Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold. Key takeaways: Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role. Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty….

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Crypto.com and Canary Capital to launch US CRO fund

Crypto.com and Canary Capital to launch US CRO fund

It’s the first US-regulated investment fund holding the Cronos chain’s native token, CRO. Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a…

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Who’s got the charm, cash and code to be a crypto hub?

Who’s got the charm, cash and code to be a crypto hub?

Several countries have announced multibillion-dollar plans to build out the world’s crypto hub, but five of the world’s financial centers stand out. Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies. Historically, these countries haven’t been top of mind for global crypto firms…

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VanEck launches 'Onchain Economy' ETF

VanEck launches 'Onchain Economy' ETF

The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE)…

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Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan’s digital minister says lifting crypto restrictions and expanding regulations could turn the country into Central Asia’s top blockchain hub. Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation, and aerospace industry. In…

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