Institutional investors are deepening their involvement in digital assets and emerging technologies such as blockchain and AI, according to a new State Street report — though many remain split on whether decentralized finance can ever fully blend with traditional markets. The study found that digit
US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin (BTC) reeling below $110,000 at this writing. The US president said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for
Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash piles. The surge comes as Bitcoin hit a new all-time high above $126,000 this
This year, Texas’ legislature passed a law to establish a strategic Bitcoin reserve in the state, opening the door for other cryptocurrencies in the future. According to the original sponsor of the bill, Ether could be the next reserve asset. Speaking to Cointelegraph on Thursday, Texas state
A group of banks is in the process of exploring the launch of stablecoins focused on some of the world’s biggest fiat currencies, including the US dollar, euro and Japanese yen. According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and
Key takeaways: Bitcoin’s correlation with Nvidia has surged to 0.75, its highest in a year. Analysts fear such a correlation may result in BTC price dropping by up to 80%. Bitcoin (BTC) and Nvidia stock (NVDA) are now moving more in sync than at any point in the past year. That has some market w
Key takeaways SWIFT powers most of the world’s bank transfers through its messaging network, while Ripple uses XRP to make cross-border payments faster and cheaper. Beyond payments, XRP is also used for remittances and is being explored for tokenized loyalty and DeFi applications, with
Key points: Bitcoin’s Mayer Multiple suggests that BTC is closer to “oversold” than “overbought” — even at all-time highs. The gauge has barely moved in recent months as BTC price struggles to seal a decisive breakout. Expectations no longer favor a blow-off top this month. Bitcoin (BTC) is “ic
A privacy coalition has urged the Irish government to abandon work on a pre-draft bill that would grant law enforcement access to encrypted messages. Ryan Polk, an author at the Global Encryption Coalition (GEC), which advocates for and defends encryption worldwide, penned an open letter on
Financial institutions are quickly waking up to the “debasement trade,” according to commentators, which could be a boon for assets such as gold and Bitcoin Institutions have a new concept to cling to called the “debasement trade,” which will be the thing that protects them, said entrepreneur