Today’s Insider ⬇️
🤝 Crypto Hiring: Ripple hires LME treasury chief for tokenization push
🚀 Crypto Loans: Russia’s Sber eyes USDT loans, questions digital ruble demand
📈 Market Share: Bitcoin Ownership Overtakes Gold in America, But Not Value
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $78,867 | +0.81% | -27.47% |
Ethereum | $2,506 | +2.01% | -42.32% |
Solana | $105.81 | +0.52% | -47.28% |
XRP | $1.41 | +0.81% | -49.74% |
S&P 500 | $7,767 | +0.47% | +19.46% |
Gold | $4,566 | -0.95% | +33.72% |
1. Ripple Hires LME Treasury Chief For Tokenization Push
Crypto hiring: Ripple hires Joseph Thompson, SVP and head of treasury at the London Metal Exchange, to focus on tokenization strategy and delivery as Ripple Prime expands into Delta One swaps across equities, indices, and digital assets.
🔎 Insider Insight: Thompson's decade of experience spanning exchange treasury, clearing, collateral, and liquidity management gives Ripple institutional-grade expertise for its capital markets infrastructure ambitions. The hire signals Ripple is building toward commodity tokenization and complex institutional products, though no specific new offering has been announced.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Russia's Sber Eyes USDT Loans, Questions Digital Ruble Demand
Crypto loans: Sber plans to accept USDT and ETH as loan collateral alongside Bitcoin under Russia's new crypto law, while its CFO publicly questions whether there is genuine market demand for the digital ruble.
🔎 Insider Insight: Sber's USDT collateral expansion signals Russia's banking sector is embracing dollar-pegged stablecoins as practical financial instruments even as the government promotes a competing CBDC. The CFO's candid skepticism about digital ruble demand, coming from Russia's state-controlled largest bank, is a significant public challenge to the central bank's flagship monetary project on the eve of its launch.
Which cryptocurrency is known as “digital silver” due to its similar properties to Bitcoin’s “digital gold”?
3. Bitcoin Ownership Overtakes Gold In America, But Not Value
Market share: Bitcoin ownership among U.S. adults reached 18.6%, surpassing gold at 10.8%, as the Treasury's doubled bond buyback program weakened the dollar and drove simultaneous gains in both bitcoin and gold.
🔎 Insider Insight: Bitcoin leading gold on ownership share while the dollar weakens suggests the asset is increasingly being treated as a macro hedge rather than pure speculation, especially with U.S. corporate and government holdings now totaling over 1.5 million BTC. Whether August 19 marked a genuine turning point depends on dollar trajectory, Treasury buyback extension, and whether the bitcoin-to-gold ratio continues climbing through year-end.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
