Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have intensified following President Donald Trump’s re-election. Several asset management firms and financial analysts have voiced their […]
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox […]
Digital asset investment products have achieved a historic milestone, according to Coinshares’ weekly report penned by research analyst James Butterfill. The findings highlight an unprecedented $ 3.13 billion in weekly inflows, signaling an amplified attraction toward these offerings. Bitcoin Leads the Charge with $ 3 Billion Inflows According to Coinshares’ research, bitcoin (BTC) …
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest. XRP Gains Ground: Major ETP Launched by a Top European Asset Manager Asset management firm Wisdomtree announced on Thursday the launch of its latest cryptocurrency exchange-traded product (ETP), the Wisdomtree Physical XRP (XRPW), […]
Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $ 100 billion across the 12 ETFs. Bitcoin ETFs Hit $ 100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $ 95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone …
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $ 1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: …
The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $ 400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron, Ohio, was sentenced to three …
Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical instability. Bernstein argues that India’s current focus on central bank digital currencies (CBDCs) and its classification of bitcoin as a “private currency” overlook BTC’s key […]
Tether has introduced Hadron, a new platform aimed at expanding asset tokenization to a broader market. Tether Launches Hadron Platform Tether, known as a leading issuer of stablecoins, has launched Hadron, a platform designed to streamline the process of asset tokenization. According to the announcement shared with Bitcoin.com News, the platform aims to make it […]
Wyden, a digital asset trading infrastructure provider, secured $ 16.4 million in Series B funding to expand its client base and strengthen its platform. Wyden to Strengthen Poland Development Hubs On Nov. 13, Wyden, the digital asset trading infrastructure provider, announced it had secured approximately $ 16.4 million (CHF 14.5 million) in a …
Genius Group to prioritize bitcoin as the primary asset for its treasury. Smart Bitcoin Investment for Genius Group Genius Group, an AI-powered education and acceleration group has decided to adopt a “bitcoin-first” strategy, making bitcoin its primary treasury asset. The adoption of this strategy came after the company reorganized its board with the addition of […]
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $ 34.3 billion on Friday, overtaking IAU’s nearly $ 33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump …
A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President Vladimir Putin discussed the proposed creation of a BRICS investment platform to support developing markets at the Valdai Discussion Club’s […]
Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong’s statements. Coinbase Allegedly Collecting Hidden Fees for Listing Assets in Its Platform Coinbase is in the […]
The year-to-date inflows for digital assets hit a new high of $ 29.2 billion with inflows of $ 2.2 billion last week. This was according to Coinshares’ latest digital assets inflow report by head of research, James Butterfill. Coinshares: Record Numbers for Digital Asset Inflows With $ 2.2 billion in inflows, bitcoin …