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Barclays Bank’s $131 million stake in BlackRock’s Bitcoin ETF highlights the accelerating institutional shift toward cryptocurrency investments. As traditional financial giants increase their exposure to Bitcoin, the market is witnessing a deeper integration of digital assets into regulated investment strategies.
As regulatory scrutiny in crypto intensifies, Hex Trust’s move to acquire Byte Trading highlights its push to provide institutional-grade financial services. With new capital from Morgan Creek Digital, the firm is doubling down on its expansion strategy.
While many have viewed Bitcoin as an asset to stash away, emerging Layer-2 solutions are beginning to unlock its hidden potential. By merging advanced programmability with Bitcoin’s robust security, these networks could steer the largest cryptocurrency toward a new era of decentralized finance.
The bill sets specific criteria for digital asset investments, limiting them to cryptocurrencies with a market capitalization exceeding $750 billion.
Grayscale aims to stake Ether within its Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH).
Quick Take Argentinian lawyers, alongside the former head of the country’s Central Bank, charged President Javier Milei with fraud over his involvement with the $LIBRA token project, which collapsed 95% from its peak. Hayden Davis, an advisor to the project, accused Milei of sparking the crash by withdrawing his support, though the token had already lost significant value by that time.
- 16:54US SEC Has Confirmed Receipt of Grey Hedera ETF ApplicationThe U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the greyscale Hedera ETF application, according to Cointelegraph.
- 16:53Nansen: Bitcoin's Pullback to $70,000 Range Part of Bull Market ‘Macro Adjustment’Crypto analytics platform Nansen's chief research analyst Aurelie Barthere said most cryptocurrencies have now broken through key support levels, so it's hard to estimate the next key price level, which for bitcoin could be between $71,000 and $72,000, the top of the pre-Trump election trading range, and that the market is still in a ‘macro-correction’ of the bull market, despite the decline in investor sentiment. Despite the drop in investor sentiment, cryptocurrencies and global markets are still in a ‘macro-adjustment’ of the bull market, the market is still in the adjustment phase of the bull market, stocks and cryptocurrencies are realised and priced in, and the Federal Reserve is not taking any action.
- 16:3310X Research Analyst: It's Not Time to Buy Low, BTC Could Fall to $73,000 RangeThis is not the time to buy low as BTC could fall to the $73,000 range,’ said 10X Research analyst Markus Thielen, who believes that the current situation is akin to the bursting of the DeFI/NFT speculative bubble after the 2021 bull market, where the Meme coin crash punished many related tokens, and that the structural decline in the market suggests that the fundamentals are weakening. The fundamentals are weakening, it is time for caution, not complacency, and the next major (upward) move will require a new narrative.’