Bitcoin

Trump Media Teams Up with Crypto.com for New ETPs In an exciting development, Trump Media, the company associated with former President Donald Trump, is set to partner with the leading crypto exchange Crypto.com to launch five innovative exchange-traded products (ETPs) that will include a variety of crypto assets and securities. This collaboration aims to harness…

Massachusetts Investigates Robinhood’s Prediction Markets Massachusetts’ top securities regulator is investigating Robinhood’s new in-app prediction markets hub, allowing users to wager on event outcomes, including college sports. Details of the Investigation Subpoena issued by Secretary of State Bill Galvin Request for user data on college sports event contracts Deadline for Robinhood’s response is April 3…

DigiFT Launches Revolutionary Tokenized Index Fund In a groundbreaking move for cryptocurrency investment, Singapore-regulated exchange DigiFT has announced the launch of the first on-chain index fund, featuring tokenized shares of major companies like Apple and Tesla. This initiative aims to transform traditional portfolio management through blockchain technology, enhancing accessibility and efficiency for investors. Background and…

Bitcoin ATM Market Struggles Despite Price Surge Bitcoin Depot, a leading player in the bitcoin ATM sector, has reported a significant revenue drop, from $150 million in Q4 2022 to $137 million in Q4 2024, largely attributed to regulatory hurdles in California. As the firm navigates these Bitcoin ATM business challenges, CEO Brandon Mintz emphasizes…

Crypto ETFs Gain Ground Among U.S. Financial Advisors At the recent Exchange conference in Las Vegas, industry experts revealed that 57% of U.S. financial advisors are planning to increase their allocations to crypto ETFs, highlighting a significant shift in the perception of crypto within the financial advisory community. Background and Context The recent surge in…

China’s CPIC Launches $100M Tokenized Fund Amid RWA Boom China Pacific Insurance (CPIC) Investment Management has introduced a tokenized U.S. dollar money market fund, marking a significant step in the asset tokenization trend sweeping across Asia. Launched on the HashKey Chain, the fund secured $100 million in subscriptions on its first day, aimed at institutional…

Bitcoin’s Role as a Tech Stock Investment Explored A new report from Standard Chartered suggests that Bitcoin should be viewed not just as a digital asset but as a compelling tech stock investment. The analysis indicates that replacing Tesla with Bitcoin in the Magnificent 7 portfolio could lead to better risk-adjusted returns. Understanding the Shift:…

S&P 500’s 200-Day Moving Average Boosts Bitcoin Outlook The S&P 500’s recent surge past the 200-day moving average signals a potential end to stock market corrections, potentially benefiting Bitcoin (BTC), which has also surpassed its significant resistance level. With BTC climbing above $88,000 after breaking through its own 200 DMA of $85,046 over the weekend,…

Abu Dhabi’s ADGM Partners with Chainlink on Tokenization Abu Dhabi Global Market (ADGM) is making strides in innovation by partnering with Chainlink to develop compliant tokenization frameworks in the UAE, enhancing the region’s blockchain capabilities. Overview of the Collaboration The Memorandum of Understanding (MoU) focuses on creating regulatory discussions and education regarding blockchain, artificial intelligence,…

Garantex Cryptocurrency Exchange Rebrands as Grinex In a surprising twist, the recently shuttered Garantex cryptocurrency exchange has reemerged as Grinex, less than two weeks after international authorities shut it down. New findings from Global Ledger suggest that Grinex is a direct successor to Garantex, raising concerns about the challenges of enforcing sanctions in the crypto…