Cryptocurrency-focused pension funds are attracting increasing attention from younger adults, reflecting a shift in how new generations view digital asset investments. Up to 20% of Gen Z and Alpha are open to receiving pensions in cryptocurrency, according to a Jan. 16 Bitget Research report shared with Cointelegraph. Moreover, 78% of the respondents expressed greater trust…
Republican Senator Tim Scott, recently elected chair of the US Senate Banking Committee, announced that developing a regulatory framework for digital assets would be one of the body’s priorities in the 119th Congress. In a Jan. 15 notice, Senator Scott said the Banking Committee intended to focus on policies for financial inclusion that “create opportunity” in the…
The decentralized launch of the Hyperliquid (HYPE) token may usher in a “new era” for onchain fair launch cryptocurrencies following some disappointing token launch events on centralized exchanges. After staging the most valuable airdrop in crypto history, the Hyperliquid token came into the spotlight for its decentralized distribution, which excluded venture capital (VC) firms and early investors. During…
Emerging cryptocurrency-based exchange-traded products (ETPs) may attract significant new investment if approved, according to banking giant JPMorgan. More investors are betting on the approval of the first spot Solana and spot XRP exchange-traded funds (ETFs) with expectations of a more innovation-friendly regulatory regime in the US after President-elect Donald Trump’s inauguration on Jan. 20. In a Jan. 13…
Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation. In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The company said…
Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying. Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…