Coinbase Rolls out DEX Trading for Millions of Assets With Built-in Self-Custody

Bitcoin has rebounded to around $115,000, with bullish momentum holding strong despite lingering below the $120,000 mark. Meanwhile, its correlation with the S&P 500 has spiked to 80%, meaning the crypto is moving more in sync with traditional stocks than ever before.

Editor’s Note: This story matters because Bitcoin’s tight link to the S&P 500 suggests crypto is becoming less of an isolated asset and more tied to broader market trends. For investors, this could mean less diversification benefits from holding Bitcoin—if stocks dip, crypto might follow, and vice versa. It’s a sign of how mainstream Bitcoin is becoming, for better or worse.

Acacia Research is teaming up with partners to create a new strategy for offering commercial loans backed by Bitcoin. This means businesses could potentially borrow money using their Bitcoin holdings as collateral, similar to how traditional loans use assets like real estate.

Editor’s Note: This move signals growing institutional interest in Bitcoin as a legitimate financial asset. If successful, it could give businesses more flexibility in accessing capital while holding onto their crypto investments—potentially bridging the gap between traditional finance and the crypto world. It’s another step toward mainstream adoption of Bitcoin beyond just trading or speculation.

World Liberty Financial, a company linked to former President Donald Trump, is considering creating a $1.5 billion publicly traded company on Nasdaq to manage its WLFI tokens. This move could signal a major step in bridging traditional finance with cryptocurrency.

Editor’s Note: If this happens, it could be a big deal for both the crypto and traditional finance worlds. A Nasdaq-listed company holding crypto tokens would add legitimacy to digital assets and might attract more institutional investors. However, the Trump connection adds a political angle that could stir debate. Keep an eye on this—it could shape how crypto integrates with Wall Street.

XRP's price has been on a rollercoaster lately, swinging between ups and downs after a week of mostly falling. Analysts are worried because it’s hovering near a key technical level (Fibonacci) that could trigger even more losses. For any hope of a rebound, XRP needs to stabilize and hold above $3. Crypto expert CasiTrades breaks down the hurdles XRP is facing and what it needs to turn things around.

Editor’s Note: If you're invested in XRP or watching the crypto market, this is a heads-up. The coin’s recent slump isn’t just a blip—it’s flirting with a danger zone that could mean more trouble ahead. Whether it bounces back or keeps dropping could hinge on hitting that $3 mark, so traders are keeping a close eye. For crypto enthusiasts, it’s another reminder of how volatile these assets can be.

Brazil's central bank digital currency (CBDC), Drex, is set to launch next year—but with a surprising twist: it’s dropping blockchain technology. Instead, the digital real will rely on a more traditional centralized system, marking a shift from earlier plans. The move aims to streamline implementation but has raised eyebrows among blockchain advocates.

Editor’s Note: This story matters because it shows how governments are grappling with the balance between innovation and control when rolling out digital currencies. Brazil’s pivot away from blockchain suggests a preference for stability and oversight, but it also highlights the ongoing debate over decentralization in finance. For everyday Brazilians, Drex could mean faster, cheaper transactions—but without the transparency blockchain promises.