Crypto, Forex & Blockchain News

Ripple collaborates with Securitize to widen the adoption of Ripple USD stablecoin and allows holders of BlackRock and VanEck tokenized funds to exchange asset shares for RLUSD. With the integration of XRP Ledger, the partnership aims to boost real-world assets on blockchain while unlocking new liquidity and enterprise-grade use cases. Additionally, integration supports on-chain transfers, yield, and other decentralized finance strategies.

YZi Labs, previously known as Binance Labs, is examining the possibility of opening its $10 billion portfolio to outside investors and transforming into an investment fund. The venture capital company, one of the world’s largest crypto investors, manages the wealth of Binance co-founder Changpeng ‘CZ’ Zhao and several early executives. Aiming to eventually allow external investors, the firm also invests in biotech and AI.

Changpeng CZ Zhao’s investment firm, YZi Labs, managing Zhao’s personal wealth and funds from Binance insiders, might consider opening itself to external investors. YZi Labs has a portfolio of over 230 companies including notable crypto and Web3 projects. The move comes as demand for crypto-native investment funds rises, with Zhao himself being the largest shareholder at Binance. Despite setbacks, the firm signals a promising crypto-friendly climate under the Trump administration.

Strive merges with Semler Scientific, forming a combined entity holding a $1.2 billion Bitcoin treasury with 10,900 BTC. This places them among the top Bitcoin corporate holders. The all-stock deal was made at a 210% premium, and Strive also bought 5,816 BTC for $675 million prior to the merger. The merger’s aim is to manage Bitcoin accumulation and decide the future of Semler’s profitable healthcare diagnostics business.

Crypto traders faced over $1.5 billion in liquidations, causing a significant sell-off that affected smaller tokens the most. Major cryptocurrencies like Ether, Bitcoin, and Dogecoin experienced significant drops. The massive liquidations, which are the highest in recent months, come amidst a backdrop of macroeconomic uncertainty. The future market trajectory depends heavily on upcoming economic data and signals from the Federal Reserve.

Real-world assets project Midas and Interop Labs launch mXRP, the first liquid-staking product for the XRP ecosystem, with potential returns up to 8%. This innovative solution channels dormant XRP supply into profitable structures, allowing users to leverage DeFi strategies. This strategic move can unlock new use cases for XRP while integrating fully within the XRPL EVM ecosystem.

Crypto experts speculate a possible cryptocurrency rally in October, historically a strong month for Bitcoin. Factors such as Federal Reserve rate cuts may fuel this rally. However, others caution against the optimism due to low implied volatility and macro uncertainty. The receding crypto market and dropping value of Bitcoin and Ether could also impact the expected October rally.

OKX, a leading crypto exchange, developed a decentralized perpetuals trading platform similar to Hyperliquid and Aster. However, the platform’s launch has been delayed due to regulatory concerns. The article discusses the potential of onchain perps, citing Hyperliquid’s success and introducing new competitors like Aster, while underlining the ongoing regulatory challenges. It gives an overview of the space’s growth, key regulatory events, and recent shifts in US cryptocurrency policies.

Dogecoin experienced a significant selloff, dropping from $0.27 to $0.25 during the September 21-22 session due to institutional traders offloading positions. The event marked a new resistance zone and left DOGE consolidating around $0.25. This article further discusses the trading patterns, potential recovery, resistance test at $0.27-$0.30, and the impact of ETF delays and regulatory uncertainty on the cryptocurrency market.