President Donald Trump called on ExxonMobil and Chevron to cut US fuel prices after the oil majors earned roughly $26.5 billion combined during the second quarter. Trump demands lower fuel prices Trump criticized ExxonMobil and Chevron at the White House on Monday, arguing that supply pressure linked to the Iran war had allowed the companies
The multimillion-dollar Coldcard hack, anemic institutional demand, and uncertainty in the regulatory and macroeconomic environment are some of the pain points for the crypto market right now. Yet there are no signs of panic or stress in the market, at least not in the continued meltdown of bitcoin’s 30-day implied volatility index, BVIV. The index
Robinhood opened the order window on Monday for Robinhood Ventures Fund II, a closed-end fund that will give retail investors exposure to seed-stage startups from the Y Combinator ecosystem,at an expected $25 per share. The fund extends Robinhood’s private-markets push from late-stage names like OpenAI into the riskiest end of venture capital — seed-stage companies,
Franklin Templeton, a global asset manager with over $1.5 trillion in assets under management, has joined the Canton Network as a super validator, according to The Block. The move deepens the firm’s involvement in blockchain-based finance and follows its expansion of the Benji Technology Platform to the Canton Network in November last year as part
Italy’s largest banking group, Intesa Sanpaolo, significantly reduced its exposure to BlackRock’s Bitcoin ETF (IBIT) through call options in the second quarter, while simultaneously increasing its holdings in BlackRock’s Ethereum staking ETF. The moves were disclosed in a 13F filing submitted to the U.S. Securities and Exchange Commission on July 31, covering positions as of
BlackRock (BLK), the world’s largest asset manager, is building on its recent expansion of tokenized cash offerings in the U.S. by tapping into a combined $311 billion of assets under management in European money market funds in a sign of the growing appeal of holding real-world assets on blockchain technology. BlockRock unveiled 12 new tokenized
Crypto asset manager Hashdex is set to close and liquidate its $14.7 million spot bitcoin $BTC$63,518.30 exchange-traded fund, in what may be the first liquidation of a U.S. spot bitcoin offering. Bitcoin futures ETFs have closed before, including VanEck’s XBTF in 2024, but no U.S. fund holding bitcoin directly appears to have previously been liquidated.
A large-scale transaction attracting attention has taken place in the cryptocurrency derivatives markets. According to data shared by ai_9684xtpa, known for on-chain and derivatives market analysis, a major options investor sold Bitcoin call options worth a total of $173 million, taking a position that the $BTC price will not rise above $70,000 until September 25th.
Jim Cramer wants out of bitcoin $BTC$63,607.21 and the crypto community’s reaction is positive. The “Mad Money” host said this week that he plans to sell all of his bitcoin holdings due to concerns that advancements in quantum computing could threaten cryptocurrencies within the next three to four years. The comment followed his July 31
Gelephu Mindfulness City (GMC), a special administrative region in southern Bhutan, awarded 3iQ Corp. a mandate to manage part of its bitcoin $BTC$63,607.21 treasury, the firms said in an email. GMC declined to disclose the size of the mandate to CoinDesk. How the money will be run is the new information. GMC told CoinDesk it