Supported by Securitize, it tokenizes an existing Apollo fund and operates across multiple networks. Source link
Day: January 30, 2025
Bitcoin futures metric adds $1.2B after FOMC, but retail investor spending is down 50% — Why?
Bitcoin trades above $100,000, but investors’ “unit bias” and the rise of spot BTC ETFs have drastically decreased retail investors’ presence in the market. Source link
Sam Bankman-Fried’s parents working to get a pardon from Trump
Key Takeaways Sam Bankman-Fried’s parents are seeking a presidential pardon from Donald Trump. The effort follows Trump’s recent use of clemency powers, including his pardon of Silk Road founder Ross Ulbricht. Share this article Sam Bankman-Fried’s parents are seeking a presidential pardon from Donald Trump, according to a Bloomberg report. Stanford Law School professors Joseph Bankman and Barbara Fried have reportedly held discussions with lawyers and individuals in Trump’s network about clemency for their son, who is serving a 25-year sentence for fraud. It remains unclear if they have made…
Crypto firms double down on influencing US elections via PACs in 2026
A spokesperson for Fairshake said the PAC was “keeping [its] foot on the gas” after its success in the 2024 US elections. Source link
Solana’s market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval
Key Takeaways Solana’s market structure shows strong liquidity and price correlation, similar to Bitcoin and Ethereum. Research indicates Solana’s effective spreads and trade costs meet or exceed those of Bitcoin and Ethereum, supporting readiness for US ETPs. Share this article Solana’s (SOL) market structure shows deep liquidity and strong cross-exchange price correlations, putting it on par with Bitcoin and Ethereum and bolstering Solana’s case for regulatory approval of exchange-traded products (ETPs) in the US, according to a new analysis co-authored by James Overdahl and Craig Lewis, former SEC chief economists.…
Danny Ryan’s return? Ethereum wallets say yes
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation. Source link
Grayscale files for XRP ETF with NYSE as institutional demand rises
Key Takeaways Grayscale has submitted a filing to list an XRP ETF on the NYSE Arca, aiming to convert its existing XRP Trust into a tradable fund. The move follows other XRP ETF applications from asset managers like CoinShares and Bitwise. Share this article Grayscale has filed an application with the SEC to convert its XRP Trust into an exchange-traded fund on NYSE Arca, joining other asset managers seeking to launch XRP investment products. According to the filing, the Grayscale XRP Trust currently manages approximately $16.1 million in assets and…
Interest in Bitcoin-backed loans returns: Will TradFi join this time?
The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry. Source link
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase. Source link
Why is Litecoin (LTC) price up today?
Litecoin price is up today after the SEC acknowledged Canary Capital’s spot LTC ETF application within two weeks of its initial filing on Jan. 16. Source link