Detroit is setting a national precedent by becoming the largest US city to accept crypto for taxes and city fees. City officials announced on Nov. 7 that residents will be able to pay these expenses with crypto starting in mid-2025 through a secure platform operated by PayPal. The move is part of Detroit’s broader vision […]
The post Detroit becomes first city to fully adopt crypto payments for taxes, fees appeared first on CryptoSlate.
Institutions are fueling RWA tokenization growth, but challenges remain for this emerging sector.
US Space Force Major and author of “Softwar,” Jason Lowery, calls on the United States to reassess Bitcoin’s role with a US Bitcoin National Defense policy proposal. He contends that Bitcoin represents a strategic tool for national defense by using physical power to secure cyberspace, emphasizing its significance beyond a mere financial asset. Lowery shared […]
The post US Bitcoin National Defense Policy promotes ‘Mutually Assured Preservation’ – Lowery appeared first on CryptoSlate.
BlackRock’s spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump’s victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris. The swift volume […]
The post Spot Bitcoin ETFs on track for record-breaking day following Trump win appeared first on CryptoSlate.
Bitwise CIO Matthew Hougan said in a Nov. 6 memo that Donald Trump’s victory in the US presidential elections will catalyze a “Golden Age of Crypto” as the new administration is set to improve the regulatory landscape. Crypto markets rallied significantly as Trump’s odds of winning the election climbed above 95% on prediction markets. Bitcoin (BTC) […]
The post Trump election win set to kick off ‘golden age of crypto’ in the US – Bitwise CIO appeared first on CryptoSlate.
Private market exchange ADDX, Australia and New Zealand Banking Group (ANZ), and Chainlink have launched an innovative solution for cross-border transactions involving tokenized commercial papers, according to a Nov. 6 statement. The project utilizes ADDX’s investment platform, ANZ’s Digital Asset Services, and Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with its Private Transactions functionality. It was designed […]
The post ADDX and ANZ pilot tokenized commercial papers with Chainlink’s private transaction tech appeared first on CryptoSlate.
Circle CEO Jeremy Allaire said stablecoins are poised to become essential financial tools worldwide due to their potential to streamline cross-border trade and drive efficiencies in emerging markets, South China Morning Post reported. Speaking at the Hong Kong FinTech Week 2024 on Nov. 5, Allaire positioned stablecoins, particularly USDC, as a vital component in modernizing […]
The post Circle CEO sees stablecoins as linchpin for global trade appeared first on CryptoSlate.
Bitcoin’s maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin’s evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical resilience, and energy policy. The Bitcoin Policy Institute (BPI) released a comprehensive report on how […]
The post Bitcoin Policy Institute releases paper on Bitcoin as a strategic reserve asset appeared first on CryptoSlate.
Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s total assets under management (AuM) above $100 billion for only the second time. These levels […]
The post Crypto asset products surpass $100 billion AuM, driven by Bitcoin’s strong inflows and election optimism appeared first on CryptoSlate.
The Monetary Authority of Singapore (MAS) has announced several initiatives designed to enhance tokenization within the financial sector, according to a Nov. 4 statement. According to the regulator, the move aims to strengthen tokenized assets’ liquidity and support market infrastructure growth. To help drive the adoption of tokenized assets, MAS will establish commercial networks, develop […]
The post Singapore creating networks to commercialize digital asset tokenization platform after successful trials appeared first on CryptoSlate.
Strive Enterprises, an asset management firm co-founded by Vivek Ramaswamy, announced a new wealth management division on Nov. 1 that will integrate Bitcoin (BTC) into client portfolios, according to a Nov. 1 press release. The move aims to use Bitcoin as a hedge against expected long-term economic risks, including inflation, rising fixed-income yields, persistent geopolitical […]
The post Vivek Ramaswamy’s Strive to integrate Bitcoin as hedge against long-term economic risks appeared first on CryptoSlate.
Tron’s blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.17 within the past 24 hours, reflecting a 55% increase year-to-date. This significant price gain reinforces TRX’s place among the top 10 […]
The post Tron hits second-highest revenue as TRX gains momentum appeared first on CryptoSlate.
UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients. According to a Nov. 1 statement, the new product — the “UBS USD Money Market Investment Fund Token” or “uMINT” — offers clients an innovative investment solution. Token […]
The post UBS launches its first tokenized fund on Ethereum blockchain appeared first on CryptoSlate.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the fastest-growing ETF in history, exceeding $30 billion in assets under management. According to Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, IBIT reached this milestone in just 293 days, setting a new record. This pace surpasses the JPMorgan Equity Premium Income ETF (JEPI) and major Gold […]
The post BlackRock’s Bitcoin ETF becomes fastest-growing in history with $30B milestone appeared first on CryptoSlate.
Florida Chief Financial Officer Jimmy Patronis has urged the State Board of Administration (SBA) to consider adding Bitcoin to the state pension funds. On Oct. 29, Patronis sent a letter to Chris Spencer, the executive director of the Florida State Board of Administration, highlighting Bitcoin’s role as “digital gold.” He emphasized how Bitcoin could diversify […]
The post Florida CFO advocates adding Bitcoin to state pension funds for strategic growth appeared first on CryptoSlate.
Blockchain data shows that Bhutan’s government recently transferred over $66 million in Bitcoin to Binance. Data from the blockchain analytical platform Arkham Intelligence showed that the Bhutan government-labelled address initiated three transfers out of its balance within four hours. The authorities first moved 4.683 BTC, valued at $332,000, to an unlabelled address before transferring around […]
The post Bhutan moves $66M to Binance, cashes in on Bitcoin’s climb above $70k appeared first on CryptoSlate.
The birth and history of the crypto scene could be considered a meme. These iconic videos represent key chapters and milestones from crypto’s history and may make you giggle.
Japan-based Metaplanet recently achieved a significant benchmark by pushing its Bitcoin holdings over 1,000 BTC. On Oct. 28, the company stated that it acquired 156.78 BTC at an investment of $10.4 million, raising its total Bitcoin stash to 1,018.17 BTC—currently valued at approximately $68.8 million. This acquisition brought Metaplanet’s average purchase price to around 9,450,746 […]
The post Metaplanet becomes Asia’s largest Bitcoin holder with over 1,000 BTC appeared first on CryptoSlate.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a Binance Research report. According to the report, Bitcoin ETFs have seen accelerated adoption since their debut, with cumulative holdings now reaching over 938,700 BTC — approximately $63.3 billion in assets […]
The post Retail investors dominate demand for spot Bitcoin ETFs – Binance Research appeared first on CryptoSlate.
The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. This initiative aims to create “safe haven” states for Bitcoin users, providing legal assurances for holding and using the digital asset. Dennis Porter, CEO and co-founder of […]
The post Satoshi Action Fund seeks to replicate cannabis industry with ‘safe haven’ states for Bitcoin custody appeared first on CryptoSlate.
Tokyo-listed investment firm Metaplanet has announced that its ongoing Bitcoin purchases have delivered positive returns for shareholders, with a reported 116% yield this month, according to an Oct. 25 statement. This gain reflects a substantial jump from the 41.7% yield recorded on Metaplanet’s Bitcoin holdings from July 1 to Sept. 30. The company attributed this […]
The post Metaplanet’s Bitcoin strategy earns 116% yield for shareholders appeared first on CryptoSlate.
Microsoft shareholders are set to vote on a proposal to assess Bitcoin (BTC) as a potential corporate investment at the tech giant’s upcoming annual meeting at the end of the year, according to an Oct. 24 regulatory filing. The proposal, filed by a shareholder advisory board, calls for a detailed evaluation of the flagship crypto’s […]
The post Microsoft shareholders to vote on Bitcoin investment proposal amid board opposition appeared first on CryptoSlate.
The Pennsylvania House of Representatives passed a bipartisan bill on Wednesday aimed at providing regulatory clarity for digital assets, marking a significant development in state-level efforts to address crypto regulation. The legislation — House Bill 2481, also known as the “Bitcoin Rights” bill — seeks to protect residents’ rights to hold and use Bitcoin while […]
The post Pennsylvania House passes ‘Bitcoin Rights’ bill for digital asset clarity appeared first on CryptoSlate.
Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.
Coinbase CEO Brian Armstrong has offered to establish a dedicated crypto wallet for Truth Terminal, an AI agent that has recently gained fame within the crypto community. On Oct. 23, Armstrong inquired whether Truth Terminal would be interested in obtaining its wallet, as its current wallet is managed by its human creator, Andy Ayrey. While […]
The post Coinbase CEO Brian Armstrong offers AI agent Truth Terminal its own crypto wallet appeared first on CryptoSlate.
Ki Young Ju, CEO of CryptoQuant, predicts that Bitcoin will likely evolve into a widely accepted “currency” by 2030, aligning with the original vision of its pseudonymous creator, Satoshi Nakamoto. Ju shared this outlook in an Oct. 24 post on X (formerly Twitter). ‘Declining volatility’ Ju pointed out that Bitcoin’s mining difficulty has surged by […]
The post CryptoQuant CEO predicts Bitcoin to mature into an accepted global currency within a decade appeared first on CryptoSlate.
Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial Secretary for Services and the Treasury Christopher Hui. Speaking at the Asia-Pacific Fintech Innovation Lab 2024, Hui emphasized that these areas are central to positioning Hong Kong as a global leader in virtual […]
The post Hong Kong targets global fintech leadership with new virtual asset strategies appeared first on CryptoSlate.
Tesa, a smart trading agent designed to optimize memecoin trading by enhancing speed, cost efficiency and accessibility, joins the Cointelegraph Accelerator program.
The upcoming WAGMI 2025 conference in Miami aims to become the biggest Web3 and blockchain event in the United States, bolstered by a new partnership with Cointelegraph.