Tag : digital assets

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MicroStrategy’s bitcoin holdings top $45 billion in market value

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MicroStrategy, now operating under the name Strategy, has significantly reduced its workforce while aggressively expanding its bitcoin holdings. The company disclosed in its audited 2024...
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Crypto legislation expands as nine US states propose new bills

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U.S. states are ramping up their legislative focus on cryptocurrency, with four states introducing new bills related to digital assets this week alone. This development...
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Franklin Crypto Index ETF moves closer to SEC approval for trading

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Franklin Templeton's Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a...
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Banks to enter crypto sector as FDIC relaxes regulatory stance

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In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the...
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Court rejects Coinbase defense in lawsuit over crypto asset sales

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A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument...
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Nobel economist says Bitcoin will go bust, questions its utility

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Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become...
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Elliott Management warns of crypto collapse due to White House backing

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Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of...
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Financial sector poised for crypto integration after SEC’s SAB 121 reversal

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In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks...
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Protected Bitcoin ETF debuts with focus on volatility management

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Global investment management firm Calamos has launched a groundbreaking Bitcoin-focused exchange-traded fund (ETF) that offers 100% downside protection against the cryptocurrency’s notorious price volatility. The...