Cathie Wood’s ARK bags $26M in Coinbase shares, unloads Bitcoin ETF

Cathie Wood’s investment firm ARK Invest is showing a mixed reaction to the United States’ latest trade tariffs, offloading shares of its spot Bitcoin ETF while increasing its position in Coinbase. ARK has acquired $26.6 million of Coinbase (COIN) stock since US President Donald Trump announced new trade tariffs on April 2, according to trading … Read more

VC Chamath Palihapitiya Predicts Bretton Woods 2.0 as Trade War Endgame

Palihapitiya believes that Trump is allowing time for tariffs to settle down, enabling other countries to feel the effects of these measures on global trade volumes. After this, Trump would negotiate a global agreement to establish a Bretton Woods 2.0 system. Venture Capitalist Chamath Palihapitiya Trusts Trade War Will End With a Bretton Woods 2.0 … Read more

The gold standard is back — Stablecoins need to rethink what ‘backing’ really means

Opinion by: William Campbell, advisory lead at USDKG Stablecoins were heralded as a breakthrough in the cryptocurrency space as a way to marry the lightning-fast, borderless nature of digital assets with the stability of traditional currencies. They achieve this by pegging their value to reserves like fiat currencies or commodities. Stablecoins are engineered to maintain … Read more

Galaxy Digital Secures SEC Approval for US Listing

Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective its Registration Statement on Form S-4, paving the way for the company’s reorganization and domestication from the Cayman Islands to Delaware, as well as its proposed listing on the Nasdaq Global Select Market. The company has scheduled a special … Read more

Binance Integrates Apple Pay and Google Pay Through Worldpay

Binance has partnered with Worldpay to integrate Apple Pay and Google Pay into its fiat-to-crypto ecosystem, making it easier for users to purchase crypto using familiar payment methods. Binance Taps Apple Pay and Google Pay to Expand Fiat-to-Crypto Access Binance is bringing crypto one step closer to the mainstream with the integration of Apple Pay … Read more

US to get its first XRP-based ETF, launching on NYSE Arca

Asset manager Teucrium Investment Advisors is set to launch the first XRP-based exchange-traded fund in the US markets, a leveraged XRP (ETF) on the NYSE Arca. The Teucrium 2x Long Daily XRP ETF will seek to offer investors two times the daily return of the XRP (XRP) token with a 1.85% management fee and annual … Read more

Coinshares: Digital Asset Funds See $240 Million Outflows Amid Global Economic Jitters

Digital asset investment products experienced $240 million in outflows last week, primarily driven by concerns over global economic headwinds. However, blockchain equities attracted $8 million in inflows as investors capitalized on recent price dips. Crypto Fund Outflows Hit $240M, but Blockchain Equities Draw Fresh Inflows Digital asset funds faced $240 million in outflows last week, … Read more