Today’s Insider ⬇️
📈 Crypto Investment: Ripple's crypto investments hit $4 billion with the acquisition of wallet tech firm Palisade
💰 Hollywood Gambling? Crypto.com to power new Hollywood-focused prediction market offering
National Partnership: Brazil and Hong Kong test cross-border blockchain trade system via Chainlink
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $106,507 | -3.14% | +54% |
Ethereum | $3,594 | -6.80% | +45% |
Solana | $165 | -10% | +1.65% |
XRP | $2.29 | -8.23% | +356% |
S&P 500 | $6,851 | +0.17 | +16.76 |
Gold | $4,001 | -0.03 | +52.47 |
1. Ripple Invests $4B to Lead Institutional Crypto Services with Palisade Acquisition
Crypto investment: Ripple has invested $4 billion in the crypto ecosystem this year, including the acquisition of wallet technology firm Palisade to enhance its custody capabilities for fintechs, corporates, and crypto-native firms.
🔎 Insider Insight: Ripple’s aggressive acquisition strategy, including Palisade and other firms, highlights its focus on becoming a leader in institutional crypto services. By targeting custody, treasury management, and global payments, Ripple is positioning itself to drive the next wave of corporate crypto adoption.
Top Crypto Insider Pick of 2025
BlockchainFX Redefines Trading with Rewards and an All-in-One Platform
Imagine earning rewards simply because someone else made a trade; that’s the revolutionary model BlockchainFX (BFX) is bringing to its users. By allocating up to 70% of its daily trading fees to reward token holders and active participants, BlockchainFX introduces a game-changing incentive system that fosters engagement and loyalty.
This unique approach not only incentivizes user participation but also positions BlockchainFX as a leader in DeFi innovation. However, what truly sets BlockchainFX apart is its ambition to provide a seamless, all-in-one trading experience. Notably, the platform offers access to a diverse range of assets, including crypto, forex, commodities, indices, and stocks, all under a unified interface, catering to everyday traders.
💡 Pro Tip: With nearly $11 million raised in soft capital, BlockchainFX is proving its strong market appeal. At a presale price of $0.029, 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 but rather a practical tool for modern traders.
2. Crypto.com and Hollywood.com Launch Entertainment Prediction Markets
Hollywood gambling? Crypto.com has partnered with Hollywood.com to launch an entertainment-focused prediction market focused on movies, shows, and actors.
🔎 Insider Insight: This partnership leverages the growing popularity of prediction markets by targeting Hollywood’s passionate fan base. By integrating entertainment with regulated blockchain-based contracts through its North American derivatives platform, Crypto.com is tapping into an expanding ecosystem poised for significant growth.
What was the first real-world purchase made using Bitcoin?
3. Brazil and Hong Kong Pilot Cross-Border Blockchain Trade System
National partnership: Brazil and Hong Kong successfully tested a blockchain-based cross-border trade system using Chainlink to connect Brazil’s Drex CBDC network with Hong Kong’s Ensemble platform.
🔎 Insider Insight: This pilot, which automates payments and title transfers through smart contracts, highlights the potential of blockchain to simplify and modernize complex trade finance processes, reducing costs and risks for businesses. Brazil’s Drex project continues to evolve as a key infrastructure initiative aimed at enhancing credit access and digital payment adoption.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
