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Circle acquires tokenization startup Hashnote, incubated by Cumberland Labs

Circle acquires Hashnote, enhancing yield-bearing collateral and integrating USYC with USDC to boost institutional adoption and enable seamless transactions in traditional finance.

theblock.co • 21/01/2025 - 17:16 PM

'Trump inauguration euphoria' prompts $2.2 billion in crypto fund flows and AUM all-time high: CoinShares

Global crypto funds saw net inflows of $2.2 billion last week, driven by U.S. funds and positive market conditions, reaching a record $171 billion in assets under management.

theblock.co • 20/01/2025 - 15:57 PM

JPMorgan says bitcoin dominance over ether and altcoins likely to continue in 2025

Bitcoin’s dominance over ether and altcoins is expected to persist through 2025, according to JPMorgan analysts. They attribute this potential trend to factors like bitcoin’s role in the debasement trade, ongoing MicroStrategy purchases and more.

theblock.co • 16/01/2025 - 21:48 PM

Crypto credit innovator Idle launches onchain private credit vault on Optimism

Idle has launched an onchain credit vault enabling direct lending to businesses, marking a significant development in DeFi, with tailored loan features and institutional-grade terms.

theblock.co • 16/01/2025 - 21:43 PM

The Daily: Trump 'receptive' to an 'America-first' crypto reserve, XRP hits new all-time high and more

Trump shows openness to a U.S.-based crypto reserve while XRP reaches a new high. Litecoin ETF approval appears imminent, and SEC disputes Ripple's legal ruling.

theblock.co • 16/01/2025 - 18:39 PM

HashKey predicts bitcoin to break through $300,000 in 2025

HashKey Group has set out 10 crypto predictions for 2025, including bitcoin and ether to surpass the $300,000 and $8,000 levels, respectively. The establishment of a U.S. strategic bitcoin reserve, the stablecoin market cap to exceed $300 billion and new crypto ETF approvals are also among the most anticipated expectations.

theblock.co • 15/01/2025 - 12:50 PM

SEC delays decision on Bitwise's proposed crypto index fund conversion to an ETF

The SEC has delayed its decision on converting Bitwise's crypto index fund into an ETF, while Osprey Funds plans to convert OBTC into an ETF after terminating an asset agreement.

theblock.co • 15/01/2025 - 10:51 AM

Italy's largest bank Intesa buys bitcoin for $1 million as a 'test': Reports

Intesa Sanpaolo becomes the first Italian bank to buy Bitcoin, acquiring €1 million worth in a proprietary trade, described as a test by CEO Carlo Messina.

theblock.co • 14/01/2025 - 12:53 PM

The Daily: Crypto asset manager says 'post-US election honeymoon is over,' AI agent token prices break down and more

Global crypto investment products attracted modest net inflows of $48 million last week as macro and monetary policy reasserted themselves, according to asset manager CoinShares. AI agent tokens have gone from dominating market mindshare to being dumped on the proverbial crypto scrap heap in the space of a week, with prices halving in some cases. Tether, the world’s largest stablecoin issuer, is “about to complete all formalities” to relocate to El Salvador after acquiring a Digital Asset Service Provider license in the country. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/01/2025 - 20:01 PM

Crypto OTC trading volume surged over 100% in 2024, driven by Trump win and institutional demand: Finery Markets

The cryptocurrency OTC market grew 106% in 2023, driven by positive developments like crypto ETFs and changing institutional attitudes, with strong expectations for continued growth in 2025.

theblock.co • 13/01/2025 - 18:48 PM

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