Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange … Read more

Crypto ETFs Remain Under Pressure With $371 Million in Outflows for Bitcoin and $22 Million for Ether

On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin … Read more

Market Makers Accused of Helping Investors Bypass Locked Token Arrangements

Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books’ Some venture capital (VC) firms and angel investors reportedly have devised methods enabling them to offload locked-up tokens before they can be traded on the open market. According to a … Read more

SOL Strategies to Control Over 3.3 Million Staked SOL Following Major Validator Acquisition

Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.com Canadian … Read more

Franklin Templeton Seeks SEC Approval for Spot XRP ETF in Latest Crypto Push

Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency XRP. Franklin Templeton Files to Launch XRP ETF, Leveraging Coinbase Custody and Cboe Listing The proposed Franklin XRP ETF, … Read more

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Initiative 

Cantor Fitzgerald, a global financial services firm, is launching a bitcoin financing business to provide leverage to investors holding the cryptocurrency. Wall Street Firm Expands Into Bitcoin Leverage Services The New York-based company announced it will begin operations with $2 billion in initial financing, planning to expand significantly over time. The initiative aims to meet … Read more

Bitcoin ETFs Suffer $369 Million Outflow Amid Six-Day Withdrawal Streak

Bitcoin ETFs experienced a net outflow of $369 million, marking the 6th consecutive day of withdrawals, while ether ETFs saw a $38 million outflow, extending their decline to four days. No End in Sight for Outflows From Bitcoin and Ether ETFs The significant outflows from bitcoin and ether exchange-traded funds (ETFs) continued on Monday, Mar. … Read more

BITCOIN Act Revived to Bolster Federal Digital Asset Reserves, Address National Debt

Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to establish a U.S. Strategic Bitcoin Reserve, aiming to transform former President Donald Trump’s executive order into federal law. Sen. Lummis Reintroduces Bill to Codify Trump’s Strategic Bitcoin Reserve Plan The bill, dubbed the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act” (BITCOIN Act), proposes acquiring … Read more

Fidelity’s ETH ETF Seeks to Reinstate Staking via SEC Filing Amid New Regulatory Climate 

Cboe BZX Exchange has filed a proposal with the SEC to allow staking in Fidelity’s Ethereum ETF, reversing a 2024 decision to exclude the feature, as regulatory attitudes toward crypto evolve under the Trump administration. SEC Filing Reveals Fidelity’s Plan to Enable Staking in Ethereum ETF Cboe BZX Exchange filed a Form 19b-4 with the … Read more

Fold Adds 475 Bitcoin, Joins Top 10 U.S. Public Companies by BTC Holdings

Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves. Fold Expands Bitcoin Treasury to 1,485 BTC Fold Holdings, the first publicly traded bitcoin-native financial services company, has … Read more