Digital asset markets demonstrated cautious optimism as Bitcoin held firm above the $102,000 threshold, trading at $102,800 with a modest 0.5% daily gain. Ethereum mirrored this positive momentum, climbing 1% to reach $3,380, while BNB and SOL maintained stability at $950 and $157 respectively. The altcoin sector witnessed notable outperformers, with Internet Computer (ICP) leading the charge with a 28% surge, followed by Zcash (ZEC) posting impressive 15% gains and Dash (DASH) advancing 12%.
In significant corporate developments, Ripple successfully closed a $500 million funding round at a $40 billion valuation, attracting capital from institutional heavyweights including Fortress Investment Group, Citadel Securities, and Brevan Howard Asset Management. The traditional finance integration continued as WisdomTree, managing $130 billion in assets, implemented Chainlink’s oracle infrastructure to bring net asset value data on-chain and facilitate subscription mechanisms for its CRDT tokenized fund operating on the Ethereum blockchain.
Trading platform Robinhood exceeded third-quarter earnings expectations, driven substantially by increased cryptocurrency transaction revenue. In regulatory clarity, YouTube issued statements confirming its gambling policy revisions specifically target casino-style gambling content rather than broader cryptocurrency material. Separately, Circle updated its service terms to permit firearms-related transactions using its USDC stablecoin, marking a significant policy shift in the digital currency ecosystem.
