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Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future
The State of Michigan Retirement System disclosed ownership of 300,000 shares of the ARK Bitcoin ETF as of June 30, or about $11.3 million worth at current prices.
Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital
The initiative is aimed at modernizing payment infrastructure and reducing settlement risk, Marex said.
Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin
The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.
Bitcoin ETFs Bleed Millions for 4th Straight Day as U.S. Stagflation Fears Weigh on BTC and Stocks
Investors withdrew $196 million from U.S.-listed bitcoin ETFs on Tuesday, while pouring money into ether ETFs.
China Warns Worldcoin-Style Iris Scanning a National Security Threat
A new advisory from China's Ministry of State Security highlights what it calls national security risks based on foreign firms collecting biometric data under the guise of crypto giveaways.
Asia Morning Briefing: Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s
As crypto equity markets become overcrowded and illiquid, Architect bets on building a Moody's-like credit rating system to unlock new pools of institutional capital.
Ripple’s Partnership With BDACS Pays Off as XRP Support Goes Live at Korean Crypto Custodian
BDACS launches XRP custody for institutions in Korea, deepening Ripple partnership and boosting regulatory alignment for XRP’s global institutional use.
Polygon Holds 3% Advance, Outperforming Broader Market
POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.
Coinbase Adds Embedded Wallets to Development Platform to Simplify Web3 Onboarding
The new tool is part of the Coinbase Developer Platform (CDP) and lets developers integrate self-custodial wallets into their apps without any hiccups.
Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher
Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.
