IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia,...
Finance
Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded...
Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024....
Crypto Sector Secures $317M in Venture Capital Deals in Early June
With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto...
Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued
The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance...
US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting
U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading...
Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round
Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the...
US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million
U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the...
Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet
Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse,...
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3...
Roaring Kitty Livestream Draws 700,000 Viewers Despite Gamestop’s Plunge
On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes...
Blackrock’s IBIT Leads as US Spot Bitcoin ETFs Enjoy 19th Day of Inflows
U.S. spot bitcoin exchange-traded funds (ETFs) marked their 19th straight day of inflows on Friday, gathering $130.99 million. Blackrock’s IBIT...
ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000
Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all...
Report: Kraken Considers IPO Amid Renewed Investor Interest
Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering...
New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel
Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the...
Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’
A new report has found that half of Germans who participated in a survey study can “imagine using a digital...
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing...
Blackrock Advances Spot Ether ETF With SEC Amendment, Analyst Eyes June Launch
The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be...
Grayscale’s GBTC and Vaneck’s HODL Report Outflows as US Bitcoin ETFs Gain $50M
On Friday, U.S. spot bitcoin exchange-traded funds experienced their 14th consecutive day of inflows, totaling around $50 million. Leading the...
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This...
Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered...
Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier...
