Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Sygnum Bank AG, a leading cryptocurrency-focused financial institution, has officially reached unicorn status, surpassing a $1 billion valuation after a successful $58 million equity funding round. The Swiss-based bank, which manages over $5 billion in client assets, plans to use the new capital to fuel its expansion in Europe and
Finance
Remixpoint, a Tokyo-listed energy consulting firm, is making waves in the cryptocurrency world with its latest Bitcoin purchase. The company recently acquired an additional 33.34 BTC, worth approximately $3.2 million, bringing its total Bitcoin holdings to nearly $32 million. This move reflects a growing trend among corporations globally
Finance
Intesa Sanpaolo, Italy's largest bank, has made its first direct purchase of Bitcoin, marking a significant step for a major European financial institution into the world of cryptocurrencies. The bank bought approximately 11 Bitcoin, worth around 1 million euros ($1 million), signaling a growing interest in digital assets
Finance
A top official at the Federal Deposit Insurance Corporation (FDIC) is advocating for a major shift in how U.S. regulators approach the cryptocurrency industry. FDIC Vice Chair Travis Hill, in a recent speech, criticized past agency actions that he believes stifled innovation and created an environment of undue caution
Finance
Tether Holdings Ltd., the company behind the world's largest stablecoin, USDT, is planning a major shift. The company announced on Monday its intention to relocate its corporate entity and subsidiaries to El Salvador, following its recent acquisition of a digital asset service provider license in the Central American
Finance
MoonPay, a leading cryptocurrency infrastructure provider, has acquired Helio, a prominent Solana-based payment application, for $175 million, the company announced Monday. The acquisition aims to enhance MoonPay's existing payment services and further solidify its position in the cryptocurrency payment sector. Helio, established in 2022, provides tools for merchants
Finance
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin strategy, has added another 2,530 BTC to its already substantial holdings. The purchase, valued at approximately $243 million, brings the company's total Bitcoin treasury to a staggering 450,000 BTC, worth over $40 billion at current prices.
Finance
Could This Fintech Giant Bring Bitcoin to the S&P 500? Block, the fintech company founded by Jack Dorsey, is making waves with its bold Bitcoin strategy. According to Matthew Sigel, Head of Digital Assets Research at VanEck, this strategy could soon make Block the first company in the
Finance
In 2024, the number of financial advisors incorporating cryptocurrencies into client portfolios doubled, reflecting a surge in interest fueled by Bitcoin’s record-breaking performance and the growing adoption of spot Bitcoin ETFs. According to a survey by Bitwise Asset Management and analytics firm VettaFi, 22% of financial advisors now allocate
Finance
Grayscale Investments has significantly increased its Bitcoin and Ethereum allocations within its Digital Large Cap Fund, now comprising 73.52% Bitcoin and 16.16% Ethereum, totaling a 90% stake. This adjustment was made during the fund’s fourth-quarter 2024 rebalancing, reflecting strategic shifts in the cryptocurrency market. In the latest
Finance
The battle for dominance in the smart contract platform arena continues, with Ethereum and Solana emerging as two of the leading contenders. In its "2025 Look Ahead" report, Fidelity Digital Assets, the cryptocurrency arm of financial giant Fidelity Investments, offered its perspective on the strengths and weaknesses of
Finance
Singapore-based SoSoValue, a leading crypto market data provider, has achieved a significant milestone. The company recently closed a $15 million Series A funding round, propelling its valuation to a staggering $200 million. This impressive feat underscores the growing demand for user-friendly crypto investment tools. The funding round, co-led by venture