Author: CryptoDigestAlert.com

TLDR: Canary Funds’ XRP ETF filing removes the SEC’s delaying clause, opening the door for an auto-effective registration. The updated filing positions the XRP ETF for a potential November 13 launch pending Nasdaq and SEC clearance. SEC Chair Paul Atkins welcomed companies using the 20-day waiting rule during the shutdown period. Market watchers link Canary’s move to Bitwise’s auto-effective filings for Solana, Litecoin, and Hedera ETFs. Crypto traders may soon see another ETF debut. Canary Funds has taken a key step that could send its XRP spot ETF live within weeks.  The firm updated its S-1 filing, removing the “delaying…

Bitcoin endured one of its sharpest selloffs of the year on Tuesday, knifing below the six-figure threshold and printing lows around the $99,000 area on major composites before rebounding. At press time, bitcoin (BTC) hovered near $101,700 after an intraday trough just above $99,000 on widely used benchmarks, marking a fall of roughly 6% day-over-day and the lowest print since June. The slide came as US equities limped into mid-week, with the Nasdaq up 20.9% year-to-date and the S&P 500 up 15.1% as of Tuesday’s close—gains that underscore how much bitcoin has lagged other risk assets during long stretches of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Standard Chartered CEO Bill Winters expects every transaction to one day run on blockchain, calling it a “complete rewiring” of global finance. Standard Chartered CEO Believes Blockchain Will Host All Money Eventually As reported by CNBC, Bill Winters talked about the future of finance and Hong Kong’s role in the global digital assets space at a Hong Kong FinTech Week panel on Monday. “Our belief, which I think is shared by the leadership of Hong Kong, is that pretty much all transactions will settle on blockchains eventually,…

TLDR: Treasury Secretary Scott Bessent and Senator Hagerty urge FDIC reform to protect community banks from collapse. Community banks have lost 45% of their numbers since 2010, shrinking their share of U.S. loans and assets. The Dodd-Frank Act entrenched big banks, creating an uneven playing field for small and mid-sized lenders. Raising FDIC limits could restore balance, helping local banks support small businesses and rural economies. The push to restore balance in America’s banking system is gaining ground again.  Treasury Secretary Scott Bessent and Senator Bill Hagerty are calling for reforms to protect local banks from the weight of federal…

Michael Saylor’s Strategy has publicized its intention to conduct an IPO of 3,500,000 shares of Strategy’s Series A Perpetual Stream Preferred Stock (STRE Stock). The STRE Stock will earn cumulative dividends at an annual rate of 10% of the €100 per share, payable only in cash, beginning December 31, 2025. The Bitcoin treasury firm further clarified that the dividends will be paid out of funds available for shareholders’ quarterly arrears on March 31, June 30, September 30, and December 31 of each year, when and if declared by the company’s board or any authorized committee. The dividends will also increase…

Ripple is deepening its push into digital asset infrastructure with a strategic acquisition that will strengthen its institutional products. Summary Ripple has acquired wallet and custody firm Palisade to expand institutional services. Palisade’s MPC wallet tech will integrate into Ripple Custody and Payments. The deal follows Ripple’s $1B GTreasury and $1.25B Hidden Road acquisitions. Ripple has made another major move to enhance its institutional offerings, acquiring digital asset wallet and custody provider Palisade. According to a Nov. 3 press release, the deal will allow Ripple to expand its custody infrastructure and directly serve fintechs, corporates, and crypto-native firms that need…

TLDR: Conexus plans a blockchain-based interbank system allowing Bitcoin and USDT deposits and transfers. Over 40% of Venezuelan payments already flow through Conexus, making it key to crypto integration. The project aims to give banks custody options for Bitcoin and stablecoins amid rising crypto use. No launch date yet, but Conexus says the blockchain network is already under active development. Venezuela’s banking sector may soon operate on blockchain rails.  Conexus, one of the country’s largest financial networks, is developing an interbank blockchain system to handle Bitcoin and stablecoin transactions. The network will enable users to make deposits, transfers, and custodial…

TLDR: VanEck and Jito filed an updated S-1/A with the SEC for a Solana ETF featuring an integrated staking model. The ETF aims to track Solana’s price while generating staking rewards through Jito’s validator network. VanEck’s filing outlines full custodial control of SOL assets under regulatory compliance frameworks. If approved, it could become the first U.S. ETF offering regulated Solana exposure with yield benefits. The Solana ETF story has taken another step forward. VanEck and Jito have filed an amended S-1 registration with the U.S. SEC, refining details around the fund’s structure and staking model. This move signals persistent interest…

TLDR Circle’s EU policy chief warns that stablecoin providers may need two separate licenses for identical activities starting March 2026. Patrick Hansen identified conflicts between MiCA regulations and the Payment Services Directive that create duplicate licensing requirements. The regulatory overlap affects businesses handling e-money tokens across all 30 European Economic Area member states. Circle CEO Jeremy Allaire supported Hansen’s assessment and called it a critical moment for regulatory simplicity in Europe. Hansen proposed extending transition periods until 2027 and amending Payment Services Directive 3 to eliminate the overlap. Circle’s EU policy director has raised concerns about the overlapping nature of…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana shows mixed signals as TVL tops $11b, while fintech newcomer Digitap surges past $1m in presale. Summary Digitap’s presale surges past $1m as its token doubles; investors eye its crypto-powered banking platform. Digitap merges crypto and traditional finance with a Visa card, enabling instant, low-cost global payments. Audited by SolidProof and Coinsult, Digitap’s fast-growing presale reflects strong trust in its fintech vision. Solana’s (SOL) price action and underlying metrics are telling a mixed story. On one hand, the…