🗞 Catch up on the news over the last 24 hours! 🔥 BlackRock's Larry Fink and Rob Goldstein say tokenization "can modern…
🗞 Catch up on the news over the last 24 hours!
🔥 BlackRock's Larry Fink and Rob Goldstein say tokenization "can modernise the infrastructure that still makes parts of the financial system slow and costly," per The Economist.
🚨 XRP Ledger whale and shark wallets dropped in number over past 8 weeks, yet remaining holders accumulated to 7-year high of 48B coins collectively, per Santiment.
🚨 Tom Lee says crypto prices have fallen despite improving fundamentals, calling current risk/reward attractive for $BTC and $ETH.
🔥 Grayscale believes Bitcoin's four-year cycle thesis will prove incorrect, expecting $BTC to make new highs next year, in its latest research.
🇯🇵 Japan plans to apply flat 20% tax on crypto profits, aligning crypto levy with equities and investment trusts to foster domestic trading, Nikkei reports.
🔥 The Fed just called time on 3.5 years of Quantitative Tightening while quietly adding $13.5B to the banking system through overnight repos.
🔥 Circle announced the Circle Foundation, seeded with 1% of its equity, to back CDFIs.
🚨 Bank of America says its wealth clients could allocate up to 4% of their portfolios to crypto.
🚨 Michael Saylor’s strategy team said they would consider lending Bitcoin in the future, according to Bloomberg.
🔥 Eric Balchunas said $BTC spiked about 6% at the US open on the first day after Vanguard lifted its ETF ban, noting IBIT traded $1B in volume in the first 30 minutes.
🔥 $160 billion was added to the crypto market cap in the past 24 hours.
🇺🇸 SEC Chair Paul Atkins says the agency has "enough authority to drive forward" on crypto rules and plans to unveil an innovation exemption "in a month or so".
🇺🇸 President Trump calls Kevin Hassett as "potential Fed Chair" during White House announcement.
