The US Securities and Exchange Commission (SEC) has acknowledged two key filings: an amendment for Grayscale’s proposed spot Litecoin (LTC) exchange-traded fund (ETF) and a separate request allowing in-kind redemptions for BlackRock’s iShares Bitcoin ETF (IBIT), according to Feb. 6 filings. Analysts view the SEC’s engagement with these filings as a crucial step toward potential […]
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MicroStrategy announced on Feb. 5 that it will rebrand to Strategy, reflecting its focus on becoming a Bitcoin (BTC) Treasury Company and a publicly traded business intelligence firm. The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market. The brand’s […]
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BlackRock is preparing to introduce an exchange-traded product (ETP) linked to Bitcoin (BTC) in Europe, Bloomberg News reported on Feb. 5. According to sources familiar with the matter, the fund is expected to be domiciled in Switzerland, and BlackRock could begin marketing the product as early as this month. Bloomberg ETF analyst James Seyffart said […]
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Grayscale Investments announced the launch of the Grayscale Dogecoin Trust on Jan. 30, marking a significant milestone in institutional access to Dogecoin, the crypto initially created as a joke but now valued at billions. The new single-asset fund offers accredited investors exposure to Dogecoin (DOGE) through a traditional security format, eliminating the complexities of directly […]
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Robinhood CEO Vlad Tenev warned that the US could lose its competitive edge in financial markets if regulators fail to provide clear rules for tokenized securities. In a Jan. 28 op-ed for The Washington Post, Tenev argued that blockchain-based financial assets could broaden investment opportunities, allowing retail investors to participate in the early growth of […]
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CME Group announced on Jan. 29 that it would introduce options on its Bitcoin (BTC) Friday futures. The new contracts will launch on Feb. 24. According to the announcement, the contracts are CME’s first financially settled crypto options product, although they are still pending regulatory approval. Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, […]
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Morgan Stanley CEO Ted Pick said the lender is exploring how it can offer crypto services in the US and intends to engage with regulators once the review is complete. During an appearance on CNBC’s Squawk Box on Jan. 23, Pick said that Morgan Stanley’s equation is understanding how to act as crypto transactors while […]
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BlackRock CEO Larry Fink believes that Bitcoin (BTC) could soar to $700,000 if global economic and political instability prompts widespread adoption of the flagship crypto. Fink made the prediction while speaking on a panel at the World Economic Forum on Jan. 22. He outlined a scenario in which Bitcoin becomes a refuge for wealth preservation […]
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CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22. However, CME Group has yet to make a public statement on the matter, and neither confirmed nor denied the authenticity of the images as of press time, leading to […]
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Crypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading desk, according to a Jan. 17 report. Traditional financial institutions played a pivotal role in reshaping OTC trading in 2024. The report pointed to improved regulatory clarity and evolving policy frameworks as confidence […]
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Switzerland’s state-owned financial giant, PostFinance AG, has launched an Ethereum (ETH) staking service — allowing users to earn rewards while strengthening blockchain security. The initiative is part of the bank’s ongoing expansion into digital assets. The program, unveiled on Jan. 16, lets customers stake as little as 0.1 ETH, with a 12-week mandatory lock-up period […]
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Nasdaq filed a 19b-4 Form on Jan.16 to list and trade the spot Litecoin (LTC) exchange-traded fund (ETF) registered by Canary Capital. Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025. Following an update in the S-1 Form filed by Canary, Balchunas stated that its Litecoin ETF “has […]
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RWAs are set to transform finance, with stablecoins, tokenized products and regulatory shifts in the US paving the way for 2025 growth.
Boerse Stuttgart Group CEO Matthias Voelkel expressed a bullish stance on cryptocurrency, disclosing personal Bitcoin holdings.
Bitwise chief investment officer Matthew Hougan believes that companies adding Bitcoin (BTC) to their balance sheets are no longer an anomaly but a burgeoning megatrend that could transform the crypto market this year. In a recent memo to clients, Hougan highlighted that MicroStrategy has been making the headlines with its aggressive BTC accumulation strategy. The company […]
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According to an estimate by JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could attract over $15 billion in net inflows. Matthew Sigel, head of digital assets research at VanEck, shared that the forecast considers the performances of Bitcoin (BTC) and Ethereum (ETH) in relation to their market cap and ETP flows. Bitcoin ETPs […]
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A recent report by Bitwise and VettaFi reveals that 56% of financial advisors are more likely to invest in crypto this year, with the 2024 US election results pivoting sentiment. The 2024 surge in crypto prices and increased regulatory clarity have sparked greater interest from clients and advisors alike. In 2024, 96% of advisors fielded […]
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The fintech company Block could be the first publicly listed company holding Bitcoin (BTC) in its treasury to integrate the S&P 500 Index within 21 months, according to Matthew Sigel, head of digital assets research at VanEck. He highlighted that the firm, founded by Twitter co-founder Jack Dorsey, reportedly satisfied the final hurdle for listing […]
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The outlook for crypto adoption in 2025 is overwhelmingly positive, but not without challenges. Regulatory clarity, institutional participation, and technological innovation will be the pillars of growth.
Pyth Network partners with Revolut to integrate digital asset data into DeFi, bridging the gap between TradFi and Web3.
Nasdaq filed to raise the current options contract limit of the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts, representing an exercisable risk of 2.89%, according to a Jan. 6 SEC filing. According to the filing, the current limit represents only 0.4% of exercisable risk for the spot Bitcoin (BTC) exchange-traded fund (ETF). […]
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Morgan Stanley’s crypto subsidiary, E-Trade, is preparing to offer crypto trading, The Information reported on Jan. 2, citing two people familiar with the plans. According to the report, the lender’s move is motivated by its anticipation of a more favorable regulatory environment under President-elect Donald Trump’s incoming administration. However, before launching such a service, E-Trade would […]
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Energy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217.18 BTC for approximately $21 million, at an average purchase price of $96,556.53 per Bitcoin. As of 2023, KURL registered nearly $11 million in total assets, which makes its Bitcoin treasury roughly twice the number reported last […]
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Hexarq, the cryptocurrency subsidiary of Groupe BPCE, has obtained regulatory approval from France’s Financial Markets Authority (AMF) to offer crypto services to its clients in 2025, the Big Whale reported on Dec. 20. The approval, known as PSAN registration, allows Hexarq to provide custody, buying, and selling services for digital assets under French law, paving […]
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Institutional players bought 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and 4.3% of its total circulating supply, according to a K33 Research report. The majority of the amount was purchased by spot exchange-traded funds (ETFs) and public-listed companies like MicroStrategy. The rise of US-traded spot Bitcoin ETFs emerged as a […]
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Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17. The platform, dubbed Project Dama 2, represents the German banking giant’s attempt to harness blockchain technology’s potential while minimizing risks associated with public ledgers, which can often inadvertently transact […]
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Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
Robinhood Crypto celebrated a pivotal year in 2024, marked by significant milestones, including the launch of new features, geographic expansions, and the enhancement of its crypto offerings. According to a recent announcement, the company ended the year with $38 billion in crypto assets under custody and $119 billion in notional crypto trading volume over the […]
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Microsoft shareholders voted against the proposal to add Bitcoin (BTC) to its treasury in a preliminary vote conducted during the firm’s annual meeting. The proposal, introduced by the think tank and shareholder National Center for Public Policy Research (NCPPR), involved Microsoft considering allocating 1% of its treasury to BTC, which is roughly $800 million per […]
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The crypto market is poised for a transformative year in 2025, with Bitcoin (BTC) projected to break $200,000, according to a recent Bitwise report. The report — titled The Year Ahead: 10 Crypto Predictions for 2025 — highlights the factors driving the industry’s growth, including new regulatory clarity, institutional adoption, and technological innovation, which together […]
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