BlackRock, the world’s largest asset manager, is preparing to launch its much-anticipated Bitcoin ETP in the UK within days. The iShares Bitcoin ETP is set to list on or after October 8, marking a major step for Bitcoin investment in one of the world’s key financial markets. This move signals a new era of accessibility
Galaxy Digital, a crypto investment firm founded by former Fortress Investment Group president Michael Novogratz, is launching the GalaxyOne platform, offering exposure to both crypto and traditional finance (TradFi) markets. Galaxy Digital has launched GalaxyOne, a platform combining exposure to yields on fiat cash with trading cryptocurrencies and equities, the company announced on Monday. Targeting
CratD2C SmartChain is set to blend blockchain, artificial intelligence (AI), and the Internet of Things (IoT) to revolutionize the future of decentralized solutions. This initiative aims to set the stage for new standards in digital innovation. CratD2C SmartChain presents itself as a Layer-1 blockchain platform striving to build transparent and efficient systems around various industries.
Bitcoin is trading at $124,297 to $124,430 over the past hour with a market cap of $2.47 trillion and a 24-hour trade volume of $51.11 billion, dancing in a tight intraday range between $122,538 and $124,418. Less than 1% away from its all-time high, the world’s largest cryptocurrency is swaggering just below the summit with
Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global contributor network and scale its infrastructure, it announced Monday. The round was led by Pantera Capital, LDA Capital, Borderless Capital and Ajna Capital, marking one of the largest financings in the decentralized physical infrastructure (DePin)
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in bringing blockchain to credit markets, the broker said in a Monday report. The stock was 2% higher in early trade, around $41.10. Bernstein said Figure is doing for lending what stablecoins did for payments, tokenizing
Shares of Galaxy Digital rose 8% in premarket trading Monday as the company rolled out GalaxyOne, a mobile and web platform built to give retail investors access to a blend of cash, crypto, and equity investing tools, with yield at the core. The app gives users access to FDIC-insured high-yield cash accounts, crypto trading, and
Bitcoin (BTC) has broken out of the downward trend it has been experiencing since mid-August and experienced a massive surge in just one week. Bitcoin, which rose from $110,000 to $124,000 in a short time, broke a new record by exceeding $125,000 over the weekend. QCP Capital, a cryptocurrency platform that draws attention with its
With the third quarter now fully in the books, the original bitcoin treasury company Strategy (MSTR) reported a $3.9 billion gain on its mammoth holdings of BTC for that three month period. Alongside, the compnay confirmed what had been teased by its Executive Chairman Michael Saylor over the weekend — that it did not add
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next three years as savers seek the safety and liquidity of dollar-pegged digital assets, Standard Chartered said in a Monday report. Stablecoins are giving households and companies in developing economies an alternative to local banks, accelerating