US regulators are reportedly probing more than 200 firms with crypto treasuries over insider trading. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) raised concerns after observing unusually high trading volumes and sharp stock-price gains in the days before the companies’ announcements. A Regulatory Sweep Recent reports revealed that federal
An exchange-traded fund tracking trillion dollar assets, including tech and crypto-related companies and products, debuted on Tuesday, the latest ETF to give U.S. investors exposure to the fast-growing digital asset and AI space. Miami, Florida-based Defiance ETFs’ Defiance Trillion Dollar Club Index ETF, which trades as TRIL, tracks the performance of the BITA Trillion Dollar
President Donald Trump signed an executive order Tuesday directing the National Institutes of Health to spend $50 million developing AI systems to analyze data related to childhood cancer, in a move the administration said could “fundamentally transform” how young cancer patients are treated in the United States. “The treatments of the future will have the
As October begins, Bitcoin straddles two narratives. The seasonal optimism, the so-called Uptober, leans on historical performance and technical strength. On the other hand, concerns about hidden fragility and whale behavior have some warning that a reset is imminent. The next few weeks may decide whether October becomes another “Uptober” or turns into the dreaded
A new report by fintech analytics firm Rebank explains the potential of RWAs to reshape the financial system. Summary RWAs represent a major shift in how the financial system works Tokenized assets are still small, but their growth is accelerating RWAs are for finance what email is for paper mail, says fintech analytics firm. On
IREN stock price jumped by more than 2% and approached its all-time high after a major $14 billion deal between Meta Platforms and CoreWeave and after a bullish report on AI spending from Citi. Summary IREN stock price soared after a big deal between Meta Platforms and CoreWeave. Meta will buy AI computing power from
The largest Bitcoin ETF in the world has just revamped its process for moving coins in and out of the fund. BlackRock’s IBIT, which has accrued more than $20 billion since launch, can now process creations and redemptions “in kind.” The SEC’s approval order quietly flipped the switch: IBIT’s authorized participants can now swap Bitcoin
An important step has been taken by the US Securities and Exchange Commission (SEC) regarding cryptocurrency storage. The SEC has issued a no-action letter stating that investment advisors can use state-chartered trust companies as “qualified custodians” for crypto assets. Under the Investment Advisers Act of 1940, investors’ assets must be held in qualified custodians, such
Bitcoin, a favorite among investors over the last five years, has outperformed gold ninefold and attracted attention with returns of up to 1,000 percent. However, 2025 has shifted the balance. While gold has risen 45 percent since January, Bitcoin has gained only 20 percent in the same period. Central banks and pension funds are turning