Bitcoin fell below $90,000 again today, reflecting investors’ continued shift away from riskier assets. The largest cryptocurrency has fallen nearly 30% from its record high of $126,000 at the beginning of October, erasing all of its gains since the beginning of the year. Market analysts say uncertainty surrounding the Fed’s interest rate policy, combined with
BlackRock’s iShares Bitcoin Trust (IBIT) shed a single-day record of $523 million in investments on Tuesday, extending a five-day streak of outflows that has dovetailed with the decline of its underlying asset. The exchange-traded fund has hemorrhaged more than $1.4 billion in assets since last Thursday, according to UK asset manager Farside Investors, the highest
These are interesting times for AI and trust. A growing number of investment firms are using AI agents to review research notes and company filings. Humans are asked to surrender increasingly invasive biometric data, like face scans, voice samples, and behavioral patterns, just to prove they’re not bots. Once in the wild, this data can
The big news Tuesday was crypto not just posting gains, but also rising even as U.S. stocks sold off. That outperformance has been rare for what seems like months, with bitcoin and other cryptocurrencies watching from the sidelines as major stock market averages made new record highs on a regular basis. Sadly for the bulls,
Crypto majors were slightly green ahead of tonight’s major NVDA earnings call, with BTC hovering around $91,300, ETH up 2% at $3,090, BNB up 1% at $922, and SOL also up 1% at $139. Among top movers, MYX (+38%), STRK (+30%), and ZEC (+10%) led the pack. Bitcoin’s latest 30% drawdown unfolded far more rapidly—over
Despite Bitcoin (BTC) experiencing sharp declines, interest continues to grow. At this point, the latest news came from the United Arab Emirates (UAE). Abu Dhabi Investment Council (ADIC), a subsidiary of the United Arab Emirates (UAE) sovereign wealth fund Mubadala, significantly increased its Bitcoin-related investments in the third quarter, Bloomberg reported. ADIC reportedly held approximately
Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate clients in the US and the United Arab Emirates in the first half of 2026, according to a Bloomberg report on Tuesday. The Tokenized
Maintaining exceptional editorial standards, with content reviewed by trusted editors and seasoned industry professionals. A recent report has recognised Chainlink’s Proof of Reserve as a benchmark for improving stablecoin management. PoR is a Chainlink service that provides real-time, on-chain verification that off-chain or cross-chain reserves truly back a token. The Chainlink team recently highlighted on
Key Takeaways The UAE holds approximately 6,450 Bitcoin from state-backed mining operations, ranking as the fourth-largest sovereign holder. Citadel Mining, majority-owned by International Holding Company, acquired these Bitcoin through mining rather than market purchases. The UAE’s Royal Group, a major conglomerate tied to Abu Dhabi’s ruling family, has amassed about 6,450 Bitcoin via state-sponsored mining,
Story Highlights Bitwise CIO Matt Hougan says a “ETF Palooza” is coming as the U.S. reopens and legislation moves forward. Index-based crypto ETPs are set to dominate as new investors prefer broad market exposure over single assets. Bitwise and Fundstrat expect strong ETF inflows. A major shift may be coming to the crypto investment world