Institutional investors are no longer only betting on the ‘number go up’ strategy for crypto anymore, they are shifting to hunt for fixed sources of income from large digital assets. Many institutions already have bitcoin BTC$70,389.70 and ether (ETH) on their balance sheets. While holding these assets for the long-term price appreciation, investors are increasingly […]
A down day in crypto narrowed slightly in the minutes since US stocks closed the session. According to Israel’s Channel 12, a one-month ceasefire may soon be announced as part of a package negotiated by White House envoys Steve Witkoff and Jared Kushner. Other terms of the deal reportedly include a dismantling of Iran’s existing
BTC Claims Back $70,000 on Iran Ceasefire Report Read More »
Robinhood’s ( HOOD ) board has approved a new $1.5 billion stock buyback program, according to an 8-K filing with the US Securities and Exchange Commission. It adds more than $1.1 billion to existing buyback capacity. The company said it expects to complete the plan over about three years from the first quarter of 2026,
Robinhood (HOOD) Raises Buyback Program to $1.5B Read More »
BlackRock’s head of digital assets, Robbie Mitchnick, signaled a shift in how major investors view crypto, pointing to artificial intelligence (AI) as a more meaningful driver than the expansion of new tokens. In terms of client behavior, Mitchnick described a market that has moved away from broad exposure to smaller assets. He said turnover among
BlackRock marks AI as crypto’s next big use case, not token boom Read More »
NEW YORK – BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial institutions, arguing that banks are positioned to connect digital assets to the broader financial system. “We can act as a very effective bridge between the traditional economy and the digital financial ecosystems,” Vince said during
BNY Mellon CEO says the future of crypto runs through big banks Read More »
Bitcoin BTC$69,525.04 fell back towards $69,000 on Tuesday morning as a broader decline in equities spilled over into crypto markets. After trading near $71,000 earlier in the session, BTC fell to around $69,600 in the early US hours, tracking a broader reversal in risk assets. Ether (ETH), Solana (SOL) and XRP (XRP) also fell 2%-3%
BTC abandons $70,000 level as markets consider higher interest rates Read More »
Crypto has become mainstream as a financial asset class and TradFi institutions now feel obliged to dip their toes into the space, if only to show their existing clients that they are not afraid to deal with innovative technologies. The problem for some of them is that staking – one of crypto’s most basic primitives
Why cautious TradFi firms love staked ether Read More »
Stablecoin issuer Circle’s ( CRCL ) shares fell on Tuesday after a draft of US stablecoin legislation raised concerns about limits on returns. The USDC issuer’s stock fell as much as 18% in the early US session, capping a week-long rally that saw gains of more than 100%. Meanwhile, crypto platform Coinbase (COIN), which shares
Circle, Coinbase tumbles as regulators move to ban interest on stablecoins Read More »
NEW YORK – Amy Oldenburg, the head of digital asset strategy at Morgan Stanley (MS), dismissed the idea that Wall Street is only now embracing crypto because of fear of missing out, arguing that big banks are acting after years of preparation. “TradFi is getting FOMO and now getting involved … it’s really not accurate,”
Morgan Stanley’s Amy Oldenburg says Wall Street’s crypto push isn’t about FOMO Read More »
Cryptofinance is only now beginning to provide an environment that matches traditional finance: ways to earn steadier, more predictable returns — similar to bonds or savings products, according to Aave Labs founder Stani Kulechov and Athena CEO Guy Young. “Most fixed income is like the distribution of risk in different formats … basically just slicing
Aave, Athena leaders outline push to build onchain interest markets in DeFi Read More »
