[ETFs and Financial Companies Hold Over $200 Billion in Bitcoin] ETFs and financial companies collectively hold over $200 billion in Bitcoin, demonstrating institutional investors' continued interest in cryptocurrencies. (Cointelegraph)
OKX has announced the addition of Aster (ASTER) to multiple services, including spot trading, officially launching on 2025-10-17 at 14:00 (UTC+8). Notes: - During the first 5 minutes after trading begins, the maximum amount per limit order will be $10,000. This restriction will be lifted 5 minutes after trading starts. - The platform may adjust limit order rule parameters J, X, Y, Z or switch limit order calculation rules based on market conditions without prior notice. - At the end of the pre-order period, the system will cancel buy orders below or equal to the index price and sell orders above or equal to the index price.
[Ripple: Plans to raise $1 billion through SPAC to establish a digital asset fund] Ripple plans to raise $1 billion through a Special Purpose Acquisition Company (SPAC) to establish a new digital asset fund and promote XRP accumulation. This move aims to accelerate stablecoin transactions and institutional application expansion on its blockchain platform XRPL. (Cointelegraph)
[Ripple Plans to Raise $1 Billion to Accumulate XRP] According to Bloomberg, Ripple Labs is leading a $1 billion fundraising effort aimed at accumulating XRP.
[Whale Addresses Transfer Nearly 100 Million ASTER, Liquidation Imminent] Monitoring shows that two whale addresses transferred 17.857 million ASTER ($22.88 million) to exchanges today. One of the addresses had accumulated 64.535 million ASTER through Gate and has been continuously transferring to Binance recently. Today, it transferred another 9.575 million ASTER ($12.53 million), bringing the total transferred to Binance over the past week to 58.608 million ASTER ($92.25 million). The address now holds only 5.926 million ASTER ($7.42 million) and is expected to be emptied by tomorrow. The other address previously withdrew 8.282 million ASTER ($16.86 million) from Bybit at a unit price of $2.03 per ASTER. Eight hours ago, it transferred the tokens back to Bybit. Currently, the price of ASTER has dropped to $1.25, resulting in an unrealized loss of $6.52 million. (Ember)
[BNY Mellon Accelerates Blockchain Investments, Focuses on Stablecoin Infrastructure Development] BNY Mellon stated during its latest earnings call that it has advanced several blockchain-related investments to 2025, with a focus on building tokenized settlement and payment systems. The bank attributed this strategic adjustment to improvements in the regulatory environment and better market conditions. CEO Robin Vince emphasized that BNY Mellon's core strategy is to provide infrastructure services such as custody, settlement, and collateral management for stablecoins, rather than issuing its own stablecoin. Although some believe a branded stablecoin from the bank could serve institutional use cases, Vince clarified that the current focus is on supporting the broader ecosystem. This year, the bank has also reallocated approximately $500 million in cost savings to growth initiatives in the digital assets and artificial intelligence sectors to optimize internal processes and enhance efficiency.