VanEck’s crypto-focused ETF has reached $500 million in AUM, with European expansion playing a major role. Summary VanEck Crypto and Blockchain Innovators UCITS ETF reached $500M in AUM The growth of interest in digital assets in Europe played a significant role The fund invests primarily in companies with more than 50% in crypto revenue Institutional
Bitcoin may outperform every major asset over the next decade, according to a new Bitwise report projecting a 28% annual growth rate. The firm cites rising institutional demand, scarce supply, and growing concerns over fiat currency debasement as key drivers for the rally. Summary Bitwise projects Bitcoin could grow 28.3% annually over the next decade,
Nvidia (NVDA) reported stronger-than-expected earnings for the second quarter on Wednesday, posting revenue of $46.7 billion, a 56% increase from a year earlier. The results underscore the chipmaker’s role at the center of the AI boom, as demand for its high-powered processors showed little sign of slowing. Shares of the company fell 1.7% in after-hours
VersaBank, a Canadian digital bank with a focus on business clients, has started testing a tokenized deposit that the bank says provide a safer and more compliant alternative to stablecoins. The pilot, run through the bank’s U.S. subsidiary VersaBank USA, will trial a U.S. dollar version of the bank’s blockchain-based Digital Deposit Receipts (DDRs) tech.
As user interactions continue to increase in the cryptocurrency market, the list of projects with the most active users on a weekly basis has been published. This data represents the number of unique addresses performing revenue-generating transactions on a project’s app or blockchain. The metrics are calculated using a 7-day moving average. Here are the
Nvidia, one of the world’s largest companies in artificial intelligence and chip production, has approved an additional $60 billion share buyback program. The company’s second-quarter results were also in line with market expectations. Nvidia reported Q2 revenue of $46.7 billion, slightly above the market estimate of $46.23 billion. Data center revenue, the company’s largest business,
Research-driven crypto firm Delphi Digital and institutional staking platform Chorus One have teamed up to launch a new institutional-grade validator on Solana. Summary Delphi Digital and Chorus One have joined the Solana validator list. The platforms have partnered to launch an institutional-grade validator to support Solana security and decentralization. Validators earn rewards from protocol rewards,
Key Takeaways Dominari Holdings has established a Crypto Advisory Board to drive its digital asset expansion. Industry leaders Sonny Singh and Tristan Chaudhry have been appointed as the board’s inaugural members. Dominari Holdings, a New York-based financial services firm backed by Eric Trump and Donald Trump Jr., announced Wednesday the formation of a new Crypto
Alphabet recently unveiled a new blockchain called the Google Cloud Universal Ledger (GCUL), some features of which appear to put it in direct competition with Ripple Labs’ XRP Ledger (XRPL). The $2.5 trillion internet giant stamped its own brand on it and name-dropped other heavyweights on its debut, including the world’s largest options and futures