Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital
Harvard University’s investment arm has invested $120 million in BlackRock’s iShares Bitcoin Trust ETF (IBIT). Harvard owns 1.9 million shares of the fund, according to a 13F filing with the U.S. Securities and Exchange Commission (SEC). Harvard’s portfolio also includes shares of tech giants like Microsoft, Amazon, Alphabet, Meta, Nvidia, as well as large companies
Whale Alert recently flagged a significant development in the crypto world: a staggering 250 million USDC minted at the USDC Treasury. This isn’t just a large number; it’s a noteworthy event that provides crucial insights into the evolving stablecoin landscape. Understanding this substantial stablecoin minting helps us gauge shifts in liquidity and anticipate potential crypto
During a Friday appearance on Bloomberg, Michael Saylor, executive chairman at Strategy, opined that the tariffs on Swiss gold bars will accelerate migration to Bitcoin. He has stressed that the big appeal of Bitcoin is that it is not physical, quipping that there are “no tariffs in cyberspace.” “It doesn’t have weight. You can settle
Exodus will partner with Superstate to tokenize its own shares, first available on Solana. Summary Exodus will issue tokenized assets to represent its own Class A shares. The firm will leverage Superstate’s stock token issuance platform, Open Bell Tokenized stocks will first launch on Solana, with plans to expand to other networks Tokenization is a
Bitcoin price could keep rising as institutional interest hits new highs in 2025, with demand continuing to outpace the amount of new BTC entering circulation. Andre Dragosch, Head of Research for Bitwise Europe, shared fresh data showing how this growing imbalance could lead to long-term price growth. The chart he released highlights just how much
Are you keeping an eye on your cryptocurrency transaction costs? Recent data reveals a significant shift in the world of digital finance. Specifically, Bitcoin fees have seen a notable decline, dropping by more than 22% this past week. This reduction reflects a broader trend of reduced on-chain activity across the network, largely influenced by slower
Crypto quant firm Algoz has reached $100 million in assets under management from 50 professional clients. Summary Quant firm Algoz reached $100 million in assets under management in H1 The firm currently serves 50 professional clients with specialized accounts Algoz offers custodial solutions and an off-exchange settlement system Crypto is showing growing signs of institutional