CoinShares reported on January 27 that nearly $2 billion flowed into crypto investment products last week, bringing the total year-to-date inflows to $4.8 billion. Bitcoin remained dominant, capturing $1.6 billion, 92% of total crypto investment inflows last week. So far this year, Bitcoin has drawn $4.4 billion in investments. Meanwhile, ...
Ripple CEO Brad Garlinghouse responded to the accusations by Pierre Rochard, Vice President at Riot Platforms, that Ripple is leading a lobbying campaign to block the launch of the Strategic Bitcoin Reserve initiative in the United States. Garlinghouse argued that Ripple’s efforts could increase the likelihood of a Strategic Bitcoin ...
Goldman Sachs CEO David Solomon has dismissed the notion that Bitcoin could rival the U.S. dollar's dominance as the global reserve currency. In a CNBC interview, Solomon referred to Bitcoin as a speculative asset, recognizing its appeal but noting that it has less impact than the dollar. He emphasized his ...
Critical Metals Corp has unveiled a $500 million Bitcoin investment strategy, following the cryptocurrency treasury management approach pioneered by MicroStrategy. According to an official press release from the solid minerals mining company, it has secured through a financing agreement with JBA Asset Management following its Board of Directors's approval of ...
According to TheStreet Roundtable, Bitcoin surged past the $109,000 mark early Monday, setting a new all-time high. This milestone arrives at the beginning of a potentially turbulent week as President Trump begins his second term in office, following a weekend filled with significant cryptocurrency activity linked to Trump-related developments. Trump's ...
Lancashire Police have seized £28 million in assets from an international bitcoin fraud ring that exploited a flaw in an Australian cryptocurrency trading platform, according to the Lancashire Telegraph. The scam, which began in 2017, allowed ringleader James Parker, from Blackpool, to siphon off more than £20 million worth of ...
Texas Senator Charles Schwertner has proposed Senate Bill 778 (SB 778) to establish a Strategic Bitcoin Reserve, positioning the state as a leader in economic growth and financial freedom. If approved, Texas would become the first state in the U.S. to adopt this initiative, allowing it to acquire and hold ...
Hunter Horsley, the CEO of Bitwise Asset Management, announced that a national government is considering investing in Bitcoin, including exchange-traded funds (ETFs). On January 16, Horsley shared a post on X, revealing that they have provided information about Bitcoin ETFs to an unnamed nation-state. This nation is considering reallocating a ...
Thailand is exploring the launch of its first locally listed Bitcoin exchange-traded fund (ETF) as it aims to establish itself as a digital asset hub in Asia, according to a report by local news outlet, The Edge Malaysia. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), reportedly revealed ...
U.S. based asset management firm Osprey Funds is preparing to convert its Bitcoin trust into an exchange-traded fund (ETF) following the collapse of its acquisition deal with Bitwise. In a statement on January 14, the firm announced its intention to file a Form S-1 with the U.S. Securities and Exchange ...
