Gold and Bitcoin exchange-traded funds (ETFs) drew roughly $7 billion over five US trading sessions, a record combined haul that puts both assets at the center of a renewed investor push for protection against currency weakness and mounting fiscal pressure. About $3.4 billion of this capital went into SPDR Gold Shares (GLD) while BlackRock’s iShares
The Wall Street Journal reported that Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser, holds a 49% stake in the banking venture of World Liberty Financial ($WLFI), the crypto project associated with the Trump family. The report identifies Sheikh Tahnoon as a key backer and shareholder of the U.S. bank that $WLFI
BlackRock cut the minimum for converting privately held Bitcoin into IBIT shares from $25 million to $1 million, while Bitwise lowered its floor from $100 million to $3 million. While this might sound like a niche development for a small number of institutional users, it signals that custody is no longer just a slogan for
Virtu Financial, M1X Global and Tradeweb completed an onchain repo transaction using a sovereign digital bond as collateral, with the full transaction settling on the Canton Network. The transaction used USDM1, a US dollar-denominated sovereign bond issued onchain by the Republic of the Marshall Islands and backed 1:1 by short-term US Treasurys. The bond pays
Matt Cole, CEO of Strive Asset Management, has projected that Bitcoin could exceed $500,000 within the next four to five years. In a recent interview, Cole argued that the U.S. dollar’s purchasing power will decline more rapidly in the coming years than it has over the past decade and a half, a trend he believes
Mantle has accumulated about $880 million in stablecoins and tokenized assets as its onchain product range has expanded across equities, Treasuries, funds and yield-bearing assets. Mantle’s asset base approaches $880 million Blockworks Research data shows that Mantle’s stablecoin circulating supply has reached approximately $550 million, while tokenized assets on the network account for another $330
US President Donald Trump’s family-linked crypto ventures have left investors at least an estimated $4.7 billion underwater while generating about $1.4 billion for the president in 2025, according to Public Citizen. Trump crypto losses reached an estimated $4.7 billion Public Citizen estimated investor losses across five Trump-linked products, including the Official Trump memecoin, World Liberty
Bitcoin’s latest breakout may have started with a shift in U.S. Treasury-market liquidity, but analysts say its staying power will depend on whether ETF inflows and spot demand can replace the initial macro boost. Bitcoin surged roughly 22% during its breakout week as long-term Treasury yields fell and the dollar weakened following the U.S. Treasury’s
The market is now more than halfway through Q3, with prediction markets heating up. So far, it seems that August has gone against the broader market trends. From a technical perspective, $BTC this month climbed by more than 25%. The result? A short liquidation cascade with over $800 million squeezed on the 19th of August
Ripple has taken its first step into the US stock market by launching its new Delta One service within its institutional brokerage platform, Ripple Prime. According to Bloomberg, the new service allows institutional investors to conduct Total Return Swaps (TRS) transactions on US-listed stocks, stock indices, and digital assets. Ripple’s official statement indicated that the