Key Takeaways FalconX, a crypto prime brokerage, is acquiring 21Shares, an issuer of crypto-focused exchange-traded products. The acquisition enables FalconX to gain ETF management capabilities, signaling further consolidation in the digital assets sector. Share this article FalconX, a digital assets prime brokerage providing market making and liquidity services to institutional clients, is acquiring 21Shares, an…
Binance has introduced a new feature aimed at simplifying how users move money between crypto and traditional finance. Summary Binance now allows USD deposits and withdrawals in over 70 countries through BPay Global. Users can transfer funds via SWIFT, cards, Apple Pay, and Google Pay with low or zero fees. The move strengthens Binance’s global…
Large Bitcoin bagholders are starting to swap their assets for shares in exchange-traded funds, according to BlackRock. Bitcoin whales are moving their wealth from the blockchain onto Wall Street’s balance sheet, reported Bloomberg on Tuesday. Spot Bitcoin ETFs are providing a novel way for the crypto-rich to get their coins into the traditional financial…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Federal Reserve (Fed) Governor has declared the start of a new chapter for the agency’s posture on crypto and shared their goal to actively participate in the “tech-driven revolution” of the payments system. Crypto, DeFi ‘Woven’ Into The Payment Systems On…
OpenAI has announced a new browser powered by AI, giving a glimpse into how people will navigate the web and shop online using AI agents in the future. On Tuesday, the company behind ChatGPT revealed Atlas, an AI-powered browser built around the chatbot, which is available only on macOS for now and for paying users….
Key Takeaways BlackRock purchased $211 million worth of Bitcoin on behalf of its clients, highlighting continued institutional demand for crypto assets. With over 800,000 BTC under management via its spot Bitcoin ETF, BlackRock commands significant influence in the crypto ETF market. Share this article BlackRock, the world’s largest asset manager, acquired $211 million worth of…
Tokenized gold tokens XAUt and PAXG prices fell more than 6% each over the past 24 hours as the price of gold slumped to its biggest intraday dip. Summary Tether Gold and PAX Gold fell 6% each as tokenized gold tokens slumped alongside Gold. Spot gold fell to $4,122 an ounce, with the precious metal…
“Ethereum Elite” is under fire because of concentrated control, perceived underpayment of top contributors, and governance issues highlighted by a core dev’s revelations. Ethereum co-founder Vitalik Buterin stepped in following public remarks from Polygon co-founder Sandeep Nailwal, as he attempted to provide an acknowledgment of both the project and its leadership. Nailwal expressed frustration…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin jumped about 4% in the past 24 hours, trading near $110,000. Short-term players are watching a break above $112,200 for signs of renewed strength, while long-term holders still sit largely in profit. Reports have disclosed that easing US–China tensions may help…
US dollar-pegged stablecoin Tether hit its 500 millionth user on Tuesday, according to its CEO Paolo Ardoino, offering a means to transact and save for those who have been excluded by the traditional banking system. “Likely the biggest financial inclusion achievement in history,” Ardoino wrote in a post on X. Source: Paolo Ardoino Tether said…
