Crypto News
Bitcoin (BTC) Surges Past $100,000 Amid Macro Tailwinds
Bitcoin rebounds to $100,000 after a 32% drop earlier this year, driven by positive macroeconomic factors and increased institutional interest. (Read More)Source link
Bitcoin ETFs Cling to Inflow Momentum With $5 Million Net Gain
Bitcoin ETFs marked their fourth straight day of inflows, narrowly holding ground with a $5 million net gain led solely by Blackrock’s IBIT. Meanwhile, ether ETFs fell back into outflow territory, shedding $17.6 million. Bitcoin ETFs Extend Inflow Streak Despite Mixed Flows While Ether ETFs Resume Outflows Momentum may have slowed, but it hasn’t stopped.Source link
Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg
Andrew Peel has left his role as Morgan Stanley’s (MS) head of digital asset markets to launch a crypto investment and tech firm in Zug, Switzerland, Bloomberg reported Tuesday.The venture will focus on tokenized funds and trading tools bridging traditional finance and DeFi, according to Bloomberg.Peel, a former Credit Suisse trader who joined Morgan Stanley in 2018, stepped down in March and plans to start fundraising soon, according to the story.His exit comes as Morgan Stanley readies retail crypto trading on E*Trade next year, according to a report earlier this month, expanding beyond the bitcoin fund access it launched for institutions in 2021.Wall Street’s digital asset push is accelerating amid shifting U.S. policy and rising interest in tokenized funds from...
Robinhood to Acquire Kevin O’Leary-Backed WonderFi in $179 Million Deal
The deal is expected to close in the first half of 2025Source link
Saudi Arabia to Build AI Factories with HUMAIN and NVIDIA Partnership
HUMAIN and NVIDIA partner to establish AI factories in Saudi Arabia, enhancing the nation's position as a global AI leader with advanced infrastructure and workforce transformation. (Read More)Source link