Metaplanet, Asia’s largest publicly listed bitcoin holder, isn’t just buying bitcoin BTC$69,483.55 anymore but wants to build the ecosystem around it. The Tokyo-listed company, which holds 35,102 BTC, announced Thursday the creation of Metaplanet Ventures K.K., a wholly-owned subsidiary that will invest in companies building regulated bitcoin financial infrastructure in Japan. The total investment over…
Oil is the single most vital commodity, wielding an overbearing influence on all corners of the global economy. This reality was made painfully clear by recent war-led oil price spikes above $100 a barrel and the resulting financial market jitters. Yet, for all its immense importance, the machinery powering global oil trading largely remains archaic….
XRP traded quietly near $1.38 as volatility compressed across crypto markets, with traders positioning ahead of U.S. inflation data that could trigger the next directional move. News Background XRP has entered a period of consolidation as broader crypto markets adopt a cautious tone ahead of key macroeconomic data. Investors are closely watching the upcoming U.S….
The European Central Bank on Wednesday unveiled the timeline for the eurozone’s initiative to shape the development of a tokenized wholesale financial ecosystem based around the single currency and ensure the euro’s continued relevance as an international currency. The strategy comprises Pontes, a distributed ledger technology (DLT) layer for transactions seen debuting in the third…
Welcome to our institutional newsletter, Crypto Long & Short. This week: Sylvia To on AI agents choosing denationalized money Top headlines institutions should pay attention to by Francisco Rodrigues Kamino hits $90M in OnRe liquidity while $KMNO drops 16% in Chart of the Week Thanks for joining us! -Alexandra Levis Expert Insights Hayek predicted it,…
Stablecoin users won’t benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit Insurance Corp. (FDIC) Chairman Travis Hill. He also specified that the ban will include protections known as “pass-through insurance” in which financial firms obtain the government protections on behalf of…
The U.S. markets regulators are melding their operations in the places where the duties of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) overlap, and building a crypto oversight framework is listed among the core aims of a written agreement released on Wednesday. Most of the objectives of the memorandum…
Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, has begun a share buyback that values the company at about $50 billion, according to a person familiar with the matter. The blockchain payments firm is planning to repurchase up to $750 million in shares from investors and employees through a tender offer…
Crypto platform Bullish (BLSH), which operates an institutional-only crypto exchange business, climbed into the top three centralized crypto exchanges by spot trading volume for the first time in February, overtaking Coinbase (COIN) as trading activity across the industry slowed, according to CoinDesk Data’s February Exchange Review. Spot trading volumes on Bullish, which is the parent…
Bitcoin’s resilience during the latest bout of global macro stress is starting to turn heads on trading desks. The largest crypto climbed to just shy of $71,000, up roughly 7% from Sunday evening lows, even as geopolitical tensions escalated over the Iran conflict and markets grappled with risks ranging from oil supply disruptions to stress…
