com. Texas has made its first $10 million Bitcoin purchase through BlackRock’s IBIT ETF, marking the inaugural state-level investment in BTC as part of a strategic reserve plan aimed at long-term financial stability and eventual self-custody. S. states in public adoption. State officials outline transition from ETF to full self-custody once infrastructure is ready. Reserve fund could expand to include Ethereum if it sustains a market cap over $500 billion for two years, per legislative guidelines. Explore implications for institutional crypto adoption. Stay informed on digital asset strategies-read more now. What is Texas’s First Bitcoin Investment Through BlackRock’s IBIT? Texas’s first Bitcoin investment involves a $10 million purchase executed through BlackRock’s spot Bitcoin ETF, IBIT, on November 20 at an estimated price of $87,000 per BTC. Texas Bitcoin investment represents a pioneering move by a U. S. state to integrate digital assets into public reserves for long-term stability. This step aligns with state legislation recognizing Bitcoin as a strategic asset, using the ETF as an interim compliant vehicle while self-custody systems are developed. How Does Texas Plan to Transition to Self-Custody for Its Bitcoin Holdings? The Texas Treasury, under Comptroller Kelly Hancock, selected BlackRock’s IBIT for this initial allocation to ensure regulatory compliance during the setup phase. Officials have confirmed intentions to shift to direct self-custody once a robust framework is in place, minimizing third-party risks associated with ETF structures. Lee Bratcher of the Texas Blockchain Council emphasized that this purchase followed extensive market monitoring, highlighting the state’s commitment to secure, sovereign control over its digital reserves. Supporting data from public filings shows the investment draws from a dedicated.
Tag: institutional
UK’s FCA Tests Industry Crypto Disclosures in Sandbox Pilot
The post UK’s FCA Tests Industry Crypto Disclosures com. The United Kingdom’s Financial Conduct Authority (FCA) approved regulatory technology (RegTech) company Eunice to run experiments in its sandbox, which offers one of the clearest indications yet of how the country intends to build its forthcoming crypto rulebook. On Wednesday, the FCA announced that Eunice will test a set of standardized crypto disclosure templates with major exchanges, including Coinbase, Crypto. com and Kraken. The company will test whether the templates improve transparency when used in real-world settings. The FCA also highlighted that its regulatory sandbox is still accepting applications from companies looking to test their ideas. “We encourage any firm to apply who are looking to test a similar solution to help inform our regulatory approach to cryptoassets,” said Colin Payne, the head of innovation at the FCA. By testing industry-led tools rather than relying on theoretical policy, the FCA signals that future crypto rules will be shaped through practical trials and real-world feedback. Cointelegraph reached out to Eunice for comments, but had not received a response by publication. UK aims to raise transparency standards in crypto Eunice co-founder and CEO Yi Luo said the sandbox provides a space where regulators and industry members can work together to strengthen the foundations of the UK’s crypto markets. She said the project aims to bring more integrity and transparency to crypto at a time when institutional participation is growing. “Leading the work around disclosures is a great point of pride for Eunice, which was founded to bring integrity and transparency to digital assets at a time when institutions are stepping into the space,” she said. The pilot also ties directly to the FCA’s broader policy agenda. According to the regulator, the disclosure templates were created in response to last year’s Admissions and Disclosures Discussion Paper, which encouraged the industry to contribute technical expertise.
JPMorgan Files to Launch Leveraged Bitcoin Product Tied to BlackRock ETF
JPMorgan has re-entered the Bitcoin investment arena with a leveraged structured note linked to BlackRock’s iShares Bitcoin Trust (IBIT). This development was confirmed in a filing submitted this week to U. S. Visit Website.
Brigham and Women’s nurses oppose move to merge burn units into single systemwide program at MGH
Brigham and Women’s Hospital nurses are speaking out in opposition to plans to merge the hospital’s burn unit with Mass General’s in 2026, which they argue damages generations of institutional knowledge in treating burn patients, the Massachusetts Nurses Association stated Tuesday.
Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC
The post Experts Turn Bullish on Zcash as Reliance Global Dumps BTC, ETH, ADA for ZEC appeared com. Nasdaq-listed Reliance Global Group has converted its entire digital asset portfolio to Zcash. As a result, experts have continued to project bullish runs for the ZEC token as its momentum grows. Reliance Global Dumps Crypto Holdings for Zcash According to a recent press release, Reliance shared that it has completed a full change of its digital asset treasury. The firm confirmed that it has liquidated all previous holdings. This includes Bitcoin, Ethereum, Cardano, and XRP. It then converted the entire portfolio into ZEC. The company said it made the decision after a thorough review was carried out by the firm and Crypto Advisory Board Chairman Blake Janover. They found that the coin offered the best long-term growth for a treasury portfolio. In a statement, Reliance said that the single-asset strategy built around this coin better supports the firm’s long-term goals. As explained by CEO Ezra Beyman, the foundation around the privacy coin made it a more suitable choice. “As we considered the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio,” he said. The asset has rallied over 1, 200% in the last 90 days. This comes even with the declines seen in other major assets. The new move comes barely weeks after the company expanded its treasury to include XRP. Reliance purchased XRP tokens valued at nearly $17 million at the time. Experts Predict Bullish Run for ZEC Price Zcash’s continuous adoption has led to more bullish projections for the token. A crypto expert recently outlined new bullish patterns in a new analysis for the coin. Among these was a “bullish Gartley” structure with targets near $850.” This.
Galaxy Digital Targets $9B Prediction Market With New Partners
The post Galaxy Digital Targets $9B Predicticom. Galaxy Digital begins market-making experiments with Polymarket and Kalshi prediction platforms targeting $9B industry. Firm joins elite group including Susquehanna and Jump Trading, providing institutional liquidity to event markets. Mike Novogratz’s Galaxy Digital is making tactical changes to the fast-growing prediction markets sector to grab a portion of the $9 billion industry opportunity. The firm, which is primarily into crypto investments, is in talks with the top platforms Polymarket and Kalshi for liquidity provision, thus signaling the arrival of a new trend of the Wall Street to event-based trading. Strategic Liquidity Expansion Plans Galaxy Digital started small-scale market-making trials on prediction market platforms and is willing to increase the volume of operations depending on the results of the tests. Continuous bid-ask spreads will be made available by the company, thus improving market depth and trading efficiency for users of both exchanges. Novogratz also acknowledged the firm’s hesitating but daring strategy, expressing that they plan to provide wider liquidity services after the experiments show profitable results. Thus, Galaxy is now one of a few institutional players that are entering the space, along with Susquehanna International Group and Jump Trading. The timing coincides with Galaxy’s May 2024 Nasdaq listing under the ticker GLXY, which is a move that deepens its integration into the conventional U. S. capital markets. By executing this strategic move, the company is effectively combining its expertise in the crypto world with the day-to-day operations of the traditional financial industry, thus paving the way for services like cutting-edge market making. Prediction markets enable their users to trade binary contracts that are dependent on the results of real-world events, thus establishing price discovery mechanisms for virtually any kind of event, be it elections or sports. Polymarket and Kalshi are the two major players in the field with a total lifetime trading.
Monad Mainnet Launches on Uniswap (UNI), Offering High-Speed Transactions
The post Monad Mainnet Launches on Uniswap delivering 10, 000 transactions per second and expanding opportunities for traders and developers across the platform. The Monad Mainnet has officially launched on the Uniswap (UNI) platform, marking a significant milestone in the evolution of blockchain technology. According to Uniswap Labs, this new Layer 1 solution is built for speed, capable of processing 10, 000 transactions per second, with block times of 400ms and achieving finality in 800ms. Integration and Features With the Monad Mainnet now active, users can engage in swaps, provide liquidity, and explore the network directly through Uniswap’s apps. This extension maintains the familiar user experience that Uniswap’s vast user base has come to trust, including those on Ethereum, Base, and Unichain, now extended to Monad. Using Monad on Uniswap To begin swapping on Monad, users are advised to access the Uniswap Wallet or Web App, select Monad from the network dropdown, choose the tokens for exchange, and execute the swap. Similarly, liquidity providers can navigate to the Pools page, select Monad, and provide liquidity for chosen token pairs. Opportunities for Developers The launch also opens new doors for developers and institutional partners. The Uniswap Trading API now supports Monad, facilitating direct access to liquidity on the Monad network. Developers interested in integrating Monad can reach out to Uniswap Labs for further collaboration. Additionally, Uniswap Lab’s 7702 delegation contracts are operational on Monad, enabling seamless transactions. Future Prospects The introduction of Monad on Uniswap is expected to foster significant growth within its ecosystem. By offering a high-speed transaction environment, it is poised to attract more swappers, liquidity providers, and developers. The Monad integration aims to enhance user experiences through the Uniswap Web App and Wallet, while developers.
Bold $49.3M Accumulation Despite $13.9M Loss
The post Bold $49. 3M Accumulation Despite $13. 9M Loss appeared com. In a surprising move that’s captured the crypto world’s attention, Multicoin Capital has made a massive Multicoin Capital AAVE investment worth $49. 3 million. This bold accumulation comes despite the firm currently facing significant unrealized losses. What does this tell us about their confidence in AAVE’s future? Why Is Multicoin Capital Doubling Down on AAVE? Over the past month and a half, Multicoin Capital purchased 278, 000 AAVE tokens through Galaxy Digital at an average price of $228 per token. This substantial Multicoin Capital AAVE investment represents a major vote of confidence in the DeFi protocol. However, the timing raises important questions about their investment strategy. The firm currently faces an unrealized loss of $13. 9 million on this position. This situation demonstrates that even experienced investors can experience short-term setbacks in the volatile cryptocurrency market. What Does This Investment Reveal About AAVE’s Potential? Despite the current paper losses, this massive Multicoin Capital AAVE investment suggests the firm sees long-term value in the protocol. Several factors might explain their confidence: AAVE’s strong position in the DeFi lending space The protocol’s consistent innovation and updates Growing institutional interest in DeFi protocols Potential for recovery in the broader crypto market This strategic move shows that Multicoin Capital is playing the long game rather than focusing on short-term price movements. How Do Professional Investors Approach Crypto Volatility? The current $13. 9 million unrealized loss on this Multicoin Capital AAVE investment highlights several key aspects of professional crypto investing: Professional investors often accumulate positions over time They focus on fundamental value rather than daily price swings Large positions require patience and conviction Dollar-cost averaging helps manage volatility risk This approach differs significantly from retail trading strategies and demonstrates why institutional investors often succeed where others struggle. What Can We Learn From This Investment Strategy? The substantial Multicoin Capital.
Best Crypto to Buy in November 2025: Foxconn’s $3 Billion AI Bet Fuels AI Crypto Rally
The post Best Crypto to Buy in November 2025: Foxconn’s $3 Billicom. Foxconn, the biggest electronics maker and Apple’s main supplier, just made a huge move. They plan to spend $2 to $3 billion every year on building AI technology over the next five years. This kind of momentum often spills over into crypto. That’s why traders are looking at AI-linked tokens as the best crypto to buy right now. Projects like DeepSnitch AI, NEAR Protocol, and Worldcoin are catching interest because they’re tied to the same trend that giants like Foxconn are backing. Foxconn to channel $2B-$3B annually into AI over the next 3 to 5 years Foxconn Chairman Young Liu made it crystal clear during his Tokyo visit. AI will consume more than half of the company’s $5 billion annual capital expenditure for the next three to five years. This is not a pilot program. This is a complete strategic realignment. Their cloud and networking division, which includes AI servers, just pulled in $24. 3 billion in Q2 2025, up 47% from last year. It’s now outpacing their traditional electronics business. As Nvidia, AMD, and other tech giants scramble for AI growth, Foxconn is positioning itself as the hardware engine behind it all. AI at scale needs blockchain for data, identity, and verification. That’s why the best crypto to buy right now includes AI-focused tokens solving real infrastructure needs. 3 Best crypto to buy in November 2025 DeepSnitch AI: Trading intelligence built for this exact moment DeepSnitch AI is an artificial intelligence system purpose-built for crypto trading, and the timing could not be better. With institutional money about to flood into AI infrastructure, retail traders need tools that level the playing field. The platform monitors thousands of data points simultaneously. Whale wallet movements, exchange flows, social sentiment shifts, and on-chain metrics that most traders do not even know exist. It is.
ALGO Price Prediction: $0.30 Target by December 2025 Despite Current Technical Weakness
The post ALGO Price Prediction: $0. 30 Target by December 2025 Despite Current Technical Weakness appeared com. Peter Zhang Nov 21, 2025 17: 01 ALGO price prediction shows bullish potential to $0. 30 by year-end despite trading at $0. 14. Algorand forecast suggests 114% upside if key resistance breaks. Algorand (ALGO) presents a compelling technical setup for significant price appreciation despite current bearish momentum. Trading at $0. 14 with oversold conditions emerging, this ALGO price prediction analyzes multiple scenarios for the coming weeks and months. ALGO Price Prediction Summary • ALGO short-term target (1 week): $0. 16 (+14. 3%) testing EMA 12 resistance • Algorand medium-term forecast (1 month): $0. 17-$0. 22 range challenging moving average cluster • Key level to break for bullish continuation: $0. 19 (Upper Bollinger Band and immediate resistance) • Critical support if bearish: $0. 13 (immediate support) and $0. 10 (strong support floor) Recent Algorand Price Predictions from Analysts Multiple forecasting platforms have converged on bullish Algorand forecast scenarios for the remainder of 2025. DigitalCoinPrice’s ALGO price prediction targets $0. 30 by year-end, representing a 116. 47% increase from current levels. This aligns closely with Cryptopolitan’s $0. 3313 projection, suggesting strong consensus among technical analysts. More conservative short-term projections from CoinCodex forecast ALGO reaching $0. 1738 by December 21st, indicating a modest 22. 05% gain over the next month. However, PricePredictions. com presents the most aggressive ALGO price target of $0. 521888 for November 2025, though this appears optimistic given current technical conditions. The analyst consensus reveals a bullish bias across timeframes, with predictions ranging from 22% to over 270% upside potential, creating multiple ALGO price target scenarios for different risk appetites. ALGO Technical Analysis: Setting Up for Recovery Current Algorand technical analysis reveals oversold conditions that typically precede significant rebounds. The RSI reading of 32. 21 sits in neutral territory but approaching oversold levels, while ALGO trades near the lower Bollinger Band at $0. 14, indicating potential support. The MACD histogram.