Citigroup, JP Morgan, Goldman Sachs lead TradFi’s blockchain charge: Ripple

    Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most…

    BlackRock Bitcoin ETF set for ‘monstrous lead’ with SEC options boost

    BlackRock’s market-dominating spot Bitcoin exchange-traded fund may get bigger after the US Securities and Exchange Commission increased position limits for many Bitcoin funds, according to crypto financial services firm NYDIG. The SEC on Tuesday increased the number of allowed options contracts from 25,000 to 250,000 “for all ETFs with options,” which includes the iShares Bitcoin Trust ETF…

    CFTC starts ‘crypto sprint’ with SEC following White House plans

    The US Commodity Futures Trading Commission has launched a “crypto sprint” to begin implementing crypto-related recommendations the Trump administration released on Wednesday. CFTC Acting Chair Caroline Pham said on Friday that the agency would “work closely” with Securities and Exchange Commission Chair Paul Atkins and Commissioner Hester Peirce on its “Project Crypto” initiative announced on Thursday. “The CFTC…

    China’s crypto liquidation plans reveal its grand strategy

    Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association  Last week’s announcement of Hong Kong’s LEAP Digital Assets Policy Statement 2.0 was made with much anticipation and fanfare. The government of Hong Kong promised a comprehensive regulatory framework that will unify licensing and “expand the suite of tokenised products.” Yet beneath the hype and visible…

    ARK Invest scoops up Coinbase, BitMine shares amid stock dips

    ARK Invest has seized the recent stock market dip to boost its stakes in major US crypto exchange Coinbase and Bitcoin miner BitMine Immersion Technologies. The Cathie Wood-led firm added a total of 94,678 shares of Coinbase (COIN) across three of its funds, including the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW)…

    Bearish Arthur Hayes says Bitcoin could retrace to $100K on macro headwinds

    Maelstrom Fund chief investment officer Arthur Hayes has warned that mounting macroeconomic pressures could drag Bitcoin back down to the $100,000 level — and he’s already taken crypto profits in anticipation. Hayes linked the recent crypto pullback to renewed tariff fears sparked by the disappointing Non-Farm Payrolls report, which showed just 73,000 new jobs added…