What to know: The world’s first spot XRP exchange-traded fund (ETF) has been approved by Brazil’s securities regulator, the Comissão de Valores Mobiliários (CVM). Named HASHDEX NASDAQ XRP FUNDO DE ÍNDICE, the fund is currently in a pre-operational phase. 💡 A most intriguing development has occurred in the land of samba and caipirinhas! The world’s … Read more
“Why Blockchain Can Solve the Buy-Side Blues 🎩✨” Why Blockchain Can Solve the Buy-Side Blues 🎩✨ Ah, tokenization—what a splendidly modern contraption! Its ultimate aims include crafting robust trading markets for private assets, skipping jauntily into the DeFi ecosystem, and tossing the keys of investment accessibility to the unwashed masses. Naturally, one might trot out … Read more
What to know: Institutional investors have decided that tripling their holdings of spot bitcoin ETFs in Q4 2024 is the new black, reaching a staggering $38.7B, according to SEC filings. 💸 Major funds, including Wisconsin’s pension board (because who doesn’t want to retire in style?) and Paul Tudor Jones’ hedge fund, have significantly boosted their … Read more
🚨 Blockchain Gold Rush: Hong Kong’s Desperate Attempt to Stay Relevant 🤑 Hong Kong Eyes Blockchain for Gold Tokenization Hong Kong, in a bold move to stay afloat in the global financial market, has decided to cling to the blockchain bandwagon like a drowning man to a piece of flotsam. In a desperate attempt to … Read more
Oh, la la! Chainlink’s (LINK) recent tumble by a striking 40% has got everyone’s tongues wagging! With the token now hovering around $18, one might wonder if our dear LINK is about to make a grand comeback. The Phantom of the Rebound? Our trusted crypto analyst, Ali Martinez, has unveiled some enlightening insights. The MVRV … Read more
Well, folks, hold onto your wallets! The US branch of the world’s biggest crypto circus, Binance, has decided to dust off its dollar services after a three-year snooze fest! 💤💵 In a shocking twist that nobody saw coming (except maybe your grandma), they announced today that as of February 19, the greenback is back in … Read more
What to know: Orderly’s merry band of market makers (think crypto musketeers) includes Wintermute, Selini, and Riverside, as per the omniscient press release. Monad’s testnet is launching Wednesday—expect airdrops galore and possibly the blockchain equivalent of winning a golden ticket. 🚀 Once upon a blockchain, Monad, a sprightly Ethereum Virtual Machine (EVM) layer-1 platform, decided … Read more
What to know: A Kraken survey revealed 85% of U.S. crypto holders danced with the devil, aka memecoins. FOMO: the original sin of crypto investing, still alive and kicking. 42% foresee memecoins crushing other cryptos by 2025. Optimistic or delirious? You decide. Picture, if you will, a legion of digital fortune-seekers waltzing merrily toward chaotic … Read more
What to know: Fold Holdings, the bitcoin rewards app, made its Wall Street debut via a SPAC merger with FTAC Emerald Acquisition Corp. Fold now joins the ranks of publicly traded companies with bitcoin on their balance sheets, boasting a whopping 1,000 BTC worth $96 million. FLD shares experienced a rollercoaster ride, surging 30% before … Read more
What to know: Binance.US customers can once again deposit and withdraw USD using bank transfer (ACH) and trade over 160 cryptocurrencies. The firm’s ability to handle USD deposits and withdrawals was choked out of existence under the previous Biden administration. Well, well, well, if it isn’t our dear friend Binance.US resurrecting like a financial phoenix! … Read more