Trump Administration Explores Crypto for 401(k) and Mortgage Assets
The Trump administration is reportedly looking to incorporate digital assets into its 401(k) plans and mortgage offerings. President Donald Trump is anticipated to sign an executive order that would initiate a new 401(k) plan allowing for assets that may include cryptocurrency, as reported on Monday, July 28th. Recently, the Federal Housing Finance Agency’s plans were […]
Bipartisan Senators, including Bill Hagerty, Suggest Safeguarding American Assets from Illegal Seizures by Mexico and Other Foreign Governments
Legislation Launched to Protect U.S. Assets from Foreign Seizures Senator Bill Hagerty (R-TN) and a group of bipartisan senators have put forth new legislation aimed at preventing foreign governments, particularly Mexico, from seizing assets owned by U.S. entities. As a member of the Senate Foreign Relations Committee, Hagerty is spearheading this initiative. The proposed Defense […]
BlackRock’s Ethereum ETF is the third quickest to reach $10 billion in assets.
BlackRock’s Ether ETF Shows Rapid Growth BlackRock’s spot Ether Exchange-Traded Fund (ETF) is now among the fastest-growing cryptocurrency funds out there. It has quickly gained traction, standing alongside two other notable funds. The iShares Ethereum ETF (ETHA) has reached a remarkable milestone, boasting $10 billion in assets under management (AUM), making it the third fastest […]
The 10 best-performing banks with assets between $10 billion and $50 billion
2024 Lending Landscape for Banks In 2024, the lending environment was pretty intense, yet banks managed to pull in stronger loan growth compared to their peers. It’s interesting how that turned out. A bank that saw significant borrowing last year is now positioned among the top performers for 2025, boasting assets between $10 billion and […]
SpaceX, led by Elon Musk, transfers Bitcoin assets for the first time in three years.
Simply put SpaceX is consolidating its Bitcoin holdings, valued at $153 million, into a single wallet, according to Arkham Intelligence data. Private companies generally hold 8,285 Bitcoin, which is about $990 million in total. This movement comes amid some public disputes with former President Donald Trump, leading to increased concern among investors regarding SpaceX. According […]
JPMorgan Considers Lending Against Crypto Assets
JP Morgan Chase Explores Lending Against Cryptocurrency Holdings JP Morgan Chase is reportedly contemplating the possibility of lending against its clients’ cryptocurrency holdings. This information comes from a recent report by the Financial Times, which suggests this move indicates that major banks are beginning to embrace the mainstream adoption of cryptocurrencies. The shift in strategy […]
It’s not only bitcoin. Companies are now including ethereum in their assets.
Bitcoin (BTC-USD) isn’t the only cryptocurrency capturing corporate interest. A handful of companies are now investing in Ethereum and its token, Ether (ETH-USD), eager to tap into the underlying technology of decentralized finance and digital assets. So far, most firms taking this route are smaller entities in the crypto sector, like Bitmine Immersion Technologies (BMNR), […]
Trump likely to advocate for private assets in 401(k) plans: Benefits and drawbacks
Executive Order on Retirement Plans President Trump is set to sign an executive order aimed at opening up a retirement plan to the private market. Senior columnist Carrie Hannon joins us to discuss this development. According to Hannon, the president’s order will be directed at the Securities and Exchange Commission. This move is significant because, […]
Responsible managers of public assets
Federal Reserve Chair Defends Renovation Project In Washington, Federal Reserve Chair Jerome Powell defended a $2.5 billion renovation of the headquarters near the National Mall. He emphasized that the project has been under careful oversight since it was approved in 2017, despite the costs already nearing $600 million. Powell is facing significant criticism from Republicans, […]
Tokens based on real-world assets are the next evolution of ETFs, says CoinFund president.
Tokenized Assets Could Open Investment Doors for Retail Investors Christopher Perkins, president of investment firm Coinfund, suggests that real-world asset (RWA) tokens could broaden investment access for everyday retail investors, much like the rise of Exchange-Traded Funds (ETFs) did in 1993. Perkins described these tokens as akin to a new kind of ETF, which allows […]