Tag: digital assets
XRP Supply Shrinks as Institutional Demand and ETF Inflows Accelerate
XRP is experiencing increasing supply pressure as exchange reserves continue to decline while institutional demand strengthens. The latest wave of accumulation is being driven...
Rep. Warren Davidson Pushes ‘Bitcoin for America’ Act to Establish a...
Rep. Warren Davidson has introduced a new bill that would allow Americans to pay their federal taxes using Bitcoin. The proposed legislation, called the...
Senator Tim Scott Calls for December Vote on Crypto Market Bill
Senate Banking Committee Chair Tim Scott says he aims to move forward with a crypto market structure bill in December. His goal is to...
Bank of England still seen as overly cautious on stablecoins
Some experts in the crypto industry argue that the Bank of England’s newly proposed rules for stablecoins remain unnecessarily strict, despite efforts to incorporate...
Bitcoin Falls Under $90,000 as Investor Sentiment Weakens
Bitcoin fell below $90,000 on Tuesday for the first time in seven months, signaling a clear decline in risk appetite across global markets.
The cryptocurrency,...
Half of Hedge Funds Are Betting Big on Crypto, Report Shows
Hedge Fund Investment in Crypto Surges as Industry Embraces Digital Assets
Global hedge funds are ramping up their exposure to cryptocurrency markets, with more than...
Citigroup Raises Ethereum Forecast, Cuts Bitcoin Outlook on Investor Shifts
Citigroup has increased its year-end price target for Ethereum (ETH) to $4,500, up from $4,300. The bank cited strong inflows from exchange-traded funds (ETFs)...
UAE Becomes Fourth-Largest Government Bitcoin Holder With $740M Reserves Through Citadel...
The United Arab Emirates (UAE) has officially become the world’s fourth-largest government holder of Bitcoin, with reserves valued at around $740 million. These reserves,...
Verb Technology Buys $713M in Toncoin to Build Nasdaq-Listed TON Treasury
Verb Technology, a Nasdaq-listed company soon to rebrand as Ton Strategy Company, has announced a major expansion of its digital asset reserves. The firm...
BlackRock Unloads $111M Bitcoin and $254M Ethereum While ETF Outflows Continue
BlackRock, the world’s largest asset manager, has once again sold a significant amount of Bitcoin and Ethereum from its crypto ETFs as investors continue...
