Standard Chartered’s SC Ventures to launch $250M digital assets fund

Deutsche Börse’s Crypto Finance has launched a new Connected Custody Settlement service for digital assets, enhancing security and efficiency in the crypto market.

Editor’s Note: This development is significant as it addresses the growing need for secure and efficient management of digital assets, potentially attracting more institutional investors to the crypto space.

Invro Mining is gaining popularity for its daily cloud mining payouts and flexible contract options that promote long-term stability.

Editor’s Note: This matters because it highlights a growing trend in the cryptocurrency space where companies are offering reliable returns, making digital asset investments more appealing to a broader audience.

A new pro-crypto political action committee, the Fellowship PAC, has been launched in the US with a $100 million fund to support candidates favoring digital assets. This initiative comes as legislation around cryptocurrencies becomes more favorable under President Trump's administration.

Editor’s Note: The establishment of the Fellowship PAC is significant as it reflects the growing political support for cryptocurrencies in the US. With a substantial fund, it aims to influence elections and promote pro-crypto policies, which could shape the future of digital assets in the country.

Robinhood Ventures Fund aims to revolutionize the $10 trillion private market for retail investors, making it more accessible and beneficial for everyday people.

Editor’s Note: This development is significant as it could democratize investment opportunities, allowing more individuals to participate in the private market, which has traditionally been reserved for wealthy investors.

NAKA shares dropped 54% in one day, closing at $1.28, reflecting significant investor fatigue towards Bitcoin treasury companies. This decline follows a trend of over 90% loss in the past month, driven by concerns over equity dilution and market sentiment.

Editor’s Note: This sharp decline in NAKA's stock highlights the growing skepticism among investors regarding companies that pivot to Bitcoin treasury strategies. As digital assets face increased scrutiny, the performance of such firms could impact broader market trends and investor confidence.

Standard Chartered warns that companies holding Bitcoin, Ethereum, and Solana are facing significant valuation challenges as digital asset treasury mNAVs collapse.

Editor’s Note: This situation is critical as it highlights the volatility and risks associated with digital assets. Investors and companies need to be aware of these challenges to navigate the market effectively.

Robinhood is launching a new venture capital fund aimed at investing in a variety of private companies. This initiative will support these companies through their IPOs and beyond.

Editor’s Note: This expansion into private equity signifies Robinhood's commitment to diversifying investment opportunities for its users. By investing in private companies, they are opening doors for potential growth and returns, which could benefit both the platform and its investors.

Pakistan is set to license and regulate global cryptocurrency exchanges, aiming to formalize its growing digital asset market.

Editor’s Note: This move is significant as it shows Pakistan's commitment to embracing the digital economy and providing a structured environment for cryptocurrency operations, which could attract international investments and enhance financial innovation.

November promises to be a booming month for cryptocurrency enthusiasts, with many digital assets showing potential for explosive growth. Investors are focusing on tokens that could see significant increases.

Editor’s Note: This matters because the cryptocurrency market is gaining traction, and identifying promising tokens can lead to substantial financial opportunities for investors. As interest grows, it could also influence market trends and investment strategies.

Wisdomtree has launched a tokenized private credit fund on the Ethereum and Stellar blockchains, marking a significant step in the integration of traditional finance with digital assets.

Editor’s Note: This launch is important as it showcases the growing trend of tokenization in finance, allowing for greater accessibility and efficiency in investment opportunities. It highlights how blockchain technology is being utilized to innovate traditional financial products.

British trade groups are advocating for the inclusion of blockchain and digital assets in the upcoming UK-US Tech Bridge deal. This initiative aims to enhance collaboration in technology and innovation between the two nations.

Editor’s Note: This matters because integrating blockchain and digital assets into the UK-US Tech Bridge could foster economic growth and technological advancement, positioning both countries as leaders in the digital economy.

The CFTC has reaffirmed its commitment to existing regulatory frameworks for cryptocurrency, highlighting the importance of clear guidelines in the evolving digital asset landscape.

Editor’s Note: This is significant as it shows regulatory bodies are adapting to the growing crypto market, which can foster innovation while ensuring consumer protection and market integrity.

PayPal has launched PayPal Links, enabling users to send cryptocurrencies to friends and family. This initiative is expected to enhance crypto adoption among everyday consumers and increase the utility of Best Wallet Token ($BEST).

Editor’s Note: This development is significant as it marks a major step towards mainstream cryptocurrency usage. By facilitating peer-to-peer crypto transactions, PayPal is likely to attract more users to the crypto space, benefiting both consumers and the Best Wallet Token ecosystem.

Pump.fun has seen a remarkable increase in trading volume, surpassing $1 billion as memecoins gain popularity in September.

Editor’s Note: This surge in trading volume highlights the growing interest in memecoins, which could indicate a shift in market dynamics and investor sentiment towards cryptocurrencies.

Michael Saylor has purchased 525 more Bitcoins, bringing Strategy's total holdings to 638,985, valued at around $73B. This move reinforces Saylor's belief in Bitcoin's superiority over gold and positions Strategy as the largest corporate holder of Bitcoin globally.

Editor’s Note: This investment is significant as it highlights a growing trend among corporations to adopt Bitcoin as a hedge against inflation and currency fluctuations. Saylor's strategy could influence other companies to follow suit, potentially reshaping the corporate landscape in the crypto space.

Bitcoin is currently trading just above $115,000, showing signs of a potential breakout as sell pressure decreases. This could indicate a favorable accumulation phase for investors.

Editor’s Note: The recent drop in sell pressure suggests that Bitcoin may be entering a more stable phase, which is crucial for investors looking for opportunities. A breakout above $117,000 could signal a strong upward trend.

The PUMP token has surged by over 144% in the past month, marking a significant recovery in the cryptocurrency market. Despite a recent slowdown, it has outperformed Hyperliquid in daily revenue, indicating strong momentum.

Editor’s Note: This surge is important as it highlights the potential for recovery in the cryptocurrency market after a challenging start. The performance of PUMP could influence investor confidence and market trends moving forward.

Russia is reviving barter trade as a response to crippling sanctions, exchanging wheat for cars and seeds for materials. This shift highlights the country's adaptation to economic pressures.

Editor’s Note: This matters because it shows how countries can innovate in trade practices when faced with sanctions. Barter systems may help Russia maintain its economy and trade relationships despite international restrictions.