Crypto markets stumbled as US President Donald Trump announced tariffs on aluminum and steel — the latest salvo in an escalating US trade war. Trump said that any “steel coming into the United States” and aluminum will be hit with a 25% tariff, according to a Feb. 9 report by the Associated Press. He also said that…
Tether CEO Paolo Ardoino predicts that quantum computing will eventually hack inactive Bitcoin wallets, returning the Bitcoin in those wallets to circulation. However, he says this is still a long way off. “Any Bitcoin in lost wallets, including Satoshi (if not alive), will be hacked and put back in circulation,” Ardoino said in a Feb….
Coinbase’s assets under management (AUM) make the cryptocurrency exchange worth more than the 21st largest bank in the United States, showcasing the continued growth of the crypto industry. Coinbase, the world’s third-largest centralized cryptocurrency exchange (CEX) by trading volume, is holding over $420 billion worth of digital assets on behalf of its users. The $420 billion AUM…
Real-world assets (RWAs) are gaining traction as investors seek stable, yield-generating alternatives amid Bitcoin’s recent price stagnation and global market uncertainties. RWA tokenization refers to financial products and tangible assets like real estate and fine art minted on the blockchain, increasing investor accessibility and trading opportunities of these assets. Bitcoin fell below the $100,000 psychological mark…
Stablecoins dominate cryptocurrency transactions in Brazil, according to Gabriel Galipolo, president of the Central Bank of Brazil. Speaking at a Bank for International Settlements event in Mexico City, Galipolo said digital asset use in Brazil has surged in the last three years, according to a report by Reuters. Galipolo said 90% of crypto use in the country…
US regulators said they need more time to decide whether to permit the trading of options tied to Ether exchange-traded funds (ETFs), according to a Feb. 7 regulatory filing. The filing was a response to Nasdaq ISE’s July request for permission to list options contracts for BlackRock’s iShares Ethereum Trust (ETHA). The US Securities and Exchange Commission now has until…
Richard Teng, the CEO of crypto exchange Binance, highlighted the importance of institutional investors and evolving regulations for the wider adoption of cryptocurrencies. The spot Bitcoin exchange-traded funds (ETFs) market in the US raked in $44.2 billion in its first year of operations since Jan. 10, 2024. In January 2025 alone, the Bitcoin ETF market recorded…
The 2024 US presidential election was a pivotal moment for the crypto industry that will shape crypto regulation. These developments will create new opportunities and accelerate decentralized finance’s (DeFi’s) integration with traditional finance. A new HTX Ventures report explores how Real-World Assets (RWA), stablecoins and regulatory developments may reshape the DeFi landscape. The report examines key opportunities…
Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs. Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, reportedly told the summit that the crypto platform would create a “strategic reserve”…
Cryptocurrency firm Tether is expanding the use of its USDt stablecoin in real estate transactions through a new partnership with Reelly Tech, a United Arab Emirates-based real estate platform. The partnership aims to simplify property transactions using Tether’s USDt stablecoin. As part of the partnership, Reelly Tech will offer its customers the opportunity to use…