Elon Musk’s new America Party has formally adopted Bitcoin (BTC) as a fundamental financial asset. Musk’s move to adopt Dogecoin comes on the heels of his growing disappointment with fiat currencies, one of which he recently described as “hopeless.” This decision is a step forward in the fluctuating landscape of...
Singapore is still reeling from the impact of a giant $2.2 billion money laundering scandal with the Fujian gang. The case catalyzed the scrutiny not only of its sprawling financial ecosystem’s key vulnerabilities, but the subsequent reforms introduced in rapid fire by regulators. With news stories of bank malfeasance circulating,...
Through his crypto curveball, Drake has again brought Bitcoin into the limelight. He even sneaks a mention of the cryptocurrency into his new revival-themed musical ditty, “What Did I Miss? The track officially released on Saturday. In it, Drake raps about how quickly his fortunes change like Bitcoin. Drake has...
Ethereum is currently in the midst of a major wave of institutional adoption which has greatly strengthened its market power in 2025. This unprecedented institutional accumulation was the fuel that sent Ethereum’s price soaring. More liquid staking activity and short liquidations sub-$2500 support level caused a quick pump, taking ETH...
The world of cryptocurrency presents a unique investment opportunity. It is made up of four separate layers, each with different risk profiles, roles in the market, and reasons for investment. These layers give varying degrees of exposure to the digital asset market. Consequently, they attract a diverse pool of investors,...
Corporations, banks and regulators have made a significant move to utilize Ethereum’s stablecoin ecosystem and tokenization capabilities. This adoption represents another big step toward making global finance fit for the future. Ethereum’s potential as a global, open, programmable infrastructure for finance can only be underestimated for so long.Earlier this June,...
AutoRek, a provider of automated reconciliation and financial controls solutions, has announced the launch of AutoRek Mion. This new solution further enhances Wolters Kluwer’s data management and reconciliation capabilities added for cryptocurrency and digital asset operations. The Glasgow, Scotland-based company—founded in 1994—works with businesses in banking, payments, asset management and...
The crypto security market is poised for substantial growth between 2024 and 2032, driven by increasing adoption of digital assets and the corresponding need for robust security measures. As of 2023, the overall market value is USD 4.06 billion. By 2032, it is expected to skyrocket to USD 21.21 billion,...
BlackRock's iShares Bitcoin Trust (IBIT) has reached a valuation of $69.7 billion, signaling a significant shift in Bitcoin's perception from a speculative asset to a legitimate investment vehicle. With zero sales since June 2024 and an average cost basis of $70,681, IBIT's performance reflects growing institutional confidence in Bitcoin's long-term...
According to Standard Chartered, Bitcoin could jump to $200,000 by 2025, driven by increasing institutional adoption and major ETF inflows. Geoff Kendrick, the bank's head of digital asset research, has consistently championed Bitcoin's long-term potential and argues that the cryptocurrency's driving forces have undergone a fundamental shift. His strong analysis...
