Business – Page 464

VanEck’s new Avalanche ETF application includes stake rewards for AVAX investors

VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include stake rewards and generate income for investors. In an amended S-1 filed with the US Securities and Exchange Commission, the firm revealed that the fund can stake up to 70% of its AVAX holdings to generate returns, with Coinbase Crypto Services listed […]

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Hilbert Group buys Enigma Nordic in $32 million deal to boost crypto trading edge

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Hilbert Group (HILB), a Swedish investment firm specializing in algorithmic trading within the cryptocurrency market, has acquired high-frequency trading platform Enigma Nordic in a $32 million deal. The move gives Hilbert access to Enigma’s proprietary trading system, which executes market-neutral strategies across global cryptocurrency exchanges, the companies said in a press release. Enigma said it

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Victim Offers $1M Bounty, Legal Threat After $50M Crypto Theft

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A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The theft, discovered by Web3 security firm Web3 Antivirus, happened after the user sent a $50 test transaction to confirm the destination address before transferring the rest of the funds. Loading… Within minutes, a fraudster

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Bitcoin’s quantum debate is resurfacing and markets are starting to take notice

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Quantum computing and the threat it poses to encrypted blockchains have once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against

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Brazil’s Generation Z Drives Crypto Boom As Stable Coins, Income Tokens Rise

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In Brazil, cryptocurrency adoption is not being led by traders betting big on volatile tokens. It is being shaped by younger, more cautious investors who often use stablecoins and tokenized bonds as a way to protect their wealth. According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk via a report titled

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Bitcoin’s (BTC) four-year cycle is working as expected

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It has become fashionable lately to reject bitcoins BTC$88,182.70 the four-year cycle – and the inevitable boom and bust it entails – as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of rejecting the four-year cycle. Each noted the ETFs,

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IBIT posted $25 billion in inflows by 2025, even as returns turned negative

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Spot bitcoin ETF investors may have turned out to be anything but momentum chasers this year. While it’s no secret that BlackRock’s iShares Bitcoin Trust (IBIT) has been wildly successful since it opened in January 2024, data compiled by Bloomberg’s crack ETF analyst Eric Balchunas shows that success in a different light. So far in

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Consultations from the FCA signal new market rules ahead of 2027

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The UK’s long-promised crypto regulatory regime moved closer to reality this week as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in the UK. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to come into force in October 2027. For

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Bitcoin underperformed gold, but ETF holders remained resilient

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Looking back to 2025, the sound money, or debasement trade, was decisively won by the metals over bitcoin. Gold delivered one of its best years ever, up 65%, while bitcoin is down 7% so far. Until August, the two assets had similar returns, both up around 30%. From that point on, gold rose while bitcoin

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Bitcoin (BTC) price rises on Japan interest rate hike as futures traders pile in

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The crypto market’s rich vein of volatility extended into Friday morning with bitcoin BTC$88,303.49 rises from a low at 1:00 UTC at $85,200 to $88,000 over five hours after the Bank of Japan raised interest rates to the highest level in 30 years. The move marked the fourth time bitcoin has risen more than 2%

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