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US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains

Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds…

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Multi-Billion-Dollar Asset Manager Hamilton Lane Pioneers Private Credit Fund Launch on Solana

Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3…

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Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets

On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency,…

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US Spot Bitcoin ETFs See Record $533.57M Inflows Ahead of Ether ETF Launch

Ahead of the spot ether exchange-traded funds (ETFs) launch, U.S. spot bitcoin ETFs experienced their 12th consecutive day of inflows, accumulating $533.57 million on Monday. This influx marked the highest…

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Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager,…

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Barstool’s Dave Portnoy Accepts Bitcoin From Kraken in Sponsorship Deal

Barstool Sports founder Dave Portnoy has expressed his hesitation to buy bitcoin at its current price but is open to accepting the cryptocurrency as payment. He disclosed that he accepted…

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US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million

U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86…

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Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO

Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs)…

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OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest

The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year…

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