Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble. “People who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if we’re in such a shitty place domestically,” Novogratz told Natalie Brunell…

S&P Dow Jones Indices (S&P DJI) is in discussions with major exchanges, custodians and DeFi protocols to license and list tokenized versions of its benchmarks, according to Stephanie Rowton, the firm’s director of US equities. Rowton told Cointelegraph that the index provider is taking a “strategic approach” to ensure tokenized S&P products are launched only…

The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies. “They have a reputation for leadership, legislation,…

US-based spot Bitcoin and Ether exchange-traded funds (ETFs) just logged their strongest week of combined trading volume yet, according to an ETF analyst. “Biggest week ever for them, thanks to Ether ETFs stepping up big,” ETF analyst Eric Balchunas said in an X post on Friday. Ether ETFs were “asleep” for 11 months, says Balchunas “Ether ETFs’…

The Federal Reserve Board said that it would end a “novel activities supervision program” set up in 2023 to supervise certain activities related to crypto assets and distributed ledger technology. In a Friday notice, the Fed said it will sunset the program created in August 2023 and return to “monitoring banks’ novel activities through the normal supervisory…

Key takeaways Airlines and travel agencies, including Emirates, Air Arabia, Travala and Alternative Airlines, now support cryptocurrency payments for bookings, targeting tech-savvy travelers and digital nomads. Travelers can pay with Bitcoin, Ether, stablecoins and other digital assets via checkout or gift cards, depending on the platform. The UAE’s initiatives, such as Dubai’s Virtual Assets Regulatory…