Today’s Insider ⬇️
🤝Institutional Partnership: Swiss AMINA Bank joins stablecoin race with the integration of RLUSD
🚀Institutional Crypto Adoption: BlackRock Acquires $3.85b Bitcoin as IBIT outpaces S&P 500 in earnings
🚧Crypto Regulation: Ripple becomes the latest to file for a national banking license amid steep competition
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $110,448 | +2,23% | +82% |
Ethereum | $2,624 | +7.11% | -20% |
Solana | $154 | +3.48% | +7.54% |
XRP | $2.30 | +5.45% | +382% |
S&P 500 | $6,198 | -0.11% | +5.38% |
Gold | $3,331 | -0.74% | +26% |
1. Swiss AMINA Bank Makes History With Ripple's RLUSD Stablecoin Integration
Stablecoin adoption: Swiss AMINA Bank becomes the first bank to directly support Ripple's RLUSD stablecoin, offering custody and trading services amidst a 69% revenue surge.
🔎 Insider Insight: AMINA Bank's adoption of RLUSD highlights growing institutional demand for compliant, secure stablecoins. With RLUSD backed by U.S. dollar reserves and Ripple's bid for a Federal Reserve Master Account, the stablecoin is positioned to strengthen its appeal as a trusted asset in the financial ecosystem.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX) Could be the Next ‘Binance’ for Multi-Market Trading Platforms
Binance has arguably dominated the crypto exchange market for so long. But this is about to change as everyday traders gravitate towards a more streamlined trading experience. With BlockchainFX (BFX) positioning itself at the center of crypto and traditional finance markets, it is set to become the next big thing among those seeking a multi-market trading experience.
What’s unique about this project? As a multi-market super trading app, BlockchainFX makes it possible for users to trade cryptocurrency, forex, stocks, indices, and commodities. Additionally, the presale star offers multi-layer incentives like exclusive membership, a custom BFX Visa Card, and up to $25,000 in trading credit.
🔎 Insider Insight: Thanks to its low presale price of $0.0145, BlockchainFX is now close to reaching the $3 million funding milestone. While a positive outlook reflects growing interest in the project, the project’s multi-market appeal also positions it as a strong challenger to major platforms like Binance and Robinhood.
2. BlackRock’s Massive BTC Accumulation Reflects Growing Interest in iShares Bitcoin Trust
Corporate Bitcoin treasury soars: BlackRock accumulated $3.85 billion worth of Bitcoin in June, with its iShares Bitcoin Trust (IBIT) now generating more annual revenue than its S&P 500 ETF.
🔎 Insider Insight: BlackRock’s aggressive Bitcoin purchases and IBIT’s dominance in the U.S. spot Bitcoin ETF market underscore the growing institutional confidence in BTC as an asset class. With IBIT surpassing traditional ETFs in earnings and breaking AUM growth records, Bitcoin is solidifying its role in mainstream finance.
What is the name of the process used to verify transactions?
3. Ripple Follows Suit, Applies for National Banking License Like Circle
Race for banking license? Ripple applies for a national banking license with the OCC, aiming to bring its RLUSD stablecoin under federal oversight and expand its crypto services.
🔎 Insider Insight: Ripple’s move, alongside Circle’s recent banking license application, reflects the crypto industry’s push to align with traditional finance ahead of expected U.S. stablecoin legislation. Federal oversight could drive greater institutional adoption by establishing higher standards for transparency and compliance in the stablecoin market.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
