Crypto News

Gold prices initially surged after the Trump administration announced reciprocal tariffs on Swiss gold bars, briefly exceeding $3,400 per ounce. The gains appeared to reverse after the White House clarified that an executive order would exempt gold bars from these tariffs. Tariffs Cause Chaos in Gold Market Before Clarification Gold’s price gains, made hours afterSource link

Harvard is the latest major institution to buy Bitcoin via regulated investment vehicles.Source link

Over the past week, the crypto economy has been on the rise, with the artificial intelligence (AI) sector of crypto assets climbing 6% and crossing into the $32 billion range. AI Crypto Market Powers Through Hot Streak AI-linked digital tokens, which marry blockchain with AI technology, also posted a 4.94% daily lift. These coins oftenSource link

Harvard Management Company, which oversees the university’s $50 billion endowment, disclosed a $116 million position in BlackRock’s iShares Bitcoin Trust (IBIT) in its latest quarterly filing with the U.S. Securities and Exchange Commission (SEC).The stake, reported in a Form 13-F on Friday covering holdings as of June 30, 2025, represents one of the largest known bitcoin allocations by a U.S. university endowment. IBIT, launched in January of last year, is a spot bitcoin exchange-traded fund that allows investors to gain exposure to the cryptocurrency without directly holding it.The position places the university among a growing cohort of institutional investors — from hedge funds to pension systems — adding regulated bitcoin products to their portfolios.The disclosure comes as total assets across...

On Aug. 8, data from Polymarket revealed that the chances of the U.S. Securities and Exchange Commission greenlighting a Ripple ETF soared to almost 90%. End of Legal Battle Removes Key Hurdle The odds of the U.S. Securities and Exchange Commission (SEC) approving a Ripple exchange-traded fund (ETF) briefly jumped to just under 90% onSource link