Bloomberg ETF analyst James Seyffart believes the next phase of adoption for crypto exchange-traded funds (ETFs) will be driven by financial advisers, wirehouses, and brokers managing assets for high-net-worth individuals. Speaking on the “Coin Stories” podcast, Seyffart outlined how these financial institutions, which oversee trillions of dollars in assets, could play a central role in…
Bolivia has authorized its state-run energy company, YPFB, to use crypto for fuel imports as the country struggles with a worsening dollar shortage and fuel crisis. The government approved the move to sustain fuel subsidies and secure essential energy supplies amid declining foreign currency reserves. Gas stations across Bolivia have seen long lines as fuel…
MGX has invested $2 billion in Binance, potentially marking one of the biggest funding deals in the industry’s history. This initiative represents the Abu Dhabi-based investment firm’s first entry into the digital asset and blockchain sectors, securing a minority stake in Binance. A Strategic Deal for Crypto and Blockchain Innovation In a March 12 announcement,…
The outlook for Bitcoin (BTC) is showing signs of improvement as stablecoin liquidity increases and key market indicators signal a potential reversal of the recent deep correction. CryptoQuant highlighted a significant expansion in the market capitalization of Tether USD (USDT), which usually leads to rising Bitcoin prices. USDT’s market capitalization has grown by $5.75 billion…
Ethereum (ETH) developers are set to launch Hoodi, a new long-lived testnet, on March 17 as they work to resolve ongoing challenges with the highly anticipated Pectra upgrade. The testnet will primarily focus on validator exit mechanisms, one of the final hurdles before Pectra can move forward. Broader testing will continue on Ethereum’s Sepolia and…
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone in assets on Thursday, Securitize said. Pushing the fund’s size above the threshold was a $200 million allocation this afternoon by crypto protocol Ethena, a Securitize spokesperson told CoinDesk. Ethereum blockchain data by Arkham Intelligence…
[PRESS RELEASE – London, United Kingdom, March 13th, 2025] PayX has announced the launch of its pre-sale, introducing an early participation phase for its digital payment platform. Designed to address common challenges in traditional payment systems—such as transaction speed, fees, and security—PayX aims to offer a more efficient and cost-effective global payment solution. The digital…
Blockchain-based payments provider Ripple has received regulatory approval from the Dubai Financial Services Authority (DFSA), becoming the first company of its kind to be licensed in the Dubai International Financial Center (DIFC). The U.S.-based firm will now be able to offer fully regulated cross-border crypto payments in the United Arab Emirates (UAE), which boasts a…
[PRESS RELEASE – Singapore, Singapore, March 13th, 2025] Aethir, a provider of decentralized cloud gaming infrastructure, has been featured in a newly released case study by SuperScale, a global expert in gaming user acquisition. The study provides an in-depth analysis of how Aethir’s cloud streaming technology enhances user acquisition strategies for gaming studios, presenting a…
[PRESS RELEASE – Dubai, UAE, March 13th, 2025] Somnia, the high-performance blockchain designed for fully on-chain applications, is unveiling its initial ecosystem of 14 decentralized applications (dApps) spanning DeFi, gaming, AI, social, metaverse and NFTs. The first wave of these dApps will go live on the Somnia Testnet, beginning with Playground, a web-based metaverse experience.…