S&P Expands Into Crypto With New Multi-Asset Crypto Index

S&P Global has entered the crypto arena with the launch of the S&P Digital Markets 50 Index, a first-of-its-kind benchmark tracking both digital assets and publicly traded crypto-related companies.

Developed with Dinari, a U.S. platform specializing in tokenized public securities, the index includes 35 equities and 15 cryptocurrencies drawn from S&P’s digital asset suite.

In other words, the index will combine 15 major cryptocurrencies with 35 crypto-related stocks. Eligible companies include those involved in crypto operations, blockchain technology, and other related sectors, according to S&P.

Dinari will issue a tokenized version through its dShares platform by year’s…

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Bitcoin Life Insurer Meanwhile Raises $82 Million

Meanwhile, the world’s first regulated Bitcoin life insurance company has secured $82 million in funding to expand its offering of Bitcoin-denominated insurance and retirement products. The funding round, co-led by Bain Capital Crypto and Haun Ventures, with participation from Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Stillmark, brings the company’s total 2025 funding to $122 million.

The Bermuda-based company, regulated by the Bermuda Monetary Authority, has pioneered several innovations in the Bitcoin financial sector, including becoming the first Bitcoin-denominated life insurer globally and securing Bermuda’s first long-term insurance license….

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LATEST: Vaneck’s Matthew Sigel Expects Bitcoin To Gain Half Of Gold’s Market Value Soon

Bitcoin’s value could soar to nearly $644,000 by its next halving in 2028, as rising gold prices push its “equivalent value” higher, according to VanEck’s head of digital asset research, Matthew Sigel. He said Bitcoin could reach half of gold’s market capitalization after the next halving, aligning the cryptocurrency more closely with the world’s oldest store of value.

Gold prices recently hit a record $4,000 per ounce, driven by global economic uncertainty and a weakening U.S. dollar. While gold remains a traditional safe haven, analysts note that younger investors increasingly prefer Bitcoin for long-term wealth preservation. Surveys show many view it as digital gold, offering more accessibility and transparency.

Veteran trader Peter Brandt believes gold could still climb higher, but others see Bitcoin’s fundamentals strengthening. Despite skepticism from gold advocates like Peter Schiff, crypto experts say Bitcoin’s “fair value floor” may now exceed $1.3 million, signaling growing confidence in the digital asset’s future.

LATEST: US Senator Lummis Says America Could Begin Building A Strategic Bitcoin Reserve Soon

Crypto-friendly Senator Cynthia Lummis has announced that the U.S. Strategic Bitcoin Reserve (SBR) could start acquiring funds “anytime,” though legislative hurdles are slowing the process. Lummis credited President Trump’s administration for enabling the SBR initiative, calling it a vital step toward integrating Bitcoin into national strategy.

Her statement came in response to ProCap BTC CIO Jeff Park, who proposed leveraging the government’s $1 trillion in gold paper gains to invest in Bitcoin — a move he said could help offset America’s $37.88 trillion fiscal debt. Lummis praised the idea, calling it a strong case for advancing the BITCOIN Act and officially launching the SBR.

Although the government has not confirmed when BTC purchases will begin, early plans suggest the reserve will start with Treasury-owned Bitcoin seized in legal cases and may later expand through tax-neutral acquisitions. Market watchers believe a U.S. Bitcoin-buying announcement could come soon.

PEPE Outpaces Bitcoin, XRP After 3% Spike, Analyst Draws Parallels With Earlier 1000% Rally, Calls Price Action ‘Insane’

Frog-themed memecoin Pepe (CRYPTO: PEPE) extended its rally Monday as Bitcoin’s (CRYPTO: BTC) record-breaking run kept risk-on sentiment high.

PEPE Builds Momentum

The third-largest meme cryptocurrency by market capitalization spiked over 3% in the last 24 hours, with trading volume jumping 10% to $664 million. 

In doing so, PEPE outperformed the more popular coins such as Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) in the 24-hour period.

With the latest spike, the Ethereum (CRYPTO: ETH)-based coin pushed its weekly returns to more than 9%.

PEPE’s speculative market energized, with open interest surging 7.50% over the last 24 hours, according to Coinglass.

See Also: Pepe…

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Morgan Stanley Advises Up To 4% Portfolio Bitcoin Allocation

Morgan Stanley’s Global Investment Committee has formally recommended that clients allocate between 2% and 4% of their portfolios to bitcoin and crypto.

The new report, issued on October 1, outlines crypto (primarily bitcoin) allocations based on investor risk profiles. Opportunistic growth portfolios, which target higher-risk and higher-return strategies, should include up to 4% in crypto, while balanced growth portfolios are capped at 2%, the report read.

The committee who wrote the report characterized bitcoin as a scarce asset comparable to digital gold, suggesting that it now occupies a legitimate role within diversified investment strategies. 

“We place the…

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Ethereum, BitMine Just Broke Out — And $5,000 ETH, $130 BMNR Could Be Next

Ethereum (CRYPTO: ETH) and BitMine Immersion Technologies Inc. (NYSE:BMNR) are moving in lockstep, with ETH reclaiming $4,700 and BitMine stock rising more than 9% on the back of its massive $13.4 billion crypto treasury.

Ethereum Price Breakout Clears $4,600 With $5,000 Now In Sight

ETH Key Technical Levels (Source: TradingView)

Ethereum has broken above the triangle structure that capped price since August, with buyers lifting the token through $4,600 resistance. 

Trading volume and on-balance flows confirm renewed inflows, while moving averages stacked above $4,300 provide a strong base.

The breakout puts $5,000 back in focus, with potential extension toward $5,200 if momentum…

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Strategy Made $3.9 Billion In Bitcoin Gains Last Quarter

Strategy, the world’s largest corporate holder of Bitcoin, reported $3.9 billion in fair value gains for the third quarter, according to a company press release. 

Strategy holds roughly 640,000 Bitcoin, with an average purchase price of $73,983 per coin. At current prices near $124,500, its holdings are valued at approximately $78.7 billion, representing unrealized gains of about $31.4 billion.

“For every $10,000 change in BTC price, we generate $6 billion in unrealized gains on our BTC holdings,” noted Chaitanya Jain, a Bitcoin Strategist at Strategy. 

The company has also issued several types of preferred shares this year to access additional funding beyond…

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This Billionaire Thinks Bitcoin Is ‘Very Appealing’

Billionaire investor Paul Tudor Jones said Bitcoin is among the top beneficiaries of the current market environment, calling it “very, very appealing” during an interview on CNBC.

Jones, known for his endorsements of Bitcoin as a hedge against inflation, said the current market setup resembles the 1999 tech bubble, though with key differences that could make the upside even more dramatic. 

Bitcoin is currently pricing at all-time highs. It surpassed its previous record of $124,466 over the weekend. Over the past week, it climbed more than 13%, rebounding from $109,000 at the end of September to $125,900 today.

Bitcoin last approached these levels in August.

Fiscal… Read more on BitcoinMagazine

Deloitte Survey: Tokenization Transforms Traditional Finance

Bitcoin Magazine

Deloitte Survey: Tokenization Transforms Traditional Finance

The tokenization of traditional finance is back in the news, as suits in boardrooms across the United States are discussing the benefits and risks of integrating cryptocurrency into their business. The term “tokenization” refers to deploying traditional financial assets on cryptocurrency rails, digitizing analog financial assets (including currency), and thus enable the financial industry to benefit from the speed and transparency that blockchains provide. But is this another crypto fad, or is there a fundamental problem that the young industry is addressing for the legacy financial world?

A Deloitte…

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