Morgan Stanley Recommends a 4% ‘Opportunistic’ Crypto Portfolio Allocation

U.S. banking titan Morgan Stanley’s Global Investment Committee (GIC) recommends an allocation of up to 4% of portfolios to cryptocurrency, according to an Oct. 1 note. The 4% allocation is at the top end of GIC’s recommendations, pertaining to investors seeking “opportunistic growth,” according to the note, shared on X by Bitwise CEO Hunter Horsley … Read more

U.S. Bitcoin ETFs Log $1B Inflows Again, a Level That’s Marked Local Tops Six Times Before

The U.S. bitcoin exchange-traded funds (ETFs) recorded a $1.2 billion net inflow on Monday, marking the seventh occasion that inflows have exceeded $1 billion, according to Farside data. The majority of these inflows came from BlackRock’s iShares Bitcoin Trust (IBIT), which attracted $970 million. Historically, when inflows reach around $1 billion, it has often coincided … Read more

Uniswap, Aave Lead DeFi’s Fee Rebound to $600M as Buybacks Take Center Stage

A bump in fees on some of DeFi’s most-used applications is a sign of traders rotating back to fundamentally strong projects. September revenues climbed to about $600 million, nearly double the $340 million low in March. Uniswap, the decentralized exchange that remains crypto’s largest trading venue, and Aave, the lending-and-borrowing protocol, drove much of that … Read more

Bitcoin Breaks $126K, What For XRP, ETH, ADA as Shutdown Fears Keep Bulls in Control

Bitcoin (BTC) rose to $126,223 on Monday, marking another record as the U.S. shutdown, softer dollar, and surging ETF inflows converged to tighten supply and extend the rally. As of writing, the cryptocurrency traded near $124,000, building on a 15% weekly gain that has pulled majors higher across the board. Elsewhere, bitcoin has broken records … Read more

Fasset Wins Malaysia License to Launch First Stablecoin-Based Islamic Digital Bank

Fasset, a digital asset investment platform, has been given a provisional banking license in Malaysia, clearing the way for what it calls the world’s first stablecoin-powered Islamic digital bank. The move places Fasset within a regulated sandbox for Islamic fintech, enabling the company to expand its existing digital asset platform into full-service banking, the company … Read more

DOGE Surges 6% as Traders Eye Breakout to 35-Cents

Dogecoin surged to $0.27 on more than 1.1B in turnover, with whale wallets adding 30M tokens and speculation mounting around potential retirement fund inclusion. Support has shifted higher into the $0.27 zone as institutions pressed bids, with momentum now eyeing the $0.30 ceiling. News Background DOGE rose 6% between Oct. 6, 04:00 and Oct. 7, … Read more