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blockonomi.com SpaceX Shifts $134 Million Bitcoin to New Wallets Amid Strategy Shift

TLDR SpaceX transferred $134 million worth of Bitcoin to new wallets on October 24, according to Arkham data. The transaction included 300 BTC valued at $33 million and 915 BTC worth $100.7 million. This move marks the second Bitcoin transfer by SpaceX in one week, following a previous transfer of 2,395 BTC. Analysts speculate that [...] The post SpaceX Shifts $134 Million Bitcoin to New Wallets Amid Strategy Shift appeared first on Blockonomi.

blockonomi.com $44B Stablecoin Power: Binance Rebuilds Strength Through Asian Expansion

TLDR: Binance held $44.2B in ERC20 stablecoins by October 2025, covering 67% of all exchange reserves. PayPay acquired a 40% stake in Binance Japan, integrating digital assets into its mobile payment system. Gulf Binance gained full licensing in Thailand, expanding its regulated crypto services in Southeast Asia. Binance’s acquisition of GOPAX marks its official return [...] The post $44B Stablecoin Power: Binance Rebuilds Strength Through Asian Expansion appeared first on Blockonomi.

blockonomi.com CFTC Gets New Leadership with Michael Selig, After Quintenz Fallout

TLDR President Donald Trump has nominated Michael Selig to lead the CFTC. Selig replaces Brian Quintenz, whose confirmation was derailed by pressure from the Winklevoss twins. Selig currently serves as the chief counsel for the SEC’s crypto task force. He previously worked at Willkie Farr & Gallagher in their asset management practice. The Senate must [...] The post CFTC Gets New Leadership with Michael Selig, After Quintenz Fallout appeared first on Blockonomi.

blockonomi.com Ripple Becomes First Crypto Firm to Operate a Global Prime Broker

TLDR: Ripple finalized its acquisition of Hidden Road, launching Ripple Prime as a global multi-asset prime brokerage. Ripple Prime’s business has grown threefold since the initial announcement earlier this year, signaling fast adoption. RLUSD is now used as collateral for brokerage services, supported by BNY Mellon as its primary custodian. Ripple has completed five acquisitions [...] The post Ripple Becomes First Crypto Firm to Operate a Global Prime Broker appeared first on Blockonomi.