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10 months, 2 weeks agoUS Financial Firms Favor USDC Over USDT, Says CryptoQuant CEO
Ki Young Ju, the founder and CEO of on-chain analytics platform CryptoQuant, has stated that financial institutions in the United States have a preference for Circle’s USD Coin (USDC) over Tether’s USDT. Acc…
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10 months, 2 weeks agoHut 8 Boosts Coinbase Credit to $65M, Acquires Gas Power Plants
Bitcoin miner Hut 8 has successfully expanded its borrowing capacity with Coinbase, a United States-based cryptocurrency exchange, to $65 million. This comes as a result of an additional $15 million secured from a…
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10 months, 2 weeks agoSouth Korea's FSC Warns Firms Against Brokering US Bitcoin ETFs
The Financial Services Commission (FSC), South Korea’s main financial regulator, has issued a warning to local firms about brokering spot Bitcoin exchange-traded funds (ETFs) from the United States. The FSC’s sta…
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10 months, 2 weeks agoCoinShares Advances Acquisition of US Competitor Valkyrie Amid ETF Success
European cryptocurrency investment firm CoinShares is moving forward with a potential acquisition of its United States competitor, Valkyrie Funds. Valkyrie is an issuer of a spot Bitcoin exchange-traded fund (ETF)…
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10 months, 2 weeks agoMorgan Stanley Cuts Investment Banker Bonuses Amid M&A Activity Slump
US financial giant Morgan Stanley is setting the tone by reducing bonuses for investment bankers by up to 15% following a challenging year for M&A. Wage specialists anticipate even greater declines at other…
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10 months, 2 weeks agoBlackRock CEO Endorses Ethereum ETF Amid Growing Crypto Acceptance
BlackRock, the world’s largest asset manager, has expressed support for an Ethereum ETF. CEO Larry Fink made these comments a day after the company’s Bitcoin ETF started trading. In a CNBC interview, Fink end…
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10 months, 2 weeks agoBlackrock Acquires $100 Billion Portfolio from Global Infrastructure Partners
US asset manager Blackrock is set to acquire an investment portfolio worth over $100 billion for $12.5 billion. The deal is being orchestrated by two former Credit Suisse bankers.Blackrock has agreed to the…
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10 months, 2 weeks agoSEC Approves First Spot Bitcoin ETF, Opening New Opportunities for Investors
The United States Securities and Exchange Commission (SEC) recently approved the first regulated spot Bitcoin exchange-traded fund (ETF) in the United States, a day after an erroneous tweet caused confusion. This…
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10 months, 2 weeks agoHedera and Algorand Form DeRec Alliance for Crypto Recovery System
The Hedera and Algorand ecosystems have announced the formation of the DeRec Alliance at the Crypto Finance Conference in St. Moritz. This alliance is set to develop a decentralized recovery system for…
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10 months, 2 weeks agoBitcoin ETFs Debut in US, Marking Crypto's Watershed Moment
The crypto world experienced a significant milestone with the launch of the first US ETFs directly holding Bitcoin. The debut was extraordinary, with nearly a dozen spot Bitcoin ETFs launching simultaneously,…
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10 months, 2 weeks agoCardano Gains Momentum with Key Updates and New Features
Input Output Global (IOG), the team behind the educational tool Essential Cardano, has revealed some of the latest updates in the Cardano ecosystem. These improvements, ranging from performance to scalability, have…
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10 months, 2 weeks agoCoinShares Acquires Valkyrie to Expand Bitcoin ETF in US Market
Europe-based asset management firm CoinShares is set to acquire Valkyrie’s crypto-focused exchange-traded funds (ETF) investment advisory business, marking its entry into the U.S. market. This move follows the r…
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10 months, 2 weeks agoBlackRock CEO Larry Fink Supports Ethereum ETF, Sees Future in Tokenization
BlackRock’s Chief Executive Officer, Larry Fink, has recently voiced his support for an Ethereum Exchange Traded Fund (ETF). In a conversation with CNBC, Fink expressed his belief in the potential of t…
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10 months, 2 weeks agoUBS Allows Select Clients to Trade Bitcoin ETFs, Citigroup Evaluates
UBS, a leading banking institution based in Zürich, is set to allow certain clients to trade bitcoin ETFs, albeit under specific conditions, as revealed by an anonymous source close to the bank. The stipulations…
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10 months, 2 weeks agoCoinShares to Acquire Valkyrie Funds, Expanding US Digital Asset Offerings
CoinShares, a European investment company, has announced its decision to acquire Valkyrie Funds LLC, the investment advisory arm of US digital asset manager Valkyrie Investments Inc. This move is a direct response…
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10 months, 2 weeks agoBlackRock CEO's Interest in Ethereum ETFs Signals Crypto Market Shift
Larry Fink, CEO of BlackRock, the world’s largest asset management firm, has recently shown a keen interest in Ethereum ETFs (exchange-traded funds). This interest marks a potential turning point in the digital f…
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10 months, 2 weeks agoBitcoin ETFs Launch in US: Impact on Prices and Future Predictions
Bitcoin ETFs, backed by actual bitcoin, made their debut on US exchanges on Thursday, following over a decade of attempts. However, this development has had little impact on bitcoin’s price. After the ETFs went l…
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10 months, 2 weeks agoCircle Confidentially Files for IPO Amid Cryptocurrency Market Surge
Stablecoin firm Circle has confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). This marks a significant shift for the company, which is making another…
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10 months, 2 weeks agoWarren Criticizes SEC's Bitcoin ETF Approval, Pushes for Crypto Regulation
Senator Elizabeth Warren, a member of the Senate Banking Committee, has publicly criticized the Securities and Exchange Commission (SEC) for its recent approval of 11 spot Bitcoin exchange-traded funds (ETFs).…
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10 months, 2 weeks agoEthereum Could Reach $10,000 This Year, Predicts Crypto Expert Sassano
Crypto expert Anthony Sassano has offered a bullish outlook for the Ethereum ecosystem, predicting that Ethereum could reach a new all-time high this year. Sassano specifically suggested that Ethereum could rise to…
