Crypto

The fund would offer exposure to staked Solana via JitoSOL, tracking staking rewards.

One of the investment manager's funds has reached phenomenal heights, accumulating a substantial stash of Bitcoin that few others possess.

Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research. Despite this week’s market downturn, some analysts predict that the inclusion of digital assets in US 401(k) retirement plans may unlock billions of dollars in new inflows by the fall, potentially driving Bitcoin to record highs. This “bullish” development may push Bitcoin (BTC) above $200,000 before the end of the year, signaling another $122 billion worth of new capital while assuming a modest 1% portfolio allocation, André Dragosch, head of European research at crypto asset manager Bitwise, told Cointelegraph. Corporate Bitcoin treasury acquisitions continue to attract new entrants, such as the Nasdaq-listed healthcare service provider and Bitcoin treasury firm KindlyMD, which made its first Bitcoin investment of $679 million on Tuesday. Read more

The forecast, which was published on Thursday, came amid renewed interest in stablecoins from several governments around the world. The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points (BPS), contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote: Read more

Follow real-time updates as Ethereum edges within striking distance of a new record high. The post Ethereum Price Live: ETH Hits New All-Time High Above $4,880 appeared first on Cryptonews.

Ethena Labs has expanded the list of eligible assets to support its synthetic dollar, USDe, by approving BNB, XRP, and Hyperliquid’s HYPE. The move is part of a new Eligible Asset Framework that sets clear benchmarks for which tokens can be used in the stablecoin’s collateral system. Liquidity concerns According to the Ethena Risk Committee, […] The post Ethena Labs targets $20B USDe growth as it adds BNB, XRP, HYPE to its collateral framework appeared first on CryptoSlate.

Has the lawsuit finally concluded after almost five years?

Grayscale just made history by filing an ETF application for Dogecoin, marking the first-ever ETF for a memecoin. And it’s no surprise it’s for Dogecoin (DOGE), one of the oldest in the game.The SEC recently set a deadline for resolving ETF applications for various coins, including Dogecoin, by October. The excitment around approval is pretty […] The post Doge Price Prediction: Forming Double Bottom – Saved By Powell? appeared first on Cryptonews.

The Philippines Strategic Bitcoin Reserve Act mandates annual Bitcoin acquisitions by the Bangko Sentral ng Pilipinas to build a 10,000 BTC reserve locked for two decades. The post Philippines Proposes Massive 10,000 Bitcoin Buy for Strategic Reserve appeared first on Cryptonews.

Bitcoin Price Prediction: BTC spiked to $116K after Powell’s Jackson Hole caution. FedWatch sees 87% odds of a September cut, with $112K key support. The post Bitcoin Price Prediction: Sudden $116K Spike Meets Powell’s Jackson Hole Caution appeared first on Cryptonews.

Igloo Inc. CEO Luca Netz discussed how Pudgy Penguins aims to grow its brand and business and increase its access to capital amid the bull market in 2025. He touched upon several trends in Web3, including crypto treasury firms, tokenized stocks and the resurgence in sports and other big-brand partnerships.

Rising spot ETF demand, extremely strong technicals and a supply shortage could push ETH price to $6,000 before the end of 2025. Key takeaways: ETH surged 13% on Friday after Federal Reserve Chair Jerome Powell’s dovish Jackson Hole speech hinted at an interest rate cut in September. Onchain and technical indicators signal Ether’s potential to hit $6,000 in the short term. Read more

Look! In the sky! It's a flying burrito! Chipotle's drone test with Zipline starts this week in Rowlett, Texas, promising faster food deliveries.

The oracle network's native token smashed through resistance levels, hitting its strongest price since December.

Institutional adoption, inflation-hedge demand, and the nature of bitcoin’s fixed supply, will propel the cryptocurrency to new highs, the report said.

Hollywood, the world’s oldest national film industry worth billions, faces new challenges as film makers struggle to remain in control of their data, IP rights and financial earnings.At the same time, moviegoers that once visited theatres to watch films have begun streaming movies at home. The issues facing the film industry have resulted in declining […] The post Hollywood Embraces Blockchain: Ron Perlman Launches Decentralized Film and TV  Platform appeared first on Cryptonews.

Claude, Anthropic’s the flagship AI assistant, predicts that XRP, Solana and Dogecoin may be the top performers to watch over the coming weeks. If the forecasts hold true, investors could be looking at handsome returns before 2025 wraps up.At the moment, though, the ride remains bumpy. Just last Thursday, Bitcoin set a fresh all-time high […] The post Anthropic’s Claude AI Predicts the Price of XRP, SOL, and DOGE By End of 2025 appeared first on Cryptonews.

Crypto-related stocks, like Bitcoin treasuries and exchanges, rose Friday following dovish talk from Federal Reserve Chair Jerome Powell.

The crypto market rallied more than 4% to reclaim the $4 trillion mark after Federal Reserve Chair Jerome Powell signaled that US interest rates could be lowered in September. In his speech at the Jackson Hole symposium in Wyoming, Powell said: “The baseline outlook and the shifting balance of risks may warrant adjusting our policy […] The post Powell’s ‘dovish’ comments trigger crypto market cap climb to above $4 trillion appeared first on CryptoSlate.

A mining ban went into effect in the African nation in April 2024, followed by Chinese officials warning residents not to “support or engage in virtual currency mining activities.” The International Criminal Police Organization, or Interpol, announced more than a thousand arrests and the seizure of about $100 million as part of a crackdown that included cryptocurrency miners and fraudsters. In a Friday notice, Interpol said it had coordinated with authorities in Angola to dismantle 25 crypto mining centers being illegally run by 60 Chinese nationals. The organization said it had seized equipment worth more than $37 million, which the Angolan government plans to distribute to “vulnerable areas.”  Read more