Pantera Capital has invested $300 million into crypto treasury companies, saying they may offer better returns than crypto ETFs.
Cryptocurrency News
Ethereum could reach over $8.5K if Bitcoin taps $150K, says trader [cointelegraph]
Ether’s market value has typically reached up to 35% of Bitcoin’s in past cycles, and could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.
Ethereum could reach $8.5K if Bitcoin taps $150K, trader says [cointelegraph]
Ether’s market capitalization has typically reached up to 35% of Bitcoin’s in past cycles, and its price could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.
Coinbase relaunches Stablecoin Bootstrap Fund to boost DeFi liquidity [btcmanager]
Coinbase has brought back its Stablecoin Bootstrap Fund, injecting capital into the decentralized finance ecosystem to enhance liquidity for both USDC and EURC. Announced on Aug. 12, the initiative represents the fund’s first significant activity in more than four years…
US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’ [cointelegraph]
US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system.
US takes down sites, seizes $1M from crypto ransomware gang BlackSuit [cointelegraph]
US and international law enforcement agencies have taken down servers and websites linked to the BlackSuit ransomware group and seized $1 million in crypto.
Ethereum whales scoop sales by traders in ‘disbelief’ of rally: Santiment [cointelegraph]
Despite Ether finally edging up toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment.
HashFlare founders given time served for $577M crypto Ponzi [cointelegraph]
HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for admitting their roles in a $577 million scheme; prosecutors say they’re weighing an appeal.
OpenEden taps BNY Mellon to manage tokenized US Treasury assets [cointelegraph]
BNY Mellon will manage and custody the assets backing OpenEden’s Moody’s “A”-rated tokenized US Treasury fund, expanding the bank’s presence in blockchain-based finance.
OpenEden taps BNY to manage tokenized US Treasury assets [cointelegraph]
BNY will manage and custody the assets backing OpenEden’s Moody’s “A”-rated tokenized US Treasury fund, expanding the bank’s presence in blockchain-based finance.