Vanguard Group Shuns Bitcoin ETF Because Of Intrinsic Value
Vanguard Group’s CEO, Tim Buckley, has confirmed that the asset management giant will not pursue Bitcoin Exchange-Traded Funds (ETFs), distinguishing itself from competitors like BlackRock and Fidelity. The company cites Bitcoin’s lack of intrinsic value, cash flow, and stability as reasons for its decision. According to its CEO, Tim Buckley, Vanguard Group, one of the […]
MATIC Rallies to $0.81, Breaking Downtrend with $530M Volume
Polygon’s native cryptocurrency MATIC has joined the broader crypto market rally, with its price surging by 7.8% and shooting past $0.81. The coin has also benefited from a strategic partnership with NEAR Foundation to develop a zkWasm prover. On-chain data shows that whale accumulation of MATIC has been going strong over the past few weeks. […]
UK Treasury Official Says Crypto, AI Are Key for London’s Future
UK Economic Secretary to the Treasury Andrew Griffith believes crypto and artificial intelligence (AI) are important for London’s portfolio. He considers London as an ‘honest broker’ when it comes to regulating crypto assets, artificial intelligence, and other emerging technologies. London is aiming to become a hub for crypto and artificial intelligence (AI), according to UK […]
SEC Probes Terraform Labs Deal with Former Jump Crypto CEO
The SEC is investigating Kanav Kariya’s secret agreement with Do Kwon, the president of Terraform Labs, during the collapse of the stablecoin TerraUSD. The SEC is investigating whether Kanav Kariya, the former CEO of Jump Crypto, a leading crypto trading firm, entered into a secret agreement with Do Kwon, the president of Terraform Labs. This […]
Custodia Bank Offers Bitcoin Custody with Wyoming Approval
Custodia Bank, a non-lending bank built by Bitcoiners, has announced the launch of its Bitcoin custody service for businesses after receiving regulatory approval from the Wyoming Division of Banking. The bank has announced the launch of its Bitcoin custody service for businesses after receiving regulatory approval from the Wyoming Division of Banking. The Bitcoin custody […]