The cryptocurrency asset manager Hashdex is preparing to liquidate its spot bitcoin exchange-traded fund, marking a potentially significant event within the U.S. market for such
Category: Markets
Intesa Sanpaolo Significantly Reduces Bitcoin and Ether Exposure
Italy’s second-largest bank trimmed its holdings in cryptocurrency assets during the second quarter, reflecting broader market sentiment. Intesa Sanpaolo reduced its investment in Bitcoin and
LBank Partners with Pudgy Penguins to Expand Beyond Trading
A strategic alliance between LBank and Pudgy Penguins is underway, reflecting a wider shift within the cryptocurrency exchange sector. The collaboration aims to integrate crypto
Bitcoin Holds Above $64,000 as SpaceX Lockup Expires
SpaceX’s unlocking of significant Bitcoin holdings coincided with a period of relative stability for the cryptocurrency market. Trading volumes were elevated following the expiry of
Wrapped Bitcoin Shifts to Chainlink Interoperability Protocol
BitGo is transitioning Wrapped Bitcoin (WBTC) to the Chainlink Cross-Chain Interoperability Protocol (CCIP) standard following a $292 million exploit on the KelpDAO bridge. This marks
$TRUMP Coin Price Declines After Mar-a-Lago Event
Price of the $TRUMP coin has fallen significantly following a series of dinners featuring President Donald Trump as keynote speaker at Mar-a-Lago. The cryptocurrency peaked
Spot Bitcoin ETFs Attract $382 Million as Custody Concerns Rise
US-listed spot Bitcoin exchange-traded funds experienced a surge in capital inflows totalling $382 million over two days, following reports concerning the recent Coldcard hack. The
BlackRock Launches First European Tokenized Share Classes
The world’s largest asset manager, BlackRock, has taken a significant step into the digital asset space with the launch of its first tokenized access to
Bitcoin and Ethereum ETFs See Mixed Performance in July, with ETH Outpacing BTC
Bitcoin and Ethereum ETFs showed divergent trends in July, with Ethereum funds attracting significantly more capital and recording their strongest monthly performance in a year.
CME Challenges SEC Approval of Nasdaq’s Bitcoin Index Options
CME Group has challenged the Securities and Exchange Commission’s conditional approval of Nasdaq’s proposal for bitcoin index options, arguing the contracts fall under the Commodity Futures Trading Commission’s jurisdiction, with the SEC postponing the approval pending a full review.
