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S&P Global plans to launch a new benchmark index that tracks a wide range of digital assets and blockchain-related companies, signaling growing recognition of the crypto sector within traditional finance.The S&P Digital Markets 50 Index, created in partnership with tokenization company Dinari, includes 15 cryptocurrencies with a market capitalization of at least $300 million and 35 publicly traded companies in the sector with a market cap of at least $100 million, S&P announced Tuesday. Constituents have not yet been published, but no single component will exceed 5% of the index. Some of the sector’s biggest companies include Bitcoin treasury company…
XRP is catching retail skepticism again in a gauge that has historically proven profitable for contrarian bets.Data from Santiment shows the token’s bullish-to-bearish commentary ratio slipped under 1.0 twice in the past three days — October 4th (0.74) and October 6th (0.86) — levels that historically line up with fear-driven selling pressure.😮 XRP is seeing it’s highest level of retail FUD since Trump’s tariffs were announced 6 months ago. There have been more bearish comments than bullish for 2 of the past 3 days, which is generally a promising buy signal. Markets move opposite to small trader expectations. pic.twitter.com/flO7jjlo9m— Santiment…
Curaçao, Curaçao, October 6th, 2025, Chainwire In a strategic move bridging blockchain and cricket, BC.GAME News has signed on as the title sponsor of Deccan Gladiators — the three-time champions of the Abu Dhabi T10 League, for the upcoming 2025 season. The partnership marks another step in the ongoing convergence between Web3 brands and mainstream sports. With its logo taking center stage on the Gladiators’ jersey, BC.GAME News is tapping into one of cricket’s most dynamic properties — a team that has reached five finals in the past six seasons and secured titles in 2021, 2022, and 2024. The Abu…
Investment bank KBW initiated coverage of Gemini Space Station (GEMI) with a market perform rating and a $27 price target, describing the crypto exchange as a well-rounded digital asset platform poised for long-term growth.Nevertheless, wrote analyst Bill Papanastasiou, Gemini for now remains unprofitable and discounted valuation to competitor Coinbase is warranted “as the impact fromexecution and market risk is elevated.”KBW said Gemini’s ecosystem, spanning trading, custody, credit cards, staking, stablecoins, and tokenized equities, offers cross-selling potential as the crypto market expands.The bank highlighted Gemini’s credit card business as a key growth driver, noting that it has more than 100,000 users…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Bitcoin’s exchange withdrawals have climbed to their highest sustained level since 2022, even as the asset trades near record highs.While current outflows remain below the 2023 accumulation peak, the renewed withdrawal trend highlights a behavioral shift in how investors gain exposure to Bitcoin.Institutional demand increasingly flows through spot exchange-traded funds (ETFs) rather than direct purchases, leaving retail holders as the main force behind on-chain accumulation.Bitcoin netflows at multi-year lowsData from CryptoQuant shows that the 14-day Simple Moving Average (SMA) of Bitcoin exchange netflows has moved past neutral territory, with 7,500 BTC withdrawn over the past two weeks.That figure represents a…
IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to surpass $500 million in annualized run-rate revenue (ARR) by the end of Q1 2026 from 23,000 GPUs in operation or on order.Contracts covering 11,000 GPUs have already been signed, representing around $225 million in ARR expected to come online by the end of 2025. With average two-year contract terms and revenue payback periods, IREN is scaling across its British Columbia campuses and Horizon 1 and 2 data centers in Texas, which…
Digital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license from the Virtual Assets Regulatory Authority (VARA) in Dubai, allowing the company to provide “regulated digital asset trading and intermediation services to institutional clients.” The move came just a few weeks after BitGo said its European subsidiary could offer crypto services to local investors under a license from Germany’s Federal Financial Supervisory Authority.“This approval allows us to…
XRP’s price history and trajectory have always caused debates among cryptocurrency enthusiasts, especially when compared to Bitcoin’s growth. Bitcoin has soared more than sixfold in the past seven years, but XRP is still trading around $3.02, roughly the same level it was trading at in early 2018. This comparison recently resurfaced in a post by analyst Adam Livingston on the social media platform X, who pointed out that XRP’s lack of progress stands in stark contrast to Bitcoin’s 608% surge during the same period. In response, Digital Asset Investor, a well-known voice in the XRP community, explained that the stagnation…
Crypto analyst Barri C believes the XRP price could soon undergo a significant market movement. He says the chart pattern now resembles almost precisely what it did years ago, before XRP experienced its most notable price surge. The analyst thinks the market is repeating the same setup that once sent XRP soaring, and this could push the price to much higher levels in the coming months as trading activity and excitement build again. Analyst Says XRP Price Market Structure Mirrors 2017 Setup Barri C said that the XRP market is repeating what it did in 2017 before its sharp rise.…