News BTS
US spot Bitcoin exchange-traded funds (ETFs) saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 billion or more by the end of the year, according to Bitwise CIO Matt Hougan. In a recent…
Thailand’s Securities and Exchange Commission (SEC) is set to introduce a blockchain-based trading platform that will allow securities firms to trade digital tokens, marking a significant step in the country’s digital finance evolution. The move aims to modernize capital markets and…
India is reviewing its crypto policy as other countries including the US, shift attitudes towards the asset class. The government is reportedly reassessing a discussion paper on cryptocurrencies, which was due for release in September 2024, Reuters reports. According to India’s…
Donald Trump announced new tariffs on imports from Canada, Mexico and China over the weekend, prompting crypto investors to cut risk. Consequently, Ether—the world’s second-largest digital asset—plunged by as much as 26.53% to $2,135 on Monday. Notably, this marked its steepest…
The Russian Far East could become the nation’s newest crypto mining hub, with new and idle power centers ordered to start powering Bitcoin mining rigs. Yuri Trutnev, Russia’s Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District (FEFD),…
The Japanese Finance Minster Katsunobu Kato has promised Tokyo will review the nation’s controversial and much-maligned crypto tax laws by the end of June this year. Per the House of Representatives’ official website and a report from the Japanese-language media outlet…
Switzerland’s largest bank, UBS, is taking a major step in integrating blockchain technology into traditional finance by experimenting with digital gold investments for retail investors. With over $5.7 trillion in assets under management, UBS has successfully completed a proof-of-concept for its…
Crypto exchange Coinbase has acquired Spindl, an onchain advertising and infrastructure platform, in a move aimed at enhancing the visibility of projects built on its Ethereum layer-2 network, Base. The acquisition is part of Coinbase’s broader effort to improve onchain discovery…
Asset management firm 21Shares has officially filed with the U.S. Securities and Exchange Commission (SEC) to introduce a spot Polkadot exchange-traded fund (ETF). According to the Jan. 31 SEC filing, the proposed 21Shares Polkadot Trust would be listed on the Cboe…
Grayscale Investments has launched a new Dogecoin investment fund, giving institutional investors exposure to the popular meme coin. The Grayscale Dogecoin Trust, announced on January 31, will provide a regulated avenue for investors to gain access to DOGE, the leading memecoin…
MicroStrategy announced on Friday that it had increased its special preferred stock offering from $250 million to $584 million by planning to issue 7.3 million shares of 8.00% Series A Perpetual Strike Preferred Stock at $80 per share, a measure designed…
The European Central Bank (ECB) lowered its deposit rate by 25 basis points to 2.75% on Thursday, a move widely expected by markets. At the same time, ECB President Christine Lagarde firmly rejected speculation that Bitcoin could be added to the…