Crypto News
Litecoin (LTC) Surges Amid ETF Optimism and Adoption: Can It Break $100?
Litecoin (LTC) rallies on ETF approval hopes, growing adoption, and technical momentum. As traders eye the $100 mark, here's a detailed analysis of recent trends. (Read More)Source link
Akon’s Futuristic Crypto City Officially Terminated
The Akon City project, a high-profile initiative by singer Akon, has been officially terminated following an agreement between Akon and a state owned enity. Akon City Terminated Amidst Construction Delays The futuristic crypto-themed Akon City project, a high-profile initiative from Senegalese-American singer and entrepreneur Akon, has been officially terminated. Akon and the Senegalese Coastal DevelopmentSource link
EU and UK Crypto Allocations Surge: Half to Devote 5%+ of AUM by 2025
Institutional investors across the EU and UK are significantly increasing their cryptocurrency allocations, with 86% planning to boost holdings or enter the market in 2025, according to a Coinbase and EY-Parthenon survey of 97 institutions. DeFi Engagement Set to Jump 2.5x in European Institutions Half of respondents intend to allocate over 5% of their assetsSource link
Blackrock’s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days
Blackrock’s IBIT has officially become the fastest exchange-traded fund (ETF) to reach $80 billion in assets under management (AUM), hitting the milestone in just 374 days and helping push total spot bitcoin ETF assets past $140 billion. IBIT Rockets to $83 Billion, Fueling Spot Bitcoin ETF Boom Past $140 Billion Blackrock’s iShares Bitcoin Trust (IBIT)Source link
House Democrats Struggle to Approach ‘Crypto Week’ With Unified Front
Some Democrats are pledging to punish other party members who support what they see as “Trump’s crypto corruption.” Leadership has largely stayed out of the fight.Source link