The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million. What to know: Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral. The exchange currently offers retail customers […]
The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg. What to know: BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied to real-world assets such […]
Armstrong joins Jack Dorsey and Cathie Wood in calling for explosive BTC growth, with Ark Invest projecting as high as $3.8M by decade’s end. What to know: Coinbase CEO Brian Armstrong said that bitcoin could hit $1 million per token by the end of the decade, adding his voice to […]
Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed. What to know: The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on whether to approve an exchange-traded fund (ETF) proposed by Truth Social, the social media platform affiliated with Donald Trump. The delay, announced […]
The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business. What to know: Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital […]
A longtime vocal critic of bitcoin, Dimon said the bank he runs will now let clients to buy the crypto. What to know: Clients of JPMorgan Chase (JPM) will soon have the option to buy bitcoin BTC$106,663.37, according to CEO Jamie Dimon, who spoke at the bank’s annual Investor Day on […]
TD Cowen analysts evaluated the Strategy’s treasury activity against bitcoin trading volume and price action over the past six months. What to know: Despite its growing footprint as a major corporate holder of bitcoin (BTC), Strategy’s large-scale purchases of the cryptocurrency appear to have little, if any, influence on its […]
In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar. What to know: Still a big fan of digital assets, BlackRock CEO Larry Fink nevertheless said he’s not blind to […]
The state’s investment board’s stake is worth more than $340 million at IBIT’s current price of $56.10. What to know: Wisconsin’s investment board saw fit to significantly add to its bitcoin (BTC) bet in the last three months of the year. The State of Wisconsin Investment Board (SWIB) disclosed ownership […]
The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake. What to know: Klarna Bank AB, a Swedish fintech company popular in Europe, plans to embrace cryptocurrencies on its platform, the firm’s chief executive officer, Sebastian Siemiatkowski announced in a post […]