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Bitcoin
A key piece of financial infrastructure that combines tokenized assets with traditional banking was put to a true cross-border test this week. Ondo Finance said on Wednesday it had completed the first near-real-time cross-border redemption of a U.S. Treasury tokenized fund alongside JPMorgan Chase’s blockchain platform Kinexys, payments giant Mastercard and Ripple. The transaction, which…
Bank of New York, the world’s largest custodian with $59 trillion in assets under management, is expanding its digital asset custody business into the United Arab Emirates through local partners. The global financial services giant is partnering with Finstreet and the ADI Foundation to build regulated digital asset infrastructure in Abu Dhabi Global Market (ADGM),…
The Trump brothers’ bitcoin mining venture has cut the cost per bitcoin by nearly a quarter in three months, bucking industry trends. American Bitcoin Corporation (ABTC) said in a filing on Wednesday that the cost of mining one Bitcoin fell to approximately $36,200 in the first quarter, down 23% from $46,900 in the fourth quarter…
The Trump brothers’ bitcoin mining venture has cut the cost per bitcoin by nearly a quarter in three months, bucking industry trends. American Bitcoin Corporation (ABTC) said in a filing on Wednesday that the cost of mining one Bitcoin fell to approximately $36,200 in the first quarter, down 23% from $46,900 in the fourth quarter…
Bitcoin Bitcoin$81,362.41The world’s largest digital asset by market capitalization has risen from about $63,000 to more than $80,000 in the past three months, according to CoinDesk market data. The key signals that professionals are watching closely are all pointing in the same direction right now: $85,000. This rise isn’t just about price, it’s also about…
If Bitcoin lenders want institutional capital to continue flowing into the industry, they may need to become more like traditional financial companies, not less. Speaking at the Consensus 2026 conference in Miami, Alexander Blume, founder and CEO of institutional Bitcoin lender Two Prime, argued that the next phase of cryptocurrency credit growth will rely less…
Tushar Jain, co-founder and managing partner of Multicoin Capital, told Miami Consensus that Multicoin Capital has established a “significant position” in zcash (ZEC) and that the acquisition is related to the idea that private stores of value will become more important as finance moves on-chain. Jain did not disclose the size of the position. He…
Executives at Ondo Finance, Robinhood-owned Bitstamp and Babylon Labs say Wall Street’s long-anticipated migration into cryptocurrency is no longer a theory. However, institutional adoption remains slower and more fragmented than many in the industry once expected. Executives describe the financial industry’s growing adoption of blockchain rails, tokenized securities and crypto-native income products in “Are the…
Morgan Stanley is expanding its digital assets business by launching cryptocurrency trading on its E*Trade platform, positioning the product as a low-cost alternative to existing retail crypto services. According to Bloomberg, the bank is currently conducting a pilot to charge E*Trade users 50 basis points based on the value of the transaction. This is significantly…
Bullish (BLSH) shares soared more than 11% after the company spent $4.2 billion to acquire transfer agent Equiniti. The stock rose another 1.5% in premarket trading on Wednesday, with analysts viewing the deal as a game changer outside of cryptocurrency trading. The acquisition gives Bullish, a crypto platform led by former New York Stock Exchange…