CIO Matt Hougan cited recent wealth manager approvals, bitcoin's price surge, and the "debasement trade" narrative as key catalysts.
Fight Fight Fight LLC, the company behind Donald Trump’s memecoin, is seeking to raise at least $200 million to establish a digital asset treasury.
BNY, which processes $2.5 trillion in payments daily and oversees $55.8 trillion in assets is studying tokenized deposits to support blockchain payments.
U.S. spot bitcoin ETFs attracted their second-largest ever daily inflows of $1.19 billion on Monday as BTC made fresh all-time highs.
SharpLink Gaming said it has seen its unrealized profits surge past $900 million since launching its treasury strategy in early June.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Schwab and Vanguard are also starting to change their tune, signaling a gradual softening of resistance to digital assets.
The crypto asset manager has also activated staking for its Grayscale Solana Trust (GSOL), which has yet to convert into an ETF.
The platform will offer bitcoin, ether, Solana, and Paxos Gold trading and custody at launch, with more tokens to follow in the future.
The flows were driven by a delayed response to the U.S. interest rate cut, CoinShares Head of Research James Butterfill said.
China Financial Leasing Group plans to raise $11.1 million through a share placement to establish a cryptocurrency and AI investment platform.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Walmart-backed OnePay is reportedly preparing to add bitcoin and ether trading and custody to its mobile banking app.
The daily inflow streak for BlackRock's IBIT surpassed $1 billion on Thursday, contributing to a $2.25 billion run across all Bitcoin ETFs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin is significantly undervalued relative to gold, according to JPMorgan analysts, implying upside toward $165,000.
Tenev said prediction markets could revolutionize existing industries, functioning as a hybrid of betting, exchange-traded products, and news.
Lava has also launched a new dollar yield product, currently offering up to 7.5% APY on loans backed solely by bitcoin collateral.
The Asian holiday season and U.S. government shutdown may sap liquidity and delay key economic data in early October, according to K33.
Ripple's Chief Technology Officer, David Schwartz, announced his departure after more than a decade at the technology company.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Balchunas' comments follow a slew of recent 19b-4 withdrawals for Solana, XRP, Cardano, Litecoin, Dogecoin, Polkadot, and Hedera ETFs.
Chainlink and Swift expanded their partnership with a live UBS Tokenize pilot, triggering onchain fund workflows through existing systems.
Visa launched a pilot to test stablecoins for cross-border payments, providing businesses a new way to transfer money abroad more quickly.
Chainlink “orchestrated the validation of multiple AI model outputs” that was transmitted to Swift using an ISO 20022-compliant messaging format.
Stronger than anticipated macro data hit sentiment in the U.S., CoinShares Head of Research James Butterfill noted.
Tether is in talks with investors to raise as much as $20 billion at around a $500 billion valuation, Bloomberg reported this week.
The asset management giant is laying the groundwork for access in response to strong client demand for digital assets, a source said.
SEC officials have cautioned some companies about potential violations of Regulation Fair Disclosure, according to WSJ.
Nine European banks, including ING and UniCredit, have formed a consortium aimed to develop a euro-backed stablecoin.