a potential target above $15 is within reach. He characterized the present setup as aligning with a broader historical pattern of gains surpassing 1,000% from comparable bottom formations.
$XRP's momentum shows that prices can be positioning here for another bottom and run.
A more than 10X followed every single one of these bottoms in momentum!
With the next target above $15 another >1,000% increase fits right in the picture… pic.twitter.com/lXVmnMmA5Q
— JAVON⚡️MARKS (@JavonTM1) June 22, 2026
XRP’s 24-hour trading volume currently registers at $1.45 billion, supporting a market capitalization of $70.99 billion. The asset has posted a 6.02% gain over the past 24 hours.
Bitcoin is yet to recover from the prolonged market volatility, but selling pressure among long-time Bitcoin holders is easing as they become more willing to hodl their assets.
According to data from crypto analytics platform CryptoQuant, selling activity among Bitcoin's oldest holders has declined significantly as they appear to be growing more confident.
It is important to note that long-term holders who have held Bitcoin for more than five years are commonly referred to as "OGs"; hence, the slowdown in their selling activity suggests that they are no longer willing to sell cautiously.
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Bitcoin OGs now holdingFollowing the decline, the metric has reached its lowest level since late 2024, suggesting that market pressure is easing and Bitcoin might be preparing for a major move.
Apparently, this cycle recorded some of the strongest OG selling activity in Bitcoin's history, especially during periods when the market experienced a brief rally, suggesting that they might have been taking profits.
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During the periods of intense selling from the Bitcoin OGs, the market saw large amounts of Bitcoin — about 10,000 BTC, 30,000 BTC, and even 142,000 BTC — being dumped by long-term holders.
This signaled periods of intense distribution from long-term holders. However, this behavior has seen a significant shift as the average amount of BTC spent by OGs over the last three months has now fallen below 1,000 BTC, currently standing at 962 BTC. This marks its lowest reading since November 2024.
Bitcoin price outlook With Bitcoin currently trading in a downward trajectory, the massive slowdown in its price movement may be attributed to the bearish behavior recently exhibited by the OGs.
With the selling pressure from these traders now fading, analysts believe that Bitcoin may soon experience a reversal in its downtrend and might be preparing for a potential price surge as demand returns.
Crypto analyst Ali Martinez shared notable technical and on-chain levels for Bitcoin and Ethereum. According to Martinez, the $60,000 region is critical for maintaining the current trend in Bitcoin.
The analyst noted that, according to on-chain data, more than 1.3 million BTC changed hands between $60,000 and $63,000. Martinez emphasized that this region represents one of the largest volume clusters for Bitcoin, and stated that the $60,587 level should be maintained as short-term support.
According to Martinez, if Bitcoin falls below this support level, the next significant level for the price could be $46,702. The analyst stated that approximately 150,000 BTC are currently trading in this region. Further down, Martinez noted that the $37,867 level stands out, with 207,000 BTC changing hands in that area.
Ali Martinez stated that he was monitoring daily closes to see if buyers would defend the volume block around the $60,000 mark.
On the Ethereum side, the analyst noted that ETH is trading below the 200-hour simple moving average. According to Martinez, unless Ethereum regains this level, the $1,580 level can be watched as the next important target.
*This is not investment advice.
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Leading cryptocurrencies cracked alongside stocks on Tuesday, after a sharp decline in chip-related stocks cast doubts on the sustainability of the AI rally.
Crypto Market Sinks DeeperBitcoin dropped below $62,000 amid heavy selling, while Ethereum bulls failed to defend the support at $1,700. XRP and Dogecoin recorded sharp declines as well.
Over $560 million was liquidated from the cryptocurrency market in the last 24 hours, with $490 million in bullish long positions wiped out, according to Coinglass data.
Roughly $350 million in Bitcoin longs were at risk of liquidation if the price dropped to $60,000.
Bitcoin’s open interest fell 1.39% over the last 24 hours. Whale and retail derivatives traders, meanwhile, bought the dip, adding more long exposure to BTC.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.15 trillion, following a decline of 1.63% from the previous day.
Stocks In Red After Chip Stocks TumbleStocks faced heavy sell-offs on Tuesday. The Dow Jones Industrial Average fell 45.87 points, or 0.09%, to close at 51,666.84. The S&P 500 slid 1.44% to end at 7,365.46, while the tech-focused Nasdaq Composite declined 2.21% to close at 25,587.04.
Why This Support Is Significant For BTCAli Martinez, a widely followed cryptocurrency analyst and trader, said that Bitcoin must hold the support at $60,587 to “maintain the current trend.”
Citing on-chain data, the analyst highlighted the $60,000–$63,000 range as one of the largest volume clusters, where over one million BTC changed hands.
Michaël van de Poppe, another well-known cryptocurrency commentator, stated that Ethereum is currently stuck in the middle and needs to break above $1,800 to “regain momentum.”
“If the markets break back into that range, it can move quickly to $2,500+,” Van De Poppe said. “Other than that, it’s very likely to see retests at $1,385 and/or $1,505.”
Photo: Memory Stockphoto / Shutterstock
Market News and Data brought to you by Benzinga APIs
Key Takeaways XRP currently trades between $1.09–$1.10, marking approximately 10% weekly losses and 20% monthly declines Market-wide cryptocurrency downturn sparked by Bitcoin dropping beneath $65,000 pressured XRP lower Continuous XRP spot ETF accumulation for seven consecutive weeks hasn’t reversed the bearish trajectory Technical signals point to sustained bearish pressure, with price action beneath the 50, 100, and 200-day exponential moving averages Luxembourg’s financial authority granted Ripple conditional preliminary CASP licensing under MiCA regulations XRP exchanged hands near $1.09 during Tuesday’s session, reflecting roughly 5% intraday losses. The digital asset has surrendered over 10% across the trailing seven-day period and approximately 20% throughout the past thirty days.
XRP Price The downturn materialized after bulls failed to penetrate the $1.30 ceiling. Following this rejection, bears seized momentum and drove valuations back toward the $1.00 threshold that has previously provided support during recent weeks.
Daily trading volumes expanded approximately 10% to reach $1.48 billion based on CoinMarketCap data. The mid-June recovery has evaporated completely, with bearish candles dominating 18 of 26 trading sessions throughout the current month.
Wider cryptocurrency market dynamics contributed significantly. Bitcoin‘s descent below the $65,000 mark catalyzed approximately $700 million in forced liquidations system-wide, predominantly affecting leveraged long positions. Given XRP’s high-beta characteristics, the token experienced amplified downside pressure compared to many peers.
Macroeconomic headwinds compounded selling pressure. Investor expectations have reversed from anticipating interest rate reductions to now pricing in potential hikes following the latest Federal Reserve policy announcement. This shift strengthened the US dollar while triggering capital flight from speculative assets including cryptocurrencies.
Geopolitical uncertainties further dampened market sentiment. Conflicting developments from US-Iran diplomatic discussions in Switzerland introduced additional ambiguity. The cryptocurrency Fear & Greed Index plummeted to 23 on Monday, indicating Extreme Fear conditions.
Institutional Flows Remain Constructive Institutional accumulation has persisted despite declining spot prices. XRP-focused spot exchange-traded funds captured approximately $5.31 million in net inflows on June 22, with Bitwise leading contributions. This extends a seven-week streak of uninterrupted positive flows, pushing monthly aggregate inflows beyond $29 million.
Total cumulative ETF inflows have reached $1.45 billion, while assets under management average $993 million per SoSoValue analytics. XRP holdings on centralized exchanges have contracted to multi-year lows as tokens migrate into ETF structures and cold storage solutions.
Market analyst ChartNerd highlighted on X platform that historical XRP performance data reveals recurring seasonal weakness during June-July periods coinciding with US midterm election years, referencing 2018, 2022, and projecting 2026 as comparable configurations. The pattern traditionally features volatile sideways movement preceding sharp corrections, with anticipated rebounds emerging post-summer.
Historical $XRP data shows consistent seasonal weakness in June/July during U.S. midterm years (2018, 2022, 2026). The pattern: choppy consolidation followed by sharp drops within this window. 2026 has mirrored this exact setup. My eyes are set on a post summer recovery/rebound. https://t.co/TSBmA0gtiG pic.twitter.com/RwDGl2XBjB
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) June 23, 2026
Chart Analysis XRP maintains positioning substantially beneath its 50-day, 100-day, and 200-day exponential moving averages located at $1.25, $1.35, and $1.56 respectively. The Relative Strength Index oscillates between 37–40, confirming subdued bearish momentum. The MACD histogram hovering near neutral territory suggests potential stabilization without confirming reversal.
Immediate support emerges at the lower Bollinger Band positioned at $1.07. Penetration of this level would expose the $1.05 zone, followed by the psychologically significant $1.00 threshold.
Resistance barriers appear sequentially at $1.15, $1.22, and $1.25. Aggregate futures open interest currently registers $2.69 billion, marginally elevated from the previous session’s $2.55 billion.
Ripple secured conditional preliminary authorization for a Crypto Asset Service Provider license from Luxembourg’s financial supervisory authority under the European Union’s Markets in Crypto-Assets regulatory framework on Tuesday. The approval remains provisional pending fulfillment of supplementary regulatory requirements.
trade.xyz launches contract trading for Japanese storage stock Kioxia (KOXIA)
According to official announcements, trade.xyz has launched contract trading for Japanese storage stock Kioxia (KOXIA), supporting up to 10x leverage. The Kioxia (KIOXIA) product tracks the value of each common share of Kioxia Holdings Corporation, listed on the Tokyo Stock Exchange (stock code: 285A). Its price conversion mechanism converts the underlying Japanese stock price from yen to U.S. dollars based on the current USD/JPY exchange rate. Kioxia manufactures NAND flash memory and solid-state drives (SSDs) for use in data centers, consumer electronics, mobile devices, and enterprise storage.
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Japanese storage chip manufacturer Kioxia's share price rose more than 12%
According to Bitget market data, the share price of Japanese storage chip manufacturer Kioxia Holdings (铠侠) surged by 12%.
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Coinbase secures Luxembourg’s MiCA license, to base its EU operations in Luxembourg.
According to an official announcement, Luxembourg has officially become Coinbase’s registered MiCA Home under the EU’s Markets in Crypto-Assets (MiCA) framework. Moving forward, Coinbase will use Luxembourg as its EU business hub to provide compliant crypto asset services for users across EU member states.
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The KyberSwap attacker has transferred another 2000 ETH to Tornado Cash, with over 80% of the stolen funds now laundered.
According to PeckShield’s monitoring, an address identified as the KyberSwap attacker has once again transferred 2,000 ETH to Tornado Cash. Over the past two years, this attacker has cumulatively transferred and mixed 16,100 ETH via Tornado Cash, equivalent to roughly $40 million at current prices, accounting for over 80% of the $48.8 million lost in the KyberSwap attack in November 2023. Some of the stolen funds have not yet been fully transferred.
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James Wynn closed out his 40x Bitcoin short position, netting $30,000 in profits, and shifted to opening a 50x S&P 500 short position.
According to monitoring by OnchainLens, James Wynn has liquidated his 40x leveraged Bitcoin (BTC) short position, pocketing roughly $30,000 in profit. He subsequently opened a new 50x leveraged S&P 500 (SP500) short position at a price of 334.42, betting on a future decline in the US stock market.
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Micron's conference call delivers strong signals: the memory shortage will continue until 2028, and AI long-term contracts are rewriting the industry cycle narrative.
Micron Technology (MU) revealed in its early-morning earnings call that its strategic customer agreements rose from 1 to 16 sequentially, covering roughly 20% of its DRAM shipments and around one-third of its NAND shipments. Of these deals, 14 calculated at minimum contract prices represent a cumulative remaining revenue of approximately $100 billion. CEO Sanjay Mehrotra said these agreements will "fundamentally transform" the company’s business model. The key takeaway for the market is that Micron is being repositioned from a highly cyclical memory stock to an AI infrastructure provider with far greater revenue visibility. During the call, Micron disclosed it expects industry tightness to persist beyond 2027, and even as supply gradually improves in 2028, there is no clear timeline for supply to catch up with demand. Management attributed this gap to the large scale, complexity, and long lead times of new semiconductor fab construction. CFO Mark Murphy noted that DRAM revenue jumped 343% year-over-year to $31.3 billion, while NAND revenue surged 361% YoY to $9.9 billion. DRAM prices rose in the low-60% range, and NAND prices increased in the mid-80% range. He explained that the quarter’s earnings, which handily beat market expectations, were driven more by pricing power and supply-demand imbalances rather than just shipment volume. The company forecasts capital expenditure of roughly $10 billion this quarter, and $27 billion for full fiscal 2026. Fiscal 2027 quarterly capex will exceed the FY2026 fourth quarter level, with more than half allocated to cleanroom construction. However, the CFO also stated that free cash flow for the current quarter is expected to continue rising sharply. Overall, the call’s messaging sent three key signals to the market: persistent memory shortages, customer willingness to sign long-term agreements, and further upside for prices. This drove Micron’s (MU) shares to surge nearly 16% in U.S. post-market trading.
The leading cryptocurrency, Bitcoin, is stuck between $60,000 and $62,000. According to recent analyses, BTC is testing the $60,000 support level due to the lack of recovery catalysts.
In this context, although Bitcoin rose above $65,000 on Monday, it subsequently fell back to the $62,000 level. The market is now focused on whether the $60,000 support level will hold. It is noted in the market that $60,000 is seen as the most important short-term technical and psychological support level.
According to analysts, institutional investors, who led the rally in the current cycle, are reducing their risk, making a strong recovery unlikely until ETF flows reverse again.
While $60,000 is critical for Bitcoin, one analyst suggested that if BTC breaks the $60,000 support level, it could fall as low as $46,000.
At this point, popular cryptocurrency analyst Ali Martinez stated in a post on his X account that if Bitcoin loses its on-chain support of $60,587, it could fall to $46,702 and even potentially to $37,867.
Based on on-chain data, the analyst noted that the $60,000 to $63,000 range is a significant demand zone where more than 1.3 million BTC is traded.
According to the analyst, maintaining the $60,587 support level is crucial to preserving the current market structure. If this price is broken, a drop to the $46,702 level, where 150,000 BTC is currently trading, is possible. If this support is also broken, the next significant support area will be the $37,867 level, where 207,000 BTC is currently trading.
Finally, analyst Murphy, using a pseudonym, also highlighted the importance of $60,000, stating that Bitcoin would find strong support around the $60,000 level near the June 26 option expiry and that a drop below this level was unlikely.
According to the analyst, a total of 4,620 BTC of put options positions have accumulated at the $60,000 strike price, creating a strong put wall that generates significant buying power and will provide solid support as the price approaches this level.
In this context, the analyst considers $60,000 a strong short-term support level and remains cautiously optimistic about Bitcoin’s short-term performance.
*This is not investment advice.
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@Dfinity has officially launched SEV Subnets on the Internet Computer Protocol ($ICP), a hardware-level security upgrade designed to eliminate plaintext data exposure across the network's node infrastructure.
What SEV Subnets DoThe integration uses Secure Encrypted Virtualization (SEV) to ensure that sensitive data remains encrypted even when a party has direct physical access to the underlying server hardware. The practical implication is significant: anyone gaining physical access to a node machine would find only encrypted bytes, not readable data.
This directly addresses one of the most persistent weaknesses in traditional cloud computing, where data is processed in plaintext within the memory layer. In that conventional model, a data center operator, a rogue employee, or a sophisticated attacker with physical server access could, in principle, read data as it is being processed.
Björn Tackmann, Head of Research at @Dfinity, confirmed that the upgrade resolves this fundamental vulnerability. Tackmann is currently Head of Research at the DFINITY Foundation in Zurich, Switzerland. His role covers the cryptographic and security architecture that underpins the Internet Computer.
Broader Context for ICP's Security ArchitectureThe SEV subnet concept has been in development for some time. Node machines with SEV-SNP virtual machine encryption hardware on board are built so that if an adversary gains physical access, all they find inside is encrypted bytes, though DFINITY notes this technology provides additional protection layered on top of the security guarantees already provided by the protocol's own math and encryption.
The launch also connects to DFINITY's wider infrastructure push. The DFINITY Mission 70 whitepaper recommends making greater use of SEV-capable hardware to operate smaller but more secure subnets, intended to reduce inflation from node rewards and better align payments across the network.
For enterprises evaluating decentralized cloud alternatives, hardware-level memory encryption is increasingly a baseline requirement, particularly in regulated industries handling sensitive financial or personal data. The SEV Subnets launch positions Internet Computer as a more credible option in those conversations.
Sources:
DFINITY Foundation: Mission 70 Whitepaper (internetcomputer.org)
DFINITY: Internet Computer Roadmap 2025 Update (medium.com)
DFINITY Developer Forum: AMD SEV Virtual Machine Support
Key Highlights Shares reached a 52-week peak of $76.56, gaining 2.32% in Tuesday’s session with a $7.28 billion market valuation Year-over-year gains stand at 40.32%, with a 31.8% increase recorded over the last six months Truist Securities maintains its Buy recommendation with an $85 target, highlighting robust marketplace trends continuing into mid-June First-quarter fiscal 2026 revenue exceeded expectations by approximately 3%, while adjusted EBITDA surpassed forecasts by roughly 5% The company upgraded its fiscal 2026 GMS growth forecast to low single-digit territory; divesting Depop is anticipated to enhance strategic concentration on the primary platform Shares of Etsy (ETSY) climbed to a 52-week peak of $76.56 during Tuesday’s trading session on June 24, closing at $76.65 — representing a 2.32% intraday gain. The performance extends the stock’s impressive year-over-year advance of 40.32%.
Etsy, Inc., ETSY
The company’s market capitalization currently stands at $7.28 billion, with InvestingPro data indicating the shares remain undervalued at current price levels.
The rally coincides with an increasing chorus of optimistic analyst commentary. On June 23, Truist Securities reaffirmed its Buy stance alongside an $85 price objective, highlighting better-than-anticipated sales momentum extending through mid-June.
According to Truist’s examination of payment card transaction data covering the period through June 16, sales performance for the quarter-to-date period is outpacing initial projections. The primary marketplace — when Depop is excluded from calculations — is demonstrating recovery signals in both active buyer counts and gross merchandise sales volumes.
Truist projects that core Etsy marketplace GMS will expand in the mid-single-digit percentage territory on a year-over-year basis during Q2 2026. This would represent the second-strongest growth rate recorded since the pandemic era.
The investment firm attributes the acceleration to enhancements in search functionality, artificial intelligence-driven product discovery features, improved marketing return on investment, and increased mobile application engagement.
First Quarter Performance Exceeds Expectations Etsy’s fiscal Q1 2026 financial results surpassed both internal company forecasts and Wall Street consensus estimates. Top-line revenue came in approximately 3% above expectations, while adjusted EBITDA exceeded projections by around 5%.
In response to these results, Guggenheim increased its price objective to $85 while maintaining its Buy recommendation. JPMorgan similarly raised its target to $75, characterizing the quarter as the first significant expansion in Etsy Marketplace GMS since the third quarter of 2023.
Argus took an even more decisive stance, elevating its rating from Hold to Buy. The research firm highlighted progress in active buyer metrics and GMS per active buyer statistics, which it linked to the company’s investments in personalization technologies and machine learning capabilities.
Following the first-quarter performance, Etsy management elevated its full-year fiscal 2026 GMS growth guidance to low single-digit percentage growth.
Strategic Divestiture of Depop Expected to Enhance Focus The upcoming divestiture of Depop represents another significant development in Etsy’s strategic narrative. Company leadership intends to leverage this transaction to concentrate resources and attention on the core marketplace business.
The transaction is also projected to generate liquidity that could fund expanded share repurchase initiatives. According to InvestingPro metrics, management has already demonstrated a commitment to aggressive stock buyback programs.
Etsy’s PEG ratio currently registers at 0.46, indicating shares are trading at an attractive price-to-earnings valuation when normalized for projected growth rates. The company maintains gross profit margins of 71.6%.
During the 2026 Annual Meeting, shareholders approved the appointment of three Class II board members — M. Michele Burns, Josh Silverman, and Fred Wilson — who will serve three-year terms concluding at the 2029 annual gathering.
Truist continues to hold an optimistic perspective on Etsy’s trajectory as the quarter approaches its conclusion, with shares now trading at their strongest level over the past twelve months.
Bitcoin has fallen below the lowest band on the Bitcoin Rainbow Chart model, used to track long-term price trends, entering the purple zone labeled “Bitcoin is dead.” This level, in the original version of the model, historically only indicates periods of extreme panic and worthlessness that have occurred very rarely.
Developed in 2014 by Reddit user Azop, the Bitcoin Rainbow Chart tracks Bitcoin’s long-term price movement using a logarithmic growth curve. Different colored regions in the model represent different phases of market sentiment. Bitcoin falling below the lowest band is considered a remarkable development, occurring only twice in the model’s history.
Some Bitcoin observers interpret this price drop to this region as a significant bullish signal. Those who hold this view point to Bitcoin forming a cyclical bottom in 2022 after falling to around $15,000, and then undergoing a strong recovery.
However, analysts have differing opinions on the meaning of this signal. Markus Levin, co-founder of XYO, stated that Bitcoin’s price falling below a range that has been valid for more than 10 years indicates a structural change in the model. According to Levin, this doesn’t mean Bitcoin is “dead”; rather, it shows that the Rainbow Chart model has lost its validity.
Ethra COO Emad Shahin also stated that the Rainbow Chart should be seen more as an indicator of sentiment than a forecasting tool. GoMining CEO Mark Zalan said that the “Bitcoin is dead” zone doesn’t mean Bitcoin is truly over; historically, this zone has often corresponded to periods of extreme panic and low valuation. According to Zalan, corrections and recovery tend to be seen in the market after such periods.
However, the increasing role of institutional investors, spot ETF flows, derivatives market activity, and macroeconomic developments in Bitcoin pricing reduces the effectiveness of analyses based solely on historical valuation models.
Bitget’s chief analyst, Ryan Lee, stated that Bitcoin’s position in the lower region of the Rainbow Chart indicates weakening market sentiment, but this doesn’t necessarily mean a new and sharp low is imminent. According to Lee, a further decline in risk appetite could lead to Bitcoin falling towards the $50,000 range, a possibility that cannot be entirely ruled out.
*This is not investment advice.
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Ex-SEC Commissioner Takes on Key Role at Blockchain Real Estate Platform Propy
Shalini Nagarajan
Crypto Reporter
Shalini Nagarajan
Part of the Team Since
Jan 2024
About Author
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
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Last updated:
September 13, 2024
Blockchain real estate platform Propy on Friday appointed Michael Piwowar, a former acting SEC chairman and commissioner, as an advisory Board member. He will guide the company through key regulatory environments, the company said.
Michael Piwowar was a US SEC commissioner from 2013 to 2018. He now serves as a distinguished policy fellow at Georgetown University’s Center for Financial Markets and Policy. He also worked as a senior economist at the White House under George Bush and Barack Obama.
“I’m incredibly excited to be aligning with Propy as the real estate market presents an enormous opportunity for innovation,” Piwowar said. “Real estate is a cornerstone of the global economy, and leveraging cutting-edge technologies like blockchain and AI are essential to overcoming the many challenges the industry faces.”
Former Wall Street Journal Columnist Michael Casey Joins Propy BoardAlso on Friday, Propy announced that journalist Michael Casey joined its Board after serving four years as Chief Content Officer at CoinDesk. Casey also helped launch the MIT Media Lab’s Digital Currency Initiative, where he still advises.
Before that, he worked at The Wall Street Journal as a reporter, editor and columnist. He has also authored six books, including his latest, “Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age,” co-written with business leader Frank McCourt.
Propy uses blockchain, smart contracts, and cryptocurrency to revolutionize real estate transactions. Users start by selecting properties like traditional listings, but Propy adds blockchain for extra verification and security. Once the buyer and seller agree, Propy creates, encrypts, and records the purchase agreement on the blockchain.
Michael Arrington and Grant Cardone Among Propy Users TechCrunch founder Michael Arrington was an early adopter, selling a Kyiv apartment as an NFT through Propy. Likewise, entrepreneur Grant Cardone listed his $42m Miami property on Propy.
In March, Propy launched Propykeys, allowing users worldwide to create digital addresses for physical properties, from homes to global landmarks. Built on Ethereum L2 Base, this initiative enhances deed security by moving from paper records to blockchain. This shift not only combats deed fraud but also streamlines many aspects of traditional real estate transactions.
Singapore's proximity to China, Japan, and India, paired with world-class trade infrastructure and a stable political and regulatory landscape, cements its status as a premier business hub in the region. With English as an official language, communication, and navigation are furthermore effortless—Singapore can be regarded as the West's gateway to Asia.
Takeaway 1: Invest In China
At the Milken Institute's Asia Summit, Ray Dalio, founder of Bridgewater Associates, warned of looming economic challenges, describing it as a "hundred-year storm." While U.S. assets may be fairly valued, they carry more risk to the downside. Accordingly, Dalio advised diversifying into Asia, with China offering significant potential for growth.
"You need to diversify into Asia," Hui said. "That's where the growth is."
Takeaway 2: Global Trade Order Disrupted
Peter Mandelson, the co-founder and president of Global Counsel and chairman of the International Advisory Board, focused on growing uncertainties around the global trading order and the shift towards a multipolar world, noting that "danger signals are flashing."
Jacqueline Poh, managing director of Singapore's Economic Development Board, pointed out that Southeast Asia—especially Singapore—is benefiting. While global trade as a percentage of GDP has decreased, foreign direct investment (FDI) has risen in Southeast Asia, with companies increasingly moving their global supply chain hubs to Singapore.
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Takeaway 3: Recruiting Beyond Universities
Takeaway 4: Words To Motivate A Workforce
On the same panel, James Vowles, the team principal of Williams Racing, shared his approach to leadership, which focuses on trusting and empowering his team.
"My job is to put them on a pedestal and promote them to the world," he said. "They are remarkable individuals—let the world know that."
Takeaway 5: Walk Before Running In Crypto
Wrapping up Benzinga's coverage at the Milken Institute's Asia Summit, Crypto.com's President and Chief Operating Officer, Eric Anziani, expressed a more measured approach to making digital assets accessible to everyone worldwide.
"We like to set the foundation before we run," he explained. "Then we go aggressive and put our name out there," referencing Crypto.com's strategic approach to marketing, something its competitor OKX serendipitously nailed across the city after it unveiled the limited-edition ‘Legend Reborn' livery on the car that ended up winning the 2024 Singapore Grand Prix.
"If you look at crypto, for a large part of our existence, it's been a very engineering-lead industry," OKX's Chief Marketing Officer Haider Rafique shared during a TOKEN2049 panel alongside McLaren Racing driver Lando Norris. "We want to be remembered as a design and engineering-led technology company."
Takeaway 6: Crypto Moving To Horizontal Model
"Only the professional trading firms and HFTs have been able to have access to that."
Takeaway 7: Crypto's Real-World Use Cases
Propy co-founder Denitza Tyufekchieva privately showcased how blockchain makes real estate transactions faster and safer. She explains that Propy automates processes like title transfers and escrow, allowing buyers to verify funds and complete purchases within minutes. Conversely, agents can lean on AI to cut paperwork and focus more on clients.
"We've built this transactional engine that allows the instant access of transfer of ownership and transfer of funds and everything to be recorded on-chain," Tyufekchieva said, noting Propy is building a single source on-chain registry for real estate ownership. "Our mission is to help end users buy and sell real estate quickly."
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Economist Ben Golub Sounds Alarm On Upcoming US Shipping Strike Affecting 36 Ports: ‘Chaotic Supply Chain Crisis’ Of 2021-2022 Threatens To Resurface Photo courtesy of OKX.
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As the U.S. Congress heads toward what many predict will be its most crypto-friendly session yet, Tanya Solati, vice president of business development at Propy, saw this as an opportunity for meaningful regulatory progress.
Solati, who will be speaking at the upcoming Benzinga Future of Digital Assets event on Nov. 19, shared her perspective on what's needed to advance the digital asset space, particularly regarding tax reforms and tokenization.
Simplifying Tax Rules to Encourage UseSolati pointed to the current tax laws as a significant barrier to broader adoption. Under existing rules, every crypto-to-fiat transaction results in a capital gains tax, making daily use impractical.
“A major game changer could be reworking tax laws, especially for small transactions,” Solati explained, emphasizing that removing such penalties could enable a more seamless user experience.
This reform would make digital currencies more suitable for everyday transactions, which she believes could drive wider engagement. Removing tax penalties on smaller exchanges would make digital currencies more practical, allowing users to trade, purchase and sell without constant tax implications.
Real-World Asset Tokenization Gains MomentumA central focus of Solati's discussion was the tokenization of real-world assets (RWAs), which she believed was a crucial step in the evolution of the digital finance landscape.
"With BlackRock heavily investing in tokenized RWAs, it's clear that this represents a shift in the future of finance," she said. Solati viewed this development as a significant indicator of where digital assets are headed as traditional finance players move deeper into the space.
Solati noted that for this tokenization model to reach its full potential, regulatory frameworks must accommodate smoother transaction processes and avoid tax triggers at every step. Adjusting these laws could allow the RWA market to expand further, making it more appealing to investors and users.
Defining Digital Assets ClearlyIn addition to tax adjustments, Solati emphasized the importance of clearly defining different types of digital assets, such as cryptocurrencies, stablecoins and DeFi tokens. She suggested clearer definitions could provide the foundation for more precise regulations, leading to better compliance and wider adoption.
Solati sees the potential for these regulatory developments to create a more organized and accessible digital asset environment. With clearer guidelines, she believes that institutions, retail investors, and everyday users will be more comfortable engaging with digital currencies.
Looking AheadWhile there are still many challenges ahead, Solati remained optimistic. She saw the upcoming legislative session as an opportunity to address the issues holding back digital asset adoption, primarily through tax reforms and clear regulations.
Photo by Avi Rozen on Shutterstock
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With the rising institutional interest in digital assets, Tanya Solati, vice president of business development at Propy, recently shared her perspective on why firms like BlackRock and PayPal are increasing their involvement in the blockchain space.
Solati will speak at the upcoming Benzinga Future of Digital Assets event, focusing on regulatory changes and their impact on digital finance.
Regulatory Clarity Behind Institutional MovesSolati attributed the surge in institutional participation to clearer regulations. "One of the strengths of the U.S. market is the clear and structured regulatory process, which is why it continues to attract so much global investment," she noted. She pointed out that the recent approval of crypto-related ETFs, which had previously faced delays, has significantly contributed to this shift.
Solati explained that firms like BlackRock, previously hesitant to enter the crypto space, are now moving forward because of greater regulatory certainty.
"BlackRock has invested tremendous resources behind the scenes, dedicating countless hours and thousands of meetings to navigate the complexities," Solati said. She emphasized that a firm of BlackRock's caliber would not commit such efforts without seeing strong potential in the evolving market.
Realigning Institutional PrioritiesAccording to Solati, the recent momentum isn't primarily driven by blockchain technology or philosophy but rather by a more defined regulatory framework. "This regulatory certainty, rather than the underlying tech, unlocks institutional interest in the space," she said. She emphasized that having clear guidelines has helped institutions navigate the complexities of the crypto market, fostering increased engagement.
What’s AheadPhoto by stockphoto-graf on Shutterstock
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High entry barriers, complex transaction processes, and geographical boundaries have historically constrained the real estate and fine art markets.
These difficulties though aren’t slowing down the management of traditional assets—especially on the blockchain. According to a report by Standard Chartered, tokenized Real-World Assets (RWAs) will reach $30 trillion by 2034. This significant potential growth points to the untapped potential of real-world assets. Tokenization through the blockchain is revolutionizing how traditional assets are managed today. It is transforming global trade by improving accessibility and liquidity.
Blockchain technology is shaking up traditional asset management by improving transparency and immutability, increasing efficiency, enhancing security, and providing global accessibility. There is less intermediary involvement in tokenized assets, unlike what is obtainable with traditional asset management. Eliminating middlemen makes the process more transparent (reducing fraud and increasing trust) and less complex. In this article, we will explore how traditional assets are being bridged to the digital space using tokenization.
Real-World Assets TokenizationReal-world asset tokenization is the process of issuing digital tokens based on the blockchain to physical or traditional assets like gold, real estate, machinery, etc. Essentially, the tokenization of these assets involves creating tokens that are typically issued as smart contracts on blockchain networks like Ethereum, Solana, Polygon, etc. Every token issued represents a fractional ownership of the underlying asset, and this is backed by a legal framework ensuring the connection between the token and the physical asset.
A wide variety of assets can be tokenized, they include:
Financial Instruments like stocks, bonds, and other structured products Real Estate like commercial and residential properties Commodities like gold, silver, oil, etc Assets like arts and collectibles RWA Tokenization and the Opportunities in the Market We are at a transformative phase in the financial markets with RWA tokenization. This use case of blockchain technology has seen renowned financial institutions and fintech innovators actively developing and partnering with tokenization platforms. According to forecasts, it is predicted that 7-9% of investors’ portfolios will be allocated to tokenized assets by 2027 and the industry is on course to reach that.
A pointer to this is the market experiencing traction in securities tokenization, with major players like BlackRock, Goldman Sachs, Franklin Templeton, and JPMorgan launching dedicated tokenization initiatives. $10 trillion BlackRock for instance recently partnered with Securitize to provide better access to traditional financial products via digitization. BlackRock’s tokenized fund BUIDL, is leading the tokenized Treasury category with a market cap of $541 million. Franklin Templeton’s tokenized Treasury FOBXX is the third-largest with a market capitalization of $410 million.
The Total Value Locked (TVL) in the RWA sector at the time of writing is $6.4 billion. This represents the industry’s economic value and its universal acceptance. As institutional-standard infrastructure continues to mature for trading, custody, and other products and services, private market assets like real estate and private equity have emerged as early adoption leaders.
Some key drivers of this adoption include the demand for access to premium investment opportunities without intermediaries, the push for more liquidity in otherwise traditionally illiquid assets, and major cost reductions in asset management and transactions.
The sector however faces significant challenges still, some of which include the complexity of integrating traditional financial products with blockchain infrastructure and regulatory uncertainty. Other challenges include education and institutional adoption curves, and technicalities around interoperability, scalability, and security.
With regulations, it varies across jurisdictions. Certain regions are emerging as clear leaders in providing regulatory frameworks for tokenized assets. Countries like Switzerland and Singapore have established progressive environments that support the tokenization of RWAs while protecting investors and their investments.
Pioneers at the Forefront of RWA Tokenization Enter RWA Inc. and Others The RWA sector is gaining momentum thanks to the work of projects in the space. RWA Inc. is one such key player and pioneering platform leading the charge in the RWA tokenization sector and redefining how we interact with RWAs on the blockchain. This is the first comprehensive RWA ecosystem offering end-to-end RWA tokenization through a cutting-edge multi-asset platform that includes tokenization-as-a-service, a launchpad, and a marketplace.
RWA Inc. isn’t only digitizing assets, it’s also unlocking an entirely new standard for asset ownership, trading, and management. The multi-asset platform seamlessly integrates a launchpad and a marketplace, while offering tokenization as a service, bridging the gap between traditional finance and a digital future on the blockchain.
Operating in a potential $30 trillion market, RWA Inc. is well-positioned to be a dominant force in the RWA sector as it leverages unmatched regulatory compliance (already established 6 regulated trading licenses in the UAE) and transformative asset accessibility. The licenses RWA Inc. holds positions it as the premier onramp for traditional investment firms, banks, and hedge fund managers. $RWA is the native utility token that fuels the RWA Inc. ecosystem. Other projects at the forefront of RWA tokenization include:
Propy: A decentralized real estate protocol that leverages blockchain technology to facilitate real estate transactions. YieldBricks: a company that provides seamless DeFi pools for tokenizing yield via real estate assets. EstateX: A blockchain-based company that democratizes access to real estate investments with increased liquidity, lower investment minimums, and portfolio diversification. Metamovers: An innovative blockchain platform engineered to transform the secondary market for real-world assets, specifically focusing on real estate. Future of RWA Tokenization Speaking on tokenization and the RWA industry, David Henderson, the Head of Marketing at Backed Finance, a significant player in the tokenization of government securities, said, “The tokenization revolution is in full swing. Financial institutions are embracing this technology, recognizing its potential to reshape the global financial landscape. The distinction between ‘real-world’ and digital assets will blur as blockchains become the settlement layer for all financial transactions, democratizing access to markets worldwide. The future of finance is borderless and inclusive.”
RWA tokenization is at a focal intersection between traditional finance and blockchain innovation. Integrations between tokenized RWAs and DeFi protocols are creating new avenues for yield generation and lending markets. The development of institutional-standard infrastructures also increases adoption by major traditional financial players. As the technology continues to mature, we will see the emergence of sophisticated systems that combine blockchain’s efficiency with the mechanisms of the conventional financial market.
The tokenization of real-world assets is homogenizing access to asset classes that were previously exclusive, reducing market friction, and automating compliance processes. These are potentially profound impacts on traditional finance. The success of these alterations, however, depends largely on continued technology advancements, regulatory clarity, and institutional adoption.
Conclusion One of the most significant innovations in modern finance in recent times is the tokenization of RWAs. They play a major role in bridging the gap between traditional assets and blockchain financial infrastructure. Even though the technology and market frameworks are still evolving, the foundations for massive transformations are being laid by projects like RWA Inc. They are changing how we view asset ownership and trading.
The convergence of technological advancement, increase in institutional interest, and proper regulatory development corroborate that RWA tokenization is a rudimentary shift in the financial markets. And they are set to play a major part in this bull run. So, as an investor or an institution, this is the best time to develop strategic approaches to RWA tokenization.
At the Benzinga Future of Digital Assets conference, experts examined the evolving digital space, focusing on how Web3 technologies could transform data ownership and decentralization.
Leaders in the field shared their thoughts on overcoming technical and regulatory hurdles while building systems that empower users and reduce dependence on centralized models.
A Call for Data OwnershipMarkus Kuhnert, CEO of 1iO, stressed that Web3's primary goal is to give users control over their data. "Web3 is all about cutting out the middleman economy… it's about ownership, owning the data, owning the infrastructure," he explained. According to Kuhnert, decentralization allows individuals and businesses to regain authority over their information, ensuring they can decide how and where it's used.
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Kuhnert argued that decentralization should not be limited to financial systems but should extend to all forms of verifiable data. "We need to bring it back to the people and the organizations who produce it," he said, calling for a comprehensive shift toward systems where data creators hold the power.
Usability Challenges in Web3While decentralization holds promise, panelists acknowledged that accessibility remains a challenge. Tanya Solati, vice president of business development at Propy, described the current tools as complex for everyday users. "It's so hard to navigate, and let's face it, I even struggle with private keys, wallets, and decentralized apps," she admitted.
Solati proposed a hybrid model, which she referred to as "Web 2.5," to make decentralized technologies more user-friendly. By blending the scalability and ease of traditional systems with decentralized tools, Solati suggested that Web3 could attract a broader audience.
Retaining Users Through ValueAnother discussion point was maintaining user engagement in a volatile space. Aviad Stein, global head of strategy and innovation at Broadridge Financial, emphasized the importance of delivering tangible benefits. "It's about finding the happy medium between user control and the value they get from granting access to their data," Stein said.
He added that transparency around data use and value would be critical in keeping users invested. Kuhnert echoed this sentiment: “If there's value in it, then people will keep using it."
Building for the FutureAs the conversation concluded, panelists looked ahead to the challenges and opportunities in decentralized technologies. Solati pointed out that fostering user engagement would require better tools and clearer value propositions, ensuring that Web3 can weather market shifts and grow its user base.
With a focus on decentralization, user control, and practical solutions, leaders at the event outlined a path forward for digital assets that emphasizes empowerment and trust.
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Propy, a real estate tokenization firm, is introducing crypto-backed mortgage services to the real-world assets, aiming to change how people purchase real estate.
According to a news release, Propy has announced the first-ever crypto loan that will enable prospective real estate buyers to access onchain loans to purchase property in Hawaii.
Bitcoin (BTC) and Ethereum (ETH) holders will be able to use their digital assets as collateral to buy real estate. This crypto-backed mortgage service marks the first step in Propy’s mission to make the $300 trillion real estate market more liquid and swappable.
“This isn’t just a milestone; it’s a glimpse into the future of real estate,” said Natalia Karayaneva, CEO of Propy. “We’re demonstrating how blockchain technology can simplify home buying, replacing the traditionally lengthy loan approval process with an instant, efficient solution.”
Propy says this new financing option will allow customers to leverage their cryptocurrency to purchase real estate while retaining ownership of their digital assets.
The loans will be double-collateralized, with the property accounting for 50% of the collateral and BTC or ETH covering the remaining 50%. The interest rate is set at 10%.
Propy’s first offering under this service is a condominium in Honolulu, Hawaii. The property will go on sale on Jan. 29, 2025, with an asking price of $250,000. BTC and ETH holders can use their assets as collateral to access a loan to finance the purchase, the company announced.
Natalia Karayaneva, the real CEO of Propy, with the AI-generated image of their new feature Agent Avery, showcasing how AI will help close the deal with Real World Assets
Propy
I wish I had an AI Agent when buying my first house. It was supposed to be one of the most exciting milestones of my life, but instead, I found myself buried under piles of paper. Each step required another form, another signature, another delay. Even in a digital world, the home-buying process felt frozen in time.
That memory came rushing back when I read about Propy’s latest move. The company just announced a 100 million dollar expansion to modernize the 25 billion dollar U.S. title industry and launched something remarkable: Agent Avery, an AI escrow officer that can automate the entire real estate closing process.
This is more than just a real-estate-tech headline.
It represents a new frontier in how AI and real-world assets (RWA) come together. By merging onchain infrastructure with AI-driven automation, Propy may have built the first decentralized AI agent capable of managing real, tangible value and one that doesn’t just analyze or predict, but actually closes transactions. AI Agents have been built for gyms, and banking, but this is the first as an AI Escrow Officer.
The Paper Problem That AI Can Help SolveThe title and escrow process is one of the most outdated systems in modern finance. According to Rentechdigital, there are 24,028 title companies in North America as of May 2025 — a 0.5% increase since 2023. About 55% (13,270) are single-owner businesses, while the remaining 45% (10,758) belong to larger brands. Nearly 7,000 fragmented title firms operate across the United States, each handling massive amounts of paperwork and manual verification.
According to The National Association of REALTORS found that 63 percent of agents reported title fraud in their markets last year, rising to 92 percent in the Northeast.
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Propy’s plan is to acquire high-performing title and escrow companies in major states like California, Texas, and Florida, and retrofit them with AI and blockchain infrastructure. The goal is to transform paper-based closings into digital, secure, and fully automated operations.
“Closing on a home is still a bureaucratic maze, while Gen-Z and Millennials expect digital, on-demand services,” said Natalia Karayaneva, CEO of Propy and a fellow Forbes contributor. “Avery and our acquisition strategy give us a path to scale nationwide, transforming closings into a faster, AI-driven experience built for modern buyers.”
Natalia Karayaneva, CEO of Propy, who has been a pioneer in Real Estate Real World Assets.
Propy
Meet AI Agent Avery: The First Decentralized AI Escrow OfficerAgent Avery is not a chatbot. She is an intelligent AI agent trained on thousands of real estate transactions to handle every step of an escrow officer’s job, from contracts and compliance to communications and payment processing.
In traditional closings, more than two-thirds of an officer’s time is spent on repetitive administrative work such as lien searches, mortgage payoffs, wire instructions, and document checks.
Avery automates nearly all of it.
She can process crypto and fiat payments, track deadlines, verify compliance with RESPA regulations, and maintain records onchain for audit transparency.
Working 24 hours a day through natural text or voice interactions, Avery reduces workloads by about 40 percent and allows agents to handle more closings per year without additional staff. She is trained to follow real estate law and compliance frameworks, making her both autonomous and trustworthy, which is a foundation for what could become the next generation of AI-powered professionals.
Agent Avery, the first AI Escrow Officer, introduced from Propy
Propy
Propy even envisions Avery evolving into a licensed entity in her own right, similar to how governments in countries like Albania have granted official status to AI systems. The difference here is that Avery is tied directly to real-world transactions and financial flows, creating a bridge between digital intelligence and physical property.
The Big Idea: AI Meets Real World AssetsAgent Avery’s debut is part of a much larger shift. The world of real-world assets, or RWAs, is expanding rapidly as companies tokenize and trade physical assets—homes, vehicles, carbon credits, even art—on blockchain networks. But until now, most of these assets required human intermediaries to complete compliance and settlement. Avery changes that.
“Our long-term vision is for real estate to become programmable; we’re laying the foundation for homes to transact instantly, globally, and securely onchain,” said Karayaneva.
By combining AI with blockchain, Propy has created a fully operational decentralized agent that not only processes data but executes legally binding actions tied to physical property. That makes Avery one of the first true AI-RWA integrations in the market.
AI Agent + Blockchain is the combination that makes Avery so effective.
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This is the moment when AI moves from interpreting the physical world to participating in it. An intelligent system like Avery doesn’t just assist humans; it becomes part of the economic fabric—reviewing contracts, ensuring compliance, and finalizing payments.
It is the same logic that underpins the future of decentralized autonomous organizations (DAOs) and AI agents in finance, but now applied to the most personal and impactful transaction most people ever make: buying a home.
Financing Real Estate Through DeFi And AIPropy’s model extends beyond automation into how these deals are financed. The company’s 100 million dollar expansion is backed by both traditional lenders and onchain private credit, including crypto-collateralized loans from Morpho, the largest decentralized lending network on Base.
“Onchain private credit is a natural extension of crypto-backed loans,” said Merlin Egalite, cofounder of Morpho. “We’re excited to see how Propy leverages Morpho’s universal lending network to finance its expansion in real estate."
Propy is impacting DeFi. For the first time, DeFi is funding real-world property consolidation at scale. The combination of onchain lending and AI automation makes it possible to move capital faster and more securely across an industry that has long been slow and opaque.
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This means that parts of Propy’s M&A activity like buying and upgrading title companies, are being financed directly through decentralized credit pools. For the first time, DeFi is funding real-world property consolidation at scale.
The combination of onchain lending and AI automation makes it possible to move capital faster and more securely across an industry that has long been slow and opaque.
Competitive LandscapePropy focuses on real-world assets but operates within a broader movement that blends AI, blockchain, and finance to modernize how value moves and is recorded. Within real estate itself, a few key players are pushing toward similar transformation but from different angles.
Figure has built a strong foundation in blockchain-based lending through its Figure Heloc product, processing home equity loans on Provenance Blockchain with speed, transparency, and strong ties to capital markets. Its model excels in efficiency and regulatory alignment, though it remains concentrated on financing rather than the full closing cycle. Provenance Blockchain, which underpins Figure, has also become a trusted infrastructure layer for regulated assets and institutional settlement, giving it credibility with banks and mortgage lenders that value compliance-first design.
In the broader non-real-estate RWA space, Stellar and Algorand demonstrate how blockchain rails can move digital assets quickly and affordably across borders. These protocols enable programmable payments, remittances, and asset issuance, and have built strong developer ecosystems. Yet, they serve primarily as infrastructure layers.
They are excellent at moving tokenized value but rely on third parties to manage workflows, compliance, and legal execution. Chainlink, meanwhile, provides the connective tissue that allows RWAs to operate securely by verifying asset prices, proof of reserves, and cross-chain messaging. Its role is foundational for data integrity, though it depends on others to complete end-to-end transactions.
Gold-backed tokens such as Tether Gold (XAUT) and PAX Gold (PAXG) represent another side of the RWA evolution which is tangible, auditable value with clear redemption mechanisms. Their strength lies in trust and custodianship, making them stable instruments for investors seeking inflation hedges. But their function is passive; they store and represent value rather than automate or execute the processes around it.
Propy’s advantage is that it is not only tokenizing or moving assets but it is operationalizing them. By combining blockchain infrastructure with AI automation through Agent Avery, Propy directly tackles the inefficiencies, compliance burdens, and fraud risks in title and escrow.
A Glimpse of the Future of AI Agents OnchainFounded in 2017, Propy has already processed more than four billion dollars in digital real estate transactions. Its acquisition strategy now aims to consolidate mid-sized regional firms with five to fifty million dollars in revenue, giving them instant access to advanced AI and blockchain tools.
By doing so, Propy converts a fragmented, low-margin industry into a high-tech, high-efficiency network where every transaction can be verified, automated, and completed in real time. Morgan Stanley projects that AI could automate 37 percent of real estate tasks and unlock 34 billion dollars in efficiency gains by 2030. Propy is not waiting for that future—it is building it.
Why Does An AI Agent like Avery Matter? The launch of Agent Avery signals a turning point for both AI and blockchain. It shows how decentralized AI agents can take on trusted, regulated roles in handling real-world assets, not just simulate human reasoning but perform the work itself.
For anyone who has ever struggled through stacks of home-buying paperwork, this marks real progress.
The next time you close on a home, your agent might not be a person at all. It might be an AI Agent named Avery who can be your onchain teammate making real estate truly real-time.
Propy CEO Natalia Karayaneva (Propy, modified by CoinDesk)Summary
Propy оголосила про розширення на суму 100 мільйонів доларів для придбання компаній з оформлення прав власності на нерухомість по всій території США та оптимізації операцій за допомогою блокчейну та штучного інтелекту.Компанія має на меті досягти оцінки у 1 мільярд доларів шляхом об’єднання прибуткових, середніх за розміром компаній у сфері титулів, повідомила генеральний директор Наталія Караянева.Propy також розробила AI-агента ескроу, Агента Ейвері, щоб зменшити неефективність і заощадити близько 40% робочого навантаження у операціях з нерухомістю.Спеціаліст із токенізації нерухомості Propy окреслив плани щодо розширення на 100 мільйонів доларів для придбання середніх компаній із оформлення титулів власності по всіх США, прагнучи оптимізувати галузь, яка досі значною мірою покладається на ручні процеси, за допомогою блокчейн-технологій та штучного інтелекту (AI).
Упродовж наступних 12 місяців ми плануємо придбати регіональні титульні компанії по всій країні, — заявила генеральний директор Propy Наталія Караянева в інтерв’ю Coindesk. — Це дозволить нам досягти оцінки в один мільярд доларів як технологічна компанія.
Для залучення коштів на ролапи Propy звернулася до поєднання традиційних та ончейн-кредиторів, зокрема з децентралізованої фінансової (DeFi) кредитної платформи Morpho. Propy стверджує, що це один із перших відомих прикладів використання ончейн-приватного кредитування для фінансування злиттів і поглинань (M&A).
Плани розширення з’являються в той час, коли зростає інтерес до токенізації нерухомості — зусилля з цифровізації прав власності на нерухомість та оптимізації транзакцій за допомогою блокчейну для підвищення ефективності. Компанії з оформлення прав власності зосереджуються на перевірці історії власності об’єкта та забезпеченні відсутності юридичних претензій, застав чи спорів, які можуть вплинути на продаж. Вони також видають страхування титулу та керують передачею юридичної власності під час операцій з нерухомістю.
Це ринок обсягом 25 мільярдів доларів, який досі переважно ведеться на паперових носіях і розподілений між майже 7 000 компаній, багато з яких є невеликими сімейними підприємствами, пояснила генеральний директор Propy Наталія Караянева в інтерв’ю Coindesk.
Компанія Propy є ліцензованою титульною фірмою і обробила цифрові операції з нерухомістю на суму 4 мільярди доларів, автоматизуючи трудомісткі процеси за допомогою штучного інтелекту. Придбавши титульні фірми середнього розміру в таких штатах, як Каліфорнія, Флорида та Техас, компанія планує оптимізувати операції, зменшити шахрайство та прискорити час закриття угод, використовуючи технології блокчейн та ШІ, додала вона.
У центрі зусиль Propy — агент Avery, штучний інтелект для ескроу, який було створено для вирішення неефективностей, що займають більшу частину часу офіцера ескроу, повідомила компанія.
Агент Avery був навчений на основі транзакційних даних Propy та працює цілодобово, підтримуючи як традиційні, так і криптовалютні платежі. За оцінками компанії, цей інструмент може скоротити навантаження приблизно на 40%, що дозволяє агентам укладати більше угод.
Разом із розширенням та розвитком штучного інтелекту Propy також додала до своєї консультативної ради колишнього посадовця Міністерства фінансів США Кріса Кемпбелла та співзасновника Science Inc. Майка Джонса, які приєдналися до попередніх призначень, зокрема колишнього комісара SEC Майкла Півоваара.
Propy CEO Natalia Karayaneva (Propy, modified by CoinDesk)Summary
Propy announced a $100 million expansion to acquire property title firms across the U.S. and streamline operation with blockchain and AI.The company aims to achieve a $1 billion valuation by rolling up profitable, mid-size title companies, CEO Natalia Karayaneva said.Propy also developed an AI escrow agent, Agent Avery, to reduce inefficiencies and save about 40% of the workload in real estate transactions.Real estate tokenization specialist Propy laid out plans for a $100 million expansion to acquire mid-size property title firms across the U.S., aiming to streamline an industry that still relies heavily on manual processes with blockchain rails and artificial intelligence (AI).
"In the next 12 months, we'll acquire regional title companies across the country," Propy CEO Natalia Karayaneva told Coindesk in an interview. "This will allow us to get to a billion dollar valuation as a tech company."
To raise funds for the rollups, Propy has tapped a mix of traditional and onchain lenders, including from decentralized finance (DeFi) credit platform Morpho. Propy claimed that it's one of the first known examples of drawing onchain private credit to fund M&A activity.
The expansion plans come at a time when interest is growing for real estate tokenization, an effort to digitize property rights and streamline transactions through blockchain for efficiency gains. Title firms focus on verifying a property's ownership history and ensure there are no legal claims, liens or disputes that could affect the sale. They also issue title insurance and manage the transfer of legal ownership during real estate transactions.
That's a $25 billion market which still remains largely paper-based and split among nearly 7,000 firms, many of them small mom-and-pop shops, Propy CEO Natalia Karayaneva explained Coindesk in an interview.
Propy itself is a licensed title firm and has processed $4 billion in digital real estate transactions automating time-consuming processes with AI. By acquiring mid-sized title firms in states like California, Florida and Texas, the company plans to streamline operations reduce fraud and speed up transaction closing times using blockchain tech and AI, she added.
Central to Propy's efforts is Agent Avery, an AI escrow agent that was built to address inefficiencies that consume the majority of an escrow officer’s time, the firm said.
Agent Avery was trained on Propy’s transaction data and operates 24/7 supporting both traditional and crypto payments. The tool can save about 40% of the workload, the firm estimated, allowing agents to close more deals.
Along with the expansion and AI development, Propy also added former U.S. Treasury official Chris Campbell and Science Inc. co-founder Mike Jones to its advisory board, joining previous appointees including ex-SEC Commissioner Michael Piwowar.
Altcoin Daily host Austin Arnold used a Jan. 1 video titled “Top 6 Crypto Altcoins To Invest In For 2026” to lay out what he framed as three “first-time” catalysts for crypto in 2026 and a corresponding list of six altcoins he says he’d “buy and hold” into that backdrop, spanning smart-contract platforms, AI infrastructure, and tokenization-focused plays.
Arnold opened with the claim that crypto sits at the center of “two mega trends”: digital assets and the tokenization of financial assets and argued the combination of macro policy, US legislation, and SEC posture could drive “trillions of dollars” of new inflows.
The 3 Bullisch Crypto Catalysts First, Arnold pointed to what he described as a monetary-policy regime shift, including the resumption of “reserve management purchases,” and framed it as supportive for risk assets broadly. “We’re starting to see significant stimulus,” he said, adding that markets were already seeing “quantitative easing light” as “the Fed is starting to buy its own bonds,” while suggesting demand for government debt could fall alongside lower rates.
Second, he argued crypto-specific regulation could function like a green light for institutional capital. He singled out the market structure focused Clarity Act, saying its passage would be “like a starter gun for ETH and SOL to run into trillions of dollars of value,” and noted discussion of a US Senate markup date of Jan. 15 with hopes of movement by late January or February.
Third, Arnold highlighted what he called a tokenization push led by SEC chair Paul Atkins, describing “Project Crypto” as an effort to “bring all of traditional finance on the blockchain.”
He paired that theme with a distribution angle around spot crypto ETFs, leaning on a quote he cited about how unusual the early ETF growth was: “These were the single best-selling product in the world and no one was allowed to make a phone call to sell it or advertise it,” he said.
Top 6 Crypto Altcoins To Invest In For 2026 Arnold’s first pick is Ethereum. He frames it as the primary beneficiary of stablecoin growth and added that stablecoins are “mostly on the Ethereum blockchain,” and tied the thesis to regulation via the Genius Act, citing a view that Treasury Secretary Scott Bessent expects the sector to grow “10x in the next few years.”
Arnold also said Ethereum’s stablecoin share rose to 53% from the high-40s “just a few months” earlier, and argued the link to ETH value accrual runs through fees: “30% of all fees on Ethereum are actually stablecoin revenue,” he said. “So as this is 10x’es the amount of fees, the amount of Ethereum being burned should be 10x to match.”
Arnold’s second pick was Solana, which he portrayed as a usage leader relative to its market value versus Ethereum. He argued Solana is “already one of or if not the most used chain in crypto,” and claimed that through 2025 it was “more used than the entire rest of the industry combined times 2 to three.” He also cited a real-world asset milestone, saying Solana “RWA holders…have surpassed 125,000 holders.”
Cardano is next, which Arnold said had a weak 2025 but could benefit from founder Charles Hoskinson’s push around Midnight. Arnold played a longer excerpt in which Hoskinson argued privacy could be the wedge that changes user behavior:
“They can go through Midnight to Cardano and they get privacy. They do something new and different,” Hoskinson said. “Midnight my view will be through hybrid applications… private prediction markets, private DEXes, private stable coins… maybe… those Bitcoin people are going to want to trade on a private DEX instead of a public DEX.”
Arnold then shifted to AI infrastructure with Bittensor (TAO), calling it “decentralized AI” plumbing and noting it had a recent “halving” and a fixed supply model he compared to Bitcoin’s. He also pointed to early-2026 ETF momentum, saying Grayscale filed an S-1 for a TAO product and Bitwise followed with a Bittensor ETF filing.
For tokenization exposure, Arnold highlighted Ondo Finance (ONDO) ahead of what he described as an Ondo Summit on Feb. 3, where “world leaders, investors, policy makers” would reconvene, and closed his list with Propy, a real-estate-focused project he said is “US licensed” for title and escrow closing and “backed by Coinbase,” positioning it as a bet on bringing home buying and selling “on-chain.”
Arnold closed his list with Propy, explicitly flagging it as the most speculative end of the spectrum and pairing it with a warning that lower-cap exposure can mean “these altcoins go to zero.”
The Altcoin Daily host described it as “essentially real estate on-chain.” He emphasized operational and regulatory positioning as part of the pitch, saying Propy is “US licensed title and escrow closing,” and also highlighted its backers: “They’re backed again by Coinbase.”
The investment thesis, as Arnold presented it, is straightforward tokenization logic applied to housing: bringing parts of the buying and selling process onto rails that can be settled and recorded on-chain, with Propy positioned as a project already operating within the US compliance perimeter he expects to matter more in 2026.
At press time, the total crypto market cap stood at $2.98 trillion.
Total crypto market cap hovers below the 2021 high again, 1-week chart | Source: TOTAL on TradingView.com Featured image created with DALL.E, chart from TradingView.com
The blockchain and crypto market is getting substantial investor interest with notable amounts flowing into key initiatives. In this respect, Propy, Metaplanet, and Mesh have witnessed the leading funding rounds in terms of valuation over the past week. As per the data from Fundraising Digest, Talos, Streamex, Flying Tulip, and Startale have also occupied the top positions in the list of the week’s prominent fundraising events. The respective rounds underscore the rising confidence in effective blockchain applications dealing with asset tokenization, trading infrastructure, Web3 innovation, and real estate.
Propy Dominates Past Week’s Top Funding Rounds with $100M Collection Propy has emerged as the leading funding round of the past week. It operates as a well-known technology entity to manage parts of diverse real estate transfers via AI and blockchain technology. Particularly, it has seen a staggering $100M in the latest funding round under the category of Debt Financing.
Subsequently, Metaplanet has experienced the 2nd top crypto fundraising event in the past week. It serves as a Japan-based publicly listed Bitcoin ($BTC) treasury entity. The platform has raised a cumulative amount of almost $78M in its Post-IPO funding round. Additionally, occupying the 3rd position among these fundings, Mesh has effectively gained up to $75M in its Series C funding round. It works as a renowned platform for crypto payment and management.
Following that, the list of the top funding rounds of the week takes into account Talos in the 4th rank. Talos is an entity devoted to the development of technology infrastructure for the trading of digital assets. In its latest funding, Talos has effectively gained a total amount of $35M in an Extended Series B round.
Startale Bottoms List, Getting $13M in Extended Series A Round Streamex has gained the 5th top project in terms of the funding. It mainly deals with the real-world asset (RWA) tokenization. Specifically, its new Post-IPO funding round has resulted in the collection of $35M. Along with that, Flying Tulip, which operates as an on-chain exchange for spot trading, structured yield, options, lending, and perpetual contracts, has obtained $25.5M in Series A funding round. Additionally, the Web3 tech platform Startale is the last among the past week’s noteworthy funding rounds, securing $13M in an Extended Series A round.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
The crypto landscape started the year 2026 with a notable spike in investor confidence. In this respect, January saw many staggering fundraising events across different projects. As per the data from Phoenix Group, Rain, BitGo, and BlackOpal emerged as the top fundraising rounds of January 2026. Along with that, LMAX Group, Alpaca, Tres Finance, 3iQ, Propy, Superstate, and Mesh have also added notable amounts. These events indicate the strong blockchain innovation as well as continued efforts for mainstream adoption.
Rain Leads January’s Crypto Funding Rounds with $250M in Collected Capital As per the market data, Rain has gained the top position among January’s notable crypto funding rounds. Specifically, it raised a total amount of up to $250M. Subsequently, BitGo emerged as the 2nd among the month’s key crypto fundraising events when it comes to valuation. So, it effectively collected a total capital of nearly $212.8M. YZiLabs reportedly led the respective funding round.
Coming after that, BlackOpal obtained the 3rd position with the collection of $200M in its funding in January. Additionally, Mars has become the leading investor in BlackOpal’s funding round. The next name on the list is LMAX Group, with its fundraising in January hitting the $150M mark. Ripple played a critical role in this event, taking the leading position among the investors.
Following that, Alpaca has also gained a crucial status among January’s crypto fundraisers. Hence, its fundraising touched the $150M spot. Kraken, BNP Paribas, and Citadel Securities were the primary contributors to the event. Simultaneously, Tres Finance made a total $130M in its fundraising in January 2026, with Fireblocks being the notable among the investors. Moreover, Coincheck led the $111.8M funding round of 3iQ in the same month.
Mesh Collects $75M in Funding during January’s Building Market Momentum Moving on, Phoenix Group’s list of January’s critical crypto funding rounds includes Propy in the 8th place. The project successfully raised $100M in its fundraising, with Metropolitan being the top among the investors. At the same time, Superstate raised $82.5M in its funding round, and Galaxy Digital was among the noteworthy investors. Ultimately, Mesh’s fundraising initiative amassed $75M from different investors like Paradigm, Coinbase Ventures, and SBI Investment.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
The KyberSwap attacker has transferred another 2000 ETH to Tornado Cash, with over 80% of the stolen funds now laundered.
According to PeckShield’s monitoring, an address identified as the KyberSwap attacker has once again transferred 2,000 ETH to Tornado Cash. Over the past two years, this attacker has cumulatively transferred and mixed 16,100 ETH via Tornado Cash, equivalent to roughly $40 million at current prices, accounting for over 80% of the $48.8 million lost in the KyberSwap attack in November 2023. Some of the stolen funds have not yet been fully transferred.
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James Wynn closed out his 40x Bitcoin short position, netting $30,000 in profits, and shifted to opening a 50x S&P 500 short position.
According to monitoring by OnchainLens, James Wynn has liquidated his 40x leveraged Bitcoin (BTC) short position, pocketing roughly $30,000 in profit. He subsequently opened a new 50x leveraged S&P 500 (SP500) short position at a price of 334.42, betting on a future decline in the US stock market.
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Micron's conference call delivers strong signals: the memory shortage will continue until 2028, and AI long-term contracts are rewriting the industry cycle narrative.
Micron Technology (MU) revealed in its early-morning earnings call that its strategic customer agreements rose from 1 to 16 sequentially, covering roughly 20% of its DRAM shipments and around one-third of its NAND shipments. Of these deals, 14 calculated at minimum contract prices represent a cumulative remaining revenue of approximately $100 billion. CEO Sanjay Mehrotra said these agreements will "fundamentally transform" the company’s business model. The key takeaway for the market is that Micron is being repositioned from a highly cyclical memory stock to an AI infrastructure provider with far greater revenue visibility. During the call, Micron disclosed it expects industry tightness to persist beyond 2027, and even as supply gradually improves in 2028, there is no clear timeline for supply to catch up with demand. Management attributed this gap to the large scale, complexity, and long lead times of new semiconductor fab construction. CFO Mark Murphy noted that DRAM revenue jumped 343% year-over-year to $31.3 billion, while NAND revenue surged 361% YoY to $9.9 billion. DRAM prices rose in the low-60% range, and NAND prices increased in the mid-80% range. He explained that the quarter’s earnings, which handily beat market expectations, were driven more by pricing power and supply-demand imbalances rather than just shipment volume. The company forecasts capital expenditure of roughly $10 billion this quarter, and $27 billion for full fiscal 2026. Fiscal 2027 quarterly capex will exceed the FY2026 fourth quarter level, with more than half allocated to cleanroom construction. However, the CFO also stated that free cash flow for the current quarter is expected to continue rising sharply. Overall, the call’s messaging sent three key signals to the market: persistent memory shortages, customer willingness to sign long-term agreements, and further upside for prices. This drove Micron’s (MU) shares to surge nearly 16% in U.S. post-market trading.
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A poll shows that a majority of U.S. voters support federal unified regulation of prediction markets.
Two polls commissioned by the Coalition for Prediction Markets show that U.S. Republican and Democratic voters both prefer federal-level unified regulation of prediction markets over state-by-state oversight. Among Republican respondents, 48% support a federal regulatory framework, while only 27% back state-level regulation. For Democratic voters, 45% favor federal regulation, compared to 35% who support state-level rules. Only 8% of respondents believe prediction markets should be banned in the U.S., and a majority of voters support consumer autonomy to choose whether to participate in such markets. The survey also found that people under 35 have the highest acceptance of prediction markets, with more than half of young respondents expressing interest in using or having already used related platforms. Currently, the U.S. Commodity Futures Trading Commission (CFTC) and prediction market platforms including Kalshi and Polymarket are in disputes with multiple state governments over regulatory authority, with the core focus being whether sports event contracts qualify as prediction market products subject to federal regulation.
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Analysis: Bitcoin miners face profit pressure, with around 20% of mining firms now operating below the break-even point.
Bitcoin miners' revenue continues to decline, with the current 7-day average daily income dropping to around $30 million, a notable pullback from the over $50 million level seen last summer. Meanwhile, on-chain transaction fee revenue has fallen to less than $250,000, accounting for an extremely small share of miners' total income. Data from JPMorgan Chase shows the average production cost is approximately $78,000, and Bitcoin’s price has remained below this level for five consecutive months — the longest such stretch in the current cycle. An estimated 20% of miners are already operating at a loss; some high-cost miners have begun frequently powering their mining rigs on and off in response to price fluctuations, leading to a stronger correlation between network hash rate difficulty and Bitcoin’s price. Additionally, Bitcoin’s mining difficulty was adjusted down by roughly 10% in the second week of June, marking the second pullback of the same magnitude this year. Publicly listed mining companies, meanwhile, are relying more on their balance sheets to sustain operations, selling over 32,000 BTC in the first quarter alone to cover operating costs. Analysts note that against the backdrop of continuously shrinking block subsidies and stagnant fee revenue, a recovery in miners’ profits will primarily depend on a rise in Bitcoin’s price.
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Japan and South Korea's stock markets opened higher, with South Korea's KOSPI index rising 2.9% and SK Hynix surging 11%.
According to Bitget market data, the Nikkei 225 index opened 1.4% higher at 70114.09. South Korea’s KOSPI index rose 2.9%. South Korean stocks SK Hynix gained 11%, while Samsung Electronics rose 5%.
Vai is a decentralized stablecoin built on the Venus Protocol operating on the Binance Smart Chain.
Launched in 2019, the Venus Protocol is governed by the XVS token. This token is designed as a fair-launch cryptocurrency without any pre-allocation to its founders or team. Liquidity providers can earn it through the Binance Launchpool.
Supported by the Venus Protocol, Vai claims to be the first decentralized stablecoin on the Binance Smart Chain, backed by a variety of stablecoins and other crypto assets without central control. Support from the Binance Smart Chain enables Vai to offer its users a high-speed, low-fee money market.
The Venus protocol is managed by its native token, XVS, which can be mined by liquidity providers, protocol borrowers, and stablecoin miners.
The protocol itself offers a user-friendly crypto asset lending and borrowing solution in the decentralized finance (DeFi) ecosystem. It allows users to borrow against collateral directly at higher speeds and lower transaction fees. Venus also enables users to mint VAI stablecoin on demand by depositing at least 200% collateral into the Venus smart contract.
Individuals providing liquidity through the Venus Protocol do not need to pass credit checks and can obtain loans by interacting with the Venus decentralized application (DApp). As it is not governed by a central authority, Venus users are not subject to arbitrary restrictions and can always provide sufficient collateral for desired liquidity.
Loans are then provided from a pool contributed to by Venus users, who can earn an annual percentage yield (APY) for their contributions. The Venus Protocol also benefits from price feed sources that provide accurate pricing data.
How to Buy Vai Coin?VAI Coin can be securely and quickly purchased through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
To buy VAI Coin, one must first register with Binance and then send fiat currency. After sending fiat currency like Turkish Lira or dollars, one can purchase Bitcoin (BTC) and BUSD to trade in the VAI pair.
Additionally, on Binance, users can place buy orders not only at the market price but also at a lower value. To do this, use the Limit tab and enter the amount and price you want to buy at.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Binance, the world’s leading crypto exchange, has announced the delisting of four digital currencies, including Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). The decision to remove these tokens from the platform comes as part of Binance’s periodic review process.
According to the latest announcement, the delisting process is scheduled to take effect on February 20, 2024, at 03:00 a.m. UTC. Following this, all trading pairs associated with these tokens, including ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, and XMR/USDT, will cease to be available for trading. Additionally, deposits of these tokens will not be credited to user accounts after February 21, 2024. Moreover, withdrawals for these tokens will be not supported after May 20, 2024.
Why Did Binance Decide To Delist Monero, Multichain, Vai & Aragon? Binance’s decision to delist these tokens is guided by a comprehensive assessment of various factors. These include the commitment of the project teams, development activity, trading volume, network stability, public communication, responsiveness to due diligence requests, and contribution to a healthy crypto ecosystem. Any evidence of unethical conduct or negligence also weighs into the decision-making process.
Monero, known for its privacy features, has faced scrutiny from regulatory bodies due to its potential use in illicit activities. While it offers anonymity to users, this very feature has raised concerns among authorities regarding its susceptibility to use in money laundering and other illegal transactions.
Multichain, Vai, and Aragon, while not as widely recognized as Monero, have also failed to meet Binance’s standards in terms of development activity, trading volume, and network stability. The delisting of these tokens underscores the crypto exchange’s commitment to maintaining a trustworthy trading environment for its users.
Also Read: Binance Tops CME In Bitcoin Futures, Is Bitcoin ETF Demand Over?
Implications Of Delisting In addition to the delisting of Monero, Multichain, Vai, and Aragon trading pairs from the spot market, Binance will also remove these pairs from its margin trading platform, futures trading, and various other services. This includes Binance Margin, Binance Futures, Binance Simple Earn, Binance Auto-Invest, Binance Loans, Binance Convert, Binance Gift Card, Binance Pay, and Trading Bots.
Despite the delisting, the CEX ensures that users’ funds are safeguarded. Any remaining balances in delisted tokens will be automatically converted into stablecoins on behalf of users. However, it’s important to note that the conversion is not guaranteed, and users will be notified before the process begins. The stablecoins will then be credited to user accounts after the conversion.
In response to the delisting announcement, users are advised to close any open positions and withdraw their assets in the above-mentioned trading pairs. In addition, they are advised to manage any associated products such as Simple Earn, Auto-Invest, Loans, Margin, Futures, Convert, Gift Cards, Pay, and Trading Bots before the stipulated deadlines to avoid any potential losses.
Also Read: Binance Co-founder Announces $5 Million Reward for Reporting Insider Trading
Vai Coin, is the native decentralized stable cryptocurrency of the Venus protocol, operating directly on the Binance Smart Chain.
What is Vai (VAI)?Venus provides VAI, the world’s first decentralized stablecoin backed by a basket of decentralized stablecoins and crypto assets, operating on the Binance Smart Chain. The Venus protocol has officially launched its mainnet on BSC. Users can access a high-speed and low-fee money market that allows the production of the first synthetic stablecoin called VAI.
The Venus protocol is governed by its native cryptocurrency XVS, which can be mined by liquidity providers, borrowers, and stablecoin miners. Venus protocol users can supply, borrow, and use assets like Swipe (SXP), Binance Coin (BNB), USDT, USDC, BUSD, and VENUS (XVS) to participate in liquidity mining incentives and produce VAI.
The protocol offers an easy-to-use solution for lending and borrowing crypto assets within the decentralized finance ecosystem. Since it is not managed by a central authority, Venus users are not subject to arbitrary restrictions. Loans are provided from a pool to which Venus users contribute. Additionally, the Venus protocol leverages price feed oracles to provide accurate pricing data.
VAI Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. Vai Coin is traded on the Binance platform in the BTC/VAI and BUSD/VAI pairs.
To buy VAI, you must first register with the Binance exchange. Once the registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance account wallet. After completing the transfer, you can trade VAI Coin in the two pairs mentioned above. To buy from the BUSD/VAI trading pair, you should first navigate to this pair’s interface. Enter the amount you want to purchase in the limit section of the BUSD/VAI interface and then complete the purchase.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
In a blog post on Tuesday, Binance Exchange, the largest crypto trading platform by volume, announced the automatic conversion of several delisted tokens to USDC.
This action will be executed based on the average token to USDC exchange rate within the conversion period.
What Binance Exchange Users Need To KnowAfter delisting 10 tokens from its catalog, Binance said in a follow-up message that it would convert them to USDC automatically, enabling holders to access their funds. After the conversion happens, the exchange will credit the stablecoin equivalent of the affected tokens to users’ wallets by April 28, 2025. The tokens include:
Vai (VAI) Tornado Cash (TORN) OMG Network (OMG) Waves (WAVES) NEM (XEM) BarnBridge (BOND) Dock (DOCK) Mdex (MDX) Polkastarter (POLS) Pundi X PURSE (PURSE) Read more: Binance Review 2024: Is It the Right Crypto Exchange for You?
Holders of these tokens should adjust their trading strategies accordingly to prepare for the upcoming changes. Failure to do so by October 28 would see them automatically converted to USDC, effectively phasing out the affected tokens from the exchange.
“During the Conversion Period [between October 29, 2024 and April 28, 2025], users will not be able to view the above tokens in their Binance wallets,” Binance articulated.
In this regard, it is worth mentioning that the history of Binance’s tokens delisting often inspires volatility. For instance, the exchange delisted six altcoins around mid-August, causing double-digit price drops for PowerPool (CVP) and Ellipsis (EPX). These tokens also featured among the delisted assets.
However, Binance is not only removing several tokens but also adding new ones to its platform. One of the notable additions is Scroll (SCR), a zkRollup scaling solution for Ethereum.
As per the announcement, SCR will be listed on October 11, with pre-market trading for the SCR/USDT pair set to open. This move supports Ethereum’s scalability by enabling faster, more efficient transactions while maintaining security and decentralization.
“Binance is excited to announce the 60th project on Binance Launchpool – Scroll (SCR), a Bytecode-level compatible zkEVM Rollup,” an excerpt in Binance’s announcement read.
Read more: What are Crypto Airdrops?
With this listing notice, Binance becomes the first platform to list Scroll’s powering token. The exchange will also airdrop 55,000,000 SCR, representing 5.5% of the total supply. Airdrop farming will start on Wednesday, October 9. The participants must lock their BNB and FDUSD to receive the SCR tokens.
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Pēdējos gados Mystery Box ir kļuvis par populāru veidu, kā apvienot iepirkšanos ar pārsteigumiem. Klienti pasūta paku, nezinot, ko tieši tā satur, un tas arī rada uztraukumu un prieku. Viens no pazīstamākajiem šo paku veidiem ir Shein Mystery Box “parakstītais noslēpumainais piedāvājums” kas īpaši uzrunā modes un tendenču cienītājus.
Pārbaudiet JemLit piedāvājumu
Shein Mystery Box fenomena izplatība Pēdējos gados pārsteiguma kastes ir piedzīvojušas uzplaukumu visā pasaulē, un zīmols Shein, kas ir pazīstams ar savu orientēšanos uz pieejamu un mūsdienīgu modi, ir ātri pārņēmis šo konceptu. Shein Mystery Box apvieno populārākos spontānas iepirkšanās, pārsteigumu un izdevīgu piedāvājumu elementus, kas padara to par pievilcīgu iepirkšanās veidu plašai pircēju grupai, jo īpaši jaunākās paaudzes pārstāvjiem.
Šāda formāta popularitāte turpina pieaugt līdz ar sociālo plašsaziņas līdzekļu nozīmes palielināšanos, kur lietotāji dalās ar tā sauktajiem ”izpakošanas“ video, atsauksmēm un autentiskām reakcijām uz paku saturu. Līdz ar to tādas platformas kā TikTok, Instagram un YouTube ir ievērojami veicinājušas šīs tendences izplatību un izveidojušas ap to spēcīgu fanu kopienu.
Interneta lietotāji, kuri, meklējot izdevīgus piedāvājumus, ieraksta Google meklētājā vaicājumu “Mystery box Latvia” un nolemj pasūtīt Shein Mystery Box, iegūst piekļuvi plašam jaunāko un lētāko produktu klāstam, kas pārsteidz ar negaidītiem atklājumiem, vienlaikus neradot lielu finansiālu slodzi. Lai gan tas ir akls pirkums, bieži vien tieši neparedzētais rada prieku vai vismaz ziņkārību, kas motivē veikt vēl vairākus pirkumus.
Kāpēc izmēģināt Shein Mystery Box? Interese par Shein Mystery Box nav saistīta tikai ar pārsteiguma jautrību – šim iepirkšanās veidam ir arī praktiskas priekšrocības, kas piesaista arvien vairāk pircēju. Tiem, kas vēlas atjaunot savu garderobi ar jauniem elementiem bez ilgstoša izvēles procesa, noslēpumainā kaste var būt ideāls risinājums. Nevar neņemt vērā faktu, ka JemLit piedāvā arī bezmaksas dāvanas. Lūk, galvenie iemesli, kāpēc to izmēģināt:
Jaunas modes detaļas bez liekas piepūles Shein Mystery Box ērtums ir viens no galvenajiem klientu ieguvumiem, jo viņiem nav jāpieņem lēmums par izvēli starp simtiem produktu – piegādātājs visu izdarīs viņu vietā. Tas ietaupa laiku un arī ļauj klientam atklāt jaunus stilus, kurus viņš parasti nebūtu izvēlējies. Daudzi klienti šo pieeju raksturo kā atsvaidzinošu, jo pārsteiguma kaste bieži vien satur praktiskas un jaunas lietas, kas paplašina modes redzesloku.
Iespējams, Mystery box ļauj ietaupīt naudu Kastes satura cena bieži vien ir zemāka nekā atsevišķu produktu cenu summa, ja tie tiktu nopirkti atsevišķi. Tas nozīmē, ka klientam ir reāla iespēja saņemt vairāk produktu par mazāku cenu. Šis potenciālais ietaupījums ir viens no galvenajiem iemesliem, kāpēc cilvēki apsver šāda veida pirkumu. Tomēr ir svarīgi piebilst, ka apmierinātība ir atkarīga no saņemto preču kvalitātes un atbilstības – arī tāpēc ir labi izvēlēties pārbaudītus pakalpojumu sniedzējus.
Vai Shein Mystery Box ir krāpšana, vai tas ir tā vērts? Tiklīdz kaut kas kļūst virāls, neizbēgami rodas jautājumi par uzticamību. Shein Mystery Box nav izņēmums. Internetā valda dažādi viedokļi – no lieliskām atsauksmēm līdz brīdinājumiem, ka tā ir krāpšana. Kur ir patiesība?
Kam jāpievērš uzmanība Ir svarīgi atšķirt Shein oficiālo noslēpumaino kasti (piemēram, akcijas ietvaros) no pārsteiguma kastēm, ko piedāvā ārējie mazumtirgotāji, apgalvojot, ka tās satur Shein produktus. Tieši pēdējās var sagādāt vislielāko neapmierinātību. Daži klienti norāda, ka ir saņēmuši nekvalitatīvas vai neatbilstošas preces, bieži vien bez iespējas tās atgriezt vai iesniegt sūdzību.
Kas var darboties labi No otras puses, ir vairāki pakalpojumu sniedzēji, kas piedāvā godīgas pārsteigumu kastes ar atbilstošu saturu un saprātīgām cenām. Galvenais ir izvēlēties pārbaudītu pārdevēju un izlasīt citu klientu atsauksmes par Shein Mystery Box. Ja vien cilvēks vadās pēc sabiedrības pieredzes un viņam ir reālistiskas cerības, noslēpumainā kaste var būt jautrs un ērts veids, kā paplašināt savu garderobi. Viena no šādām platformām ir JemLit.
Reāla pieredze Ņemot vērā pieaugošo Shein Mystery Box popularitāti mūsdienās, ir viegli atrast desmitiem atsauksmju par Shein pārsteigumu kastēm gan no regulārajiem pircējiem, gan no populāriem Latvijas influenceriem. Šī pieredze bieži sniedz vērtīgu ieskatu par to, ko sagaidīt no šādas pakas – un no kā būtu jāuzmanās. Rezultāti var būt ļoti atšķirīgi.
Shein Mystery Box pārskats Pozitīvo atsauksmju vidū atrodami sajūsmas pilni stāsti, kuros klienti saņēmuši pakas ar modes aksesuāriem un sezonas hitiem. Dažas kastes pārsteidz ar daudzveidību, citas – ar kvalitāti, kas pārsniedz cerēto, ņemot vērā noteikto cenu. Lietotāji sociālajos plašsaziņas līdzekļos bieži dalās ar savu “ izpakošanas” pieredzi – šie ieraksti kalpo ne tikai kā reklāma, bet arī kā iedvesma un pārbaudītu pakalpojumu sniedzēju avots.
Un, ja jums nepaveicas… Saraksta pretējā galā ir atsauksmes, kas brīdina par sliktu kvalitāti, atkārtotiem priekšmetiem vai saturu, kas neatbilst aprakstam. Bieži neapmierina arī preces, kas neatbilst izmēram, slikti pieguloši apģērbi vai novecojušas modes tendences.
Ievērojiet šos noteikumus Lai jūsu pārsteiguma kaste radītu pozitīvu iespaidu, nevis izraisītu neapmierinātību, ieteicams ievērot dažus vienkāršus noteikumus:
Izlasiet atsauksmes par konkrētiem pārdevējiem un meklējiet reālu pircēju fotogrāfijas. Izvēlieties pārbaudītus avotus – vislabāk tieši no Shein vai partneru mazumtirgotājiem. Pārbaudiet noteikumus un nosacījumus – jo īpaši atgriešanas politiku. Saglabājiet reālistiskas cerības – Mystery box nav personalizēts pakalpojums, tas ir pārsteigums. Shein noslēpumu kastes var būt jautras, pieejamas un motivējošas – ja vien izvēlaties tās ar skaidru izpratni un informētu pieeju.
Shein pārsteiguma kaste JemLit vietnē Viens no populārākajiem un uzticamākajiem Shein Mystery Box pakalpojumu sniedzējiem neapšaubāmi ir JemLit.com platforma. Šis mazumtirgotājs ir izpelnījies klientu atzinību, pateicoties caurspīdīgai pieejai attiecībā uz laimestu iespējām un tam, ka tas piedāvā tikai oriģinālus Shein produktus.
Katrā JemLit piedāvātajā Mystery box var atrasties stilīgi modes elementi, piemēram, kleitas, rokassomas vai aksesuāri, vai arī Shein dāvanu karte no 50 līdz 1000 eiro vērtībā. Liels pluss ir tas, ka klienti precīzi zina, kādas ir viņu izredzes – nekādu slēptu nosacījumu vai maldinošu solījumu. Satura vērtība bieži vien pārsniedz pašas kastes cenu, kas padara to par pievilcīgu izvēli attiecībā uz cenas un vērtības attiecību. Turklāt sortiments ir daudzveidīgs, pielāgots dažādiem budžetiem un modes vēlmēm, un ar piegādes iespējām visā pasaulē, tostarp arī Latvijā.
No otras puses, ir daži ierobežojumi, ar kuriem jārēķinās. Kad klients ir pasūtījis kasti, to nevar atgriezt. Atsevišķu kastu saturs var ievērojami atšķirties, kas var nebūt piemērots tiem, kam ir precīzs priekšstats par to, ko viņi vēlas. Lai gan vērtīgākas balvas ir diezgan lielas, nevar gaidīt, ka katrā kastē būs vērtīga dāvanu karte. Turklāt daži populāri Mystery box varianti mēdz tikt ātri izpārdoti, tāpēc jums jārīkojas ātri.
Pārbaudiet JemLit piedāvājumu
Secinājums par Shein Mystery Box: Modes pārsteigumi Shein Mystery Box ir jautrs, bet vienlaikus pieejams veids, kā atjaunot savu garderobi un piedzīvot pārsteigumus. Lai gan ne vienmēr ir garantēts, ka saturs precīzi būs atbilstošs jūsu gaumei, pateicoties tādiem pārredzamiem mazumtirgotājiem kā JemLit un arvien pieaugošajam atsauksmju skaitam, neveiksmīga pirkuma risku var samazināt līdz minimumam.
New York, United States, November 11th, 2025, Chainwire
Threshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.
Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the majority are affluent investors rather than small retail holders.
Since the approval of U.S. spot Bitcoin ETFs, institutional participation has grown rapidly. Institutional holdings reached $414 billion in August 2025, driven by ETF inflows and corporate treasury strategies. Corporate reserves increased 40% in Q3 to $117 billion, while 172 listed companies now hold Bitcoin, collectively owning over 1 million BTC. MicroStrategy remains the largest corporate holder with 640,000 BTC, and as of October 2025, U.S. spot Bitcoin ETFs manage $169.48 billion in assets, representing 6.79% of Bitcoin’s market cap. Threshold sees this shift as an opportunity to shift to institutional positioning.
Renewed Focus: Institutional Access with Bitcoin’s Integrity
The redesigned Threshold Network website features a clean, minimal layout designed for clarity and accessibility. It represents Threshold’s transition from a single protocol to a comprehensive ecosystem that enables Bitcoin to move freely across financial markets.
The accompanying tBTC app has been upgraded to simplify the Bitcoin-to-DeFi experience. Users can now mint tBTC directly to supported chains with a single BTC transaction, without secondary approvals or unnecessary steps. Redemptions back to Bitcoin mainnet are equally straightforward, mirroring Bitcoin’s simplicity while maintaining full decentralization.
The upgrade also introduces several new features:
Use tBTC: A new section built to help users discover where they can deploy tBTC or put their Bitcoin to work. It provides a comprehensive overview of tBTC integrations across multiple DeFi protocols. Vaults: a new dashboard that consolidates integrated tBTC vault strategies into a single interface. It allows users to access curated, externally managed vault strategies built for ease of use. My Activity: This section offers a unified record of all user actions across minting, redeeming, and vault participation. Every transaction is logged onchain, allowing users to easily track their history and monitor performance over time.
The New tBTC App: Simplicity and Precision for Large Scale Adoption
The new tBTC app introduces a simplified interface focused on efficiency, transparency, and security. It allows users to move between Bitcoin and DeFi markets seamlessly while maintaining complete self-custody of their assets.
Streamlined Minting and Redemption
Users can now move effortlessly between Bitcoin and a range of supported networks, including Ethereum, Layer 2s, and non-EVM chains, through a single, seamless process.
This new functionality removes the friction traditionally involved in bringing Bitcoin into DeFi. Users can now mint and redeem tBTC quickly, securely, and without unnecessary costs or approvals.
Direct minting to supported chains enables capital to flow efficiently into DeFi markets, allowing institutions to deploy Bitcoin liquidity across multiple ecosystems without relying on centralized intermediaries. Direct redemption to Bitcoin mainnet gives users confidence that they can always return to native Bitcoin, maintaining trust and liquidity across all use cases. No Layer 2 signing required means that even complex transactions can be completed with a single Bitcoin transfer, reducing operational overhead for institutional treasuries and simplifying onboarding for individual users. Together, these upgrades position tBTC as the most efficient and permissionless access for Bitcoin in DeFi markets.
Gasless Minting on Supported Networks
Gasless minting is now possible on supported networks. Users only need to deposit Bitcoin; no wallet signatures or additional gas fees are required. They simply connect their wallet, send Bitcoin to a single-use address, and receive tBTC on their chosen chain. This feature allows users to utilize Bitcoin capital efficiently without compromising custody or cost.
“This is a major protocol upgrade that represents Threshold’s maturity as a network,” said Callan Sarre, Co-Founder and CPO of Threshold Labs.
“We’ve rebuilt the app to give users a unified experience. Mint, redeem, and deploy Bitcoin faster, with confidence and transparency. The new interface delivers what users, both institutional and individual, have consistently asked for: clarity and control without compromise.”
Building the Future of Bitcoin
Threshold Network, a cross-chain Bitcoin infrastructure protocol that enables BTC to move securely across multiple blockchains, has upgraded its app to support direct minting to supported networks with zero gas fees. The upgrade allows Bitcoin holders to access yield strategies, lending markets, and liquidity provision without first routing transactions through Ethereum Layer 1.
This release enables users to mint tBTC directly from the Bitcoin network into supported onchain ecosystems, removing the need for L1 bridging and significantly simplifying user onboarding.
“The scale of institutional adoption since ETF approvals has been extraordinary,” said MacLane Wilkison, Co-Founder and CEO of Threshold Labs.
“Our focus is on building the infrastructure that allows institutions, funds, and corporates to interact with Bitcoin onchain securely. As traditional finance integrates Bitcoin into its portfolios, tBTC stands as the bridge that ensures this participation remains decentralized and transparent.”
With tBTC available across major ecosystems, including Ethereum, Arbitrum, Base, Polygon, Sui, Starknet, BOB, and Optimism, Threshold continues to expand its integrations to increase liquidity and, soon, enable access to institutional capital.
Users can explore the new app and website at https://threshold.network
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a permissionless 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, Sui, Arbitrum, and Starknet without requiring custodians or compromising security. With over 5 years of proven security and about $4.8B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure onchain.
Contact Head of Marketing
RC Ramos
Threshold Network [email protected]
New York, United States, November 11th, 2025, Chainwire
Threshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.
Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the majority are affluent investors rather than small retail holders.
Since the approval of U.S. spot Bitcoin ETFs, institutional participation has grown rapidly. Institutional holdings reached $414 billion in August 2025, driven by ETF inflows and corporate treasury strategies. Corporate reserves increased 40% in Q3 to $117 billion, while 172 listed companies now hold Bitcoin, collectively owning over 1 million BTC. MicroStrategy remains the largest corporate holder with 640,000 BTC, and as of October 2025, U.S. spot Bitcoin ETFs manage $169.48 billion in assets, representing 6.79% of Bitcoin’s market cap. Threshold sees this shift as an opportunity to shift to institutional positioning.
Renewed Focus: Institutional Access with Bitcoin’s Integrity
The redesigned Threshold Network website features a clean, minimal layout designed for clarity and accessibility. It represents Threshold’s transition from a single protocol to a comprehensive ecosystem that enables Bitcoin to move freely across financial markets.
The accompanying tBTC app has been upgraded to simplify the Bitcoin-to-DeFi experience. Users can now mint tBTC directly to supported chains with a single BTC transaction, without secondary approvals or unnecessary steps. Redemptions back to Bitcoin mainnet are equally straightforward, mirroring Bitcoin’s simplicity while maintaining full decentralization.
The upgrade also introduces several new features:
Use tBTC: A new section built to help users discover where they can deploy tBTC or put their Bitcoin to work. It provides a comprehensive overview of tBTC integrations across multiple DeFi protocols. Vaults: a new dashboard that consolidates integrated tBTC vault strategies into a single interface. It allows users to access curated, externally managed vault strategies built for ease of use. My Activity: This section offers a unified record of all user actions across minting, redeeming, and vault participation. Every transaction is logged onchain, allowing users to easily track their history and monitor performance over time.
The New tBTC App: Simplicity and Precision for Large Scale Adoption
The new tBTC app introduces a simplified interface focused on efficiency, transparency, and security. It allows users to move between Bitcoin and DeFi markets seamlessly while maintaining complete self-custody of their assets.
Streamlined Minting and Redemption
Users can now move effortlessly between Bitcoin and a range of supported networks, including Ethereum, Layer 2s, and non-EVM chains, through a single, seamless process.
This new functionality removes the friction traditionally involved in bringing Bitcoin into DeFi. Users can now mint and redeem tBTC quickly, securely, and without unnecessary costs or approvals.
Direct minting to supported chains enables capital to flow efficiently into DeFi markets, allowing institutions to deploy Bitcoin liquidity across multiple ecosystems without relying on centralized intermediaries. Direct redemption to Bitcoin mainnet gives users confidence that they can always return to native Bitcoin, maintaining trust and liquidity across all use cases. No Layer 2 signing required means that even complex transactions can be completed with a single Bitcoin transfer, reducing operational overhead for institutional treasuries and simplifying onboarding for individual users. Together, these upgrades position tBTC as the most efficient and permissionless access for Bitcoin in DeFi markets.
Gasless Minting on Supported Networks
Gasless minting is now possible on supported networks. Users only need to deposit Bitcoin; no wallet signatures or additional gas fees are required. They simply connect their wallet, send Bitcoin to a single-use address, and receive tBTC on their chosen chain. This feature allows users to utilize Bitcoin capital efficiently without compromising custody or cost.
“This is a major protocol upgrade that represents Threshold’s maturity as a network,” said Callan Sarre, Co-Founder and CPO of Threshold Labs.
“We’ve rebuilt the app to give users a unified experience. Mint, redeem, and deploy Bitcoin faster, with confidence and transparency. The new interface delivers what users, both institutional and individual, have consistently asked for: clarity and control without compromise.”
Building the Future of Bitcoin
Threshold Network, a cross-chain Bitcoin infrastructure protocol that enables BTC to move securely across multiple blockchains, has upgraded its app to support direct minting to supported networks with zero gas fees. The upgrade allows Bitcoin holders to access yield strategies, lending markets, and liquidity provision without first routing transactions through Ethereum Layer 1.
This release enables users to mint tBTC directly from the Bitcoin network into supported onchain ecosystems, removing the need for L1 bridging and significantly simplifying user onboarding.
“The scale of institutional adoption since ETF approvals has been extraordinary,” said MacLane Wilkison, Co-Founder and CEO of Threshold Labs.
“Our focus is on building the infrastructure that allows institutions, funds, and corporates to interact with Bitcoin onchain securely. As traditional finance integrates Bitcoin into its portfolios, tBTC stands as the bridge that ensures this participation remains decentralized and transparent.”
With tBTC available across major ecosystems, including Ethereum, Arbitrum, Base, Polygon, Sui, Starknet, BOB, and Optimism, Threshold continues to expand its integrations to increase liquidity and, soon, enable access to institutional capital.
Users can explore the new app and website at https://threshold.network
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a permissionless 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, Sui, Arbitrum, and Starknet without requiring custodians or compromising security. With over 5 years of proven security and about $4.8B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure onchain.
ContactHead of Marketing
RC Ramos
Threshold Network [email protected]
This article is not intended as financial advice. Educational purposes only.
[PRESS RELEASE – New York, United States, November 11th, 2025]
Threshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.
Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the majority are affluent investors rather than small retail holders.
Since the approval of U.S. spot Bitcoin ETFs, institutional participation has grown rapidly. Institutional holdings reached $414 billion in August 2025, driven by ETF inflows and corporate treasury strategies. Corporate reserves increased 40% in Q3 to $117 billion, while 172 listed companies now hold Bitcoin, collectively owning over 1 million BTC. MicroStrategy remains the largest corporate holder with 640,000 BTC, and as of October 2025, U.S. spot Bitcoin ETFs manage $169.48 billion in assets, representing 6.79% of Bitcoin’s market cap. Threshold sees this shift as an opportunity to shift to institutional positioning.
Renewed Focus: Institutional Access with Bitcoin’s Integrity
The redesigned Threshold Network website features a clean, minimal layout designed for clarity and accessibility. It represents Threshold’s transition from a single protocol to a comprehensive ecosystem that enables Bitcoin to move freely across financial markets.
The accompanying tBTC app has been upgraded to simplify the Bitcoin-to-DeFi experience. Users can now mint tBTC directly to supported chains with a single BTC transaction, without secondary approvals or unnecessary steps. Redemptions back to Bitcoin mainnet are equally straightforward, mirroring Bitcoin’s simplicity while maintaining full decentralization.
The upgrade also introduces several new features:
Use tBTC: A new section built to help users discover where they can deploy tBTC or put their Bitcoin to work. It provides a comprehensive overview of tBTC integrations across multiple DeFi protocols. Vaults: a new dashboard that consolidates integrated tBTC vault strategies into a single interface. It allows users to access curated, externally managed vault strategies built for ease of use. My Activity: This section offers a unified record of all user actions across minting, redeeming, and vault participation. Every transaction is logged onchain, allowing users to easily track their history and monitor performance over time.
The New tBTC App: Simplicity and Precision for Large Scale Adoption
The new tBTC app introduces a simplified interface focused on efficiency, transparency, and security. It allows users to move between Bitcoin and DeFi markets seamlessly while maintaining complete self-custody of their assets.
Streamlined Minting and Redemption
Users can now move effortlessly between Bitcoin and a range of supported networks, including Ethereum, Layer 2s, and non-EVM chains, through a single, seamless process.
This new functionality removes the friction traditionally involved in bringing Bitcoin into DeFi. Users can now mint and redeem tBTC quickly, securely, and without unnecessary costs or approvals.
Direct minting to supported chains enables capital to flow efficiently into DeFi markets, allowing institutions to deploy Bitcoin liquidity across multiple ecosystems without relying on centralized intermediaries. Direct redemption to Bitcoin mainnet gives users confidence that they can always return to native Bitcoin, maintaining trust and liquidity across all use cases. No Layer 2 signing required means that even complex transactions can be completed with a single Bitcoin transfer, reducing operational overhead for institutional treasuries and simplifying onboarding for individual users. Together, these upgrades position tBTC as the most efficient and permissionless access for Bitcoin in DeFi markets.
Gasless Minting on Supported Networks
Gasless minting is now possible on supported networks. Users only need to deposit Bitcoin; no wallet signatures or additional gas fees are required. They simply connect their wallet, send Bitcoin to a single-use address, and receive tBTC on their chosen chain. This feature allows users to utilize Bitcoin capital efficiently without compromising custody or cost.
“This is a major protocol upgrade that represents Threshold’s maturity as a network,” said Callan Sarre, Co-Founder and CPO of Threshold Labs.
“We’ve rebuilt the app to give users a unified experience. Mint, redeem, and deploy Bitcoin faster, with confidence and transparency. The new interface delivers what users, both institutional and individual, have consistently asked for: clarity and control without compromise.”
Building the Future of Bitcoin
Threshold Network, a cross-chain Bitcoin infrastructure protocol that enables BTC to move securely across multiple blockchains, has upgraded its app to support direct minting to supported networks with zero gas fees. The upgrade allows Bitcoin holders to access yield strategies, lending markets, and liquidity provision without first routing transactions through Ethereum Layer 1.
This release enables users to mint tBTC directly from the Bitcoin network into supported onchain ecosystems, removing the need for L1 bridging and significantly simplifying user onboarding.
“The scale of institutional adoption since ETF approvals has been extraordinary,” said MacLane Wilkison, Co-Founder and CEO of Threshold Labs.
“Our focus is on building the infrastructure that allows institutions, funds, and corporates to interact with Bitcoin onchain securely. As traditional finance integrates Bitcoin into its portfolios, tBTC stands as the bridge that ensures this participation remains decentralized and transparent.”
With tBTC available across major ecosystems, including Ethereum, Arbitrum, Base, Polygon, Sui, Starknet, BOB, and Optimism, Threshold continues to expand its integrations to increase liquidity and, soon, enable access to institutional capital.
Users can explore the new app and website at https://threshold.network
About Threshold Network
Threshold Network is the decentralized protocol behind tBTC, a permissionless 1:1 Bitcoin-backed asset secured by a 51-of-100 threshold signer model. tBTC enables native BTC to move across chains like Ethereum, Base, Sui, Arbitrum, and Starknet without requiring custodians or compromising security. With over 5 years of proven security and about $4.8B in bridge volume, Threshold offers the most battle-tested, trust-minimized Bitcoin infrastructure onchain.
