Concerns are mounting over the sustainability of corporate crypto-treasury firms as BlackRock moves forward with a staked Ether fund that analysts say could compete directly with existing digital-asset treasuries. BitMine Immersion Technologies, the world’s largest corporate Ether (ETH) holder, is currently down $1,000 per purchased ETH, implying a cumulative unrealized loss of $3.7 billion on…
The Abu Dhabi Investment Council (ADIC) nearly tripled its exposure to Bitcoin during the third quarter through BlackRock’s spot Bitcoin fund, according to a recent report. Several market participants saw it as a signal that institutional interest in crypto is still gaining momentum in the United Arab Emirates. ADIC, an investment arm of Mubala Investment…
The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at…
Strategy executive chairman Michael Saylor has shrugged off concerns that Wall Street’s entry into Bitcoin affected its price action and volatility. “I think we are getting a lot less volatility,” Saylor said when asked the question during an interview with Fox Business on Tuesday. It comes as Bitcoin (BTC) has fallen nearly 12% over the…
Key takeaways: Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target. BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end. Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize…
Grab, Southeast Asia’s largest super-app, is taking a deeper step into stablecoin infrastructure with a new exploratory agreement with StraitsX, a Singapore-based stablecoin issuer. The two companies announced on Tuesday that they had signed a memorandum of understanding (MOU) to develop a Web3-enabled settlement layer that brings digital asset wallets, programmable payments and stablecoin-based clearing…
Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitions in recent months. The move could see LevelField become the first Federal Deposit Insurance Corporation-insured chartered bank to offer certain crypto-integrated banking services across all US states and territories,…
European Union efforts to mandate scanning of private messages have been blocked again, marking another setback for the bloc’s proposed Chat Control legislation, and another win for digital rights activists. German digital rights activist and Pirate Party Germany politician Patrick Breyer wrote in a Nov. 15 X post that a backdoor, which he said mandated…
Harvard University boosted its investment in BlackRock’s Bitcoin exchange-traded fund (ETF) by over 250% in the third quarter after the Ivy League school first bought into the fund earlier this year. Harvard Management Company, the business that manages the university’s $57 billion endowment fund, reported in a regulatory filing on Friday that it held over…
Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. The plan would introduce mandatory disclosures for 105 cryptocurrencies listed on domestic exchanges, including Bitcoin (BTC) and Ether (ETH), and bring them under insider trading…
