One out of 10 Russians is open to buying cryptocurrency, according to a new survey, with the majority pointing to its high profitability as the main motive. Other features of decentralized digital money that appeal to potential investors in Russia include crypto holders’ independence from banking restrictions and political risks. Crypto awareness is high among
While headlines have celebrated the IRS and Treasury’s recognition of staking for ETFs, a deep-dive into the guidance reveals more operational flexibility than many realize. The IRS permits trusts to adjust their liquidity reserves and utilize financing arrangements to facilitate redemptions. This is an unusual degree of flexibility within the normally rigid grantor trust framework.
YZi Labs (formerly Binance Labs), affiliated with Binance founder Changpeng Zhao (CZ), has begun expanding its investment footprint by making its first biotech investment in 2025 in regenerative medicine-focused Renewal Bio. With its developmental platform, called “Stembroid,” Renewal Bio aims to generate DNA-identical human cells and tissues from patients’ own cells. The company aims to
Bitcoin (BTC) neared $110,000 on news of the end of the US government shutdown and Donald Trump’s proposed $2,000 tariff dividend. However, BTC was rejected around $107,000 and failed to break the important psychological level of $110,000. At this point, CryptoQuant analyst with the nickname XWIN Research examined the reasons why Bitcoin could not exceed
Key Takeaways Tether Holdings is hiring senior HSBC precious metals traders to grow its gold reserves and expand its influence in the bullion market. The company is diversifying beyond its core stablecoin business and expanding into precious metals trading and ownership. Tether, a stablecoin issuer, is recruiting senior talent from HSBC as it expands into
Adam Back, the cofounder and CEO of Blockstream, argues that Bitcoin is permissionless “bearer” (holder) money. His comments come amid ongoing Bitcoin market volatility, which saw the leading coin drop to the $105,000 level Adam Back claims Bitcoin embodies cypherpunk spirit “Bitcoin is permissionless bearer money, in effect, a realization of the cypherpunks’ bearer ecash
Key takeaways BTC is down 1% and is now trading below $104,300 per coin. The bearish performance comes after Bitcoin failed to overcome the $107k resistance level. Bitcoin dips below $105k despite strong start to the week Bitcoin, the leading cryptocurrency by market cap, has underperformed over the last 24 hours despite a positive start
Key Takeaways Vladimir Novakovski, the Harvard prodigy and former Citadel engineer, raised $68 million for his decentralized trading platform Lighter. Operates as a custom layer 2 on Ethereum, focusing on verifiable matching and liquidations. Lighter, a decentralized perpetual trading protocol, has secured $68 million in funding led by Peter Thiel’s Founders Fund and Ribbit Capital,
Solana is evolving, not just as a protocol, but as something you can hold, wear, tap, and live with. It’s moving beyond on-chain assets and into a growing ecosystem of real-world hardware. — From smartphones and health rings to hotspot nodes and self-custodial debit cards, this isn’t just a product expansion. It’s a strategic attempt