A report from The Information indicates that several major Wall Street financial institutions are positioning themselves to deepen their involvement in cryptocurrency markets. Among them, State Street and Citigroup are said to be preparing to introduce crypto custody services. Sources Claim State Street Is Preparing for Crypto Custody Rollout in 2026 State Street, a global
Over 50 non-crypto companies, including global banks and luxury brands, are building blockchain-based products on Ethereum and its layer two networks, focusing on NFTs, tokenized assets, and scalable infrastructure, according to a Galaxy Digital report. Traditional Finance and Retail Giants Bet on Ethereum’s L2 Networks More than 50 traditional companies, including financial institutions like Deutsche
XRP is trading at $2.78 with a market capitalization of $160 billion, a 24-hour volume of $5.37 billion, and an intraday price range of $2.70 to $2.82, demonstrating active market engagement and bullish momentum. XRP XRP’s one-hour chart reveals a distinct upward trend, with XRP recently reaching $2.836 before stabilizing near that level. Buying pressure
The staking ecosystem is growing rapidly, with rising institutional interest and potential regulatory oversight. Everstake, a blockchain validator, secures over 80 cryptocurrencies and supports some of the industry’s leading networks. In an exclusive interview, Sergey Vasylchuk, Everstake CEO discussed the platform’s origins, the challenges of staking, regulatory developments, and the role of governance in blockchain
Bloomberg has launched two new indices that combine bitcoin and gold, so investors can track both digital and traditional assets. The new indices, the Bloomberg Bitcoin and Gold Equal-Weighted Index (BBIG) and the Bloomberg Dollar, Bitcoin, and Gold Equal-Weighted Index (BBUG), balance bitcoin’s growth with gold’s stability. This is a big step in the evolution
The acquisition of a minority stake in Juventus Football Club by Tether marks a strategic move into the sports industry which aligns with the company’s broader vision of integrating blockchain, AI, and digital assets into mainstream sectors. Tether Intends to Broaden Crypto Adoption in Sports Tether has announced its acquisition of a minority stake in
London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF) in 2024. The details were revealed in a routine regulatory filing submitted on Thursday to the SEC. The move marks a sharp shift in the
Tether Helps Us Regulators FOX Business reporter Eleanor Terrett reported that top stablecoin issuer firm Tether has been working with the US regulators to create more systematic rules & laws for the regulation of fiat-pegged stablecoins. Also, reportedly, Tether CEO Paolo Ardoino said that his team is engaged with the lawmakers to advance the relevant
El Salvador’s Bitcoin Law changes create a complex situation where bitcoin is both legal tender and not, as Samson Mow’s analysis highlights the deeper implications. Bitcoin No Longer ‘Currency’ in El Salvador—Here’s What That Actually Means Changes to El Salvador’s Bitcoin Law have ignited discussions about whether bitcoin retains its status as legal tender. Samson
Key Points: Coinbase’s Re-entry into India – After nearly two years, Coinbase is preparing to resume operations in India, focusing on UPI-linked services. Past Challenges – In 2022, Coinbase attempted to launch UPI payments but was blocked by NPCI and later faced informal pressure from the RBI, leading to its exit in 2023. Regulatory Compliance