News list for " Asset"
On January 24, Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, posted on social media: "As we learn of the severity and injustice of Chokepoint 2.0, I will work closely with FDIC Vice Chairperson Travis Hill to end this attack on digital assets."
MicroStrategy faces tax issues over its $47 billion bitcoin holdings, which include $18 billion in unrealized gains, and could generate a tax bill of up to billions of dollars next year.
The 119th U.S. Senate Subcommittee on Banking Digital Assets will focus on the following two areas: 1. Promote bipartisan digital asset legislation that promotes responsible innovation and protects consumers, including market structure, stablecoins, and strategic bitcoin reserves. Stringent oversight of federal financial regulators to ensure that they are acting in accordance with the law and that incidents like "Operation Chokepoint 2.0" do not happen again.
Geoff Kendrick, global head of digital asset research at Standard Chartered, said inflows from institutional investors could drive up the price of bitcoin and ethereum, which are expected to reach $200,000 and $10,000, respectively, by the end of 2025. He expects institutional inflows into bitcoin in 2025 to exceed 2024 levels, with new money likely to come from long-term investment funds such as pension funds. At the same time, he pointed out that institutional inflows could dampen the strength...
Fasanara Capital, a UK-based asset manager, has announced the launch of FAST, a tokenized money market fund based on the Polygon blockchain. The fund will focus on the crypto industry and target stablecoin issuers, DeFi repositories, and crypto funds. Fasanara plans to offer a 4.7% return and the fund portfolio will include Treasury bonds, long-term Treasury bonds, other money market funds and commercial paper.
Matthew Sigel, head of digital asset research at VanEck, retweeted the "Second Foundation" tweet on the X platform, with the caption saying that the Ethereum Foundation is not the only entity that can write the future of Ethereum.
It is time for two asset managers to test how "friendly" the new SEC leadership is to the crypto community as they seek to launch ETFs linked to the Trump meme.
On January 22nd, news broke that European digital asset platform Bitpanda will launch the Web3 suite, aiming to make Web3 technology accessible to a wider audience (from seasoned crypto enthusiasts to newbies). The Bitpanda Web3 ecosystem is supported by the Pantos protocol, which supports multi-chain interoperability, as well as the Bitpanda Ecosystem Token (BEST). Bitpanda's Web3 initiative will contain two key components: an uncustodial smart wallet and a Launchpad, with the wallet launching ...
Singapore-based digital asset exchange Crypto.com has launched institutional-grade trading services under its new US-based platform Crypto.com Exchange. According to the announcement, Crypto.com Exchange offers users more than 300 cryptocurrencies and 480 trading pairs to complement its existing retail Crypto.com app for US customers. The Block's data dashboard shows that Crypto.com is the second-largest digital asset exchange after Binance in terms of monthly spot trading volume. As of press ti...
The market had expected an executive order to support the digital asset sector, but it did not appear in a series of actions on Trump's first day in office, instead focusing on topics such as immigration, trade, energy and TikTok. TD Cowen analyst Jaret Seiberg said that the crypto market has been expecting a relevant order, but Trump may sign an executive order related to cryptocurrency that is not substantive. Richard Galvin, co-founder of hedge fund DACM, believes that...
The market had expected an executive order to support the digital asset sector, but it did not appear in a series of actions on Trump's first day in office, instead focusing on topics such as immigration, trade, energy and TikTok. TD Cowen analyst Jaret Seiberg said that the crypto market has been expecting a relevant order, but Trump may sign an executive order related to cryptocurrency that is not substantive. Richard Galvin, co-founder of hedge fund DACM, believes that in light of Trump's...
Swedish compliance crypto asset manager Virtune has announced that Finland's first cryptocurrency ETPs have been listed on Nasdaq Helsinki, with a total of five euro-denominated ETPs, all of which are 100% physically backed and fully collateralized: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.
Swedish-regulated crypto asset manager Virtune has announced that Finland's first crypto exchange-traded products (ETPs) have been listed on Nasdaq Helsinki, with a total of five euro-denominated ETPs currently approved to start trading: Virtune Bitcoin ETP, Virtune XRP ETP, Virtune Staked Solana ETP, Virtune Staked Ethereum ETP, and Virtune Crypto Altcoin Index ETP.
According to the latest report of asset management firm CoinShares, driven by the "expectation of Trump's inauguration" and the positive trend of cryptocurrency prices, global crypto funds managed by BlackRock, Bitwise, Fidelity, grey release and other institutions recorded a net inflow of $2.20 billion last week, the largest weekly inflow this year. This pushed the crypto fund asset management (AUM) to a record high of $171 billion.
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