Bitwise files for stablecoin and tokenization ETF targeting Thanksgiving launch

Bitwise is making significant strides in the world of cryptocurrency by launching a new stablecoin and a tokenization ETF. This move is important as it reflects the growing acceptance and integration of digital assets into mainstream finance, providing investors with more options and potentially stabilizing the market. As the landscape of finance evolves, Bitwise's initiatives could pave the way for broader adoption of cryptocurrencies and innovative investment strategies.

XRP's price is currently at $3, down 17% from its peak this year. However, futures market data suggests a potential rebound to $5.

Editor’s Note: This matters because a rebound in XRP's price could indicate increased investor confidence and market activity, especially with the growing interest in ETFs and derivatives.

XRP remains steady at $3 as excitement builds around potential ETF approvals, raising speculation about reaching $4 soon.

Editor’s Note: The stability of XRP at $3 amidst ETF hype is significant for investors and the cryptocurrency market, indicating potential growth and increased interest in digital assets.

Google is collaborating with Coinbase, the Ethereum Foundation, and MetaMask to enhance its new payment protocol for crypto and stablecoin transactions. This initiative aims to streamline and standardize agent-based payments.

Editor’s Note: This partnership is significant as it highlights Google's commitment to integrating cryptocurrency into mainstream payment systems, potentially transforming how digital transactions are conducted and paving the way for broader adoption of crypto technologies.

Bitwise has filed for a Stablecoin and Tokenization ETF, aiming to invest in both stocks and crypto assets. This move could enhance the mainstream acceptance of digital assets.

Editor’s Note: This filing is significant as it represents a step towards integrating traditional finance with the growing world of cryptocurrencies, potentially attracting more investors to digital assets.

The HYPE token has seen a recent price drop of nearly 7%, currently trading at $53.77 with a market cap of around $18 billion. This comes ahead of the anticipated launch of the USDH stablecoin.

Editor’s Note: Understanding the fluctuations in the HYPE token's price is crucial for investors, especially with the upcoming USDH stablecoin launch. This event could influence market dynamics and investor sentiment.

Google has launched an open-source protocol for AI payments that includes support for stablecoins, developed in partnership with Coinbase. This initiative highlights the increasing integration of cryptocurrency in the digital economy driven by AI.

Editor’s Note: This development is significant as it showcases how major tech companies like Google are embracing cryptocurrency, which could lead to broader acceptance and innovation in financial transactions. It also reflects the growing intersection of AI and blockchain technology.

Google has partnered with Coinbase to enable stablecoin payments for AI applications. This collaboration aims to enhance the integration of cryptocurrency in digital services.

Editor’s Note: This partnership is significant as it highlights the growing acceptance of cryptocurrency in mainstream technology. By facilitating stablecoin payments, Google and Coinbase are paving the way for more innovative financial solutions in AI applications.

Google has launched an AI payments protocol that supports stablecoins, aiming to enhance the use of digital assets in everyday transactions. This initiative could significantly boost mainstream cryptocurrency adoption.

Editor’s Note: This development is important as it represents a major tech company's commitment to integrating cryptocurrency into daily financial activities, potentially making digital currencies more accessible and widely accepted.

Gemini highlights four promising altcoins for Q4 2025, coinciding with a crucial FOMC meeting that may lead to significant interest rate cuts. This could positively impact the crypto market and housing sector.

Editor’s Note: This week is pivotal for the crypto industry as it aligns with the FOMC meeting, where potential interest rate cuts could stimulate market growth. Insights from influential figures like Donald Trump add to the urgency, making it essential for investors to stay informed.

REX Shares is set to launch the first US exchange-traded fund (ETF) providing spot exposure to XRP this week, under the ticker XRPR. This marks a significant milestone in the cryptocurrency market.

Editor’s Note: The debut of the first US spot XRP ETF is a major development for investors and the crypto industry, as it offers a new way to gain exposure to XRP, which is currently the third-largest cryptocurrency. This could attract more institutional investment and increase market participation.

BofA's CFO highlights that clear regulations can boost stablecoin development, improving financial services and encouraging collaboration in the industry.

Editor’s Note: This is significant as it suggests that clearer legislative frameworks could lead to more innovation in the financial sector, particularly in the realm of digital currencies, which could benefit clients and the broader economy.

Shiba Inu's Shibarium network has encountered a significant issue due to a bridge exploit that allowed an attacker to siphon off funds. In an effort to recover the stolen assets, the Shiba Inu DeFi team has publicly offered a bounty. This incident is crucial as it not only impacts the trust in the Shibarium platform but also affects the token prices associated with Shiba Inu, highlighting the vulnerabilities in decentralized finance.

SharpLink Gaming's stock has taken a slight hit, dropping 2.8% to $16.32, despite the company continuing its stock buyback program with the purchase of another 1 million shares at an average price of $16.67. This dip raises concerns among investors about the effectiveness of buyback strategies in boosting stock prices, especially in a volatile market. The company's Ethereum treasury, now valued at $3.8 billion, adds an interesting layer to its financial strategy, but the immediate market reaction suggests that investors are cautious.

Binance is reportedly in discussions with the Department of Justice (DOJ) to potentially lift a three-year compliance monitor that was part of its $4.3 billion settlement. This development is significant as it could signal a positive shift in Binance's regulatory standing and operational flexibility, allowing the company to focus more on growth and innovation in the cryptocurrency space.

Bitwise is making significant strides in the world of cryptocurrency by launching a new stablecoin and a tokenization ETF. This move is important as it reflects the growing acceptance and integration of digital assets into mainstream finance, providing investors with more options and potentially stabilizing the market. As the landscape of finance evolves, Bitwise's initiatives could pave the way for broader adoption of cryptocurrencies and innovative investment strategies.

Binance is in talks to end its court-appointed compliance monitor early, which could signal a positive shift in its relationship with regulators. This move may lift a significant condition from its $4.3 billion settlement, indicating that the exchange is making strides towards compliance and stability. Such developments are crucial for Binance as they could enhance investor confidence and pave the way for smoother operations in the future.

A new coalition called the Treasury Council has been formed by corporate Bitcoin holders to advocate for federal adoption of Bitcoin. Announced on September 16, this group includes nine CEOs from companies that have integrated Bitcoin into their corporate treasuries, with Phong Le from Strategy leading the charge. This initiative is significant as it aims to influence Congress and promote wider acceptance of Bitcoin in the corporate world, potentially paving the way for more businesses to adopt cryptocurrency.