News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →Ripple expands Brevan Howard deal with prime brokerage services
Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by the $35 billion alternative investment manager. Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to funds managed by Brevan Howard, a global investment manager with about $35 billion in assets. Under the expanded agreement, Brevan Howard will gain access to Ripple Prime’s services across traditional and digital asset markets, according to a Tuesday announcement. The deal builds on an existing relationship between the firms. Brevan Howard-affiliated funds participated in a $500 million investment in Ripple in 2025 that valued the company at $40 billion. “As digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing,” Brevan Howard chief operating officer Alan McGroarty said. The investment manager serves global clients including sovereign wealth funds, corporate and public pension plans, foundations and endowments. The agreement comes as Ripple expands its prime brokerage business. In August, Ripple Prime raised <a href="https://cointelegraph.com/news/ripple-raises-275m-us-prime-brokerage" rel="nofollow" target="_blank">$275 million through a senior note offering</a> to fund its expansion into prime brokerage, financing and multi-asset clearing. Ripple launched the business after acquiring prime broker Hidden Road for about $1.25 billion in 2025. <em><strong>Magazine: </strong></em><a href="https://" rel="nofollow noopener" target="_blank"><em><strong>Too big to pause: Could an AI slowdown crash the economy?</strong></em></a>
Muneeb Ali: Announces Five Key Priorities After Returning to Stacks Labs
According to CoinWorld news, Stacks founder Muneeb Ali announced five key priorities for his first 30 days after returning as CEO of Stacks Labs, including expanding institutional business development, simplifying the management structure, releasing a roadmap for the next two years, strengthening public communication with large STX holders, and clarifying the value capture mechanism of STX. He said that institutional demand for Bitcoin Bonds is increasing, the future roadmap will cover institutional-grade BTC privacy and quantum-resistant technology, and Stacks plans to assign all intellectual property to a foundation with no shareholders.
Bitcoin saw a net outflow of 24,100 coins this Monday, the highest in seven months.
According to data from Biquanwang: On Monday of this week, Bitcoin's net outflow from centralized exchanges (CEX) reached 24,073 coins, setting a new single-day outflow high since March 1. Currently, CEX's Bitcoin supply has dropped to about 6.50% of the total supply.
Over the past 4 hours, the share of active buy trades in SOL contracts was 47.67%.
CoinWorld data: For the SOLUSDT perpetual contract, the taker buy volume share over the most recent 4 complete hours was 47.67%, while the taker sell volume share was 52.33%, with taker selling dominating. Compared with the same-caliber snapshot 24 hours earlier, it rose by 0.5705 percentage points.
ETC trading volume surged 8x, ranking No. 1 globally on Binance Futures comprehensive leaderboard.
CoinWorld data: According to media reports, Binance's ETC/USDT perpetual contract saw its trading volume surge 8-fold within 10 minutes, with a 24-hour trading volume reaching $26.81 million and a decline of 4.85%. A surge in trading volume generally indicates increased market trading activity or large-scale capital buying and selling operations, which may be triggered by certain important market changes or news announcements. Binance currently ranks 1st globally in the comprehensive contract rankings.
Muneeb Ali returns to Stacks as CEO and announces five plans.
CoinWorld news: Stacks founder Muneeb Ali has returned to the project as CEO and announced a five-point plan for his first 30 days in office: expand institutional business to shorten the timeline for Bitcoin bond implementation, simplify management layers to speed up decision-making, release a two-year roadmap covering BTC privacy and post-quantum solutions, hold investor meetings and publish position updates, and transfer intellectual property to a shareholder-free endowment fund so that value accrues to STX. Muneeb Ali has been deeply involved in the industry for 13 years and will build in public, with the token being $STX.
Over the past 4 hours, the proportion of active buy trades in ETH contracts was 44.77%.
CoinWorld data: In the most recent 4 full hours, the taker buy volume share of the ETHUSDT perpetual contract was 44.77%, while the taker sell share was 55.23%, with taker selling dominating. Compared with the same-caliber snapshot 24 hours earlier, it fell by 1.0883 percentage points.
Arthur Hayes: The flop testnet will launch in October, and participating in mining can earn airdrops.
According to CoinWorld news, Arthur Hayes stated at Token2049 that the flop testnet will go live in October this year, with a 90-day cycle, and the mainnet is expected to launch in the first quarter of 2027. Users who participate in testnet mining will receive token airdrops.
The VIX volatility index is at 15.01.
CoinWorld US stock data: The VIX volatility index closed at 15.01 points. Compared with the same-caliber snapshot 24 hours earlier, it fell 0.51 points.
Arthur Hayes: The AI boom will overbuild, collapse, and use Bitcoin as a bailout.
Arthur Hayes warns that the construction of artificial intelligence (AI) data centers will lead to overinvestment, ultimately ending in a crash and bailout. He expects that the multi-trillion-dollar boom will end in a crash and bailout. Hayes said that as data centers open, the cost of the AI boom is expected to reach $2.8 trillion by 2030 and rise to $10.3 trillion by 2032. Developers have already raised at least $1.3 trillion in debt. He believes this spending is "wasting trillions of dollars." Hayes also mentioned that the AI boom will make computing power cheap and abundant, even though many demand-side players, such as SpaceX, OpenAI, and Anthropic, are not profitable. Hayes expects the AI boom's crash to arrive by the end of 2027 or in 2028. He pointed out that every major technology rollout in history has been accompanied by overbuilding, a crash, and a bailout. He believes that Bitcoin and other cryptocurrencies will absorb the excess liquidity that follows.