The spot bitcoin ETFs saw sizable inflows in the first quarter despite the lame price action and at least one analyst sees the next three months as even bigger even if the prices don’t recover. “Even if current market conditions persist in the second …
The crypto industry’s primary political action committee, Fairshake, flooded support to Republican candidates in the U.S. House of Representatives special elections this week in Florida that aimed to fill vacant seats in Congress. Both candidates won …
Fidelity Investments rolled out a retirement plan that invests directly in crypto on Thursday, giving investors another method for tapping this asset class. The brokerage firm offers bitcoin (BTC), ethereum (ETH) and Litecoin (LTC) to any U.S …
Ripple, an enterprise-focused blockchain service closely tied to the XRP Ledger (XRP), said on Wednesday it has integrated its stablecoin to the company’s cross-border payments system to boost adoption for Ripple USD (RLUSD). Select Ripple Payments …
South Korea’s 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the “Hangang Project” pilot of the CBDC. Customers with …
Crypto trading firm Backpack, which bought the European arm of bankrupt exchange FTX, has begun the process for customers to claim their funds. Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first …
Justin Sun bailed out Techteryx’s TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuersaid in Hong Kong court documents. An excerpt of the writ …
Sumitomo Mitsui Financial Group (SMBC), one of Japan’s largest banking groups, is the latest financial giant to delve into stablecoins as the market for the $230 billion asset class is soaring with regulations being laid down globally. The banking …
Bitfarms (BITF) announced an initial agreement for a private debt facility of up to $300 million with Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Küresel Markets. The funding will support Bitfarms’ initial …
Crypto asset manager Grayscale has listed two new exchange-traded funds (ETFs) that offer investors a differentiated source of income through bitcoin’s (BTC) characteristic volatility. The two New York Stock Exchange-listed funds will start trading …
