Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins....
Finance
Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective
Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective”...
Grayscale Removes Cardano From Its Crypto Large Cap Fund
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP,...
Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC
Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares...
Galaxy Digital to Debut $100 Million Crypto Fund Initiative
Galaxy Digital, a cryptocurrency venture capital firm, is in talks with third parties to launch its first cooperative crypto investment...
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even...
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank...
HSBC Launches Tokenized Gold Product Targeting Hong Kong Market
HSBC, the London-based financial institution, launched the first bank-backed tokenized gold product for its customers in Hong Kong. HSBC Gold...
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master...
Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study
Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32%...
Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains
This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have...
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF),...
Hashdex Bitcoin ETF Begins Trading — US Now Home to 11 Spot BTC ETFs
Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission...
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth...
Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price ‘Perfect Storm’
A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves...
Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares
On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed...
Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’
Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting...
$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform
Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has...
Cleartoken Secures $10M in Funding to Pioneer UK’s First Digital Asset Clearing House
On Monday, the crypto clearing house startup Cleartoken revealed that it raised $10 million from strategic investors including Nomura’s Laser...
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a...
Australian Crypto Love: Value of Digital Assets Held in Super Funds Surges Past $650 Million
In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just...
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by...
