In a recent tweet, president of Solana Institute and former CEO of Blockchain Association, Kristin Smith, highlights a new trend driving growth in the crypto market: DAT or Digital Asset Treasury. In light of growing adoption for cryptocurrencies, DATs have emerged, which are companies making digital assets a core balance-sheet strategy, actively deploying tokens (staking,
Crypto markets have been somewhat muted as the U.S. Treasury drained liquidity from the system. But as it approaches completing its Treasury General Account (TGA) refill, something the former BitMEX CEO, Arthur Hayes, called a “liquidity drain,” the “up only” trajectory can get back on track. The TGA is basically the government’s checking account at
Japan’s financial markets are sending out a warning siren, not just for Tokyo, but for the rest of the world. The Bank of Japan (BOJ), once famous for almost endless money printing, is taking the first steps toward unwinding its massive interventions. In short, Japan’s debt dilemma is coming to a head. This week, the
Issuers of crypto funds have grown increasingly creative in their proposals over the past few months as they seek to meet investors growing appetite for these products. But an “AltAlt Season” exchange-traded fund? That’s new territory. Tidal Financial Group’s Quantify 2X Daily AltAlt Season Crypto ETF, one of three funds included in an application to
Crypto custodian BitGo has filed its first public S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), planning to list Class A common stock on the New York Stock Exchange under the ticker BTGO. The filing provides a rare look at the company’s business scale. BitGo generated $4.19 billion in revenue in the
The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable long-term, but “with an important caveat.” Those that lack risk frameworks, diversify poorly or treat digital assets like speculative bets tend to collapse
Vancouver mayor Ken Sim has launched a fund dedicated to supporting the mental health of firefighters. According to new revelations, the fund, which the Vancouver Firefighter Charities administer, is set to accept both cash donations and digital assets, particularly Bitcoin. In the statement released by the Mayor’s office, the development comes from figures released by
In a significant development for the digital asset world, Anchorage Digital, a leading crypto custody and banking firm, has officially applied for a Federal Reserve master account. This move, recently highlighted by Eleanor Terrett of Crypto in America, marks a pivotal moment, potentially reshaping how cryptocurrency firms interact with the traditional U.S. financial system. For
Changpeng Zhao, the former chief executive officer of cryptocurrency exchange Binance, recently made a pessimistic observation about France, claiming that the European Union’s second-largest economy has gone “downhill” over the last several years. Zhao has pointed to a wave of cryptocurrency kidnappings that have occurred in France over the past several years, as well as
Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday,