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The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation. UK…
When Mark Lee was a law student at Harvard, a trademark class exposed him to the staggering scale of counterfeiting, an illicit industry worth more than $3 trillion annually, and set him on an unexpected path to entrepreneurship. “I was always broadly interested in technology and startups, but I never really thought I’d be an…
Capital Group has turned a $1 billion bet on Bitcoin treasury stocks into $6 billion, with major holdings in Strategy and Metaplanet. Capital Group, a 94-year-old mutual fund powerhouse known for its conservative investment approach, has grown a $1 billion position in Bitcoin-related stocks into more than $6 billion. Mark Casey, a portfolio manager with…
Spot Bitcoin ETFs pulled in $642 million and Ether ETFs added $405 million on Friday amid renewed institutional demand. Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build. On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of…
Galaxy Digital’s Alex Thorn says the market is “underpricing” the odds of a US Strategic Bitcoin Reserve forming this year, though others are skeptical. There is a high likelihood that the United States government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year, says Galaxy Digital’s head of firmwide research,…
In comments to Cointelegraph, Kalshi claimed that Massachusetts is “trying to block Kashi’s innovations by relying on outdated laws.” Prediction market platform Kalshi has vowed to fight a new lawsuit from the US state of Massachusetts, which accuses the company of offering unlicensed sports betting to residents. “We are proud to be the company that…
A coalition of UK trade groups has urged the government to include blockchain and digital assets in its planned “Tech Bridge” collaboration with the US. United Kingdom trade groups urged the UK government to include blockchain technology in the “Tech Bridge” technology collaboration with the United States. A dozen UK trade groups representing the finance,…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair…
The SEC has extended deadlines for crypto funds tracking Solana and XRP, along with proposals targeting Ether staking. The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new…
The Protect Progress PAC spent more than $1 million to support James Walkinshaw in a primary for the congressional seat, in a race that could narrow Republicans’ House majority. Voters in the US state of Virginia’s 11th congressional district will choose a replacement for late Representative Gerry Connolly in a special election that could be…