BlackRock Still Views Bitcoin As A ‘Low-Correlation Diversifier’ Despite $60,000 Dip
Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says.Key points:A BlackRock report attributes…
Centrifuge Adds Symbiotic Liquidity Network Across $1.6B Tokenized Funds
Centrifuge has added Symbiotic’s liquidity network across three tokenized funds that represent about $1.6 billion in assets under management, giving eligible…
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by…
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong…
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
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US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
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Metaplanet to Take Controlling Stake in Super League Enterprise
Metaplanet, the Tokyo-listed company that has adopted Bitcoin as its primary treasury reserve asset, plans to take a controlling stake in Nasdaq-listed Super…
Bitcoin Price Volatility Sparks First Tap Of $65,000 Since Aug. 10
Bitcoin (BTC) hit $65,000 after Tuesday’s Wall Street open as US stocks rebounded in spite of geopolitical pressure.Key points:Bitcoin reaches $65,000 for the…
Toyota Finance opens tokenized bonds to retail investors via mobile payment app
Retail investors can apply to buy the 1 billion yen bond without a securities account and receive perks through Toyota’s payment app.
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Kraken Launches US Stock Trading Across European Economic Area
Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering…