DigitalAssets
Trump Media & Technology Group reported a $54.8 million quarterly net loss largely tied to write-downs on its bitcoin holdings. While the company disclosed a sizable BTC position that swung in value and produced headline losses, recent price strength could alter the calculus going forward. Here’s what investors should know and how exposure to volatile crypto assets matters for legacy and new-age media firms.
On July 22, 2025, the Senate Banking Committee released a Crypto Market Structure Discussion Draft aimed at integrating digital assets into the US financial system. Key measures include defining ancillary assets as non-securities, enabling self-certification by issuers, and allowing bank holding companies to engage in crypto activities. Public feedback is requested by August 5, 2025, with legislation expected by September's end. Platforms like Bitlet.app, offering innovative services such as Crypto Installment plans, stand to benefit from this regulatory clarity.
At Hong Kong FinTech Week 2025, Standard Chartered's CEO Bill Winters predicted that nearly all global transactions will soon settle on blockchain ledgers. The bank is leading this shift by launching a Hong Kong dollar stablecoin and expanding digital asset services, benefiting from Hong Kong's supportive crypto regulatory framework. This move, echoed by other industry leaders, could transform cross-border transactions through near-instantaneous settlements.
Bill Winters, CEO of Standard Chartered, anticipates a future where nearly all transactions occur on blockchain, making all money digital. This was highlighted during a panel at Hong Kong FinTech Week, reflecting Hong Kong's pioneering role in digital asset regulation and innovation. Standard Chartered plans to deepen its digital asset services and launch a Hong Kong dollar-backed stablecoin soon.
In October 2025, Ether (ETH) witnessed remarkable growth in trading volumes and open interest, while Bitcoin (BTC) experienced a decrease in average daily volume. Institutional demand surged with record combined futures and options volume surpassing $900B in Q3. Emerging products like spot-quoted Bitcoin and Ether futures gained traction, reflecting a diversifying crypto market.
US Congress is actively shaping a positive regulatory landscape for digital assets, with significant legislation like the GENIUS and CLARITY Acts moving forward. Chairman French Hill highlights the importance of American leadership in crypto innovation, and Congress is making digital asset regulation a national priority.
On July 9, 2025, Senator Elizabeth Warren outlined key priorities for crypto market legislation focused on investor protection, financial stability, and anti-fraud measures amid the crypto market's rapid growth and rising fraud cases.
Ripple Labs is spearheading a $1 billion fundraising initiative to acquire more XRP through innovative financial structures amidst market volatility. The move includes the acquisition of GTreasury to enhance corporate treasury management.
On October 10, 2025, gold surged past $4,000 and Bitcoin broke $126,000, as investors flock to hard assets amidst rising inflation and a weakening U.S. dollar. Experts highlight growing interest in a mix of gold, cryptocurrencies, and tech stocks, with ETFs gaining momentum during this volatile period.
Citi Ventures has invested in BVNK, a stablecoin infrastructure firm valued over $750 million. This move reflects increasing US bank involvement in crypto, supported by favorable regulations like the GENIUS Act. BVNK aims to expand its stablecoin transaction technology, targeting digital banks and leveraging backing from Coinbase and Tiger Global.