A consortium of prominent figures in the cryptocurrency industry is supporting a new regulation-centric stablecoin known as the Global Dollar (USDG). This initiative seeks to provide returns on the yield…
Jack Dorsey's payment company Block plans to shift its focus towards developing equipment for bitcoin (BTC) miners and its self-custody cryptocurrency wallet. This strategic change is partly funded by scaling…
PayPal (PYPL) will let its business clients buy, hold and sell cryptocurrency directly from their accounts in the U.S., potentially opening up a larger market for the payments giant.
After letting…
Polymarket Seeks $50M in New Funding Amidst Surging Election Bets, Considers Launching Its Own Token
Riding high on U.S. election betting fever, the crypto-based prediction market platform Polymarket is looking to secure $50 million in new funding, according to an article reported by The Information…
Former U.S. President Donald Trump continued his overtures to the cryptocurrency industry Wednesday when he sent a Bitcoin transaction during a stop at PubKey, a crypto-themed bar in New York.
Trump…
Investment advisors including prominent figures like Goldman Sachs and Morgan Stanley were significant stakeholders in spot bitcoin ETFs at the close of the second quarter, with their crypto investments totaling…
The Chicago Board Options Exchange (Cboe) has officially asked the SEC to let asset managers VanEck and 21Shares bring a Solana-based exchange-traded fund (ETF) to the market.
The exchange submitted a…
Vanguard named the BlackRock executive who was responsible for the launch of its bitcoin exchange-traded fund as its new CEO on a Tuesday evening.
Salim Ramji parted ways with BlackRock in…
The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, experienced a noteworthy net inflow of new cash from contributors, as reported by Farside Investors. This is the first…
Grayscale, known for offering the most expensive spot bitcoin ETF, has announced its plan for a spinoff version of the fund. The new version will have a fee of 0.15%,…