Tema is set to launch a prediction markets ETF, featuring a notable 15% investment in private firms Kalshi and Polymarket. This innovative approach aims to leverage the illiquidity bucket of thematic ETFs, which could attract significant investor interest. The announcement was made by commentator Eric Balchunas on Twitter, highlighting a potential shift in market dynamics
BitGo is making a significant move by joining the Cosmos Partner Network to enhance digital asset initiatives for global financial players. This partnership aims to facilitate tokenization by allowing banks to transition from pilot projects to full production without the hassle of coordinating various vendors. The implications of this initiative could reshape how institutions approach
Bitcoin recorded a correction after hitting highs above $93,000, retreating toward its prior consolidation zone. Bitcoin’s market share dropped two percentage points over the past week, settling near 58%. Daily trading volume across major altcoins saw a 35% surge over the last 72 hours. Bitfinex’s weekly report points out that Bitcoin could consolidate its price
US Treasury Secretary Scott Bessent has delivered an unusually direct warning to currency traders betting against the Japanese yen, saying: “I am the house now.” At Southern Methodist University on Tuesday, Bessent said his coordination with Japanese officials gives him a special inside view of what the Bank of Japan (BOJ) and policymakers will do
A significant transfer of 654 $BTC, valued at approximately $51.89 million, has been reported moving from Coinbase Institutional to an unknown wallet, as noted by Whale Alert. This transfer, which occurred earlier today, is being closely watched by market participants, indicating potential shifts in Bitcoin dynamics. As the crypto market continues to show mixed signals,
Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears. Data from CryptoSlate showed the flagship cryptocurrency trading around $78,451 at press time, with little sign of the pressure spreading across bond and energy markets after an escalation in the Middle East pushed Brent above the threshold for
The Circle (CRCL) stock price has traded near the flatline today, with investors evaluating the potential impact of the US Bank’s USBDC stablecoin launch on $USDC. For context, the US Bancorp has executed its first successful transaction of the new stablecoin today, which has caught the eye of investors.
Base has announced that there are just 24 hours left to apply for its Batches 004 initiative, which offers up to $100,000 in investment to selected early-stage teams. This program aims to support innovative projects in the crypto space and includes eight weeks of mentorship, culminating in a Demo Day in New York City. This
Bastion Trading, a 9.99% shareholder of SkyAI, plans to withhold votes for all five directors at the upcoming annual meeting on September 18. The firm expressed concerns over recent bylaw changes that allegedly weakened shareholder rights and the adoption of a ‘poison pill’ without a shareholder vote. This dissent could signal deeper issues within SkyAI’s
Fintech veteran Wojciech Kaszycki has identified three tests for real bank adoption of Bitcoin: client custody balances, credit-funded spot trades and its use as loan collateral, following Standard Chartered’s launch of deliverable $BTC and $ETH trading for eligible UAE institutions. Standard Chartered has put Bitcoin trading on existing bank rails Standard Chartered said on Sept.