US investment banking giant Morgan Stanley has reported a rise in crypto fund positions in the second quarter, with notable increases in holdings of BlackRock’s
Tag: Market
JPMorgan Reports Increased Bitcoin and Ether ETF Positions
JPMorgan reported a 25% increase in its position in BlackRock’s Bitcoin exchange-traded fund (ETF) and more than quadrupled its position in the iShares Ethereum Trust
Bank Leumi to Offer Cryptocurrency Trading in Early 2027
Israel’s Bank Leumi is set to launch a cryptocurrency trading service through its investment app, allowing customers to trade Bitcoin (BTC), Ether (ETH), and Solana
Bitcoin BTC fell below $63,000, dropping 1.14% since midnight UTC, as spot exchange-traded funds (ETFs) continued to see outflows and the crypto market lacked key bullish catalysts. Bitcoin ETFs experienced their second consecutive day of outflows with a total of $192 million exiting products, according to data from SoSoValue.
The drop comes on the heels of U.S. producer price inflation data easing to 4.7%, below expectations. This led to increased gains in equities and
RedotPay’s US IPO Delayed as It Seeks Regulatory Approvals
The initial public offering (IPO) of stablecoin payment company RedotPay in the United States has been postponed, according to reports. The move comes amid regulatory
US and UK Regulators Highlight GENIUS Act Implementation at Financial Regulatory Meeting
The United States and the United Kingdom reaffirmed their commitment to financial regulatory cooperation during a recent meeting of their Financial Regulatory Working Group (FRWG),
HASHKEY EXCHANGE RECEIVES JPMORGAN APPROVAL FOR CLIENT MONEY ACCOUNTS
The cryptocurrency exchange HashKey Exchange has secured approval from JPMorgan Chase to establish a client money account, thereby enhancing its ability to support clients who
SEC Cancels Proposed “Regulation Crypto” Meeting
The U.S. Securities and Exchange Commission (SEC) announced its decision to cancel a planned Friday meeting intended for proposing “Regulation Crypto,” a significant regulatory proposal
Bitcoin Stays Range-Bound Below $64,000 Amid Soft Inflation Data
On Thursday, Bitcoin maintained a narrow range around the $64,000 mark despite weak inflation readings from July’s Consumer Price Index (CPI). The Producer Price Index
MUFG Plans Blockchain Initiative for Faster JGB Settlement
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) plans to introduce blockchain technology to expedite Japanese government bond transactions, mirroring recent efforts by other financial
