Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed to hold BTC and other digital assets on their balance sheets and offer crypto services to “sophisticated” investors, the equivalent
Digital asset investment management firm Digital Wealth Partners Management (DWP Management) has raised approximately $200 million in capital across its fund strategies since April. According to the company’s statement, all in-kind contributions made to date have been made with XRP. DWP Management argued that it offers investors income or long-term growth opportunities, while offering a
Commodity-backed cryptocurrencies, which are dominated by gold-backed tokens, have seen a historic surge in issuance this week, with minting volumes hitting their highest point in at least five years. The leap comes after gold futures traded above a $3,500 all-time high this week, after the Swiss Precious Metals Association warned that the U.S.’s 39% tariffs
Nasdaq-listed solar power company VivoPower International PLC saw its shares jump 32.12% to $5.10 on Friday after the company announced plans to purchase $100 million worth of privately held Ripple Labs shares, expanding its XRP-focused digital asset treasury strategy. The move, which follows two months of due diligence, will see VivoPower acquire Ripple shares directly
The Trade Desk (NASDAQ: TTD) shares suffered a brutal 38% plunge on Friday, closing at $54.23 in their steepest single-day drop on record. Year-to-date, the stock is now down 54%. The selloff erased massive market value, delivering a blow to top shareholder BlackRock, which holds 26.87 million shares, about 6.05% of the company, worth roughly
Back in May, Warren Buffett announced his plans to step down after serving as CEO of Berkshire Hathaway. With Greg Abel expected to take over, the rumors of the company getting more involved with Bitcoin have increased. Berkshire Hathaway is undoubtedly undergoing one major transition, Warren Buffett stepping down, while another potential shift may still
The cryptocurrency market has seen a decline in the creation of new digital currencies since the start of Donald Trump’s second term. As of August 7, 2025, the number of newly created cryptocurrencies stood at 47,397, a 34.5% drop from the 72,454 recorded on January 20, 2025, the day Trump was sworn in, according to
The legal battle between Ripple and the US Securities and Exchange Commission (SEC) that has been going on since 2020 has ended with the parties withdrawing their appeals. During the lawsuit, the SEC accused Ripple of selling unregistered securities by raising $1.3 billion through XRP sales. New York Judge Analisa Torres ruled that programmatic sales
A significant development has emerged from the intersection of social media and digital assets. Nasdaq-listed social media marketing company Thumzup Media Corporation (TZUP) recently announced a pivotal strategic move: a new share offering designed to fund ambitious Thumzup crypto investment initiatives. This announcement, detailed in a press release via PR Newswire, signals a growing trend
Crypto adoption is exploding as businesses go onchain to stay ahead, with the Coinbase CEO calling it a Netflix moment poised to redefine the future of global finance. Coinbase CEO Compares Crypto Adoption to Netflix’s Disruption of Blockbuster Coinbase chief executive officer Brian Armstrong stated on social media platform X on Aug. 7 that the