Fitch Ratings reports that Malaysia has emerged as one of the most open Islamic markets for cryptocurrencies, with regulated trading volumes surpassing $4 billion. This development stems from clear regulations and Sharia-compliant classifications that support various digital assets. As stated by CryptoTwitter commentator @WuBlockchain, this trend highlights Malaysia’s growing importance in the global crypto landscape.
Blue Macellari, Head of Digital Asset Strategy at TRowe Price, emphasizes Solana’s potential for capital movement. He highlights its high throughput and cost-efficient processing, essential for on-chain finance. This insight comes amid growing interest in Solana’s ability to handle significant capital flows, suggesting that it could play a crucial role in the evolving digital asset
Polymarket has moved its primary blockchain indexing infrastructure in-house, cutting the time needed to surface some onchain events by as much as 14 blocks, or roughly 28 seconds. Polymarket Vice President of Engineering Josh Stevens said the prediction market platform built the new system internally using rindexer, an open-source indexing tool written in Rust. The
Yesterday morning, the head of the US Treasury proudly reported in front of Congress that the government had just run two of its best bond auctions in decades. By 1pm, the Treasury conducted its worst 20-year bond auction in history. On Tuesday, the US government had to pay a record-breaking 5.42% interest yield-to-maturity to sell
OranjeBTC’s DIGY11 product page on Sept. 15 marked the exchange-traded fund as “now on B3” and displayed a value of R$10.04 per unit. Its updated status signaled that Brazilian investors could access a fund tied to Bitcoin-treasury companies without buying Bitcoin itself. DIGY11 is not a spot Bitcoin ETF and does not seek to match
Bitcoin BTC$75.917,53 traders aren’t exactly panicking about Wednesday’s expected Federal Reserve rate hike, but they aren’t taking many chances either. Markets are pricing a 92.5% chance the Fed raises rates for the first time in three years after strong employment data and stubborn inflation. Bitcoin has spent the past 24 days stuck between roughly $76,000
Deutsche Bank’s (DB) digital asset custody service is set to go live by the end of the year. Germany’s largest bank said the service, subject to the completion of applicable regulatory checks, will give European institutional and corporate clients regulated custody of digital assets. The service will support a select range of cryptocurrencies at debut,
Grayscale’s new bitcoin-excluding model portfolio for financial advisors gives a target weight of 26.11% to its $XRP fund. This makes the token the second-largest holding behind Ether and puts $XRP in the top three across the firm’s two flagship strategies. Every strategy caps a single asset at 40% Grayscale Investments announced the launch of its