Barclays, the U.K.’s second-largest bank by market capitalization, said it invested in Ubyx, a U.S. startup developing clearing systems for tokenized forms of money such as bank deposits and regulated stablecoins. The investment, terms of which were not disclosed, signals growing interest among traditional banks to lay the groundwork for blockchain-based payments that stay within
Digital asset treasury company Metaplanet (3350) rose 4% in Tokyo on Wednesday after index provider MSCI decided not to exclude firms building cryptocurrency stockpiles from its global indexes. Metaplanet is now up 20% since the start of the year. The rally means company is valued at a premium to its bitcoin holdings, with a multiple
Crypto mass adoption could just be a matter of time, as older, crypto-averse generations eventually pass their wealth to their descendants, according to an industry executive. During an episode of the Milk Road show on Tuesday, Zac Prince, the head of Galaxy Digital’s banking venture, Galaxy One, predicted that as older people pass away and
Bitcoin’s Jan. 6 surge past $94,000 quickly reversed to $91,500 erasing over 2% and triggering $96.5 million in long liquidations as total crypto market cap slipped by $70 billion. While skeptics framed the initial surge as a “dead cat bounce,” institutional inflows of $1.1 billion into spot exchange-traded funds and metrics showing strong accumulation suggest
Karatage, a leading London-based proprietary hedge fund specializing in digital assets and emerging technology, has appointed Shane O’Callaghan as a senior partner and head of institutional strategy. O’Callaghan joins from Dutch market maker IMC Trading, where he was employed as global head of institutional partnerships and digital asset sales for the last year. Before joining
Wall Street’s biggest players are moving decisively into crypto, committing capital, branding power, and regulated products as digital assets shift from side projects to core institutional priorities. Big Banks Accelerate Full-Scale Push Into Crypto Major financial institutions are rapidly escalating their involvement in crypto as strategic priorities shift across Wall Street. A senior industry executive
Bitcoin BTC$92,565.70 traders may want to add the Japanese yen (JPY) to their list of related markets, moving beyond the dollar index, as the connection between the cryptocurrency and the yen has hit a record high over the last 90 days. The 90-day correlation coefficient between BTC and Pepperstone’s JPY index has risen to 0.86,
Minutes from a meeting of the People’s Bank of China (PBOC), China’s central bank, revealed that oversight and regulation of cryptocurrency markets will be further tightened in 2026. According to the statement, the bank declared its commitment to strengthening regulation in the field of “virtual currencies” and increasing the fight against related illegal activities, while
Bitcoin holders can now tap liquidity without selling, as Tim Draper backs Sats Terminal’s non-custodial bitcoin-backed lending marketplace designed to preserve long-term upside while avoiding custody risks and forced exits. Never Sell Your BTC Again? Tim Draper Backs a Non-Custodial Borrowing Market as Liquidity Fear Hits Holders Famous investor and venture capitalist Tim Draper posted