Ethereum short positions surge 500% as hedge funds bet on decline
Ethereum may also lack fundamental blockchain activity for an Ether price recovery, analysts told Cointelegraph. Source link
Florida Sen. Gruters proposes Bitcoin investment bill for state funds
Florida Senator Joe Gruters argued that the state “should have access to tools such as Bitcoin to protect against inflation.” Source link
Tokenized funds go on-chain as Sui, Libre Capital expand blockchain finance
Sui users could soon benefit from expanded access to tokenized funds through a new partnership between the blockchain platform and Libre Capital. The initiative will leverage the Sui (SUI) blockchain and is aimed at institutional and accredited investors. Its unveiling follows the launch of Libre Capital Gateway on Sui. Libre Capital’s partnership with the layer […]
Bitcoin reserves and sovereign wealth funds in the US, explained
Congress is advancing crypto regulation, but confusion remains over sovereign wealth funds and Bitcoin reserves. Source link
Canada to get its first leveraged crypto ETFs as Evolve Funds files prospectus: report
Canada’s ETF market may soon feature leveraged crypto funds as Evolve Funds moves to launch new Bitcoin and Ethereum products. For quite some time, Canada‘s crypto exchange-traded fund scene has been losing investors to the U.S. as lower fees, higher trading volumes, and the launch of spot Bitcoin ETFs in the U.S. have drawn capital […]
South Korean P2P CEO accused of using client funds to buy crypto
The CEO of a major South Korean P2P lender has been accused of using funds for a construction project to make personal crypto purchases. According to a report by local media outlet NBN Media, an unnamed investor and private equity fund operator has been investing money into the P2P financial lender’s construction project since 2018. […]
WazirX must pay back 80% of stolen funds, court orders
Singapore High Court has accepted WazirX’s reorganization plan, which will allow the exchang to repay 75% to 80% of the stolen customer monies. Despite the court’s decision, many victims remain suspicious! A Singapore High Court has approved a payment restructuring plan for the victims affected by the WazirX crypto scam. The restructuring plan was approved on Jan. 23, 2025, under the Company’s Act. 1967, which regulates and sets guidelines on the operation of companies in India. The Singapore High Court also ruled that […]
Blockstream launches two Bitcoin investment funds
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs. Source link
Kansas bill aims to allocate 10% of retirement funds to Bitcoin ETFs
The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program. Source link
Unofficial Barron Trump coin nets over $1m in rugged funds
BARRON, an unofficial meme coin named after Donald Trump’s son, rewarded an insider wallet with $1.05 million after dumping it for Solana. On Jan. 20, a fake BARRON meme coin was launched amidst the official presidential meme coins, TRUMP (TRUMP) and MELANIA (MELANIA). Despite being unofficial, many traders were quick to jump on the Solana-based […]
