U.S. Bank said it restarted cryptocurrency custody offerings for institutional investment managers, broadening the service to include bitcoin BTC$111,764.75 exchange-traded funds (ETFs). The program, first rolled out in 2021 and put on hold in 2022, is available on an early access basis through U.S. Bank’s Global Fund Services division, the bank said Wednesday. Custody operations
Ripple (XRP), the fourth-largest cryptocurrency in the global market, has taken an ambitious step into the gaming industry by launching its own private L3 chain on B3’s open consumer ecosystem. Along with this initiative, XRP announced its own dedicated gaming chain and platform, dubbed Xcade. XRP Launches New Gaming-Focused Chain Xcade The project’s most striking
Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has integrated tokenized stocks and exchange-traded funds (ETFs) into its platform. After initially disclosing the plan to introduce real-world assets (RWAs) in June, Trust Wallet has launched tokenized versions of US stocks and ETFs for use around the globe, the company said
Solowin Holdings (SWIN), a publicly-traded investment holding firm, has announced it completed a $350 million acquisition of stablecoin infrastructure provider AlloyX, integrating its talent and technology as it aims to bolster its expansion into emerging markets. The Hong Kong-based financial firm said in a press release that the deal integrates AlloyX’s infrastructure, including a stablecoin
Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first privacy-focused chain to join the Superchain, the company said in a Wednesday press release. Built on the OP Stack, the London-based project is designed to let organizations run blockchain applications without exposing sensitive information, combining what it calls “programmable
As is known, US President Donald Trump recently announced that he dismissed FED member Lisa Cook for making false statements in mortgage agreements. Lisa Cook filed a lawsuit today challenging President Donald Trump’s decision to remove her from office. Cook argued that the White House lacked the authority to do so and insisted she wanted
Michael Saylor, a vocal Bitcoin evangelist and financial iconoclast, who founded Strategy, has published a tweet that may be interpreted as a broad piece of advice to everyone who cares about their future and not only entrepreneurs. Saylor has once again spoken about the future and what one should best do now to prepare for
Derivative traders are betting on a bullish Bitcoin in September amid macroeconomic uncertainty and seasonality patterns. Analysts revealed that there’s potential upside volatility for the digital asset. Bitcoin has dropped 3.3% in the last month, but has bounced back in the last two days by roughly 3% to slightly above $110K. At the time of
Crypto infrastructure provider Utila raised $22 million in its latest fundraising round nearly tripling its valuation in the last six six months, the firm told CoinDesk. The round was led by Red Dot Capital Partners with Nyca, Wing VC, DCG and Cerca Partners among investors also participating, extending the March Series A funding round to
Bitcoin at a Crossroads: $111K in Focus Bitcoin ($BTC) is currently trading near $111,365, just above a critical support level at $111,350. The chart shows a decisive moment as BTC struggles to break above the 50-day SMA ($115,648), while the 200-day SMA ($101,465) is holding as long-term support. The question now is whether Bitcoin can