Bitcoin enthusiasts remain doubtful about institutions: Preston Pysh
Concerns Over Institutional Bitcoin Adoption Preston Pysh, co-founder of the Bitcoin venture fund Egodes Capital, expressed that early adopters of Bitcoin may always hold a skeptical view towards institutional acceptance. In a conversation with Natalie Brunel on the Coin Story Podcast, he noted, “Part of that culture looks at where this is heading and says, […]
Centrifuge exceeds $1 billion in total value locked as institutions fuel growth in tokenized real-world assets, according to the CEO.
Centrifuge Surpasses $1 Billion in Total Locked Value Centrifuge, a blockchain infrastructure platform, has reached a significant milestone, exceeding $1 billion in total locked value (TVL). This accomplishment places it alongside notable players like BlackRock’s Buidl Fund and Ondo Finance, marking it as one of the few real-world asset (RWA) platforms to achieve such heights. […]
Trump signs executive order aimed at ensuring fair banking for all Americans and stopping discrimination by financial institutions
Trump’s Executive Order Aims to Ensure Fair Banking President Donald Trump has recently signed an executive order intended to guarantee fair banking practices across the United States. This order targets discrimination by financial institutions and lays out measures to counter any unjust treatment or removal of services based on political or religious beliefs. The order, […]
SEC’s advice on liquid staking tokens benefits DeFi and institutions
Crypto Industry Responds to SEC’s Liquid Staking Guidance The cryptocurrency sector is viewing the recent guidance from the Securities and Exchange Commission (SEC) on liquid staking as a significant regulatory breakthrough. Many stakeholders believe this could pave the way for greater institutional engagement with decentralized finance and digital assets. On Tuesday, the SEC staff released […]
FIS and Circle to Assist Financial Institutions in Utilizing USDC Stablecoin
FIS has announced a partnership with Circle to enable financial institutions to trade using the USDC stablecoin. This collaboration integrates FIS’s infrastructure solutions with Circle’s stablecoin technologies, as stated in a press release on July 28. This partnership aims to facilitate domestic and cross-border payments for US financial institutions using USDC. Jim Johnson, co-president of […]
Bitcoin Reaches Over $120K as Clear Crypto Policy Attracts Investment and Institutions
Simply put Bitcoin has bounced back to $120,000 after a brief dip. Institutional investments are picking up again, driven by ETF inflows and increased Treasury adaptations. Analysts are highlighting macro challenges, such as inflation risks, geopolitical tensions, and a potential rebound of the dollar. Bitcoin managed to regain the $120,000 level following a slight pullback […]
Bitcoin ETF investments indicate that institutions have significantly increased their commitment to BTC at $116K.
Key Points: Institutions have bought around 11,000 BTC over two days, despite the recent dip in Bitcoin’s price. Bitcoin ETF responses differ from earlier in the year during market retests. There’s a forecast predicting BTC could reach $135,000 in six months as ETFs continue to purchase Bitcoin. On Tuesday, Bitcoin (BTC) appeared as an attractive […]
Institutions Are Accumulating Bitcoin and Ethereum as Retail Interest Slows Down
Simply put The cryptocurrency market has reached a level of maturity, with increased interest from institutions in digital assets. Both traditional financial institutions and retail investors are showing engagement not seen since the last bull market. Institutional investors tend to focus on Bitcoin and Ethereum, while retail is leaning more towards altcoins. WinterMute, a traders’ […]
BNY Mellon will manage Ripple’s new stablecoin as interest in cryptocurrency among institutions grows.
BNY Mellon Partners with Ripple for Stablecoin Reserves In an announcement made on Wednesday, BNY Mellon stated that it will be the primary custodian of Ripple’s USD-backed Stablecoin reserves. This collaboration aims to enhance regulatory compliance with Ripple USD (RLUSD), particularly to boost institutional confidence in both the company and the burgeoning Stablecoin sector. BNY […]
Blockdaemon introduces a self-managed staking and DeFi solution for institutions.
BlockDaemon Launches New DEFI and Staking Services BlockDaemon, known for its blockchain infrastructure, has unveiled its Decentralized Financial (DEFI) and staking services. This offering is aimed at organizations that want to provide DEFI and staking options through over 50 different protocols, allowing access to a wide variety of DEFI pools and bridges. The announcement was […]