Bitcoin investors should focus on long-term growth rather than expecting immediate wealth or overnight gains. Despite recent underperformance versus gold and the S&P 500, Bitcoin remains the top-performing asset against currency debasement. Long-term holders are “laughing” at short-term volatility, with historical returns averaging 82.4% annually over the past decade. BitMEXContinue Reading
US Bitcoin ETFs recorded US$2.2 billion in net inflows last week after strong performance from Fidelity and BlackRock, reversing previous negative flows. The combined US funds now hold 1.31 million BTC worth US$152.7 billion, representing 6.24% of total Bitcoin supply and highlighting ETFs’ growing importance. Ethereum ETFs attracted US$734.3 millionContinue Reading
Former White House adviser Bo Hines leads USAT, signalling serious intent for US growth. USAT merges tokenisation with strict regulatory oversight, aiming to reshape the landscape of US finance. Despite USDT dominance, USAT directly targets Circle’s USDC as the regulated US stablecoin option. Tether has unveiled USAT, a dollar-backed stablecoinContinue Reading
A Canadian man has been found guilty of scamming approximately 200 victims out of CAD$1 million while on bail for an earlier crypto heist which netted him CAD$48 million. In 2020 the man had performed a SIM swap attack to gain access to the crypto accounts of Josh Jones, theContinue Reading
The Ethereum Foundation has rebranded its “Privacy & Scaling Explorations” program to “Privacy Stewards of Ethereum” (PSE) and released a new roadmap to embed end-to-end privacy into the Ethereum ecosystem. The roadmap is organised around three key areas: private writes, private reads, and private proving. The Foundation’s vision is toContinue Reading
Prediction market Polymarket is reportedly preparing for a US launch with a new funding round that could value the company at up to US$10 billion, a significant jump from its US$1 billion valuation just three months ago. The company is in a heated rivalry with competitor Kalshi, which is alsoContinue Reading
Shares of the crypto exchange Gemini rose 32.2% in their Nasdaq debut, reaching a valuation of US$4.4 billion after the company raised US$425 million by selling shares at a price of US$28. The company’s IPO was 20 times oversubscribed, marking a significant turnaround for the exchange following years of regulatoryContinue Reading
Chainlink, UBS, and DigiFT are piloting an automated tokenised fund system in Hong Kong under the Cyberport programme. The platform automates fund operations with smart contracts, following CMTA Token standards and Hong Kong regulations. Executives emphasise transparency and efficiency, aiming to grow tokenised products globally. Chainlink, UBS Asset Management, andContinue Reading
According to a Bloomberg report, BlackRock is exploring plans to tokenise its exchange-traded funds (ETFs) on blockchain networks, a move that would allow them to trade 24/7 and be used as collateral in decentralised finance (DeFi). The firm, which already operates the world’s largest tokenised money market fund, BUIDL, isContinue Reading
Major cryptocurrencies gained strongly over the past week, with Bitcoin up 3%, Ethereum 4%, XRP 8% and Solana surging 14% amid growing institutional adoption. US Bitcoin ETFs attracted US$1.3 billion in net inflows this week after previous outflows, with BlackRock’s fund now holding 3.59% of all Bitcoin supply. The FederalContinue Reading
