Headlines

Standard Chartered Extends Institutional Bitcoin and Ether Spot Trading to the UAE

The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services. Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service…

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Goldman, Jane Street Lead the List

Key Takeaways Goldman Sachs led disclosed spot XRP ETF holders with $87.4 million. The top 10 included banks, trading firms, and wealth managers. Investment advisers accounted for $120.9 million of total exposure. Goldman Sachs Leads XRP ETF Holder Rankings Institutional investors held $183.5 million across U.S. spot XRP exchange-traded funds (ETFs) at the end of…

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Robinhood Chain activity is mostly ‘degen flow,’ ARK researcher says

Robinhood Chain has recorded less than 1% of its analyzed transactions through a contract clearly linked to Robinhood Wallet users, according to ARK Invest research director Lorenzo Valente. Summary Less than 1% of analyzed transactions passed through the confirmed Robinhood Wallet swap route. Valente estimated Robinhood-linked activity could reach about 5% after including unidentified contracts….

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BIS Tests XRP Ledger to Anchor Official Statistics On-Chain in Proof-of-Concept Paper

A BIS working paper tested the XRP Ledger as a proof-of-concept for verifying official statistics on-chain. Here’s what it found. A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds…

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Bitcoin price slips below $80K as jobs data lifts hike bets

Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500. Summary Bitcoin price traded near $79,600 after retreating from an intraday high around $81,370. US employers added 162,000 jobs in August, while unemployment remained unchanged at 4.1%….

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