What could derail Bitcoin's next bull run?

In our latest interview, Xapo CEO Seamus Rocca explains why just two companies pose the biggest concentration risk to Bitcoin—and why perception alone could trigger a major shock to the market.

https://youtu.be/GuSn5mgLlxA

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🔎 RESEARCH: Most RWA discussions focus on issuance. But for private credit, the harder question is enforcement. Can investors recover funds if the borrower defaults?

If the answer depends only on a token, the structure is incomplete. Credit still lives in legal systems. 8lends tested this directly.

Its parent, Maclear AG, recorded one default: an Italian company called Vibroedil, which entered insolvency in July 2025 after receiving a €150,000 loan. In no time, collateral recovery under Italian pledge law fully covered investors’ principal.

That is the difference between a token and an enforceable claim.

Read more insights: 👇

https://s3.cointelegraph.com/reports/8lends_report.pdf

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🔥 NEW: JPMorgan tokenizes the Invesco QQQ Trust, converting the ETF into a real-world asset token.

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🇮🇳 INSIGHT: India taxes crypto gains at 30% with 1% TDS, still 39 million verified users hold about $2.1 billion in assets.

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🔥 NEW: Visa has launched a new stablecoin platform to enable digital dollar payments for more than 200 million merchants worldwide.

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