火星财经消息, 加密经纪商 FalconX 已收购原 FTX 旗下资产管理公司 Monarq 母公司的多数股权，旨在扩大机构客户基础并拓展资产管理服务。今年 FalconX 还收购衍生品初创公司 Arbelos Markets，并与渣打银行达成合作。此次收购或有助于其量化策略拓展及团队扩张，交易条款未披露。（Cointelegraph）

<div>火星财经消息, 加密经纪商 FalconX 已收购原 FTX 旗下资产管理公司 Monarq 母公司的多数股权，旨在扩大机构客户基础并拓展资产管理服务。今年 FalconX 还收购衍生品初创公司 Arbelos Markets，并与渣打银行达成合作。此次收购或有助于其量化策略拓展及团队扩张，交易条款未披露。（Cointelegraph）</div>

FalconX收购Monarq母公司多数股权，扩展机构客户业务

<AR>Mars Finance reports that the crypto broker FalconX has acquired a majority stake in the parent company of Monarq, a former FTX asset management company, with the aim of expanding its institutional client base and asset management services. This year, FalconX has also acquired the derivatives startup Arbelos Markets and established a partnership with Standard Chartered Bank. This acquisition may help expand its quantitative strategies and team expansion, with transaction terms undisclosed.</AR>

<div>Mars Finance reports that crypto broker FalconX has acquired a majority stake in the parent company of Monarq, a former FTX asset management company, with the aim of expanding its institutional client base and asset management services. This year, FalconX has also acquired the derivatives startup Arbelos Markets and established a partnership with Standard Chartered Bank. This acquisition may help expand its quantitative strategies and team expansion, with transaction terms undisclosed. (Cointelegraph)</div>

FalconX acquires majority stake in Monarq's parent company to expand institutional client business

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

SWIFT, a global payments giant, has made progress on integrating a blockchain-based ledger into its payment network. According to the announcement, it has collaborated with global banks to design feat...